Now listen up folks. You get to write about movies and artisanal cheese and American politics, but keep your hands off foreign policy coverage and Israel. Got that?
(Former Jerusalem correspondent Ethan Bronner, who I believe is a liberal Zionist, writes about the Supreme Court’s landmark decision today and makes the wise comparison of John Roberts to David Souter.)
“…keep your hands off foreign policy coverage and Israel. Got that?”
A guy’s gotta eat..
Phil, my apologies for possibly being thick, but what’s your point? I don’t really get what you’re trying to say here.
Glad to see Ethan Bronner covering an issue where his Zionist bias does not distort his reporting. If only the Times assigned unbiased reports to Israel/Palestine we’d be getting somewhere. Jodi Rudoren doesn’t qualify as unbiased; her cultural background means there’s a built-in bias. Why doesn’t the Times send atheist Korean reporters with no cultural, religious, or ethnic ties to cover Israel/Palestine?
I’d like to meet that Korean atheist reporter who speaks Hebrew :-)
the future of zionism is as an entry in a compendium of discarded ideologies.
Okay, I think I get it now: “you” being Ethan Bronner. Spiking the football a bit are we, Phil?
yeah i think i gotta fix the headline to make it work
Obamacare is a gift to corporate america. It comes as no surprise that Roberts would support it. The notion that this decision marks some historic change in Roberts’ pro-corporate agenda is just plain silly.
Tom Tomorrow is so on the ball with this
link to democraticunderground.com
Justice Roberts pulled a coup for the American people. Watch this, and read the video notes. Tell others.
link to youtube.com
I don’t exactly get it either, but praising Roberts as “sorta” liberal is probably misplaced.
What’s not to like about O’s health care plan by capitalist type conservatives?
It still keeps ‘mandated’ heath care entirely in the ‘for profit insurance sector’ with the added benefit of taxpayers subsidizing the premiums.
American,
If 99% of the people in this country understood how federal accounting works, we would have free medical care for everyone in this country.
I fault progressives for their ignorance and failure to educate themselves about how federal accounting works, and I fault regressives for pulling the wool over everyone’s eyes.
The United States of America is the issuer of the currency, and the people of the United States of America can have anything they want as a result (the ‘ole of the people, by the people, for the people line). That has been true since August 15, 1971 when Nixon took us off the gold standard. What he did when he did that was allow this country to have untold prosperity. The problem is that few, a handful, understood what it meant. Took me four decades to bother to check it out.
The USA is the issuer of the currency. Think about what that means. [States, businesses, and households are currency users. Neither you nor I can create dollars to pay our bills.]
“The USA is the issuer of the currency.”
I think you will find that the US currency is issued by a private bank – the Federal Reserve.
RoHa,
I think you will find that is a tad simplistic. The notes are created by the US Bureau of Engraving and Printing (Treasury), the coins by the U.S. Mint (Treasury), and the Fed creates its notes for US banks. There are about $500 billion paper notes in circulation. But that isn’t the sum total of US currency or money. The US Treasury issues securities into the economy (bonds, bills, Treasury Inflation-Protected Securities (TIPS), US Savings Bonds) via securities accounts at the Fed. That’s one way that the US Government creates money. Another way is by crediting the checking account at the Fed of the US bank of a supplier it is contracting with (government contracts). Via a keystroke. The checking account at the Fed is called a reserve account. The savings account is called a securities account. US banks bank at the Fed. (When someone buys a house in this country, the money goes to the Fed and it deposits it in the bank account of the seller’s bank at the Fed.)
“Where Did the Federal Reserve Get all That Money?” Dr. Stephanie Kelton, a Federal Reserve operations expert.
link to neweconomicperspectives.org
I am more than aware of the 1913 story, Eustace Mullins (1983) and Gary Kah (1991), read that stuff decades ago. But there are serious errors with it, and I didn’t come to this POV lightly. I threw myself into checking it out.
Here’s one guy, Dr. Edward Flaherty who can address it better than I if you’re interested.
First, his article for the Public Eye, then an article he wrote about Eustace Mullins and Kah’s work.
link to publiceye.org
“Who owns and controls the Federal Reserve”
link to usagold.com
Thanks for the details and those links.
(The first is a bit vague about how much control of the U.S. government has over the Federal Reserves. The second is just banging on about foreign ownership, and seems to ignore the private ownership issue.)
I must admit that I never think of the bonds and the like as currency.
“a house in this country”
I presume you mean the USA.
@RoHa
Here you go, and this applies to your country as well (you stalk strine, right? ;-))
As far As I am concerned these are the brightest lights in the room.
Blurb that will explain what conference was about:
link to correntewire.com
“Fiscal Sustainability Teach-In and Counter-Conference
April 2011
link to netrootsmass.net
Intro at Conference, just the audio. Short.
link to netrootsmass.net
SESSION 1
“What Is Fiscal Sustainability?”
Bill Mitchell, Research Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the University of Newcastle, NSW Australia, and blogger at billy blog
link to netrootsmass.net
SESSION 2
“Are There Spending Constraints on Governments Sovereign in their Currency?”
Stephanie Kelton, Associate Professor of Macroeconomics, Finance, and Money and Banking, Senior Scholar at The Center for Full Employment and Price Stability (CFEPS), University of Missouri – Kansas City, Research Associate at The Levy Economics Institute of Bard College, and blogger at New Economics Perspectives
link to netrootsmass.net
SESSION 3
“The Deficit, the Debt, the Debt-To-GDP ratio, the Grandchildren and Government Economic Policy”
Warren Mosler, International Consulting Economist and blogger at The Center of the Universe
link to netrootsmass.net
SESSION 4
“Inflation and Hyper-inflation”
Marshall Auerback, International Consulting Economist, blogger at New Deal 2.0 and New Economic Perspectives
link to netrootsmass.net
SESSION 5
“Policy Proposals for Fiscal Sustainability”
L. Randall Wray, Professor of Economics, Research Director of CFEPS at the University of Missouri – Kansas City, and Senior Scholar at The Levy Economics Institute of Bard College;
Pavlina Tcherneva, Assistant Professor of Economics at Franklin and Marshall College, Senior Research Associate at CFEPS and Research Associate at The Levy Economics Institute of Bard College and bloggers at New Economic Perspectives
link to netrootsmass.net
@RoHa,
One more: the late, great William Vickery, shortly before he died. He got the Nobel Prize about four days before he died as well. He’s another grand-daddy of Modern Monetary Theory (MMT).
link to columbia.edu
Zionism will be seen in the future as the Jews’ Nazism. It’s already seen that way by honest non-Jews here at Mondoweiss. Even though Zionists haven’t engaged in genocide according to the legal defintion, the ideology of the Zio-supremacists of Jewish people being seen by them as superior to others and the dehumanization of the Palestinians by Zios in the Nakba via ethnic cleansing demonstrates the dangerous ideology of the bots. There’s a song by the rapper Immortal Technique called “The 4th Branch” that describes vividly the injustices inflicted upon the Palestinians. I can’t listen to this song without getting teary-eyed by the end, especially by the end. I think this song gets me so emotional because it just shows the extent of my white Jewish privilege in America.
I love Immortal Technique.
4th Branch video. I listen to his stuff without the visuals, far more powerful for me.
link to youtube.com
Lyrics:
link to lyrics007.com
fantastic mrw
Very powerful. Sharing it already. Thanx so much.
RE: “Bronner…writes about the Supreme Court’s landmark decision today and makes the wise comparison of John Roberts to David Souter.” ~ Weiss
MY COMMENT: I’ll believe it only when I see it in a lot more than one decision. In the meantime, put me down as a skeptic.
P.S. Whatever happened to your hobbyhorse, Phil? Not to mention “jetsam and flotsam”. Enquiring mimes want to know.
P.P.S. Election-wise, I suspect that Obama would have been better off if the Supreme Court had “struck down” the health care law (“Obamacare”). Then he could have campaigned as poor, little “David” standing up (“for the people”) against the big, bad, unelected, elite, Goliath of a Supreme Court! I can see that being very effective with swing/undecided voters.
But what do I know?
So, we now have “taxation” as a means of forcing any or all citizens to do whatever the government wants. I don’t understand what why the chief justice did this–not to curb the formerly ever-expanding Commerce Clause, because he could have just added his name to the four conservatives’ opinion to assure that. If memory serves, the “functional test” to determine if a tax exists is totally new in the federal courts. The Obamacare legislation enactors and its supporters, including Obama himself, went out of their way to claim Obamacare was NOT a tax; afterall, Obama had always said he would never tax the middle class. Obamacare does not fit in any of the three Constitutional types of tax. Hence the chief justice pulled the functional tax” out of his ear. Why? The justification he gave was the general welfare clause, something never before, to my legal knowledge, was meant to take the place of the specific powers granted the government in the constitution.
We now have an unfettered government–it can coerce whatever it cannot mandate simply by passing legislation that incorporates fines or penalty fees for not joining the legislated cause, in this case, health care.
Anything that passes “it functions like a tax as money comes in if you refuse to literally buy into the government scheme.”
The IRS is the designated agent to extract/enforce penalty fees for refusing Obamacare (a wonderful feast for Big Insurance & Big Pharma).
now have “taxation” as a means of forcing any or all citizens to do whatever the government wants
hmm,not sure it works like that citizen..checkout this video
“There is no Individual Mandate requirement in the Health Care bill. Republicans are lying to you. ”
link to youtube.com
and thanks to kathleen or whoever it was who linked to this yesterday..
The swing vote by the chief justice validated Obamacare legislation solely on the theory it’s a form of taxation. Annie, do you deny this? The individual mandate is in the form, not of a mandate, but of “do whatever you want or not do it” but if you refuse to get health insurance, you will be fined, and the IRS will be the enforcement agency. What are you talking about?
RE: “So, we now have ‘taxation’ as a means of forcing any or all citizens to do whatever the government wants. I don’t understand why the chief justice did this. . .” ~ Citizen
MY REPLY: I have my suspicions!
SEE: ” ‘Obamacare’ ruling gives GOP an ‘It’s. A. Tax.’ opening”, By Jon Healey, L.A. Times, 6/29/12
ENTIRE COMMENTARY – link to latimes.com
P.S. ALSO SEE: “Mitt Romney rakes in $4.6 million just 24 hours after ‘Obamacare’ ruling” – link to csmonitor.com
“The 4th Branch” by Immortal Technique
link to youtube.com
“Every healthy people seeks land expansion for its survival.”–Adolph Hitler