Mike Norman Economics

Paul Craig Roberts says that the U.S. pushes Russia and China about but they do nothing about it, nor do they make any attempt to protect their interests in Venezuela - but they know how crazy Washington is. After listening since 2016 to the American presstitutes complain, without providing a mere scrap of evidence, of Russia meddling in US elections, a person would think that the last thing Washington would do would be to meddle in other countries’ elections. Unfortunately, that is not...

It's been shown that many people will avoid sites if they have a red or yellow sign under them. The system, known as News-Guard, is supposed to warn people against fake news, but Wilkileaks, which has never released any news that wasn't true, will get the red sign, which shows is that the the News-Guard warning system is actually putting out fake news itself. [embedded content] The news-ranking system NewsGuard claims to protect the American public from fake news. In reality, it has...

When Tulsi Gabbard's bill to stop the U.S. Government from arming head-chopping, jihadist terrorists, like Al Qeuda, ISIS, and Deash, failed to get passed, then the whole World knew who was funding terrorism, or did they? What if this had happened in China, or Russia - imagine what the media would have said, but nothing when the U.S. does it? The FBI abduction of Marzieh Hashemi is another milestone in the US turn to fascism. Marzieh Hashemi is a well-recognized and highly respected...

War is big business, and some people are making a ton of money out of it and don't want it to end. David Swanson says that the  discussion he is having here with Rick Sanchez would never occur on mainstream television, or in the rest of the media, where it is blacked out.Two thirds of the military in Afghanistan are private contractors. The generals get to eat the best steak and drink the best wine while Afghans get pounded and U.S. troops die.The U.S. got Bin Laden a long time ago where...

This fits in reality well with the politics we discuss here. A terrific sketch - hilarious! Very pro Palestine.In the U.K. The Big Issue is a newspaper homeless people sell to earn some money, and 'I can't Believe It's Not Butter' is a margarine. [embedded content]

Kennedy and King Family Members and Advisors Call for Congress to Reopen Assassination Probes Mark Crispin Miller writes: I’m proud to be among the signatories calling for a new investigation—a real investigation—of the four assassinations that created the America we’re living in today: a rogue state hooked on war, its people either crushed by poverty or struggling to get by, ripped off and poisoned by the same cartels,  yet bitterly divided.  We’re on the brink today because we’ve all...

Trump and Pence say they care about the Venezuelan people who they say are suffering under a socialist dictatorship even though the Nicolas Maduro's government got voted in through a fair election. [embedded content] Venezuela's political crisis deepens - with the U.S. reportedly considering throwing its full weight behind the opposition leader, after rejecting the legitimacy of Nicolas Maduro's presidency.

To combat inequality and oligarchy, we need to tax the accumulated wealth of the billionaire class, not just income. Reintroducing high taxes on the rich seems to be popular now, even in the U.S. with 45% of Republican voters supporting the idea. Alexandria Ocasio-Cortez says the 70% tax will only kick in after someone has earned over $10 million. Wow, that's going to be some fight!  Anyway, no more worry that some people raise about the oligarchs capturing all the MMT deficit spent...

Having been involved with MMT for over 18 years, I feel as I had a small part in this and I am very gratified to see it become part of the national discussion.

Not bad for a critical article. Looks like the days of just mocking MMT are about over. Now critics have to be careful of looking foolish.National Review‘Modern Monetary Theory’: Helpful but Prone to Misuse Alan Cole