Mike Norman Economics

The three types of power which decide the fate of regimes are force, fraud and subversion; that’s to say, arms, money, media.... Detailed analysis of the indictments. Important if you are following this closely.Dances with BearsA Lesson in Political Sociology for Robert Mueller – a Lesson in Warfare for Dmitry Peskov John Helmer, from Moscow

U.S.-Russian hostility is now inevitable, and the results could be tragic. History of US election interference, regime change and coup d'etat.  The American Conservative Russia’s Election Meddling: Worse Than a Crime; a BlunderRobert W. Merry | Editor also Stop scapegoating Russia for America's divisions—and stop using Moscow as an excuse to call for restrictions on speech. ReasonThe Never-Ending Search for Foreign SubversivesJesse Walker also Resistance leader? Not really....

Keeper John Elster quote. Lars P. Syll’s BlogMarx and Keynes on the contradictions of capitalismLars P. Syll | Professor, Malmo University

Competent presentation and illustration by this well trained Youtuber of the events that led to the remedial activity that is now the largest engineering project in the US: [embedded content]

Yeah those old crafty "neoliberal banksters!" are just killing it these days:LATEST: Deutsche Bank begins cutting at least 250 jobs at its corporate and investment bank, sources say https://t.co/Oy1TsXZCaK pic.twitter.com/jIhXtX6dHH— Bloomberg (@business) February 19, 2018

Seems like many more than just Legislators could use some brushing up here (e.g. see post directly below this one...). While the differences between book and tax accounting are no doubt confusing to many, it is entirely reasonable that there be considerable differences between the two practices. After all, corporate accounting standards are typically set by the independent Financial Accounting Standards Board (FASB), while the Internal Revenue Code is a product of the political process...

A few things came up late last week which demonstrate the neoliberal Groupthink is alive an well at the highest levels of policy in Australia (and elsewhere). First, there was a story that a report from an Australian Broadcasting Commission (ABC) journalist on the Australian government’s corporate tax cuts was withdrawn after publication by the ABC after receiving several complaints from senior government ministers including the Treasurer and the Prime Minister. The story was not even...

Back in September I presented a paper at a conference in Moscow on the topic of ‘Human Rights Reasoning and Double Standards in the Rules-Based Order.’ In this I pointed out that both Russia and the West claimed to be in favour of a ‘rules-based order’ and that each accused the other of breaking that order. The problem, I conjectured, derives from differing understanding of what the rules are and how they should be applied. Russia believes in a traditional, Westphalian, order in which...

Now the Deputy Attorney General Rosenstein confirms what I told you in my previous post. Mueller found no evidence that Russia had any impact on the outcome of the 2016 election. http://www.thegatewaypundit.com/2018/02/bitter-john-brennan-reacts-mueller-indictment-13-russians-election-meddling-plot/?utm_medium=referral&utm_source=idealmedia&utm_campaign=thegatewaypundit.com&utm_term=68735&utm_content=2191016 So what was Russiagate all about? It was exactly, precisely what...

I’m old enough to remember those times well. I also remember the eighties, and seventies, and sixties, and the first hand accounts of those from the fifties. There was no agreement, no unified mass central consensus in those days. There was the appearance of such because those with power, privilege, and authority could much better control the message, control the “news” as reported. Polarization existed then too. It is not a product of the digital age. The difference is that back then...