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Mike Norman Economics

Trump intensifies coup plot as Congress meets to certify election results, by Andre Damon

 The United States Congress is meeting today to formally count the Electoral College votes in the 2020 presidential election. Under normal conditions, this process is a formality. Today’s vote, however, takes place under conditions of an active and ongoing effort by President Donald Trump to stage a coup d’état, nullify the results of the election and establish a presidential dictatorship.Trump, with the active support of a majority of Republican House members and a substantial number of...

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Georgia Dems Relied Heavily on Massive Corporate War Chest to Cinch Historic Election — Alan Macleod

Thus, both contests have conformed to political scientist Thomas Ferguson’s “Golden Rule” of politics: that the party that spends the most almost always wins the election. Ferguson’s 1995 thesis, “The Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems,” argued that elections are essentially contests between rival big businesses and that the two political parties compete to serve those who pay them, not the public. Nearly 20 years later, a...

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The War on China — Izak Novak

Backgrounder. Longish.Qiao CollectiveThe War on ChinaIzak NovakSee alsoNEOWashington’s Fingerprints All Over Mongolia’s 2021 Presidential ElectionVladimir OdintsovSee alsoSputnik InternationalChina Warns US Against Meddling in Border Stand-Off With IndiaSee alsoZero HedgeMarines Step Up Training For China With Island Exercises Off Japan's MainlandTyler DurdenSee alsoAmericans only care about America while their rulers only care about the rest of the world. This is entirely by...

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Janet Yellen’s Cash Haul of $7 Million Is Just the Tip of the Iceberg; She Failed to Report Her Wall Street Speaking Fees from JPMorgan and Others in 2018 — Pam and Russ Martens

Yellen is Biden’s nominee for U.S. Treasury Secretary. In anticipation of her Senate confirmation hearing, she has released her financial disclosure forms which showed a windfall of more than $7 million in speaking fees since she left her position with the Federal Reserve. The bulk of that money came from Wall Street firms, which are variously regulated and bailed out by the Fed.Our question for Yellen is an uncomfortable one: why did her financial disclosure form report her cash haul from...

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econintersect — Meteorologist Says Licking Icicles Is Like Eating Poop

Public service announcement.“You’re eating poop!” Meteorologist Katie Nickoloau responded to the many TikTok videos she saw with people munching on icicles with a warning video of her own. She reminds people that icicles that form off of roofs also include whatever is on the roof like bird poop....econintersect.comMeteorologist Says Licking Icicles Is Like Eating Poop

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RT — North Korea’s Kim admits economic failure at party congress, blames ‘a series of the worst of worst unprecedented crises’

Speaking at the ruling party’s first congress since 2016, Kim Jong-un says his economic development plan fell "greatly short" of its goals, as North Korea struggled with natural disasters, sanctions, and the Covid-19 pandemic.“Our five-year economic development plan has fallen greatly short of its goals in almost all sectors”, the North Korean leader admitted on Tuesday, during the opening of the first congress of the ruling Workers’ Party since 2016 in the capital Pyongyang.At a party...

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