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Mike Norman Economics

NBC News’ Attempt to Demonetize The Federalist is Illiberal Insanity — David Harsany

If you are following this story, David Harsany's post adds some detail. IMHO, "demonizing" a site owing to the comments section, or lack of moderation thereof, is jumping the shark. If it is not intentional censorship, it is overreaction. OK, so I admit that this can get complicated since some comments can definitely be way over the top. If it's isolated instances, then probably best to keep a sense of proportion and write it off as just the way the Internet works.  If it's chronic...

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Sputnik — Elderly Man Shoved to Ground by Buffalo Police Has Fractured Skull, Unable to Walk, Attorney Says

While the police may be protected by qualified immunity, the city is not. How much is this going to cost the City of Buffalo in damages?  And that means the taxpayers, since US municipalities are depending on revenue for funding expenses.Sputnik InternationalElderly Man Shoved to Ground by Buffalo Police Has Fractured Skull, Unable to Walk, Attorney Says

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Zero Hedge — Google Demonetizes Zero Hedge

This is a serious mistake.The Federalist de-platformed , too. (Update: Google says not. That may have been fake news.)While I don't agree with a lot of what appears on ZH and with almost nothing that appears in the Federalist, de-platforming is not the way to go. It's corporate censorship in place of government censorship. While government censorship is prohibited by the constitution (First Amendment rights), corporate censorship is not — yet, anyway.There is the benefit here though of...

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More things turning positive, but I’m staying defensive up here.

Some more things from the fiscal flows looking a little bit more positive, but I am staying defensive here on sentiment and what lies ahead. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.pitbulleconomics.com/podcasts/

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Confronting racism, repairing history — Thomas Piketty

The wave of mobilisation against racism and racial discrimination poses a crucial question: that of reparations for a past history involving slavery and colonisation. This is an issue which has still not been fully confronted. No matter how complex the question may be, it cannot be eluded for ever, either in the United States or in Europe.... No amount of monetary compensation in present day individuals is sufficient for system racism and systemic sexism.  Not that some individual...

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