Mike Norman Economics

Happy Independence Day as America celebrates with a military parade in the capital city.If vigilance is the price of freedom, Americans need to wake up and stand up as the vise jaws close.This Can't Be HappeningUS is a Classic Empire and Is Becoming a Repressive Police State at Home Dave LindorffSee alsoThe Rutherford InsitituteIt’s Time to Declare Your Independence from Tyranny, America John W. WhiteheadAlsoAlterNetTrue patriots are rebels, not bootlickers Meteor Blades

China remains committed to its 40-year-old process of reform and opening up. But following through on this commitment will require China's leaders to find ways to manage escalating tensions with the US and avoid a costly – and potentially devastating – reconfiguration of the global economy.... Project SyndicateThe Next Phase of Trump’s Trade War with ChinaYu Yongding | former president of the China Society of World Economics and director of the Institute of World Economics and Politics at...

Huawei founder Ren Zhengfei told the Financial Times on Thursday that he expects the US to fight against his company's push into the Internet of Things (IoT) and smart factory technologies. Monopoly capitalism at work. Sputnik InternationalHuawei Founder Ren Zhengfei Says US Will 'Fight IoT Next", Block Smart Tech Industry – Reports

Bonnie Faulkner of Guns and Butter interviews Michael Hudson. Transcript.Naked CapitalismMichael Hudson Discusses the IMF and World Bank: Partners In Backwardness Yves Smith

I saw a Tweet overnight suggesting the so-called progressive British Remainers had been a little quiet in recent days following the comical display of anti-democratic, corporatism aka filling leadership positions in the EU and the Eurozone. Where are they? Why aren’t they out there in the media (social or otherwise) extolling the virtues of their much-loved European Union, where progressive policies are the norm and the peoples’ interests are held above the narrow corporate interests? The...

How is this possible?  Rather than weaken Al Quada, the War On Terror has greatly strengthened it, as Bin Laden hoped it would. Al-Qaida has recruited an estimated 40,000 fighterssince Sept. 11, 2001, when the Osama bin Laden-led extremist group attacked the United States, according to the not-for-profit Council on Foreign Relations. Despite a United States-led global “war on terror” that has cost US$5.9 trillion, killed an estimated 480,000 to 507,000 people and assassinated bin Laden,...

After urging land reform I now know the brute power of our billionaire press This actually from Dump The Guardian. More outrigbtl lies in the media again. According to them, the Labour Red Army is coming!I went out with my girlfriend the other day and met her friends, and they were all complaining about their work: how their bosses were too hard, the long unpaid hours they put in, how their apraisals were severe to make sure they didn't get the full pay rise, how their company was getting...

Robert Reich disappointed me recently by peddling the Russia-gate myth. More than at any time in history, while most Americans are struggling to make ends meet. With such staggering inequality, it’s fair to ask: should we abolish billionaires? There are basically only four ways to accumulate a billion dollars – and none of them is a product of so-called free market capitalism. Billionaires themselves aren’t the problem. The real failure is in how our economy is organized. One way to make...

The Tories want to bring back fox hunting. When the fox hunters catch a fox and their dogs rip them up, they like to smear the blood all over their faces. This is the aristocracy that runs Britain. [embedded content]

More propaganda in the Mueller report. This is not new "news." It was reported back when. But Mueller went along with the hoax anyway. Consortium NewsMueller Report Gets the Trump Tower Meeting Wrong; Promotes Browder Hoax Lucy Komisar