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US Complicit: Israel, Aid and the Congressman’s Circular Flow

[unable to retrieve full-text content]Danny Haiphong, ISRAEL JUST CROSSED HEZBOLLAH AND IRAN’S RED LINE: WWIII LOOMS | MICHAEL HUDSON & JILL STEIN, July 31, 2024. Economist Michael Hudson (follow at https://michael-hudson.com/) and Green Party Presidential Candidate Dr. Jill Stein (https://www.jillstein2024.com/) join the program for a special livestream on the US elections and geopolitics! This stream will dive into the Continue Reading The post US Complicit: Israel, Aid and...

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He’s a Racist

by Joyce Vance Civil Discourse  By now you’ve probably seen clips from the interview Donald Trump gave on stage at the National Association of Black Journalists conference in Chicago today. It was appalling. The only thing worse than the overt racism that came out of his mouth was his apparent belief that he could get away with it. The amazing Aaron Rupar put together an 11-minute cut of the interview that you might want to watch if you...

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July 31, 2024 Trump’s Melt Down

by Prof. Heather Cox-Richardson Letters from an American Yesterday, from a Harris campaign event in Atlanta, Georgia, Atlanta reporter Tariro Mzezewa noted that the crowd of 10,000 people “was ecstatic. There was chanting, cheering, singing, and dancing for hours in the lead-up to and throughout the event,” Mzezewa wrote today in Slate.  Mzezewa reported that rapper Megan Thee Stallion told the audience “I know my ladies in the crowd love...

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Commentaries by Two of My Fav Writers

Two interesting commentaries up next. One by Prof. Heather Cox-Richardson (Letters from an American) and the other from Joyce Vance (Civil Discourse). I read them both after I read the commentaries from our own writers. The topic by both should not be surprising. Both are discussing Trumps breakdown when asked questions about his beliefs on race. Yes, I stopped just short of calling Trump a racist. What was once spoken in privacy, Trump has...

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Fed thinks It Might Cut its Benchmark Lending Rate This Year . . . Maybe

Washington CNN  Someone is hopeful a small decrease in the Fed Rate will impact the economy (housing, etc.) greatly. While it is a positive move over the next 6 or so months (just kidding), I can not see shall a huge decline in rates forthcoming after a decrease. We still have a ways to go. The Federal Reserve gave an important clue Wednesday that it will likely cut its Benchmark Lending Rate in the coming months. The move would pave the way...

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Deceleration All Around (including the bad stuff)

 – by New Deal democrat Angry Bear PM Take: It would seem like Fed Chair Powell feels good about the progress. The theme of the JOLTS report for June was “continued deceleration,” but no particular cause for concern. As we’ll see below, that’s because the “bad” metrics declined just as much as the “good” ones did.  To start with, job openings (blue in the graph below), a soft statistic that is polluted by imaginary, permanent, and trolling...

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Very brief comments on Venezuela

The election in Venezuela is always contentious. I've written quite a bit about it over the years (see everything here; on the previous presidential election see here). Some have decided already that is a fraud, and sustain that the previous ones were also, although that is far from clear, and most likely Maduro (let alone Chávez did win all the previous elections). This time around things are less clear. First of all, the opposition seemed more unified, even with the disqualification of...

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