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Ron DeSantis doesn’t understand capitalism

I see where failing GOP presidential candidate Ron DeSantis is trying to salvage his campaign by pivoting to Marxism. He is calling for the state of Florida to investigate Belgium-based AB InBev on the basis of their recent Bud Light advertisements using a trans character. DeSantis seems to believe that AB InBev breached legal duties to shareholders and that as governor of Florida, “all options are on the table.” Ostensibly, the basis for the nanny...

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The Innocents

Per the Heritage Foundation (Heritage), each year, American civilians use firearms defensively between 500,000 and 3 million times. Which is saying that they have been exercising their relatively newly lawful Second Amendment Right to bear arms for the purpose of self-defense a lot. Further research might indicate that the number is well below 700,000 (might even be as low as 11). As Heritage does make note, there is no way of really knowing. After...

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The Innocents

Per the Heritage Foundation (Heritage), each year, American civilians use firearms defensively between 500,000 and 3 million times. Which is saying that they have been exercising their relatively newly lawful Second Amendment Right to bear arms for the purpose of self-defense a lot. Further research might indicate that the number is well below 700,000 (might even be as low as 11). As Heritage does make note, there is no way of really knowing. After...

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It Turns Out That No One Wants to Tell the Truth About Government ‘Debt’ — Stephanie Kelton

 Useful summary of the MMT position on government finance and accounting — with copious links.The LensIt Turns Out That No One Wants to Tell the Truth About Government 'Debt'Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders

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Going Against The Grain, Separating The Wheat From The Chaff – This Is How The New Black Sea Campaign Will Go—John Helmer

Intersection of geopolitics and geoeconomics concerning world trade, grain, and fertilizer.Dances with BearsGoing Against The Grain, Separating The Wheat From The Chaff – This Is How The New Black Sea Campaign Will GoJohn HelmerSee alsoSputnik International (Russian state-sponsored media)Pepe Escobar: Neocons Want War With ChinaAlsoIf Martin Armstrong is correct, more intersection of geopolitics and geoeconomics concerning world trade, grain, and fertilizer.Armstrong EconomicsSilos Destroyed...

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Jobless claims: close but no cigar for the red flag

Jobless claims: close but no cigar for the red flag  – by New Deal democrat Initial claims declined -9,000 to 228,000 last week, and the four week average declined -9,250 to 237,500. Continuing claims, with a one week delay, rose 33,000 to 1.754 million: More importantly for forecasting purposes, initial claims are up 7.0% YoY, the four week average up 10.6%, and continuing claims up 30.8%: Just as importantly, the average for July so far...

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Jobless claims: close but no cigar for the red flag

Jobless claims: close but no cigar for the red flag  – by New Deal democrat Initial claims declined -9,000 to 228,000 last week, and the four week average declined -9,250 to 237,500. Continuing claims, with a one week delay, rose 33,000 to 1.754 million: More importantly for forecasting purposes, initial claims are up 7.0% YoY, the four week average up 10.6%, and continuing claims up 30.8%: Just as importantly, the average for July so far...

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