HomeUncategorized7/5 News Roundup & Open Thread – Bernie Is The Best Candidate On Palestine, Moody’s Warns of Far-Reaching Economic Damage of Climate Crisis & More

115
Leave a Reply

avatar
Photo and Image Files
 
 
 
Audio and Video Files
 
 
 
Other File Types
 
 
 
62 Comment threads
53 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
11 Comment authors
polarbear4magsvieworlbucfanorlbucfanwi61 Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
newest oldest most voted
Notify of
Don midwest
Don midwest

What is the difference between IMF and World Bank?

This short comment was posted on Moon of Alabama

There’s a good interview with Michael Hudson regarding the World Bank and the IMF at Naked Capitalism today. An excerpt:

Bonnie Faulkner: What is the difference between the World Bank and the International Monetary Fund, the IMF? Is there a difference?

Michael Hudson: Yes, there is. The World Bank was supposed to make loans for what they call international development. “Development” was their euphemism for dependency on U.S. exports and finance. This dependency entailed agricultural backwardness – opposing land reform, family farming to produce domestic food crops, and also monetary backwardness in basing their monetary system on the dollar.

The World Bank was supposed to provide infrastructure loans that other countries would go into debt to pay American engineering firms, to build up their export sectors and their plantation sectors by public investment roads and port development for imports and exports. Essentially, the Bank financed long- investments in the foreign trade sector, in a way that was a natural continuation of European colonialism. …

Tyrannocaster

Marianne Williamson; ugh. I really didn’t know anything about her, but anybody who says stuff like this is no better than the fundamentalists/neocons who blame everything on the victims:

Weight loss? “The cause of your excess weight is fear, which is a place in your mind where love is blocked.”

Poverty? “Many people fail to manifest money because on some deep level they don’t think they should.”

“Disease,” she wrote, “is loveless thinking materialized.”

Yes, it’s all your fault. Williamson wants a spiritual meritocracy, which *she* is uniquely qualified to lead. The Republicans have been blaming poor people for their “self-inflicted” poverty all along, but I never thought I’d see someone from any kind of leftist side do this. In fact, she seems neither left or right, just…somewhere else. You could make a case for attitude playing a part in physical health (placebo effect is real, and focusing exclusively on negativity can certainly mess you up), so I’ll give her a sort-of pass on the third one there, although it seems to me she is still playing the blame game. But the first two are straight out of the Republican playbook, only Republicans use fear to motivate something other than weight loss.

And some of the left-wing sites are promoting her. “Don’t count her out; after all, Trump got elected.” FFS: “manifest money”?

Tyrannocaster

Perhaps she is the reincarnation of Grigory Rasputin.

orlbucfan

She is full of the usual vapid New Age con job I have endured since college. Some nonsense never changes.

Benny
Tyrannocaster

Hilarious, isn’t it? “I wasn’t prepared” is one most of us learned doesn’t fly when we were in grade school, and you expect it to work against Donald Trump? Joe Biden: “Vote for me; I’m an excuse for a candidate”.

WindDancer13

Yes, Joe, we know you. Joe, you are nothing more than a softer spoken Trump without a Twitter fetish.

Once again, Joe “Black schools are inferior” Biden could have (should have) fought for magnet schools rather than against busing. The courts had agreed long before his anti-busing speeches and actions that magnet schools were an acceptable method of integration. He is not a leader.

WindDancer13

Yes, it is long. Yes, it is Trump, Yes, you will learn something important.

This is the face that Trump wants voters to see, not the “fake news” about him: he is super patriotic and very knowledgeable about the country’s history. (Although, the part about the Revolutionary Army capturing the airports may have been a surprise to some.)

He is subdued, and his hope is is that he looks and sounds presidential. If Trump were to put this face forward in a general election debate, Biden would be lost (in part, because he has the same agenda). Bernie, on the other hand, will get under Trump’s thin skin with his proof that Trump is a fraud.

It is an interesting speech in that the whole thing was a tribute to the military for the 4th of July which is actually a celebration of intellect. In fact, as you watch, you will understand that this is one long military recruitment speech. The shots of the crowd will show that they were not terribly impressed. They came for a show, not a history lesson.

The history (written on a teleprompter) is very much in keeping with most US Americans are taught in US schools, meaning inaccurate. For the most part, Trump stuck to the script, even to the point of rushing through applause lines in order to keep up with the massive amount of reading he had to do. None of what he said was internalized.

He parroted what he has seen abroad in how he thinks a dignified persona is supposed to look at times of importance, and failed miserably. Although, his supporters may buy it. It was quite awkward.

If you listen carefully, you can hear the drums beating for war.

wi61

I doubt Trumpcorp knows the meaning of this. Him and most Congress critters have more than provided for the common defence and pretty much abandoned the rest of the Preamble unless it serves them to get rich and powerful.

“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.”

WindDancer13

Funny that we don’t have a Constitution Day for the establishment of the government, but instead celebrate the Declaration of Independence that took us to war.

wi61

Even though it wasn’t done until 1787(memory?) I look as the 4th as that day. We had to fight for independence obviously but the constitution was done for on how we were going to govern ourselves which is still very important to me.

WindDancer13

WindDancer13

I predict he is wrong.

Trump predicts military will see ‘big spike’ in recruitment thanks to his July 4 celebration

President Trump said the military will soon see a “big spike” in recruitment numbers coming off of the steam from his “Salute to America” Fourth of July celebration Thursday.

“We had a phenomenal crowd last night, and it was a fantastic evening for our country,” Trump said while speaking to reporters on the South Lawn at the White House on Friday. “You’re going to have a lot of people being recruited, I think, based on that. We’re going to have a lot of — a lot of people joining our military. And we really needed that.”

White supremacists and neo-Nazis are not going to enlist. Bone spurs (aka cowardice) all around.

WindDancer13

First half: Richard Wolff explains how Trump’s fight with the Fed about interest rates and his trade wars are not about helping the people, but about re-election.

Second half: Aaron Mate discusses the trust Americans put in the intelligence community and how reports are not evidence-based.

WindDancer13

Hopefully, things won’t get this bad before people realize that things need to change so there CAN be a future beyond us.

WindDancer13

To make up for the dystopian turn of the last one:

humphrey

humphrey

wi61

Leftward tilt? Its about solutions to many of our countries numerous problems which I don’t consider leftish just progressive. The only reason that Bernies ideas are being scoffed at is that it would affect the corporate greed is good philosophy

magsview

At this point I swear Biden sounds like he’s running as a ‘traditional’ Republican. (As opposed to Trump’s populist right-wing nationalistic egocentric showman).

Joe’s the kinder and gentler conservative, knows what’s best for us in a patriarchal way.

humphrey

magsview

This is something I think Sanders does very well, genuinely-give credit, and sometimes even praise, to others who he wants to ally with, do good things with.

I saw this kind of thing in display in an article I read yesterday about a new law here in CT to phase out plastic shopping bags (and then probably paper bags too, as they apparently actually even have a larger carbon footprint than plastic-but damn are those plastic bags are bad!).

Here’s the article I’m talking about:

A win on plastic bags for environmentalists; not so on bottles, plastic straws

Definitely good news, the sort of good news we don’t get too often here in CT (believe it or not), so I looked into who was involved in this effort when I got home from the supermarket (where I’d learned of the new law, which is going into effect August 1st).

That’s where I read some interesting (to me) quotes:

Lori Brown, executive director of the Connecticut League of Conservation Voters, said her organization brought a lot of pressure to bear on house members and on the governor’s office.

We really needed to give some kudos to the House,” said Brown, noting that it’s a rarity to get a budget bill amended on the floor. “This was a really bloody battle.”

I loved how, right off the bat, she’s giving credit to others and their hard work.

Then this, not only praising others efforts but using them as a stepping stone (smart!) to more widespread progress:

Rep. Jonathan Steinberg, D-Westport, said 10 municipalities have already passed some version of a plastic bag ban.

“We wanted to honor their efforts to make sure that whatever we did legislatively at the state level would not preempt those efforts or future efforts by municipalities to create regulations that might actually be stronger than the state’s,” he said. “So that was very important that we clarified that.”

“We wanted to honor their efforts”

And it would seem that they managed to create room to widen those efforts even more! now that’s incrementalism I can get behind. Certainly a far cry from the fake incrementalism it seems we are always being sold, like ACA.

humphrey

humphrey

magsview

Yah, fun to mock, but I already see the powers that be lining up behind Harris. They may push Buttigieg for VP or, failing that, maybe insert Castro in there. I don’t see Booker as VP, but I suppose you never know.

Maybe I’m saying all that because I was depressed to hear that my rep. Jahana Hayes has endorsed Kamala.

humphrey

magsview

I am beginning to worry that she really won’t get shredded, not by many Dems at least. I’m thinking that the only one who might be able to ‘shred’ her, and survive, would be Warren.

I hope that people can see behind those “scripted quips” of Kamala’s, her stagecraft, and not get sucked in by her earnestly delivered sound bytes. She’s a phony and we can’t afford another Obama-type situation.

polarbear4

huge fear. IDPOL at it’s worst. CBC already showing their true colors.

humphrey

humphrey

humphrey

humphrey

humphrey

humphrey

WindDancer13

I just found this guy today. I almost didn’t click on the first piece here because of the title. In his comments he says to share it with the title as most people will click on it because of the title. He is probably right, and I like to see click bait being used for a good cause for a change.

Note: Yes, I had to go look. I do not see anything here that says immigrants do not have these same rights. The key word here is “all.”

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

Let’s not let little things like facts get in the way of a good smear campaign:

Most of his pieces are quite short, but he sure packs a lot into each one.

I read the original story in college about the same time the movie came out. Totally different story. Things like this should be a warning not to trust any type of media.

humphrey

comment image

humphrey

WindDancer13

Is it time for a new Declaration of Independence?

Consider this from the original:

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, —That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

And:

But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

Next follows a long list of Britain’s sins. Take a look at some of them and compare them to what is currently happening in these states. Substitute “he” for our government in the last 30-40 years or so. I have inserted some possible actions, results or entities as examples of how some of these are being done. Many more examples are possible.

He has refused his Assent to Laws, the most wholesome and necessary for the public good. [Congress’s lack of response to the public’s wishes.]

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only. [Gerrymandering]

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people. [McConnell, Pelosi, etc.]

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands. [cages]

He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance. [Homeland Security]

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures. [troops at the borders]

He has affected to render the Military independent of and superior to the Civil power. [the budget]

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation: [NSA]

For protecting them [troops], by a mock Trial, from punishment for any Murders which they should commit on the Inhabitants of these States: [Navy Seal and others acquitted for murder]

For cutting off our Trade with all parts of the world: [tariffs]

For imposing Taxes on us without our Consent: [tariffs]

For depriving us in many cases, of the benefits of Trial by Jury: [cash bail among other things]

For transporting us beyond Seas to be tried for pretended offences [Assange among others]

Revolution 2.0 . . . Let’s get it right this time:

We hold these truths to be self-evident, that all people are created equal, that they are endowed by their humanity with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

WindDancer13

Mission Accomplished:

polarbear4

magsview

I could not agree more with that tweet.

Here’s one reason why. Kamala has been working it-the CBC for example, and she just snared Jahana Hayes.

The relevant part to the tweet above:

Biden, Harris and president candidate Sen. Cory Booker are all vying for support from the Congressional Black Caucus. Hayes is the seventh member of the caucus to endorse Harris. Biden has won the support of five Congressional Black Caucus members and Booker several others.

Hayes has met with Harris and Booker every week in caucus meetings, she said.

then,

Hayes is frequently identified as part of a group of younger, more diverse and female first-term members of Congress, including Rep. Alexandria Ocasio-Cortez, Rep. Ilhan Omar, Rep. Ayanna Pressley and Rep. Rashida Tlaib.

“I’ve asked them offline, you know, ‘Do you have any thoughts?’” said Hayes. “People have said ‘I’m not there yet. I’m just watching carefully.’”

We need to WOO those members, not attack them!!

polarbear4
magsview

I don’t ‘get’ this tweet-what am I missing?

polarbear4

If you go to the link, you get a more in-depth look at the July 4 coverage.

polarbear4

jcitybone

https://truthout.org/articles/wall-street-beware-the-public-banking-movement-is-coming-for-you/

It may not come as a surprise to hear that the majority of Americans don’t trust the banking system in this country. Only 27 percent of those surveyed in a 2016 Gallup poll said they had “a great deal” or “quite a lot” of confidence in the institution — less than half of the record high set in 1979. And the lack of trust is spread relatively evenly across the political spectrum — it’s not just liberals or those on the left: Almost everyone is fed up with the banks.

And if banking institutions don’t exactly spark joy, their lead characters — morally bankrupt investment bankers whose greed and arrogance almost singlehandedly collapsed the entire country’s economy — certainly don’t spark joy either. It’s an old story: Bankers made obscene amounts of money destroying the economy, we bailed them out, they walked away from it all without a shred of accountability and there’s nothing anyone can do about it. But that’s not where the story has to end. Spurred by the need for an alternative to the for-profit, extractive model of finance exemplified by Wall Street, there is a budding movement in the United States that is working to reimagine banking as an institution that truly serves the public.

polarbear4

WindDancer13

Iirc, it was California that had a public banking vote in 2018. Jimmy Dore had a piece on it. It did not pass thanks to a huge lobbying effort against it.

humphrey

polarbear4

And I don’t see anything about sustainable construction, although I haven’t read the bill.

Or the plan.

humphrey

polarbear4

And they generally don’t go to publicly funded schools.

WindDancer13

It should be a requirement, though, that they do (at least for two years). They might learn something.

humphrey

magsview

In one of Joe’s earliest speeches that I heard a bit of during this primary season, think it was the SC convention, heard Joe seemed to emphasize that we really needed to “elect a Democrat!” and, perhaps I’m too sensitive, but it sounded like he was talking about the primary, rather than the general.

In other words, anyone-but-Bernie. Or, as Biden puts it, a “Mainstream” Democrat, as though those are the ‘real’ Democrats. I’m very sour on Biden and don’t think he’ll win the primary.

humphrey

Which one is it Joe?

WindDancer13

So now winning a seat in the House somehow does not count as winning?

humphrey

WaPo ‘Fact Check’ Of Bernie Is Incomprehensibly Dumb

WindDancer13

The problem? How many people read WaPo vs watch Kyle + read Twitter responses to WaPo article?

polarbear4

polarbear4

polarbear4

polarbear4

polarbear4

polarbear4

polarbear4

polarbear4

WindDancer13

Ah, well, it would have been nice to have him on stage. He appears to be a Bernie and Tulsi supporter, so just guessing, he will throw his support to Bernie given the following statement.

Gravel campaign seeks to donate leftover cash as campaign nears ‘conclusion’

The Alaska Democrat announced his presidential bid in April, saying he only sought to appear on the debate stage and would then drop out and endorse the most progressive candidate.

humphrey

polarbear4

Might be Tulsi. They share a lot of supporters.

WindDancer13

His statement said “the most progressive candidate,” so I do not see it as being Tulsi. Besides, Bernie is the original anti-regime change candidate, and Gravel is just aware as anyone else that Tulsi’s candidacy is not going survive.

humphrey

A change of pace.😜

polarbear4

😂💕😂

magsview

That’s great! LOL

humphrey

LOL! A couple of unbiased panelists.

polarbear4

humphrey

polarbear4

magsview

Yah, that’ll really pull in more people to the voting booths, not for Dems though!

Skip to toolbar