|
Now that we have a new thread, in order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a complete and thorough read before posting! NOTE: When providing a source, please provide a very brief summary on what it's about and what purpose it adds to the discussion. The supporting statement should clearly explain why the subject is relevant and needs to be discussed. Please follow this rule especially for tweets.
Your supporting statement should always come BEFORE you provide the source.If you have any questions, comments, concern, or feedback regarding the USPMT, then please use this thread: http://www.teamliquid.net/forum/website-feedback/510156-us-politics-thread |
On July 10 2018 16:10 screamingpalm wrote:Did we vote for a Republican, or against Hillary? Citation needed here. 
Well, I spent a year telling GH that all his revolutionary fantasies were great but would never even be possible in a forseeable future if Hillary was beaten simply because of how awful the Supreme Court would be. You can get all the Bernies you want now, no one will get money out of politics or make the US any less awful and corrupt in any way, any such initiative will be killed by the SC.
Well here you go. Trump is a nefarious clown elected on and by a local brand of stupidity and ignorance. Eventually this charade will end. But the consequences of the SC picks are there to stay.
|
On July 10 2018 16:49 Biff The Understudy wrote:Show nested quote +On July 10 2018 16:10 screamingpalm wrote:Did we vote for a Republican, or against Hillary? Citation needed here. Well, I spent a year telling GH that all his revolutionary fantasies were great but would never even be possible in a forseeable future if Hillary was beaten simply because of how awful the Supreme Court would be. You can get all the Bernies you want now, no one will get money out of politics or make the US any less awful and corrupt in any way, any such initiative will be killed by the SC. Well here you go. Trump is a nefarious clown elected on and by a local brand of stupidity and ignorance. Eventually this charade will end. But the consequences of the SC picks are there to stay.
Well, I get it and all, but let's not forget how life was under Obama and a Dem majority. This needed to happen, growing pains and all, but SCOTUS be damned if the people are united in the public purpose. Otherwise... there's no point. I'd rather the people are united in truth than neoliberal propaganda.
It's up to us to make the change we want to see. We must make them do it, as so many have alluded to in the past. Even Bernie Sanders and his tax and spend mythology.
|
Even Bernie Sanders and his tax and spend mythology.
He takes most of this "mythology" from how European IRL countries are run...
|
Tax and spend is actually really sensible.
The issues arise when you don't do both, just one of them or neither.
|
On July 10 2018 17:16 Slydie wrote:He takes most of this "mythology" from how European IRL countries are run...
The truth is that voters aren't ready for the actual truth. When Bernie's economic adviser explained how the system actually operates, he said he couldn't actually say that to people on the campaign trail... much like Al Gore said to Warren Mosler in the day during his campaign. The EU is far different from the US in that they have no equivalent of Uncle Sam to inject capital... monetary sovereignty. It is mainly fueled by neoliberal propaganda and quack mainstream economists such as Paul Krugman and Robert Reich...
+ Show Spoiler +
|
On July 10 2018 17:22 Velr wrote:
Tax and spend is actually really sensible.
The issues arise when you don't do both, just one of them or neither.
It's sensible, but not for the reasons neoliberal politicians and economists advertise. They spread misinformation about the real purpose and function of federal taxes. They literally cannot fund spending or programs, they are a drain- deleted upon receipt. You can actually buy shredded money in DC- physical money deleted from the system.
|
On July 10 2018 16:49 Biff The Understudy wrote:Show nested quote +On July 10 2018 16:10 screamingpalm wrote:Did we vote for a Republican, or against Hillary? Citation needed here. Well, I spent a year telling GH that all his revolutionary fantasies were great but would never even be possible in a forseeable future if Hillary was beaten simply because of how awful the Supreme Court would be. You can get all the Bernies you want now, no one will get money out of politics or make the US any less awful and corrupt in any way, any such initiative will be killed by the SC. Well here you go. Trump is a nefarious clown elected on and by a local brand of stupidity and ignorance. Eventually this charade will end. But the consequences of the SC picks are there to stay.
Haha, probably a bad idea for her campaign to intentionally try to make him the Republican nominee then if so much was on the line.
I don't think you're following my revolutionary rhetoric very closely if you think the Supreme Court being even worse than it always has been upsets it in some fundamental way.
|
On July 10 2018 11:53 Plansix wrote:
Collins is naive enough to believe the court won’t overturn a ruling like Roe.
NO SHE FUCKING ISNT.
She doesn't give a damn. She is a tried and true US GOP politician - party and power above all. There was never any doubt, she just liked pretending a little harder to not be a waste of breath. She is an experienced career politician, naive is the wrong word.
Can we please stop buying into the idea that people doing or supporting this crap are all stupid? Ignorance is a convenient look, but it hardly fits the bill. I wouldn't be surprised if most of people confirming the SCOTUS nomination would happily watch someone die of self-inflicted injury from an abortion attempt on the senate floor if it guaranteed them one more election. They aren't all unknowing depriving people of these rights, they know, they just don't care (for those like Collins at least, for many they seem to think it's actively better).
|
On July 10 2018 16:10 screamingpalm wrote:Did we vote for a Republican, or against Hillary? Citation needed here.
You should read your ballot more closely.
|
On July 10 2018 20:03 ThaddeusK wrote:Show nested quote +On July 10 2018 16:10 screamingpalm wrote:Did we vote for a Republican, or against Hillary? Citation needed here. You should read your ballot more closely.
Mama taught me not to look at the good English too close like else the British will invade your thinking head.
|
It's cute that you think Clinton was entitled to the progressive vote, yet we aren't "real Democrats" right? And you didn't need us to beat Trump anyway as I recall. I guess we're just illiterate and can't read, or Russia's fault maybe. Can't wait to pop some corn when the DNC and DCCC fundraising campaign starts up in earnest again, where they smear the progressive primary challengers. 
|
unfortunately elections have consequences
all the opposition to any Republican SCOTUS nominee is pointless so long as Republicans in power.
|
On July 10 2018 17:23 screamingpalm wrote:Show nested quote +On July 10 2018 17:16 Slydie wrote:Even Bernie Sanders and his tax and spend mythology. He takes most of this "mythology" from how European IRL countries are run... The truth is that voters aren't ready for the actual truth. When Bernie's economic adviser explained how the system actually operates, he said he couldn't actually say that to people on the campaign trail... much like Al Gore said to Warren Mosler in the day during his campaign. The EU is far different from the US in that they have no equivalent of Uncle Sam to inject capital... monetary sovereignty. It is mainly fueled by neoliberal propaganda and quack mainstream economists such as Paul Krugman and Robert Reich... + Show Spoiler +
Functionally tax and spend isn't substantially different than the borrow and spend you're advocating under MMT. Not sure why you're calling it mythology.
|
On July 10 2018 21:19 JonnyBNoHo wrote:Show nested quote +On July 10 2018 17:23 screamingpalm wrote:On July 10 2018 17:16 Slydie wrote:Even Bernie Sanders and his tax and spend mythology. He takes most of this "mythology" from how European IRL countries are run... The truth is that voters aren't ready for the actual truth. When Bernie's economic adviser explained how the system actually operates, he said he couldn't actually say that to people on the campaign trail... much like Al Gore said to Warren Mosler in the day during his campaign. The EU is far different from the US in that they have no equivalent of Uncle Sam to inject capital... monetary sovereignty. It is mainly fueled by neoliberal propaganda and quack mainstream economists such as Paul Krugman and Robert Reich... + Show Spoiler + Functionally tax and spend isn't substantially different than the borrow and spend you're advocating under MMT. Not sure why you're calling it mythology.
Borrow? All spending is done through Congressional appropriations. They alone create net new assets. There is no borrowing in this sense.
+ Show Spoiler +Perhaps you might remember the interview 60 mins had with Ben Bernanke asking if "taxpayer money" was used to bail out banks.
PELLEY Is that tax money that the Fed is spending?
BERNANKE It's not tax money. the banks have-- accounts with the Fed, much the same way that you have an account in a commercial bank. So, to lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed. so it's much more akin to printing money than it is to borrowing.
Taxes are a drain- yes even FICA gets deleted from the system. No one keeps granny's old 1919 coins to reimburse her for SS. All new money has to come from government spending. That's how it works.
|
Lifetime appointment and you get to pick your successor. Is the man trying to undermine all faith in the highest court on his way out?
Seriously, if this turns out to be true, it completely undermines the separation of powers.
|
On July 10 2018 21:22 screamingpalm wrote:Show nested quote +On July 10 2018 21:19 JonnyBNoHo wrote:On July 10 2018 17:23 screamingpalm wrote:On July 10 2018 17:16 Slydie wrote:Even Bernie Sanders and his tax and spend mythology. He takes most of this "mythology" from how European IRL countries are run... The truth is that voters aren't ready for the actual truth. When Bernie's economic adviser explained how the system actually operates, he said he couldn't actually say that to people on the campaign trail... much like Al Gore said to Warren Mosler in the day during his campaign. The EU is far different from the US in that they have no equivalent of Uncle Sam to inject capital... monetary sovereignty. It is mainly fueled by neoliberal propaganda and quack mainstream economists such as Paul Krugman and Robert Reich... + Show Spoiler + Functionally tax and spend isn't substantially different than the borrow and spend you're advocating under MMT. Not sure why you're calling it mythology. Borrow? All spending is done through Congressional appropriations. They alone create net new assets. There is no borrowing in this sense.
You're either taxing and spending (redirecting income flows) or borrowing and spending (redirecting savings flows).
Not sure what you are trying to say in the above. Congressional appropriations 'create net new assets'?
Edit: Yes taxes are a drain and spending is an addition. That's an income function though, not assets.
|
On July 10 2018 21:54 JonnyBNoHo wrote:Show nested quote +On July 10 2018 21:22 screamingpalm wrote:On July 10 2018 21:19 JonnyBNoHo wrote:On July 10 2018 17:23 screamingpalm wrote:On July 10 2018 17:16 Slydie wrote:Even Bernie Sanders and his tax and spend mythology. He takes most of this "mythology" from how European IRL countries are run... The truth is that voters aren't ready for the actual truth. When Bernie's economic adviser explained how the system actually operates, he said he couldn't actually say that to people on the campaign trail... much like Al Gore said to Warren Mosler in the day during his campaign. The EU is far different from the US in that they have no equivalent of Uncle Sam to inject capital... monetary sovereignty. It is mainly fueled by neoliberal propaganda and quack mainstream economists such as Paul Krugman and Robert Reich... + Show Spoiler + Functionally tax and spend isn't substantially different than the borrow and spend you're advocating under MMT. Not sure why you're calling it mythology. Borrow? All spending is done through Congressional appropriations. They alone create net new assets. There is no borrowing in this sense. You're either taxing and spending (redirecting income flows) or borrowing and spending (redirecting savings flows). Not sure what you are trying to say in the above. Congressional appropriations 'create net new assets'? Edit: Yes taxes are a drain and spending is an addition. That's an income function though, not assets.
Money flows in a circuit. New money can only be created by the Federal government, and they alone also drain money through taxation. Banks do not create net new assets, they can only net to zero and create loans. (This was a huge problem during the private debt expansion of the Clinton goldilocks economy and exactly why it was unsustainable). Contrary to popular belief, FICA is a drain- the money leaves the system (it is a regressive tax). SS payments are new assets created through Congressional appropriations... as is all federal spending (i.e. a law must pass, which then sends instructions to the Federal Reserve to create funds requested by the law). This is done by marking up an account at the Fed- using a computer and created out of thin air (and legislation/political will).
|
On July 10 2018 21:41 Plansix wrote:https://twitter.com/GeoffRBennett/status/1016642192616706050Lifetime appointment and you get to pick your successor. Is the man trying to undermine all faith in the highest court on his way out? Seriously, if this turns out to be true, it completely undermines the separation of powers.
The actual Twitter thread of the reporting was going around, and it ended like this:
Journalists are so eager to just get something out there they like to leave important bits out!
|
|
|
On July 10 2018 16:56 screamingpalm wrote:Show nested quote +On July 10 2018 16:49 Biff The Understudy wrote:On July 10 2018 16:10 screamingpalm wrote:Did we vote for a Republican, or against Hillary? Citation needed here. Well, I spent a year telling GH that all his revolutionary fantasies were great but would never even be possible in a forseeable future if Hillary was beaten simply because of how awful the Supreme Court would be. You can get all the Bernies you want now, no one will get money out of politics or make the US any less awful and corrupt in any way, any such initiative will be killed by the SC. Well here you go. Trump is a nefarious clown elected on and by a local brand of stupidity and ignorance. Eventually this charade will end. But the consequences of the SC picks are there to stay. Well, I get it and all, but let's not forget how life was under Obama and a Dem majority. This needed to happen, growing pains and all, but SCOTUS be damned if the people are united in the public purpose. Otherwise... there's no point. I'd rather the people are united in truth than neoliberal propaganda. It's up to us to make the change we want to see. We must make them do it, as so many have alluded to in the past. Even Bernie Sanders and his tax and spend mythology.
"This needed to happen", regulatory capture, child detention centers, social safety net dismantlement and all. It takes some combination of extreme privilege, naivety or desperation to push for accelerationism.
|
|
|
|
|
|
EPT
