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Unrig the Economy & Unite America w/ Ganesh Sitaraman + Morgan Harper (OH-03)


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 2 months ago '17        #1
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ddy807 
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Unrig the Economy & Unite America w/ Ganesh Sitaraman + Morgan Harper (OH-03)
 

 
since we have three billionaires vying for the presidency, i felt this had to be posted.

starts at 31:20


bern gang, this is informational for conversation with people who are skeptical about bern's usage of democratic socialism, or anything left of elizabeth warren.
FYI: bernie is a social democrat not a socialist, even juan guaido said so, i think that tidbit will be helpful re: venezuela

@Gramz @Solitary Genius @PineappleOG @erickonasis @Def Poet @BathWaterMelody @MemphisBleek @the_malicious @Screwston Born @Aztlan @Soaring Seagull @The Dudeness @blackhippie4 @QdobaCasanova @PotheadFocker @acefresh @Darell_ftb @SFamilyRep @Timberwolves @OldBusiness @ddy807 @yolaboy @Snipper @Sk8bamboo @Naga Sadow @Proveone @TheCompanyMan @P-Hill @Chuck_Remixed @A T @set117 @jae dub 336 @Jdog168 @bibbyboi @Shhon @RIAA @TheKastOne @PolygonMafia @br82186 @Pure Energy @one il matt 56 @POSITIVITY @postemupndunkit @jayande @qutaboi225 @jumpman2304 @gh3tto


let me know if you want off this list if I post anything about democracy with regard to moneyed influence (richard wolff and adolph reed, jr. videos and the like). i feel it's necessary , to share and persuade people.

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Last edited by ddy807; 02-18-2020 at 10:16 PM..
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 2 months ago '12        #2
Gramz  topics gone triple plat - Number 1 spot x13
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I'll watch this later tonight
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 2 months ago '16        #3
Proveone  topics gone triple plat - Number 1 spot x1
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 2 months ago '04        #4
gh3tto 
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expanding the social safety net is not socialism

we just catching up to countries that have an ounce of compassion for their people

broke rednecks are playing defense for the ultra rich fed to them by trust fund bi*ches like tucker and 45 in the name of protecting capitalism
it fits right in with the rest of fear mongering that puts hillbillies in a panic

mexicans
gun rights
muslims

tranny bathrooms
tranny birthday cakes
+6   

 2 months ago '17        #5
Timberwolves  topics gone triple plat - Number 1 spot x10
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Good looks will watch
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 1 month ago '17        #6
ddy807  OP
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 1 month ago '17        #7
ddy807  OP
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Last edited by ddy807; 03-01-2020 at 12:05 PM..
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 1 month ago '17        #8
ddy807  OP
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from 13:50 onwards he explains what socialism actually pertains to.

having workers have more of a say in the workspace instead of the seemingly endless debate about: "more government vs. less government"





@ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @


Last edited by ddy807; 03-06-2020 at 09:21 PM..
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 1 month ago '16        #9
BathWaterMelody  topics gone triple plat - Number 1 spot x2
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 Proveone said

I watched season 1 of Vikings and recognize that scene from the raids on England.

does the show get any better after season 1?

the story was awfully flat imo and the action cinematography didn't help very much.

 1 month ago '16        #10
Proveone  topics gone triple plat - Number 1 spot x1
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 BathWaterMelody said
I watched season 1 of Vikings and recognize that scene from the raids on England.

does the show get any better after season 1?

the story was awfully flat imo and the action cinematography didn't help very much.



I liked the first 2 seasons then I thought the show fell off a cliff, I won't ruin when it turns to dog sh*t. But, it sounds like you're already done with the show.
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 1 month ago '16        #11
Proveone  topics gone triple plat - Number 1 spot x1
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 ddy807 said
since we have three billionaires vying for the presidency, i felt this had to be posted.

starts at 31:20



bern gang, this is informational for conversation with people who are skeptical about bern's usage of democratic socialism, or anything left of elizabeth warren.
FYI: bernie is a social democrat not a socialist, even juan guaido said so, i think that tidbit will be helpful re: venezuela

@ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @


let me know if you want off this list if I post anything about democracy with regard to moneyed influence (richard wolff and adolph reed, jr. videos and the like). i feel it's necessary , to share and persuade people.

previous:

-

-

-

-

-
 Ex-Health Insurance Exec: Industry Is Using Decades-Old Scare Tactics to f*ght M4A
I need on this list

 1 month ago '16        #12
BathWaterMelody  topics gone triple plat - Number 1 spot x2
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 Proveone said


I liked the first 2 seasons then I thought the show fell off a cliff, I won't ruin when it turns to dog sh*t. But, it sounds like you're already done with the show.
I had a homie recommend it to me and I gave it an honest try.

casting, costume, & the location scouting were all amazing, but I'm just a stickler on dialogue and plot

way too much goat sacrificing, not enough inspiring war cry imo, and the Season 1 throughline was not very well defined.

I think Game of Thrones might've spoiled me on that front. I just feel like I'm not gonna get that kinda feeling I got from House Greyjoy & the Salt Throne, which was inspired by Viking history.

thx for letting me know tho.

 1 month ago '16        #13
Proveone  topics gone triple plat - Number 1 spot x1
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 BathWaterMelody said
I had a homie recommend it to me and I gave it an honest try.

casting, costume, & the location scouting were all amazing, but I'm just a stickler on dialogue and plot

way too much goat sacrificing, not enough inspiring war cry imo, and the Season 1 throughline was not very well defined.

I think Game of Thrones might've spoiled me on that front. I just feel like I'm not gonna get that kinda feeling I got from House Greyjoy & the Salt Throne, which was inspired by Viking history.

thx for letting me know tho.
I'd say give the second season a try, just don't go past the 3rd season
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 1 month ago '17        #14
ddy807  OP
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 4 weeks ago '17        #15
ddy807  OP
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 3 weeks ago '17        #16
ddy807  OP
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in light of recent events:



________________________________________





Published on Jan 13, 2013
(Edited Extracts) Jan 12, 2013, On Saturday's Up w/ Chris Hayes, discusses the origins and merits of a novel proposal making its a way around the Beltway: the trillion-dollar coin; the origins and merits...
________________________________________



Imagine the government could permanently eliminate unemployment. Then imagine it could simultaneously keep inflation under control. Finally, imagine it already has the power to do all this, but refuses to act out of ignorance or malice.

These are the central claims of modern monetary theory, a vision of political economy that is now having a moment, particularly within the left flank of the Democratic Party. The MMT perspective has heavily influenced both the and recent proposals for the federal government to offer full-time jobs to . Five Republican senators have responded by introducing on the grounds that it “jeopardizes the United States’ economic security.”

Those senators were responding to the common caricature of MMT that every problem can be solved by printing money. Many others who ought to know better have made the same mistake. Bill Dudley, the former president of the Federal Reserve Bank of New York, blamed MMT-like policies for hyperinflation in Weimar Germany, Zimbabwe, and Venezuela. Larry Summers, the former U.S. Treasury secretary, called MMT “ludicrous,” “fallacious at multiple levels,” and a “recipe for disaster.”

These criticisms miss the mark. MMT is actually grounded in old and uncontroversial economic ideas, and its appeal is neither ideological nor partisan. In May, Sen. Marco Rubio (R., Fla.) released a detailed paper on the state of the U.S. economy that repeatedly cited papers and books a*sociated with MMT. Despite his diatribes, Summers has made many of the same policy prescriptions as the MMT thinkers in recent years—and for largely the same reasons.

The best way to understand MMT is to think of it as the peacetime version of wartime economic management: Governments can do whatever is necessary to satisfy the “public purpose” as long as they maintain their authority over the populace. The U.S. government was able to run budget deficits worth more than 20% of gross domestic product during World War II without risking either inflation or its own creditworthiness—but it needed to use rationing, wage and price controls, and financial repression to do so.

As Bill Mitchell, a professor at Australia’s University of Newcastle and a co-author of a new MMT textbook on macroeconomics, puts it, sovereign governments face no “so-called financial constraints,” only “political constraints.”

China illustrates the potential of this approach—for good and for ill. Mitchell has written that the country “provides an economic example” in its management of the business cycle, but the measures it has employed to achieve those short-term objectives have burdened it with severe long-term problems.

What Moves the Federal Budget?
Net saving by sector as a share of gross domestic product.


Sources: Bureau of Economic Analysis; Barron’s calculations
Fortunately, investors and policy makers can benefit from the core economic insights underpinning MMT even if they do not want to adopt the Chinese economic model.

The first of these insights is that “money is a creature of law,” as the German legal historian Georg Friedrich Knapp put it in his 1905 book The State Theory of Money. Governments invented money to buy goods and services from the private sector without offering anything of equivalent value in return. People accept this because they are forced to use government-approved money to pay their taxes. Government spending therefore creates money, while taxation destroys it. Sovereign governments cannot run out of money, although their spending is limited by their ability to compel the private sector to provide goods and services.

The second foundational insight is that most money is created by the private sector, not the government. Banks create money whenever they lend, and destroy money when their balance sheets contract. The choices of for-profit financial firms drive the swings of the business cycle.

Central banks try to influence this process by raising and lowering banks’ short-term funding costs, which can affect the profitability of new loans, but the link between “monetary policy” and money is often weak. Fiscal policy—that is, changes in taxes and spending—is often necessary to offset changes in private behavior and keep the economy on an even keel.

The third basic insight is that investors cannot own financial a*sets unless issuers are willing to create them. Creditors cannot save unless debtors borrow. It is therefore impossible for everyone in the world to save by accumulating financial a*sets at the same time.


This means that corporate profits rise as companies invest, and fall as households, foreigners, and the government save, as the American business forecaster Jerome Levy realized back in 1914. Wynne Godley, a British economist, extended this to conclude that governments cannot cut their own debts without forcing others to save less or borrow more. Similarly, trade deficits are harmful to the extent they force households and business to increase their indebtedness


Last edited by ddy807; 03-23-2020 at 05:29 PM..
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 2 weeks ago '17        #17
ddy807  OP
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 How the American economy conspires to keep wages down
Gabriel Winant
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