Example: "When you're opponent's drowning, throw him and anvil."
Cross-posted from Real Economics. I hope Correntians find this a good diversion from this sad spectacle of an election. Read more about What Progressives Can Learn from the Cubs Winning the World Series
As I was working my way through the series of posts beginning with this one, news was announced that Republican and Democratic Party leaders in Congress, along with the President had come to agreement on the terms of ending the debt ceiling standoff in the context of a new budget deal. Their agreement provides for suspension of the debt ceiling until March of 2017; so the immediate need to turn to unusual solutions to a pending debt ceiling crisis is now gone, and, along with it, crisis-driven discussions about the platinum coin option.
Nevertheless, even though the immediate reason motivating renewed discussions of the platinum coin option is now gone, I still have some unfinished business dealing with the issues surrounding it. Late last week I replied to a paper from Philip Wallach of The Brookings Institution with a post at Naked Capitalism, as well as a number of other sites in the blogosphere. Now, Wallach has replied to my post, which mostly presents new arguments not in his original paper. Read more about Some Platinum Coin Objections from the Mainstream: Part I
1) Kevin Carson
In short, the United States simply does not give a rip about Saddam, Assad, or anyone else using chemical weapons or committing war crimes of any kind. The US routinely supports regimes that engage in war crimes — and then publicly condemns them for war crimes only when they stop taking orders from Washington or otherwise become a liability. War crimes by official enemies are just a propaganda point for selling wars to the public.
Pans it down to its nuts and bolts, in fact. At least the modern ones. A broad criticism of political primaries, and a celebration of caucuses, follows:
More generally, it’s fair to say that very few of the significant political leaders of American history between Jackson’s time and the beginning of the 1960s could get elected in today’s money-driven environment. If we’re going to have a corrupt political system—and we are; no political system anywhere will ever be more honest than the people it governs—we might as well have one that produces leaders more capable than the airbrushed marionettes who infest the American political scene these days.
After opposing the Job Guarantee proposal as part of the broader MMT policy program in service of the goals of public purpose, full employment with a living wage and price stability, and for many weeks now, combining with Mike Sankowski and Carlos Mucha to found “Monetary Realism” and also saying: Read more about That's Not All!
Salon.com's news editor, Steve Kornacki, lamented yesterday that "Obama won’t face a credible primary challenge", going on about how the closest thing to a liberal challenge he has comes from Republican candidate Buddy Roemer. While it is true that many liberals aren't seeing any "viable" candidates materialize on the left, Kornacki isn't telling us why that is: the failure of supposedly liberal pundits to report on candidates who are actually running. Read more about The Obama Primary Challenge That Is
On the Open Salon version of my previous entry, some right-winger who supports Obama kept trying to lay the blame for next year's results on the left for failing to properly support the candidate who has done far more to pass the Republicans' agenda than any GOP office-holder could have.
Read more about Obamabots On the Attack
An Antemdius entry uses a quote from Franklin Delano Roosevelt, who said in his speech announcing the Second New Deal in 1936: Read more about FDR: "Government by organized money is just as dangerous as Government by organized mob."
The responses to my previous entry were exactly what I hoped they would be: lively. And I'm not done yet, not by a long shot. I'm going to expand upon a comment I made in the other thread. Read more about On the Immorality of Supporting an Amoral Dictator
We'll be discussing the election results from November 2nd, Keith Olbermann's suspension from MSNBC, ongoing Democrat capitulation to right-wing extremism, and the future of left-wing politics in America as it slides ever deeper into the realm of fascism.