[Majorityrights News] Trump will ‘arm Ukraine to the teeth’ if Putin won’t negotiate ceasefire Posted by Guessedworker on Tuesday, 12 November 2024 16:20.
[Majorityrights News] Alex Navalny, born 4th June, 1976; died at Yamalo-Nenets penitentiary 16th February, 2024 Posted by Guessedworker on Friday, 16 February 2024 23:43.
[Majorityrights Central] A couple of exchanges on the nature and meaning of Christianity’s origin Posted by Guessedworker on Tuesday, 25 July 2023 22:19.
[Majorityrights News] Is the Ukrainian counter-offensive for Bakhmut the counter-offensive for Ukraine? Posted by Guessedworker on Thursday, 18 May 2023 18:55.
Posted by DanielS on Monday, 31 December 2018 07:47.
Voice of Europe, “Flag of shame: Video of French protesters tearing down EU flag goes viral”, 30 Dec 2018:
During the seventh consecutive weekend of yellow vest protests in Paris, a group of protesters can be seen taking down the EU flag.
The sources of the video, which surfaced yesterday, say it took place during Act VII (the seventh protest weekend).
When the flag is taken down people cheer and a French account that posted the video calls it “the flag of shame”.
Yellow vest protests took place all over France and one of the targets of the protesters was the mainstream media as it “spread fake news” about the size of the movement.
Posted by DanielS on Tuesday, 18 December 2018 06:00.
Occidental Dissent, “Yellow Vests Protest UN Migration Pact In Belgium”, 16 Dec 2018:
I’m starting to think The New York Times was engaging in some wishful thinking about the Yellow Vests movement losing steam. The action has shifted to Belgium:
Sotiri Dimpinoudis @sotiridi Dec 16
#Update: Already 1000 people gathered to protest in #Brussels against the #UN Migration Pact of #Marrakech! More Trains and Cars are expected to arrive in the #Belgian capital!
Céderic@Cederic_V
#Brussels #Belgium approximately 5.500 protesters march against #Marrakech without violence.
Riots broke out AFTERWARDS and should not be associated with the march.
3:04 PM - Dec 16, 2018
Oom Ashii@AshiiK11
Chaos in EU’s capital #Brussels.
Massive protests have erupted in Brussels against adoption of #UNMigrationCompact. Signing of this compact means Belgium has been sold to Globalists.
Protestors have been beaten and arrested.
more of the same
DECEMBER 17, 2018 AT 9:16 AM
UN Migration Pact: The Final Solution to The White Problem. I can’t imagine why there’s been so little MSM coverage about it.
Yellow Vests are zeroing in on what really matters.
Sotiri Dimpinoudis@sotiridi
Replying to @sotiridi
#Breaking: Protestors are smashing every window of the European Commission building they can see in their path! To protest against the #UN Migration Pact of #Marrakech in #Belgium!
2:19 PM - Dec 16, 2018
#Update: Picture of the European Commission building in the European district “#Schumanplein” in #Brussels Surrounded by Tear-Gas cloud! To protest against the #UN Migration Pact of #Marrakech in #Belgium!
Sotiri Dimpinoudis
@sotiridi
Replying to @sotiridi
2:20 PM - Dec 16, 2018
Posted by DanielS on Sunday, 16 December 2018 13:39.
Democrat Alexandria Ocasio-Cortez is part of a group of Congress members pushing for a Green New Deal. (Charles Krupa / AP Photo)
TruthDig.Com, “This Radical Plan to Fund the ‘Green New Deal’ Just Might Work”, 16 Nov 2018:
With what author and activist Naomi Klein calls “galloping momentum,” the “Green New Deal” promoted by Representative-elect Alexandria Ocasio-Cortez, D-N.Y., appears to be forging a political pathway for solving all of the ills of society and the planet in one fell swoop. Her plan would give a House select committee “a mandate that connects the dots” between energy, transportation, housing, health care, living wages, a jobs guarantee and more. But even to critics on the left, it is merely political theater, because “everyone knows” a program of that scope cannot be funded without a massive redistribution of wealth and slashing of other programs (notably the military), which is not politically feasible.
That may be the case, but Ocasio-Cortez and the 22 representatives joining her in calling for a select committee also are proposing a novel way to fund the program, one that could actually work. The resolution says funding will come primarily from the federal government, “using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks, public venture funds and such other vehicles or structures that the select committee deems appropriate, in order to ensure that interest and other investment returns generated from public investments made in connection with the Plan will be returned to the treasury, reduce taxpayer burden and allow for more investment.”
A network of public banks could fund the Green New Deal in the same way President Franklin Roosevelt funded the original New Deal. At a time when the banks were bankrupt, he used the publicly owned Reconstruction Finance Corporation as a public infrastructure bank. The Federal Reserve could also fund any program Congress wanted, if mandated to do so. Congress wrote the Federal Reserve Act and can amend it. Or the Treasury itself could do it, without the need to even change any laws. The Constitution authorizes Congress to “coin money” and “regulate the value thereof,” and that power has been delegated to the Treasury. It could mint a few trillion-dollar platinum coins, put them in its bank account and start writing checks against them. What stops legislators from exercising those constitutional powers is simply that “everyone knows” Zimbabwe-style hyperinflation will result. But will it? Compelling historical precedent shows that this need not be the case.
Michael Hudson, professor of economics at the University of Missouri-Kansas City, has studied the hyperinflation question extensively. He writes that disasters such as Zimbabwe’s fiscal troubles were not due to the government printing money to stimulate the economy. Rather, “Every hyperinflation in history has been caused by foreign debt service collapsing the exchange rate. The problem almost always has resulted from wartime foreign currency strains, not domestic spending.”
As long as workers and materials are available and the money is added in a way that reaches consumers, adding money will create the demand necessary to prompt producers to create more supply. Supply and demand will rise together and prices will remain stable. The reverse is also true. If demand (money) is not increased, supply and gross domestic product (GDP) will not go up. New demand needs to precede new supply.
The Public Bank Option: The Precedent of Roosevelt’s New Deal
Infrastructure projects of the sort proposed in the Green New Deal are “self-funding,” generating resources and fees that can repay the loans. For these loans, advancing funds through a network of publicly owned banks would not require taxpayer money and could actually generate a profit for the government. That was how the original New Deal rebuilt the country in the 1930s at a time when the economy was desperately short of money.
The publicly owned Reconstruction Finance Corporation (RFC) was a remarkable publicly owned credit machine that allowed the government to finance the New Deal and World War II without turning to Congress or the taxpayers for appropriations. First instituted in 1932 by President Herbert Hoover, the RFC was not called an infrastructure bank and was not even a bank, but it served the same basic functions. It was continually enlarged and modified by Roosevelt to meet the crisis of the times, until it became America’s largest corporation and the world’s largest financial organization. Its semi-independent status let it work quickly, allowing New Deal agencies to be financed as the need arose.
The Reconstruction Finance Corporation Act of 1932 provided the financial organization with capital stock of $500 million and the authority to extend credit up to $1.5 billion (subsequently increased several times). The initial capital came from a stock sale to the U.S. Treasury. With those resources, from 1932 to 1957 the RFC loaned or invested more than $40 billion. A small part of this came from its initial capitalization. The rest was borrowed, chiefly from the government itself. Bonds were sold to the Treasury, some of which were then sold to the public, although most were held by the Treasury. All in all, the RFC ended up borrowing a total of $51.3 billion from the Treasury and $3.1 billion from the public.
In this arrangement, the Treasury was therefore the lender, not the borrower. As the self-funding loans were repaid, so were the bonds that were sold to the Treasury, leaving the RFC with a net profit. The financial organization was the lender for thousands of infrastructure and small-business projects that revitalized the economy, and these loans produced a total net income of $690,017,232 on the RFC’s “normal” lending functions (omitting such things as extraordinary grants for wartime). The RFC financed roads, bridges, dams, post offices, universities, electrical power, mortgages, farms and much more, and it funded all this while generating income for the government.
The Central Bank Option: How Japan Is Funding Abenomics with Quantitative Easing
The Federal Reserve is another Green New Deal funding option. The Fed showed what it can do with “quantitative easing” when it created the funds to buy $2.46 trillion in federal debt and $1.77 trillion in mortgage-backed securities, all without inflating consumer prices. The Fed could use the same tool to buy bonds earmarked for a Green New Deal, and because it returns its profits to the Treasury after deducting its costs, the bonds would be nearly interest-free. If they were rolled over from year to year, the government, in effect, would be issuing new money.
This is not just theory. Japan is actually doing it, without creating even the modest 2 percent inflation the government is aiming for. “Abenomics,” the economic agenda of Japan’s Prime Minister Shinzo Abe, combines central bank quantitative easing with fiscal stimulus (large-scale increases in government spending). Since Abe came into power in 2012, Japan has seen steady economic growth, and its unemployment rate has fallen by nearly half, yet inflation remains very low, at 0.7 percent. Social Security-related expenses accounted for 55 percent of general expenditure in Japan’s 2018 federal budget, and a universal health care insurance system is maintained for all citizens. Nominal GDP is up 11 percent since the end of the first quarter of 2013, a much better record than during the prior two decades of Japanese stagnation, and the Nikkei stock market is at levels not seen since the early 1990s, driven by improved company earnings. Growth remains below targeted levels, but according to Financial Times, this is because fiscal stimulus has actually been too small. While spending with the left hand, the government has been taking the money back with the right, increasing the sales tax from 5 to 8 percent.
Abenomics has been declared a success even by the once-critical International Monetary Fund. After Abe crushed his opponents in 2017, Noah Smith wrote in Bloomberg, “Japan’s long-ruling Liberal Democratic Party has figured out a novel and interesting way to stay in power—govern pragmatically, focus on the economy and give people what they want.” Smith said everyone who wanted a job had one, small and midsize businesses were doing well; and the Bank of Japan’s unprecedented program of monetary easing had provided easy credit for corporate restructuring without generating inflation. Abe had also vowed to make both preschool and college free.
Not that all is idyllic in Japan. Forty percent of Japanese workers lack secure full-time employment and adequate pensions. But the point underscored here is that large-scale digital money-printing by the central bank to buy back the government’s debt, combined with fiscal stimulus by the government (spending on “what the people want”), has not inflated Japanese prices, the alleged concern preventing other countries from doing the same.
Abe’s novel economic program has done more than just stimulate growth. By selling its debt to its own central bank, which returns the interest to the government, the Japanese government has, in effect, been canceling its debt. Until recently, it was doing this at a whopping rate of $720 billion per year. According to fund manager Eric Lonergan in a February 2017 article:
The Bank of Japan is in the process of owning most of the outstanding government debt of Japan (it currently owns around 40%). BOJ holdings are part of the consolidated government balance sheet. So its holdings are in fact the accounting equivalent of a debt cancellation. If I buy back my own mortgage, I don’t have a mortgage.
If the Federal Reserve followed suit and bought 40 percent of the U.S. national debt, it would be holding $8 trillion in federal securities, three times its current holdings from its quantitative easing programs. Yet liquidating a full 40 percent of Japan’s government debt has not triggered price inflation.
Posted by DanielS on Monday, 26 November 2018 13:01.
Prime Minister of Slovakia, Peter Pellegrini
Voice of Europe, “Slovakia will not support UN migration pact under any circumstances, Prime Minister says”, 25 Nov 2018:
By PAUL DIJKS
“Slovakia will not support this United Nations pact under any circumstances and will not agree with it,” Pellegrini said after the meetings. The Global Compact for Safe, Orderly and Regular Migration is set to be signed in Marrakech in December.
The rejection of the migration pact could pose problems for Pellegrini’s government as Foreign Minister Miroslav Lajcak, who was President of the United Nations General Assembly when the migration pact was adopted, threatened to resign if the government rejects the agreement. Pellegrini has faith that Lajcak will stay even though they are rejecting the pact, “I will do everything I can to keep him in his seat”.
Posted by DanielS on Saturday, 10 November 2018 19:20.
Nordic episode: penchant to confront Augustinian, natural challenges, exposes naive susceptibility to invasive, viz. Manichean species?
An illustrative episode in which:
A Nordic woman expresses her nature to confront the Augustinian (Augustinian devils = natural devils, e.g., the cold), and anthropomorphized as such, indicates her natural inclination’s potential naivete and susceptibility to invasive, human species, particularly those of a more Manichean, trickster nature (Manichean = human, trickster devils, that can change the rules).
Augustinianism would be an evolutionary adaptation by those people confronted primarily with natural challenges (such as in the cold north), while Manicheanism would be an increased evolutionary adaptation by those confronted primarily by inter-tribal challenges (as in the Middle East)
Posted by DanielS on Thursday, 01 November 2018 09:47.
Ending Birth-Right Citizenship is inherently important, but at this point, is it a sedative injection for America’s already baked-in Mulatto supremacist trajectory?
Is it just tossing a bone to right wing sell outs - a bone picked clean of loyal White interests? - for the Zionist quid pro quo?
“Trump Wants to Curb Birthright Citizenship, Escalating Immigration Debate”
Legal scholars dismiss the idea, saying a president lacks standing to do it on his own
WASHINGTON—President Trump said he wants to sign an executive order that ends the automatic right to citizenship for anyone born in the U.S., ratcheting up his election-season remarks on immigration with a proposal many legal scholars said is unconstitutional.
In an interview published Tuesday morning, just ahead of next week’s midterms, Mr. Trump said he planned an executive order to end what is known as birthright citizenship, bypassing Congress and waving off the belief of many legal scholars that such a move would require a change to the Constitution.
“It was always told to me that you needed a constitutional amendment. Guess what? You don’t,” he told Axios. “It’s in the process. It’ll happen, with an executive order.”
Born in the U.S.Since 2007, the number of births to unauthorized immigrants has declined. Source: Pew Research Center
Constitutional scholars dismissed the idea, saying a president has no legal standing to end birthright citizenship with an executive order. “It’s basically saying the president is above the Constitution,” said Laura K. Donohue, a senior scholar at the Georgetown Center for the Constitution.
The White House didn’t further explain Mr. Trump’s assertion that he alone could make the move, and it didn’t provide further details about the scope of the proposed executive order or the timing.
“We will let you know when we have an announcement,” White House press secretary Sarah Sanders said.
Birthright citizenship is a pillar of U.S. immigration law and is protected by the Constitution’s 14th Amendment, which, among other goals, was designed to grant full citizenship to former slaves. But some conservatives who favor more restrictive immigration laws have opposed the policy, saying it improperly rewards the children of people in the country who lack proper documentation.
Mr. Trump’s proposal is the latest in a string of pronouncements as he seeks to invigorate GOP voters ahead of the midterms. He recently suggested a middle-income tax cut that appeared to surprise both his staff and lawmakers. Last week, he said he would seek to cut prices that Medicare pays for some prescription drugs, but that wouldn’t go into effect until late 2019 or 2020.
Earth’s ability to provide for humankind’s increasing demands has been exhausted and the world’s wildlife is paying the price.
Life on earth is being wiped out by humans living beyond the planet’s means, according to conservation organisation WWF.
Their latest global report claims wildlife is dying out faster than ever and says nature needs international “life support”.
Between 1970 and 2014, 60% of all animals with a backbone - fish, birds, amphibians, reptiles and mammals - were wiped out by human appetites and activity, the report says.
Nine out of 10 of the world’s seabirds are thought to have plastic in their stomachs, while by 2050 only one 10th of the planet’s land will be free from human impact, according to the Living Planet Report 2018.
‘Life on earth is being wiped out by humans’
Climate change and plastic pollution are growing threats
Wildlife populations in Latin America and the Caribbean have fallen 89% since 1970 and climate-warming carbon dioxide levels are estimated to be at their highest for 800,000 years.
Species are rapidly disappearing from the earth
Even the UK is seeing the effects, with the puffin population falling as rising sea temperatures reduce the numbers of the sand eels they feed on.
Tanya Steele, WWF chief executive, said: “We are the first generation to know we are destroying our planet and the last one that can do anything about it.”
Plastic particles found in humans
Scientists have shown for the first time that humans are ingesting microscopic plastic particles in their food
WWF international director general Marco Lambertini added: “The situation is really bad, and it keeps getting worse.
“The only good news is that we know exactly what is happening.”
The rate of human consumption is too much for the Earth to cope with, the report says
The world’s conservation efforts are not enough to match the scale of the problem, the report says, with climate change and plastic pollution posing particular threats.
Over-fishing, tree felling and the use of pesticides in agriculture are also signs that the rate of human consumption is accelerating so fast that the Earth cannot cope.
But animals are not just “nice to have around”, our food, health and medicines rely on natural resources which, globally, provide services worth £97 trillion a year.
Among the species threatened are hedgehogs, which are predicted to almost vanish within the next few decades.
The jaguar is one of the species under threat in Latin America
The weird and the wonderful - they’re all at risk
Puffin numbers in the UK have declined
Puffin numbers in the UK have declined
At the Northumbrian Hedgehog Rescue Trust just outside Morpeth, where a team of volunteers cares for hundreds of sickly and underweight specimens every year, they fear the species is heading for extinction.
“Everybody likes neat and tidy gardens, puts slug pellets down and uses weedkiller,” says the trust’s founder Carole Catchpole.
“It’s serious and I wish people would take that really seriously and try and do something to help.”
Sky’s Ocean Rescue campaign encourages people to reduce their single-use plastics. You can find out more about the campaign and how to get involved at www.skyoceanrescue.com