As we head to a moment when "mint the coin" is actually the serious option, it's worth remembering how advocates were portrayed as children by very stupid people.
Another problem with the trillion-dollar coin is that the US mint probably doesn't have the capacity to create one out of real bullion, which will likely be required for something with such a historical importance. The US mint no longer produces platinum coins, except in collector's editions that retail for $1,892 at the moment. A real platinum coin – the American Eagle – that was produced as recently as 2009 contains 31.12 grams of platinum and has a face value of $100. There is not enough platinum in the US in a year's supply to create that. The US produces all of 3,700 kilograms of platinum a year.Wow imagine if the Treasury just stamped 1000 on pieces of fancy paper!
The mint could, on the direction of Treasury, just make a platinum-finished coin that bears the face value of $1tn, but that would just create a nonsensical level of inflation in the value of the US dollar.
America, beacon of anti-democracy It only took two years. A copycat coup was virtually inevitable (Associated Press): Supporters of former Brazilian President Jair Bolsonaro who refuse to accept his election defeat stormed Congress, the Supreme Court and presidential palace Sunday, a week after the inauguration of his leftist rival, President Luiz Inácio Lula da Silva. Thousands of demonstrators bypassed security barricades, climbed on roofs, smashed windows and invaded all three buildings, which were believed to be largely vacant on the weekend. Some of the demonstrators called for a military intervention to either restore the far-right Bolsonaro to power or oust Lula from the presidency. Regional leaders reacted angrily, one calling the insurrection a “cowardly and vile attack on democracy.” Where did Brazilian extremists get such ideas? The events in the Southern Hemisphere left a feeling in the pit of my stomach hauntingly familiar from two years ago on Jan. 6. Strongmen fanboys are a plague. What’s more unsettling is that the plague is spreading. And it’s not as if no one saw this coming in Brazil.
Jemma Redgrave's Kate Lethbridge-Stewart & UNIT will return in the next Doctor Who series, with Aneurin Barnard joining in a mysterious role.
Labour invites members to ‘Convention on beating independents and smaller parties’ Despite current polling and the associated bluff and bluster of the Labour right, the party regime appears to be worried that the rise of candidates from ‘independent and smaller parties’ threatens its electoral chances – enough to be organising special ‘convention’ events to try […]
I think that the right to strike is unquestionably a democratic right as argued in the Guardian here – surely anything else is just indentured labour? Apparently the way to tame the unions is to destroy their immunity from being sued for any harm striking might cause – or as the same article puts it:... Read more
Iain Overton points out that many of those condemning the Duke of Sussex have made more capital out of their former military careers than he has ever done
It’s 2023 but one thing hasn’t changed: You can help keep this work possible by subscribing to my weekly newsletter, Sparky’s List! You can get it in your inbox or read it on Patreon, the content is the same.
You there! Help me, please! I just wanted to learn about strength training on the internet, and now I’m pretty sure I’m in some kind of neo-fascist radicalization pipeline.
It started with an innocent New Year’s resolution to start doing some resistance training. After all, experts recommend it for everyone—it’s great for strength, longevity, mental health, sports performance, and self-esteem. But now, everywhere I look online is about two steps away from an Oath Keepers rally.
First, I just wanted to get a beginner strength routine. I found a podcast episode called “Why Everyone Should Lift Weights,” but about fifteen minutes in, it pivoted from whether you need a trainer to how strength training breeds self-reliance. I finally turned it off when they used the phrase “a bit overzealous” to describe Timothy McVeigh.
I still don’t know if barbells are better than machines.
In today's BCTV Daily Dispatch, we have 1923, Night Court, Doctor Who, That '90s Show, Toonami, Nicolas Cage/Star Trek, Good Omens 2 & more!
This is an experiment. The content is real enough. The sound may not be good enough - I forgot the 'furry' hood for the microphone
Read the full article...
Read the full article...
During the height of the COVID-19 pandemic, the Federal Reserve placed restrictions on large banks’ dividends and share repurchases. These restrictions were intended to enhance banks’ resiliency by bolstering their capital in light of the very uncertain economic environment and concerns that banks might face very large losses should bad-case scenarios come to pass. When it became clear that the outlook had improved and that the losses banks experienced were unlikely to threaten their stability, the Federal Reserve removed these restrictions. In this post, we look at what happened to large banks’ dividends and share repurchases during and after the pandemic-era restrictions, tracking these shareholder payouts relative to bank profits to understand how these payments impacted large banks’ capital during this period.
Consultant David Oliver looks at the chronic depletion of NHS investment, pay, training and staffing levels which have led to the current emergency
Some on the right are using the current NHS crisis to suggest a different health system is required – but how much of this is built on fact?
This is excellent work from Tortoise Media (for, as they say, slow news)… It is worth listening to the short introduction below – then the link to the database itself is here: A real democratic service which makes for interesting reading – even when you discover that your own MP, like mine, hasn’t really received... Read more
Sweden reneged on its Türkiye NATO vote deal. This should be solvable except the West wants to punish Türkiye and Türkiye isn't up for that.
The party's agenda of closer alignment and the bulldozing of barriers in an increasing range of areas could help Britain escape the Brexit trap, writes Shamik Das
Athens throws a decades-long good relationship with Moscow out the window and opens the door wide to US military and business interests.
Over 130,000 NHS staff vacancies. 65% of junior doctors actively looking to quit, with 4 in 10 already having plans to do so. Record numbers waiting over 12 hours to be seen in A&E. Hundreds of avoidable deaths every week. The health service as we know it has arguably already collapsed. Anti-trade union legalisation is […]
- by Aeon Video
- by Elizabeth Svoboda
- by Sarah Boon
A guide for local authority Councillors wishing to prevent data discrimination occurring within their Council. Importance of Data Protection & working to eradicate data discrimination In the UK, several laws, including the UK GDPR and 2018 Data Protection Act, address personal data protection. Personal data can include someone’s name, email address, and location. ‘Sensitive’ personal […]