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Created
Fri, 13/01/2023 - 07:00
I mentioned the possibility of the Democrats and some swing district Republicans using the discharge petition as a way to get the debt ceiling raised against the will of the GOP House majority. It’s not a very promising route unfortunately. Semafor’s Joseph Zeballos-Roig explains(subscription only): The discharge petition may be ill-suited to raise the debt ceiling, which carries a hard deadline before causing economic calamity. The process for forcing a vote is clunky and time-consuming and some experts believe House leadership could throw up additional roadblocks along the way. “It’s kind of like trying to do open heart surgery with an ax,” Josh Huder, a senior fellow at the Government Affairs Institute at Georgetown University, told Semafor.
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Fri, 13/01/2023 - 06:15

A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Rob Johnson joins Paul Jay on theAnalysis.news.

Transcript

Paul Jay

Hi, I’m Paul Jay. Welcome to theAnalysis.news. In a few seconds, I’ll be back with Rob Johnson to talk about a ticking time bomb in the global financial system.

I hate to be the bearer of more bad news, but there’s a story that appeared in the Business Press but received almost no attention in mass media. I think capitalism is in chaos and is out of solutions. If the climate crisis wasn’t enough to convince you, here’s another example.

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Fri, 13/01/2023 - 06:00
I’m not talking about Prince Harry That’s the person the media was touting as the moderate, sober choice to replace Kevin McCarthy if he didn’t get over the line on the speaker vote. He is much more popular in the caucus than McCarthy and you can see why. He’s nuts and so are they. Here’s an example of Scalise’s rhetoric from December: “Today’s final report is further proof that Democrats’ sham panel never was about impartial oversight—it was purely about politics. Instead of conducting impartial oversight of the federal government’s pandemic response, Democrats worked overtime to cover up President Biden’s failure to protect Americans. Democrats refused to investigate after we exposed the Biden White House manipulating the science to allow a radical teachers union to rewrite CDC guidance so they could make it easier to shut down schools. They refused to investigate the origins of COVID-19 and efforts by Dr. Fauci to downplay the Wuhan lab leak theory.
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Fri, 13/01/2023 - 05:09

 Michael Hudson foresaw this years ago, but the details were not yet clear at that time. Now it is unfolding. This is also the objective with the rest of the world, which is what "US hegemony" means economically.

MR Online
Zelensky complicit in corporate takeover of Ukraine
John Parker

Related

Maybe "preserve and extend" rather than "revive" now that the West is facing competition there from China and Russia? China recently warned the West about extending "great power competition" to Africa.

Internationalist 360º
Heading to Africa Once Again, the West is Trying to Revive Neo-Colonialism
Created
Fri, 13/01/2023 - 05:01
Ya think?

This system is "capitalist" in name only, in that competition is fundamental to the concept of "free market capitalism" that underlies its efficiency in production and also producing the kinds of goods that people prefer. Asymmetries, like "concentration," a euphemism for monopoly and monopsony, vitiate that and lead to asymmetries political power in addition to market power that vitiate the concept of democracy as rule of, by and for the people, as President Lincoln put it.

Is this happening? (Matt Stoller has been writing a lot on this lately.) Here is a study that suggests it may be.
Consolidation of markets at the hands of U.S. companies that are actively engaged in mergers and acquisitions raises an important question about the political ramifications of market concentration. Do mergers and acquisitions impact the lobbying clout of these acquisitive firms? A new working paper delves into this connection and finds some intriguing, if also preliminary, affirmative evidence.
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Fri, 13/01/2023 - 05:00

Double explores yet another new era of Torchwood, as Roberta Craven battles to save the decade that taste forgot In many ways Double represents Big Finish’s most ambitious idea for Torchwood yet. Oh, they’ve told the continuing adventures of the Torchwood Three team post-Miracle Day, introducing a set of new team mates. They’ve fleshed out […]

The post REVIEW: Torchwood: Double Part One appeared first on Blogtor Who.

Created
Fri, 13/01/2023 - 05:00

First Submission

Reviewer #1
I enjoyed reading your article “Man, Superman, Super Mario,” a Nietzschean study of the early Mario Brothers games. I found myself especially compelled by your argument that the raccoon suit represents the Übermensch form of the Mario character.

However, your paper is not even remotely publishable unless you add another three thousand words discussing Benderman’s brilliant argument from his book Super Marxio Brothers (2007) about how the plumber protagonists symbolize the exploitation of the proletariat.

Also, after listening to the first four episodes of a seventeen-hour WNYC podcast on the history of fonts, I insist that all authors format papers in Helvetica Neue.

Created
Fri, 13/01/2023 - 04:59
What is the Australian Strategic Policy Institute (ASPI), what are its sources of funding, and why does it so consistently advocate for positions favourable to the United States and the weapons industry? Follow the money trail. Throwing something at the T.V. could become an expensive habit. Yet how often I feel like it, especially so Continue reading »
Created
Fri, 13/01/2023 - 04:58
The Australian government must reduce indigenous incarceration and stop subsidising fossil fuels. The Australian government’s failure to uphold the rights of First Nations people and asylum seekers harms the government’s credibility to promote human rights in the region, Human Rights Watch said yesterday in its World Report 2023. Similarly, the government’s continued support for fossil Continue reading »
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Fri, 13/01/2023 - 04:57
Pell was an ideological warrior that resisted the changes of liberal society and its tolerance for diversity and individualism. Cardinal George Pell died as he lived, a fierce defender of the Catholic church and of conservative Catholicism. He had an agenda and knew how to achieve it. Striding from the back blocks of Ballarat to Continue reading »
Created
Fri, 13/01/2023 - 04:56
At the heart of Prince Harry’s latest salvo in the trans-Atlantic royal family breakdown, now clearly beyond repair, is his ultimate target – the media-Palace relationship which has torn his family apart and which in its public disintegration now threatens the monarchy itself. The unseemly family dysfunction, institutional racism or ‘unconscious bias’ in the descriptor Continue reading »
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Fri, 13/01/2023 - 04:55
We see a tendency to blame individuals for the crisis in our politics across the AUKUS nations. This is facile. Donald Trump did not create the farce of a Republican party seen in the vote for the Speaker in early January. Boris Johnson did not create the catastrophe that is the British Conservative party displayed Continue reading »
Created
Fri, 13/01/2023 - 04:52
Jeff Beck has died! A masterful musician. Very sad. We move on. I read an interesting research paper recently – “The Great Retirement Boom”: The Pandemic-Era Surge in Retirements and Implications for Future Labor Force Participation – published in the US Federal Reserve Bank’s Finance and Economics Discussion Series (released November 2022), which illustrates how the pandemic is altering the behaviour of the US labour market. The lessons from the US are relevant everywhere as governments progressively ignore the reality that a dangerous virus is still in our midst and still causing havoc (deaths, long-term disability and more). For those who are continuing to claim the pandemic is some sort of conspiracy to control us or that Covid is less dangerous than influenza or that mask wearing is redundant and all the rest of the nonsense that seems to perpetrated by some on the Left who think they are for ‘freedom’ and those on the Right who just care about profits, this sort of research should presents a serious wake up call....
Bill Mitchell – billy blog
Created
Fri, 13/01/2023 - 04:50
Research conducted by New York University’s Center for Social Media and Politics into Russian trolling behaviour on Twitter in the lead-up to the 2016 US presidential election has found “no evidence of a meaningful relationship between exposure to the Russian foreign influence campaign and changes in attitudes, polarisation, or voting behaviour.” Which is to say Continue reading »