Labour could axe all hereditary peers…
…from the House of Lords
Really obsessed with faces but you love to see a guy furiously posting Ls because he thinks he’s scoring points against his boogeyman
Not quite, MMT states that money is just a unit of accounting and the government can print as much money as it wants as long as it’s used to mobilize workers and resources that are currently underutilized - likewise the government doesn’t need to tax in order to amass ‘enough money’ to pay for things, only to regulate the amount of currency in circulation and ensure a demand for currency that will mean their ‘orders’ are carried out.
Under neoliberalism, money is seen as a magic substance that cannot be fully controlled or understood and so it has to be left to the invisible hand of the market. Money printing in the US is controlled by the Federal Reserve, a private entity directed by a board of governors appointed by the President for 14 year (!) terms, but with no oversight beyond that - the Fed can print money, but ONLY to lend it to private banks, who then lend it on again. (Except that, thanks to the wonderful innovation of “fractional reserve banking”, those banks don’t even need enough money to cover the total loans they give out, only a certain fraction of those loans, so the private banks get to effectively print money as well!) This money is then lent out however the bank managers decree, which as it turns out is about 80% real estate loans, 15% financing hostile corporate takeovers, and less than 5% investment in actual business loans that might develop the means of production.
The result of this privatization of money creation and its funnelling into the financial sector is exactly the cause of economic crashes like 2008, as this huge influx of money inflates the price of financial assets - most importantly real estate - far beyond the prices of real economic commodities. This is a huge problem because paying the interest payments on the enormous loans needed to buy real estate to e.g. live in or run your business from, drains money out of circulation in the real economy and into circulation in the mumbo-jumbo financial economy, weakening the real economy’s ability to pay further interest. The bankers who made these loans then sell them on to others, with the ‘price’ of the loan - theoretically determined by its value when paid back in full plus interest - also being wildly inflated due to how much money the financial markets have swilling around them!
Of course, eventually, these untenably large loans are defaulted on by the businesses and homeowners that took them out, in no small part because of the economic slowdown caused by making interest payments, and it’s revealed that huge swathes of the portfolios of certain investment banks, in which they were ‘saving’ their customers’ money, are actually worthless. At this point there are two options - write the debts down to levels that can actually be paid (or even write them off entirely) and watch the price of real estate and ‘financial instruments’ plummet OR print an enormous amount of money, give it directly to the banks who ‘lost’ their gambles, and maintain the debts at exactly the level they were before, and if the debtors default on their mortgage: tough, the bank owns your house now. The latter is what the Obama administration did - gave Wall Street trillions of dollars and oversaw the largest wave of evictions and home repossessions in US history.
Meanwhile, a government running on MMT (aside from not being in this situation in the first place) would have let the lenders get owned, written the debts down (or off) and pumped money into the real economy to mobilize the unemployed, perhaps through a federal jobs program of some sort or by hiring into nationalized industries.
That’s why you have to burn it out from the roots
So far this year China has added more solar capacity than the US in its entire history
Here’s the Marine Corps Gazette explaining what happened.
The Kiev regime is controlled by genocidal Nazis trying to ethnically cleanse the population of Donetsk and Luhansk. Those places were already ‘denazified’, the problem was the Nazis on the Kiev side of the trenches continuously shelling the civilian population for eight years (with western support).
Well I was gonna bother responding, then I noticed your account was created five days ago and has done nothing but both-sides this conflict
Have a very shitty rest of your shift officer
The argument for it being Israel:
The argument for it being Hamas:
Reddit, or rather , is controlled by the US security state, so r/combatfootage - which banned all combat footage from Palestinian viewpoints - is not a reliable source. The idea that a ‘rocket piece’ could accidentally fall on a hospital and kill 500 people (a number reported by a first-hand MSF witness) is laughably absurd. If a Hamas rocket could cause this kind of damage, Tel Aviv would look like the surface of the fucking moon. It was OBVIOUSLY another genocidal act by the entity continuously and overtly engaged in genocidal acts. To think otherwise requires you to want to fall for their propaganda. No one in full possession of their faculties looking at the facts dispassionately could possibly conclude it was anything else.
Banned for being factually incorrect in a blindingly obvious way
deleted by creator
You’re right, Donetsk and Luhansk doing what it took to protect their citizens from genocidal Galician fascists by inviting Russia into the civil war was exactly the correct course of action.
You’re so right, if Russia had just never got involved then that missile could have been used to obliterate a grocery shop in Donetsk like it was supposed to
Those fools, if they’d just set his car on fire afterwards it could have been ruled a suicide.
United States Marine Corps
Germany
Japan
South Korea
United States Navy
Bahamas
Bahrain
British Indian Ocean Territory
Cuba
Djibouti
Greece
Iceland
Italy
Japan
Poland
Romania
Singapore
South Korea
United States Air Force
Aruba
Curaçao
Estonia
Germany
Honduras
Italy
Japan
Kenya
Kuwait
Lithuania
New Zealand
Netherlands
Poland
Portugal (Azores)
Qatar
Romania
Saudi Arabia
South Korea
Sovereign Base Areas of Akrotiri and Dhekelia (Cyprus)
Spain
Turkey
United Kingdom
United Arab Emirates
United States Space Force (lol)
Greenland (Denmark)
United States Coast Guard (wtf)
Bahrain
Cuba
Germany
United Kingdom
Japan
Netherlands
Saudi Arabia
Singapore
ETA: These are just the ones officially listed on Wikipedia
Joint bases
Australia
Iraq
Niger
United States Army
Belgium
Bosnia and Herzegovina
Bulgaria
Cameroon
Germany
Israel
Italy
Iraq
Japan
Kosovo
Kuwait
Lithuania
Poland
South Korea
Like… name all of the US foreign military bases??
Also “appeasement” is a made up post-hoc explanation for the western Allies’ actions before WW2, blaming the supposed naivete or lack of spine of the leaders for simply allowing the Nazis to make expansionist moves uncontested, rather than it being an intentional policy to get out of their way and try to direct them eastwards against the Soviet Union.