We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have ever been. As economist Michael Hudson writes in his provocative 2018 book, “…and forgive them their debts,” debts that can’t be paid won’t be paid. The question, he says, is how they won’t be paid.
Lois Lindstrom on Jun 29, 2019
War Is A Lie is a thorough refutation of every major argument used to justify wars, drawing on evidence from numerous past wars, with a focus on those that have been most widely defended as just and good.
This article is excerpted from my new book Banking on the People: Democratizing Money in the Digital Age, available in paperback June 1.
The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion in April 2019. The debt is never paid off. The government just keeps paying the interest on it, and interest rates are rising.
Roman Montero on May 11, 2019
Interview with Roman Montero about Jesus’s Manifesto on KBOO The Beloved Community 5/10/2019.
Go right now and get yourself and the nearest house with a flag in front of it a copy of Roberto Sirvent’s and Danny Haiphong’s American Exceptionalism and American Innocence: A People’s History of Fake News — From the Revolutionary War to the War on Terror.
with Chris Hedges
RT America on Feb 23, 2019
The glaciers in Alaska alone are losing an estimated 75 billion tons of ice every year. The oceans, which absorb over 90 percent of the excess heat trapped by greenhouses gases in the atmosphere, are warming and acidifying, melting the polar ice caps and resulting in rising sea levels and oxygen-starved ocean dead zones.
Many content creators on YouTube produce collaborative content. Finally, I’m producing my first collaborative piece. For the past 2 weeks I’ve worked with the YouTuber Radical Reviewer (RR) who reviews leftist literature. I find his YouTube channel very important. If you can’t read an entire book, the least we can do is watch a video on the topic. Although reading a book is the best option for learning, watching videos helps save time and money. Also, if the video review is done well it could prompt someone to actually read the book!
The Occupy Movement ignited popular awareness of “horizontal” concepts, yet many years have passed and few movements – and even fewer organizations – have really figured out how to embody those ideas. Samantha Slade’s new book, Going Horizontal, offers practical tools and tangible practices for all of us seeking to walk our talk … and go horizontal.
The talking heads I saw on cable news last week seemed baffled and disgusted by Donald Trump’s response to a black female reporter’s comment during his angry press conference following the midterm elections.
C.J. Hinke has produced probably the best collection I’ve read of writings by and about conscientious objectors and war refusers behind bars. It’s called Free Radicals: War Resisters in Prison.
“In this series, Daniel Ellsberg and Paul Jay explore Ellsberg’s latest book, The Doomsday Machine: Confessions of a Nuclear War Planner. In the introduction to the book, Ellsberg writes:
“No policies in human history have more deserved to be recognized as immoral or insane. The story of how this calamitous predicament came about and how and why it has persisted over a half a century is a chronicle of human madness. Whether Americans, Russians, and other humans can rise to the challenge of reversing these policies and eliminating the danger of near-term extinction caused by their own inventions and proclivities remains to be seen. I choose to join with others in acting as if that is still possible.””
World leaders gathered in Paris on Sunday under the Arc de Triomphe to mark the centennial anniversary ending World War I. In an absurd way, the Napoleon-era arc was a fitting venue – because the ceremony and the rhetoric from President Emmanuel Macron was a “triumph” of lies and platitudes.