Can the Federal Debt Be Repaid? by Ellen Brown

Trillion Dollar Coin

Image by DonkeyHotey via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
November 18, 2015

Here is a power point I gave last night at an American Freedom Alliance event in Los Angeles on whether the federal debt can be repaid (yes), how it can be repaid (by simply issuing the money), and why that would stimulate the economy without leading to hyperinflation.

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Killing Off Community Banks — Intended Consequence of Dodd-Frank? by Ellen Brown

North Dakota Banks large

Image by Truthout.org via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
October 21, 2015

The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks. Community banks are rapidly disappearing — except in North Dakota, where they are thriving.

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Private Banks or a Bank of the Government. A Comparison. by Rudo de Ruijter

en_why_he_gets_our_tax_money_380px

by Rudo de Ruijter
Writer, Dandelion Salad
Independent researcher
www.courtfool.info
Netherlands
October 12, 2015

Today we have a private banking system, with specific characteristics like the creation of “money” out of thin air and permanent “money” growth. First, you can find here below a short description of what a money system of the government could look like, eventually after a few intermediate steps. [1]

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The Looting Class and its Hoarded Gold by Danny Katch

Austerity kills - poster

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Dandelion Salad

by Danny Katch
socialistworker.org
October 8, 2015

Every time layoffs are announced or vital government benefits are slashed, we’re told that there is no alternative because the money isn’t there. But this is a bald-faced lie, explains Danny Katch, author of Socialism…Seriously: A Brief Guide to Human Liberation.

DOUGLAS, ARIZONA, is a town on the Mexico border with 17,000 people and now no hospital.

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Overt Money Financing: Raining Money on Main Street by Ellen Brown

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 22, 2015

Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on ZeroHedge titled “It Begins: Australia’s Largest Investment Bank Just Said ‘Helicopter Money’ Is 12-18 Months Away.”

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Chris Hedges and Leo Panitch: The American Left Needs To Get Its Shit Together, Part 2

Occupy Greek solidarity

Image via Michael Fleshman via Flickr

Dandelion Salad

with Chris Hedges and Leo Panitch

teleSUR English on Sep 14, 2015

In this episode of Days of Revolt, host Chris Hedges continues his conversation on global neoliberalism with author and professor Leo Panitch. They name its beneficiaries, the global financial elite; as well as its victims ­ particularly, the people of Greece. Together, they examine how to bring about revolutionary change in the face of imposed austerity and political suppression. teleSUR

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Chris Hedges and Leo Panitch: The Genesis of Global Imperialism and Capitalism

I love capitalism Communist graffiti art

Image via rosaluxemburg

Dandelion Salad

with Chris Hedges and Leo Panitch

teleSUR English on Sep 7, 2015

In this episode of Days of Revolt, host Chris Hedges sits down with author and professor Leo Panitch to examine the genesis of global imperialism and capitalism. The two discuss how both are upheld by economic and cultural forces, and debate the roles of ignorance, myth, and mal­intent in the perpetuation of systems of inequality. teleSUR

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Labor Day: The Unknown Holiday by Walter Brasch (repost)

LC-DIG-nclc-01581

Image by Children’s Bureau Centennial via Flickr

by Walter Brasch
Writer, Dandelion Salad
www.walterbrasch.com
Originally published September 7, 2009
September 7, 2015

It’s Labor Day, and that means millions of Americans are celebrating. Most Americans have no idea what Labor Day is, other than self-serving political speeches, hot dogs, burgers, a pool party, and the last day of a three-day holiday. Few even know that Labor Day exists to allow people to remember and honor the struggles for respect, dignity, and acceptable wages and working conditions for the rank-and-file employees.

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Michael Hudson: Corporate Buybacks Behind the Market Crash

Mission St. Grafitti

Image by zemistor via Flickr

Updated: Aug. 25, 2015

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
August 25, 2015

TheRealNews on Aug 24, 2015

Michael Hudson, the author of Killing the Host: How Financial Parasites and Debt Destroy Global Economy, says the stock market crash on Monday has very little to do with China and all to do with shortermism and buybacks of corporations inflating their own stocks.

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Welcome to the World of Extreme and Destructive Global Dependencies by Ralph Nader (#TPP)

IMG_2564.1.web

Image by Peg Hunter via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page, August 21, 2015
August 23, 2015

Do you have your savings in a mutual fund? Does your pension fund invest in stocks, just as mutual funds do? If so, you may want to know this has been a bad week for U.S. stock markets. The Dow and Nasdaq indices have plummeted big time, but not because of the U.S. economy which is showing signs of revival. It is, as the Wall Street Journal reports, mostly because of the woes in China plus the shakiness of the depressed Greek economy and weaknesses of the economies in other larger emerging nations such as Brazil and Turkey.

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WikiLeaks: The US Strategy to Create a New Global Legal and Economic System: #TPP, #TTIP, #TISA (John Pilger, Julian Assange)

#TPP - Expressway to Trade Hell

Image by Dandelion Salad via Flickr

Dandelion Salad

with John Pilger, Julian Assange

TheWikiLeaksChannel on Aug 18, 2015 Continue reading

Trumping the Federal Debt Without Playing the Default Card by Ellen Brown

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
August 19, 2015

“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.”

— Former Fed Chairman Alan Greenspan on Meet the Press, August 2011

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The Greek Coup: Liquidity as a Weapon of Coercion by Ellen Brown + Greece is Not the Major Problem – Europe is by Siv O’Neall

Alexis Tsipras on a short leash from the EU

Image by DonkeyHotey via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 30, 2015

“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.” — The Godfather (1972)

In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system. Choking off that credit line was a form of blackmail the Greek government couldn’t refuse.

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Cornel West and Richard Wolff: Marxism, Capitalism and Wage Slavery

Unions Behind Labor Day

Image by Democracy Chronicles via Flickr

Dandelion Salad

with  and

GRITtv on Jul 28, 2015

A conversation about capitalism with two brilliant minds, Cornel West and Richard D. Wolff, together in a rare joint appearance. Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, and author most recently of Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown 2010- 2014/ Dr. Cornel West has written or edited dozens of books, including classics like Race Matters, and Democracy Matters. His most recent is Black Prophetic Fire, written in conversation with Christa Buschendorf. Also in the show, activist Manju Rajendran tells us about a small business that is successfully operating under an anti-capitalist economic paradigm. And Laura raises questions about the record-setting settlement with BP over drilling disaster in the Gulf Coast.

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Richard D. Wolff: I’m Becoming a Fan of Pope Francis: “Capitalism Runs Counter to the Plan of Jesus” + What is Community Wealth Building?

Pope Francis rips capitalism and trickle-down economics

Image by Devendra Makkar via Flickr

Dandelion Salad

with Richard D. Wolff

RichardDWolff on Jul 22, 2015

Global Capitalism: Monthly Economic Update

“Winners and Losers in Today’s Shifting Capitalism” Continue reading