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Black Nationalism and the Peoples’ Movement – Glen Ford on Reality Asserts Itself Pt 3/5
On Reality Asserts Itself with Paul Jay: Glen Ford addresses the question whether black Americans constitute a nation, and if so, what is their role in the movement of the whole people. This is an episode of Reality Asserts Itself, produced December 25, 2013, with Paul Jay.
Heads, Finance Wins, Tails, Society Loses – Robert Johnson on Reality Asserts Itself (pt 5/8)
This is an episode of Reality Asserts Itself, produced on June 13, 2014. Mr. Johnson says TARP was an abomination; finance controls the government and uses it to cover its losses.
The Movement is in Silos – Medea Benjamin on Reality Asserts Itself (pt 4/4)
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Paul Jay on 9/11
Jay discusses his interviews with Sen. Bob Graham, who chaired the joint congressional investigation into the events of 9/11 and was the chair of the Senate Intelligence Committee. Graham outright accused Bush and Cheney of facilitating the 9/11 attacks. Jay also discusses his interviews with former NSA official Thomas Drake, who says intercepts that could have prevented 9/11 were never acted on. Paul Jay was a guest on Law and Disorder, hosted by Michael Smith. This interview was originally recorded on October 18, 2021.
The characterization of today’s (since 2009) QEs as “Keynesian” stimulus is incorrect. If JM Keynes were alive today, he would be vociferously denouncing the Fed and the Treasury as irresponsible. Keynes, in his 1936 treatise, “The General Theory of Employment, Interest, and Money”, urge federal borrowing when there is growth stagnation and high unemployment. Its object was the stimulation of aggregate demand by putting people back to work. Keynes saw this as the singular responsibility of the federal government, because private investment in times of GDP stagnation is discouraged by the wide perception of unacceptable risk. Only the federal government can provide the needed employment stimulus . This is very different from increasing the reserves of the major banks so that they and their privileged borrowing corporations can help themselves in the stock market rather than invest and increase employment. That is not Keynesian stimulus.
I can think of no person who was and is still detested as much as FDR by his own capitalist class as was JM Keynes. If Keynes had been in charge at the Bretton Woods conference in place of Harry Dexter White, an agreement could have been made that might have avoided the domination of the postwar economy by the US and the ultimate breakdown of the gold standard (1971). If Keynes had been heard after WWI, the Versailles Treaty would not have set the stage for WWII. He was a profoundly far sighted political economist and one of the key intellectuals of the 20th century, as recognized and celebrated by Bertrand Russell in his “History of Western Philosophy”.
Great post I heartily agree.
Voting is of little importance and has been since our defeat in Vietnam , when CIA and the the various deep state entities controlled by unelected elites decided that guys like Carter , Nixon , and Kennedy were unreliable and began openly fixing the results. These days the SCOTUS, and Electoral College are the primary tools , supplemented by electronic ballot rigging , voter suppression , and gerrymandering of districts . Whether Trump or Biden sit on the now mainly ceremonial POTUS throne is truly immaterial to the global elites that now rule most of the planet.
I suggest Mr Ferguson reread Mike Moore’s Stupid White Men on Bill Clinton being the best or worst republican POTUS America never voted for, before trying to alibi the duplicitous , absolutely corrupt , and perhaps senile Joe Biden as Americas white knight.