@bodhisomething.bsky.social
Reposted
“Equally remarkable was how quickly Attorney General Pam Bondi acquiesced to his demand, even though four months ago the Justice Department formally declared that nothing in the Epstein files warranted further investigation.” www.nytimes.com/2025/11/14/u...
The Justice Department Will Investigate Epstein Ties. Just Not to Trump.
www.nytimes.com
November 15, 2025 at 2:27 AM
“Equally remarkable was how quickly Attorney General Pam Bondi acquiesced to his demand, even though four months ago the Justice Department formally declared that nothing in the Epstein files warranted further investigation.” www.nytimes.com/2025/11/14/u...
Reposted
What Tr*mp is trying to do in this country is beyond awful. But I go to bed every night full of love for my city and I wish I could convey to everyone scared and struggling right now how hard ordinary people are working to protect their neighbors and our democracy. America is full of good people.
November 14, 2025 at 2:53 AM
What Tr*mp is trying to do in this country is beyond awful. But I go to bed every night full of love for my city and I wish I could convey to everyone scared and struggling right now how hard ordinary people are working to protect their neighbors and our democracy. America is full of good people.
Reposted
~75%of Americans want the full Epstein files released, according to Oct Marist poll.
www.pbs.org/newshour/pol...
www.pbs.org/newshour/pol...
Most Americans want the Epstein files released, poll finds
About three-quarters of Americans support the release of all files related to the Jeffrey Epstein case, a new PBS News/NPR/Marist poll finds.
www.pbs.org
November 12, 2025 at 4:36 PM
~75%of Americans want the full Epstein files released, according to Oct Marist poll.
www.pbs.org/newshour/pol...
www.pbs.org/newshour/pol...
Reposted
reading epstein's emails and it's clear how far down the drain the republican party has gone to protect trump.
sure, they protected him when he was impeached twice. and now, hoo boy.
sure, they protected him when he was impeached twice. and now, hoo boy.
November 12, 2025 at 5:50 PM
reading epstein's emails and it's clear how far down the drain the republican party has gone to protect trump.
sure, they protected him when he was impeached twice. and now, hoo boy.
sure, they protected him when he was impeached twice. and now, hoo boy.
A “different” Donald Trump? Is it also a different Mar-a-Lago?
November 13, 2025 at 5:38 AM
A “different” Donald Trump? Is it also a different Mar-a-Lago?
Reposted
1. Debt is just a number on a spreadsheet for currency issuing governments. This means that austerity policies are political not anything to do with having a ‘black hole in the finances’. Knowing that you can point it out to others - i.e., people who vote.
November 12, 2025 at 8:30 AM
1. Debt is just a number on a spreadsheet for currency issuing governments. This means that austerity policies are political not anything to do with having a ‘black hole in the finances’. Knowing that you can point it out to others - i.e., people who vote.
Reposted
Yes, this is correct. And the reason is because our capitalist classes have decided that it is not sufficiently profitable, so they're not going to do it.
We must understand this reality. Capital *cannot* be relied upon to address the climate crisis.
We must understand this reality. Capital *cannot* be relied upon to address the climate crisis.
November 10, 2025 at 4:13 PM
Yes, this is correct. And the reason is because our capitalist classes have decided that it is not sufficiently profitable, so they're not going to do it.
We must understand this reality. Capital *cannot* be relied upon to address the climate crisis.
We must understand this reality. Capital *cannot* be relied upon to address the climate crisis.
Reposted
1. I keep reading critics use the phrase 'MMTers believes that governments can just create more money' - I have to correct this. It's not a belief. For currency issuing government like the US and UK they literally can create infinite amounts of money. It's a fact not a belief.
November 10, 2025 at 10:07 AM
1. I keep reading critics use the phrase 'MMTers believes that governments can just create more money' - I have to correct this. It's not a belief. For currency issuing government like the US and UK they literally can create infinite amounts of money. It's a fact not a belief.
Reposted
He’s golfing with the Saudis in Florida while your retirement savings evaporates by the second.
Never before have we seen an American President ruin the economy on purpose.
Never before have we seen an American President ruin the economy on purpose.
April 4, 2025 at 8:48 PM
He’s golfing with the Saudis in Florida while your retirement savings evaporates by the second.
Never before have we seen an American President ruin the economy on purpose.
Never before have we seen an American President ruin the economy on purpose.
Reposted
As soon as Trump effectively started a global trade war on “liberation day” he went golfing.
We are basically watching a modern day Nero fiddle while Rome burns .
We are basically watching a modern day Nero fiddle while Rome burns .
April 4, 2025 at 11:14 PM
As soon as Trump effectively started a global trade war on “liberation day” he went golfing.
We are basically watching a modern day Nero fiddle while Rome burns .
We are basically watching a modern day Nero fiddle while Rome burns .
Reposted
Seamless transition in one month from “we’re going to become so rich you’re not gonna know where to spend all that money”
to
“Losing money means nothing”
to
“Losing money means nothing”
April 4, 2025 at 11:38 PM
Seamless transition in one month from “we’re going to become so rich you’re not gonna know where to spend all that money”
to
“Losing money means nothing”
to
“Losing money means nothing”
Reposted
Reposted
If you think this can’t happen, remember that of the 125,000 Japanese Americans who were interned during WWII for years without charge or trial, two-thirds were U.S. citizens. Including me.
April 4, 2025 at 7:51 PM
If you think this can’t happen, remember that of the 125,000 Japanese Americans who were interned during WWII for years without charge or trial, two-thirds were U.S. citizens. Including me.
Reposted
National accounting:
March 28, 2025 at 4:47 PM
National accounting:
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The US is playing with fire, risking to find out the hard way that our real standard of living is massively dependent on net imports.
March 24, 2025 at 2:53 PM
The US is playing with fire, risking to find out the hard way that our real standard of living is massively dependent on net imports.
Reposted
Reposted
Currently, we pay for healthcare with a combo of government spending (printing dollars) and bank lending (medical debt).
Single payer just replaces bank lending with government spending.
And saves money by getting rid of two middlemen: Insurance co & banks.
So is deflationary
Single payer just replaces bank lending with government spending.
And saves money by getting rid of two middlemen: Insurance co & banks.
So is deflationary
March 16, 2025 at 1:41 PM
Currently, we pay for healthcare with a combo of government spending (printing dollars) and bank lending (medical debt).
Single payer just replaces bank lending with government spending.
And saves money by getting rid of two middlemen: Insurance co & banks.
So is deflationary
Single payer just replaces bank lending with government spending.
And saves money by getting rid of two middlemen: Insurance co & banks.
So is deflationary
Reposted
Alan Greenspan to Paul Ryan regarding Social Security “insolvency risk”:
Nothing prevents our government from creating as much money as it wants to and giving it to retirees.
The real question is whether we have enough real resources to care for our retirees:
youtu.be/DNCZHAQnfGU?...
Nothing prevents our government from creating as much money as it wants to and giving it to retirees.
The real question is whether we have enough real resources to care for our retirees:
youtu.be/DNCZHAQnfGU?...
Greenspan: "There is nothing to prevent the government from creating as much money as it wants."
YouTube video by wonkmonk
youtu.be
March 16, 2025 at 12:41 PM
Alan Greenspan to Paul Ryan regarding Social Security “insolvency risk”:
Nothing prevents our government from creating as much money as it wants to and giving it to retirees.
The real question is whether we have enough real resources to care for our retirees:
youtu.be/DNCZHAQnfGU?...
Nothing prevents our government from creating as much money as it wants to and giving it to retirees.
The real question is whether we have enough real resources to care for our retirees:
youtu.be/DNCZHAQnfGU?...
Reposted
Incredible history that has been part of MMT scholarship from the very beginning (esp with Randy Wray). Also present in the MMT documentary Finding the Money. MMT scholars learned a lot from Michael Hudson in the early years. The rich history of debt also showcased in David Graeber's master work.
‘Spreadsheets of empire’: red tape goes back 4,000 years, say scientists after Iraq finds
‘Spreadsheets of empire’: red tape goes back 4,000 years, say scientists after Iraq finds
Ancient Mesopotamian stone tablets show extraordinary detail and reach of government in cradle of world civilisations
The red tape of government bureaucracy spans more than 4,000 years, according to new finds from the cradle of the world’s civilisations,…
www.theguardian.com
March 15, 2025 at 3:25 PM
Incredible history that has been part of MMT scholarship from the very beginning (esp with Randy Wray). Also present in the MMT documentary Finding the Money. MMT scholars learned a lot from Michael Hudson in the early years. The rich history of debt also showcased in David Graeber's master work.
Reposted
Budapest today. People are demanding that PM Orban resign.
March 15, 2025 at 4:37 PM
Budapest today. People are demanding that PM Orban resign.
Reposted
'The Deficit Myth' made it to the list of best Money books of all time!
"the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society."
Wholeheartedly agree!
"the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society."
Wholeheartedly agree!
March 8, 2025 at 6:44 AM
'The Deficit Myth' made it to the list of best Money books of all time!
"the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society."
Wholeheartedly agree!
"the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society."
Wholeheartedly agree!
Reposted
As famed economist, Paul Samuelson, admitted in his old age:
The balanced budget myth is “necessary” to keep The Little People busy fighting amongst themselves over who gets a government printed dollar/pound in order to eat:
youtu.be/4_pasHodJ-8?...
The balanced budget myth is “necessary” to keep The Little People busy fighting amongst themselves over who gets a government printed dollar/pound in order to eat:
youtu.be/4_pasHodJ-8?...
Paul Samuelson: The balanced budget superstition
YouTube video by wonkmonk
youtu.be
February 18, 2025 at 4:46 PM
As famed economist, Paul Samuelson, admitted in his old age:
The balanced budget myth is “necessary” to keep The Little People busy fighting amongst themselves over who gets a government printed dollar/pound in order to eat:
youtu.be/4_pasHodJ-8?...
The balanced budget myth is “necessary” to keep The Little People busy fighting amongst themselves over who gets a government printed dollar/pound in order to eat:
youtu.be/4_pasHodJ-8?...
Reposted
Reposted
Still waiting for the day DOGE generates a slump in the US Treasury market
... so that every financial news outlet will write "Elon, a Bond villain" at the headline
... so that every financial news outlet will write "Elon, a Bond villain" at the headline
February 9, 2025 at 2:07 PM
Still waiting for the day DOGE generates a slump in the US Treasury market
... so that every financial news outlet will write "Elon, a Bond villain" at the headline
... so that every financial news outlet will write "Elon, a Bond villain" at the headline
Reposted
