Shared posts

15 Jun 21:08

Howard Bryant on Black Athletes & Activism

by CounterSpin
Tom Roche

both very excellent

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This week on CounterSpin: Surrounded by reporters eager to talk about the cancellation of the White House visit and new NFL policy on standing during the National Anthem, Malcolm Jenkins, safety for the Super Bowl–winning Philadelphia Eagles, chose not to speak, instead holding up signs with information on racism in the criminal justice system and community work players are doing. “Before the anthem even started, players were involved in these types of social justice issues,” Jenkins said afterward. “And so for us, it’s staying on topic, doing the work, supporting those who are doing the work and pushing forward.”

The work Jenkins is talking about is the topic of a timely new book by journalist Howard Bryant; it’s called The Heritage: Black Athletes, a Divided America and the Politics of Patriotism. Howard Bryant is a senior writer for ESPN.com and author of a number of books, including Shut Out: A Story of Race and Baseball in Boston. We’ll talk with Howard Bryant today on CounterSpin.

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And Janine Jackson takes a quick look at “Trumpwashing.”

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14 Jun 13:01

Star Wars - the race to weaponise space

Tom Roche

excellent. Note the interviewee's surname is Dolman (misspelled above)

Donald Trump has announced plans to create a new branch of the US military: a Space Force. There are huge risks in weaponising space, but Everett Dolman, Professor of Comparative Military Studies at the US Air Force’s Air Command and Staff College,  argues the risks are far greater if we don't.    Music: Isodea by Cluster
13 Jun 21:49

Odd Arne Westad, “The Cold War: A World History” (Basic Books, 2017)

by Charles Coutinho
Tom Roche

link=http://files.newbooksnetwork.com/history/143philosophybalint.mp3 below (in this feed item) 404s as of ~1500 UTC W 13 Jun 2018. Instead, use recently-updated link=http://files.newbooksnetwork.com/history/415historywestad.mp3 in the page to which this feed item points.

There have been many histories and treatments of the Cold War, few however have the breath, range and definitiveness of Harvard Professor Odd Arne Westad’s new take on the subject: The Cold War: A World History (Basic Books, 2017).…
12 Jun 14:08

Ashoka Mody, “Eurotragedy: A Drama in Nine Acts” (Oxford UP, 2018)

by Mark Klobas
Tom Roche

excellent summary history

For decades the implementation of a single European currency was seen by its advocates as a vital step in the post-World War II movement toward greater European integration. As Ashoka Mody details in Eurotragedy: A Drama in Nine Acts (Oxford…
12 Jun 05:43

The Two Sides of Atticus Finch

12 Jun 05:41

The mystery of mermaids

Mermaids are part of the culture and mythology of many countries around the world. Why do they have such universal appeal?
12 Jun 04:21

How to topple a dictator: the rebel plot that freed the Gambia – podcast

After 22 years, Yahya Jammeh seemed unassailable. His brutal and reckless rule was finally ended by a small but courageous resistance • Read the text version here
12 Jun 04:17

How #MeToo revealed the central rift within feminism today – podcast

It’s not a generational divide, but rather a split between two competing visions of feminism – social and individualist • Read the text version here
11 Jun 14:23

The Dig: Democracy in Chains with Nancy MacLean

by Jacobin magazine
Tom Roche

very excellent

For libertarians, liberty means something different. It’s about liberty for property owners. And in their quest to preserve that absolute freedom for the ownership class — whether their assets be human slaves, factories, or extractive industries — democracy must be curtailed and the power of the people must be checked and repressed.

This is the argument put forward by Dan’s guest, historian Nancy MacLean, in her book Democracy in Chains: The Deep History of the Radical Right's Stealth Plan for America. The book makes a powerful argument for the anti-democratic origins and trajectory of free market fundamentalist, Koch Brothers-aligned economists who have come to profoundly shape and warp American politics to fit their dystopian vision. The book has also been controversial.

Thank you to Verso Books. Check out Deport, Deprive, Extradite: 21st Century State Extremism by Nisha Kapoor versobooks.com/books/2551-deport-deprive-extradite.

Thank you to the Socialism 2018 conference. Register now at socialismconference.org!

Want to get access to our stellar weekly newsletter? You can do so by making a contribution to the long-run viability of this show at Patreon.com/TheDig.

 

08 Jun 13:17

Behind the News, 6/7/18

Tom Roche

Adam Gaffney (see link for articles) on how to get prescription drug prices down • Barry Eichengreen, author of The Populist Temptation, on the nationalist/xenophobic turn (Trump, Brexit, etc.), and on the future of the U.S. dollar

Behind the News, 6/7/18 - guests: Adam Gaffney, Barry Eichengreen - Doug Henwood
05 Jun 00:38

A History of Milk with historian Mark Kurlansky

04 Jun 15:17

Democrats Set to Re-Nominate Sen. Bob Menendez After Preventing Challengers, Showing How Calcified the Party Is

by Glenn Greenwald

Fresh off escaping a federal bribery conviction thanks to a hung jury, two-term Democratic Sen. Robert Menendez is almost sure to win his party’s nomination on Tuesday for re-election in New Jersey against only token opposition. That Menendez — who has been in Congress for 26 years and is seeking his third Senate term — is about to become the Democrats’ nominee without any real primary challenge says a great deal about the party and the U.S. political system.

In 2015, the Obama Justice Department’s public integrity unit, with the personal approval of Attorney General Eric Holder, prosecuted Menendez on a dozen federal corruption and bribery charges. The 12-count indictment alleged that the senator received a slew of expensive gifts — including multiple lavish vacations in Paris and in Caribbean villas via a private jet and more than $750,000 in campaign contributions — from Menendez’s friend and supporter Salomon Melgen. Melgen also wrote numerous large checks to the New Jersey state Democratic Party to aid Menendez’s various campaigns and legal defense funds.

These luxurious gifts, prosecutors said, were given in exchange for Menendez’s help with various disputes Melgen had with federal health agencies. Menendez also intervened to secure numerous government contracts for Melgen. The indictment also detailed how “Menendez helped three of Melgen’s foreign-born girlfriends obtain visas to visit the United States.”

At his criminal trial, Menendez was the beneficiary of decades’ worth of Supreme Court rulings that have diluted federal bribery statutes to the point of virtual impotence: Unless prosecutors can produce a “smoking gun” in which a lawmaker explicitly states that he’s doing favors in exchange for money or gifts, convictions are close to impossible to obtain. The jurors who refused to vote to convict Menendez cited the lack of a “smoking gun.” The Trump DOJ originally announced its intention to retry Menendez following the hung jury, but shortly thereafter changed its mind.

On April 26, the Senate Ethics Committee “severely admonished” Menendez in a Public Letter of Admonition, which detailed that the committee “found that over a six-year period [Menendez] knowingly and repeatedly accepted gifts of significant value from Dr. Melgen without obtaining required Committee approval” and “failed to publicly disclose certain gifts as required by Senate Rule and federal law.” It concluded that the senator’s “actions reflected discredit upon the Senate” and that his “failure to disclose numerous gifts while simultaneously using [his] Senate office in furtherance of Dr. Melgen’s interests created, at a minimum, the appearance of impropriety.”

How, then, is this sleazy career politician — who just barely escaped a multi-count federal bribery conviction — running for re-election in a Democratic Party primary with essentially no opposition? The answer is clear: because Democratic Party leaders, both in New Jersey and in Washington, unified in support of Menendez from the start and never stopped supporting him.

Even after the Obama DOJ indicted Menendez and detailed all of the behavior cited by the Senate Ethics Committee, the Democrats’ senior lawmaker in Washington, Senate Minority Leader Chuck Schumer, made his solidarity with Menendez clear, heralding him as “one of the best legislators in the Senate and is always fighting hard for the people of his state,” adding: “I am confident he will continue to do so in the weeks and months ahead.”

Their united front, along with the massive war chest of money Menendez has compiled from corporate interests, has made it essentially impossible for any credible primary challenge to be mounted against him.

hopkins-1528119162

Photo: Hopkins

For a very short time, it looked as if Menendez might face a credible challenger. In December, Michael Starr Hopkins (pictured, right), an African-American lawyer who worked on both the Hillary Clinton and Obama campaigns, signaled his intention to run, asking, quite reasonably, about Menendez’s sleazy behavior over years: “If what Menendez did doesn’t disqualify you from serving in the Senate, then what does?”

Touting his commitment to “fight for Medicare for all” and other progressive causes, Hopkins argued that re-nominating “a candidate whose name is synonymous with corruption only muddies the waters, making it easy for Republicans to cry hypocrisy and for voters across the country to say that ‘both parties’ are rotten.”

But a mere four months later, Hopkins announced he was dropping his bid. The reason? He could not raise anywhere near the money needed to mount a credible challenge because, as Politico put it, Menendez “has the support of virtually all of the top Democrats in the state.” In his letter announcing his withdrawal, Hopkins wrote: “In a campaign system such as we have that is stacked against the average guy seeking public office to challenge an incumbent, prodigious fundraising is practically the only way to get the traction needed to keep a campaign afloat.”

The speed and unanimity with which Democratic leaders rallied to endorse Menendez’s re-election was dizzying. As the New York Times reported in November:

When a mistrial was declared Thursday in the federal corruption trial of Senator Robert Menendez of New Jersey, it seemed that Mr. Menendez could face a tenuous political future. …

Hours later, the likelihood that Mr. Menendez, a Democrat, might face any real threat from within the party grew dim.

Every major Democratic power broker in the state quickly endorsed Mr. Menendez for re-election in 2018: Philip D. Murphy, the governor-elect; Senator Cory Booker; Stephen M. Sweeney, the senate president; Craig Coughlin, the incoming speaker of the State Assembly; George E. Norcross, an influential political leader in southern New Jersey; and the county chairs in northern Democratic strongholds such as Bergen, Hudson, Passaic, Essex and Middlesex.

Mounting a campaign without the support of powerful Democratic leaders is almost a lost cause in a state where party machines remain deeply entrenched. Leaders can direct donors and can determine other essential political advantages, such as the line where a candidate’s name is listed on a ballot.

In April, an obscure publisher of a small community newspaper, Lisa McCormick, announced that she would run, but she has basically no money and zero chance of defeating Menendez. As New Jersey’s political website put it, Menendez has “the support of all 21 county committees” of the state’s Democratic Party.

In so many ways beyond the corruption and sleaze, Menendez is the classic representation of what the Democratic Party is at the national level. He first made it to the Senate when he was appointed by former Goldman Sachs CEO and then-Democratic New Jersey Gov. Jon Corzine. Though he is a somewhat reliable Democratic vote on standard domestic debates, in the area where he has exerted the greatest influence as chair of the Foreign Affairs Committee, he has been far to the right, especially recently, despite being from one of the country’s bluest states.

In 2006, he joined with the GOP and right-wing Democrats to enact the Bush-Cheney Military Commissions Act, which stripped war on terror detainees of the right to judicial review (it was later struck down as unconstitutional). He is one of the Senate’s most extreme Iran hawks, having opposed Obama’s Iran deal (as the party’s senior foreign policy senator) and serving as one of the most vocal loyalists for a pro-regime change Iranian cult that had been on the U.S. terrorist list (once it was removed from the list, money associated with the group began flowing aggressively to Mendenez).

Most of all, the New Jersey Democrat is one of the most fanatical loyalists to the Israeli government and AIPAC. He has been the honored guest of the American Friends of Likud, along with officials from the Netanyahu government. AIPAC supported him vocally during his corruption trial, and after his hung jury, he received what the JTA described as a “hero’s welcome” in March. Menendez was also one of the co-sponsors of a bill that would have made it a crime for companies to support a boycott of Israel, which the American Civil Liberties Union denounced as a severe threat to free speech.

Indeed, the list of groups, corporations, and figures that donated to Menendez’s legal defense fund in his corruption case is dominated by AIPAC supporters and officials, as this excellent reporting from NorthJersey.com, based on IRS records, shows. It includes Sheldon Adelson, as well as a real estate firm owned and controlled by part of the Kushner family.

This is how calcified the Democratic Party is: They even unite behind an incumbent who is drowning in sleaze and corruption, who was just “severely admonished” by the Senate Ethics Committee, whose legal defense was funded by far-right figures, and who has used his senior leadership role to repeatedly join with the Bush-Cheney and right-wing GOP factions against his own party’s supposed positions. Not only do they unite behind him, but they ensure that no primary challenge can even happen — they deny their own voters the right to decide if they want Menendez — by making it impossible for any such challengers to raise money from funders who rely on the largesse of Democratic officeholders and who thus, do not want to run afoul of their decreed preferences.

In the 2018 cycle, not a single Democratic incumbent has yet been defeated by a primary challenge. As The Intercept’s political reporting team has spent the year documenting, the entire party apparatus is designed to ensure that only rich, establishment candidates can win, while doing everything possible to block and destroy the chances of outsider, insurgent candidates (see the superb reporting from my colleague Aída Chávez on Sunday about the obstacles put in front of working-class Democratic primary challenges, often by their own party’s structures).

It’s a party that lacks any vibrancy or movement. It’s stilted, stifled, and ossified. They don’t even allow primary challenges to rotted incumbents who have oozed a suffocating stench of corruption during almost three decades of incumbency in Congress, even if that incumbent has repeatedly blocked the party’s own agenda. As was also demonstrated by Hillary Clinton’s recent endorsement of the corruption-tainted Andrew Cuomo over his progressive primary challenger, Cynthia Nixon, seeking to become New York state’s first female governor: All that matters to them is closing ranks around one another, clinging as tightly as they can to their own prerogatives, preventing anyone from disrupting their ability to greedily feed at the corporate-fueled trough which keeps them fat and satiated.

Those who think that this critical focus on Democrats will empower Trump and the Republicans, or that it serves the GOP’s interests, have it exactly backward. As Vox’s Matt Yglesias so deftly documented after Trump’s victory, “The Obama years have created a Democratic Party that’s essentially a smoking pile of rubble.”

A refusal to attempt to improve the party, to inject a new form of politics and new voices, to change what has caused its collapse as a national political force, will ensure more victories by more Trumps and more Republicans for years to come. And it’s hard to imagine anything that better exemplifies that sickness, that danger, than rank-closing around someone like Bob Menendez.

The post Democrats Set to Re-Nominate Sen. Bob Menendez After Preventing Challengers, Showing How Calcified the Party Is appeared first on The Intercept.

04 Jun 03:08

America’s changing dream

Tom Roche

very excellent intellectual history

Professor Sarah Churchwell and fellow historian Adam IP Smith explore some of the ideas in her new book Behold, America, which traces the history of America First and the American Dream

04 Jun 03:08

Black Agenda Radio - 05.14.18

by progressiveradionetwork
Tom Roche

good interviews with Jeff Cohen and Tristia Bauman

Welcome to the radio magazine that brings you news, commentary and analysis from a Black Left perspective. I’m Glen Ford, along with my co-host Nellie Bailey. Coming up: There has not been one pause in U.S. wars since the invasion of Iraq, and the corporate media has been beating the drums for every one of them, with play-by- play from lying generals and the CIA; a new study shows that three out of four people renters that get evicted would not have been put out of their homes if they’d had a good lawyer; and, Mumia Abu Jamal says farewell to a central figure of Black Liberation theology.

No sooner had President Trump withdrawn from the agreement international agreement with Iran, than Israel launched massive attacks against Iranian and Syrian military targets in Syria. We spoke with Ajamu Baraka, the veteran human rights activist and lead organizer for the Black Alliance for Peace.

Fifteen years after the U.S. invasion of Iraq, almost everyone responsible for the attack now admits that Iraq had no weapons of mass destruction. Yet, the same voices that spread lies about Iraq are constantly on television and in newspaper op-ed pages, beating the drums for a wider war against Syria and Iran, and demonizing Russia. Jeff Cohen is one of the nation’s foremost critics of corporate media. Cohen is director of the Park Center for Independent Media at Ithica College, in New York. He was a founder of the watch dog group FAIR, Fairness & Accuracy In Reporting. He says military and CIA liars and spies get top bllling in the corporate media.

A new study shows that one of the most effective ways to combat homelessness and neighborhood instability is to strengthen renters’ rights. The report, by the National Law Center on Homelessness and Poverty, is co-authored by Tristia Bauman. She says there is far too little affordable housing to go around, and tenants rights need to be protected.

The nation’s best known political prisoner, Mumia Abu Jamal, marks the passing of the man who became known as the father of Black Liberation Theology.

03 Jun 17:43

Why Silicon Valley can’t fix itself – podcast

Tech insiders have finally started admitting their mistakes – but the solutions they are offering could just help the big players get even more powerful Read the text version here
03 Jun 17:41

A new cold war

Tom Roche

excellent excerpt by talk from Gerard Toal @ Virginia Tech (event @ UCL, no download from there I could find)

Why are relations between the West and Russia crumbing?
03 Jun 17:35

Japan's Never Ending War

Tom Roche

still @#$%^&! 403s!

Rana Mitter visits Tokyo to explore how Japan remembers World War Two today through film.

03 Jun 14:21

WaPo Editors: We Have to Help Destroy Yemen to Save It

by Adam Johnson
Tom Roche

excellent

WaPo: Can Congress push the Saudi prince toward an exit from Yemen?

Washington Post (3/24/18) says that the Saudi war on Yemen “has helped create the world’s most dire humanitarian crisis”–but argues for continued participation in that war.

Over the past year, the Washington Post editorial board has routinely ignored the US’s involvement in the siege of Yemen—a bombing and starvation campaign that has killed over 15,000 civilians and left roughly a million with cholera. As FAIR noted last November (11/20/17), the Washington Post ran a major editorial (11/8/17) and an explainer (11/19/17) detailing the carnage in Yemen without once mentioning the US’s role in the conflict—instead pinning it on the seemingly rogue Saudis and the dastardly Iranians.

This was in addition to an op-ed that summer by editorial page editor Jackson Diehl (6/26/17), which not only ignored the US’s support of Saudi bombing but actually spun the US as the savior of Yemenis, holding up Saudi Arabia’s biggest backer in the Senate, Lindsey Graham, as a champion of human rights.

In recent months, however, the Post has charted a new course: vaguely acknowledging Washington’s role in the bloody siege, but insisting that the US should remain involved in the bombing of Yemen for the sake of humanitarianism.

In two recent editorials, “Can Congress Push the Saudi Prince Toward an Exit From Yemen?” (3/24/18) and “The World’s Worst Humanitarian Crisis Could Get Even Worse” (5/28/18), the Washington Post board has cooked up a new, tortured position that the US should not stop supporting the Saudis––a move 30-year CIA veteran and Brookings fellow Bruce Riedel argued in 2016 would “end the war overnight”—but mildly chide the Saudis into committing slightly fewer war crimes while moving towards some vague exit strategy.

In the March editorial, the Post insisted “the United States…should use its leverage to stop this reckless venture,” and that Trump “condition further American military aid on humanitarian relief measures.” A step in the right direction, right? Quite the opposite. When one reads closer, it’s clear that while the Post wanted Trump to moderately roll back the most egregious war crimes, it still lobbied against the Lee/Sanders bill that would have actually ended the war.

WaPo: The world’s worst humanitarian crisis could get even worse

Obama and Trump “have offered limited support” to the Saudi-led war on Yemen, says the Washington Post (5/28/18)–and by “limited,” they mean “$110 billion worth.”

Monday’s editorial took this faux-humanitarian half-measure one step further with this bit of revisionist history:

Both the Obama and Trump administrations have offered limited support to the Saudi coalition, while trying to restrain reckless bombing and the exacerbation of the humanitarian crisis.

The idea that Obama and Trump offered the Saudis “limited” support is a glaring lie. The US’s support—from logistical support, to refueling, to selling $110 billion in arms, to political cover at the UN, to literally choosing targets on a map—has been crucial to carrying out the three-and-a-half-year campaign. Again, according to one of the most white-bread, establishment commentators, US support isn’t ancillary, it’s essential. Without it, there is no bombing campaign.

The problem is the Washington Post is charged with a contradictory task: to act as a Very Concerned champion of human rights while propping up the core tenets of America’s imperial foreign policy. It’s an extremely difficult sleight-of-hand when the US is backing a bombing campaign targeting some of the poorest people on Earth, so their support of this slaughter is actually spun as an attempt to rein it in. The US is going to bring down the system from the inside!

The most logical way the US can stop the slaughter of Yemen is to stop engaging it in it. But to the Washington Post, this runs against the US policy of bombing and/or sanctioning anything that has the most remote connection to Iran, so this simple course is just not on the table. Instead, the Post’s propaganda objective—after years of simply ignoring the US role altogether—is to paint its participation in war crimes as a way of preventing slightly worse war crimes; a good cop to Saudi’s bad cop. This permits business as usual while maintaining the pretense the US cares about human rights—in other words, the Post’s basic ideological purpose.


Messages can be sent to the Washington Post at letters@washpost.com, or via Twitter @washingtonpost. Please remember that respectful communication is the most effective.

03 Jun 14:18

Onboard astonishing and posh warship FREMM Alpino. Vice Admiral Richard Hunt, USN (ret.).

by The John Batchelor Show
Tom Roche

just an advertisement for Fincantieri (for which Hunt works)--rather shameful

AUTHOR.

(Photo:English: French FREMM (French Frégate européenne multi-mission) D650

Date 2 January 2012

Source http://www.defense.gouv.fr/marine/mediatheque/phototheque/forces-de-surface/diaporama-de-la-fremm-aquitaine

Author Marine Nationale )

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Onboard astonishing and posh warship FREMM Alpino.  Vice Admiral Richard Hunt, USN (ret.). 

https://www.defensenews.com/naval/2018/05/30/we-spent-3-days-on-a-top-ffgx-contender-heres-what-you-need-to-know/

03 Jun 14:09

William A. Edmundson, “John Rawls: Reticent Socialist” (Cambridge UP, 2017)

by Robert Talisse
Tom Roche

excellent

John Rawls is easily the most celebrated and influential political philosopher of the 20th Century, and his impact remains remarkably strong today.  The central concepts with which his theory of justice begins are now components of the philosophical vernacular: The…
03 Jun 14:09

Matthew Restall, “When Montezuma Met Cortés: The True Story of the Meeting that Changed History” (Ecco, 2018)

by Ryan Tripp
Tom Roche

excellent

On November 8, 1519, the Spanish conquistador Hernando Cortés first met Montezuma, the Aztec emperor, at the entrance to the capital city of Tenochtitlan. This introduction—the prelude to the Spanish seizure of Mexico City and to European colonization of the…
02 Jun 13:00

A History of Slavery and Fascism and current fascist trends with historian Gerald Horne

02 Jun 12:56

The Dig: Left Out of Spain’s National Question

by Jacobin magazine
Tom Roche

long and detailed but quite interesting

Spanish politics are complicated. Dan speaks to Carlos Delclós, Kate Shea Baird, and Bécquer Seguín to help clarify the Catalan independence movement, the radical municipalist governments that now govern major Spanish cities including Barcelona, and the promise and problems of the left-wing party Podemos.

Thanks to Verso Books. Check out Duty Free Art: Art in the Age of Planetary Civil War by Hito Steyerl versobooks.com/books/2553-duty-free-art. And Deport, Deprive, Extradite: 21st Century State Extremism by Nisha Kapoor versobooks.com/books/2551-deport-deprive-extradite. And please support this podcast at Patreon.com/TheDig and access our new weekly newsletter!

01 Jun 01:12

Behind the News, 5/31/18

Tom Roche

Kali Akuno of Cooperation Jackson on why black Americans should resist gun control • Sabri Oncu on Turkey—the currency panic, the political and economic troubles

Behind the News, 5/31/18 - guests: Kali Akuno, Sabri Oncu - Doug Henwood
31 May 20:40

The spectacular power of Big Lens – podcast

How one giant company will dominate the way the whole world sees • Read the text version here
31 May 12:58

Henry Wallace for President: "The Brazen Age: 1 of 4: New York City and the American Empire: Politics, Art, and Bohemia" by David Reid

by The John Batchelor Show
Tom Roche

rerun

AUTHOR.

(Photo:Vice President Henry Wallace )

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Henry Wallace for President: "The Brazen Age: 1 of 4: New York City and the American Empire: Politics, Art, and Bohemia" by David Reid

https://www.amazon.com/Brazen-Age-American-Politics-Bohemia/dp/0394572378/ref=sr11?s=instant-video&ie=UTF8&qid=1527745175&sr=8-1&keywords=the+brazen+age

30 May 21:14

Democracy Now! 2018-05-30 Wednesday

Democracy Now! 2018-05-30 Wednesday

  • Headlines for May 30, 2018
  • Deadlier Than Katrina & 9/11: Hurricane Maria Killed 4,645 in Puerto Rico, 70 Times Official Toll
  • Glenn Greenwald: Why Did ABC Ignore Roseanne Barr's Hateful Tweets Against Arabs & Palestinians?
  • 39 Arrested Protesting Industrial Farm Supplying So-Called "Cage-Free" Eggs to Amazon & Whole Foods
  • Bred to Suffer: Glenn Greenwald on the "Morally Unconscionable" U.S. Industry of Dog Experimentation
  • Glenn Greenwald on Julian Assange, Ecuador & Threats to Press Freedom
  • Greenwald: FBI Informant in Trump Campaign Once Ran CIA Spy Operation Helping Reagan Win in 1980

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30 May 01:17

Unemployment and the Trade Deficit: It Really Isn't That Complicated

by dean.baker1@verizon.net (Dean Baker)
Tom Roche

later in the piece: "[Samuelson's is] not a serious argument. A trade deficit reduces demand in the economy. It means that some of our spending is creating demand in Europe or Mexico, rather than in the United States. Other things equal, that means less demand in the United States and higher unemployment.

We can offset this lost demand with additional demand in the United States. We can have large budget deficits, as we do now. And we can have bubbles as we did in the late 1990s with the stock bubble and in the last decade with the housing bubble. That is why we can have a large trade deficit and low unemployment. It really is not hard."

For some reason, there seems to be a big market in efforts to confuse the public about the relationship between unemployment and the trade deficit. Robert Samuelson gives us yet another example in his column today.

"By now, it must be obvious that US trade deficits are connected loosely, if at all, with the unemployment rate, which is now 3.9 percent — the lowest since 2000. Meanwhile, the US trade deficit in 2017 was $566 billion.

"The explanation for the apparent paradox is the dollar’s role as the major international currency, used to conduct trade and investment among many (non-US) countries. The extra demand for dollars raises its exchange rate, making U.S. exports costlier and imports cheaper. The result is a structural U.S. trade deficit."

This one makes pretty much zero sense. First of all, pointing to the low unemployment rate coinciding with a large trade deficit as evidence there is no link between unemployment and a trade deficit makes as much sense as pointing to a very underweight person suffering from the late stage cancer as an argument against any link between being seriously overweight and bad health.

This isn not a serious argument. A trade deficit reduces demand in the economy. It means that some of our spending is creating demand in Europe or Mexico, rather than in the United States. Other things equal, that means less demand in the United States and higher unemployment.

We can offset this lost demand with additional demand in the United States. We can have large budget deficits, as we do now. And we can have bubbles as we did in the late 1990s with the stock bubble and in the last decade with the housing bubble. That is why we can have a large trade deficit and low unemployment. It really is not hard.

Read More ...

29 May 19:34

Fear of a Populist Thomas Jefferson and the Creation of the Federal Judiciary System

Tom Roche

https://kpfa.org/episode/letters-and-politics-may-29-2018/

Fearful of an incoming President Thomas Jefferson, outgoing President John Adams in his last month in office helped create the U.S. federal judicial system, in part, as a check against Jefferson’s power. Arguably the battle between the Federalists and Democratic-Republicans in the early days of the nation makes today’s political battle appear tame. We dive into this story as well as the story of Jefferson’s nemesis and second cousin, John Marshall, who would go on to shape the Supreme Court. Our guest is Joel Richard Paul, professor of law at the University of California Hastings Law School in San Francisco and author of the book Without Precedent: Chief Justice John Marshall and His Times.

29 May 14:01

Democracy Now! 2018-05-23 Wednesday

Tom Roche

excellent Keith Ellison interview, but missing the key question: what's wrong with the Party?

Democracy Now! 2018-05-23 Wednesday

  • Headlines for May 23, 2018
  • DNC Deputy Chair Keith Ellison: The Democratic Party Should Stay Out of Primaries, Let Voters Decide
  • "We Are Lurching Toward Plutocracy": Rep. Ellison on Rollback of Key Dodd-Frank Banking Regulations
  • Supreme Court Deals Blow to Workers' Rights in 5-4 Decision Against Collective Action
  • The New COINTELPRO? Meet the Activist the FBI Labeled a “Black Identity Extremist” & Jailed 5 Months

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