Just Simple Truth. (@simplemd77) header
Just Simple Truth. (@simplemd77) profile picture

My faith is truth. Not personal beliefs. The harsh reality of it. I don’t care in anyway what political party, What ism, or from where it comes from.

Joined August 2015
Photo by Just Simple Truth. (@simplemd77)Photo by Just Simple Truth. (@simplemd77)
The 34 trillion dollars is sitting in an account, you could call it a savings account at the fed. In the form of bonds, a financial instrument used to pay the elites free money. Every time the Congress spends money into existence. @FindingMoneyDoc
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China has lifted 800 million people out of extreme poverty. China accomplished this by investing in its people through education, infrastructure, housing, and healthcare. Americans should take note and understand that while China invests in its people, the U.S. invests in imperialist wars to enrich its oligarchs. The results speak for themselves: Communist China is surging while the capitalist United States is in decline.
You can be a communist or you can be a patriot. You cannot be both.
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This is how serious the situation is: Iranian state media is broadcasting advice to its citizens on how to survive a US-Israeli NUCLEAR ATTACK ☢️ Do not look at the intense explosion light, take shelter behind a barrier, lie on the ground, and cover your head and face. ☢️ After the blast wave passes, enter the nearest building; do not stay to watch or take photos, do not take shelter inside a car. ☢️ Turn off ventilation, get yourself to a central part of the building where there are no windows and exterior walls. ☢️ Wash with lukewarm water and soap, and use regular shampoo without conditioner. If showering is not possible, clean your face, hands, and exposed skin with water or wet wipes. ☢️ Use bottled water and packaged food, and prepare to stay in the shelter for at least 24 hours; if fires break out in the building or there is a risk of its collapse, move to a safer shelter. ☢️Do not assume the environment is safe after the first 24 hours; follow official announcements and emergency broadcasts for the safe evacuation route.
Donald Trump on potentially resuming the war against Iran: ‘We might have to go after pickaxe mountain, but that’s not a big deal.’ Iranian state media is now reportedly broadcasting guidance on how to survive a potential US-Israeli nuclear attack. What Trump is delusional portraying as a small round of strikes which will allow him to claim victory is actually the start of a dangerous escalation which could see catastrophic damage to the entire world. The global economy had the oil reserves in the first round of this war to offset a full-blown economic disaster…that buffer no longer exists. Trump is risking a global depression.
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Here's the real reason Trump announced that we're "cutting aid to Israel": They plan is to effectively merge the IDF with our military through a provision in the NDAA, allowing the Israelis to help themselves on what we pay for without any of us knowing about it. We pay, they take advantage. This has the additional downside of our "ally," which loves to spy on us, to do even more of it. They think you're stupid.. Don't fall of it. We need to decouple from Israel and not play these games.
TRUMP IS TRANSITIONING ISRAEL AID TO TECH MERGER NDAA Section 1217 (aka 219) is Legalized Israeli Theft of American Military Technology Watch Ana Kasparian’s excellent coverage of DropSite News’ report about Israel’s decades-long grift
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When colonial governments collected taxes in paper notes, they burned them. Every one. That tells you what tax is really for. Watch free. #MMT #FindingTheMoney #UKGreenParty mmtaction.com/share/screenin…
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Running a country is nothing like running a business. We’ve had 47 continuous years of it (yes, including Blair, Brown, Starmer and now Burnham), and it’s not working. And it’s never going to. forbes.com/sites/johntharvey…
No wonder Labour can't get our economy moving. Only the Conservatives will create a Stronger Economy.
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Thank God for capitalism. We can invade poor countries, steal their resources, poison their rivers, pay their workers $2 a day, and ship the profits back to billionaires who call themselves wealth creators. Thank fuck I'm not living under communism.
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Crazy idea, but hear me out: Maybe we stop hooking up our refrigerators, cars, and our entire life to the Internet?
BREAKING: Europe is under a massive cyber attack, with supermarket fridges and freezers in Belgium, Sweden, Luxembourg, Ireland, the Netherlands, Finland and Estonia all hacked today by raising temperatures to up to 50°C, destroying huge quantities of food, per Reuters. "Everything is destroyed," a sales manager in Sweden said, adding that "there has been a cyberattack and all our freezers reached 50 degrees." More than 40 supermarkets in Belgium and Luxembourg were affected. "I only have two words for them: wake up, please, because there's something going on," a store manager in Belgium said. This follows a similar cyberattack last month that hit hundreds of supermarkets in France, raising freezers as high as 80°C and causing major food losses. It also comes after freezers at 6 US military bases mysteriously malfunctioned, spoiling large quantities of food, which the Pentagon is investigating as a suspected cyberattack.
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Honest we live in a democracy. Certainly it is true! OMeeGerd
The Rogers spokesperson you see starting this press conference is Abby Ronson. She is currently registered as a foreign agent for the state of Israel, according to @DropSiteNews reporting today
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In 2006, the evening news told America something the CDC never wanted you to hear: Over 20 years, seniors' flu shot rates more than quadrupled. Their flu deaths didn't fall. They kept climbing. And when reporters asked to interview the government scientist behind the study, the NIH said no. 🧵
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How government spending can pay for itself: the multiplier effect explained. This one is important because so few politicians seem to understand it, and we are all paying a heavy price for that. youtu.be/iw0JYSRveq8?si=Cp_G…
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Treasury is as Treasury does. ...the United States has no need to spend its weekends begging for quarters. It simply manages the legal forms through which its liabilities circulate mmtmichael.substack.com/p/tr…
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Under pressure from Israeli prime minister Benjamin Netanyahu, the Trump administration may be within days of launching a nuclear strike on Iran. The target would be Pickax Mountain in central Iran, where Israeli intelligence claims the Iranian government has restarted its nuclear enrichment program. No conventional weapon in the American arsenal can penetrate 300 feet of solid granite to destroy the tunnels where enrichment is supposedly taking place. The only military option is a nuclear strike. Netanyahu has been pushing hard for one. “Bibi calls Trump about it every day,” says an informed observer. Netanyahu is cornered and desperate. After last week’s election results, he can’t form a government unless Trump intervenes directly in Israeli politics and brokers a deal with other parties that gives Netanyahu 61 seats in the Knesset. Otherwise, he is out as prime minister and on his way to ignominy, investigations and possibly jail. Netanyahu must stay close to Trump. He needs this war. To that end, he’s applied maximum pressure to his closest allies in the administration, including Secretary of Defense Pete Hegseth and CENTCOM commander Brad Cooper. Both oppose a negotiated settlement to the war they’ve so grievously mismanaged; both are pushing to restart major combat operations. Secretary of State Marco Rubio and CIA director John Ratcliffe are also following Netanyahu’s lead, as are leaders of the Democratic Party. In a recent meeting on the subject, former president Barack Obama said he opposes the current Iran peace deal being drafted in Doha. The rest of America’s longtime allies in the Middle East are terrified by the prospect of more war. On September 27th, Netanyahu flew secretly to Abu Dhabi to enlist the UAE in his lobbying effort for a final attack on Iran. The Emiratis refused. After eight months of conflict, Gulf economies are teetering. So are global energy and fertilizer markets. They won’t recover soon. Globally, there are a total of about 850 supertankers used to transport oil from producers to the rest of the world. In October alone, 11 of them were badly damaged in Hormuz. At this pace, a global depression is imminent. A nuclear strike would radically accelerate the destruction. Fallout from a ground explosion at Pickax Mountain would contaminate the Persian Gulf, poisoning the water supply for 100 million people. And those are just some of the immediate consequences for the region. The rest of the world is every bit as exposed. No country other than the United States has ever used a nuclear weapon in war. Some would like to. An American nuclear attack on Iran would set a new precedent. The Russians have already told at least two other governments that an American nuclear strike on Iran would free them to use nuclear weapons against Ukraine. Pakistan and India would be tempted to do the same against each other, as would North Korea against Seoul. After the first nuclear strike, World War Three is inevitable. That war would be short and final. We’ve been sleepwalking toward this moment for months. Since February, the administration has quietly rewritten America’s nuclear doctrine to make first use of so-called “battlefield nukes” easier and therefore more likely. No one in Washington in either party seems bothered by this. Now we’re on the brink of it. Close observers say Trump is likely to decide by next weekend whether or not to use nuclear weapons. That would be November 7, six days from now. To his credit, he’s hesitating. At the moment, Trump is listening to his vice president, JD Vance, and to his envoy and friend Steve Witkoff, both of whom argue a deal with Iran can be made. They’re right, though it won’t be simple. The Iranians are famously frustrating to negotiate with under any circumstances, and elements of that government have become more radical since Ayatollah Ali Khamenei and his family were killed in February. After decades of isolation, even relatively moderate Iranian leaders seem confused by how decisions are made in the West. (There is a widespread belief in Tehran, for example, that the United States government controls Israel.) But overall, people who have spoken to decision-makers in Iran say there is consensus there that more war is bad for everyone and a deal is worth making. One group that hasn’t been consulted so far is the global population — the hundreds of millions of people who will be killed along with their children if Trump is pushed by Netanyahu into launching a nuclear strike next week. Now would be the time for them to speak up.
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I don't know how it was 3 hours. I could have watched another 3. Every scene was gripping. Second best doc I've ever seen.
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"[Galbraith's] interpretation of the Great Crash, the Depression and the New Deal thus achieves what no other effort has been able to manage: it integrates all three events into a coherent whole, and ties the financial economy to the real economy."
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Just like in the U.S. European governments do not represent the will of their people but the Oligarchy & War Machine and they are sick of it. In America the Oligarch owned media & political parties keep the people fighting each other so they don’t realize we all have a common enemy and rise up against them like the people are doing all across Europe. Your neighbor is NOT your enemy, they suffering under the same Oligarchy as you, join together to oppose the Oligarchy.
Protests are spreading across Germany.
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How about welfare for those with money?
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The UK desperately needs to escape the learned helplessness trap. Get @PatriciaNPino on your programs ASAP.
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Literally all the MMT economists have said explicitly that interest rates have an effect on money creation. (Examples include Wray (2007), Tymoigne and Wray (2013), Fullwiler (2013), Forstater and Mosler (2005) and Romanchuk at various points
I don’t think they would agree to that, or am I misreading something? Can you point out to me where they say/imply that (genuinely asking)
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And BTW £650 Billion of government bonds bought by the government themselves under QE are held as a financial assets in bank reserves whilst paying 3.75% to the commercial banks just for holding them - currently paying banks £24 Billion a year for doing absolutely nothing! 🤯
In other words, this is saying that £2.3 Trillion of the government’s so called £3 Trillion debt has ended up as long term private sector savings and converted into government bonds. That conversation from simply being “savings” into a bond is what is incorrectly referred to as “borrowing”… it’s not borrowing it’s an investment by private investors!
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