Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash. He also addresses the US government bailout (which it isn’t calling a bailout), the role of the Federal Reserve and Treasury, the factor of cryptocurrency, and the danger of derivatives.
CAPITALISM & SOCIALISM
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PEPE ESCOBAR—Geopolitically, the Hegemon would even resort to 5G war to maintain its primacy, while seeking moral legitimization via the woke revolution, duly exported to its Western satrapies. The woke revolution is a culture war – in symbiosis with Big Tech and Big Business – that has smashed the real thing: class war. The atomized working classes, struggling to barely survive, have been left to wallow in anomie.
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Twitter files hearing: Matt Taibbi warns about government looking for info on reporters
1 minutes readTwitter files hearing: Matt Taibbi warns about the government looking for info on reporters. House Select Subcommittee holds a hearing on the weaponization of the federal government on the Twitter files. The Subcommittee has just begun to uncover a vast network of government and private organisations working hand in glove to manipulate the mass communications flows in the US and overseas with the aim of imposing a narrative favorable to the global oligarchy with headquarters in Washington.
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JIMMY DORE SHOW—The January 6 Committee would have us believe that the hundreds of January 6 “insurrectionists” were violent extremists bent on staging a coup and overthrowing the U.S. government. But now that Tucker Carlson has been granted access to the 40,000+ hours of footage, the Fox News host has provided an alternate viewpoint — and he shows how the committee outright lied to the American public about the nature of the protests, the extent of the violence and the participation of undercover FBI agents in encouraging protesters to enter the Capitol.
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The Life of James Burnham: From Trotskyism to Italian Fascism to the Father of Neo-Conservatism
41 minutes readCYNTHIA CHUNG—It is understandably the source of some confusion as to how a former high-level Trotskyist became the founder of the neo-conservative movement; with the Trotskyists calling him a traitor to his kind, and the neo-conservatives describing it as an almost road to Damascus conversion in ideology. However, the truth of the matter is that it is neither. That is, James Burnham never changed his beliefs and convictions at any point during his journey through Trotskyism, OSS/CIA intelligence to neo-conservatism, although he may have backstabbed many along the way.