BILLY BOB—Dr. Aaron Good, joins the Blowback roundtable for a wide ranging discussion focusing on the myths of American exceptionalism. Aaron summarizes the last 75 years of US imperialism with a focus on the Kennedy family and their rocky relationship with the deep state. Aaron is an expert on the subject matter and he effortlessly articulates the most salient points while providing solid analysis about the West’s inevitable decline and prospects for a peaceful and prosperous future.
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An overview of the current situation with the Blowback roundtable crew, co-hosted by Ben Toth,
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MICHAEL HUDSON—Well, for many years I was at the center of the university that promoted modern monetary theory, the University of Missouri at Kansas City. And that was created with a contribution by Warren Mosler to bring the faculty there. So yes, I’m one of the original modern monetary theory faculty people….And the theory is that it’s not really a theory – it’s the description of how banking really works. And I guess the leaders outside of academia are Dick Cheney and Donald Trump. They said that deficits don’t matter, we can simply do what banks do. Just like when you go into a bank and you take out a loan, the bank doesn’t have to have any money in it. It will write you a loan and it will deposit money in your account. And so, the bank asset goes up by your deposit and your asset goes up by the deposit. The bank has a credit to you, the loan IOU that you signed at interest. And the debt, what it’s had to borrow the money from the Federal Reserve, or something. Banks create their own credit money…Governments can do the same thing. The government can print whatever it wants. In fact, every time there’s a war, like World War I, all the observers thought that World War I was going to end in six months because governments would run out of money. Well, they didn’t run out of money, they printed the money. Just like America printed greenbacks in the Civil War. And the people don’t have to borrow money at all.
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CANDACE OWEN—Candace speaks with political scientist and activist Norman Finkelstein whose primary fields of research are the Israeli–Palestinian conflict and the politics of the Holocaust. His parents are Holocaust survivors and in 2020, he was named the fifth most influential political scientist in the world. Ep.252
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PAUL EDWARDS—By the time of the American Empire’s Afghanistan and Iraq obscenities the self-defense con for inflicting mass murder on civilians had been seriously vitiated. Fallujah made it a sick joke. Paradoxically, though it was exposed as a punctured cliche for giving patchy cover to military murder, it continues to be used by stupid high brass and fogged heads of state content to be known universally as psychopathic liars and criminally insane.
