Category Archives: Media corruption

Democrat Legislation is Remaking American using MMT

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Government Jobs for Everyone….consider this –>

Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries like the U.S., U.K., Japan, and Canada, which spend, tax, and borrow in a fiat currency that they fully control, are not operationally constrained by revenues when it comes to federal government spending. MMT was pioneered by American economist and theorist Warren Mosler in 1992, along with Bill Mitchell, a university professor based in Australia and a key developer of the theory.

Modern Monetary Theory & Why Central Banks are lost in the ...

AIER: Modern Monetary Theory (MMT) offers some unconventional policy recommendations based on the United States’ monetary sovereignty. MMT proponents also advocate government guaranteed jobs paying a living wage for all Americans. What would be the consequences of such a guarantee?

The Public Service Employment program detailed in a 2018 paper from the Levy Economics Institute would be funded by Washington and administered by states. It would offer full and part-time jobs paying $15 per hour plus benefits. The program’s spending would be mandatory, like other entitlement programs. The jobs would “provide public services in nonprofit community organizations, public schools, and state and local governments.”

The program could accomplish three distinct ends. The first is stabilizing aggregate demand during economic downturns. The second is instituting work-relief in place of cash assistance. The third is implementing a “living wage” for all Americans.

When the economy slips into recession, businesses lay off some workers and cut others’ wages. Reductions in these workers’ spending produce second-round (and third-round) effects: landlords, for example, cut back their spending after not receiving rent. Many economists support macroeconomic stabilization.

Stabilization works much better when automatic. Discretionary stabilization spending, like 2009’s American Recovery and Reinvestment Act, can take months to enact. Laid off workers can start a guaranteed government job immediately.

Today unemployed workers receive cash assistance. While I do not advocate government make-work jobs, work-relief has two advantages over cash assistance. First, work requirements effectively control fraud, as revealed by the 1990s welfare reforms. People working while on the welfare rolls never showed up for mandatory job training.

Work-relief also denies recipients the leisure of staying home. People will compare the full value of their options. Suppose a person values the freedom of not working at $30,000 a year. If they also receive $10,000, only a $20 per hour job matches the full value of the cash assistance.

The MMT jobs program also implements a living wage providing a “just” level of compensation. Economics shows how workers in a competitive labor market get paid the value they create for businesses. The “problem” of low wages is then inadequate job skills.

The living wage is redistribution disguised as work. Market wages and salaries are not charity; the prices customers willingly pay for goods and services cover workers’ pay. Market-based salaries come entirely from voluntary payment and workers earn their pay by helping produce goods and services.

Guaranteed jobs effectively set a minimum wage because few Americans will work for businesses offering worse compensation packages (wages and benefits). Government jobs would be far more effective in assisting low-wage workers because a minimum wage ends up pricing many out of the labor market altogether.

Government jobs paying $15 an hour plus benefits would likely cost $40,000 per job annually. MMT proponents project 15 million government jobs would be needed even when the economy is strong. MMT can advocate such a budget-busting program because in its view monetary sovereignty renders Federal spending costless under most circumstances.

The biggest potential problem with the jobs guarantee, even at a lower wage, is whether people will have to work. What exactly is a government “guaranteed job?” The term job suggests a person must work satisfactorily or be fired. The guarantee suggests anyone fired must then be given another position.

Government guaranteed no-show jobs would blow up the labor market. If you had a “job” paying $30,000 plus benefits not requiring work, how much would you need to be paid to take a real job? Guaranteed $15 per hour no-show jobs would effectively be a $30 or $40 per hour minimum wage.

The United States is prosperous because we produce goods and services people want in large quantities. Yet production requires real work, not government make-work jobs. By diverting millions out of productive private sector jobs, the MMT jobs guarantee seems guaranteed to impoverish America.

About that Drone Attack on the Pennsylvania Power Grid

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The Drive: U.S. officials believe that a DJI Mavic 2, a small quadcopter-type drone, with a thick copper wire attached underneath it via nylon cords was likely at the center of an attempted attack on a power substation in Pennsylvania last year. An internal U.S. government report that was issued last month says that this is the first time such an incident has been officially assessed as a possible drone attack on energy infrastructure in the United States, but that this is likely to become more commonplace as time goes on. This is a reality The War Zone has sounded the alarm about in the past, including when we were first to report on a still unexplained series of drone flights near the Palo Verde nuclear powerplant in Arizona in 2019.

ABC News was first to report on the Joint Intelligence Bulletin (JIB) covering the incident in Pennsylvania last year, which the Department of Homeland Security (DHS), Federal Bureau of Investigation (FBI), and the National Counterterrorism Center (NCTC) published on Oct. 28, 2021. The document, which ABC obtained a copy of, but only released a small portion of, is marked unclassified, but parts also labeled Law Enforcement Sensitive (LES) and For Official Use Only (FOUO). Other outlets have since obtained copies of this document, which reportedly says that this likely attack took place on July 16, 2020, but does not identify where the substation in question was located.


DHS via ABC News

RELATED READING: FBI Strategic Intelligence/Assessment on Domestic Terrorism

A portion of an annotated satellite image from a US Joint Intelligence Bulletin regarding a likely attempted drone attack on a power substation in Pennsylvania in 2020.

“This is the first known instance of a modified UAS [unmanned aerial system] likely being used in the United States to specifically target energy infrastructure,” the JIB states. “We assess that a UAS recovered near an electrical substation was likely intended to disrupt operations by creating a short circuit to cause damage to transformers or distribution lines, based on the design and recovery location.”

ABC and other outlets have reported that the JIB says that this assessment is based in part on other unspecified incidents involving drones dating back to 2017. As already noted, The War Zone previously reported on another worrisome set of incidents around Arizona’s Palo Verde Generating Station, the largest nuclear power plant in the United States in terms of its output of electricity, in 2019. In the process of reporting that story, we uncovered other reported drone flights that prompted security concerns near the Limerick Generating Station nuclear power plant in Pennsylvania earlier that year.

The Night A Mysterious Drone Swarm Descended On Palo Verde Nuclear Power Plant By Tyler Rogoway and Joseph Trevithick Posted in The War Zone
Here’s What’s In New Guidelines For Defending Infrastructure Against Drone Attacks By Brett Tingley Posted in The War Zone
The Y-12 Nuclear Development Site Has Deployed Its First Anti-Drone System By Brett Tingley Posted in The War Zone
Some Chinese-Made Drones Cleared By Pentagon For U.S. Government Use By Brett Tingley Posted in The War Zone
Is The United States Firing Off “Electricity Bombs” in Syria? By Joseph Trevithick Posted in The War Zone

“To date, no operator has been identified and we are producing this assessment now to expand awareness of this event to federal, state, local, tribal, and territorial law enforcement and security partners who may encounter similarly modified UAS,” the JIB adds.

Beyond the copper wire strung up underneath it, the drone reportedly had its camera and internal memory card removed. Efforts were taken to remove any identifying markings, indicating efforts by the operator or operators to conceal the identifies and otherwise make it difficult to trace the drone’s origins.


DHS via ABC News

A low-quality image showing the drone recovered after the likely attempted attack in Pennsylvania. The green lines are the nylon cables. A copper wire was attached to the bottom ends of both lines.

It’s unclear how much of a threat this particular drone posed in its modified configuration. The apparent intended method of attack would appear to be grounded, at least to some degree, in actual science. The U.S. military employed Tomahawk cruise missiles loaded with spools of highly-conductive carbon fiber wire against power infrastructure to create blackouts in Iraq during the first Gulf War in 1991. F-117 Nighthawk stealth combat jets dropped cluster bombs loaded with BLU-114/B submunitions packed with graphite filament over Serbia to the same effect in 1999.

Regardless, the incident only underscores the ever-growing risks that small drones pose to critical infrastructure, as well as other civilian and military targets, in the United States. If this modified drone did pose a real risk, it would also highlight the low barrier to entry to at least attempt to carry out such attacks. New DJI Mavic 2s can be purchased online right now for between $2,000 and $4,000.

The technology is so readily available that non-state actors around the world, from terrorists in the Middle East to drug cartels in Mexico, are already employing commercial quad and hexacopter-type drones armed with improvised explosive payloads on a variety of targets on and off more traditional battlefields. This includes attempted assassinations of high-profile individuals.

The U.S. government is finally coming to terms with these threats and there are certainly some steps being taken, at least at the federal level, to protect civilian and domestic military facilities against small drones. At the same time, it is equally clear that there is still much work to be done.

This particular incident in Pennsylvania last year highlights separate security concerns relating to Chinese-made small drones that are now widely available in the United States and are even in use within the U.S. government. DJI, or Da Jiang Innovations, is by far the largest Chinese drone maker selling products commercially in the United States today and has been at the center of these debates in recent years.

Whether or not the modified Mavic 2 posed a real danger in this instance or if this was truly the first-ever attempted drone attack on energy infrastructure in the United States, it definitely reflects threats are real now and will only become more dangerous as time goes on.

Durham’s Next Arrests Could Snag Some Hillary Operatives

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Keep a close watch for names like Fiona Hill, a top witness in the first Trump impeachment.  Fiona currently serves as a Senior Fellow at the Brookings Institution in Washington. She is a member of the Council on Foreign Relations and the Trilateral Commission. Next up could be Strobe Talbot, a top Clinton operative and head of the Brookings Institute, a left-wing political think tank. Strobe became friends with future President Bill Clinton when both were Rhodes Scholars at the University of Oxford;Then there could be a Mr. Charles Dolan Jr., who was the state chairman of the Clinton-Gore campaigns in Virginia in 1992 and 1996 and was appointed to a position in the State Department in the Clinton administration.

Dolan has years of political and communications experience to kglobal in his role as senior vice president. He has advised or managed Presidential and Congressional campaigns, state party conventions and platform committee hearings. He is also an adjunct professor at the George Washington University School of Media and Public Affairs, and a graduate of the University of Massachusetts, Amherst where he earned a B.A. and of Harvard University’s Kennedy School of Government, where he earned an M.P.A. in Government and Business.

Prior to joining kglobal, Chuck was an executive vice president at Prism Public Affairs and formerly a senior vice president for public affairs at Ketchum Public Relations and also worked as a senior vice president at the government relations firm, Cassidy and Associates. He served as vice-chairman of the United States Advisory Commission on Public Diplomacy, a seven-member commission that advises the U.S. government on press and information activities of U.S. missions abroad, and the government’s international radio and television operations. And, he is a former executive director of the Democratic Governors Association. He also worked as a legislative assistant on Capitol Hill.

These people circle around DC block by block and year after year.

 

 

 

Exactly where was all of this during the Mueller investigation?

Another item that should have your blood boiling is the matter of paying off Andrew McCabe a few weeks ago. Remember that? Those on the top floor of the FBI remain dirty in this whole fake operation include McCabe. He was fired by Trump and sued. Merrick Garland, the head of the Department of Justice rather quietly settled with McCabe restoring his full reputation, pension and attorney’s fees. This tells you that Garland knew of Durham’s soon to be arrest of Igor Danchenko and how the FBI was so complicit in the whole affair. Better pay off McCabe now before more heads roll under the Durham investigation.

More details below…

  1. In part from the New York Times:

    Most of the important claims in the dossier — a series of reports written by Mr. Danchenko’s employer, Christopher Steele, a former British intelligence agent — have not been proven, and some have been refuted, including by Mr. Mueller. F.B.I. agents interviewed Mr. Danchenko several times in 2017 when they were seeking to run down the claims.

    The first false statement charge in the indictment concerns Mr. Danchenko’s interactions with a person the indictment describes as a public relations executive with strong ties to the Democratic Party.

    The indictment said Mr. Danchenko falsely told the F.B.I. that he had not discussed the claims in the dossier with the public relations executive. But, the indictment said, the executive — who in his professional career frequently interacted with Eurasian clients, with a particular focus on Russia — was a source for some of the claims, including gossip about the ouster of Paul Manafort as Mr. Trump’s campaign chairman.

    The indictment did not name the person it called “PR Executive-1,” but its description matched the career of Charles Dolan Jr., who was the state chairman of the Clinton-Gore campaigns in Virginia in 1992 and 1996 and was appointed to a position in the State Department in the Clinton administration.

    Mr. Dolan was earlier named in a declaration by Olga Galkina, one of Mr. Danchenko’s sources, as someone to whom Mr. Danchenko had introduced her; the indictment also said that the executive and a source who appears to be Ms. Galkina had regular interactions, including in ways that indicated they supported Mrs. Clinton’s campaign.

    Mr. Dolan’s lawyer, Ralph D. Martin, confirmed in an email that his client was the executive named in the indictment, but said that Mr. Dolan, as a potential witness in the case, would have no comment.

  2. The sordid and insipid details TF:

3. Lastly from top Jonathan Turley:

Danchenko is not someone who immediately comes across as an apex defendant — the highest target in an investigation. He was a key source used by others to advance false or unsubstantiated claims against Trump. He is the type of defendant that prosecutors pressure to flip against those who retained him or used him in this effort. In other words, he strikes me as someone who can be used as a building block to apex defendants.

Potential apex targets above him in the investigation range from Steele himself to Clinton general counsel Marc Elias to Clinton campaign officials.

The indictment circles around an unnamed figure called PR-Executive-1 who was a close Clinton adviser who held high positions in the Democratic party and prior Clinton campaigns. Most embarrassing are references to the Clinton adviser meeting with possible Russian intelligence figures and other Russian sources, including this line:

PR Executive-1 gifted to Russian Sub-Source-1 an autobiography of Hillary Clinton, which he signed and inscribed with the handwritten message, “To my good friend [first name of Russian Sub-Source-1], A Great Democrat.”

That is one book I think Hillary Clinton would like back.

The indictment describes the individual in this way:

“PR Executive-1 had served as (1) chairman of a national Democratic political organization, (2) state chairman of former President Clinton’s 1992 and 1996 presidential campaigns, and (3) an advisor to Hillary Clinton’s 2008 Presidential campaign. Moreover, beginning in or about 1997, President Clinton appointed PR Executive-! to two four-year terms on an advisory commission at the U.S. State Department. With respect to the 2016 Clinton Campaign, PR Executive-! actively campaigned and participated in calls and events as a volunteer on behalf of Hillary Clinton.”

There is no indication if Durham has possible evidence of criminal acts by those figures but there is every indication that he is not done by a long shot with this investigation.

 

Biden’s Nominee for the Treasury Dept is Member of a Facebook Marxist Group

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It used to be that anyone chosen to be in a presidential cabinet role experienced exceptional resume scrutiny before they were selected. It is likely that remains the case under the Biden administration and that should tell another part of the story….the Biden advisors are supporters themselves are Marxists. Further, the American people are forced to accept associated policies and legislation that is playing out today under this administration.

So, who is Saule Omarova? Apparently she is a person that all democrats approve of since not one person on the Left has expressed worry or criticism.Saule Omarova specializes in regulation of financial institutions, banking law, international finance, and corporate finance. Before joining Cornell Law School in 2014, she was the George R. Ward Associate Professor of Law at the University of North Carolina School of Law.

She is also part of the Berggruen Institute. What is that?

Founded in 2010 by philanthropist and investor Nicolas Berggruen, the Berggruen Institute develops the foundational ideas and critical analysis needed to unlock enduring progress for political, economic, and social institutions in the 21st century. Since its inception, the Berggruen Institute has launched the 21st Century Council, the Council for the Future of Europe, the Berggruen China Center, the Think Long Committee for California, and the signature Berggruen Prize for Philosophy and Culture.

In partnership with the University of Southern California Dornsife Center on Science, Technology and Public Life (STPL), Berggruen Fellowships offer scholars flexible periods of work and study in both the United States and China.

Saule Omarova Height, Weight, Net Worth, Age, Birthday ...

 

FNC:

Saule Omarova, President Biden’s pick to be the comptroller of the currency within the Treasury Department, appears to have joined a Facebook group for Marxist and socialist discussion in 2019, according to a post in the group called “Marxist Analysis and Policy.”

This week, the right-leaning American Accountability Foundation first resurfaced a 2019 post from the public Facebook group. A member posted, “Let’s welcome our newest members: Saule Omarova.”

The post links to a Facebook account that’s been in operation since at least 2017 with a profile picture that appears to be of Omarova. The account’s profile picture has 85 visible likes and 14 visible comments, some of which appear to be from people who would reasonably run in the same social circles as Omarova. Those include a University of Minnesota law professor and a Cornell engineering professor.

The White House announced that it is nominating Omarova – a Cornell law professor – to run the key post that regulates national banks last month. Since then, Omarova has drawn harsh scrutiny for her past comments that were very hostile toward the financial services industry. She’s also been attacked over her Moscow State University thesis about Marxism, which Sen. Pat Toomey, R-Pa., is demanding that she turn over to the Banking Committee.

FOX Business sent messages to both Omarova and the White House requesting confirmation that the Facebook account is authentic, and asking for comment. Neither responded.

The Facebook group’s description states that it is for socialism and against capitalism.

“This Marxist group is a platform for analysis, policy (sic) and polemics from the perspectives of a diverse range of Socialist and anti-capitalist views,” it says. “We are against exploitation, inequality, racial (sic) discrimination and ecological destruction at the core of Capitalist social relations. The working class has the potential and the ability to change Capitalism and in the process change itself. Only working people, by (sic) their own efforts, can free themselves from Capitalism. We stand for the self emancipation of the working class and Socialism.”

The group’s rules say, “No personal abuse will be allowed. Nor will racist or fascist comments be tolerated. Support for the Tory party is not acceptable. A culture of diverse Marxist, Socialist and radical views is the framework for the group.”

The posts in the group appear to indicate that it is a forum for serious ideological discussion, and not a parody forum. A post in the group from Oct. 19 promotes a lecture by a Dublin City University professor about “A Marxist Narrative, From Marx and Engels to COVID-19.”

Older posts include the “ACAB” (All Cops are Bastards) slogan, and celebrate the 2020 Seattle autonomous zone protest as at the center of the battle for socialism.

“Seattle emerged once again as the center of anti-capitalist mobilizations,” one poster wrote. “The protestors occupied 6 blocks, and declared them to be police-free areas. They operate like a ‘soviet’ with many radical anti-police, and anti-capitalist speeches.”

The poster added: “The radicalization of the youth and young workers in Seattle is very important. It shows a way for the protests in the rest of the country. This is one of these times that the masses radicalize very fast, and they are open for revolutionary socialist alternatives to the decaying capitalism.” More here

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Will anyone in the media ask Jen Psaki or ol Joe himself if they support Marxist’s ideology of if they themselves are Marxists?