Global Inequality: A New Approach for the Age of Globalization – Kindle edition by Branko Milanovic. Politics & Social Sciences Kindle eBooks @ Amazon.com.

Tag this under: books I’m researching…

One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice.

“The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.”
The Economist

“Milanovic has written an outstanding book…Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon…Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades.
—Martin Wolf, Financial Times

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#ImTelling The real story behind Democratic primary rigging is coming soon

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Things just get stranger…and stranger

By now most people in my circle know that I’m writing a book about the Democratic rigging in congressional races.  I was the campaign manager for a progressive candidate in western NC.

I knew other races were affected with the same disease, but I didn’t know the extent.  Until…

Until candidates and staff started contacting me about the shenanigans going on in their district. It’s not just where I live, if nationwide. It is systemic. The Democratic Party is in the business to elect Democrats, not progressives. They will choose and established Democrat over a progressive any day of the week. The Democratic elite did not think they can control progressives. And they are right.

 

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Dems are still trashing Bernie supporters and rigging primaries against Berniecrats

The Twitter post referenced here is just the tip of the iceberg.  I’ve seen tons of social media posts trashing Berniecrats and the candidates who have run on progressive ideologies.  Where will it lead?  What must we do as Bernie followers?  Well, here’s my answer.

Bernie is the problem

Despite mainstream media’s attempt to define America’s progressive movement by framing a narrative using words like socialist and communist, more and more voters are gravitating toward this common sense approach to government.  Why do you think that is?  People are hurting.  Jobs are drying up and if you have a job, you’re stressed over rumors of layoffs, cutbacks in hours and lower pay.   One simple family emergency can cause many families to miss a car payment, get behind on rent or even lose their cell phones or lights-let alone put food on the table.

Bernie’s message was simple and he spelled it out in his book “Our Revolution.”  Sanders called for:

  • A $15-an-hour federal minimum wage;
  • A universal healthcare plan such as Medicare for all;
  • Closing the loopholes that allow corporations to avoid federal taxes and that allow these multinationals to stash money in offshore havens;
  • Criminal justice reform that included legalizing or at least decriminalizing marijuana;
  • An end of the private prison system which has been riddled with corruption and pay-to-play politics from the very beginning;
  • A meaningful and comprehensive immigration reform system that keeps the bad people out while putting undocumented workers on the path to paying taxes.

These are just a few things Bernie talked about in his book.  His campaign was meaningful and it resonated with middle-class families. And then came the Democrats. The Democratic Party is an elite organization. It is a corporation fueled by lobbying money, big pharmaceutical industries, big banks, trial lawyers, and everything we have come to expect from the Republican Party except worse.

If you think about it, it is perfectly logical that the Democrats do not want a progressive movement to establish itself within the Democratic Party framework.  Why do we need criminal justice reform?  Bill Clinton and his ‘three strikes and you’re out’ initiative.  Why do we need a 15-hour minimum wage? Because Barack Obama, despite having both houses of Congress, would not increase the minimum wage to a livable standard.  Nor did the Obama administration do anything about closing tax loopholes for corporations and the superrich.  The Walton family is still stashing money in tax havens such as Luxembourg along with all the other 1%.   Why do we need comprehensive immigration reform? Because both parties, the Republicans and the Democrats, have kicked the can down the road, political cycle after political cycle, and nothing has been accomplished.

Make no mistake about it, the Democratic Party is not our friend. They are the enemy more than the Republicans could ever be. They have systematically changed the narrative in an effort to drive us apart. The Democratic machine controls mainstream media. They would have us don our pink pussy hats, grab our organic mocha latte’s, and join the protest of the month club. I’ve seen it happen and I’m writing a book about it.

Even though 276 progressives have won primaries, the Democratic Party (along with the mainstream media) would have us believe our cause is futile. It is not. They just do not want to give up control.  Because riding on each campaign cycle are billions of dollars in transactional donations and the Democrats want that money.

There is no place for progressives in the Democratic Party. There’s no place for Bernie in the Democratic Party. Until real progressives establish a third-party or simply run as independents we will be fighting an uphill battle and it will be harder to win.

I’ve met Bernie three times. The last time was a year before he announced his run for the presidency. I’ve had opportunities to speak with him and there is absolutely nothing socialist or communist about him or the movement he has tried to create. Social Democrats believe in capitalism and it is tantamount to pragmatic capitalism which is a Republican concept.

pragmatic capitalism

In fact, I would encourage you to read Pragmatic Capitalism by Cullen Roche.

 Being successful in the modern world of finance requires a more in-depth understanding of our global economies on a macro level. What does a shifting demographic cycle mean? How does the explosive growth of emerging markets matter? Why does the world’s population affect my portfolio? Does the global monetary system impact my results this year? How does government intervention in markets impact my strategy? In Pragmatic Capitalism, Cullen Roche explores how our global economy works and why it is more important now than ever for investors to understand macroeconomics. Cullen Roche combines his expertise in global macro portfolio management, quantitative risk management, behavioral finance, and monetary theory to explain to readers how macroeconomics works, and provides insights and suggestions for getting the most out of their investment strategies. This book will uncover market myths and explain the rise of macroeconomics and why it impacts the readers’ portfolio construction. Pragmatic Capitalism is a must for any sophisticated investor who wants to make the most of their portfolio.

America lives in a fiat currency world. There’s absolutely no reason why we could not get at least some of these initiatives fixated into a public policy. And if we could solve 20% of these problems we would eliminate a greater percentage of the suffering going on in America.

Above is a conversation with Jeff Weaver I encourage you to watch.

And while you’re at it I would encourage you to develop a sense of understanding about modern monetary policy.

And to read this book by Warren Mosler.

Last but certainly not least, if you’ve not read Jeff Weaver’s book “How Bernie Won” you should.  Filled with backstories and campaign ‘know how.’  Weaver was the campaign manager for Bernie Sanders.  *I knew Jeff when he had hair.  **Before his beard turned snow white.  ***Hope he’s drinking decaf.  🙂 But, in all honestly, had it not been for Jeff the Democratic 2016 platform would not have had anything close to what progressives cared about and Hillary would have lost a lot worse than she did.

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Author Cory Doctorow says the Bookface is spying on us. And, he’s right.

 Facebook’s role in aiding Donald Trump’s victory in 2016 is widely misunderstood, according to a prominent science fiction author and internet critic.

Facebook spies on everyone,” Cory Doctorow told Grant Burningham, host of the Yahoo News podcast “Bots & Ballots,” adding, “It’s not a mind-control ray. It’s a surveillance system for locating people with hard to find traits.”

It was that characteristic that enabled Russian bad actors and American enemies of Hillary Clinton to build Trump’s coalition on the platform, said Doctorow, the best-selling author of dystopian novels like “Little Brother” who also writes on politics and technology for the Electronic Frontier Foundation.

The trait that Facebook helped identify, Doctorow said, was racism.

Likening Facebook founder Mark Zuckerberg to “a special kind of sociopath,” Doctorow sees the platform as a breeding ground of sorts.

“Facebook’s primary value both to advertisers and to users is its ability to locate hard to find traits in large populations. So if you’ve got a rare disease or you want to track down people you went to high school with, or you want to find other people who will carry a tiki torch with you in Charlottesville, or you want to organize people who got to Standing Rock and protect the water from the pipeline, Facebook is a tool that will help you find these widely distributed but thinly distributed groups of people,” Doctorow said.

He continued: “So that’s why advertisers like it because most people aren’t going to buy a fridge most of the time, so you need really fine-grain tracking to find people who have this very rare trait. And if you spy on people enough you can probably find people who have correlates with fridge purchasing, like, for example, they just bought a house, right, or just renovated a house, and so that’s a pretty good predictor for buying a fridge.”

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Donald Trump’s Victory Challenges The Power Of The Press | HuffPost

Here’s a Huffington Post article from 2016.  Going back now, I can see how some can make the argument that the media picks our presidential candidates.  Maybe that’s why the Democratic machine spends so much time doing their best to control the media.

Source: Donald Trump’s Victory Challenges The Power Of The Press | HuffPost

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Alex Jones silenced by the FCC. Are you next?

I’m not an Alex Jones fan and there’s a big part of me that even hates the fact I feel somewhat of a need to defend him. But, at some point, we need to revisit the issue of free speech, conspiracy theorists, and tolerance in an effort to try to make sense out of all of this.

What Alex Jones said about the Sandy Hook massacre was outrageous and flat-out wrong. I don’t know a single person that would agree with him that that tragedy never happened.  I would imagine it is close to Holocaust deniers.

But the issue is about free speech; it’s not about Jones’s stupid comments. My question is does he have a right to say it unencumbered from governmental censorship?  Where you draw the line?

As an author, a blogger, and a former news producer what the FCC did to Alex Jones recently by terminating his radio outreach is troubling and here’s why:

About 10 years ago, in North Carolina, there was a push in the  General Assembly to make it unlawful for bloggers to talk about elected officials to the extent it dealt with their personal lives and rumor. A bill sponsored in part by former Sen. Edward Jones actually made some traction in subcommittee. Jones was accused by a blogger of having an affair and spending campaign money on her. He denied the affair, but the blogger- as best I can remember-had some legitimate facts to back up his accusations.  The bill that Jones sponsored went way beyond limiting personal attacks on politicians. If taken to its logical conclusion, the bill would have severely limited the ability of anyone other than mainstream media to discuss politics on social networks. And it would’ve limited a whistleblowers ability to make public assertions against corporate wrongdoing.

Thankfully, cooler heads prevailed and the bill never saw the light of day. It was a little scary because of the bill getting a lot of positive attention from lobbyists working for corporations that had a vested interest in stopping what they considered Gestapo journalism. Hog farm corporations and utilities were especially in the crosshairs during that time.

When you connect the dots it certainly seems feasible that the government would take on Alex Jones now– a conspiracy theorist that no one really likes– and to use him as a poster child in an effort to limit free speech in this country.  No, it’s not about Jones. It’s about where do you draw the line and to what extent do you let government silence a person’s right to communicate even when you don’t like what they say. Nor is this an argument over whether or not someone has carte blanche to yell fire in a public theater. I’m under the understanding that was settled law.

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