If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. . . . It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.
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Above all else, what has been proved by the bitter experience made by Greek workers with Syriza is that it is impossible to defend anything—jobs, wages, essential social services—without breaking the stranglehold of the financial oligarchy over economic and political life. It demands the independent political mobilisation of the working class against the major corporations and banks and their government.
A small town of Distomo is just 150 kilometers from Athens, positioned in the heart of Greece, literally squeezed between two great world heritage sites: Delphi, the cradle of the European democracy, and a stunning Byzantine monastery of Hossios Luckas.
Ever since the Scottish Independence Referendum campaign I have been envying the Scots for the liveliness and engagement of their political thought and conversation and wondering how the phlegmatic English could be prodded into really thinking about the politics that run this country. The answer appears to be Jeremy Corbyn.
The ideas and vision that Jeremy Corbyn represents, for so long buried beneath a ton weight of Thatcherite ideology, have risen from their slumber and are now part of the mainstream political discourse again, breathed new life by thousands of young people who demand a real and humane alternative to the thin gruel that passes for reality today.
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People’s quantitative easing is instead a highly directed process where the debt that is repurchased has been deliberately created and issued either by a green investment bank or by local authorities, health trusts and other such agencies for the specific purpose of funding new investment in the economy at the time when big business and financial markets are completely failing to deliver the scale of investment that is needed to get the UK working again and to restore our financial prosperity.
Like some mysterious figure who suddenly arrives in a Hollywood Western film, Jeremy has turned up in the wind-blown, parched town and taken on the oppressors. I am sure his bold initiative will be rewarded. Indeed, in the growth of a more confident left, it already has.
The post A Win For Jeremy Would Benefit The Entire Left – Not Just Labour appeared first on BSNEWS.
My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.
— The Godfather (1972)
Like Blair and the rest of the establishment, the Guardian and other corporate media claim their motivation is to preserve Labour's electability, rather than to attack any and all politics that stray off the 'centrist', 'modernising' path. In reality, it could hardly be more obvious that this collection of profit-seeking, corporate enterprises – grandly and laughably proclaiming themselves 'the free press' - is opposing a threat to their private and class interests.
The 35 MPs who nominated Corbyn are ‘morons’ according to New Labour-era apparatchik John McTernan – basic underlying argument: you can’t actually give voters a choice, because then they might choose the wrong one. You can’t let a candidate who vaguely represents the reasons people join the Labour Party slip into the contest – because we don’t represent those views, and have built entire careers around leading a group of people we fundamentally disagree with.
