Comments by "Edward McLaughlin" (@edwardmclaughlin7935) on "TED" channel.

  1. A very worthwhile talk, outlining much of the perilous stage at which we find ourselves. The mention of events in Ukraine though, seem a bit out of whack. The figure of 200,000 Russian troops 'lost', for instance, needs to be looked upon with some suspicion. Whose figures does he cite? Also, the casual reference to the effect of sanctions, which seems to take it as a given that they have crippled the Russian economy. Damaged somewhat, perhaps, but not significantly (while at the same time, the economy of Germany - and therefore of Europe - has been dealt a possibly fatal blow by the actions, principally of the US) The references generally to the conflict, seem to come from a position firmly behind the US/NATO narrative of Russia being the totally unjustified aggressor. The speaker seems to have fallen in line with the huge simplification that abounds in the Western MSM; ignoring the events that led to the conflict. Admittedly, my points are somewhat on the margin of his main thesis, but his seeming inattention to this extremely crucial situation, does, to my way of thinking, detract from his argument to quite a degree.
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  2. https://www.youtube.com/watch?v=a1Bn0DuDoFo
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  3. Ambitious Adventure Club You're so right. It was easy to con people that they were just joining the EEC. So difficult to tell them the truth that they were ceding sovereignty. But we managed it.
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  4. Kelton's argument relies on its incompleteness: "...as the issuer of the currency, the Federal Government can never run out of money." Fine if that's where it stops. However, for every trillion dollars that the Fed' issues in this manner, the pool of previously issued dollars is degraded in its buying power. We cannot get away from the fact that money - its creation and its expenditure - has real world effects which must be accounted for. MMT is happy-clappy, Sesame Street economics. If adopted fully, it will ultimately lead to hunger, starvation and death on a scale never before experienced. One has to question how and why the proponents of this theory have not bothered to figure-out its endgame. In all probability, they understand perfectly.
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