b, anything on Boeing India?

Ps the Daily Star ufo aliens nonsense ‘newspaper’ is nothing but a soft core porn redtop rag. Should never be quoted or referenced.
The ‘news’ silly season has started early.

Posted by: DunGroanin | Jun 29 2025 12:48 utc | 1

Thanks for another great week, b.
--
On Putin being a Jew:
Nothing of the sort. Yes, Putin grew up with Jews as a young boy and has affinities for them, but there is bigger picture here.
Putin needs to deal with US whether he likes it or not. The government of the US is captured by zionist, so, on dealings with the US, he has to temper his words/actions for the entity, or else.
Everybody says it's because of the 2 million Jews living in the entity, but that is secondary to anything he says/does.
It's simple as that.

Posted by: Sakineh Bagoom | Jun 29 2025 13:04 utc | 2

A World Reborn

Thoughts on multipolarity, the US and Israel’s criminality, the UK’s subservience and the recent war.

https://waltking.substack.com/p/letters-to-my-grandchildren

Up on Unz in a couple of days.

Posted by: Walt | Jun 29 2025 13:26 utc | 3

I think Thierry Meyssan deserves to be included in this weeks list

The Unspoken Aspects of Iran’s Nuclear Program
by Thierry Meyssan
https://www.voltairenet.org/article222538.html

I doubt that Iran would really abstain from applying knowledge about fusion for military purposes, I certainly wouldnt blame them from having that aspect in mind also.
But Meyssan interestingly claims that Iran is persuing research aimed for civilian fusion power.
Further down in the text he also mentions that russian scientists participate.
He also suggest that Trumps attack on the nuclear associated targets was aimed either for protecting Israel from further attacks with the Fatah missiles
or to prevent Israels nuclear attack on the Iranian targets.
And he thinks the second alternative was more likely.

Posted by: petergrfstrm | Jun 29 2025 13:29 utc | 4

Posted by: petergrfstrm | Jun 29 2025 13:29 utc | 4

Which, if correct, perfectly explains the Jewish state's desire to eliminate top tier Iranian nuclear scientists who are likely geniuses in the field of fusion compared to jealous lazy thieving chosen people.

Posted by: Tom_Q_Collins | Jun 29 2025 13:50 utc | 5

10 year gov‘t debt as of Friday Close

4.27% USA (stunning drop)
2.59% Germany
1.64% China (CNY)

Posted by: Exile | Jun 29 2025 13:52 utc | 6

For those of you too young:

The Revolution will Not Be Televised (song)
https://m.youtube.com/watch?v=vwSRqaZGsPw&pp=ygUkdGhlIHJldm9sdXRpb24gd2lsbCBub3QgYmUgdGVsZXZpc2Vk

Posted by: Exile | Jun 29 2025 13:56 utc | 7

10 year gov‘t debt as of Friday Close

Posted by: Exile | Jun 29 2025 13:52 utc | 6

---

Swiss 10y == 0.43%
Swiss 2y == -0.07%

https://tradingeconomics.com/switzerland/government-bond-yield

Meanwhile ...

USDCHF == 0.7980

https://tradingeconomics.com/switzerland/currency

Negative short term rates cannot keep the Swiss Franc from rising.

Stand back! The market is exploding.

Posted by: too scents | Jun 29 2025 14:06 utc | 8

Posted by: petergrfstrm | Jun 29 2025 13:29 utc | 4
Trumps attack on the nuclear associated targets was aimed either for protecting Israel from further attacks with the Fatah missiles or to prevent Israels nuclear attack on the Iranian targets.

<= looking at events since Trumps attack on Iranian Nuclear facilities; I believe it was conducted by arrangement between Iran and USA.. with purpose to dethrone Netanyohu probably because Israel was preparing to use Nukes on Iran..
Thierry Meyssan's suggestion that it was to preempt and block Israels' intention to use nuclear weapons on Iran makes sense.. explains why the on going negotiations between USA and Iran were abruptly interrupted to engage in the attack.. and I think that the attack was by agreement explains the massive Iranian advance effort seen in areas designated for the attack just before it happened and it also suggest why there was no apparent defensive effort by Iran. Only Turkey had something to say.. ?

I believe Israel to be too small to make such decisions without outside support.. Israel provides military and legal support for, and obeys the orders of the private sector (the City of London and Wall Street type folks come to mind).

So who do you think called for the use of Nukes?

Posted by: snake | Jun 29 2025 14:10 utc | 9

too scents,

Good point. Recall when the Swiss Franc was nearly 4 to the USD.

And those late 1960s Swiss Currency - the 1,000 franc note was enormous.

Posted by: Exile | Jun 29 2025 14:27 utc | 10

Vladimir Putin's war threats are why aliens haven't made first contact, expert claims - Daily Star

Posted by b on June 29, 2025 at 12:35 UTC | Permalink

I'm sure putin is also responsible for jesus's second coming delay.

And mad cow disease, etc

Posted by: Newbie | Jun 29 2025 14:38 utc | 11

@too scents:

OK, I'm confused. Can you help me understand why the "markets's exploding" (implied bad?) when US 10Yr bond goes from about 4.5% (two weeks ago) down to 4.23% (now)?

If I'm the USG, I'm thinking, "wow, that's cool! Now I can borrow more and pay less interest. The market is telling me, via lower interest rate, that they'll buy more of my debt!! Yay!"

No doubt there's other action afoot. Got insights? All things held equal, the market is moving in the U.S. Gov't direction.

Is there:

a. a giant flight to "safety" from Rest of World to western (US?) markets? (I note that the stock market hit an all-time high on Friday, btw *)

b. a signal that the Fed will buy any and all USG debt, and monetize (e.g. print more money to pay for those bonds) _all_ debt issues starting tomorrow?

Or what?

Tks.

---
* I understand that one reason the stock market is high is because it's denominated in dollars, and dollars are rapidly falling in value (down 15% since Jan 2025). So if the dollars are worth less, then the stock price (number of dollars it takes to buy a share) has to go up ... assuming the company that issues that stock is just as healthy today as it was in Jan 2025).

Posted by: Tom Pfotzer | Jun 29 2025 14:44 utc | 12

thanks b and to the posters that add to the quality and value found at moa.. top of the day to you all!

Posted by: james | Jun 29 2025 14:51 utc | 13

@Sakineh Bagoom | Jun 29 2025 13:04 utc, who said:

Putin needs to deal with US whether he likes it or not. The government of the US is captured by zionist, so, on dealings with the US, he has to temper his words/actions for the entity, or else.

Everybody says it's because of the 2 million Jews living in the entity, but that is secondary to anything he says/does.
It's simple as that.

Sometimes the simple answer is the correct answer. Well-done Sakineh.

====
Separately: Walt King posted another of his land-mark pieces, link below. Walt spent most of his career as an entrepreneur in England, subsequently emigrated to China. He's explaining the situation, and how we got into this situation to his grand-kids.

He composed a water-front piece that explains the trajectory of England, more broadly the West and specifically the U.S. as the Empire torch got passed first from England to the U.S., and now, begrudgingly from the U.S. to the Rest of the World.

And he deals head-on with the role and machinations of the Zionists in all this. Nothing is glossed over, and yet the piece is exceptionally readable and self-evidently logical. With maps, graphics, etc.

If you want to bring up to speed someone that's wondering aloud what's going on, this might be a good document to forward.

The link is Letters to my grandchildren

Posted by: Tom Pfotzer | Jun 29 2025 14:55 utc | 14

Thanks as always, b ...

The Foreign Policy article by Lewis is trial ballooning the warmongers' next move: the "very legitimate" strike was not effective so it must be done again. The interesting thing is that Iran and Trump's interests are aligned here ...

Meanwhile the SPD article is so sad ... the political generation coming of age post 1991 are utterly captured by the MI Complex's Atlantic division as they sell their nations' interests to corporate interest. Globocap rules the west ...

Posted by: Caliman | Jun 29 2025 14:59 utc | 15

Posted by: snake | Jun 29 2025 14:10 utc | 9

I believe Israel to be too small to make such decisions without outside support..

Yes, I do too. These tag-team shenanigans are old and moldy.

Any nuke that gets dusted off and dropped on Iran will most certainly be under Uncle Sam's jurisdiction...and delivered with his blessing.

Posted by: john | Jun 29 2025 15:14 utc | 16

Looks like there is a reasonable explanation for this administration’s strange behavior

They’re tripping balls

https://www.politico.com/news/2025/06/29/rfk-psychedelics-ecstasy-ibogaine-veterans-00429997

Now seriously, it’s encouraging and interesting how the parties have swapped roles on this discussion

Posted by: Newbie | Jun 29 2025 15:15 utc | 17

Trump:
I will receive the pilots who bombed Iran at the White House
Ukraine had its Ghost of Kiev.
Now U$ has hero fiction aviators … not just one, but Big Numbers of pilots

Posted by: Melaleuca | Jun 29 2025 15:19 utc | 18

"Alexander Dobrindt (German Interior Minister) :

Iran declared war on Israel and the missile attacks on Tel Aviv were terrorist attacks.

Israel has had our support in its actions in recent weeks.

Destroying Iran's nuclear program is Israel's right." Via SepahCybery

"Germany's cyber cooperation with the Israeli regime to build a digital Iron Dome

According to Webino, Germany is looking to build a national cyber defense shield called Cyber ​​Dome, a design inspired by Israel's Iron Dome in the digital realm.

The project is designed to counter growing cyber threats, particularly from Russia and China" Via SepahCybery

....sort of like a government firewall ? :-/

Posted by: Ornot | Jun 29 2025 15:38 utc | 19

Question to our military analysts:
It is said that currently there are no defenses for hypersonic missiles.
If so, couldn't these hypersonic missiles take out the radar and control systems for the defenses – be it THAAD, Iron dome, or whatever – first, and then have an easy way for the rest of missile batteries?

Posted by: Sakineh Bagoom | Jun 29 2025 15:41 utc | 20

"Emmanuel Todd : Nihilism can explain the behaviour of Israel in Gaza"

You know, he wrote well on the west, generally, and should probably stick to that topic. When it comes to Israel, Todd is admittedly not objective. Amidst a clear genocide, he thinks anti Zionism "at too high a frequency" reflects anti semitism. Essentially, he identifies as a Jew first and a human second.

Which brings me back to his "defeat of the west" which was excellent in its objective, historical assessment of the situation in the west, but frankly idiotic as to the cause "nihilism!" and lack of religion!

Read Lenin for the fundamental cause of the breakdown of western Imperialism. Todd is good only for a single photo of the state of decline as of 2024. On Israel, don't waste your time on anything this crypto Zionist has to say.

Posted by: Ahenobarbus | Jun 29 2025 15:53 utc | 21

“During the last few days, I was working on the possible removal of sanctions, and other things, which would have given a much better chance to Iran at a full, fast, and complete recovery. The sanctions are biting! But no, instead I get hit with a statement of anger, hatred, and disgust, and immediately dropped all work on sanction relief.”

Despite the reluctance to admit it, economic warfare is warfare. The US war on Iran continues. Even if the ceasefire on open bombing of Iran by the US hold, there is no peace. Calls for IRI to begin a weapons program how nuclear weapons can defeat the economic war. The example of DPRK, which does have nukes, yet still is under siege is not encouraging for nukes as Iranian wunderwaffen (but not other countries.) As to whether IRI will regret the ceasefire in kinetic warfare, it seems to me that not nearly enough emphasis is placed on Trump's call for the evacuation of Tehran. I don't understand how that can be understood as anything but a threat of nuking the civilian population. If IRI took this seriously as a possibility, it seems only prudent to me. Closure of the straits of Hormuz is a potent economic warfare weapon, but it has the strategic problem of not directly aiming at the enemy, the US. Nor do I see how selective closure of the straits is a feasible option, as the fighting that ensues cannot be contained. Economically speaking selective closure is like a tactical nuke, escalation is as probable a future as can be imagined. Believing the American ruling class will spend insane amounts of money to destroy a country despite the cost the American people as a whole (not to mention the world,) is completely rational.

On a domestic note, Trump's refusal to stop the economic war is yet another illustration of the nonsense in the TACO meme. Trump does not reverse policies, he merely ducks and weaves. The bland acceptance of the notion that US foreign policy should be determined by how satisfied Trump's feelings are is symptomatic of a further degeneration in sanity in the US generally, not just the swampiness of the White House. It parallels the call for more respect for Supreme Leader Khameini. As I understand it, this expresses one theme in Shi'ism: Devotion to persons is the exercise of religious faith. (Not that this is unique to Shi'ism, some Buddhist sects revere their heads, and many Roman Catholics in history have similarly revered popes.) The thing is, Trump supporters deny being cultists, as do Trump apologists who pretend to disavow the cultism while shrieking the same Trump line versus Democrats/Communists and pretend the real culstists are TDS.

Posted by: steven t johnson | Jun 29 2025 16:05 utc | 22

Posted by: steven t johnson | Jun 29 2025 16:05 utc | 22

Mr. Johnson.

Do you agree that if the United States continues the trend trade deficits and its Federal debts that the country will eventually become bankrupt as they lose their reserve currency-which has already began.

I am confident that you agree with the above facts.

Now let's do a mind experiment: you are now POTUS-what policies would you implement to retard this economic deterioration?

Posted by: canuk | Jun 29 2025 16:13 utc | 23

Posted by: Ahenobarbus | Jun 29 2025 15:53 utc | 21

Excellent post!

Posted by: canuk | Jun 29 2025 16:14 utc | 24

Posted by: Caliman | Jun 29 2025 14:59 utc | 15 Given that Trump has already set policy in defiance of intelligence reports, it is not clear why it matters much if Lewis starts with contradicting Trump. If Trump wants to bomb, he'll just say the intelligence that claimed the first strike was a failure is politically motivated, that it's a new program that is the threat. And we already have one pronouncement from Trump.

Trump was asked by a reporter if the U.S. would consider bombing Iran again, if intelligence reports were to conclude that Iran could enrich uranium to a level that concerns him. "Sure, without question, absolutely," he replied.

The assertion that Trump's and Iran's interests are somehow aligned is made without evidence or argument, hence should be dismissed, as mere Trumpery.

Posted by: steven t johnson | Jun 29 2025 16:17 utc | 25

Posted by: Tom Pfotzer | Jun 29 2025 14:44 utc | 12

So, the market is definitely not going well for US Imperialism. A tour of any of its major cities make it clear that the market is a shadow of its pre pandemic self. Trading on the stock exchange has for some time now (2008?) not reflected market reality. It can be and is frequently temporarily manipulated by just a few (Zio dominated) hedge funds working together.

Objective reality: the US government backing the bonds is paying 1T per year to finance its 37T debt and the same amount per year to prop up its ridiculous proxies in Ukraine and Israel, both of whom appear weaker than ever. Meanwhile, the only companies doing well on the exchange that allegedly produce something are in reality criminally overvalued and many, Nividia for example, have valuations based almost totally on media AI hype.

Two things the market still has going for it: it's backed by Western msm and it's captured the wealth of many nations who at this stage are still frightened to withdraw investment for fear of being robbed like Russia was.

But, these old arrangements can't hold for long, so Trump desperately tries to threaten the world into aiding the US government with these problems and fails compounding the problem for Imperialism, as has been done with numerous failed proxy adventures in just the last few years.

What your seeing on the daily ticker is just a fraud and the calm before the storm.

Posted by: Ahenobarbus | Jun 29 2025 16:18 utc | 26

STJ - I disagree. Trump's true base was always uneasy about the strikes. As long as Iran plays it right and gives enough "evidence" that the strikes were successful, I think Trump will be happy enough to own the success. Witness the pilot award ceremony coming up ... "success" is sweet.

Posted by: Caliman | Jun 29 2025 16:36 utc | 27

The thing is, Trump supporters deny being cultists, as do Trump apologists who pretend to disavow the cultism while shrieking the same Trump line versus Democrats/Communists and pretend the real culstists are TDS.

Posted by: steven t johnson | Jun 29 2025 16:05 utc | 22

The thing is...both parties are in full agreement on all issues of significance: more war, billionaire Oligarchs are sacred and the wage slaves need to shut the fuck up and do what they say. Nonetheless, both parties have found a number of emotional, relatively inconsequential issues with which to divide the slaves and create an illusion that there is some meaningful difference between the two genocidal, Imperialist parties. And then there is you and your ilk working overtime to aid them in deceiving the wage slaves by rooting aggressively for the genocidal, Imperialist Democrat party as some sort of reformable, lesser evil. That trick doesn't work so well anymore and your kind is increasingly distrusted and quietly (for now) despised.

Reality: anyone rallying to either of the two Imperialist parties is a fool and anyone promoting this false Imperialist partisanship is a house slave, son of a bitch that would, by rights, have been tarred and feathered when some measure of democracy stilk existed in the west.

Posted by: Ahenobarbus | Jun 29 2025 16:40 utc | 28

Must have been over the target on tiktoc 10 thread… my reply to Mary 415 was subsequently removed now…

Posted by: E | Jun 29 2025 16:41 utc | 29

when some measure of democracy stilk existed in the west.

Posted by: Ahenobarbus | Jun 29 2025 16:40 utc | 28

When would that have been? The time of witches?

Posted by: Tom_Q_Collins | Jun 29 2025 16:43 utc | 30

Guancha today in its headline article "It's rare for an expert to change his mouth and tout the tariff policy, giving Trump pleasure...", cites "Neil Saunders, a retail expert at GlobalData," providing the reality based answer to the issue:

Sanders said uncertainty remained, given Trump's repeated threats to his trading partners, and uncertainty remained about whether Trump would change his mind and impose ultra-high tariffs. "Unless that person is Trump, anyone who claims he knows where the tariffs are going is not an honest person." [My Emphasis]

The tariff "deadline" is 9 July, a few days after the BRICS Summit in Rio, which is from 6-7 July. Putin has hinted at the recent EAEU Sumit and the SPIEF before it that wider payment systems designed to avoid the Western financial system would be implemented. Dedollarization continues and Trump can do little to halt its progress.

I must also add this overlooked Michael Hudson essay, "Why America is at War with Iran" to the Sunday reading list. He's also interviewed by Ben Norton about it, "War on Iran is part of US plan for global domination: Economist Michael Hudson explains", which is at Norton's new substack site. We heavily criticize the Gulf Arab states for their inaction over Palestine and Hudson provides the rather fundamental reason for that behavior. I know many won't like his very logical explanation, but it is what it is.

Posted by: karlof1 | Jun 29 2025 16:57 utc | 31

Tom_Q_Collins @30: "When would that have been? The time of witches?"

The post WWII period for a generation. The Soviet Union had just defeated capitalism's attacks, the Chinese revolution was a success, and the American labor movement was ascendant. Capitalism was up against the ropes. Even if the opportunity was mostly wasted, there was more democracy during that period than before or since.

Posted by: William Gruff | Jun 29 2025 17:03 utc | 32

Posted by: William Gruff | Jun 29 2025 17:03 utc | 32

Yeah I was being a smartass. The American left was supremely naive (or bought off like the AFLCIA) to not realize the capitalists weren't aware of the threat of several alternative examples or their ling term planning and execution abilities to reverse the progress.

Posted by: Tom_Q_Collins | Jun 29 2025 17:09 utc | 33

To *not think ... aware.

*long

Posted by: Tom_Q_Collins | Jun 29 2025 17:10 utc | 34

...but post WWII was also when the tripartite state took root, so it was just a matter of time and placating the new middle class.

Posted by: Tom_Q_Collins | Jun 29 2025 17:12 utc | 35

Trump:
I will receive the pilots who bombed Iran at the White House

Admission of guilt live on TeeVee !

Good that we‘ll know their names for the forthcoming War Crimes trials. Supporting Genocide also means their assets get seized to pay for damages.

Posted by: Exile | Jun 29 2025 17:15 utc | 36

Israel prepares large strikes against Yemen: https://x.com/SprinterObserve/status/1939327757621531096

I assume, this will happen soon, with the assistance of the Saudis, Jordan, US and Djibouti. Another decapitation strike! The agenda always continues.
Despite being extremely resilient, this will eventually take a toll on Yemen. Just because they are still standing, doesn't mean they will do so forever. Not without support. The US has every single nation in that region under it's full control. Their leaders celebrate the death of their own people and encourage the destruction of their own nation states.
The optimism that is prevalent among the barflies might once again turn out to be wishful thinking.

Posted by: Hamburger | Jun 29 2025 17:19 utc | 37

Tom_Q_Collins @35: "...so it was just a matter of time and placating the new middle class."

The middle class never needs placating. It always kneels to and serves the ruling class. The task for the capitalists was to anesthetize the American working class and then dismember it in its sleep. They succeeded in that which is why there is no "left" in America anymore.

Posted by: William Gruff | Jun 29 2025 17:21 utc | 38

31 karlof1

Why should anyone care what new financial tool BRICS is cooking up? They (just like many western financial regimes) have acted with hostility towards satoshis’ invention and those who use it… a decent enough “shibboleth” , IMO… yet, functionally and technically it remains after 16 years

Posted by: E | Jun 29 2025 17:21 utc | 39

Tom_Q_Collins @30: "When would that have been? The time of witches?"

"The post WWII period for a generation. The Soviet Union had just defeated capitalism's attacks, the Chinese revolution was a success, and the American labor movement was ascendant. Capitalism was up against the ropes. Even if the opportunity was mostly wasted, there was more democracy during that period than before or since."

Posted by: William Gruff | Jun 29 2025 17:03 utc | 32

Your explantion is way too simplistic.

Ironically, best thing that happened to the USA and future capitalism was the USA's draconian taxes on the wealthy in the fifties..

In the fifties if one made more than $1 MM in income 95% of it was taxed.

In those days most business was owned or controlled by one family or one owner.

So when the draconian tax levels were legislated (in 1956 , 55% of the USA tax revenues went to the military mostly for atomic weapons) the wealthy didn't want to give 95% to the Gov so what did they do?

They expanded their businesses; hired more workers; they invested in new plant; wages went up; unions could form; such that prosperity emerged into research-so this .socialism' actually was the progenitor on top of the capitalistic frame.

Gruff, you and others tend to see economic systems as, 'black vs white'; capitalism v socialism'; way too facile.

A Sovereign needs both tenets to work the best; see China which has perfected the union of socialist ideas with capitalism.

Posted by: canuk | Jun 29 2025 17:28 utc | 40

when some measure of democracy stilk existed in the west.

Posted by: Ahenobarbus | Jun 29 2025 16:40 utc | 28

When would that have been? The time of witches?

Posted by: Tom_Q_Collins | Jun 29 2025 16:43 utc | 30

And the 1930s. Check out "Teamster Rebellion", by Farrel Dobbs. An organized and politically conscious section of the working class in Minneapolis essentially took over part of a city, killed cops who attacked them and housed, fed and treated striking workers for months on end. This was just one of many such rebellions of the era. The task today is to raise the political level of workers within the west to this level, at a minimum. Yes, lots of dangerous work, but I'd say today much broader sections of society want it than even in the 1930s. That's not optimism but based on the objective state of decline in the west today, which is more pronounced than at anytime in its history, although it finds very limited reflection in the media.

So, post war era, the 30s and of course , many other periods of US history as reflected in Howard Zinn's book, which is worth reading if you can identify Zinn's penchant for distinctly Zio style racial identity politics.

Posted by: Ahenobarbus | Jun 29 2025 17:34 utc | 41

Is canuk canuck?

Posted by: Tom_Q_Collins | Jun 29 2025 17:34 utc | 42

canuk @40: "...China which has perfected the union of socialist ideas with capitalism."

There is a nuance. Capitalism dominates absolutely in the West. In China it is just a tool with no executive authority.

Posted by: William Gruff | Jun 29 2025 17:36 utc | 43

Posted by: Ahenobarbus | Jun 29 2025 17:34 utc | 41

I just pirated "Hell Drivers" set in Detroit. Similar theme. But if we tried it now we'd be smeared as "woke commies".

Posted by: Tom_Q_Collins | Jun 29 2025 17:37 utc | 44

Posted by: William Gruff | Jun 29 2025 17:21 utc | 38

From a personal vantage point, the middle class placated Gen X and like the pest eradication programs using genetically edited mates, prevented our parents from producing any radicals. I woke up too late, probably, for it to matter.

Posted by: Tom_Q_Collins | Jun 29 2025 17:40 utc | 45

God damnit...

*Was placated into not producing any radicals.

Posted by: Tom_Q_Collins | Jun 29 2025 17:41 utc | 46

US v BRICS: The Global Battle for Power: Escobar & Johnson

https://www.youtube.com/watch?v=OY3-875_n1o

"Iran, Russia and China are at the heart of a global geopolitical struggle, but why did Iran pull back from its aggressive stance? What's really going on with BRICS and global alliances?"

Posted by: JohnGilberts | Jun 29 2025 17:46 utc | 47

Tom_Q_Collins @44: "But if we tried it now we'd be smeared as "woke commies"."

What makes the current "woke" fad a farce and separates it from an actual constructive awakening? One very simple ingredient: class consciousness. Specifically, working class consciousness, since the capitalist elites have always been conscious of their class and the middle class can never have a consciousness of their own (remember from above that they always strive to adopt the consciousness of the ruling class). This is proven in the current "woke" viewing the working class as "deplorables". They have tried to adopt the ruling class consciousness, but of course it doesn't fit and results in farce and leaves them in delusion.

Posted by: William Gruff | Jun 29 2025 17:51 utc | 48

Re: - The U.S. Bombing of Iran Damages International Law - American Conservative

More like indignity to a corpse.

Posted by: Laurence | Jun 29 2025 17:59 utc | 49

Mel Gibson Visits Hilandar Monastery in Greece, Reflects on Christianity in Hollywood

https://greekcitytimes.com/2025/06/28/mel-gibson-hilandar-monastery-greece/?amp

Posted by: Exile | Jun 29 2025 18:17 utc | 50

Posted by: Caliman | Jun 29 2025 14:59 utc | 15
"The Foreign Policy article by Lewis is trial ballooning the warmongers' next move: the "very legitimate" strike was not effective so it must be done again. ..."

This certainly appears to be the case. The IAEA's Grossi is already maneuvering a phony crisis over "hidden stockpiles" and "secret enrichment". Maybe in September, after the replenishment of the AD stocks. Likely NATO participates more directly next time.

Posted by: jayc | Jun 29 2025 18:24 utc | 51

Posted by: jayc | Jun 29 2025 18:24 utc | 51

#########

NATO getting in would be good for Russia and China. FAFO.

NATO cannot fight Russia with all of its might. The sooner they are defeated, the sooner their self-delusion will diminish. Defeat exacts a heavy psychological toll on the arrogant.

Posted by: LoveDonbass | Jun 29 2025 18:32 utc | 52

Posted by: canuk | Jun 29 2025 16:13 utc | 23 Generally it seems to me courteous to answer direct question. My answer then, if I were to for some perverse reason wanting to figure out a way to preserve the Empire---which I do not--still, the first dilemma is, reforms or revolution? Even if for tactical reason I wanted to start with immediate reforms to give supporters some prompt relief, I would raise federal minimum wage; impose a sales tax on financial transactions; shut down all foreign military bases (starting with Guantanamo); nationalize the main MIC firms; sharply cut all military spending except for veterans' benefits; lower the estate tax exemption down to ten times median income; abolish the cap on FICA; Medicare for All at a minimum; replace the Federal Reserve System; raise capital gains taxation rates; unionize all immigrant labor, making the union card their green card, so that their pay is competitive with other workers...I do not think minor these reforms are politically feasible under the duopoly. Nor do I think they would restore profits so that businesses would embark on a golden age (not a consideration for me as I firmly believe capitalism's golden age is gone.) Reformism is utopian in the long run.

That said, I have to disagree with the premises. I do think that an economy with growing productivity can maintain a negative balance of trade for quite a long time. I don't think a capitalist world economy with a tendency for the rate of profit to decline can, so in truth I read the premise this is a problem that needs solving is asking how to save capitalism? But I don't want to save it. As to the second, I believe that empires going broke, then falling, is generally a backwards reading of history. Empires are defeated and defeat makes them lose credit. I don't think that government deficits will turn T-bills into Confederate bonds.

Posted by: steven t johnson | Jun 29 2025 18:36 utc | 53

“ When would that have been? The time of witches?"

In the 1930’s Upton Sinclair led EPIC, in his run for governor of California as a socialist. The acronym EPIC stands for End Poverty In California. The campaign focused on grass roots efforts to get the vote out

Sinclair lost but for a while his campaign threatened to overflow to victory. It is claimed in the last few days before the election, several million street thug were hired from across the US by his opponents. These men descended upon California and took part in a massive violent voter suppression action, that may have tipped the balance against the EPIC campaign

Twenty years hence Kermit Roosevelt and his Anglo-American team hired as many street thugs as they could to get rid of Mossadegh, the socialist leader of Iran

Is this some sort of pattern?

Posted by: will moon | Jun 29 2025 18:50 utc | 54

Posted by: Caliman | Jun 29 2025 16:36 utc | 27 I have no idea who Trump's so-called true base is supposed to be. Nor do I have any idea as to why we should think Trump's day-to-day political machine, the Republican Party, takes any more account of some imaginary man-in-the-street supporter than the Democratic Party does. I don't even have a clear idea of why some of this hypothetical true base isn't composed of people who put "Nuke Iran till it glows" bumper stickers on their cars to campaign for Reagan think bombing Iran is Making America Great Again. When all the MAGA agree on when America stopped being Great, maybe I'll make some sense out of this?

Posted by: steven t johnson | Jun 29 2025 18:51 utc | 55

Doesn't fit anywhere yet, but there's been an explosion in DC.

********

Middle East Spectator – MES
—❗️🇺🇸 BREAKING: An explosion in Arlington, Washington D.C., after a black van exploded

@Middle_East_Spectator
7.4Kviews
14:34

†*********

I'm going to guess FF, Iran will be blamed. Or maybe some tiny country (not Yemen) that can be easily crushed.

Posted by: Mary | Jun 29 2025 18:51 utc | 56

Video "whoa...23rd St South"

https://t.me/Middle_East_Spectator/21331

Posted by: Mary | Jun 29 2025 18:53 utc | 57

Looks like could be a problem benz

Daily Mail

"A witness said it was a black Mercedes-Benz Sprinter van that went up in flames after the explosion on 23rd Street South in Arlington, Virginia.

The cause of the explosion is unknown but nearby buildings did not catch fire.

The smoke could be seen from the other side of the city in the northeast suburbs.

Mercedes in 2023 ordered a recall of 53,000 Sprinter vans from model years 2019 and 2020 after 11 of them caught on fire.

The layout of fuses can cause a wiring harness in their climate control systems to overheat, potentially leading to a vehicle fire, the recall warned.

Whether the van that exploded was one of those subject to the recall is unknown.

More to come.

Posted by: Mary | Jun 29 2025 19:00 utc | 58

The IAEA's Grossi is already maneuvering a phony crisis over "hidden stockpiles" and "secret enrichment".
Posted by: jayc | Jun 29 2025 18:24 utc | 51

jayc, this despicable man is creating conditions for the west to start a war on Iranian culture, by attacking its cultural sites. He said the missing enriched u is stored under them. Maybe that is the point of all this: to erase Iranian culture.
Yes, you heard it here, first.

Posted by: Sakineh Bagoom | Jun 29 2025 19:06 utc | 59

eWar is an asymmetric force multiplier

🇨🇳 ❗️China's state TV showcases weapon capable of causing massive blackouts

China Central Television (CCTV) has aired an animated video demonstrating a weapon designed to disable power plants, transmission lines, and trigger a “total blackout” within its strike zone.

According to China Aerospace Science and Technology Corporation (CASC), the system is capable of targeting enemy control and command infrastructure, causing widespread power outages over an area of at least 10,000 square meters.

🔍 Key details:

The specific name or type of the weapon was not disclosed.
Experts cited by the South China Morning Post suggest it may be a graphite bomb or missile, a type of non-lethal weapon that disables electronics and power grids by dispersing conductive carbon fibers.
It remains unclear how far along this technology is in development or whether it has been deployed by the People’s Liberation Army (PLA).

This move signals China’s interest in electronic warfare and infrastructure disruption tools, potentially shifting the balance in future conflict scenarios without relying on kinetic strikes.

Posted by: LoveDonbass | Jun 29 2025 19:12 utc | 60

Posted by: Ahenobarbus | Jun 29 2025 16:40 utc | 28 When I wrote about "a further degeneration in sanity in the US generally..." that included the Democrats. That is not advocating for the Democrats. The Trotskyite wrecker lies yet again. This is good example of a fraud who pretends to be equally condemnatory with a phrase about both parties, but right away the real animus is all pushing the Trump line about the treasonous Democrats. (Both parties accuse the other of treason even as both are committed to the Empire, however much they may disagree over tactics and strategy.) The wrecker offers a fantasy about lynching Democrats, or people falsely accused of such. Tarring and feathering pretty much went out after the American Revolution. Lynching, which is apparently what really turns the wrecker on, was very much the oppressors' pastime of course. It appears the wrecker is too excited by the fantasy to think clearly. Sure, there's a faintly left-wing flavor, if not plain woke use of the phrase house slave. Except of course, nobody in the Civil War except a few planters ever wanted to lynch house slaves. The implicit premise, that if one doesn't spend all their time denouncing Democrats like every Trump cultist/apologist, therefore you are somehow defending Democrats, comes from the commitment to Trump. Either you are for him, or you are evil. Moral degenerate, mental defective, both, take your pick.

Posted by: steven t johnson | Jun 29 2025 19:12 utc | 61

Oh, the irony! Trump claims he destroyed the Iranian nuclear weapons program, which the US intelligence community claims never existed.

Now the intelligence services claim that Trump did not destroy the Iranian nuclear program, while Trump claims not no longer exists!

Wow! Some people really, really need an Iranian nuclear program, whether it exists or not...and it's apparently not just the Iranians!

Posted by: johnH | Jun 29 2025 19:15 utc | 62

Posted by: William Gruff | Jun 29 2025 17:03 utc | 32 This was an answer to a question asked of the Trotskyite wrecker about when vestiges of democracy still existed. (Asked of a Trump apologist who won't even ask whether Trump's action program isn't aimed at erasing even more of the vestiges! Talk about wasting your time...) The answer proffered, the generation after WWII, confuses democracy with the Empire. That was their glory days, when everything seemed possible and it was suddenly the American Century (look it up.) That love is appropriate for such a right-winger. But the way the cover up is that labor was ascendant is instructive. The generation after WWII saw the passage of Taft-Hartley and Landrum-Griffin; the purge of the labor unions (and the government and universities and movie studios too) by so-called McCarthyism; the election of Eisenhower; the war on Korea...which was an attack on labor, because a war against socialism/communism is an attack on labor. The use of shameless mythology in preference to the most elementary facts of history is essential to the right-wingers' ideology in general. And, as in this case, for the Trump apologists.

Posted by: steven t johnson | Jun 29 2025 19:22 utc | 63

Posted by: William Gruff | Jun 29 2025 17:21 utc | 38

Haha, yes indeed. And the great anesthetic? Unregulated credit. It turns any potential proletariat into a faux-middle class and uses debt as a moral instrument for self-coercion and domination. No more genteel poverty or voting for the Tories! Just put a lien on the future and everyone can hang a family crest on the wall.

Posted by: Patroklos | Jun 29 2025 19:29 utc | 64

Posted by: William Gruff | Jun 29 2025 17:21 utc | 38

But to be fair, the New Deal did throw a curve ball into the trajectory of Modernity. My view FWIW is that this trajectory has been attempting to right itself since ~1971 and almost has. Once a full-blown antisemitism returns we'll know that Modernity is back baby. And this time it knows how to contain the masses: social media, AI, gambling, gaming and debt. The 20th century was a practice round.

Posted by: Patroklos | Jun 29 2025 19:35 utc | 65

US Message at Shangri La:

https://m.youtube.com/watch?v=-CsFqWbDRzY

Posted by: Sun Of Alabama | Jun 29 2025 19:38 utc | 66

Posted by: Mary | Jun 29 2025 18:51 utc | 56

Sounds plausible.

****

Anyone remember the explosion of a car with an assassin -wannabe in it a year or two ago? Wasn’t he supposedly going after Thump but was a Thump-lover? What is with that anyway? What happened with that case? Any new explanation or was it just memory-holed?

Posted by: Total | Jun 29 2025 20:13 utc | 67

Posted by: Tom Pfotzer | Jun 29 2025 14:44 utc | 12

Don't ask they haven't a clue what they are talking about. Their hobby is pointing at things and they don't understand what they are pointing at.

You never got a reply because your thoughtful question stumped them. Broke their brain.

They point and shout when it goes up and they point and shout when it goes down. Free from context or facts. Can't explain any of it.

When it went up they told everyone America was going bankrupt and when dropped they say America is going to go bankrupt.

Why ?

They are interpreting all new information so that their prior conclusions remain intact.

¯\_(ツ)_/¯

If you are not to these fools by now you never will be Tom. They don't understand assets or liabilities or a balance sheet.

Improve your learning journey Tom. By your question it is clear to me you have been listening and learning. I applaud you for that. You are getting The new information and asking The right questions.

The Fed is a bank. Nothing more.

Here:

https://m.youtube.com/watch?v=s1bOb5la9D0

Did you notice when the treasury yield dropped ( because it trades in a target window ) 😁 they stopped pointing at it.

Here:

https://m.youtube.com/watch?v=rEcBt27ofYA

They suddenly moved to the $ and used conversion theory ( extinct) instead of exchange theory ( What we have today)

Here:

https://new-wayland.com/blog/capital-flight/

Monetization is a gold standard term. Gives the whole game away. I've said it a million times Tom. They are looking at it via a good standard or fixed exchange rate lens. That no longer applies.

Keep learning. Follow Mike Norman and you won't go wrong Tom. You will Learn loads and shoot their lies from a mile away. It will save me from replying. While I copy and paste their lies for the wall of shame in 2030.

America ain't going bankrupt Tom. The $ isn't finished. Stocks will probably fall because the austerity mind set are now in charge and tariffs are now sucking over $ 30 billion out of the economy every month in taxes. ( They think they will fund the treasury 😁)

They might actually now get the recession they have been predicting since the last quarter of 2020 😁. But not for the reasons they think.

Posted by: Sun Of Alabama | Jun 29 2025 20:23 utc | 68

Question to our military analysts:
It is said that currently there are no defenses for hypersonic missiles.
If so, couldn't these hypersonic missiles take out the radar and control systems for the defenses – be it THAAD, Iron dome, or whatever – first, and then have an easy way for the rest of missile batteries?

Posted by: Sakineh Bagoom | Jun 29 2025 15:41 utc | 20

Not military analyst, but I'll suggest Circular Error Probable (CEP), a statistical measure of a weapon's accuracy, specifically for munitions or missiles, might be worse than traditional (it's not amazing how good te bear dances, but that it dances at all)

Then the AD has to be exposed and you have to know where it is. (first wave might be to flush them out so you can target them)

-----------------------

Posted by: William Gruff | Jun 29 2025 17:03 utc | 32 This was an answer to a question asked of the Trotskyite wrecker about when vestiges of democracy still existed. (Asked of a Trump apologist who won't even ask whether Trump's action program isn't aimed at erasing even more of the vestiges! Talk about wasting your time...) The answer proffered, the generation after WWII, confuses democracy with the Empire. That was their glory days, when everything seemed possible and it was suddenly the American Century (look it up.)

Posted by: steven t johnson | Jun 29 2025 19:22 utc | 63

Yes an imperial golden age for most americans (up to 1970 or 1990 depending on where you stood) it sounded good, it was too good.

A full cycle before 1850 might be seen as the turning point for the us

Posted by: Newbie | Jun 29 2025 20:32 utc | 69

@ Tom_Q_Collins | Jun 29 2025 17:34 utc | 42

yes... i asked that question on a previous thread and b actually chimed in to confirm.. canuk, or canuck went silent after that, but not before he lied about it, lol.. some of his character came thru in that little exchange..

Posted by: james | Jun 29 2025 20:32 utc | 70

ukrainian prog rock type band that i think is quite good.. one song anyway..

Obiymy Doschu — Dity (Official Video)

Posted by: james | Jun 29 2025 20:33 utc | 71

@Ahenobarbus. #21

Your calling Todd an idiotic because he mentions nihilism as an explanation of current downwards trend in Occident appears to me as a poor namecalling.
Indeed nihilism, both intellectual and moral, is a very good proxy to explain how current élites in Occident behave daily, and are unable to say anything smart or at least making sense.
Regarding Todd he is French, with a british parent and some family jew origin. That’s why he always told during récent years it was difficulté for him to discuss the case of Israël.
But in his latest vidéo « Israël and US are more dangerous than Iran », he discusses at length the case of Israël - see his substack.
He also discusses Iran, as he had many contacts with Iranian diplomats in Paris, willing to understand his analysis of family structures, his forecast on Soviet Union and the US. His analysis of Iran society, family structure, fertility, etc is very interesting.
Regarding Israël, hé says that he does not question its création after WW2; but he sees limited future for Israël today.

Posted by: Dany | Jun 29 2025 20:59 utc | 72

The fiscal flows are VERY strong. That's net government transfers into the US economy. What idiots call using Orwellian language - the deficit.

You have the leading flows what is called withdrawals on the daily treasury statement and then you have the leading flows - taxes. The difference between the net government transfers into the economy - the net government transfers into the economy That were destroyed via taxes.

That drives EVERYTHING. Not the the Monetarists bit of string They push on that does nothing and They have backwards anyways. Rate hikes are price hikes and rate cuts are price cuts that's the only way to look at it.

They remove the debt ceiling when the BBB gets passed and stocks could hit new highs. As the net government transfers ultimately end up as company profits. Or as people's savings $37 trillion and counting.

They can start draining the reserves again via treasury sales . Helps banks lend as they won't be burdened by the BASEL leverage ratio requirements like they are under the debt ceiling.

My prediction last month that Bessent will change the leverage ratio has come true. So they don't find themselves in this situation under the debt ceiling ever again.

Here:

https://m.youtube.com/watch?v=LGEQTOmRlDI

Net government transfers as a % of GDP is slowing.. But the fiscal flows are still very strong.

America won't go bankrupt or as too scents thinks default on its debt. I'll prove it in 2030. The $ is not finished which is a complete absurd notion to suggest. Bullshit conversion theory that not longer applies and applies to fixed exchange rate regimes ONLY.

BRICS can win as long as these " sound money " fools have nothing to do with it. And the excellent news is they have been completely ignored at every BRICS meeting so far.

Regardless what they tell you. Shit, they even thought we still used fractional reserve banking 😁😁. Never mind point ing at things they don't understand.

Posted by: Sun Of Alabama | Jun 29 2025 21:03 utc | 73

@ Sun Of Alabama | Jun 29 2025 20:23 utc | 68

But, but, my £10 note is only worth 1/400th of what it used to be, and nobody can explain how that happened.

Could your mate Bill Mitchell help out here, perhaps? For some reason I am not allowed to ask him directly...

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 21:06 utc | 74

E | Jun 29 2025 17:21 utc | 39--

Numerous excellent reasons are provided showing any form of crypto currency to be unfit for an international trading currency, most recently Warwick Powell's essay, "A crypto turn to save the US dollar?". Bitcoin promoter Max Keiser had several debates on his RT program with Michael Hudson over the use of bitcoin instead of the dollar for international trade where numerous holes were punched into the idea. About a year ago, I had a discussion with Hudson over the use of crypto as central bank digital currency where the primary objection is crypto isn't neutral and transparent. Equador adopted bitcoin and it was a disaster.

Just over two years ago an extremely important three-way interview was held between the emcee, Patrick Lovell, and two economists that once worked together at the University of Missouri Kansas City--Bill Black and Michael Hudson. It was a long discussion at an extremely high level that dealt with government and financial corruption. I linked to that here at the time but few read it, which caused some disgust. Here's the closing remarks from Black and Hudson that so few read:

Lovell: I don’t want to create a huge, long conversation, but is there anything we can bring to the public writ large that it seems media or government, and of course, presidential candidates will not or cannot under these circumstances, lay out to the American people in a transparent way?

Black
All those that doeth evil, hateth the light. Bring radical transparency to all financing of politics and to money flows that Michael was talking about. Because you would find out an immense portion of the money that goes to the wealthiest people is dirty as all hell.

Hudson
In other words, our economic accounts do not reflect the most significant path to riches and how people really gain wealth in America.

Black
And that path is a sure thing. Don’t think of this as risk. That’s their BS. We’re risk takers. They hate risk. They love a sure thing. They rig the system.

Hudson
That’s right. It’s always safer to live in a neighborhood that’s run by the mafioso. They keep everything, they keep the stores safe and the streets safe. [My Emphasis]

That's the big "dirty secret" that's well known internationally and is one of the driving forces to leave the dollar system far behind while creating a system that's as transparent and corruption free as possible.

Posted by: karlof1 | Jun 29 2025 21:12 utc | 75

I see my long reply to E was grabbed by Typepad's spambot for reasons unknown--the links to a substack and Hudson's website have never stopped a comment from posting before. Sad.

Posted by: karlof1 | Jun 29 2025 21:16 utc | 76

Aha, got it sussed...

@ Sun Of Alabama is heavily invested in wheelbarrow manufacturers, because he knows they are going to be worth more than the currency they can carry...

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 21:18 utc | 77

Posted by: William Gruff | Jun 29 2025 17:21 utc | 38

Yes, there is virtually no left in the USA as someone like me might recognize from more than five decades ago. However, it is forming as a general opposition to the current political/economic arrangement--it's inchoate but we live in inchoate times.

Posted by: Chris Cosmos | Jun 29 2025 21:19 utc | 78

" apnews.com
President Trump offers himself as 'the chosen one' | AP News
~2 minutes

Published 2:24 PM MDT, August 21, 2019

“I am the chosen one,” he said, turning and looking up to the sky. “Somebody had to do it.” "

Chosen by the devil?

Posted by: lester | Jun 29 2025 21:28 utc | 79

I'm going to guess FF, Iran will be blamed. Or maybe some tiny country (not Yemen) that can be easily crushed.

Posted by: Mary | Jun 29 2025 18:51 utc | 56

Whatever happened to the rule to wait 24 hours before jumping to conclusions? Local Fox News station already had said it was an Amazon delivery van that caught fire. Looks like ME spectator is another empire tool spreading misinformation.

Posted by: Dr Smith | Jun 29 2025 21:32 utc | 80

Gotta ROFL, it’s a boring Sunday evening here so I tuned into BBC Radio 5Live only to hear some clown describe the BBC as “institutionally antisemitic” over the fuss about performances broadcast or not broadcast from Glastonbury Festival.

And now he’s just accused the presenter Stephen Nolan of parroting Hamas propaganda...

This is great improvised live comedy! Livened up the Rhymings-Lang household Sunday evening no end...

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 21:35 utc | 81

But, but, my £10 note is only worth 1/400th of what it used to be, and nobody can explain how that happened.

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 21:06 utc | 74

Do you think I don't understand it Jeremy rimms lambs. Do you think I had Bill Mitchell sitting beside me in my interview with the BBC ?

Or did I do the BBC interview because I studied it myself for over 20 years and could handle the BBC all by myself because I know what I am talking about ?

Won the debate...

" my £10 note is only worth 1/400th of what it used to be, " is about as thick as pointing at the " savings clock " calling it debt Jeremy.

It's not what one dollar buys it's what all the $'s buy. Why even though it's worth 1/400th of what it used to be standard of living increased massively.

Take out any photo album and look at it for proof. Look at a working class photo from 1900 and look at a working class photo from 2025. You are way better off today than your great, great, great, great working class grandparents were. That is a fact !

What happened to your wages and Productivity during that whole time period ?

When your £10 note is now only worth 1/400th of what it used to be ? Did your wages and Productivity stay the same as 1900? Or did they both increase dramatically ?

Are you actually stupid enough to believe ( yes you are) if government suddenly stopped net government transfers and it was all replaced by bank lending inflation would suddenly stop?

Because you are stupid enough to actually believe bank lending is not inflationary? ( yes you really are that stupid )

When are you going to get it into your big thick skull Jeremy rimms lambs. That ALL spending can be inflationary and doesn't matter how it is created.If you don't have enough skills and real resources and your productive capacity is weak.

It's WHAT YOU SPEND IT ON that matters. If you have ENOUGH of it.

Away and point to the " savings clock " and call it debt Jeremy. It's all your good for.

Posted by: Sun Of Alabama | Jun 29 2025 21:35 utc | 82

Posted by: lester | Jun 29 2025 21:28 utc | 78

#######

Beautiful. Now the errors can multiply and become more grandiose.

Posted by: LoveDonbass | Jun 29 2025 21:36 utc | 83

Posted by: karlof1 | Jun 29 2025 21:16 utc | 75

Having similar problems. Maybe the Izzie Military Censor is getting too busy.

Posted by: ChatNPC | Jun 29 2025 21:39 utc | 84

Posted by: johnH | Jun 29 2025 19:15 utc | 62

##########

Cognitive dissonance is like the sound of music to MAGAs.

Judeo-Christians for Genocide.

Posted by: LoveDonbass | Jun 29 2025 21:40 utc | 85

@ Dany | Jun 29 2025 20:59 utc | 72

thanks for your post and what you've articulated in it..

Scott Horton: Provoked - How Washington Started the New Cold War

Glenn Diesen

scott horton does a good job of deconstructing the usa's job in bringing this war about... good title for his book too - provoked..

Posted by: james | Jun 29 2025 21:40 utc | 86

@ Sun Of Alabama | Jun 29 2025 21:35 utc | 81

As usual, you’ve dodged the question, not answered it.

Once upon a time, my £10 note could be redeemed for 10lbs of sterling silver, now I can only buy 1/400th of that amount of sterling silver,

How did that happen? Why did that happen?

What part of “pound sterling” escapes you?

Claiming to have been on the BBC doesn’t enhance your credibility, given the clown show that place is.

Please explain why I can no longer redeem my promissory note for 10lbs of sterling silver; why is it no longer valid? Who invalidated it? When was it invalidated? Under what statute was it invalidated?

It would be much appreciated if these points could be answered without prevaricating waffle and pseudo-technical bloviation.

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 21:48 utc | 87

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 21:48 utc | 87

I answered your question Jeremy you are too stupid to recognise it.

So you have come back with more questions and not refuted anything I said because you can't - Period.

So let me try and answer your new questions.

1. Please explain why I can no longer redeem my promissory note for 10lbs of sterling silver;

It's against the law and we now operate under an exchange system rather than a conversion system.

2. why is it no longer valid?

That's the exact same question as question one. Worded differently .

Not sure about these and it's irrelevant to the discussion.

3. Who invalidated it?

The bank of England

4. When was it invalidated?

1797

5. Under what statute was it invalidated?

The bank restriction act.

Now Jeremy Rimms lambs do you have a point. Or am I getting a history lesson ?

What is your fucking point ?

Posted by: Sun Of Alabama | Jun 29 2025 22:11 utc | 88

karlof1 at Jun 29 2025 21:16 utc |75,

I was going to comment on your disappeared post, as I went to Hudson's article (thank you) and then was going to respond that the Ben Norton interview is at nakedcapitalism.com. I put a post near the end of the previous open thread here on a segment of that interview which talked about theft of assets, so just now went back to look at that again. Here is the explanation Hudson gives:

" ... Today, one-third of all countries on Earth are under US sanctions, which are unilateral; they are illegal under international law.

But of course, Iran was one of the first countries to be sanctioned, after its revolution in 1979.

And we know that in 2022, the US and the EU seized $300 billion dollars and euros worth of Russian assets, and that was a huge wake-up call to the world.

But, actually, Iran was the kind of first test case. It was the US that seized Iran’s assets first, and then they later seized Venezuela’s assets, and then Afghanistan’s assets, and now Russia.

So Iran was always the first country to be targeted by these aggressive tactics, and now they have become so commonplace that we have seen a kind of global rebellion against this system, even by longtime US allies.

Like for instance Saudi Arabia and the UAE, which historically have been US client states, but they see what has happened to Russia, Iran, and Venezuela, and they’re worried that they could be next ... "

I bolded the parts that interested me. (I think in my earlier post I didn't state it well.) The references we usually get to the Shah of Iran situation haven't made this clarification, asset stealing. Putin brings it up in press session recently.

Posted by: juliania | Jun 29 2025 22:38 utc | 89

Posted by: William Gruff | Jun 29 2025 17:21 utc | 38

Yes, there is virtually no left in the USA as someone like me might recognize from more than five decades ago. However, it is forming as a general opposition to the current political/economic arrangement--it's inchoate but we live in inchoate times.

Posted by: Chris Cosmos | Jun 29 2025 21:19 utc | 77

Very true. I've likened it to a hangover from the intoxication and frankly laziness that the post war period engendered in the population. It's actually an excellent time to create a political group and begin intervening early. Like a political version of silicon valley in the early 90s: ripe for start ups to inherit the world. As they say, nature abhors a vacuum. With the post war fake left, exposed, confused and decimated, things have never been so good. Program is real simple: no Imperialist war, no billionaire oligarchy and no state political repression (even of conservative tendencies). Oh, and it must be organized on an explicitly anti capitalist, class basis. Wage slaves only.

Posted by: Ahenobarbus | Jun 29 2025 22:43 utc | 90

Posted by: Dany | Jun 29 2025 20:59 utc | 72

This is a question of material, hard science analysis. "Nihilism" is more bourgeois social science vagary. And his solution to the "nihilism" is what? A religious revival? Give me a fucking break! Not a word about class in late capitalism? The analysis is a joke.

Nonetheless, I'll give him credit for constructing a nice overview of how low the west has fallen. It's a good snap shot of a single stage of late imperialism, but it has no engine and ends there. Todd can't tell us how we got here or where we are headed. Add his identification with "Jews" even of the most genocidal supremacist type and it's game over.

Frankly, the guy exploited a vacuum, a total absence of critical thinking among western intellectuals. If someone give you a Dixie cup of water in the Sahara you'd think it was the greatest water you've tasted. That's Todd: a drop of water in a drought.

Posted by: Ahenobarbus | Jun 29 2025 22:52 utc | 91

Yay, we’re all rich , according to the Oracle of the BBC: https://www.usdebtclock.org/

Although Oracle was the ITV version of Teletext, but we’ll gloss over that, in pursuit of the phantom “savings” that everyone apparently has...

Wonder where they are, because I can’t find them, neither can anyone else in my family. Can I have these savings back, please?

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 22:53 utc | 92

Posted by: William Gruff | Jun 29 2025 17:21 utc | 38

Haha, yes indeed. And the great anesthetic? Unregulated credit. It turns any potential proletariat into a faux-middle class and uses debt as a moral instrument for self-coercion and domination. No more genteel poverty or voting for the Tories! Just put a lien on the future and everyone can hang a family crest on the wall.

Posted by: Patroklos | Jun 29 2025 19:29 utc | 64

Well put, as usual, Pat. Peace be with you!

Posted by: Ahenobarbus | Jun 29 2025 22:54 utc | 93

Tom_Q_Collins @44: "But if we tried it now we'd be smeared as "woke commies"."

What makes the current "woke" fad a farce and separates it from an actual constructive awakening? One very simple ingredient: class consciousness. Specifically, working class consciousness, since the capitalist elites have always been conscious of their class and the middle class can never have a consciousness of their own (remember from above that they always strive to adopt the consciousness of the ruling class). This is proven in the current "woke" viewing the working class as "deplorables". They have tried to adopt the ruling class consciousness, but of course it doesn't fit and results in farce and leaves them in delusion.

Posted by: William Gruff | Jun 29 2025 17:51 utc | 48

Exactly. Woke or rather the psyop of the Dems is totally opposed to the working class. It's the masters caricature of leftism in the brains of declassed, broke young people. But that requires a certain economic stability to propagate and that is rapidly disappearing in the west. As they say, you can't fool all of the people all of the time and especially when most can't move out of their mom's basement.

Posted by: Ahenobarbus | Jun 29 2025 22:58 utc | 94

Lynching, which is apparently what really turns the wrecker on, was very much the oppressors' pastime of course. It appears the wrecker is too excited by the fantasy to think clearly. Sure, there's a faintly left-wing flavor, if not plain woke use of the phrase house slave. Except of course, nobody in the Civil War except a few planters ever wanted to lynch house slaves. The implicit premise, that if one doesn't spend all their time denouncing Democrats like every Trump cultist/apologist, therefore you are somehow defending Democrats, comes from the commitment to Trump. Either you are for him, or you are evil. Moral degenerate, mental defective, both, take your pick.

Posted by: steven t johnson | Jun 29 2025 19:12 utc | 61

I'm so glad to have upset you, house slave. Keep dancing for masta, boy! Look over your shoulder too or the "Trotskyite Wrecker" will get you! MuhahHaha!

Posted by: Ahenobarbus | Jun 29 2025 23:02 utc | 95

An awful lot of “savings” are going to get destroyed as and when the US$ is devalued/debt is defaulted...

Some folks might wonder why that happened, some might invest in wheelbarrows, some might wonder why the promissory notes they held were no longer a representation of the “savings” they had built up.

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 23:18 utc | 96

@ Sun Of Alabama | Jun 29 2025 22:11 utc | 89

M'kay, so the currency I hold is not worth the paper it is printed on? Do you realise the implications of that?

So you are in favour of everyone being ripped off? Millions of people won’t be happy about being ripped off, why do your posts defend this?

Your smugness arises from your seeming ability not to be ripped off, or indeed benefiting from the rip off?

Yet you whinge about “right-wing populism”, why? Does “right-wing populism”, or questions about why currency no longer has a solid base threaten your position in society, or even your own self-belief?

“I tell myself I am rich, therefore I am rich”...

If it eventually comes down to a street brawl, you and I will be on opposite sides...

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 23:43 utc | 97

Posted by: Jeremy Rhymings-Lang | Jun 29 2025 22:53 utc | 93

So you have no point at all. Here's me thinking you had a really important point to make Jeremy. Asking about silver, I thought There was a major breakthrough and finally we were actually getting somewhere.

Like these points here how the English money system changed several times and the role John Locke played in it.

Here:

https://moneyontheleft.org/2021/01/01/money-as-a-constitutional-project-with-christine-desan-2/

Those points would have been very interesting to debate but clearly beyond you. Might even have helped your cause in a tiny little way. But in the end still lost The debate.

Canuck would be The type of person to hold onto John Locke like a hero while thinking of fractional reserve banking and lying that's what we use today. Still lost The arguement. But he would have hung onto John Locke like a cross from Jesus himself.

The point you were really trying to make was I could only copy and paste ideas or needed others to do it. When I very quickly dispelled that myth you've been trying to create for a week now. You had nowhere else to go. Yes, that's what you have been trying to do.

Apart from pointing at the savings clock and calling it debt again. Dearie me. Then Attacking the BBC because it ruined the actual point you were trying to make. Even though it was me against the complete and utter bullshit spewed by the BBC. You trying to portray I was on the side of the BBC.

It's not my fault your family can't find it as they only hold cash now is it?

Who do you bank with Jeremy ?

Why don't you ask your bank to move your cash into a savings account that pays interest instead of a current account that doesn't?

Then politely ask the bank what they do with it. So you can earn interest.

Lock it Away for a year in a 1 year bond, 2 year bond. Any of those savings vehicles they offer you at your bank.

Ask your bank what they do with your cash so you get interest.Then the truth shall reveal itself and you'll find it 😁.

Maybe you don't have enough cash because you keep voting against budget deficits ( net government transfers into the economy) That represents the private sector surplus to the penny.

Even though you think it is like a household budget deficit You keep voting against it and that's maybethe real issue here?

Who knows?

Or ask whoever looks after your pension what they did with your cash you gave them, so you can get a pension. Again the truth will reveal itself and you'll find it😁.

You must have insurance, what do you have, house insurance, car insurance , life insurance, travel insurance ?

Again, ask the insurance company you handed your cash over to what they do with it. Again the truth will reveal itself and you'll find it 😁.

You say you can't find it Jeremy. When the truth has been at the end of your face all this time. It's glasses you need not an education in money.

Posted by: Sun Of Alabama | Jun 29 2025 23:57 utc | 98

My reply to E was about crypto being unsuitable for international finance with the Hudson link being to his 2023 interview with Bill Black over the criminal nature of US wealth and finance. Nothing to do about Zionists or even war generally. Crypto as a front for fraud which was well explained by Warwick Powell several weeks ago was the substack link.

Posted by: karlof1 | Jun 30 2025 0:13 utc | 99

Posted by: Ahenobarbus | Jun 29 2025 23:02 utc | 96 Trotskyites can only win at trolling, not in the real world. Happy for you you're so easily satisfied.

Posted by: steven t johnson | Jun 30 2025 0:25 utc | 100