Segida
Report from Britain’s @SkyNews clearly shows Ukrainian forces concealing tanks behind civilian residential buildings.
Bideoa, hemen: https://twitter.com/i/status/1617904044407926785
oooooo
I’m back. We shall see for how long!
oooooo
Here is the Ukrainian fascist Jew-killer #Bandera with his #Nazi friends. You wave his flag if you want to. I just feel sick at your stupidity. #UkraineRussiaWar #Russia #Ukraine #GallowayShow
oooooo
This war and suffering could have easily been avoided if Biden Admin/NATO had simply acknowledged Russia’s legitimate security concerns regarding Ukraine’s becoming a member of NATO, which would mean US/NATO forces right on Russia’s border
(Scott Ritter-ek bertxiotua, ‘inbasioa’ hasi zeneko egun berean)
oooooo
Real Progressives@RealProgressUS
” . . . the only possible way for the federal government to fund anything, whether it be universal healthcare, a job guarantee, the military or anything else, is by literally spending into existence the dollars required to fund these things.” – https://realprogressives.org/2017-06-29-the-operational-reason-why-federal-taxes-are-not-revenue-for-the-federal-government/
oooooo
@tobararbulu # mmt@tobararbulu
Since this is a major topic of interest for laypersons, I’m going to explain operationally why your dollars paid in federal taxes are not spent by the federal government on anything.
The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government | Real Progre…
oooooo
The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government
(https://realprogressives.org/2017-06-29-the-operational-reason-why-federal-taxes-are-not-revenue-for-the-federal-government/)
Ellis Winningham
Operationally, it is impossible for the federal government to spend the proceeds of tax collections. Since this is a major topic of interest for laypersons, I’m going to explain operationally why your dollars paid in federal taxes are not spent by the federal government on anything.
There are measures of the so-called “stock of money’ in the economy.
M1 is cash and coin and checking accounts.
M2 is M1 plus savings accounts, and things like mutual funds and other time deposits.
Good so far? Great. Now we will go a bit deeper.
The US Treasury has an account from which it spends. This account is just a spreadsheet containing numbers. It is held at the Federal reserve but sits outside of the banking system. Nothing in this account is part of the stock of money. The reason for this is because in order for the numbers on the spreadsheet to become actual spendable dollars that make up the stock of money, they first must be injected by the government into the economy. The federal government injects the numbers into the economy by crediting individual bank accounts. Once the federal government credits individual bank accounts, what it credited to those accounts then becomes part of M1 or M2. What it spent is called High Powered Money (HPM), which is “government money’ and it is injected into reserve accounts held at the Federal Reserve. Only the federal government can create HPM.
Good so far? Fine. Now let’s dig even deeper.
Reserves held in reserve accounts at the Federal Reserve and all Federal Reserve Notes are central bank liabilities. So, when the government spends, its creating liabilities and those liabilities enter the economy winding up in the hands of people who spend them on goods and services. To cancel those liabilities, the currency must return to the federal government. How does the federal government ensure that the currency returns to the government so that it can cancel its liabilities?
Federal taxation.
When the government spent the central bank liabilities into the economy, some of them wound up in your hands either directly from the government or by income, gift, or some other means. When the federal government taxes you, it is placing a tax liability upon you. You settle your tax liability to the federal government by giving the federal government its liability (currency) back. Both your tax liability and the government’s liability are then cancelled. More simply, the US dollar is a tax credit. Once you use the credit to settle your federal tax liability, the liability and the credit are annihilated. They are cancelled. In other words, reserves and Federal Reserve Notes are nothing more than a promise on the part of the federal government to take back its own liability (currency) in exchange for settling any federal tax liabilities the federal government imposes on you. Since the federal government promises only to accept its liability (currency) to settle federal tax liabilities placed upon you and nothing else (gold, goats, chickens, weeds, small rocks, clay pottery), this is why you demand US dollars (the federal government’s liability) and why everyone uses US dollars to buy goods and services, and why goods and services are not for sale priced in gold, goats, chickens, weeds, small rocks, and clay pottery.
Doing alright? Great. If not, don’t panic. Just re-read the previous section until you understand it.
And now finally, why the dollars paid to the federal government are not revenue for the government to spend, or in other words, why you do not fund the federal government, but the federal government funds you.
Recall what we discussed in the beginning about the US Treasury’s account:
The US Treasury has an account from which it spends. This account is just a spreadsheet containing numbers. It is held at the Federal reserve but sits outside of the banking system. Nothing in this account is part of the stock of money. The reason for this is because in order for the numbers on the spreadsheet to become actual spendable dollars that make up the stock of money, they first must be injected by the government into the economy. The federal government injects the numbers into the economy by crediting individual bank accounts. Once the federal government credits individual bank accounts, what it credited to those accounts then becomes part of M1 or M2. What it spent is called High Powered Money (HPM), which is “government money’ and it is injected into reserve accounts held at the Federal Reserve.. Only the federal government can create HPM.
Let’s say that you use your checking account to pay your federal taxes. When you do this, the numbers in your checking account drop by the amount paid in federal taxes and are not transferred to any other entity within the banking system.
Thus, since federal taxation is not a transfer of money within the banking system, but rather, it is a removal of money from the banking system altogether, the money in your checking account is deleted from the banking system, and M1 is destroyed because of that.
Again – The “money’ in your checking account comprising M1 that was used to pay taxes was destroyed and now no longer exists as part of the stock of money.
HPM in a reserve account at the Federal Reserve is now deleted from the reserve account to settle the tax liability, because HPM is the only thing that will settle it. The US Treasury’s spending account, the contents of which are not part of the stock of money in the economy, is credited and so, the tax liability is settled and the HPM used to settle the tax liability is also destroyed.
The federal government simply cannot finance its spending operations with “money’ it has destroyed. In other words, the only possible way for the federal government to fund anything, whether it be universal healthcare, a job guarantee, the military or anything else, is by literally spending into existence the dollars required to fund these things.
And so, the notion that the federal government has no money of its own and must rely on taxpayers to give it some dollars, or that it must go out hat in hand borrowing dollars from private entities and other nations in order to afford to spend, is, operationally, an impossible condition.
All federal spending is dollar creation. All federal taxation is dollar destruction.
oooooo
oooooo
Every day I still get queries like “what exactly is NAFO?” Here’s an explainer of who’s behind the mad dog avatars, and how this shadowy operation crowd-funds war criminals.
oooooo
What year is it? 1941?
Txioa aipatu
Michael Tracey@mtracey
20 h
German foreign minister declares war on Russia
Bideoa, hemen: https://twitter.com/i/status/1618217167388053504
Readers added context they thought people might want to know
The foreign minister of Germany did not and has no constitutional power to “declare war.” See Arts 65a and 115 of the Basic Law. https://www.gesetze-im-internet.de/englisch_gg/englisch_gg.html#p0305
If a foreign minster’s use of the phrase “at war” was a declaration of war, Russia would have declared war on “the West” a long time ago. https://www.newsweek.com/russia-already-war-us-collective-west-lavrov-1770102?amp=1
oooooo
Readers added context they thought people might want to know
The foreign minister of Germany did not and has no constitutional power to “declare war.” See Arts 65a and 115 of the Basic Law. gesetze-im-internet.de/englisch_gg/en…
If a foreign minster’s use of the phrase “at war” was a declaration of war, Russia would have declared war on “the West” a long time ago. newsweek.com/russia-already…
Do you find this helpful?
oooooo
Erakutsi haria
oooooo
George Szamuely@GeorgeSzamuely
But hasn’t @jensstoltenberg told us repeatedly that NATO is not a party to this conflict?
Txioa aipatu
Russia Unplugged@UnpluggedRus
urt. 25
“We are fighting a war against Russia” – German Foreign Minister
Erakutsi haria
Bideoa, hemen: https://twitter.com/i/status/1618228732568928258
oooooo
She is the worst. The Greens are the worst.
Txioa aipatu
Russia Unplugged@UnpluggedRus
urt. 25
“We are fighting a war against Russia” – German Foreign Minister
Erakutsi haria
oooooo
Every day I still get queries like “what exactly is NAFO?” Here’s an explainer of who’s behind the mad dog avatars, and how this shadowy operation crowd-funds war criminals.
Erakutsi haria
oooooo
SCOTT RITTER: The Nightmare of NATO Equipment Being Sent to Ukraine
oooooo
Scott Ritter and Diane Sare talk about being criticized by the WSJ https://youtu.be/U85S9iC4-Bg via
youtube.com
Scott Ritter and Diane Sare talk about being criticized by the WSJ
Scott Ritter and Diane Sare talk about being criticized by the WSJ #scottritter #wsj #wallstreetjournal #ukra
oooooo
Sadly, the German people are starting to protest. Bad news Germans, as Angelina Baerbock said before, she does not care what you think because she does not work for you… She works for Biden.. Germany is nothing but a US colony. Game over.
oooooo
Strong resembles with Richard Nixon who said: “Trust me I have a secret plan to end the war in Vietnam”
Txioa aipatu
Disclose.tv@disclosetv
urt. 25
NOW – Chancellor Scholz asks concerned citizens to “trust him and the government” regarding the decision to send Leopard 2 tanks to Ukraine.
Bideoa, hemen: https://twitter.com/i/status/1618222380425547783
oooooo
No Cold War Britain@NCWBritain
It is another major escalation of the war in Ukraine for the US & Germany to be sending tanks to the warzone. This follows new pledges from Washington and the EU to send billions more in military aid. This is clearly a NATO proxy war and it endangers all humanity. Stop the war!
Oooooo
George Galloway@georgegalloway
TANKS, BUT NO THANKS – MOATS Episode 207 with George Galloway https://youtu.be/_f1fJLoJqM0 via
#Leopard #Leopard2 #German #WW3 #Ukraine #Russia #RussianUkrainianWar #Nato
youtube.com
TANKS, BUT NO THANKS – MOATS Episode 207 with George Galloway
GEORGE GALLOWAY ⎹ and The Mother Of All Talk Shows #MOATS EVERY SUNDAY 7PM GMT LONDON
11AM PST – 12PM MST – 1PM CST
“We are working closely with the Belarusian opposition” – Victoria Nuland She openly admits meddling in other’s country internal affairs
Bideoa, hemen: https://twitter.com/i/status/1618657777072885760
oooooo
“Spain joins Germany in sending the Leopard tanks to Ukraine”. The Spanish government has now outdone even Franco’s dictatorship, who only sent cannon fodder as part of the Blue Division to fight alongside the Nazis against USSR.
oooooo
George Galloway@georgegalloway
INTERVIEW: The #Ukraine war is a #US problem, but #Europe is paying the price. Around 40% of the ‘aid’ given to #Ukraine goes to #US weapons manufacturers, says #ChrisHedges Follow
Bideoa, hemen: https://twitter.com/i/broadcasts/1lDGLnNlpXPxm
oooooo
Just in : United Nations says sending Tanks to Ukraine is not a step towards peace — Al Arabiya
oooooo
A reminder that #Russia which liberated #Auschwitz78 was not invited to today’s commemoration of the liberation while #Germany which massacred the Jews there was a welcome guest…
Txioa aipatu
Jacque Line@MissJacque_line
urt. 26
‘Most Nazi-killed Jews Were Soviet’ President Putin Meets Jewish Leaders Pres. Putin said that Russia is categorically against whitewashing Nazi crimes, and stressed that the Moscow is pursuing such a policy that crimes like the Holocaust will not be repeated.
oooooo
oooooo
#MMT New commons mass media key to human survival@MikeHMMT
erabiltzaileari erantzuten
Jeffrey Sachs latest talk is excellent.
youtube.com
Jeffrey Sachs: The War in Ukraine and the Missing Context & Perspec…
In this episode of The Source, we talk with world-renowned economist and best-selling author Jeffrey Sachs about
oooooo
The Russian Ministry of Foreign Affairs said that the supply of long-range weapons to Ukraine will become a “red line” for the Russian Federation
oooooo
George Galloway@georgegalloway
#207 – Germany is at war with Russia. An old story with a new twist https://youtu.be/TLldKl3IBUA via
#Germany #Russia #RussianUkrainianWar #UkraineRussiaWar #Nato #USA
oooooo
“The little men in charge of our national and international affairs … and the war coalition of NATO led by the USA are leading us literally to disaster and nobody is doing anything to stop them.” Another outstanding monologue by
@georgegallowayon last night’s @MoatsTV broadcast
Txioa aipatu
George Galloway@georgegalloway
urt. 26
German #tanks racing across Ukraine to confront #Russia. Remind you of a… https://youtu.be/1oHtyNl09DA via @YouTube #WW3 #German #Ukraina #Ukraine #UkrainianArmy #Leopard2 #Leopard #LeopardsForUkraine
oooooo
Ukrainian national television says that tying people to trees and beating them is: “A tribute to great Ukrainian culture and a display of the free Ukrainian spirit”
oooooo
Bill Gates on Ukrainian govt: “One of the worst in the world, corrupt, controlled by a few rich men.”
Bideoa, hemen: https://twitter.com/i/status/1618692973340024832
oooooo
#Russia, who liberated Auschwitz, at a terrible cost to its Soldiers Is not invited to attend the commemoration of their liberation of Auschwitz. #Germany, who operated the mass Death camp, and and is now again sending tanks into #Ukraine to fight Russia, will be there.
oooooo
Never in my lifetime have I know a Labour Party that actually wants military confrontation with Russia…
oooooo
Maybe Russia needs to liberate it again…
oooooo
George Galloway@georgegalloway
For the avoidance of doubt…
Txioa aipatu
War Monitor@WarMonitors
urt. 26
Zelensky says he is “not interested” in negotiating with Putin — Interview via Sky News
oooooo
Remember what happened to Germany the last time they “fought a war against Russia”?
Txioa aipatu
Russian Market@runews
urt. 25
oooooo
Ritter’s back on Twitter and giving the former CIA Director a fat lip!
oooooo
We work closely with the Belarusian opposition- Nuland.
Bideoa, hemen: https://twitter.com/i/status/1618658187514875904
oooooo
Estonia is considering sending cluster bombs to Ukraine and is awaiting approval from Germany
oooooo
Protests in Munich over the German decision to deliver Leopard tanks for Ukraine.
oooooo
youtube.com
Zelensky Admits: “Ukraine War Is Good For Business!”
Ukrainian President Volodymyr Zelensky recently addressed a meeting of the Boca Raton, Florida Chamber of Commerce, during which he thanked the likes of Blac…