Notices by GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)

@pluralistic

An economy all about services… that’s what happened to US manufacturing.

America is Canada’s China… 😶 💀

“ Canadians are very reliant on American imports of finished goods. That's another legacy of NAFTA: it crashed Canada's manufacturing sector. Canadian manufacturing companies treated the US as a "nearshore" source of non-union labor and weak environmental and safety rules, and shipped Canadian union jobs to American scabs. Canada's economy is supposedly now all about "services" but what we really export is stuff we tear out of the Earth”

:o @pluralistic
🧵
https://pluralistic.net/2025/01/15/beauty-eh/

@Npars01 @Crispius @TCatInReality @GottaLaff

I’m going to push back on you on this one. Income taxes don’t pay for anything. Per MMT, a monetary sovereign issues and spends its own currency. The US summons or provisions money into existence when Congress agrees on a budget. The money is provisioned in that process.

That money is the stuff in our bank accounts. In the federal budget deficit and money to the economy. Our federal taxes delete money from the economy.

@TCatInReality @Npars01 @Crispius @GottaLaff

MMT describes how the monetary system of the currency sovereign work. Full stop. Monetary inflation only occurs when the government adds money to an economy at full employment. And I will stress here there are many Sources of inflation, such as profiteering that have nothing to do with the amount of money in the economy.

The federal government funds the federal government, not taxes. Debt ceiling doesn’t matter. It doesn’t change where $ comes from

@TCatInReality @Npars01 @Crispius @GottaLaff

I’d agree to say that the legislature has figured out a way to threaten the US with default on its own currency. It’s a crazy thing and probably the only thing I think is rational out of Trump at this point is a desire to get rid of the ceiling.

If they don’t want that much money in the economy, best way to do it is not to spend as much, or collect from billionaires and corporations more.

@Natasha_Jay

Life finds a way.

11 min

The note at the end of this video remarks that indigenous populations cultivated food forests, a concept of trees that provide fruit and nuts, indefinitely with zero care. they don’t need fertilizer. They don’t need water. They don’t need pest control.

It’s an example of food sources that are fossil fuel free and could be an integral part of every urban landscape.

https://www.youtube.com/watch?v=qQZTmb_1gk4

#permaculture #us

@overholt

I am given to understand that Copernicus used epicycles just as the geocentric model had before it because it was only after Kepler where elliptical paths were considered.

For those of you with the math background, you would recognize epicycles as version of a Fourier transform. Epicycle model was quite successful predicting the location of planets in the night sky. Which offers a good lesson that the predictive models do not have to be casual.

@notsoloud @emptywheel.bsky.social

I agree with this. the dog has caught the car. The Republicans have total control of the US government and will continue to cement their dominion of it.

They have so many targets to play with right now. the largest being immigrant communities, regardless of legal status from documented to naturalized citizen.

They will make a target of any organization. Traditionally that’s trade unions and church groups..

@dan613 @notsoloud @emptywheel.bsky.social

Yes, there’s some popcorn worthy news interview of a dairy farmer who freely states that half his workforce is not from the US. When asked what would happen if there were mass deportations and he said well, thousands of farms would go bankrupt, Crops would rot in the fields and within days there would be no food on American shelves. But he voted for Trump because that would be too crazy to inflict.

With Steve Bannon openly going to war with Elon Musk I want to suggest that America’s old money, Kochs, Mercers, Bradleys, Cargills Are going to go in for a bunch of foreign usurpers in the form of the PayPal mafia that is Thiel Musk and Sacks.

@br00t4c

This is going to be so fun to watch.

And it will be an interesting task to see whether or not Ben can defeat infinite money.

Ban himself as bank riled by the Mercer family and got it started through seed funding from Robert Mercer.

Robert Mercer Was one of the earliest members of the Koch network, that coalition of negatives billionaires formed to destroy America and kill its people.

@KuteboiCoder @RichardJMurphy

I haven’t read that. I do know that they would capture people from neighboring communities to work in this effort. This is something I learned only recently so it’s put diminish the shine on the system.

The ability of people and power to subjugate others is inexhaustible. That kind of behavior simply has to be forbidden by societies, cause somebody there will always be somebody willing to try it

@RichardJMurphy

Growth is the process of economic consolidation. Economic consolidation requires energy, intensification, and because consolidation and intensification go hand-in-hand that leads to an inexorable rise and energy use.

The single, most effective in fact the only effective measure to reversed. The destruction of the planet is to promote re-localizing economies. Human ingenuity has been devoted to consolidation not to comfort and ease within a local region.

@RichardJMurphy

The cultures of the Pacific Northwest had a very different kind of economy. It was largely centered around potlatch.

Which can best be summarized as competitive gift giving. Communities devoted themselves to producing material goods to be distributed to other communities in lavish gift giving.

In its most extreme case achieved and would show off as wealth by not only showering gifts on his guests, but burning piles of goods In a display of super abundance

@hannu_ikonen

We should just refer to system of business that deliberately kills 70,000 people a year and is quite openly seeking to deny people medical care that they paid insurance for as an act of murder. Or treat it as it were physical assault as well as theft.

@paninid @laprice

This is correct typically a rotation is necessary for a single crop farming because by nature deplete the soil of nutrients, the choice is either to apply artificial nutrients such as fertilizers, but if you plant other crops, particularly those that can fix nutrients such as lagoons, and then the soil fertility is restored, and you go back to your cash crop. The other alternative is to put cow poop on the soil.

@deathkitten @mekkaokereke @donray @YellowReadis

For those of us going about our lives that day it was unbelievable. I was driving to my mom‘s, on the Concord side of the hills, from the Bay Area and marveling at the rainfall of ash. I first didn’t understand, then I saw the hills across the bay

The response to Peter Thiel’s drivel is refreshing, because the comment section is uniformly critical of one of the most evil men in power today.

(Amazingly not paywalled)
https://www.ft.com/content/a46cb128-1f74-4621-ab0b-242a76583105#comments-anchor

#PeterThiel #uspol #plutocracy

@glynmoody

I have some hope because German politicians are already telling Musk to gfh.