Randall Wray, Bard College

For months now, the Hillary campaign has vigorously argued that Bernie supporters have to fall in line to support the Democratic National Committee’s favorite candidate. Anyone not willing to jump to Hillary is a “Bernie Bro”—not willing to vote for anyone but Bernie. Why? Because, Trump. Forget the will of the people, the democratic process, or “voting one’s conscience”—Trump trumps all hesitation. We simply cannot afford to give Trump any chance of winning.

We need a Trumpbuster. Who you gonna call?

Hillary Clinton or Jill Stein?

Before reading any further, please first watch (or read) this debate between Bob Reich and Chris Hedges:

Who Should Bernie Voters Support Now?  Democracy Now! 27 July 16

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How Dallas Exposed the Blood Libels of the Police and Whites in the New York Times

Part 3 of my series on Race, Crime, and Policing

By William K. Black
July 31, 2016     Bloomington, MN

This is my third installment in my series of columns about race, crime, and policing.  I chose as my initial example of dangerous blood libels a New York Times contributor’s op ed.  I use also a NYT editorial about blood libels involving crime and race that demonstrates the editorial board’s hypocrisy and analytical failures.

The New York Times Spreads a Blood Libel Against LEOs and Whites

On July 11, 2016, the editorial board of the New York Times denounced a man for propagating “racial myths,” through a “garbled, fictional statistic,” “false equivalencies,” “defam[ation],” and “race-baiting.”  There were only three problems with the editorial.  First, the man they were denouncing made his unscripted remarks on an interview program, while the New York Times invited one of their editorial contributors to write an op ed dated July 7, 2016 that exemplified the characteristics that the editorial denounced.  The writer of the op ed presented no data, so he did not present a fictional statistic.  The racial myths, race-baiting, and false equivalencies of the op ed were so much worse than the talk show participant that his defamation degenerated into blood libels against LEOs and whites as a race.

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Policing as a Tool of Systemic Racism

Part 2 of my series on Race, Crime, and Policing

By William K. Black
July 31, 2016     Bloomington, MN

My introductory column in this series laid out the blood libels against police, policing, blacks, and whites that are doing so much harm to America.  This second installment provides a brief historical overview necessary to begin the discussion about the blood libels against Black Lives Matter, law enforcement officers (LEOs) and whites as a racial group.  I repeat my warning from my introductory installment that criminology produces hard truths and nuanced explanations that upset almost everyone.

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Three Blood Libels About Whites, the Police, and Black Lives Matter

By William K. Black
July 28, 2016     Kansas City, MO

The best way to lose friends and be vilified in America is to talk frankly about race, racism, violent crime, politics, gender, Black Lives Matter (BLM) and prosecuting police officers.  I am writing a series of articles on these subjects.  In the course of this series I employ my “hats” as criminologist and a professor who teaches economics, law, and regulation plus my spousal hat where I draw on my wife and her co-author’s work on employment and marriage.  As criminologists, we are used to upsetting people from all parts of the political spectrum.  The one-sided stories that dominate the discussion of these difficult issues virtually always deliberately exclude unpleasant and analytically critical truths long documented by criminologists.  I hope to show you how my field has found the answers to the challenges of policing in the United States to be complex and often paradoxical.

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Morality, Modern Money, and Climate Mobilization

Bill Black on The Real News – Boris Johnson

NEP’s Bill Black appears on the The Real News with Sarmini Peries discussing Boris Johnson. Johnson’s demonization of the EU and virtually all of its leaders in his role as an alleged journalist makes him the worst conceivable person to put in a top diplomatic post. Video below. Transcript available here.

A Travesty of Financial History – which bank lobbyists will applaud

Review of William Goetzmann, Money Changes Everything:
How Finance Made Civilization Possible (Princeton University Press, 2016)

By Michael Hudson

Debt mounts up faster than the means to pay. Yet there is widespread lack of awareness regarding what this debt dynamic implies. From Mesopotamia in the third millennium BC to the modern world, the way in which society has dealt with the buildup of debt has been the main force transforming political relations.

Financial textbook writers tell happy-face fables that depict loans only as being productive and helping debtors, not as threatening social stability. Government intervention to promote economic growth and solvency by writing down debts and protecting debtors at creditors’ expense is accused of causing an economic crisis (defined as bankers and bondholders not making as much money as they thought they would). Creditor lobbyists are not eager to save indebted consumers, businesses and governments from bankruptcy and foreclosure. The result is a biased body of analysis, which some extremists project back throughout history.

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A Perfect Example

By J.D. Alt

Recent news reports lament the on-going collapse of America’s coal industry―specifically the spectacular loss of jobs which is devastating not only families but entire local economies and communities. On a PBS news report, a woman who’d worked for a local mining company for thirty years teared up and asked the reporter, “What in the world am I going to do?” At a recent event sponsored by Wyoming Public Radio, attendees were asked to fill out 5X7 cards with suggestions about how to answer that question—how to replace the lost coal industry jobs. Under the banner “How to Diversify Wyoming,” the cards were pinned on a bulletin board for everyone to see and discuss. The suggestions ranged from eco-tourism to pot-growing to space-flight support―all good, healthy, creative ideas, (with the possible exception, I think, of space-flight). What suddenly jumped out at me, however―like a jack-in-the-box on a spring―is that implicit in every suggestion written on those 5X7 cards lies a huge, overpowering, built-in assumption about the way the world has to work:

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Democratic Party Platform 7/1/16 Draft Would Lock In Catastrophic Climate Change

Michael Hoexter, Ph.D.

The Brexit vote is being taken by some commentators as a sign that the basic competence of leadership groups throughout Western countries is in question.  Unfortunately not enough media attention has been paid, public concern raised, and action taken about the most massive and long-standing failure of the political leadership classes, a failure to protect by governments that threatens humanity itself.  Governments and government leaders have failed to lead on climate change, even as most recently in Paris, they have sworn to hold Earth’s surface temperature below 2 degrees above pre-industrial levels and target 1.5 degrees as the “optimal” goal.  This failure of leadership both in governments and also in the nongovernmental organizations that nominally address environment and climate is almost absolute and is terrifying to behold.

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BREXIT – Part 7: NYT Editorial Decrying the Vote

By William K. Black
July 5, 2016     Bloomington, MN

NYT Editorial Decrying BREXIT – Part 7

The NYT editorialized against the BREXIT vote, just in case the six columns it printed attacking the vote might not make it clear where the editorial board stood.  The editorial explained what it saw as the basis for the vote.

It was a cry of anger and frustration from more than half the country against those who wield power, wealth and privilege, both in their own government and in Brussels, and against global forces in a world that they felt was squeezing them out.

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