Daily Archive for February 11th, 2019

The Venezuela Myth Keeping Us From Transforming Our Economy

By Ellen Brown
February 09, 2019 – ellenbrown.com

USAModern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT, the government can spend what it needs without worrying about deficits. MMT expert and Bernie Sanders advisor Prof. Stephanie Kelton says the government actually creates money when it spends. The real limit on spending is not an artificially imposed debt ceiling but a lack of labor and materials to do the work, leading to generalized price inflation. Only when that real ceiling is hit does the money need to be taxed back, and then not to fund government spending but to shrink the money supply in an economy that has run out of resources to put the extra money to work.
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Using Parliamentary Time to Humiliate the USA

By Stephen Kangal
February 11, 2019

Stephen KangalI am getting the impression that although we are mere seven miles from Venezuela, have potential energy interests there to safeguard and cultivate we also have even more compelling economic, technical co-operation and diasporic interests within the USA that is in fact our largest trading partner and source of actual and promising huge investment prospects.

Why is T&T giving undue precedence to propping up illegitimate and dictatorial Maduro and humiliating the USA in our current foreign policy posturing?
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How the Media Manufactures Consent for Regime Change in Venezuela

Alan MacLeod looks at the role of the media in the regime change operation in Venezuela.

By Alan MacLeod
February 10, 2019 – Venezuelanalysis.com

Venezuela's FlagThe latest extraordinary chapter in the bizarre world of Venezuelan politics is playing out before our eyes. After winning the 2018 presidential elections, Nicolás Maduro was inaugurated in January, only for the head of the National Assembly, Juan Guaidó — a man whom, at the time, less than 20 percent of the country had even heard of — to declare himself President.
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