Lev Parmas, Giuliani’s buddy and source for anti Biden/Ukraine propaganda is testifying to congress in the Biden investigation right now.

He is testifying that the allegations he and Giuliani and Don made up about Hunter in Ukraine are not only false, they are part of a Russian counter intelligence produced disinformation campaign he was a part of.



He admits his “evidence” he found for Giuliani was anonymous letters generated in Russia and delivered in Ukraine he would forward to Giuliani and within hours would be all over Fox and OAN and the rest as “more proof of Biden corruption from credible sources”, but he knew there was no such evidence or even any credible accusations. He also now admits he was in a cult, forced to only accept information from a tiny circle and going outside that circle for information gets you thrown out of the circle. He admits he had to be arrested and prosecuted to hit the wall and realize what he had been doing himself, brainwashing himself by intentionally blinding himself to facts and only seeing what Don told him to see. Perhaps that’s what you need to wake up.

Here’s a bit about the MAGA NAZI (one of Don’s “good people”) just ousted from office in Enid Oklahoma.
https://www.youtube.com/watch?v=bU2QnI-Aorw
Don’t you think it’s odd that every single racist group from neo-Nazis to the KKK to white nationalist groups everywhere all exclusively associate politically with MAGA, but you still claim to not be racist? Never mind…that would require thought.

More evidence of MAGA selling out the country to our enemies for a crumb of a fake political attack against a private citizen while their official representatives sell state secrets and the identities of foreign agents and sell official policy (when Don knowingly in his words “saved his ass” when bin Salaman brutally murdered and dismembered an American journalist and diaper Don covered it up) and sold top tier weaponry to Saudi Arabia for $2 billion in personal payouts and they turn a blind eye.

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Congratulations, Trump has been pushing Ukraine to investigate American presidential candidates, and they've now announced that they are....
Sadly for him, what they're investigating is the spying on (and threats to) Yovanovitch directed by Giuliani, Lev Parnas, and Robert Hyde as step one of Trump's scheme to invite foreign powers to help him win reelection. D'oh!

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Tags for this video have been changed from 'Lev Parnas, Devin Nunes, coconspirator, Derek Harvey, fox watching hen house' to 'Lev Parnas, Devin Nunes, coconspirator, Derek Harvey, fox watching hen house, Maddow' - edited by BSR

Hi Lev! May memorable moments lord over your birthday today mate ... make some good times

The thumbnail image for this video has been updated - thumbnail added by oritteropo.

I believe it's going to be both, as implied by the [very brief] animation. It'll be a mag-lev train contained within a pneumatic vacuum tube or whatevs.

Still pretty neat stuff.
Is the future this or mag-lev...road maintenance is a big expense...we are going to be busy enough with the rising sea level..

*promote shark-lev!


(hmmm shark-lev.... sounds like some kind of futuristic shark-based transport system)

Yep. And he knows it. Pretty much all of Lev's videos are about his tendency to think too much.

Given his level of openness and the lack of therapy mentioned in his videos, I have to assume he isn't getting any. Too bad.

Lev thinks WAY to much and might want to see a therapist. He's gonna drive himself crazy. I often overthink also. Not half as bad as Lev seems to, but still way to much for my well being.

(redacted)

Apologies, I got carried away... wall of text incoming.

@RedSky

I agree, monetary policy at low rates has very little to offer in terms of economic stimulus. Then again, the focus almost solely on monetary policy is part of the problem. Fiscal policy can have a massive impact, both directly (government purchases of goods and services) and indirectly (increase in automatic stabilizers). But for that you either need to be in control of your central bank, so that you can engage in Overt Monetary Financing ("printing" money). Or you need the blessing of the private banks, which is particularly true for a Vollgeld system.

The budget is the core of a parliamentary democracy, and to be at the whim of the folks at Deutsche Bank, HSBC or Credit Suisse -- no, thank you very much. We saw how that played out in Greece.

Anyway, the central bank can do miraculous things: if it provides funds to the democratically elected body in charge of the budget, aka parliament/the government. Trying to "motivate" the private banks to stock up on cheap reserves to stimulate lending is just a sign of ideology.

The great Michal Kalecki, in his essay The Political Aspects of Full Employment, summarized the general issue of government spending quite clearly. The industrial leaders stand in opposition to government spending aimed at full employment for three distinct reasons: a) dislike of government interference in the problem of employment as such; b) dislike of the direction of government spending (public investment and subsidizing consumption); c) dislike of the social and political changes resulting from the maintenance of full employment.

I'd say control over your currency is too great a tool to leave it in the hands of unelected managers. Clement Attlee knew very well why he had to nationalize the Bank of England in '46.

Back to the issue of inflation, I'd like to make two points. First, how big a role should inflation really play when talking policy. Second, what's the influence of a central bank on inflation.

Where does it come from, this focus on inflation. People usually talk about government spending when discussing inflation. Private spending is rarely brought up, even though it can be just as inflationary. So let's ignore private spending for a moment and talk purely government spending: should a deficit/surplus not be judged primarily by how well it helps us achieve our macroeconomic goals? Or more clearly, why should we sacrifice full employment or our general welfare on the altar of inflation? Yes, that's over the top. But so is the angst of inflation.

I'd say let's stick with Abba Lerner's concept of functional finance and judge deficits/surpluses purely by how well they help us achieve our macroeconomic goals. Besides, the US has run massive deficits during the GFC, so much in fact, that a great number of monetarists saw hyperinflation just around the corner. Still waiting for it. Same for Japan. Massive deficits... and deflation.

As long as spending, both private and government, doesn't push the economy beyond its limits (full employment, real resources, production capacity), out-of-control inflation just doesn't materialize. Plus, suppressing inflation is actually one thing central banks can do quite well. Unlike causing inflation, which both Japan and the EU are showcases off. Draghi can dance naked on the table, monetary policy (QE, mainly) won't push inflation upwards.

Which brings me to the second point: what's inflation, what's the cause of inflation, how can central banks manipulate it.

CPI is often used as a measure of inflation, but I prefer the GDP deflator. CPI doesn't account for externalities that you cannot influence, whatever you do. Prime case: the price of oil. Monetary policy of the Bank of Sweden has no influence on the price of oil. The GDP inflator, however, accounts for every economic activity within your currency zone -- much more useful.

General theory says, this measure of inflation goes up when demand surpasses supply. And vice versa. The primary factor of demand is domestic purchasing power, therefore wages. If you suppress wages, you suppress inflation. If you push wages, you push inflation. More specifically, you can see a direct correlation between unit labour costs and the GDP deflator in every country at any time. Here's a general graph for multiple countries, and the St. Louis FED provides a beauty for the US.

That's why it's easy for central banks to combat inflation, but almost impossible to fight deflation.

Hover boards fly by magic. Meaning something akin to mag lev that glows blue and isn't too hot and hasn't been discovered/invented yet. We've known fan's would do the trick since whenever, just someone, (these guys), finally caved in and went full fan. It's like filling a box full of ice instead of inventing the refrigerator.

Please explain the difference.

Maybe they didn't invent the mag lev board you think of when you hear the words 'hover board', but they certainly invented a working, buildable hover board and have it for sale.
It's way more of a hover board than the 'hover boards' with wheels that are catching on fire all over....it's a board, and it actually hovers.

Aladdin invented the hoverboard concept. ;-)