Wholesale EU immigration has destroyed conditions for British workers

Sama meelt oli ka Bernie Sanders, kes ütles, et “open borders” poliitika on meeltmööda Kochi vendadele ja rahvusriik niisugust poliitikat pooldama ei peaks.

 

Rubriigid: English, Estonian | Lisa kommentaar

GEOPOLITICS: The Billionaire Who Foresaw President Donald Trump’s America in 2017

 

 

Rubriigid: English | Lisa kommentaar

Alt-right on postkeinsismi lembeline?

Minu oletused alt-right’i kohta paistavad tõesed olema. Nad on majanduslikult vasakul, tõenäoliselt on  nende seas palju endisi libertarian ja Austria majanduskoolkonna fänne. Näiteks Spencer (see etno-natsionalist) ütles hiljutises intervjuus, et ta pole ülemaailmse sotsialismi vastu.

Nüüd räägib VoxDay, et ta kirjastab Steve Keen’i. Steve Keen on postkeinsist,  MMT sõber. Ma pidasin alt-right’i alguses vaid reaktsiooniliseks jõuks SJW-smi vastu. Nad toetasid Trumpi ja nende seas oli palju rassiste ning antisemiite, majandslikult tundusid nad pimedad olevat. Nüüd võib nii juhtuda, et alt-right hakkab ka ilma Trumpita oma elu elama? Kui nad Steve Keen’i raamatust peaks aru saama, siis see annab neile relvad majanduspoliitikas.

16:40

Rubriigid: English, Estonian | Lisa kommentaar

Thank you Kemi Badenoch

Pilt | Posted on by | Lisa kommentaar

Toetan Trumpi

 

Rubriigid: English, Estonian | Lisa kommentaar

Brüsseli Poola konfrontatsioon

Poland to LEAVE EU? Brussels forces Poles to edge with threat to PUNISH nation for defying

An opposition Polish politician said the EU could see what was happening in the country and accepted the threat that Poland could be forced out of the bloc.

Warsaw has been given a week by the European Union to halt judicial reforms after it said it would put courts under direct government control, or face punishment for undermining democracy.

Last week, the Polish parliament adopted a new law which would allow them to choose the successors of 15 judges of the National Council of the Judiciary (KRS).

Speaking on Newsnight, Kamila Gasiuk-Pihowicz said the EU could see what the Ruling party are trying to do to the Polish constitution.

Poola reformiplaanid on vastuolus võimude lahususe printsiibiga. Demokraatia seisukohalt on seekord õigus Brüsselil.

Rubriigid: English, Estonian | Lisa kommentaar

Kreeka on EL-i koloonia

Kreeka töötus on kahanenud 21,7%-le praeguseks, oli 27,9% 2013. Neid on töötute seas 33%, kes otsivad tööd välismaal. Rohkem kui üks neljast (28%) ei ole tööturul aktiivsed (heitunud on ehk korrektne eestikeelne termin).

Brain Drain Gathers Pace as One in Three Greeks Looks for a Job Abroad

According to the annual survey by the firm Adecco titled “Employability in Greece,” the brain drain phenomenon has been increasing over the last three years.

In 2015 only about 11% of unemployed respondents said that they were actively looking for a job abroad. This figure increased to 28% in 2016 and reached 33% this year.

The responses show that the unemployed have different reasons to seek work abroad. Whereas in 2005, the main reason was the prospect of a better wage, in 2016 and 2017 the main reason given were better career opportunities……

Rubriigid: English, Estonian | Lisa kommentaar

Prantsusmaal muutusteta

Bloomberg

Macron Asks Local Government to Save $15 Billion to Cut Deficit

 

Rubriigid: English | Lisa kommentaar

Neoliberaalne globaliseerumine kollapsib

Seda tunnistavad ka mitmed prominendid: neoliberaalne globaliseerumine on läbi kukkunud. EL-i projekt on üks osa sellest. Järgnev artikkel räägib Davosest toimunust:

Globalisation: the rise and fall of an idea that swept the world

….In a panel titled Governing Globalisation, the economist Dambisa Moyo, otherwise a well-known supporter of free trade, forthrightly asked the audience to accept that “there have been significant losses” from globalisation. “It is not clear to me that we are going to be able to remedy them under the current infrastructure,” she added. Christine Lagarde, the head of the International Monetary Fund, called for a policy hitherto foreign to the World Economic Forum: “more redistribution”. After years of hedging or discounting the malign effects of free trade, it was time to face facts: globalisation caused job losses and depressed wages, and the usual Davos proposals – such as instructing affected populations to accept the new reality – weren’t going to work. Unless something changed, the political consequences were likely to get worse…..

Siinkohal tasub meeles pidada, et kes või mis on muutmas seda narratiivi. Trumpi valimisvõit ja Brexiti referendum. Viimasele aitas kaasa ja kutsus üldse esile UKIP.

Raske on öelda, et kas see nüüd siis reversseerub, vaevalt. Küll aga tunnistavad vabakaubanduse pooldajad, et lubatud heaolu kasvu ei ole globaliseerumine kaasa toonud.

Rubriigid: English, Estonian | Lisa kommentaar

Alternatiiv modernsele regressiivvasakpoolsusele

Kui sa oled vahest mõelnud, et näiteks täistööhõive poolt sa tunned end olevat, samuti tundub see müüt sulle vabast turumajandusest kuidagi fake olevat, aga SJW, kolmanda laine feminism ja regressiivvasakpoolsus koos glabaliseerumise, identiteedipoliitika, massimmigratsiooni, lahtiste piiride ja kultuurivasakpoolsusega sulle peale ei lähe, siis võib olla pakuvad sulle huvi järgmised lingid:

Alt left:

Alternative Left on Facebook

Alt-Left Closed Facebook Group

Alt-Left on Google+

Alternative Left: For the Freedom Loving Leftist

Samizdat Broadcasts YouTube Channel

Realist Left:

Realist Left on Facebook

Realist Left on Reddit

Realist Left on Twitter @realistleft

Realist Left Blog

Lord Keynes on Facebook

Realist Left on YouTube

 

üks lõik iseloomustuseks:

Being leftist is all about speaking up and saying what needs to be said.  Being leftist is about solidarity and an injury to one being an injury to all.  There’s no room for cups full of white male tears in a world being ground to dust under corporate globalization’s iron heel.  We don’t have time to waste on abstract social constructs like “privilege” and “patriarchy” when very real oppression is a measurable political and economic reality for too many people in the real world, including the poor of every race or gender in our own back yards.  And like the original Samizdat that called the Soviet bloc out on its regressive bullshit back in the 1970s and 80s, calling out today’s regressive left – and right – for failing to live up to the values of the enlightenment is going to be what Samizdat Chronicles will be all about.

Rubriigid: English, Estonian | Lisa kommentaar

Warren Mosler on Greece

Rubriigid: English | Lisa kommentaar

Head ja halvad eurofiilid

Ma loen tihti vasakpoolsete blogisid ja arvamusi, enamus MMT-lasi on tsentrist vasakul tavapäraste hindamiskriteeriumite alusel. Seoses eurotsooni ja euroga leiab palju arvamusi, kus süüdistatakse Saksamaad. Näiteks räägitakse seoses Macroni valimisvõiduga, et Prantsusmaa presidentidel on nüüd kombeks kohe valimisvõidu järel Merkeliga kohtuda (ka Hollande tegi seda). Et oma bossidelt reformiplaanide heakskiit saada, mis jäädavalt olevat “ei”, sest Saksamaa ei tahtvat keskset fiskaalvõimu eurotsoonis, mis võiks eurotsooni probleemid lahendada. Tõsi, mokaotsast mainitakse ka, et see ei pruugi ka sobilik üldse olla riikidele Euroopas, et Euroopa Ühendriigid võibki olla lihtsalt utoopiline unistus. Sellest hoolimata jääb sellistest sõnavõttudest läbi kumama ja domineerima idee, et halb Saksamaa ning  võlgnikriikide probleemides on süüdi just Saksamaa.  Saksamaa on tõesti sellele vastu ja Weidmann on korduvalt nimetanud seda halvaks ideeks. Ja siis muidugi kohtab ka neid, kelle analüüs ei ole üldse nii sügav ning nad süüdistavad otsesõnu ilma pikema jututa Saksamaad eurotsooni kasinuses. Minu meelest on Weidmanil õigus, poliitiliselt ja kultuuriliselt ei ole see sobiv lahendus Euroopa jaoks. Ja nüüd jõuame vana järelduse juurde, olgu tema nimeks Hollande või Macron, ükskõik kui ilusal häälel sa lausud: euro on meie raha. Inimestelt Euroopas pole sul mandaati, et Euroopa Ühendriike luua ja rahvusriikide suveräänsusest loobuda.  Ja sa tead, kui “hea” ja “meie raha” see euro nüüd siis on. Jätkusuutlikku heaolu (madal tööpuudus, kõrge majanduskasv) euro ei võimalda. Nüüd lasub süü selle jama eest nendel, kes arvasid, et võivad rahvale valuutaliidust kärbseid pähe ajada. Sul ei ole mingit moraalset õigust nõuda Saksamaalt või ükskõik milliselt riigilt, et too rahvuslikust suveräänsusest loobuks.

Mis puudutab tehnilist poolt, siis tänaseks ei ole lahendusele lähemale jõutud poliitiliselt. Kas see aastaid kestev tegevusetus peaks meis usaldust äratama ja võiksime veelgi rohkem otsutusõigust loovutada EL-le? Tulevikus saadakse EL-s paremini hakkama ja muretsetakse ka tegelikult inimeste heaolu üle mõnes perifeerses liikmesriigis? Kui sa usud, et sellisel retoorikal on  tulevikku, siis võid EL-i tulevikku panustada.

Eurozone faces doom no matter how hard France and Germany try to save it, warns top investment bank

 

Rubriigid: English, Estonian | Lisa kommentaar

ECB RESEARCH BULLETIN NO. 36

ECB RESEARCH BULLETIN NO. 36

Monetary-fiscal interactions and the euro area’s vulnerability

 

Rubriigid: English | Lisa kommentaar

Erapooletu ajakirjandus

Üks pilt ütleb rohkem kui tuhat sõna. Selline näeb välja erapooletu ajakirjandus peale seda, kui Georgias on demokraat vabariiklasele kaotanud valimistel.

Rubriigid: Estonian | Lisa kommentaar

NIRP

Bangor Business School Working Paper

Did Negative Interest Rates Impact Bank Lending?

The coefficient on NIRP is sizeable, negative and statistically significant at the 1% level, indicating that countries in which central banks implemented NIRP experienced a decline in total bank lending of around 7.4% relative to those countries in which central banks did not follow this policy.

 

NIRP- Negative Interest Rate Policy

Rubriigid: English | Lisa kommentaar

Modern Money and the Obsession Over Fiscal Consolidation

by Wire

Modern Money and the Obsession Over Fiscal Consolidation

…In an earlier article in The Wire, I had elaborated one of the most fundamental tenets of modern money theory (MMT): the state, unlike households and firms, does not face a budget constraint. Financially speaking, a state which issues its own fiat currency (like India, Japan or the US but not Greece or Spain) can run deficits in its own currency of 3%, 15% or even 150%. It does not face a solvency issue, although there will be other important economic repercussions. Nonetheless, as a first step, it is critical to dismiss the notion that setting a fiscal deficit target arises from concerns over solvency per se. If deficit targets are emanating from the other economic repercussions – specifically inflation and/or balance of payments deficits – then there is no necessity of a blanket rule on deficits or debt like 3% or 10% of GDP respectively. The deficit is a policy variable that must be contextualised. While a deficit of 1% could trigger inflation in one situation, a deficit of 10% may have little impact on the price level (as in the case of Japan over the last 25 years and the US more recently).

There has also been a situation in history – prior to 1971 – when “modern money” was actually administered for a few years in the UK during the First World War. Although war is an extreme event, it does illustrate some fundamental misconceptions about fiscal deficits and modern money which neoliberal macroeconomists continue to cling to. Issued just one day after Britain declared war on Germany, the Currency and Bank Act of 1914 “permitted the [UK] Government to print notes as legal tender in place of gold sovereigns and half-sovereigns.” The gold standard was de facto suspended. The notes or treasury currency were made legal tender so that obligations to the state (payment of taxes, duties, fees and fines) could be settled with these notes. But since printing of the currency would take time, the Act even allowed postal orders to “temporarily be current and legal tender in the United Kingdom in the same manner and to the same extent and as fully as current coins.”…

Rubriigid: English | Lisa kommentaar

Roy Jenkins and Tony Benn debate : The European Communities membership referendum, 1975 – Panorama

Tony Benn 🙂

 

 

Rubriigid: English | Lisa kommentaar

Drain Le Swamp

Võib olla oled jälginud presidendivalimisi Prantsusmaal. Marine Le Pen võidab küsitluste järgi esimese vooru ja kaotab teise vooru Emmanuel Macronile. Praegu paistab, et valik tuleb nende kahe vahel. Macron on kirjade järgi vasakpoolne, minu hinnangul ei erine ta eriti Hollandest. Globalist ja euromeelne neoliberaal.  Situatsioon on mõneti sarnane USA presidendivalimistega. Kui Trumpil ei olnud poliitilist programmi ja ta lihtsalt mõmises, et tema on tark ja teeb head tehingud, siis Le Peni programm on minu meelest parim kõigist teiste kandidaatide plaanidest. Siin võid inglise keeles seda lugeda.

Le Pen tahab NATOst välja astuda, mis tõenäoliselt meile kui kõvadele NATO pooldajatele ei tohiks meeldida. Prantsusmaa on varem NATOst välja astunud ja ma leian, et ühtne NATO on tugevam ja tegutsemisvõimelisem. Aga see selleks, Le Pen on ainuke kandidaat, kes lubab eurost loobuda. See on väga vajalik samm.

Ma ei näe kuskilt otsast, et Le Pen oleks paremäärmuslane või rassist. See on ilmselt seotud partei minevikuga. Ta on natsionalist, ma ei toeta kõike tema immigratsiooni ja kodakondsuspoliitikas, kuid sellest hoolimata on ta minu meelest ainuke realistlik valik. Tema vastastele on euro ja EL-i lagunemine mõeldamatu, minu meelest möödapääsmatu. https://en.wikipedia.org/wiki/Marine_Le_Pen

Her social program and her support of SYRIZA in the 2015 Greek general elections have led Nicolas Sarkozy to declare her a far-left politician sharing some of Jean-Luc Mélenchon’s propositions. President François Hollande said she was talking “like a leaflet of the Communist Party”. Eric Zemmour, journalist for the conservative newspaper Le Figaro, wrote during the 2012 presidential election that the FN had become a left-wing party under the influence of Florian Philippot. She has also relaxed some political positions of the party, advocating for civil unions for same-sex couples instead of her party’s previous opposition to legal recognition of same-sex partnerships, accepting unconditional abortion and withdrawing the death penalty from her platform..

Le Pen on jah tugevalt vasakul. Fillon on tänu skandaalidele pildilt väljas, tema on paremkonservatiivne. Aga mis tõeliselt vasakpoolsetega on? Need unistavad ja räägivad ebarealistlikest asjadest nagu tavaliselt. Benoît Hamonil on geniaalne plaan roboteid maksustama hakata (miks mitte tolmuimejaid?). Mélenchon meenutab mulle kergelt Tsiprast, kes eurost loobuda ei taha, aga kasinuse lõpetada lubab. Erinevalt USAst, kus noored Trumpi ei toetanud, on Le Pen 18-24 aastaste seas kõige populaarsem kandidaat.

Rubriigid: English, Estonian | Lisa kommentaar

Put your pussy hats on

Number üks ikoon punkmuusikas toetab Brexitit ja Trumpi.

Politico

Sex Pistols’ Johnny Rotten backs Brexit, Farage, Trump

Rubriigid: English, Estonian | Lisa kommentaar

Brexit: the end of an error

Brexit: the end of an error

 

The EU60 hashtag on Twitter is a potent reminder of why I voted to leave. It is radiating hypocrisy. More than anything the EU is a deranged cult. The Europe the true believers live in is not one I recognise at all. I do not see this malign entity as a guarantor of peace and prosperity. Quite the opposite in fact.

The modus operandi of the EU has always been to capture political institutions in the belief that consent would eventually follow. Only when their agenda is complete do citizens get any kind of say in it. This is why Maastricht and Lisbon were never put to a popular vote. Our rulers knew that we would say no. And we got off lightly.Against all economic wisdom the EU pressed ahead with its vanity currency and now Greece is a broke and squalid internment camp. The rest of Europe has seen a decade of stagnation with no promise of recovery.In that we must ask when do the peoples of Europe get a say? When exactly do we see this exercise in consultation? When shall we have democracy? At what point is it turned over to the people? And what price must we pay until then?For this, the EU has no answers. A new Jerusalem is always just only one more treaty away. Paradise awaits but first you must surrender more power……

Rubriigid: English | Lisa kommentaar

Joan Muysken Lecture: “The Eurozone, Groupthink and denial on a grand scale”

Rubriigid: English | Lisa kommentaar

On ikka kuradi fašistid

Canada ”At Front Of Queue” For Brexit Trade Deals

As the United Kingdom prepares to begin its formal negotiations to leave the European Union, the British government is looking to the Commonwealth for new business opportunities, and reports indicate that Canada is at the front of the queue….

Rubriigid: English, Estonian | Lisa kommentaar

How many poor?

Dave Rubin Retweeted Bernie Sanders

How many poor people live in your three houses? They’d probably like the new one on the lake…

Dave Rubin added,

Rubriigid: English | Lisa kommentaar

Ajastule sobivat muusikat

Rubriigid: Estonian | Lisa kommentaar

Public Debt In The Eurozone: A Political Problem

by Thomas Fazi

Public Debt In The Eurozone: A Political Problem

…It is unparalleled anywhere else in the world. In “normal” countries – that is, advanced countries that control their currency – there is a strict operational (if not political) relationship between the central bank and the government, where the former tends to support the decisions made by the fiscal authorities. There, public debt is almost never a problem. We have the example of Japan: even though the country has the highest debt-to-GDP ratio in the world (close to 230 per cent), the central bank in recent years has effectively written off a huge chunk of the debt – more than 40 per cent of the country’s public debt has now been permanently buried in the Bank of Japan’s balance sheet – and has just announced that it will keep interest rates on government securities at zero for the foreseeable future, to reduce the government’s interest burden and help it pursue more expansionary fiscal policies. And guess what? The country is close to full employment. So much for the problem of excessive public debt.

This is the opposite of what happens in the Eurozone, where the central bank essentially tells governments: we will help you service the debt but only if you agree to implement austerity and forego any form of expansionary fiscal policy. This goes to the heart of the problem: public debt in the Eurozone is a political tool – a disciplining tool – used to get governments to implement socially harmful policies (and to get citizens to accept these policies by portraying them as inevitable). We saw this at play in Italy, in 2011, when the ECB effectively used its monopoly currency-issuing powers to pressure a democratically elected government into resigning. And, of course, we saw it in Greece during the infamous summer of 2015, when the ECB paralysed the country’s banking system by cutting off its banks’ access to central bank liquidity……

Rubriigid: English | Lisa kommentaar