John Henry Profile picture
Jan 24 4 tweets 1 min read
"Federal taxes don't fund federal spending."

This is a fact, and it means we don't have to wait for Jeff Bezos or Elon Musk to approve of tax policy before implementing universal single payer health care, publicly funded higher education, or anything else.

Get with the program.
An MMT-informed economist can explain the fine details of this and all the arcane formulae and speciaized knowledge required to truly *understand* it, but that's not me. My job is to understand enough of this stuff to be satisfied it's legit, and translate the basics to laypeople
You may, but do not need to, truly understand the fine details. What you need to understand is that about 70% of the political rhetoric around economic policy is *absolute bullshit* based on obsolete lies, and you have to un-learn them to truly wield your power as a citizen.
Good morning, Dora @threadreaderapp. Unroll this for me if you would please? Thanks. -LL

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More from @JohnHenry_US

Jan 22
How to ID #clickbait, contrast it to genuine #activism-#MutualAid-info dissemination, and stop funding grifters: a masterclass in three tweets. Thread, [1/3]:
This is clickbait, from one of the biggest grifters in left-wing spamtivism. They pretend they're giving you important information, but what they're really doing is trolling for ad revenue via web traffic/brand ubiquity: [2/3]
And this is how a trustworthy and genuine activist and helper actually gives you important information: "Hey, JH letting you know Mark Cuban has launched a low-cost online pharmacy at costplusdrugs.com! Ex: Abilify retail $660/scrip, C+ $6/scrip!" [3/3]

FINIS
Read 5 tweets
Oct 14, 2021
So @cenkuygur just toasted half the respect I have for him by asserting that @POTUS has "done nothing but a Covid relief bill."

"What has Joe Biden accomplished?" A thread. ->
Raised minimum wage for fed workers & contractors to $15/hour. Reversed Trump's "muslim ban." Sanctioned and expelled Russian diplomats. Reversed authorization of sanctions against ICC officials. XO to review discrimination issues in education. XO to promote & expand voter ->
access. Revoked multiple Trump XO deregulations plus Trump attempts to cut funding to cities that allow BLM protests and increase means testing for welfare programs. Revoked Trump limitations on legal immigration. XO for 100-day review of critical supply chains, + 1yr ->
Read 14 tweets
Oct 13, 2021
And naturally within an hour of cashing out my crypto, every coin I owned has jumped up between 1 and 12 % after days of consistent losses.

I'm sure sick of living in a reality where the universe consistently fucks me in the most personal yet utterly random ways possible
And also I'm sorry I'm so negative. This shit's been building up for a long time - a lifetime in some ways. I'm sorry and I really don't mean to DISRESPECT anyone, but frankly for the very slim percentage of us with some wit and observational ability, it's really enraging
that the muggles have, for DECADES, refused to listen to every reasonable warning, refused to take necessary steps to curtail disaster, refused to even pay attention to the ongoing coup under their nose, and now that it's coming down on their asses, it'll be up to us to fix it.
Read 5 tweets
Oct 12, 2021
Listen to me now, because I'm getting out of this business and won't be doing a lot of followup.

Capitalism will ALWAYS, given its way, lead to fascism. ALWAYS. The only thing stopping any capitalist system from fascism is regulations restraining capitalism. 1/x
Profit motive is, inherently, an conflict of interest. Always. Every decision you make factoring profit is a compromise you've made on the quality of whatever you're doing. Low-bid contracting, "that one's what I want but this one's cheaper," these are all compromises. 2/x
Everything you think you know about money is wrong. Learn MMT and for the love of god follow @wbmosler, @StephanieKelton, and @elliswinningham. Those three people combined understand money better than any other thousand people on the planet. The entire future of 3/x
Read 5 tweets
Oct 12, 2021
Wow. Got blocked for that - a joke, made ironically.

Sure doesn't take much to find out your heroes are assholes.
Another "activist" that paid and spammed their way to popularity. "Heroes" is way overdone, honestly, but I got an occasional giggle out of her content. WTFever, just another example of why I'm out of the activism business after 4 decades.
Read 4 tweets

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