Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #96830 is a reply to message #96805] Thu, 06 July 2023 10:27 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1186
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
Wow! Another great insight by Hudson. He da man! Why does history repeat over and over again? Because human nature is such that influence is gained with the grease of wealth to lubricate the law. The Supreme Court is in the news more often than not in an unsavory light here of late. What's the difference of it though than our legislators? Campaign finance and lobbying is our countries legalized source of bribery. Neither party addresses it or has any notion to change it. We proudly claim we live in a democracy, that we have "suffrage", or, the right to vote whom ever to represent us. But do they?

When the conundrum becomes too vexing for our legislators, some entity in the political spectra takes it to the highest court in the land. To presumably settle the matter. And our constitution becomes the blueprint for making the call. But does the constitution itself give enough latitude to interpret in todays context. And can it be improved upon? A good example of democracy was from the Irish high courts allowing for an amendment in their constitution to come from the will of the people of Ireland. In a country of traditional religious values. They settled their abortion issue by vote. We apparently are not capable of that in this country. Maybe we're too tapped out in private debt to provide the necessary lubrication.

Should There Really be a Supreme Court?

https://michael-hudson.com/2023/07/should-there-really-be-a-supreme-court/
 
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