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Reposted by Katie Cannon

Chicago Sun-Times @chicago.suntimes.com · 34m

At the request of the U.S. Department of Justice, a Facebook group used by nearly 80,000 people to report sightings of federal immigration agents in the Chicago area has been taken down by the social media giant Meta, Facebook’s parent company.

Facebook suspends popular Chicago ICE-sightings group at Trump administration’s request

The group, "ICE Sighting-Chicagoland," has been increasingly used in the last five weeks of President Donald Trump’s intense deportation campaign to warn neighbors that federal agents are nearby.

trib.al

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Katie Cannon @katiecannon.bsky.social · 9m

I’m not saying to sit down and be shot

I’m just saying don’t throw rocks

And also get busy organizing sub federal public money creation

Katie Cannon @katiecannon.bsky.social · 10m

Nobody like it because nobody had the institutional knowledge to simply say: Whatever our government pays for when it creates our currency is free from bank issued loans.

And gov spending for public purpose reduces household and business reliance on bank loans

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Ayo Hirschman @contextproblem.bsky.social · 2h

John Ganz has referred to Biden's presidency as "abortive social democracy" and, well, nobody liked it. Very disappointing! Huge problem, for us, as a country.

BeijingPalmer @beijingpalmer.bsky.social · Nov 7

biden-era policies were extremely geared toward the working class, whose wages went up at much higher rates than the top half of earners and saw a job boom, as well as IRA investment in traditional manufacturing regions. they rewarded him by switching heavily to Trump.

Katie Cannon @katiecannon.bsky.social · 12m

“Centrists” utterly failed at explaining that Biden broke with neoliberalism by creating our currency to pay for public purpose so folks could make their bank payments

Also, Biden’s economic advisors stopped the checks & refused to use inflation management tools we used during WWII

Reposted by Katie Cannon

Brooke Harrington @ebharrington.bsky.social · 20m

This was always the logical endpoint of George H.W. Bush's "1,000 points of light" approach to basic government services:

When you take away government's role as the provider of public goods & make funding for basic services dependent on the whims of private benefactors, you've just got warlordism.

Aaron Rupar @atrupar.com · 25m

Trump: "I had a very wealthy person who called -- a donor, a great gentleman -- and he said, 'if there's any money necessary, shortfall, for the paying of the troops, then I will pay it.' Meaning he will pay it. How about that?"

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Reposted by Katie Cannon

Money on the Left @moneyontheleft.bsky.social · 28m

"If money is the ongoing process of issuing and deleting credits, it cannot be solely understood as an inert quantity that reflects past accomplishments. Money cannot be something we need to hoard to create a livable future. And it certainly cannot be scarce unless we make it so."

Democratic Public Finance: A Radical Vision for Mamdani’s New York City

Summary This document elaborates an emerging economic paradigm that is already latent in Zohran Mamdani’s plans and practices. The paradigm, which we call Democratic Public Finance (DPF), reframes …

moneyontheleft.org

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Katie Cannon @katiecannon.bsky.social · 23m

In the mean time, the UK creates its own currency, owns its own central bank, and can always afford to pay for anything denominated in pounds

Whatever it pays for is free from bank issued loans

Katie Cannon @katiecannon.bsky.social · 26m

Blame it on neoliberalism which was always going to trend towards outright Fascism

Reposted by Katie Cannon

videotroph @videotroph.bsky.social · 1h

Interesting to think about how the rightwing takeover of New College is likely going to converge with the venture capitalist model of buying, running into the ground, and selling for parts. We shall see, though ...

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Katie Cannon @katiecannon.bsky.social · 30m

Your government creates the pounds everyone else uses to pay tax and buy government bonds

Reposted by Katie Cannon

Carl Quintanilla @carlquintanilla.bsky.social · 1h

POLITICO: “.. They referred to Black people as monkeys and ‘the watermelon people’ and mused about putting their political opponents in gas chambers. They talked about raping their enemies .. and lauded Republicans who they believed support slavery.

@politico.com
www.politico.com/news/2025/10...

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Reposted by Katie Cannon

Fadhel Kaboub @fadhelkaboub.bsky.social · 17h

Fadhel Kaboub presents "The Role of Parliamentarians in Decolonizing Economic Structures:A Pan-African Development Vision for a New International Economic Order," a presentation to members of the Namibian Parliament (September 26, 2025). youtu.be/VqVToPvZLnQ

The Role of Parliamentarians in Decolonizing Economic Structures ~ Fadhel Kaboub

YouTube video by Fadhel Kaboub

youtu.be

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Katie Cannon @katiecannon.bsky.social · 34m

The Civil Rights Movement wanted a Job Guarantee for anyone willing & able to work to produce public goods & services

Instead we got a job guarantee for Fascists in the form of ICE

Katie Cannon @katiecannon.bsky.social · 42m

Sorry. I meant to just be replying to the article

My mistake

Katie Cannon @katiecannon.bsky.social · 43m

And, a lot if those Hitler fans fully understand that he repudiated Germany’s foreign denominated debts (war reparations) so he could freely create Marks out of thin air to pay for Nazism

Trump also understands our government creates our national currency out of thin air

Katie Cannon @katiecannon.bsky.social · 48m

Trump understands that our federal government creates our national currency out of thin air

Maybe one day small d democrats will try to understand how money is created

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Katie Cannon @katiecannon.bsky.social · 50m

Job Guarantee for Fascists

Instead of FDR & MLK Job Guarantee for all in order to produce public goods and services

Nice going all those neoliberal Democrats who turned against FDR & MLK

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Katie Cannon @katiecannon.bsky.social · 1h

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Max Kennerly @maxkennerly.bsky.social · Mar 21

1) It should be profoundly embarrassing for these top-level government figures to claim they just discovered the dollar is a fiat currency. It's been one for over 50 years.

2) It's definitely not "14" computers, that's more wink-wink white nationalist signaling, like Musk does all the time.

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Katie Cannon @katiecannon.bsky.social · 1h

They’re gonna nicely convince young folks that according to our Constitution money comes from tax payers who can’t afford to pay for the “Other”.

Our Constitution actually says our government creates our currency when Congress votes to pay for either Fascism or democracy

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Katie Cannon @katiecannon.bsky.social · 1h

And our government creates our currency billionaires use to shop, pay their banks back & net save billions of government created dollars

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Katie Cannon @katiecannon.bsky.social · 1h

Goes back to when Reagan convinced us that our Constitution says money comes from tax payers

Instead of our government creates our currency & banks create loans

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Katie Cannon @katiecannon.bsky.social · 1h

We can’t actually confront Fascism by clinging to the neoliberal myth of “tax payer money”

Also, Obama imposed austerity on Main Street & bailed out banks

Biden created our currency to pay for broad public purpose so folks could make their bank payments

Katie Cannon @katiecannon.bsky.social · 1h

FDR was our centrist compromise between Communism & Fascism

And he constantly reminded folks that when our government creates our currency to pay for our General Welfare, it reduces poverty and household (and smaller business) reliance on bank loans

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Katie Cannon @katiecannon.bsky.social · 1h

That all takes money

You’re against our government creating our national currency to pay for anything

So I guess our government has to go beg a bank for a loan to pay prosecutors

Reposted by Katie Cannon

David Dayen @ddayen.bsky.social · 2h

Great episode of the Organized Money podcast out today.
We talk to Herb Greenberg, a financial journalist and stock analyst, about the AI bubble, and why the financing is looking more like pre-financial crisis of 2008 rather than late-90s dot-com. Essential stuff.

The AI Bubble: More Subprime Than Dot Com

Veteran Wall Street reporter Herb Greenberg joins to discuss the AI bubble and the history of hyper-inflated markets.

www.organizedmoney.fm

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