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Katie Cannon @katiecannon.bsky.social · 2h

Katie Cannon @katiecannon.bsky.social · 3h

youtu.be/Qpbv_9zUnjE?...

Libertarianism vs. Reality w/ Brett Scott

YouTube video by Real Progressives

youtu.be

Katie Cannon @katiecannon.bsky.social · 4h

This combined with government failure to pay for our General Welfare when it creates our currency.

Thus reducing poverty & household reliance on bank loans

Katie Cannon @katiecannon.bsky.social · 4h

Our government creates our national currency when Congress votes to pay for something

Whatever it pays for us free from bank issued loans

Tax payers do not create our currency

Taxes take dollars out of the economy to help regulate inflation & inequality

Katie Cannon @katiecannon.bsky.social · 4h

Our Constitution established our national currency in our name to pay for our General Welfare

The myth of “tax payer money” was designed to make us forget that.

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Katie Cannon @katiecannon.bsky.social · 4h

Sub federal public money creation:

bsky.app/profile/mone...

Money on the Left @moneyontheleft.bsky.social · 15h

"[Democratic Public Finance] builds on [Modern Monetary Theory’s] insights but pushes further: it sees money not just as a federal tool but as a design system embedded in law and governance at every level."

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 · 4h

bsky.app/profile/mone...

Money on the Left @moneyontheleft.bsky.social · 15h

"[Democratic Public Finance] builds on [Modern Monetary Theory’s] insights but pushes further: it sees money not just as a federal tool but as a design system embedded in law and governance at every level."

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

3

Reposted by Katie Cannon

Money on the Left @moneyontheleft.bsky.social · 15h

"[Democratic Public Finance] builds on [Modern Monetary Theory’s] insights but pushes further: it sees money not just as a federal tool but as a design system embedded in law and governance at every level."

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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Reposted by Katie Cannon

Money on the Left @moneyontheleft.bsky.social · 1d

"The assumption that only billionaires or suburban taxpayers can provision democracy has become so entrenched that it is easier to imagine acquiescing to authoritarianism than bypassing this veto."

The Case for Fiscal Insurgency

by Will Beaman A common refrain keeps surfacing among prominent journalists- and commentators-in-digital-exile on BlueSky. Commenting on the emergence of yet another shadowy centrist think tank, Ne…

moneyontheleft.org

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Katie Cannon @katiecannon.bsky.social · 4h

It gives private “investors” the power to collect a tax.

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Katie Cannon @katiecannon.bsky.social · 4h

Any public institution can create public money.

This is on Blue Bonds:

bsky.app/profile/kati...

Katie Cannon @katiecannon.bsky.social · 13h

By Corey Doctorow on @moneyontheleft.bsky.social Blue Bonds proposal

bsky.app/profile/mone...

Money on the Left @moneyontheleft.bsky.social · 1d

"What’s a Blue Bond? It’s a municipal or state bond, issued to replace the funds that Trump has illegally impounded. Blue states and cities can issue these bonds and use them to fund all the research, subsidies, programs and projects that Trump is trying to murder."

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Reposted by Katie Cannon

Katie Cannon @katiecannon.bsky.social · 13h

By Corey Doctorow on @moneyontheleft.bsky.social Blue Bonds proposal

bsky.app/profile/mone...

Money on the Left @moneyontheleft.bsky.social · 1d

"What’s a Blue Bond? It’s a municipal or state bond, issued to replace the funds that Trump has illegally impounded. Blue states and cities can issue these bonds and use them to fund all the research, subsidies, programs and projects that Trump is trying to murder."

Blue Bonds

State debt is generative.

doctorow.medium.com

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Reposted by Katie Cannon

Joe Roberts 🔥💙🔥 @robbyjoe.bsky.social · 1d

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Katie Cannon @katiecannon.bsky.social · 4h

For normal people, education can expand empathy

Katie Cannon @katiecannon.bsky.social · 4h

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Reposted by Katie Cannon

Max Kennerly @maxkennerly.bsky.social · Aug 22

"The United States paid nothing for these Shares" is an interesting way of describing "the U.S. released $8.9B in CHIPS funding intended for Intel in exchange for $8.9B in stock."

Perhaps Congress could've demanded shares for CHIPS money, but POTUS adding this ad hoc is simply unconstitutional.

Scott Shapiro @scottjshapiro.bsky.social · Aug 22

The President of the United States is a gangster shaking down anyone who won’t pay up

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Reposted by Katie Cannon

Max Kennerly @maxkennerly.bsky.social · Aug 27

Correct. Basically any "FinTech" you encounter is no different from a bookie, loan shark, etc. They're not banks and they're not regulated like banks.

Dominic Tarason @dominictarason.com · Aug 27

Because some people haven't heard it yet: PAYPAL IS NOT A BANK, DO NOT LEAVE MORE THAN A COUPLE HUNDRED DOLLARS SITTING IN YOUR ACCOUNT AT ANY TIME. MOVE IT TO YOUR BANK ACCOUNT IMMEDIATELY.

Paypal can and will close your account and steal all your money without warning. And have done MANY times.

AUTOMATON WEST @automatonwest.bsky.social · Aug 27

Steam adult game programmer has account frozen by PayPal, £80,000 in earnings withheld

automaton-media.com/en/news/stea...

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Reposted by Katie Cannon

Carl Quintanilla @carlquintanilla.bsky.social · 12h

“.. The day after crypto experienced its biggest one-day selloff, everyone in the industry was trying to figure out who was left holding the bag.

“.. More than 1.6 million traders were liquidated, according to data tracker CoinGlass.” 👀

@bloomberg.com #crypto
www.bloomberg.com/news/article...

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Katie Cannon @katiecannon.bsky.social · 10h

WWIII was when the Lizard People in human disguise took over our planet

Katie Cannon @katiecannon.bsky.social · 10h

Musk understands our government creates our currency using computer keyboards

He publicly stated that he found those computers and consolidated them

Katie Cannon @katiecannon.bsky.social · 10h

Maybe because our government is not paying for our General Welfare when it creates our currency in our name.

Thus reducing poverty & household reliance on bank loans.

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Katie Cannon @katiecannon.bsky.social · 10h

Frankly, I think the “critique” of Porter is pretty stupid

Lots of people are bitchy

Bitchy is better than Fascist

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Katie Cannon @katiecannon.bsky.social · 10h

Oops !!!! You’re correct. I’m wrong

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Katie Cannon @katiecannon.bsky.social · 10h

Pepe has been freed to roam and play !!!!! Hurray !!!!!!

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