And #BigDickAnon is back in his CIA Fren persona, this time in thread titled, "China is the modern day Nazi Germany" headed by the tweet below from Clay Travis.

https://t.co/49yWJyfZLb

UK Energy White Paper is here.

I'll tweet the key points here👇

1/

Link to press

UK commits to an Emissions Trading Scheme (ETS) from 1 January 2021.

Seems like a win for @beisgovuk, as @hmtreasury was known to be keen on a carbon tax

2/

Exploring the RAB model for new nuclear, as per @emilygosden article in @thetimes this

From press release, doesn't look like that many big new measures. Not surprising, as next year we're expecting:
▶️ Heat & Buildings Strat
▶️ Industrial Decarb Strat
▶️ Hydrogen Strat
▶️ Net Zero Strat
▶️ Transport Decarb Plan

And

A couple of hours later, and the White Paper is now here.

Powering Out Net Zero Future.

Details to follow

Trevor Chinn has funded various Labour MPs over the years including Owen Smith, Tony Blair, Joan Ryan, Ruth Smeeth, Tom Watson, Ian Austin, Rachel Reeves, Lisa Nandy, David Lammy, Liz Kendall, Dan Jarvis, Tristram Hunt, Jack Dromey, Liam Byrne. #LabourLeaks #StarmerOut #BICOM

Chinn has funded BOTH Labour Friends of Israel and Conservative Friends of Israel . The multi-millionaire pro-Israel lobbyist donated $62,000 to Keir Starmer to win the UK Labour Party’s leadership election. April 2020 #LabourLeaks #StarmerOut #BICOM

Tom Watson, former BICOM staffer Ruth Smeeth and Labour Friends of Israel’s then chair Joan Ryan.

All three played key roles in promoting the smear campaign that Corbyn’s Labour Party was a hotbed of anti-Semitism. BICOM is important to Starmer. #LabourLeaks #Defence #Brexit

Hoping to remove Corbyn as leader. Chinn funded Corbyn’s rival in the resultant leadership election, Owen Smith.

Smith took donations for his campaign from Chinn totaling $33,000, the register shows. #BICOM #LabourLeaks #StarmerOut

The BICOM group arranges for influential figures to take trips to Israel. These have included trips to the Herzliya conference, a major “security” event at which powerful business and political figures discuss how to reinforce Israeli occupation and apartheid. #StarmerOut #BICOM

A story ...

In 1994, I was teaching U.S. history and American government at Oak Ridge HS in El Dorado Hills, California.

I had three bright students who were my TAs. The 20th anniversary of Richard Nixon's resignation was a few months away. I decided to have ... 1/

my students -- Sherilyn Peek, Aaron Leahy and Nicole Poimiroo -- take on an extra project. They contacted dozens of people who were in some way involved with the Watergate saga. Politicians, lawyers, political appointees, journalists and others. 2/

They spent weeks, before the internet existed, tracking down addresses. Then they sent a short letter that asked the recipients to respond to one question: What should America learn from Watergate?

Before long, responses started to show up in my mailbox at school. 3/

Archibald Cox replied, and I'm especially struck by this sentence: "...we should be reminded of the corrupt influence of great power, especially when the power is in the hands of someone who is willing to resort to any tactics, however wrong, to retain and increase his power."4/

Richard Kleindienst wrote his response by hand ... "Our Constitution worked! The federal judiciary worked. The Congress and a free press worked. That our Constitution works is the magic of America." 5/

What should have been enough for @GOP @LeaderMcConnell @LindseyGrahamSC @ChuckGrassley but seem to make up excuse after excuse

What should have been enough: Charlottesville should have been enough. Then Ukraine. Then Covid failure. Then Attack on our Capitol. If you don’t #LeaveTheGOP then you have no moral compass

What should have been enough
Federal civil rights VIOLATIONS at Trump properties

WHAT should have been enough
The Central Park Five should have been enough

What SHOULD have been enough
Birtherism should have been enough.

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While debt-to-GDP ratios already have a limited but very misunderstood use, it seems economists are finding bright new ways of misunderstanding them. Now we say that when nominal interest rates are lower than nominal growth rates, the

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downward pressure on the debt-to-GDP ratio makes rising government debt and larger government deficits more sustainable and more easily justified.

This is totally confused. When the nominal interest rate is lower than the nominal GDP growth rate, it only means that net...

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borrowers are getting a disproportionate share of growth relative to net lenders. This in and of itself changes the comparability of the debt-to-GDP ratio, so the fact that the ratio may decline tells us nothing about its sustainability which, I'm glad to say, isn't...

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a mistake Olivier Blanchard makes in this article.

At least three things matter. First, whether or not rising debt is sustainable depends almost wholly on underlying conditions in the real economy, and only trivially on the arithmetical relationship between...

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the interest rate and the growth rate. Second, this approach simply assumes away financial distress costs, in which case debt capacity is infinite anyway and the interest rate becomes irrelevant. And third, it assumes that the nominal debt level matters independently...