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Dr. Jack Rasmus
@drjackrasmus
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Economist, radio show host, & author: 'The Scourge of Neoliberalism', 'Alexander Hamilton & Origins of the Fed' & 'Central Bankers at the End of Their Ropes'.
California
Joined October 2012
#Ukraine Trump says Zelensky agrees to repay USA $500B in minerals for US aid since 2022. So they agree US gave Ukraine $500B last 3 years. That's about equal to the child care, rent assistance & unemployment benefits Biden stopped early in 2022. So US households paid for the war
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@RoKhanna Why don't you admit that 351,000 was mostly CLinton's dismantling of welfare, leaving millions of poor to resort to crime, hustling & low paid part time jobs when they could find them. Not the same as bloated USAID, CIA, Defense financing color revolutions for the empire abroad
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@BoLoudon Haha. That means investigating hundreds in Congress of both parties that made money from insider stock trading.
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@C_3C_3 @ScottPresler Fetterman is an opportunist who will put his nose into whatever direction the political wind blows
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#NATO has become a European economic grift on the USA since at least 1991. Europe's now a geo-political & economic backwater and increasingly irrelevant globally. USA should stop paying EU's bills & fighting its fights. Ukraine's in Europe, not the western hemisphere.
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#Europe is just a bunch of tribes who think they're nations who have been warring with each other for centuries, sucking the USA and world into 2 world wars, and the US almost into another with Russia over Ukraine. Let Europeans pay for and fight their own wars. Cut them loose
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@MyLordBebo Fear mongering propaganda by EU neocons and their propaganda media wing. Same as in USA under Dems and Biden. NATO EU (especially Balts, Poland) radical neocon conservatives who want US to continue paying for their defense
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@blackintheempir Your point summarizes Sanders' obsequious relationship with the Dem party. He's just their shill and vehicle to keep dissidents voting for the Dems. In between doing Dems' bidding, he 'talks the talk' bullshit for progressives and independents. A big phony
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@mbostic0 There's some truth to what the former WB president said: Fed provides virtually free credit to investors, who plow it into financial markets, create demand, drive up asset prices and their wealth; or use low rates to issue corp bonds, use funds to pump up their stock awards, etc
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#Zelensky will soon offer to exchange its Kursk area still in control for other Russian retreat, as Ukraine retreats from Kursk anyway. Zelensky to cover Ukraine's imminent defeat & retreat in Kursk by claiming it's voluntarily leaving as a concession toward the negotiations
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#UkraineWar US/Trump will try to freeze forces in place and bring in multi-nation peacekeeping force along line of combat. Russia will refuse. US hints may agree to language of no NATO for Ukraine. Watch Ukraine forces abandon territory in east & Kursk faster now.
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#UkraineWar Trump announces senior team to negotiate with Russia (Rubio, Ratcliff, Waltz, Witkoff). Zelensky told to get on board. (If not, he'll be moved aside). Hegseth says EU must pay for aid in future. But no deal soon, I predict. 90 days negotiations to follow. Deal by Sept
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#Trump listen to my Feb 7 Alternative Visions radio show discussion on what's behind Trump's recent foreign policy moves. Go to: CHeck out this coming friday's Feb 14, 2pm est show for more commentary on Trump policies, foreign & domestic,
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@IdealistCynic Gasoline prices have been creeping up since November. Now accelerating in expectation of tariffs and oil corp price gouging behind the tariffs cover. Gas prices here in N. Calif. already $5+ per gal. Going to $6-$7 by May I predict
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#Inflation corporate apologists who say it's not corp price gouging that's at fault for rising prices should look at the stats: goods prices driven by 13% annual hike in gasoline in Jan are big culprit. Oil corps are monopolistic, flush with profits, but raising prices anyway
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#Inflation acceleration of CPI almost certain to continue as tariffs are implemented and corporations with monopolistic power pass on the costs and price gouge. So do the tariffs cause inflation or is it the price gouging? MSM likes to focus on former and ignore the latter role
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#Inflation As I've been predicting, inflation rate continued to accelerate in Jan. CPI report today: prices rising at a rate more than double that of last Nov and a steady increase since Oct. Rents 1/3 of rise & as predicted gas accelerating at annual double digit rate + food up
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@Greg4Trump @Mike_Pence Nearly all the US politicians got in on the grift of investments in Ukraine, from Biden on down.
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@DonbassSegodnya What will happen is the Ukrainian people will throw you out of office. I predict you won't even get to run in the elections which will happen in May. The western media will reveal your corruption since Trump wants to dump you now. Get ready to go to your winery in Tuscany Italy.
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