Green Ember

Green Ember Arts: History from the Bottom Up & Art from the Bottom Up

[Green Ember @greenemberarts]

Our radio productions:

https://t.co/Gt7RPbgr2c
https://t.co/rxbjxHgxzt

[Lorraine Morris @MLorrM]

‘Don’t insult our intelligence’: KPMG Australia slammed by lawmakers over latest audit scandal | The Straits Times https://t.co/jt76NOKia8

[Aidan Simardone @AidanSimardone]

I saw children with their faces ripped off from Israeli attacks and you fuckers called it “self-defense”

[Handre @Handre]

Two small island economies blew up in 2008. Iceland and Ireland. Their names differ by one letter, and their handling of the crisis differed by everything that matters.

Iceland's three big banks, Kaupthing, Landsbanki, and Glitnir, had grown assets to roughly ten times the country's GDP by 2008. Pure credit-fueled madness. When the music stopped, the Icelandic government did the unthinkable: it let them fail. Bondholders ate the losses. The state refused to socialize private bank debt onto 320,000 citizens who never signed up for it. Capital controls went up, the króna collapsed, and the politicians actually prosecuted bankers. Twenty-six of them went to prison. Sigurður Einarsson and Hreiðar Már Sigurðsson, the men who ran Kaupthing, served real sentences.

Ireland took the opposite road. In September 2008, the Irish government issued a blanket guarantee covering the liabilities of its major banks, including Anglo Irish Bank, a property-lending casino that should have been allowed to die in peace. The taxpayer absorbed the bill. By the time the rescue ended, Ireland had poured around 64 billion euros into its banks, roughly 40 percent of GDP. The state took on private gambling debts, then went to the Troika in 2010 hat in hand for an 85 billion euro bailout, and accepted years of austerity to pay for losses it had no business owning.

Both economies recovered. Both eventually grew again. The difference is who paid and who learned. Iceland made creditors and reckless bankers bear the consequences of their own decisions, which is the entire point of capitalism: profit and loss, not profit and bailout. Ireland protected the people who made the bad bets and handed the invoice to schoolteachers and shopkeepers.

You will hear economists call Ireland's GDP rebound a triumph (much of that "growth" is multinational accounting fiction, Leprechaun economics, but that's another lesson). What they skip is the moral architecture. When you guarantee bank liabilities, you abolish the discipline that makes markets work. You tell every banker in the country that downside is optional.

Iceland jailed its bankers. Ireland reimbursed theirs.

[Green Ember @greenemberarts]

@s_m_marandi Are Zionists in the Freemasons?

[Mayor Zohran Kwame Mamdani @NYCMayor]

Reason #1,000,000,000,000 why we should tax the rich.

[Green Ember @greenemberarts]

@Kohonos234 Well, no, it was a Sheridan who was the man who said "the only good Indian is a dead Indian". Then there's the Irish Mob, Mad Dog Coll etc etc, they did a fair bit of slaughtering. There are many other examples, would you like to hear about them?

Don't align yourself with UVF.

[Green Ember @greenemberarts]

The Parasite Class

[Warren Gunnels @GunnelsWarren]

Elon Musk Wealth
2012: $2 billion
2026: $1.1 trillion

Jeff Bezos Wealth
2012: $18.4 billion
2026: $262 billion

Mark Zuckerberg Wealth
2012: $17.5 billion
2026: $202 billion

Tipped Minimum Wage
1991: $2.13 an hour
2026: $2.13 an hour

5 words: Tax oligarchs out of existence.

[Green Ember @greenemberarts]

@GunterFehlinger Says a countryman of Adolf.

[Barry Malone @malonebarry]

Israel is now killing so many people in Lebanon so regularly that the media has lost interest. Much like it did in Gaza.

[BladeoftheSun @BladeoftheS]

$1tn is 10,000 tons of $100 bills.

Enough to cover a football field 7 feet deep.

NO ONE should have that much money.

[BladeoftheSun @BladeoftheS]

Elon Musk is the world's first trillionaire.

Trillionaires and Billionaires are the problem not the solution, if they were properly tax like you are, they wouldn't exist.

You wouldn't need to pay tax, and all the Public Services would be excellent.

[Green Ember @greenemberarts]

@SecScottBessent You are no longer honest brokers. You are privateers.

[Green Ember @greenemberarts]

@IrishTimesOpEd Do we really want to stop the Judeo-Nazis...?

[Lorraine Morris @MLorrM]

A must read below👇:

What was @rte focusing on?

While at the same time rejecting hard evidence about serious banking misconduct? @ArturNadol7566 @Wftproof @stevemiddi1

[BladeoftheSun @BladeoftheS]

Elon Musk is set to become a trillionaire within the next few months and a Karl Marx quote comes to mind.

"One day there will be trillionaires, but you will still have nothing."

Amazing powers of prediction.

[Green Ember @greenemberarts]

@liderfiscal I wonder if what emerges from this is now Americans will be banned from travelling to certain countries too.
I don't think that they realise.

[Green Ember @greenemberarts]

@PalestinaVence It was funny to find out that it was real money. And they made sure he got every single note back.

[Green Ember @greenemberarts]

@DrEoin Good! She literally is as thick as shit.

[Nick Cruse 🥋 @SocialistMMA]

Delcy Rodriguez is literally erasing Nicolas Maduro from the memory of Venezuelan society. This will go down in history as an all time betrayal

[Green Ember @greenemberarts]

It's more than weird, it means no-one is safe. Due process is now woke.