Leader Editor of https://xitter.cf/t.co/GWRLBrgS6R; hlcntst.; mtrlst. Journalist #DistrictAssembly #Fulbright; #Trotsky; Leader of @ #ICFI, author, #CEH

California, USA
Joined January 2015
Isn’t the ICFI, WSWS, SEP a front for police state agencies? Aren’t you an agent of a police state agency? @DavidNorthWSWS
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Of all the videos that I saw in France, only Al-Jazeera managed to frame the underlying motivation for the protests. Al-Jazeera stated that rising inflation and falling purchasing power served as the motivation for the protests: "مظاهرات في مدن فرنسية احتجاجا على غلاء الأسعار." Al-Jazeera is about three to five clicks ahead of the largely unconscious French protests. The French protests, as opposed to those in Albania, Spain, Belgium, or Italy, are the most dangerous not for the "violence" but for the fact that the template-programming "left" wing organizers to organizer terminal struggles-did not apply to the protests today. These were totally out of control, resulting in hundreds of thousands of dollars in damage throughout the city, over which black clouds of fuming smoke loomed for the better part of the day. No significant section of these protests fell under the direct control of a French saboteur. They were a legitimate expression of outrage at France's deliberate decision to undermine living standards for French citizens. These were a spontaneous outbreak of the masses. It is, however, largely unconscious but the degree of consciousness is clearly visible. It is response to the effects that France's austerity has caused to the youngest members of its society. While these members may not be able to link these effects (a lack of lockers, less paper, fewer markers) with France's debt, they certainly will within due time. In fact, it is only a matter of time now. youtube.com/shorts/mvpseIv4Y… “The Crisis Is Right Now” | Debt, the AI Bubble, Housing & Gold’s Next M... youtu.be/0j8RnR0PnGc?si=ghXS… via @YouTube
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With Melechon's & Le Pen's expressed support, Macron has deployed the French military to intimidate, scare, or terminate the mass uprising of youth in Paris this Saturday, October 24th. #Paris must prepare in advance. #workers must join the struggle in call for a general strike.
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For the first time since 2013, the yield on France's 10Y Government Bond has rose higher than the US 10 Year Treasury Note, a move at +550 basis since the low in 2020. October 17th, 2026 represents a crucial turning point where subjective forces met with objective reality.
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A gigawatt of power is $1B - $1.6B, whereas 0.05% of 3672 tonnes is no more than 59,038.7 troy ounces of gold (i.e., 1.836 tonnes). At $4,088 a troy ounce, the return on investment $241,350,000 becomes les than 1/4 the power, meaning a 75% per cent loss. Gold is really expensive.
JUST IN: Scientists at Marathon Fusion say they turned mercury into real, stable actual GOLD in September 2026!! Their much bigger projection, about 2 tonnes a year per gigawatt of fusion heat, remains a simulation. The reaction is real. Fast neutrons transform mercury into an unstable isotope that decays into stable gold. Physics is real. Commercial output and competitive production costs have not been demonstrated so far. At the projected yield, 1 gigawatt would produce roughly 0.05% of the 3,672 tonnes mines produced in 2025. A hypothetical 100 gigawatts would produce 200 tonnes, or 5.4%. That larger fleet has not been built. The study also estimated about 14 years of storage for radioactive contaminants to fall below its chosen threshold. Cleaner mercury feedstock could shorten that wait. The evidence does not establish an imminent gold glut. It also cannot guarantee that manufactured gold will never matter. For investors, the decisive evidence would be independently verified output, competitive costs and a credible route to scale. Prices could respond to that evidence before the metal reaches the market. The 2,000-year-old dream of alchemy just came true, if you believe a San Francisco fusion start-up.
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Bust down, thotiana, bust down, thotiana! Bust down!
The U.S. mortgage market is mired in its biggest recession in history. Today, the Mortgage Bankers Association reported a purchase index of 129.2. Down 60% from the pandemic peak and down 18% YoY. This indicates just how few Americans are going out and buying homes with mortgages today. Today's levels are near the lowest ever (only a handful of weeks in 2023/24 were lower). And demand today is even worse than during the 2008-2012 housing bust. Shockingly, 70% of home sales are still financed with a mortgage. Showing you just how poor the demand environment is today. The upshot is that this is a great time to get out there and make below market offers. As many sellers are desparate (inventory just hit 1.2 million nationally). To see where mortgage appls have dropped most, search your ZIP: reventure.app/map/WmID4mIqxX
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Eric : Head of #DistrictAssembly; Join now! retweeted
In Sura xvi. 69 we even find it praised as one of the signs of Allah's grace unto mankind: "And of the fruit of palm-trees, and of grapes, ye obtain an inebriating liquor, and also good nourishment".
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In Sura xvi. 69 we even find it praised as one of the signs of Allah's grace unto mankind: "And of the fruit of palm-trees, and of grapes, ye obtain an inebriating liquor, and also good nourishment".
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Heinze & Morse with copper
BREAKING: Citadel founder Ken Griffin says AI is "almost certainly" a bubble, noting that companies are struggling to turn AI spending into productivity gains. However, Griffin says he is bullish on AI's long-term potential.
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Replying to @BloombergTV
@BloombergTV Let's hear a new interview about the sage's latest soothsaying about opinion. An individual who hasn't even read Theatetus hardly spits out a coherent assemblage of words about "opinion."
The greatest tragedy of mankind is holding an opinion in your head that is wrong. It stands in the way of so many people making decisions well and operating well with each other. It is such a tragedy because it is so easily fixed. All you have to do is put it out there and stress test it. Acknowledge the possibility of being wrong, and ask how to properly stress test that opinion. By stress testing it, you raise your probabilities of being right. The education system, and so many things in society, reward always being right. But holding onto that mindset stands in the way of taking in all the information out there that can really help you. #RayDalio #DecisionMaking #Principles
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Criticism of Dalio for the fashionable opinions of the American bourgeoisie applies with equal exactitude. Dalio is to history what Oswald Spengler is to Weimar Republic.
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His proposal of a cyclical theory of history in his work 𝑇ℎ𝑒 𝐷𝑒𝑐𝑙𝑖𝑛𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑊𝑒𝑠𝑡 like Principles represented a manifestation of the inhumane depreciation for the human spirit mankind embodied in imposition of the Treaty of Versailles. So it is with Dalio.
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Eric : Head of #DistrictAssembly; Join now! retweeted
📣 Journalist and CPJ’s 2026 International Press Freedom Awardee Christina Assi will speak on an expert panel on how to protect journalists and hold those who target them accountable. 🗓️ 11/6 | 7-9PM CET Watch online or join us at the @CGCParisCenter👇 eventbrite.fr/e/voices-in-jo…
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Eric : Head of #DistrictAssembly; Join now! retweeted
Oil is $110, up another 6% this morning. We are still early in a major breakout in the price of oil that will substantially raise the cost of living. Plus, it's not just energy. The price of all everyday necessities is about to soar. This is a tax hike to cover deficit spending.
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Eric : Head of #DistrictAssembly; Join now! retweeted
Of all the videos that I saw in France, only Al-Jazeera managed to frame the underlying motivation for the protests. Al-Jazeera stated that rising inflation and falling purchasing power served as the motivation for the protests: "مظاهرات في مدن فرنسية احتجاجا على غلاء الأسعار." Al-Jazeera is about three to five clicks ahead of the largely unconscious French protests. The French protests, as opposed to those in Albania, Spain, Belgium, or Italy, are the most dangerous not for the "violence" but for the fact that the template-programming "left" wing organizers to organizer terminal struggles-did not apply to the protests today. These were totally out of control, resulting in hundreds of thousands of dollars in damage throughout the city, over which black clouds of fuming smoke loomed for the better part of the day. No significant section of these protests fell under the direct control of a French saboteur. They were a legitimate expression of outrage at France's deliberate decision to undermine living standards for French citizens. These were a spontaneous outbreak of the masses. It is, however, largely unconscious but the degree of consciousness is clearly visible. It is response to the effects that France's austerity has caused to the youngest members of its society. While these members may not be able to link these effects (a lack of lockers, less paper, fewer markers) with France's debt, they certainly will within due time. In fact, it is only a matter of time now. youtube.com/shorts/mvpseIv4Y… “The Crisis Is Right Now” | Debt, the AI Bubble, Housing & Gold’s Next M... youtu.be/0j8RnR0PnGc?si=ghXS… via @YouTube
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Eric : Head of #DistrictAssembly; Join now! retweeted
🇪🇺Hot season Europe is restless this autumn. In September–October, more than 830,000 people took to the streets in France, Italy, Spain, Belgium, Portugal and Austria. Over 1,600 were injured and about 9,500 detained. Most protests are driven by the cost of living — expensive fuel, rent, and shortages of teachers and deteriorating schools. Each country has its own trigger, from the eviction of an elderly woman in Madrid to a ban on Islamic headscarves for schoolgirls in Austria. In France, school protests over teacher shortages and the condition of buildings were joined by unions, “yellow vests,” farmers and those angry about the cost of living. On 17 October the Interior Ministry counted 550,000 participants; organizers claimed about 800,000. Most marches were peaceful, but arson, looting and attacks on town halls gave the protests a different tone. Unions call for continuation, with a general strike planned for 5 November. In Italy, a “Day against Meloni” was moved to October to catch the French wave. It began with complaints about schools, funding and a reform limiting the share of foreign-origin pupils, but by 17 October adults joined students. In Rome the CGIL union marched; in Milan a cost-of-living protest ended in riots; in the south truckers and farmers have been picketing for a week. In Spain the trigger was the eviction of 87-year-old Maricarmen Abascal in Madrid and parliament’s refusal of emergency tenant protection. Actions took place in about 50 cities; Madrid’s march drew 70,000 according to authorities. The protests produced results: on 7 October the government re-approved two housing decrees previously rejected by parliament. Separate clashes occurred in Pamplona around a speech by right-wing blogger Vito Quiles. In Belgium about 30,000 people protested on 1 and 9 October against the cost of living and for education reform; 294 were detained. In Lisbon more than 10,000 demonstrated on 17 October against housing prices and for higher wages and pensions; some set up tents in the central square. In Austria about 2,500 protested against the ban on Islamic headscarves for schoolgirls, without injuries or arrests. France is closest to prolonged confrontation with the police. In Italy it remains unclear whether students, unions and farmers will merge into one movement. Spanish protesters have the best chance of concessions — they have already forced the government to call early elections. No pan-European revolution is visible. Neighbors borrow forms and triggers from each other, but the content differs: prices and schools in France, rent in Spain, cultural restrictions in Austria. The near-term scenario is not a single wave but a series of national crises, each with its own rhythm.
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America must cancel its debt.
A leading candidate for France’s Presidency is proposing that France cancel its debt.
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Eric : Head of #DistrictAssembly; Join now! retweeted
A leading candidate for France’s Presidency is proposing that France cancel its debt.
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As we advance towards the historic anniversary of the Basel on November 24-25, 1912, the dates for our Summer School, it is imperative for all comrades to review not only the literature on the Chinese revolution but the most important developments in the rise of China vis-a-vis the decline in America's global superpower.
Given the historic rise of China and the inherent complexities related to its claim of socialism, the Central Committee at the General Assembly has decided to direct comrades to read widely in preparation for the November school, whose dates correspond with the Basil conference.
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In the 𝑊𝑒𝑎𝑙𝑡ℎ 𝑜𝑓 𝑁𝑎𝑡𝑖𝑜𝑛𝑠, Adam Smith derived technological innovation from the productivity a division of labor provides. "Every body must be sensible how much labour is abridged and facilitated by the application of proper machinery. By means of the plough two men, with the assistance of three horses, will cultivate more ground than twenty could do with the spade. A miller and his servant, with a wind or water mill, will at their ease grind more corn than eight men could do, with the severest labour, by hand mills. To grind corn in a hand mill was the severest work to which the antients commonly applied their slaves, and to which they seldome condemned them unlessl when they had been guilty of some very great fault. A hand mill, however, is a very ingenuous machine which greatly facilitates labour, and by which a great deal of more work can be performed than when the corn is either to be beat in a mortar, or with the bare hand, unassisted by any machinery, to be rubbed into pouder between two hard stones, as is the practice not only of all barbarous nations but of some remote provinces in this country. It was the division of labour which probably gave occasion to the invention of the greater part of those machines, by which labour is so much facilitated and abridged. When the whole force of the mind is directed to one particular object, as in consequence of the division of labour it must be, the mind is more likely to discover the easiest methods of attaining that object than when its attention is dissipated among a great variety of things. He was probably a farmer who first invented the original, rude form of the plough. The improvements which were afterwards made upon it might be owing sometimes to the ingenuity of the plow wright when that business had become a particular occupation, and sometimes to that of the farmer." Based on Smith's understanding of technological innovation, an economist with a background in Smith can predict that China's superiority in productivity dictates its superiority in technological innovation.
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Eric : Head of #DistrictAssembly; Join now! retweeted
What is so fascinating about those who espouse the views of the Austrian school of economics is disassociation. In all respects most denigrating to the highest stages of capitalism, the Austrians decry the drive for monopolization (most especially in fiscal, credit or monetary policy) as an aberration from the ideal but the manifestation of these crises in the State's monopolies on budgets, coins, or banks is as much a reflection of decay as monopolization is to capitalism. The affinity for disassociation is the undoing of the Austrian school of economics.
Both capitalism and socialism try to satisfy the needs and desires of the people. The difference is that only capitalism succeeds. Private owners of capital have a profit motive to satisfy their customers. Government bureaucrats have no such incentive and are instead motivated to use their political power to enrich themselves at the people's expense.
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