The former Trump adviser has helped create the spectacle of G.O.P. dysfunction, using it to build his own following and those of the right-wing House rebels who took down Kevin McCarthy.
From a Capitol Hill Basement, Bannon Stokes the Republican Party Meltdown
After taking the global economy hostage to secure painful cuts to aid programs and other federal spending, House Republicans are proposing a pay raise for themselves and other members of Congress for the coming fiscal year.
Republicans Look to Give Themselves a Pay Raise After Securing Benefit Cuts for the Poor
H/T: Unorthodox Truth
This is a clip from our show SYSTEM UPDATE, now airing every weeknight at 7pm ET on Rumble. You can watch the full episode for FREE here: How Endless War Bankrupted the US While Inflicting Mass Suffering at Home. Plus: Macron Threatens Internet Shutdown & Update on US Govt’s Private Data Purchases | SYSTEM UPDATE #111
NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War via Glenn Greenwald
Related:
America Is Living on Borrowed Money
America’s Wars and the US Debt Crisis
Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis
By Herman Tiu Laurel
The US and its President Biden has been looking sillier and sillier to America’s global audience the past months. Take the inane “Chinese spy balloon” hullabaloo the shadowy anti-China political-media network concocted in February, Pentagon just a few days ago, on June 30, now officially admits “did not collect intelligence while flying over the country.” Yet, that spy thriller concoction delayed Blinken’s “reconciliation” visit to China by five months, pushing through only on June 18.
Yellen secretly yells for China’s help
Related:
At a press conference Sunday following the G7 summit in Hiroshima, Japan, President Joe Biden called on Republican House Speaker Kevin McCarthy to meet face to face to revive talks on a bipartisan plan to slash social spending in return for raising the nation’s debt ceiling and averting a default.
Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine
When big spending Barrack Obama left the White House the national security budget properly measured totaled a staggering $822 billion. That included $600 billion for defense, $46 billion for security assistance and international operations and $177 billion for veterans compensation and services, which reflects the deferred cost of prior wars.
How the Bipartisan War Party Fostered Fiscal Ruin
House Republicans’ “Default on America” Act would inflict devastating harm on America’s middle class.
House Vote on ‘Default on America’ Act a Major Political Liability for Republicans
Related:
See the impact of Republicans’ extreme demands and their default threats on your community.
A group funded by Ben & Jerry’s founder Ben Cohen is running a media campaign against U.S. military support for Ukraine.
Ben & Jerry’s Founder Is ‘Top Donor’ of Group Campaigning Against U.S. Military Support for Ukraine
Economist Michael Hudson responds to the collapse of Silicon Valley Bank, and explains the similarities with the 2008 financial crash and the savings and loan crisis of the 1980s.
Michael Hudson: Why the US banking system is breaking up
An obscure provision of a 1996 law makes the Social Security trust fund vulnerable
The government may stop issuing Social Security payments after the debt limit is hit — here’s why (archived)
Ms. Cat’s Chronicles 
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