

Myth of the debt ceiling, virtual learning profits, investing to change the world

Lee Camp exposes the truth about our ‘debt ceiling’. It’s an arbitrary, completely meaningless ‘limit’ that our government invents. In fact, it’s not even a useful indicator for any economic stressor facing the country. It’s simply a tool used by the rich to enforce austerity that hurts the poor. The vast majority of countries don’t even have a debt ceiling! USA baby! The only thing the debt ceiling is useful for is highlighting how absurd and made-up our economy truly is. Then Lee Camp discusses the success of ‘Portland Street Response’, a non-police pilot program used to respond to non-violent 911 calls, and Merck, the pharmaceutical company that is heroically selling us a Covid pill we funded at an absurd mark-up. Jaffer Khan and Lee Camp discuss virtual learning and the giant corporations that are ensuring that this new necessity becomes a for-profit commodity. Finally, Naomi Karavani delves into the fad of ESG or ‘environmental, social, and governance’ investing which has become wildly popular despite evidence showing it exacerbates the problems it attempts to solve.

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