RT @AdamPOlsen@twitter.com

The largest ever wood pellet plant in B.C.’s history is set to be built in Fort Nelson. The tenure transfer between Canfor and Peak Renewables would see 2 million cubic metres of trees logged every year for pellets. 1/

🐦🔗: twitter.com/AdamPOlsen/status/

RT @AdamPOlsen@twitter.com

Instead of using waste from the forest industry, whole trees would be logged to feed this plant. However, because of changes we made in the minority gov’t, the @bcndp@twitter.com is required to approve this transfer and decide if it’s in the public interest. 2/

🐦🔗: twitter.com/AdamPOlsen/status/

RT @rgwhitaker@twitter.com

Every worker should have paid sick days, as of right, and not just during the pandemic. A just society would make it law. @MUNFaculty@twitter.com twitter.com/NLFL_labour/status

🐦🔗: twitter.com/rgwhitaker/status/

For 353 days since declaring the pandemic a national emergency the United States has treated disabled people as disposable in order to keep business as usual and protect profits instead of lives. This horror continues.

Profit is not only theft, it is death. It is often murder.

RT @justiceinaging@twitter.com

Profit-motivated , lack of actionable information for families, & lack of strong infection-control practices point to a devaluing of older lives & are some of the reasons we’ve seen so many infections and deaths in congregate settings. lat.ms/3dWkbfZ

🐦🔗: twitter.com/justiceinaging/sta

TLDR: Whenever the government says they can't afford to do something, they're lying.

Show thread

Anyone who reads this entire thread from top to bottom will never believe another word spoken by their government about debt, taxes, and what we can "afford" to do, ever again.

It's a revolution everyone needs to have for their understanding of money. If you haven't yet, do it.

Show thread

RT @RichardJMurphy@twitter.com

But some politicians do not want you to know that there is no real constraint on you having the government and the public services you want. What the government’s ability to make money, sensibly used, proves is we do not need austerity. And we never did.

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

That’s because, as is apparent from the description I have given, the so-called national debt is just made up of money that the government has spent into the economy of our country that it has, for its own good reasons, decided to not to tax back as yet.

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

This gives the clue as to another weird thing about this supposed national debt. It really isn’t debt at all. Yes, you read that right. The national debt isn’t debt at all.

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

That’s one of the weird things about this supposed national debt. When we’re in debt we can’t suddenly decide that we will cancel the debt by simply reclaiming the money that makes it up for our own use. But the government can do just that, whenever it wants.

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

In fact, the government is the opposite of a household. A household has to get hold of money from income or borrowing before it can spend. But the gov’t doesn’t. Because it creates the money we use there would be no money for it to tax or borrow unless it made that money first.

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

It’s the fact that the government has its own bank that creates the national currency that proves that it is nothing like a household, and that all the stories that it is constrained by its ability to tax and borrow are simply untrue. The government is nothing like a household.

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

As ever, politicians, economists and others like to claim that this is not the case. They pretend that the government is like us, and has to raise tax (which is its income) or borrow before it can spend. But that’s not the case because the government has its own bank.

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

What is more, if you knew that it was your promise to pay that was at least as important as the bank’s in this money creation process then wouldn’t you, once more, be rather annoyed at the song and dance they make about ever letting you get your hands on the stuff?

🐦🔗: twitter.com/RichardJMurphy/sta

RT @RichardJMurphy@twitter.com

But there’s a problem. Bankers, economists and politicians would really rather that you did not know that money really isn’t scarce. After all, if you knew money is created out of thin air, and costlessly, why would you be willing to pay for it?

🐦🔗: twitter.com/RichardJMurphy/sta

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