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We Need Open and Honest Debate – Flathead Beacon

Monica Tranel and John Lamb, Democrat and Libertarian running for Montanas new congressional seat, have agreed to debate each other in every county in the western district. But Ryan Zinke, their Republican opponent, has not accepted their invitation to participate. I urge him to do so.

Honest debate helps reveal what candidates really believe, whats important, what they will go to the matt for, and what kind of Montana leader they will be. Debate is not easy. I should know. In 1992 I ran for governor against Marc Racicot. Debate was a hallmark of our campaign. It was joked that if three people stopped at a corner to change a tire, Marc and Dorothy would stop and debate. But we believed in the voters right to know, and it is one of the things about that campaign of which I am most proud, although debating our former governor was nothing short of daunting.

Ryan Zinke should welcome the opportunity to present his side of all current issues. As important, he should offer his defense of reports released from the inspector general of the Department of the Interior, regarding his record of public service, that he lied in a deliberate attempt to deceive them. It is a serious charge, along with inquiries that were made regarding his conduct in office and use of public funds. And it is an opportunity for the voters to hear about his actions as Secretary to open public lands to polluters and deny wildlife vital protections. These issues are important to all of us. The candidates should lay them out in their own words.

Now, more than ever, we need open and honest debate. As we are aware, enormous amounts of secretive money have transformed campaigns from an exchange of political perspectives into an unhelpful deluge of TV ads and social media rants that become so annoying we turn everything off. What used to count in Montana politics knocking on doors, answering tough questions, showing up at town meetings is fast vanishing.

I urge Ryan Zinke to join Monica Tranel and John Lamb, to engage in debates that will help make us thoughtful and informed Montanan voters.

Dorothy Bradley is a former director of the University System Water Center at Montana State University and former Democratic Montana state representative. She lives in Clyde Park.

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We Need Open and Honest Debate - Flathead Beacon

California Providing Free Money In Attempt To Mitigate Inflation – Reason

California's state government is plowing ahead with its plan of sending free money to people to mitigate the pain of inflation.

On Tuesday, state Sen. Nancy Skinner (DBerkeley) tweeted a reminder that in October, California residents who filed a tax return in 2020 should start seeing checks appear in their mailboxes courtesy of the Better for Families tax refund program.

The rough sketches of the program were announced in late June as part of the budget deal reached between Gov. Gavin Newsom, a Democrat, and state legislative leaders.

The $9.5 billion program will provide checks of up to $1,050 depending on one's income, filing status, and number of dependents. Single-filers earning more than $250,000 (or joint filers earning more than $500,000) aren't eligible for the checks.

Much like the Inflation Reduction Act passed by the U.S. Congress last month, these tax refunds will likely exacerbate the problem they're trying to mitigate.

The program puts cash in the hands of low- and middle-income consumers with a higher marginal propensity to consume. That's a fancy way of saying they're more likely to spend this money instead of saving or investing it. That's particularly true in an inflationary environment where prices are rising fast.

And boosting statewide demand will boost prices.

There's already evidence of federal checks-for-all have increased inflation. The $1.9 trillion American Rescue Plan, passed in March 2021, which included $1,400 stimulus checks, is estimated by one Federal Reserve Bank of San Francisco analysis to have raised inflation by three percentage points.

It's important to point out that the state is issuing these tax refunds because it sort of has to. A convoluted budget mechanism known as the Gann Limit requires the California state government to return budget surpluses to taxpayers or spend them on a few budget categories like infrastructure and education.

One libertarian argument would be that, given the Gann Limit, it's better to return that money to taxpayers than let state bureaucracies spend it on public works and public programs.

That's a fair enough perspective. It's complicated by the fact that the state is mostly flush with revenue because of higher-than-expected tax returns from high-income earners. Many of those high-income earners either won't qualify for the Better for Families program. The Better for Families program is therefore an income redistribution program. For many recipients, their payout might exceed their state tax burden.

Leaving money to state bureaucracies to spend, which has obvious libertarian drawbacks, would probably be better for inflation. Those bureaucracies would be slower to spend the money and thus less prone to boosting demand.

Better yet, California's politicians could return the state's budget surplus to the high-income earners who funded it. That would be fairer. It would also be less likely to increase inflation because higher income earners have a lower marginal propensity to consume.

That's not what state politicians did. The state's consumers will now reap the consequences.

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California Providing Free Money In Attempt To Mitigate Inflation - Reason

The CHIPS Act Can Fuel an American Blockchain Revolution – The National Interest Online

Adelle Nazarian, CEO of the American Blockchain PAC, whose advisory board is chaired by blockchains co-inventor Dr. W. Scott Stornetta, and Alex Allaire, the co-founder and CEO of the American Blockchain Initiative, recently published a roadmap for Congressional blockchain regulation in the National Interest.

Our two organizations have curated ten legislative proposals among the best, most consequential, and politically most palatable. Soon there will be more.

Many smart people on the Hill and in the executive branch are formulating legislation worthy of President Joe Bidens landmark Executive Order #14067: Ensuring Responsible Development of Digital Assets. That executive order is the most consequential presidential statement of technology policy since President John F. Kennedy sent the United States to the moon with his 1962 Rice University speech on September 12, 1962.

Bidens executive order created a national framework fully respecting, for the first time, the responsible development of digital assets such as the blockchain.

The first policy recommendation on our initial list:

Congress should provide funding for blockchain research and development on the scale of the National Quantum Initiative. In October 2019, Chinese president Xi Jinping, the leader of Americas premier rival, threw down the gauntlet. It is necessary to strengthen basic research, enhance the original innovation ability, and strive to let China take the leading position in the emerging field of blockchain, occupy the commanding heights of innovation, and gain new industrial advantages, Xi declared. America must rise to this challenge!

Federal research and development (R&D) will never pass the libertarian purity test. Yet as one of us noted in a column for Newsmax:

Per [the eminent Norman] Augustine, numerous studies including those that won Robert Solow and Paul Romer Nobel Prizes in Economics, demonstrate that as much as 85% of the long-term growth in America's economy is attributable to advancements in science and technology.

The payoffs from the successes of federal R&D dwarf the cost of the failures. This inconvenient truth is supported by abundant evidence, however horrifying to libertarians.

To loop back to Romer, the proto-supply-sider and coiner of the maxim a crisis is a terrible thing to waste, a 1997 article in Wired titled The Long Boom noted that research by a few economists, like Stanford University's Paul Romer, suggests that fundamentally new technologies generally don't become productive until a generation after their introduction, the time it takes for people to really learn how to use them in new ways.

This latency demands primarily government, rather than corporate, initiative. And here it comes!

Last month, in a massively bipartisan fashion, the president signed the Chips and Science Act of 2022. This committed America, according to CNN, to invest more than $200 billion over the next five years to help the US regain a leading position in semiconductor chip manufacturing.

$200 billion? Our prior call for spending on blockchain on the scale of the National Quantum Initiative$1.2 billion over the next five yearsseems positively, well, libertarian. In retrospect, our proposal called for an unduly modest response to a challenge from Americas number one technological and economic rival, the Peoples Republic of China.

Yet take heart. The New York Times observed that the act would also add $200 billion for scientific research, especially into artificial intelligence, robotics, quantum computing and a variety of other technologies. (Emphasis added.)

If we dedicate even a few percent of the $200 billion to blockchain, Beijing will be eating Americas dust. America retains a powerful advantage in innovation. Again, per the New York Times: The road to the global peaks of technology, as Mr. Xi has described Chinas aspirations, is decidedly uphill.

Americas advantage becomes especially vivid with possible breakthroughs for blockchain-as-a-platform via concurrency computing using rholang, an advanced mathematics invented by Gregory Meredith, one of our colleagues.

Lets take Romers dictum, a crisis is a terrible thing to waste, to heart. Let our federal governments scientific thought leaders allocate 3 or 4 percent of the funds from the Chips and Science Act to put the United States at the commanding heights of blockchain technology.

Todd White is the founder of American Blockchain PAC where Ralph Benko is senior counselor.

Image: Reuters.

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The CHIPS Act Can Fuel an American Blockchain Revolution - The National Interest Online

Paul has distorted view of ‘socialism’ | Letters To The Editor | bgdailynews.com – Bowling Green Daily News

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IrelandUruguay, Eastern Republic ofUzbekistanVanuatuVenezuela, Bolivarian Republic ofViet Nam, Socialist Republic ofWallis and Futuna IslandsWestern SaharaYemenZambia, Republic ofZimbabwe

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Paul has distorted view of 'socialism' | Letters To The Editor | bgdailynews.com - Bowling Green Daily News

Factum Perspective: Mikhail Gorbachev and the Vertical Downfall of Soviet Socialism – NewsWire

Factum Perspective: Mikhail Gorbachev and the Vertical Downfall of Soviet Socialism

By Dr Dayan Jayatilleka

With the Ukraine war, which is actually a proxy war between NATO and Russia, in full sway, one cannot but help look back at how Russia got here. I had tried to pay a call on Mikhail Gorbachev while serving as Sri Lankas Ambassador to Russia, but had failed in my attempt because he was ill and wasnt receiving visitors.

I had visited the USSR many times in the 1960s and 1970s as a boy in the company of my parents, because my father was a journalist who specialized in international affairs. My last visit before my posting as ambassador had been as an independent adult, in the summer of 1985.

That was as a guest to the World Festival of Youth and Students. Ranil Wickremesinghe and I were accommodated in the same hotel next to the Red Square. So were Angela Davis (whom I used to see across the hall at breakfast) and Sandinista comandante Omar Cabezas, author of Fire from the Mountain (whom I interviewed and last met in Geneva in 2009). Vijaya Kumaratunga (who picked out a kurta for me while in transit to Moscow) led the Sri Lankan youth delegation, which was housed in the Hotel Ismailova.

Though it was summer (June-July), it was springtime for Soviet socialism and, it seemed, for world socialism. Within six years, it was the dead of winter, literally and metaphorically. Soviet socialism was dead. The Soviet Union was abolished. Socialism was dead in Russia and socialism as a system was dead, never to be resurrected either in Russia or anywhere in the world except in Cuba (where it never died), though the socialist movement and project have been strongly, successfully, revived especially in Latin America.

Six years. Ive tried to grapple with the sheer verticality of the fall in my book The Fall of Global Socialism: A Counternarrative from the South.

Mikhail Gorbachev is neither the hero nor the villain of that story, but a tragic protagonist.

Watching Mikhail Gorbachev at the World Festival of Youth and Students in the Summer of 1985, I had a thought which I later recorded in an article in The Island (Colombo). I felt, and wrote, that at last we have a Soviet leader we do not have to be embarrassed about.

I was born in the year of the 20th Congress of the Communist Party of the Soviet Union (CPSU), 1956. For my generation of the global community represented at the World Festival of Youth and Students, the only Soviet leader of our lifetime who could be admired was Yuri Andropov, and his tenure at the top was a tragically short episode.

Two years after the 1985 World Festival, at the commemoration of the 70th anniversary of the October Revolution, Fidel Castro was prophetically warning in Moscow that one day we may awake and find that the Soviet Union has disappeared. He added that he wouldnt be surprised. Something had begun to go very wrong. By 1991, Fidels prophecy had come true.

So much has been said about Gorbachev and so much can be said, but I wish to focus on only one point, one question. Why did he and his team take one road at the crossroads, when there was clearly another to take; another one that may not, would probably not, have wound up at the same place?

For a while Gorbachev gave the global Left the moral high ground. Leftists were pointing to the USSR and contrasting the dramatic, peaceful change with the rigidity and coup-making tradition of the part of the world under the hegemony of the West.

Furthermore, Gorbachev broke down all the walls on the global Left, permitting the free interplay of all traditions which had been at civil war with each other. Bukharin was rehabilitated, social democracy and Communist parties were embracing each other. The World Festival of 1985 was a rainbow of the Left.

I listened to Miguel Marmol, a Communist leader of the peoples insurrection under the iconic Farabundo Marti in El Salvador in 1933, and the subsequent counter-revolutionary bloodbath. I interviewed Kurt Julius Goldstein, German Jewish Communist, veteran of the Spanish Civil War, survivor of Auschwitz and Buchenwald and head of the World Federation of Anti-Fascist Resistance Fighters. I conversed with young militants of the Manuel Rodriguez Patriotic Front (FPMR) which united the survivors of the Chilean MIR with the leftwing of the Chilean Communist party and launched an abortive assassination attempt on Chilean dictator Augusto Pinochet the next year, 1986.

With the breaking down of doctrinal walls which I witnessed in the Summer of 1985, the reform process in the USSR had a rich storehouse of ideas and concepts to draw on, which had been locked in separate vaults, inaccessible for decades. These were the ideas of market socialism from the USSR itself but even more so from Eastern Europe.

Within the tradition of dissent in the USSR there were three trends. One was the frankly pro-western (Sakharov), the second was anti-Soviet traditionalist (Solzhenitsyn) and the third was socialist (the Medvedevs). For a brief period, there was a surfacing of the third trend and a flourishing of interpretations of Lenin which focused on post-1920, his last years. In short, the ethos seemed to be an open socialism in an open Soviet Union.

This was summed-up in the very wording of the proposition put to the Soviet people in early 1991 at a referendum. It was carried by a handsome majority.

How then did that endorsement by the people turn into ashes by the end of that very year 1991? I wish to point to a factor other than the farcical coup attempt: a paradoxical choice that Gorbachev and his team made.

I cannot pin down a date or even a year but somewhere along the line, two interconnected changes of track were made, amounting to what would be called a deviation in the old lexicon.

The first was ideological and domestic. There was a permeation between ideas of a reformed socialism and a political identity of an open, democratic Left, on the one hand, and on the other, ideas of capitalism liberal democracy and worse, Western rightwing ideology. To put it bluntly, the goals and ideas of a reformed socialism in the realm of economics, were increasingly subverted and displaced by ideas of free-market capitalism and nihilism towards the state.

The counter to this rightwing deviation came from conservative Soviet Marxists like Nina Andreyeva and Yegor Ligachev, whose time had come and gone. There was no one who fought back on the basis of the original program and promise of socialist modernity of 1985-1987.

The second paradoxical choice was in the realm of foreign policy and external relations. In the 1980s the USSR had the option of reaching out to the Social Democrats in the west and elsewhere as the primary allies of the reform Communists who were also strong in parts of Europe. Even in Eastern Europe, there were renovated, reformist socialist trends that had arisen, though they were not preponderant. The USSR under Gorbachev also had the sympathy of a strong peace movement in the West.

In what was probably the biggest blunder made by Gorbachev, he bypassed or downgraded this proximate option of an alliance with the social democrats, the Communists and the peace movements, and instead flung himself into an embrace with Reagan and Thatcher, who were hardly sympathetic to his project of a reformed socialism.

The Mikhail Gorbachev I saw and applauded in July 1985 in Moscow at the World Festival of Youth and Students had disappeared, only to be replaced by a nave fellow-traveller of the most hawkish, anti-Soviet leaderships of the West.

The Soviet tragedy was avoidable. It is interesting that Fidel Castro refused to regard Gorbachev even in retrospect as anything but sincere, though profoundly in error. Fidel told the Sandinista Commander Tomas Borge, that the end of the Soviet Union was a case of suicide, not homicide. Mikhail Gorbachev was a tender-minded tragic figure, who, by his inexplicable confusion and conversion, assisted that suicide of a superpower.

Dr Dayan Jayatilleka is the author of The Fall of Global Socialism: A Counternarrative from the South (Palgrave Macmillan, London, 2014), and Fidels Ethics of Violence: The Moral Dimension of the Political Thought of Fidel Castro (Pluto Press, London, 2007).

Factum is an Asia Pacific-focused think tank on International Relations, Tech Cooperation and Strategic Communications accessible via http://www.factum.lk.

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Factum Perspective: Mikhail Gorbachev and the Vertical Downfall of Soviet Socialism - NewsWire