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About Mark Dempsey

Mark Dempsey is a former Realtor and member of a Sacramento County Planning Advisory Council who tries to maintain his sanity and still live in Sacramento County -- described by a former Supervisor as the county most under the influence of development interests in the
state. This was not a contest we would have liked to win.

Debunking Money Myths

Debunking Money Myths

Mark Dempsey: These myths have been repeated by scholars from Aristotle to Adam Smith and beyond, but myths are not true just because they are repeated.

By Mark Dempsey posted on January 13, 2019

The Thanksgiving Conversation about Money

Fiscal Responsibility

Mark Dempsey: Whenever the U.S. has succumbed to the deflationary siren song of “Fiscal Responsibility™” borrowers suffer.

By Mark Dempsey posted on November 29, 2018

Sprawl Costs Us All

Sprawl Costs Us All

Mark Dempsey: More compact development is roughly half as expensive to maintain as sprawl, so sprawl costs local governments dollars they might need for other services, and just from a financial standpoint, sprawl degrades the public realm.

By Mark Dempsey posted on August 12, 2018

Religious Tendencies

religious tendencies

Mark Dempsey: Even today, people can do amazing things in their service to … oh, the Oakland Raiders. Sure, that’s not the church-recognized God, but it has that quality of devotion the Great Observations require.

By Mark Dempsey posted on July 16, 2018

How to Tell Left from Right

How to Tell Left from Right

Mark Dempsey: Another signature distinction between Right and Left is the refusal by the Right to acknowledge how effective collective action can be. For the political right, all productive actions, all responsibilities, originate with the individual.

By Mark Dempsey posted on July 15, 2018

The Plutocrats’ Toxic Narrative: Lies, Half Truths and Bigotry in Service to Big Money

Plutocrats Toxic Narrative

Mark Dempsey: America’s recent austerity is strictly optional. The U.S. has made money without limit to bail out banks and prosecute wars. Why not improve the infrastructure?

By Mark Dempsey posted on April 11, 2018

The Rectification of Names

Cutting Entitlements

Mark Dempsey: Economic rent is money paid for no productive purpose, owed simply because of the rentier’s political influence or social status. Classical economics also decried rent as what kept an economy from being truly productive.

By Mark Dempsey posted on March 20, 2018

The Problem(s) with Bitcoin

Mark Dempsey: The next time you hear a national politician say “Oh we can’t have [blank]” where blank is anything from free college tuition to single-payer healthcare, “because we’d have to raise taxes too much to afford it.” … you know they are not telling the truth. Taxes make the money valuable; they do not fund programs.

By Mark Dempsey posted on February 11, 2018

Let’s Stop Pretending We’re Insolvent

Make America Solvent Again

Mark Dempsey: Yet we’re only short of money when it comes to climate remedies, funding schools, or grandma’s pension. But government just spent trillions for banks and Middle East wars without a peep from the Fiscally Responsible people.

By Mark Dempsey posted on May 13, 2016

The Government “Debt” Flim Flam

golden egg

Mark Dempsey: American government has the legal right to create literally unlimited dollars, so it can never be insolvent. It will run out of dollars when the Bureau of Weights and Measures runs out of inches.

By Mark Dempsey posted on November 18, 2012

Enlightened Economics: There Is an Alternative

money lesson

Mark Dempsey: One Modern Monetary Theory economist suggests sending each American household $50,000 to pay down debts, which would not only be cheaper than the $16-$29 trillion Wall Street bailout, it would bail out Main Street instead of the banks.

By Mark Dempsey posted on August 27, 2012

Government “Debt” Isn’t What You Think

debt ipo

Worrying about government debt is like worrying about the monster under the bed. The issue isn’t debt, it’s power.

By Mark Dempsey posted on May 18, 2012

The Money Delusion

money mint

Mark Dempsey: Why does the Finance, Insurance, Real Estate sector, whose frauds caused the current economic meltdown, get trillions at the drop of a hat, and social safety net programs and revenue sharing with states, whose needs are far more modest, get the “one-finger salute”?

By Mark Dempsey posted on March 5, 2012

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Refugees Begging Entry

Another Brick in the Wall

Royal We

Dear Mister President: The Royal We


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Trump Makes Dubya Look Smart

To Brits, Trump Makes Dubya Look Smart

Lance Simmens: “He has no class, no charm, no coolness, no credibility, no compassion, no wit, no warmth, no wisdom, no subtlety, no sensitivity, no self-awareness, no humility, no honour and no grace – all qualities, funnily enough, with which his predecessor Mr. Obama was generously blessed.”





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Los Angeles

LA County Construction Vote

L.A. Jail Vote: Wrong Side of History

Peter Laarman: Everyone in the auditorium on today could smell the bad faith in the comments of supervisors Barger, Hahn, and Ridley Thomas.

More Posts from Los Angeles

The Middle East

Anti-Semitism Claims

Don’t Let Bogus Claims of “Anti-Semitism” Derail the Pro-Palestinian Movement

Jim Lafferty: The pro-Israeli lobby is rapidly losing its propaganda campaign aimed at silencing those who dare to criticize the bad behavior of the Israel government.

More Posts from The Middle East

Economic Issues

Forex Market

How to Get Started in Forex Market

Daffa Zaky: Probably the number 1 thing you need to understand is to learn the basics first. Forex markets can grow complex as you invest more in the market.

More Posts from Economic Justice

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