Speaker of the House Johnson is trying to rally support behind a novel way of funding Ukraine's war against Russia.

The Color is Green

Coretta Scott King is credited with the comment, "The color isn't white or black, the color is green" (meaning money). Last week we looked at food and discussed using leafy greens as the base of the diet. This week let's look at small and large greens producers. I can imagine small farmers in every region growing food for their community. This is a way to ensure everyone has access to fresh greens. I also want to look at the nature of money (the other green) and how we might transition toward socialism with worker coops.

In a surprise move, the EU special purpose vehicle for trade with Iran (INSTEX) exercised its first trade today. The body was set up to facilitate exports of Iranian oil without U.S. dollars, avoiding a sanctions regime imposed unilaterally by the U.S.

Instex is now operational despite U.S. threats to European banks and officials of reprisal sanctions if they violated Iran sanctions.