Daily News Digest April 1, 2020

Another Example Capitalism as a Failed System: World Capilalism Was Aware of the Danger of Cornovavirus Threat 4 Years Ago and Did Nothing!

Capitalism Does Not, and Never Has, Worked for the Masses! In Its Death Agony, Capitalism Is Traveling About The World Like The Four Horsemen of the The Apocalypse, Spreading War, Famine, Pestilence, and Death. The very future of Humanity Is Now At stake!occupy1

Daily News Digest Archives

Laura Gray’s cartoon from the front page of The Militant August 18, 1945, under banner headline: “There Is No Peace”

During This Economic Crisis, Capitalism’s Three-Point Political Program: 1.Austerity, 2.Scapegoat Blacks, Minorities, and ‘Illegal’ Immigrants for Unemployment, and 3.  The Iron Heel!  Always Remember:  That President Obama, With a Majority Democrat Legislature Supported the Wall Street Bailout and Remember, That he Established, in writing,  the United States Capitalist Austerity Program. —  The Race to the Bottom/Pauperization of the 99%!

Democracy?:As the Capitalist Robber Barons Steal from the 99%,  Only the 1% Voted For Austerity!   The 99% Should Decide On Austerity — Not Just The 1% Who, Profit From Austerity!!  Under Austerity, All of the World Will Eventually Be Pauperized, Humbled, and Desecrated Like Greece and Puerto Rico.!   Socialism Means True Democracy, that the 99% Will Rule, Not the Few!

Images of the Day:

Trump and the Rest of the 1% are Guilty of  Social Murder

I Don’t Take Responsivity

Quote of the Day:

In a time of uncertainty, facts provide clarity. In a time of division, facts unite. In a time of crisis, facts matter most. — Push Aside the Finger-pointing, Politics and Noise About the Coronavirus. The Facts are all That Matter.

Videos of the Day:

Insurance Companies Already Know How They’ll Profit From COVID-19 40 million people may lose their jobs in the coronavirus crisis. Former Cigna VP Wendell Potter says tying health insurance to employment has made the outbreak devastating for people, but not for insurance companies.U.S.:

The United States is not a Democracy (A government in which the supreme power is vested in the people and exercised by them directly)! Only the 1%, through their ownership of the Republicrats and who profit from war and the war budget, vote for War and the war budget — A policy, which Gore Vidal called a  Perpetual War for Perpetual Peace. — The 99% Should Decide On War — Not Just The 1% Who Profit From War!  Under a Democracy, The 99% would have the right to vote on the policy of Perpetual War for Perpetual Peace! The United States takes from the poor and gives to the Rich.

There Are Less Than 2 Labs Per State Offering Testing.:

As of the evening of March 30, the total number of public health laboratories (PHL) that have completed verification and are offering testing is 94. This includes one or more PHL in 50 states plus DC, Guam and Puerto Rico.— CDC Testing in U.S.

­The main concern of all sections of the American ruling elite is to reestablish the process of extracting profits from the labor of tens of millions of American workers, regardless of the impact on their health. Trump Boasts Holding US Pandemic Deaths to 200,000 Would Be “A Good Job”

Update: United States  Coronavirus Cases:181,986; Deaths: 3,659; Serious Critical: 3,981

As Mnuchin Smirks:  ‘No More Spending’: After Securing $4.5 Trillion Corporate Bailout, Trump White House and GOP Cast Doubt on New Stimulus “Trillions for big business. Bare minimum for you.”  By Jake Johnson

Social Murder: Trump Risks the Live s of Millions to Save HimselfPeople are dying. Businesses are failing. Workers are losing jobs. But above all we as a nation must keep in mind the terrible cost borne by President Trump.“It cost me billions of dollars to become president,” he said at a White House briefing Sunday evening that was, ostensibly, about the coronavirus response. He felt so proud of the sacrifice he’d gladly and selflessly made that he repeated the sentiment four more times. “I will say that it cost me billions of dollars to be president and especially with all the money I could have made for the last three, four years.” By Dana Milbank

During this Pandemic the Vulture Capitalist are Swarming!: Cuomo Puts Private Equity Vulture in Charge of Coronavirus Economic RecoveryNew York Governor Andrew Cuomo announced at a press conference on Monday, March 23 that he was charging his former high-level aides William Mulrow and Steven M. Cohen with rebuilding New York’s economy in the wake of the coronavirus outbreak. Cuomo’s former aides have deep ties to Wall Street: Mulrow is a senior advisory director at the private equity giant Blackstone Group and Cohen is chief administrative officer of MacAndrews & Forbes, the conglomerate owned by billionaire Cuomo donor Ronald Perelman.

From the Wizard of Oz: Mnuchin Admits Trump’s Budget Cuts Social Security Even as President Claims He Is ‘Not Touching’ the Program“When Steve Mnuchin or any other politician says that a ‘reduction in the rate of increase’ is different than a benefit cut, they are shamelessly lying.” By Jake Johnson

Military Industrial Complex: Pentagon Asks to Keep Future Spending Secret The Department of Defense is quietly asking Congress to rescind the requirement to produce an unclassified version of the Future Years Defense Program (FYDP) database. Preparation of the unclassified FYDP, which provides estimates of defense spending for the next five years, has been required by law since 1989 (10 USC 221) and has become an integral part of the defense budget process. But the Pentagon said that it should no longer have to offer such information in an unclassified format, according to a DoD legislative proposal for the pending FY 2021 national defense authorization act. “


Trump Insider Embeds Climate Denial Into Agency Reports Five years ago, the leading climate denial organization in the UK, the Global Warming Policy Foundation (GWPF), published a pamphlet entitled: Carbon Dioxide, the good news. The paper reiterated many of the climate deniers’ favorite, but long discredited, arguments. In many ways, the GWPF’s claims on climate science would be laughable if the ramifications were not so serious. They boil down to two main arguments: firstly, that there has been no warming and secondly, even if there has been warming, carbon dioxide is good for you. By Andy Rowell

Civil Rights/ Black Liberation:

Black Agenda Radio for week of March 30, 2020

  • Mumia: Things Fall Apart Citing the novel by Chinua Achebe, political prisoner Mumia Abu Jamalnotes: “We see outside our doors, our windows, a world we did not know, that now exists. A silent, unseen disease gives vent to massive unease and unleashes unprecedented fear… A pandemic came to visit the world’s richest country – and things fall apart.”

  • Can Black Marxists Imagine the Unimaginable? “There’s always something new that we couldn’t anticipate,” said Minkah Makalani, professor of African and African American Studies at the University of Texas at Austin. The unimaginable suddenly becomes a problem or opportunity to the confronted. He compares that crossroads to the advent of “dub music, and how it emerged almost accidentally.” Makalani authored an article titled “The Politically Unimaginable in Black Marxist Thought.”

  • Bernie Sanders’ Socialism Isn’t the Real Thing “There’s always something new that we couldn’t anticipate,” said Minkah Makalani, professor of African and African American Studies at the University of Texas at Austin. The unimaginable suddenly becomes a problem or opportunity to the confronted. He compares that crossroads to the advent of “dub music, and how it emerged almost accidentally.” Makalani authored an article titled “The Politically Unimaginable in Black Marxist Thought.”

How 20,000 Blacks Died Through Starvation and Overwork in the ‘Devil’s Punchbowl’ Labour Camp in Mississippi In America’s chequered history, the South is regarded as the more villainous; on account of their treatment of enslaved blacks and great lengths it went to recapture slaves, who attempted running away to freedom. But the North proved that on its own account, it was as vile thanks to the fate that befell supposed free Blacks in Natchez, Mississippi in the 1860s. America, supposed land of the free and great opportunities, had its own concentration camp which some estimate claimed 20,000 Black lives. By Michael Eli Dokosi


The Stagnation Over the Last Half Century of the Real Minimum Wage Is Even Worse Than It Looks ‘The Strike Wave Is in Full Swing’: Amazon, Whole Foods Workers Walk Off Job to Protest Unjust and Unsafe Labor Practices “One of the best ways to thank essential workers is to support the fight to improve their lives.” Labor rights advocates on Monday urged the public to show support and solidarity with Amazon employees who walked off the job at a Staten Island warehouse following what the workers said was an unacceptable response by the company to at least one case of coronavirus at the facility. By Julia Conley

New York AG Denounces ‘Immoral and Inhumane’ Firing of Amazon Worker Who Led Protest Over Lack of Coronavirus Protections “Taking action cost me my job,” said Chris Smalls. “Because I tried to stand up for something that’s right, the company decided to retaliate against me.”B y Jake Johnson


The Dark Secrets in the Fed’s Last Wall Street Bailout Are Getting a Devious Makeover in Today’s Bailout From December 2007 to November 10, 2011, the Federal Reserve, secretly and without the awareness of Congress, funneled $19.6 trillion in cumulative loans to bail out the trading houses on Wall Street. Just 14 global financial institutions received 83.9 percent of those loans or $16.41 trillion. (See chart above.) A number of those banks were insolvent at the time and did not, under the law, qualify for these Fed loans. Significant amounts of these loans were collateralized with junk bonds and stocks, at a time when both markets were in freefall. Under the law, the Fed is only allowed to make loans against “good” collateral.  Six of the institutions receiving massive loans from the Fed were not even U.S. banks but global foreign banks that had to be saved because they were heavily interconnected to the Wall Street banks through unregulated derivatives. If one financial institution in this daisy chain of derivatives failed, it would set off a domino effect. By Pam Martens and Russ Martens

Largest Recipients of Federal Reserve Bailout Funds, 2007 to 20


Health, Science, Education, and Welfare:

The government of the United States can pass laws in a few days to spend tens of trillions of dollars for war and the bailout of Wall Street and the bankers. Yet, those who ‘governn’, pass universal healthcare for themselves, but they cannot spend even one trillion dollars for universal health for those who are ‘governed’! This is what is considered, by the powers to be,  a democracy and part of the democratic way. — Roland Sheppard, Let the People  Vote on Healthcare! 

Republican Governor Slaps Down Trump Testing Claim: ‘That’s Just Not True’ Maryland Gov. Larry Hogan said there remains a shortage of tests, personal protective equipment and ventilators in every state.

Capitalist Priorities Business First Health Last!: As Thousands of Las Vegas Hotel Rooms Sit Empty, City Paints ‘Social Distancing Boxes’ in Parking Lot for Homeless People “This is America.” By Julia Conley