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Due to Years of Austerity, Cuts to Public Health Care, And An Anti-Science and Profiteering President, The United States Now Leads the World In Coronavirus Cases and Deaths in the World! And Now the Total Caronavirs Deaths in the United States are Over 20% of the Total Death in the Entire World!
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!
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:
Quotes of the Day:
And I finally said to him that it’s a nice thing to say to people that you ought to lift yourself by your own bootstraps, but it is a cruel jest to say to a bootless man that he ought to lift himself by his own bootstraps. And the fact is that millions of Negroes, as a result of centuries of denial and neglect, have been left bootless. And they find themselves impoverished aliens in this affluent society. And there is a great deal that the society can and must do if the Negro is to gain the economic security that he needs. Now one of the answers, it seems to me, is a guaranteed annual income, a guaranteed minimum income for all people and for all families of our country. It seems to me that the Civil Rights Movement must now begin to organize for the guaranteed annual income. Begin to organize people all over our country and mobilize forces so that we can bring to the attention of our nation this need, and this something which I believe will go a long, long way toward dealing with the Negro’s economic problem and the economic problem which many other poor people confront in our nation. — Martin Luther King, The Other America
Ultimately, the majority of human suffering is caused by a system that places the value of material wealth over the value of human life. To end the suffering, we must end the profit motive—the very foundation of capitalism itself. Bay Area United Against War Newsletter ((6/7/20)
Videos of the Day:
United States:
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 Reublicrats 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.
Uprising Shakes the USA: Reaping the Whirlwind Dramatic scenes from the USA have shocked public opinion and reverberated all over the world. In the streets of many American cities, huge numbers of workers and youth have moved into action. A mood of burning, uncontrollable anger has taken hold of the people. By Alan Woods
Due to Trump’s Maskless Visit, Medical Supplier in Maine Forced to Toss Out Badly-Needed Swabs “Thanks, President Jackass.” Puritan Medical Products in Guilford, Maine will have to discard an untold number of medical swabs that were manufactured while President Donald Trump toured its facility on Friday, after the president flouted basic sanitary precautions during his visit to the company’s production line. By Julia Conley
‘Whose Fence? Our Fence!‘: Trump’s New White House Barrier Transformed Into Black Lives Matter Memorial “It’s so beautiful to remember, periodically, that the American people are hungry to express creativity and to march for justice.” As peaceful protests continued to flower and grow in U.S. cities and around the world over the weekend, a newly-erected security fence established around the White House in Washington, D.C. became what one reporter described as a “crowd-sourced memorial wall“—adorned with hand-made signs, posters, and other tributes—that offered a poignant rebuke to the president’s “law and order” response to the demonstrations that erupted following the murder of George Floyd last month. By Jon Queally
Arresting Justice: Victimizing the Victimizers Won’t End the Policing Crisis In the wake of the brutal slayings of George Floyd in Minneapolis, Tony McDade in Tallahassee, and Breonna Taylor in Louisville, demonstrators nationwide and throughout the world have trained their anger on racialized police brutality and state violence, more broadly. While many have expressed support for decarceration, abolition, and cuts to police budgets, some of these same activists and commentators have petitioned for the arrest and prosecution of those responsible. By Paul M. Renfro
Trump’s SS Troops: ‘American Secret Police’? Trump Deployment of Unidentified Law Enforcement Officials Across DC Sparks Alarm“The United States would normally condemn this tactic if used by dictators of other countries, and its use here directly threatens our democracy.” By Jake Johnson
Environment:
As CO2 Levels Build Up Like ‘Trash in a Landfill,’ Earth Has Hottest May on Record “This is unquestionably an alarming sign.” The Earth just experienced its hottest May on record, scientists said Friday—just a day after it was announced that atmospheric CO2 levels hit a new high. Scientists at Europe’s Copernicus Climate Change Service (C3S) announced the temperature record Friday. The agency said that globally, last month 0.63°C warmer than the 1981-2020 average for May. That tops the previous warmest May, which occurred in 2016, by 0.05°C. By Andrea Germanos
Civil Rights/BlackLiberation:
As Protests Rage Over George Floyd’s Death, Climate Activists Embrace Racial Justice When New York Communities for Change helped lead a demonstration of 500 on Monday in Brooklyn to protest George Floyd’s killing in Minneapolis, the grassroots group’s activism spoke to a long-standing link between police violence against African Americans and environmental justice. By Ilana Cohen, Evelyn Nieves, Judy Fahys, Marianne Lavelle, and James Bruggers
Labor:
We Need a Universal Basic Income Now and After COVID-19 As the COVID-19 pandemic creeps into the summer, over 38.5 million U.S. workers are now jobless. While an unforeseen era of social distancing takes hold, consumer purchasing has slowed to a crawl, labor markets face shortages and supply chains are interrupted. Unprecedented economic uncertainty for the world’s population — the likes of which hasn’t beenseen since the Great Depression — has brought economies and incomes to a standstill. With U.S. lawmakers providing the largest handout to corporate America in history, workers have seen little relief and are struggling to keep afloat as income is ceased, bills pile up and unemployment relief is slowed. The most profitable multinational corporations, Wall Street speculators and insurance oligopolies have received trillions, while only some U.S. workers have seen a one-time payment of $1,200. Without income or guarantees from the government, consumer demand, supply chains and working people are on the brink. By Jack Delaney
The Working Class Has Yet to Recover!
Surprise: The BLS Admits Another Phony Jobs Report
Since June 2009 Americans have lived in the false reality of a recovering economy. Various fake news and manipulated statistics have been used to create this false impression. However, indicators that really count have not supported the false picture and were ignored. For example, it is normal in a recovering or expanding economy for the labor force participation rate to rise as people enter the workforce to take advantage of the job opportunities. During the decade of the long recovery, from June 2009 through May 2020, the labor force participation rate consistently fell from 65.7 to 60.2percent. —Paul Craig Roberts, The Diminishing American Economy (Updated)
Shadow Government Statistics Alternate Unemployment Charts Unemployment for April 2020 is 35.4%, 39.6% The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment
Economy:
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The Happy News – May 2020 Headline Unemployment Dropped to 13.4% from 14.7% in April, While May Payrolls Jumped by 2.5 Million versus a negatively revised April plunge of 20.7 (-20.7) Million
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Not So Happy – Massive Pandemic-Driven Disruptions to BLS Household and Payroll Surveying Have Left the Headline Employment and Payroll Data Not Credible
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May Quality Issues: Unusually Low Survey Response Levels; Revised Methodologies and Seasonal Adjustments; Counting 4.9 Million May Unemployed as “Employed” (the Third Month of Acknowledged Misreporting); Major Downside Payroll Revisions; and Headline Details Running Meaningfully Counter to New Claims for Unemployment, Irrespective of Definitional Conflicts
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May 30th Week New Claims Showed Economy Still in Downturn / Money Supply Annual Growth Surged Again to Record Highs (ALTERNATE DATA TAB) / April 2020 Trade Deficit Widened Sharply, on Early Track to Exacerbate Pending Second-Quarter 2020 GDP Contraction / After Booming
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Into the First-Quarter, Real April Construction Spending Dropped 3.0% (-3.0%) in the Month / Revised First-Quarter Real GDP Deepened to a 5.05% (-5.05%) Contraction / April New Orders for Durable Goods Plunged 17.2% (-17.2%), Following March’s 16.6% (-16.6%) Drop / April Residential Construction Plummeted Month-to-Month and Year-to-Year / April Industrial Production Monthly Plunge of 11.2% (-11.2%) Was Deepest in the 101-Year History of the Series
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Capacity Utilization Also Collapsed to a Record Low, 1.8% (-1.8%) Below the Prior Record Trough in the Great Recession / April Real Retail Sales Collapsed 15.8% (-15.8%) in the Month, by 21.9% (-21.9%) Year-to-Year, Deepest in the 73-Year History of the Current and Prior Series April Cass Freight Index® Fell Year-to-Year by 22.7% (-22.7%) to Great Recession Levels
Investors Were Being Blocked from Fund Withdrawals Months Before the Pandemic Wall Street On Parade has previously written that a financial crisis was already well under way before the first case of COVID-19 was reported anywhere in the world. This should matter greatly to Americans because the Federal Reserve is attempting to blame the financial crisis on the virus to avoid Congressional investigations of its second epic failure in a dozen years at regulating the behemoth Wall Street banks. By Pam Martens and Russ Martens
World:
The Netherlands and the decolonisation of Indonesia The Dutch King has apologised for violence committed by the Netherlands during Indonesia’s independence struggle. The crocodile tears of hypocritical elites do not make up for 300 years of brutal subjugation. The only real justice and road forward can come from the expropriation of Dutch capital: the common enemy of the Dutch and Indonesian workers. By Zowi Milanovi
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
