Daily News Digest June 3, 202

Daily News Digest Archives
Images Of the Day:
Global Warming? — G7 Summit: Burn More Oil!
Another Example Capitalism as a Failed System: World Capilalism Was Aware of the Danger of Cornovavirus Threat Over 5 Years Ago and Did Nothing!:  Under Capitalism — Human Lives Don’t Matter  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  Racism,  War, Famine, Pestilence, and Death. The future of Humanity Is Now At stake!Since World War I, ‘the war to end all wars’, there have been perpetual wars for perpetual peace, this Laura Gray’s cartoon from the front page of The Militant August 18, 1945, Under the 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!    For Decades, Blacks Have Been Subjected to The Iron Heel!   Currently, the US Capitalist Class is Divided Over When — Not If, to Apply It to Everyone!
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!
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!
Quotes of the Day:
There Is No Mystery to the Origins of  Covid-19, or Pandemics/Epidemics —  Capitalist Industrial  Animal Farms!:
The emergence of this new virus was predictable, even inevitable. To understand why requires looking back to an earlier virus that emerged in China, SARS. Like the new illness, SARS was caused by a coronavirus. In 2003, it exploded out of a “wet market’” in Guangdong where civet cats, raccoon dogs and multitudes of other animals were caged together in tight, squalid conditions.   It appears the new virus has similar origins.    The initial victims were all connected to a huge wholesale market in Wuhan, where a thousand stalls housed untold numbers of live animals kept in crowded, filthy conditions. Such “wet markets” are widespread in China, providing a newly affluent upper class with status-enhancing exotic animals to serve at dinner. Some people also believe that eating wild animals has health benefits.   The problem with the markets is that the unsanitary and tightly packed conditions in which the animals are held create perfect environments for the evolution of viruses that can jump from one species to another. The Chinese government shut down wet markets after the SARS outbreak,   but that ban was short-lived.” —Op-Ed: This New Coronavirus Was Preventable. But We Never Seem to Learn the Lessons of Former Outbreaks
Videos 0f the Day:
PM Netanyahu Meets Indiana Governor Mike Pence
On Contact: Corporate Tyranny & Steven Donziger
Podcast: America Is Building Mountains of Radioactive Fracking Waste & the One in Joe Biden’s Hometown Is Under Criminal Investigation
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 ownershipof the Reublicrats, who profit from war and the war budget, voted 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.  Tax the Rich!  — They Can Afford To Pay!
Democrats Can’t Filibuster But Republicans Can?!:     Cutting off debate in the Senate so legislation can be voted on is done through a procedure called “cloture,” which requires three-fifths of the Senate — or 60 votes — to pass. I went through the Senate’s cloture votes for the last dozen years from the 109th Congress until now, tracking how many of them failed because they didn’t hit 60 votes. It’s not a perfect method of tracking filibusters, but it’s as close as we can get. It’s clear that Republicans have been much more willing — and able — to tangle up the Senate’s proceedings than Democrats. More important, the filibuster was almost no impediment to Republican goals in the Senate during the Trump administration. — The Filibuster Was Useless During the Trump Years. Now It Hurts Only Democrats.
The Bi-Partisan 1%’s Government Gradual Application of the The Iron Heel    Has Brought Us to This Point:   ‘Our Entire Democracy Is Now at Risk’ Because of GOP Attacks, Warn 100+ Scholars By Jessica Corbett
“We urge members of Congress to do whatever is necessary—including suspending the filibuster—in order to pass national voting and election administration standards.” More than 100 scholars of democracy on Tuesday released a joint “statement of concern” calling on Congress to combat ongoing GOP attacks on voting rights and ensure fair and free future U.S. elections with federal legislation. Published online by the think tank New America, the scholars’ statement comes as Republican lawmakers nationwide continue to propose and enact state-level voter suppression bills. This past weekend, Texas House Democrats staged a walkout to block state Senate-approved legislation widely denounced by voting rights advocates and other critics across the country, including President Joe Biden. The scholars also criticize GOP lawmakers for pushing “what we consider radical changes to core electoral procedures in response to unproven and intentionally destructive allegations of a stolen election,” adding: “Collectively, these initiatives are transforming several states into political systems that no longer meet the minimum conditions for free and fair elections. Hence, our entire democracy is now at risk.” Environment: 
The Looming Threat to Montana’s Rivers Straddling the Continental Divide with its majestic snow-capped mountains, Montana has some of the cleanest and coldest water in the nation. Thanks to that incredible resource, we are also world famous for our wild trout while most other states have “put and take” hatchery-raised fisheries. Those same cold and clean mountain streams flow out to our valleys and plains, feeding lakes and reservoirs while providing our municipalities with an abundance of water requiring only minimal treatment prior to use. BY GEORGE OCHENSKI
Capitalism’s Message to the World: Decision On Global Warming — Burn Baby Burn! G7 Nations Committing Billions More to Fossil Fuel Than Green Energy In spite of green rhetoric, money has piled into aviation and car industries since start of pandemic, report finds The nations that make up the G7 have pumped billions of dollars ($189bn) more into fossil fuels than they have into clean energy since the Covid-19 pandemic, despite their promises of a green recovery. By Sandra Laville
Environmental Racism: New N.C. State Study Finds Socially Vulnerable Communities Bear Brunt Of Pipelines For years, individual case studies have found that natural gas pipelines traverse primarily through socially vulnerable communities, resulting in cries of environmental injustice and lawsuits against big gas companies. Now, researchers at N.C. State University have taken those studies a step further with a deep data dive to show that the nation’s counties with the most socially vulnerable populations have significantly higher pipeline densities. By Greg BarnesCivil Rights/Black Liberation:
The Greenwood Massacre — The Truth Not Told by the Mass Media:  “Despite the progress in rebuilding Greenwood, from the 1960s through 1980s, a series of choices by white city planners destroyed the district again—this time in the name of “urban renewal.” The urban renewal movement was devastating for Greenwood; as detailed by Human Rights Watch in their 2020 report recommending reparations, a mix of policies that included eminent domain, rezoning, and highway construction led to displacement and plunging property values, while racist redlining policies prevented the injection of new capital into the community. . . .  In  1917 the Black Majority of Tulsa Were Devastated by Guns and Bombs Now the Tulsa Back Community Was Devestated By “Urban Renwal!:        Today, there is no Black Wall Street in Tulsa, and only 3% of the metro area’s residents live in Black-majority neighborhoods. Given that the historic Greenwood District was esteemed for its financial systems and services, we wanted to show how the massacre still impacts the district 100 years later through loss of Black economic power and changes in the Black workforce. . . . The map below shows a typology of neighborhoods in the Tulsa metro area. “Black-majority” indicates a community with Black population share greater than 50%; “Black-minority” indicates a Black population share less than 10%; and “integrated community” is between 10% and 50% Black. A “financial hub” designation indicates that the neighborhood has a high share (in the top third) of jobs in the finance, insurance, and real estate (FIRE) industries.: — The True Costs of the Tulsa Race Massacre, 100 Years Later
Robin D.G. Kelley: The Tulsa Race Massacre Went Way Beyond “Black Wall Street” There is so much grieving that Black people have yet to do. The grammar of our suffering from anti-Black racism has yet to be fully created. As we currently deal with the pervasiveness of Black suffering, mourning and grief related to anti-Black racism, there has been a great deal of media coverage acknowledging that this year marks 100 years since the Tulsa Race Massacre, where roughly 300 people — predominantly Black people — were killed; Black churches, schools and businesses were burned to the ground, and the homes of Black people were looted. Yet, it is still not clear to me that white America is ready to acknowledge how Black people have suffered and continue to suffer under systemic white racism.American liberty was built on slavery and dispossession because liberty was fundamentally about property rights. . . .  We should not have to carry the weight of maintaining the democratic spirit of this country because it is not a democracy and never has been. . . .Going forward, I see no end in sight when Black people will have their humanity fully recognized, especially when it seems that anti-Blackness is fundamentally linked to white America’s social DNA, its understanding of itself, its identity. James Baldwin was right where he links “the Negro problem” with the failure of white people to truly love themselves. He was also right where he notes, “All of us know, whether or not we are able to admit it, that mirrors can only lie, that death by drowning is all that awaits one there.” How might we deploy history to shatter those mirrors that lie to white people and by extension free them from needing us as a “problem”? — Robin D.G. Kelley: The Tulsa Race Massacre Went Way Beyond “Black Wall Street” Black Agenda Radio for Week of May 31, 2021  With Margaret Kimberley and Glen Ford
The CIA’s New “Woke” Façade George Floyd Not a Martyr The planet’s premier assassination and regime-change agency is advertising itself as a “woke” workplace populated by young Black, Latina and LGBTQ staffers. The ads are “an attempt to blend identity politics and intersectionality with imperialism,” said Ramiro Sebastion Funez, on his podcast “Unmasking Imperialism.”
The Politics of Performance Performance art has the power to make the future felt in the present. “We are in the world that we want to create right now,” said Troizel Carr, a doctoral candidate in performance studies at New York University and teaching fellow at the New Museum of Contemporary Art. “When we talk about abolition,” said Carr, “we have to talk about it as if we are on the run, as if we are on the run together, because that is what the enslaved people were doing.”
George Floyd Not a Martyr The effectiveness of the social justice movement should be measured by “what material conditions have actually shifted for Black people” and other vulnerable groups, said Kovie Biakolo, a widely published multiculturalism scholar specializing in culture and identity. “George Floyd was “not a martyr,” according to Biakolo. “He’s a man who wanted to live – he didn’t give his life for the cause.”
Labor:
Economy:

Inflation and instability: Contradictions Mount for Capitalism Governments across the world have spent the last year propping up the capitalist system with unprecedented state support. But these desperate measures have built dynamite into the foundations of the world economy – which is now set to explode. Governments across the world have spent the last year propping up the capitalist system with unprecedented state support. But these desperate measures have built dynamite into the foundations of the world economy – which is now set to explode.  By Adam Booth

Fed’s Reverse Repos Surge to Historic $485 Billion: What’s Wall Street Afraid of This Time? The chart above has been compiled by the St. Louis Fed using the New York Fed’s data for its issuance of Reverse Repurchase Agreements, otherwise known as Reverse Repos. What’s a Fed Reverse Repo? According to the New York Fed, it is when counterparties loan the Fed money in exchange for collateral, which is typically Treasury bills. In the most recent action, we’re talking about the New York Fed, acting on behalf of the Federal Reserve, selling U.S. Treasuries to Wall Street banks, trading houses, mutual funds and government-sponsored enterprises in overnight and weekend deals and paying zero or next to zero as an interest rate when it buys back the securities. By Pam Martens and Russ Martens 

World:
Israel and Palestine: Labour Leaders Back the Oppressors The right-wing Labour leadership’s response to the conflict in Israel-Palestine is as shameful as it is scandalous. Their equivocation of blame is a betrayal of the struggle of the oppressed Palestinians against their massacre, by a highly militarised state based on systematic discrimination and oppression. The Labour Party must not become an accessory to the crimes of the Israeli regime, but must stand firmly for the liberation of Palestinians. By Khaled MalachiEducation, Health, Science, 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 pass universal healthcare for themselves, but 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 
Author of Wall Street Journal “Wuhan lab” story wrote lies about Iraqi “Weapons of Mass Destruction”   The lead writer of the Wall Street Journal piece that led to the embrace by the entire US media of the “Wuhan lab” theory was the co-author with Judith Miller of the discredited “aluminum tubes” story that helped launch the US invasion of Iraq. On May 23, the Wall Street Journal published an article titled “Intelligence on Sick Staff at Wuhan Lab Fuels Debate on Covid-19 Origin.” Citing unnamed “current and former officials,” it claimed that researchers at the Wuhan Institute of Virology “went to hospital in November 2019, shortly before confirmed outbreak” of COVID-19. Two days later, on May 25, Health and Human Services Secretary Xavier Becerra, speaking at the United Nations World Health Assembly, demanded a “transparent” investigation into the origins of COVID-19. The next day, On May 26, US President Joe Biden called on the “Intelligence Community” to investigate whether COVID-19 arose “from a laboratory accident” and “report back to me in 90 days.” Media reports by NBC, CNN, and the New York Times followed. All of them claimed that the Biden Administration’s actions were triggered by the “new evidence” presented in the Wall Street Journal article. Within 24 hours of publication of the Journal’s report, all of these publications declared that the Wuhan Lab conspiracy theory was “credible.” By Andre Damon