Daily News Digest Archives
Images Of the Day:
Bendib: Biden ScaredJames Baldwin Another Example of 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:
The Intercept reached out to several television stations that it could identify as having run Ed Newsfeed stories, including KPVM and KLAS-TV in Nevada, KTVK in Arizona, and Fox34 (KJTV) in Texas. No representative returned request for comment. Blanks Jr. confirmed that “there are no requirements for TV news stations as far as attributing the content to Ed Newsfeed” and described the program as a “free service, run by a network of seasoned broadcast professionals, [and] offered to stations to be able to use video and interviews in any manner they see fit.” Pointing to budget cuts in the struggling news industry, he added: “The majority of news stations do not have an education reporter, so the goal is to help them bring innovative education stories, as well as heart-warming people stories, tied to education topics to their viewers.” — School Privatization lobby Places Fake News On Local Stations
Videos 0f the Day:
1979 Profile of James Baldwin was Never Aired
Cops lied to put him in handcuffs, but a camera caught the truth!
NSA Whistleblower Reality Winner Released from Prison as Family Pushes Biden to Pardon Her
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!
AOC Leads 110 Representatives Demanding a Living Wage for Congressional Staff Rep. Alexandria Ocasio-Cortez (D-New York) is the lead signer of a letter from 110 representatives to the House Appropriations Committee requesting bigger budgets for their offices. The representatives are asking for more money so they can pay their staff fairer wages, allowing them to afford to live in the expensive Washington, D.C. area. “For years, pay and benefits for the staff of Member offices, leadership offices, and committees have fallen farther and farther behind what is offered in the private sector,” the letter reads. “At the same time, the cost of living here in our nation’s capital has risen substantially, placing opportunities such as homeownership, rental housing, and childcare out of reach for many.” By Sharon Zhang
What’s the Difference Between a Waitress and a Private Equity Partner? (Their Tax Rate) If the waitress works in an upscale restaurant and earns a decent living, there is a good chance that she is paying a higher tax rate than a private equity partner. The reason is that private equity (PE) partners get most of their pay in the form of “carried interest.” This is money that is paid to them as a share of the returns on the money they manage. Since private equity partners are rich and powerful, their carried interest payments are taxed at the capital gains tax rate of 20 percent, instead of the 37 percent top tax rate that people earning millions a year would be paying. By Dean Baker
Environment:Rising Floods Threaten Danish Financial System Stormier seas and more frequent floods can cause havoc anywhere. The Danish financial system is now growing apprehensive. Flooding caused by storm surges and general changes in climate give rise to misery around the world, destroying homes and livelihoods and forcing the migration of hundreds of thousands of people. The financial impact of floods can also impose severe economic strains, and not just in the developing world: the Danish financial system now fears growing losses to come. By Kieran CookeNorwegian ‘People vs. Arctic Oil’ Case Heads to European Human Rights Court “We have to take action now to limit irreversible damage to our climate and ecosystems to ensure livelihoods for the coming generations,” said one activist. After repeated rulings from Norwegian courts that the nation’s oil policy does not violate its constitution, six young climate activists and two environmental groups on Tuesday announced an application for a related case to the European Court of Human Rights. By Jessica Corbett Share of Fossil Fuels in Global Energy Mix ‘Has Not Moved by an Inch’ in a Decade “We are waking up to the bitter reality that the climate policy promises over the past 10 years have mostly been empty words,” said the executive director of REN21, which released the new report. By Jessica Corbett Civil Rights/Black Liberation:
Murder of Winston Smith and Future of George Floyd Square – State Violence Continues in Minneapolis The murder of Winston Smith and the attempted reopening of George Floyd Square show that the state has no interest in stopping its violence. Just over a month ago, former police officer Derek Chauvin was found guilty of murdering George Floyd. The verdict came days after another former police officer, Kim Potter, shot and killed Daunte Wright. The state and mainstream media did an excellent job portraying Chauvin as a bad apple when in reality he was a sacrificial lamb being sacrificed to protect the racist-capitalist power structures. Chauvin hasn’t even been sentenced yet. But as the National Guard went home and the razor wire fences came down, Minneapolis leaders decided that enough time had been wasted on honoring George Floyd’s memory. By Adnan Ahmed
Labor:
Unequal America: Ten Insights On the State of Economic Opportunity
Economy: