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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 (Fascism)! 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:
Assange is being extradited because his organization WikiLeaks released the Iraq War Logs in October 2010, which documented numerous US war crimes — including video images of the gunning down of two Reuters journalists and 10 other unarmed civilians in the Collateral murder video, the routine torture of Iraqi prisoners, the covering up of thousands of civilian deaths and the killing of nearly 700 civilians that had approached too closely to US checkpoints. He is also being targeted by US authorities for other leaks, especially those that exposed the hacking tools used by the CIA known as Vault 7, which enables the spy agency to compromise cars, smart TVs, web browsers and the operating systems of most smart phones, as well as operating systems such as Microsoft Windows, macOS and Linux. — Hedges: The Most Important Battle for Press Freedom in Our Time
Capitalism in the 1950s Vacinatef the World With Polio Vaccine anf Ended the Polio Panedmic! The COP26 Summit Demonstrated That Today’s Capitalism Has Refused to Vaccinate the World and End the Covid Pandemic!: The Pitiful! COP26 Capitalist Summit Demonstrates that Capitalism is Useless to Humanity! It Cannot Stop Global Warming Humanicide! Hummanity has no Other Choice But to Fight for Ecosocialism!
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, 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! Every ‘Tax. Reform’ From President Kennedy has Been an incrase in taxes from the Poor,the Woking Class, and the Middle Class, to the Rich! —The United States takes from the poor and gives to the Rich. Tax the Rich! — They Can Afford To Pay!
Chomsky: Build Back Better Fiasco Exposes How Both Parties Serve Corporate Power Failure of Biden’s efforts to reshape federal priorities will have a terrible human cost and hand the GOP a weapon. The United States is an abysmal outlier among its economic peers when it comes to social protection programs. Consider, for example, paid parental leave. According to a survey of the parental leave systems of 41 members of the Organization for Economic Cooperation and Development (OECD) and the European Union, the U.S. was the only country that does not mandate a single week of paid parental leave. It also has an infrastructure bordering on the verge of collapse, including crumbling roads and bridges, water and energy systems.
Environment: 
The Covid Pandemic Has Proven, That, Under Capitalism, Collective Action of Nations is Longer Possible! Every Solution to Potential Humancide That Iv’e Seen Sees Collective Action as Nesessay to Prevnet the Catastrophe of Severe Global Warming! To Have ‘Collective Action’ A New Economic World is Necessay! — A Global Ecosocialist Society
Time Is Runny\ing Out: Our Last, Best Chance On Climate! The COVID-19 pandemic showed us that human existence is fragile and perilous. However, if we do not take action now against climate change, the damage could be even greater and more lasting than the effects of the pandemic. Our Last, Best Chance On Climate! The COVID-19 pandemic showed us that human existence is fragile and perilous. However, if we do not take action now against climate change, the damage could be even greater and more lasting than the effects of the pandemic. These are the key objectives for the Glasgow conference:
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Broad-based targets and a roadmap to secure net zero by mid-century and keep 1.5 degrees Celsiuswithin reach, with ambitious action on carbon pricing, sector policies, phaseout of coal, and support for innovation.
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Support for adaptation and resilience, especially in poor and vulnerable countries, and for protection and rebuilding of natural capital.
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Mobilization of private businesses and climate finance to support these objectives and channeling of finance to emerging market and developing economies.
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Collective action to deliver these goals by finalizing the Paris Rulebook and accelerating collaboration.
Climate Optimism is an Illusion, UN Chief Tells Cop26 António Guterres says talks may have to become annual and urges countries to ‘choose ambition’ Optimistic assessments of progress on tackling the climate crisis were “an illusion”, the UN secretary general has said in a scathing critique of world leaders’ efforts so far to cut greenhouse gas emissions and stave off climate breakdown
G20 Summit Deemed ‘Abysmal and Total Failure’ on Vaccine Equity, Climate Action “The bottom line is that this summit failed to deliver much of anything for people, planet, or prosperity.” Leaders of the world’s richest nations wrapped up the Group of 20 Summit in Rome on Sunday after taking virtually no concrete action to tackle the coronavirus pandemic and the intensifying climate crisis, drawing condemnation from human rights advocates who deemed the gathering’s outcome an “abysmal and total failure.
Climate Apartheid: The Global Climate Wall Executive Summary of Global Climate Wall, a new study published by the Transnational Institute. The world’s wealthiest countries have chosen how they approach global climate action – by militarizing their borders. As this report clearly shows, these countries – which are historically the most responsible for the climate crisis – spend more on arming their borders to keep migrants out than on tackling the crisis that forces people from their homes in the first place.
Civil Rights/ Black Liberation:
Labor:
Glonaly, The Working Class is Bieing Pauperized As the Rich Get Richer! Hidden behind the speech of UK finance minister Rishi Sunak’s bold talk about a coming economic boom and ‘levelling up’ is the reality for average real (after inflation) wages in the UK over the next five years. According to the Institute of Fiscal Studies, ‘mean’ average real wages are expected to have remained stagnant for 20 years by 2026! And in 2026, real wages are forecast to be £11.70 lower than if the pre-2008 trend in wage growth had continued. — Michael Roberts Blog
Economy:
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“Advance” Third-Quarter 2021 Annualized Real GDP Growth of 2.02% Was Entirely in Increased Inventories Third-Quarter Final Sales Declined at an Annualized Pace of 0.07% (-0.07%),
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First Decline Since the Great-Recession, Outside of Pandemic-Collapsed First- and Second-Quarter 2020 GDP; Separately, Third-Quarter ShadowsStats Corrected GDP Contracted by 0.05% (-0.05%)
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Headline Year-to-Year GDP Inflation Hit a 38-Plus Year High of 4.53%
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September Money Supply Growth Continued Surging at Record High Levels
Wall Street Banks Closed in the Red on Friday on Reports of Hedge Fund Losses On Friday, the Dow Jones Industrial Average, S&P 500 Index and Nasdaq Composite, all closed in positive territory. But as the chart above indicates, mega banks on Wall Street closed in a sea of red ink. Citigroup (ticker, “C”) was among the big losers, closing down 1.72 percent, followed by Credit Suisse (CS) down 1.62 percent and Deutsche Bank (DB), down 1.31 percent. JPMorgan Chase (JPM), Barclays (BCS) and Goldman Sachs (GS) closed down less than 1 percent on Friday.
World:
Evergrande Crisis: Capitalism With Chinese Characteristics China is discovering that under capitalism, wdebts, is reminiscent of the subprime mortgage crisis. The Chinese government is facing the same dilemmas as the US over a decade ago, as it stares into the abyss of capitalist crisis.
Haiti’s Humanitarian Crisis Reveals the Human Costs of US Interventionism This September, U.S. border patrol agents violently seized Haitian refugees along the Rio Grande, attracting fierce criticism and international attention. Officers on horseback trotted through families, wielded their reins as whips and chased migrants carrying their meager possessions in plastic bags. After scandalizing public opinion, President Joe Biden deemed the operation “outrageous” and promised that the border agents “will pay.”Yet behind the scenes, his administration has swiftly deported thousands of Haitians. Authorities frequently exploit Title 42 of the Public Health Services Law to expel refugees seeking asylum. “We are doing this out of a public health need,” claims Homeland Security Secretary Alejandro Mayorkas. “It is not an immigration policy.” In practice, the legal subterfuge has allowed Customs and Border Protection (CBP) to turn historic numbers of migrants away. Recently, the U.S. special envoy to Haiti, Daniel Foote, resigned in protest, denouncing the “inhumane, counterproductive” policy.
It’s Not Just the Missionaries — There Were 782 Kidnappings in Haiti This Year While U.S. Missionaries And Children Continue to be Held Hostage In Haiti, Most Kidnappings Target Haitian Citizens President Joe Biden has received daily briefings this week on the 17 North American missionaries and children who continue to be held hostage in Haiti, according to the White House, and the U.S. has reportedly deployed three FBI agents to Haiti as well. The involvement of U.S. citizens and one Canadian citizen in this particular hostage situation have caused the kidnapping to draw some attention to this incident within U.S. media, but the broader context of widespread kidnappings in Haiti continues largely to go unnoticed in the U.S.
Health, 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 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!
The deadly coronavirus pandemic has shaken our world. Working people face a triple-emergency – illness and loss of loved ones, severe job and income losses, and a worsening housing emergency.
The emergency will, unfortunately, last well beyond 2020. We cannot afford to wait until the health crisis is over to set in motion the massive jobs and housing investments that workers will need.
That’s why we’re fighting to tax Amazon and other big businesses, to fund immediate COVID-19 relief for working people, and then to go on in 2021 and beyond to fund a massive expansion of new, affordable, social housing and Green New Deal renovations of existing homes. These programs have the potential to create and support thousands of good, union jobs. We’re also fighting for a statewide suspension of rent, mortgage, and utility payments, because hundreds of thousands of working Washingtonians have been laid off or have lost wages through unpaid stay-at-home.
Through the work we’ve done since 2013, my Council office has shown how we can successfully build a new party of the working class, accountable to working people. We’ve built movements and won the $15/hour minimum wage, breakthrough tenant rights, Indigenous Peoples Day, and funding to divert our youth from the racist prison-industrial complex. We’ve organized successfully to defend seniors fighting to stay in their homes, to win a new Central District Post Office, to stop gentrification and outrageous rent increases, and to defend struggling small businesses. We have joined workers on countless picket lines, and with youth in inspiring climate strike actions.
We live in one of the richest cities in the richest nation on earth. There is no shortage of resources. Yet the current economic and political system has given working people recession, unemployment, underemployment, and homelessness.
Another world is both possible. Indeed, it’s necessary.
If the COVID-19 pandemic teaches us anything, it’s that the existing profit-hungry capitalist system has failed the vast majority of working people. And it will continue to fail us. We must organize our own independent political movements, raise our demands, and fight for our rights as working people. As a member of Socialist Alternative, I recognize that we have to fight for a socialist society, one that puts people’s needs before corporate profits. My Council office will proudly continue to serve as an organizing center for movements to fight for that change. I welcome your ideas, your energy, and your involvement!
In solidarity, In solidarity, Kshama Sawant District 3
Dear Consumers!Another Example of Capitalism as a Failed System: World CaAnpilalism 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!
Shadow Government Statistics Daily Update –(October 31st to November 1s).) University of Michigan’s October Consumer Sentiment Continued to Hold Near Its New Pandemic Trough