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Images Of the Day:
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 0f the Day:
That year, Nestlé’s bottled water business racked up $7.7 billion in worldwide sales, with, the report noted, “more than $343 million of it coming from Michigan, where the company bottles Ice Mountain Natural Spring Water and Pure Life, its purified water line.” Amazingly, Nestlé only needed to pay a nominal $200 annual paperwork fee for each of its bottling facilities to secure the rights to extract, package, sell and export Michigan’s water. So, while the people of Flint and, we now know, the people of Benton Harbor and Hamtramck and Wayne, among perhaps yet untold others, had varying degrees of lead-tainted water flowing into their homes, Nestlé was paying next to nothing to pull “millions of gallons” of Michiganders’ precious resource and sell it for millions in profit. Not only was this a de facto privatization of a vital public resource, but the people of Michigan were essentially subsidizing Nestlé’s operations with dirt-cheap liquid gold. — The Tragic Cycle of Bottled Water
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 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!
Both Parties: The reason we don’t have Medicare for all is both parties are owned by giant insurance companies. The reason we don’t have a Green New Deal is both parties are owned by big oil companies. The reason we don’t have World Peace is both parties are owned by the defense industry. — Ryan Knight
The Media Monopoly: Corporate Media Harms Not Only Through Omission, But Also by Distortion A look at how the corporate media marginalized or distorted some of the most important news stories of 2020-2021. From The Washington Post’s investigation of the January 6 insurrection to The Wall Street Journal’s series about Facebook and Reuters’ examination of how “qualified immunity” protects police from prosecution for excessive force, establishment news outlets deserve credit for breaking a number of momentous stories in the past year. Yet, the establishment press missed, minimized, or mis-framed at least as many important stories as they covered thoroughly and accurately. That is why our organization, Project Censored, a nonprofit news watch, continues to monitor and identify the top 25 vital, sometimes earth-shaking stories that corporate news media ignore or distort each year.
Tax Inequality/InJustice!
Opening the Panama Canal The leak of the so-called Panama Papers has certainly set the cat of popular disgust among the pigeons of the super-wealthy global elite. But, of course, pigeons can fly away. The Panama papers contain 11.5 million confidential documents that provide detailed information about more than 214,000 offshore companies listed by the Panamanian corporate service provider Mossack Fonseca, including the identities of shareholders and directors of the companies. An anonymous source using the pseudonym “John Doe” made the documents available in batches to German newspaper Süddeutsche Zeitung beginning in early 2015. The information documents transactions as far back as the 1970s and eventually totalled 2.6 terabytes of data. Given the scale of the leak, the newspaper enlisted the help of the International Consortium of Investigative Journalists, which distributed the documents for investigation and analysis to some 400 journalists at 107 media organizations in 76 countries.
Environment:
World’s Militaries Avoiding Scrutiny Over Emissions, Scientists Say Countries do not have to include armed forces’ emissions in their targets despite estimates sector creates 6% of greenhouse gases Armed forces are among the biggest polluters on the planet but are avoiding scrutiny because countries do not have to include their emissions in their targets, scientists say. The world’s militaries combined, and the industries that provide their equipment, are estimated to create 6% of all global emissions, according to Scientists for Global Responsibility (SGR).
OP26: The Climate Cost of War The most important events at the United Nations-sponsored COP26 climate conference in Glasgow occurred not inside, but in meetings and demonstrations outside. Some 100,000 people, mostly young, marched for climate justice in Glasgow on November 6. One of the issues raised was the huge contribution of the United States military to greenhouse gas (GHG) emissions. “War Is Not Green” was a banner held on the march by members of US organisation, Code Pink. The most important events at the United Nations-sponsored COP26 climate conference in Glasgow occurred not inside, but in meetings and demonstrations outside. Some 100,000 people, mostly young, marched for climate justice in Glasgow on November 6. One of the issues raised was the huge contribution of the United States military to greenhouse gas (GHG) emissions. “War Is Not Green” was a banner held on the march by members of US organisation, Code Pink.
This article does not mention that glyphosate causes Non-Hodgekins Lymphnoma !: Big Ag Furious After EPA Determines Top Herbicides Driving Vulnerable Species Toward Extinction “It’s long past time for atrazine to be banned, and the EPA needs to crack down on the reckless overuse of glyphosate.” As Big Ag fumed Monday over a U.S. Environmental Protection Agency determination that herbicides including the endocrine-disrupting atrazine and carcinogenic glyphosate are likely to harm more than 1,600 protected plant and animal species, environmentalists pointed to the agency’s findings as proof of the need for stricter limits on the use of the dangerous poisons.
Climate Emergency, Vaccine Monopolies, and Fiscal Blindness: The Fight Against Inequality Is the Only Way Out If we are failing to meet our commitments, it is because of a handful of the richest people on the planet refuse to pay their taxes. 2021 will perhaps be remembered as the year when the great powers demonstrated their inability to assume their responsibilities to prevent the world from sinking into the abyss. I am thinking of course of the 26th United Nations Climate Change Conference (COP26) in Glasgow.
Civil Rights/Black Liberation:
Labor:
Economy:
What Has Caused the Unfolding Chaos in the World Economy? The strategists of the bourgeoisie had imagined that the Covid-19 shutdowns had merely put an already fragile world economy on pause. Once the economy reopened, it would merely be ‘unpaused’ and would proceed to stagger on as before. This is far from how things have turned out in reality. The world economy is now in the grip of chaos. It is spring 2020. The pandemic is beginning. Large parts of the world economy are closing down. Both production and demand are collapsing to historically low levels. The price of oil is imploding and contracts for future oil deliveries (so-called ‘oil futures’), are selling at negative rates. The social situation is extremely tense, arriving hot on the heels of an ominous year for the ruling class in 2019. The risk assessment agency Verisk Maplecroft estimates that in the last year: “[A] quarter of all countries in the world experienced significant increases in social unrest”. The same agency predicts that this could become “the new normal” going forward into 2020. Central banks and governments everywhere are wide awake to the fact that should millions of workers lose their livelihoods from one day to the next, extreme social unrest and probable revolt against the existing order will follow. They have therefore decided to go all in on “rescue packages” – releasing trillions of dollars of debt and printed money into the world economy.
Shadow Government Statistics Daily Update (November 15th to 16th)
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University of Michigan’s Preliminary November 2021 Consumer Sentiment Plunged Anew
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October 2021 Consumer Inflation Broadly Jumped to a Four-Decade High, Highest Since the Days of Runaway Inflation in the Early 1980s
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October 2021 Annual PPI Final-Demand Goods Inflation, and Annual and Monthly Construction Inflation Jumped to Historic Highs (Final-Demand Series Created in 2009) • Despite Highly Questionable Headline Payroll-Employment Gains, October 2021 Payrolls Continued to Hold Well Shy of Economic Recovery
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Worst-Ever 12-Month, Quarterly and Monthly Real Merchandise Trade Deficits (Third-Quarter and September 2021) Continued Pummeling U.S. Economic Activity, Despite FOMC Happy Hype
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November 2021 FOMC Announced It Would Taper Its Regular $120 Billion in Monthly Asset Purchases by $15 Billion in November and by Another $15 Billion in December 2021; Such Would Continue, Assuming the Rather Doubtful Presumption of No Further Economic Downturn, or That No “… Risks Emerge That Could Impede the Attainment of the [FOMC] Committee’s Goals” [See SYSTEMIC RISK]
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“Advance” Third-Quarter 2021 Annualized Real GDP Growth of 2.02% Was Entirely in Increased Inventories, Where Final Sales Declined at an Annualized Pace of 0.07% (-0.07%), the First Decline Since the Great-Recession, Outside of the Initial Pandemic-Collapsed Quarters
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Separately, Third-Quarter ShadowsStats Corrected GDP Contracted by 0.05% (-0.05%) • Headline Year-to-Year GDP Inflation Hit a 38-Plus Year High of 4.53%
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September 2021 Money Supply Growth Continued Surging at Record High Levels • Preliminary-October 2021 Monetary Base Growth Softened Minimally, but Was Rebounding Anew in Early November.
World:
Nicaragua Has a Public Relations Problem, Not a Democracy Problem US President Joe Biden hectored Nicaragua about their November 7 elections accusing them of “a pantomime election that was neither free nor fair, and most certainly not democratic.” Three days earlier, the US lavished a $650mil arms deal on Saudi Arabia, a monarchy where they don’t even pretend to have elections for higher office. Clearly more than democracy is at issue with the US offensive against Nicaragua.
The Gangs of Haiti and the Failure of Bourgeois Rule The economic and political situation in Haiti continues to deteriorate, with seemingly no end in sight to the suffering of the masses. The problem of the gangs, which has been growing for some time, is now reaching crisis levels with gangs blocking ports and preventing the delivery of fuel around the country in an effort to force the resignation of Prime Minister Ariel Henry. Following the assassination of president Jovenel Moïse in early July, which is still shrouded in mystery, what little remains of the disintegrating Haitian state has been unable to deal with the situation.
Iran: Never-Ending Strikes and Rising Class Consciousness In the last month there have been over 150 strikes and protests across Iran. This is only the latest strike wave since 2018. The ongoing struggles include oil workers in Khuzestan, the Haft Tappeh sugar plantation workers, miners in Azerbaijan, Khorasan and Kerman, national protests of teachers, and ongoing farmers’ protests among others. All the while, the social crisis in Iran is continuing to plummet to new depth.
Sudan: Reaction Intensifies As the Masses Dig In – Fight the Counter-Revolution! The heroic masses of Sudan are still taking to the streets to resist the military coup, in defiance of bullets, beatings and arrests at the hands of the security forces. On Saturday 13 November, huge numbers of protestors mobilised for a second nationwide demonstration, after weeks of intense organisation efforts by the neighborhood resistance committees – despite a total telecoms blackout and a campaign of terror by the counterrevolution.
Education, 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
Health costs will rise for the ‘fixed income’ elderly. Thanks to Biden’s FDA! ‘Reckless’ FDA and Big Pharma Greed Blamed for Medicare Premium Hike Medicare’s inability to negotiate lower drug prices means that Big Pharma companies can charge whatever they want. “All Part B Medicare beneficiaries soon will be forced to bear significant financial burden as a direct result of the FDA’s reckless decision.” Medicare Part B recipients will soon be hit with one of the biggest premium increases in the history of the government program, a hike driven in large part by the Food and Drug Administration’s scandalous approval of a costly—and, according to many experts, dubious—Alzheimer’s drug.
Biden’s FDA’s Lax Oversight of Research in Developing Countries can do Harm to Vulnerable Participants The Food and Drug Administration provides less stringent oversight of overseas research trials used in deciding whether to approve a drug than those conducted domestically. That was the finding of my recent study, published in the Journal of Clinical Pharmacology. My study highlighted loopholes in the agency’s oversight processes that exploited vulnerable people and led to faulty data for drug approval decisions. Until the early 2000s, participants in FDA-reviewed research trials came almost entirely from the U.S. But a 2010 report from the Department of Health and Human Services found that 78% of research participants were enrolled overseas. Faster research subject recruitment and lower expenses – paired with these regulatory loopholes – seem to be driving this shift.
Inoring the Alarm! The final agreement at COP26 does not include limiting the Earth’s warming to 1.5 degrees Celsius (2.7 Fahrenheit).
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!
