Daily News Digest March 7, 2019

Daily News Digest March 7, 2019

Daily News Digest Archives

Laura Gray’s cartoon from the front page of The Militant August 18, 1945, under banner headline: “There Is No Peace”

During This Economic Crisis, Capitalism’s Three Point Political Program: Austerity, Scapegoat Blacks, Minorities, and ‘Illegal’ Immigrants for Unemployment, and  The Iron Heel.

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.

Image of the Day:

U.S. Capitalist Want Venezuela’s Oil

Quotes of the Day:

The political right is uniting with establishment Democrats in denouncing presidential hopeful Bernie Sanders for his supposedly pro-dictatorship stance on Venezuela. And the media are piling on. Yet Sanders’ statements on the Venezuelan crisis were quite critical of President Nicolás aduro, saying  his 2018 re-election was a vote “many observers said was fraudulent.”  He condemned his “violent crackdown on Venezuelan civil society,” and insisted “humanitarian aid ” be allowed in the country. He has consistently maintained a strongly adversarial position to  enezuela, calling  Maduro’s predecessor Hugo Chávez a “dead Communist dictator.” In fact, the 2018 Venezuelan elections were watched over and endorsed as free by over 150 international observers, although media uniformly ignored those bothersome facts (FAIR.org, 5/23/18 ). It should also be noted that “civil society” is not a neutral, but a highly loaded term (FAIR.org, 1/31/19 ). In a study  of over 500 articles across a 20-year period, I found that the term was used exclusively to refer to the light-skinned US-backed Venezuelan elite, and never once to the largely black, largely working-class groups who support the government. — Alan MacLeod, Venezuela-Baiting: How Media Keep Anti-Imperialist Dissent in Check

On Saturday, Sacramento DA Anne Marie Schubert announced that her office would not bring charges against the two police officers, Terrence Mercadal and Jared Robinet, who shot and killed an unarmed Stephon Clark in his grandmother’s backyard last March. Clark was shot 20 times. He was holding a cellphone. The decision is appalling, but scarcely surprising. Between, 2005 and 2017, there were more than 13,000 fatal shootings by police, but only 80 cops were ever charged with manslaughter or murder. Of those 80 charged, only 28 were convicted of a crime.  I wrote about the Clark case in CounterPunch magazine last year. — Jeffrey St. Clair

 Videos of the Day:

Study: Loss of Stratocumulus Clouds Could Precipitate Extreme Global Warming

The Climate Denier Enablers Are the leaders of the Democratic Party paying lip service about climate change and creating conditions for a climate denier President to ignore the crisis? – with Jacqueline Luqman, Eugene Puryear, Norman Solomon and host Paul Jay

The Bolsheviks and the War World War One broke the 2nd International, as most of the workers’ parties supported their own ruling class and the war effort. Lenin and the Bolsheviks maintained a class position, opposing the war, even after the February Revolution, when many former opponents of the war became supporters. The Bolshevik war policy became a key pillar of the party’s programme as it led the working masses to victory in October 1917.

Protests Hit Brazil During Carnival

U.S.:

USA: “for a revolution against the billionaire class”—we need an independent socialist campaign! The 2020 presidential election has started. The fact that the Democrats won forty additional seats in the House of Representatives in the midterm elections has many of them smelling Republican blood. A number of candidates, including Elizabeth Warren, Amy Klobuchar, Kamala Harris, and Corey Booker, have already launched their campaigns. Now Bernie Sanders has become the 10th official candidate—with many more yet to come—to announce his run for the Democratic Party’s nomination. What exactly does this mean? It means that Sanders is running in the Democratic Party, one of the two major big business political parties, to be their candidate for president. Almost without exception, all Democratic Party candidates who do not win the nomination support the official nominee in the final presidential contest. That is the way the system works. This is what Sanders did in 2016. Now, he has again decided not to try to provide an independent class outlet for millions of workers in 2020. Instead, he has chosen to try to channel their aspirations into the Democratic Party. We strongly disagree with this approach  By Tom Trottier

Badge of Impunity: the Killing of Stephon Clark What does it take to awaken a somnambulant media these days? Getting shot in the back 8 times by trigger-happy cops while standing in your grandmother’s backyard while holding a cell phone? That was the fate of young Stephon Clark on the night of March 18, 2018 in the Meadowview neighborhood of Sacramento, whose ghastly murder by police briefly diverted the attention of the national press from its Trump fixation. But after a couple of days, MSDNC and the New York Times, were, like the White House, content to let Clark’s killing recede from the headlines and become just another “local issue.” By Jeffrey St. Clair

Abolish the Prison System America is the authoritarian carceral state par excellence, ignominious the world over for the zeal with which she imprisons her citizens, for the absurdity of her criminal charges and sentences, for the stark racial disparities that characterize her cynical applications of “justice.” It is ironic that the United States should bear the honorific title “land of the free” even as it has the world’s highest per capita incarceration rate. By David D’amato

Freedom Rider: Russiagate and Democratic Defeat It should now be clear to all honest and sane people that the only collusion was between the corporate media and the Democratic Party to spin a phony tale. “They pointed fingers at Bernie Sanders, the Green Party, Vladimir Putin and even leftist celebrities.” The Russiagate investigation is as much a witch hunt as the despicable Donald Trump always insisted. The charge that Trump colluded with the Russian government in the 2016 election has been abandoned even by the people who turned the allegation into a well paid cottage industry. The Mueller investigation has come up empty and Democrats are scrambling to keep their creation alive in order to make themselves politically relevant. They should be planning how to go about giving the people what they need and want. But Medicare for All and any other proposals that would benefit the masses are off the table for them and their corporate donors. By Margaret Kimberley, BAR editor and senior columnist 

Environment:

Since 2017, All Dutch Ns Trains Are Powered 100% By Wind Energy – Saving 1.4b Kgs C02 Emissions In the Netherlands, all NS’s 1,200,000 train journeys per day have been without CO2 emissions for 2 years already. A world’s first!  Dutch Railways Saved 1.43 Billion Kilograms in C02 Emissions In two years time. Since 2017 , 100% of Dutch electric trains have been powered by wind energy.  The Dutch Railways Company NS is the world’s first railway company that gets 100% of its energy from wind energy. This has already led to a savings of 1.43 billions kilograms of C02 emissions. By Michiel De Gooijer

DCCC Chair Accused of Echoing Right-Wing Talking Points After Calling Medicare for All Costs ‘Scary’“You know what’s more than a little scary?” responded one progressive group: “People dying and going bankrupt because our healthcare system is broken.” By Jake Johnson

Big Energy:

Civil Rights/Black Liberation:

The Illusion of Race-Neutral Tax Policy  Beginning with the Slave tax, the US has overburdened Black communities with taxes for services that they often don’t get. “Historic and current injustices continue to allow white communities to build wealth while denying the same level of opportunity to communities of color.” The Institute on Taxation and Economic Policy (ITEP) recently worked with Prosperity Now , an organization committed to closing the racial wealth gap, to produce a report that reveals how the 2017 Tax Cuts and Jobs Act mostly benefited white families. It is well known that the bulk of the federal tax cuts flowed to the highest-earning households, who received the largest tax cut both in terms of real dollars and also as a share of income. [1] But as our analysis in the report (Race, Wealth and Taxes: How the Tax Cuts and Jobs Act Supercharges the Racial Wealth Gap) reveals, solely examining the tax law in the context of class misses a bigger-picture story abouthow the nation’s public policies not only perpetuate widening income and wealth inequality, they also preserve historic and current injustices that continue to allow white communities to build wealth while denying the same level of opportunity (and often suppressing it) to communities of color. By Misha Hill, Alan Essig, Meg Wiehe, Jenice Robinson, Steve Wamhoff and Carl Davis

Keith Tharpe and the Death Penalty’s Racist Roots The history of the death penalty in America is hewn from the hell of slavery, subjugation and the suffering of black people. “You don’t have to be a Justice on the Supreme Court to know a juror who uses racial epithets can’t be fair and impartial.” Recently, the appalling spectacle of a black man condemned by a Georgia jury, a jury that included a racist bigot, reentered the American consciousness; if you haven’t heard about this travesty of justice (yet), or, if you’ve forgotten its details, all you need to know about the Keith Tharpe case is: a now-deceased juror who sentenced Tharpe to death swore in an affidavit Tharpe was a “ni**er,” and further, “after studying the Bible,” he “wondered if black people even have souls.” Spared execution over these facts by a last-minute stay in September 2017, Tharpe’s case is, once again, back before the United States Supreme Court; the Court can grant a writ of certiorari, to consider the merits of Tharpe’s claim of racial bias, or, not.

This undated photo provided by Georgia Department of Corrections shows Keith Leroy Tharpe. Georgia is preparing to put to death Tharpe, who killed his sister-in-law 27 years ago. But his lawyers say the execution should be stopped because his death sentence is tainted by a juror’s racial bias. Lawyers for the state dispute that and say 59-year-old Tharpe should die as scheduled on Tuesday, Sept. 26, 2017. (Georgia Department of Corrections via AP

Labor:

Economy:

When you’ve studied stock market charts for three decades, you can’t help but notice that something very peculiar has been happening to the U.S. stock market in recent years. Rather than taking off at the opening bell and holding an upward bias or a downward bias for the balance of the trading day – the way stock markets historically behave – the Dow Jones Industrial Average frequently spends the morning hours rotating between sharp upward spikes and big drops as if an invisible force (say an algorithm, for example, operating in the futures market) has the controls. To see what we mean, take a look at the two charts below: one from March 27, 2018 and one from May 16, 2018. The same thing happened in the market yesterday combined with one more frequent oddity. The Dow Jones Industrial Average includes companies with 50-year and 100- year performance and earnings records. The Nasdaq contains many young companies that could easily implode; companies with lofty (read bubble) valuations; and companies with highly volatile earnings or no earnings at all. The Dow Jones Industrial Average should not be trading as if it’s a clone of the Nasdaq, but it does that a lot. See yesterday’s chart below and one from February 8, 2018 as examples of a fairly common occurrence. These kinds of chart patterns should warrant the attention of the Senate Banking and House Financial Services Committees. Given that Michael Lewis in his book, Flash Boys, raised ample evidence of a rigged market; given that major Wall Street banks have pleaded guilty to rigging other markets; and given the numerous warnings Wall Street On Parade has raised about the mega banks’ Dark Pool operations, it is nothing short of dereliction of duty for Congress to continue to look the other way at the dangers continuing to build within Wall Street’s disfigured trading structure. Pam Martens, These Stock Market Charts Should Give You Pause

World:

This Is Hell: The known unknowns of the secret US drone war in Somalia US troops landed in oil-rich Somalia in 1992 and never really left. Over the years some have been replaced with drones and mercenary contractors, but Americans still prop up their version of a Somali government, headed by a US citizen whose writ doesn’t go much beyond the capital. Obama bombed Somalia regularly, but under Trump the number of drone strikes have tripled, killing unknown numbers of Africans and terrorizing large swaths of the countryside. The US government doesn’t even reveal which agency is conducting many of the bombing strikes, and next to no reporting on the long war in Somalia appears in the US press or broadcast media.

Financial Imperialism: the Case of Venezuela  Invasion of Venezuela by US and its proxies is just around the corner! This past week vice-president Pence flew to Colombia once again—for the fifth time in recent weeks—to provide final instructions to US local forces and proxy allies there for the next step in the US regime change plan. Evidence that the ‘green light’ for regime change and invasion is now flashing are supportive public statement by former president, Barack Obama, and several high level US Democratic party politicians and candidates, directly attacking the Maduro regime.  They are signaling Democrat Party support for invasion and regime change. Events will now accelerate—just in time perhaps to coincide with the release of Mueller Report on Trump. By Jack Rasmus

Mexico Will Continue Protecting Rights of Migrants: Ministry Mexico’s Foreign Ministry rejected claims of compliance with U.S. migration policies by accepting and protecting refugees. Mexico is dedicated to implementing its new migration policy and protecting human rights, the Ministry of Foreign Affairs (SRE) said Monday after the New York Times accused the nation of complying with U.S. border plans.

Health, Science, Education, and Welfare: 

“When We Say ‘Pharma Greed Kills,’ This Is What We Mean”: Critics Respond to Possible Purdue Bankruptcy “Well, this is certainly the Trumpian way out.” After spending hundreds of millions of dollars convincing the American public that opioid painkillers are safe to use for chronic pain—and fueling a deadly, decades-long addiction epidemic as a result—the drug maker Purdue Pharma could file for bankruptcy to avoid being held accountable for its actions. According to Reuters, Purdue is considering bankruptcy to halt thousands of lawsuits and allow the company to settle with the plaintiffs out of court. By Julia Conley

Beyond Capitalism – Albert Einstein, 1949 The following are excerpts from Albert Einstein’s essay “Why Socialism?” published in theMay 1949 issue of the Monthly Review. In this article Einstein describes the systemic problems with capitalism. How as wealth and power is concentrated in the hands of a few the elites form an oligarchy, gaining control of the media and able to sway politicians to make laws in their favor. In this way democracy is subverted… Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of the smaller ones. The result of these developments is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society. . . .