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During This Economic Crisis, Capitalism’s Three Point Political Program: Austerity, Scapegoat Blacks, Minorities, and ‘Illegal’ Immigrants for Unemployment, and The Iron Heel.
Always Remember That Obamba Supported the Wall Street Bailout and Remember That President Obama, With a Majority Democrat Legislature, Started the United States Capitalist Austerity Program — The Race to the Botom or the 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 — The 99% Will Rule! — Not the Few!
Images of the Day:
Quotes of the Day:
Mountains of evidence exonerates Rodney Reed. All of that evidence was kept from the all white jury that convicted him. Instead, the evidence implicates the victim’s fiancé—local police officer Jimmy Fennell—who has a history of violence against women, including being convicted for kidnapping and sexual assault soon after Rodney was wrongly sent to prison,” reads the website FreeRodneyReed.com, which was set up by the Action PAC to call for a 30-day reprieve. — ‘This Must Be Stopped’: Millions Call on Texas Governor to Halt Execution of Rodney Reed
If Texas moves forward on the execution of Rodney Reed, the true unjustness of the death penalty will be clear. Texas cares more about completing this ‘task’ than potentially preventing the execution of an innocent man.” —ACLU
When it came to industry disinformation, the role of third-party allies was on full display at the House Committee on Oversight hearings on climate change in late October. As their sole witness, the Republicans on that committee invited Mandy Gunasekera, the founder and president of Energy45, a group whose purpose, in its own words, is to “support the Trump energy agenda.” Energy45 is part of a group known, bluntly enough, as the CO2 Coalition and is a perfect example of what I’ve long thought of as zombie denialism in which older players spouting industry arguments suddenly reappear in new forms. In this case, in the 1990s and early 2000s, the George C. Marshall Institute was a leader in climate-change disinformation. From 1974-1999, its director, William O’Keefe, had also been the executive vice president and later CEO of the American Petroleum Institute. The Marshall Institute itself closed in 2015, only to re-emerge a few years later as the CO2Coalition. — The Greatest Scam in History: How the Energy Companies Took Us All
Videos Of the Day:
Trump, Us Sanctions, Russias Economy And More – Marxist Us Economist Michael Hudson Exclusivein Berlin-Steglitz, last weekend, dozens of renowned financial experts and economists from all over the world spoke at an international financial conference on “The euro at 20: Macroeconomic challenges.” There, too, the Marxist and capitalism-critical economist held firm Michael Hudson from New York lectures. On site he gave Sputnik correspondent Alexander Boos an interview. Hudson explains the US debt crisis and the European financial crisis – and why US President Trump with his sanctions against Russia in the end even helps the Russian economy.
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 Republicrats and who profit from war and the war budget, vote 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.
Blow To Amazon As Seattle Socialist Looks To Have Triumphed In Key Vote Kshama Sawant seems to have beaten Amazon-backed Egan Orion in council race despite vast financial effort from tech giant In a blow to Amazon, the socialist candidate Kshama Sawant appeared on Saturday to have beaten the business-backed Egan Orion for a seat on Seattle city council, despite an unprecedented financial effort from the tech giant. Amazon is headquartered in the city. It ploughed $1.5m into the city council election through a political action committee sponsored by the Seattle Metropolitan Chamber of Commerce. By Hallie Golden
‘Highly Disturbing’ Pentagon Document Shows US Military Surveilling Groups Protesting Family Separation “Cataloging individuals protesting government policy creates serious risk of abuse, and even without misconduct, monitoring protesters is likely to chill the exercise of First Amendment rights.” By Jake JohnsonAll Of America’s 607 Billionaires Must Run For President With Michael Bloomberg, the ninth richest man on earth, apparently running for president, Americans are asking themselves some tough questions. Like, why did we ever allow nonbillionaires to run for the highest office in the land? And why aren’t all the other billionaires jumping into the race? After all, for all intents and purposes, the United States is already run by its billionaires. They should care about us enough to make things official. If you like America, you should put a ring on it! By Jon SchwarzMost Iraq and Afghanistan Vets now Regret the Mission “Trump’s Opposition to ‘Endless Wars’ Appeals to Those Who Fought Them” read the headline above a front-page story by Jennifer Steinhauer in the New York Times November 1. The percentage of vets deployed to Iraq and Afghanistan who disapprove of US intervention there has almost doubled since 2011! Key excerpts follow. Among veterans, 64 percent say the war in Iraq was not worth fighting, according to a study by the Pew Research Center, slightly higher than the 62 percent of civilians who feel the same way. Disagreement with the conflict in Afghanistan is lower — 58 percent of veterans and 59 percent of the general public believe that was not a worthy war. While some veterans support continued military engagement in Syria, more than half — 55 percent — oppose it… By Fred Gardner
“Other Than Honorable?” Veterans With “Bad Paper” Seek Long Overdue Benefits On Veterans Day this year, in a nation now reflexively thankful for military service of all kinds, nearly 500,000 former service members are not included in our official expressions of gratitude. These forgotten men and women had the misfortune to leave active duty with what’s called “bad paper.” That means they were discharged under conditions “other than honorable,” a determination made without the benefit of consistent standards applying to personnel decisions by all military branches or even individual commanders. By Steve Early – Suzanne Gordon
Climate Change And Overfishing Boost Toxic Mercury Levels In Fish We live in an era — the Anthropocene — where humans and societies are reshaping and changing ecosystems. Pollution, human-made climate change and overfishing have all altered marine life and ocean food webs.Increasing ocean temperatures are amplifying the accumulation of neurotoxic contaminants such as organic mercury (methylmercury) in some marine life. This especially affects top predators including marine mammals such as fish-eating killer whales that strongly rely on large fish as seafood for energy. by Juan Jose Alava
Civil Rights/Black Liberation:
Is the Run on the Dollar Due to Panic or Greed? What’s going on in the repo market? Rates on repurchase (“repo”) agreements should be about 2%, in line with the Federal Reserve funds rate. But they shot up to over 5% on Sept. 16 and got as high as 10% on Sept. 17. Yet banks were refusing to lend to each other, evidently passing up big profits to hold onto their cash—just as they did in the housing market crash and Great Recession of 2008-09. Because banks weren’t lending, the Federal Reserve Bank of New York jumped in, increasing its overnight repo operations to $75 billion, and on Oct. 23, it upped the ante to $120 billion in overnight operations and $45 billion in longer-term operations. Why are banks no longer lending to each other? Are they afraid that collapse is imminent somewhere in the system, as with the Lehman collapse in 2008? By Ellen Brown
The Fed’s Repo Bailout and JPMorgan’s 38 Trading Floors Since September 17 of this year, the central bank of the United States, the Federal Reserve, has been pumping hundreds of billions of dollars each week to unnamed trading firms on Wall Street. We know the loans are going to trading firms because the loans are being made to the 24 primary dealers (see list below) with whom the New York Fed conducts open market operations. (The list includes one foreign bank and 23 stock brokerage houses and investment banks.) The New York Fed has publicly disclosed that the loans are going to primary dealers but will not say which firms are getting the bulk of the money. By Pam Martens and Russ Matyens
The War for Syria’s Oil: How the Syrian Democratic Forces Were Suddenly Transformed into “Kurdish Forces” That wars end very differently to our own expectations – or our plans – was established long ago. That “we” won the Second World War did not mean the Americans would win the Vietnam war, or that France would vanquish its enemies in Algeria. Yet the moment we decide who the good guys are, and who the evil monsters whom we must destroy, we relapse again into our old mistakes. By Robert Fisk
If One Sits on the Fence Between Reform and Revolution One Gets Splinters: Bolivia: Reactionary Coup Forces Evo Morales to Resign On 10 November at 4.50pm, Bolivian president Evo Morales announced his resignation. It was the culmination of a coup that had been brewing for some time. A police mutiny, sharpshooters firing on mine workers, an OAS report questioning the validity of the elections and finally the army “suggesting” he should step down were just the final acts over the weekend. We have opposed this reactionary coup from the beginning, while at the same time pointing out how the conditions for it were laid. The conclusion is clear: the only way to guarantee permanent gains for the workers’ and peasants is not through agreements with the capitalists, bankers, landowners and multinationals but rather by the revolutionary mass mobilisation of the oppressed in order to break the economic power of the capitalist oligarchy and imperialism. Only by expropriating the means of production, and the land and mineral resources from the ruling class under workers’ control, can they be used, as part of a democratic plan of production to satisfy the needs of the majority. The Bolivian workers and peasants have proud revolutionary traditions. They need to recover the spirit and the programme of the Pulacayo Theses, adopted by the miner’s union in 1946: “the proletariat of the underdeveloped countries is forced to combine the struggle for bourgeois-democratic tasks with the fight for socialism.” By Jorge Martin
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 ‘govern’, pass universal healthcare for themselves, but they cannot spend even one trillion dollars for universal health for those who are ‘governed’! This is what is considered, by the powers the to be, a democracy and part of the democratic way. — Roland Sheppard, Let The People Vote on Healthcare!