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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
Always Remember: That Obama 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 , thet the 99% Will Rule, Not the Few!
Images of the Day:
When we think about water scarcity, many Americans may immediately call to mind countries in Africa, the Middle East, or Asia. But Europe and North America are also facing unprecedented water shortage issues — and the United States stands out of the crowd. One study published in 2019 in the journal Earth’s Future highlights the fact that states like New Mexico, California, Arizona, Colorado, and Nebraska will have to make significant changes to counter severe upcoming water shortage problems. . . . The study also highlights some issues we all need to take into consideration — one of the most critical being the safety of U.S. water. One would think that the most powerful country in the world would enjoy clean tap water every day. Yet thanks to inequality and infrastructure decay, millions of Americans drink unsafe tap water from systems that violate health standards — in the same vein of the ongoing violations occurring in Flint, Michigan. Investigative journalists found that more than 30 cities botched water quality testing, following the same flawed procedures that led to criminal charges against government employees in Flint. — The Looming US Water Crisis
Videos Of the Day:
U.S.:
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.
‘This Is Big’: 76 Retired US Generals and Diplomats Warn Trump Against War With Iran “We have witnessed first-hand how quickly disputes can spiral out of control.” President Donald Trump often says he listens to military generals more than anyone else, and, as the White House prepares to send 1,500 soldiers to the Middle East, that claim is being tested by a Friday letter from the American College of National Security Leaders. The letter, which is signed by 76 retired generals, admirals, ambassadors, and diplomats, was published Friday morning by War on the Rocks. The letter asks the administration not to pursue war with Iran, mainly for strategic reasons. “A war with Iran, either by choice or miscalculation, would produce dramatic repercussions in an already destabilized Middle East,” reads the letter, “and drag the United States into another armed conflict at immense financial, human, and geopolitical cost.” By Eoin Higgins 
Environment:
Over the past fifty years, there have been incredible improvements to the quality of Lake Erie, but the scientists at the conference admitted they were concerned about some of the old issues that led to Lake Erie’s pollution returning once again without constant research, monitoring and regulations. One of the biggest threats the scientists are worried about, and what received the most attention: algal blooms. They are caused by an influx of phosphorous run-off from farms that use fertilizers and manure. The eastern portion of Lake Erie is often slimy with the bright green mess. But it isn’t just ugly, say these experts. It can kill plant life and fish and even lead to liver damage. — Great Lakes Scientist says, “If We Lose The EPA, We Lose Lake Erie”
The Missing 99%: Why Can’t We Find the Vast Majority of Ocean Plastic?. . . It is becoming apparent that plastic ends up in huge quantities in the deepest parts of the ocean, buried in sediment on the seafloor, and caught like clouds of dust deep in the water column. Perhaps most frighteningly, says Helge Niemann, a biogeochemist at the Royal Netherlands Institute for Sea Research, it could fragment into such small pieces that it can barely be detected. At this point it becomes, Niemann says, “more like a chemical dissolved in the water than floating in it”.
Civil Rights/Black Liberation:
Labor:
France Strikes Break 51-Year Record As They Enter 29th Day Police use tear gas at Paris protest as union chief calls for continuation of action Nationwide strikes in France have entered their 29th day, making them the longest in the country since the civil unrest of 1968. Protests against the government’s proposed pension reforms began on 5 December, resulting in fuel shortages, power cuts, massive transport disruption and schools being shut down. In Paris on Thursday, police used tear gas to break up the blockade of a bus depot in the city, marking the latest confrontation between the authorities and unions. By Anthony Cuthbertson
Economy:
Super Rich Hide $21 Trillion Offshore, Study Says A new report finds that around the world the extremely wealthy have accumulated at least $21 trillion in secretive offshore accounts. That’s a sum equal to the gross domestic products of the United States and Japan added together. The number may sound unbelievable, but the study was conducted by James Henry, former chief economist at the consultancy McKinsey, an expert on tax havens and offshoring. It was commissioned by Tax Justice Network, a British activist group.
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Before European Markets Shut Down for the Holiday,
New Year’s Eve Flight from the U.S. Dollar and Stocks into Gold Foreshadowed U.S. Market Trends Likely to Unfold in the Year Ahead
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Heavily Touted Perfect Economy and Financial Markets
Face Deepening Turmoil in 2020, Thanks Largely to Federal Reserve Gross Negligence
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Signals of Deteriorating Economic Conditions Have Intensified, With Standardly Happy Headline Numbers, Such as Consumer Income, Faltering Anew
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As the Budget Deficit Explodes Amidst Uncontained Federal Spending, the U.S. Government Faces Long-Range Insolvency and/or Hyperinflation
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The Congress, the Executive Branch and the Federal Reserve All Are Culpable, Twiddling Their Thumbs in Complacent Silence
Why Is Wall Street the Only Industry in America With Access to the Fed’s Endless Money Machine? Consumers represent two-thirds of GDP in the United States. And yet, when consumers run into trouble, they don’t get a handout from the Federal Reserve – they are forced to file bankruptcy. There are no Fed handouts to small business owners, farmers, or main street merchants either. So why is it exactly that the trading houses on Wall Street, with a serial history of crimes and with the most overpaid and under-punished executives on the planet, are able to perpetually have secret communications with the New York Fed and magically turn on the flow of trillions of dollars of ridiculously cheap loans to bail out their hubris and corruption. By Pam Martens and Russ Martens
World:
Estimates indicate that the Cuban economy did not decline in 2019, another victory over the U.S. blockade Evidence of the capacity to resist and untapped potential we have, stated Alejandro Gil Fernández, minister of Economy and Planning, in his report to the National Assembly Despite the limitations, and thanks to the efforts of our people, it is estimated that the Cuban economy will not decline in 2019, evidence of our capacity to resist and the untapped potential we have, said Alejandro Gil Fernández, Minister of Economy and Planning, when informing deputies of the economy’s performance in 2019, prior to the Fourth Ordinary Period of Sessions of the National Assembly of People’s Power Ninth Legislature.
Iran Opens Truck Production Plant After Germans Leave The initiative comes after German’s company Mercedes-Benz, dropped plans to expand its business with the Persian nation, in reaction to renewed U.S. sanctions in August 2018. Iran opened Wednesday a heavy-duty truck manufacturing plant that will employ 5,000 people at full production in Meshginshahr in northwest Iran, where the first phase for production of Chapar trucks began during a ceremony attended by President Hassan Rouhani.
Indy Movement Must Learn Lessons from General Election: For a Workers’ Republic! The beginning of 2020 will be shadowed by December’s election results. New Years Day hangovers pale in comparison to the Friday the 13th feeling of waking up to a Tory majority. However, 2020 will not simply be defined by this but will be an extremely eventful year. A new phase of class struggle will open up in Scotland, the rest of these islands and the world over. As Marxists we believe in the revolutionary potential of the working class. Howeve, this does not mean we do not share the anger and disappointment at the general election results, of which many will suffer. Earlier last year, the Institute for Public Policy Research estimated that 130,000 have been killed through austerity. However, even this statistic, as dramatic as it is, only shows part of the effects of austerity implemented by Tory governments over the last 9 years. Boris Johnson’s government will mean more insecurity in terms of jobs and housing and further privatization of the NHS and other vital public services. In many ways we’re only just seeing the results of the previous ten years of austerity with a new generation of people having grown up in overfilled classrooms, decreased social support, food banks and communities with no safe centres. This situation can only get more desperate under this government. By Ross Walker
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 ‘governn’, 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!
Big Pharma Celebrates New Year by Raising Prices on over 250 drugs Leading drug makers rang in the new year by once again raising list prices of their drugs—this time on more than 250 of them, according to an analysis reported by Reuters. Data examined by healthcare research firm 3 Axis Advisors found that major drug makers including Pfizer Inc, GlaxoSmithKline PLC, and Sanofi SA, Bristol-Myers Squibb Co, Gilead Sciences Inc, and Biogen Inc hiked prices this week.
Quotes of the Day:
