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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 War, Famine, Pestilence, and Death. The very future of Humanity Is Now At stake!
Editorial: Coronavirus Crisis
Last night, President Trump was speaking, without knowing the full extent of the global coronavieus pandemic. The United States government has no idea how many people have been exposed to the virus or are infected by it, because Coronavirus Test Component is in Short Supply. If you cannot test people, you cannot count people infected or exposed.
The response to this pandemic has been to bail out wall street, but not to help people who cannot aford to, stop working and stay home, to keep the virus from expanding. “As the number of new coronavirus cases climbs throughout the U.S., the failure of government science policy to anticipate threats is even more striking.”— Federal Coronavirus Contract Requests Show the U.S. in a Desperate Scramble to Catch Up
What is needed to combat coronavirus is to mobilize the entire nation, as was done in China and Korea. To make sure we have healthcare facilities, healthcare doctors etc.to handle the epidemic. “Ever since a patient with covid-19 was brought to the Sacramento hospital Feb. 19, Managhebi, who has been a cardiology nurse for 13 years, has grown concerned about catching the coronavirus, which causes the disease, and spreading it to other patients. She worries about whether she should still be volunteering in her 6-year-old’s classroom. She worries about whether she is adequately protected. ‘“Our job is to go and take care of people when they’re sick. I’m willing to take care of anyone. That’s why we got into this line of work,” she said. But if too many health-care workers get sick, “we aren’t going to have a shot at fighting this thing.”’— Health care workers worry about coronavirus protection.
The United States is behind in the preparation for the coronavirus pandemic. What is necessary is to put profits last and the health of the people first!
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 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!
Quotes of the Day:
America’s electoral politics are so far removed from the actual reality of how power is really exercised in our society ‑— and from the actual state of degeneration our dying society is really in — that it is nothing more than a badly rendered cartoon, a medicine show with clowns and con-men, a white noise machine howling down any genuine thought and feeling. It is, quite literally, sound and fury, signifying nothing: precisely because it no longer has any connection to the true operations of power and the reality of decay. — Blowing in the Whirlwind: As Ye Sow, Joe Shall Ye Reap
Videos of the Day:
Images 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.
‘Stealth Attack on Social Security’: Trump Condemned for Exploiting Coronavirus Crisis to Push Payroll Tax Cut “This is a Trojan Horse attack on our Social Security system.” Economists and progressive advocacy groups are warning that President Donald Trump’s proposal to cut or temporarily suspend the payroll tax in an effort to mitigate the economic impact of the coronavirus is “a Trojan Horse attack on our Social Security system” that will do little to help most U.S. households. Slashing the payroll tax, the primary funding mechanism for Social Security, “is the wrong way to go,” said Dean Baker, senior economist at the Center for Economic and Policy Research (CEPR). By Jake Johnson
Why There AreU.S. Wars in the Middle East? — Oil!!!
Robert F. Kennedy Jr. Explains The Real Reason The West Is Trying To Destabilize Syria “The statesmen will invent cheap lies, putting the blame upon the nation that is attacked, and every man will be glad of those conscience-soothing falsities, and will diligently study them, and refuse to examine any refutations of them; and thus he will by and by convince himself the war is just, and will thank God for the better sleep he enjoys after this process of grotesque self-deception.”– Mark TwainThe recent chemical gas attack in Syria has once again lit a fire under the global population, a split is being created. Every single year, the divide as to what’s really happening in Syria gets stronger and stronger. Although division and the constant opposing narrative’s between the mass population only creates more conflict, drama, and confusion, in this case it’s much different, because before it was simply believe what we hear, now, we are learning to question it.
Many New Voting Systems Aren’t Ready for Prime Time Put aside, for now, foreign meddling in U.S. elections, social media propaganda and partisan voter suppression. The newest emerging threat to elections in 2020 is new voting systems that have been insufficiently tested and phased in, but have been debuting in many of 2020’s presidential primaries and caucuses. Since the Iowa Democratic Party’s presidential caucuses, there has been a string of new technology-based failures and frustrations—despite officials’ and voting system designers’ intentions. The failures share some common elements, from data connectivity issues to machinery breakdowns to poor planning—whether in party-run or government-run contests. By Steven Rosenfeld
No One Knows How Many Immigrant Kids Have Disappeared in US Custody On the fifth floor of the tall glass federal building in Portland, Oregon, the immigration court hums in hushed tones, an air of reverence coming from a dozen or so fidgety children and teenagers. They sit in two long pews that line the back of the room, facing the elevated bench of the immigration judge.A massive Department of Justice seal towers over the bench, flanked by giant windows that allow a glimpse of the downtown skyline. At one table, an attorney representing Immigration and Customs Enforcement faces the judge. Every 10 minutes or so, a new young client makes their way around the table, ready to face the full brunt of the U.S. immigration system. Not one is here with an adult family member. Each time, an attorney steps forward to represent them. Sometimes it’s the same attorney for several clients in a row. The room feels prim, almost quaint, dissonant for a space in which each decision can mean the difference between life and death. By Aura Bogado,
3% of U.S. Military Spending Could End Starvation on Earth In 2008, the United Nations said that $30 billion per year could end hunger on earth, as reported in the New York Times, Los Angeles Times, and many other outlets. The Food and Agriculture Organization has not updated that figure since 2008, and has recently told us that such figures do not require much updating. In a separate report, most recently published in 2015, the same organization provides a figure of $265 billion as the cost per year for 15 years to permanently eliminate extreme poverty, which would eliminate starvation and malnutrition — a broader project than just preventing starvation one year at a time.
“Afghanistan Papers” Reveal How Presidents & Generals Misled the American Public on War’s Progress (With crucial Aid of The Media Monopoly) Washington Post reporter Craig Whitlock has just won a George Polk Award for Military Reporting for his in-depth investigation called “The Afghanistan Papers: A Secret History of the War.” He joins us to describe how, after getting a tip, he fought for three years to get the federal government to release a trove of confidential interviews it conducted with people directly involved in the nearly two-decade-long war. He ultimately obtained more than 2,000 documents that revealed how presidents, generals and diplomats across three administrations had intentionally misled the American public about the longest war in U.S. history.
Environment:
The Deforestation Rate of The Amazon Has Reached 3 Football Fields Per Minute! The Amazon rainforest in Brazil is being clear cut away at a horrifically rapid rate of three football fields per minute! It is encroaching on a “tipping point” at which it may not be able to recover. What do the researchers mean by “tipping point”? As trees are lost, the forest loses the ability to make its own rainfall via evaporation and transpiration from plants. This creates a risk that large swathes of the forest could transition to savannah. If this happens it will have significant implications for global warming, given that the rainforest absorbs vast amounts of carbon from the atmosphere.
Civil Rights/ Black Liberation:
NYC to Celebrate Release of Last Move 9 Prisoner Black Agenda Radio with Nellie Bailey and Glen Ford “We want to show our appreciation and love for what this 73 year-old man has gone through,” said Gwen DeBrow, one of the organizers of a reception for Delbert Africa, who was released from prison after 42 years of confinement in the death of a Philadelphia policeman. The event is scheduled for Saturday, March 14, at the Holyrood Episcopal Church in the Washington Heights section of Manhattan. DeBrow, of the Campaign to Bring Mumia Home, described the surviving members of the Move family as “stronger than ever, committed revolutionaries to the liberation of all forms of life.”
MLK, Qassem Soleimani and the Folly of American Exceptionalism In April 1967, Martin Luther King Jr. powerfully condemned U.S. militarism and the war in Indochina. His speech, “Beyond Vietnam,” defied his closest advisers, who feared it would alienate war supporters within the white liberal establishment. I recommend it to all Americans whether they support or oppose the recent assassination of Iranian Gen. Qassem Soleimani. King said that the hopes of the poor were shattered and broken because “of a society gone mad on war.” He warned “that America would never invest the necessary funds” to end poverty “so long as adventures like Vietnam continued to draw men and skills and money like some demonic destructive suction tube.” He warned that “Vietnam is but a symptom of a far deeper malady within the American spirit, and if we ignore this sobering reality we will find ourselves” organizing against other wars “for the next generation.” By Jack Nelson-Pallmeyer
Labor:
Wall Street (The%) t May Have Recovered, But Main Street (The 99%) Has Never Recovered!
While 44%of the working class struggles to stay alive: Even as the U.S. economy hums along at a favorable pace, there is a vast segment of workers today earning wages low enough to leave their livelihood and families extremely vulnerable. That’s one of the main takeaways from our new analysis, in which we found that 53 million Americans between the ages of 18 to 64—accounting for 44% of all workers—qualify as “low-wage.” Their median hourly wages are $10.22, and median annual earnings are about $18,000. — Brookings Institution (2019)
Economy:
The Fed’s Baffling Response to the Coronavirus Explained When the World Health Organization announced on Feb. 24 that it was time to prepare for a global pandemic, the stock market plummeted. Over the following week, the Dow Jones Industrial Average dropped by more than 3,500 points, or 10%. In an attempt to contain the damage, the Federal Reserve on March 3 slashed the fed funds rate from 1.5% to 1.0%, in its first emergency rate move and biggest one-time cut since the 2008 financial crisis. But rather than reassuring investors, the move fueled another panic sell-off. Exasperated commentators on CNBC wondered what the Fed was thinking. They said a half-point rate cut would not stop the spread of the coronavirus or fix the broken Chinese supply chains that are driving U.S. companies to the brink. A new report by corporate data analytics firm Dun & Bradstreet calculates that some 51,000 companies around the world have one or more direct suppliers in Wuhan, the epicenter of the virus. At least 5 million companies globally have one or more tier-two suppliers in the region, meaning that their suppliers get their supplies there; and 938 of the Fortune 1,000 companies have tier-one or tier-two suppliers there. Moreover, fully 80% of U.S. pharmaceuticals are made in China. A break in the supply chain can grind businesses to a halt. By Ellen Brown
Role of a Wall Street Law Firm in the Joe Biden Resurgence Raises Alarms for Progressives There has been the feeling of an invisible hand in the miraculous comeback of Democratic presidential candidate Joe Biden. Biden lost all three of the first races in Iowa, New Hampshire and Nevada, then spiraled to a long series of state victories despite a lackluster and sometimes rambling performance in the presidential debates. Since the invisible hand in unlikely elections always has a money trail somewhere, we decided to pull back the dark curtain using campaign financing data at the Center for Responsive Politics (OpenSecrets.org). The name of the giant Wall Street law firm – Paul, Weiss, Rifkind, Wharton & Garrison LLP – emerges as a common denominator. By Pam Martens and Russ Martens
Flock of Black Swans Tanks Stocks, Oil, Treasury Yields; Fed Sticks Its Finger in the Dike There are now so many Black Swans circling in the sky against darkening clouds that it’s starting to feel like news on steroids. Here’s what we woke up to this morning: Futures on the Dow Jones Industrial Average contract had fallen 5 percent overnight so they are now locked, limit-down in the futures market in Chicago. We can get a pretty good idea, however, of just how far the stock market will fall when it opens at 9:30 a.m. in New York from the SPDR Dow ETF, which at 9:03 a.m. suggested an opening loss of about 1,681 points or 6.5 percent from its close on Friday. Those projected losses, of course, could be stemmed before the market opens by news of liquidity injections. For example, the New York Fed announced before the market opened that it will increase its one-day repo loans from $100 billion to $150 billion. Its 14-day loans will increase from the scaled-back $20 billion to $45 billion on Tuesday and Thursday of this week. Considering what is happening in the market, that level of liquidity assistance is like throwing a penny in a fountain and making a wish. The New York Fed will be releasing a new schedule of the dates and dollar amounts of its repo loans for the March 13, 2020 to April 13, 2020 period this Thursday at 3:00 p.m. By Pam Martens and Russ Martens
World:
Elon Musk Is Acting Like a Neo-Conquistador for South America’s Lithium Elon Musk, the head of Tesla, wants to build an electric car factory in Brazil. He was supposed to meet Jair Bolsonaro, the president of Brazil, in Miami in early March, but he was too busy; instead, Musk will go to Brazil sometime this year. All eyes are on the southern Brazilian state of Santa Catarina, whose Secretary of International Affairs Derian Campos is in direct contact with Musk. Two automobile manufacturers—BMW and GM—already have factories in Santa Catarina. Marcos Pontes (Minister of Science, Technology, Innovation, and Communications) held a video conference with Anderson Ricardo Pacheco, a senior Tesla official. They were joined by Daniel Freitas, a congressman, and Claiton Pacheco Galdino, who is the business development director for Criciúma, a city in Santa Catarina. They are eager for Tesla to open a Gigafactory—Tesla’s name for a big factory—in South America’s largest economy. By Vijay Prashad — Alejandro Bejarano
US-Led Economic War, Not Socialism, Is Tearing Venezuela Apart Americans have been trained by decades of Cold War propaganda to look for any confirmation that ‘socialism means poverty.’ But in the case of Venezuela and other states not governed by the free market, this cliche simply doesn’t ring true. . . . Indeed, corporate-owned, mainstream media advises Americans to look at the inflation and food lines in Venezuela, and then repeat to themselves clichés they heard in elementary school about how “Communism just doesn’t work.” In reality, millions of Venezuelans have seen their living conditions vastly improved through the Bolivarian process. The problems plaguing the Venezuelan economy are not due to some inherent fault in socialism, but to artificially low oil prices and sabotage by forces hostile to the revolution. Starting in 2014, the Kingdom of Saudi Arabia flooded the market with cheap oil. This is not a mere business decision, but a calculated move coordinated with U.S. and Israeli foreign policy goals. Despite not just losing money, but even falling deep into debt, the Saudi monarchy continues to expand its oil production apparatus. The result has been driving the price of oil down from $110 per barrel, to $28 in the early months of this year. The goal is to weaken these opponents of Wall Street, London, and Tel Aviv, whose economies are centered around oil and natural gas exports. By Caleb T. Maupin
Health, Science, 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 ‘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!
WHO Characterizes COVID-19 as a Global Pandemic The World Health Organization (WHO) Wednesday declared the outbreak of coronavirus as a pandemic once more than 118,000 cases of infected persons and 4,291 deaths have been registered in 114 countries.”WHO has been assessing this outbreak around the clock and we are deeply concerned both by the alarming levels of spread and severity and by the alarming levels of inaction,” the WHO director Tedros Adhanom said.
Those can’t afford hospital care? — Tthose who have no copays: The Most vulnerable to Coronavirus:
About 44 million people in this country have no health insurance, and another 38 million have inadequate health insurance. This means that nearly one-third of Americans face each day without the security of knowing that, if and when they need it, medical care is available to them and their families. — Health Care Crisis
