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!
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, that the 99% Will Rule, Not the Few!
Quote of the Day:.
If The United States Had Enough Coronavirus Test Kits Big Travel Restrictions And Lockdowns Would Not Be Necessary!:
Effective quarantine is essential for tackling the coronavirus and this cannot happen without extensive testing for covid-19, says World Health Organization assistant director general Bruce Aylward. “To actually stop the virus, China] had to do rapid testing of any suspect case, immediate isolation of anyone who was a confirmed or suspected case, and then quarantine the close contacts for 14 days so that they could figure out if any of them were infected,” Aylward told New Scientistin an exclusive interview. “Those were the measures that stopped transmission in China, not the big travel restrictions and lockdowns.” — WHO Expert: We Need More Testing to Beat Coronavirus
The U.S. financial system thrived for 66 years under the Glass-Steagall Act. But the Bill Clinton administration, which was filled with Wall Street cronies, repealed the legislation in 1999. It took just nine years after the repeal for Wall Street to blow itself up in the precise fashion of 1929. Rather than having the courage to stand up to Wall Street’s titans and lobbyists and restore the Glass-Steagall Act, the Obama administration passed hodgepodge legislation called the Dodd-Frank Wall Street Reform and Consumer Protection Act, which seemed to be intentionally filled with loopholes for Wall Street’s mega banks to wiggle through easily. As a result, after receiving a $29 trillion Fed bailout from 2007 to 2010 and hundreds of billions more in taxpayer assistance, Wall Street is back again at the money trough as the country faces a national crisis that demands attention to hardworking Americans, who, through no fault of their own, have lost their jobs, their livelihoods and their health insurance that came with that job. — Fed’s Balance Sheet Skyrockets to $4.7 Trillion
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.
Healthcare is a Right! We Need A National Healthcare System That Can Provide Healthcare For All! — Not Healthcare for Profit! Cuba has Such a System: Cuba’s Interferon Alpha 2B, Successful in Treating COVID-19For 40 years, Cuba has been using a molecule named Interferon Alpha 2B , which has successfully been used to combat the new Coronavirus in China and elsewhere. “The world has an opportunity to understand that health is not a commercial asset but a basic right,” Cuban doctor Luis Herrera, the creator of the Interferon Alfa 2-B medication, one of the most successful medications in the fight against COVID-19 told teleSUR Tuesday.
We Must End Factory Farming! We Must Start the Transformation of Factory Farming to Smaller, Scaled-Down, Organic Farming. Devoid of Chemicals!
In the present world, the rights of the capitalists to make a profit are in direct conflict with our basic rights. In this sense, the capitalist system has become a threat to humanity. The Coronavirus Pandemic is an example of a result of this conflict. Since coronavirus is a global concern, it requires all of humanity to act collectively, in our overall interests for our survival. correct the problem and to remove the obstacle of capitalism. In the short run and in the long run. humanity requires a society where humanity has control where human needs supersede the right to make a profit! Such a society, a socialist society, is needed to ensure that all decisions affecting humanity are under the democratic control of humankind so that the production of goods will be done for the needs and survival of humanity instead of the production and the destruction of humanity and other species for profit. With common ownership of the means of production, and common control and protection of all property and wealth, science and society will be in harmony with the ecosystem and humanity’s future. With these goals, we can begin to build an effective movement. As we continue to organize against capitalism and its destructive course, we can and will transform the world!
Thug Nation: US Government Threatens Families Of Int’l Criminal Court Staff if they try Americans For War Crimes The International Criminal Court approved an investigation into US war crimes in Afghanistan. Secretary of State Mike Pompeo responded by threatening to punish family members of ICC staff. US Secretary of State Mike Pompeo has threatened the family members of International Criminal Court staff, vowing that Washington will take punitive action against them if the court tries American soldiers for war crimes. By Ben Norton
Demands for Resignations as More GOP Senators Accused of ‘Smash and Grab’ Stock Dumps Ahead of Coronavirus Crash “They didn’t mobilize to help families, or prep response. They dumped stock.”fter news of Republican Sen. Richard Burr’s stock sell-off ahead of the coronavirus-induced market crash prompted more digging into financial disclosure documents Thursday night, at least three additional GOP senators and one Democrat were found to have unloaded holdings just before the pandemic sent the U.S. economy into a tailspin. Some of the sales that were highlighted on social media, such as those by Sen. Dianne Feinstein (D-Calif.) and Ron Johnson (R-Wis.), appeared to be unconnected to the coronavirus crisis, analysts pointed out—while also urging that the transactions be closely examined. But others looked far more suspicious on their face, sparking accusations of insider trading and demands for resignations. The Daily Beastreported late Thursday that Sen. Kelly Loeffler (R-Ga.), the newest member of the Senate, sold off millions of dollars worth of stock holdings following a private Jan. 24 Senate Health Committee meeting on the coronavirus threat. ByJake Johnson
If Trump Declares Martial Law Due to Coronavirus, Can He Suspend the Election? There is no dearth of examples suggesting that President Donald Trump lives in an alternate reality. But his belief that the coronavirus “came out of nowhere” and “blindsided the world”—even though public health experts had been warning about the next pandemic for years—may be the reason why the United States is so unprepared to deal with the crisis. In 2018, he weakened the country’s ability to respond to pandemics when he decided to dismantle a National Security Council directorate at the White House charged with preparing for them. His Interior Department failed to update a pandemic plan that was first prepared over a decade ago. His administration failed to restock the Strategic National Stockpile, America’s store of medical supplies, which include the face masks that are in such dire need by doctors, nurses and health professionals at the front lines of the pandemic. Those supplies were depleted during the H1N1 flu pandemic in 2009 and were never replenished: Millions of masks in the stockpile are now past their expiration dates. By Martina Moneke
An Utter Disgrace’: GOP Stimulus Plan Would Cut Taxes for Corporations While Denying Benefits to Poorest “Senate Republicans are using the COVID-19 pandemic to cut corporate taxes again and stop you from getting paid sick leave.” “Heartless,” “cruel,” and “appalling” were just some of the adjectives progressive critics and analysts used late Thursday to describe the Senate GOP’s newly unveiled trillion-dollar economic stimulus package which—by design—would completely deny direct cash payments to the poorest Americans while cutting taxes for corporations, dishing out tens of billions in bailout funds to major industries, and restricting paid leave benefits that were just signed into law this week. By Jake Johnson
The Virus and Capitalism The U.S. is in the midst of a full-blown public health crisis made worse by systemic political dysfunction. The benchmark Imperial College study suggesting that up to two million people in the U.S. could die from the coronavirus epidemic assumes that the U.S. has an adequate healthcare system— that no one dies from not getting treatment. It doesn’t. Without one, expected deaths are much higher. Should the U.S. experience be similar to Italy or Wuhan to date, add another eleven million* dead to the worst case scenario. The point here isn’t to create fear or panic, but to illustrate the difference in outcomes that a robust government response can make. In trying to corner the market for virus test kits, Donald Trump assured that few, if any, would be available. In like fashion, House Democrats passed a paid-time-off bill so fraudulent that even Pravda-on-the-Hudson, the New York Times, called them on it. The official plan to date is financial, to bail out Wall Street and the airlines, a payroll tax cut and token checks to the masses, and hope that it all works out. By Rob Urie
Poverty in the Time of Corona: Victims of a Sickness That is Yet to Exist In the days on COVID-19, also known as coronavirus, we sometimes forget that the virus is not a “natural disaster,” nor does it affect all people equally. While we can all get sick (which is why there is so much attention on COVID-19), the virus is in no way an equal opportunity perpetrator, meaning that it discriminates in how it affects people living in extreme poverty. Of course, this selective effect has nothing to do with its genetic makeup, but is related to the discriminatory social system of El Salvador. This discrimination, the resulting vulnerabilities, and the recent emergency measures create thousands of victims of the virus at the time when there is still not a single confirmed case of COVID-19 in the country. By Norbert Ross
JP Morgan Chase, the US banks Wells Fargo, Citi and Bank of America dominate financing for fossil fuels, accounting for nearly a third of the £2.2tn. Photograph: Reuters File Photo/Reuters
‘Two $1 Trillion Coins’: Rashida Tlaib Proposal Calls on US Treasury to Fund Coronavirus Recovery From US Mint laib’s “Automatic BOOST Act” calls for a universal payout of $2,000 to everyone in the U.S. and $1,000 a month after that. Progressives on Saturday welcomed news that Rep. Rashida Tlaib is calling on the U.S. Treasury to exercise its power to issue platinum coins to fund the coronavirus recovery, calling the move an example of thinking outside the box and celebrating the universality of her proposal to give everyone in America cash payments. By Eoin Higgins
For the Public’s Health: The US government is spending millions of dollars to respond to the coronavirus crisis For Wall Street’s Health the Fed is spending $ Trillions!: Federal Reserve to Lend Additional $1 Trillion a Day to Large Banks By The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak. The New York Federal Reserve Bank said it will offer $1 trillion of overnight loans a day through the end of this month to large banks. That is in addition to $1 trillion in 14-day loans it is offering every week. Banks, so far, have not borrowed nearly as much as the New York Fed is offering, and the loans are quickly repaid. None of the funding is from taxpayer dollars. Wall Street analysts say the huge number is intended to calm markets by demonstrating that the Fed’s ability to lend short-term is nearly unlimited. By Christopher Rugaber
Fed’s Balance Sheet Skyrockets to $4.7 Trillion The Fed’s H.4.1 report was released at 4:30 p.m. today and it shows that the Federal Reserve’s balance sheet has skyrocketed to $4.7 trillion. It also shows that as of yesterday, its repo loans to the trading houses on Wall Street had soared to a total of $441.9 billion outstanding while borrowings from its Discount Window added another $28.2 billion, bringing the combined total to over $470 billion in loans outstanding. Wall Street has been receiving hundreds of billions of dollars a week in assistance from the Fed since September 17, 2019 while struggling Americans have yet to see a dime of assistance to help offset job losses from the coronavirus outbreak. The Fed doesn’t have to wait for a vote in Congress to funnel $9 trillion in cumulative loans to Wall Street. It can create an unlimited amount of dollars electronically at the push of a button. (See related articles below.) By Pam Martens and Russ Martens
World:
17 Years Later: The Consequences of Invading Iraq : Millions of Iraqis Killed and Wounded, Millions More Iraqis Displaced, Thousands of American, British and Other Foreign Troops Killed and Wounded, Even More Veterans Have Committed Suicide, Trillions of Dollars Wasted, Dysfunctional and Corrupt Iraqi Government,
Illegal War on Iraq Has Undermined the Rule of International Law, Iraq War Lies Corrupted U.S. Democracy, Impunity for Systematic War Crimes, Destruction of the Environment, The U.S.’s Sectarian “Divide and Rule” Policy in Iraq Spawned Havoc Across the Region,The New Cold War Between the U.S. and the Emerging Multilateral World, While the world is consumed with the terrifying coronavirus pandemic,
On March 19 the Trump administration will be marking the 17th anniversary of the U.S. invasion of Iraq by ramping up the conflict there. After an Iran-aligned militia allegedly struck a U.S. base near Baghdad on March 11, the U.S. military carried out retaliatory strikes against five of the militia’s weapons factories and announced it is sending two more aircraft carriers to the region, as well as new Patriot missile systems and hundreds more troops to operate them. This contradicts the January vote of the Iraqi Parliament that called for U.S. troops to leave the country. It also goes against the sentiment of most Americans, who think the Iraq war was not worth fighting, and against the campaign promise of Donald Trump to end the endless wars. By Medea Benjamin and Nicolas J. S. Davie
Fighting COVID 19 in Cuba, China and the United States Governments, according to Thomas Jefferson, are supposed to guarantee people’s rights to “life liberty and the pursuit of happiness.” COVID 19 has out people’s lives and health in the spotlight now. What kind of tools do governments have at their disposal to protect lives and health? Cuba has the advantages of forward-looking leadership, well-orchestrated state planning, and longtime prioritization of health care. Additionally, government leaders elevate scientific and technological training. They’ve established research capabilities, used results to advance health care, and marketed bio-medical products on a worldwide basis. The Cuban people and leaders know about disaster planning, as demonstrated by preparations prior to hurricanes hitting the island. Likewise planning and putting the public good first has enabled Cubans to cope with the disaster of a 60-year long economic blockade set up to make them suffer. By W. T. WhitneyHealth, 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 to be, a democracy and part of the democratic way. — Roland Sheppard, Let the People Vote on Healthcare! .
Cuba and Coronavirus: How Cuban Biotech Came to Combat COVID-19Cuba’s early entry into the biotech industry allowed it to harness international expertise and develop medicines to fight dengue fever and meningitis. One of these, Interferon Alfa-2B, is now being used to combat the effects of COVID-19, writes Helen Yaffe (University of Glasgow). COVID-19 emerged in the Chinese city of Wuhan in late December 2019, and by January 2020 it had hit Hubei province like a tidal wave, swirling over China and rippling out overseas. The Chinese state rolled into action to combat its spread and care for those infected. Amongst the 30 medicines chosen by the Chinese National Health Commission to fight the virus was a Cuban anti-viral drug called Interferon Alfa-2B, which has been produced in China by the Cuban-Chinese joint venture ChangHeber since 2003. Cuban Interferon Alfa-2B has proven effective for viruses with characteristics similar to those of COVID-19. Cuban biotech specialist Dr Luis Herrera Martínez explains that “its use prevents aggravation and complications in patients, reaching that stage that can ultimately result in death.”Cuba first developed and used interferons to arrest a deadly outbreak of the dengue virus in 1981, and that experience catalysed the development of the island’s now world-leading biotech industry. The world’s first biotechnology enterprise, Genetech, was founded in San Francisco in 1976, followed by AMGen in Los Angeles in 1980. One year later, the Biological Front, a professional interdisciplinary forum, was set up to develop the industry in Cuba.
U.S. Robber Barron Insider Traders
Health, Science, Education, and Welfare:
