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Due to Years of Austerity, Cuts to Public Health Care, And An Anti-Science and Profiteering President, The United States Now Leads the World In Coronavirus Cases and Deaths in the World! And Now the Total Caronavirs Deaths in the United States are Over 20% of the Total Death in the Entire World!
Another Example Capitalism as a Failed System: World Capilalism Was Aware of the Danger of Cornovavirus Threat 4 Years Ago and Did Nothing!
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!
Images of the Day:
The use of the jets to show resolve could anger those frustrated with the administration’s struggles to find enough protective equipment for medical personnel. Flying the squadrons cost at least $60,000 per hour. — Pentagon plans to dispatch Blue Angels and Thunderbirds in coronavirus response
President Donald Trump on Monday unveiled what the White House described as a “blueprint” for nationwide Covid-19 testing that public health experts say falls far short of the robust federal strategy needed to track and contain the deadly virus before states can safely begin reopening their economies. A senior Trump administration official told the Wall Street Journal that the White House testing plan would provide all 50 states in the U.S. with enough equipment to test at least 2% of their residents. Ashish Jha, director of the Harvard Global Health Institute, said that number is nowhere close to adequate. “It’s about 6 to 7 million [tests],” said Jha, “and if that’s one-time, that doesn’t do anything.”— “That Doesn’t Do Anything”: Experts Warn Trump Plan for States to Test Just 2% of Residents Is Completely Inadequate
Videos of the Day:
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 Reublicrats 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.
Whenever I envision the corporate Robber Barons of today’s capitalism, I am always reminded of the Piggies, a Beatles song from The White Album. It was written by George Harrison as a social commentary on class and corporate greed. In my minds eye, I can just see these capitalist piggies wiggling their cute curly tails, with their snouts in the public trough, “clutching forks and knives to eat our bacon!” — RolandSheppard, “A Ponzi Scheme” The Economy is Only A Paper MoonPiggies
United States Priorities– Show of Military Strength Trumps Healthcare: Pentagon Planning Flyovers In Dozens Of US Cities As A Tribute To Frontline Workers Battling Coronavirus “Think of it: Many essential healthcare and other workers work night shifts. Finally, in late morning they are able to fall asleep. Two hours later they’re jarred awake by the scream of Blue Angels or the frightening roar of Thunderbirds. How much PPE, how many ICU beds could be bought with the money wasted on this military exhibitionism?” — Guy Miller The Pentagon is considering plans to fly military jets over nearly three dozen major American cities as a tribute to frontline workers battling the coronavirus pandemic, USA TODAY has learned. Trump first announced the idea at a press conference Wednesday, saying the Blue Angels and Thunderbirds crews “wanted to show support to the American medical workers.” By Savannah Behrmann and John FritzeEnvironment:
Civil Rights/ Black Liberation:
The War at the Point of Production: The ‘Killing Fields’ of the United States: If they’re not legally responsible, it would mean that the 1%’s Corporations would not provide for workers safety.: ‘No Consequences for Negligence That Kills’: McConnell Wants Corporate Immunity From Covid-19 Lawsuits “This is one of the most appalling things I’ve heard in the context of this crisis.” Senate Majority Leader Mitch McConnell is demanding that Congress use the next Covid-19 stimulus bill to shield corporations from legal responsibility for workers who contract the novel coronavirus on the job, throwing his support behind a proposal pushed in recent weeks by the U.S. Chamber of Commerce and other right-wing organizations. By Jake JohnsonEconomy:
Shadow Government Statistcss Flash Commentary, Issue No. 1433 Hyperinflation Risks, Retail Sales Benchmarking, Pandemic Economic Hit Table I- ShadowStats Projection of Pandemic Economic Impact (Updated from Nos. 1430 and 1432)
Retail Sales Benchmarking Showed the GDP Slowing More Than Headlined, Coming Into the Pandemic Shutdown
ShadowStats Forecasts First-Quarter 2020 Annualized Real GDP Activity Ultimately Will Show a Drop of About 7.1% (-7.1%), With Second-Quarter GDP Plunging by Roughly 38% (-38%)
Optimistic Expectations for an Initial First-Quarter Decline of 3.5% (-3.5%) Incorporate Overly Positive Reporting Assumptions That Filled Gaps in Initial, Limited-Quality Reporting of Activity in Underlying Series
Assuming Some Pandemic Relief, GDP Could Be Off Bottom Before Year-End; Full Recovery Will Be Difficult and Complicated
Mounting Risks of a Hyperinflationary Great Depression, as the Federal Reserve and Federal Government Launch Unlimited Money Creation, Deficit Spending and Financial Bailouts
Annual Growth in Money Supply M1, M2 and the ShadowStats M3 Jumped to Historic Highs in First Two Weeks of April 2020 Watch for Early Inflation Warning Signal in Surging Price of Gold
This Chart Shows How the Fed Manipulated Junk Bonds to Help the Dow Thus far, the highly controversial corporate bond buying programs that the Federal Reserve first announced on March 23 have yet to spend a dime according to a spokesperson for the New York Fed, the regional Fed bank that is overseeing almost all of Wall Street’s emergency bailout programs today as well as during the financial crash of 2007 to 2010. But as the above chart indicates, just a promise from the Fed to spend billions removing toxic waste from Wall Street’s mega banks is enough to put a bid back in the junk bond market. By Pam Martens and Russ Martens
Syrian Resistance to the US Occupation Escalates US President Trump ordered a surprise withdrawal of US troops from Syria in October 2019; however, he bent to pressure from aides and Pentagon officials and soon reversed his decision. He then ordered about 500 US soldiers to occupy the Syrian oil fields to steal the oil, regardless of the violation of international law, or the reflection of state-sanctioned crime on the image of America. As the US armored vehicles left Qamishli in October, the locals threw rocks and rotten vegetables at them. The US had ditched its local allies, in favor of oil revenues. ISIS was no longer an enemy, and the Kurdish militia was no longer a partner. Now, six months after the US pullout of the northeast of Syria, the US forces are confronted by angry locals, deadly attacks, and the COVID-19 virus. It appears the days of the US illegal occupation of Syria are numbered. By Steven SahiounieHealth, 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!