Daily News Digest May 13, 2020

Daily News Digest Archives

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!occupy1

Laura Gray’s cartoon from the front page of The Militant August 18, 1945, under banner headline: “There Is No Peace”

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:

Bendib: ImpuImpunity For All

Quotes of the Day:

Incidentally, the recent trial of remdesivir for Ebola in the Congo refuted earlier, methodologically inferior studies, and suggested that other treatments were in fact superior to remdesivir for use in Ebola virus disease. This is not to say that the drug’s effectiveness, or lack thereof, in treating Ebola can be used as evidence for how it may fare with regards to COVID-19 — a completely different disease process. However, the story of a novel treatment which showed promise in early studies, only to prove disappointing in later, more rigorous ones is worth keeping in mind as the science unfolds for remdesivir’s use in COVID-19. Like all physicians, I yearn to tell patients like the one I described that, indeed I do have a medicine to give you. But I want to know that its indication is based on medical science and not corporate greed or panicked imprudence. The researchers studying Ebola in the Congo prove that a calamity is no excuse for sloppy science. In fact, in times of crisis such as these, society relies on medical science to be a bulwark of rationality. — William Bruno, M.D., Pharmaceutical Company Pushes New, Unproven COVID Treatment Drug

Videos of the Day:

Fauci, CDC Director Testify In Senate Hearing On How To Safely Return To Work And School

United States:

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.

Coronavirus Coming Home to Roost: Trump and His Staff Wouldn’t Wear Masks. Now the White House Is a COVID Hotspot. I t is one of the most familiar horror movie tropes on file: On a dark and stormy night, the phone rings and an evil voice whispers terrifying threats. The phone keeps ringing, the mystery grows, the tension builds, until the big reveal: THE CALL IS COMING FROM INSIDE THE HOUSE! By William Rivers Pitt 

‘Disaster Capitalism at Its Worst’: Report Details Big Oil’s Efforts to Cash In on Coronavirus “Polluters fought hard for kickbacks in the first coronavirus stimulus package and they are undoubtedly up to it again.” By Andrea Germanos

Senate Staffer Warns Congress ‘Sleepwalking Toward a Gut-Wrenching, Painful Failure’ on Covid-19 Relief “Congress appears to be on its way to passing a half-assed bill that underachieves on public health, families/workers, state/local governments, businesses,” the senior Democratic aide fretted. By Jake Johnson

Under Trump, American Exceptionalism Means Poverty, Misery And Death No other nation has endured as much death from Covid-19 nor nearly as a high a death rate as has the United States. With 4.25% of the world population, America has the tragic distinction of accounting for about 30% of pandemic deaths so far. By Robert Reich

The Media Monopoly Lies Regularly, They Expect Not Less From Trump:    Trump is Trying to Rewrite History With a Truckload of Lies — and the Media is Letting Him Do It  Former George W. Bush speechwriter Peter Wehner did an excellent job of capturing what the 2020 presidential election will be about when he wrote that it will be “a referendum on reality and epistemology.” Trump and his apparatchiks will not only step up their propaganda; they will increase their efforts to exhaust our critical thinking and to annihilate truth, in the words of the Russian dissident Garry Kasparov. We will see even more “alternative facts.” We will see even more brazen attempts to rewrite history. We will hear even more crazy conspiracy theories. We will witness even more lashing out at reporters, more rage, and more lies. “The real opposition is the media,” Steve Bannon, the president’s former chief strategist, once told the journalist Michael Lewis. “And the way to deal with them is to flood the zone with shit.”… Donald Trump is asking us to enter even further into his house of mirrors. He is asking us to live within a lie, to live within his lie, for four more years. The duty of citizenship in America today is to refuse to live within that lie. By Nancy LeTourneau

Who Me Lie?

Environment:

The Wet-Bulb Peril Has Arrived… Way Too Early The human body has limits. If “temperature plus humidity” is high enough, even a healthy person seated in the shade with plentiful water to drink will suffer severely or likely die. It’s the Wet-Bulb Temperature WBT effect. By Robert Hunziker

Civil Rights/ Black Liberation:

Black Agenda Radio for Week of May 11, 2020 With Margaret Kimberley and Glen Ford

  • “Scent of Africa” Marketed to “Afropolitans” Fifty years after most African nations won nominal independence, ad agencies are marketing upscale products like the perfume “Scent of Africa” to so-called “Afropolitans,” a cohort defined by Dr Grace Adeniyi-Ogunyankin, of Canada’s Queens University, as “mobile and relatively well-off” Africans. Adeniyi-Ogunyankin said Afropolitans are criticized for “trying to envision these same capitalist ways of consumption that continue to produce such inequalities.” However, she prefers to think of Afropolitans as Africans that are “aware of the world,” and part of it.

  • US Systemic Collapse is “Total” The current meltdown is “a total crisis of the system” in all its economic, social and political aspects, said Duboisian scholar Dr Anthony Monteiro. The Covid-19 pathogen “triggered the crisis-points that were already in existence.” The system’s “inability to contain the contagion deepened the economic crisis” and exacerbated the previously existing crisis of legitimacy of the US ruling circles. “We have to look at this as a total crisis,” said Monteiro, an organizer with the Philadelphia Saturday Free School.

  • Biden’s “Lift Every Voice” Proposal Appeals to Black Misleaders Black Alliance for Peace national organizer Ajamu Barakasaid de facto Democratic presidential candidate Joe Biden’s “Lift Every Voice” plan for Black America “assumes that all you have to do is provide a few little tweeks to the system and everything will be just fine.” But, “the US economy has collapsed and the impact on Black workers is profound.” Baraka, the 2016 Green Party vice presidential candidate, said only the Black Misleadership Class will sing the praises of Biden’s “symbolic, paternalistic crumbs.”

Institurionaliza Racism Ex-Cop Details NYPD ‘Collar Quotas’ — Arrest Black And Hispanic Men, ‘No Cuffs On Soft Targets’ of Jews, Asians, Whites: Court Docs The rules of “collars for dollars” at NYPD Transit District 34 were clear. Cops who arrested black men were rewarded with more overtime, a now-retired officer, Pierre Maximilien writes in an explosive declaration filed Monday in a discrimination lawsuit brought by Sgt. Edwin Raymond and three other cops. By Stephen Rex Brown And Graham RaymanLabor:

Union ‘Leader’, ‘In Partrnership With Boss’ Opososes the Health of the !% Leader of Gas Industry Front Group Used Public Health Threat to Cancel Climate Policy Vote in California A gas industry union leader and chair of a group funded by California’s largest gas utility threatened to protest with “no social distancing” a vote last month on a city policy in San Luis Obispo that would support electrification in new buildings, according to emails obtained by Climate Investigations Center and first reported in the Los Angeles Times. That threat to bus in hundreds of protesters, “potentially adding to this pandemic,” apparently worked as San Luis Obispo city officials have postponed the April 7 vote on its Clean Energy Choice Program indefinitely. By Dana Drugmand

Tyson is a Repeat Offender Even though 1,000 workers at Tyson’s slaughterhouse in Waterloo, IA have tested positive for the coronavirus, it has reopened. Tyson has said last week it would begin slaughtering pigs. The company promised that workers would receive daily screenings and access to nurse practitioners but many who can transmit the coronavirus are asymptomatic. At two other Tyson Iowa plants, 956 workers have tested positive. Meanwhile, “Millions of animals– chickens, pigs and cattle– will be depopulated because of the closure of our processing facilities, Tyson admits. By Martha Rosenberg

Economy:

BlackRock Begins Buying Junk Bond ETFs for the Fed Today: It’s Already at Work for the Central Bank of Israel It’s off to the races today for BlackRock. The New York Fed, with authority from the Federal Reserve Board and backstopped with taxpayers’ money, will begin the first phase of the Fed’s unprecedented leap into shoring up the sagging prices of investment grade corporate debt and junk bonds. BlackRock has been selected by the New York Fed to be the investment manager for these bailout facilities and will begin Phase I today by buying up Exchange Traded Funds (ETFs) containing investment grade corporate bonds as well as junk bonds. Making the situation particularly dicey is that BlackRock just happens to be one of the largest purveyors of said ETFs. By Pam Martens and Russ Marten

BlackRock Begins Buying Junk Bond ETFs for the Fed Today: It’s Already at Work for the Central Bank of Israel It’s off to the races today for BlackRock. The New York Fed, with authority from the Federal Reserve Board and backstopped with taxpayers’ money, will begin the first phase of the Fed’s unprecedented leap into shoring up the sagging prices of investment grade corporate debt and junk bonds. BlackRock has been selected by the New York Fed to be the investment manager for these bailout facilities and will begin Phase I today by buying up Exchange Traded Funds (ETFs) containing investment grade corporate bonds as well as junk bonds. Making the situation particularly dicey is that BlackRock just happens to be one of the largest purveyors of said ETFs. By Pam Martens and Russ Marten

Fed Report Shows Magical Thinking on Safety of Wall Street’s Banks The chart above from the November 2019 Federal Reserve report on the condition of the biggest banks in the U.S. shows that almost half were rated unsatisfactory. There have not been any reports since that November report until the latest one from the Fed which was released last week and dated May 2020. The new report carries this headline: “The banking industry came into 2020 in a healthy financial position.” This is part of the Fed’s strategy to lay its abysmal failure to supervise the mega Wall Street banks at the door of the coronavirus pandemic.  By Pam Martens and Russ MartensMeet the Fed’s Global Plunge Protection Team The Dow Jones Industrial Average rallied 455 points by the closing bell on Friday. It seemed sadistic to average folks. One hour before the stock market opened, the Bureau of Labor Statistics had reported the worst U.S. unemployment figure since the Great Depression (14.7 percent) along with the staggering loss of 20.5 million jobs in just the month of April. Within the first half hour of trading, the Dow was up more than 300 points. It then added to those gains in afternoon trading. None of the explanations offered by mainstream media to explain the incongruous stock trading were accurate. It was not because the stock market had anticipated worse or that the market was rallying because it thought the worst of the economic fallout was behind us. It was because the one emergency funding facility that the Federal Reserve has quietly ramped up more than any other, its Foreign Central Bank Liquidity Swap Lines, was working its magic on Friday. Pam Martens and Russ Martens

World:

Lifting the Lockdown: Boris Gives a Green Light to the Bosses Last night’s speech by the Prime Minister has left everyone confused. But the main message was loud and clear: workers are expected to put themselves on the line for the bosses’ profits. The unions must fight for workers’ control. When Boris’ bluster and spin is cast aside, what is left? A green light for big business to call their workers back to work so that their profits can begin flowing again. Workers are being cast into the meat grinder in the interests of the bosses’ profits. By Ben Curry

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 to be,  a democracy and part of the democratic way. — Roland Sheppard, Let the People  Vote on Healthcare!

Doctors Without Borders Dispatches Team to the Navajo Nation Doctors Without Borders is best known for sending medical professionals into international conflict zones in the midst of medical crises. The organization has teams in Afghanistan, Iran, Sierra Leone, Venezuela and 66 other countries. It did not, however, have a medical presence in the U.S. — until now.  By Christina Capatides