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!
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!
Eivction is a Form of Terrorism: Under Capitalism, There Is Nothing Colder Than a Landlord’s/Corporation’s Heart!: More Than 20 Million People in US Face Eviction by the End of September One in five Americans who live in rentals could face eviction by the end of September as Congressional Republicans move to cut off unemployment assistance and other coronavirus relief, according to an analysis by the Aspen Institute. More than 20 million people — roughly 20% of the 110 million Americans living in rented homes — could face homelessness by the fall, according to the analysis, which used data from the COVID-19 Eviction Defense Project. One in five Americans who live in rentals could face eviction by the end of September as Congressional Republicans move to cut off unemployment assistance and other coronavirus relief, according to an analysis by the Aspen Institute. More than 20 million people — roughly 20% of the 110 million Americans living in rented homes — could face homelessness by the fall, according to the analysis, which used data from the COVID-19 Eviction Defense Project. By Igor Derysh
How BlackRock exploited the COVID-19 pandemic As the country is distracted by the COVID-19 pandemic, another “too big to fail” asset manager which handles more than $7 trillion in direct management and another $20 trillion through its proprietary software, BlackRock, is coming under scrutiny by one investigative author. She’s calling for it to be broken up under antitrust laws. Attorney, author and founder of the Public Banking Institute Ellen Brown joins In Question to discuss.
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.
There is no democracy in the United States! — Just democracy for the 1%! When the order in the United States is economic and social inequality. The slogan ‘Law and Order’ means the maintenance of that order— Rich 1% First and the poorest of the 99% last!. Real democracy means that we all share the wealth equally! —Roland Sheppard
Consumer Price Index (CPI) Producer Prices declined by 0.2% (-0.2%) in the month, thanks to rising gasoline prices and the PPI’s mal-defined, dominant Services Sector
Covered in No. 1442: Of questionable quality, June Payrolls and Unemployment improved more than expected
The May 2020 Trade Deficit deepened sharply, in the context of collapsing global trade volume May Construction Spending showed a deepening downturn, despite gimmicked upside revisionsJune 2020 Money Supply (M1, M2 and M3) annual growth surged to record highs; June Financial-Weighted U.S. Dollar turned negative year-to-year (all graphed and detailed on the ALTERNATE DATA tab, linked above)
Using Bank Deposits, JPMorgan Chase Lost $3.2 Billion Trading Stocks and Credit Derivatives in First Quarter Imagine if every bank customer was greeted this week with a big sign just inside their Chase Bank branch that said this:“Dear Customers: We lost $3.2 billion trading stocks and credit derivatives in the first quarter. We did that using your bank deposits. But don’t worry, that pales in comparison to the $6 billion we lost in 2012 in the London Whale mess.”By Pam Martens and Russ MartensWorld:
Adding Insult to the ‘Injury of Colonialism,’ Trump Suggested Selling Puerto Rico After Hurricane Maria, Former Advisor Says “You may try to sell the office you hold, your personal integrity and your soul, Mr. President—but I assure you Puerto Rico is not for sale!” tweeted Rep. Nydia Velazquez. According to a New York Times interview with Elaine Duke, who served as Homeland Security Secretary from 2017 to 2018 and worked in President Donald Trump’s cabinet when Hurricane Maria severely damaged the island of Puerto Rico, the president suggested selling the territory when it became clear the federal government would have to assist with a major recovery
\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
U.S. Secretary of Education Betsy DeVos, Secretary of Health and Human Services Alex Azar, and Secretary of Labor Eugene Scalia listen during a White House Coronavirus Task Force press briefing the U.S. Department of Education on July 8, 2020, in Washington, D.C.
Laura Gray’s cartoon from the front page of The Militant August 18, 1945, Under the Banner Headline: “There Is No Peace”
‘Extremely Regrettable’: Okinawa Governor Rips US for Letting Covid-19 Infections Surge on American Military Bases “Infections are rapidly spreading among U.S. personnel when we Okinawans are doing our utmost to contain the infectiletting-covid-19-infections-surgeons.” By Jake Johnson
Environment:
‘It’s All On Hold’: How Covid-19 Derailed the Fight Against Plastic Waste Pandemic prompted states to temporarily ban reusable grocery bags and stalled legislation aimed at reducing plastic packaging By Erin McCormick
Global Electronic Waste Up 21 Percent in Five Years — Little of It Is Recycled Each year, the total amount of electric and electronic equipment the world uses grows by 2.5 million tonnes. Phones, radios, toys, laptops – if it has a power or battery supply it’s likely to join a growing mountain of “e-waste” after use. By Vanessa Forti
Civil Rights/Black Liberation:
World:
