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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!
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:
Quotes of the Day:
There is only one reason for a stock or bond prices to go up. And that’s because of the flow of funds into the stock market. What had been supporting the stock market for the last 12 years was very largely stock buybacks by companies using their revenue to sort of close down their business, disinvest and buy their own stocks to at least keep the prices up. Well, what’s flowing into the market right now? Obviously, it’s not corporate profits buying their own stocks, and it’s certainly not popular money coming into the market by small investors thinking that stocks are going to earn more. All this money is coming into the market from the 10 trillion dollar bailout via the Federal Reserve. The Federal Reserve is going out directly and is buying stocks, bonds, junk bonds, mortgages, junk mortgages, all to prop up the value of assets. Now, when it’s putting this money into the stock market, it’s buying stocks that are already issued and have long since —the proceeds have been spent on building factories or enterprises or as means of making money. So none of this bailout money, none of this 10 trillion going into the stock market has any effect at all on the real economy of production and consumption. It’s solely to support the assets that are held almost eighty five percent by the wealthiest 10 percent of the economy. So the Fed has revived the stock market downturn. It’s come up, and what it said is, “Folks, you can bail out of the stock market, give us your junk bonds. That’s sort of like the Statue of Liberty for wealthy people. Give us your stocks. Sell your bonds. We’ll buy them all up at Federal Reserve expense and will purchase them. And we’ll also do our own forward buying to manipulate the stock market by promising to buy our stock, so the higher price in the forward market. So that’s going to create a speculative demand for stock. So the speculative demand for stocks by Federal Reserve manipulation and the actual flow of funding money into the stock market from the government has been pushing it back up, giving the illusion of prosperity, at least for the 10 percent. — Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich
Videos of the Day:
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. Rax the Rich! — They Can Afford To Pay!
After Nagasaki, the U.S. Did Not Choose Peace On August 9, 2015, the 70th anniversary of the bombing of Nagasaki, I attended a ceremony at Ashley Pond, Los Alamos, New Mexico. This is the place, geographically, where the first atom bombs were constructed. … Unfortunately, peace is not the direction the U.S. chose to take after World War II. I say “chose,” because war is not a natural phenomenon like a hurricane or pandemic—it is aberrant human behavior. It requires thought, planning, public support, resource allocation, training, and implementation. By Michael D. Knox
In the 1%’s United States, Profits Trump Health!: Is Big Pharma More Interested in Profiteering Than Protecting Us From Coronavirus? April 12, 1955 stands out as the brightest day in the history of vaccine development and public health when news of the discovery by Jonas Salk of a vaccine for the poliovirus was made public. The most venerated medical scientist of the 20th century, Jonas Salk, M.D., was hailed as a miracle worker. He further endeared himself to the public by underscoring every humans right to health care by refusing to patent the vaccine. He had no desire to profit personally from the discovery, but wanted the vaccine disseminated as widely as possible. Dr. Salk strongly rejected patenting and profiteering when he declared, “Could you patent the sun?”. He clearly recognized that vaccines and other medications should be accessible and affordable to all citizens as a necessary non-profit social service and health right of everyone. Today, in sharp contrast, profiteering by Big Pharma too often reigns to the detriment of public health. Forty years of private corporatist Big Pharma and oligarch control of our economy has left the public totally exposed and ill-prepared to face the public health crisis of COVID-19. Because Big Pharma rarely invests in prevention, it has little motivation to invest in preparedness for a public health crisis. Drugs for prevention do not contribute to share-holder value and profit. Instead, cures are designed once a public health crisis strikes. The sicker we are the more profit they earn. By F. Douglas Stephenson
Environment:
The Fertilizer That Might Have Caused the Beirut Explosion is All Over The U.S. It’s Unevenly Regulated A powerful explosion that ripped through Beirut on Tuesday and killed more than 130 people may be the latest example of the danger posed by a common fertilizer stored in communities throughout the U.S. A powerful explosion that ripped through Beirut on Tuesday and killed more than 130 people may be the latest example of the danger posed by a common fertilizer stored in communities throughout the U.S. By Joe Wertz
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
The Police Force Stampede in Portland on August 8, 2020 I was in attendance of another BLM demonstration in Portland, Oregon this weekend. I say attendance, because eventually if there is going to be any real changes in this country, we need more attendance. If there is going to be real Police Reform in the U.S. then the resistance calling for that reform has to be constant, or shall we say relentless. That is why the demonstrations have been going on every night in Portland for the past 70 + days. There are certainly a lot of different opinions as to how that should be played out. It is hard to tell where this is all going in Portland, or any other major city across America. And, of course, the COVID-19 pandemic has put so many things on drastic hold. By Mike Hastie
Labor:
Economy:
Trump’s Executive Orders Sow Confusion and Illusions President Donald Trump has taken to governing from the 19th Hole in the midst of the worst economic crisis since the Great Depression. On Saturday, speaking from the clubhouse of the Trump National Golf Club in Bedminster, New Jersey, Trump announced four executive actions that he promised would “take care of, pretty much, this entire situation,” meaning economic relief for struggling workers who have lost their jobs as a result of the pandemic. But by the time the Sunday talk shows rolled around, it became clear that the executive orders and memorandum had been hastily cobbled together with gaping holes and obstacles to providing meaningful relief. By Pam Martens and Russ Martens
World:
The United States Is The Greatest Threat to the Humanity in the History of the Planet: U.S. Coronavirus Response Met With Alarm Abroad Europeans are watching America’s bungled coronavirus response with astonishment. With confirmed coronavirus cases in the U.S. hitting 5 million Sunday, by far the highest of any country, the failure of the most powerful nation in the world to contain the scourge has been met with astonishment and alarm in Europe. Perhaps nowhere outside the U.S. is America’s bungled virus response viewed with more consternation than in Italy, which was ground zero of Europe’s epidemic. Italians were unprepared when the outbreak exploded in February, and the country still has one of the world’s highest official death tolls at 35,000.But after a strict nationwide, 10-week lockdown, vigilant tracing of new clusters and general acceptance of mask mandates and social distancing, Italy has become a model of virus containment. By Nicole Winfield and Lisa Marie Pane
Lebanon’s Revolution: An Explosion of Class Anger The explosion in Beirut last week has caused an explosion of rage and struggle, as the Lebanese masses take once again to the streets. We say: trust nobody but your own forces! Workers of Lebanon, overthrow the whole rotten system! By Adam Zeineddine
Education, Health, Science, 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 ‘:’, 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
Results of Dr. Trump’s (Doctor Death) Medical Advice: ‘Impossible to Stay Quiet’: With Nearly 100,000 Kids Infected by Covid-19 in Just Two Weeks, Medical Experts Warn Against Hasty Return to School “Rushing to reopen our schools will directly jeopardize the lives of our students and educators, and that is a risk we cannot take,” said Massachusetts Congresswoman Ayanna Pressley. n estimated 338,000 children in the United States have been infected with Covid-19, and 97,000 of those were reported in the final two weeks of July, according to a report released by the American Academy of Pediatrics and the Children’s Hospital Association. By Lisa Newcomb
Laura Gray’s cartoon from the front page of The Militant August 18, 1945, Under the Banner Headline: “There Is No Peace”
Interview: John Williams – Shadow Government Statistics
Abolishing Police Is a Step Toward Ending White Supremacy and CapitalismWe must also dismantle the entire criminal legal apparatus rooted in economic exploitation and racial oppression. By Kristian Williams
Civil Rights/Black Liberation: