Daily News Digest September 16, 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 Deaths 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!

Under Capitalism — Human Lives Don’t Matter  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  Racism,  War, Famine, Pestilence, and Death. The very future of Humanity Is Now At stake! By Roland SheppardLaura Gray’s cartoon from the front page of The Militant August 18, 1945, Under the 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: Orange SkiesQuotes of the Day:

The GDP of the United States in the second quarter fell by 9.5 percent as compared to a year earlier. There is no indication of strong improvement. The IMF estimates that U.S. economic contraction will be about 6.6 percent for the year. The “risk ahead,” writes the IMF, “is that a large share of the U.S. population will have to contend with an important deterioration of living standards and significant economic hardship for several years to come.” The disruption will have long-term implications. These problems are laid out clearly by the IMF: “preventing the accumulation of human capital, eroding labor force participation, or contributing to social unrest.” This is the exact opposite of the scenario unfolding in China.  is as if we live on two planets. On one planet, there is outrage about the hypocrisy in what Trump said to Woodward, and outrage about the collapse of both the health system and the economy—with a harsh road forward to rebuild either. On the other planet, the chain of infection has been broken, although the Chinese government remains vigilant and is willing to sacrifice short-term economic growth to save the lives of its citizenry. — The Difference Between the U.S. and China’s Response to COVID-19 is Staggering

Despite all the attempts to turn the population against the government, the parliamentary elections in March 1973 saw an increase in the Popular Unity vote.                                                                                                              If the government had rested on the tremendous strength of the working masses, they could have crushed Chilean capitalism and smashed the old state. In its place, they could have formed a new workers’ state, based on arming the workers and generalising the elements of workers’ power that had emerged. Fatally Allende tried right up until the end to negotiate with the parliamentary representatives of the Chilean ruling class, the Christian Democrats. But whilst negotiations with the representatives of capital went on inside parliament, the capitalists themselves were preparing a coup.              Having failed to frustrate the revolution through parliamentary means, or exhaust it by economic strangulation, the imperialists and the bourgeoisie turned to the reactionary generals. On the morning of 11 September 1973, the coup was launched. British-manufactured jets bombed the presidential palace to ashes, taking Allende’s life, and inaugurating one of the darkest periods in Latin American history. The revolutionary workers – unarmed – were unable to put up resistance. For the next 17 years, the military junta headed by Pinochet unleashed savage terror against its opponents, and implemented the most extreme neoliberal counter-reforms.  The lives of thousands of workers and young activists were the price of the failure of the Popular Unity to smash the capitalist state and to carry through the socialist revolution.  As the workers of Chile and the world face a new epoch of revolution, it is important we learn the dearly bought lessons of the earlier Chilean Revolution of 1970-73. —50 Years Since Allende’s Election in Chile: Lessons for the Future

Videos of the Day:

Watch a 4-Mile-Wide Iceberg Break From Greenland Glacier A 4-mile-wide iceberg broke off the Helheim Glacier in Greenland in 2018, tumbling into the fjord below. The 35-minute calving was captured in this time-lapseUnited 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!

America’s War on Terror is the True Cause of Europe’s Refugee Crisis There is an instinctive assumption in the west that it is perfectly natural for people to flee their own failed states (the failure supposedly brought on by self-inflicted violence and corruption) to seek refuge in the better-run, safer and more prosperous countries. But what we are really seeing in those pathetic half-swamped rubber boats bobbing up and down in the Channel are the thin end of the wedge of a vast exodus of people brought about by military intervention by the US and its allies. As a result of their “global war on terror”, launched following the al-Qaeda attacks in the US on 11 September 2001, no less than 37 million people have been displaced from their homes, according to a revelatory report published this week by Brown University. By Patrick Cockburn

God, Guns, Bats, and Patriotism I live in Portland, Oregon, where presently the state is suffering from the worst wildfires in its history. Eventually, these wildfires will be called what they really are: “Climate Fires.” 500,000 Oregonians are on alert to evacuate. Whole towns have been completely destroyed. The city of  Portland was so polluted from dark brown smoke yesterday that I had to hurry home after delivering lunches to the homeless in Old Town.   The poverty stricken people I gave lunches to did not have that option. The toxic smoke was starting to affect my breathing, and I was getting anxious. Other than breathing tear gas at many demonstrations, I have never been inthis kind of situation before, where I was conscious of being enveloped in highly polluted air. By Mike HastieTrump, Roger Stone call for violence and repression after Election Day The US president and his oldest political crony called for a police-military crackdown to back his continued rule. At a campaign rally and in a television interview, President Donald Trump reiterated his threats of police-military repression during and after the Nov. 3 election to maintain himself in power. He suggested again that he “deserved” a third term, for a total of 12 years in office, although that would violate the US Constitution. By Patrick Martin

American Carnage’ Unveiled It doesn’t seem to sink in that this country’s so-called president withheld deadly serious information from the American people about such a life-altering, once-in-a-century coronavirus that it could kill them. It was his biggest lie yet. What Donald Trump did was comparable to setting the house on fire – our house – with “we the people” locked inside as we helplessly watched the smoke curling in under the doors and dying one by one with little or no possibility of rescue. By Richard C. GrossEnvironment:

As the Forest Burn and The Waters Rise: Climate Arsonist: “I Don’t Think Science Knows, Actually.” Trump Says, Rolling His Eyes and Smirking ‘Yet Another Alarm Bell’: Ice Chunk Twice Size of Manhattan Breaks Off Greenland Glacier Amid Record Arctic Warming News of the development came as the National Oceanic and Atmospheric Administration declared this summer the hottest ever recorded in the Northern Hemisphere.This Glacier Just Spit Out An Iceberg the Size Of Lower ManhattanThe Helheim Glacier in Greenland just lost 10 billion tons of ice–and scientists captured it on camera. This particular chunk of glacier—about 10 billion tons of ice, enough to give every American more than 600 10-pound bags of ice—won’t have a noticeable effect on the waves that lap at the beaches in Sydney, Cape Cod, or Honolulu. But when you add up this plus all the other pieces that slough off from both Greenland and West Antarctica each year, the effect adds up: about a millimeter a year, or a few inches over the past 25 years. And the ice sheets shed faster and faster each year By Jake Johnson

Anthropogenic CO2 Emissions are Fate  I developed a model of Global Warming based on the anthropogenic perturbation of the Carbon Cycle. The essence of this model is a rate equation for the evolution of the carbon dioxide (CO2) concentration in the atmosphere. The interesting results from this model are projected trends for the CO2 concentration and the average global temperature during the next century. The character of those trends — whether rapid rises, shallow plateaus, or diminishment into the future — depend crucially on the magnitude of our civilization’s emissions of CO2, and whether those anthropogenic emissions increase or decrease with time. In the real world at present, they are increasing. By Manuel García, Jr.

As Right-Wingers Block Evacuation Routes, “Antifa” Lead Relief Efforts in Oregon Some buying into false social media postings about antifa are attacking others they wrongly accuse of “looting.” L Law enforcement agencies in the Pacific Northwest region of the United States are struggling to dissuade people from buying into conspiracy theories alleging extremists are starting many of the wildfires currently ravaging the area. By Chris WalkerThe California Wildfires, Climate Change and Capitalism The wildfires burning through the US West Coast, the largest on record in California and poised to become the largest in the history of the United States, have already killed 33 people and threaten to displace hundreds of thousands. Just one of these fires, the August Complex in California, has consumed more than 875,000 acres. Until yesterday afternoon, the entire city of Portland was on alert for a mass evacuation as local and state officials warned of a “mass fatality event” if the fires reached Oregon’s largest city.Taking Aim at ExxonMobil, Connecticut Joins ‘Fast-Growing Wave of Climate Lawsuits’ Targeting Fossil Fuel Giants “This avalanche of climate litigation is Exxon’s worst nightmare. The public increasingly understands Big Oil’s role in causing and lying about the climate crisis.” By Jessica Corbett

Civil Rights/ Black Liberarion:

“Blood All Over”: Physicians’ Group Identifies 115 Head Injuries Caused By So-Called “Less-Lethal” Projectiles “We must ban the use of kinetic impact projectiles in crowd-control situations due both to the life-threatening injuries they can cause and their potential to violate freedom of expression and assembly,” says Physicians for Human Rights. By  Kenny Stancil

Black Lives Matter Is a Continuum of Black Protest Over Centuries The world is watching as Donald Trump and his team incite violence against nonwhite Americans across the United States. Trump’s team spans a broad array of warriors: his core staffers at the White House, senior Justice Department officers, many police departments across the country, key politicians in Congress, Fox News and other extreme media outlets, invisible right-wing trolls behind keyboards, armed vigilante militias, and many others. Their violent rhetoric spawns physical violence and emotional trauma on the vulnerable. For viewers afar, these flashpoints are baffling as they are incompatible with the imagined promised land of the U.S. Yet, for Black America, this is a continuation of the American odyssey. History is replete with unfathomable violence against Black people. By Danielle Taana Smith



Shadow Government Statisticss Flash Economic Commentary, Issue No. 1448 Labor Market Conditions, Inflation and Money Supply

  • Evolving, “L”-Shaped Economic Recovery Confirmed by Latest, Consistent Reporting of New Claims for Unemployment Insurance

  • August 2020 CPI and PPI Core Inflation Continued to Spike

  • Record Annual Money Supply Growth Foreshadows Higher Inflation

  • While Record Money Growth Appears to Be Topping, the Leading-Relationship Federal Reserve Monetary Base Annual Growth Is Surging Anew

  • Pending FOMC Could Look to Accelerate Already Record Money Supply Growth and the Pickup in Core Inflation

  • Broader Money Measures Should Resume Annual Expansion in September/October With Inflation Accelerating Sharply in Early 2021

Graph 24: February 3 to September 11, 2020 Financial Markets (Dow Jones Industrial Average)  February 2020 to September 2020 Financial Markets Dow Jones Industrial Average vs. Gold and Swiss Franc DJIA, Gold and CHF All Indexed to Feb 12 = 100 (DJIA All-Time High

QAnon Joins Hits to Citigroup’s Brand: Dr. Evil Trade; Parmalat “Black Hole”; Enron; SIV Liquidity Puts; and Dracula Stock Options The business media was abuzz yesterday with reports that two of Citigroup’s federal regulators – the Office of the Comptroller of the Currency and the Federal Reserve – are considering reprimanding the bank for failure to improve its risk management systems. Trust us: there is a lot more to this story than you’re reading about in the main stream press. Citigroup doesn’t do anything small. When it does something bad, it goes all in – sometimes even assigning a code name. By Pam Martens and Russ Martens


Assange’s extradition hearing is a farce: defend freedom of speech! After much delay due to COVID-19 restrictions, Julian Assange’s extradition hearing resumed on 7September in the Old Bailey, London. Assange has remained in solitary confinement in the high security Belmarsh Prison since he was forcibly removed from the Ecuadorian embassy on 11 April 2019. By Rob Smith

50 Years Since Allende’s Election in Chile: Lessons for the Future 50 years ago, the Allende government was elected in Chile. It carried out a host of radical reforms. But capitalism was not abolished. The tragic conclusion was the coup of 11 Sept 1973.  We must remember this important episode from history.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 

The Difference Between the U.S. and China’s Response to COVID-19 is Staggering In Washington Post reporter Bob Woodward’s new book, Rage, he reports on interviews he did in February and March with U.S. President Donald Trump about the coronavirus. Trump admitted that the virus was virulent, but he decided to underplay its danger. “I wanted to always play it down,” Trump said, “because I don’t want to create a panic.” Despite months of warnings from the Chinese authorities, Trump and his health secretary Alex Azar completely failed to prepare for the global pandemic.The United States continues to have the largest total number of cases of COVID-19. The government continues to flounder as the number of cases escalates. Not one state in the country seems immune to the spread of the disease. By Vijay Prashad and John Ross