Daily News Digest Archives
Another Example Capitalism as a Failed System: World Capilalism Was Aware of the Danger of Cornovavirus Threat Over 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 future of Humanity Is Now At stake!
Since World War I, ‘the war to end all wars’, there have been perpetual wars for perpetual peace, this Laura 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! For Decades, Blacks Have Been Subjected to The Iron Heel! Currently, the US Capitalist Class is Divided Over When — Not If, to Apply It to Everyone!
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!
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:
Signe Wilkinson: Bipartisan Covid is Breaking Out All Over
Quotes 0f the Day:
Trump. Motto: Exaggerate/Claim Everything!, Deny Responsibility!, and When Caught? — Holler Foul!!!!
To end the health and economic crisis, bold action must be taken. A call for the expropriation of the commanding heights of the economy and that they come under the control of the workers, nationalisation of the banks, nationalisation of the mining companies, etc. Only by having sufficient resources under the centralised control of the working class, could sufficient resources be allocated to provide for hospitals and schools, to give work to all idle hands, etc. This assembly, this organised power of the people, would really be what the masses understand by a “constituent”, not a bourgeois parliament called by the current institutions, but a workers and peasants parliament. In this historic week, the masses in Peru have demonstrated their courage, their willingness to fight and their power, as the masses in Ecuador and Chile did a year ago. Endowed with a revolutionary leadership and a clear socialist programme, they would be invincible. Neither Vizcarra, nor Merino, nor the congressional den of thieves — get rid of them all! — National Strike and National Assembly of Workers — Workers’ Government — Political crisis and class struggle in Peru
Videos of the Day:
Deacons for Defense (Full Movie)
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!
This Last Weekend
Many things were gained as a result of these years of struggle. In 1964 the Civil Rights Bill came into being after the Birmingham movement, which did a great deal to subpoena the conscience of a large segment of the nation to appear before the judgment seat of morality on the whole question of Civil Rights. After the Selma movement in 1965, we were able to get a Voting Rights Bill. And all of these things represented strides. But we must see that the struggle today is much more difficult. It’s more difficult today because we are struggling now for genuine equality. And it’s much easier to integrate a lunch counter than it is to guarantee a livable income and a good solid job. It’s much easier to guarantee the right to vote than it is to guarantee the right to live in sanitary, decent housing conditions. It is much easier to integrate a public park than it is to make genuine, quality, integrated education a reality. And so today we are struggling for something which says we demand genuine equality. — Martin Luther King, The Other America, 4/13/1967
The Supreme Court Judge Alito Defemds ‘Right’ to Infect Others!: Alito Attacks Marriage Equality, COVID Orders, and Reproductive Rights in Speech Supreme Court Justice Samuel Alito delivered an impassioned and alarming speech on Thursday evening that touched on a number of hot-button political issues — an unusual move from a Supreme Court justice that provoked sharp rebukes from a number of legal experts. The justice’s words, delivered virtually as a keynote speech to the right-wing Federalist Society, made suspect warnings over encroachments on individual liberty in the United States. Alito criticized Supreme Court rulings on marriage equality, for example, and discussed his concerns over restrictions being issued by state governments in order to deal with the coronavirus pandemic. By Chris Walker
Environment:
Glasgow Agreement, A Plan of Our Own Rather than plans dictated from the top—which have proven not only to be unfair and destructive, but not even reach the necessary emissions cuts—we will build a plan of our own, from below. We are once again at a crossroads. The COP-26 in Glasgow has been postponed due to the Covid-19 pandemic, but the climate collapse may already be upon us, with warning signs coming simultaneously from all around the world: the forest fires in California, in the Amazon and Pantanal, the floods in Bangladesh and Afghanistan, the collapse in Greenland’s ice shelves. These are now weekly events. They are the most visible symptoms of an ill-fated system. By The Glasgow Agreement
United States of Pollution: More Than Two-Thirds of UN Members Embrace Global Plastic Pollution Treaty—But Not the US “Support for a global treaty on plastic pollution is a critical action that the Biden administration can take to correct the wrongs of the Trump era.” By Julia Conley
Firing a “Vindictive, Illegal Parting Shot,” Trump’s Interior Proposes Sabotage of Conservation Program “Bernhardt is shamelessly imposing his extremist anti-public lands policy in a blatant end-run around Congress.”—Randi Spivak, Center for Biological Diversity “The administration’s proposal is unneeded, unwanted, and unacceptable.”By Andrea Germanos
‘This Is a Really, Really Big Deal’: Michigan Gov. Moves to Shut Down Line 5 Pipeline to Protect Great Lakes “Enbridge has imposed on the people of Michigan an unacceptable risk of a catastrophic oil spill in the Great Lakes that could devastate our economy and way of life.” Environmental and Indigenous activists celebrated Friday after Democratic Michigan Gov. Gretchen Whitmer took action to shut down the decades-old Enbridge Line 5 oil and natural gas pipelines that run under the Straits of Mackinac, narrow waterways that connect Lake Huron and Lake Michigan—two of the Great Lakes.Citing the threat to the Great Lakes as well as “persistent and incurable violations” by Enbridge, Whitmer and Michigan Department of Natural Resources (DNR) Director Dan Eichinger informed the Canadian fossil fuel giant that a 1953 easement allowing it to operate the pipelines is being revoked and
A Record Year for Hurricanes Exposes Racial Disparities on the Gulf Coast Activist Hilton Kelley discusses deeply rooted racial disparities complicating disaster relief on the Gulf Coast. After another record-breaking hurricane season, environmental justice activist Hilton Kelley discusses deeply rooted racial disparities complicating disaster relief on the Gulf Coast. By Mike Ludwig
Civil Rights/Black Liberation:
My 2010 introduction to King’s, The Other America, for the San Francisco BayView:
During his lifetime, as a leader of the civil rights movement, King was constantly hounded by the government with the most savage malice, the most furious hatred and the most unscrupulous campaigns of lies and slander. Since his death, an effort has been made to convert him into a harmless icon – to canonize him. Below is one of his last speeches, given over 40 years ago and one year before his assassination, at Stanford University in April 1967 and titled the ‘The Other America.’ Here he speaks not of a dream but of the nightmarish economic condition of Black people. When he talks about ‘work-starved men searching for jobs that do not exist’ and living on a ‘lonely island of poverty surrounded by an ocean of material prosperity,’ the speech remains timely in today’s world.
Labor:
Don’t let flashy 3rd quarter GDP Growth Fool You, The Economy is Still in a Big Hole . . .Other evidence also demonstrates that the rebound in the economy has been slowing down over the late summer and into the fall. For each month from June to August, personal consumption growth was slower than in the month before. The same was true of retail sales through the summer, though it rebounded slightly in September. The Chicago Federal Reserve National Economic Activity Index, which pulls together over 80 data series from consumption to employment to production indicated that growth in August was the slowest it has been since the economy began to recover in May. This slower growth is problematic given the huge hole in employment. Employment in the United States is still more than 10 million jobs below its level in February. Job growth, which broke records in June with almost 4.8 million jobs gained, slowed to 1.8 million jobs gained in July, 1.5 million in August, down to 660,000 jobs gained in September. If job growth continues to slow, it will take years to bring the economy back to its level of employment before the COVID recession. Job growth certainly does not look like a “V” anymore. By Jay Shambaugh
Economy:
Shadow Government Statistic s Flash Economic Commentary, Issue No. 1451 Election, COVID-19,
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FOMC and Money Supply, October Payrolls and Unemployment
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Positive News on COVID-19 Vaccines and Treatments Rallied Stocks to Pre-Pandemic Peaks
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Pandemic-Related Structural Damage to the Economy, However, Promises a Troubled Recovery, With Meaningful Fiscal and Monetary Stimulus Likely Continuing Beyond 2021
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FOMC Will Maintain Its Emergency Monetary Expansion For the Duration of the Economic Crisis, Looking to Boost Inflation
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FOMC Will Maintain Its Emergency Monetary Expansion For the Duration of the Economic Crisis, Looking to Boost Inflation
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With Presidential Election Results Under Challenge, Political Uncertainties Can Roil the Financial Markets
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Democrat Control of Both the Congress and Executive Branch Would Threaten U.S. Dollar Stability and Exacerbate Inflation Risks
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October 2020 Employment Growth Continued Faltering in an L-Shaped Economic Recovery
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Headline October Inflation Remained Muted by the Oil-Price War
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Third-Quarter 2020 Trade Deficit Was Worst in History
October 2020 Money Supply M1, M2 and M3 – Trillions of Dollars M3 Estimate – Federal Reserve Board to 2006, Shadow Government Statistics Thereafter 1960 to October 2020, Seasonally Adjusted [ShadowStats, FRB]
World:
