Daily News Digest March 11, 2021

Daily News Digest Archives

Images of the Day:

Ann Telnaes: Racism Isn’t the Only Problem in MonarchiesHatred Is An Intregal Part of Capitalist RuleAnother 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!

Quotes 0f the Day:

From: ‘A No-Brainer—And Long Overdue’: Report Finds Raising Minimum Wage to $15 Would Boost Pay of 32 Million

  • Raising the nation’s hourly minimum wage to $15 by 2025 would boost the pay of 32 million people—or over a fifth of the U.S. workforce, according to the think tank. Three-quarters of workers who would see their pay rise are represented by senators who helped blocks its inclusion in the relief package.

  • EPI found that if a wage increase were implemented, “on average, an affected worker who works year round would see an annual pay increase of about $3,300.” In 2025, workers would receive a total of $108 billion in additional wages, according to the report, authored by EPI economist Ben Zipperer, data analyst Zane Mokhiber, and senior economic analyst David Cooper.

  • “A $15 minimum wage would raise the pay of essential and frontline workers, reduce the number of people living in poverty, narrow racial pay gaps, and boost the economy,” said Cooper, also deputy director of the Economic Analysis and Research Network. “Raising the minimum wage is a no-brainer—and long overdue.”

  • However, such an increase requires action by Congress—and, as Zipperer pointed out, not only have lawmakers failed to raise the minimum wage in over a decade, but “their inaction has effectively given minimum wage workers a pay cut.”

Videos of the Day:

Glen Greenwald Interview: With a Second War on Terror Looming, ‘The Mauritanian’ Explores the FirstImprisoned without charges for fourteen years in Guantánamo, Mohamedou Slahi is a symbol of humans’ impulse to abuse power and their capacity for redemption.

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

Robber Baron Government — Bi-Paritisan Insider Trading:  GOP Lawmaker Was Busy Buying Amazon Stock as Economy Was Shutting Down Last Year While the market was crashing and people were going into quarantine, Crenshaw bought thousands in Amazon stock.  New reporting has found that Rep. Dan Crenshaw (R-Texas) traded stocks for the first time as a member of Congress during March 2020, while Congress was negotiating and voting on the CARES Act.Crenshaw bought six stocks in March 2020, five of which he bought between March 25 and 27, the days that both chambers of Congress voted on and passed the CARES Act, The Daily Beast has found. He failed to disclose these buys at first, in violation of the STOCK Act, which makes it illegal for members of Congress to participate in insider trading and requires them to disclose stock transactions. By Sharon Zhang

From Senate Intel Chair Sold up to $1.6 million in Stock Before Crash.Senate Intelligence Chairman Richard Burr (R-N.C.) dumped between $582,029 and $1.56 million of his stocks on Feb. 13, days after writing a Fox News op-ed that said the U.S. is “better prepared than ever before” to face public health threats like the coronavirus, according to ProPublica.

Sens. Dianne Feinstein, Jim Inhofe Made Stock Trades Before Coronavirus Pandemic Two more senators made hefty stock sales before the coronavirus pandemic tanked global markets, records revealed as two other lawmakers who dumped millions in shares faced mounting calls to resign.Sens. Dianne Feinstein and Jim Inhofe sold as much as $6.4 million worth of stock in the weeks before panic about the coronavirus sparked a worldwide selloff, according to disclosure filings first reported by the New York Times.

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United States: Biden’s Foreign Policy No Break With The Past Enough has emerged to begin to see the outlines of United States President Joe Biden’s foreign policy in key areas. In the Middle East, there have been interrelated steps taken by the administration on Iran, Saudi Arabia, Yemen, Palestine and Israel.  As Biden’s nominee for Secretary of State, Blinken told the US Senate in January that the Biden administration would continue to support opposition figure Juan Guaido as Venezuela’s president. Blinken said the US would talk only to Guaido and not to elected President Nicolas Maduro.By Barry Sheppard

A Shortage in Vaccines, But $264 billion Going Up in Smoke:  New Report to Expose War Industry Lobby Behind $264 Billion US Nuclear Missile ‘Boondoggle’ A new report by the Federation of American Scientists set for publication next week will reportedly argue that U.S. plans to spend up to $264 billion on construction and maintenance of a new nuclear missile are mostly being fueled by intense lobbying from the powerful weapons industry, not rational or humane strategic objectives. “It is becoming increasingly clear that there has not been a serious consideration of what role these Cold War-era weapons are supposed to play in a post-Cold War security environment,” the FAS assessment of the ground-based strategic deterrent (GBSD) project will say, according to new reporting from The Guardian.  By Jake Johnson  Most Small Business Owners Still Haven’t Had Their Ppp Loans Forgiven The numbers are even worse for Black business owners: Three-quarters still haven’t received forgiveness, according to a recent survey. Jenna Edwards runs the For a Day Foundation, a nonprofit that helps children with cancer during their hospital stays and has no actual office. So she assumed that getting a loan forgiven from the Paycheck Protection Program to cover two months of payroll would be “pretty automatic,” she said. Congress created the PPP, to be overseen by the U.S. Small Business Administration, last March to cover payroll and other expenses in the coronavirus pandemic with the promise that loans would be forgiven, essentially converted to grants.She was wrong. In September, she submitted a completed one-page application for forgiveness to her account with PayPal LoanBuilder and was told it would be reviewed within 60 days. At first she got emails regularly saying it was under review with contact information for her loan specialist, but then those stopped coming. In mid-January, she logged into her account and saw she had been assigned a different loan specialist and emailed him but never got a response. When she contacted the first specialist, he told her he had been reassigned to processing applications for the new round of PPP money. By Bryce CovertWhy the Government’s Plan to Help Out Renters ss Falling Flat The program to assist with rent has run into numerous barriers in distributing aid — including landlords As the coronavirus pandemic drags on into its second year, millions of people like Burgess are struggling to pay their rent and bills, with many placing hope in the federal relief money being sent to state and local governments for short-term rental assistance payments. These emergency rental assistance programs, which were created and expanded with funding from the CARES Act back in March, were meant to provide desperately needed financial support to households and tenants who abruptly lost income. By Aída ChávezEnvironment:

Japanese Nuclear Power Station Leaves Toxic Legacy Ten years ago, the Japanese nuclear power station at Fukushima was devastated by a tsunami. Its baleful ruins remain today. Almost a decade ago, on 11 March 2011, a massive earthquake created a 14 metre-high tsunami wave which destroyed the reactors of a Japanese nuclear power station at the town of Fukushima. Ten years on, the clean-up has barely begun. Large areas of farmland and towns near the plant are still highly contaminated, too dangerous to inhabit. Constant vigilance is needed to prevent the stricken reactors causing further danger. It will be at least another 20 years before they can be made safe. At first the gravity of the accident was overshadowed by the other damage the tsunami had caused, particularly the loss of nearly 20,000 people from communities along the coast who were swept to their deaths as their towns and villages were ruined.Civil Rights/Black Liberation:

Labor:

Economy:

Dems Provide Brutal Assessment of Wall Street at Senate Banking Hearing Yesterday’s Senate Banking Committee hearing to assess if the wild trading in meme stocks like GameStop and others requires new regulations on Wall Street turned into an overall assessment that Wall Street’s capital allocation system is broken and the main function of Wall Street today is a wealth transfer system for the rich. The Chair of the Committee, Senator Sherrod Brown (D-OH) summed it up as follows: (Read his full, enlightening remarks here.)“We’ve seen Wall Street treat the markets as a game for decades – a game they always win, at the expense of pretty much everyone else. Wall Street has never been friendly to the little guy. Surely this time is no different. Yes, some regular people have had success. But fundamentally, the system is set up to funnel more wealth to the already-wealthy. Just like in Las Vegas, the House always wins.” By Pam Martens and Russ Martens

World:

Scandal at the Palace: British Monarchy Rocked byRrevelations in Television Interview The British monarchy has been dealt a devastating blow after an Oprah Winfrey interview with Meghan Markle and Prince Harry was aired on 7 March in the US. The revelations of racism, jealousy and a petty backstabbing culture give a glimpse into the rotten and decrepit institution, known by insiders as ‘the Firm’. Most of the British media establishment has thrown its weight behind the royal family, either by openly defending it or by slyly trying to question Harry and Meghan’s motivation for giving the interview. On social media, however, tens of thousands of young people, in particular, have been pouring scorn on the royal family, revealing the enormous chasm that divides ordinary people and the establishment By Alan Woods

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 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 

70% of US Supports Removing Vaccine Patents, Sharing Recipes Globally to ‘Bring This Pandemic to an End’ “This survey shows that the American public recognizes that Covid-19 will continue to threaten the lives and livelihoods of billions of people across the world, including in the U.S., until action is taken to drastically scale-up global vaccine supply.” — Joanne Lin, Amnesty International ” In the battle against Covid-19, we mu st always remember that Covid anywhere is Covid everywhere. We can’t end the pandemic or rebuild the economy without a vaccine that is free, fair, and available to all.”Kenny Stancil

COVID-19 Disaster Profiteering: COVID-19 Vaccines, Access and the Intellectual Property Wars By now, anybody speaking about vaccine equality and equity of access must surely be coming across as slightly deranged.  In the field of COVID-19, traditional proprietorial instincts remain.  Add to this the disparity in terms of manufacture, bureaucracy and the nasty flavour of politics, and we would all be entitled to long draughts of cynicism. The COVAX (COVID-19 Vaccines Global Access Facility) scheme, supposedly a levelling measure in ensuring global equitable and cheap access to vaccines, risks looking like a rhetorical bauble. Co-led by Gavi, the Coalition for Epidemic Preparedness and Innovations (CEPI) and the World Health Organization (WHO), these collaborators seek to “accelerate the development and manufacture of COVID-19 vaccines, and to guarantee fair and equitable access for every country in the world.”  The aim of the group is to supply 2 billion doses by the end of 2021.  Last month, the WTO reported that 130 countries, comprising 2.5 billion people, had yet to receive a single dose. By Binoy Kampmark