Daily News Digest November 16, 2021
Daily News Digest Archives
Images Of the Day:
COP26
Pro-independence Puerto Rican Demonstrators
Another Example Capitalism as a Failed System: World Capilalism Was Aware of the Danger of Cornovavirus Threat Over 5 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:
Breast Cancer Action’s “Knot Our Pink Ribbon” Campaign Demands Estée Lauder Stop the Betrayal For immediate release October 2, 2017 Contact: Kira Jones, Communications Officer(415) 243-9301 | [email protected]: San Francisco, California Today, Breast Cancer Action, respected watchdog organization of the breast cancer movement, launched their “Knot Our Pink Ribbon” campaign, calling out The Estée Lauder Companies’ pink ribbon betrayal on the 25th anniversary of their well-known pink breast cancer awareness ribbon.
Despite decades of studies resulting in a growing body of evidence definitively indicating there is a connection between environmental factors and breast cancer, Komen’s website dubiously classifies breast cancer and the environment as a risk factor “under study.” The limited information the organization does provide on breast cancer and the environment conveniently omits information on corporations contaminating our air, water, and bodies with chemicals linked to a range of diseases and disorders, including breast cancer. One obvious reason for this omission is that many of the corporations responsible for toxic environmental exposures are some of Susan G. Komen’s biggest co-conspirators. In the case of the Pink Ribbon Banking Program, the large donation pledged by Bank of America, a major fossil fuel funder, results in a conflict of interest whereby Komen cannot acknowledge or act on the link between fossil fuel exposures and breast cancer. — Pink Ribbon Banking Claims to Fight Cancer But Boosts Carcinogenic Fossil Fuels
Now we are in a situation where the GOP is not retreating from but demanding total allegiance to the Big Lie, laying the framework to overturn elections that don’t go their way while coordinating a brazen assault on voting rights so that elections are bound to go their way. Invoking and rehearsing the violent ethos of January 6th, fascist mobs send death threats to election officials and descend on school boards to ban books and oppose mask mandate. This is the stage upon which Rittenhouse is being tried, in the courtroom of a sympathetic judge whose cell phone ringtone is Trump’s campaign song. If Rittenhouse walks, it will give even more backing to the vigilante violence of the fascist base, further degrade the rule of law, and seriously threaten the right and ability to protest and dissent. To stop this, we must see it with our eyes wide open and recognize it for what it is, a virulent 21st century fascism that will not be restrained by the normal channels. — The Rittenhouse Trial and Two Sides in Contention: A Beautiful Rising or Rising Fascism
Videos of the Day:
Glasgow Pact Slammed for Betraying the Global Poor Who Suffer Most from the Climate Emergency
“Blackness Itself Is the Crime”: Rev. William Barber on Racism in the Ahmaud Arbery Murder Trial
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 ownershipof the Reublicrats, who profit from war and the war budget, voted 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. Tax the Rich! — They Can Afford To Pay!
The Arrogance of the 1%’s Government!: Most Millionaires Get Average Tax Cut of $16K a Year With SALT Cap Increase Anew analysis shows that conservative Democrats’ tax reform plan will give a large tax cut to a majority of the country’s millionaires — despite the conservatives’ insistence that the reconciliation bill cost the government as little revenue as possible. The analysis from the Tax Policy Center shows that about two-thirds of people making over $1 million a year would get a net tax cut from the reconciliation plan, with an average of about $16,800 in cuts. Just under 80 percent of people making between $500,000 and $1 million a year, meanwhile, will see a tax cut of around $8,500 per year.
The OAS as a Tool of United Staes Imperialism!: At General Assembly, OAS Role in Bolivia Coup Remains Major Concern As the Organization of American States (OAS) begins its 51st annual General Assembly today, one of the important disagreements that will certainly feature prominently is the OAS role in Bolivia in 2019. Like the September 18 summit of the Community of Latin American and Caribbean States (CELAC), the OAS General Assembly is sure to be marked by the polarized nature of international politics in the region, and the issue of Bolivia has already been at the center of heated discussions among ambassadors in OAS Permanent Council meetings. The current Bolivian government refuses to let the matter rest until it has obtained a full investigation into the OAS’s role in the coup that brought Jeanine Áñez to power two years ago.
GOP, Big Pharma Plotting to Convince Senate Parliamentarian to Help Kill Drug Price Reforms “It is not some radical idea to suggest that Americans should not have to die because we are the only major country that allows drug companies to raise prices to whatever they want, whenever they want,” said Sen. Bernie Sanders. The pharmaceutical industry and its allies in the Republican Party are reportedly teaming up to craft challenges to congressional Democrats’ drug price reform plan in the hopes of convincing the Senate parliamentarian—an unelected functionary—to help tank the proposal.
Environment:
The United States’ Crumbleing Infrastructure Due to Deferred Maintenance/Depraved Indifference!: Hundreds of Toxic Chemicals Are Coursing Through Our Tap Water, New Report Says Since 2019, more than 320 toxic substances have been detected in U.S. drinking water systems, according to a new analysis by the Environmental Working Group (EWG), a nonprofit environmental advocacy organization.Those harmful chemicals are linked to cancer, adverse birth and reproduction outcomes, impaired brain development, and a revolving door of other deleterious health impacts.
A Group of Seattle Moms Had Their Breast Milk Tested, And All of Them Had ‘Concerning’ Levels of Toxic ‘Forever Chemicals’ PFAS — human-made, potentially toxic “forever chemicals” — have been found in cosmetics, drinking water, and firefighting foam. They can also get into breast milk. A recent study detected significant levels of the chemicals in breast milk from 50 new mothers living in the Seattle area. The samples tested had PFAS levels that wouldn’t be safe for drinking water, and the study authors said the findings were “cause for concern.”
Civil Rights/Black Liberation:
The Rittenhouse Trial and Two Sides in Contention: A Beautiful Rising or Rising Fascism Kyle Rittenhouse is a fascist youth who joined an armed militia on a self-appointed patrol of a protest for Black lives. What is being fought out in his trial for murder is not self-defense as he so tearfully claims but the green-lighting of extra-legal fascist violence – for the “right” of armed white supremacists to surveil, harass, intimidate, assault, and yes, murder protesters in service of a whole fascist program. The two men whose lives he took, (a fact which is not under dispute), were his victims, and heroes who
Labor:
Economy:
Inflation: Corporate Monopoly Price Fixing/The Federal Reserve Bank
Reserve Printing Money: The Real Source of Inflation? Consolidated Corporate Power and Greed This structural problem is amenable to only one thing: the aggressive use of antitrust law. The Real Source of Inflation? Consolidated Corporate Power and Greed This structural problem is amenable to only one thing: the aggressive use of antitrust law.
Producer Price Index by Commodity: All Commodities
Shadow Government Statistics Money Supply Charts The Fed ceased publishing M-3, its broadest money supply measure, in March 2006. The SGS M-3 Continuation estimates current M-3 based on ongoing Fed reporting of M-3’s largest components (M-2, institutional money funds and partial large time deposits) and proprietary modeling of the balance. See the Money Supply Special Report for full definitions. In February 2021, the Fed redefined its narrowest M-1 Money Supply measure back to May 2020, to incorporate the bulk of Non M-1 M-2, with headline M-1 now covering 93% of total M-2, instead of the prior 28%. In order to preserve the information reflected in the most liquid measures of M-1, ShadowStats uses the Basic M-1 Money Supply in its charts and Table here. The original Money Supply measure, Basic M-1 is defined as Currency plus Demand Deposits (checking accounts). That circumstance is reviewed in pending ShadowStats Benchmark Commentary No. 1459. A fully updated Money Supply Special Report will follow. Please contact [email protected] for further details or any questions.
Changes in money supply have implications both for domestic economic activity and inflation, as discussed in the previously mentioned Money Supply Special Report.
A Second Female Lawyer Who Worked at JPMorgan Chase Says Fraud Is Condoned at the Bank The previous time a female lawyer who worked at JPMorgan Chase blew the whistle on frauds occurring inside the bank, the U.S. Department of Justice, along with other federal and state regulators, ended up charging the bank with selling toxic mortgage securities to investors and making JPMorgan Chase pay $13 billion to settle the charges. That female lawyer was Alayne Fleischmann, as Matt Taibbi detailed in a report for Rolling Stone in 2014. According to Fleischmann, who worked as a Transaction Manager at JPMorgan, her department was assigned with assuring that only good mortgage loans were securitized but, instead, under pressure from bosses, it waived in improperly underwritten mortgages that were likely to default. After failing to stop the fraudulent process with verbal warnings, Fleishmann memorialized the details in a long letter to a superior. She found herself dismissed in a round of layoffs.