Daily News Digest April 14, 2022

Daily News Digest Archives

Humanity Will Not be Covid Free, Until the Vaccines, Like the Salk Polio Vaccine, are Free For the Whole World

Images of the Day:

Mike Luckovich: Squirrel!

Another Example Capitalism as a Failed System: World Capilalism Ws 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”, is Still True for Today’s World!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!

Videos of the Day:

Quotes of the Day:

 Corona Virus/Pandemic Capitalism: Fron the beginning of the pandemic, the capitlaists and their politicians, have used the pandemic as an  opportunity for windfall profits!.:

The The Iron Heel!  in the Black Community Now. Sonner or Later it Will Come for All!:  President Joe Biden supports more police finds and opposes the Black Lives Matter movement’s demands for radical change. It’s also why “no-knock” warrants can still be used because of loopholes in city and state ordinances.     The bottom line for African Americans, in particular, is: breathing, walking, driving and even sleeping on a couch can get you shot and killed by a “reasonable” cop.      (I, personally, have a simple policy: never call a police officer for help or to report even a minor accident. It is easier to go to the police station later and file an incident report.) — United States: No Charge for Cop Who Killed Amir Lock

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 th poor and gives to the Rich. Taxthe Rich!  — They Can Afford to Pay! 

Glenn Greenwald: The Censorship Campaign Against Western Criticism of NATO’s Ukraine Policy Is Extreme Preventing populations from asking who benefits from a protracted proxy war, and who pays the price, is paramount. A closed propaganda system achieves that.    If one wishes to be exposed to news, information or perspective that contravenes the prevailing US/NATO view on the war in Ukraine, a rigorous search is required. And there is no guarantee that search will succeed. That is because the state/corporate censorship regime that has been imposed in the West with regard to this war is stunningly aggressive, rapid and comprehensive.

‘Stripped for Parts’: On the Hedge Fund Destroying US Journalism Alden, the nation’s second-largest newspaper owner by circulation, is a major threat to the existence of good, strong, and enduring local journalism in America. The hedge fund Alden Global Capital is notorious for plundering newspapers, relentlessly creating “news deserts” and “ghost papers.” The news is disturbing to anyone who cares about journalism. Indeed, most journalists agree that Alden, the nation’s second-largest newspaper owner by circulation, is a major threat to the existence of good, strong, and enduring local journalism in America.

Nonstop Corporate News on Ukraine Is Fueling Support for Unchecked US Militarism  The shock of war has been increasingly transformed into a cinematic spectacle used to fan the flames of militarism. The drums of fascism are beating louder. The catastrophe of war and outpouring of support for the millions of Ukrainians suffering under the brutal attacks by Russia has morphed into increased warmongering from the West. The shock of war has been transformed into a cinematic spectacle used to fan the flames of militarism. The sheer boldness, violence and ruthlessness of Russia’s attack on Ukraine has created a global political crisis accentuated by both a crisis of ideas and a crisis of historical reckoning, at least in the Western mainstream media.     The wider public’s inability to reflect on the underlying causes of the war is due at least in the United States to its long-standing dominant belief in its own exceptionalism, reinforced by a moral righteousness endlessly reproduced in the mainstream media.

Why Not Joint War Crimes Trials? The U.S. mainstream media is calling for the criminal prosecution of Russian president Vladimir Putin, as well as Russian military personnel, for war crimes committed as part of Russia’s invasion of Ukraine.     There is nothing wrong with that. When government officials or military personnel engage in war crimes, they should be prosecuted.     What’s weird though is that you don’t read any calls in the U.S. mainstream press for criminal prosecutions of U.S. officials and U.S. military personnel for war crimes committed with respect to the U.S. invasions and long-term occupations of Afghanistan and Iraq, including the bombings of many wedding parties in which brides, grooms, bridal assistants, parents, brothers, sisters, relatives, and friends were killed or maimed.

Warren & Chu Call Out IRS Auditors for Targeting Households Making $25K or Less Households with incomes below $25,000 are five times more likely to be audited than everyone else. In a letter sent to the Internal Revenue Service (IRS) and Treasury Department on Tuesday, Sen. Elizabeth Warren (D-Massachusetts) and Rep. Judy Chu (D-California) demanded that the agency explain why audits of low-income taxpayers have doubled over the past year.     The letter, addressed to IRS Commissioner Chuck Rettig and Treasury Secretary Janet Yellen, points out that IRS audits of low-income earners doubled in fiscal year 2021 and that the practice of disproportionately auditing this group goes against President Joe Biden’s pledge to not increase tax scrutiny of people making less than $400,000 in income.

Environment —Ecosocialism or Ecocide!:

In the past 30 years, many laws have been written incorporating some of these concepts. Yet despite these laws, environmental destruction has been allowed to proceed because these regulations have always been compromised by the incorporation of the concept of economic feasibility.     ‘Economic feasibility’ means that the profitability of an economic enterprise cannot be subordinated to environmental needs. Therefore, environmental and safety laws, under capitalism, have always been a compromise between science and business.     In fact, environmental destruction, pestilence, and death are factored into production the same as casualties of war are factored into military battles. —Whither Humanity? The Environmental Crisis of Capitalism We Don’t Need a Green New Deal! — We Need a Green Industrial Revolution! 

Harmful Chemicals Found in Toys and Canned Food at US Discount Stores An alarming number of products purchased at US dollar stores, including many children’s toys, contain harmful chemicals, according to a report released today. An alarming number of products purchased at US dollar stores, including many children’s toys, contain harmful chemicals, according to a report released today.

Civil Rights/Black Liberation:

Book Review: Racism Not Race Answers to Frequently Asked Questions The science is clear. Common categories like ‘Black,’ ‘white,’ and ‘Asian’ do not health, wealth, and other life outcomes is racism, not race. Using an accessible question-and-answer format, the authors dismantle the malignant myth of gene-based racial differences, showing that antiracist principles are both just and backed by sound science.represent genetic differences among groups. The true source of inequities in billions of dollars from a panoply of Fed bailout programs. One of those bailout programs was the Fed’s Money Market Mutual Fund Liquidity Facility (MMLF) which bought paper residing in the money market funds of large Wall Street firms that no one else on the street wanted to buy – or at least at a price that would prevent staggering losses for the funds, which are supposed to trade at a stable $1 per share price.

Labor:

Economy:

Shadow Government Statistics Consumer Price Index Has Been Reconfigured Since Early-1980s So As to Understate Inflation versus Common Experience

  • CPI no longer measures the cost of maintaining a constant standard of living.
  • CPI no longer measures full inflation for out-of-pocket expenditures.
  • With the misused cover of academic theory, politicians forced significant underreporting of official inflation, so as to cut annual cost-of-living adjustments to Social Security, etc.
  • Politicians look to expand further the concept of artificially-suppressed cost-of-living adjustments in current budget-deficit negotiations, through the use of the Chained-CPI (see Special C-CPI Supplement at end of this document).
  • Use of the CPI to adjust retirement benefits, private income or to set investment goals impairs the ability of retirees, income earners and investors to stay ahead of inflation.
  • Understated inflation used in estimating inflation-adjusted growth has created the illusion of recovery in reported GDP.The World

Trade Organisation (WTO) has now cut its global trade growth forecast to 3% for this year as Ukraine war disrupts global trade.  The Geneva-based body revised predicted growth in goods trade volumes down from 4.7 per cent, but said a protracted conflict and an embargo on Russian energy supplies could reduce it to 0.5 per cent. The WTO also cut forecasts for real GDP growth from 4.1 per cent to 2.8 per cent in 2022, rising to 3.2 per cent in 2023. This is near a recession level. — Michael Roberts Blog, Re: Russia-Ukraine Conflict Puts Fragile Global Trade Recovery at Risk

Here’s a List of Toxic Assets that Blew Up in Money Market Funds at Goldman Sachs, JPMorgan, Morgan Stanley and Others that the Fed Bailed Out On March 31, the Federal Reserve finally released a trove of secret transaction data revealing which Wall Street trading houses had to borrow hundreds of billions of dollars from a panoply of Fed bailout programs. One of those bailout programs was the Fed’s Money Market Mutual Fund Liquidity Facility (MMLF) which bought paper residing in the money market funds of large Wall Street firms that no one else on the street wanted to buy – or at least at a price that would prevent staggering losses for the funds, which are supposed to trade at a stable $1 per share price.

World: 

NATO Lies Exposed! Former Agent Speaks Out! Note from the editorial board: Today we are reproducing a pair of very important articles that blow sky high all the lying western propaganda that has surrounded the war in Ukraine from day one up to the present. The author of these remarkable documents is not a Marxist. Far from it. He is Jacques Baud, a former colonel in the Swiss army and ex-member of the Swiss Strategic Intelligence Service. He also worked for NATO, during and after the 2014 Ukraine crisis, following which he participated in programmes related to Ukraine.

 Rich Nations, Big Pharma Still Blocking ‘Early Exit’ From Pandemic: Experts “They have put the lives of millions of people at risk by perpetuating vaccine inequality,” reads a new letter. In a scathing letter on Wednesday, more than 300 public health experts, academics, labor leaders, and activists accused rich countries of denying the world an “early exit” from the coronavirus pandemic by continuing to stonewall efforts to expand vaccine production and distribution in low-income nations.

Health, Education. and Wealfare:

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!