Daily News Digest May 2, 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:

The Intake Pipes in Lake Mead, Which Supply Water to Las Vegas, Are Now Above the Surface of the Lake.

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:

       What’s Causing the Inflation Crisis? Economist Michael Hudson Explains

Quotes of the Day:

Human industrial activity has impacted the world as severely as the asteroid which wiped out the dinosaurs. 70% of the mammals, fish, birds, plants, amphibians, reptiles, and around half of the insects annihilated. Greenhouse gas emissions and temperatures soaring faster than at perhaps any point in Earth’s history. Climate tipping points being crossed — like the melting of the Arctic – accelerating heating and stripping humanity of meaningful control over our future.       We are heading toward a world at least 4°C hotter this century. The effects will be catastrophic. Even 2°C – which we are set to burn through by 2050 — means billions without enough food and water, hundreds of millions of refugees, historic natural disasters virtually every year, war, disease. Without political and economic revolution we face a nightmare from which we cannot wake. Scientists know this, and we are starting to resist. — Scientists Rebellion:The Climate and Ecological Crisis

 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!

Today’s ‘Lesser Evil’ is Yesterdays ‘Greater Evil’!: What Far-Left? Asks AOC. ‘We Can’t Even Get Our Party to Import Cheaper Prescription Drugs from Canada’ The New York Democrat ridiculed a meme shared on Twitter by Elon Musk, the platform’s new owner and the world’s richest person. . . . Setting aside the fact that the Democratic Party as a whole has moved toward former President Ronald Reagan on many economic, carceral, and immigration policies since the late 1970s—resulting in more than four decades of bipartisan neoliberalism, which has only recently been challenged by a growing minority of progressive lawmakers—the Republican Party’s rightward shift, which has been intensifying for decades, is completely ignored by Musk.

Ukrainian War for Oil Markets: ‘This Is Robbery’: Chevron Profits Quadruple and Exxon’s Double Amid Ukraine Crisis  “Big Oil is intentionally profiteering off the war in Ukraine,” said one campaigner. “We need a Big Oil windfall profits tax.”

Evictions Are Climbing to Pre-Pandemic Levels in Cities Across the US  Data suggest more than a third of households nationwide worry about facing eviction in the next two months. Despite billions of dollars in federal rental assistance flowing to cities and states, the number of evictions sought by landlords is climbing back to pre-pandemic levels in cities across the country, as wage growth continues to lag behind inflation and millions of people struggle with the rising cost of basic necessities. An estimated 35 percent of respondents to the U.S. Census Bureau’s latest Household Pulse Survey said they are either “very” or “somewhat” likely to leave their home in the next two months due to an eviction. Only about 11 percent said they applied for and received rental assistance through federally funded programs typically administered by states and cities, which are charged with distributing around $46.5 billion in aid to landlords and tenants.      A larger Pulse survey found that nearly 25 percent of renter households are “slightly confident” or “not confident at all” in their ability to pay the next month’s rent.     Human Activity Altered 70 Percent of Earth’s Land, Degraded 40 Percent of It Humans have had an unprecedented impact on land – with vast consequences for climate change, food systems and biodiversity, a major new UN report concludes.     It says that human activities have already altered 70% of the Earth’s land surface, degrading up to 40% of it. Four of the nine “planetary boundaries” – limits on how humans can safely use Earth’s resources – have already been exceeded.     Food systems – a catch-all term to describe the way humans produce, process, transport and consume food – are the largest culprit when it comes to land degradation, the report says. They account for 80% of deforestation, 29% of greenhouse gas emissions and the leading share of biodiversity loss.

Environment —Ecosocialism or Ecocide!:

We’re on the Eve of Destruction:  The Ukraine War for Oil. Demonstrates The Capitalist Countries can not Collaborate!! 

UN Chief Slams Fossil Fuel Sector for Trying to Use Ukraine War to ‘Lock in a High Carbon Future’  “A shift to renewables is crucial to mending our broken global energy mix and offering hope to millions suffering climate impacts today,” said António Guterres. United Nations Secretary-General António Guterres on Saturday slam-med the fossil fuel industry for trying to use Russia’s war on Ukraine to boost polluters’ profits at the expense of the global climate and all life on Earth.     “Fossil fuel interests are now cynically using the war in Ukraine to try to lock in a high carbon future,” Guterres tweeted. “A shift to renewables is crucial to mending our broken global energy mix and offering hope to millions suffering climate impacts today.”

Parallel Threats of COVID-19, Climate Change, Require ‘Brave, Visionary and Collaborative Leadership’: UN Chief And against the backdrop of threatened lives, crippled businesses and damaged economies, the UN chief warned the Petersberg Climate Dialogue in Berlin that the Sustainable Development Goals (SDGs) are also under threat. “The highest cost is the cost of doing nothing”, he spelled out, underscoring the need to urgently “strengthen resilience and cut greenhouse gas emissions to limit global temperature rise to 1.5 degrees” above pre-industrial levels, to mitigate climate change. 

California Accuses ExxonMobil of Deceiving Public on Hazards Of Plastics Attorney general has launched an inquiry into fossil fuel companies’ role in causing global environmental crisis California’s attorney general has subpoenaed ExxonMobil as part of what he called a first-of-its-kind broader investigation into the petroleum industry for its alleged role in causing a global plastic pollution crisis, allegations that the company called meritless.  Attorney general Rob Bonta said on Thursday that the industry for decades . 

‘Relentless’ Destruction of Rainforest Continuing Despite Cop26 Pledge Tropics lost 11.1m hectares of tree cover in 2021, including forest critical to limiting global heating and biodiver Pristine rainforests were once again destroyed at a relentless rate in 2021, according to new figures, prompting concerns governments will not meet a Cop26 deal to halt and reverse deforestation by the end of the decade.

Study Warns Only ‘Rapid Action’ Can Prevent Worst Marine Extinction in 250 Million Years “Reversing greenhouse gas emissions trends would diminish extinction risks by more than 70%,” researchers found. Research published Thursday in the journal Science warns that runaway global warming driven by carbon dioxide emissions has put marine life at risk of the most catastrophic mass extinction since the “Great Dying” 250 million years ago, when 90% of all ocean species were wiped out.

Japan’s Toxic Dumping Faces Growing Protests The Japanese government’s decision one year ago to dump radioactive water from Fukushima Daiichi Nuclear Power Plant storage tanks into the Pacific Ocean, starting in the spring of 2023, is facing increasing pressure to back off, especially in light of the facts that not only is it illegal but also morally reprehensible as well as a despicable disregard for the lifeblood of the ocean.     Meanwhile, in a startling maneuver indicative of desperation to convince citizens of its true worthiness, the Japanese government is using mind control tactics reminiscent of Aldous Huxley’s Brave New World (Chatto & Windus, 1932), which depicts harmful effects that the expansion and development of a capitalist ideology can impose on a society. To wit: Japanese citizens are outraged over a new government policy of brainwashing children by distributing flyers to primary school students claiming TEPCO’s “diluted, nuclear-contaminated water is safe.

Civil Rights/Black Liberation:

Jorja Leap on the American Women and Children We All Conveniently Forget Jorja Leap on the American Women and Children We All Conveniently Forget  Jorja Leap has spent much of her career as an academic and professor at University of California, Los Angeles writing about men trapped in America’s obscene prison industrial complex.      Leap recently realized, however, she’d been overlooking another urgent issue that most Americans also neglect: the plight of women who have been incarcerated. In her latest book, “Entry Lessons: The Stories of Women Fighting for Their Place, Their Children, and Their Futures After Incarceration,” the sociologist and psychological anthropologist amplifies the voices of women and families who have suffered their country’s cruel crime policies.      In a large number of cases, these women are stuck in jail because they are unable to pay bail—in other words, because they are poor.

Labor:

Economy:

Inflation Charts: 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.

Has Globalisation Ended? Apart from inflation and war, what grips current economic thought is the apparent failure of what mainstream economics likes to call ‘globalisation’.       What mainstream economics means by globalisation is the expansion of trade and capital flows freely across borders.  In 2000, the IMF identified four basic aspects of globalisation: trade  and  transactionscapital and investment movements, migration and movement of people, and the dissemination of knowledge.  All these components apparently took off from the early 1980s as part of the ‘neoliberal’ reversal of previous national macro-management policies adopted by governments in the environment of the Bretton Woods world economic order (ie US hegemony).       Then the call was to break down tariff barriers, quotas and other trade restrictions and allow the multi-nationals to trade ‘freely’ and to switch their investments abroad to cheap labour areas to boost profitability.  This would lead to global expansion and harmonious development of the productive forces and resources of the world, it was claimed.

Another Raid of Deutsche Bank, Another Dead Whistleblower The Financial Times is reporting this morning that “Germany’s federal police office, criminal prosecutors and the country’s financial watchdog BaFin are raiding Deutsche Bank’s headquarters in Frankfurt” this morning, according to a statement from prosecutors. The raid comes just four days after the body of Valentin (Val) Broeksmit, 46, was discovered at about 7 a.m. Monday at Woodrow Wilson High School in El Sereno, just outside of Los Angeles. Val Broeksmit was the son of William Broeksmit who was found hanged in his London home on January 26, 2014. The senior Boreksmit was a senior executive at Deutsche Bank involved in assessing risk on the bank’s balance sheet. (See our report: Documents Emerge in Senate Hearing from William Broeksmit, Deutsche Exec Alleged to Have Hanged Himself in January.)

World: 

50 Years Since Burundi Genocide: The Endless Horror Of Western Imperialism Fifty years ago, on 29 April 1972, violence between Hutus and Tutsis broke out in Burundi. This was the latest round of ethnic conflict in the African Great Lakes region, and marked the beginning of a genocide of up to 300,000 people. Western imperialism bears direct responsibility for the horrors of the spring of 1972. They didn’t lift a finger to stop it, and in some cases, they actively supported it. Today, while western imperialists cry crocodile tears over Ukraine, they bury the history of the far greater abominations they perpetrated just 50 years ago.

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!  

The Dire Consequences of the US Neglecting the Ongoing Pandemic Someone in the United States dies of this largely preventable disease about every four minutes—equivalent to a deadly disaster on the scale of the 9/11 attacks every eight or nine days. “We are certainly right now in this country out of the pandemic phase,” Dr. Anthony Fauci, President Biden’s chief medical advisor, told the PBS Newshour this week. Not all experts agree. “With all due respect to Dr. Fauci. I think we are still very much in a pandemic in this country,” Dr. Jonathan Reiner of the George Washington School of Medicine told CNN. “Cases have risen in the United States over 60%. Currently there are 15,000 people hospitalized in the United States with COVID-19 and and that number has risen by almost 2000 people over the last couple of weeks…And because hospitalizations are rising, we will soon see deaths rising.”