Daily News Digest May 4, 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:

Mass Mobilizations Planned as Supreme Court Targets Roe v Wade

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:

India: Interviews With Radical Worker and Farmer Leader

 The Chris Hedges Report: Hip Hop, Censorship, and Palestinian Resistance

    Quotes of the Day:

Forefathers (Originalists) of the 1st American Counter-Revolution: Due to the revolutionary consciousness at that time, it became very clear that the States would not ratify the constitution, these ‘forefathers’ had to declared that the first act of congress would be the enactment of the Bill of Rights, in order to get the states to approved the constitution. (Rhode Island held out, until the actual deed was done.)     Never the less, the constitution was written to allow only white males of property to vote, legalized slavery, and stated that Black People were only 4/5 human.     As Noam Chomsky stated in his interview on American History and Democracy:     . . . If you go back to the record of the Constitutional Convention, which took place in 1787, almost immediately after the end of the war, you see that they are already moving in another direction. James Madison — who was the main framer, and one of the Founding Fathers who was most libertarian — makes it very clear that the new constitutional system must be designed so as to ensure that the government will, in his words, “protect the minority of the opulent against the majority” and bar the way to anything like agrarian reform. The determination was made that America could not allow functioning democracy, since people would use their political power to attack the wealth of the minority of the opulent. Therefore, Madison argues, the country should be placed in the hands of the wealthier set of men, as he put it. 

The Supreme Court is not the Court of last resort; the people are. — Attributed to Eugene V Debs.

 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!

We Need an International Antiwar Movement, Not a Cheerleading Squad for the Arms Industry A ceasefire between the warring parties, a Russian withdrawal, a halt to arms shipments, a negotiated peace and an end to NATO. This is what the international left should be organizing around in regards to the Russia-Ukraine war. It shouldn’t be calling for stepped up arms shipments to Ukraine’s military or defending Moscow’s invasion.Chris Hedges

Oliver Stone

Originalist Supreme Court Judge’s Draft: Critics Warn Alito Draft Threatens Much, Much More Than Abortion Rights Everything is on the table and clearly has been,” said one observer. “Marriage equality. Griswold. Loving. Don’t ever listen to anyone who tells you such fears are silly or overblown.” The draft opinion leaked from the U.S. Supreme Court Monday night portends future attacks not just on Americans’ right to obtain abortion care, said critics on Tuesday, but also on anyone whose rights the court’s right-wing majority does not view as “deeply rooted” in U.S. history.     In the opinion, Justice Samuel Alito cited a number of reasons for the majority’s objection to legal abortion—including a discredited theory that abortion care is a racist tool of eugenics and Alito’s incorrect belief that “the costs of medical care associated with pregnancy and childbirth are covered by insurance”—but central to his argument is the claim that Roe v. Wade protects a right that is “not deeply rooted in the nation’s history and traditions.”

Leaked Draft Opinion Shows Supreme Court Set to Strike Down Roe v. Wade “While abortion is still legal, tonight’s report makes clear that our deepest fears are coming true. We have reached a crisis moment for abortion access. We don’t have a moment to spare—we must act now.” A leaked draft opinion published Monday by Politico strongly suggests that the U.S. Supreme Court’s right-wing supermajority will soon strike down Roe v. Wade, the landmark 1973 ruling enshrining the constitutional right to abortion.

‘Time to Take to the Streets’: Mobilizations Planned as Supreme Court Targets Roe The push by conservative justices to overturn Roe v. Wade, said one abortion rights advocate, “is giving us an opportunity to show them how ungovernable we will be if they follow through.” While the decision outlined in the draft opinion—authored by Justice Samuel Alito—is not yet final, it would strike a devastating blow to reproductive rights in large swaths of the U.S. Experts at the Guttmacher Institute have estimated that if the landmark 1973 decision is overturned, 26 states are “certain or likely” to completely outlaw abortion.

Environment —Ecosocialism or Ecocide!:

Man is the Most Insane

Backgound Info: US West ‘Megadrought’ is Worst in at Least 1,200 Years, New Study Says Human-caused climate change significant driver of destructive conditions as even drier decades lie ahead, researchers say The American west has spent the last two decades in what scientists are now saying is the most extreme megadrought in at least 1,200 years. In a new study, published on Monday, researchers also noted that human-caused climate change is a significant driver of the destructive conditions and offered a grim prognosis: even drier decades lie ahead.

Drought-Starved Lake Mead Reveals a Decades-Old Barrel With a Body Inside Water levels at the Nevada reservoir have depleted to such a level that officials predict more grim finds in the future The drought-stricken lake’s level has dropped so much that a water intake became visible last week. The reservoir on the Colorado River behind Hoover Dam has become so depleted that Las Vegas is now pumping water from deeper within Lake Mead.

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

Civil Rights/Black Liberation:

Labor:

Economy:

It’s Not Looking Good for 2022 The US economy unexpectedly contracted by 0.4% in the first quarter of 2022, compared to the previous quarter, due in large part to a decline in inventories and exports. Consumer and business spending continued to grow however, suggesting that activity still has some momentum.

Shadow Government Statistics  Systemic Risk  The March 2022 meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) raised its targeted Federal Funds Rate by 0.25%, from a range of 0.00% to 0.25%, to 0.25% to 0.50%. Yet, the FOMC refrained from reducing its Balance Sheet, other than to indicate it expects that to begin “at a coming meeting.” The FOMC announced in the key paragraphs of its abbreviated January 26th Press Release:     “Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.     “The invasion of Ukraine by Russia is causing tremendous human and economic hardship. The implications for the U.S. economy are highly uncertain, but in the near term, the invasion and related events are likely to create additional upward pressure on inflation and weigh on economic activity.    “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent and anticipates that ongoing increases in the target range will be appropriate. In addition, the Committee expects to begin reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities at a coming meeting.”

Citigroup’s Role in “Flash Crash” in Europe Yesterday Is Reminiscent of Its “Dr. Evil” Trade in 2004 Yesterday the international newswire, Reuters, broke the story that the U.S. megabank, Citigroup, was responsible for a flash crash that plunged Sweden’s benchmark index, the OMX, by 8 percent at its low. The index later recovered to close with a loss of just under 2 percent. The plunge caused a rapid ripple effect that briefly spread to other European stock markets.

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!