Daily Nes Digest June 5, 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:

Republicracts 

Number of U.S. Drone Strikes In Yemen From 2011 to April 2020

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:

The Chris Hedges Report: How to Defeat the Billionaire Class Seattle City Councilmember Kshama Sawant describes how her party has mobilized ordinary people to win victories in the war being waged on the working class and the poor—despite opposition from Democrats.

The Fall of Afghanistan: 20 Years of Imperialist Meddling

Quotes of the Day:

Cariol Horne: Well, she begged for the life of her daughter. And instead of killing her, he did put the hot gun that he had just killed other people with to her head. At some point, she’ll be able to tell you her story herself. So, yeah, I want to respect that she’s not ready to talk about it yet.     But at the same time, you know, this is racist terrorism. We have to call it what it is. We have to deal with the race issue. We have to deal with the hate issue. We have it in the police department also — racism and, as far as I’m concerned, terrorism — because we saw them — when I say “them,” I mean the Buffalo police — they arrested the racist terrorist with no problems whatsoever, but then you have Black men dying at the hands of the police, and they have no weapon at all.     But at the same time, you know, this is racist terrorism. We have to call it what it is. We have to deal with the race issue. We have to deal with the hate issue. We have it in the police department also — racism and, as far as I’m concerned, terrorism — because we saw them — when I say “them,” I mean the Buffalo police — they arrested the racist terrorist with no problems whatsoever, but then you have Black men dying at the hands of the police, and they have no weapon at all. —  “This Is Racist Terrorism”: Ex-Buffalo Cop Says Gun Violence & White Supremacy Must Both Be Addressed

 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!

Sanders Says Stop Busting People for Marijuana and Start ‘Prosecuting Crooks on Wall Street’ “Now is the time for Congress and the federal government to end the war on drugs and legalize marijuana nationwide,” said the Vermont senator.

Why Isn’t Wall Street in Jail? Financial crooks brought down the world’s economy — but the feds are doing more to protect them than to prosecute themMichael Roberts: Food, Famine and War If anything proves that famine and food insecurity are man-made rather than due to vagaries of nature and the weather, it is the current food crisis that is putting millions globally close to starvation.      The Russia-Ukraine war has highlighted the global food supply disaster but this was brewing well before the war. The food supply chain has been increasingly global.  The Great Recession of 2008-9 began to disrupt that chain, based as it was on multi-national food companies controlling the supply from farmers across the world.  These companies directed demand, generated the fertiliser supply and dominated much of the arable land.  When the Great Recession struck, they lost profits, and so cut back on investment and increased pressure on food producers in the ‘Global South’.     The cracks in these fundamentals of food supply were accompanied by rising oil prices, explosive demand for corn-based biofuels, high shipping costs, financial market speculation, low grain reserves, severe weather disruptions in some major grain producers, and an increased protectionist trade policies.  This was the food ‘climate’ in the long depression up to 2019, before the pandemic struck.

‘Slippery Slope… Just Got a Lot Steeper’: US to Send Ukraine Advanced Missiles as Russia Holds Nuke Drills Peace advocates fear the Biden administration’s high-tech arms shipments to Ukraine are increasing the likelihood of a full-scale conflict between the U.S. and Russia. Peace advocates warned Tuesday that the Biden administration’s newly unveiled decision to arm Ukraine with advanced missile systems further heightens the risk of a direct military conflict between the U.S. and Russia, which accused the White House of “adding fuel to the fire deliberately” as Moscow’s deadly invasion of its neighbor rages on.

Corporate Media Fail to Cover War in Yemen Due to US Support for Saudi Arabia News outlets in the United States give prime coverage to the war in Ukraine but mostly ignore the devastating war that the U.S. has supported since March 2015 between a Saudi-led coalition that includes the United Arab Emirates (UAE) and the Houthis in Yemen. As a result, most of the U.S. public is unaware of the war’s catastrophic impact on the Yemeni population: according to the United Nations, around 400,000 people have died and  

The Sepctre of Fascism is Due to the Currrent Economic Crisis of Capitalism and its Constant Attack Upon the Working Class Since 1948, and The Default/Treachnrous Roll of the Trade Union Bureaucracy The majority of the American people were opposed to both Biden and Trump. The Majority of the People are worse off since Obama’s austerity progam, during his stay in office.     Trump won because he filled a vacuum of leadership in opposition to the austerity program of the 1%’s United States. Hillary Clinton lost becuse she was a part of the austerity program.     Both the Republican and the Dencratic parties support austerity and cuts to society’s ‘safety net’, social security, public education. unemployment insurace, etc., that was won by the rise of the CIO during the 1930s and 40s.      Our wars have also come home through the “anti-terror” grants of the Department of Homeland Security (DHS), itself a war-on-terror creation, that have funded local law-enforcement purchases of armored vehicles and other gear. Such weaponizing programs have helped embolden police officers to see themselves as warriors and citizens like George Floyd as enemy combatants, which helps explain the increased use of force during police encounters in these years.     Additionally, in the last decade, this country’s wars have come home in the form of more mass shootings by white supremacist and anti-government types targeting minorities and people of color. Meanwhile, the DHS continued to focus disproportionately on the dangers of Islamist extremists, while overlooking the threat posed by far-right groups, despite their easy access to firearms and the reality that many of their members have military backgrounds. — Endless War as Forever Terrorism On the conflicts we can’t win and the suffering we don’t see.

Environment —Ecosocialism or Ecocied!:

Without ‘Radical Action,’ Warns OECD, Global Plastic Pollution Likely to Triple by 2060 “If we want a world that is free of plastic pollution,” says OECD Secretary-General Mathias Cormann, “we will need to take much more stringent and globally co-ordinated action.” A new report out Friday from the OECD warns that the amount of plastic waste worldwide is likely to nearly triple over the next four decades, leaving the world with a terrible fate by 2060 if “radical action” is not taken to curb the level of pollution.     The report—titled “Global Plastics Outlook: Policy Scenarios to 2060“—predicts that nearly two-thirds of the estimated plastic waste polluting the environment by 2060 will be come from short-lived and single-use products such as packaging, cheap toys, consumer goods, household items, and textiles.

Petroleum Wars in the Age of Climate Disaster: a Bridge Fuel Too Far Today, Europe is again at war, albeit a proxy war between Russia and the West after Russia crossed NATO’s red line by invading Ukraine or NATO crossed Russia’s redline after expanding to its borders depending on your allegiances. There may be a simpler explanation, however, that harkens back to the age of Standard Oil and the Nobel Brothers: the fight over the supply of petroleum and the control of imported energy to Europe. One thing for sure, Big Oil or indeed Big Gas is calling the shots, never mind the devastation in Ukraine where real people are dying and cities are being turned into rubble. Or that global warming is perilously increasing. Climate crisis? What climate crisis?

Civil Rights/Black Liberation: 

Roaming Charges: Tears of Rage, Tears of Grief Police lie. They lie as a matter of course. They lie incidentally. They lie strategically. They lie habitually. They lie when lives are on the line. They lie to protect their own skin. They lie to protect their buddies. They lie when they question you. They lie in affidavits and depositions. They lie on TV. They lie in court testimony. They lie to put you away. When the lies run out, they stop talking. They refuse to cooperate. 

Labor:

Shadow Government Statistics Alternate Unemployment Charts May 2022 ShadowStats Alternate Unemployment notched higher to 24.6% from 24.5%.         The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers. The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

Economy: 

Fertilizer Dependent Factory Farms:  Soaring Costs Squeeze Farmers’ Returns In North American Grain Belt Fertiliser, Diesel, Herbicides Bryan Perkins, whose family has farmed a patch of the Canadian prairie for more than a century, has never seen his costs rise like they have in recent months. The day-to-day cost of running his operation was already escalating quickly coming into 2022 amid rampant inflation and supply chain bottlenecks: fertiliser, diesel, electricity and freight were all marching higher. . . .  Perkins’s experience echoes that of many farmers in North America’s farming heartlands even as grain prices hit the highest levels in a decade. Russia’s invasion of Ukraine is threatening food shortages in import-dependent nations, but it is also increasing costs for growers based in big agricultural exporters. The primary challenge for US and Canadian farmers is the price of fertiliser. Soaring natural gas prices have pushed up the cost of nitrogen-based fertilisers such as ammonia, which jumped from about $700 a tonne in August to more than $1,600 in May. The price of potash, rich in potassium, has hit records above $1,100 a tonne as sanctions curtail supplies from Russia and Belarus, which together account for almost 40 per cent of global supply. “We’re in uncharted territory, in terms of fertiliser costs. At the farm level, we’re really at record levels,” said Tom Scott, vice-president for agribusiness consulting at S&P Global Commodity Insights. “Moving forward, this is going to be a challenge, especially if crop prices come down.”

Jamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’

  • Says Fed actions, war in Europe create unprecedented challenge

  • Still too soon to say how intense the storm will be, CEO says

Jamie Dimon warned investors to prepare for an economic “hurricane” as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia’s invasion of Ukraine.      “That hurricane is right out there down the road coming our way,” the JPMorgan Chase & Co. chief executive officer said at a conference sponsored by AllianceBernstein Holdings Wednesday. “We don’t know if it’s a minor one or Superstorm Sandy. You better brace yourself.

Senator Sherrod Brown Goes After 0-Count Felon Wells Fargo; Ignores 5-Count Felon JPMorgan Chase Wall Street On Parade was previously a big fan of Senator Sherrod Brown, the Chair of the Senate Banking Committee. Not so much anymore.     Brown supported the nutty nomination of Saule Omarova to head the Office of the Comptroller of the Currency (OCC), the regulator of national banks, while attempting to spin the naysayers as part of a smear campaign.     So far this year, the Senate Banking Committee has held hearings on tangential areas while ignoring the biggest threats to financial stability in the U.S.: the $200.18 trillion in notional derivatives (face amount) concentrated at just five Wall Street megabanks (JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America). 

Redditors Are Furious at the SEC’s New Ad Campaign Portraying them as Idiot Investors Redditors at the subreddit Superstonk are posting obscenities directed at Gary Gensler, Chair of the Securities and Exchange Commission (SEC), over the new ad campaign from the SEC that appears to target young Reddit investors as fools that do no research before investing, lose all their money, and deserve a whipped-cream pie in the face. (Yes, a young investor actually gets a whipped-cream pie in the face during two of the ads. See videos below.) CNBC ran one of the new SEC ads yesterday.

World: 

‘Sucking Up to Murderers’: Biden Plans to Visit Saudi Arabia in Push for Oil “It makes no sense to strengthen Saudi Arabia’s oil dictator in order to stop Russia’s oil dictator,” said one critic. “The planet is on fire, and Biden is about to reestablish relations with one of the key arsonists.”

Education, Health, 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 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 Heslthcare!