Daily News Digest September 16, 2022
Images of the Day:
Latuff 
s the Bodies Start Stacking Up From Climate Change-Related Disasters, Will These Monsters be Held to Account? 
Capitalism as a Failed System: World Capilalism Has Been Aware of the Comming Catastrophe of Global Warming Over 5 Decades 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 very future of Humanity Is Now At stake!
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 of the Day:
Malcolm X: Who Taught You to Hate Yourself?: Who taught you to hate the texture of your hair? Who taught you to hate the color of your skin? To such extent you bleach, to get like the white man. Who taught you to hate the shape of your nose and the shape of your lips? Who taught you to hate yourself from the top of your head to the soles of your feet? Who taught you to hate your own kind? Who taught you to hate the race that you belong to so much so that you don’t want to be around each other? No… Before you come asking Mr. Muhammad does he teach hate, you should ask yourself who taught you to hate being what God made you.
Videos of the Day:
The Chris Hedges Report: Nathaniel Philbrick on How George Armstrong Custer Became a Martyr Used to Justify Genocide and US Imperialism Custer became in death a martyr to the American empire. He was in popular mythology the last to die in the battle, a symbol of martial valor, although there is scant evidence for this assertion.
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 the poor and gives to the Rich. Rax the Rich! — They Can Afford To Pay!
We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.” ― Louis Brandeis
My Forefathers and The 1%’s Forefathers
2020 Preface:
I first wrote this essay after I watched nominees for the Supreme Court, state that they interpreted the conconsitution, based upon the i ntent ff the ‘forefathers’, who framed this constitution! I realized that I identified with my ‘forefathers’, who led and/or fought adainst the king of England and rhe feudal system he represented. The final battle cry to organize the masses for a successful insurrection was the Declaration of Independence. The opening lines of this declaration are/were: When, in the course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the laws of nature and of nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation. I realized that the current majority of the surpreme court indentified with the ‘forefathers’ who wrote the constituion! That the Constitution codified a counterrevolution opposed to the ideals of the Declaration of Independence and the instution of wealth white male minority rule! And so. I wrote My Forefathers and The 1%’s Forefathers
America’s Immigration Death Machine There is one thing that everyone, especially people who go to church every Sunday, needs to understand: Deaths of innocent people are an integral part of America’s immigration-control system. They go together like thunder and lightning. Being shocked over the deaths of those immigrants is like being shocked when thunder follows lightning. Here is the discomforting fact, especially for everyone who goes to church every Sunday: Everyone who favors America’s system of immigration controls is favoring a system that comes with a massive amount of deaths of innocent people
Environment: Ecosocialism or Ecocide!:
‘That’s Fraud’: Explosive Docs Reveal Depth of Climate Lies by Big Oil Ahead of House Hearing “Big Oil executives are laughing at the people trying to protect our planet while they knowingly work to destroy it,” damage.said Rep. Ro Khanna. Ahead of a Thursday House Oversight Committee hearing on Big Oil’s central role in driving global climate chaos, congressional Democrats unveiled internal documents spotlighting the extent to which fossil fuel giants such as Chevron, Exxon, and Shell have worked to mislead the public about their contributions to the climate crisis and efforts to mitigate environmental damage.
Private Equity Still Investing Billions in Dirty Energy Despite Pledge yo Clean Up Carlyle, Warburg Pincus and KKR are the worst offenders according to a new scorecard of private equity climate risks Private equity firms pumping billions of dollars into dirty energy projects are exposing investors, including pensioners, to unknown financial risks as the planet burns and governments face escalating pressure to act, new research finds.
Expert Groups Resign in Protest Over ‘Crass Greenwashing’ of EU Climate Panel “The E.U. Taxonomy was supposed to be a tool to fight greenwashing,” said one of the NGOs. “Instead, it’s become a dangerous tool to greenwash.” Five civil society organizations serving on a European Union advisory panel charged with providing expert guidance on the bloc’s green energy transition have resigned in protest, citing political interference and a refusal by the European Commission to accept their advice on a range of issues, including limitations on gas and nuclear power.
Civil Rights/ Black Liberarion:
Louisiana Woman Carrying Unviable Fetus Forced to Travel to New York for Abortion Nancy Davis suffered ‘unspeakable pain’ due to poorly worded law that meant hospital in home state refused to terminate pregnancy An expectant Louisiana woman who was carrying a skull-less fetus that would die within a short time from birth ultimately traveled about 1,400 miles to New York City to terminate her pregnancy after her local hospital denied her an abortion amid uncertainty over the procedure’s legality.
Afropessimism Forces Us to Rethink Our Most Basic Assumptions About Society In the 21st century, what does it mean to be Black in the world? Most of us are familiar with the joyous Black aesthetic expression: “Black is beautiful.” Perhaps you’re also familiar with the radical, revolutionary declaration, “I’m Black and I’m proud!” Indeed, it was in 1969 that the “Godfather of Soul,” James Brown, told us to “Say it Loud.” And everyone around the globe knows about the momentum of the Black Lives Matter Movement (BLM) that emerged as Black people collectively took to the streets protesting systemic racism and police brutality waged against them. Like the civil rights movement, BLM is undergirded by a theme of hope and redemption, which brings back memories of Bob Marley’s “Redemption Song,” released in 1980. But even as many in our communities and our movements continue to be buoyed by these joyous expressions of hope and pride, some Black philosophers are also striving to articulate the bleakest aspects of Black experience as shaped by life in a society where Blackness is unrelentingly cast as a site of the “nonhuman,” and there is no redemption for Black people. In the past, I have assumed that the opposite of being racially Black is to be racially white, but Afropessimists like Frank B. Wilderson III challenge us to face the ways in which dominant white society insists that the opposite of being racially Black is actually to be human.
Margaret Kimberley, Black Ajemd Report Executive Editor and Senior Columnist Decolonizing the Mind The word decolonization should not be treated as trendy slang. It describes an important political and psychological process. Media and state attempts at indoctrination show just how important it is. It is vital to free ourselves from belief in the systems of white supremacy and imperialism that are inculcated in the educational system and are affirmed and amplified by the media and establishment opinion. The recent death of Queen Elizabeth II puts the need for political and psychological liberation in high relief. We are encouraged to admire an anachronistic monarchy, and are exhorted to join in mourning an individual and a system that have caused great harm to Black and other oppressed people around the world. It is important to point out that British prime ministers are heads of government while the monarch is head of state. Elizabeth bore responsibility for every UK government action during her 70-year long reign. The concentration camps and torture in Kenya during the independence struggle were her responsibility. So was the U.S. backed decision to undermine the commonwealth nation of Australia, and dispatch Gough Whitlam , the elected prime minister, who strayed too far from the imperialist consensus. The Windrush scandal which deprived Caribbean immigrants of their rights happened under her reign, as did Britain’s invasion of Iraq and support for the destruction of Libya.
Latin Americans Reject Resource Plundering by Same NATO Countries Fueling Military Conflict in Ukraine Liberals in the U.S. may be confused, but the Latin America left are clear that the NATO alliance is their adversary and that its actions must be opposed everywhere in the world. The following article was originally published in Covert Action Magazine . it is a slightly expanded version of a talk given by Camila Escalante to an online forum of the International Manifesto Group on August 7, 2022. The topic of the forum was ‘The conflict over Ukraine: Where should the left stand? . On August 6 we celebrated 197 years of independence here in Bolivia. We listened intently to the speech by President Luis Arce delivered in Sucre, the capital city in Bolivia’s Chiquisaca department. Among other issues, he spoke about the current military conflict in Ukraine and the need for peace in today’s world. President Arce said there cannot be peace in the world so long as there is continued foreign military intervention and economic blockades and sanctions, so very painful to humanity. He went on to say that Bolivians are placing much attention on the conflict taking place in Ukraine. He cautioned against the propaganda being generated in Western countries about all of the harm and violence that people are suffering as a consequence of this conflict..
Labor:
Social Justice — The Next Step — Independent Workers’ Political Action!: Justice for Teachers: The Strike That Started the Red Wave As a result of the success by teacher unions in advancing social justice in their bargaining, unions outside of education have also begun to embrace the strategy. Ten years ago, Chicago teachers modeled what a militant fight for public education looks like by walking off the job. A decade later, the legacy of social justice unionism.
Tentative Deal Between Unions, Rail Carriers Reportedly Includes Sick Time Win for Workers “It’s definitely premature to be hailing Biden as an economy-saving dealmaker,” argued one labor reporter. “Workers haven’t even been walked through the particulars yet, let alone determined whether they’re willing to accept it.”
Economy:
Michael Roberts: The Closing Scissors and Profits Global corporate profits growth is heading south, according to analysis by JP Morgan economists. JP Morgan estimates that, after surging a humungous 89% (4q moving ave) in 2021, global corporate profits moderated to a still-solid 24% in the year ending in 2Q22. And they reckon that “on net, the level of profits is 17% above its pre-pandemic trend, but still making up for lost earnings through the pandemic.” However, JP Morgan expects “slowing in profit growth in the coming quarters as inflation cools while labor markets remain tight. Additional pressure is coming from rising corporate borrowing rates as central banks press on with the steepest tightening cycle in decades.” The scissors of a future slump (falling profits and rising interest rates) are beginning to close. During the post-pandemic recovery, corporate profit margins (that’s the difference between revenues and costs per unit of production) reached multi-decade highs as the surge in inflation boosted corporate pricing power while wages languished. But things are changing in 2022. Profit margins are sliding down as costs of production rise and revenue growth slows.
Shadow Government Staitistics Daily Update September 14th to 15th
· Depressed by temporarily weaker gasoline prices, unadjusted annual PPI was 8.72% in August, down from 9.85% in July, with historical Finished Goods Inflation slowing to 12.72%, from 15.41% in July. Headline, unadjusted annual CPI-U was 8.3% in August 2022, versus 8.5% in July; ShadowStats Alternate was 16.5% in August, versus 16.8% in July, again with a continued hit from declining gasoline prices. Yet, August Real Disposable Income continued to sink year-to-year, hitting a cycle trough, down by 5.2% (-5.2%) for all employees.
· Headline annual Poverty Survey and Income reporting showed continuing deterioration, although such was not statistically meaningful, given the government’s use of understated headline inflation.
· Previously – July 2022 Trade Deficit Narrowed on top of revised, deepened deficits in recent months. August 2022 Headline Unemployment jumped 0.2%, to 3.7%, as the prior month’s July 2022
· Pandemic “Recovery” in Payroll Employment disappeared, purportedly shifting now to August 2022, amidst regular BLS seasonal-adjustment reporting gimmicks.
· Preliminary August 2022 Monetary Base gained in the month, reflecting Increasing Bank Reserves, held by Federal Reserve Banks, more than offsetting an unusual, albeit minimal, monthly drop in Currency in Circulation. July 2022
· Money Supply continued to increase, showing no noticeable slackening suggestive of pending Inflation relief. — No. 1461 should post in the next week or so, but its posting will be pre-announced here first (Subscribers please see the note in the later Pending Commentary Section. The next major release is the August 2022 PPI on September 15th.
JPMorgan Chase, Morgan Stanley and Wells Fargo Flunk a Test Measuring their Support for American Democracy The nonpartisan watchdog group, Accountable.US, has released the results of an investigation into how committed to democracy the 100 largest corporations in America are. The corporations were graded on support for voting rights, the electoral process, and American democracy. The results were provided in an interactive resource called the American Democracy Scorecard.
World
Britain: Anti-Monarchy Activists Arrested – Defend the Right to Protest! The last week has seen a spate of arrests against anti-monarchy protestors, as the establishment cynically utilises the Queen’s death to silence the left. But no amount of repression can hold back the rising tide of class struggle. Last Sunday in Edinburgh, for example, at a ceremony for the accession of King Charles III, a young woman involved with Revolutionary Students and other student activist groups at Edinburgh University was arrested for holding up a placard that said ‘abolish the monarchy’. Police argued that this constituted a ‘breach of the peace’ – the same charge given to a man who was later arrested in Edinburgh for heckling Prince Andrew as he passed. Similarly, Socialist Appeal comrades running a street stall in Nottingham on Sunday were instructed by police not to use anti-monarchy slogans. Officers told the comrades that these could ‘cause offence’ and constitute a breach of the peace. This was despite the comrades and their stall receiving a positive reception from local members of the public.
Education, Health, Science, 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 Healthcare
Fridays for the Future
Join us for the Global Climate Strike as we demand policymakers and world leaders to prioritize People Not Profit! We demand that our Governments listen to MAPA voices and immediately work to provide Loss & Damage Finance to the communities most affected by the climate crisis.
On September 23rd, We Will Strike for Climate Reparations!
Climate Reparations
Not as charity, but as a transformative justice process in which political power will return to the people. This should not be in the form of loans, but a follow through on the demands from Indigenous, black, anti-patriarchal and diverse marginalized communities to get their lands back, giving resources to the most affected communities by the climate crisis for adaptation, loss and damages – a redistribution (and in most cases, collectivization) of wealth, technology, information, care work, and political power both from the north to the south, and from top to bottom.
The Problem
Climate struggle is class struggle, for years, the ruling class, primarily through corporations and governments from the Global North dominated by affluent, white, heterosexual cis-males, have exercised their power, gained through colonialism, capitalism, patriarchy, white supremacy and exploitation, to destroy the earth and its occupants with no remorse. They deliberately sacrifice the Global South’s ecosystems and peoples for the sake of their so-called “development” and everlasting “economic growth”. Meanwhile, the working class is used as tools to build the very system that is destroying them.
What We Must Do
Colonizers and capitalists are at the core of every system of oppression that has caused the climate crisis, and decolonization, using the tool of climate reparations, is the best kind of climate action. The richest capitalist 1%,must be held responsible for their actions and willful ignorance. Their profit is our death. Their profit is our suffering. Together with different sectors of society across the world, led by the most marginalized, let’s bring back the power to the people whose power has been stolen. Together, let’s build a system and home where we prioritize #PeopleNotProfit.
Find a strike in your area or organize one and use the profile picture frame on social media to spread the word!
ON SEPTEMBER 23RD, WE WILL STRIKE FOR CLIMATE REPARATIONS AND JUSTICE!
Join us for the Global Climate Strike as we demand policymakers and world leaders to prioritize PeopleNotProfit! We demand that our Governments listen to MAPA voices and immediately work to provide Loss & Damage Finance to the communities most affected by the climate crisis. (View the Map)