Daily News Digest October 5, 2022
Images of the Day:
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:
True: Truth does not mind being questioned. a lie doesn’t like being challenged
Videos of the Day:
Jeremy Corbyn thanks the 10,000 people supporting Enough is Enough today
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
Florida —Puerto Rico
Presidents Should Avoid Disaster Areas I understand WHY it happens. It doesn’t happen because a president thinks a disaster area is a great place to campaign for re-election or for his party’s candidates. It happens because a president’s opponents will paint him as callous, uncaring, and out of touch if he doesn’t get on a plane and go through the motions of comforting the afflicted. But presidential visits to disaster areas don’t comfort the afflicted, they afflict the afflicted. How many planes full of urgently needed cargo and people will be delayed by the security measures around Air Force One’s arrival, presence, and departure?
Chomsky: Optimism of the Will And the Four Horsemen of the Apocalypse. . . . David Barsamian: What we are facing is often described as unprecedented — a pandemic, climate catastrophe and, always lurking off center stage, nuclear annihilation. Three of the four horsemen of the apocalypse. Noam Chomsky: I can add a fourth: the impending destruction of what remains of American democracy and the shift of the United States toward a deeply authoritarian, also proto-fascist, state, when the Republicans come back into office, which looks likely. So, that’s four horses.
Immigration: Who Benefits? Who Suffers? There are basically two responses to immigration: the racist response calls for closing borders, and the socialist response calls for workers to be as free to move through the world as the goods they produce. The socialist response to immigration is based on working-class solidarity: the belief that an injury to one is an injury to all and that the best way to raise our living standards is for all workers to stand together against the employer class. — Free to Move — Everything on Earth is in motion. Animals, birds, fish, insects, plants, viruses, all migrate. Air, water, and even the continents move. For hundreds of thousands of years, there were no human obstacles to migration, and people travelled freely from our origins in Africa to populate every corner of the globe. The freedom to travel ended
Environment: Ecosocialism or Ecocide!:
Burn Baby Burn!
As the World Burns: ‘Their Greed Knows No Bounds’: Analysis Shows Ongoing Price Gouging by Oil Giants“Big Oil is boasting record profits and dragging their feet to pass any lower costs onto consumers in order to keep padding investors’ pockets,” said Accountable.US. A government watchdog group on Monday published a new briefing analyzing fossil fuel corporations’ continued price gouging—even as crude oil prices fall to their lowest levels since January.
Global Warming Cauces the Increase on Wildfires! A Fool’s Errand: Trying to Influence Fire by Logging . . . “Proactive management protects Montana,” suggests Gianforte, who attributed the small size of these blazes to forest management, a euphemism for logging. The presumption that fuels are the cause of large fires is widespread and promoted by the timber industry and Forest Service — both of who have a direct financial incentive to enable logging. I can’t discount that past forest management may have influenced the Grizzly Gulch and Mt. Helena fires. However, I will note that the more likely explanation is climate/weather.
How This Solar Town Survived Hurricane Ian Shows the Promise of a Green Energy Future The Babcock Ranch community near Ft Meyers shows building a resilient and low-carbon America will save both money and lives. We need to start now. The media is all over the story that Governor DeSantis was notified that the danger threshold for evacuation was hit on Sunday, but he waited until Tuesday to order one (leaving a trail of dead bodies in his wake).
Civil Rights/ Black Liberarion:
Labor:
While Real, Afer Taxes, Wages Have, Acually, Fallen!: As Fed Pushes to ‘Get Wages Down,’ Study Shows CEO Pay Has Soared by 1,460% Since 1978 Ordinary workers, by contrast, saw their pay rise just 18.1% in the 43 years between 1978 and 2021, a new analysis finds. An analysis published Tuesday shows that the top executives of the largest corporations in the United States have seen their pay soar by nearly 1,500% over the past 43 years, helping to fuel a massive surge in inequality as workers’ wages lag.
Economy:
Credit Suisse and the Fed’s Plunge Protection Team At 6:53 a.m. this morning (ET), Dow futures were up 454 points. That followed the Dow Jones Industrial Average gaining 765 points yesterday. No one who has been a trader on Wall Street or a stock broker for multiple decades believes this rally is real. Wall Street veterans are thinking that either the Fed’s plunge protection team or the Treasury’s plunge protection team is behind the rally. Equally unbelievable, as the chart above indicates, is the fact that the major mega banks on Wall Street closed in the green yesterday. Many of these are counterparties to Credit Suisse derivatives and thus subject to the potential for contagion.
World:
After ‘Enough is Enough’Hundreds of Thousands March Across the UK: UK’s Truss Drops Tax Break for Wealthy, But Austerity Threat Remains Amid ‘Tory Class War’ The reversal follows 10 days of financial turmoil and pushback from within the Tory Party as well as from the left, which held massive anti-austerity protests.
The Treachery of the Labor Bureaucracy: How Britain’s Labour Party Became a Criminal Conspiracy Against Its Members For many years, former Labour leader Jeremy Corbyn’s supporters have claimed that he, and they, were targeted in a coordinated attack from the right of the party, comprising a majority of Labour MPs as well as senior party staff. The aim was to sabotage Corbyn’s chances of taking power. Those allegations were dismissed as a wild conspiracy theory by the British media. But the first independent verification came as early as April 2020, shortly after Corbyn stepped down as leader, with the leak of a cache of internal Labour Party documents. They showed that Labour bureaucrats, responsible to the party’s general secretary Iain McNicol rather than to Corbyn, plotted to bring about their leader’s downfall, even prioritizing his destruction over winning the closely fought 2017 general election. The impression that all was not quite how it seemed was further suggested by the absurd twists and turns in the logic of a report into Corbyn’s Labour Party published in late 2020 by the Equalities and Human Rights Commission (EHRC). That this politicized, establishment body had agreed to investigate a mainstream political party for racism, directly interfering in the democratic process, was itself unprecedented. Next, in July, a much-delayed report from an inquiry commissioned by Corbyn’s successor, Sir Keir Starmer, confirmed the contents of the leaked documents. Despite its careful wording and bogus even-handedness, the Forde Inquiry conceded that the Labour right had indeed waged a dirty factional war against Corbyn and the left of the party, weaponizing antisemitism to tar them.
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
