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Daily News Digest October 12, 2022

Images of the Day:

Back to the Streets! — Say NO to U.S. wars! Join one of 50 antiwar actions between October 15th and October 23rdStop Washington’s war moves toward Russia and China
Stop endless wars: Iraq, Syria, Somalia, Palestine, everywhere
Join us in protest during the week of Oct 15 – 22.

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:

From, The Queen’s Death Star Depleted Uranium Measured in British Atmosphere from Battlefields in the Middle East, shows how depleted uranium spread worldwide after the “Shock & Awe” bombing during Gulf War II in Iraq: The Sunday Times Online, February 19, 2006, reported on a shocking scientific study authored by British scientists Dr. Chris Busby and Saoirse Morgan: “Did the use of Uranium weapons in Gulf War 2 result in contamination of Europe? Evidence from the measurements of the Atomic Weapons Establishment (AWE), Aldermaston, Berkshire, UK”. The highest levels of depleted uranium ever measured in the atmosphere in Britain, were transported on air currents from the Middle East and Central Asia; of special significance were those from the Tora Bora bombing in Afghanistan in 2001, and the “Shock & Awe” bombing during Gulf War II in Iraq in 2003. Out of concern for the public, the official British government air monitoring facility, known as the Atomic Weapons Establishment (AWE), at Aldermaston was established years ago, to measure radioactive emissions from British nuclear power plants and atomic weapons facilities. — There Are No ‘Safe Radiation’ Levels!

Videos of the Day:

Black & Indigenous Activists Call for 3 Latinx L.A. City Councilmembers to Resign over Racist Remarks

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

Biden’s Broken Promise to Avoid War with Russia May Kill Us All The irresolvable dilemma facing Western leaders is that this is a no-win situation. Only courageous peace talks can bring this terrifying conflict to an end. On March 11, 2022, President Biden reassured the American public and the world that the United States and its NATO allies were not at war with Russia. “We will not fight a war with Russia in Ukraine,” said Biden. “Direct conflict between NATO and Russia is World War III, something we must strive to prevent.” It is widely acknowledged that U.S. and NATO officers are now fully involved in Ukraine’s operational war planning, aided by a broad range of U.S. intelligence gathering and analysis to exploit Russia’s military vulnerabilities, while Ukrainian forces are armed with U.S. and NATO weapons and trained up to the standards of other NATO countries.

‘End the War on Journalism and Free Assange’: Thousands Demand Release of WikiLeaks Founder If they can silence Assange, they can silence anyone. “Julian is a journalist,” said Labour Party MP Jeremy Corbyn. “Journalism is not a crime. If he is extradited to the U.S.A., any other investigative journalist is at risk.” Supporters of WikiLeaks founder Julian Assange held a massive transatlantic protest on Saturday to demand freedom for the incarcerated journalist. In London, thousands of people formed a giant human chain around Britain’s parliament and called for Assange’s immediate release from the nearby maximum-security Belmarsh prison, where he has suffered for years under conditions that experts have condemned as torture.

US Is Overcome With Debt and Death. Let’s Fight Inequality to Stop This Crisis. It is not debt cancellation that the nation can’t afford — it is widening inequality that is too costly. In the United States, Hurricane Ian has caused some of the strongest storm surges in the history of Florida with the water rising as much as two feet along the state’s western coast.Today, nearly 40 percent of the country lives in poverty or is one $400 emergency away from economic ruin, and personal debt that now totals nearly $16 trillion is in no small part to blame. After all, canceling debt and putting more money into the pockets of everyday people who will spend it on things like food and household items is both moral policy making and good economics. So, when narratives about scarcity, affordability and deservingness are invoked to thwart the cancellation of debt, we should approach them with a healthy dose of skepticism. Over the last few weeks, politicians have been clamoring about scarcity, complaining that we can’t afford to cancel even a modest amount of debt and spending time and resources undoing the progress the administration made. But how can that be the case when the Pentagon has received increases in funding every year over the last decade (to a record $782 billion for 2022 — more than it even requested) and the Federal Reserve bailed out Wall Street in the early days of the pandemic for nearly as much as it would cost to cancel all student debt? Moreover, Biden’s student loan plan is small compared to other debt that has been canceled in the last five years with very little opposition, including $659 billion in Paycheck Protection Program loans that mostly went to wealthy business owners during the pandemic and $1.7 trillion in taxes owed by wealthy corporations under the 2017 Trump tax cuts. Scarcity itself is a myth, seeming only to exist as an insurmountable problem when the needs of the poor are under consideration.

Environment: Ecosocialism or Ecocide!:

It may not come as a surprise that the largest industrial military in the history of the world is also the single biggest polluter on the planet! — War On The World — Industrialized Militaries Are a Bigger Part of the Climate Emergency Than You Know

United in Climate Suffering, Divided in Climate Solutions There’s nothing like a climate crisis to make everyone realize that they are living on the same planet. Wars, even international conflicts, are generally confined to one region. Economic downturns are sometimes so confined within national borders that they don’t even affect neighbors: consider North Korea’s “arduous march” of the 1990s and its lack of impact on South Korea’s economy. It used to be that climate-related disasters followed the same rule, and people who lived in safe, temperate zones would look with a mixture of pity and compassion at those who were suffering through distant storms. Now, even though the impacts are different, almost everyone is seeing the consequences of this climate crisis. Even though it is not yet over, 2022 has been a record year of climate-related suffering. It comes on the heels of Hurricane Fiona, which devastated the Caribbean and Canada.

United in Climate Suffering, Divided in Climate Solutions There’s nothing like a climate crisis to make everyone realize that they are living on the same planet. Wars, even international conflicts, are generally confined to one region. Economic downturns are some-times so confined within national borders that they don’t even affect neighbors: consider North Korea’s “arduous march” of the 1990s and its lack of impact on South Korea’s economy. It used to be that climate-related disasters followed the same rule, and people who lived in safe, temperate zones would look with a mixture of pity and compassion at those who were suffering through distant storms. Now, even though the impacts are different, almost everyone is seeing the consequences of this climate crisis. Even though it is not yet over, 2022 has been a record year of climate-related suffering.

It comes on the heels of Hurricane Fiona, which devastated the Caribbean and Canada.

After the floods, Pakistan needs reparations, not charity At the time of writing, more than one-third of Pakistan is under water. Flash floods, generated by abnormal monsoon rains have so far claimed the lives of 1350 people. One million residential buildings are totally or partially damaged, leaving more than 50 million people displaced from their homes. Crucially, the flood is expected to add $10 billion worth of damage to an already teetering economy. More than 793,900 livestock have died, and families across Pakistan of a critical source of sustenance and livelihood. Around two million acres of crops and orchards have been impacted.

Civil Rights/ Black Liberarion:

Labor:

Rank and File Workers Say No to Labor Bureaucracy Management Partnership Brokered Deal!: A Huge Deal’: Major Rail Union Rejects White House-Brokered Contract Proposal Maintenance workers voted against the tentative agreement reached last month and said without a fair contract, a work stoppage could begin as early at November 19. A union representing railroad maintenance and construction workers on Monday announced that its members have rejected the tentative agreement reached last month between unions and rail carriers, putting pressure on the carriers to offer a better deal to workers in order to avoid a nationwide strike in the coming weeks.

Live Updates: Railroad Workers Rank-and-File Committee Announces Wednesday Public Meeting: “No More Delays! Organize The Rank-And-File to Fight for Strike Action!”

The Railroad Workers Rank-and-File Committee has announced its third public meeting for this Wednesday at 7pm EDT/6pm CDT, “No more delays! Organize the rank-and-file to fight for strike action!” To register for the event, click here. The vote by maintenance-of-way workers is a powerful expression of the will of the rank-and-file. Workers did not only reject a contract, but the entire pro-business labor framework which produced it. Workers are determined to launch a national strike to bring the carriers and their government backers to their knees. But the unilateral decision by the BMWED to extend the strike deadline until after Congress reconvenes raises the need for workers to organize to impose their will on the process and countermand the betrayals of the bureaucracy. For it to be maximally effective, a strike must take place as soon as possible, before the midterm elections. Any delay only plays into Congress’ hands and makes it easier for it to prepare anti-strike legislation.

Economy:

‘The Worst Is Yet to Come’: IMF Warns Severe Global Recession Is on the Horizon “Risks to the outlook remain unusually large and to the downside,” the IMF said in a new global outlook report. The International Monetary Fund on Tuesday became the latest prominent global institution to warn that the world economy is barreling toward a potentially devastating recession as central banks aggressively raise interest rates, Russia’s war in Ukraine rages, and pandemic-induced supply chain disruptions persist. In its new World Economic Outlook report, the IMF lowered its global growth forecast for next year in the face of myriad “steep challenges” and warned that “the worst is yet to come” for many countries as a strong U.S. dollar worsens debt burdens and costs-of-living crises in developing nations.

Michael Robersts Blog: The Bank’s latest Poverty and Shared Prosperity Report provides the first comprehensive look at the global landscape of poverty in the aftermath of the extraordinary series of shocks to the global economy over the past few years. It estimates that the pandemic pushed about 70 million people into extreme poverty in 2020, the largest one-year increase since global poverty monitoring began in 1990. As a result, an estimated 719 million people subsisted on less than $2.15 a day by The world is unlikely to meet the goal of ending extreme poverty by 2030 absent history-defying rates of economic growth over the remainder of this decade, according to a new World Bank study. The study finds that COVID-19 dealt the biggest setback to global poverty-reduction efforts since 1990 and the war in Ukraine threatens to make matters worse. The report indicates 2020 marked a historic turning point—when the era of global income convergence yielded to divergence. The poorest people bore the steepest costs of the pandemic: income losses averaged 4% for the poorest 40%, double the losses of the wealthiest 20% of the income distribution. Global inequality rose, as a result, for the first time in decades. The new report is the first to provide current and historical data on the new global extreme-poverty line, which has been adjusted upward to $2.15 a day to reflect the latest 2017 purchasing-power-parity data.

Nomi Prins’ New Book: “No One Wanted to Call the Fed’s QE a Ponzi Scheme. But It Was.” Wall Street veteran Nomi Prins’ new book is being released today with a title that should give every member of the Senate Banking and House Financial Services Committees pause: Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. The book does what neither of these Committees has done for the American people. It explains how the financial crash of 2008 unleashed an unbridled and unaccountable Fed as Wall Street’s permanent sugar daddy, distorting market functioning with its perpetual money spigot to the point that markets no longer function as a pricing mechanism or efficient allocator of capital but more along the lines of a Ponzi scheme for the rich. Prins writes: “The amount of money created to buy securities under its ‘no-limit’ policy over the course of just a few months was staggering. On June 18, 2020, the Fed reported that the size of its book had expanded to $7.1 trillion…It was also nearly double the level it had been one year earlier. It was 60% greater than it had been at the height of the post-financial-crisis period. All that newly manufactured money turbo-boosted the stock market. This trading frenzy among institutional investors and a growing group of retail investors led Wall Street banks to smash earnings records in the third quarter of 2020. This was in stark contrast to abysmal unemployment figures still weighing on Main Street. It was incongruent with the fact that during 2020 the number of US corporate bankruptcies hit their highest level since 2009, with 630 filings…” Global Index Shows Governments Unleashed ‘Inequality Explosion’ During Pandemic A new index shows 95% of world governments have failed to raise taxes on the rich and corporations while many countries slashed health and education spending during the Covid-19 crisis. Cuts to key social services combined with a failure to raise taxes on the wealthy and large corporations throughout the Covid-19 pandemic has unleashed a global “inequality explosion,” according to a new index published Tuesday.Produced by Oxfam and Development Finance International (DFI), The Commitment to Reducing Inequality Index 2022 finds that most governments are doing little to combat income and wealth inequities that have become even more extreme during the coronavirus crisis, which has disproportionately impacted poor nations.

World:

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