Daily News Digest October 21, 20222
Capitalism is Now a Threst to Humanity’s ‘Unalienable Rights for Life, Liberty, and Putsuit of Happines’!
Scientists Rebellion: Unite Against Climate FailureThe first internationally agreed climate target is lost. There is no plausible pathway to stay below 1.5°C. This would require global emissions to peak before 2025 and be reduced by 43% by 2030. Even that would likely lead to 1.5°C being exceeded within the next ten years. The most optimistic scenario reported by the IPCC rests on the hypothetical deployment of large-scale carbon dioxide removal technologies to drag temperatures back down by the end of the century. Continuing to say publicly 1.5°C is still alive is no longer defensible, yet politicians, leading academics and the environmental movement persist in doing so. In response, polluting industries and policymakers are inadvertently being encouraged to resist rapid decarbonization. It is our responsibility to state the physical and ecological reality vs. political fiction to society. There is the very real possibility of global cataclysm, and we demand that those in power act accordingly!
Images of the Day:
Crumbleing Infrastructure: Potholes!
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:
Labour MP Jeremy Corbyn argued that “the debacle of Liz Truss’ short-lived premiership is a symptom of a broken economic system and a trashed democracy.” “We will continue to lurch from crisis to crisis—and ordinary people will pay the price—until we finally build a society for the many, not the few,” Corbyn added. — ‘Most Disastrous PM in Our History’: UK Prime Minister Liz Truss Resigns
Videos of the Day:
Ralph Nader: Medicare Advantage is a Scam!
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
Back to the Streets! — Say NO to U.S. wars! Join one of 50 antiwar actions between October 15th and October 23rd Stop 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.
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 Denocratic parties support austerity and cuts to society’s ‘safetynet’, social security, public education. unemployment insurance, etc., that was won by the rise of the CIO during the 1930s and 40s. (2021)
The Missile Crises, Then and Now Just weeks after House Leader Nancy Pelosi flew East and rattled the China shop with her bull by announcing that the US would defend Taiwan against an invasion, retired and resigned General David Petraeus warned Moscow that the US would retaliate if the Russians nuked Ukrainians. Pelosi said, “Today the world faces a choice between democracy and autocracy. America’s determination to preserve democracy, here in Taiwan and around the world, remains ironclad.” The Biden administration claimed it had not endorsed her trip or her posturing. A Chinese representative responded to the visit and the sword rattling, “Those who play with fire will perish by it.”
Warren Condemns Fifth Circuit Attack on CFPB “Extreme right-wing judges are throwing into question every rule the CFPB enforces to protect consumers and businesses alike,” said Sen. Elizabeth Warren. The conservative-dominated Fifth Circuit Court of Appeals ruled Wednesday that the Consumer Financial Protection Bureau’s funding structure is unconstitutional, a decision that Sen. Elizabeth Warren—one of the agency’s architects—decried as “lawless and reckless.”
Environment: Ecosocialism or Ecocide!:
Oil, Gas Exports Under Scrutiny as Heating Costs Forecast to Spike 28 Percent U.S. oil and gas exports are increasing, and new fossil fuel projects threaten coastal frontline communities. Exports of oil and gas extracted in the nation’s vast fracking fields ballooned in recent years, allowing fossil fuel and energy companies to increase profits and raise prices on consumers as they push to expand their industrial footprint with new pipelines, export terminals, and other sources of pollution, according to a new report from the watchdogs at Public Citizen. Exports are accelerating after the Russian invasion of Ukraine, which threw international energy markets into turmoil and left much of Europe facing a crunch.
Civil Rights/ Black Liberarion:
Environmental Racism is Poisoning America’s Waters The United Nations General Assembly recognized “the right to safe and clean drinking water and sanitation as a human right that is essential for the full enjoyment of life and all human rights” on July 28, 2010. Yet, 12 years later, this human right is still out of reach for millions across the globe, particularly in the Global South. Even in the United States, which has the largest gross domestic product globally, poor and working-class people, and in particular Black and Brown people, are denied this fundamental right. In several cities across the United States, residents struggle with system-wide neglect of water systems and the failure of the government to provide access to what is arguably the most essential resource.
The War on Immigrants Is a War on All Poor and Low-Income. (Majority) Workers If low-income voters stick together, they can stop politicians from turning a humanitarian crisis into political theater. In states across the country, cynical politicians are turning a humanitarian crisis into political theater. New Hampshire Governor John Sununu recently announced that he was deploying the state National Guard to the U.S.-Mexico border, joining around two-dozen mostly GOP-led states. Meanwhile Florida, Texas, and Arizona have been busing migrants to blue states and cities, often under fraudulent circumstances.
Labor:
If the organized workers become fully conscious of their combined power and learn to use it in their own interests, no power inside this country or outside could stand up against them. Instead of the bosses dictating terms to the workers, they could, as they should, dictate terms to the bosses. Even today, in scattered strike situations, detachments of workers demonstrate their invincibility. They sweep forward against the bosses, against administration “troubleshooters,” against military men, and even against their own top leaders, to win their demands. The employers feel the enormous power of the workers and often assess it more accurately than the workers or their leaders. The bosses know that, by themselves, they cannot curb labor nor deny its demands. From all sides now the employers are summoning allies to their aid: government officials, defense commissioners, arbitrators, preachers of patriotism, army officers and, most important of all today, their lieutenants in the ranks of labor itself: Green, Hillman, Murray, Tobin, Lewis, and their staffs. The function of these labor lieutenants and their policy of class collaboration ia to lower the self-confidence of organized labor, to underestimate its strength, to keep it from independent class action, and to weaken its will to struggle and to win. — Fourth International, January 1941, American Labor and the War
One must accentuate especially the role which Jack London attributes to the labor bureaucracy and to the labor aristocracy in the further fate of mankind. Thanks to their support, the American plutocracy not only succeeds in defeating the workers’ insurrection but also in keeping its iron dictatorship during the following three centuries. We will not dispute with the poet the delay which can but seem to us too long. However, it is not a question of Jack London’s pessimism, but of his passionate effort to shake those who are lulled by routine, to force them to open their eyes and to see what is and what approaches. The artist is audaciously utilizing the methods of hyperbole. He is bringing the tendencies rooted in capitalism: of oppression, cruelty, bestiality, betrayal, to their extreme expression. He is operating with centuries in order to measure the tyrannical will of the exploiters and the treacherous role of the labor bureaucracy. — Trotsky and the Iron Heel His Observations on the Famous Novel
Economy:
Shadow Government Statistics Daily UpDate October 19th to 21st
- Pending, subscriber-only ShadowStats Economic Commentary No. 1461will provide a broad review of current fiscal, economic and monetary circumstances. With new graphics, it will detail how both Federal Reserve Monetary and Federal Government Fiscal Policies are untenable, exacerbating – not resolving – already unstable, soaring inflation and re-intensifying broad economic weakness.
- Today’s Third-Quarter 2022 Housing Starts and Building Permits showed respective, deepening, consecutive quarter-to-quarter contractions
- September 2022 Industrial Production regained its August 2018 historic peak for the first time. That said, strong year-to-year gains in headline Production were against impaired activity in year-ago September 2021.
- September Real Retail Sales declined by 1.1% (-1.1%) month-to-month and by 0.7% (-0.7%) year-to-year, pulling Third-Quarter 2022 activity into an annualized quarterly contraction of 3.8% (-3.8%), with a quarterly year to-year gain of 0.6%.
- Early October 2022 Consumer Sentiment notched higher but held shy by 40.8% (-40.8%) of recovering its Pre-Pandemic levels. The September 2022 Cass Freight Index® declined by 2.9% (-2.9%) month-to-month, both adjusted and unadjusted, but notched higher to a 4.8% unadjusted annual gain.
World:
Britain: Truss Forced to Resign as Armageddon Descends With both the UK economy and Conservative Party in meltdown, Liz Truss has been ousted from office – part of an establishment coup to regain control of the Tories. But further explosions lie ahead, as the crisis of British capitalism deepens.
Without Ending Deadly Sanctions on Iran, There Can Be No “Woman, Life, Freedom” The domestic economic policies in Iran are compounded by sanctions against the country, which hurt the most vulnerable. September 2022 Industrial Production regained its August 2018 historic peak for the first time. That said, strong year-to-year gains in headline Production were against impaired activity in year-ago September 2021. September Real Retail Sales declined by 1.1% (-1.1%) month-to-month and by 0.7% (-0.7%) year-to-year, pulling Third-Quarter 2022 activity into an annualized quarterly contraction of 3.8% (-3.8%), with a quarterly year to-year gain of 0.6%. Early October 2022 Consumer Sentiment notched higher but held shy by 40.8% (-40.8%) of recovering its Pre-Pandemic levels. The September 2022 Cass Freight Index® declined by 2.9% (-2.9%) month-to-month, both adjusted and unadjusted, but notched higher to a 4.8% unadjusted annual gain.
Iran: Death to the Oppressors – Be They Shah or Supreme LeaderEvils twins: Western imperialism and the Islamic Republic The crocodile tears of the imperialists over the violation of human rights and new sanctions have only given ammunition for the rotten Iranian regime to attempt to paint the entire movement foriegn-backed intervention. There is a constant barrage of propaganda coming from the regime. As the ongoing movement lacks any clear leadership or programme, this has sown confusion among the masses, causing hesitancy amongst many who would otherwise have supported the movement. The Iranian regime plays on this weakness of movement and persistently accuses it of being in bed with the monarchists and the imperialists. In reality, there is no sign at this point that these forces have any significant influence over the movement inside Iran itself. The fact is that western imperialists have never been and never will be champions for democracy or the working class, in Iran, their own countries, or anywhere else. We only have to look at the rotten and corrupt regimes the US installed after their invasions of Iraq and Afghanistan; or see their closest allies such as Saudi Arabia, a reactionary religious dictatorship that stokes the flames of ethnic and religious sectarianism everywhere; or Israel, another reactionary regime whose brutal oppression of Palestinians reveals a complete disregard for human life. It is no wonder that the Iranian masses do not see western imperialism as their salvation.
EU Deliberately Causes Needless Suffering for Refugees in the Mediterranean The consequences of these policies are particularly deadly along the Central Mediterranean Route, which runs primarily from Libya to Italy and has been called the world’s most dangerous migration route.
UK: TUC Congress 2022: “The Rebirth of the Trade Union Movement has Begun” This year’s TUC Congress, held against a stormy backdrop of political chaos and bitter class struggle, saw delegates vote for mass coordinated action. Trade union leaders must now translate words into deeds, and mobilise to kick out the Tories. The first in-person TUC Congress since the pandemic took place this week in Brighton, from 18-20 October. This comes at a historic time in Britain, with a resurgence on the industrial front not seen for generations, amidst a deep economic crisis and political chaos. Following a ‘hot strike summer’, including the RMT’s national dispute and industrial action at Royal Mail, both of which are rumbling on, the country is set for a winter of discontent, and many more months of fierce class war. “The flame flickers anew, the rebirth of the trade union movement has begun,” Unite general secretary Sharon Graham told delegates. “But we have to be serious about winning.”
Qatar: Migrant Workers DEPORTED WITHOUT PAY in Advance of 2022 FIFA World Cup Thousands of migrant workers in Qatar had their contracts cancelled and were forced to return home, in many cases without pay, as the Qatari government rolled out its plan to “[maximise] the reduction in the number of workers in the country” on the eve of the 2022 FIFA World Cup.
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