Daily News Digest May 15, 2024
Images of the Day:bot
Old Enough to Kill, Too Young to Protest 
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”
Capitalism as a Failed System: World Capitalism 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: Austerity, Scapegoat Blacks, Minorities, and ‘Illegal’ Immigrants for Unemployment, and 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! Globaly, With the Current Gaza War, The Right of Assembly is Under Attack! Due to Years of Austerity, Cuts to Public Health Care, And An Anti-Science and Profiteering President, The United States Still Leads the World In Coronavirus Cases and Deaths in the World!
The Majority of the World, Despite the Media Monopoly’s Lies, are Opposed to the Palestinian Genocide and Global Warming — The 1% Minority Funds Them! At, this Time in History, Capitalism is Exposing the Fact That it is Opposed to Majority Rule/Democracy!
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:
A large sunspot cluster about 17 times the size of Earth has been the primary source for this rare event by producing several strong solar flares since Wednesday last week. The region of the sun continued to be active over the weekend, with NOAA saying another period of G4-G5 geomagnetic storms were possible later on Sunday. — Weather Tracker: Geomagnetic Storms Trigger Northern Lights
Run, the Israelis demand, run for your lives. Run from Rafah the way you ran from Gaza City, the way you ran from Jabalia, the way you ran from Deir al-Balah, the way you ran from Beit Hanoun, the way you ran from Bani Suheila, the way you ran from Khan Yunis. Run or we will kill you. We will drop 2,000-pound bunker buster bombs on your tent encampments. We will spray you with bullets from our machine-gun-equipped drones. We will pound you with artillery and tank shells. We will shoot you down with snipers. We will decimate your tents, your refugee camps, your cities and towns, your homes, your schools, your hospitals and your water purification plants. We will rain death from the sky. Run for your lives. Again and again and again. Pack up the pathetic few belongings you have left. Blankets. A couple of pots. Some clothes. We don’t care how exhausted you are, how hungry you are, how terrified you are, how sick you are, how old, or how young you are. Run. Run. Run. And when you run in terror to one part of Gaza we will make you turn around and run to another. Trapped in a labyrinth of death. Back and forth. Up and down. Side to side. Six. Seven. Eight times. We toy with you like mice in a trap. Then we deport you so you can never return. Or we kill you. Let the world denounce our genocide. What do we care? The billions in military aid flows unchecked from our American ally. The fighter jets. The artillery shells. The tanks. The bombs. An endless supply. We kill children by the thousands. We kill women and the elderly by the thousands. The sick and injured, without medicine and hospitals, die. We poison the water. We cut off the food. We make you starve. We created this hell. We are the masters. Law. Duty. A code of conduct. They do not exist for us. — Israel’s Willing Executioners
Podcast/Videos of the Day:
‘Hamas Loves BIDEN?!’ w/ Ray McGovern
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 Republicrats 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. Tax the Rich! — They Can Afford ford To Pay! Both Parties Support U.S. Capitalism’s Wars! (The Only War the Democrats Opposed was the Civil War!)
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 D. Brandeis Quotes
The greatest purveyor of violence in the world today — my own government. MLK, Beyond Vietnam
U.S. Funded Plestinian Genocide:
Israel Orders Evacuations in North and South Gaza as Deaths Top 35,000 Israeli forces are intensifying their campaigns across the strip, unleashing what some say are the worst bombings yet. Israel is unleashing what some Palestinians have described as the worst bombings in Gaza yet as it has issued mass evacuation orders in the northernmost and southernmost parts of the region, displacing hundreds of thousands of starving, ill and exhausted Palestinians who have no safe place to go. On Saturday, Israel issued a second set of evacuation orders in Rafah in the eastern part of the city, while also forcing Palestinians in Beit Lahia and Jabalia in the north to flee as Israeli forces drove tanks deep into the Jabalia refugee camp and raided shelters there. Though Israel has attacked Jabalia many times throughout its genocide, the military is once again carpet bombing the neighborhood.
Environment:
Fund Climate! — Not Genocide! One of Many Ways to Begin to End Global Warming: Expose ‘Greenwashing’ — Tax the Polluters 100%! After World War II Rosa Luxenburg Coined the Slogan: ‘S0cialism or Barbaism’! Now the Slogan Should Be: ‘Ecosocialism or Ecocide’!
Capitalism’s Wars for Oil: When Bodies Start Stacking Up From Climate Change-Related Disasters, Will These Monsters be Held to Account?
Capitalists have Chosen Profits/Ecocide!: Banks have Given Almost $7tn to Fossil Fuel Firms Since Paris Deal, Report Reveals Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe The world’s big banks have handed nearly $7tn (£5.6tn) in funding to the fossil fuel industry since the Paris agreement to limit carbon emissions, according to research. In 2016, after talks in Paris, 196 countries signed an agreement to limit global heating as a result of carbon emissions to at most 2C above preindustrial levels, with an ideal limit of 1.5C to prevent the worst impacts of a drastically changed climate.
Above the 1.5C Tipping Point!: World’s Record-Breaking Temperature Streak Extends Through April
- World just had hottest April on record
- Exceptional run of global heat continues
- Last 11 months all broke temperature records
The world just experienced its hottest April on record, extending an 11-month streak in which every month set a temperature record, the European Union’s climate change monitoring service said on Wednesday. Each month since June 2023 has ranked as the planet’s hottest on record, compared with the corresponding month in previous years, the Copernicus Climate Change Service (C3S) said in a monthly bulletin. Including April, the world’s average temperature was the highest on record for a 12-month period – 1.61 degrees Celsius above the average in the 1850-1900 pre-industrial period.
Climate Scientists Sound New Warning Over Devastating Warming
- This year, carbon dioxide peaked at 427 parts per million (ppm) from 320 in 1959. Scientists say 350ppm is the upper limit of ecologically sustainable.
- The sudden acceleration in temperature has also been predicted by climate scientists who said that tipping points would be reached where the world could no longer use its homeostasis (temperature regulation) to control the earth’s atmosphere.
- The most important of these are the Amazon Rainforest — the lungs of the world — of which 25% has been destroyed in the last 50 years.
- The dramatic sea ice loss in the Arctic and West Antarctic Shelf has been the largest ever recorded.
- The fresh cold water is slowing the Atlantic Meridional Overturning Circulation, the large system of ocean currents that carry warm water from the tropics into the North Atlantic, providing warmth to northern Europe and North America. This leaves them prone to massive shifts in the polar vortex, the counter-clockwise flow of air that helps keep the colder air near the Poles, bringing ice storms to Texas.
- The oceans are warming: they are a record 0.64°C hotter than the 1991–2020 mean.
- This is because the oceans absorb 90% of the world’s heat — the equivalent to 9.8 Hiroshima bombs each second over the past 3 years.
- In Western Australia, after the driest and hottest summer on record, the South West is experiencing forest collapse with large tracts of unique Karri and Jarrah forests and the ecosystems they support dying, as rainfall has decreased by more than 25% over the past 40 years.
The Guardian View on the Climate Emergency: We Cannot Afford to Despair Top experts believe global temperatures will rise by at least 2.5C above pre-industrial levels by 2100. That frightening prediction must spur us to action First, the good news. We understand the problem: almost two-thirds of people worldwide believe the climate crisis is an emergency. We know what needs to be done, and should be confident that we will be able to achieve it, thanks to the rapid advance of renewable technologies. Collectively, we can also muster the money to do it. The scale and speed of global heating make it hard to hang on to these facts. But it is also why we must focus on them rather than throwing up our hands. New research by the Guardian has found that hundreds of the world’s top climate scientists believe global temperatures will rise by at least 2.5C above pre-industrial levels by the century’s end, far above the internationally agreed limit. Only 6% of those surveyed, all from the Intergovernmental Panel on Climate Change, thought that the 1.5C target could be met.
Global Wildlife Crime Causing ‘Untold Harm’, UN Report Finds More than 4,000 species are targeted by traffickers, with illegal trade active in 80% of countries, says Office on Drugs and Crime More than 4,000 species around the world are being targeted by wildlife traffickers, causing “untold harm upon nature”, a UN report has warned. Wildlife crime is driven by demand for medicine, pets, bushmeat, ornamental plants and trophies. Out of all the mammals, birds, reptiles and amphibians seized, 40% were on the red list of threatened or near-threatened species, the report found.
Black Liberation/Civil Rights:
The Iron Heel!: NYPD Killed 19-Year-Old Win Rozario After He Called 911 for Help The fatal shooting of the Bangladeshi teen has set off protests and demands for justice from the family. The police fatal shooting of Win Rozario, a 19-year-old Bangladeshi teen who lived in Queens, New York, has set off protests and demands for justice from the family. Rozario had called 911 in late March asking for help as he experienced a mental health crisis, but two New York police officers who arrived at the family’s home shot him at least four times within minutes after entering the Rozario residence. The NYPD claimed Rozario “came at” the officers with a pair of scissors when they fired at him, but police body-camera footage shows he was standing on the other side of the kitchen, several feet away from the officers, as his mother desperately tried to shield her son. “He needed help, and what they did instead was kill him,” says New York City Councilmember Shahana Hanif, who represents the city’s 39th Council District. She also discusses progressives’ ongoing efforts to pass a ceasefire resolution at City Council to demand an end to the war in Gaza, as well as Mayor Eric Adams’s crackdown on asylum seekers.
Labor:
The Real State of the Union for the Working Class The Working Class has been in a State of Depression for Over 50 Years. This Graphs Prove my Point! A Closer Look at Full-time and Part-time Employment Let’s take a closer look at the latest employment report numbers on full- and part-time employment. Buried near the bottom of table A-9 of the government’s employment situation summary are the numbers for full- and part-time workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly current population survey (CPS) of households. The focus is on total hours worked regardless of whether the hours are from a single or multiple jobs. The Labor Department has been collecting this since 1968, a time when only 13.5% of US employees were part-timers. Over 55 years later, the total number of part-time workers has reached 17.2%. Here is a visualization of the trend in the 21st century, with the percentage of full-time employed on the left axis and the part-time employed on the right. We see a noticeable crossover during the Great Recession when part-time work increased, and full-time work declined.
Sent to me by Email: Shadow Government Statistics April Real Un-employment Charts: Real Unemployment at 25.9% 
From My Daily News Digest September 21, 2023: The Graph Here Is Shown on a Consistent Inflation Basis End the Tier Wage System! Equal Pay for Equal Work! Due the Labor Bureaucracy’s collaboration with the Boss, Real Wages Have Been Cut Over 100% Since1974! — Wages Have Not Kept Up With Inflation! Since the Neoliberal Labor Bureaucracy declared itself to be in a (Domestic) Partnership With the Boss’ (‘Bedding the Boss!’)! was fully institutionalized starting in the mid-1980s, this ‘partnership’ gave birth to the one, two, three, etc. .. wage tier system! Selling out the futures of future young workers entering the labor force. And, since the lowest union wage is immediately the highest non-union wage, this wage tier system cut the wages of the entire working class! When I was a union official, I called this system labors’ rush to the bottom! 
Economy:
Delinquencies on Office Property Loans at Banks Are at 8 Percent While Office Loans the Banks Sold to Investors Show 31 Percent in Trouble On Friday, the Federal Reserve released its semiannual Supervision and Regulation Report on banks. Commercial real estate loans at banks – particularly on office properties – continued to rank high on the Fed’s list of concerns. The Fed included the chart above showing that delinquency rates on office property loans held by the banks had skyrocketed from just over 1 percent at the end of 2022 to over 8 percent as of December 31, 2023. (The red text and arrow have been added by Wall Street On Parade.) Banks are major lenders to the commercial real estate (CRE) market, providing almost $3 trillion in financing. According to a February 27 report from S&P Global, as of the end of the fourth quarter of 2023, two megabanks dwarfed all others in their commercial real estate loan exposure. JPMorgan Chase Bank NA, the largest bank in the U.S., held $173.31 billion in CRE loans while Wells Fargo Bank NA held $139.65 billion. Bank of America ranks second to JPMorgan Chase Bank NA in terms of assets, and yet its CRE loan exposure is less than half that of JPMorgan Chase, at $82.80 billion, according to S&P Global. 
Education, 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 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
The Student Loan System Won’t Let Me Pay Off My Debt “In what other consumer contract can one party mischarge the other party by an error margin in the thousands of dollars and get away with it?” The student loan system is broken beyond repair and student debt cancellation is the only viable path forward left. Maybe my story can help explain why.