Daily News Digest August 15, 2017

Daily News Digest Archives

During This Economic Crisis, Capitalism’s Three Point Political Program:  1. Austerity, 2. Scapegoating Blacks, Minorities, and ‘Illegal Immigrants’ for Unemployment, and 3. The Iron Heel.

Democracy?: As the Capitalist Robber Barons Steal from the 99% — Only the 1% Voted For Austerity — The 99% Should Decide On Austerity — Not Just Those  Who Profit From Austerity! Under Austerity, All of the World Will Eventually Be Pauperized, Humbled, and Desecrated Like Greece and Puerto Rico!

Daily News Digest August 15, 2017

Images of the Day:

The U.S. is the Real Threat to PeaceUnited National Antiwar War Coalition Alert!  No to Trump’s Threat of Nuclear War on North Korea! Quotes of the Day:

Institutional Racism “…white terrorists bomb a black church and kill five black children that is an act of individual racism… But when in the same city — Birmingham, Alabama —five hundred black babies die each year because of the lack of proper food, shelter and medical facilities, and thousands more are destroyed and maimed physically, emotionally and intellectually because of conditions of poverty and discrimination in the black community that is a function of institutional racism”. — Stokely Carmichael

You can’t talk about solving the economic problem of the Negro without talking about billions of dollars. You can’t talk about ending the slums without first saying profit must be taken out of slums. You’re really tampering and getting on dangerous ground because you are messing with folk then. You are messing with captains of industry. Now this means that we are treading in difficult water, because it really means that we are saying that something is wrong with capitalism. There must be a better distribution of wealth, and maybe America must move toward a democratic socialism.” — Martin Luther King

Videos of the Day:

Media Downplays Wells Fargo’s Latest Scandals Bill Black says the real scandal isn’t just the 20,000 people who wrongfully lost their cars, but that fraudulent financial products are allowed to be sold in the first place

30,000 Mexicans Have Disappeared in Past 10 Years Laura Carlsen of the Center for International Policy says that as thousands disappear the Mexican government has turns a blind eye instead of investigating and preventing disappearances


Americans once carpet-bombed North Korea. It’s time to remember that past The US air force subjected North Koreans to three years of ‘rain and ruin’. It was a living nightmare — one that still haunts the country to this day By Bruce Cumings

Black Liberation/Civil Rights:

Charlottesville Is Just More Evidence America Was Born and Raised on Racism and Violence Racist violence is as American as apple pie. By Kali Holloway

Terrorism in Charlottesville, Va.: Racism, Explotation, and Terror Has Always Been an Integral Part of Capitalism — Especially in the United States By Roland Sheppard

The Media, the government, Trump, and the capitalist class promote racist terror at home and abroad, to justify their perpetual war for perpetual peace and austerity — Terror is it an integral  part of the The Iron Heel. The recent events in Charlottesville, Va., reveal the institutionalization of the Racist Ideology of the United States.

Terrorism in Charlottesville, Va. Video: See It. One dead as car mows down counter-protesters in Virginia at tumultuous white supremacist rally One person was killed and 19 others were injured after a car plowed into a crowd of counter-protesters marching against a “pro-white” rally Saturday in Charlottesville, Va., witnesses and officials said. Video of the terrifying moment shows at least one person being tossed into the air as the silver Dodge Charger mowed into the crowd.

Profits from the trade profits profit fueled the Industrial Revolution and the subsequent rise of capitalism.“Capital”, Volume One, Part VIII, Chapter 31, (the) “Genesis of the Industrial Capitalist” By Karl Marx:

The discovery of gold and silver in America, the extirpation, enslavement, and entombment in mines of the aboriginal population, the beginning of the conquest and looting of the East Indies, the turning of Africa into a warren for the commercial hunting of black-skins, signalized the rosy dawn of the era of capitalist production.  … If money … comes into the world with a congenital blood-stain on one cheek, capital comes dripping from head to foot, from every pore, with blood and dirt.

Modern day racism was/is an ideology developed to justify the exploitation and oppression of the people of Africa and the rest of the world. This exploitation was also known as the white man’s burden, as capitalism began to rape the world’s wealth. The slave trade helped to fund the United States, in its development to become a nation. It was even a part of the United States original constitution.

Police Stood By As Mayhem Mounted in Charlottesville State police and National Guardsmen watched passively for hours as self-proclaimed Nazis engaged in street battles with counter-protesters. There was nothing haphazard about the violence that erupted Saturday in this bucolic town in Virginia’s heartland. At about 10 a.m., at one of countless such confrontations, an angry mob of white supremacists formed a battle line across from a group of counter-protesters, many of them older and gray-haired, who had gathered near a church parking lot. On command from their leader, the young men charged and pummeled their ideological foes with abandon. One woman was hurled to the pavement, and the blood from her bruised head was instantly visible. By by A.C. Thompson, Robert Faturechi, and Karim Hajj

Terrorism in Charlottesville, Seen Through the Lens of an Eyewitness American culture has always contained rotten seeds of racism aching to root white supremacy permanently into the landscape. For more than eight months, President Donald Trump has been watering this pseudo-patriotic movement, nurturing it with his violent rhetoric. The “alt-right” is in full bloom now. Its members are empowered by Trump, as evidenced by the events in Charlottesville, Va., on Saturday. By Michael Nigro Spike Lee to Lead Pro-Kaepernick Protest in Front of NFL Headquarters By Donn Marten Environment:

A Legacy of Environmental Racism: Exxon Mobil Is Still Pumping Toxins into Black Community in Texas 17 Years After Civil Rights Complaint Joseph Gaines was sitting on his porch in the Charlton-Pollard section of Beaumont, Texas, on a recent evening in June, sipping beer and chatting with some of his neighbors about the NBA playoffs, when a loud boom cut through the night and a stream of fire lit up the sky. A few minutes later, a strong, unpleasant odor settled over the street. As soon as they smelled it, the men stopped arguing about LeBron James and left the porch, covering their mouths and noses as they hurried into their homes. By Sharon Lerner Bluefin Tuna at the Brink Bluefin tuna at 3%, that’s it! Pacific bluefin tuna has unique worldwide status as one of the most awe-inspiring remarkable creatures on the planet. They grow to 12 feet and 1,500 pounds and live up to 35 years whilst swimming super-fast, crossing the entire ocean in 21 days. They are the essence of nature’s wonderful creativity and beauty. by Robert Hunziker Ongoing Big Energy Crisis:



Shadow Government Statistics Consumer Inflation: The ShadowStats Alternative CPI-U Measures are attempts at adjusting reported CPI-U inflation for the impact of methodological change of recent decades designed to move the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living. There are two measures, where the first is based on reporting methodologies in place as of 1980, and the second is based on reporting methodologies in place as of 1990. Margin Debt Sets Four New Peaks This Year — a Red Flag with a New Twist  According to the latest data from the New York Stock Exchange, margin debt has hit new peaks four times this year, starting with a new record of $513 billion in January; $528 billion in February; $536.9 billion in March; and reaching a whopping $549 billion in April. The most recent reading for June shows a decline to $539 billion — but that is still an increase of 64 percent from the margin level of January 2008, the year of the epic financial crash on Wall Street. By Pam Martens and Russ Martens World:

Defend the Venezuelan Revolution Against Trump and Imperialism! Donald Trump has promised “fire and fury like the world has never seen” and will not rule out a first strike against nuclear-armed North Korea. In the same breath, he made the following crudely open threat against Venezuela: “We have many options for Venezuela. And by the way, I am not going to rule out a military option. We have many options for Venezuela. This is our neighbor. You know, we are all over the world and we have troops all over the world in places that are very, very far away. Venezuela is not very far away and the people are suffering, and they are dying. We have many options for Venezuela, including a possible military option if necessary.” Health, Science, Education, and Welfare: