(both by way of Black Agenda Report)
‘The End of Sanders, and Maybe the Beginning of a Mass Independent Left’, Glen Ford, April 16, 2020, blackagndareport.com
“Sander’s early Return of the Prodigal Son to the bosom of the Party allows him to escape the deep critique of capitalist medicine and political-economy that would be required of a “leftish” presidential candidate as this never-in-our-lifetimes crisis unfolds.” [jump]
This is Trump’s daily briefing on the coronavirus on Wednesday by way of: ‘A bold muscular/kinetic deflection’.
RT.com provides a partial transcript:
‘Not letting Covid-19 crisis go to waste? US ramps up war on drugs… focusing on Venezuela’s Maduro’, 1 Apr, 2020, RT.com, April 1, 2020
According to economists Pam Martens and Russ Martens at wallstreetonparade.com, via counterpunch.com, March 27, 2020: ‘Stimulus Bill Allows Federal Reserve to Conduct Meetings in Secret; Gives Fed $454 Billion Slush Fund for Wall Street Bailouts’
“The text of the final bill was breathtaking in the breadth of new powers it bestowed on the Federal Reserve, including the Fed’s ability to conduct secret meetings with no minutes provided to the American people.”
Patrick Martin also notes the many caveats and unknowns afoot in potential waivers to the General Rules as to which corporate loans end as gifts, and more. His explanation of each state having its own static metrics of unemployment compensation was new to me. And yes, RT.com is reporting that there were 3.2 million new applications for compensation filed this week, obviously not just for employees ‘furloughed due to coronavirus’ as earlier reported as covered in the Stim package.
‘US Senate passes massive economic “rescue” bill’, Patrick Martin, 26 March 2020 (I’ll paste almost all of it in)
Great for Big Bidness, a travesty for the working poor and either a one-time or two-time check nothingburger for the plebians. I just watched Mitch McConnell rant about some of the items the D want included (solar energy credits now?), and otherwise you can bet your bippies that the D Team has our backs!
The Ds and Rs were deadlocked last night, but will meet again today, according to the Guardian: $1,200 checks for all? What you need to know about the US coronavirus bailout; US government is debating bill of to $1.8tn for money going to businesses, corporations and directly into the pockets of Americans’, March 23, theguardian.com
Upon entering the WEF site yesterday, this fascinating video from last year was featured:
A preview of the lofty conference from wsws: ‘Climate change “spin” as Davos gathering confronts mounting environmental and economic crisis’, Nick Beams, 20 January 2020
“The World Economic Forum (WEF), which holds its annual meeting this week in Davos, Switzerland, has tried in recent years to feign concern about the welfare of society as it brings together the ultra-wealthy, government and media representatives and the heads of major corporations to defend the profit system. This year’s gathering is no exception.
This is an op-ed by John Steppling from Dec. 21, 2019 at off-guardian.org for your consideration. We’d been discussing both capitalism and climate change recently, and although this all seems so utterly beside the point now given the ever-increasing US threats to increased war on Iran (now even nuclear war). But I’d said I’d post it, so I am; I’ll offer a couple things at the end. As John’s kindly given me permission to republish all that he writes, I’ll post it all.
Capitalists are no more capable of self-sacrifice than a man is capable of lifting himself up by his own bootstraps.”
Lenin – Letters from Afar