(2023-03-14). Review: Enrique S Rivera — "The Untold Story of Capitalism: Primitive Accumulation and the Anti-Slavery Revolution" mronline.org Every May 10th marks Afro-Venezuelan Day and commemorates the 1795 Coro Rebellion. The May 1795 revolutionary events are the centerpiece of Enrique S. Rivera's The Untold History of Capitalism: Primitive Accumulation and the Anti-Slavery Revolution.
(2023-03-14). The bailout of Silicon Valley Bank and the historic crisis of capitalism. wsws.org The commitment by the Biden administration to do "whatever is needed" to protect the money and riches of financial investors, speculators and the wealthy has again laid bare the real nature of capitalist governments as the executive committee for managing the affairs of the ruling monied elites.
(2023-03-14). SEP (Australia) campaigners for NSW election speak to Central Coast workers about cost of living crisis and war. wsws.org "Capitalism is like a jungle. You do what you need to do to survive. If you need to kill someone, or step on the head of your friend, that's capitalism. Socialism is totally different. It's guided by equality and supporting healthcare, education and so on. Socialism is for the working class."—Roberto, a truck driver.
(2023-03-13). SVB collapse: Who will get bailed out, and who will pay? peoplesworld.org Another financial crisis, another bailout? As the bank failures pile up, it seems that capitalism is overdrawn once again. And, as in past economic collapses, it looks like the public will be expected to "socialize" the losses imposed on us by government deregulation and the risky investments of the financial class. Cartoonist Greg Kearney offers …
(2023-03-14). The second-largest bank failure in US history reveals double standard. peoplesdispatch.org On March 10, the Silicon Valley Bank collapsed in the second-largest bank failure in US history, topped only by the 2008 recession-era failure of Washington Mutual. SVB, which was founded in 1983 and was the go-to bank for tech startups and other venture capitalists, was the sixteenth-largest US bank according to assets. | The bank failure has sent the US economy reeling, with many working people concerned about the impact this could have on their paychecks, personal savings, and whether or not a 2008-like crisis could be provoked. | US authorities have attempted to employ a crisis control strategy, with US Presi…
(2023-03-13). Silicon Valley Bank collapse reveals danger of a wider financial crisis. peoplesworld.org Finance capital seems poised to once more drag the country into a new banking crisis, dredging up the specter of the 2008 collapse of Lehman Brothers and the Great Recession that it sparked. Since Friday, the U.S. government has seized control of two banks in an effort to slow the development of a classic "run …
(2023-03-14). Review: Enrique S Rivera — "The Untold Story of Capitalism: Primitive Accumulation and the Anti-Slavery Revolution" mronline.org Every May 10th marks Afro-Venezuelan Day and commemorates the 1795 Coro Rebellion. The May 1795 revolutionary events are the centerpiece of Enrique S. Rivera's The Untold History of Capitalism: Primitive Accumulation and the Anti-Slavery Revolution.
(2023-03-14). The bailout of Silicon Valley Bank and the historic crisis of capitalism. wsws.org The commitment by the Biden administration to do "whatever is needed" to protect the money and riches of financial investors, speculators and the wealthy has again laid bare the real nature of capitalist governments as the executive committee for managing the affairs of the ruling monied elites.
(2023-03-14). SEP (Australia) campaigners for NSW election speak to Central Coast workers about cost of living crisis and war. wsws.org "Capitalism is like a jungle. You do what you need to do to survive. If you need to kill someone, or step on the head of your friend, that's capitalism. Socialism is totally different. It's guided by equality and supporting healthcare, education and so on. Socialism is for the working class."—Roberto, a truck driver.
(2023-03-13). SVB collapse: Who will get bailed out, and who will pay? peoplesworld.org Another financial crisis, another bailout? As the bank failures pile up, it seems that capitalism is overdrawn once again. And, as in past economic collapses, it looks like the public will be expected to "socialize" the losses imposed on us by government deregulation and the risky investments of the financial class. Cartoonist Greg Kearney offers …
(2023-03-14). The second-largest bank failure in US history reveals double standard. peoplesdispatch.org On March 10, the Silicon Valley Bank collapsed in the second-largest bank failure in US history, topped only by the 2008 recession-era failure of Washington Mutual. SVB, which was founded in 1983 and was the go-to bank for tech startups and other venture capitalists, was the sixteenth-largest US bank according to assets. | The bank failure has sent the US economy reeling, with many working people concerned about the impact this could have on their paychecks, personal savings, and whether or not a 2008-like crisis could be provoked. | US authorities have attempted to employ a crisis control strategy, with US Presi…
(2023-03-13). Silicon Valley Bank collapse reveals danger of a wider financial crisis. peoplesworld.org Finance capital seems poised to once more drag the country into a new banking crisis, dredging up the specter of the 2008 collapse of Lehman Brothers and the Great Recession that it sparked. Since Friday, the U.S. government has seized control of two banks in an effort to slow the development of a classic "run …
(2023-03-13). East Palestine Toxic Train Crash Shows Plastics Industry Toll on Planet. Will U.S. Ban Vinyl Chloride? democracynow.org Five weeks after the Norfolk Southern toxic train derailment and so-called controlled burn that blanketed the town with a toxic brew of at least six hazardous chemicals and gases, senators grilled the CEO of Norfolk Southern over the company's toxic train derailment. The company has evaded calls to cover healthcare costs as residents continue to report headaches, coughing, fatigue, irritation and burning of the skin. For more on the ongoing fallout from the toxic crash, and its roots in the plastics industry, we are joined by Monica Unseld, a biologist and environmental and social justice advocate who has s…
(2023-03-13). Unemployment rate edges up; Businesses claim to create more low-wage jobs. peoplesworld.org WASHINGTON—The U.S. unemployment rate edged up 0.2% in February to 3.6%, even as businesses claimed to create a net of 265,000 new jobs that month, including 245,000 in services. Governments said they added 46,000 workers, too. But there's a caveat to all those new service sector jobs: The biggest gainer—bars and restaurants, which added 64,900 …
(2023-03-13). The U.S. Must Stop Threatening China! transcend.org The US Aggressive Military-Industrial Complex – The great danger is that the escalation of the Ukrainian conflict will result in nuclear war. However, politicians from both U.S. political parties are so blinded by nationalism that they believe the risks to be necessary in order to "weaken Russia", thus asserting American global hegemony.
(2023-03-14). Defense Secretary Lloyd Austin—Former Member of Raytheon Board of Directors—Has Awarded Over $30 Billion in Contracts to Raytheon Since His Confirmation in January 2021. globalresearch.ca
(2023-03-13). Why The US Banking System Is Breaking Up. popularresistance.org The breakup of banks that is now occurring in the United States is the inevitable result of the way in which the Obama administration bailed out the banks in 2008. | When real estate prices collapsed, the Federal Reserve flooded the financial system with 15 years of quantitative easing (QE) to re-inflate real estate prices — and with them, stock and bond prices. | What was inflated were asset prices, above all for the packaged mortgages that banks were holding, but also for stocks and bonds across the board. That is what bank credit does. | This made trillions of dollars for holders of financial assets [mda…
(2023-03-14). Defensive Invasion & Strategies of Power. indybay.org Imagine it's war and no one goes! This dream is being hurled into the dustbin of history by NATO. War is socially acceptable again, new lifestyle. Many voices cry for revenge, cry for the most modern weapons, because there are new sneaky attack warriors with poisonous arrows. It all seems like a duplicate of the US founding story. The new savages, the new Indians are the Russians.
(2023-03-14). Sat. March 18 — National March on Washington — at the White House On the 20th anniversary of the US invasion of Iraq: No War in Ukraine! No to NATO! No Weapons, No Money for the Ukraine War. iacenter.org
(2023-03-13). Russia's hypersonic response to latest NATO and Kiev regime escalation. infobrics.org The Kiev regime troops tasked with air defense recently reported that the Russian Aerospace Forces (VKS) used at least six 9-A-7660 "Kinzhal" air-launched hypersonic missiles at once, complaining that they have no means of intercepting such weapons.
(2023-03-13). US B-52 Strategic Bombers Worked Out Nuclear Strikes On Russia And Iran. southfront.org Illustrative Image | The US Air Force has recently increased the activity of its strategic bombers near the borders of Russia and Iran. | On March 11, the US strategic bomber B-52H Stratofortress, capable of carrying nuclear weapons, worked out a missile launch on the Russian city of St. Petersburg. The aircraft with the board sign NOBLE61 approached the island of Gotland, which is about 200 km from the Russian northern capital. It took off from Poland, not reaching the borders with the R…
(2023-03-13). Will the Circle be Unbroken? Reviving the Spirit of Bandung and Panchsheel. transcend.org "I hate the US empire, and I love the US republic." — Johan Galtung. Economic colonization continues, backed up by financial networks, covert CIA/MI6 operations and hundreds of US military bases that dot the globe in over 85 countries. The sun still never sets on the modern Anglo-American empire. Implementation of the Panchsheel principles would set the stage for peaceful coexistence in a nuclear weapons-free world.