Tag Archives: Capitalism

Thursday Morning Notes: Capitalism, Republicans, Elections, Corruption, Biden, Delusion

joe biden

Morning Musings:

  • The Trump pressers and the now daily appearances are humiliation sessions. Trump regularly demeans and silences the voices of reporters and this morning, a nurse who has first hand experience working with the Coronavirus.  This is what authoritarian governments do, normalize the silencing of dissent.  Every time Trump silences, demeans, and both demands and receives acquiescence in this silencing, people are taught what’s expected, that submission is a normal way to behave.  We need to admit that we live in a culture of cowardice, compliance, and willing submission.  We need to stop obsessing about Trump’s behavior and look at ourselves.
  • This is a culture that deludes itself into thinking that it is characterized by independent thought and action when in fact, what characterizes most individuals is compliance.
  • Every time Trump is allowed to bully and demean others without reaction, Americans become a little bit more compliant with authority.
  • It is being reported this morning that guidelines from the CDC about reopening society were ignored by the Trump administration. The CDC, evidently, has been gutted of professionals who will stand up for fact and independent thought.  The man in charge of the CDC has been investigated for misrepresenting his own research data.
  • It is time to ask what the benefits are to the administration from the virus becoming worse. They include 1) massive profits from the wild west profiteering off medical supplies, 2) reinforcing people’s notion that government can’t work for their benefit, 3) reinforcing the Republican theory of government that we should have no government, 4) driving wages down, 5) providing an excuse for cutting and eliminating social programs, 6) encouraging the free-for-all economy the Republicans have worked to bring about for decades, 7) exacerbating a crisis that will cover other authoritarian moves which will go unnoticed, 8) killing off a large proportion of vulnerable people, 9) justifying closing the borders.  These are just a few advantages of the crisis getting worse.
  • The corporate media has ceased to be any kind of check on power. They are worse than useless.  They don’t even have to be censored, they censor themselves.  The feckless questions asked in the presidential pressers is an example of this.  The county is in the middle of an economic and health crisis, and reporters ask questions like: Thank you Mr. President.  Do you think, Mr. President, that citizens should congregate on the mall?
  • The Biden apologia articles arguing that 1) Tara Reade is not credible that her charges are somehow different from those of Blassy Ford, or that 2) the charges are believable, but we should vote for Biden anyway are just astounding. It is astonishing how many women are willing to publicly argue that a presidential candidate with multiple women accusers should be given a pass.
  • I am disappointed that a number of women I know who are pleading with me to silence myself about Biden’s obvious failures as a candidate. Please, they ask, don’t speak or write the truth. We have to remain silent and protect our candidate, the candidate the Democratic Party and the corporate media cheated to install as the candidate.
  • Equally disheartening is the number of people engaging in a gigantic act of delusion by relying on voting in 2020 to solve our problems.   The Republicans have done and will do everything in their power to subvert a democratic vote.  They have and will also enable interference in the election on their behalf.  There is too much at stake for Republicans to allow a loss.  We must move beyond this Cinderella-fiction that we can just vote Trump out in 2020.  The Republicans are being so brazen and craven, not even pretending to believe in democracy, because they know they will win. And, the Democrats will blame Bernie Sanders and his supporters and cower in place just as the Democratic Party is doing at the moment.
  • Democrats are remaining silent, hoping that Trump will destroy himself over the Corona virus pandemic. Instead of fighting every day, pointing out to the American people every day that what is happening is a textbook example of what happens in a culture where you put people in charge of government who are trying to destroy government.  It is a textbook case of what a pandemic looks like managed by people who value profits over everything else.  This is unfettered capitalism, no regulations, no rules except that everyone is free to profit off untold misery to their heart’s content.
  • Instead of going on television every day to point out what a giant class rip off the bailout bill was, the Democrats went on television trying to make political points for compromising with (caving to) the Republicans in a windfall (yet another one) for the 1%.
  • Bernie Sanders has gone silent at a time when every day is an illustration of why the changes he proposed for the country are essential to the survival of working people and democracy.
  • Barak Obama seems to stay above the fray unless he has to step in to prevent fundamental social change for working people. Obama refused, refused to prosecute those responsible for the 2008 financial crisis.  He helped enable lack of accountability for the wealthy and powerful.
  • We have to face the facts. Hiding our heads in the sand will accomplish nothing.

Friday Notes: America’s Lawyer, Bailout Theft, Media, Science

th

Friday Notes:

As the corporate media becomes more and more useless, we must turn to other sources.

Podcast: America’s Lawyer, Mike Papantonio

April 1, 2020 Episode: The risks to meat packing employees of the mandated openings; the complicity of the Democrats in the class rip-off of the stimulus bill; Schumer and fast-tracking judicial appointments; claims of Tara Reade; lawsuits against big banks for discriminating against small businesses; insurance companies who refuse to pay claims because of the pandemic.

tps://www.rt.com/shows/americas-lawyer/

DNC Lawyers Argue DNC Has Right to Pick Candidates in Back Rooms

https://observer.com/2017/05/dnc-lawsuit-presidential-primaries-bernie-sanders-supporters/

When Science Loses Its Voice

Late February, after the director of the CDC’s National Center for Immunization and Respiratory Diseases, Nancy Messonnier, warned of the coming pandemic, Mike Pance was put in charge of the White House Coronavirus, and the CDC started declining interviews.  Federal employees were limited in what they could say publicly.  The NYT reported that federal health officials were required to coordinate their statements with Pence’s office.  Several lawsuits and complaints and lawsuits have been filed.

https://www.cjr.org/analysis/cdc-pandemic-transparency-comment-access.php

MSNBC public editor: Why pundits and journalists insist on false balance.

There is an illusion the media feels obliged to preserve, even more than the illusion of objectivity.  “What broadcast media is really selling—literally selling, to its advertisers and to its viewers—is the illusion of stability and certainty in American life, as well as its own role as a wise, trustworthy leader within that system.”

“National news organizations like MSNBC cannot operate effectively outside the assumption of calm, professional equanimity. Their real stock-in-trade is the impression, the conviction, that they know what is going on in the world; that is the reason viewers tune in and the basis of every ad buy. Normality. Stability, a world that is comprehensible and comprehended.”

https://www.cjr.org/analysis/83510.php

The Senate Corporate Bailout Package Is a ‘Robbery in Progress,’ Warn Critics

“It’s not a bailout for the coronavirus. It’s a bailout for twelve years of corporate irresponsibility.”

https://www.commondreams.org/news/2020/03/25/senate-corporate-bailout-package-robbery-progress-warn-critics

 

 

 

Head-on conflict with the self-interest of concentrated private capital

joe biden

The corporate media is a complete waste of time.  They failed us in 2016 and they are spectacularly failing us now.  We must turn to other news sources.  These are excerpts from The Nation Magazine.

Grey, Rohan, Nation Manazine, April 20/27 2020).

Biden indicated that as president, he would veto Medicare for All legislation because of concern over the price tag.  “Biden has been a deficit hawk his entire career.  As a Senator, he broke with his party to support a Repubican-sponsored balanced budget amendment, and as vice president he spearheaded efforts to achieve a bipartisan deficit reduction deal that included cuts to Medicare, Medicaid and Social Security.”

“In the aftermath of the 2008 financial crisis, the Obama administration allowed millions to lose their homes in order to “foam the runways” for the banking system, while the Republicans cynically weaponized deficit and debt hysteria in order to deny the Democrats the political credit of a more successful recovery.”

“…much of the suffering attributable to this pandemic will not come from people directly contracting the virus, but from our collective failure to provide adequate care and support to the elderly, the physically vulnerable, the poor, and people in less fortunate countries during their hour of need. The virus itself may be a novel twist, but the broader story is regrettably all too familiar.”

Biden, in the debates, “…acknowledged that upon entering office in 2009, he and President Obama were informed by the Department of Defense that climate change was the single greatest threat to American national security—a point Sanders has been making for years. However, when the moderators pointed out that his climate plan was $14 trillion less than Bernie’s, he retreated into defensive bluster and nostalgic promises to restore the 2016 Paris Agreement. Gone was the sense of existential urgency and ambition that had animated his earlier remarks about the coronavirus.

“…whatever it takes means embracing the inevitability of a head-on conflict with the self-interest of concentrated private capital. A few months ago, it would have sounded extreme to propose placing Amazon, Walmart, Netflix, Uber, and American Airlines under public ownership. But today the socially contingent nature of these corporate behemoths—from their financial engine, to their workforce, to the goods and services they provide—has been laid bare. If luxury perfume companies like Christian Dior and Givenchy can be repurposed to make hand sanitizer to save lives, surely we can consider the same for the companies responsible for essential basic staples such as food, ventilators, and toilet paper. We want clean hands. But we also want bread, roses, and the means to wipe our asses.”

 

 

 

 

 

 

 

 

 

 

 

 

Why Free Market Capitalism Will Bury Us, Literally

capitalism

Amid the absurdly trivial corporate media coverage of the Coronavirus crisis, are stories that slip by unnoticed.  One of them is another investigation, another investigation by a congressional subcommittee about whether “the U.S. government is paying too much for ventilators made by a Dutch company that received millions in tax dollars to develop an affordable one for pandemics, but is now charging quadruple the price under a new deal.”

The deal for the ventilators was struck between the Department of Health and Human Services and the U.S. Division of the Dutch Company.  (See other stories in Propublica).

In 2014, the agency’s Biomedical Advanced Research and Development Authority (BARDA) struck a $13.8 million deal with the company to develop ventilators for the Strategic National Stockpile. Based on the advice of experts, the agreement called for the devices to be low cost, portable, durable and easy to use by personnel with limited medical training.

Once Philips’ Respironics division received clearance for that ventilator from the Food and Drug Administration last year, BARDA ordered 10,000 of them for $3,280 each — a price agreed upon when Philips entered into the original deal in 2014.

As Propublica previously reported, Philips never produced any of those devices for the stockpile. Instead, as the coronavirus spread, the company manufactured commercial versions of the ventilator at its factory outside Pittsburgh and sold them for far higher prices overseas. Then, rather than pushing the company to accelerate the delivery of the ventilators developed for the stockpile, HHS this month agreed to buy 43,000 of the commercial version at a price of $15,000 per ventilator.

But once Philips got the crucial FDA clearance for the new design, Rep. Raja Krishnamoorthi said, “they turn around — at the very time we most need these ventilators — and use the fruits of taxpayers’ dollars to essentially sell a high-margin version of what taxpayers wanted to foreign consumers and deprioritized the sales of what taxpayers wanted.”

Notes:

Contact  Rep. Raja Krishnamoorthi, who chairs the Subcommittee on Economic and Consumer Policy. The subcommittee falls under the House Committee on Oversight and Reform.

Article: Callahan, Patricia and Sebastian Rotella (4/16/20) Congress is investigating…” Propublica

 

Bonfire of the Vanities: The Corporate Free-For-All

Mitch McConnell
Senate Majority Leader Mitch McConnell of Ky., right, walks to meet with Senate Republicans on Capitol Hill in Washington, Friday, Jan. 31, 2020, after the Senate voted to not allow witnesses in the impeachment trial of President Donald Trump on charges of abuse of power and obstruction of Congress. (AP Photo/ Jacquelyn Martin)

Today’s press conference was even more useless than usual.  Trump has decided to launch some kind of drug war in the middle of the Coronavirus crisis.  I sat and looked into the eyes of the men behind him, men who were uniformly congratulating him, complimenting him, carrying out his will.  Every one of them is dangerous and every one of them needs to be in jail.

And, the press conference was no different from the past ones in that it reinforced the notion that:

-government is there to conduct a prolonged ad for big corporations;

-government has no role in helping people during a crisis;

-science is a hoax;

-the role of the government is to propagandize people into doing things against their self-interest.

Additional Notes from Today:

  1. Lt. Gen. Honore maintained in an interview this week that we have models, models which show from Day 1 what to do in this type of crisis.  I don’t, he said, know why we are not using them.
  2. The EPA is rolling back emissions standards put in place during the Obama Administration.  The federal government, in the middle of a pandemic has time to do the bidding of corporations and lobbyists to make it possible for them to poison us and make more money.
  3. Honore was cautioning in the interview he did with Craig Melvin of MSNBC, that we needed to keep our minds on the inevitable corruption that is going to come along with this crisis.  He noted that pollution affects people of color and poor people more than others.
  4. Reuters (3/31/20) is reporting that this change in efficiency standards will “save automakers upwards of $100 billion in compliance costs.”
  5. This Coronavirus crisis is a Bonfire of the Vanities for corporate interests.
  6. It will be a disaster for the rest of us if we don’t stand up and make them stop.

But, as Sen. Cassidy (and the rest of the Repubican Party) maintain: Capitalism will handle it.

 

 

 

“Capitalism will handle it.” Right.

burr, richard

Interviewed on CNN today, a Republican member of congress dismissed the widespread alarm among the medical profession about the shortage of masks and other protective equipment for use combating the corona virus.  “Capitalism,” he said “will handle it.”

But, the corona virus crisis is a textbook example of the failure of capitalism to handle the corona virus crisis and the other underlying crises that have plagued this society for decades.

Republicans are illustrating hourly exactly what is wrong with free-market capitalist solutions to problems created by free-market capitalism.

Let’s just look at one example.

PROFITEERING

  • On 20 March 2020, it was reported that four senators (Burr, Leoffler, Inhofe and Feinstein) were selling off stock after receiving briefings about how serious the impact of the corona virus was going to be.
  • Burr and Loeffler went public with statements seeking to calm the populace about the threat of the pandemic while they were busily selling stock to cushion the blow for themselves.
  • Burr’s case was especially egregious. Burr, as Chairman of the Senate Intelligence Committee, received briefings that included the country’s most classified information about the security threat of the virus.
  • And, Burr (in a recorded talk to his wealthy donors on February 27, 2020) warned of the serious implications of the outbreak at a time when he was seeking to calm the fears of the general population by telling them that the Trump administration had everything in hand. While reassuring the general public, to his wealthy donors, Burr was comparing the corona virus to the “1918 pandemic.”
  • Burr maintained that he was using only publicly available information, but he would, wouldn’t he? He also claimed that the event at which he informed party insiders was not an event for his wealthy donors.
  • NPR, however, reported that it had obtained a copy of the RSVP list for the event and that it included dozens of invited guests representing companies and organizations from North Carolina. The companies or their political committees donated more than $100,000 to Burr’s election campaign in 2015 and 2016 (NBC News)
  • The same day Burr was giving this speech, Trump was telling reporters that the corona virus was “going to disappear.” (NBC News)
  • In early February, Burr, co-wrote an op-ed for Fox News in which he said “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus.” In mid-February he started to unload the stocks.  The unloading was about a week before the markets started to plunge (NBC News 3/20/20).
  • One of the stocks Burr unloaded was shares in Wyndham Hotels and Resorts, which has now lost two-thirds of its value according to ProPublica. Burr dumped shares of another hotel chain, Extended Stay America. (NBC News 3/20/20)
  • It is Democrats who are calling for investigations, and also a Democrat (Alexandria Ocasio-Cortez) who is calling for Burr’s resignation and a law preventing legislators from owning stock.
  • Alexandria Ocasio-Cortez said on Twitter that as chairman of the Intelligence Committee, Burr “got private briefings about Coronavirus weeks ago. Burr knew how bad it would be. He told the truth to his wealthy donors, while assuring the public that we were fine. THEN he sold off $1.6 million in stock before the fall. He needs to resign.” (NBC News 3/20/20)
  • We know about these stock sell-offs only because of a law requiring the legislators to report their stock dealings. Why not a law prohibiting them from owning stock while serving?

Sources

Gregorian, Dareh (3/20/20) “Burr, other senators…” NBC News.

Capitalism is the Crisis: The Repubicans Paved the Way for This

burr, richard

This afternoon, Jason Easley (3/19/20) at Politicsusa reported that Sen. Richard Burr, Chairman of the Senate Intelligence Committee, was dumping $1.6 million in his own personal stock at the same time he was publicly reassuring the American people that their government had the coronavirus well in hand.

Burr was also warning his rich donors that this virus was likely to rival the 1918 flu virus that caused widespread devastation, thereby alerting them that they should scurry like rats leaving a sinking ship.  Burr, as head of the Intelligence Committee, was receiving daily updates (which included some of the nation’s most highly classified information) on the status of the virus and the extent of the threat to US security.

If the American people aren’t not furious about this, they should be.  They are losing their jobs, their financial security, and their retirement investments while a Republican member of Congress trades off his position to evade something like a 30% loss on his stocks.

As Miriame Kaba, an organizer recently interviewed on “The Intercept” stated, “capitalism is the crisis.”

This country has been thrown into social and economic turmoil by a group of people who have been telling the rest of us that the markets would take care of everything and that the individual pursuit of profit would make us free.  Meanwhile, they are busily trying to make money off the crisis.

If there is anything positive to be gleaned out of this crisis, it is the hope that people will finally realize that we are under the rule of  what Sarah Kenzior calls a crime syndicate posing as a government.  This includes not just Trump and his family.  This includes most of the members of the Congress as well.

I would be willing to bet that none of the corporate news media outlets will cover this story.  They will, instead, run video after video of reporters walking backward in grocery stores telling us that the shelves are empty as if this was edifying in any way.

Trump said today that the federal government was not a “shipping clerk.”  What he meant was that people were on their own, they couldn’t count of the federal government, their government, the government that they fund, to help them out.

We have no reason to be surprised.  Anyone could have seen this crisis coming.  It was never a question of whether, it was a question of when.  Experts in the field warned of the likelihood of a pandemic and people lived through an ebola crisis.

But for decades, the Republican party has been paving the way for just such a crisis.  They are the party that denigrates and ridicules science, reason, government, and expertise.  Why would anyone voting Republican expect anything different?

We are told we live in the richest, best country in the world, but we can’t afford testing kits to establish the severity of a pandemic.

 

Just Another Coinkydink: There are so many coincidences. Don’t believe in conspiracy theory.

 

Mitch McConnell

  • In September, Mitch McConnell announced that he would block a bill  to lower prescription drug costs.
  • By the end of December McConnell had raked in more than $50,000 in contributions from political action committees and individuals tied to the pharmaceutical industry.
  • The bill that would have allow the federal government to negotiate prices for Medicare, restrict price hikes and limit out-of-picket costs.
  • McConnell called this “socialist price controls.”
  • 80% of Americans believe that it is only right to have the federal government negotiate prices with the Drug Companies.
  • Mitch McConnell says no.
  • Then,
  • “On Oct. 16, McConnell received a $2,500 check from Takeda Pharmaceuticals’ political action committee, according to McConnell’s reports to the Federal Election Commission.
  • The same campaign finance filings show that a few weeks after that, multinational pharmaceutical company Novartis’ PAC also sent $2,500 to McConnell. Then, a PAC for another pharma company, Emergent BioSolutions, kicked in $2,500.
  • By the end of December, McConnell’s campaign reported, he had received at least $30,000 more from the corporate political action committees of Bluebird Bio ($2,500), Boehringer Ingelheim ($5,000), Greenwich Biosciences ($2,500), Teva USA ($10,000), and UCB ($2,500).
  • According to filings from his Bluegrass Committee leadership PAC, Merck & Co. also contributed $5,000 to support McConnell and Sanofi donated $2,500.
  • Over that time period, McConnell’s campaign also received $5,000 from Gilead Sciences CEO Daniel O’Day, $2,000 from Amgen lobbyist Helen Rhee, and $5,600 from his former policy director and current Pharmaceutical Research and Manufacturers of America registered lobbyist Hazen Marshall
  • Amgen, Boehringer Ingelheim, Gilead Sciences, Merck, Novartis, Sanofi, Takeda, Teva, and UCB are all members of the Pharmaceutical Research and Manufacturers of America, which has said the bill would have a “devastating effect on the industry” and would cause fewer treatments to be developed.”

But, least you all be consumed by CONSPIRACY THEORIES, all claim that there is no connection between the donations to McConnell and “positions taken on specific legislation.”

Please, don’t be a fool.  Vote Republicans out of office.  We have to end this government by corporations.  And, just another plea: don’t let the words: “I don’t believe in conspiracy theories” come out of your mouth.  Do you know how much money these corporations and the right have spent to have that scripted statement come out of our mouths?

the American Independent (2/18/20)  https://americanindependent.com/mitch-mcconnell-pharmaceutical-industry-donations-prescription-drug-costs-senate-gop-republicans/