On May 28, 2020, John Lonski, chief economist at Moody’s Capital, said:
Both the troubling outlook for debt repayment and the unfinished hammering of an already weak labor market underscores the highly speculative nature of the latest rallies by equities and corporate bonds. In addition, corporate earnings have yet to escape from a now deep contraction.1
Third degree murder for 3/5 for a devalued life
Knee in throat air gone, gasping dying under the color of law!
George Floyd had no chance! The gang of state sponsored assassins had already signed his death warrant!
They think we should be grateful for watered down justice that has not and will never be color blind!
Cry out! Resist! Don’t make excuses or apologies for race-based killings!
Don’t attack those who dare to put their lives on the line to declare: George Floyd’s life mattered. Black Lives Matter—a just demand!
On the menu: tornado with COVID-19 on the side Since I started News Junkie Post, eleven years ago, I have, as a rule, avoided the first person narrative. In my mind, there is a simple reason for an aversion for the “me, myself, and I” type of storytelling so widespread in our culture. The first […]
As the US continues to be ravaged by the SARS-CoV-2 pandemic, the country remains in lockdown, a morbid irony of which is that we appear to have traded COVID-19 deaths for suicides. The catastrophe has laid bare the cruelties of neoliberalism, yet this has not stopped the media from unleashing a barrage of misinformation, blaming the disaster on the president, racism, and the Chinese, interspersed with other creative attempts at scapegoating.
With the specter of a New Great Depression hovering over most of the planet, realpolitik perspectives for a radical change of the political economy framework we live in are not exactly encouraging.
Western ruling elites will be deploying myriad tactics to perpetuate the passivity of populations barely emerging from de facto house arrest, including a massive disciplinary – in a Foucault sense – drive by states and business/finance circles.
Statement of New Socialist Initiative (NSI) on India’s ‘war against Covid 19’ # Today, India has emerged as a new epicentre for the novel corona virus in the Asia Pacific region.With 1,58,333 confirmed cases of Covid 19 and deaths of total of 4,531 people after contracting the virus, it has already crossed China’s Covid-19 numbers. … Continue reading Crisis for the People, Opportunity for the Corporate-Government Nexus : NSI →
Christian Sorensen’s ambitious Understanding the War Industry documents the US war economy with zest. It’s a dull, monotonous topic but vitally important, and he manages to make it interesting. You see the military-industrial-political complex as a vast, complex hive, embedded in the larger economic monster called the United States.
