The beginning of the end of capitalism?

Americans have been taught — indoctrinated, perhaps — to think of the economy as capitalism. Quite literally: if capital returns are high — which is what all the above really measure — then Americans suppose the economy is booming. But capital returns — profits, dividends, stock markets, GDP (or their opposites, deficits) — are not the economy at all. They are just the success of capitalists, at increasing their capital.

Nick Robson's Blog

Does the gilet jaune movement signal the start of a resistance movement against capitalism?

Respect my existence or expect my resistance,http://bit.ly/2Gkjqya

[Martin Luther] King correctly judged, however, that real and lasting equality required the reform of capitalism ? a change in the system itself.http://bit.ly/2rzzEJi

Isaac Asimov Came up with the Three Laws of Robotics in his 1942 short story “Runaround”, as a safety feature for the terrifying idea of autonomous robots, or today’s ideas of autonomous drones and weapons platforms. However, there are many of us that fear capitalism as much as we fear intelligent drones.

I have therefore, adapted Asimov Laws of Robotics as the Four Laws of Capitalism;

1. A corporation may not injure human beings physically, mentally or economically or, through inaction, allow human beings to come to harm.

2. A corporation may obey orders given it by human beings except where such orders…

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This Radical Plan to Fund the ‘Green New Deal’ Just Might Work

A network of public banks could fund the Green New Deal in the same way President Franklin Roosevelt funded the original New Deal. At a time when the banks were bankrupt, he used the publicly-owned Reconstruction Finance Corporation as a public infrastructure bank.

WEB OF DEBT BLOG

With what Naomi Klein calls “galloping momentum,” the “Green New Deal” promoted by newly-elected Rep. Alexandria Ocasio-Cortez (D-NY) appears to be forging a political pathway for solving all of the ills of society and the planet in one fell swoop. It would give a House Select Committee “a mandate that connects the dots between energy, transportation, housing, as well as healthcare, living wages, a jobs guarantee” and more. But to critics even on the left it is just political theater, since “everyone knows” a program of that scope cannot be funded without a massive redistribution of wealth and slashing of other programs (notably the military), which is not politically feasible.

Perhaps, but Ocasio-Cortez and the 22 representatives joining her in calling for a Select Committee are also proposing a novel way to fund the program, one which could actually work. The resolution says funding will primarily come from the federal…

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Leonard Peltier: Political Prisoner

Incident at Olgala: The Leonard Peltier Story

Michael Apted (1992)

Film Review

This documentary, narrated by Robert Redford, describes the framing of American Indian Movement (AIM) leader Leonard Peltier for the murder of two FBI agents. Essentially a political prisoner, Peltier is currently serving two consecutive life sentences.

The charges arose out of a June 1975 firefight in Jumping Bull on the Pine Ridge reservation in North Dakota. The film portrays quite vividly the regime of terror gripping Pine Ridge between 1973-75. It was overseen by corrupt Bureau of Indian Affairs (BIA) appointee Dick Wilson, with the support of BIA police. In 1973 Lakota elders, who were the primary targets of Wilson and his “goon squads” approached the national American Indian Movement (AIM) leadership for support.

By mid-1975, the reservation was in a state of virtual war, with more than 60 unsolved murders and frequent firefights like the one that occurred in Jumping Bull.

Based on this background, Pelter’s co-defendants Daryl Butler and Bib Ribideau won acquittal on their first degree murder charges. Given the two FBI agents were in civilian dress, unknown to the defendants and drew their guns on them, the jury found Butler and Ribideau were merely defending themselves in firing their weapons.

Peltier, who had to be extradited from Canada, was assigned a different judge. By the time of his trial in 1997, the FBI had clearly doctored the ballistics evidence and browbeat and intimidated two eyewitnesses into changing their statements.

Peltier’s arrest and trial occurred during a period when the FBI  see The FBI’s War on Black People) was hoping to kill off both AIM and the Black Panther Party by decimating their leadership – through covert assassination and arresting as many as possible on phony charges.

The film can’t be embedded for copyright reason but can be seen free at Incident at Olgala

Canadian Study Links Fluoride to Increasing Rate of ADHD in Children

Increasing body of evidence suggests developing fetal nervous system may be negatively affected by higher levels of fluoride exposure.

Nwo Report

Phillip Schneider, Contributor
Waking Times

ADHD is one of the most common issues with children these days. According to 2016 data from the CDC, approximately 2.4 million children ages 6-11 have ADHD in the US and that number tends to increase over time. Seeing as though it’s very hard to treat and affects so many kids, wouldn’t a better solution be to prevent it altogether?  Ridding the world entirely of ADHD might be a bit of a stretch but learning what causes it and minimizing exposure is a much more reasonable solution. Some causes may be obvious, such as head injuries or genetics, but others may be less conspicuous such as exposure to the sodium fluoride found in most tap water. 

A new study from the University of Toronto is shedding light on the impact that water fluoridation may have on rates of childhood ADHD. According to…

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California Devastated Utility Proposes $2 Billion Rate Hike To Fund “Wildfire Safety”

Source: Zero Hedge

One month after the stock and bonds of troubled California Utility Pacific Gas & Electric cratered after the company hinted of a liquidity crisis as a result of mounting legal obligations following California’s destructive Camp Fire, shocking and infuriating its investors… … PG&E is now set to reap the ire of its clients as well after a demand for a rate hike of almost $2 billion from customers, saying more than half will go toward wildfire safety.

In a proposal submitted late last week to the California Public Utilities Commission, PG&E asked for $1.1 billion in new revenue in 2020, including $576 million for the Community Wildfire Safety Program, $273 million toward liability insurance, and $209 million for core gas and electric operations. The proposal also asks for another $454 million in 2021 and $486 million in 2022. If the commission approves the hike, California clients of PG&E could see their bills jump more than $10 a month, a troubling development for Californians who already pay one of the highest prices in the nation for electricity.

According to the US Energy Information Administration, last year’s average monthly bill was $101.49. PG&E claims the money for the Community Wildfire Safety Program would go toward reducing wildfire threats. According to Fox6, parts of those efforts will include installing “stronger poles, introducing technology to respond faster to fallen power lines, enhancing weather forecasting models, and increasing coverage in high-threat areas by adding close to 600 cameras.”

“We understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve,” PG&E Senior Vice President of Energy Supply and Policy Steve Malnight said in a news release. “As California experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers. The prudent investments we are proposing will help build a safer and more resilient energy system for the future.” While the explanation will hardly mollify the angry clients, PG&E’s legacy liquidity problems still remain as the proposal does not include money for potential claims from the 2017 and 2018 California fires, PG&E said.

The proposed rate increase will have an even more difficult time to pass in light of the company’s operational negligence to date. A class action lawsuit filed last week accuses the utility of negligence and poor maintenance of electrical infrastructure.

“Even though PG&E knew that its infrastructure was aging, unsafe, and vulnerable to weather and environmental conditions, it failed to fulfill these duties, and failed to take preventative measures in the face of known high-risk weather conditions, such as de-energizing its electrical equipment,” the lawsuit states. Another suit calls the Camp Fire an “inevitable byproduct of PG&E’s willful and conscious disregard of public safety.”

Meanwhile, as the company heads toward legal collision course which analysts believe will cost it tens billions, in a PG&E report this week the company outlined employee reports of damaged power towers minutes before the Camp Fire broke out. One employee called 911 the day the wildfire started after spotting flames close to a high-voltage tower in Butte County. That was 15 minutes after a transmission line went out near that location.

On Wednesday, the state’s insurance commissioner reported $9 billion in insured losses from the 2018 wildfires. “The tragic deaths of 88 people and over $9 billion in insured losses to date are shocking numbers — behind the insured loss numbers are thousands of people who’ve been traumatized by unfathomable loss,” Insurance Commissioner Dave Jones said. The utility could see $26.5 billion in liability costs, co-head of Utilities, Power Equipment & Renewable Energy at SSR, Hugh Wynne said. It might be less if the company isn’t found to have started one or more of the 2017 and 2018 fires, although according to its own admission at least in regard to the latter, that seems unlikely [. . .]

Source: California Devastated Utility Proposes $2 Billion Rate Hike To Fund “Wildfire Safety”

China Set to Shock Markets with Low Glyphosate Residue Limits in Food Imports

China’s action would likely decrease the global use of glyphosate as a desiccant. The practice, known as desiccating, pre-harvest spraying or crop topping, is favored by many ‘conventional’ farmers as a way to hasten the even ripening of grains, legumes and other crops.

AGR Daily 60 Second News Bites

China Set to Shock Markets with Low Glyphosate Residue Limits in Food Imports

China is set to introduce maximum residue limits (MRLs) of 200 parts per billion (ppb) or lower for glyphosate in all imported final food products and raw materials including grains, soybeans and other legumes before the end of 2019, according to Sustainable Pulse sources.

The Chinese introduction of low MRLs, which are officially based on health concerns following the classification of glyphosate as a probable human carcinogen in 2015 by the International Agency for Research on Cancer, has been expected by both U.S. and Australian farming organizations for some time.

SEE: Iran Is Labeling GMOs So Is America Really The Land Of The Free?

China’s action would likely decrease the global use of glyphosate as a desiccant. The practice, known as desiccating, pre-harvest spraying or crop topping, is favored by many ‘conventional’ farmers as a way to hasten…

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In 2019, Scientists Funded by Bill Gates to Spray Particles Into the Sky in First Experiment to Dim the Sun

Quote

It’s been going on for several decades, this “experiment” is soft social conditioning. Notice how the public has no say at all in any of this…~TS

In 2019, researchers plan to spray particles into the stratosphere to test the geoengineering method of dimming the sun.

By Matt Agorist | The Free Thought Project

The controversial subject of geoengineering or weather modification – which was popularized, and oversimplified with the term “chemtrails” – is once again stepping from the shadows and into the light of public scrutiny. And it may soon be a reality as scientists plan first-ever experiment to spray particles in the sky to dim the sun.

What was once a conspiracy theory is now the subject of congressional debate, peer-reviewed studies, and now a Harvard experiment. Harvard scientists will attempt to replicate the climate-cooling effect of volcanic eruptions with a world-first solar geoengineering experiment set for early 2019.

What was once a conspiracy theory will soon be a reality, in only months.

Known as the Stratospheric Controlled Perturbation Experiment (SCoPEx), the experiment will spray calcium carbonate particles high above the earth to mimic the effects of volcanic ash blocking out the sun to produce a cooling effect.

The experiment was announced in Nature magazine last month, who was one of few outlets to look into this unprecedented step toward geoengineering the planet:

“If all goes as planned, the Harvard team will be the first in the world to move solar geoengineering out of the lab and into the stratosphere, with a project called the Stratospheric Controlled Perturbation Experiment (SCoPEx). The first phase — a US$3-million test involving two flights of a steerable balloon 20 kilometres above the southwest United States — could launch as early as the first half of 2019. Once in place, the experiment would release small plumes of calcium carbonate, each of around 100 grams, roughly equivalent to the amount found in an average bottle of off-the-shelf antacid. The balloon would then turn around to observe how the particles disperse.”

Naturally, the experiment is concerning to many people, including environmental groups, who, according to Nature, who say such efforts are a dangerous distraction from addressing the only permanent solution to climate change: reducing greenhouse-gas emissions.

The idea of injecting particles into the atmosphere to cool the earth also seems outright futile considering what scientists are trying to mimic—volcanic eruptions. If we look at the second largest eruption of the 20th century, Mount Pinatubo, which erupted in the Philippines in 1991, it injected 20 million tons of sulfur dioxide aerosols into the stratosphere. Scientists from the USGS estimated that this 20 million tons only lowered the temperature of the planet by about 1°F (0.5°C) and this only lasted a year because the particles eventually fell to back to Earth.

The Harvard team, led by scientists Frank Keutsch and David Keith, has been working on the SCoPEx project for several years but they haven’t always been in total agreement. In fact, as nature reports, Keutsch—who is not a climate scientist—previously thought the idea to be “totally insane.” But he’s since changed his mind. As Nature reports:

“When he saw Keith talk about the SCoPEx idea at a conference after starting at Harvard in 2015, he says his initial reaction was that the idea was “totally insane”. Then he decided it was time to engage. “I asked myself, an atmospheric chemist, what can I do?” He joined forces with Keith and Anderson, and has since taken the lead on the experimental work.”

Adding to the questionable nature of this experiment is the fact that it is largely funded by none other than Microsoft co-founder, Bill Gates. Gates is no stranger to controversial experiments as he’s publicly funded many of them including one that would implant devices into babies to automatically give them vaccines. 

While the Harvard team’s experiment may sound like something out of a dystopian science fiction movie, the reality is that it has long been on the table of governments and think tanks from around the world. In fact, just last month, a new study published in Environmental Research Letters, talked about doing the exact same thing—geoengineering and planes spraying particulates into the atmosphere to curb global warming.

What’s more, that study echoed the sentiments of then-CIA director John Brennan when he addressed the Council on Foreign Relations in 2016, detailing a similar process of spraying chemical particulates in the atmosphere to cool the planet.

At the meeting, Brennan addressed instability and transnational threats to global security at a meeting with the Council on Foreign Relations. During his long-winded talk of threats to US interests and how the largely CIA-created ISIL threat is impacting the world, Brennan brought up the topic of geoengineering:

“Another example is the array of technologies—often referred to collectively as geoengineering—that potentially could help reverse the warming effects of global climate change. One that has gained my personal attention is stratospheric aerosol injection, or SAI, a method of seeding the stratosphere with particles that can help reflect the sun’s heat, in much the same way that volcanic eruptions do.”

Brennan went on to echo the calls from some scientists who have called for aerial spraying:

“An SAI program could limit global temperature increases, reducing some risks associated with higher temperatures and providing the world economy additional time to transition from fossil fuels. The process is also relatively inexpensive—the National Research Council estimates that a fully deployed SAI program would cost about $10 billion yearly.”

The extent at which Brennan talked about stratospheric aerosol injection shows that he and the CIA have likely been considering this for some time [. . .]
 

 

via In 2019, Scientists Funded by Bill Gates to Spray Particles Into the Sky in First Experiment to Dim the Sun — A Sweet Dose of Reality | The Mad Truther