Daily Archives: January 28, 2022

2022-01-28: News Headlines

WSWS (2022-01-28). Israel's labour court bans teachers from striking in opposition to soaring Omicron infections. wsws.org Teachers and educators at all public kindergartens and schools, excluding special education schools, had been set to hold a protest strike yesterday.

Heiner Flassbeck (2022-01-28). Can economy and ecology be reconciled? indybay.org The Corona-related shutdown, imposed by the state and whose effects are to be dampened by the state with enormous sums of money, will go down in history as the classic example of how states create unhappiness and unemployment with unilateral interventions in the economy.

Robert Reich (2022-01-28). The Curse of Financial Entrepreneurship. indybay.org We are not prisoners of bad decisions made in the past. We can and should rein in Wall Street, break up its five giant "too-big-to-fail" banks, support local and state banks, resurrect the Glass-Steagall Act's divide between investment & commercial banking, tax all financial transactions — and rebuild jobs and wages on the product side of the American economy.

Editor2 (2022-01-28). Economic Growth Returns to Venezuela: Interview. orinocotribune.com We spoke to Jesus Rodriguez-Espinoza, editor of the Caracas-based

TASS (2022-01-28). US may provide additional economic aid to Kiev, Biden tells Zelensky. tass.com President Biden noted the United States has provided Ukraine with over half a billion dollars in development and humanitarian assistance in the last year…

WSWS (2022-01-28). IMF cuts global growth forecast as Omicron spreads. wsws.org The global economic losses from the pandemic, resulting from the refusal of governments to take effective action to eliminate it, are estimated to be in order of $13.8 trillion.

David P Goldman (2022-01-28). Hiking US rates will only make inflation worse. asiatimes.com The Federal Reserve has unsettled world stock markets by signaling a blunder in monetary policy. Raising interest rates won't reduce inflation. If anything, raising interest rates will make inflation worse. This isn't a conventional business cycle where excess credit leads to heightened demand for goods and services. It's a supply-side crisis. Interest rate policy is …

Labor rise for sustainability (2022-01-28). Friday 2/4: Transit Equity Day – Join Bay Area-wide lunchtime zoom event & action! indybay.org register for zoom meeting bit.ly/Transitequity

Internationalist 360 ∞ (2022-01-28). Marxism and the Black Caribbean. libya360.wordpress.com Transcript Onye: The main impact of anti-communism and online left discourse has been serious strikes to principled anti imperialism, particularly in Western nations like the United Snakes. You get to the point where China, for example, or Cuba or Vietnam have clearly managed the pandemic much better: have prioritized the health and well-being of their populations,…

Internationalist 360 ∞ (2022-01-28). Conversations on the Sudan Coup. libya360.wordpress.com Kribsoo Diallo This interview was originally published on Toward Freedom. It's part of a 2 of a two-part series on the Sudan coup. The first part can be read here. Certain interviewees chose to use their first name or initials because of security risks. Muzan Alneel, Marxist Political Activist and Blogger___ Krisboo Diallo: What is your opinion about the…

Staff (2022-01-28). Honduras hacia una refundación socialista y democrática. cubadebate.cu Junto a Bolivia y Venezuela, Cuba estuvo entre las naciones hermanas de Honduras que más fue vitoreada por los miles y miles de personas que desde la noche del miércoles hicieron filas en las entradas del principal estadio de fútbol de Tegucigalpa para participar en la toma de posesión de la primera mujer en asumir ese cargo en la historia local.

Alex Bainbridge (2022-01-28). Kuku Yalanji woman Pat O'Shane: 'I'm fired up about education, injustice and sovereignty'. greenleft.org.au Distinguished Kuku Yalanji woman Pat O'Shane is running for Socialist Alliance in the seat of Leichhardt. A retired barrister and a former New South Wales magistrate, she spoke to Alex Bainbridge about what fires her up and why she decided to contest the federal election.

Editor (2022-01-28). Mike Taber (ed) — Under the Socialist Banner: Resolutions of the Second International, 1889-1912. mronline.org Mike Taber has edited for the first time the resolutions adopted between 1889 and 1912 by the nine congresses celebrated by the Socialist International, which is also known as the Second International.

Party for Socialism, Liberation (2022-01-27). PSL Statement: No War on Russia! Abolish NATO! liberationnews.org The Party for Socialism and Liberation condemns the anti-Russia campaign and calls for an end to the imperialist NATO alliance.

WSWS (2022-01-27). UK: "Partygate" report delayed as Johnson seeks political survival through warmongering and untrammelled COVID herd immunity. wsws.org Johnson stood his ground on his ability to "deliver" the policies dearest to the heart of the Tory right-wing, historically Brexit and today the reopening of the economy and assuming a leading role in US-led military provocations against Russia.

WSWS (2022-01-27). Australian Labor leader offers to use pandemic crisis to restructure economy. wsws.org Albanese, who as opposition leader has backed the profit-driven "live with the virus" drive, made no mention in his National Press Club speech to the huge wave of infections that it has unleashed.

Amy Goodman (2022-01-27). The Federal Reserve Has Fueled Wall Street at the Expense of the Rest of Us. truthout.org As the Federal Reserve signals it will raise interest rates in March, we talk to Christopher Leonard, author of the new book The Lords of Easy Money, about how the Federal Reserve broke the American economy. He details the issues with quantitative easing, a radical intervention instituted by the federal government in 2010 to encourage banks and investors to lend more risky debt to combat the recession. "The Fed's policies over the last decades have stoked the world of Wall Street," says Leonard.

Staff (2022-01-27). "The Lords of Easy Money": How the Federal Reserve Enriched Wall Street & Broke the U.S. Economy. democracynow.org As the Federal Reserve signals it will raise interest rates in March, we talk to Christopher Leonard, author of the new book "The Lords of Easy Money," about how the Federal Reserve broke the American economy. He details the issues with quantitative easing, a radical intervention instituted by the federal government in 2010 to encourage banks and investors to lend more risky debt to combat the recession. "The Fed's policies over the last decades have stoked the world of Wall Street," says Leonard. "It has pumped trillions of dollars into the banking system and thereby inflated these markets for stocks, for bonds.

WSWS (2022-01-27). Workers devastated as UK cost-of-living crisis worsens. wsws.org An economist at recruitment firm Indeed Hiring Lab said that despite increased demand in some job sectors as the economy opened up, "we're not seeing any signs of any real gains for the average worker, which is concerning given the squeeze on energy bills and the general cost of living."

Owen Fairclough (2022-01-27). U.S. economic growth expected to slow in 2022. america.cgtn.com The U.S. economy roared back to life in 2021 with the fastest expansion for nearly 40 years. But the U.S. now has to juggle slower growth forecasts for this year and inflation at historic highs. CGTN's Owen Fairclough reports.

Michael Kramer (2022-01-27). Mali: Mass anti-imperialist mobilizations win Pan-African solidarity. workers.org Mass rally at Independence Square in Bamako, Mali's capital, on Jan. 14. An historic mobilization of the Malian people by the hundreds of thousands in support of the transitional government in Mali and against the severe economic sanctions and implied military threats imposed by the Economic Community of West African . . . |

Prof Michel Chossudovsky (2022-01-27). "Bastille 2022": Building a Worldwide Movement Against "Corona Tyranny" globalresearch.ca Bastille 2022 pertains to the restoration of fundamental rights. It seeks to reverse the criminal COVID-19 agenda which in the course of the last two years has triggered economic, social and political chaos Worldwide, coupled with bankruptcies, unemployment, mass poverty and despair.

Nan McCurdy (2022-01-27). Nicaragua Once Again Inaugurates the "People as President" dissidentvoice.org Family in Bismarck Martinez Housing neighborhood watch the inauguration and swear to fight with all their strength to eliminate hunger, poverty and backwardness. [Photo by Jairo Cajina] On January 10, Daniel Ortega was inaugurated President and Rosario Murillo was inaugurated as Vice President. The central event in the Plaza of the Revolution was accompanied by …

rebekah (2022-01-27). Why Are We Torching Our Best Tool to End Child Poverty? inequality.org

Staff (2022-01-27). Headlines for January 27, 2022. democracynow.org Supreme Court Justice Stephen Breyer to Retire, Handing Biden Chance to Nominate Replacement, U.S. and NATO Offer No Concessions to Russia in Standoff over Ukraine, U.S. Approves $2.5 Billion Arms Sale to Egypt Despite Human Rights Abuses, House Democrats Demand End to U.S. Servicing of Saudi Warplanes Used in War Crimes, 180 Killed as U.S.-Backed Forces Retake Syrian Prison Where Children Are Imprisoned, U.N. Renews Calls to Free Up Aid for Millions of Afghans Facing Starvation, Extreme Poverty, Global COVID Cases Break New Record as COVAX Falls Short on Vaccine Delivery Goal, Spotify Sides with Joe Rogan in Vac…

Steve Sweeney (2022-01-27). Vaccine internationalism: Cuba distributing 200 million doses to poor countries. peoplesworld.org Cuban plans to distribute 200 million doses of its homegrown COVID vaccine to lower-income countries were said to have reached a "historic turning point" on Tuesday. David Adler, who headed a Progressive International delegation to the socialist island, said the "lifesaving package" was an example of vaccine internationalism that saw public health "placed above private …

WSWS (2022-01-27). Fed set to lift interest rates amid concerns over "very, very tight" labour market. wsws.org Two conflicting assessments of the direction of Fed policy—one that it will back down from monetary tightening if the market falls, the other that it will be forced to press ahead because of inflation and wage demands—were evidenced by the swings on Wall Street in response its meeting.

_____ (2022-01-27). Bus Drivers Go On Strike To Protest Low Pay. popularresistance.org Bus drivers in the Jefferson Davis County went on strike Friday morning after the school board approved paying $25 an hour to emergency drivers as an incentive to help with driver shortage. The item was approved 4-1 at a recent board meeting. "I have zero problem with having anyone that is willing to drive our busses," said District 2 School Board Member Bobby Wilson. "I do have a problem with $25 an hour. I would like to know why we are doubling the salary for certified personnel to drive versus the $12-$15 for our regular drivers." | According to Superintendent Ike Haynes, the district is facing a severe labor…

Marilyn Bechtel (2022-01-27). Nuke treaty anniversary observed with calls for U.S. ratification. peoplesworld.org LIVERMORE, Calif. — As workers entered the west gate of the Lawrence Livermore National Laboratory on the morning of Jan. 21, they were greeted by protesters displaying 8-foot banners declaring, "World to U.S.: Nuclear Weapons are Illegal — Join the Treaty!" The demonstrators, from Tri-Valley Communities Against a Radioactive Environment, Women's International League for Peace …

Kelly Hayes (2022-01-27). Corporations Are Funding Police Repression. truthout.org From the Amazon to Hubbard County, Minnesota, corporations are funding the repression of protesters. In this episode of "Movement Memos," Kelly Hayes talks with Alex Vitale, author of The End of Policing, about the history and future of corporate collaborations with the police. Kelly also talks with attorney Mara Verheyden-Hilliard about newly exposed documents that reveal the lead prosecutor in Hubbard County sought corporate funding for the prosecution of Line 3 protesters. | TRANSCRIPT: | Note: This a rush transcript…

Dean Baker (2022-01-27). Washington Post Tries to Tell Readers that Fourth Quarter Jump In Inventories Was Due to Higher Prices. cepr.net Pretty much everyone looking at the 4th quarter GDP report ( "'The real driver of the retail inventory measurement was the dollar value, driven by new vehicle price inflation,' Smoke said. 'This does not mean that real…

Owen Fairclough (2022-01-27). U.S. raising interest rates to cool inflation. america.cgtn.com The U.S. Federal Reserve signaled it will raise its main interest rate in March and reduce the COVID-19 aid that helped stimulate hiring and spending but has also been blamed for driving the highest price rises in decades. CGTN's Owen Fairclough reports.

Peoples Dispatch (2022-01-27). Report: U.S. "maximum pressure" campaign driving inflation in Iran and other stories. peoplesdispatch.org Today we look at a report on the impact of U.S. sanctions on Iran; the week-long fighting between SDF and IS in Al-Hasakah, Syria; and more…

Karen Conner (2022-01-27). GDP Jumps to 6.9 Percent in Fourth Quarter 2021, Driven by Strong Inventory Growth. cepr.net Inventories grew at a $173.5 billion annual rate in the fourth quarter. | GDP grew at a 6.9 percent annual rate in the fourth quarter, somewhat faster than had generally been expected. However, inventory accumulations were the main factor driving growth. Final demand grew at just a 1.9 percent annual rate, as inventories added 4.9 percentage points to the quarter's growth. GDP is now 3.1 percent above its level in the fourth quarter of 2019, putting it just slightly below the pre-pandemic trend growth path. | Inventories Grow at Rapid Pace | Inventories shrank in the first three quarters of 2021, they rose at an…

_____ (2022-01-27). The Limits Of Privatized Climate Policy. popularresistance.org For many in the climate movement, Donald Trump's defeat in 2020 was a moment of euphoric optimism. With Joe Biden in charge, we could look forward to a possible return to climate action and diplomacy. No longer would policy be shaped by denialists, politicians proudly in Exxon's back pocket, and a media fixated on the "costs" of public investment. A year on, it's become easier to see the limits of the Biden administration's approach, and how little has really changed. | There have been moments of genuine ambition from the Oval Office. The clean electricity pledges of the fall 2021 budget package and the climate-r…

Kevin Mwanza (2022-01-27). Investor And NFL Player Ndamukong Suh Explains Why Solana Is Better Than Ethereum. moguldom.com NFL player Ndamukong Suh, a defensive end with 2021 Super Bowl Champion the Tampa Bay Buccaneers and a vocal player in the investment world, thinks Solana is better than Ethereum. Often described as the Ethereum Killer, Solana is credited with providing solutions — such as fast, cheap transactions — to some of the problems that …

Vijay Prashad (2022-01-27). Make the Whole World Know that the South Also Exists. dissidentvoice.org Shefa Salem (Libya), Life, 2019. On 19 January 2022, US President Joe Biden held a press conference in the East Room of the White House in Washington, DC. The discussion ranged from Biden's failure to pass a $1.75 trillion investment bill (the result of the defection of two Democrats) to the increased tensions between the …

WSWS (2022-01-27). Victimized Indian auto worker speaks in support of Global Workers Inquest into the COVID-19 Pandemic. wsws.org "The corporations and the governments," explains Balakrishnan, "are only concerned about accumulating profit, not the well-being and safety of people."

WSWS (2022-01-27). Victimized Indian autoworker speaks in support of Global Workers Inquest into the COVID-19 Pandemic. wsws.org "The corporations and the governments," explains Balakrishnan, "are only concerned about accumulating profit, not the well-being and safety of people."

_____ (2022-01-27). Indigenous Farmworkers Hold The Key To Healing Our Burning Planet. popularresistance.org Anayeli Guzman was born into a Mixtec-speaking Indigenous community in San Miguel Chicahua in Oaxaca, Mexico. Her family raised chickens on their land, and as a child she would help plant corn, squash and radishes. They ate handmade tortillas with beans, eggs and salsa. Her grandparents taught her to care for the land and to revere the rain. Few people worked for wages. Rather, families owned small plots and grew seasonal, drought-resistant crops, exchanged produce with nearby communities and helped each other with big projects. | After migrating to the United States to be with her husband, Anayeli (along with 11…

_____ (2022-01-27). The Surveillance And Policing Of Looted Land. popularresistance.org The Stop LAPD Spying Coalition is a community group rooted in the Skid Row community on Tongva/Gabrielino land, stolen territory known as Los Angeles. Over the past decade, we have been working to build power to abolish LAPD surveillance. This report grew out of that organizing and examines the relationships of policing and surveillance to displacement, gentrification, and real estate development. We study those relationships with a focus on the process that has always bound policing and capitalism together: colonization. | We often hear that police are an occupying army in our communities. Throughout the history…

Martha Grevatt (2022-01-27). China welcomes Chinese translation of 'Capitalism on a Ventilator'. workers.org We have very exciting news! The Chinese translation of "Capitalism on a Ventilator — The Impact of COVID-19 in China & the U.S." — originally published in 2020 by World View Forum as a joint project of the International Action Center and China-U.S. Solidarity Network — is out and being . . . |

WSWS (2022-01-27). JBS meatpacking worker killed in industrial accident in Grand Island, Nebraska. wsws.org The worker was identified as Esteban Mantilla, a 48-year-old Cuban immigrant and Grand Island resident.

WSWS (2022-01-27). JBS meatpacking worker killed in industrial accident in Grand Island, Nebraksa. wsws.org The worker was identified as Esteban Mantilla, a 48-year-old Cuban immigrant and Grand Island resident.

Ann Brown (2022-01-27). 7 Things To Know About Hereafter Farms: Black Americans Pull Resources To Collectively Buy And Develop Land In Georgia. moguldom.com Several Black families and individuals in 2021 teamed up to purchase land in Northern Georgia. In an effort spearheaded by two Nation of Islam members, the Hereafter Farms is getting underway. The goal of Hereafter Farms is for the families to live debt-free, to be collective landowners, learn to live off the farm to be …

Ann Brown (2022-01-27). Stocks Sell Off After Fed Decision And Jerome Powell Press Conference: Top Commentary. moguldom.com When Federal Reserve Chairman Jerome Powell speaks, the stock market listens and it didn't like what Powell said at his Jan. 26 press conference. Stocks fell off almost immediately. The Fed will most likely hike interest in March and end its bond purchases in March, Powell said during a press conference to issue the Federal …

Alyssa Doublet (2022-01-27). People's Housing Project in New Mexico demands rent control. liberationnews.org Housing can be a matter of life and death when landlords neglect repairs, preferring to cut costs rather than address tenants' serious needs for adequate, safe housing.

Tina Landis (2022-01-27). Overcoming climate nihilism and the duty of revolutionaries. liberationnews.org As revolutionaries, we are visionaries. How else could we fight for a socialist future without having a vision of a better world? Same goes for climate change. We must stop imagining the apocalypse and start imagining the eco-socialist future. It is key to getting there.

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