Category Archives: Wall Street

There will be blood, and, yes, we do need stinkin’ badges

This is a little soft-shoe pissed off blathering from me, so apologies up front. No big news on the Ukraine Invasion front, or the Gates Owning All the Farms front, or the Climate-Wall Street-Chronic Illness front. Nothing related to the MICIMATT (Military-Industrial-Congressional-MEDIA-Academia-Think-Tank) front. Just plain old burnt toast and spilled milk from a radical who has to still be in the job market at the tender age of 65.

Never in my imagination, just five years ago even, would I have figured I’d be here, that is, stuck in the USA, blessed to be in a relationship (it’s good, but again, people in my life do need me somewhat sane to handle varying degrees of their own trauma), and pigeon-holed as a malcontent who is also unemployable.

The fact that people in the fields I venture into are less than middling, and the fact that lives hang in the balance tied to vax mandates, and forced boosters, and proof of mRNA life (I hear people, through the fog of the propaganda madmen, that mRNA a la Pfizer and Moderna, is better than the J & J, Janssen, which is not the same vax, but is now being discontinued. Imagine, J & J was a single dose experimental jab, but the Mengele actors in the CDC and Big Pharma move the goal posts daily so J & J single dose, has to be seconded to be a full-vax record —  after a five month lapse between the two. However, the J & J is cancelled, no more manufacturing, so anyone trying to stay away from mRNA now, after their one shot of J & J has to submit to a completely different platform for this SARS-CoV2 mass experimentation game).

These are experimental. The blasphemy is, a, forced vaccinations on everyone, no discussion about the alternatives, or the safety; then, forcing these on youth, age six months; then, the lack of choice of all the vaxxes around the world, including China’s and Cuba’s; then, complete liability for death and injury for the big Pharma thugs; then, of course, we, the taxpayer foot the bill for R & D, for the salaries of these thieves, and then we buy the vials, and when they are contaminated, or when they expire, we end up watching 30 million doses down the drain, and then we, the taxpayer, foot the bill for the replacements. Money and more money, that is the planne pandemic.

Pre-Planned Demic — forced vaccinations for college students, and then, how many for kids going to kindergarten, K12, have to be vaxxxed? Then, the HPV, and I have written about that here —

“My Fate as a Social Worker Sealed by a Vaccine named Gardasil”

Death by a Thousand Cuts: When the Cures of Big Pharma are Worse than the Diseases”

I got screwed, blued and tatooed by the powers that be. Big Pharma, Planned Parenthood and the nonprofit industrial complex. Try that out for size!

So, what is in the discontinued Johnson & Johnson (J&J)/Janssen COVID-19 Vaccine?

Ingredients:

The J&J/Janssen COVID-19 vaccine contains a piece of a modified virus that is not the virus that causes COVID-19. This modified virus is called the vector virus. The vector virus cannot reproduce itself, so it cannot cause COVID-19. This vector virus gives instructions to cells in the body to create an immune response. This response helps protect you from getting sick with COVID-19 in the future. After the body produces an immune response, it gets rid of all of the vaccine ingredients just as it would discard any information that cells no longer need. This process is a part of normal body functioning.

Full list of ingredients: The J&J/Janssen COVID-19 vaccine contains the following ingredients:

A harmless version of a virus unrelated to the COVID-19 virus: Recombinant, replication-incompetent Ad26 vector, encoding a stabilized variant of the SARS-CoV-2 Spike (S) protein. Provides instructions the body uses to build a harmless piece of a protein from the virus that causes COVID-19. This protein causes an immune response that helps protect the body from getting sick with COVID-19 in the future.

Sugars, salts, acid, and acid stabilizer:

  • Polysorbate-80
  • 2-hydroxypropyl-β-cyclodextrin
  • Trisodium citrate dihydrate
  • Sodium chloride (basic table salt)
  • Citric acid monohydrate (closely related to lemon juice)
  • Ethanol (a type of alcohol)

These work together to help keep the vaccine molecules stable while the vaccine is manufactured, shipped, and stored until it is ready to be given to a vaccine recipient.

See the source image

Alas, I teach a class at the community college here, OCCC. One student asked first day of class who was vaccinated and boosted. I massaged that into, “Well, we have to wear masks, per college requirements, but there is not vax mandate. Best we not ask people personal questions about their health issues and decisions.”

My marching orders were that if I asked once and then twice for a student to mask, and if they refused, the course would be cancelled.

That is the absurdity of this entire dress rehersal for bigger and more systematic totalitarian methods of control. The mob, the bandwagon, the transfer of Fauci’s credentials to infer credibility. Pissing matches now on which vax and booster you get.

I do not know if many DV readers get the totality of this Western Mentality for Ordering People Around at work, school, in public, everywhere. Again, pre-SARS-CoV2, and conccurently — people I have gotten jobs for are working 14 hour shifts, in sub-freezing warehouses, moving frozen goods/foods along frozen floors with forklifts sliding all over the place. Imagine, coming home and still five hours after the shift frozen fingers and core temperature still not normal. Forced drug screening, forced background checks, forced credit checks, checks on prior evictions, driving record checks, physicals, all medications listed, reference checks, in-case-of-emergency references, and more, including being paid every two weeks, on a fucking Visa card.

Toil, weathering, mean as cuss bosses and supervisors, repetitive deadening work. No talking on the job. Keep those headphones and ear buds off. I’ve challenged the honchos driving up in Mercedes and Teslas how the hell do they look at themselves in the mirror at night or in the morning without seeing a monster of exploitation. Big jacked up $60,000 pickups while my clients have to take rotten and rotting public buses, many lines of which stop a mile or two away from the facility.

Work, baby, the great resignation, sure. But, here we are now — who owns us? How do we put that roof over our heads and that john in the corner and kitchen next to the bed?

America’s Largest Landlord Just Got Bigger: Blackstone Buys 17,000 Houses For $6 Billion” by Tyler Durden

Wall Street won’t rest until it become the biggest – and perhaps only – landlord in the US.

At least that’s the impression one gets by observing the behavior of the two Wall Street “black” giants, Blackrock and Blackstone. As a reminder, the WSJ sparked widespread outrage recently when it exposed what most industry insiders had known for a long time, namely that Blackrock (and other institutional investors) have been ravenously gobbling up US real estate. Now it’s Blackstone’s turn.

On Tuesday, the WSJ reported that Blackstone – which already is not only America’s largest landlord but also the world’s largest real estate company with a $325 billion portfolio – has agreed to buy single-family rental company Home Partners of America for $6 billion, betting the demand for suburban housing will stay hot even as the pandemic eases. Home Partners owns more than 17,000 houses in the United States; the company buys, rents out and eventually offers its tenants a chance to buy them. Now all those functions will be done by the largest US private equity firm.

 

And so, I, like millions, are at the whim of the followers, the sheeple, for sure, and we play their game, and STILL, we can’t be in their sandboxes. All those state and city and county and even nonprofit jobs tied to state, city, county contracts (grants) I apply for caveat the application in big bold notations — Upon hire, the candidate must submit proof of full Covid-19 vaccination. That means, of course, those agencies have the power to go straight to CDC/STATE records of the shot sheet. Not a paper copy of the CDC shot record, but the proof has had to be recorded into the data field; i.e. computer.

I was going to cross that bridge if and when I got any sense of being offered a job, but, alas, there are not job offers for schmucks like me. That is, of course, the lamentation here. But as always, I attempt to make my little Paul’s World tie into a larger frame, some universal set of lessons.

  • age
  • gender
  • politics
  • over-educated
  • too many different jobs over time
  • moving too many times
  • too confident
  • too willing to discussion many aspects of the job in the Q & A
  • too much on the internet, easily searchable vis Google
  • blacklisted through checking off, “no, it is not okay to contact previous employer”
  • more

There are so many reasons why “they” don’t hire folks like “me.” Strike up the ageism and sexism band, for sure. I am 65, a male, and the jobs I am attempting to get are in the social services/education/editing/writing arena.

Educational navigator, state and county jobs, even city jobs. The writing is on the wall, in a rural county, and, when I do get interviews, it’s four to six women on Zoom. I’ve had 12 people in a room for one job interview I actually drove 40 miles to attend in person. I was asked to apply by the ED. Very good back and forth, and they liked me, thought I was smart, a fit, but not a perfect fit. The rejection letter from the Executive Director was all complimentary. But, again, here I am, on the job market. Many times an interview is couched with “we are a tight-knit family, a very close team so how do you think you’d be part of that?”

I’ve had to ask several time, at the end of interviews when they ask me if I have questions, what ways do the people on the team work with people like me, an obvious outsider, to be part of a team that they call family? Really, what makes it easy for a male with education to fit into a tight knit team, which from the outside seems like a clique?

I am a great interview, and I am able to put on many faces,  in addition to bringing up interesting connections to my long work experience and my education to each respective job I’ve applied for.

And, that small-knit female group is not wanting to have an outsider, someone who doesn’t look like them. These people, to be blunt, are seated inside a nanny mentality, and drawn into paperwork world while following procedures to the letter. They are not giving and creative souls, not in any real sense. Also, they seem to be pretty one-dimensional. I get through the screening, then the interview, then the email a week or weeks later, which is a form letter, that states in mealy mouthed terms, I was rejected:

PAUL — Thank you for interviewing for the position of Permanency Workers (Social Services Specialist 1) Newport . Although you have not been selected for the position, we enjoyed learning about your background and experience in greater detail.

Again, thank you for your time and interest. We encourage you to apply for other opportunities in the future.

Thank you.”

Yep, my mother told me I should have continued at the U of Arizona and got the medical degree. Even a law degree. That was way back when, at 19 years of age and having the gift of gab, the gift of testing to a high level, above 89 or 90. Gifts . . . now, at 65, feeling, well, embarassed that, a, I have to look for work with no retirement, in this shit hole country, and in any shit hole state (you name it). Democratic or Republican governor, the scum rises to the top. With so much scum below them. And, b, I am pissed off and in this predictament. And, c, that I even feel this way — useless, a throw-away, disposable, nothing (I don’t feel these for many minutes in a day, but still, feeling this shit is like hot lead down one’s gullet).

One of the questions from the above committee of three was around “Many people perceive the CPS (child protective services) has having a lot of power. Rightly or wrongly, how would you deal with this perception?”

Well, of course, I know a few things or two about CPS and foster care and removing children from families. And, I thought I could give the CPS a bit of perspective, AND, while the gender police want to top load professions that are traditionally not full of women with women, you would think those female-filled social services centers would want a few wise males in their ranks.

That’s just hopeful thinking. Well, here, from an old article, Atlantic, from a CPS worker:

It seems there is always some sort of story in the media regarding one form of child abuse or neglect or another. Recently, I came across two such stories, one about a working mother who allowed her 9-year-old daughter to play unsupervised at a playground near her work and was subsequently arrested and her daughter put into foster care; and another, actually, about the mass shut-off of water services in an underprivileged Detroit neighborhood which brought up the fact that many don’t complain about the issue due to fears of having their children immediately removed from their homes as lack of water service is, allegedly, grounds for this in the city. These stories always hit home for me. Besides being a parent, I previously worked for Children’s Protective Services in Ohio.

Opinions usually fell into one of two predictable camps: as a CPS worker you were either accused of doing too little to protect the children involved, or of being too invasive, at best another mindless bureaucrat and at worst a power-happy sadist that got off on telling others how to raise their kids. In truth, both are often correct. I’ve seen them personally. And it’s a problem. Most workers, however, fall somewhere along the wide spectrum in between, and where they fall will be influenced more by their local inter-and-intra-agency culture than any statute.

Thinking of the mother of the 9-year-old, I realize I am not privy to the details of the case. I understand there is a lot I don’t know. Things like, does this mom have a history of abusing or neglecting this child or other children? Did the child have any special needs that made her especially vulnerable to being unsupervised? Did the child have any other signs of abuse like severe bruising or physical injuries, or of neglect such as obvious malnutrition or chronic head lice, or any other incalculable number of things? These would no doubt make a huge impact on my opinion of the situation, but as it stands what I read is this: a 9-year-old girl was left with a cellular phone at a playground near her mother’s workplace with adequate shade and access to water. Upon learning that her mother was not present, an adult called the police. So far, I vilify neither the caller for calling nor the police for responding. It is what happens next that I strongly question.

Apparently, the best answer to this case was to remove the child from her mother’s custody, put her in foster care, and arrest the mother. I’ll be blunt: this is insane.

Well, of course, I handled ALL the questions well, but then, the rejection. All those rejections. All those terrible people lifted through the prostitution called politics of bureaucracies. There are so many mean, dog-eat-dog, I-got-mine-too-bad-you-don’t-got-yours fucking Americanos. Yankee or Stars and Bars, most are cut from the same shit-hole Mayflower cloth. There are some mean folks I have met in Child Protective Services. In Portland, in Seattle, in Spokane, in El Paso!

This is the shape of things to come, for many of us, who are self-avowed radicals, willing to say and write and publish things that are definitely outside the bold lines of the center fold of American meanness. American group think. American belonging in the bandwagon. Infantalized. Disneyfied. Now, get stuck in a rural arena, with few opportunities, and this is the weekly routine —

  • change up the resume
  • write a new cover letter
  • do an on-line application
  • sometimes complete these timed tests, many of which are psycho personality tests — sick stuff
  • attest at the end of the application, before hitting submit, that all stuff is truthful, and that they, the prospective employer, has the right to go back into all manner of work and legal and living history

And it is almost impossible during this process, and while consuming corporate, commercial, un-News news, to not get jaded, cynical, pissed off and, well, dejected. Since all the stories are about the beautiful people, the celebrities, all the crap around thespian stars and sports stars. All the felonies committed by politicians, corporate heads, even those in positions of state-county-city government.

There are so many undeserving folk in positions of big and minimal power. Yep, we know that. And to hear any manner of these people who get quoted or get the limelight for me is to hear monsters who have zero idea how the 80 percent live.

Nepotism, favoritism, cancelling, xenophobia, bandwagoning, credentialism, and other -isms rule the day. Then, to see folks circling their wagons interviewing me only because they may be checking off something on their diversity list — “get a white old male in the mix to look like we are diversity mavens” — to have at least three people in the pool. I have had my application stopped because not enought applicants hit the pool. Imagine that.

Then, there’s this blasphemy — more and more staffing firms, the bane of humanity, controlling the hiring process. That culprit, Indeed, has gotten into staffing. LinkedIn? All of them, rotten to the core, and many jobs are now conduited through those chosen people’s job screening-prepping-hiring headhunter systems that are all relying upon algorithms and Salesforce techniques:

Contracting is Worker Exploitation — (source). I have written about this in the past. Broken records abound:

Staffing agencies perpetuate this ugly cycle because they make a hefty profit exploiting contractors. Staffing agency recruiters will lie about the length of the contract and specific requirements, they’ll alter resumes without your knowledge, and make little to no effort to find another assignment once a contract ends. Some of these staffing agencies are so unprofessional, they’ve sent me emails meant for other people they’re trying to recruit. Staffing agencies are the worst. They don’t disclose how much they charge a company for a contractor’s services to maximize their profits. For example, for one of my recent contracting gigs, the company paid the staffing agency $60 an hour. I received $40 an hour while the staffing agency received $20 an hour for every hour of my work. The staffing agency received $800 a week for doing practically nothing, while I did all the work. These are the risks of contracting work, but it doesn’t make it right or ethical.

+–+

“This Is One of the Most Important Legal Battles for Labor in Decades” (In These Times)

Over the last few decades, a growing number of American workers have effectively lost many of their labor rights because of the way their bosses structure the employment relationship. These workers are contractors who are hired by one company but work for another: the Hyatt Hotel housekeepers who actually work for Hospitality Staffing Solutions, the Microsoft tech workers who actually work for a temp agency called Lionbridge Technologies, and the Amazon warehouse workers who actually work for Integrity Staffing Solutions. These workers often perform the same work at the same place as other workers, frequently on a permanent basis.

But because their employers have entered into complicated contracts with each other, these workers have been unable to exercise their labor rights. If the workers can only bargain with the staffing company and not the lead company where they actually work, they are negotiating with the party that often has no power to change the terms of their employment. For that reason, workers have fought for a more inclusive definition under the National Labor Relations Act of what constitutes an employer — and when two employers are joint employers.

Here, in my neck of the woods, the Lincoln County School District, again, sell outs at the top, and the bizarre superintendent and her VPs and thug principals in league with her meglamania, the District gives shit about workers:

Educational Staffing Solutions (New Jersey, Tennessee) is a staffing firm specializing in placing highly qualified staff in daily, long-term, and permanent K-12 school district positions, including paraprofessionals, substitute teachers, and other support staff. The company innovates education staffing to provide dynamic solutions to schools and professional opportunities to passionate educators. ESS provides its employees with the ability to work for schools across the country and competitive training, flexible work schedules, and professional development. The company’s partner schools receive personalized solutions, hands-on management, technology, and program reporting and analytics. ESS was founded in 2000, and its headquarter is located in Cherry Hill, New Jersey, United States. The firm’s expert professionals serve more than 3 million students with a pool of 60,000 substitute and permanent employees throughout the United States. ESS provides healthcare benefits and other perks to its employees.

So these schools, public schools, have sold out their food services to profiteers (Sodexo, et al), given up cleaning to the janitorial profiteers (Sodexo; Bon Apetite), contracted out the buses (Student First, et al), and their hiring of staff, teachers, administrators, too, sold out to the profit gougers. Staffing firms and those all-American welfare cheats who look, sound, smell like, well, good people. This is what the average person has to confront.

A national labor phenomenon known as “The Great Resignation,” or “The Big Quit,” began to take hold in January 2021 and has since grown. Millions of workers in the United States have turned the turmoil caused by the coronavirus pandemic into opportunities to rethink their professions and reframe their lives.

The trend is especially pronounced in the accommodation and food services sector, which experienced more than 5 percent worker attrition each month from June to October of last year.

Online, people flooded a Reddit forum called “r/antiwork” for commiseration and solidarity; by year’s end, the page had reached 1.5 million members. In the streets, thousands of unionized workers in manufacturinghealth care, and higher education went on strike last fall for fair pay and protections. (source)

So, with two master’s degrees, and three dozen years teaching, and some of that including substituting K12 in Washington and Texas, I have to face jobs where $14.89 an hour, no benefits, on-call, at will, are the options. But add to this paltry pay: a substitute teacher needs to pay a fee to get a substitute certification, which is $350 in Oregon. I even had to take a civics test, here in Oregon, a test that was so fucking easy that, well, another fee to pay in order to get a shitty $14.89 an hour.

Here, some of my work with students, K12:

Professor Pablo and Fourth Grade Enlightenment in Lincoln City

And, then, being banned from teaching, another story, here at DV —

Take Down this Blog, or Else!” — No job interview, no job offer, targeting by city, county, state honchos, watched by the pigs, shadowed by all the sub humans

You will not hear VP Harris or Jill Biden talking about this blasphemy, or Henry Giroux or Chris Hedges writing about this stuff. Believe you me, this is below them, to be blunt. I am part of a legion of older folk caught in several levels or circles of THEIR hell: the arbitrators, the people in high and mid office, making some of the worst decisions ever. We are at the whim of lock-step fearful folk. We are at the beck and call of the most uncreative people on earth. I have seen the antithesis of education, of journalism, of social work, of college teaching in my many decades of wandering the planet as a writer who should have gone the route of med school or law.

I’m sixty-five and really part of the growing throw-away contingency of millions in this Western Culture who are just the flesh and blood (and data mines) in a pipeline for more rich and super rich and almost rich people to take their pound of flesh — fees, penalties, late charges, triple taxation, tickets, surcharges, foreclosures, evictions, repossessions, code infractions, add-ons.

Oh, cry for me, United Snakes of America. Evictions, uh? They — the landlords, the BlackRocks, the BlackStones, the Banks and the Insurance and the Real Estate monsters, they are the Stinkin’ Badges!

February/March 2022

 

I’ve written about this before, so again, broken DVD/record:

Never forget who we are:

In 2019, Democratic Senator Elizabeth Warren blasted Blackstone for “shamelessly” profiting from the U.S. foreclosure crisis, arguing that Wall Street’s investment in single-family homes was a “huge loss for America’s renters.” (source)

Never mind, though, old Elizabeth states she is through and through a capitalist. Haha, rhetoric, yakking, and not a fucking thing is done. Huge loss for America’s renters? This is life and death, again, these people at the top are clueless, intentionally, or just because they do not know what it is to be us.

See the source image

But then, forgetting is in the water:

See the source image

And, you can’t get Whoopied when you got no millions:

See the source image

Unemployment, on the dole, on the fiddle, under the table, riff-raff, deplorable, welfare king, trash, undesirable, vermin, dreg of society, scum, outcast — terms thrown at me and my people. Hell, just look at the Chosen People’s movie channels — all those narratives, those Hulu and Netflix and Amazon series and movie crap,  how they depict (they never really depict real struggle) us commoners, those of us who still have a few good years left to be “contributors,” but for many reasons, will never get the third, fourth, tenth chance. Watch closely how they depict the working class. Take notes. We are dregs, man. Broken, mean, thieves, fornicators, dumb, and deplorables.

Remote Area Medical? Shit, we are an underperforming country, intentional, vis-a-vis the corporate whores, the lot of them:

Scale this shit up. Dental clinics, care homes, medical clinics. Free, of course. Reroute that Biden-Trump-Bush-Obama-Clinton war money to what we need: Stan Brock, Mutual of Omaha’s Wild Kingdom:

A debate over healthcare has been raging nationwide, but what’s been lost in the discussion are the American citizens who live day after day, year after year without solutions for their most basic needs. Remote Area Medical documents the annual three-day “pop-up” medical clinic organized by the non-profit Remote Area Medical (RAM) in Bristol, Tennessee’s NASCAR speedway. Instead of a film about policy, Remote Area Medical is a film about people, about a proud Appalachian community banding together to try and provide some relief for friends and neighbors who are simply out of options.

Fucking amazing Stan Brock — they don’t make people like him anymore!

Image

Stan Brock presented a popular wildlife show on US television in the Sixties

The post There will be blood, and, yes, we do need stinkin’ badges first appeared on Dissident Voice.

Heads up: another threat to Medicare!

Medicare is a successful and treasured government program that provides health care for seniors, for those with disabilities and for those with end-stage renal disease. The Traditional Medicare (TM) approach provides quality and necessary health care with administrative costs that are far lower than that of private health care insurance such as Medicare Advantage (MA). However, this highly valued public program is now at risk of being turned into just another cash cow for Wall Street investors and the private health insurance industry at the public’s expense.

The CMMI

How is this happening? Well, the 2010 Affordable Care Act established the Center for Medicare and Medicaid Innovation (CMMI). This Center’s goal was identifying “ways to improve healthcare quality and reduce costs in the Medicare, Medicaid, and Children’s Health Insurance Program (CHIP) programs.”

Importantly, this Innovation Center was granted the authority to test alternative payment and service delivery models on a national scale without congressional approval. Being able to avoid Congressional politics makes sense as long as there is assurance that these public programs won’t be undercut.

CMMI’s record

Initially the CMMI focused on relatively small pilot projects. In a December 2021 article, Ryan Grim of The Intercept addressed the CMMI and its projects. Grim quoted from a February 2021 article by Brad Smith, who became the CMMI director in January 2020. Smith wrote: “the vast majority of the Center’s models have not saved money, with several on pace to lose billions of dollars. Similarly, the majority of models do not show significant improvements in quality.” Smith identified “inflated benchmarks” — in which providers wildly overestimate what they expect a patient will cost — and providers’ ability to “game” the payment models as key drivers of losses for the government. Smith’s concern about inflated benchmarks and gaming the system likely also apply to the private MA plans that cost more than the TM approach.

Direct Contracting

Former President Trump’s appointees to lead the CMMI greatly extended the scope of the pilot project idea and focused on a direct contracting entities (DCEs) model. According to Physicians for a National Health Program (PNHP), these DCEs are essentially third-party middlemen that receive a capitated monthly payment from the Centers for Medicare & Medicaid Services (CMS) for covering some defined portion of each enrollees’ medical expenses — and may keep what they don’t pay for in care. PNHP added: “Virtually any company can apply to be a DCE, including investor-backed startups that include primary care physicians, [Medicare Advantage] plans and other commercial insurers, accountable care organizations (ACOs) or ACO-like organizations, and for-profit hospital systems.”

This profit-based incentive model could threaten the health of enrollees as well as quickly lead to the privatization of this vitally important public program. This privatization has been a long-held dream of many conservative ideologues as well as Wall Street.

The Biden Administration and DCEs

I had hoped that President Biden’s administration would have stopped the implementation of the DCE models. However, according to PNHP, the CMS Innovation Center’s chief strategy officer said in late October 2021 that the agency “envisions a future where every Medicare beneficiary and most Medicaid beneficiaries are in an accountable care relationship by 2030,” signaling their intention to rapidly expand the DCE program to cover all TM beneficiaries in the next 8 years. Note that this change would likely be without the understanding or consent of TM beneficiaries. However, the Biden administration did delay the worst type of the proposed DCE models, but two other types are going forward.

PNHP added: “Currently, the pilot involves 53 DCEs in 38 states, D.C., and Puerto Rico, covering 30 million of the 36 million TM beneficiaries. … A majority of DCEs (28 of 53 total) are controlled by investors — not providers — and most have ties to MA commercial insurers.” This is hardly a pilot project.

What you can do

PNHP asks that you call your member of Congress at (202) 224-3121 and request that they demand Health and Human Services end this Medicare DCE program; hold hearings on DCEs; establish Congressional oversight of the Center for Medicare and Medicaid Innovation; and sign its petition at pnhp.org.

The post Heads up: another threat to Medicare! first appeared on Dissident Voice.

Mother Nature, Inc.

Wall Street investors have hit the jackpot. Soon they’ll be able to buy, own, and dictate The Commons, public lands, the world of Mother Nature. In fact, a pilot project is already in the works with ecosystems up for sale as Wall-Streeters anxiously prepare to gobble up the valued benefits of Mother Nature.

According to the NYSE PR Dept. they’ll IPO nature: “To preserve and restore the natural assets that ultimately underpin the ability for there to be life on Earth.” What? Really?

And, according to NYSE COO Michael Blaugrund: “Our hope is that owning a natural asset company is going to be a way that an increasingly broad range of investors have the ability to invest in something that’s intrinsically valuable, but, up to this point, was really excluded from the financial markets.”

Then, does this mean that neoliberal capitalism is becoming nature’s beneficent caretaker so environmentalists can stop wringing their hands about the horrendous loss of wild vertebrate life, down a whopping 68%, and loss of wetlands and loss of huge chunks of rainforests these past few decades, all of which echoes a guttural sound of impending extinction? Answer: Don’t count on it.

For starters, there’s something extraordinarily distasteful and downright disgusting about Wall Street buying control of nature’s resource capabilities. It bespeaks of an upside down world where the ludicrous becomes acceptable, but is it really acceptable? Is it?

The main character in this new scheme to own the world is a new asset class with a very plain name that says it all: Natural Asset Company or NAC. Yes, if you are a billionaire, get ready to buy up to 30% of the world’s natural resource beneficence to society. It’s going to be offered on the biggest auction block of the world, the New York Stock Exchange under the cover of sustainability of nature and protection of biodiversity, wink, wink!

Of course, this prompts a series of questions, headlined by when does Mother Nature morph into a tollbooth?

In simplest of terms, NACs allow for the formation of specialized corporations the hold the rights to the ecosystem services produced on a given chunk of land. The services might be sequestration of carbon or clean water or possibly rare Tibetan mountain air or maybe a lake teeming with trout in the wilderness. The possibilities are endless when auctioning off major chunks of an asset as big as the planet.

The NAC will maintain, manage and grow the natural asset that it has commoditized, working towards maximizing the profit potential of the natural asset, although, of course, this is not emphasized in the PR material. Nevertheless, it could lead to near-infinite profits. After all, the living Earth does rejuvenate and replenish and service ecosystems on its own accord, a natural process that goes on forever. Why not own it?

If ever there has been a time for the people of the world to drop whatever they are doing and focus on one issue, now is that time. The Commons is for sale! Think long and hard about that proposition, study it, discuss it, and decide whether to agree that Mother Nature should be monetized. If not in agreement, then do something, tell everybody, tell anybody who’ll listen, carry poster boards in the street, join a protest march, bang pots and pans, do something to relieve that breakneck pressure building around your temples!

The Intrinsic Exchange Group, in partnership with the NYSE, is currently working with the Costa Rica government on a pilot project of NACs in the country in order to institute its protocol for ownership of forests, lakes, waterfalls, mountains, meadows, caves, wetlands, in essence, all of nature. Costa Rica is the proving grounds for ownership of Mother Nature, whether she likes it or not.

First, NAC identifies a natural asset, like a forest, for example, which is quantified using special protocols that have already been developed by various coalitions amongst multinational corporations, which in and of itself is remarkably terrifying.  The NAC decides who has the rights to the natural asset’s productivity and how it is to be managed. It is then monetized via an IPO on the stock exchange. Thus, the NAC becomes “the Issuer” to potential buyers of the natural asset that the NAC represents. Essentially, NAC is a real estate agent of Mother Nature. The buyers are institutional investors, or the occasional billionaire, that want to own the rights to the benefits of wetlands or rainforests or natural water springs or rarified mountainous air or hot springs or whatever they want to own. The world is their oyster to buy, own, enjoy, and profit by.

Throughout all human history nature has been The Commons or the cultural and natural resource for all of society inclusive of natural processes like air and water. But now private investors are deleting The Commons with claims of “conservation and sustainability” of 30% of what’s called “protected areas” of our precious worldwide assets.

According to initial calculations, NACs will unlock $4Quadrillion in assets as a new feeding ground for Wall Street investors to buy the rights to clean water and clean air and trout streams and bass-laden lakes and gorgeous picturesque waterfalls and lagoons, an entire forest, or maybe eventually extend into the oceans. Who knows the range of possibilities once nature is transacted on Wall Street.

Monetizing nature!

What’s next, what’s left?

The Commons is property shared by all, inclusive of natural products like air, water, and a habitable planet, forests, fisheries, groundwater, wetlands, pastures, the atmosphere, the high seas, Antarctica, outer space, caves, all part of ecosystems of the planet.

The sad truth is Mother Nature, Inc. will lead to extinction of The Commons, as an institution, in the biggest heist of all time. Surely, private ownership of nature is unseemly and certainly begs a much bigger relevant question that goes to the heart of the matter, to wit: Should nature’s ecosystems, which benefit society at large, be monetized for the direct benefit of the few?

The post Mother Nature, Inc. first appeared on Dissident Voice.

Conservation or Land Grab? The Financialization of Nature

Just in time for the UN’s policy push for “30 x 30” – 30% of the earth to be “conserved” by 2030 – a new Wall Street asset class puts up for sale the processes underpinning all life.

A month before the 2021 United Nations Climate Change Conference (known as COP26) kicked off in Scotland, a new asset class was launched by the New York Stock Exchange that will “open up a new feeding ground for predatory Wall Street banks and financial institutions that will allow them to dominate not just the human economy, but the entire natural world.” So writes Whitney Webb in an article titled “Wall Street’s Takeover of Nature Advances with Launch of New Asset Class”:

Called a natural asset company, or NAC, the vehicle will allow for the formation of specialized corporations “that hold the rights to the ecosystem services produced on a given chunk of land, services like carbon sequestration or clean water.” These NACs will then maintain, manage and grow the natural assets they commodify, with the end goal of maximizing the aspects of that natural asset that are deemed by the company to be profitable.

The vehicle is allegedly designed to preserve and restore Nature’s assets; but when Wall Street gets involved, profit and exploitation are not far behind. Webb writes:

[E]ven the creators of NACs admit that the ultimate goal is to extract near-infinite profits from the natural processes they seek to quantify and then monetize….

Framed with the lofty talk of “sustainability” and “conservation”, media reports on the move in outlets like Fortune couldn’t avoid noting that NACs open the doors to “a new form of sustainable investment” which “has enthralled the likes of BlackRock CEO Larry Fink over the past several years even though there remain big, unanswered questions about it.”

BlackRock is the world’s largest asset manager, with nearly $9.5 trillion under management. That is more than the gross domestic product of every country in the world except the U.S. and China. BlackRock also runs a massive technology platform that oversees at least $21.6 trillion in assets. It and two other megalithic asset managers, State Street and Vanguard (BlackRock’s largest shareholder), already effectively own much of the world. Adding “natural asset companies” to their portfolios could make them owners of the foundations of all life.

A $4 Quadrillion Asset — The Earth Itself

Partnering with the New York Stock Exchange team launching the NAC is the Intrinsic Exchange Group (IEG), major investors in which are the Rockefeller Foundation and the Inter-American Development Bank, notorious for imposing neo-colonialist agendas through debt entrapment. According to IEG’s website:

We are pioneering a new asset class based on natural assets and the mechanism to convert them to financial capital. These assets are essential, making life on Earth possible and enjoyable. They include biological systems that provide clean air, water, foods, medicines, a stable climate, human health and societal potential.

The potential of this asset class is immense. Nature’s economy is larger than our current industrial economy ….

The immense potential of “Nature’s Economy” is estimated by IEG at $4,000 trillion ($4 quadrillion).

Webb cites researcher and journalist Cory Morningstar, who maintains that one of the aims of creating “Nature’s Economy” and packaging it via NACs is to drastically advance massive land grab efforts made by Wall Street and the oligarch class in recent years, including those made by Wall Street firms and billionaires like Bill Gates during the COVID crisis. The land grabs facilitated through the development of NACs, however, will largely target indigenous communities in the developing world. Morningstar observes:

The public launch of NACs strategically preceded the fifteenth meeting of the Conference of the Parties to the Convention on Biological Diversity, the biggest biodiversity conference in a decade. Under the pretext of turning 30% of the globe into “protected areas”, the largest global land grab in history is underway. Built on a foundation of white supremacy, this proposal will displace hundreds of millions, furthering the ongoing genocide of Indigenous peoples.

The UN’s “30 x 30”

The land grab of which Morningstar speaks is embodied in a draft agreement called the “Post-2020 Global Biodiversity Framework,” currently being negotiated among the 186 governments that are signatories to the Convention for Biological Diversity. Part I of its 15th meeting (COP15) closed on October 15, just ahead of COP26 (the 26th UN Climate Change Conference of the Parties) hosted in Glasgow from October 31 through November 12. COP26 focuses on climate change, while COP 15 focuses on preserving diversity. Part II of COP15 will be held in 2022. The draft text for the COP 15 nature pact includes a core pledge to protect at least 30% of the planet’s land and oceans by 2030.

In September 2020, 128 environmental and human rights NGOs and experts warned that the 30 x 30 plan could result in severe human rights violations and irreversible social harm for some of the world’s poorest people. Based on figures from a paper published in the academic journal Nature, they argued that the new target could displace or dispossess as many as 300 million people. Stephen Corry of Survival International contended:

The call to make 30% of the globe into “Protected Areas” is really a colossal land grab as big as Europe’s colonial era, and it’ll bring as much suffering and death. Let’s not be fooled by the hype from the conservation NGOs and their UN and government funders. This has nothing to do with climate change, protecting biodiversity or avoiding pandemics – in fact it’s more likely to make all of them worse. It’s really all about money, land and resource control, and an all out assault on human diversity. This planned dispossession of hundreds of millions of people risks eradicating human diversity and self-sufficiency – the real keys to our being able to slow climate change and protect biodiversity.

30 x 30 in the United States

The 30 x 30 target was incorporated in President Biden’s Executive Order on Tackling the Climate Crisis at Home and Abroad dated January 27, 2021, which includes at Sec. 219 “the goal of conserving at least 30 percent of our lands and waters by 2030.”

How that is to be done is not clearly specified, but proponents insist it is not a “land grab.” Critics, however, contend there is no other way to pull it off. Only about 12% of land and water in the U.S. is now considered to be “in conservation,” including wilderness lands, national parks, national wildlife refuges, state parks, national monuments, and private lands with permanent conservation easements (contracts to surrender a portion of property rights to a land trust or the federal government). According to environmental expert Dr. Bonner Cohen, raising that figure to 30%, adding 600 million acres to the total, “means putting this land and water (mostly land) off limits to any productive use in perpetuity. To accomplish this goal, the federal government will have to buy up – through eminent domain or other pressures on landowners making them ‘willing sellers’ of their property – millions of acres of private land.”

In July 2021, 15 governors wrote to the Administration opposing the plan, led by Gov. Pete Ricketts of Nebraska. Ricketts said in a press release:

This requires restricting a land area the size of the State of Nebraska every year, each year, for the next nine years, or in other words a landmass twice the size of Texas by 2030.

This goal is especially radical given that the President has no constitutional authority to take action to conserve 30% of the land and water.

The Real Threat to Mother Nature

The federal government may have no constitutional authority to take the land, but a megalithic private firm such as BlackRock could do it simply by making farmers and local residents an offer they can’t refuse. This ploy has already been demonstrated in the housing market.

According to a survey reported in The Guardian on October 12, 2021, nearly 40% of U.S. households are facing serious financial problems, including struggling to afford medical care and food; and 30% of lower income households (those earning under $50,000 per year) said they had lost all their savings during the coronavirus pandemic. In the first quarter of 2021, 15% of U.S. home sales went to large corporate investors including BlackRock, which beat out families in search of homes just by offering substantially more than the asking price. Sometimes whole neighborhoods were bought up at once for conversion into rental properties.

BlackRock’s chairman Larry Fink is on the board of the World Economic Forum, which until recently featured a controversial promotional video declaring “You will own nothing, and you’ll be happy.”

We all want a clean environment, and we want to preserve species biodiversity. But that includes human biodiversity – acknowledging the rights of rural landowners and Indigenous peoples, the land’s natural stewards. The greatest threat to the land is not the people living on it but those well-heeled investors who swoop in to buy up the rights to it, financializing the earth for profit.

Not just private property but those public lands and infrastructure once known as “the commons” are now under threat. We face an existential moment in our economic history, in which accumulated private wealth is acquiring carte blanche control of the essentials of life. Whether that juggernaut can be stopped remains to be seen, but the first step in any defensive action is to be aware of the threat at our doorsteps.

• This article was first posted under a different title on ScheerPost. Ellen Brown is an attorney, chair of the Public Banking Institute, and author of thirteen books including Web of DebtThe Public Bank Solution, and Banking on the People: Democratizing Money in the Digital Age.  She also co-hosts a radio program on PRN.FM called “It’s Our Money.” Her 300+ blog articles are posted at EllenBrown.com

The post Conservation or Land Grab? The Financialization of Nature first appeared on Dissident Voice.

How the “Polarized” Political Parties Work together against the Public Interest

“Polarization” is the word most associated with the positions of the Republicans and Democrats in Congress. The mass media and the commentators never tire of this focus, in part because such clashes create the flashes conducive to daily coverage.

The quiet harmony between the two parties created by the omnipresent power of Big Business and other powerful single-issue lobbyists is often the status quo. That’s why there are so few changes in this country’s politics.

In many cases, the similarities of both major parties are tied to the fundamental concentration of power by the few over the many. In short, the two parties regularly agree on anti-democratic abuses of power. Granted, there are always a few exceptions among the rank & file. Here are some areas of Republican and Democrat concurrence:

1. The Duopoly shares the same stage on a militaristic, imperial foreign policy and massive unaudited military budgets. Just a couple of weeks ago, the Pentagon budget was voted out of a House committee by the Democrats and the GOP with $24 billion MORE than what President Biden asked for from Congress. Neither party does much of anything to curtail the huge waste, fraud, and abuse of corporate military contractors, or the Pentagon’s violation of federal law since 1992 requiring annual auditable data on DOD spending be provided to Congress, the president, and the public.

2. Both Parties allow unconstitutional wars violating federal laws and international treaties that we signed onto long ago, including restrictions on the use of force under the United Nations Charter.

3. Both Parties ignore the burgeoning corporate welfare subsidies, handouts, giveaways, and bailouts turning oceans of inefficient, mismanaged, and coddled profit-glutted companies into tenured corporate welfare Kings.

4. Both Parties decline to crack down on the nationwide corporate crime spree. They don’t even like to use the phrase “corporate crime” or “corporate crime wave.” They prefer to delicately allude to “white-collar crime.”

Trillions of dollars are at stake every year, yet neither party holds corporate crime hearings nor proposes an update of the obsolete, weak federal corporate criminal laws.

In some instances, there is no criminal penalty at all for willful and knowing violations of safety regulatory laws (e.g., the auto safety and aviation safety laws). Senator Richard Blumenthal (D-CT) is trying to find just one Republican Senator to co-sponsor the “Hide No Harm Act” that would make it a crime for a corporate officer to knowingly conceal information about a corporate action or product that poses the danger of death or serious physical injury to consumers or workers.

5. Both Parties allow Wall Street’s inexhaustibly greedy CEOs to prey on innocents, including small investors. They also do nothing to curb hundreds of billions of dollars in computerized billing fraud, especially in the health care industry. (See, License to Steal by Malcolm K. Sparrow and a GAO Report about thirty years ago).

6. The third leading cause of death in the U.S. is fatalities from preventable problems in hospitals and clinics. According to the Johns Hopkins School of Medicine study in 2015, a conservative estimate is that 250,000 people yearly are dying from preventable conditions. Neither Congress nor the Executive Branch has an effort remotely up to the scale required to reduce this staggering level of mortality and morbidity. Nor is the American Medical Association (AMA) engaging with this avoidable epidemic.

7. Both Parties sped bailout of over $50 billion to the airline industry during Covid-19, after the companies had spent about $45 billion on unproductive stock buybacks over the last few years to raise the metrics used to boost executive pay.

8. Both Parties starve corporate law enforcement budgets in the Justice Department, the regulatory agencies, and such departments as Labor, Agriculture, Interior, Transportation, and Health and Human Services. The Duopoly’s view is that there be no additional federal cops on the corporate crime beat.

9. Both Parties prostrate themselves before the bank-funded Federal Reserve. There are no congressional audits, no congressional oversight of the Fed’s secret, murky operations, and massive printing of money to juice up Wall Street, while keeping interest rates near zero for trillions of dollars held by over one hundred million small to midsize savers in America.

10. Both Parties are wedded to constant and huge bailouts of the risky declining, uncompetitive (with solar and wind energy) nuclear power industry. This is corporate socialism at its worst. Without your taxpayer and ratepayer dollars, nuclear plants would be closing down faster than is now the case. Bipartisan proposals for more nukes come with large subsidies and guarantees by Uncle Sam.

11. Both Parties hate Third Parties and engage in the political bigotry of obstructing their ballot access (See: Richard Winger’s Ballot Access News), with hurdles, harassing lawsuits, and exclusions from public debates. The goal of both parties is to stop a competitive democracy.

12. Both Parties overwhelmingly rubber-stamp whatever the Israeli government wants in the latest U.S. military weaponry, the suppression of Palestinians and illegal occupation of the remaining Palestinian lands, and the periodic slaughter of Gazans with U.S. weapons. The Duopoly also supports the use of the U.S. veto in the UN Security Council to insulate Israel from UN sanctions.

13. Continuing Republican Speaker Newt Gingrich’s debilitating internal deforms of congressional infrastructures, the Democrats have gone along with the GOP’s shrinking of committee and staff budgets, abolition of the crucial Office of Technology Assessment’s (OTA) budget, and concentration of excessive power in the hands of the Speaker and Senate leader. This little noticed immolation reduces further the legislature’s ability to oversee the huge sprawling Executive Branch. The erosion of congressional power is furthered by the three-day work week Congress has reserved for itself.

14. Even on what might seem to be healthy partisan differences, the Democrats and the GOP agree not to replace or ease out Trump’s Director of the Internal Revenue Service, a former corporate loophole tax lawyer, or the head of the U.S. Postal Service, a former profiteer off the Post Office who will shortly curtail service even more than he did in 2020 (See: First Class: The U.S. Postal Service, Democracy, and the Corporate Threatby Christopher W Shaw).

Right now, both Parties are readying to give over $50 billion of your tax money to the very profitable under-taxed computer chip industry companies like Intel and Nvidia, so they can make more profit-building plants in the U.S. These companies are loaded with cash. They should invest their own money and stop the stock buyback craze. Isn’t that what capitalism is all about?

Both Parties vote as if the American middle-class taxpayer is a sleeping sucker.  Politicians from both parties exploit voters who don’t do their homework on voting records and let the lawmakers use the people’s sovereign power (remember the Constitution’s “We the People”) against them on behalf of the big corporate bosses.

Sleep on America, you have nothing to lose but your dreams.

The post How the “Polarized” Political Parties Work together against the Public Interest first appeared on Dissident Voice.

Once a US Soldier, Always Wounded, Always Losing!

What do nations care about the cost of war, if by spending a few hundred millions in steel and gunpowder they can gain a thousand millions in diamonds and cocoa?
W.E.B. DuBois

I Began My Career Working with Homeless Veterans. Here's What I Learned |  Inc.com

He died. In an assisted (sic) care (oxymoron) home (nope) facility/prison (yes). Homeless for a few years; he was a photographer; and his life went to shit in four years. He overspent on photo equipment, a studio, gave away shoots, and alas, he ended up living in his car, putting the entire inventory in an expensive storage unit, and then he tried surviving.

I met him when I was a social worker helping him as a short-term veteran (Army, 12 months, no combat) in a housing program, 24/7, where my job was to get him on his feet, get his VA benefits together, get him back on some financial track, and getting him inspired to live.

He was curious, could run in mixed company, and he was fragile. That is the way of families — estranged, bizarre old men (father) moving on with second and third wives, and just giving shit about offspring.

I worked for the Starvation Army, one bloody year, and you can read about that hell hole of a fake (maybe not) religious wacko institution (poverty pimps): Here, Here and Here, over at Dissident Voice.

The preachers and lecturers deal with men of straw, as they are men of straw themselves. Why, a free-spoken man, of sound lungs, cannot draw a long breath without causing your rotten institutions to come toppling down by the vacuum he makes. Your church is a baby-house made of blocks, and so of the state.

…The church, the state, the school, the magazine, think they are liberal and free! It is the freedom of a prison-yard.

― Henry David Thoreau, I to Myself: An Annotated Selection from the Journal of Henry D. Thoreau

He lost one leg to diabetes, and it was typical – small black dot on his foot, and then, living the rough life, cold weather chills in a vehicle, long walks in the cold when the car broke down. Bad diet, and stress.

They chopped it (the leg) off at the knee. He was having eye/vision issues. He was a smart guy, even did a trivia night for his fellow homeless vets and their families. His memory, though, was flagging. He never wanted to learn how to deal with a prosthetic leg. He was getting more and more confused, obsessed with CNBC-type shit, and anti-trump disease to the max.

He had to be reminded of everything, daily, and we worked on getting him housing vouchers, and, alas, he was finally getting Social Security, and then, the VA took care of some of his stuff.

Nursing home kitchens in 'horrible' condition endanger the elderly,  advocates say

He went to a couple of my fiction readings in Portland, and he was always there for my movie nights to watch some documentary that pushed to push against the military mindset, and he was there to listen to me rail and rail.

He found out his estranged father left some money to him when he died. It was a windfall, and my vet could not handle all the information and financial asides. It took two years to get that money, and he gave one leech a $10,000 loan for some scheme for a new dog food patent (right!), and alas, that leech never paid him back. The vet’s dead, and this deadbeat who pried money from him has no reason to pay back.

Before death, and after the Starvation Army, my vet got into an apartment (with my help), and they screwed him over. The one ground floor apartment with a large step and stoop, impossible for him to navigate his wheelchair, that wasn’t in the bargain. He already signed the lease and wanted out of the Starvation Army. He and I worked on getting the apartment to build a stone or cement pathway from the back slider, to the parking lot, so he could get his Uber or handicap buses trips.

It was another eye opener – largest (now #3) property management company in the USA for apartments, out of Texas, and not one of them responded to my emails or calls. Terrible, since that has never happened to me ever in my life. I have always gotten responses, even harsh ones back. From cops, senators, CEOs, IRS, more. These people are human leeches.

Pinnacle comes in at number three in the rankings for the largest property managers in the country, with 172,000 units under management. The company manages a diverse array of assets, including mixed-use properties, commercial properties, affordable developments, senior properties, and student housing. It also specializes in the turnaround of distressed assets and assisting in the management of HOAs and condo associations. Pinnacle is headquartered in Dallas, Texas, and is currently headed by President and CEO Rick L. Graf.

So think about that. He had to pay for this walkway, and it was an improvement for that unit, to say the least, so why should he have to pay? He had volunteers with a construction company and from the Rotary Club, and that Pinnacle nixed it. They had to have their vetted company. We are talking about $500 for the job using volunteers and a bonded contractor, versus the $2500 through Pinnacle’s outfit.

That apartment life did not last long. He was having major choking issues, and cognitive ones. He wasn’t eating right. No phone calls taken, or texts.

We are talking about a man, 68, no family. He had no one but a friend he met at the Rotary Club and acquaintances. And me, his former social worker. Who happened to move on the Coast, so I was 3 hours from him one way, via car.

He had to leave the apartment, to a care center (sic). That apartment would not give him a break, since he had to break the lease because of medical reasons. No big deal he was a veteran.

These are parasites.

Then, he ends up in one of the larger senior living places, and that was a living hell for him as he slipped more and more, had no decent meals, and never had a case manager for months. Then, lockdown, March 2020.

Here it is, Wikipedia

Brookdale Senior Living owns and operates over 700 senior living communities and retirement communities in the United States. Brookdale was established in 1978 and is based in Brentwood, Tennessee. In the late 1990s and early 2000s, Fortress Investments became the majority owner of Brookdale, holding approximately 51% of its share. Currently, Glenview Capital Management (a hedge fund) holds the largest number of shares. Brookdale has approximately 70,000 staff members and 100,000 residents. As of 2018, it was the largest operator of senior housing in the United States. In 2021, a New York Times investigation revealed that Brookdale submitted wrong and manipulated data to the government, thus inflating ratings of the quality of care in Brookdale facilities. Shortly thereafter, the state of California filed a lawsuit against Brookdale, alleging that the company manipulated the federal government’s nursing-home ratings system.

 

He was paying out of his social security and this money he got from his father: $4100  a month plus another $2000 for “special services.” There were no “Special services.” This happens every minute in the USA. Imagine, a society with how many aging people? How many with chronic illness? Who the fuck has $6100 a month to pay for these scabies outfits? 

Again, we can either prepare for the ultimate disaster that disaster capitalism gives us, or, put our heads back in that sand:

In 10 years, more than half of middle-income Americans age 75 or older will not be able to afford to pay for yearly assisted living rent or medical expenses, according to a study published Wednesday in Health Affairs.

The researchers used demographic and income data to project estimates of a portion of the senior population, those who will be 75 or older in 2029, with a focus on those in the middle-income range — currently $25,001 to $74,298 per year for those ages 75 to 84.

And it doesn’t look good for that group because of the rising costs of housing and health care. The researchers estimated that the number of middle-income elders in the U.S. will nearly double, growing from 7.9 million to 14.4 million by 2029. They will make up the biggest share of seniors, at 43%.  — Source

This three paragraphs cited above are from a two-year-old article. You think the plandemic has assisted with this? Socialism is about planning for and building out facilities and holistic ways to help the aging, the poor, the sick. Capitalism is about planning for and setting out a million ways to fleece and fleece people. Maybe blood and plasma and bone marrow transplants are the only way to get through. Or, just donating body and soul to Big Pharma for their Mengele stuff. A 10 by 10 room, with a roommate, and mac’n’cheese six days a week, fasting on Thursdays.

This is how America runs, as a continuing criminal enterprise, an elaborate multi-layered system of bilking and outright theft, casino capitalism on steroids, and zero concern by the majority of the people with investments, banks (owners) and the elected officials to make safety nets. Who the hell can afford $6100 a month for a studio apartment? Crappy food? Surly workers (underpaid, over worked)? This is prison on a whole other level.

He had to go to the VA, via ambulance, and with taxis, a few times with this female friend.

Nursing Home and Care Workers Officially the Most Dangerous Job in the U.S.  - Ms. Magazine

She got him to get a will prepared, and to get some things in order, but he was failing, vacant, not there, and alas, he died August 2020 age 70, and that should never have happened. If I had a community, 100 acres, gardens, small (tiny) homes, pets, chickens, and community conversations, he would NOT have died. Life expectancy dropped because he ended up in an apartment, isolated, alone, scared, and with deeper cognitive issues. A supportive community getting him off his duff, getting him involved, would have saved him. Could save millions of Americans. Hundreds of millions of global citizens.

So who owns the land, the farms, the concepts of living and aging in place, intergenerational, cooperatives, decent air and water? Dog-eat-dog. And who thinks that a coronavirus lives and breathes in the summer? Oh, that flu season, now 365 days a year, some rain or shine.

You know, I didn’t get a chance to talk to this vet too much about his concerns around lockdown, the SARS-CoV2, and, well, like many things once a person ages, sometimes talking real stuff about real things is too much for a mind that is going south.

Not all pandemics are caused by the obvious suspects. Though the media have us whipped up into a frenzy over a select cast of superstar pathogens, the villain in the next global drama may be lurking in the unlikeliest of places; perhaps it hasn’t even been discovered yet.

“I think the chances that the next pandemic will be caused by a novel virus are quite good,” says Kevin Olival, a disease ecologist from the EcoHealth Alliance, a US-based organisation that studies the links between human and environmental health. “If you look at Sars, which was the first pandemic of the 21st Century, that was a previously unknown virus before it jumped into people and spread round the world. So there’s a precedent there – there are many, many viruses out there in the families that we’re concerned with.”

Out of millions of viruses on the planet, very few have ever caused a major outbreak
Olival is not alone. Earlier this year, Microsoft co-founder Bill Gates warned that the next pandemic could be something we’ve never seen before. He suggested that we prepare for its emergence as we would for a war.

Meanwhile, the WHO is so firmly convinced that they have updated their list of pathogens most likely to cause a massive, deadly outbreak to include “Disease X” – a mystery microorganism which hasn’t yet entered our radar.  By Zaria Gorvett, 13th November 2018

The irony of ironies, I was talking about things like this way before that BBC (bad bad organization) put out these pabulum pieces as quoted about NOV. 2018, a year before the official Wuhan and Italian flu hit (sic).

The death of the vet, of course, create a nightmare for his friend, designated as the executor of his “estate.”

Comcast screwed the estate by keeping service going (charging $90 a month) even though he was dead. He had a storage unit that was charging $215 a month. That Brookdale ended up hitting the estate with more bills in the thousands. The apartment complex, Pinnacle, was looking for several thousand for fees and penalties. The bills came in, and the collection agencies rose to the occasion.

Stop the Cap! » Comcast's Reputation for Bad Customer Service is Legendary  and Never-Ending

And this vet’s friend (sic) who had borrowed the money paid nothing back.

It is May, 2021, and those proceeds to his small estate have not yet been disbursed. Pandemic lockdown has hurt the process. Two of the beneficiaries are a free clinic that attended to this vet’s needs during his hours of need. And a food pantry out of a church who also helped him with food and electricity money.

He probably had $340,000 total, most of it in a Morgan Stanley account. Mind you, this is all from his dead old man, and the vet had not expected that. There are tax filing fees, moving expenses for his stuff to a furniture nonprofit, fees for the storage unit. Some prescription bills and other outstanding bills that should have just vanished. The creditors came out of the woodwork, and because I was not a family member, brother, say, of nephew, all those bills got paid. If I had been that family member, I would/could have wrangled many of the bills into either zeroed out bills, or some with a dime on the dollar. It takes letter writing, advocating, and pounding down these leeches.

Why Morgan Stanley Bet Big on Eaton Vance - The New York Times

As of May 18, 2021, the five beneficiaries – two nonprofits in need – have not seen a cent. Because the executor has had to do so much, and the fact the vet had no family, my vet’s estate is getting whittled down by that great American tick – middle men, fees, penalties, taxes, this and that amount extracted as part of the ugly middle and middle man/woman mentality of the USA.

Some people came up to the plate and did pro bono work, but because I was close to this whole thing, and talked with the executor a lot, I see how the total amount that could have been distributed five ways — $70,000 each – might now be even close to $60,000 each. What the beneficiaries don’t know won’t hurt them, right? All those leeches sucking the dead, well, they just don’t know it. It was money they were not expecting, so what’s the big deal.

That’s not the point. This is a minute-to-minute situation in USA. Millions of people and their families get screwed in the tens of billions each year by the ticks and leeches. I have had to deal with PayDay loan companies, repo men, collection agencies, courts, companies, telecoms and hospitals and others who have their hands out for more and more cuts of many of my clients who were making $730 a month in Social Security, and some way less. I contacted hospitals and businesses and others to get fees and bills reduced or zeroed out.

Young or old, many of the homeless people I worked with could NEVER work in a competitive work environment. Their health and minds are shot to shit. Much of that (PTSD and complex PTSD) was caused by the Armed Forces, and by the systems of punishment that hit these guys and gals after departing that shit hole.

Not everything in their lives is someone else’s fault and responsibility. They made bad choices. Booze and drugs, you betcha, took them down. Bad food, bad thinking smoking, and more, deteriorated them at a young age. Trying to pay rent, evictions, etc., all that adds up to the weathering.

Healthcare | Free Full-Text | Application of the Weathering Framework:  Intersection of Racism, Stigma, and COVID-19 as a Stressful Life Event  among African Americans | HTML

Living in a truck or car or tent or in a garage, that also weathers these people. In the end, pre-Covid and now during it, these people are throwaways. The Stock Market is busting at the seams. Zoom school, and Zoom work for the middle class, the new normal abnormal. The rest of the workforce or citizen? Screwed blued and tattooed.

screwed, blued and tattooed meaning and pronunciation - video Dailymotion

The irony is that my vet friend “made” more money in that investment account dead than when he was alive.  And we know the great history of Morgan Stanley.

I’m writing this because I am delaying something bigger, and poetry, tied to the absolute hell hole that is American Zionism a la Israeli Zionism. War crimes that are ten thousand George Floyd’s “I Can’t Breathe” murder.

And I can’t wrap my head around this in a rural community. No marching here, no groups, and hell, in France and Germany and England, it is illegal to peacefully march for Palestine.

I’m thinking about Canada and USA, supporting murderous arms and murderous policies of that racist “country.” I am thinking about my vet’s account at Morgan Stanley:

The broker got him stocks in Walmart, Northrop Grumman, Microsoft, Facebook, Google, Blackstone, BlackRock. This guy was a friend, and asked about investing, and I had a guy in mind, but my buddy went with a friend of the Rotary who said this broker with Morgan Stanley would take care of him. My buddy wanted social responsible investing, and that, alas, is yet another bullshit marketing tool of the masters of the casino capitalist Walled Street.

Northrop Grumman’s medium-caliber cannons boast unrivaled reliability and  effectiveness. When paired with our exceptional training, services, certified accessories and warranties, the result is exceptional value and performance over the entire gun system lifecycle. The company has produced solid propulsion systems for the Ground-based  Midcourse Defense interceptor, as well as for the Trident II D-5 and Minuteman III strategic missiles. Northrop Grumman has 100 percent propulsion success on strategic production motors. For nearly half a century, Northrop Grumman and its heritage companies have been designing and developing bomb fuses that have stayed on pace with the technological advancements of the time.
This is a tan vehicle with the

How many parts in a missile or Bushmaster automatic cannon? Parts equal jobs. Parts designed equal academic jobs. Think of all those people in all those companies, in factories and warehouses, and manufacturing plants, and marketing plants, paint plants, PR plants, all of them down to the web master and the photographer making money on dead Palestinian children. It comes down to that.

I have relatives whose kids (grown adults) are blonde beauties in the sense of USA beauty, and they are tall, and lean, and they are pulling down $120,000 a year as 28 year old’s, working for one of those California based military death companies.

Here, five — to include Raytheon, Northrup Lockheed Martin, Aerojet Rocketdyne, Flir Systems

More listed here

Here are California Dreaming Death Machine (139) openings for just one hiring site

In 2019, here are the top states, but remember, those figures are not the true amount of money made on death since so much more tied to offensive weapons and space should be factored in. Sort of the multiplier effect of all the businesses service and hard industries making bank because  of those contractors and their employees and their subcontractors and their employees living and eating the California dream, or whichever state listed is the dream. Forget about the billions in Hollywood and their enormous entanglement of people making money off those Tom Clancy, et al crap movies. Death, death, death, even in the form of liberal actors spewing off on this or that thing, but in the end, they love the DoD.

  • California: $66.2 billion
  • Virginia: $60.3 billion
  • Texas: $54.8 billion
  • Florida: $29.8 billion
  • Maryland: $26.1 billion
  • Connecticut: $19.7 billion
  • Pennsylvania: $18.1 billion
  • Washington: $17.8 billion
  • Alabama: $16.0 billion
  • Massachusetts: $15.8 billion

So, I am having a difficult time focusing, with this Industrial Complex tied to killing Palestinians, and so many other people’s of the world, through the training, outfitting, arming, and educating of the despots of the world. This is a telling interview. Malak Mattar, Dan Cohen and Miko Peled join MintCast to discuss the ongoing Israeli violence in the Gaza Strip.  See interview here.

I am still processing all of this, trying to listen to Zoom continuing education credited things like trauma and social service workers in a time of lockdown and Covid-19. Things like that, which are bullshit, really. Just amazing bullshit now on Zoom, most of it. But I am just cruising through these people who believe they are thinking and saying something new.

© 2021. Raymond Nat Turner, The Town Crier. All Rights Reserved.

BAR’s poet in residence Raymond Nat Turner is an accomplished performing artist. You can find much more of his work at https://www.youtube.com/user/zigilow

BAR’s poet in residence Raymond Nat Turner is an accomplished performing artist. You can find much more of his work at YouTube. 

+–+

The acrobats are back…(gimme a bleepin’ break!)

The acrobats are back—riding bareback and backwards on Donkeys! They’re back juggling hocus-pocus focus groups; Back, spinning Wall Street straw into fools’ gold for the war- mongering mouth of a punch drunk politician. Back hallucinating on FDR Fairytales. Back somersaulting over scarlet streets, strikes and factory seizures; back vaulting over violence/militant eviction resistance

The acrobats are back—Lilliputian left-Munchkin Marxists—juggling Classless analysis; doing back-flips erasing millions; Tumbling above herds of handcuffed communists, socialists, anarchists, trade unionists who waged pitched battles with Pinkerton-police-national guard-gun thugs. The acrobats are back turning cartwheels; Flipping history on its head— Landing squarely in the laps of generals and statesmen…

The acrobats are back—flipping LBJ minus 34 dead and smoke-filled skies over Watts/43 dead in Detroit/27 dead, 1400 arrests in Newark; LBJ minus millions marching NO to Jim Crow, war/women’s oppression; Minus martyrs—whose M’s include Mickey, Medgar, Malcolm, Martin… The acrobats are back, dancing in donkey dung down the Yellow Brick Road for the Emerald City Intersectional Empire—strangely resembling the Pentagon…

The acrobats are back—daredevils who dangled dangerously for 8 yrs. from the Drone Ranger’s dick. They’re back—Capitalist Hill cartwheels and flips—sticking stealth socialist landings as Comrade Schmo plays them like The Great Oz—ominously warning: “Pay no attention to Wall Street-War-Profiteer- Big Pharma/Fossil Fuel-Credit Card Companies behind my thin blue curtain of Promises!” Then he quietly pulls his pistol and mumbles, ”What’s in your wallet?”

WALL STREET IS WAR STREET: best slogan spotted at #OccupyWallStreet | Not  My Tribe
And the reality is that Wall Street and those Mutual Funds and Exchange Tradeable Funds (ETF’s), all are tied to bombing, booze, tobacco, big pharma, the entire shooting match. Just can’t go to sleep at night, or can’t look myself in the mirror, when thinking about all that time and energy and research and writing, and educating, and the reality is we are what we are — war criminals. Or, read, “Try as You May to Deny, but Evil is in Our DNA“!

Israeli Forces spokesman Zilberman announced the start of the bombing of Gaza, specifying that “80 fighters are taking part in the operation, including the advanced F-35s” (The Times of Israel, May 11, 2021). It is officially the baptism of fire for the US Lockheed Martin’s fifth-generation fighter, whose production Italy also participates in as a second-level partner.

Israel has already received twenty-seven F-35s from the US, and last February decided to buy no longer fifty F-35s but seventy-five. To this end the government has decreed a further allocation of 9 billion dollars: 7 were granted by a US to Israel free military “aid” of 28 billion, 2 were granted as a loan by the US Citibank.

While Israeli F-35 pilots were being trained by the U.S. Air Force in Arizona and Israel, the US Army Engineers built in Israel special hardened hangars for the F-35s, suitable for both fighters’ maximum protection on the ground, and their rapid take-off on attack. At the same time, the Israeli military industries (Israel Aerospace and Elbit Systems) in close coordination with Lockheed Martin enhance the fighter renamed “Adir” (Powerful): above all its ability to penetrate enemy defenses and its range of action which was nearly doubled.

These capabilities are certainly not necessary to attack Gaza. Why then are the most advanced fifth-generation fighters used against Palestinians? Because it serves to test F-35s fighters and their pilots in real war action using Gaza homes as targets on a firing range. It does not matter if in the target houses there are entire families.

The F-35s, added to the hundreds of fighter-bombers already supplied by the US to Israel. are designed for nuclear attack particularly with the new B61-12 bomb. The United States will shortly deploy these nuclear bombs in Italy and other European countries, and will also provide them to Israel, the only nuclear power in the Middle East with an arsenal estimated at 100-400 nuclear weapons. If Israel doubles the range of F-35 fighters and is about to receive eight Boeing Pegasus tankers from the US for refueling the F-35s in flight, it is because it is preparing to launch an attack, even nuclear, against Iran.

 — “F-35s Bombing Gaza

Books - Democracy at Work (d@w)
 
Wolff and I have corresponded.
 
https://youtu.be/ynbgMKclWWc

The coronavirus pandemic, the deepening economic crash, dangerously divisive political responses, and exploding social tensions have thrown an already declining American capitalist system into a tailspin. The consequences of these mounting and intertwined crises will shape our future. In this unique collection of over 50 essays, “The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself,” Richard D. Wolff argues clearly that “returning to normal” no longer responds adequately to the accumulated problems of US capitalism. What is necessary, instead, is transition toward a new economic system that works for all of us.
 
 “A blueprint for how we got here, and a plan for how we will rescue ourselves” – Chris Hedges
 
“A magnificent source of hope and insight.” – Yanis Varoufakis
 
 “In this compelling set of essays, and with his signature clarity, intensity, accessibility and deference to historical and present perspective, Wolff has issued not just a stark warning, but concrete reasoning, as to why this time really should be different.” – Nomi Prins
 
“One of the most powerful and incisive voices in America. As an economist he transcends that “dismal science”, he is a tribune of Main St, a voice of the people.” – George Galloway
 
 “Wolff clearly explains the ways that capitalism exacerbates unemployment, inequality, racism, and patriarchy; and threatens the health and safety of workers and communities – i.e., most of us.” – Jessica Gordon-Nembhard, Ph.D.
 
“If you care about deeper measures of social health as Americans suffer the worst economic crisis since the Great Depression, you will find here a wealth of insight, statistics, and other ammunition that we all need in the fight for a more just society.” – Adam Hochschild
 
“The current failed system has a noose around all of our necks. Richard Wolff offers an economic vision that gets our society off the gallows.” – Jimmy Dore
Corporate Welfare Hurts Us All - Imgur
Source.
Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world. — Henry Kissinger, interview with the Observer, 1983, on his book, Years of Upheaval 
New study outlines trillions handed out in U.S. corporate welfare bonanza -  Tax Justice Network Corporate Welfare: How Exactly Does It Affect Us As Americans
The post Once a US Soldier, Always Wounded, Always Losing! first appeared on Dissident Voice.

The WEF’s Great Reset:  Euphemism for a WWIII Scenario?

Let’s make no mistake, we are already in WWIII. A more noble term is “The Great Reset” – the World Economic Forum’s (WEF) eloquent description of a devastated worldwide economy, countless bankruptcies and unemployment, abject misery, famine, death by starvation, disease and suicide. Hundreds of millions of people have already been affected by this “collateral” damage of the “covid-19” fear-propaganda bio-war, with a death-toll maybe already in the tens of millions, but which in reality cannot even be assessed at this time.

And this only one year into this criminal madness, a diabolical elite of multi-multi billionaires has pushed upon us, We the People. We are only in the first year of the war which by the Reset’s plan is to last the entire decade 2020-2030. The agenda is supposed to be completed by 2030.  it’s also called UN Agenda 2030.  See also here.

The WEF is, in fact, nothing more than an NGO, registered in a lush suburb of Geneva, Switzerland. Its members are, however, a collection of dirty-rich people: High-ranking politicians, heads of corporations, banking gnomes, artists and Hollywood personalities – none of them are people’s elected officials with a mandate to rule the world. Yet, they are effectively ruling the world, by coopting, coercing, or threatening the entire UN system and its 193 member countries into their obedience. Because they think they have all the money in the world, and they can. Mind you, money acquired in a fraudulent system designed by them. – But more importantly, because We, the People, let them.

The Great Reset has three major goals, all of equal importance (i) massive depopulation, (ii) shifting all assets from the bottom and the middle to the top; following the motto for the masses, at the end “You will own nothing and be happy”. That is Klaus Schwab’s conclusion for the completion of The Great Reset; and (iii) a complete digitized control over everything – money, mind, personal records and behaviors – a combination of Aldous Huxley’s “Brave New World”, and George Orwell’s “1984”.  See Mike Whitney’s article “The COVID-19 Vaccine; Is the Goal Immunity or Depopulation?”.

As we can see, the WEF is involved at every level in the Plandemic and its consequences, especially the consequences that favor the Great Reset. As Klaus Schwab in the Great Reset so revealingly says, the pandemic opens a “small window of opportunity” during which these consequences (meaning the reshaping of the world) have to be realized. Everything has to work like clockwork.

So far, it seems to be on track. Though, as more people are waking up and scientists consciousness make them leaving their straight-jacketed matrix-jobs, resistance is growing exponentially.

The NGO, trillion-dollar members-powerhouse, WEF, is outranking the world’s peoples designed and implemented UN system by far. Recently the WEF, now in association with Carnegie Endowment for International Peace, was warning of a cyber-attack on the western monetary system. To emphasize their point, they said, it is “Not a Question of If but When.

According to the Last American Vagabond (LAV), areport published last year by the WEF-Carnegie Cyber Policy Initiative, calls for the merging of Wall Street banks, their regulators and intelligence agencies as necessary to confront an allegedly imminent cyber-attack that will collapse the existing financial system.

The LAV article goes on saying

In 2019, the same year as Event 201 took place (Event 201 – 18 October 2019, in NYC, simulating the current SARS-CoV-2 plandemic and destruction of the world economy), the Endowment launched its Cyber Policy Initiative with the goal of producing an “International Strategy for Cybersecurity and the Global Financial System 2021-2024.” That strategy was released just months ago, in November 2020 and, according to the Endowment, was authored by “leading experts in governments, central banks, industry and the technical community” in order to provide a “longer-term international cybersecurity strategy”, specifically for the financial system.

The Cyber Policy Initiative emanating from the joint venture’s WEF- Carnegie Endowment report of  November 2020, is contained in a paper titled International Strategy to Better Protect the Financial System.” It begins by noting that the global financial system, like many other systems, are “going through unprecedented digital transformation, which is being accelerated by the coronavirus pandemic.” It concludes with the warning that:

Malicious actors are taking advantage of this digital transformation and pose a growing threat to the global financial system, financial stability, and confidence in the integrity of the financial system. Malign actors are using cyber capabilities to steal from, disrupt, or otherwise threaten financial institutions, investors and the public. These actors include not only increasingly daring criminals, but also states and state-sponsored attackers.

A fully digitized monetary system has been on the WEF’s and IMF’s agenda for years. They cannot wait to implement it. So, if indeed, a cyber-attack on the western monetary system actually will take place, there is no question, who has planned and implemented it.

The drive for total digitization of everything, but foremost the (western) world’s monetary system, is an integral part of The Great Reset. It is supported, of course, by the banking and finance sector, including western central banks. Its implementation is to be accelerated by the covid-fraud, but encounters fierce resistance in many countries, especially in the Global South but also in the western industrialized countries, where intellectual groups realize what this means for the resources and assets worked for and owned by the people – it will be easily ‘expropriated’ so to speak, for example, for disobedience, as the control will be fully with the banks.

And this leads to the conclusion of the nefarious Great Reset“You will own nothing and be happy”.

Luckily, the East, led by China and Russia, has gradually withdrawn from the western monetary system and are largely independent, monetary-sovereign countries. Therefore the western digitization drive does not apply to the East which is further enhanced by the China-Russia led Shanghai Cooperation Organization – SCO – accounting for about half the world’s population and a third of the world’s economic output – GDP.

See the full LAV article here.

If Klaus Schwab and the WEF’s “Illuminati” would have their way, by 2030 the grand flock of humans will be transformed into “transhumans” – a kind of semi-robots that responds to AI signals controlled by The Great Reset’s masterminds (sic), which by then will have become the leaders of a tyranny, called the New or One World Order – OWO. We, the People, would then have become the new AI-directed serfs. Or, as per Aldous Huxley’s Brave New World, the “epsilon people”.

Let that not happen.
Let’s unite and resist with all our powers.
We are – still – 7.8 billion people against a few pathological soulless multi-billionaires.

The post The WEF’s Great Reset:  Euphemism for a WWIII Scenario? first appeared on Dissident Voice.

Will 2021 Be Public Banking’s Watershed Moment?

Just over two months into the new year, 2021 has already seen a flurry of public banking activity. Sixteen new bills to form publicly-owned banks or facilitate their formation were introduced in eight U.S. states in January and February. Two bills for a state-owned bank were introduced in New Mexico, two in Massachusetts, two in New York, one each in Oregon and Hawaii, and Washington State’s Public Bank Bill was re-introduced as a “Substitution.” Bills for city-owned banks were introduced in Philadelphia and San Francisco, and bills facilitating the formation of public banks or for a feasibility study were introduced in New York, Oregon (three bills), and Hawaii.

In addition, California is expected to introduce a bill for a state-owned bank later this year, and New Jersey is moving forward with a strong commitment from its governor to implement one. At the federal level, three bills for public banking were also introduced last year: the National Infrastructure Bank Bill (HR 6422), a new Postal Banking Act (S 4614), and the Public Banking Act (HR 8721). (For details on all these bills, see the Public Banking Institute website here.)

As Oscar Abello wrote on NextCity.org in February, “2021 could be public banking’s watershed moment.… Legislators are starting to see public banks as a powerful potential tool to ensure a recovery that is more equitable than the last time.”

Why the Surge in Interest?

The devastation caused by nationwide Covid-19 lockdowns in 2020 has highlighted the inadequacies of the current financial system in serving the public, local businesses, and local governments. Nearly 10 million jobs were lost to the lockdowns, over 100,000 businesses closed permanently, and a quarter of the population remains unbanked or underbanked. Over 18 million people are receiving unemployment benefits, and moratoria on rent and home foreclosures are due to expire this spring.

Where was the Federal Reserve in all this? It poured out trillions of dollars in relief, but the funds did not trickle down to the real economy. They flooded up, dramatically increasing the wealth gap. By October 2020, the top 1% of the U.S. population held 30.4% of all household wealth, 15 times that of the bottom 50%, which held just 1.9% of all wealth.

State and local governments are also in dire straits due to the crisis. Their costs have shot up and their tax bases have shrunk. But the Fed’s “special purpose vehicles” were no help. The Municipal Liquidity Facility, ostensibly intended to relieve municipal debt burdens, lent at market interest rates plus a penalty, making borrowing at the facility so expensive that it went nearly unused; and it was discontinued in December.

The Fed’s emergency lending facilities were also of little help to local businesses. In a January 2021 Wall Street Journal article titled “Corporate Debt ‘Relief’ Is an Economic Dud,” Sheila Bair, former chair of the Federal Deposit Insurance Corporation, and Lawrence Goodman, president of the Center for Financial Stability, observed:

The creation of the corporate facilities last March marked the first time in history that the Fed would buy corporate debt… The purpose of the corporate facilities was to help companies access debt markets during the pandemic, making it possible to sustain operations and keep employees on payroll. Instead, the facilities resulted in a huge and unnecessary bailout of corporate debt issuers, underwriters and bondholders….This created a further unfair opportunity for large corporations to get even bigger by purchasing competitors with government-subsidized credit.

…. This presents a double whammy for the young companies that have been hit hardest by the pandemic. They are the primary source of job creation and innovation, and squeezing them deprives our economy of the dynamism and creativity it needs to thrive.

In a September 2020 study for ACRE called “Cancel Wall Street,” Saqib Bhatti and Brittany Alston showed that U.S. state and local governments collectively pay $160 billion annually just in interest in the bond market, which is controlled by big private banks. For comparative purposes, $160 billion would be enough to help 13 million families avoid eviction by covering their annual rent; and $134 billion could make up the revenue shortfall suffered by every city and town in the U.S. due to the pandemic.

Half the cost of infrastructure generally consists of financing, doubling its cost to municipal governments. Local governments are extremely good credit risks; yet private, bank-affiliated rating agencies give them a lower credit score (raising their rates) than private corporations, which are 63 times more likely to default. States are not allowed to go bankrupt, and that is also true for cities in about half the states. State and local governments have a tax base to pay their debts and are not going anywhere, unlike bankrupt corporations, which simply disappear and leave their creditors holding the bag.

How Publicly-owned Banks Can Help 

Banks do not have the funding problems of local governments. In March 2020, the Federal Reserve reduced the interest rate at its discount window, encouraging all banks in good standing to borrow there at 0.25%. No stigma or strings were attached to this virtually free liquidity – no need to retain employees or to cut dividends, bonuses, or the interest rates charged to borrowers. Wall Street banks can borrow at a mere one-quarter of one percent while continuing to charge customers 15% or more on their credit cards.

Local governments extend credit to their communities through loan funds, but these “revolving funds” can lend only the capital they have. Depository banks, on the other hand, can leverage their capital, generating up to ten times their capital base in loans. For a local government with its own depository bank, that would mean up to ten times the credit to inject into the local economy, and ten times the profit to be funneled back into community needs. A public depository bank could also borrow at 0.25% from the Fed’s discount window.

North Dakota Leads the Way

What a state can achieve by forming its own bank has been demonstrated in North Dakota. There  the nation’s only state-owned bank was formed in 1919 when North Dakota farmers were losing their farms to big out-of-state banks. Unlike the Wall Street megabanks mandated to make as much money as possible for their shareholders, the Bank of North Dakota (BND) is mandated to serve the public interest. Yet it has had a stellar return on investment, outperforming even J.P. Morgan Chase and Goldman Sachs. In its 2019 Annual Report, the BND reported its sixteenth consecutive year of record profits, with $169 million in income, just over $7 billion in assets, and a hefty return on investment of 18.6%.

The BND maximizes its profits and its ability to serve the community by eliminating profiteering middlemen. It has no private shareholders bent on short-term profits, no high-paid executives, no need to advertise for depositors or borrowers, and no need for multiple branches. It has a massive built-in deposit base, since the state’s revenues must be deposited in the BND by law. It does not compete with North Dakota’s local banks in the retail market but instead partners with them. The local bank services and retains the customer, while the BND helps as needed with capital and liquidity. Largely due to this amicable relationship, North Dakota has nearly six times as many local financial institutions per person as the country overall.

The BND has performed particularly well in economic crises. It helped pay the state’s teachers during the Great Depression, and sold foreclosed farmland back to farmers in the 1940s. It has also helped the state recover from a litany of natural disasters.

Its emergency capabilities were demonstrated in 1997, when record flooding and fires devastated Grand Forks, North Dakota. The town and its sister city, East Grand Forks on the Minnesota side of the Red River, lay in ruins. The response of the BND was immediate and comprehensive, demonstrating a financial flexibility and public generosity that no privately-owned bank could match. The BND quickly established nearly $70 million in credit lines and launched a disaster relief loan program; worked closely with federal agencies to gain forbearance on federally-backed home loans and student loans; and reduced interest rates on existing family farm and farm operating programs. The BND obtained funds at reduced rates from the Federal Home Loan Bank and passed the savings on to flood-affected borrowers. Grand Forks was quickly rebuilt and restored, losing only 3% of its population by 2000, compared to 17% in East Grand Forks on the other side of the river.

In the 2020 crisis, North Dakota shone again, leading the nation in getting funds into the hands of workers and small businesses. Unemployment benefits were distributed in North Dakota faster than in any other state, and small businesses secured more Payroll Protection Program funds per worker than in any other state. Jeff Stein, writing in May 2020 in The Washington Post, asked:

What’s their secret? Much credit goes to the century-old Bank of North Dakota, which — even before the PPP officially rolled out — coordinated and educated local bankers in weekly conference calls and flurries of calls and emails.

According Eric Hardmeyer, BND’s president and chief executive, BND connected the state’s small bankers with politicians and U.S. Small Business Administration officials and even bought some of their PPP loans to help spread out the cost and risk….

BND has already rolled out two local successor programs to the PPP, intended to help businesses restart and rebuild. It has also offered deferments on its $1.1 billion portfolio of student loans.

Public Banks Excel Globally in Crises

Publicly-owned banks around the world have responded quickly and efficiently to crises. As of mid-2020, public banks worldwide held nearly $49 trillion in combined assets; and including other public financial institutions, the figure reached nearly $82 trillion. In a 2020 compendium of cases studies titled Public Banks and Covid 19: Combatting the Pandemic with Public Finance, the editors write:

Five overarching and promising lessons stand out: public banks have the potential to respond rapidly; to fulfill their public purpose mandates; to act boldly; to mobilize their existing institutional capacity; and to build on ‘public-public’ solidarity. In short, public banks are helping us navigate the tidal wave of Covid-19 at the same time as private lenders are turning away….

Public banks have crafted unprecedented responses to allow micro-, small- and medium-sized enterprises (MSMEs), large businesses, public entities, governing authorities and households time to breathe, time to adjust and time to overcome the worst of the crisis. Typically, this meant offering liquidity with generously reduced rates of interest, preferential repayment terms and eased conditions of repayment. For the most vulnerable in society, public banks offered non-repayable grants.

The editors conclude that public banks offer a path toward democratization (giving society a meaningful say in how financial resources are used) and definancialization (moving away from speculative predatory investment practices toward financing that grows the real economy). For local governments, public banks offer a path to escape monopoly control by giant private financial institutions over public policies.

This article was first posted on ScheerPost.

The post Will 2021 Be Public Banking’s Watershed Moment? first appeared on Dissident Voice.

The Gamers’ Uprising Against Wall Street Has Deep Populist Roots

Wall Street may own the country, as Kansas populist leader Mary Elizabeth Lease once declared, but a new generation of “retail” stock market traders is fighting back.

A short squeeze frenzy driven by a new generation of gamers captured financial headlines in recent weeks, centered on a struggling strip mall video game store called GameStop. The Internet and a year off in this shut down to study up have given a younger generation of investors the tools to compete in the market. Gerald Celente calls it the “Youth Revolution.” A group of New York Young Republicans who protested in the snow on January 31 called it “Re-occupy Wall Street.” Others have called it  Occupy Wall Street 2.0.

The populist uprising against Wall Street goes back farther, however, than to the 2010 Occupy movement. In the late 19th century, the country was suffering from a depression nearly as severe as the Great Depression of the 1930s. Kansas populist leader Mary Elizabeth Lease declared in a fiery speech in 1890:

Wall Street owns the country. It is no longer a government of the people, by the people, and for the people, but a government of Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master.

Wall Street still owns the country. Millions of people have been forced out of work, while billionaires have doubled their money in the stock market. But a new generation of “retail” stock market traders is fighting back. (“Retail” traders are individuals trading for their own accounts as opposed to institutional investors.) Occupy Wall Street succeeded in raising awareness of the issues and putting a spotlight on the villains: the chief fault for the subprime crisis and 2008 crash was not with the defaulting homeowners but was with the banks. The Wall Street bankers, however, were not much fazed by the protests on the streets outside their windows. Not until January 2021 was Wall Street actually “occupied,” with millions of small traders landing a multibillion-dollar blow to at least a few of the mighty Wall Street hedge funds. GameStop was the most heavily shorted stock on the market, and the losing hedge funds were on the short end of the stick.

The Short Squeeze

“Short selling” works like this: an investor borrows shares from a broker middleman and immediately sells them, hoping to buy them back later at a lower price, return them to the broker, and pocket the difference. The trade, however, is quite risky. If the shorted stock keeps going up, the shorter’s potential loss is unlimited. “Covering” the short position by buying the shares at the higher price and returning them to the lender will result in a loss. But if the shorter fails to cover, the broker will eventually demand more collateral as protection against its own potential losses.

“Naked” short-selling involves selling stock without borrowing it. Naked short-selling is illegal, but the regulation is not well enforced; and in this case short-sellers had sold 40% more GameStop shares than were in existence. That made the short sellers extremely vulnerable to a “short squeeze.” WallStreetBets, a Reddit social media forum that then had 2.7 million members (a number that has since risen to about 8 million) called the shorters’ bluff and bought furiously, using a game-like trading app called “Robinhood.” The hedge funds had to buy the shares back to cover at the new price, further driving the stock up; and other players, seeing the action, jumped in. This is what is known as a “short squeeze” – driving the shorters to buy before the stock is out of reach. The WallStreetBets short squeeze drove the GameStop stock price up nearly 900% in five days, to around $380 on January 27. The 52-week low before that was $2.57.

Legally, traders cannot engage in “market manipulation,” but the term is poorly defined and the rule is poorly enforced. Hedge funds are reported to hold “idea dinners” where they get together and pitch each other on their favorite trades. As pointed out in a Peak Prosperity interview with financial researcher Jim Bianco, the big players routinely act together. Wall Street has been run as a cartel, and the house always wins; or at least it did until recently.

Bianco explained that formerly, small traders lacked the tools to compete. They lacked the knowledge base, the money to buy full shares of the higher priced stocks, and the time needed to study the market. But in the last two decades, technical advances have given the “little guys” connectivity and access to market information. And in 2020, forced lockdowns gave them the time to sit in front of their computers studying the market and playing it, while stimulus payments gave them some extra cash to play with. New game-like online trading apps such as Robinhood, billed as “democratizing” investing, waived commissions. The purchase of fractional shares was allowed, and social media groups such as WallStreetBets shared investment information and strategies with each other.

The “little guys” learned how to use the rigged stock market system to beat the big boys at their own game. By January 30, short-sellers had lost an estimated $19 billion on GameStop alone, and other heavily shorted stocks were hit as well. Hedge funds lost over $70 billion in January 2021, with GameStop jumping 1000% the last week of the month.

The Empire Strikes Back

Predictably, on January 28 the game came to a screeching halt. Robinhood restricted trades of GameStop and other shorted stocks, allowing investors to settle their trades but not make new purchases. GameStop closed down 44%. This market manipulation appeared to be so blatantly in favor of Goliath against David that congressional representatives from both sides of the aisle protested. Rather than a left/right issue or a racial issue, it was a class issue, one that has fortuitously served to align the 99% on all sides of the political spectrum.

By February 2, the GameStop stock price had plummeted to $97, and hedge fund losses dropped to $13 billion, half of what they were the previous week but still a serious hit. Some retail investors had struck it big, and used the proceeds to pay student loans or rent or mortgages; but others, those who bought or sold last, lost big. The rule is to invest no more than you can afford to lose, but some desperate gamers may have unfortunately learned that lesson the hard way.

According to the message boards, however, for other players it was not chiefly about making money on a single trade. It was an uprising, a show of force against a Wall Street behemoth that had destroyed small businesses, turned families out of their homes, and robbed young people of the “American dream.” In a February 6 post titled “This Is for You, Dad,” Matt Taibbi recounts the touching tales of young people whose parents’ lives were ruined by the 2008 crash, who were willing to risk their own money to see justice done.

In that sense it is an emotionally satisfying “Robinhood” tale, but it has a dark side. Pam and Russ Martens point out that the short squeeze was not actually a spontaneous, grassroots uprising. It was coordinated by a “sophisticated” trader in the Reddit sub-group, whose trading license forbids that sort of practice.

He could be in trouble with his employer or his licensing board, but the larger WallStreetBets group does not seem to have been guilty of “market manipulation” as usually defined. The group did not engage in fraudulent activity; for example, a “pump and dump” scheme based on false advertising of a product. The Reddit group was not conspiring behind closed doors to commit fraud. They were quite open about what they were doing, and there is nothing illegal about advocating the purchase of a stock, something investor newsletters do routinely. GameStop was a beloved retail store of the young traders, and they wanted to save it from the marauding hedge funds. As Jill Carlson observed on Yahoo.com:

When hedge fund managers get together and share insights and ideas, it is all in the name of moving towards a more efficient free market. Yet, when the online mob of retail traders comes to consensus about which stock is worth buying, they are considered by some to be artificially pumping the name and manipulating the market.

And there’s the rub. The disruption of the market caused by the WallStreetBets play could be the rationale for new regulations that hurt retail investors. It could also be another excuse to shut down free speech on the Internet and social media. And as Whitney Webb points out, it was not just a battle of David versus Goliath but one of hedge fund against hedge fund. The biggest winners included some of the most notorious Wall Street institutions – BlackRock, J.P. Morgan Chase and Goldman Sachs. They saw what was happening, bought early, bought big, and sold near the top. BlackRock made a staggering 700% on its trades.

In a February 9 article, Pam and Russ Martens show that the biggest winners were high-frequency program traders. They jumped in front of the WallStreetBets trades using sophisticated algorithms feeding on data provided by Robinhood and other trading platforms. Lance Roberts argues that Wall Street won again.

The Power of the People

So what was achieved by the GameStop short squeeze? Financial analyst Wolf Richter contends:

What all this shows, for all to see, is just how massively the stock market has been manipulated, from the Fed on down. Most of these manipulations attempt to manipulate prices up. But some manipulations are aimed at pushing prices down. What the millions of people conspiring on WallStreetBets to exact their pound of flesh accomplished was nevertheless enormous: They showed for all to see just how completely broken the stock market is.

True, but they showed more than that. They showed that the 99%, if organized and acting in concert, have the tools to overwhelm the 1%. Information, communication, and collective action are key.

The American people acting together have beaten the financial elite before. In the 18th century, it was London bankers who held the British colonies in financial bondage. The American colonists broke free by issuing their own paper currencies. The colony of Pennsylvania and then Treasury Secretary Alexander Hamilton refined that system by establishing publicly-owned banks that extended the credit of the colony and then of the nation; and Abraham Lincoln’s government avoided a 30% interest rate by reviving the colonial practice of issuing debt-free, interest-free paper currency.

The 19th century movement against Wall Street largely faded after Populist and Democratic Party candidate William Jennings Bryan lost to Republican candidate William McKinley in the 1896 and 1900 presidential elections. But a remnant of the Midwest movement triumphed in 1919, when the Non-Partisan League (NPL) was formed in protest against widespread foreclosures on North Dakota farms. The NPL won a statewide election and beat Wall Street at its own game by establishing a state-owned bank. The Bank of North Dakota cut out the Wall Street middlemen and partnered with local community banks; and by 2014, according to the Wall Street Journal, it was more profitable than either J.P. Morgan Chase or Goldman Sachs.

We the people need to recapture our local and national governments and regulators. If we had a popular nonpartisan government that put the public interest above the Corporatocracy, we could do remarkable things as a nation. Congress could even follow Lincoln in exercising its constitutional right to mint some very large coins, perhaps $1 trillion each, buy a controlling interest in some major corporations (Amazon? The New York Times? Some pharmaceutical or energy or telecommunications giants?), and distribute the dividends to the people. The public acting together is Goliath. E pluribus unum: strength in unity.

• This article was first posted on ScheerPost.

The post The Gamers’ Uprising Against Wall Street Has Deep Populist Roots first appeared on Dissident Voice.

No Work, Little Work, Too Much Work, UBI/DIY/Gig Economies

It’s an unprecedented coalition of business networks that have come together to raise our ambition. Not just to help our individual CEOs succeed, we’ll do that for sure. But to actually bring their voices together to help shift culture. So that the pushback on the BRT [Business Roundtable] from different business publications or other people within the business community lessens. So there’s less of a headwind culturally for this type of leadership. 
— Jay Coen Gilbert, co-founder of B Lab and B Corporations [Source]

[These are not good people, and if anyone thinks otherwise, then, well, War is Peace, Truth is Lies, Hate is Love!]

We Are Big Data’s Dregs

The great data dredge. Everyone’s hired through a digital head hunter, staffing firm, and the result is a continuation of atomizing society with no water cooler, so to speak, from which to complain about working conditions, to discuss the next austerity measure concocted by the boss/management/ CEO/Corporation. No after work bull session at the local Chili’s or T.G.I.F. to compare notes about those exploding gas tanks and caustic chemicals and faulty electrodes in the air bag systems.

This is what Ford would have wanted, and this is what the heads of retail and data and manufacturing want. They’ve already put most of us over a barrel with forced arbitration clauses, non-compete agreements (sic), and rule after penalty after threat after law after delimitation, that, well, in this knowledge (sic) economy and post-Industrial (sic) economy, the white collar and pink collar workers are hemmed in by management. More than the field hands picking this country’s lettuce!

The hemming in is an oppression planned and sealed, and a deep seated zombifcation of the “higher castes” and to be honest, people of the land, even those in struggle, in other countries that have been deemed shit-holes by Trump and Third World by Biden have more gumption about them, more ability to fight the systems, the oppressors, than any member of the Western Civilization.

Just drive around your town or suburb, anywhere. Take a look at what and how the systems have been set up for and about the rich, for the money changers, for the money takers, for the dream hoarders. Take a look. How many bus stations, how many covered and art-imbued public amenities? How many public toilets, public waysides, public paths, public trails, public pedestrian overpasses, public bandstands, public gazebos, public museums, public eateries, public statues, signs, art, historical markers? How many trees and shrubs and open spaces set up for the public? How many picnic tables and interpretive trails, and …? How many tiny home villages for the houseless? How many community gardens? Theaters and cinemas for and by the people?

Talk about dead and lobotomized citizens, as we have allowed the captains of industry and oppressors of finance and the legions of pushers of the realm rule: retailers, consumer crack salesmen/women, middle managers, ant hill after ant hill of processors and facilitators of the entire house of cards built upon the dopamine hits of lizard drips of the brain. “I betcha can’t eat just one Lays potato chip,” now on steroids – “I betcha you can’t just have 3 big screen TVs in your pad … “And now you fill in that blank – Just look at the so-called Black Friday ads.

Amazing, junk, junk and more junk. Families buying deep fryers and rice steamers and any number of electronic junk that they can’t or don’t know how to use. All that plastic and tin, diodes and LED screens. All of that planned obsolescence. Nary a word about the embedded energy, the packaging, the toil and slave labor, the life cycle analysis. Piles and piles of worthless junk, planned to break, parts planned to snap, wires planned and ready to melt.

Planned Human Obsolescence

This is not a difficult thing to comprehend,  about socialism for the land and people versus capitalism for the elite and bankers and small group of sociopaths, who will fight tooth and nail (well, with a battalion of lawyers at $1500 an hour each, not really a fight per se) to push the poisons, hawk the faulty products, demand the welfare for the rich and corporations, and deposit all the externalities of their profit schemes onto the public and the commons’ health.

But …  Man, those “buts.” I talk all the time with great white saviors, who just start spewing at the mouth of the evils of socialism, and that, well, capitalism is good, and “we let Jeff Bezos and Elon Musk and Bill Gates and Mark Zuckerberg” accumulate so much wealth and power, so it’s our fault, and really, is it that bad we have these Titans who give us goods and services? This is like heaven compared to countries who push that bullshit democratic socialism crap. Do you know what the 10 pillars of socialism/communism/Marxism are?”

Try putting “debunking the critics of socialism” into the Google Gulag Search, and you shall receive so much hatred and polemics around anything tied to socialism on the first 50 pages of the search, that, well, you get the picture why these big white saviors will dare  come up to me and challenge me the socialist on how and why socialism is bad-bad-bad while capitalism is god’s work.

As these great white saviors are pushing a cart filled with two TV’s, a new printer, two iPads, and junk junk junk, 50 pounds of kitty liter and a hundred pounds of dog chow. While walking past the two young men I am working with who are taking in shopping carts as part of their competitive work as people who happen to be living with Intellectual and Developmental Disabilities. These Great White Hopes are Blind to “them.”

These great white saviors, well, it’s all about survival of the fittest. All about the colonized mind. All about – “you majored in the wrong subject matter, sucker … born into the most messed up family, sucker grew up on that side of the railroad tracks, dufus … got stuck with those bills and foreclosures, sucker.”

Oh, the invisible hand of the oppressors, and these people – Biden and Trump supporters, what have you – are criminal thinkers, really, because with one huge swath of their inhuman brain, they disregard 90 percent of the planet’s people.

“They are all sucka’s for being born where they are and from the loins of ‘those’ rotten people.”

A Sucker Borne Every Nanosecond

Oh, and I am seeing more and more quasi-leftist stuff, saying, well, the left needs to embrace the Trumpies, to work with them on labor rights, on environmental rights, on health care for all, on all those issues, and not be so hung up on their misogyny, racism, classism, white Duck Dynasty Ted Nugent shit.

Insanity, man. Leftists writing from the comfort of their offices, well, they are a dime a dozen. The reality on the ground is that this country has a cool 100 million or so hateful, resentful, ignorant of the world, pro-war, rah-rah, hate welfare of all kinds sort of people. They don’t have to be Proud Boys and KKK. These people in this USA, the white ones, mostly, have come from that evil spawn stock, back even before SCD, Smith Colony Disease.

Then, again, we have Democrats with a wilted big “D” who need their comeuppance, and who are just one half brain shy of a squid, and somehow, the other squids (sorry about the dispersion to cephalopods) with another load of brain cells missing need to be embraced, because, the GOP and Trumpies and the like want to move toward a truly socialist society?

Again, the reality is some bad-ass slow, consistent and in many cases rapid death by a 1,000 capitalist cuts.

I meet people in my new job, working with Adults with ID/DD, to get job ready and jobs in the community – real jobs, not stuck in some sheltered workshop getting one-tenth the wage of anyone else in the same job.

Sure, I am doing great work, god’s work, the work of an angel (they really say this stuff to me, a commie, a devoted atheist), and while I get the gist of that, we talk about how it is my careers have been shit for pay, highly exploitive and yet highly regarded in some sense: teaching, social services, and, well, community journalism.

“Ha-ha, you are doing these great services knowing you are not going to get rich doing it, but thank you for your service.”

Imagine that stupidity, that dense mentality. Imagine, the hard jobs that need doing in a broken capitalist society with wave after wave of damaged, chronically ill, economically strafed, mentally poisoned, generously precarious, and one paycheck away from bad ass disaster citizens on the precipice? PayDay Loans? That in and of itself defines capitalism. The Mafiosi aspect of this spiritually deserted society.

Yet, now, these great leftist warriors are saying the Trumpies and the GOP of the world – the log cutters, the mill workers, the truckers, the blue collar millionaires – that they want workplace rights, the right to strike, the right to squat, the right to refuse bad and dangerous work; that they want to be able to shut down polluting industries, and the right of the people to take over industries? That these Trumpies and GOP want universal health care, universal rights for all people. That these GOP and Trumpies want real education, more education, holistic education, writing and thinking across the curriculum, across disciplines, across industries. That the GOP-Trumpies will work so-so well with organizers and “the people” over defunding and holding to task “the police-backed” banks-warehouses-fulfillment centers. Right!@#$%

So how does anyone on both sides of the manure pile called USA politics square this fact?

Ahh, the world’s 26 richest people currently have the same amount of wealth as the poorest 3.8 billion—down from 61 people in 2016. As the rich get richer, sea levels are rising, tribalism is flourishing, and liberal democracies are regressing. Even some of the wealthiest nations are plagued by job insecurity, debt, and stagnant wages. Ordinary people across the political spectrum are increasingly concerned that the system is rigged against them. Trust in public institutions is near an all-time low.

So that Google search got one hit on the “other side” of the dividing line (not really) – “What the Right Gets Wrong About Socialism. As Scandinavia shows, it does feature plenty of public ownership—but also a thriving economy.”1

Sure, we get this from the Norwegian:

Norway’s success has not come without costs—wealth accrued through oil and other extractive industries has had harsh ecological consequences. But students there and across Scandinavia graduate without the horrifying debt burdens of their U.S. counterparts. Those who sustain injuries in traffic accidents never have to beg bystanders not to call for an ambulance, for fear of drowning in medical debt. Norwegian diabetics don’t need to crowdsource their insulin. As seniors, they don’t spend their golden years working at Walmart or living in their vehicles. Their homes were not repossessed en masse by banks during the Great Recession. Extensive public ownership shields Norwegians from the harshest aspects of unfettered capitalism.

But then he attacks North Korea and Venezuela for being failing socialist countries, and without the context of the international transnational monetary criminal system of sanctions and debt and theft of Venezuela’s treasury, and war war war with Korea still on the hot plate. Then the illegal maneuvers of governments like the USA and supported by all those others, including Norway, in its attack on Venezuela’s elected leaders and support of the dirty rich racist opposition groups, that is not mentioned.

Yep, there is a link in the Norwegian’s piece to another article – July 2018, “There is Nothing Inherently Wrong with State Ownership” by Matthew Bruenig over at Current Affairs Magazine.

Again, short anemic, and an essay in response to an attack on Norway and Sweden and “socialist” countries in the Nordic category by a New York Times “writer,” a Bret Stephens, who is sloppy and makes untrue claims in this piece, “Democratic Socialism Is Dem Doom.”

No Richard Wolf and no Michael Parenti or any thousands upon thousands of thinkers who know about societies and economies and cultures and ecologies who could put this tripe to rest. This is it?

Hemming Us In

Imagine, a 69-year-old working in a deli at a national chain. “I was once a speech therapist with a thriving private practice. And then my retirement went bust, thanks to Enron.” So, Molly works with a terrible limp, arthritis everywhere and almost no hair left. Fryers, slicers, prepping, and she runs it. Since age 55, when not only her measly retirement went bust, but the speech therapy arena turned more and more into high end certification racket, and gobbled up by, well, monopolies, agencies that scarf up the independents, or make it impossible to compete against the aggregators and services felons.

Then another guy, James, working the parking lot, bathrooms, carts, etc., making a wage when he started at this national grocery chain, of $9.75 an hour. He busts his butt, and we talked about his chronic heart failure, the meds he takes each month, all of that, including the pace maker and other aspects of his life, at age 60. He is at $12 an hour after five years with this outfit, and he tells me his supervisor likes his work, and his helping the other cart people, so much so that he is in for a wage increase to $15 an hour. He has to wait 90 days for the higher ups to approve that.

Hemming in. Working hard jobs at an old age to keep bad health insurance that is part of a for-triple-profit system of penury and theft. Oh, stories of an item being charged 18 times more during this Covid “crisis.”

A study that revealed hospitals may be charging as much as 18 times over their costs.

Nurse Jean Ross – “ Yes. Again, unconscionable, but that seems to be the way in this country. Up to 18 times. So, for example, if your true cost — it’s called the charge-to-cost ratio, or CCR — if your true cost for your service is $100, they are, in many cases, charging up to $1,800. And they do it because they can.” This from a study put out by National Nurses United.

Sit on the Ground and Try and Pull Yourself Up by Bootstraps

Those great white hopes, those big happy white males and big happy white females who voted for Trump and then those that believe Biden is better, well, that’s what we have – “Just let it take place, and that’s the way the Capitalist Cookie crumbles. What would Cuba be doing? The great invisible hand will fix things!”

Where I currently work – a small non-profit – the amount of software and tracking-time management apps and all the government agencies I have to get my mandatory trainings on and get my certifications renewed, well, it’s almost daunting. That’s the squeeze, the money train to the middle men, having nothing to do with my job, my humanity, work.

This is a non-for-profit agency working with adults with ID/DD.

Imagine all those warehouses and factories and office buildings and other places where the atomization was already on overdrive before the plan-pandemic.

Now, with the lockdowns, the on-line doom dungeons, and alas, with more and more AI and IT measures in place to keep us out of each other’s social distance arena, things are really degrading big time.

Teaching to the New Technology

I want to look at another gig I had – substitute teaching. Not just the bad working conditions of the public schools and anxious teachers and idiotic principals and the dictatorial superintendent. Let’s look at the payrate. Look at this – substitute teachers, K12, in Oregon, on the Coast, now managed by a Tennessee outfit. Note the hourly rate, and of course, coming into substitute teaching, a teaching certificate is required, and that means, well, most teachers like me, we have master’s degrees. That Oregon licensing costs another cool $400 to get the license and jump through the hoops. We get no mileage expended to get to and from very remote schools.

Job details — $14 an hour; Full-time/ Part-time; The State of Oregon requires all substitute teachers to hold an active Oregon Teaching License, Restricted Substitute Teaching License, or an Oregon Reciprocal License.  As leaders in the education staffing space since 2000, ESS specializes in placing qualified staff in daily, long-term, and permanent K-12 school district positions including substitute teachers, school aides, and other school support staff. With more than 700 school district partners throughout the US, ESS supports the education of more than 2.5 million students every day.

I had been teaching as a substitute a year ago. I had been hired by the District, and my contacts were through the District. I was making $80 for four hours and $160 for seven. In many cases I could get called in late and then get ready, make the drive in the rural county, get to the school and still  get the full day’s pay rate. That’s more than $18 an hour, and alas, I got to know the teachers who wanted me when they had planned absences, and the school secretaries also knew me.

There is a shortage of substitutes, and, well, if things were better all around, substitutes could be integrated more seamlessly and holistically to provide amazing outside the box perspectives and teaching.

Not so in Lincoln County, as is true of most counties, with plenty of Administrators, plenty of bullshit curriculum cops, plenty of teach-to-the- test zombies running roughshod over the entire project of working with our youth, our kids, our aspiring young adults.

This staffing “solution” is killing again teachers getting together, working with the district, getting to know people in the district, airing grievances with the district. Everything goes through this Tennessee outfit. Complaints go nowhere, and if you get a complaint leveled against you by a school, ESS will NOT go to bat. They have taken that $18 an hour and whittled it to $14 an hour. Then, they probably charge more than just that $4 per each hour taught to the DIstrict. Add to the fact they will manage who gets called, how they get called. These people are running call centers, data dredging centers, and know zilch about the schools, the roads, the weather, the culture, the teachers, the students.

I am sure they will not be allowing teachers to get a few extra hours pay if they are called in late and end up working a partial day. I am sure there are all sorts of cost-cutting (human-killing measures) this Education Staffing Solutions outfit deploys.

And, they probably pay Google for a net cast to see how many hits on the world wide web Education Staffing Solutions gets mentioned or Yelped or rated on Indeed or Linked In. You can only imagine if I was still employed as a substitute teacher, through ESS, that conversation happening, as ESS would be the outfit that would be managing me, so to speak. Finding this article criticizing them, well, sayonara subbing Mister Paul Haeder.

Management fees, man, and government (local, city, county and state, and federal) giving up oversight and decent livable wages for all the agencies and the public utilities (that we could have) and everything else, gone to middle and middle and middle men.

Again, these warped folk with ESS probably backed Trump and believe in Capitalism on Steroids, while they make bank on all the public entities across the land, AKA, public schools.

That the bus systems for schools is now outsourced from sea to shining sea, that again, defines the bottom line of pathetic capitalism. All the food cooked in cafeterias, outsourced to Sodexo. There is nothing local anymore, and these multinationals, these huge stockholder and stock board run outfits, they are making money off of us, US taxpayer, and in that formula, they are welfare recipients, and mostly welfare cheats, and with ESS, they are ripping off the very people that do the work – teachers, para-educators, more.

My comeuppance it seems was being banned from the entire District because of a few students I was in charge of at a local high school accused me of “upsetting” them when we were having a classroom discussion about homelessness, about epigenetics and families, about poverty, about the potential for many people to become substance abusers. We were talking about the books Of Mice and Men and Animal Farm.

What happened was La-La-Land level stuff, and while I think some students are crackpots, and little versions of really bad parents, I am ready to deal with crackpots and talk them off their cliff.

I did not get my day in court, so to speak, and I was not allowed to explain what could have been the students’ (three of them) hysteria, and I had no chance to query the people involved or bringing in the rest of the classroom students who were both inquisitive and enthralled to have a well-traveled, well-read, well-educated, well-experienced person like me in their classroom, albeit, temporary.

And ESS did nothing to defend me, protect me, or gain some sort of redress. That was a year ago.

Here’s a positive story — “Musings on a Monday After Teaching High School Get You Down? Nope!”

Another — “Professor Pablo and Fourth Grade Enlightenment in Lincoln City”

Education By and Because of the Corporation

The backdrop of my teaching debut … was a predicament without any possible solution, a deadly brew compounded from twelve hundred black teenagers penned inside a gloomy brick pile for six hours a day, with a white guard staff misnamed ‘faculty’ manning the light towers and machine-gun posts. This faculty was charged with dribbling out something called ‘curriculum’ to inmates, a gruel so thin [that this school] might rather have been a home for the feeble-minded than a place of education.
— John Taylor Gatto, “The Underground History of American Education,”

I did get a bird’s eye and on-the-ground look at the elementary, middle and high schools in this District. I have done substituting elsewhere, as in Vancouver, Seattle, Spokane and El Paso. Things are not looking good for youth. And I have written about that fact decades ago, and, yes, way before COronaVIrusDisease-2019, and, now, in a time of stupidity, fear, self-loathing, and complete loss of agency, the world is flipped around and, in most cases, crushed for our young people.

Did I mention fear, and while this Intercept piece below is a superficial look at the digital divide, there is so-so much more to write about this lockdown and social (pariah) distancing. It is a caste system on steroids. Calling it “remote learning” is doublespeak, oxymoronic.

In agro-industrial Watsonville, California, English-language learners struggle with remote learning. It’s much easier for students in a nearby Bay Area suburb.

I have a daughter, a step-daughter and a niece in various schooling situations. One is in med school, one is getting a chemistry degree and one is in esthetician school. Hmm, you’d expect hands-on for med school and chemistry majors. Nope. The fear factor for one of the three young women is high, and she is not wanting to leave campus, and the great reset is not in her vocabulary. There is a bombastic, “I am so glad Trump is gone. I hate him. I wish he was dead” from one of the college students. But that’s about it.

The med school woman, well, she is still having to pay out the nose for the school, yet there are less hands-on classes, again, through this doublespeak system of “remote learning.”

Now the esthetician student is hands-on, learning about the human skin dynamics, the chemistry of things in the body and outside, and working on clients, hands on. Seems very interesting that this one area – not to knock one career choice over another – has more practical hands on work than university-level chemistry majors and medical school attendees.

Now, the chemistry major’s school is introducing an “app of paranoia and tracking 101” – you put it on your smart phone, and all those who accept this app, well, as soon as someone tests (sic) positive for the virus (sic), then the entire network of users will get a notification and a detailed map of that person’s whereabouts. Oh, it’s secure, safe, no personal data shared (or mined – right!) they say, and that is a blatant lie-lie-lie. This is the Great Reset, and it’s pathetic and a gateway drug to implanted RFID’s.

The two college students, well, they are focused on their majors, but because of the siloing (atomization) of schooling, the demands on S/T/E/M do not enter the real of STEAM, science technology engineering arts math as  interdisciplinary critical studies and as a praxis of seeing how the world could, should and might work outside the Corporate Thievery of Capitalism.

The net effect of holding children in confinement for twelve years without honor paid to the spirit is a compelling demonstration that the State considers the Western spiritual tradition dangerous, subversive. And of course it is. School is about creating loyalty to certain goals and habits, a vision of life, support for a class structure, an intricate system of human relationships cleverly designed to manufacture the continuous low level of discontent upon which mass production and finance rely.” —John Taylor Gatto, The Underground History of American Education

More atomization, and more dumb-downing, and more caste systems, and more social-economic-intellectual-employment-philosophical-cultural distancing. This is it for us, no?

 …. the world’s 26 richest people currently have the same amount of wealth as the poorest 3.8 billion—down from 61 people in 2016. As the rich get richer, sea levels are rising, tribalism is flourishing, and liberal democracies are regressing. Even some of the wealthiest nations are plagued by job insecurity, debt, and stagnant wages. Ordinary people across the political spectrum are increasingly concerned that the system is rigged against them. Trust in public institutions is near an all-time low.” [source]

Read some of this report, and the surface stuff, well, just surface feel good stuff, but dig deep — Oxfam Report. It’s harrowing.

Nick Hanauer, entrepreneur and venture capitalist:
I am a practitioner of capitalism. I have started or funded 37 companies and was the first outside investor in Amazon. The most important lesson I have learned from these decades of experience with market capitalism is that morality and justice are the fundamental prerequisites for prosperity and economic growth. Greed is not good.

The problem is that almost every authority figure – from economists to politicians to the media – tells us otherwise. Our current crisis of inequality is the direct result of this moral failure. This exclusive, highly unequal society based on extreme wealth for the few may seem sturdy and inevitable right now, but eventually it will collapse. Eventually the pitchforks will come out, and the ensuing chaos will not benefit anyone – not wealthy people like me, and not the poorest people who have already been left behind.

Ironically, the woman going into the beauty field is much more keenly aware of the economic and social disasters befalling small businesses in her own city, her own state and her region of the country.  She is super left, but is keenly aware of her democratic governor’s insipid lockdown measures.

I have many friends who now are going bankrupt, closing their businesses. Those businesses are part of a multiplier fabric. The town is or was so much better off with all these independent and mom and pop owned businesses. Not just the cool eateries and breweries, but many people I know opened up furniture stores, businesses around building and construction, all kinds of services you can’t find at the national level. Heck, used computer parts and computers, and even car rental places. Things that are not part of the monopolizing Fortune 500 set. Gone.

That means, of course, STEAM is damaged, in that, sure, the arts are hit hard, but the rest of the STEM also are hit hard on many levels. These STEM folk like their food, beer, edgy stuff, locally sourced and owned. The neutron bomb  that the lockdowns and lack of financing and wages and deep-deep help for the small guys and gals, well, it is hollowing out and even more hollowed out economy. The STEM folk will follow the money, while the arts folk and those deeply tied to something richer than science for profit and engineering for war and math for building and construction and technology for the Fourth Industrial Revolution will embed and grow a city’s or town’s or area’s culture.

This all leads us back to the semi-liberal class, even the youth who hate Trump and who don’t get all the conspiracies because they go to schools (universities) which are nothing to shake a stick at, since they are tied to social constructs and hierarchies reliant on the investor class; and they pay out the nose, take out loans and go to classes that are on-line, given to them now largely by scared educators, monitored and mashed up by the Titans of Technology, who have colonized every aspect of our society, ESPECIALLY, PK12 and higher education.

The young woman working on beautifying people and supporting their self-esteem and confidence on a superficial level (skin deep beauty, so to speak), well, she is more acutely aware of the lies of the authorities on both sides of the political manure pile than these card-carrying creeps who actually think Kamala Harris is something good. Anyone-but-Trump is what got us here, this evil of two lesser, lesser of two evils. The two college-going/educated ones are more and more tied into getting out and making money, and not to knock them, because they too know the disgusting reality of poverty and more and more people who once had decent lives, who were the fabric of communities, from that baker to the speech therapist, from that teacher to the counselor, from that glass blower to that coffee shop owner, from all those service workers with lives outside just the service economy (if they are budding or bustling artists).

The creative class is not what Richard Florida yammers about. The liberal class, as Chris Hedges writes, is dead. Education has been gutted and sold down the river, as Henry Giroux states. The New Jim Crow, as Michelle Alexander states, is the new normal for not just American mindsets at the citizen level, but on the economic and investor and Capitalist level.

But conditions today favor the amateur. They favor “speed, brevity, and repetition; novelty but also recognizability.” Artists no longer have the time nor the space to “cultivate an inner stillness or focus”; no time for the “slow build.” Creators need to cater to the market’s demand for constant and immediate engagement, for “flexibility, versatility, and extroversion.” As a result, “irony, complexity, and subtlety are out; the game is won by the brief, the bright, the loud, and the easily grasped.”  — “The Great Unread: On William Deresiewicz’s The Death of the Artist

Capitalism is fascism, and it takes over entire cities and states and regions. It operates on the “buyer beware” mentality, which relies on consumers to take it up the rear, no foul called on the billionaires and CEOs and capitalist systems;  and it is protected through the fascist laws of the land created by the massagers of the law from the Supreme Court down to traffic court.

More Nazis Than They Knew What to do With

Again, the great reset tied to Dashboards, a million different types of Education Staffing Solutions (ESS), universal buffoon incomes, all of that inculcated by Karl Schwab, Bill Gates, the Aspen Institute, the TED-X-ers, the World Economic Forum, all of them in the elite class, their handlers, their sycophants, all of those billionaires determining the course of cradle to grave predetermination for billions of people (Zuckerberg has encircled the African continent with his cables and lines and  fiber optics), that reset was started decades ago. Debt. Foreclosures. Bailing out corporations. Drugs for guns; Crack Cocaine and the CIA; and, well, the CIA is god, into everything, right, making sure the reset has already been ensured. CIA and Nazis, and Mossad and Jihad, and, these are the merry makers of the world of Lords of War, Lords of Disruptive Economies, Lords of Predatory-Parasitic-Vulture-Usury Capitalism.

Operation Paperclip – 1,600 of Hitler’s Angels of Death. Housing, citizenship, and carte blanc living in the United States. Families welcomed. Italy’s and Germany’s intelligent agencies working closely with the National Security State, and this was in the form of so-called the rat-lines. Tens of thousands going to South America. Tens thousand other Nazi’s allowed to come to USA.

And this was the plan, from the last days right before WWII ended with an illegal double bang of Atomic Murdering Tools – all these stay-behind armies from those defeated fascists of Italy and Germany. Check out this interview on RT –Chris Hedges talks to Gabriel Rockhill about the undercurrents of fascism in America’s DNA, and the US role in internationalizing fascism after World War II through clandestine activities such Operation Paperclip and Operation Gladio.

Rockhill is a Franco-American philosopher and the founding Director of the Critical Theory Workshop and Professor of Philosophy at Villanova University. His books include Counter-History of the Present: Untimely Interrogations into Globalization, Technology, Democracy, Interventions in Contemporary Thought: History, Politics, Aesthetics, Radical History & the Politics of Art and Logique de l’histoire.

Try having conversations with liberal (illiberal) college-educated and college-loving Democrats about USA’s bioweapons program dating back to again, WWII, and Japanese scientists who were working on all sorts of bioweapons but were captured by the USA and reappropriated and brought back to the USA for, well, good paying jobs.

That is capitalism, right, reappropriating and stealing and setting up systems of mental, physical, psychological, biological, ecological, cultural repression, and eventually, disease and illness, because it pays more to treat and encourage the disease than it does to have a society living disease-free or at least living with those old time religion concepts of – precautionary principle, do no harm, preventative medicine, treat your fellow human as you would want to be treated. You know, all of that mumbo-jumbo that is not put into practice one iota in Capitalism, but certainly is mishmashed into the systems of propaganda, and, alas the “Si Se Puede” marketing of such criminals at Audacity of Hope Obama. et al makes some feel like there is change where change will NEVER be.

Until we get this liberal archetype  who says Columbus was a bad guy, and that the USA was built upon the deaths and murders of Indians and Blacks, but, shoot, when ordering from the Prime Amazon account, or when scrolling up and down the iPhone, and, well, all of that which we take for granted in this First World which comes on the back of people here and now in this country and especially in other countries, then, well, the tune changes.

Fascism: Artificial Intelligence, Virtual Reality, Augmented Reality

Because in an economic fascism, when again, old worn out people have to still hoof it to Walmart and stock shelves, and when there is no home health care for the sick and dying, young or old, unless there is always huge exchanges of money going out into the pockets of the purveyors of capitalism, you will be getting variations on a theme of a people hooked on Netflix, hooked on buying, hooked on not knowing, hooked on confusion and chaos and, well, this is what is planned.

The great reset and fourth industrial revolution are no-brainers. We’ve given up our fingerprints for a shit job, we have given up blood and urine for a shit job, we are guilty before we can attempt to prove our humanity, our innocence, and in reality, we are always guilty in the eyes of Capitalists.

Western and ruling class ideologies have played a crucial and cruel role in the violent transformation of the peoples, ecosystems and biosphere. The Fourth Industrial Revolution represents the most violent transformation of all. For as long as the ruling class is allowed to exist, social and environmental justice remain pipe dreams. [Cory Morningstar, source]

We are now taking those supposedly benign things like tracking outcomes – you know, if you have prenatal education and vitamins as a pregnant teen, and if you get the little tikes reading on a Chromebook, watching Sesame Street and if you eat this veggie over that deep friend morsel, and, all of those metrics that the data ditzes love, all of it is now being used AGAINST self-agency, AGAINST not just individuals, but all manner of classes, groupings, economic strata. You do the stuff “right” which Bill and Melinda have studied are right, then there will be s few more digital dollars in your bank account. If you fail to do them, well, no more dialing for dollars.

Because the jobs are going. The mom and pops are folding. Even chains like bowling alleys and movie theaters, all of that, they are shuttering. This revolution was already in the works before Marshall McLuhan and the medium is the message and Herman and Chomsky’s manufacturing consent. Way before deadly at any speed, a la Nader, and way before the lies of better angels of our nature Pinker.

The fix was in long-long time ago, when the food was locked up and the agricultural revolution forced us to stop being human and humane, and made us into the cogs in so many machines of oppression and suppression.

Until today, when the Catholic freaks are coming in their vestments with their exorcising tools for anyone who would dare desecrate the statue of Columbus or any Fray who pushed their stinking selves and their stinking religions onto this continent and the one south.

In response to Indigenous-led efforts that demanded land back and the toppling of statues, Catholic Church leaders in Oregon and California deemed it necessary to perform exorcisms, thereby casting Indigenous protest as demonic. [Truthout]

LaRazaUnida cover the Fray Junípero Serra Statue in protest at the Brand Park Memory Garden across from the San Fernando Mission in San Fernando on June 28, 2020.

Exorcism: Increasingly frequent, including after US protests

This is 2020, and the trillionaire Catholic Church is walking in downtown Portland with these conquistadors of nothingness, while the great reset is happening, with the green light of the Pope. “The story did not end the way it was meant to,” Pope Francis wrote recently, deftly excommunicating about a half-century’s worth of economic ideology.  [source] In a striking, 43,000-word-long encyclical published last Sunday, the pope put his stamp on efforts to shape what’s been termed a Great Reset of the global economy in response to the devastation of COVID-19.”

Here it is imperative to note the consolidation of power happening in real time. World Economic Forum founder and CEO Klaus Schwab refers to this consolidation as a new global architecture; the new global governance. The following dates of are of paramount significance. On May 18, 2018, the World Bank partners with the United Nations. On June 13, 2019, the World Economic Forum partners with the United Nations. On March 11, 2020, the World Economic Forum partners with the World Health Organization (a UN body) launching the COVID Action Platform, a coalition of 200 of the world’s most powerful corporations. This number would quickly swell to over 700. On this same day, March 11, 2020, the WHO declares COVID-19 a pandemic. The UN-WEF partnership firmly positions Word Economic Forum at the helm of the Sustainable Development Goals (SDGs, also referred to as the Global Goals), which they are frothing at the mouth to implement. This is not because they care about poverty, biodiversity, the climate, or world hunger. Marketed with holistic language, dressed with beautiful images of brown smiling children, SDGs represent the new poverty economy (impact investing/social impact bonds) and emerging markets. Children as human capital data to be commodified on blockchain linking behaviour to benefits. Coercion has been repackaged as empowerment. The human population to be controlled via digital identity systems tied to cashless benefit payments within the context of a militarized 5G, IoT, and an augmented reality environment. A world where every function of nature is monetized, to be bought, sold and traded on Wall Street. — Cory Morningstar, The Great Reset: The Final Assault on the Living Planet [It’s not a social dilemma — it’s the calculated destruction of the social — Part III]

Pope Francis meets with members of the clergy after his weekly general audience at the San Damaso courtyard, at the Vatican, September 30 2020. REUTERS/Yara Nardi - RC2X8J96HY8F
[Pope Francis meets with members of the clergy after his weekly general audience at the San Damaso courtyard, September 30 2020. Image: REUTERS/Yara Nardi]
  1. Erlend Kvitrug, June 29, 2019 at Foreign Policy Magazine.

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