Tuesday, April 28, 2020

THE CASE AGAINST NANCY PELOSI: MENACE OR SIMPLY TRAITOR TO ALL OF AMERICA BUT THE WEALTHY?

Pelosi is a ghastly creature. She and her ilk – Feinstein, Boxer, Jerry Brown, Gavin Newsom – have effectively destroyed California and they did it on purposeThey strive to import as many illegal migrants as possible; they've created and fostered the homelessness and let it fester. California is now a socialist disaster and the further destruction of the economy is just what they've wanted. They see it as their chance to transform the state into Venezuela.


GLOBALIST BARACK OBAMA AND NANCY PELOSI’S CONSPIRACY TO SABOTAGE HOMELAND SECURITY AND KEEP AMERICA FLOODED WITH DEM VOTING ILLEGALS


"Along with Obama, Pelosi and Schumer are responsible for incalculable damage done to this country over the eight years of that administration." PATRICIA McCARTHY (BIDEN IS NOT NOTED AS HE SPENT 8 YEARS DURING THE OBOMB FOR BANKSTERS REGIME SUCKING OFF BRIBES AND NO ONE REALLY SAW HIM)

San Francisco is a disaster about which Nancy Pelosi she cares nothing.  It is a city ravaged by drug abuse, homelessness, rampant crime and all the other scourges of leftism.  She lives extravagantly in her gated mansion.  She lives a life of wealth and privilege in city suffering a civilizational collapse created and orchestrated by 
her own party.  She revels in it.  She has become a near-billionairess by way of politics of the most corrupt variety.  She is indeed a cancer on the body politic. PATRICIA McCARTHY

 


Nancy Pelosi, a ghastly creature, quite beyond the pale

On Monday, Speaker Pelosi finally got around to endorsing Joe Biden for president.
Today, I am proud to endorse Joe Biden for president of the United States because he will be an extraordinary president. He knows how to get the job done. When our nation faced the Great Recession, it was Joe Biden who led the implementation and the accountability of the Recovery Act, helping create and save millions of jobs. Now more than ever, we need a forward-looking, battle-tested leaders who will fight for the people, a president with the values, experience and the strategic-thinking to bring our nation together and build a better, fairer world for our children. For these and other reasons, I am proud to endorse Joe Biden for president, a leader who is the personification of hope and courage, values, authenticity and integrity.

YouTube screen grab.
Has anyone ever heard a bigger load of sheer nonsense?
Any remotely sentient person knows by now that Joe Biden is an intellectual lightweight, a plagiarist, corrupt to his core (he has seen to it that every member of his family has become fabulously wealthy thanks to his nefarious shenanigans), and that he is suffering from rapidly advancing dementia.  His wife Jill seems to want to be first lady so badly she is willing to sacrifice her husband's well-being to her own hunger for power.  Maybe she thinks she can be Edith Wilson, Woodrow Wilson's second wife, who ostensibly ran the country after Wilson's massive stroke in 1919.  He had suffered three previous strokes: 1896, 1906, and 1913.  Wilson was an avowed racist and the first "progressive" president to attempt the transformation of America.  He was a nasty piece of work.  Obama was his direct descendent politically. 
Joe Biden suffered two aneurysms for which he underwent brain surgery.  He survived those operations and remained a senator without distinction.  As Robert Gates wrote in his book, Joe Biden has been wrong on every foreign policy issue for forty years.  He has always been a mediocre senator and everyone — the media and the DNC — knows it.
Pelosi now seems to be almost as senile as Joe.  She stumbles and mumbles when speaking, forgets names, and is often as completely nonsensical as Biden.  She is so out of touch with the American people that she can show off her fancy refrigerator and $13-a-pint ice cream as a prescription for enduring the stay-at-home edicts.  And now she is endorsing a man the whole world knows is mentally deficient.  The woman is a menace to society.  And like the rest of the left, she assumes the American people, at least her Democrats, are mind-numbed idiots, that despite Biden's obvious mental problems, he can be elected president. 
Then came COVID-19.  The left could not believe its good fortune.  All previous attempts to destroy Donald Trump had failed because they were all fabricated hoaxes; Russia collusion, the thoroughly discredited Mueller report, Ukraine quid-pro-quo, impeachment.  Pelosi was happily onboard with Adam Schiff's phony impeachment scam; Schiff is the biggest fool in the House, and thankfully, his unscrupulousness is gradually coming to light.
Pelosi dragged the impeachment process out as long as possible.  "Procrastination is also a subtle act of corruption — it corrupts valuable time" (Amit Abraham).  She was playing power politics and paying absolutely no attention to COVID-19.  As late as the end of February, she was encouraging San Franciscans to party in the streets for the Chinese New Year.  She opposed Trump's travel ban.  Now she blames him for the virus itself.  The woman is a harpy.  Nothing proves her lack of concern for the country more than her predictable and prescribed endorsement of Biden.  The left and its governors intend to drag out the destruction of the American economy for as long as possible in the mistaken belief that it will ensure the defeat of President Trump.
Biden's mental decline is so apparent that it is likely that the DNC will be forced to somehow select another candidate before November.  It had better not be Saint Andrew of Albany.  He has managed his state's virus crisis horribly.  He is an arrogant, incompetent jerk.  Ordering COVID-19 patients into nursing homes and not to the hospital ship or the field hospitals that Trump has speedily provided cost thousands of lives.
Pelosi is the presumptive leader of her party but has been part and parcel of the Russia hoax, the Kavanaugh spectacle, impeachment and her party's failure to grasp the seriousness of this virus when Trump did, when only one person in the US had died from it. The Democrat party as a whole has devolved into a Tammany Hall machine. Nancy Pelosi has long been their Boss Tweed
Pelosi is a ghastly creature. She and her ilk – Feinstein, Boxer, Jerry Brown, Gavin Newsom – have effectively destroyed California and they did it on purpose. They strive to import as many illegal migrants as possible; they've created and fostered the homelessness and let it fester. California is now a socialist disaster and the further destruction of the economy is just what they've wanted. They see it as their chance to transform the state into Venezuela.
Nothing proves their contempt for hardworking Americans more than their embrace of this lockdown. Pelosi pretends to revere democracy, but she means to foment and protect the plutocracy she believes she has successfully brought into being.
The greatest evil which fortune can inflict on men is to endow them with small talents and great ambition." (Vauvenargues)
Pelosi, Schiff, Schumer, et.al. are all small talents with great ambition who have inflicted evil upon our nation.




Amid simmering crisis over sexual assault charges

Nancy Pelosi endorses Biden


28 April 2020
On Monday, House Speaker Nancy Pelosi formally endorsed Joe Biden, the presumptive Democratic Party candidate in the 2020 presidential election. In an eleven-minute video, Pelosi lavished praise on the pro-war, pro-corporate long-time senator and vice president under Barack Obama, the most right-wing of the major contestants for the nomination.
Pelosi called the 77-year-old, semi-senile political hack a “voice of reason” in the coronavirus crisis and absurdly described him as “a leader who is the personification of hope and courage, values and integrity.” In the midst of the greatest corporate bailout in world history, she specifically praised Biden for his role in the multi-trillion-dollar bailout of Wall Street during the 2008–2009 financial crisis.
Pelosi’s endorsement followed endorsements earlier this month by Bernie Sanders, Elizabeth Warren and Alexandria Ocasio-Cortez, marking the line-up of the so-called “progressive” wing of the party behind the candidate of the party apparatus, whose official imprimatur was signaled by the endorsement the same week by Barack Obama.
But the unity at the top has not resolved the party’s deep crisis. Biden is despised by broad sections of the working class and especially youth and younger workers, and there are many indications that large sections of those, especially young people, who supported the Sanders campaign may not accede to Sanders’ post-capitulation demand that they vote for Biden.
Their disquiet has been increased by the news last week that Biden’s chief economic adviser is Larry Summers, a key architect from the 1990s to the present of the policies of deregulation and economic parasitism that have enabled the financial aristocracy to monopolize ever greater portions of society’s wealth.
This has been compounded by a simmering scandal involving allegations of sexual abuse against Biden by Tara Reade, a one-time staffer in Biden’s Senate office, who filed a complaint with Washington DC police in March accusing the then-senator from Delaware of having assaulted her in 1993.
The alleged incident occurred 26 years ago, there were no other witnesses, Reade did not file a complaint with the police at the time, and the statute of limitations has long since expired. Biden himself has said nothing, but his campaign has denied the charges.
has no way of knowing whether Reade’s allegations are true. One thing is clear, however. The response of the Democratic Party and media organizations aligned with it, such as the New York Times and the Washington Post, which have spearheaded the #MeToo witch hunt and reveled in the “take down” of dozens of prominent men on the basis of unsubstantiated allegations of sexual misconduct, has exposed their rank hypocrisy.
The Times and the Post failed to report Reade’s allegations for weeks after the story was broken by Sanders supporter Katie Halper on her podcast in March. In mid-April they posted articles emphasizing inconsistencies in Reade’s story and insisting that it had to be carefully examined and Biden given the presumption of innocence before reaching any conclusion as to his guilt.
The Democratic National Committee has said nothing, nor has Senate Minority Leader Chuck Schumer, Sanders, Warren or most of the dozen or so women on Biden’s short list for his vice presidential running mate. Pelosi has spoken publicly only once on the matter, telling MSNBC on April 17 that she was “satisfied” with Biden’s denial. She appeared Sunday on CNN’s “State of the Union” program and was not asked by moderator Jake Tapper about the issue.
The contrast between the treatment of Biden by the Democratic Party and the pro-Democratic media and the treatment of a host of targets of #MeToo sex charges could not be more blatant. The mantra “believe women” that was proclaimed repeatedly, including by Biden himself during the September 2018 Senate confirmation hearings for Supreme Court Justice Brett Kavanaugh, has been supplanted by a sudden (dishonest) affirmation of the democratic principles of due process and the presumption of innocence.
What has been exposed is the role of the #MeToo campaign as an adjunct of the Democratic Party. Its proponents have changed their tune because the McCarthyite methods of #MeToo in this particular case cut across the interests of the Democratic Party and substantial sections of the ruling class that are backing Biden in the contest with Trump.
There are, however, forces aligned with the Democratic Party that are pushing Reade’s allegations and calling out the party apparatus for seeking to quash them. The Intercept has published a number of articles as have some pseudo-left Sanders promoters, including Jacobin magazine.
This opposition has increased since the posting Friday by Newsbusters of a video clip from an August 1993 CNN “Larry King Live” program in which a woman, identified by Reade as her mother, calls in and cites the case of her daughter, who was “working for a prominent senator and could not get through with her problems at all.” The caller does not identify the senator and does not mention sexual harassment, but the clip seems to confirm Reade’s claim that she told her mother of the incident with Biden at the time.
The video has been widely reported by Fox News and other right-wing media, but largely suppressed by the rest of the corporate media.
Fox News reported Monday that the hashtag #dropoutbiden was trending on Twitter on Sunday, until it was allegedly removed. Nick Brana, Sanders’ former national outreach coordinator, tweeted over the weekend that the Democratic National Committee should either force Biden to drop out or “admit that suppressing progressives is the true purpose of your party.”
Another former Sanders senior adviser, Winnie Wong, tweeted: “The video of Tara Reade’s late mother calling into Larry King to blow the whistle about Tara’s sexual assault is being met with relative silence from a cadre of progressives right now and I want you all to know that I see you. We all do.”
Within this context, Pelosi’s abrupt endorsement of Biden appears to be an effort to contain and silence the voices calling for him to step aside and make explicit the party’s demand that the matter be dropped. Pelosi’s video appears to be part of a circling of the wagons around Biden.
On Monday, the co-chair of the Congressional Progressive Caucus, Representative Pramila Jayapal (Democrat from Washington state), endorsed Biden, after having served as the Sanders campaign’s national chair for health policy. Biden was the most strident opponent of Sanders’ call for “Medicare for all” during the primary contest, repeatedly denouncing it on the grounds that it would cost several trillion dollars. Of course, both he and Sanders are now supporting a bailout of the corporate-financial elite that has already reached some $10 trillion.
“I am ready to work with him [Biden] to craft and then implement the most progressive agenda of any candidate in history,” Jayapal said in a statement.
Her endorsement followed that of two other former Sanders campaign officials. The Progressive Congressional Caucus’s other co-chair, Mark Pocan of Wisconsin, endorsed Biden last week, as did Representative Ro Khanna of California. Pocan and Khanna served as co-chairmen for Sanders.
There is nothing progressive in the efforts of disaffected Democrats and their pseudo-left allies to dislodge Biden on the basis of unsubstantiated sex allegations. Even assuming that Reade is telling the truth, in which case Biden should be held to account, the fact is that Biden and his party are guilty of far greater crimes.
The wars Biden supported in Afghanistan and Iraq alone killed hundreds of thousands of people, including women and children. The Obama administration, in which Biden served as second-in-command, made drone assassination a major instrument of US foreign policy, asserting the right to murder US citizens and carrying out the assassination of at least three Americans. In 2010, Biden himself declared persecuted journalist Julian Assange to be a “hi-tech terrorist.”
It is not a question of replacing Biden with some other servant of American imperialism and Wall Street and promoting the middle class politics of racial and gender identity. The crisis requires the mobilization of the mass of workers, who are increasingly fighting back against the return-to-work campaign of both big business parties, and behind them all genuinely progressive elements in the middle class, on the basis of a revolutionary socialist program in opposition to the entire two-party system and the ruling class it defends. 

After the 2008 crisis, the Bush and Obama 

administrations orchestrated the bailout of 

Wall Street, buying up all the bad debts, 

particularly in mortgage-backed securities, 

that had been used as vehicles for an orgy of 

speculation. As a result, social inequality 

increased to record levels. Corporate cash 

hoards rose to $2 trillion. Some $4 trillion 

was funneled into stock buybacks.



Far from being forced to pay for the economic consequences of the pandemic, the banks and corporations have simply been bailed out again, this time on a far larger scale. Once again, the crisis is being utilized as an opportunity to restructure class relations in the interests of the rich.

The Great Wall Street Heist of 2020

28 April 2020
The economic fallout from the COVID-19 pandemic continues to have devastating consequences for the vast majority of the population in the United States. The new month begins on Friday, which means that rents and mortgages will come due for tens of millions of workers who have no income to pay for them.
More than 20 million people have filed for unemployment benefits over the past five weeks. In March, less than 30 percent of those who filed received any benefits. Millions more are ineligible for any assistance.
Millions of people have yet to receive anything, including the $1,200 federal cash stimulus, and are desperately attempting to stave off destitution. Food banks are overwhelmed by demand and are running out of staple goods. According to the Economic Policy Institute, more than nine million people who lost their jobs have also lost their health insurance through April 11, with millions more in the weeks that have followed.
There are, however, two realities, two 
Americas. While the economic destitution of 
workers is being used in an effort to drive 
them back to work over widespread 
opposition, the corporate and financial 
oligarchy has seen its fortunes increase.
Gigantic corporations, many of which have massive cash hoards, are laying off employees while continuing to pay executives. Entertainment giant Disney recently came under public scrutiny over the fact that it has furloughed more than 100,000 workers while maintaining its executive compensation program. But this is the general rule.
US billionaires, since mid-March, have 
increased their wealth by $282 billion. The 
collective fortune of these 614 individuals, 
which totals $3.2 trillion, has been buoyed by 
the continued rise of share values on Wall 
Street, which increased sharply again on 
Monday.
A headline in the German newsweekly Der Spiegel yesterday captured the economic situation: “The death toll in the US is rising—so are the markets.” Noting that while businesses remain shut down and joblessness exceeds by far anything seen in American history, Der Spiegel writes: “So if the fundamental economic data actually offer so little incentive to buy, what is behind the rally? The solution to the riddle has three letters: Fed.”
The Fed—that is, the US Federal Reserve—has made clear that it will do everything in its power to support Wall Street. As a consequence, the markets keep going up. “If you wanted to bet on price losses,” Der Spiegel remarks, “you would have to bet against an institution whose funds are practically infinite.”
Beginning in March, as the Trump administration and the media were downplaying the danger posed by the coronavirus pandemic, the Federal Reserve began funneling money into the markets—first by reducing interest rates to zero, then by initiating a raft of programs to buy up assets from banks and corporations, providing them with cash to purchase stocks.
The activity of the Federal Reserve was endorsed unanimously by the US Congress in late March, when it passed the “CARES Act,” which allocated $454 billion to finance up to $4 trillion in asset purchases. Every single senator voted for the CARES Act, including the erstwhile “democratic socialist” from Vermont, Bernie Sanders.
The Fed is spending something on the order of $80 billion every day. The central bank’s balance sheet is expected to increase to as much as $11 trillion, from less than $4 trillion last year and less than $1 trillion before 2008. This would bring the overall value of assets held by the Fed to nearly half the entire annual economic output of the United States.
One should call things by their right names. Terms such as “asset purchases” and “quantitative easing” tend to obscure what is happening. This is plunder, thievery, robbery on an unprecedented scale. Since stock ownership is overwhelmingly concentrated among the rich, it is the rich who are benefiting.
The Great Wall Street Heist of 2020 has been aided and abetted at every stage by the Democratic and Republican parties. The various institutions of the state, including the mainstream media, have exposed themselves as nothing more than the paid hirelings of Wall Street, to put the matter delicately. Others might have more expressive terms.
After the 2008 crisis, the Bush and Obama administrations orchestrated the bailout of Wall Street, buying up all the bad debts, particularly in mortgage-backed securities, that had been used as vehicles for an orgy of speculation. As a result, social inequality increased to record levels. Corporate cash hoards rose to $2 trillion. Some $4 trillion was funneled into stock buybacks.
Far from being forced to pay for the economic consequences of the pandemic, the banks and corporations have simply been bailed out again, this time on a far larger scale. Once again, the crisis is being utilized as an opportunity to restructure class relations in the interests of the rich.
Everything turned over to Wall Street will be paid, in one form or another, by the working class--through austerity, the further destruction of social programs and intensified exploitation. Hence the relentless campaign to return everyone back to work, risking a new wave of the pandemic and the deaths of countless thousands of people.
Such measures, we are told, are necessary to “save the
economy.” But “the economy,” like the “American people,” is an abstraction. “The economy” that has been “saved” is the economy of the rich, capitalism. Every measure taken has 
been based on protecting the interests of  the oligarchy at the expense of society. 
Every policy has been guided by class interests.
A socialist response, that is, one based on the interests of the working class, is of an entirely different character. Trillions must be allocated, not to bail out Wall Street, but to implement an emergency program to build up health care infrastructure and provide protective equipment to all essential workers.
The loans and other mechanisms through which the income of workers is earmarked for payments to the banks must be immediately forgiven. Student debt ($1.5 trillion), car loans ($1.3 trillion) and credit card debt ($1.08 trillion) could all be wiped out with the money that has been turned over to Wall Street, with trillions still left over.
All workers must continue to receive their full income for the duration of the pandemic. The highest quality health care must be available to all, free of charge and on a completely equal basis.
There must, moreover, be real assistance to small businesses. The so-called Paycheck Protection Program passed by Congress, ostensibly to aid small businesses, has turned out to be another massive swindle for large corporations, including restaurant chains, hotel conglomerates and hedge funds.
Such actions and other emergency measures to secure the interests of the working class, in the United States and internationally, could not and cannot be secured within the framework of the existing state institutions.
The entire response to the pandemic—from the initial downplaying of the threat to the failure to organize any significant response, the massive handout to Wall Street and the present campaign to force workers back to work even as the pandemic rages—is proof of the Marxist theory of the state. The state is not a neutral body. The financial oligarchy rules. It is their state. The politicians are their politicians. The media is their media.
The logistics, food production, health care, energy, manufacturing and other basic industries must be restructured to meet social needs, under the democratic control of the working class. The massive bailouts of Wall Street must be reversed, with the social resources redirected to securing the financial well-being and health of the working class.
Such policies cannot be realized within the existing political system. They raise the necessity for the revolutionary mobilization of the working class to take political power in its own hands through the establishment of a workers’ government—that is, a government of the workers, by the workers and for the workers—that will implement the socialist policies required to save mankind from disaster.

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