The US media are in high dudgeon over the brutal murder of Jamal Khashoggi, a Saudi living in the US in self-imposed exile who among other things had been writing articles critical of the current Saudi royal leadership, and especially Saudi Defense Minister and Deputy Crown Prince Mohammad bin Salman. Certainly outrage is justified. It …
It looks like Brett “I like beer” Kavanaugh will soon be the ninth member of the Supreme Court. The FBI has turned in a submissive fig leaf of a report on its cursory, rushed and presidentially circumscribed “investigation” into the claims of sexual abuse leveled against him by several women who assert that he …
Why did the US military have a vertical-take-off F-35B launched from an aircraft carrier in the Indian Ocean make an attack on a Taliban position in Afghanistan? Let’s say one thing from the get-go: It was not because it was the right weapons system for the job. Nobody’s mentioning several things about this Pentagon-touted first-ever …
What really struck me about the contrast between Britain’s National Health System and what we have here in the US was not how I was treated during a surprise five-day stay at an NHS hospital in Oxford, where I was sent last summer after suddenly becoming acutely short of breath — though my treatment was …
Whatever your view of Brett Kavanaugh, let’s get one thing clear: While he’s hoping to become the ninth justice of the US Supreme Court, he is not on trial. He is facing a confirmation hearing by the Judicial Committee of the US Senate. Republican backers of this clearly flawed and truth-challenged candidate are insisting indignantly, …
In the preface to his remarkable three-volume History of the Russian Revolution, Leon Trotsky, writing in 1930 about earth-shaking events in which he was a key actor, explains his view of writing history. He cites reactionary French historian Louis Madelin, who wrote that “…the historian ought to stand upon the wall of a threatened city, …
I just had the experience of sitting on a jury in a criminal trial in the County Courthouse of Montgomery County, PA, a sprawling urban/suburban/rural region just north and west of Philadelphia. The first indication that something was amiss was when I entered the jury assembly room at 8:15 am on Monday. There were some …
Word is that Michael Bloomberg, the mega-billionaire former mayor of New York City who watched his wealth more than double while he sat in the mayor’s office is thinking of running for President as a Democrat in 2020.
Why does that suck?
Well, listen as my dear departed friend and co-founder of this site, Chuck Young, recounts (in an article written foR TCBH! published almost eight years ago) his conversation in late 2010 with a Bloomberg “push-poll” caller trying to convince Chuck to support Bloomberg in his re-election bid:
Pollster: Mayor Mike Bloomberg wants to close the $4-billion budget by taking control of the pension plan from the state and enacting pension reform.
Chuck Young: Didn’t you just ask that?
P: No, that’s a new statement.
CY: Well, it sounds like a statement I disapproved of with only slightly different wording.
P: So you somewhat disapprove or strongly disapprove?
CY: Strongly. Now it’s your turn to answer my question. Do you know how much Mayor Mike Bloomberg is worth?
P: No, I don’t.
CY: I’ve seen different estimates, but it’s probably about $18 billion. You can put on your survey that I strongly disapprove of that.
P: The statement is this, sir: Mayor Mike Bloomberg wants to avoid raising taxes on the middle class by taking control of the city union pension plans from the state legislature.
CY: Didn’t I already answer that?
P: No, sir.
CY: Strongly disapprove.
P: Mayor Mike Bloomberg wants to shift control of service union pensions to the city council because the city council understands the needs of the people of New York City better than the state legislature. Do you strongly approve…
CY: $18 billion. You know what Mayor Mike could do with that all that money in his wallet?
P: Sir, I just need to know: Do you strongly approve, somewhat approve…
CY: Mayor Bloomberg could cover the entire budget gap all by himself, and still have $14 billion to live on. How bad could his life be with a mere $14 billion to spend? Would his daughter have to give up even one of her dressage ponies?
This article is running on the website of RT-TV
The Democratic Party leadership, composed of centrist and conservative Democrats who covet the money donated into party coffers by big Wall Street banks, arms manufacturers and the drug and medical establishment, was upset with the surprise primary victory of Alexandria Ocasio-Cortez, a young upstart Puerto Rican woman in the Bronx Queens congressional district of a 10-term House incumbent in June, as well as by victories of left and socialist candidates in various state legislative and local primaries across the country.
Liberal opponents of serious, aggressive action on climate change like California Governor Jerry Brown are the strange bedfellows of right-wing survivalists on one thing: Both are quick to warn darkly that if environmentalists have their way and impose strict cuts on oil, gas and coal production or on mileage standards for automobiles and pollution controls on power plants, or in the case of right-wingers, if the banking system is allowed to continue to run US economic policy and the Fed isn’t audited, the irate citizens of the US will descend into an orgy of anarchic violence and mayhem.
The argument is that if Americans are told they can no longer drive gas-guzzling automobiles and blast their air conditioners at will, or if the US financial system again collapses as it did in 2008 leading to the Great Recession, the people of this country will essentially go mad and a lawless chaos of dog-eat-dog, kill thy neighbor for his food, will ensue.
“It will be like the Great Depression all over,” I read in one account of a recent report by one JP Morgan Chase analyst who is predicting a dramatic market crash of over 40% followed by armageddon. (I learned about this little report of impending disaster from a former cop friend who advised me to get a gun and plenty of ammo and to stock up on food to be able to protect my family.)
But this is truly ignorance regarding what actually happened when everything did collapse back in the Great Depression and Dust Bowl.
It’s true that a few despondent investors did leap from windows of tall buildings in lower Manhattan after the 1929 stock market collapse, but not all that many, and things continued fairly calmly after that as the economy began to seize up. After all, very few Americans were actually invested in the market. But even as the lay-offs, bank collapses, bankruptcies and home foreclosures began to mount, there was no revolution in the US.
My own father, then just a young kid, recalls his family losing their home in Flushing, NY as his father, a carpet jobber, lost so many customers he had to give it up, unable to make the mortgage payments. He didn’t pick up a gun and go on a rampage, or join others in his situation and storm Washington. He just started looking for odd jobs to support his wife and two kids, and voted for Franklin D. Roosevelt in the next presidential election in 1932 and the other three after that.
The Great Depression, when unemployment soared to 25% of the workforce by 1933, remaining above 15% as late as 1940, far past any level it has hit since that time, even in the recent Great Recession, which of course was also much shorter. But even in the depths of that monstrous economic collapse in the 1930s, the American public didn’t turn on each other. In fact, quite the opposite, it was an era of sharing of what people had, and of collective action for change — especially in the field of labor union organizing. The Socialist Party also saw it’s biggest surge of support (the Communist Party, too), as workers saw the need to band together to defend themselves against a capitalist class that was viewed as predatory and criminal.