imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Thoughts on New Year's Eve

by Stephen Lendman Wednesday, Dec. 31, 2014 at 12:25 PM
lendmanstephen@sbcglobal.net

anti-war

Thoughts on New Year's Eve

by Stephen Lendman

Heading into 2015, things look grim. Domestically and abroad. US presidents able to govern like despots. Unilaterally claim emergency powers.

Declare martial law. Suspend constitutional rights. Rule by diktat. With or without congressional and/or judicial authority.

Based on alleged national security threats. Real or contrived. Deploying US combat troops on US streets at their discretion.

Unheard of in so-called democracies. Wage naked aggression on their say. Order anyone killed anywhere for any reason.

Including US citizens. Or detain them indefinitely. With no formal charges filed. No trial. No habeas rights. No judicial fairness.

Presidents can exercise judge, jury and executioner authority. Targeting anyone they wish. Have Big Brother watch everyone.

Wage war on freedom. Eliminate it altogether at their discretion. Based on so-called national security priorities.

Scapegoat Muslims as enemies of choice. Wage war on Black America. Target whistleblowers for exposing government wrongdoing.

Threaten press freedom. Public assemblies. Peaceful protests. Secret evidence can be used to convict.

Withheld from defense lawyers. What better definition of police state lawlessness.

Serving monied interests exclusively. Handing America's wealth to Wall Street. War profiteers. Other corporate favorites.

Letting popular needs go begging. During protracted Main Street Depression conditions. Economist Michael Hudson's newest book is titled "The Bubble and Beyond."

From "industrial capitalism to finance capitalism and debt peonage." Including chapters on "fictitious capital, debt deflation and global crisis."

Fueled by money printing madness at near zero interest rates. Benefitting investors at the expense of ordinary people.

Creating a "new neo-feudal rentier class." Financial elites demanding debt-strapped cities like Detroit sell off their crown jewels.

At fire sale prices. Using cash raised to service debt. The same dynamic occurring in Europe. Rentiers buying roads. Charging tolls.

Privatizing Chicago's parking meters. Ticketing irresponslbly. Revenues accruing to city authorities.

Scared parkers feeding meters with quarters. Benefitting Chicago Parking Meters LLC. Ripping of people for profit.

Buying prisons. Schools. Bridges. Other basic infrastructure. "(B)uilding financial charges and tollbooth rents into the prices charged for access to these essential, hitherto public services," Hudson explains.

"Prices are rising not because costs and wages are rising, but because of monopoly rents and other rent-extraction activities."

Today's environment reflects "debt-strapped austerity. (E)mpowering the financial sector…"

Operating like oligarchs. Like 19th century landlords. Making money not by lending.

By direct ownership. Charging "economic rent." Hudson explained the " 'economic collapse' stage of the financialized bubble economy."

"Coping with this legacy and financial power grab will be the great political fight for the remainder of the 21st century."

Disproportionate wealth concentrated in economies' top tier reflects "the dysfunctional result of economic parasitism."

"(D)ebts that can't be repaid won't be…" When things eventually collapse, ordinary people will suffer most.

Inequality and economic despair will be greater than ever. It can happen any time. Maybe next year.

Imagine what young people today have to look forward to. Imagine grim futures they face. Imagine opportunities older generations had no longer available.

Imagine highly educated people pumping gas. Waiting on tables. Driving cabs. Many unable to find any steady remunerative work.

Imagine grim futures no one should face. While US waged wars rage without end. Wall Street crooks manipulate markets for profit.

America's middle class disappearing entirely. Poverty at third world country levels. Growing homelessness and hunger.

Social services disappearing when most needed. Organized labor a shadow of its former self. Public education commodified into another business profit center.

Benefits eroding. Wages not keeping up with inflation. US streets turned into battlegrounds. Militarized police terrorize America's most disadvantaged.

Freedom disappearing in plain sight. Poverty, hopelessness and despair replacing it.

America being transformed into a ruler/serf society. Resisters declared enemies of the state. Facing gulag imprisonment.

While monied interests never had things better. Profiting like never before. Washington's criminal class aiding and abetting them.

Fascism has America in a death grip. Concentrated wealth and power greater than ever.

Tyranny is the coin of the realm. Wrapped in the American flag. Democracy is pure fantasy. Existing in name only.

Powerful elites run things for their own interests. At the expense of ordinary people shut out entirely.

Mass media a propaganda bullhorn. Suppressing what people most need to know. Substituting managed news misinformation rubbish.

Manipulating people irresponsibly.

Force-feeding austerity when stimulus is needed. An earlier article discussed John Maynard Keynes "Open Letter" to Franklin Roosevelt. During Depression era hard times.

Urging "spend, spend, spend." Supply "cheap and abundant credit." Stress "speed and quick" recovery.

Focus on "increas(ing) the national output." Boost purchasing power by "put(ting people back to work." On good high-paying jobs.

"(I)ncrease aggregate purchasing power." Undertake "a large volume of loan expenditures under government auspices."

Choose projects able "to mature quickly on a large scale." Roosevelt, in part, followed Keynes' advice.

Obama is no Roosevelt. Benefitting business at the expense of people. Making America more than ever unfit to live in.

Things already unbearable for many. Perhaps 2015 will be a watershed year. Expect things to be worse, not better.

More wars. Death and destruction. Human misery. Deepening poverty, deprivation and despair. In the world's richest country.

Using its resources for ill, not good. Business as usual persists. Next year perhaps worse than ever.

America's criminal class makes anything possible. Harder than ever hard times looks likely.

Revolutionary change urgently needed. The alternative is too grim to imagine.

Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net.

His new book as editor and contributor is titled "Flashpoint in Ukraine: US Drive for Hegemony Risks WW III."

http://www.claritypress.com/LendmanIII.html

Visit his blog site at sjlendman.blogspot.com.

Listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network.

It airs three times weekly: live on Sundays at 1PM Central time plus two prerecorded archived programs.

Report this post as:

Local News

GUIDE TO REBEL CITY LOS ANGELES AVAILABLE A12 5:39PM

lausd whistle blower A10 11:58PM

Website Upgrade A10 3:02AM

Help KCET and UCLA identify 60s-70s Chicano images A04 1:02PM

UCLA Luskin: Casting Youth Justice in a Different Light A02 11:58AM

Change Links April 2018 A01 11:27AM

Nuclear Shutdown News March 2018 M31 6:57PM

Join The Protest Rally in Glendale on April 10, 2018! M29 7:00PM

Join The Protest Rally in Glendale on April 10, 2018! M29 6:38PM

Spring 2018 National Immigrant Solidarity Network News Alert! M19 2:02PM

Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A. M16 5:40PM

Steve Mnuchin video at UCLA released M15 12:34AM

Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Clean Ups M06 12:10PM

After Being Told He's 'Full of Sh*t' at School Event, Mnuchin Demands UCLA Suppress Video M02 11:44AM

Resolution of the Rent Strike in Boyle Heights M01 6:28PM

What Big Brother Knows About You and What You Can Do About It M01 3:30PM

Step Up As LAPD Chief Charlie Beck Steps Down F14 2:44PM

Our House Grief Support Center Hosts 9th Annual Run For Hope, April 29 F13 12:51PM

Don’t let this LA County Probation Department overhaul proposal sit on the shelf F13 11:04AM

Echo Park Residents Sue LA Over Controversial Development F12 8:51AM

Former Signal Hill police officer pleads guilty in road-rage incident in Irvine F09 10:25PM

Calif. Police Accused of 'Collusion' With Neo-Nazis After Release of Court Documents F09 7:14PM

Center for the Study of Political Graphics exhibit on Police Abuse posters F07 9:50AM

City Agrees to Settle Lawsuit Claiming Pasadena Police Officer Had His Sister Falsely Arre F04 3:17PM

Professor's Study Highlights Health Risks of Urban Oil Drilling F04 12:42PM

Claims paid involving Pasadena Police Department 2014 to present F04 10:52AM

Pasadenans - get your license plate reader records from police F03 11:11PM

LA Times Homicide Report F03 1:57PM

More Local News...

Other/Breaking News

Xyloglossie attitudinale A23 8:07AM

Shadowgun Legends Hack and Cheats A23 7:24AM

What does the Quran Say About Islamic Dress?? A21 4:15PM

Biodiversité ou la nature privatisée A20 11:22AM

The Market is a Universal Totalitarian Religion A20 7:14AM

Book Available about Hispanics and US Civil War by National Park Service A19 5:52PM

The Shortwave Report 04/20/18 Listen Globally! A19 4:01PM

The Republican 'Prolife' Party Is the Party of War, Execution, and Bear Cub Murder A19 11:48AM

Neurogenèse involutive A18 9:21AM

Paraphysique de la dictature étatique A16 10:13AM

Book Review: "The New Bonapartists" A16 3:45AM

The West Must Take the First Steps to Russia A14 12:25PM

Théorie générale de la révolution ou hommage à feu Mikhaïl Bakounine A14 3:30AM

The Shortwave Report 04/13/18 Listen Globally! A12 3:50PM

“Lost in a Dream” Singing Competition Winner to Be Chosen on April 15 for ,000 Prize! A12 3:48PM

The World Dependent on Central Banks A12 4:43AM

Ohio Governor Race: Dennis Kucinich & Richard Cordray Run Against Mike DeWine A11 9:40PM

March 2018 Honduras Coup Again Update A10 10:52PM

Apologie du zadisme insurrectionnel A10 3:33PM

ICE contract with license plate reader company A10 1:14PM

Palimpseste sisyphéen A09 11:23PM

Black Portraiture(S) IV: The Color of Silence...Cuba No...Cambridge Yes A09 5:32AM

Prohibiting Micro-Second Betting on the Exchanges A09 4:18AM

Prosecutors treat Muslims harsher than non-Muslims for the same crimes A08 10:33PM

Amy Goodman interview on cell phone safety A08 10:29PM

Mesa, Arizona police officer kills unarmed white man A08 9:50PM

Israeli leaders should be prosecuted for war crimes A08 9:48PM

Paraphysique de l'autorité A08 12:11AM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy