by Oui
Mon Jul 24th, 2023 at 08:38:35 AM EST
Posted earlier in my diary ...
Corbyn Formally Banned From Standing As Labour MP
My writing was inspired today by Cat's post on the Enduring War effort in Ukraine and endless stream of propaganda in an attempt for disinformation and war narrative of the Atlantic Alliance
G20 bloc fails to reach agreement on cutting fossil fuels
Appeasing Zionists is a losing game | Mondoweiss |
Asa Winstanley's book, Weaponising Anti-Semitism: How the Israel Lobby Brought Down Jeremy Corbyn is about the anti-Semitic slurs, smears, allegations, and insinuations directed at the Labour Party under Jeremy Corbyn's leadership between 2015 and 2020. As a journalist for the pro-Palestinian and anti-Zionist Electronic Intifada, Winstanley has had a front-row seat to the unfolding political drama in real-time.
Corbyn primarily offered the British electorate an escape from the domestic neoliberal policies that had dominated politics from the 1980s. Winstanley's thesis is that certain individuals and Zionist advocacy groups, sometimes working in tandem with elements of the Zionist colonial Apartheid state, "brought down Jeremy Corbyn."
Winstanley identifies the main characters undermining Corbyn's Labour Party. Zionist advocates such as Jonathan Hoffman, Ella Rose, Ruth Smeeth, John Mann, Richard Millet, and towering above them all, Jeremy Newmark (who Winstanley claims is a "veteran professional Israeli Lobbyist"), took it upon themselves to unsettle the leadership and his closest allies.
Newmark is somewhat of a Teflon character who came to prominence attacking the University and College Union (UCU), the trade union for university employees. In the early 2010s, as CEO of the Jewish Leadership Council (JCL) he was a key figure in the lawfare against the UCU, accusing it of engaging in anti-Semitism because of its advocacy for the BDS movement.
Exclusive extract from new book 'Weaponising Anti-Semitism': Ruth Smeeth 'strictly protect'
Outsourcing giant Sodexho's top lobbyist, Ruth Smeeth, is quitting to become director of public affairs and campaigns at pro-Israel group the British Israel Communications and Research Centre (Bicom). [Source: PR Week]
My diary ...
Twitter's Warning to Leftist Leaning Parties | Nov. 13, 2019 |
Unsurprising as both Colman and I have warned repeatedly about "Neocons On the Thames".
The Henry Jackson Society and the Degeneration of British Neoconservatism: Liberal Interventionism, Islamophobia and the 'War on Terror'
Corbyn accused of Marxism by Lord Daniel Finkelstein ...
The return of inflation
A good example of this is Larry Summers, an American economist who served as the 71st United States Secretary of the Treasury from 1999 to 2000. He described the state of the world economy as follows:
"I can remember previous moments of equal or even greater gravity for the world economy, but I cannot remember moments when there were as many separate aspects and as many cross-currents as there are right now.
"Look at what is going on in the world: a very significant inflation issue across much of the world, and certainly much of the developed world; a significant monetary tightening under way; a huge energy shock, especially in the European economy, which is both a real shock, obviously, and an inflation shock; growing concern about Chinese policymaking and Chinese economic performance, and indeed also concern about its intentions towards Taiwan; and then, of course, the ongoing war in Ukraine." (Financial Times, 6 October 2022).
[...]
This signifies the demise of a financial system that has become habituated to low rates of inflation and interest rates. And the effects are dramatic and painful. Just like a drug addict who has been deprived of the drugs he depended on, so now governments suddenly find themselves shocked to be confronted with the soaring cost of borrowing.
Since they have absolutely no grasp of genuine economic theory, the bourgeois look around desperately for someone to blame for their plight, and they find a suitable scapegoat in Vladimir Putin. But the war in Ukraine was not the cause of the inflationary catastrophe. It only added even more fuel to the fire.
Dialectically, cause becomes effect and effect, in turn, becomes cause. Although the war did not cause the crisis, it is certainly true that it has enormously exacerbated the problem of inflation and disrupted world trade.
Clausewitz made the famous statement that war is only the continuation of politics by other means. But US imperialism has introduced a slight modification to that profoundly correct definition. It has weaponised trade, deliberately punishing any country that does not bend to its will.
In the far-off days when Britannia ruled the waves, British imperialism solved its problems by sending a gunboat. Nowadays, Washington sends a letter from the Department of Trade. So, under modern conditions, trade becomes merely the continuation of war by other means.
Russia, one of the largest exporters of fossil fuels, was deliberately shut out of its markets in the West by the sanctions imposed by US imperialism and approved by the EU. This instantly provoked an energy crisis, which gave rising prices a further boost.
As we shall see, the sanctions imposed by US imperialism signally failed in their objective, which was to cripple the Russian economy and undermine its military operations in Ukraine. But they gave a powerful new twist to the inflationary spiral all over the world. And, ironically, like an uncontrollable boomerang, this also hit the United States hard, thus upsetting all Biden's calculations, while Putin quietly pocketed the profits derived from high and rising oil and gas prices.
All roads lead to ruin
Central banks are faced with an acute dilemma. They raised interest rates in order to curb demand and thereby (so they hope) reduce inflation. That was the theory that induced the US Federal Reserve to raise rates, compelling most monetary authorities to do the same.
Such measures, in and of themselves, cannot provide a sure cure for the syphilis of inflation, but it is sure to make a recession inevitable. That means bankrupting businesses, provoking factory closures, job losses and savage cuts in living standards.
That is a finished recipe for an intensification of the class struggle and a fierce political backlash. It means jumping from the frying pan into a very hot fire.
Capitalist solution to industrialization as accelerating Global Warming puts human kind at risk across large swaths of land across the planet ... drought and extreme weather patterns. Long time ago my verdict was we passed the tipping point to be able to make a difference ... carrying water to the sea.
BlackRock chief Larry Fink says US debt is 'out of control' - but an accelerating economy can solve that problem
Ukrainians hired by Black Rock to save Europe, to save the World, to save Mankind. Zelenskyy the savior ...
Promise of a large pot of gold beyond the rainbow ...
Sorry, I only see the gathering of dark clouds. My optimism has turned a bit gloomy in last two calender years.