caucus99percent

free-range politics, organic community

What is the purpose of an economic system if not to produce the goods society needs and deliver them to those that need them?

In my April 20 diary concerning AOC endorsing and serving Biden on April 19, including being willing to attending rallies with him.  I’d added in comments:

‘AOC says she is ‘having conversations with Biden’s team’ over policy’ April 16, 2020, nypost.com
“Speaking to Politico, AOC offered some praise of Biden, specifically that she was heartened by his pledge to name a female running mate and his interest in that person being of color.

Thursday we could go to the Common Dreams website and read this piece by Norman Solomon:

Some Progressives Are in Denial About Trump's Fascist Momentum

Some say preventing the re-election of Trump isn't important. That amounts to ignoring political reality, an evasion with potentially vast consequences.

The "Fake" Economy

Oil, War, and the Petrodollar

The corona virus has upset the global economy, now the old normal. It has provided a distraction that has allowed for the transfer of trillions of tax dollars to the largest most corrupt corporations. The Fed has cranked up the presses and is pumping out dollars at an unprecedented rate. Now many people say the US dollar (USD) isn't based on anything and is just paper. However, it is based on something, oil. Ever since we cut the deal with the Saudis in the early '70's all countries must buy their oil (and many other commodities) in USD. Last week oil went negative because there is such a glut and lack of storage. So in comes the Fed propping up oil prices with our tax dollars, also boosted by Trump's threat to shoot down Iranian gunboats. How do we get out of this mess? How about a war or two?

Lesser of Two Evils II

“If they’d wanted to win, they wouldn’t have run Hillary Clinton.”
--my mom, 2016

I've been puzzled by the amount of anti-China propaganda, until I read this.

The white Queen infamously told Alice "The rule is, jam to-morrow and jam yesterday – but never jam to-day."
So here's a Jam from yestidday.

Virus as maybe, but things are looking up. Fred's on the porch, soaking up the sun.

In the middle of cooking a Thai green curry, so this will be quick.

What with the recent stillness of life:

Glazunov's 1st piano concerto on in the background. If you like Russian stuff, this will turbo charge your tulips.