Acceptance of the proposition that the present war is imperialist, i.e., a war between two big freebooters for world domination and plunder, does not yet prove that we should reject defence of the Swiss fatherland. We, Swiss, are defending our neutrality; we have stationed troops on our boundaries for the express purpose of avoiding participation in this robber war!
This is the argument of the social-patriots, the Grütlians, both within the Socialist Party and outside it.
Tag: banks
Lenin: Bourgeois And Proletarian Democracy
Bourgeois And Proletarian Democracy
Bourgeois democracy, although a great historical advance in comparison with medievalism, always remains, and under capitalism is bound to remain, restricted, truncated, false and hypocritical, a paradise for the rich and a snare and deception for the exploited, for the poor. It is this truth, which forms a most essential part of Marx’s teaching, that Kautsky the “Marxist” has failed to understand. On this—the fundamental issue—Kautsky offers “delights” for the bourgeoisie instead of a scientific criticism of those conditions which make every bourgeois democracy a democracy for the rich.
Related:
Israeli Forces Accused of Using White Phosphorus in Gaza’s North (+Video)
Reports suggest that Israeli forces have employed white phosphorus, a substance internationally banned, in densely populated areas in the northern Gaza Strip, as stated by Palestinian media.
Israeli Forces Accused of Using White Phosphorus in Gaza’s North (+Video)
Related:
Palestinians in Gaza fear the worst as Israel bombs fall
The Israeli army struck with fighter jets and drones, and also from the sea. Local sources in Gaza report the use of phosphorus bombs. On numerous occasions, Israeli planes bombed without warning. On Saturday night, 18 members of the Shabat family were killed in a bombing raid in the northern town of Beit Hanoun, while 12 members of the Kouta family perished under the rubble of their house. On Sunday evening and Monday morning, 19 members of the Abu Quta family and 19 people from the Abu Hilal family, including women and children, were killed in Rafah, in the south of Gaza.
“60 Minutes” reveals how US tax dollars are supporting Ukrainian small businesses, farmers, and the salaries of 57,000 first responders
Related:
In Ukraine, American taxpayers funding more than just the military
Lindsey Graham is such a psychopath!
Palestine campaigners criticise double standards over Nigel Farage bank fiasco
Outcry over former UKIP leader’s account being closed in sharp contrast with lack of interest in cases involving Muslim and pro-Palestine organisations
Palestine campaigners criticise double standards over Nigel Farage bank fiasco
Cuba Says Biden Applies Blockade Even More Aggressively Than His Predecessors
Biden has maintained many of Trump’s sanctions against Cuba. He must fulfill his promise to reverse Trump’s actions.
Cuba Says Biden Applies Blockade Even More Aggressively Than His Predecessors
The Coming Shock to the Global Monetary System
On Aug. 22, about 2
The Coming Shock to the Global Monetary System½months from today, the most significant development in international finance since 1971 will be unveiled.
Half of America’s banks are potentially insolvent – this is how a credit crunch begins
The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age.
Half of America’s banks are potentially insolvent – this is how a credit crunch begins
Anthony Blinken arrives in Ethiopia for a working visit
Anthony Blinken arrives in Ethiopia for a working visit
Apart from meeting with senior Ethiopian government officials, Blinken is scheduled to meet with humanitarian [front] organizations that partner with the United States and civil society leaders. Food security, humanitarian assistance and human rights are among the agenda items he will be discussing with the aforementioned groups.
Color revolution coming to Ethiopia?!
Two Fed-Supervised Banks Blew Up Last Week; Two More Dropped Over 40 Percent Yesterday; and the Fed Wants to Investigate Itself — Again
Last Friday, California state regulators closed Silicon Valley Bank and the Federal Deposit Insurance Corporation (FDIC) became the receiver. Its stock price had lost over 80 percent of its market value over the prior year; $150 billion of its $175 billion in deposits were uninsured, either because they exceeded the $250,000 FDIC cap and/or they were foreign deposits. The bank was effectively operating as a Wall Street IPO pipeline in drag as a federally-insured bank. The Federal Home Loan Bank of San Francisco had quietly been bailing it out – to the tune of $15 billion. Oh – and by the way – its primary regulator was the Federal Reserve Bank of San Francisco. And while all of this hubris was occurring, the CEO of Silicon Valley Bank, Gregory Becker, was sitting on the Board of Directors of his regulator, the Federal Reserve Bank of San Francisco.
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Oh, and by the way, the Fed member banks in each of the 12 Federal Reserve Districts that can choose to be regulated by the Fed, literally own their regulator. That’s right, they own the stock in their regional Fed bank, which is a private institution, unlike the Federal Reserve in Washington, D.C. which is an “independent” federal agency. (See, for example, These Are the Banks that Own the New York Fed and Its Money Button.)
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Adding to the ongoing arrogance of the Fed, its Chairman, Jerome Powell, released a statement two minutes after the market closed yesterday, stating that “The events surrounding Silicon Valley Bank demand a thorough, transparent, and swift review…” So, once again, it’s decided to investigate itself. The Fed’s Vice Chairman for Supervision, Michael Barr, will oversee the investigation.
Ms. Cat’s Chronicles 
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