The kisan agitation at the gates of Fortress Delhi has forced even the corporate media to take note of the corporate drive to capture control of the remaining non-corporate sectors of the country’s economy, including its agriculture; the phrase “Ambani-Adani” is now a popular term for this process.
Modi’s Farm Produce Act Was Authored Thirty Years Ago, in Washington D.C.
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Viral Inequality: From Jeff Bezos to the struggle of Indian Farmers
Five days before Congress passed the CARES Act on March 25 of this year, President Donald Trump issued an Executive Memorandum giving U.S. Treasury Secretary Steve Mnuchin complete discretion to use $50 billion in the Treasury’s Exchange Stabilization Fund (ESF) as Mnuchin solely saw fit. The Memorandum was dated Friday, March 20. On the prior Tuesday and Wednesday of that same week, Mnuchin had already used $20 billion of the Exchange Stabilization Fund to bail out Wall Street. As Mnuchin’s letter of November 19 to Fed Chair Jerome Powell confirms, he gave (or committed) $10 billion from the ESF to the Fed’s Commercial Paper Funding Facility on March 17 and another $10 billion to another Fed emergency lending program, the Money Market Mutual Fund Liquidity Facility, on March 18.
Ms. Cat’s Chronicles 