Monopolies Cause Inflation, While Fed Chairman Powell Blames Workers

As American monopolies fix prices higher and higher, the Federal Reserve bizarrely has concluded that employment is to blame for inflation. For months, Fed chairman Jerome Powell has increased interest rates in the hopes of throwing workers out in the street and thus supposedly reducing prices. While I’m sure that corporate, donor-bought congressmembers appreciate his struggles in the class war against the poor and middle class, it’s all a crock.

Monopolies Cause Inflation, While Fed Chairman Powell Blames Workers

Stephen Sefton & Camila Escalante on Boric’s new progressive bloc

Progressive political figures with an orientation more favorable to Washington are forming a new alliance of South American parties and are deliberately excluding the forces that are leading the continent’s liberation processes. Don DeBar interviewed Nicaraguan writer Stephen Sefton and Latin America correspondent Camila Escalante on KPFK Pacifica Radio. Below is a transcription of last week’s segment.

Stephen Sefton & Camila Escalante on Boric’s new progressive bloc

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

The US Federal Reserve printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs. 93% of Silicon Valley Bank’s deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB’s loans went to venture capitalist and private equity firms.

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

18+: Bloody weekend in Donbass – Ukrainian army kills five civilians and wounds 18

On 11 and 12 March 2023, the Ukrainian army shelled residential areas in the Donbass region in both the DPR and LPR (Donetsk and Lugansk People’s Republics) with HIMARS and Smerch multiple rocket launchers and 155 mm NATO shells, killing five civilians, including an eight-year-old child and a 17-year-old teenager, and injuring 18 other civilians, including two children.

Bloody weekend in Donbass – Ukrainian army kills five civilians and wounds 18 – Donbass Insider

Related:

Ukrainian Military Does Not Stop Shedding Blood Of Innocent Civilians In Donbass

On a daily basis, dozens of Ukrainian strikes are targeting civilian facilities, private houses, and public places in cities and villages where no battles are ongoing.

The Ukrainian military is intentionally targeting the strategic civilian facilities like grain warehouses and farms in an attempt to cause famine in the recently liberated regions; as well as public transport hubs in order to disrupt communication and transportation within the towns.

Nicaragua: Reconciliation Does Not Mean Forgetting

Jill Clark-Gollub

Hybrid warfare tactics, including information warfare and the co-opting of human rights groups, make it hard to tell the good guys from the bad in the US-backed coup attempt in Nicaragua in 2018. But it is important to note the telltale signs of class oppression and terrorist tactics to understand the truth about the 222 people recently released to the US who were convicted of treason in Nicaragua for savage acts of violence against their people. They had benefited from an amnesty in 2019, but violated its terms by participating in a new coup plot in 2020 and 2021. In releasing the 222 over to the US, the Nicaraguan authorities effectively pardoned them a second time in order to bring further reconciliation to society. But for the sake of historical memory and non-repetition, it is important to remember their crimes.

Nicaragua: Reconciliation Does Not Mean Forgetting