News 1/10

China moves 'ship killer' missiles into firing range as US warships infuriate Beijing in the South China Sea
Chinese media touted the mobilization of a "far-reaching, anti-ship ballistic missile" Thursday, specifically highlighting its ability to target ships in the South China Sea.China's DF-26 ballistic missile has reportedly been mobilized in northwestern China, according to the Global Times, citing state broadcaster China Central Television.
thisisinsider.com/china-mobilizes-missiles-able-to-sink-us-warships-in-south-china-sea-2019-1

Yemen soldiers killed in Houthi drone attack on base
A drone attack on a Yemeni government base by the rebel Houthi movement has reportedly killed six soldiers.The drone exploded above a podium at al-Anad base, in the southern province of Lahj, where high-ranking officers and officials were watching a parade.
bbc.com/news/world-middle-east-46822429

'Right to be forgotten' by Google should apply only in EU, says court opinion
The “right to be forgotten”, which enables claimants to request the removal of links to irrelevant or outdated online information about them, should not be enforceable globally, the European court of justice (ECJ) has found in a preliminary opinion.
theguardian.com/technology/2019/jan/10/right-to-be-forgotten-by-google-should-apply-only-in-eu-says-court

Worker killed as Bangladesh police attack striking garment workers
Thousands of striking Bangladesh garment workers continued demonstrations for a fourth day on Wednesday in the face of increasingly violent police attacks. The workers, who are among the lowest paid garment employees in the world, have long been fighting for decent wages to compensate for price increases in food and other basic necessities.
wsws.org/en/articles/2019/01/10/bang-j10.html

I must fight Macron as he leads EU pro-immigration forces – Hungary’s PM Orban
Hungarian right-wing Prime Minister Viktor Orban said that he must oppose French leader Emmanuel Macron, calling him a key player in EU pro-immigrant agenda. Both nations’ futures are at stake, he added.
rt.com/news/448468-viktor-orban-criticizes-macron/

UK government accepts plan-B demand if May's deal is rejected
The British government will accept a demand by parliament to set out its plan B within days if Prime Minister Theresa May’s deal is rejected next week, Andrea Leadsom, the Leader of the House of Commons said on Thursday.
reuters.com/article/us-britain-eu-planb/uk-government-accepts-plan-b-demand-if-mays-deal-is-rejected-idUSKCN1P419N

Brazilian President Bolsonaro Withdraws From U.N. Compact On Migration
In his second week in office, far-right Brazilian President Jair Bolsonaro has pulled the country out of a U.N. migration pact, fulfilling a pledge he made before taking office.Brazilian diplomats told local media on Tuesday that the country officially left the agreement. A diplomat also told Reuters that Brazil has exited the pact.
npr.org/2019/01/09/683634412/brazilian-president-bolsonaro-withdraws-from-u-n-compact-on-migration

‘Officials' worst nightmare’: Yellow Vests hope to trigger bank run with financial protest
Yellow Vest protesters are hoping to trigger a bank run with a nationwide coordinated cash withdrawal. By threatening the French financial system, protesters say, they want to peacefully force the government to pass their reforms.
rt.com/news/448426-yellow-vests-financial-bank-protest/

Opposition leader Corbyn calls for election to break Brexit impasse
British Labour leader Jeremy Corbyn called on lawmakers on Thursday to help his opposition party “break the deadlock” over Brexit and support his call for a motion of no confidence in the government to trigger an election..
reuters.com/article/uk-britain-eu-labour/opposition-leader-corbyn-calls-for-election-to-break-brexit-impasse-idUSKCN1P41AT

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Other urls found in this thread:

vox.com/policy-and-politics/2019/1/10/18176932/senate-democrats-mitch-mcconnell-government-shutdown
outline.com/nKZ5gD
wsws.org/en/articles/2019/01/10/losa-j10.html
politico.com/story/2019/01/09/bernie-sanders-2016-robert-becker-women-inappropriate-behavior-1093836
outline.com/yzqghy
commondreams.org/news/2019/01/10/progressives-slam-dccc-tapping-only-pro-business-centrists-leadership-roles-ignoring
outline.com/FuUhr2
npr.org/2019/01/10/683917075/ford-cutting-jobs-in-europe-moving-away-from-less-profitable-vehicles
businessinsider.com/us-economy-to-fall-behind-china-within-a-year-standard-chartered-says-2019-1
youtube.com/watch?v=VQFxmAdyKcg
itsgoingdown.org/abolishing-ice-by-funding-it/
rt.com/op-ed/448488-macron-france-yellow-vests/
wsws.org/en/articles/2019/01/10/pers-j10.html
nakedcapitalism.com/2019/01/shocking-shock-therapy.html
twitter.com/AnonBabble

SOON

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Senate Democrats pushed a vote to reopen the government. Mitch McConnell shot them down.
Senate Democrats, led by Senate Minority Leader Chuck Schumer and Maryland Sens. Chris Van Hollen and Ben Cardin, asked for a request for unanimous consent — agreement from all 100 senators — to vote on bills to reopen the government on Thursday, only for Senate Majority Leader Mitch McConnell to deny it.
vox.com/policy-and-politics/2019/1/10/18176932/senate-democrats-mitch-mcconnell-government-shutdown

Kamala Harris to enter presidential race on or around MLK Day: report
will formally announce her bid for the White House on or around Martin Luther King Jr. Day, sources told KCBS Radio, a station in her home state of California.The sources said she would "probably" make the announcement at a rally in Oakland, the radio station added.
outline.com/nKZ5gD

Los Angeles teachers angered as union delays strike again
Los Angeles teachers, who were set to strike on Thursday, reacted with anger and frustration over the decision by the United Teachers Los Angeles (UTLA) to postpone their strike despite the intransigence of school district officials and nearly 20 months of fruitless negotiations, state mediation and fact-finding.
wsws.org/en/articles/2019/01/10/losa-j10.html

Top Bernie Sanders 2016 adviser accused of forcibly kissing subordinate
On the final night of the Democratic National Convention in July of 2016, Bernie Sanders’ staffers went out to a Mediterranean restaurant and hookah bar in Center City Philadelphia to celebrate and mourn the end of the campaign.
politico.com/story/2019/01/09/bernie-sanders-2016-robert-becker-women-inappropriate-behavior-1093836

Test of steel prototype for border wall showed it could be sawed through
President Donald Trump has repeatedly advocated for a steel slat design for his border wall, which he described as "absolutely critical to border security" in his Oval Office address to the nation Tuesday. But Department of Homeland Security testing of a steel slat prototype proved it could be cut through with a saw, according to a report by DHS.
outline.com/yzqghy

Progressives Slam DCCC for Tapping Only Pro-Business Centrists for Leadership Roles—Ignoring Energy of Left-Wing Movement
Corporate Democrats have made it known that although progressive candidates represent the views of the majority of Democratic voters on a number of high-priority issues including healthcare and the climate crisis, the party leadership will continue to marginalize progressives in the 2020 congressional elections—angering groups including the Justice Democrats and Our Revolution.
commondreams.org/news/2019/01/10/progressives-slam-dccc-tapping-only-pro-business-centrists-leadership-roles-ignoring

Coast Guard families told they can have garage sales to cope with government shutdown
Employees of the U.S. Coast Guard who are facing a long U.S. government shutdown just received a suggestion: To get by without pay, consider holding a garage sale, babysitting or serving as a “mystery shopper.”The suggestions were part of a five-page tip sheet published by the Coast Guard Support Program, an employee-assistance arm of the service often known as CG SUPRT.
outline.com/FuUhr2

Ford Cutting Jobs In Europe, Moving Away From Less Profitable Vehicles
Ford Motor Co. is cutting jobs in Europe and backing away from less profitable models as part of a major restructuring effort, the company announced Thursday. It's the latest sign of big changes in a global auto industry.
npr.org/2019/01/10/683917075/ford-cutting-jobs-in-europe-moving-away-from-less-profitable-vehicles

The US could lose its crown as the world's most powerful economy as soon as next year, and it's unlikely to ever get it back
The United States of America could lose its position as the world's biggest economy as soon as next year — and once that happens, it is unlikely to regain the top spot as developing Asian economies power ahead.According to research released this week by Standard Chartered Bank, China is likely to become the world's biggest economy at some point in 2020.
businessinsider.com/us-economy-to-fall-behind-china-within-a-year-standard-chartered-says-2019-1

youtube.com/watch?v=VQFxmAdyKcg

My god this is insane lmao we're headed for martial law and dictatorship.

God dammit Lindsey Graham needs to go back into the fucking hole he crawled out of. Because yeah totally give the President Emergancy Powers, then watch shit turn to the worst.

Woot who is ready for the military dictatorship that is going to come via military coup wooo! Fuck this country.

godspeed comrade but the destruction of your government and institutions is beneficial to the entire world in the long-term

CUBA SUPERPOWER BY 2050

OP/ED

Abolishing ICE, By Funding It?
In spite of promises to “Abolish ICE,” Alexandria Ocasio-Cortez and others voted to fund it on their very first day in office.
itsgoingdown.org/abolishing-ice-by-funding-it/

France’s govt exaggerates Yellow Vest threat to justify measures of political repression
The early XX century French monarchist philosopher, Charles Maurras, wrote: “The Republic is bad at governing but good at defending itself.” Seldom have these words seemed more true than during the Gilets Jaunes protests.I live right in the heart of Paris, overlooking the Prime Minister’s office, Hôtel Matignon, and a short distance from the scenes of some of the violence witnessed last Saturday. Ever since the Yellow Vests started to demonstrate at the beginning of December, I have seen, just outside my own front door, the massive police presence defending the seat of government while leaving the rest of the city, and indeed the rest of the country, to the mercy of rioters.Cars were burned only a few streets away from where the serried ranks of the CRS (special police) were scrupulously preventing pedestrians from walking to the shops, while the ministry whose gate was smashed in with a fork-lift truck on Saturday is only five minutes’ walk away.
rt.com/op-ed/448488-macron-france-yellow-vests/

Trump’s “national emergency” threat and the danger of presidential dictatorship
In the wake of President Trump’s nationally televised address Tuesday night, the political axis of the conflict over the border wall, which has led to the partial shutdown of the federal government, has clearly shifted. White House officials, including Trump himself, are openly threatening to declare a national emergency, under which Trump would assume quasi-dictatorial powers and use the US military to carry out his political objectives, including building the wall.In any other country, such an assumption of unchecked power by the chief executive would be described as rule by decree or an outright coup d’état. But in the United States, the complacent media and the compliant “opposition” party make no warnings and offer no resistance. In their official response to Trump Tuesday night, neither House Speaker Nancy Pelosi nor Senate Minority Leader Charles Schumer said anything about the declaration of a national emergency, although Trump began hinting at it last week.
wsws.org/en/articles/2019/01/10/pers-j10.html

How Shocking Was Shock Therapy?
Poland managed to escape a lot of the “shock doctrine” treatment, yet has gone hard right. What happened?
nakedcapitalism.com/2019/01/shocking-shock-therapy.html

Without being pessimistic, China still has some ways to go even with its rapid-growth rates. That it will overtake the US in the mid-2020s or in 2030 is still probably the best estimate

Thank you based user!

Are there any migrants in Brasil ? Like who the fuck in his right mind wants to go there?!

Does anyone else fantasize about China sinking one or more of America's ships? Like just imagine the chaos of a carrier going down.

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Anyone else get the vibe that tensions are increasing in all nations of the world right now? I wonder what the result will be… feels like it's going to culminate into global unrest soon.

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I would argue that PPP is only useful for measuring living standards. In terms of global trade/economy, nominal gdp is really the only thing that matters because it shows how much buying power a nation has on the world, instead of national, markets.

I even question the value of PPP in some respects like the price of rice and rents maybe lower nominally in a third world country but if you want to buy a smartphone, an Xbox, or a new car chances are it costs just as much as in the developed world. Hell, some third world countries pay more for gas per gallon than major first world nations because they lack any domestic production.

I’m open to being convinced on this issue. For the Soviet economy PPP may have been more useful because it wasn’t a globally oriented market economy but China actually is.

tfw trump turns into napoleon the 3rd

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Ppp is a meme, millenials technically have the same purchasing power as boomers, yet are priced out of necessities.

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Who will be the Bismarck? Putin? Xi Jinping? What if it turns out to be Nicky Maduro?

Dear comrade! I think you are confusing PPP with CPI

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DO IT DO IT NOW

Do neolibs have a point when it comes to muh free trade lowering prices? Why or why not?

Well they are are trying to fund ICE more so we can re-open the government, so I wouldn't hold AOC to that.

I'm surprised their being this honest
It's pretty much admitting that All the shit you literally need to stay alive like housing food and water are increasing in inflation while the Vane and Luxurious stays stagnant and inexpensive

All I can really say is that generalized commodity production drives prices down. Neoliberals are wrong in thinking that shipping bottlecaps from a factory in south america to China is less wasteful than producing the end product in one location. I may be cheaper in some absurd perverted way due to subsidies and company bribes from the oil industry.

Right, but the real question is why haven’t the prices of these largely locally-sourced commodities went down or at least stayed stagnant.

Granted a fair number of them are services and not commodities per se but you would think with stagnant wages you would at least see stagnant prices for these services. Childcare workers get paid shit (and wage-theft is endemic) so why has even this service industry experienced 100%+ inflation?

There's more to it than just that. If industries have already been established it takes resources and energy to move them.
That's one reason why the west still has car manufacturing. Even if they're shipping in resources and components from elsewhere.

Per category?
-Housing; There are more households now per head,in turn social housing has been neglected since the 70s, and most people can't afford the garish McMansions of the 80s, 90s and 00s. Rural areas are also emptying, with people moving to the cities. Causing housing prices to spike even after 07'.
-Medical Care; More elderly, less young. More diseases are treatable now, and this drives up end-of-life cost. Hospitals are overstretched, so something has to give.
-Childcare; Supply not keeping up with demand. Less stay-at-home parents (both working to make ends meet), especially in cities.
-College
More people going to university and staying longer, puts pressure on the supply side, while R&D has gotten more expensive. The college textbooks are a sophist scam though.

Great post Nazi-poster! Do you have any explanation for why food and drink prices have inflated 50%? One would think that a commodity like food would, like other tangible commodities, be subject to forces of international competition and overproduction which might override inflationary monetary policies—as we see with some other commodities.

Labor in agriculture is probably more abused and less compensated than any other industry in the US. Do you think low wages are holding back technological innovation and therefore stalling a production-push that would ultimately be inflationary? Or is government subsidization to prevent overproduction in agriculture the key factor?

Bernie "Rape Machine" Strаsser has done it again!

Is the punchline that they literally hoard grain?