Showing posts with label NYT. Show all posts
Showing posts with label NYT. Show all posts

Monday, November 14, 2022

Nina-Bytes: Impact Statement

 

Editor's noteNina-Bytes is a weekday blogging series that features short analysis and commentary on articles from around the web. Want more? Click here to subscribe to NIDC today. 


Nina-Bytes: Impact Statement

Last week on Instagram, I briefly discussed the theatrical process of passing ineffectual climate crisis reduction policies that ultimately preserve capitalism in the Pig Empire. While our leaders spit double-talk about carbon reduction strategies they know will not save us, our society continues to facilitate fossil fuel-based capitalism that will murder us all. Ultimately, we're talking about an act of knowing, genocidal deception here; a lie so big, and so brazen, that people can't quite accept it's happening, even though the evidence is all around them. Furthermore, this lie is being told by so many powerful people in the Pig Empire, that it would be impossible to keep it a secret; which is more or less why they don't.

Take for example the crass hypocrisy of the just concluded UN Climate Change Conference (COP 27) at the dubiously proclaimed "first green city" of Sharm el-Sheikh, Egypt. As I wrote last year about COP 26, here you have an international gathering of some of the most influential politicians on earth, loudly proclaiming that they care about climate crisis, before sitting around a table and shooting down every possible globalized effort to end fossil fuel capitalism; a prerequisite for addressing climate catastrophe and saving all life on Earth.

While last year's conference ended with open promises to commit genocide, this year's shindig included a truly mind boggling number of oil industry lobbyists. That would be the same industry that actively covered up the connection between fossil fuels and global warming for decades, and is currently paying even more lobbyists to *checks notes* criminalize dissent against fossil fuel companies and declare climate science denial a form of protected speech. You know who wasn't there however? Climate activist Greta Thunberg, who called the conference a forum for "greenwashing." Given that this is the 27th COP summit, and the data says we're still steaming towards the apocalypse at full speed, she's absolutely right.

Of course, while all of this is obviously odious and counterproductive, it doesn't become a genocidal "conspiracy" until you can prove that our leaders understand that they're dooming millions, if not billions, to die for capital. To demonstrate this is in fact the case, I'd like to examine this November 8th, 2022 article written byBrad Plumer and  over at the New York Times:


Draft Report Offers Starkest View Yet of U.S. Climate Threats

As this article notes, every four years the U.S. federal government is required by law to drafted and release the National Climate Assessment; a document composed by multiple federal agencies, and hundreds of independent scientists, that provides a real assessment of what we today call "climate crisis" in progress.  While ideologically this is a capitalist document at its root, these reports aren't about public relations and often speak uncomfortable truths about America's future; the last report for example predicted that unchecked warming would absolutely crater the U.S. economy. This year's report isn't completed yet, but a lengthy draft has been released for public comment.

So what do the actual scientists have to say about the climate path we're on? Nothing good my friends:


"The effects of climate change are already “far-reaching and worsening” throughout all regions in the United States, posing profound risks to virtually every aspect of society, whether it’s drinking water supplies in the Midwest or small businesses in the Southeast, according to a draft scientific report being circulated by the federal government.

"The things Americans value most are at risk,” says the draft report, which could still undergo changes as it goes through the review process. “More intense extreme events and long-term climate changes make it harder to maintain safe homes and healthy families, reliable public services, a sustainable economy, thriving ecosystems and strong communities.”

As greenhouse gas emissions rise and the planet heats up, the authors write, the United States could face major disruptions to farms and fisheries that drive up food prices, while millions of Americans could be displaced by disasters such as severe wildfires in California, sea-level rise in Florida or frequent flooding in Texas.

“By bringing together the latest findings from climate science, the report underscores that Americans in every region of the country and every sector of the economy face real and sobering climate impacts,” said John Podesta, a senior adviser to President Biden on clean energy, adding that the draft report was still undergoing scientific peer review and public comment."


To put it bluntly; this is a US government-funded body of experts telling you that your leaders have already failed you and we're almost certainly headed for climate-induced Thunderdome here in America. Furthermore, while I cut out a paragraph of fluff, I quoted such a long section of this article to point out one of the many small ways mainstream capitalist media continues to downplay the problem. In three consecutive paragraphs, our authors go out of their way to tell you twice that the report isn't final; as if sometime in the next couple of months all these eggheads are going to say "whoops, forgot to carry the two; actually everything is fine."

The truth however is that you don't need me to tell you that everything isn't fine; nobody does. While it may be refreshing to hear the U.S. government admit we're already in the middle of a global warming hockey stick graph, folks living on a boiling planet could have told you that just by stepping outside the past few years. What's important here is what this document, and the thousands of other official studies just like it proves; that Joe Biden, and other Pig Empire political leaders also know climate catastrophe, caused by fossil fuel consumption, is already here. Furthermore, so do all the other politicians, lobbyists, and even media muppets trying to sell you on planting trees, carbon capture, and bullsh*t "net zero" policies that won't stop the coming apocalypse, and ultimately only serve to sustain the very capitalist order causing it.

Of course, maybe you didn't need me to tell you that either. Perhaps hearing it from the Department of Defense, or major international banks was enough. Maybe it should just be pretty obvious that when an American President says we need to increase fossil fuel production now, to be able to decrease it at some undefined point in the future,  we are all being taken for a morbidly insulting ride. Maybe that's why capital is spending billions trying to disempower the people and lull us all back to sleep; it's not like they can keep it a secret anymore. If that's the case however, the folks around me sure are acting funny for people who know their leaders intend to murder their families for capitalism.



nina illingworth


Anarcho-syndicalist writer, critic, and analyst. 

You can find my work at NIDCCan’t You ReadMedia Madness and my Patreon Blog

Updates available on TwitterInstagramMastodon and Facebook

Podcast at “Kropotkin’s Barbershop” on Soundcloud.

Inquiries and requests to speak to the manager @ASNinaWrites

Chat with fellow readers online at Anarcho Nina Writes on Discord!

“It’s ok Willie; swing heil, swing heil…”

 

 

 

Friday, October 29, 2021

Nina-Bytes: It Pays to Be an Insider

 


Editor's noteNina-Bytes is a weekday blogging series that features short analysis and commentary on articles from around the web.

 

Burr’s Brother-in-Law Called Stock Broker, One Minute After Getting Off Phone With Senator

After what has certainly been an exhausting month, I thought we'd close off October with an old fashioned story about corruption in American politics. Do you remember the coronavirus insider trading in government scandal from back in the spring of 2020? In March of that year, we learned that several U.S. Senators dumped millions in stock on Wall Street right before the virus became an inescapable fact and Wall Street melted down. The scandal involved members of both major American political parties, but the actions of two Republican Senators who downplayed the severity of the virus threat at the time, stood out most; Kelly Loeffler and Richard Burr

You can read more about it by clicking the links in this article, but the short version is summed up well by David Leonhardt in the New York Times:


"Given the disconnect between what they knew and the public’s understanding, Burr and Loeffler had an opportunity to sound the alarm. They could have broken ranks with other congressional Republicans and told the country to take the situation more seriously. They could have criticized Trump for not doing more. Such criticism, coming from Trump’s own party, would have received major attention. It would have had the potential to alter Trump administration policy and, by extension, the course the disease took.

But Burr and Loeffler did virtually nothing to protect the health and safety of their constituents or of Americans in other states. (Burr went so far as to co-write an article for FoxNews.com bragging about the country’s readiness.) Here’s what the two senators did instead: They sold large amounts of their personal stock holdings, cashing in before the market sharply declined, as the severity of the virus became apparent to everyone."

 

Frankly, this should have been a huge story; this kind of pandemic profiteering by elected officials is beyond outrageous. It's not even remotely a stretch to say that people literally died so rich public officials could bank a profit here. Unfortunately we live in an environment of pervasive corruption and zero accountability, so most of the Senators were eventually cleared by the Department of Justice and the whole scandal just melted away.

As this October 28th report on ProPublica from Robert Faturechi reminds us however, most is not all; former chairman of the Senate Intelligence Committee, and soon to be retiring North Carolina Senator Richard Burr remains in the SEC's crosshairs. Turns out there's still an ongoing insider trading investigation into trades made by both Burr and his crooked brother-in-law, Gerald Fauth. And if the Securities and Exchange Commission filing about it is any indication, things are not going well for the Senator. From Faturechi's article:


"After Sen. Richard Burr of North Carolina dumped more than $1.6 million in stocks in February 2020 a week before the coronavirus market crash, he called his brother-in-law, according to a new Securities and Exchange Commission filing.

They talked for 50 seconds.

Burr, according to the SEC, had material nonpublic information regarding the incoming economic impact of coronavirus.

The very next minute, Burr’s brother-in-law, Gerald Fauth, called his broker.”


Well sheeit; how's that for getting your hand caught in the cookie jar? In an environment of legalized bribery where it's almost impossible to prove a give corruption case against powerful public officials, I think Burr might have just found a way to get there. So, presumably arrest warrants for Burr and Fauth (who Biden inexplicably reappointed to the National Mediation Board despite most of this already being in the public sphere) will be forthcoming, right? Don't bet on it sparky. We are after all, talking about a country that just recently realized there's an ethics problem with senior Federal Reserve staff owning and trading stock while controlling much of the American economy. 

No, my money is on Richard Burr riding off into the sunset like none of this ever happened; much the same way Loeffler did. Burr's retirement from the Senate will quell public outrage, and there is no appetite for prosecuting this sort of corruption in Washington. Opening up that can of worms might threaten all the other corrupt Senators in office, and that's a club too numerous and too powerful for even a motivated Department of Justice to challenge. Membership does after all, have its privileges.


nina illingworth


Anarcho-syndicalist writer, critic, and analyst. 

You can find my work at NIDCCan’t You ReadMedia Madness and my Patreon Blog

Updates available on TwitterInstagramMastodon and Facebook. Podcast at “No Fugazi” on Soundcloud.

Inquiries and requests to speak to the manager @ASNinaWrites

Chat with fellow readers online at Anarcho Nina Writes on Discord!

“It’s ok Willie; swing heil, swing heil…”