Nick Beams (WSWS) reports:
It is said that a picture is worth a thousand words. The same might apply to a graph. One such case is a striking graphic, published in the
Financial Times this week, showing a downturn in the wealth of the world’s top-ten billionaires in the financial crisis of 2008, and then roaring back, at an even greater rate than in the past, to reach new heights.
As the brief article noted, the net worth of the world’s “very wealthiest people took a hit during the financial crisis as the stock market tumbled—but that pause would be short lived.” The crisis proved to be but a “temporary setback.”
The graphic serves to underscore the real meaning of the word “recovery,” which is so frequently bandied about by the heads of the world’s major economic institutions to describe the state of the world economy.
In fact, it has nothing to do with economic reality. On the contrary, it reveals the state of the world’s ultra-wealthy, in contrast to the situation confronting hundreds of millions of working people in the major economies, where real incomes remain below their level before the 2008 crisis, and wealth has contracted.
While the world’s working class continues to battle with the ongoing effects of the greatest economic crisis since the Great Depression, the ultra-wealthy have powered ahead to the extent that, as the Oxfam agency reports, eight billionaires now hold wealth equal to that of more than half the world’s population combined.
The bulk of the country, of the world, have not seen an economic recovery.
This is C.I.'s "Iraq snapshot" for Wednesday:
Wednesday, August 30, 2017.
XINHUA reports, "Iraqi Prime Minister Haider al-Abadi on Tuesday rejected the relocation of around 700 Islamic State (IS) militants and their families to the Syrian eastern city of Bukamal near the border with Iraq." ALJAZEERA adds:
Haider al-Abadi, Iraq's prime minister, said on that Tuesday the deal was "unacceptable" and an "insult to the Iraqi people".
He said Iraq was battling the fighters, not sending them to Syria.
If the point was to drive the Islamic State out of Iraq, Hayder's whining that some are being bussed is rather strange.
Before the operation to 'liberate' Tal Afar began, Hayder issued his usual cry of leave now or we will kill you. (By the way, ALJAZEERA notes, "Abadi has said Iraqi forces expected to announce victory in the city of Tal Afar within days.")
Leave or we kill you.
Now he's upset that they're leaving?
Also weighing in?
US Special Envoy Brett McGurk.
XINHUA reports, "Iraqi Prime Minister Haider al-Abadi on Tuesday rejected the relocation of around 700 Islamic State (IS) militants and their families to the Syrian eastern city of Bukamal near the border with Iraq." ALJAZEERA adds:
Haider al-Abadi, Iraq's prime minister, said on that Tuesday the deal was "unacceptable" and an "insult to the Iraqi people".
He said Iraq was battling the fighters, not sending them to Syria.
If the point was to drive the Islamic State out of Iraq, Hayder's whining that some are being bussed is rather strange.
Before the operation to 'liberate' Tal Afar began, Hayder issued his usual cry of leave now or we will kill you. (By the way, ALJAZEERA notes, "Abadi has said Iraqi forces expected to announce victory in the city of Tal Afar within days.")
Leave or we kill you.
Now he's upset that they're leaving?
Also weighing in?
US Special Envoy Brett McGurk.
Our @coalition will help ensure that these terrorists can never enter #Iraq or escape from what remains of their dwindling "caliphate." 2/2
Oh, Brett, pretty fades.
What will you do when it's gone?
How exactly, Brett, do you determine the "irreconilable" terrorists. As opposed to, what I presume, would be the contrasting "dabbling" terrorists?
More to the point, the US government has repeatedly killed "terrorists" who turn out to be innocent civilians. So maybe guilt is better left to a court of law, Brett?
As for the US "ensur[ing] that terrorists can never enter #Iraq"?
I think Brett might need to try selling that to the American people because right now, they're not buying.
Right now, they're damn tired of 14 years of war in the latest wave of war on Iraq.
Right now, they damn sick of the fact that a trillion has been spent on this action and the cost is still increasing.
Right now, they're confused by their own government's refusal to provide Medicare for all when the US government did that for the Iraqi people when they wrote the 2005 constitution for Iraq.
Right now, as US cities crumble and there is no money to fix roads and highways and there is no money to increase the budgets for schools or libraries.
Why is it on the US to (pretend) to protect Iraq's borders?
That should be on Iraq.
I know they can't.
The Islamic States ascendancy proved that.
But a puppet government will never have mass support from the people.
So apparently, to keep the puppet government in place, the US will have to remain in Iraq for years to come.
And that is what Brett's Tweet is really saying.
Yes, indeed, Brett's really saying something.
And the American people should know what he's committing them to.
His Tweets should be front page, top of the hour news.
I seriously doubt, however, that what passes for media in this country will take the time to inform We The People.
Back to the parenthetical on Tal Afar, NRT and REUTERS note that Hayder held a press conference on Tuesday where he announced that they would soon declare victory in Tal Afar.
However, FRANCE 24 has an interview (link is video and text) with spokesperson and cheerleader for the US-led coalition Ryan Dillon where he dubs the operation "decisive" and refers to it in past tense.
Who is right -- Hayder or head cheerleader Ryan?
Iraqi troops face fierce IS resistance near Tal Afar
Maybe Ryan should have just stuck to doing the splits?
In other news, Kirkuk's joining the KRG in the planned September 25 referendum.
ADDED: The following community sites -- plus Jody Watley, PACIFICA EVENING NEWS, BLACK AGENDA REPORT -- updated:
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