“Very soon, the doomed, present international financial system will disintegrate. It can not be managed, or repaired; its doom is certain, and soon. We are already in the final phase of its destruction. This destruction will occur either in a rational way, through merciful, pre-emptive actions by individual governments, or in the most tragic way, spontaneously, and chaotically. Either way, the present financial system is doomed to disappear, very soon.”
Lyndon H. LaRouche, Jr.
A Note To Readers
The two previous weeks to this one I have focused this report on the Corona virus (COVID-19) pandemic. This week we return to water and infrastructure.
But, the first item below provides reality to all discussion about everything. And the Feature this week highlights the bailout bill being passed by the Congress this week, that while much of it is urgent it also includes massive bailouts of the speculative gambling debts of Wall Street in an attempt to prevent a complete blow-out of the rotten gambling casino called a financial system. Several articles are included on that topic.
And the Feature concludes with a tour de force of what must be done to deal with this breakdown crisis of our entire system.
Here is what is in this report on the emerging drought and its implications:
We began the year with almost no precipitation in the state during January, and then February was a record low for precipitation. While some may be attempting to call this month a “Miracle March,” since there has been some precipitation, as the U.S. Drought Monitor demonstrates, the process of a developing drought is the reality.
The pandemic has implications that may not be so apparent, and one of those is what will be the affect on California wildfires this year. As you will see in the article below, that affect may be disastrous.
One of the articles excerpted in the first section below discusses the idea that the past 20 years are one generalized drought for the Southwest states, with brief interruptions of adequate precipitation.
