www.californiadroughtupdate.org/20200611-California-Water-and-Infrastructure-Report.pdf?_t=1591999911
“In March and April 2020, the economy and its 50 million un- and underemployed workers have been subordinated to the Federal Reserve’s policy of bailing out trillions of dollars of worthless speculative debt, while industry, small businesses, and other elements of the real economy are scrambling for the equivalent of pennies. Putting the fox in charge of the hen house, Blackrock, the world’s largest asset-management fund, has been put in charge of allocating federal stimulus money. Blackrock is a leader in the drive for “financial regime change,” placing central banks, and their green fascist agenda, above nations. Meanwhile, the U.S. House of Representatives has now proposed to borrow and spend no less than $3 trillion in one piece of legislation, without creating a single new, productive project or job.
“The failure of the monetarist policies which gave us five decades of deindustrialization and the deterioration of the American economy into a globalized, service economy must now be reversed.”
A Note To Readers
As the nation, and the world, continue to endure the worst crisis in the living memory of any human alive today, we shall continue our focus on the necessary global policy required to create a world in which problems can be solved.
This week’s report basically ignores the immediate concerns of water and infrastructure in this state, with the exception of an article on the expanding drought in the western U.S.
Then, as in line with the President’s recent call for a $2 trillion fund for building U.S. infrastructure, we have his executive order to bypass regulations to get such work done.
Setting the stage for our Feature this week is an article on the more realistic financial and economic near future of “a Major Economic Explosion Is Imminent This Summer.”
The Feature is Chapter 3 of LaRouche PAC’s new pamphlet, “The LaRouche Plan to Reopen the U.S. Economy: The World Needs 1.5 Billion New, Productive Jobs.”
Last week this report included Chapters 1 and 2. Direct links to the entire pamphlet and the individual chapters are included.
