For February 10, 2022
by Patrick Ruckert
www.californiadroughtupdate.org/20220210-California-Water-and-Infrastructure-Report.pdf?_t=1644618667
Weather across the West was once again dry this week. Western Oregon saw expansions to moderate (D1) and severe (D2) drought increased.
Another week of dry weather increased water-year-to-date precipitation shortfalls and lowered streamflow values.
The far northern Oregon Cascades saw improvement. Snowpack here is near normal for the water year.
Extreme drought (D3) was expanded in Utah as increasing precipitation deficits have dried out soils and lowered streamflow.
The rest of the West remains unchanged. Several weeks of dry weather has caused high elevation snowpack in parts of the west to drift away from the above-normal values at the start of the new year.
Feature: What A Third National Bank Can Do
This is a matter of intention. This wrecking of our economy didn’t happen overnight. As this LaRouche PAC series has been elaborating, it is the oligarchy’s central banking system as a whole that lies at the root of our crisis.
Decision followed decision to deregulate, deindustrialize, post-industrialize, and outsource the agro-industrial base of our country. But you, dear reader, were not part of that decision-making process. Now, rapid decisions must be made, but they will only be made with your willful participation as the 2022 elections must sweep out the bad and begin to open the door for what is made anew again.
Let us first preface what follows with a cautionary note: There is still a misplaced belief that our economic problems are “financial problems.” For instance, that local businessmen, farmers and big corporations are hit with rising interest rates—which “temporarily disrupt” an otherwise “healthy” economic system. Or that firms wake up to discover that they had made bad investment decisions based on “distorted price information” and therefore cannot generate the expected returns.
Our reality today is instead captured in the “triple curve” that economist and statesman Lyndon LaRouche first presented in 1995.
