The pandemic profiteers are cashing in. The Wall Street Journal reports that "48 top executives have collected more than $200 million each from stock sales, nearly four times the average number of insiders from 2016 through 2020." The insiders know a market crash is coming. 1/ Image
According to the WSJ, "[I]nsiders have sold a record $63.5 billion in shares through November...The technology sector has led with $41 billion in sales across the entire market." The article quotes Wharton School Professor Daniel Taylor, who calls the selling "unprecedented." 2/
Elon Musk has sold $10b worth of grotesquely overvalued Tesla stock (while denouncing proposals to tax unrealized capital gains). Other big sellers include Google's Brin and Page. Mark Zuckerberg has dumped $4.5b worth of stock. 3/
Their socially obscene personal wealth has been made possible by criminal policies responsible for the deaths of 800,000 people in the US and millions more globally. Changing policy requires ending the dictatorship of the rich and the expropriation of their illicit wealth. 4/4

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More from @DavidNorthWSWS

10 Dec
In response to Russia's demand that Ukraine not be admitted to NATO, a senior Biden administration official stated: “[One] nation cannot tell another to change its politics, and nations can’t tell others who they can work with.”
What staggering hypocrisy! 1/
All of American foreign policy is based on the presumption that the US has the right to dictate the internal politics and foreign policies alliances of every other country in the world. It interferes with bribes, sanctions, assassinations, "color revolutions" and invasions. 2/
The are innumerable examples of US interventions: from the early 20th century invasions of Haiti, Nicaragua and Mexico; the CIA overthrow of elected governments in Iran and Guatemala; the failed Bay of Pigs invasion to oust Castro, to name just a few. 3/
Read 4 tweets
5 Dec
Occasionally the NY Times - perhaps by accident - publishes something intelligent and worth reading. Such is the case with playwright David Hare's review of Matthew Sturgiss' biography of Oscar Wilde. There are passages that flew over the heads of NYT Book Review editors. 1/
The review, published today, is titled, "The Importance of Being Oscar". Apparently aware that Wilde, were he alive, would attract the wrath of MeToo and the NYT, Hare writes: 2/
"Wilde brought to literature a liberating philosophy that struck hard at Victorian society, but also at our own. He did not believe that morality consisted of judging other people's faults. He believed it consisted of judging your own." Ouch! 3/
Read 9 tweets
5 Dec
The @The1619Project is undergoing another reinvention. @nhannahjones now claims (see below): "No honest reading of the 1619 Project argues that it deemphasizes 1776 of [sic] the Declaration." What shameless dishonesty! 1/
The Project's main thesis is that the revolt against Britain was undertaken to save slavery. Among the main sources cited by Hannah-Jones in support of the Project is "The Counter-Revolution of 1776", written by the unreconstructed Stalinist liar and plagiarist Gerald Horne. 2/
In a further tweet, also written on Nov 22, Hannah-Jones contradicts herself and reiterates the 1619 Project's attempt to discredit (not merely "deemphasize") 1776. She writes: "Further, the Declaration is not a liberation document, but a document arguing for secession." 3/
Read 4 tweets
1 Dec
In response to a favorable reference to Tom Mackaman's "trenchant critique" of the #1619Project, @jbouie of the NY Times tweeted: "unfortunately i am having a hard time getting through the vitriolic denunciations that punctuate every other sentence" 1/
This is a dishonest characterization of Mackaman's essay, which provided a meticulously researched refutation of @jakesilverstein's latest effort to legitimize the Project's racialist and politically reactionary falsification of US history. 2/
The two outstanding features of Mackaman's essay are 1) his careful review of the treatment of slavery by American historians, dating back to the work of George Bancroft in the 19th century, demolishing the @nytimes claim that the subject was ignored by "white" scholars. 3/
Read 7 tweets
27 Nov
The Omicron variant, which threatens an even more disastrous spread of Covid-19, confirms the warnings of scientists. Without stringent public health measures aimed at the global elimination and eradication of the virus, the pandemic will go on exacting a terrible human toll. 1/
But the Washington Post writes: "The U.S. must defend itself from the omicron variant — without resorting to lockdowns." In other words, continue the same disastrous policies. The WP justifies this with an absurd argument: 2/
"The costs of further lockdowns would be heavy, from eating disorders and opioid overdoses to small-business failures and school kids falling behind." How do these consequences -- all of which could be prevented -- compare with millions more dying? 3/
Read 4 tweets
18 Oct
No, the elimination and eradication of Covid is "not going to happen" as long as policy is dictated to governments by profit-crazed corporate-financial interests. These pandemic "defeatists" are trying to convince the public to accept high levels of death. 1/
Pandemic history proves that eradication is possible. How many children in the United States contract Polio annually? Answer: since 1979 there have been no cases originating in the US. The main obstacle to eradication is the social and political environment. 2/
Dr. Smith's tweet asks, "Who's going to fund" the global eradication campaign? Well, who funded the $3 trillion corporate bailout provided in March 2020 by the CARES Act? The virus persists because the dominant economic interests prioritize corporate profits and share values. 3/
Read 5 tweets

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