Daily Archives: October 15, 2019

2019-10-15: News Headlines

Lara Merling — Leo Baunach (2019-10-15). Sovereign Debt Restructuring: Not Falling Prey to Vultures. counterpunch.org The IMF program has failed, and the debt is unsustainable. What happens next? The Macri government leaves behind another failed IMF agreement, an economy in shambles, soaring poverty, and a large dollar-denominated debt burden. The move to extend maturities on some domestic debt is not a solution to the problem. It postpones the restructuring of More

Staff (2019-10-15). Depoliticization Is a Deadly Weapon of Neoliberal Fascism. truthout.org | | Increasingly, Americans live in an era in which every aspect of society displays symptoms of political, economic and ethical impoverishment. This condition extends from the workplace and education to the legal system and the larger culture. It is evident in the way our society has increasingly become dominated by the language of extreme nationalism, racism, nativism and grotesque levels of inequality. And it is evident in the depoliticizing conditions of our social order that strip individuals of critica…

The Canary (2019-10-15). UK employment suffers sharpest dip in four years as wage growth stalls. thecanary.co UK employment suffered its sharpest decline in more than four years in the three months to August, new figures reveal. | The number of people in work declined by 56,000 to 32.69 million in the quarter, as the number of people claiming unemployment benefits jumped higher, the Office for National Statistics (ONS) said. | The slump was significantly below forecasts by economists, who had predicted a 26,000 rise in employment. | The quarterly decline in employment was the heaviest fall since May 2015, when the level of employment slid by 65,000. | Unemployment also increased in August, rising from a 45-year low repor…

Staff (2019-10-15). Homewreckers: How Wall Street, Banks & Trump's Inner Circle Used the 2008 Housing Crash to Get Rich. democracynow.org We speak with investigative reporter Aaron Glantz about his new book "Homewreckers," which looks at the devastating legacy of the foreclosure crisis and how much of the so-called recovery is a result of large private equity firms buying up hundreds of thousands of foreclosed homes. "Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream" reveals how the 2008 housing crash decimated millions of Americans' family wealth but enriched President Donald Trump's inner circle, including Trump Cabi…

Dean Baker (2019-10-14). The Economics and Politics of Financial Transactions Taxes and Wealth Taxes. counterpunch.org Last month, the Washington Post reported that Joe Biden is considering including a financial transactions tax (FTT) as part of his campaign for the Democratic nomination. For those of us who have long advocated such a tax, this is very good news. On this issue, Bernie Sanders has taken the lead among presidential candidates, including More

Ed Sykes (2019-10-13). Labour has the perfect response to Jo Swinson's terrible take on Jeremy Corbyn. thecanary.co Liberal Democrat leader Jo Swinson has adopted an extreme opposition to Jeremy Corbyn's Labour Party since assuming her role earlier this year. And on 13 October, she kept up her sectarian stance by again suggesting that there's no way she'd ever work with Corbyn. Labour's response to this, meanwhile, was pure gold. | Sky's Sophy Ridge asked Swinson: Are there any circumstances that you would back a Jeremy Corbyn government? | Swinson answered: No. | Millions of workers are in poverty because Jo Swinson went against raising minimum…

The Real News Network (2019-10-12). IRS Audits Poor People Far More Often Than the Wealthy. dissidentvoice.org Republicans gutted the IRS with New Democrat support. It ensured that the wealthy can cheat our nation with impunity, says Bill Black.

RT (2019-10-12). 16,000 Dead in the UK: the Brexit Connection. dissidentvoice.org Thousands of Britons died last winter because they couldn't afford adequate heating. Former UK MP George Galloway joins Rick Sanchez to explain how poverty and inequality in the UK contributed to the country's decision to leave the EU.

Staff (2019-10-11). IRS Audits Poor People Far More Often Than the Wealthy. therealnews.com Republicans gutted the IRS with New Democrat support. It ensured that the wealthy can cheat our nation with impunity, says Bill Black.

Staff (2019-10-10). Protest Wave Engulfs Iraq, Over 100 Dead, Government Helpless? therealnews.com For over a week now protests have been shaking Iraq, with massive police repression, leading to over 100 dead. The protests are an outgrowth of discontent over corruption, poverty, and an ethnic quota system, says Sabah Alnasseri.

CounterSpin (2019-09-27). Shailly Gupta Barnes, Frances Fox Piven on Defining and Ending Poverty. fair.org Media…

2019-10-15: Social Media Postees

Please be social by posting these 'POSTEES' on social media!

Sovereign Debt Restructuring: Not Falling Prey to Vultures
Lara Merling — Leo Baunach | counterpunch.org | 2019-10-15
The IMF program has failed, and the debt is unsustainable. What happens next? The Macri government leaves behind another failed IMF agreement, an economy in shambles, soaring poverty, and a large dollar-denominated debt burden. The move to extend maturities on some domestic debt is not a solution to the problem. It postpones the restructuring of…
counterpunch.org/2019/10/15/sovereign-debt-restructuring-not-falling-prey-to-vultures/

Depoliticization Is a Deadly Weapon of Neoliberal Fascism
Staff | truthout.org | 2019-10-15
| Increasingly, Americans live in an era in which every aspect of society displays symptoms of political, economic and ethical impoverishment. This condition extends from the workplace and education to the legal system and the larger culture. It is evident in the way our society has increasingly become dominated by the language of extreme nationalism, racism, nativism and grotesque levels of inequality. And it is evident in the depoliticizing conditions of our social order that strip individuals of critica…
truthout.org/articles/depoliticization-is-a-deadly-weapon-of-neoliberal-fascism/

UK employment suffers sharpest dip in four years as wage growth stalls
The Canary | thecanary.co | 2019-10-15
UK employment suffered its sharpest decline in more than four years in the three months to August, new figures reveal. | The number of people in work declined by 56,000 to 32.69 million in the quarter, as the number of people claiming unemployment benefits jumped higher, the Office for National Statistics (ONS) said. | The slump was significantly below forecasts by economists, who had predicted a 26,000 rise in employment. | The quarterly decline in employment was the heaviest fall since May 2015, when the level of employment slid by 65,000. | Unemployment also increased in August, rising from a 45-year low repor…
thecanary.co/uk/news/2019/10/15/uk-employment-suffers-sharpest-dip-in-four-years-as-wage-growth-stalls/

Homewreckers: How Wall Street, Banks & Trump's Inner Circle Used the 2008 Housing Crash to Get Rich
Staff | democracynow.org | 2019-10-15
We speak with investigative reporter Aaron Glantz about his new book "Homewreckers," which looks at the devastating legacy of the foreclosure crisis and how much of the so-called recovery is a result of large private equity firms buying up hundreds of thousands of foreclosed homes. "Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream" reveals how the 2008 housing crash decimated millions of Americans' family wealth but enriched President Donald Trump's inner circle, including Trump Cabi…
www.democracynow.org/2019/10/15/aaron_glantz_homewreckers_book_housing_crisis

The Economics and Politics of Financial Transactions Taxes and Wealth Taxes
Dean Baker | counterpunch.org | 2019-10-14
Last month, the Washington Post reported that Joe Biden is considering including a financial transactions tax (FTT) as part of his campaign for the Democratic nomination. For those of us who have long advocated such a tax, this is very good news. On this issue, Bernie Sanders has taken the lead among presidential candidates, including…
counterpunch.org/2019/10/14/the-economics-and-politics-of-financial-transactions-taxes-and-wealth-taxes/

Labour has the perfect response to Jo Swinson's terrible take on Jeremy Corbyn
Ed Sykes | thecanary.co | 2019-10-13
Liberal Democrat leader Jo Swinson has adopted an extreme opposition to Jeremy Corbyn's Labour Party since assuming her role earlier this year. And on 13 October, she kept up her sectarian stance by again suggesting that there's no way she'd ever work with Corbyn. Labour's response to this, meanwhile, was pure gold. | Sky's Sophy Ridge asked Swinson: Are there any circumstances that you would back a Jeremy Corbyn government? | Swinson answered: No. | Millions of workers are in poverty because Jo Swinson went against raising minimum…
thecanary.co/uk/2019/10/13/labour-has-the-perfect-response-to-jo-swinsons-terrible-take-on-jeremy-corbyn/

IRS Audits Poor People Far More Often Than the Wealthy
The Real News Network | dissidentvoice.org | 2019-10-12
Republicans gutted the IRS with New Democrat support. It ensured that the wealthy can cheat our nation with impunity, says Bill Black.
dissidentvoice.org/2019/10/irs-audits-poor-people-far-more-often-than-the-wealthy/

16,000 Dead in the UK: the Brexit Connection
RT | dissidentvoice.org | 2019-10-12
Thousands of Britons died last winter because they couldn't afford adequate heating. Former UK MP George Galloway joins Rick Sanchez to explain how poverty and inequality in the UK contributed to the country's decision to leave the EU.
dissidentvoice.org/2019/10/16000-dead-in-the-uk-the-brexit-connection/

IRS Audits Poor People Far More Often Than the Wealthy
Staff | therealnews.com | 2019-10-11
Republicans gutted the IRS with New Democrat support. It ensured that the wealthy can cheat our nation with impunity, says Bill Black.
therealnews.com/stories/irs-audits-poor-more-often-than-wealthy

Protest Wave Engulfs Iraq, Over 100 Dead, Government Helpless?
Staff | therealnews.com | 2019-10-10
For over a week now protests have been shaking Iraq, with massive police repression, leading to over 100 dead. The protests are an outgrowth of discontent over corruption, poverty, and an ethnic quota system, says Sabah Alnasseri.
therealnews.com/stories/protest-iraq-100-dead-government-helpless

Shailly Gupta Barnes, Frances Fox Piven on Defining and Ending Poverty
CounterSpin | fair.org | 2019-09-27
Media…
fair.org/home/shailly-gupta-frances-fox-piven-on-defining-and-ending-poverty/