2020-05-30: News Headlines

Manuel Perez Rocha (2020-05-30). Corporate Lawsuits Could Devastate Poor Countries Grappling with Covid-19. zcomm.org Wealthy corporations may use trade courts to keep public health measures from cutting into their profits…

Stephen Lendman (2020-05-29). The Great US 2020 Wealth Transfer Heist. Deep Inequalities in US Society. globalresearch.ca In less than three-and-a-half years in office, Trump oversaw the Great GOP 2017 tax cut heist. | It handed corporate America and high-net-worth individuals a multi-billion dollar bonanza of enhanced wealth — followed this year by what I call 9/11 2.0, …

Alan MacLeod (2020-05-29). Media Elite Denounce Looting Even as Billionaires Reap Record Profits from Taxpayer-Funded Bailouts. thealtworld.com A mountain of studies on wealth inequality have shown its corrosive effect on social cohesion, with the more unequal a society gets, the less likely people are to see themselves as participants in a community and view others as a threat. | MPN— The extrajudicial killing of African-American man George Floyd by Police Officer Derek Chauvin sparked a storm of protests both in Minneapolis and across the country. These have included large peaceful demonstrations, but also arson, destruction of property and looting. Police have abandoned multiple precincts in the face of overwhelming popular rage. | The Reverend M…

David Cavendish (2020-05-29). Millions jobless, benefits hard to get — We need a federal unemployment system. peoplesworld.org The current federal-state unemployment insurance (UI) system in the United States was a disaster waiting to happen. And when COVID-19 forced large parts of the economy to shut down in recent months, the disaster proved to be even worse than feared. With the number of newly unemployed people now officially passing 40 million (with millions more uncounted), …

Lucas Leiroz de Almeida (2020-05-29). Bolivia's Parliament Summons "Interim President" Jeanine àÅñez to Clarify Corruption Scandal. globalresearch.ca The coup d'état carried out in Bolivia was the starting point for a major wave of social, political and economic setbacks in the country. Bolivia is the poorest country in South America, with very high poverty rates, however, during the …

Zoe PC (2020-05-29). In Colombia, the pandemic is widening inequality in access to education. peoplesdispatch.org Popular educator, professor and militant Harold García discusses how the pandemic has put stress on the public education system of Colombia and made access to education even less equal…

Sonali Kolhatkar (2020-05-29). For America's Wealthiest, the Pandemic is a Time to Profit. counterpunch.org The American Enterprise Institute's (AEI) Michael Strain wrote an op-ed in the New York Times recently explaining how "The American Dream Is Alive and Well," and that in his opinion this nation has, "bigger issues than inequality." Strain's piece is part of the paper's new pandemic-era series called "The America We Need" and engages in

Fight Back (2020-05-29). 2.1 million new claims for unemployment insurance bring total to 40 million. fightbacknews.org San José, CA – On Thursday, May 28, the U.S. Department of Labor reported that there were 2.1 million new claims for state unemployment insurance in the previous week ending May 23. This was down from 2.4 million new claims the week before, showing that the wave of layoffs from the pandemic and efforts to control it is going down. At the same time this is still more than ten times the pre-recession level and brings the total number of new applications to 40 million in the last ten weeks. | The total number of people receiving benefits through both the regular state unemployment and the Federal Pandemic Unemployme…

Mike Konczal (2020-05-29). Unemployment Insurance Is a Vital Part of Economic Freedom. thenation.com Unemployment Insurance Is a Vital Part of Economic Freedom…

Jeff Jurgens (2020-04-30). U.S. Organizations React to Global Military Spending Report. peaceaction.org Joint Statement: U.S. organizations react to global military spending report April 27, 2020 Our diverse group of 39 think-tanks, non-profits, faith-based organizations, and advocacy groups based in the United States find the exorbitant amount of money spent on militaries worldwide to be an irresponsible and harmful use of global wealth. The Global Military Expenditures Report …

Andrey Areshev (2020-05-28). Australia & the Working of the American Imperial Hand. strategic-culture.org The paradox of Australia: a wealthy country whose complacent, U.S.-indoctrinated political elites are betraying its promise in so many important ways, writes Tony Kevin. | Tony KEVIN | It is hard to explain Australia to foreigners: a complicated former British colonial society that likes to think of itself as simple and honest, and sometimes persuades others that this may be true. The Australia of the "Dustyesky Russian Choir" that recently became a brief sensation on Russia's mainstream Channel One is a reassuring image: one in which some Russians might still sentimentally like to believe. | Yet there is a darke…

Albrecht Mueller (2020-05-30). Extremely Growing Inequality Destroys Democracy. indybay.org When one percent have half of the wealth, mistrust and cynicism drown out public spirit and trust between the generations. A fair tax system includes closing tax havens, micro-second trading, stock buybacks and insider trading…