Daily Archives: April 28, 2020

2020-04-28: News Headlines

RT (2020-04-28). WATCH: Lebanese citizens vent their ire by TORCHING bank, army vehicle, as at least 1 protester shot dead. rt.com A protester has been shot and killed in the Lebanese city of Tripoli, as the country's financial and economic crisis worsens under the additional pressure of the coronavirus pandemic. | The Lebanese pound has collapsed amid soaring inflation and unemployment worsened by the shutdown of the economy, exacerbating the pre-existing financial crisis which has plagued the country since October. | #ÿߟÑÿ≠ŸÖÿ±ÿßÿ° – #ÿ®Ÿä&yuml…

Mark Gruenberg (2020-04-28). As coronavirus still rages, debate over post-virus future heats up. peoplesworld.org WASHINGTON—Even as the coronavirus pandemic still rages through the U.S., the debate over the shape of society and the economy, post-virus, is heating up. On one side, with the weight of wealth, clout, and the ruling Republican White House, are corporate and right-wing interests that want to take the country back to the days of …

RT (2020-04-28). US unemployment may be as high as 40 MILLION – national poll. rt.com The soaring jobless rate in the US due to the Covid-19 outbreak may be far worse than the official data shows, as millions of Americans have been unable to file for unemployment insurance, a poll finds. | The number of those who filed for unemployment surpassed 26 million, after an additional 4.4 million claims were filed last week. As more and more people are seeking financial aid amid massive layoffs triggered by the deadly pandemic, some have complained of glitches in the government's online system. | It turns out the frustration over the application process could have resulted in massive undercounting in t…

The Commonwealth Club SF (2020-04-28). Asian American Voices on Anti-Asian Violence During COVID-19 (Online). indybay.org Online via livestream…

Staff (2020-04-28). Relief Is Funneled to the Wealthy. We Need a Financial Infrastructure Overhaul. truthout.org The coronavirus — both the pandemic itself and the economic recession it caused — are hitting marginalized groups the hardest: low-wage workers, women and people of color (especially women of color) and small businesses. But instead of providing equitable relief targeted to the most disadvantaged households and businesses, Congress and the Federal Reserve are reinforcing many of the existing disparities that made our health care system and economy so fragile to begin with. Indeed…

graham (2020-04-28). My billionaire bosses funnelled money offshore for years. Now they want a bailout. truepublica.org.uk We're sharing this personal story from an anonymous writer who has been made redundant in the past month. The consequences of a world where we tolerated the excesses of so-called 'wealth creators' are becoming starkly clear as their lack of responsibility or loyalty to employees and to the society that has enriched them is hitting …

Miri Wood (2020-04-28). Netanyahu Air Force Bombings Targeted Homes, Killed Three Civilians. globalresearch.ca Americans awaiting their COVID-19 stimulus and unemployment checks will be thrilled to know their taxes continue to be spent via Netanyahu bombing and murdering Syrians in their homes. Israel remains the US' most voracious welfare state queen, subsidized at more …

teleSUR (2020-04-28). US Workers Could Earn More From Unemployment Than Low-Wage Jobs. telesurenglish.net More than half of all United States workers could make more in unemployment benefits than they did at their low-wage jobs before the COVID-19 pandemic hit the country, the Wall Street Journal RELATED: | "Qualified workers will receive the government payout every week through July, and in mo…

Alan MacLeod (2020-04-27). America's Super-Rich See Their Wealth Rise by $282 Billion in Three Weeks of Pandemic. thealtworld.com America's billionaires have accrued more wealth in the past three weeks alone than they made in total prior to 1980. | MPN— A

Andrey Areshev (2020-04-27). Capitalism Can't Be Repaired, Coronavirus Shows Its Huge eaknesses. strategic-culture.org Byrichard D. WOLFF | Consider this absurdity: The U.S. government's policy in the face of the current capitalist crash is to "return the economy to the pre-coronavirus normal." What? In that "normal" system, private capitalists maximized profits by not producing the tests, masks, ventilators, beds, etc., needed when coronavirus hit. Profit-driven capitalism proved extremely inefficient in its response to the virus. Wealth already lost from the coronavirus far exceeds what it would have cost to prepare properly. In capitalism, a small minority—employers—makes all the key decisions (what, how, where to…

Anthony DiMaggio (2020-04-27). Record Inequality, COVID-19, and the Crisis of the Have-Nots. counterpunch.org Americans have historically struggled to see inequality as a major societal problem. Inequality in the U.S. was at record levels, even before the emergence of the Covid-19 public health and economic crisis. And Americans have long been tolerant of high inequality in their own country. Less than half historically have said inequality reduction should be a top policy priority of government.

Ron Forthofer (2020-04-27). Deja vu: Another Bail-Out for Banks and Other Giant Corporations. dissidentvoice.org The name of the latest enormous transfer of wealth to the one percent, the CARES (Coronavirus Aid, Relief, and Economic Security) Act, represents a public relations coup. Unsurprisingly, this great sounding title misrepresents the bill's contents. Pattern of transferring wealth upward Unfortunately, this bill is essentially a repeat of the bailout of Wall Street during …

RT (2020-04-26). Expect unemployment rates to hit 'Great Depression' level, warns Trump's economic advisor. rt.com White House senior advisor Kevin Hassett says US economy is in "grave situation" and the unemployment rate could be hitting the same numbers seen during the Great Depression due to the Covid-19 pandemic. | "We're going to be looking at an unemployment rate that approaches rates that I think we saw during the Great Depression," Hassett told ABC' 'The Week' on Sunday. | Hassett called the economic state in the US a "grave situation" and "the biggest negative shock [the] economy has ever seen." | Hassett continued to paint a bleak picture when he compared jobless numbers today to those from the economic recession…

Fight Back (2020-04-24). Largest economic decline since the Great Depression. fightbacknews.org San José, CA – More than 4 million more Americans filed for Unemployment Insurance, or UI, benefits last week according to the latest Labor Department report on Thursday, April 23. This brings the total number of new claims over the last five weeks to 27 million. | While the number of new claims did drop by a million new claims from the week before, it was still the highest number on record aside from the previous two weeks. Adding last week's jobless workers to the unemployment rate brings it to more than 20%, closing in on the Great Depression record of 25% unemployment. There are still many laid-off workers w…

Staff (2020-04-22). Chileans Who Took to Streets Against Inequality & Climate Crisis Say Virus Lockdowns Won't Stop Them. democracynow.org Months ago, the streets of Santiago and other Chilean cities were alive with a vibrant mass protest movement that drew hundreds of thousands and even led the U.N. climate summit to be relocated to Madrid, Spain, last December. Now the public spaces of Santiago are largely empty as citizens shelter in place to prevent the spread of COVID-19. But the protest movement against austerity and right-wing President Sebastián Piñera lives on as activists find new ways to organize online. We go to Santiago, Chile, to speak with Angela Valenzuela, a 350.org organizer who has been active both in the country's uprising and in…

Staff (2020-04-21). NYC Immigrant Communities Fight Hunger, Exploitation & Invisibility Through Mutual Aid. democracynow.org We look at how the coronavirus pandemic is impacting undocumented people here in New York City, where the coronavirus has hit immigrant communities the hardest, even as the numbers of daily deaths statewide has declined in recent days. As reports of widespread poverty and hunger continue in the immigrant communities, people are also organizing and helping each other through mutual aid despite extraordinarily difficult circumstances. We are joined by Juan Carlos Ruiz, Lutheran pastor at Good Shepherd Church in Brooklyn and co-founder of the national New Sanctuary Movement and the New Sanctuary Coalition here in Ne…

splcenter (2020-04-11). SPLC condemns attack on Alabama synagogue. splcenter.org The Southern Poverty Law Center condemns the antisemitic attacks that took place during Passover at the Etz Chayim Synagogue in Huntsville, Alabama.

yenisafak (2020-04-28). Latin America to see sharp increase in hunger, poverty: FAO report. yenisafak.com Hunger and poverty are set to spike in Latin America and the Caribbean as the impact of the novel coronavirus ravages the region ¥s economies and disrupts supply chains, according to a report by the United Nations Food and Agriculture Organization (FAO).Most countries across Latin America have been forced to shutter their economies, dashing hopes for growth and sending forecasts for unemployment spiraling upward.The U.N. agency said there should still be plenty of food available in both regional and international reserves but warned hobbled supply chains could complicate access to those stores, especially for…

2020-04-28: Social Media Postees

Please be social by posting these 'POSTEES' on social media! (Copy the text of the postee below, then paste it on social media and the story images will also appear.)

WATCH: Lebanese citizens vent their ire by TORCHING bank, army vehicle, as at least 1 protester shot dead
rt.com | 2020-04-28
A protester has been shot and killed in the Lebanese city of Tripoli, as the country's financial and economic crisis worsens under the additional pressure of the coronavirus pandemic. | The Lebanese pound has collapsed amid soaring inflation and unemployment worsened by the shutdown of the economy, exacerbating the pre-existing financial crisis which has plagued the country since October. | #ÿߟÑÿ≠ŸÖÿ±ÿßÿ° – #ÿ®Ÿä&yuml…
rt.com/news/487106-bank-torched-lebanon-riots/

My billionaire bosses funnelled money offshore for years. Now they want a bailout
graham | truepublica.org.uk | 2020-04-28
We're sharing this personal story from an anonymous writer who has been made redundant in the past month. The consequences of a world where we tolerated the excesses of so-called 'wealth creators' are becoming starkly clear as their lack of responsibility or loyalty to employees and to the society that has enriched them is hitting …
truepublica.org.uk/united-kingdom/my-billionaire-bosses-funnelled-money-offshore-for-years-now-they-want-a-bailout/

Relief Is Funneled to the Wealthy. We Need a Financial Infrastructure Overhaul
Staff | truthout.org | 2020-04-28
The coronavirus

Relief Is Funneled to the Wealthy. We Need a Financial Infrastructure Overhaul
Staff | truthout.org | 2020-04-28
The coronavirus

As coronavirus still rages, debate over post-virus future heats up
Mark Gruenberg | peoplesworld.org | 2020-04-28
WASHINGTON–Even as the coronavirus pandemic still rages through the U.S., the debate over the shape of society and the economy, post-virus, is heating up. On one side, with the weight of wealth, clout, and the ruling Republican White House, are corporate and right-wing interests that want to take the country back to the days of …
peoplesworld.org/article/as-coronavirus-still-rages-debate-over-post-virus-future-heats-up/

Asian American Voices on Anti-Asian Violence During COVID-19 (Online)
The Commonwealth Club SF | indybay.org | 2020-04-28
Online via livestream…
indybay.org/newsitems/2020/04/24/18832613.php

US Workers Could Earn More From Unemployment Than Low-Wage Jobs
telesurenglish.net | 2020-04-28
More than half of all United States workers could make more in unemployment benefits than they did at their low-wage jobs before the COVID-19 pandemic hit the country, the Wall Street Journal reported Tuesday. | RELATED: | US Unemployment Applications Reach 26.4 Million Amid Pandemic | "Qualified workers will receive the government payout every week through July, and in mo…
telesurenglish.net/news/US-Workers-Could-Earn-More-From-Unemployment-Than-Low-Wage-Jobs-20200428-0017.html

US unemployment may be as high as 40 MILLION – national poll
rt.com | 2020-04-28
The soaring jobless rate in the US due to the Covid-19 outbreak may be far worse than the official data shows, as millions of Americans have been unable to file for unemployment insurance, a poll finds. | The number of those who filed for unemployment surpassed 26 million, after an additional 4.4 million claims were filed last week. As more and more people are seeking financial aid amid massive layoffs triggered by the deadly pandemic, some have complained of glitches in the government's online system. | It turns out the frustration over the application process could have resulted in massive undercounting in t…
rt.com/business/487127-us-unemployment-much-higher/

Netanyahu Air Force Bombings Targeted Homes, Killed Three Civilians
Miri Wood | globalresearch.ca | 2020-04-28
Americans awaiting their COVID-19 stimulus and unemployment checks will be thrilled to know their taxes continue to be spent via Netanyahu bombing and murdering Syrians in their homes. Israel remains the US' most voracious welfare state queen, subsidized at more …
globalresearch.ca/netanyahu-air-force-bombings-targeted-homes-killed-three-civilians/5711065

America's Super-Rich See Their Wealth Rise by $282 Billion in Three Weeks of Pandemic
Alan MacLeod | thealtworld.com | 2020-04-27
America's billionaires have accrued more wealth in the past three weeks alone than they made in total prior to 1980. | MPN– A new report from the Institute for Policy Studies found that, while tens of millions of Americans have lost their jobs during the coronavirus pandemic, America's ultra-wealthy elite have seen their net worth surge by $282 billion in…
thealtworld.com/alan_macleod/americas-super-rich-see-their-wealth-rise-by-282-billion-in-three-weeks-of-pandemic

Capitalism Can't Be Repaired, Coronavirus Shows Its Huge Weaknesses
Andrey Areshev | strategic-culture.org | 2020-04-27
Byrichard D. WOLFF | Consider this absurdity: The U.S. government's policy in the face of the current capitalist crash is to "return the economy to the pre-coronavirus normal." What? In that "normal" system, private capitalists maximized profits by not producing the tests, masks, ventilators, beds, etc., needed when coronavirus hit. Profit-driven capitalism proved extremely inefficient in its response to the virus. Wealth already lost from the coronavirus far exceeds what it would have cost to prepare properly. In capitalism, a small minority–employers–makes all the key decisions (what, how, where to…
strategic-culture.org/news/2020/04/27/capitalism-cant-be-repaired-coronavirus-shows-its-huge-eaknesses/

Capitalism Can't Be Repaired, Coronavirus Shows Its Huge eaknesses
Andrey Areshev | strategic-culture.org | 2020-04-27
Byrichard D. WOLFF | Consider this absurdity: The U.S. government's policy in the face of the current capitalist crash is to "return the economy to the pre-coronavirus normal." What? In that "normal" system, private capitalists maximized profits by not producing the tests, masks, ventilators, beds, etc., needed when coronavirus hit. Profit-driven capitalism proved extremely inefficient in its response to the virus. Wealth already lost from the coronavirus far exceeds what it would have cost to prepare properly. In capitalism, a small minority–employers–makes all the key decisions (what, how, where to…
strategic-culture.org/news/2020/04/27/capitalism-cant-be-repaired-coronavirus-shows-its-huge-eaknesses/

Record Inequality, COVID-19, and the Crisis of the Have-Nots
Anthony DiMaggio | counterpunch.org | 2020-04-27
Americans have historically struggled to see inequality as a major societal problem. Inequality in the U.S. was at record levels, even before the emergence of the Covid-19 public health and economic crisis. And Americans have long been tolerant of high inequality in their own country. Less than half historically have said inequality reduction should be a top policy priority of government.
counterpunch.org/2020/04/27/record-inequality-covid-19-and-the-crisis-of-the-have-nots/

Record Inequality, COVID-19, and the Crisis of the Have-Nots
Anthony DiMaggio | counterpunch.org | 2020-04-27
Americans have historically struggled to see inequality as a major societal problem. Inequality in the U.S. was at record levels, even before the emergence of the Covid-19 public health and economic crisis. And Americans have long been tolerant of high inequality in their own country. Less than half historically have said inequality reduction should be a top policy priority of government.
counterpunch.org/2020/04/27/record-inequality-covid-19-and-the-crisis-of-the-have-nots/

Deja vu: Another Bail-Out for Banks and Other Giant Corporations
Ron Forthofer | dissidentvoice.org | 2020-04-27
The name of the latest enormous transfer of wealth to the one percent, the CARES (Coronavirus Aid, Relief, and Economic Security) Act, represents a public relations coup. Unsurprisingly, this great sounding title misrepresents the bill's contents. Pattern of transferring wealth upward Unfortunately, this bill is essentially a repeat of the bailout of Wall Street during …
dissidentvoice.org/2020/04/deja-vu-another-bail-out-for-banks-and-other-giant-corporations/

Chart of the day
David Ruccio | mronline.org | 2020-04-27
A new report from the Institute for Policy Studies, "Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes, and Pandemic Profiteers," reveals that the wealth of U.S. billionaires is indeed staying at home.
mronline.org/2020/04/27/chart-of-the-day-3/?utm_source=rss&utm_medium=rss&utm_campaign=chart-of-the-day-3

Italy to Start Lifting COVID-19 Lockdown on May 4
telesurenglish.net | 2020-04-26
Italy will begin to re-open its strategic sectors after almost two months of quarantine as it prepares a staged end to Europe's longest COVID-19 lockdown, Prime Minister Giuseppe Conte informed Sunday. | RELATED: | Italy: COVID-19 Plunged One Million People Into Poverty | "We expect a very complex challenge," Conte said as he outlined the roadmap to restarting activities put into hibernation since early March. "We will live with the virus and we will have to adopt every precaution poss…
telesurenglish.net/news/Italy-to-Start-Lifting-COVID-19-Lockdown-on-May-4-20200426-0005.html

Expect unemployment rates to hit 'Great Depression' level, warns Trump's economic advisor
rt.com | 2020-04-26
White House senior advisor Kevin Hassett says US economy is in "grave situation" and the unemployment rate could be hitting the same numbers seen during the Great Depression due to the Covid-19 pandemic. | "We're going to be looking at an unemployment rate that approaches rates that I think we saw during the Great Depression," Hassett told ABC' 'The Week' on Sunday. | Hassett called the economic state in the US a "grave situation" and "the biggest negative shock [the] economy has ever seen." | Hassett continued to paint a bleak picture when he compared jobless numbers today to those from the economic recession…
rt.com/usa/486941-economy-coronavirus-great-depression/

Largest economic decline since the Great Depression
Fight Back | fightbacknews.org | 2020-04-24
San José, CA – More than 4 million more Americans filed for Unemployment Insurance, or UI, benefits last week according to the latest Labor Department report on Thursday, April 23. This brings the total number of new claims over the last five weeks to 27 million. | While the number of new claims did drop by a million new claims from the week before, it was still the highest number on record aside from the previous two weeks. Adding last week's jobless workers to the unemployment rate brings it to more than 20%, closing in on the Great Depression record of 25% unemployment. There are still many laid-off workers w…
www.fightbacknews.org/2020/4/24/largest-economic-decline-great-depression

Chileans Who Took to Streets Against Inequality & Climate Crisis Say Virus Lockdowns Won't Stop Them
Staff | democracynow.org | 2020-04-22
Months ago, the streets of Santiago and other Chilean cities were alive with a vibrant mass protest movement that drew hundreds of thousands and even led the U.N. climate summit to be relocated to Madrid, Spain, last December. Now the public spaces of Santiago are largely empty as citizens shelter in place to prevent the spread of COVID-19. But the protest movement against austerity and right-wing President Sebastián Piñera lives on as activists find new ways to organize online. We go to Santiago, Chile, to speak with Angela Valenzuela, a 350.org organizer who has been active both in the country's uprising and in…
www.democracynow.org/2020/4/22/angela_valenzuela_chile

NYC Immigrant Communities Fight Hunger, Exploitation & Invisibility Through Mutual Aid
Staff | democracynow.org | 2020-04-21
We look at how the coronavirus pandemic is impacting undocumented people here in New York City, where the coronavirus has hit immigrant communities the hardest, even as the numbers of daily deaths statewide has declined in recent days. As reports of widespread poverty and hunger continue in the immigrant communities, people are also organizing and helping each other through mutual aid despite extraordinarily difficult circumstances. We are joined by Juan Carlos Ruiz, Lutheran pastor at Good Shepherd Church in Brooklyn and co-founder of the national New Sanctuary Movement and the New Sanctuary Coalition here in Ne…
www.democracynow.org/2020/4/21/migrants_in_queens

NYC Immigrant Communities Fight Hunger, Exploitation & Invisibility Through Mutual Aid
Staff | democracynow.org | 2020-04-21
We look at how the coronavirus pandemic is impacting undocumented people here in New York City, where the coronavirus has hit immigrant communities the hardest, even as the numbers of daily deaths statewide has declined in recent days. As reports of widespread poverty and hunger continue in the immigrant communities, people are also organizing and helping each other through mutual aid despite extraordinarily difficult circumstances. We are joined by Juan Carlos Ruiz, Lutheran pastor at Good Shepherd Church in Brooklyn and co-founder of the national New Sanctuary Movement and the New Sanctuary Coalition here in Ne…
www.democracynow.org/2020/4/21/migrants_in_queens

SPLC condemns attack on Alabama synagogue
splcenter.org | 2020-04-11
The Southern Poverty Law Center condemns the antisemitic attacks that took place during Passover at the Etz Chayim Synagogue in Huntsville, Alabama.
splcenter.org/news/2020/04/10/splc-condemns-attack-alabama-synagogue

Latin America to see sharp increase in hunger, poverty: FAO report
yenisafak.com | 2020-04-28
Hunger and poverty are set to spike in Latin America and the Caribbean as the impact of the novel coronavirus ravages the region ¥s economies and disrupts supply chains, according to a report by the United Nations Food and Agriculture Organization (FAO).Most countries across Latin America have been forced to shutter their economies, dashing hopes for growth and sending forecasts for unemployment spiraling upward.The U.N. agency said there should still be plenty of food available in both regional and international reserves but warned hobbled supply chains could complicate access to those stores, especially for…
yenisafak.com/en/economy/latin-america-to-see-sharp-increase-in-hunger-poverty-fao-report-3518134