Daily Archives: June 7, 2020

2020-06-07: News Headlines

Stephen Lendman (2020-06-07). The Illusion of Economic Recovery Began in the US. globalresearch.ca Protracted main street depression conditions have existed in the US since 2008 with no relief for ordinary Americans in prospect. | Before economic collapse this year, unemployment exceeded 20%, Labor Department numbers rigged to pretend otherwise. | The so-called U-3 BLS number …

Peter Phillips (2020-06-07). A Strategy for Global Democracy and Wealth Sharing. globalresearch.ca It is time for power to the people! | Global capitalist inequality contributes directly to health pandemics, environmental degradation, and mass poverty. Elite-corporate oligarchs control the governments and political parties. They use established militarized police states to protect their vast empires …

WSWS (2020-06-06). Brazil's President Bolsonaro calls demonstrators "terrorists," threatens military repression. wsws.org Gen. Hamilton Mourà£o viciously attacked protests against the murder of George Floyd and social inequality, calling for the arrest of demonstrators.

Kaitlin Curtice, Esther Choo (2020-06-06). [Perspectives] Indigenous populations: left behind in the COVID-19 response. thelancet.com Scholar Annie Belcourt described Native American populations in the USA as having lives that are "challenging and short". Globally, across countries and populations, Indigenous peoples face a greater burden of disease than non-Indigenous peoples, including cardiovascular disease and HIV/AIDS and other infectious diseases, and have higher infant and maternal mortality and lower life expectancy. Their health is impacted by epigenetic stressors of generational oppression and violence, including disproportionate numbers of missing and murdered Indigenous women, lower educational attainment, and persistent poverty.

Healthier Societies for Healthy Populations Group (2020-06-06). [Comment] Healthier societies for healthy populations. thelancet.com The COVID-19 pandemic makes the importance of health and wellbeing clear. The pandemic's implications for societies are far reaching. Yet the response to this pandemic and the creation and promotion of health and wellbeing require action beyond the health sector—and beyond the usual ways of working in global health. Governments are not adequately tackling inequality, ongoing economic crises, or continuing environmental damage, which undermines the health of current and future generations. For example, tobacco and alcohol use, unhealthy diets, air pollution, and insufficient physical exercise contribute to m…

Project Censored (2020-06-06). A Strategy for Global Democracy and Wealth Sharing. projectcensored.org By Peter Phillips It is time for power to the people! Global capitalist inequality contributes directly to health pandemics, environmental degradation, and mass poverty. Elite-corporate oligarchs control the governments and…

Ashley Curtin (2020-06-06). Racial inequalities contribute to higher unemployment rates in black communities, new research reveals. nationofchange.org The "devastating effects of COVID-19 on the economic and physical well-being of black Americans were entirely predictable given persistent economic and health disparities."

Fight Back (2020-06-06). Don't believe the hype: Unemployment increased in May. fightbacknews.org San José, CA – Corporate-owned media is blaring that the unemployment rate unexpectedly fell in May to 13.3%, from 14.7% in April. This was far better than even the most optimistic economist expected and even led to at least one to declare that "the recession is over." Well, when something is too good to be true, it usually isn't true. | This report flies in the face of all the other reports on the job market in May. The Labor Department's own report on continuing unemployment insurance claims, including regular state unemployment insurance, the federal Pandemic Unemployment Assistance (PUA), the federal Pandemic…

WSWS (2020-06-06). Trump hails dubious May jobless report to boost stock market, back-to-work drive. wsws.org An unexpected decline in the unemployment rate in May is being used by the White House to declare the pandemic-fueled economic crisis over.

Stephen Lendman (2020-06-05). Extraordinary Disconnect Between Stock Prices and Economic Collapse. globalresearch.ca US equity prices are near or at all-time highs at a time of unprecedented economic collapse, a festering main street Depression, unemployment way higher than in the 1930s, with no prospect for a V-shaped recovery, only its illusion. | The Wall …

Dave Lindorff (2020-06-05). Urban Poor Lose Fear and Release Pent-Up Rage. zcomm.org The torching of our cities, and the looting of the malls is what is really sending the message that we're "all in this together," by making it clear that if this country continues down its current path towards ever increasing racial and economic inequality, no one, regardless of their wealth and power, will escape the consequences…

Chuck Collins (2020-06-05). As 42.6 Million Americans File for Unemployment, Billionaires Add Half a Trillion Dollars to Their Cumulative Wealth. counterpunch.org In a turbulent week across the nation, the wealth of U.S. billionaires surged past half a trillion dollars since the beginning of the pandemic unemployment. The announcement on June 4th that an additional 1.9 million more have filed for unemployment in the last week means that 42.6 million Americans have filed since March 18th, according

WSWS (2020-06-05). Protests spread in Chile as hospitals reach saturation point. wsws.org The loss of life is the outcome of decades of pro-corporate policies that have led to a chronically underfunded health system, now on the verge of collapse and extreme poverty.

Peoples Dispatch (2020-06-05). Taxing large fortunes, a tool of social justice. peoplesdispatch.org Several countries around the world are discussing a tax on large fortunes to deal with the consequences of the COVID-19 pandemic. The question of combating extreme inequality is a political decision that governments have to make. | According to an Oxfam study, since 2015, the richest population, which accounts for 1% of the total, has more wealth than the rest of the planet. Small elites of countries seize an increasing proportion of national income, while hundreds of millions of people still do not have access to potable drinking water or enough food for their families. | The gap between rich and poor people wid…

Abigail Devereaux (2020-06-05). Unemployment Far Worse in Lockdown States, Data Show. globalresearch.ca The novel coronavirus has done severe economic damage all over the globe. The Congressional Budget Office (CBO) stated on June 1, 2020 that

WSWS (2020-06-05). New US weekly unemployment claims near 2 million as foreclosures, hunger loom. wsws.org The economic meltdown triggered by the COVID-19 pandemic is evolving into a deep and long economic slump.

Andrea Germanos, staff writer (2020-06-05). Jim Cramer: Coronavirus Pandemic Triggered 'One of the Greatest Wealth Transfers in History'. commondreams.org Small businesses are "dropping like flies," said the "Mad Money" host. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/wealth-transfer.jpg

The Commonwealth Club (2020-06-05). Thursday 6/4: Intersection of Racial Inequality and Pride Month (webinar). indybay.org Online livestream…

Staff (2020-06-05). Employment Jumps 2.5 Million in May, as Unemployment Falls to 13.3 Percent. truthout.org The May jobs numbers were considerably better than most analysts had expected with the economy reportedly adding 2,509,000 jobs, while the unemployment rate fell by 1.4 percentage points to 13.3 percent. This improved labor market picture should not have been surprising since many businesses across the country had reopened by the survey week in mid-April. The high number of unemployment insurance claims, continuing through May, likely gave a wrong picture, as delays in processing caused claims t…

imperial.ac.uk (2020-06-05). New measures to tackle racial inequality, as Imperial pledges to 'do better'. imperial.ac.uk Imperial's President has announced a series of initiatives to address current and historic racial injustices.

RT (2020-06-06). As UK braces for post-lockdown 'crime tsunami,' some turn to TRAINED DOGS for security. rt.com The UK is bracing for a crime wave, with unemployment soaring and US riots on every screen. But unlike Americans, Brits cannot own guns — so they're scrambling for whatever security they can get, from CCTV to trained dogs. | As Britain begins to ease its Covid-19 lockdown conditions, the nation is on alert. | The UK has been warned to expect a deluge of criminality. | Doctor Simon Harding, a former Home Office and Metropolitan Police adviser,

RT (2020-06-05). Twitter blasts Trump for saying it's a 'great day for George Floyd' after good US jobs numbers, but his words taken out of context. rt.com Twitter erupted in a rage after reports that Donald Trump said the murdered George Floyd would be "happy" about good US jobs figures. It turned out the president wasn't talking about jobs figures when he made the comment at all. | During remarks at the White House on Friday, Trump took time to boast about figures showing unemployment had fallen to 13.3 percent with 2.5 million jobs added in May, as the economy begins to rebound following the Covid-19 lockdown. | Many reporters on Twitter were then quick to share shortened versions of a clip in which Trump said Floyd was hopefully "looking down right now and sa…

RT (2020-06-05). Post-lockdown job recovery numbers are cooked, but not for the reason Paul Krugman & the never-Trumpers believe. rt.com The Trump administration has hailed new US jobs numbers showing a dip in sky-high unemployment rates as an economic victory, and the president's enemies are crying foul. They're right — but not for the reasons they think. | The president and his allies are hailing the addition of millions of jobs in Friday's report from the Department of Labor as a sign the US has reversed the economic death spiral that began when state governments forced entire industries to close their doors in March due to the coronavirus pandemic. | Economists surveyed by Dow Jones had expected the unemployment rate to spike from 14.

RT (2020-06-05). Twitter users blast Trump over out-of-context 'great day for George Floyd' quote. It was about 'equal justice,' not jobs numbers. rt.com Twitter erupted in a rage after reports that Donald Trump said the murdered George Floyd would be "happy" about good US jobs figures. It turned out the president wasn't talking about jobs figures when he made the comment at all. | During remarks at the White House on Friday, Trump took time to boast about figures showing unemployment had fallen to 13.3 percent with 2.5 million jobs added in May, as the economy begins to rebound following the Covid-19 lockdown. | Many reporters on Twitter were then quick to share shortened versions of a clip in which Trump said Floyd was hopefully "looking down right now and sa…

_____ (2020-06-06). 'Major Co-Option': Without Action, Hospitals' BLM Statements Are Performative. popularresistance.org As the fight against racial inequality in the US has become a national, pervasive movement following the killing of Minneapolis, Minnesota, resident George Floyd, many corporations have argued that they too are helping in the struggle for justice. One anonymous doctor reminds Sputnik that these statements, without acts, are simply performative. | An academic physician based in Washington, DC, who wished to remain anonymous joined Radio Sputnik's Political Misfits on Friday to provide insight on performative allyship and how their own hospital is contributing to the problematic practice. | "I just witnessed major…