Daily Archives: July 9, 2020

2020-07-09: News Headlines

repost (2020-07-09). Corrupt Pelosi & Here Wealthy Husband Get PPP-Nancy Pelosi's husband among lawmaker-linked. indybay.org Corrupt Nancy Pelosi's wealthy husband received PPP loan funds.

Dean Baker (2020-07-08). Combating the Political Power of the Rich: Wealth Taxes and Seattle Election Vouchers. cepr.net I have written many times that I thought the focus on wealth inequality, as opposed to income inequality, was misplaced. There are many practical, political, and legal problems associated with taxing wealth that are considerably smaller when we talk about altering the economic structures that redistribute so much income upward. But beyond the issue of …

Heidi Peltier (2020-07-08). The 'Camo Economy' Hides Military Costs and Exacerbates Inequality. commondreams.org In 2018, Lockheed Martin Corporation earned $8 billion in profits. About 85 percent of their business was government contracts. (Photo: Lockheed Martin) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/f-35_cold_war_arms_trade_0.jpg

Bob Lord (2020-07-08). Welcome to Hectobillionaire Land. counterpunch.org You don't hear much about millionaires these days in America. Which makes some sense. Add up all our nation's personal wealth, divide by our number of people, and we have an average wealth per person in the United States today of about $300,000. At that average, a family of three worth a million dollars turns

Alec Connon (2020-07-08). What Do the Racial Wealth Gap, Police Brutality, and the Climate Crisis Have in Common? Wall Street. commondreams.org "The fossil fuel corporations funded by Wall Street cause vast harm to black communities," writes Connon, "yet, black communities reap almost no benefit from the industry." (Image: Flood Wall Street) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/image.jpg_0.jpg

Fight Back (2020-07-08). A new Michigan rally for 'HEROES Act now' set for July 15. fightbacknews.org Grand Rapids, MI – After a lively rally on June 24 with nearly 100 workers, the stagehands union IATSE is calling a new rally on the steps of the Michigan State Capitol for July 15. The stagehands and other gig workers are demanding the passage of the HEROES (Health and Economic Recovery Omnibus Emergency Solutions) Act by the U.S. Senate. July 25 is looming as the $600 per week unemployment boost that keeps people paying their bills is set to run out. Tensions are rising not just in Michigan, but also for stagehands from New York City to Hollywood, across the whole country. | "The U.S. House of Representatives…

_____ (2020-07-08). Pandemic Capitalism: Pervasive Inequality Is A Chosen Catastrophe. popularresistance.org The current flavor of 'no holds barred' capitalism sits at this precipice. For years, it has extracted everything within its reach. It has exploited our natural resources and damaged our ecosystems. It has claimed our time and effort, and even our hopes and dreams. All these things have been treated as resources to be mined for a system that's systematically designed to benefit the few. | The main idea underpinning the current version of capitalism is blindingly simple: you only have to remember one thing – that your job is to maximize profits. And you only have to accept one lie – that in doing so, you benefit t…

_____ (2020-07-08). A Decade Of Research On The Rich-Poor Divide In Education. popularresistance.org Education inequality is not just a divide between rich and poor but also between the ultra-rich and everyone else. In 2020, a Pennsylvania State University researcher documented how the wealthiest school districts in America — the top 1 percent — fund their schools at much higher levels than everyone else and are increasing their school spending at a faster rate. The school funding gap between a top 1 percent district (mostly white suburbs) and an average-spending school district at the 50th percentile widened by 32 percent between 2000 and 2015, the study calculated. Nassau County, just outside New Y…

RT (2020-07-07). South America's Covid-19 crisis has exposed the inequalities of the region & the lack of real progress addressing poverty. rt.com As the coronavirus continues to wreak havoc in South America, it is the poorest who are worst affected. The pandemic has highlighted the societal problems that countries have been unable to eradicate. | At roughly 7: 30am on July 6, a gasoline truck overturned on a perilous stretch of Colombia's Caribbean highway known for accidents. In this part of the world, a vehicle accident itself is generally not newsworthy. | But times are different. With Covid-19 ravaging South America, we can begin to understand why ten people lost their lives when the truck's cargo exploded, and around 50 are in a serious condition fr…

news.un (2020-07-07). Independent rights expert speaks of 'anguish, stress and disempowerment' of poverty. news.un.org More than 70 million people are expected to fall into extreme poverty because of COVID-19, the UN Human Rights Council heard on Tuesday, as a leading rights expert slammed "greatly exaggerated" claims of global poverty eradication between 1990 and 2015.

Peoples Dispatch (2020-07-07). Argentine social movements propose San Martín Plan to overcome extreme poverty post-COVID-19. peoplesdispatch.org Social leader Juan Grabois, in an interview with community media, detailed aspects of the plan which envisions the generation of 4 million jobs The plan envisions the creation of a fund which will set up 4,000 productive units…

Matt Bruenig (2020-07-07). The Racial Wealth Gap Is About the Upper Classes. zcomm.org Here's an idea: we should redistribute wealth from the largely white 1 percent to the poor and working class of all races — tackling both racial and class inequality simultaneously.

Dean Baker (2020-07-07). Unemployment Benefits Should Depend on the Pandemic. counterpunch.org In recent weeks many members of Congress have been arguing against extending the $600 weekly supplement to unemployment insurance benefits that was put into the original pandemic relief package. Some members of Congress have even argued for extra payments to encourage unemployed workers to return to work. These proposals miss the logic that led Congress

WSWS (2020-07-07). As cutoff of $600 weekly benefit and wave of evictions loom, Congress takes a holiday. wsws.org The $600 weekly federal supplement to unemployment benefits is set to expire July 25, while moratoriums on evictions have already expired in 20 states.

sputniknews (2020-07-07). US' Illegal Killing of Soleimani 'Same Deal' as Past Wars Over 'Sphere of Influence' – Journo. sputniknews.com In a recent report, a United Nations expert found the January killing of Iranian Major General Qasem Soleimani by a US drone strike was against international law. One journalist told Sputnik the killing fit a long pattern of the US destroying places it cannot control, which is linked to the proliferation of poverty in the US.

Staff (2020-07-07). New House Bill Would Tax Wall Street Windfalls to Guarantee Good Jobs. truthout.org The pandemic has claimed nearly 15 million U.S. jobs. Meanwhile, high flying financial traders are making a killing off the market volatility caused by the crisis. A new House bill would tax Wall Street windfalls to guarantee good jobs for people in high unemployment areas. | The

The Commonwealth Club (2020-07-07). Thursday 7/9: COVID19 Pandemic & Its Hightened Impact on Latino Community. indybay.org Online via livestream…

Eoin Higgins, staff writer (2020-07-07). 'Dangerous Complacency': UN Expert Issues Scathing Report Denouncing Global Failures to Tackle Poverty Even Before Covid Pandemic. commondreams.org "Poverty is a political choice and it will be with us until its elimination is reconceived as a matter of social justice." | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/poverty_1.jpg

en.mehrnews (2020-07-06). VIDEO: Huge protests against racism in New York. en.mehrnews.com TEHRAN, Jul. 06 (MNA) — Despite widespread crackdown on protesters, a large crowd took to the streets in New York to protest against racism and inequality.

Philip Giraldi (2020-07-06). Reparations and Other Scams: Israeli Survivors Live in Poverty and Are Starving? globalresearch.ca The issue of reparations and other compensation has been much in the news of late, most particularly in relationship to possible payments to descendants of slaves in the United States to compensate them for their disadvantages brought about by what …

WSWS (2020-07-06). British government reimposes welfare benefits sanctions as pandemic continues and unemployment rockets. wsws.org By June, the number of job center claimants had risen by 126 percent since the start of the pandemic, to 2.8 million.

WSWS (2020-07-06). Brazil's coronavirus cases top 1.5 million amid record unemployment. wsws.org From March to May, some eight million workers lost their jobs, and more than half of the country's working age population have become unemployed.

The Canary (2020-07-06). Government accused of confusing holidaymakers over travel lists. thecanary.co Only 25 countries on government lists aimed at restarting foreign holidays are accessible for English visitors, according to new analysis. | Last week, the Department for Transport (DfT) named 74 countries and territories from where people will not need to quarantine if they return to or visit England from Friday. | The Foreign and Commonwealth Office (FCO) published a separate list of 67 destinations which are exempt from its advisory against all non-essential travel. | But analysis by travel consultancy The PC Agency and consumer research agency AudienceNet found that just 25 locations included on the lists do…