Daily Archives: August 12, 2020

2020-08-12: News Headlines

United We Dream (2020-08-12). Wednesday 8/12: Action: Demand Congress Include All Immigrants in the Next COVID Stimulus Bill. indybay.org Online action…

Michael Owens (2020-08-12). How South Korea's past informs Moon Jae-In's civil rights policy. indybay.org President Moon Jae-In is the current president of South Korea. His presidency began without the typical two-month adjustment period, coming out of the previous scandal involving President Park Geun-hye. His justice minister pick became embroiled in a scandal, and the country's economy and unemployment rate have taken a turn for the worse. His approval rates have fallen to record lows, as protestors take to the streets. What actions is President Moon taking to bolster his candidacy? Let's examine how South Korea's political history has informed President Moon Jae In's public policy.

Norbert Trenkle (2020-08-12). When Wealth Destroys Wealth: Inverse Capitalism and its Limits. indybay.org Ever-increasing real estate prices was an illusion. The boom that the US stock markets have experienced in recent years deserves the name fracking boom. Fictitious capital put the US economy back on the growth track. Inverse capitalism describes contemporary capitalism determined by dynamics of the financial market.

_____ (2020-08-12). A Company Of Thieves Run By Washington To Steal Syrian Oil. popularresistance.org Stealing the resources of the Syrian people and plundering their wealth has always been a major goal of the United States in Syria, as it has completed its hostile approach by supporting terrorism there through an agreement between it and Qasad (SDF) militia to pillage the Syrian oil in an aggravated and declared crime that violates the rules of international law. | The administration of US President Donald Trump has worked for years on the scheme to plunder the Syrian oil, which was finally embodied in the agreement between Washington and Qasad militia as informed sources revealed to the (CNN) that the agreement…

Paul Street (2020-08-11). Defund Fascism, Blue and Orange. counterpunch.org The American ruling class says it is opposed to "big government." It isn't. The wealthy Few are only against what the French sociologist Pierre Bourdieu called "the left hand of the state" — those parts of government that reflect the victories of past and ongoing social movements by serving the common good, regulating Big Business,

Dean Baker (2020-08-11). There is No Evidence That Generous Unemployment Benefits are Making It Difficult to Find Workers. counterpunch.org The July employment report showed the economy adding another 1,761,000 jobs in July. This follows gains of 2,725,000 in May, and 4,791,000 in June, leaving the economy down 12,881,000 jobs from its February level. The unemployment rate fell from 11.1 percent to 10.2 percent, while the employment to population ratio (EPOP) rose from 54.6 percent

WSWS (2020-08-11). Louisiana Supreme Court denies review of Fair Wayne Bryant's life sentence for allegedly stealing a pair of hedge clippers. wsws.org This horrific experience demonstrates the true face of justice in America, with one set of rules for the poor and oppressed and another set of rules for the wealthy.

Walker D. (2020-08-11). Work of Philanthropy in Responding to COVID-19 and Addressing Inequality. jamanetwork.com In this Viewpoint the president of the Ford Foundation calls on philanthropic and other wealthy organizations to make creative and generous grants to less well-endowed counterpart institutions and communities to redress the racial and socioeconomic disparities exposed by the COVID-19 pandemic and continued killings of Black Americans.

Claudia Webbe (2020-08-11). Debt cancellation is vital for global recovery. zcomm.org Cancelling debt for poor countries is desperately needed to shore up public health systems, social protections and address global structural inequality…

Fight Back (2020-08-11). Jobless workers will get little or no help from Trump's executive orders. fightbacknews.org San José, CA – On Saturday, August 8, President Trump signed four executive orders that he declared would "take care of, pretty much, the entire situation." But jobless workers will get little or no help from the triple whammy of the COVID-19 pandemic, economic crisis and the recent loss of the additional $600 a week in unemployment benefits, known as the Federal Pandemic Unemployment Compensation, of FPUC. | Instead, Trump ordered $400 a week in additional payments, calling the cut in benefits "generous." But he ordered the money to come from the Federal Emergency Management Agency FEMA. There is only enough mon…

Wingo Smith (2020-08-11). There's No Debate; Southern States Need Congress to Extend CARES Act Unemployment Benefits. splcenter.org

Marlee Kokotovic (2020-08-11). Conservative group board members make millions in pandemic aid yet lobby against unemployment benefits. nationofchange.org "If these groups are concerned the government is spending too much during this historic crisis, they are welcome to return their taxpayer-funded bailouts."

David Rovics (2020-08-11). Tear Gas Ted Has a Tantrum in Portland. counterpunch.org The liberal landed gentry dripping with multi-generational wealth and entitlement, as represented by Tear Gas Ted Wheeler, has made a pronouncement: the good folks trying to burn down the police station there in outer east Portland the other night were guilty of "attempted murder," as twenty defenseless, though heavily-armed, police officers inside cowered and shivered

Mike Ervin (2020-08-11). Smart Ass Cripple: Love Thy Neighbor . . . Unless They're Poor. progressive.org Trump's latest attempt to get the wealthy, suburban vote comes in the form of an attack on low-income housing.

Margot Rathke (2020-08-11). Why the Stimulus Deal Should Include Free College. commondreams.org "Even before the pandemic, the exorbitant cost of higher education was holding our country back. That's especially true now." (Image: via Inequality.org/IPS) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/screen_shot_2020-08-11_at_1.57.58_pm.png

Jack Rasmus (2020-08-10). Trump's Executive Orders: EOs as PR and FUs. counterpunch.org Less than 24 hours after Trump broke off negotiations on the economic stimulus package with Congressional Democrat leaders, Pelosi and Shumer, last Friday August 7, Trump issued a series of Executive Orders (EOs) that he had been signaling and threatening all last week well before the break up. Almost certainly the legal crafting of the

Daniel Warner (2020-08-10). Geneva: The Home of Lost Causes. counterpunch.org Anniversaries call for celebrations. The 75th anniversary of the United Nations was supposed to be the event of 2020 for the multilateral system. The list of scheduled events and publications is too long to mention. Should we celebrate? What is there to celebrate? A global pandemic with no multilateral response? Increasing economic and social inequality

RT (2020-08-10). 'Give them soy lattes and foot massages' — Ted Cruz roasted for mocking pandemic payments. rt.com Republican Senator Ted Cruz was hammered online after he mocked a Democrat colleague's calls for higher coronavirus payments to Americans. Cruz's brand of 'let them sip soy' humor went down like a lead balloon. | Though President Donald Trump recently signed a slew of executive orders extending unemployment benefits, pausing evictions, deferring student loan payments and implementing a payroll tax cut, the American people have yet to receive another stimulus check from the federal government. | With Congress set to debate a second round of checks in the coming days, some Democrats have called for a more genero…

_____ (2020-08-10). After 300 Years, It's Time To End Capitalism, Not Reform It. popularresistance.org The United States is facing multiple crises with no signs of improvement on the horizon – a deep recession, high unemployment, millions of people soon to be displaced from their homes, a failed healthcare system in the midst of a pandemic, the climate crisis and more. We speak with Professor Richard Wolff, an economist and the author of "Democracy at Work", about the history of capitalism and how it is inherently unstable. Prof. Wolff posits that the United States is now in a situation where capitalism is unlikely to survive. He describes why that is and the lessons we must learn from the fatal mistakes made when…

Elijah Magnier (2020-08-10). Is the Partition of Lebanon now on the table? thealtworld.com Following the end of the 1975 civil war in Lebanon, the Taef agreement (one of the worse agreements on record) was signed between the belligerents. It delivered the country into the hands of the civil warlords who today rule Lebanon along with their children. Since then they have been frenetically diligent in stealing public wealth, mismanaging the country and offering precious little infrastructure to the inhabitants. They shelter behind the religious leaders, who are keen to offer protection to these lords… as long as they guard the governmental position allocated to each of the 18 Lebanese religions, accordi…

_____ (2020-08-10). Trump's Executive Orders Are Public Relations Stunts. popularresistance.org Trump, Meadows, Mnuchin and McConnell cleverly set up and sucked in Pelosi and Shumer into negotiations last week, never planning to conclude a deal by Friday, in the process getting them to reveal their priority demands and securing from them major concessions worth $1 trillion—for which the Democrat leaders apparently got nothing in return. | A day later, Trump dropped the hammer and issued his EOs, which are designed more as PR for his election campaign. They certainly won't provide anything remotely necessary as fiscal stimulus to confront the US economy's emerging fading rebound in recent weeks. | Upon…

Staff (2020-08-10). Trump Executive Action on Unemployment Insurance Deliberately Leaves Out Poorest. truthout.org On top of serious questions about the directive's The language of Trump's…

Julia Conley, staff writer (2020-08-10). Weeks After Voting for $740 Billion Pentagon Budget, Ted Cruz Says 'Magic Money Tree' Isn't Available to Struggling Families. commondreams.org Sen. Ed Markey led the charge on Monday against his colleague, Texas Republican Sen. Ted Cruz, after Cruz mocked the notion of providing robust financial assistance to Americans during the coronavirus pandemic as the nation faces a Great Depression-level unemployment crisis. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/gettyimages-1226458384_1.jpg

Fight Back (2020-08-10). Stagehands push for $600 unemployment benefit. fightbacknews.org Grand Rapids, MI – Fifty union stagehands chanted, "$600 now!" while pushing music road cases thru downtown Grand Rapids. They began their push at the U.S. Federal Building to demand Senator Mitch McConnell and Senate Republicans pass the $600 workers need. | Outdoor diners gawked, homeless workers shouted approval and cars honked in solidarity as the stagehands rolled past on their way to a lively rally under the Rosa Parks statue. | "We paid into unemployment our entire working lives. It is our money and we need the Republican politicians in the Senate to pass $600 now to pay our bills, pay for housing and pay…

Dr. Jack Rasmus (2020-08-09). Trump Scuttles Economic Stimulus Negotiations. What Next? globalresearch.ca Today, August 7, 2020 negotiations on an economic stimulus package between US House Democrats and the White House broke down and broke off. What's behind it? | In recent days the Democrats' leaders, Nancy Pelosi and Chuck Shumer, reportedly reduced …

Paul Larudee (2020-08-09). Restoring Free Speech and Freedom from Big Brother. dissidentvoice.org Read Part I, Part II, Part III, Part IV, Part V, Part VI, and Part VII. One of the greatest obstacles to greater distribution of wealth and power, and therefore to an equitable society, is control of — and controls on — speech and the media. Most films, television, newspapers, Internet suppliers and other mass …

Stephen Lendman (2020-08-09). Covid-19 and the "Greater Economic Depression" Exceeding the 1930s: Unemployment Armageddon. globalresearch.ca The COVID-19 crisis at a time of deteriorating economic conditions caused what in hindsight may be known as a Greater Depression — exceeding the worst of the 1930s. | For 20 straight weeks, new claims for unemployment insurance exceeded one million….

Dean Baker (2020-08-09). Economy Creates 1.8 Million Jobs in July, Production Workers' Wages Fall. zcomm.org There is no evidence that generous unemployment benefits are making it difficult to find workers…

_____ (2020-08-09). Trump's Order To Bypass Congress On COVID-19 Relief Faces Likely Legal Challenges. popularresistance.org Washington, DC – President Trump on Saturday said he was bypassing Congress and taking unilateral action to provide financial relief to Americans struggling during the coronavirus crisis, despite uncertainty about his legal authority to do so. | Following the breakdown of talks on Capitol Hill to reach a bipartisan deal, Trump signed four orders that he said would extend enhanced federal unemployment benefits, defer some employees' payroll taxes, continue a temporary ban on evictions and reduce the burden of student loans.

_____ (2020-08-09). Study: Return To Work Not Affected By $600 Unemployment Boost. popularresistance.org There's no relationship between expanded Unemployment Compensation payments and individuals' likelihood of returning to work, according to two recent studies. One, by researchers at Yale University, finds that more generous UC payments are not related to lower rates of return to work. Another shows employers saw no overall decline in the number of applicants per job vacancy as a result of the increased payments. | The findings refute the assertion by some pundits and politicians from both parties who claim the additional $600 weekly payment to laid-off workers established by Congress in March is a "disincentive t…

Jack Rasmus (2020-08-08). Trump Scuttles Economic Stimulus Negotiations What Next? zcomm.org The McConnell-Trump strategy is not to bail out state and local governments. It's about making the high urban population centers—located largely in 'blue' states—to bear the brunt of the continuing economic crisis…

_____ (2020-08-08). General Strike: The Eviction Crisis Escalates. popularresistance.org With an estimated 17 to 40 million people at risk of losing their homes by the end of September, and with the failure of the federal government to pass an eviction moratorium or an unemployment benefits extension, the greatest eviction and foreclosure crisis since the Great Depression is now upon us. In some states in the Southeast, as many as 60% of renters are at risk of being evicted, and people of color are likely to be hit disproportionately hard. The Census Bureau's Household Pulse survey in July, for example, highlighted that 42% of Black renters felt little to no confidence in their ability to pay rent th…

sputniknews (2020-08-08). Trump Signs Executive Orders on Coronavirus Relief for Americans. sputniknews.com Earlier, Trump said he instructed the administration to start drafting an Executive Order on unemployment benefits and other aid for jobless Americans after lawmakers failed to reach an agreement on a new coronavirus relief bill.

yenisafak (2020-08-08). Italy approves new post pandemic aid package. yenisafak.com The new stimulus measures are the third tranche of a government plan aimed at supporting Italy's fragile economy brought to its knees by the strict lockdown imposed nationwide to stem the spread of coronavirus.In total, the three emergency decrees approved by the Italian government since March released funding to the tune of ‚Ǩ100 billion. | "The new decree aims at supporting workers, businesses, and local institutions," Prime Minister Giuseppe Conte said at a press conference on Friday evening, detailing the new measures.The package includes an 18-week extension of public funding for workers un…

commondreams (2020-08-08). Progressive Groups Express Outrage at Senate Republicans and Trump for Walking Away from COVID-19 Stimulus Negotiations. commondreams.org ______________________________…