Daily Archives: August 29, 2020

2020-08-29: News Headlines

Juan Cole (2020-08-29). How Trump brought us 11.1% Unemployment, lost Manufacturing Jobs, worsened Trade Deficits and Kowtowed to China. zcomm.org Trump has the worst job creation record of any modern president and far worse than even the much maligned Jimmy Carter…

Kareem Abdul-Jabbar (2020-08-29). Athletes Have Rekindled the Ember of Hope. zcomm.org When I boycotted the 1968 Olympics because of racial inequality I was ostracized. Now white athletes are joining their black teammates in protests…

Brett Wilkins, staff writer (2020-08-28). 'American Capitalism Is Off the Rails': Bezos Now Worth $200 Billion as Millions Struggle to Afford Essentials. commondreams.org Protesters rally outside Bezos' D.C. to demand $30/hr minimum wage for Amazon workers after world's richest man sets new wealth record. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/jeff_bezos_covid_profits_850_578.jpg

Jacqueline Skalski-Fouts (2020-08-28). Planting Trees Can Reduce Poverty and Slow Climate Change. globalresearch.ca Humanitarian crises have recently been declared in

W. T. Whitney Jr. (2020-08-28). Under capitalism Black lives are adrift and vulnerable. peoplesworld.org It's true. Too often, in too many circumstances, for too long, the lives of Black people in the United States don't matter. Black people fill prisons; their children fill terrible schools; too many are poverty-stricken. But at issue here are the killings and the people left to die. Post-Civil War arrangements by which the victorious …

Ted Kelly (2020-08-28). Philly rally demands unemployment pay. workers.org Dozens of unemployed workers and their supporters held a rally in Philadelphia Aug. 20 to demand extension of the federal Pandemic Unemployment Compensation, which expired July 31. The protest was called by the Philadelphia Unemployment Project and was organized by members of UNITE HERE, Philadelphia Musicians Union Local 77, International . . . |

Tricontinental: Institute for Social Research (2020-08-28). Our enemy is imperialism, not abstract art: Fidel Castro. peoplesdispatch.org Today, the threat of imperialism looms with increased might and is putting the future of life and the planet at risk. It has diverse manifestations from military aggression, to the pillaging of territories near and far by transnational companies for natural resources, the militarization of the planet and stockpiling of incomprehensibly dangerous weapons, a global economic order characterized by extreme inequality, and the subjugation of nation-states to international financial and trade institutions dominated by imperialist powers. While we are not always conscious of it, many aspects of our daily lives are shape…

Prabhat Patnaik (2020-08-28). Why the pandemic crisis marks a dead-end for capitalism. peoplesdispatch.org There is a commonly-held view that the current crisis in capitalism, which has resulted in a massive output contraction and increase in unemployment, is because of the pandemic; and that once the pandemic gets over, things will go back to "normal". | This view is entirely erroneous for two reasons. The first, which has been often discussed in this column, has to do with the fact that even before the pandemic, the world economy was slowing down. In fact, since the financial crisis of 2008 following the collapse of the housing bubble, the real economy of the world had never fully recovered. | Small recoveries were…

WSWS (2020-08-28). New US jobless claims once again exceed one million. wsws.org Despite President Trump's claims about a "super-V" shaped recovery, more than 27 million workers are collecting unemployment benefits and millions face the prospect of eviction and utility shutoffs.

Chuck Collins (2020-08-28). It Is Time for a One-Time Pandemic Wealth Tax on Billionaires' Windfall Gains. zcomm.org The 500 or so U.S. billionaires should make an extra contribution to the public health and economic needs of a country in crisis…

WSWS (2020-08-28). Fed resets monetary policy framework to meet Wall Street's demands. wsws.org The effect of the changes is to assure the financial oligarchy that the ultra-low interest rate regime, so essential to its wealth accumulation, will continue indefinitely.

Staff (2020-08-28). Trump Touts Stock Market Gains That Benefit the Wealthy as Americans Suffer. truthout.org It is always curious when the health of the economy is equated with the stock market, as President Trump did when

Mark Gruenberg (2020-08-27). On Earth One, unlike Earth RNC, jobless rate soars again. peoplesworld.org WASHINGTON—The nation's unemployment lines kept growing, despite all the RNC happy talk about the economy, in the week ending August 22, with the Labor Department reporting yet another 1,429,397 people filed for jobless benefits. They sought either state benefits, federal checks, or both. In the real world of Earth One, unlike in the alternate universe …

Neve Spicer (2020-08-27). Black Moms Need Breastfeeding Equality. progressive.org Black mothers are disproportionately impacted by breastfeeding inequality.

WSWS (2020-08-27). Low-income Canadians twice as likely to be hospitalized due to self-harm than the wealthiest. wsws.org A recent study found that 25,000 Canadians were either hospitalized or died due to self-harm last year, the equivalent of about 70 self-harm incidents per day.

WSWS (2020-08-27). Markets focus on Fed chair's Jackson Hole speech. wsws.org The key question concerning financial elites around the world is how the Fed and other central banks intend to continue the stimulus to markets.

_____ (2020-08-27). Is Movement Journalism Needed During Reckoning Over Race And Inequality? popularresistance.org Last summer I found myself at the M.W. Stringer Grand Lodge in Jackson, Mississippi. Considered "the epicenter of the civil rights movement," the well-worn building was once the training site for the Freedom Riders and home to the Student Nonviolent Coordinating Committee. It seemed a fitting place to launch Freedomways, a journalism fellowship prioritizing women of color and LGBTQ+ people rooted in the American South and committed to doing reporting that advances justice.

Kenny Stancil, staff writer (2020-08-27). Poverty and Petrochemicals Converge as Hurricane Laura's Devastation Exposes Entire Gulf Coast as 'Sacrificial Zone'. commondreams.org "The devastation wrought by Hurricane Laura is staggering. Climate denial is not a victimless crime, and it's time for the fossil fuel industry to be held accountable." | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/hurricane_laura_0.jpg

Thomas Klikauer — Nadine Campbell (2020-08-26). COVID-19 Changed Work in Germany. counterpunch.org Germany is generally known as a high-tech country producing machinery and cars. But a few decades ago, Germany passed the 50% mark, entering the service industry. The 50% mark indicated that more than half of Germany's wealth now comes from the service industry and no longer from making machines like Porsches and Volkswagens. By 2020,

Rick Baum (2020-08-26). Sanders' Inadequate Pandemic Wealth Tax Proposal. counterpunch.org Humanity is obviously in the middle of a grave crisis that "socialist" Bernie Sanders understands. In a column recently published in the Guardian with the title "The Pandemic is helping the rich get even richer. It's time to tax their obscene wealth," he characterizes the current conditions as, "an extraordinary moment in American history: a

_____ (2020-08-26). Organizing Call: After The DNC And RNC — We Can't Breathe! popularresistance.org The Democratic and Republican Conventions are not confronting the crises of our times – the economic collapse, COVID pandemic, lack of access to healthcare, inequality, racism, the cost of education, and never-ending wars and more. | No matter which corporate-funded party wins the election, the people must rule from below. | The national uprising against police violence and the hundreds of wildcat strikes and rent strikes are a few examples among many that show once again that the only way to challenge this racist, militarized system is with the explosive power of people making demands and shutting the system dow…

Staff (2020-08-26). RNC Gave Prime Time to Vigilantes. The Next Day a Gunman Shot BLM Protesters. truthout.org The opening night of this week's Republican National Convention (RNC) prominently featured a speech by Patricia and Mark McCloskey, the wealthy white couple who illegally brandished firearms at Black Lives Matter protesters in St. Louis, Missouri. | Then, just one day after the McCloskeys' RNC speech, a white gunman killed two people and injured a third at a Black Lives Matter protest in Kenosha, Wisconsin. | Police have arrested Kyle Rittenhouse, a 17-year-old Illinois resident, for first-deg…

Steve Topple (2020-08-26). Another day and another report dumbs down the root causes of education inequality. thecanary.co A