Daily Archives: September 11, 2020

2020-09-11: News Headlines

Staff (2020-09-11). Headlines for September 11, 2020. democracynow.org 500,000 Evacuated Across Oregon as Record-Shattering Fires Rage in Western States, AstraZeneca CEO Warned Investors of Vaccine Recipient Who Became Ill, Trump Admin Fines Pork Processor $13,500 for Lapses at Plant Where 1,300 Contracted Coronavirus, India Records Another Record Daily Coronavirus Toll, Senate Coronavirus Relief Bill Fails as Another 857,000 File New Unemployment Claims, Amazon Accused of Price Gouging After Raising Prices Up to 1,000% During Lockdown, Philadelphia Activists Defy City Order to Vacate Encampment for Unhoused Residents, Joe Biden Says He May Further Increase Military Spending If Elec…

Stephen Lendman (2020-09-11). For Nearly Six Months, Weekly US Unemployment Claims Exceed One Million. globalresearch.ca Since March, weekly US claims for unemployment insurance (UI) were greater than ever before in the nation's history for 25 straight weeks. | What seemed unimaginable when 2020 began is cold, hard reality. | Over one million jobless US workers continue to …

Martin Hart-Landsberg (2020-09-11). Times remain hard, especially for low-wage workers. mronline.org The current economic crisis has hit workers hard. Unemployment rates remain high, with total weekly initial claims for unemployment insurance benefits continuing to grow.

Travis Schirmer (2020-09-11). We Need a People's Bailout as Inequality Worsens Amid COVID-19. zcomm.org The time for an emergency refund is now — all money acquired through price-gouging and loopholes needs to be returned. The choice is between collapse and giving people what is rightfully theirs…

Detlef Umbach (2020-09-11). Trump's time is running out! indybay.org His record as president is modest. The economy is in crisis, unemployment is at record levels, and longer-term projects such as the reduction of large foreign trade deficits and the Great Wall at the border have not progressed beyond initial stages. Trump's foreign and trade policy is so fickle and unclear that it is hard to find anything positive from it for the election campaign.

Jack Rasmus (2020-09-10). America's Current Job 'Great Depression'. zcomm.org What follows is a debunking of the 8.4% unemployment rate and a quantitative explanation why that rate is 25%—as well as a statement of the forces that will likely result in an even further deterioration in the unemployment rate in the 2020-21 period ahead…

RT (2020-09-10). 'Orwellian in the extreme': Conservatives slam media for appearing to blame GOP for Dems' decision to tank Covid-19 relief bill. rt.com Conservatives are slamming mainstream media outlets after their almost identical coverage of the Senate Democrats' decision to vote against a coronavirus relief bill appeared to blame Republicans for the "failure." | After months of negotiations, a coronavirus stimulus package, which included funding for schools and Covid-19 testing, unemployment benefits, and the Paycheck Protection Program (PPP), was voted down by every Democrat in the Senate on Thursday. The only Republican to join them was Sen. Rand Paul (R-Kentucky). | Needing 60 votes to pass, the bill earned a 52-47 outcome and it's now unlikely a coron…

Liberation Staff (2020-09-10). Jason Hamilton (1994-2020). liberationnews.org Jason Hamilton Jason L. Hamilton, age 25, an accomplished young activist, member of the Party for Socialism and Liberation, and a co-founder of the Socialist Rifle Association, died Aug. 27 from brain cancer. Born in 1994, Hamilton grew up in a time when the aftermath of "Reaganomics" and "tough-on-crime" policies were dramatically increasing inequality in …

Andrew McCormick (2020-09-10). These Big City Mayors Want Green Stimulus Spending to Counter Covid-19. commondreams.org Climate activists from Extinction Rebellion attend a protest against the expansion of Stansted Airport on 29 August 2020 in Bishop's Stortford, United Kingdom. (Photo: Mark Kerrison/In Pictures via Getty Images) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/buildbackbetter.jpg

Kenny Stancil, staff writer (2020-09-10). States Already Out of Unemployment Cash Helps Prove Much-Predicted Failure of Trump's Executive Action on Covid-19 Relief. commondreams.org "America's economy is getting hammered, but when those who need help most look to Washington they see Senate Republicans posturing with bad legislation and the White House refusing to negotiate." | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/unemployment_8.jpg

WSWS (2020-09-09). Wealth of Amazon CEO Jeff Bezos surpasses $200 billion. wsws.org According to the Bloomberg Billionaires Index, the world's 500 richest people have accumulated an additional $809 billion so far this year, increasing their total wealth by around 14 percent.

Staff (2020-09-09). Headlines for September 9, 2020. democracynow.org California Governor Has "No Patience for Climate Change Deniers" Amid Historic Fires, Report Estimates Sturgis Motorcycle Rally Led to Quarter-Million COVID-19 Cases, Peru COVID-19 Death Toll Reaches 30,000, Senate Republicans Abandon New Stimulus Checks Despite Economic Crisis, Tropical Storm Rene Forms, Continuing Record Atlantic Hurricane Season, Sudan Under State of Emergency as Nile River Flooding Sets Records, Senegal's Capital Partially Submerged Following Record-Shattering Rainfall, Trump Extends Offshore Drilling Bans in Republican-Led States, DOJ Seeks to Defend Trump from Rape Accuser's Defamation Laws…

WSWS (2020-09-09). "Pandemic be damned": Forbes 400 wealthiest Americans list reveals billionaire bonanza. wsws.org The annual list of the richest people in the US shows the enormous fortunes made during the pandemic while tens of millions have lost their jobs.

James Bruggers, Judy Fahys, Marianne Lavelle, Evelyn Nieves, Sabrina Shankman (2020-09-09). States Are Doing What Big Government Won't to Stop Climate Change. thenation.com James Bruggers, Judy Fahys, Marianne Lavelle, Evelyn Nieves, Sabrina Shankman States Are Doing What Big Government Won't to Stop Climate Change…

Prabhat Patnaik (2020-09-08). The protracted crisis of capitalism. mronline.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".

_____ (2020-09-08). The Wall Street Crash And The Great Depression. popularresistance.org With mass unemployment on the cards, many are comparing the current crisis to the Great Depression of the 1930s. In both cases, however, these crises were not 'accidental', but a product of capitalism's insoluble contradictions. | Capitalism is entering into what looks set to be its deepest crisis ever. Although COVID-19 provided the trigger, a deep slump has been in the making for many years. With the stock market in turmoil, mass unemployment, and the perspective of a global depression, parallels are being drawn to the Great Depression of the 1930s — although even that may fall short as a parallel.

WSWS (2020-09-08). Workers Struggles: The Americas. wsws.org Workers at Embraer have taken a strike vote in response to announced plans by management to axe 900 jobs in response to the COVID-19 pandemic, while 10,000 Ontario home day care workers are battling back against poverty wages.