2021-04-14: News Headlines

Grant Molen (2021-04-14). Public Banks: The Path to Freedom. realprogressives.org Just over a year ago, Congress passed the CARES act in response to the COVID-19 pandemic and the resulting economic crisis. Of the total $2.2 trillion dollar stimulus package authorized by the act, large corporations and small businesses pocketed

Jonathan D. Ostry* (2021-04-14). After A Strong Crisis Response, Asia Can Build A Fairer And Greener Future — Analysis. eurasiareview.com In some Asia-Pacific countries, the unpleasant memory of the pandemic is receding; elsewhere, second or third waves of infections are raging. A recovery is underway, but the regional averages obscure wide differences within and across countries. | Everywhere, the pandemic has inflicted historic income losses borne mostly by the less advantaged: low-wage and informal workers, as well as youth and women. A region known for its trademark growth-with-equity model now runs the risk of entrenching excessive inequality. If policymakers do not act, they risk stunted opportunities, fragile growth, and even social unres…

Moderator (2021-04-14). Joe Biden Is No "Radical" Progressive Hero. scheerpost.com Gage Skidmore / CC BY-SA 2.0] By Matt Taibbi / TK News On April Fool's Day, CNN ran an "analysis" of Joe Biden's presidency: Will JRB take his place alongside FDR and LBJ? CNN explained "JRB" had just unveiled a $2 trillion infrastructure plan "to boost ordinary working Americans rather than the wealthy," a program that together with his $1.9 trillion Covid rescue doubles "as a bid to lift… |

Phyllis Bennis (2021-04-13). This isn't a Border Crisis, It's a Poverty, Violence and Climate Crisis. counterpunch.org Thousands of desperate migrants, mostly from Central America, are stuck at the U.S.-Mexico border. Most are families and unaccompanied children. Despite their legal rights to apply for asylum, U.S. officials are turning away huge numbers, claiming pandemic restrictions. But thousands of children remain, held in crowded border detention facilities while awaiting transfer to Department of

Emanuel EJ. (2021-04-13). The Near-Term Future of Health Care Reform. jamanetwork.com Over the past decade, the US has made progress on the core problems of access, cost, and quality involving health care. Although it is valuable, this progress seems inadequate compared with the magnitude of the challenges. Approximately 20 million individuals in the US have received insurance coverage because of the Affordable Care Act (ACA), yet an estimated 29 million (approximately 9% of the US population) remain uninsured. In addition, over the past decade, health care costs have stabilized at approximately 18% of gross domestic product, yet per capita costs are far higher than all other high-income countries…

_____ (2021-04-13). The Myth Of Black Buying Power Is Robbing Black People Of Their Power. popularresistance.org The myth of black buying power – that black people collectively hold trillions of dollars in wealth and that they could improve their economic status if only they 'spent their money more wisely' – has been used for more than a century to take the focus off the systemic racism and uphold capitalism. Dr. Jared Ball, author of "The Myth and Propaganda of Black Buying Power," explains what is behind this myth and why it is still actively embraced today despite evidence to the contrary. He talks about what power is and what we must do to build it.

Bob Lord (2021-04-13). Feast Your Eyes on the Trillion-Dollar SUV. zcomm.org The concentration of America's wealth has hit still another terrifying new milestone…

Brett Wilkins, staff writer (2021-04-13). Over 25 Years, World's Wealthiest 5% Behind Over One-Third of Global Emissions Growth: Study. commondreams.org "We have got to cut over-consumption and the best place to start is over-consumption among the polluting elites who contribute by far more than their share of carbon emissions." | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/first_class.jpg

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