Daily Archives: January 29, 2021

2021-01-29: News Headlines

Medea Benjamin (2021-01-29). Will Biden End America's Global War on Children? zcomm.org To prevent new U.S. wars, the Biden administration should commit to participate and comply with the rules of international law, which are supposed to be binding on all countries, even the most wealthy and powerful…

Chuck Collins (2021-01-29). U.S. Billionaire Wealth Surpasses $1.1 Trillion Gain Since Mid-March. zcomm.org Ten months into the COVID-19 crisis, 660 billionaires see their wealth rise 40 percent…

Staff (2021-01-29). Biden's $1.9 Trillion Stimulus Is a Vital Beginning for a New New Deal. truthout.org In his first three days in office, President Joe Biden signed no less than 30 executive orders and memorandums, many of which dismantle Trump's policies. This is an impressive achievement by any standard, but only so much can be done with executive orders and it is all but certain that most legislation will be blocked by Republican senators, thanks to filibuster, and with the possible help of some Democrats. In the meantime, Biden has proposed a $1.9 trillion stimulus for the coronavirus-hit economy…

Staff (2021-01-29). Trump Chief of Staff Liquidated as Much as $200,000 in Stock After Election. truthout.org Former White House chief of staff Mark Meadows liquidated as much as $200,000 in stocks a week after the election, according to financial disclosures obtained Wednesday by Salon. As a whole, the filings suggest that Meadows, who was one of the 15 wealthiest new members of Congress when he first came to Washington,

Online News Editor (2021-01-29). Japan's annual unemployment rate rises for first time in 11 years. laprensalatina.com Tokyo, Jan 29 (efe-epa).- The average annual unemployment rate in Japan rose in 2020 to 2.8 percent, the first increase in 11 years and attributed to the effects of the Covid-19 pandemic, according to data released Friday by the government. The 2020 figure was up 0.4 percent from the previous year when the average annual …

Nick Pemberton (2021-01-29). Mittens and Minimalism. counterpunch.org The internet was appalled and fascinated by fashion icon Kim Kardashian's minimalist mansion. It was so bare it became creepy. Furthermore, the emptiness only placed greater emphasis on class inequality. The minimalism, while "consuming" less, also made the space of the mansion look bigger. Kardashian's freedom was then both unhindered by space or materialism. Now

news.un (2021-01-29). EU must place social justice 'at its core' to lift people out of poverty. news.un.org The European Union's failure to lift 20 million people out of poverty by 2020, is "a defeat for social rights", an independent UN human rights expert said on Friday, urging the bloc to boldly rethink its whole socio-economic approach.

Kaleigh O'Keefe (2021-01-28). Make 10 billionaires richer or freeze global poverty? Capitalism chose the former in 2020. liberationnews.org The ten richest men in the world became $540 billion richer over the course of 2020, a year of immense suffering from the Coronavirus pandemic that has so far killed at least 2 million people globally and led to an economic crisis of historic proportions.

Phelan Acheson (2021-01-28). Freedom: The Burden of Accountability — Part 3. realprogressives.org "Great power involves great responsibility" -Franklin Delano Roosevelt | The following article is part of a larger, five—part series on accountability and reform as they pertain to freedom. Focusing primarily on American politics and history, the series draws on America's continual struggle towards that "more perfect society.""Prisons do not disappear social problems, they disappear human beings. Homelessness, unemployment, drug addiction, mental illness, and illiteracy are only a few of the problems that disappear from public view when the human beings contending with them are relegated to ca…

Chuck Collins (2021-01-28). How Concentrated Wealth Wrecked the West: Six Question for Justin Ferrell. counterpunch.org We've witnessed the disruptive impact of concentrated wealth on major cities like New York, Boston, Miami, Seattle and San Francisco. Wealthy investors from around the world are purchasing U.S. luxury real estate not necessarily to live it, but as a stable "asset class" for parking wealth. But what about rural areas? Especially areas that are

Editor (2021-01-28). Billionaires Gone Wild: Pandemic Profiteering By the Numbers. scheerpost.com By Chuck Collins / Inequality.org The collective wealth of all U.S. billionaires has increased over $1.1 trillion since mid-March 2020, a nearly 40% leap during the past 10 months of national emergency. This wealth windfall could pay for all the relief for working families contained in the $1.9 trillion coronavirus relief package proposed by President Biden, while leaving the nation's richest… |

Jeffrey D. Sachs (2021-01-28). In This Current Emergency There Is Nothing Wrong With Borrowing Funds to Help Americans in Need. commondreams.org We will have to negotiate creatively to reduce the budget deficits ahead, including raising taxes on the wealthiest Americans, who have experienced a massive windfall of wealth during the pandemic. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/biden_11.jpg

Staff (2021-01-28). Schumer to Republicans: COVID Relief Bill Is Happening, With or Without You. truthout.org Senate Majority Leader Chuck Schumer (D-New York) said Thursday that a budget resolution for a coronavirus economic stimulus bill could be brought forward as early as next week. | Speaking on the floor of the Senate,

Eugene Ludwig (2021-01-28). Unemployment Is Much Worse Than You Think. zcomm.org The problem for many Americans isn't getting a job, it's getting enough hours at decent wages. Our topline numbers obscure that reality…

Albena Azmanova, Marshall Auerback (2021-01-28). It's the Economic Precarity, Stupid. thenation.com It's the Economic Precarity, Stupid…

Roger Sollenberger (2021-01-28). Mark Meadows' money woes: He liquidated as much as $200,000 in stock after election. salon.com Meadows came to Congress as one of the wealthiest new members, and his current financial distress is mysterious…

Sheren Khalel (2021-01-27). NYC mayoral candidate Andrew Yang doubles down on anti-BDS remarks. middleeasteye.net NYC mayoral candidate Andrew Yang doubles down on anti-BDS remarks | After accusing BDS of 'unfair economic punishment', Yang asserts his opposition is based on the movement's 'refusal to condemn violence' | Wed, 01/27/2021 – 19: 18 | Andrew Yang, a NYC mayoral candidate, has drawn criticism for his stance against the Palestinian-led Boycott, Divestment and Sanctions (BDS) movement (AFP/File photo)…

Eleanor Goldfield (2021-01-27). Don't Be Fooled: The Official Unemployment Numbers Are a Lie. mintpressnews.com The "'Underemployed' would be the most accurate, but there's not really a good definition," A.K. says, responding to my question of how he would identify his employment status. "As a freelancer, we're put aside to kind of fend for ourselves, even before all this." He's a freelance c…

Jorg Goldberg, Andre Leisewitz &Jurgen Reusch (2021-01-27). Corona crisis, capital and politics. indybay.org There is no question that the economic power of the state is being deployed here in a concentrated manner to combat the crisis. However, this was also the intention of the two "stimulus packages" in the financial and economic crisis of 2008 and 2009, the volume of which was around EUR 187 billion or 3 percent of GDP.

Benjamin Fearnow (2021-01-27). Sanders, Warren Warn Senate Majority Will Be Used in 'Very Aggressive Way' if GOP Blocks Stimulus. zcomm.org Both Sanders and Warren said the timely passage of another massive stimulus bill is more important than waiting on GOP lawmakers mired in gridlock…

WSWS (2021-01-27). Spanish television series The Barrier: The once and future dictatorship. wsws.org The Barrier (La valla), a 13-episode Spanish television drama, is a valuable and convincing warning about the dangers of dictatorship and social inequality, and the terrible consequences of world war.

Jorg Goldberg (2021-01-27). The Cure is the Sickness, 2001. indybay.org "Good policy" in the sense of the Washington Consensus can be paraphrased with these ten principles. The key to development successes lies only in a correct policy mix. Development backlogs, continuing poverty and so forth are referred back everywhere to "bad policy" in the sense of disregarding the ten principles.

Dean Baker (2021-01-27). Quick Thoughts on the Minimum Wage. cepr.net President Biden's proposal to raise the minimum wage to $15 an hour by 2025 is prompting a backlash from the usual suspects. As we hear the cries about how this will be the end of the world for small businesses and lead to massive unemployment, especially for young workers, minorities, and the less-educated, there are …