Daily Archives: July 20, 2022

2022-07-20: News Headlines

_____ (2022-07-20). New Resource: The Tenant Power Toolkit. popularresistance.org The Tenant Power Toolkit is a collaborative effort between the The Debt Collective, The LA Tenants Union, The Anti-Eviction Mapping Project, UCLA Luskin Institute on Inequality & Democracy, ACCE Action, anti-eviction lawyers and legal service providers including Gary Blasi, one of California's best known housing justice lawyers. We designed this toolkit to keep people in their homes, fight evictions, fight rent debt, and build the collective power of tenants. Together, we have the power not only to fight back against the system, but to change it. | Within the Tenant Power Toolkit project there is a core supp…

____ (2022-07-20). Chinese version of TikTok removes over 20,000 short videos for flaunting wealth. ecns.cn Chinese short video platform Douyin, the sister app of TikTok, has removed over 20,000 videos for flaunting wealth since the beginning of 2021.

Dennis Broe (2022-07-20). 'Mr. Caruso Goes to Town': Corporate developer remade as California common man. peoplesworld.org Longfellow Deeds was his name, from the small town of Mandrake Falls, Vermont. Deeds takes his heart-of-America, generous sensibility to the big city, where he becomes the victim of all kinds of cynical manipulation from the media, the law, and wealthy hangers-on in the first part of Frank Capra's Depression-Era trilogy Mr. Deeds Goes to …

_____ (2022-07-19). New Report: Gilded Giving 2022. popularresistance.org We estimate in Gilded Giving 2022 that if foundations had a 10 percent minimum payout and DAFs had a three-year mandated payout between 2018 and 2020, at least $193 billion in additional donations would have flowed to charities. | "As wealth concentrates in fewer hands, it causes troubling distortions in the charity sector," noted Chuck Collins, director of the Charity Reform Initiative at the Institute for Policy Studies and co-author of the report. "When wealthy donors can claim big tax deductions for charitable giving to private foundations that they control in perpetuity, it allows them to opt out of paying t…

Isabella (2022-07-19). Gilded Giving 2022: How Wealth Inequality Distorts Philanthropy and Imperils Democracy. inequality.org

Karen Conner (2022-07-19). The Fed Should Not Allow Itself to Get Bullied into Bringing on a Recession. cepr.net There is a loud and growing chorus demanding that the Fed follow a path of aggressive rate hikes, which will inevitably lead to higher unemployment and likely a recession. The rationale is that inflation is far higher than the Fed's 2.0 percent target. The argument is that much higher rates of unemployment are needed to bring the inflation rate back in line with this target. | There are several points that this analysis misses. Most obviously, much of the inflation we have been seeing comes from food and energy, not the core. The sharp price increases in these areas have been partially reversed in the last couple…

Party for Socialism, Liberation (2022-07-19). PSL Editorial — Deadly heat wave sweeping Europe highlights criminal inaction on climate crisis. liberationnews.org The unfolding disaster in Europe has rightfully drawn global attention to the woefully inadequate action taken by the governments of the wealthy capitalist countries to address the climate change crisis.

____ (2022-07-18). Graduates encouraged to look at jobs at grassroots. ecns.cn According to figures by the National Bureau of Statistics released on Friday, the surveyed unemployment rate of young people aged 16 to 24 was 19.3 percent in June. By comparison, the same figure for June 2019, before the pandemic hit, was 11.9 percent.

Celina Scott-Buechler (2022-07-19). Voters Agree: Fossil Fuel Funding in Climate Research Is a Massive Conflict of Interest. commondreams.org Fossil fuel companies have been quietly leveraging their wealth to manipulate climate research.

____ (2022-07-18). US$2 Trillion for War versus US$100 Billion to Save the Planet. transcend.org 11 Jul 2022 – The West is more fixated on spending social wealth on the military than addressing the climate catastrophe.

2022-07-20 21:35 | 17:35 EST | tr | 12 | 2 | 6 | 4 | 0