Daily Archives: September 13, 2022

2022-09-13: News Headlines

_____ (2022-09-13). The Jackson Water System Has Been Failing For Decades Due To Racism. popularresistance.org Residents of West Jackson are in the midst of a severe water crisis due to the failure of a water treatment facility and don't know when they will have clean water in their homes again. The state is failing to get water to everyone, so many local groups are organizing mutual aid efforts. The governor refuses to access federal funds to fully repair the city's water infrastructure, which has been failing for decades. Clearing the FOG speaks with Kali Akuno, a co-founder of Cooperation Jackson, about the current crisis, including how the wealthy residents were spared, how it fits into the bigger picture of systemic…

Isheka N. Harrison (2022-09-12). Billionaires Jay-Z And Jack Dorsey Airdrop $1000 Worth Of Bitcoin Each To Residents Of Marcy Projects. moguldom.com Billionaires Shawn "Jay-Z" Carter and Jack Dorsey have shared some of their wealth — their bitcoin wealth that is — with residents of Marcy Houses, the Bed-Stuy, Brooklyn-based public housing complex where Jay-Z grew up. The duo granted $1,000 in bitcoin to each adult Marcy resident who completed their Bitcoin Academy's inaugural cohort, a free …

Internationalist 360 ∞ (2022-09-12). The Widening Gap between Rich and Poor is Hastening the Transition to a Multipolar World. libya360.wordpress.com Veniamin Popov According to the charity Oxfam, which fights against poverty throughout the world, the ten wealthiest people in the world have seen their combined assets double in the last two years, from $700 billion to $1.5 trillion. In its briefing on inequality, Oxfam points out that "central banks pumped trillions of dollars into financial…

Staff (2022-09-12). The Fed Should Wait and See. cepr.net With recent data showing that both inflation and inflation expectations have eased, it would be irresponsible for the US Federal Reserve to create much higher unemployment. Amid so much uncertainty, it should instead pause interest-rate hikes until a more reliable assessment of macroeconomic conditions is possible.

Editor (2022-09-12). The Big Myth About Inequality: It Just Happened! scheerpost.com By Dean Baker / Beat the Press/CEPR The standard line in policy circles about the soaring inequality of the last four decades is that it is just an unfortunate outcome of technological change. As a result of technological developments, education is much more highly valued and physical labor has much less value. The drop in …

____ (2022-09-12). Conflicts with Asteroid Mining. transcend.org 30 Aug 2022 – Questions abound about unregulated space mining. Before humans rush off into the heavens in a quest to extract wealth, that the institutions on Earth be enabled and prepared to monitor and regulate the process.

____ (2022-09-12). King Charles III pledges 'lifelong service' as Britain's new monarch. ecns.cn Britain's King Charles III on Friday pledged "lifelong service" in his first address to the nation and the Commonwealth after assuming the throne following the death of his mother, Queen Elizabeth II, on Thursday.

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