(2022-12-05). The Fed's Response To Inflation Is Another Upward Transfer Of Wealth. popularresistance.org The Federal Reserve has responded to runaway inflation by hiking up interest rates at the same time that Americans are drowning in historic levels of personal debt. With interest rates up, prices will only rise faster than wages, hitting the vast majority of people with stagnant or declining wages in real terms. The result is yet another upward transfer of wealth to the minority of capitalists responsible for the crisis in the first place. Economist Richard Wolff joins The Chris Hedges Report to discuss the origins of the inflation crisis, the Fed's response, and what this all means for working people. | Richard…
(2022-12-04). Protesters Across UK Demand Government Address Fuel Poverty Crisis This Winter. truthout.org People in dozens of cities across the United Kingdom hit the streets on Saturday to demand immediate government action to prevent thousands of struggling workers from freezing to death in their homes this winter. Demonstrators drew attention to the worsening crisis of fuel poverty and called on lawmakers to pick up more of the tab for skyrocketing bills, fund home insulation… |
(2022-12-04). The Chris Hedges Report: The Fed's Response to Inflation Is Another Upward Transfer of Wealth (With Richard Wolff ). scheerpost.com Capitalist profiteering is the real driver of the inflation crisis, and raising interest rates only passes the costs onto workers already overwhelmed by personal debt and stagnant wages.
(2022-12-04). US Youth Observe Cuba's Elections—and Learn About 'Real Democracy'. scheerpost.com 
A delegation of youth from the United States observed Cuba's November 2022 municipal elections and offer an inside look into a true people's democracy, where workers decide who will govern them, not wealthy oligarchs and corporations.
(2022-12-03). Pentagon to Spend $200 Billion on New Nuclear Bomber as Millions Live in Poverty. truthout.org Peace and economic justice advocates responded to the imminent unveiling Friday of the United States Air Force's new $750 million-per-plane nuclear bomber by reiterating accusations of misplaced priorities in a nation where tens of millions of people live in poverty and lack adequate healthcare coverage. Military-industrial complex giant Northrop Grumman is set to introduce its B-21 Raider on… |
(2022-12-03). With No Child Tax Credit, Families Are Slipping Back Into Poverty Amid Inflation. truthout.org Originally published by The 19th A year ago, the expanded child tax credit ended. Between 2020 and 2021, the credit — which gave monthly payments of up to $300 per child — helped reduce child poverty by more than 40 percent. More than 36 million families received the credit in 2021, and the money helped push the child poverty rate below that of adults for the first time. But since the program… |
(2022-12-03). Protesting Fuel Poverty, People Tell UK Government to 'Keep Everyone Warm This Winter'. commondreams.org As energy bills—and fossil fuel profits—continue to soar, demonstrators around Britain demanded immediate action from Prime Minister Rishi Sunak and members of Parliament.
(2022-12-03). Evangelical Lobbying Threatens Supreme Court's Independence. popularresistance.org Recent exposés have uncovered an emerging pattern of improper lobbying of right-wing Supreme Court justices by wealthy evangelicals. They reveal serious threats to the independence of the judiciary. But equally alarming is that the Supreme Court is unconstrained by a code of judicial ethics. | From 1995 to 2018, the right-wing evangelical nonprofit Faith and Action executed "Operation Higher Court." It was an organized and systematic campaign "to wine, dine and entertain conservative Supreme Court justices while pushing conservative positions" on social issues pending before the court, *Politico* reports. | Faith…