Plutocracy

By Adam Shah | – ( Inequality.org ) – Members of the One Percent, such as former restaurateur Andrew Puzder, have urged Congress to not renew the $600 a week unemployment supplement Congress enacted as part of the CARES Act. They argue, in Puzder’s words, that “this $600 per week bonus is discouraging work” for […]

Donald Trump

How Trump broke America: Economy plummets historic 33%, Covid Deaths at 1500/ day, and 40 mn could lose Homes

Juan Cole

Ann Arbor (Informed Comment) – Trump’s refusal last winter to pull out all the stops to mount an effective national coronavirus response has broken the legs of America. On Wednesday, over 1500 coronavirus deaths were reported nationwide, a tally not seen since May. Over 150,000 Americans have died of the disease, and the prospect is […]

Epidemics

The Virus That’s Really Killing Americans? Greed and Corporate Profiteering

Jim Hightower

( Otherwords.org ) – Health care giants are taking COVID-19 relief money while cutting jobs and paying CEOs millions. By Jim Hightower | July 29, 2020 The holy mantra of health professionals was coined about 2,500 years ago by the Greek physician Hippocrates: “Do no harm.” Of course, that was before corporate healthcare took charge […]

Inequality

A Jubilee Moment? Time to Stop Bankrolling War and the Wealthy

Liz Theoharis

( Tomdispatch.com) – The word jubilee comes from the Hebrew “yovel,” meaning a “trumpet blast of liberty.” It was said that, on the day of liberation, the sound of a ram’s horn would ring through the land. These days, I hear the sound of that horn while walking with my kids through the streets of […]

Epidemics

Taxpayers are Funding Coronavirus Vaccines, but Big Pharma will Profit

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – The business press is full of stories about the race for a Covid—19 vaccine. The corporations that succeed in cracking the biological mystery stand to make billions, and the success of the vaccine will likely “open up” the economy. What receives less attention, however, is the question […]

Pentagon

Amid the Covid-19 Recession, you can’t Afford the Bloated Pentagon Budget but Corporations Can

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Imagine that as a member of Congress you are a strong advocate of urban public transit facilities. You have succeeded in prying from Congress funding for construction and maintenance of systems throughout midsized cities once almost exclusively dependent on the private auto for their transportation needs. You […]

Climate Crisis

Baghdad Bob on the Potomac: Trump’s Hoaxes, from “Disappearing” Covid-19 to Climate to Russiagate

Juan Cole

Ann Arbor (Informed Comment) – Authoritarian regimes breed lies like rotting meat breeds maggots, and as Trump marches the United States into an imperial presidency beyond accountability, his rate of lying has become astronomical. If I just read ten a day, it would take me five and a half years just to read all 20,000 […]

Employment

Amid Pandemic and BLM Protests, Why Minimum Wage Must be Defended and Expanded

John Buell

You can’t fault them for lack of effort. Having lost a series of political, legislative, and legal battles to defeat minimum wage increases in cities and states all across the nation, business lobbies are turning to an innovative strategy.. Covid-19 leaves businesses so burdened as to be unable to meet the costs entailed by a […]

Banking

Also, Defund the CEOs

Sam Pizzigati

(Inequality.org) – America’s dirtiest three-letter word may now be “CEO,” and our ongoing economic meltdown is only making that tag even dirtier. Chef executives the nation over have spent this past spring scheming to keep their pockets stuffed while their workers suffer wage cuts, layoffs, and even death by Covid-19. Not all CEOs, of course. […]