By Jake Johnson, staff writer | – ( Commondreams.org) – “In the U.S., the richest 0.1% control a bigger share of the pie than at any time since 1929.” The 500 richest people in the world, all of whom are billionaires, gained a combined $1.2 trillion in wealth in 2019, further exacerbating inequities that have […]
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Plutocracy
How the Education Department Is Ripping Off Defrauded Students
Students who got defrauded by for-profit colleges were going to get loan forgiveness — until Betsy DeVos showed up.
Who’s Afraid of Medicare for All?
Not ordinary Democrats or independents — just insurance companies, lobbyists, and old-line politicians.
From Tory Landslide to Trump non-Impeachment: Can Filthy Rich Liars sink Democracy in Britain and the U.S.?
Ann Arbor (Informed Comment) – The danger to democracy posed by our new information system plus our new levels of wealth concentration cannot be overestimated. The degree of inequality both in the US and the UK is now virtually unprecedented, as is media consolidation. That is, fewer and much wealthier people own more and more […]
Billionaires Can buy our Presidential Election at $100/ vote and Still Make Money!
( Otherwords.org ) – America’s wealthiest billionaires buy a national election at $100 a vote — and still make money. Gracie Mansion, the official residence of New York’s mayors since 1942, hosted billionaire Michael Bloomberg for three terms. The first of these terms began after Bloomberg, then the Republican candidate for mayor, spent an incredible […]
Is it Time for a Billionaire Ban?
By Negin Owliaei | – The wealthiest Americans dominate our airwaves. Let’s hear from someone else for a change. Bill Gates wants you to know he pays taxes. “I’ve paid more than $10 billion in taxes. I’ve paid more than anyone in taxes,” Gates told journalist Andrew Ross Sorkin. “But when you say I should […]
Climate Crisis will Beggar Us: Big Oil needs to Pay for the Damage it Caused
By Tamara Toles O’Laughlin and Bill McKibben | – (Yes! Magazine) – Climate change disproportionately affects poor people and people of color. They should be compensated for their suffering. This month in a Manhattan courthouse, New York State’s attorney general Letitia James argued that ExxonMobil should be held accountable for layers of lies about climate […]
How Big Oil Committed the Greatest Scam in History and Smeared Climate Science
By Naomi Oreskes | – (Tomdispatch.com) – It’s a tale for all time. What might be the greatest scam in history or, at least, the one that threatens to take history down with it. Think of it as the climate-change scam that beat science, big time. Scientists have been seriously investigating the subject of human-made […]
Fueling Global Heating: Our Tax System Rewards the Biggest Carbon Criminals
By Charlie Simmons | – ( Otherwords.org) – Last year, the biggest fossil fuel companies paid zero dollars in taxes — and actually received billions in rebates. By Charlie Simmons | October 16, 2019 Greta Thunberg, the 16-year-old Swedish climate activist who sparked student protests across the globe, had this to tell the UN General […]