Archiv: richdom / haves / have-mores („wealth“) / upper class


04.09.2020 - 15:32 [ Kyung Lah, Rob Kuznia / CNN ]

Laid off and now evicted amid Covid-19, a Houston father contemplates homelessness in a pandemic

Late Tuesday, the Centers for Disease Control and Prevention issued a temporary halt in residential evictions until the end of the year, starting Friday. When it goes into effect, it will delay mass evictions but not solve the rental crisis, said Emily Benfer, a housing expert and co-creator of a Covid-19 housing policy scorecard with Princeton University’s Eviction Lab.
„The CDC order provides crucial temporary relief for renters, but it doesn’t end the eviction crisis,“ says Benfer. „Congress must bolster it with significant rental assistance for its purpose to be realized,“ she said.

04.09.2020 - 15:20 [ New York Times ]

America at Hunger’s Edge

Beginning in May, Brenda Ann Kenneally set out across the country, from New York to California, to capture the routines of Americans who struggle to feed their families, piecing together various forms of food assistance, community support and ingenuity to make it from one month to the next.

25.08.2020 - 05:38 [ Robert Reich, Berkeley prof, frmr Sec of Labor / Twitter ]

In the middle of a pandemic and the worst economic crisis since the Great Depression, America’s billionaires have made a fortune:

18.08.2020 - 16:43 [ @jvgraz / Twitter ]

We believe you Michelle. Remember when we thought it couldn’t get worse after Bush and your husband proved us all wrong?

17.08.2020 - 12:15 [ Aaron Maté / Twitter ]

Across 15 battlegrounds, “Biden has the backing of 49% of registered voters, while Trump lands at 48%.”

I want Trump to lose. I think that if Democratic leaders hadn’t spent 4 years screaming about 2016 & Russia, they’d be in a better position for 2020.

16.08.2020 - 18:30 [ Jordan / Twitter ]

Wow….the Democratic Party is basically telling progressives to go elsewhere at this point. Bad strategy toward 40-45% of the party

16.08.2020 - 17:34 [ Fox News ]

Progressives blast DNC for giving AOC just 60 seconds at convention but more time to Kasich, Bloomberg

Progressives blasted the Democratic National Committee for allotting only 60 seconds at next week’s convention to „Squad“ member Rep. Alexandria Ocasio-Cortez, D-N.Y., while giving larger platforms to former Republican Gov. John Kasich and former New York City Mayor Michael Bloomberg.

16.08.2020 - 17:30 [ Forbes ]

17 Rising Democratic Stars Win Fight To Deliver Keynote Address At Convention

Speakers include former Georgia gubernatorial nominee and Biden VP prospect Stacey Abrams, as well as Reps. Colin Allred of Texas and Conor Lamb and Brendan Boyle of Pennsylvania.

Nine current and former state legislators and two mayors are also among the speakers, in addition to Florida State Agriculture Commissioner Nikki Fried and Navajo Nation President Jonathan Nez.

09.08.2020 - 17:52 [ WBUR.org ]

What Big Wins For Progressives Say About The Future Of The Democratic Party

(06.08.2020)

While the Biden wing of the Democratic party bets on centrism, progressives keep scoring wins. We take a look at a party marching in two directions toward November.

09.08.2020 - 17:39 [ Washington Post ]

The Daily 202: Clay’s defeat reflects leftward lurch and generational change inside Democratic Party

(05.08.2020)

Joe Biden, first elected to the Senate in 1972, is in many ways a throwback to a bygone era. He has described himself as a transitional figure who can help build the next generation of Democrats. Biden may be the party’s presumptive presidential nominee, but Clay’s defeat underscores the deeper sea change underway in the party’s activist ranks and foreshadows some of the potential governing challenges facing the former vice president should he win in November.

30.07.2020 - 03:04 [ Telegraph.co.uk ]

Western liberals‘ Covid myopia is condemning the world’s poorest

Lockdown has polarised British society; widening the gulf between the haves and have-nots, in a culture war yielding familiar tropes and characters. “Just stay at home, it’s not hard,” says the lawyer to the electrician. “Don’t sunbathe in the park!” cries Pandora from her Notting Hill townhouse. There is some truth in the caricature. But few have noted how the Pandora effect is also playing out on a monstrous global scale, inflicting unimaginable suffering.

05.07.2020 - 10:29 [ CBS News / Youtube ]

Obama advises Kanye West on 2020 White House run

(Oct 10, 2015)

The president spoke at a Democratic National Committee fundraiser in San Francisco, where the hip hop artist will later perform. Mr. Obama has a few political nuggets to pass on for West’s 2020 bid for the presidency.

30.06.2020 - 12:55 [ Haaretz ]

Attorney General Opposes Letting U.S. Tycoon Fund Netanyahu’s Legal Defense

The prime minister seeks to receive outside funding from his cousin Nathan Milikowsky as well as from Partrich. After convening last month, the panel asked the attorney general for his position, as Partrich is listed as a witness in one of the cases against Netanyahu.

29.06.2020 - 15:48 [ Haaretz ]

Like Trump, Netanyahu Suddenly Seems Out of Touch and Off the Rails

Others see a cynical political gambit at play, as with the return of the coronavirus: Netanyahu is either aiming for a crisis that will allow him to call for an early election while blaming Gantz and other rivals on the left for the failure of his annexation move – or is actually banking on a crisis, foreign, domestic or both, that will allow him to seize emergency powers, delay his trial, seize control of the legal system and so on and so forth.

18.06.2020 - 18:33 [ Boston Consulting Group ]

Global Wealth 2020—20th Edition: The Future of Wealth Management—A CEO Agenda

Personal financial wealth has soared over the past two
decades—nearly tripling on a global basis from $80.5
trillion at the end of 1999 to $226.4 trillion at the end of 2019.1 (See Exhibit 1.) That trajectory is even more impressive in light of the many economic disruptions that have occurred during this period.

01.06.2020 - 19:46 [ Gareth Porter, investigative historian and journalist on the national security state / Twitter ]

The Democratic Party elite — especially those in the „national security“ elite — must be called to account for continuing their long-running endeavor of distracting Americans from the realities of this country by repeating this pathetically lame #Russia conspiracy claim.

06.05.2020 - 14:11 [ Saagar Enjeti, Host of Rising w/ Krystal and Saagar / Twitter ]

After 9/11 we saw how small cadre of well connected neocon ideologues took us into war in Iraq Right now a small group of well connected TrueCon ideologues are orchestrating a similar campaign not to spend more government resources during worst economic crisis since depression

16.04.2020 - 06:07 [ teleSUR ]

Billionaire Jeff Bezos Makes US$24 Billion More Amid Pandemic

The index updates followed a report published Saturday by Forbes about how „market gains led to a combined US$51.3 billion boost for 10 of the world’s billionaires since the market closed a week ago, on April 2.“ Bezos gained US$6.8 billion in that time.

14.04.2020 - 14:57 [ Counterpunch.org ]

BlackRock Takes Command

BlackRock’s CEO Larry Fink may now be the most powerful man in the world, overseeing not just the Fed’s new (potentially $4.5 trillion) corporate slush-fund, but also managing $27 trillion of the global economy (even before the March appointment). As the world’s largest asset manager, BlackRock already was managing $7 trillion for its global corporate investor-clients, along with another $20 trillion for clients through its financial risk-monitoring software (called Aladdin).

12.04.2020 - 12:19 [ Politico.com ]

2020 elections: Barack Obama wins the Democratic primary

In the end, the most influential politician of 2020 might be the one who has been the most silent.

With Bernie Sanders exiting the race and Joe Biden taking on the mantle of presumptive nominee, the man who hovered quietly over the race for more than a year, Barack Obama, will soon return to the political fray.

03.04.2020 - 04:45 [ Colin Todhunter / Global Research ]

Locked Down and Locking in the New Global Order

Professor Michel Chossudovsky has looked at who could ultimately benefit from current events and concludes that certain pharmaceutical companies could be (are already) major beneficiaries as they receive lavish funding to develop vaccines. He asks whether we can trust the main actors behind what could amount to a multibillion dollar global (compulsory) vaccination (surveillance) project.

28.03.2020 - 21:55 [ Prof Michel Chossudovsky / Global Research ]

What Happens In the Wake of the COVID-19 Lockdown? Economic Destruction, Global Poverty, Bankruptcies, Mass Unemployment. Neoliberalism to the Rescue

What prevails is an atmosphere of fear and uncertainty which enables powerful financial interests to manipulate the stock market and consolidate their financial positions. This crisis has led to an unprecedented concentration of money wealth.

27.03.2020 - 18:21 [ Washington Post / Youtube ]

WATCH LIVE: House debates $2 trillion coronavirus emergency relief bill

House Speaker Nancy Pelosi (D-Calif.) and Minority Leader Kevin McCarthy (R-Calif.) agreed to approve the measure with a voice vote Friday that would not require all 430 current members of the House to travel to the Capitol, given that two lawmakers have contracted the disease and others are self-quarantining due to exposure to confirmed carriers.The leadership also is taking meticulous steps to change the protocol for debate and voting to ensure the safety of lawmakers.

One lawmaker, Rep. Thomas Massie (R-Ky.) is threatening to stymie swift passage of the stimulus bill, potentially delaying a vote until the weekend.

27.03.2020 - 18:18 [ Sunrise Movement / Twitter ]

House Dems have their hands tied, they can either: 1)Vote yes for a corporate bailout that does little to help working people or 2) Vote no on the stimulus bill that’s the only plan on the table before Congress goes on recess for a month As @AOC said, these options are shameful

27.03.2020 - 18:05 [ courier-journal.com ]

Trump calls for ousting GOP congressman from party ahead of coronavirus relief vote

„Looks like a third rate grandstander named (Thomas Massie), a congressman from, unfortunately, a truly GREAT state, Kentucky, wants to vote against the new Save Our Workers Bill in Congress,“ Trump tweeted early Friday.

Massie’s office did not immediately respond to a request for comment, but the congressman signaled he was moving forward despite bipartisan calls to forgo calling for a roll call vote.

27.03.2020 - 17:55 [ Thomas Massie, Abgeordneter im US Repräsentantenhaus / Twitter ]

(8/11) This bill creates even more secrecy around a Federal Reserve that still refuses to be audited. It allows the Federal Reserve to make decisions about who gets what, how much money we’ll print. With no transparency.

27.03.2020 - 17:12 [ The Hill / Twitter ]

Rep. @AOC : „What did the Senate majority fight for? One of the largest corporate bailouts with as few strings as possible in American history. Shameful!“

27.03.2020 - 11:54 [ Justin Amash, Abgeordneter im US Repräsentantenhaus / Twitter ]

Just ten years after the Tea Party movement, Republicans in Congress are defending a $500 billion corporate welfare fund for a select group of large companies.

27.03.2020 - 11:32 [ Patriotic Millionaires ]

A COVID-19 Economy: I’m Not Worried About the 1%. I’m Terrified for the Bottom 50%.

(16.03.2020)

I am worried about all of the people who are usually standing behind the counter asking me what vegetables I want with my tofu, and putting carrots or broccoli or whatever into my bowl. I am worried about the people who clean this restaurant, who prepare the food in the back, who deliver the food to staff here every day.

I am worried about the millions of Americans in millions of restaurants and bars and retail shops like this one living paycheck-to-paycheck, facing the potential of cut hours, full closures, no sick leave, no benefits, and no outside income to cushion them through this disaster whatsoever. That is the reality of over half our country.

If these people – millions and millions of us – are not working, are they going to be paying their cell phone bills? Their credit card bills? Are they going to be bringing their kids to music class? Are they going to be able to pay for even the most basic necessities like groceries or rent?

27.03.2020 - 08:19 [ p2a.co ]

Congress must remove the Mnuchin corporate slush fund and put the American people first.

On March 25th, The Senate voted to pass the 3rd coronavirus relief package based on the proposal from Mitch McConnell and Senate Republicans that features, among other provisions, a nearly $500 billion slush fund that would be controlled by Treasury Secretary Steve Mnuchin. Mnuchin, who is best known for making millions off running a notorious foreclosure mill, would be able to direct corporate bailouts with limited, after-the-fact oversight. This is absolutely unacceptable.

27.03.2020 - 08:11 [ CommonDreams.org ]

‚Looting of America by Big Corporations‘: Progressives Appalled as Senate Unanimously Passes Largest Bailout Bill in US History

By a vote of 96-0, the United States Senate Wednesday night passed an enormous coronavirus stimulus package that would provide some desperately needed economic relief to struggling workers and the unemployed while establishing a $4.5 trillion fund to bail out large corporations—with little to no enforceable restrictions.

Progressives didn’t mince words in response to the unanimous vote, which sends the largest bailout legislation in U.S. history to the Democrat-controlled House of Representatives, where it could pass as early as Friday before heading to President Donald Trump’s desk for his signature.

27.03.2020 - 07:07 [ Huffington Post ]

Democrats Are Handing Donald Trump The Keys To The Country – The Senate coronavirus bill is shocking.

Democrats control the House. They can pass any bill they like and dare Senate Republicans and the president to oppose a serious bill for a serious problem.

Or they can rubber-stamp the Senate bill and help Donald Trump foreclose on the next generation of American democracy.

11.03.2020 - 07:46 [ wiktionary.org ]

every man is the architect of his own fortune

Each person is the chief cause of their success or failure in life.

10.03.2020 - 09:17 [ Forbes ]

The Fed’s $16 Trillion Bailouts Under-Reported

(20.09.2011)

It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.

Sen. Bernie Sanders (I-VT) amended the Wall Street Reform law to audit the Fed, pushing the GAO to step in and take a look around.

10.03.2020 - 09:10 [ CNN Money ]

CNNMoney.com’s bailout tracker

Troubled ASSET RELIEF PROGRAM
Financial rescue plan aimed at restoring liquidity to the financial markets

(…)

Committed : $11 trillion (total)
Invested: $3 trillion (total)

07.03.2020 - 22:10 [ Matt Stoller / Twitter ]

The entire 2020 primary is about whether Democrats can come to grips with what a shitty President Obama was. The answer appears to be no they cannot.

28.02.2020 - 06:19 [ theHill.com ]

Poll: Two-thirds of voters say billionaires should pay a wealth tax

The survey found majority support for such a tax among Democrats and independents, at 85 percent and 66 percent, respectively. Republicans were more divided, with 53 percent saying the ultra-rich should not be subjected to an additional tax and 47 percent in favor.

25.02.2020 - 21:06 [ Walker Bragman / Twitter ]

Michael Bloomberg in 2010 on government: He begins with, „I’m not suggesting we shouldn’t have democracy, BUT…,“ lamenting the lack of qualifications required to seek public office. Then he says progress depends on executives having „far and away“ more power than legislatures.

23.02.2020 - 15:32 [ Alexandria Ocasio-Cortez, Abgeordnete im US Repräsentantenhaus / Twitter ]

For those upset about critique of establishment politics: There are D reps in SAFE blue seats who side w/ the NRA, are anti-LGBT+, and yet are protected because they advance the interests of big donors, Wall St, fossil fuels, etc. It’s not “wrong” to take that on and do better.

This isn’t about swing seats or pushing communities “too far left.”

It’s about accountability. Working families deserve so much better. And if we aren’t willing to admit where we can do better, then what is the point?

Our job is to serve the people, not the powerful.

19.02.2020 - 17:45 [ RealClearPolitics.com ]

Sanders: Bloomberg Doesn’t Have The Right To Buy This Election, „Obscene“ That He Skipped Early States

SANDERS: You know, we pride ourselves on being the longest-standing democracy in the world. And we’re proud of that. To me, what that means, one person, one vote. If you want to run for president, you run for president. You’ve got good ideas, maybe you win, maybe you don’t win.

But I do think it’s a bit obscene that we have somebody who, by the way, chose not to contest in Iowa, in Nevada, in South Carolina, in New Hampshire where all of the candidates, we did town meetings, we were talking to thousands and thousands of people, working hard. He said, I don’t have to do that. I’m worth $60 billion. I have more wealth than the bottom 125 million Americans. I’ll buy the presidency. That offends me very much.

And tomorrow night…

(APPLAUSE)

19.02.2020 - 17:34 [ Caitlin Johnstone ]

Bloomberg’s Rising Polls Show The Power Of Billionaire Narrative Control

Back in November Mike Bloomberg was polling at four percent nationally and had the highest disapproval rating of any potential Democratic presidential candidate, and understandably so; the man has a uniquely horrible record and no redeeming traits to speak of.

Now, after spending $400 million in broadcast, radio and cable ads, $42 million on Facebook ads, $36 million on Google ads, and an unknown fortune on other shady manipulations, a national Quinnipiac poll released last week put him at 15 percent nationally in the Democratic primary. This week national polls released by NPR/PBS NewsHour/Marist and Zogby put him at 19 and 20 percent, respectively.

16.02.2020 - 13:32 [ Newsweek ]

Jane Sanders Says Bernie Campaign Will Remove ‚Powers-That-Be‘ From Government: ‚We Already Have Corporate Socialism‘

Sanders, the wife of Vermont Senator Bernie Sanders, told Fox News Saturday the „powers-that-be“ in America are placing a shallow focus on her husband’s „Democratic socialist“ label instead of what they’re really attacking — his campaign policies. Jane Sanders said „corporate socialism“ has benefited billionaires like President Donald Trump and Michael Bloomberg, while hard-working U.S. taxpayers end up paying for their business subsidies and bailouts.

03.02.2020 - 16:00 [ David Silverstone / Twitter ]

Let’s take the Democratic Party back from the 1%!

03.02.2020 - 15:51 [ ABC News ]

Bernie’s big gamble: Sanders hopes new voters surprise at Iowa caucuses: ANALYSIS

His philosophy is that boosting turnout in a significant and meaningful way comes not only by exciting existing Democrats, but organizing and rallying nonvoters into Democrats.

His mission and ability to do that has been central to his argument about why he is the best candidate for Democrats in a general election.

31.01.2020 - 18:04 [ Bloomberg.com ]

German Banks Are Hoarding So Many Euros They Need More Vaults

The physical cash holdings of German banks rose to a record 43.4 billion euros ($48 billion) in December, according to Bundesbank data published on Friday. That’s almost triple the amount at the end of May 2014, the month before the European Central Bank started charging for deposits and raising the pressure on Germany’s already beleaguered banks.

29.01.2020 - 11:45 [ Politico.com ]

Trumpworld torn over running against Bernie

Yet some of the president’s big-money backers say they aren’t interested in bankrolling an effort aimed at propping up Sanders. They worry his potential strength in a general election is being badly underestimated, much as Democrats wrongly discounted Trump four years ago.

27.01.2020 - 12:42 [ Bernie Sanders, candidate for President / Twitter ]

Here’s the truth: the billionaire class is fine with corporate socialism when it means they get billions in tax breaks and bailouts.

26.01.2020 - 05:42 [ Bloomberg ]

German Defense Chief Warns Islamic State Could Resume ‘Terror’

Annegret Kramp-Karrenbauer, speaking in an interview at the World Economic Forum on Thursday, said that Germany aims to keep its forces in Iraq, but can only do so at the behest of the government in Baghdad.

“We need to keep in mind that in Iraq, IS is not yet defeated,“ Kramp-Karrenbauer told Bloomberg Television in Davos, Switzerland. “If the pressure is reduced, then the danger is great that it resumes its regime of terror.”

20.01.2020 - 06:45 [ Bernie Sanders, candidate for President / Twitter ]

It’s time to end austerity for working families and put a little austerity on the billionaire class.

20.01.2020 - 06:08 [ CBS News ]

World’s billionaires have more wealth than 4.6 billion people

The richest 22 men in the world — including Jeff Bezos and Bill Gates — own more wealth than all the women in Africa, Oxfam found.

20.01.2020 - 06:01 [ Wall Street Journal ]

Capitalism Draws Fire, Despite Strong Global Economy

Worries about income inequality, jobs disappearing due to automation and environmental sustainability are all feeding wide-scale distrust in capitalism as the world knows it, according to a new study released Sunday.

Edelman, a public-relations firm, conducted its 20th annual analysis of public trust in major institutions, surveying 34,000 people in 27 countries and Hong Kong. The data reveal both skepticism about those institutions—including government, business, the media and nongovernmental organizations …

11.01.2020 - 17:17 [ CGT Télécoms Paris / Twitter ]

#Retraites #Retrait #greve11janvier On est 150 000 aujourd’hui dans Paris

11.01.2020 - 16:37 [ thelocal.fr ]

Why do rich people in France live much longer than the country’s poorest?

(08.02.2018)

28.12.2019 - 17:05 [ The Young Turks / Youtube ]

DNC’s Billionaire Bonanza

The ultra-wealthy are pouring money into the 2020 Democratic Primary. Cenk Uygur, John Iadarola, and John Fugelsang, hosts of The Young Turks, break it down.

28.12.2019 - 13:11 [ Vijay Prashad / Consortium News ]

‘We Are the Ones Who Will Awaken the Dawn’

Democracy has been shackled by capitalist power. If sovereignty were merely about numbers, then the workers and the peasants, the urban poor and the youth would be represented by people who put their interests first and would be able to command more of the fruit of their labour. Democracy promises that people would be able to control their destiny. Capitalism, on the other hand, is structured to allow the capitalists – the property owners – to have power over the economy and society. From the standpoint of capitalism, democracy’s full implications cannot be allowed. If democracy gets its way, then the means of producing wealth would be democratized; this would be an outrage against property, which is why democracy is narrowed.

28.12.2019 - 12:59 [ Bernie Sanders, candidate for President / Twitter ]

1 in 6 of our children lives in poverty. 500,000+ Americans are homeless. 87 million are uninsured or underinsured. Half live paycheck to paycheck. But the billionaire class is doing better every day. This is a rigged economy and we are going to change it.

28.12.2019 - 12:40 [ QuickTake by Bloomberg / Twitter ]

The world’s 3 richest people in 2019 have added a total of $231 billion to their fortune over the past decade, according to @wealth.

Here’s how they got here

26.12.2019 - 13:33 [ Communist Party of Israel ]

US, UK & Aussie Capitalists Donate to Netanyahu and Sa’ar Campaigns

Far-right Prime Minister Benjamin Netanyahu and his challenger in today’s (December 26) internal Likud election for the party leadership, MK Gideon Sa’ar, each received hundreds of thousands of shekels in campaign contributions from American, British millionaires, the State Comptroller’s Office website revealed on Sunday, December 22.

The Knesset passed a law last year preventing Knesset candidates from raising money from private donations and instead providing public funds for primaries. However, the law does not apply to races for the leadership of a party.

24.12.2019 - 12:36 [ Matthew Goodwin ‏/ Twitter ]

Centre-left at latest election

UK Labour
Lowest seats since 1935

Austria
Lowest since 1945

Germany
2nd lowest since 1949

France
Lowest ever

Italy
Lowest ever

Netherlands
Lowest ever

Sweden
Lowest since 1908

Finland
2nd lowest since 1962

Maybe it’s not just about Brexit?

22.12.2019 - 17:44 [ WSWS.org ]

The true legacy of US central banker Paul Volcker (1927–2019)

The specific mission undertaken by Volcker was to jack up interest rates and plunge the country into recession, creating mass unemployment as a means of breaking the social resistance of the working class.

A full accounting would reveal that his policies, imposed on behalf of the American ruling class, resulted in untold social misery and the premature death of millions of people, not only in the US but around the world, as he charted the path for ruling classes to follow everywhere.

18.12.2019 - 19:07 [ Bloomberg ]

U.K. Business Faces End of Honeymoon as Johnson Boycotts Davos

Traders who thought Johnson would use his considerable parliamentary majority to cut ties with the Brexit hard-liners in his party and deliver a soft divorce were “caught by surprise,” said Kit Juckes, chief foreign-exchange strategist at Societe Generale SA.

It was the currency’s biggest slump in a year.

17.12.2019 - 16:35 [ Los Angeles Times ]

Column: Another year, another thousand deaths. L.A. homeless crisis hits a crossroads

And now homeless encampments are as abundant in L.A. as $10-million homes.

The only good thing I can see about skid rows popping up in every part of town, as they have in recent years, is that maybe the graphic, everyday evidence of our epic disaster will help drive a greater sense of urgency. After all, the public clamor for solutions is at a pitch, with a recent poll putting homelessness as a top concern for 95% of registered voters.

10.12.2019 - 22:27 [ NPR ‏/ Twitter ]

A new U.N. report argues many of the street protests popping up around the globe are driven by a growing sense that societies are rigged to favor the powerful — and trap the masses in low-wage, dead-end lives.

08.12.2019 - 15:52 [ theSun.co.uk ]

Shocking photo shows paedo Jeffrey Epstein, Harvey Weinstein & ‘pimp’ Ghislaine Maxwell at Beatrice’s 18th birthday bash

DEPRAVED Jeffrey Epstein, his alleged pimp Ghislaine Maxwell and disgraced film mogul Harvey Weinstein grin at Princess Beatrice’s Windsor Castle party.

08.12.2019 - 13:18 [ apnews.com ]

Case against Netanyahu includes billionaire witnesses

(02.12.2019)

Mandelblit’s indictment listed 333 potential witnesses, including Milchan and Packer, as well as U.S. casino billionaire Sheldon Adelson, a longtime supporter of Netanyahu, and Oracle Corp. co-founder and chairman Larry Ellison. Cosmetics heir Ron Lauder, another longtime Netanyahu associate, and British-American billionaire Len Blavatnik, also appear on the list.

06.12.2019 - 14:18 [ Bernie Sanders, candidate for President / Twitter ]

5 million donations to our campaign. That would send an unmistakable message to the billionaire class that we’re going to win. We’re getting closer, but we’re not there yet. Chip in here to help us get there:

05.12.2019 - 16:13 [ Bernie Sanders, candidate for President / Twitter ]

I’m proud we don’t have any billionaires supporting our campaign. The time for the 0.1% calling the shots in our economic and political life is over. We will tax their wealth to raise $4.35 trillion over 10 years, break up their power and give it back to the working class.

04.12.2019 - 06:57 [ Haaretz ]

5 U.S. Billionaires Who Are Potential Witnesses at Netanyahu’s Corruption Trial

The full indictment against Netanyahu, which was made public by Israeli Attorney General Avichai Mendelblit on Monday, includes the names of every person who was either questioned by the police as part of the criminal investigation or testified about it to investigators, plus others who could be relevant to the court cases. The list of 333 names also includes dozens of police officers who were part of the probe.

30.11.2019 - 20:02 [ Ilhan Omar, Abgeordnete im US Repräsentantenhaus / Twitter ]

Walmart made $9.86 billion last year. Surely, they can afford to pay employees working over the long Thanksgiving weekend extra. America doesn’t suffer from scarcity — we suffer from greed.

23.11.2019 - 11:04 [ Shane Goldmacher, New York Times national political reporter / Twitter ]

NEW: Bloomberg has reserved more than $30 million TV ads beginning on Monday. A huge show of financial force. Story:

23.11.2019 - 10:59 [ Bernie Sanders, candidate for President / Twitter ]

I’m disgusted by the idea that Michael Bloomberg or any billionaire thinks they can circumvent the political process and spend tens of millions of dollars to buy elections. If you can’t build grassroots support for your candidacy, you have no business running for president.

18.11.2019 - 12:43 [ ITV.com ]

CBI hears from party leaders as Tories, Labour and Lib Dems try to win business votes

In a bid to secure support from industry ahead of polling day on December 12, the leaders of the Conservatives, Labour and the Liberal Democrats will each make a speech on stage at the CBI (Confederation of British Industry) Annual Conference at the InterContinental London – The O2.

15.10.2019 - 15:55 [ Bernie Sanders, candidate for Presidents / Twitter ]

For over 40 years, the largest and most profitable corporations in America have rigged the tax code and our economy. That ends when we’re in the White House. Read our plan to put power back in the hands of workers:

27.09.2019 - 13:57 [ Bernie Sanders, candidate for President / Twitter ]

Inequality in America is at its worst level in more than 50 years. Maybe—just maybe—it’s time we start taxing the super-rich to ensure human rights for all Americans: housing, health care, education, retirement, good jobs, and a livable planet.

15.09.2019 - 19:45 [ Alexandria Ocasio-Cortez, Abgeordnete des US Repräsentantenhauses / Twitter ]

Your ability to get insulin or see a doctor shouldn’t depend on how generous a billionaire is feeling today. Employers stripping healthcare, either by taking it away or worsening it, is just part of the casual dehumanization of working people to increase returns for the rich.

09.09.2019 - 18:27 [ Rashida Tlaib, Abgeordnete des US Repräsentantenhauses / Twitter ]

We have to make the tough, courageous changes that completely transform a political and economic system that is now built for corporations (and profits), not people. Choosing the status quo means doing nothing and giving up. We need a political revolution.

27.08.2019 - 01:47 [ Bernie Sanders, candidate for President / Twitter ]

This election isn’t about „red states“ or „blue states.“ In every state, there are working people who are desperate for change and an economy that works for more than just the billionaires. We stand with them and together we are going to win.

27.08.2019 - 01:23 [ Boston Globe ]

Joe Kennedy kept his head down for his first couple terms in Congress. Then Trump became president

(25.08.2019)

The vision he offered was of a capitalism that would be judged, he said, “not just by how much it produces, but how widely it shares; how good it does for how many; and how well it takes care of all of us.”

The speech amounted to an effort to guide his party toward a vision for how to tackle one of the most salient issues facing the country: the growing divide between the very rich and everyone else.

24.08.2019 - 09:29 [ New York Times ]

How David Koch and His Brother Shaped American Politics

The billionaire, who died Friday, understood the power of changing ‘hearts and minds.’ He spent almost unlimited money on behalf of limited government.

24.08.2019 - 08:58 [ New York Times ]

David Koch, Billionaire Who Fueled Right-Wing Movement, Dies at 79

Since the 1970s, the Kochs have spent at least $100 million — some estimates put it at much more — to transform a fringe movement into a formidable political force aimed at moving America to the far right by influencing the outcome of elections, undoing limits on campaign contributions and promoting conservative candidacies, think tanks and policies.

23.08.2019 - 19:46 [ Taiwan News ]

Hong Kong millionaires eye Australia as haven amid unrest

A notable rise in applications for the Significant Investor Visa (SIV) program, which grants direct residency to applicants, has been filed with the New South Wales state migration department over the past months, reported Reuters. Interested individuals have to invest at least A$5 million (US$3.4 million) to be eligible for the program.

23.08.2019 - 19:23 [ Taiwan News ]

Have Three Million People in Taiwan Joined a Business Cult?

Yes. I didn’t neglect to include that third one. That is the real issue with this business plan. Deception. Because so much relies on building a large team in order to earn the top figures that so many dream of, prospecting can be as much about the art of deception as it is the art of persuasion. Now, one might believe that a deceived recruit is not as effective as a persuaded recruit. However, when there are dynamics that operate within the team that echo those found in Scientology, the Branch Davidians, and modern-day and early communism, this distinction becomes difficult to differentiate.

19.08.2019 - 02:47 [ Washington Post ]

Former vice president Dick Cheney to appear at fundraiser for Trump and RNC

The luncheon fundraiser in Jackson, Wyo., will feature White House advisers Ivanka Trump and Jared Kushner, along with acting White House chief of staff Mick Mulvaney as “special guests,” according to the invitation, which was obtained by The Washington Post.

14.08.2019 - 18:25 [ Bernie Sanders, candidate for President / Twitter ]

Breaking News: For the last 40 years the American working class has been disappearing and the rich have been getting richer.

30.07.2019 - 07:14 [ Bernie Sanders, candidate for President / Twitter ]

Greed is the religion of the billionaire class. And a nation based on greed will not survive morally, economically or politically. That is why we fight to take power back from the billionaires and put it in the hands of the people, where it belongs.

26.07.2019 - 18:34 [ Bloomberg ]

Draghi Shouts Louder at Germany as ECB Prepares Stimulus

(25.07.2019)

Yet Germany, which has a budget surplus and which can borrow money at sub-zero rates, doesn’t see the problem even as its own manufacturing sector contracts. Finance Minister Olaf Scholz told Bloomberg Television on Thursday, minutes before Draghi’s press conference, that he has no plans to loosen the country’s purse strings because it’s not “necessary or wise to act as if we were in a crisis.”

18.07.2019 - 16:23 [ David Hogg / Twitter ]

For hundreds of years rich people have used racism and xenophobia to convince poor people that rich people are not the problem.

14.07.2019 - 19:23 [ Bernie Sanders, candidate for President / Twitter ]

This is why we are going to defeat Trump: Working people are sick and tired of working more for less. They’re tired of 3 people owning more wealth than the bottom half. They’re tired of not being able to afford health care.

30.06.2019 - 20:07 [ CNN ]

Why calling Bernie Sanders a ‚radical‘ is nonsense

The ruling class — dominated by billionaires like Donald Trump and the vested interests that prop him up — have played the same name-calling game for decades. Legislate tax cuts for the wealthy, turn a blind eye to polluters, shut down tax audits on the rich, abandon antitrust laws, put corporate lobbyists in charge of the regulatory agencies and then attack anyone who calls foul a „radical.“

30.06.2019 - 08:10 [ MIT.edu ]

The IMF and the WORLD BANK: Puppets of the Neoliberal Onslaught

(Sept./Oct. 2000)

John Gershman and Alec Irwin state in “Dying for growth”:

„100 countries have undergone grave economic decline over the past three decades. Per capita income in these 100 countries is now lower than it was 10, 15, 20 or in some cases even 30 years ago. In Africa, the average household consumes 20 percent less today than it did 25 years ago. Worldwide, more than 1 billion people saw their real incomes fall during the period 1980-1993. Meanwhile, according to the United Nations Development Program’s 1998 Human Development Report, the 15 richest people in the world enjoy combined assets that exceed the total annual gross domestic product of sub-Saharan Africa. At the end of the 1990’s, the wealth of the three richest individuals on earth surpassed the combined annual GDP of the 48 least developed countries.“

The Thistle won’t waste ink on how the wealthy have fared since the mainstream corporate press does a very commendable job in this respect.

28.06.2019 - 08:35 [ NBC News / Youtube ]

Bernie Sanders Hits Joe Biden Over Support For Iraq War

27.6.2019

28.06.2019 - 08:22 [ Bernie Sanders / Twitter ]

We must have the guts to take on:

-Wall Street
-The insurance industry
-The pharmaceutical industry
-The military-industrial complex -The fossil fuel industry

If we can take them on, we will finally be able to create real change. #DemDebate2

28.06.2019 - 05:37 [ Michael Moore / Twitter ]

Tonight’s winners: Kamala Harris & Bernie Sanders! Bernie’s closing statement was THE warning: If we don’t vote for the ONE who will take on Wall St & corporate America, NOTHING will change. Again, only 2 candidates raised their hands AGAINST for-profit health ins:Kamala & Bernie

28.06.2019 - 05:30 [ Adam Kelsey / Twitter ]

@BernieSanders‘ closing statement:

20.06.2019 - 18:38 [ economicshelp.org ]

Effect of lower interest rates

in theory, lower interest rates will:

– Reduce the incentive to save. Lower interest rates give a smaller return from saving. This lower incentive to save will encourage consumers to spend rather than hold onto money.

– Cheaper borrowing costs. Lower interest rates make the cost of borrowing cheaper. It will encourage consumers and firms to take out loans to finance greater spending and investment.

– Lower mortgage interest payments. A fall in interest rates will reduce the monthly cost of mortgage repayments. This will leave householders with more disposable income and should cause a rise in consumer spending.

19.06.2019 - 17:06 [ CNN ]

Joe Biden announces massive $20 million raised as first debate approaches

Joe Biden revealed Monday that his campaign may have raised nearly $20 million since the former vice president entered the 2020 race — a figure that would surpass the amount raised by any of the Democratic presidential candidates in the first fundraising quarter.