Sunday, August 23, 2020

Economics and Corruption and Healthcare and Education related links 082320


'No one should go hungry': street fridges of free food help Americans survive Covid pandemic

https://www.theguardian.com/world/2020/aug/10/no-one-should-go-hungry-sidewalk-fridges-of-free-food-help-americans-survive-pandemic?CMP=share_btn_fb&fbclid=IwAR3pPUqM50G0lNzV4lkvRxMW1BLEaQGnG2hJzfbuJPmlqMZKbC_GxzkYcsA

 

Annual income of richest 100 people enough to end global poverty four times over

https://www.oxfam.org/en/press-releases/annual-income-richest-100-people-enough-end-global-poverty-four-times-over?fbclid=IwAR1PptmIHK00fe9iZPIRWGyFbN3sxMtsF-z6m4FPaYPkU1CQsxsq5blGE-0

Unleashing the Power of Poor and Low-Income Americans

https://www.poorpeoplescampaign.org/resource/power-of-poor-voters/?link_id=2&can_id=1d0923a39dd9395ca5e7b571495ca9ab&source=email-the-poor-will-transform-this-nation&email_referrer=email_887336&email_subject=the-poor-will-transform-this-nation

 

Small Businesses Are Dying by the Thousands — And No One Is Tracking the Carnage

https://www.bloomberg.com/news/articles/2020-08-11/small-firms-die-quietly-leaving-thousands-of-failures-uncounted?fbclid=IwAR2xFbkyTIfD8Zg95ulJREp8I_83sJSwMs7nNRDw_okWj8g6T6mIcabwldE

 

35 Best And Worst Countries To Raise A Family (You Won’t Believe America’s Ranking)

https://www.forbes.com/sites/laurabegleybloom/2020/07/29/best-worst-countries-raise-family/#419933df7bec

 

Collusion: How Central Bankers Rigged the World Paperback – Illustrated, May 7, 2019

https://www.amazon.com/dp/1568589433?tag=sa-sym-new-20&linkCode=osi&th=1&psc=1

 

Nomi Prins is a geopolitical financial expert and investigative journalist who sheds light on the dark corners of the global economy, while empowering people with the knowledge they need to make informed decisions.

https://nomiprins.com/

 

AskProfWolff: Mussolini: From Socialism to Fascism

https://www.youtube.com/watch?v=H_JaKELQB04

 

Economic Update: The FED's Rigged Money Management

https://www.youtube.com/watch?v=DvTlmJUOEuw

 

AskProfWolff: Tax Breaks for Corporations

https://www.youtube.com/watch?v=oh-XRzQXcpA

 

US budget deficit climbs to record $2.81 trillion

https://apnews.com/b91e66dc273756b3fab87fe89c7cf29c?fbclid=IwAR14YSLhnFmQn8qEXLNyr6N8OMtDMNdMMSP5cavUju4utn2kPGdkwFLNLyQ

 

AMERICA IS BEING PUT ON NOTICE OF INEQUALITIES.

https://ei.marketwatch.com/Multimedia/2017/12/14/Photos/NS/MW-GA185_nation_20171214085801_NS.jpg?fbclid=IwAR1Dy9KiIj1CMtijSiSgldIH4dIKTJ9i_6ad__ZCkPhPx7KczfKvhsH5-oU

 

Chesapeake Energy, a Shale Pioneer, Files for Bankruptcy Protection: The company helped turn the United States into a gas exporter but became known for an illegal scheme to suppress the price of oil and gas leases.

https://www.nytimes.com/2020/06/28/business/economy/chesapeake-energy-bankruptcy.html

 

Oil Giant Files For Bankruptcy While Its Executives Receive $25 Million Dollars

https://www.forbes.com/sites/jackkelly/2020/06/29/oil-giant-files-for-bankruptcy-while-its-executives-receive-25-million-dollars/#21bbf8541ae7

 

Whiting Bosses Got $14.6 Million Bonuses Before Bankruptcy

https://www.bloomberg.com/news/articles/2020-04-01/whiting-executives-got-14-6-million-bonuses-before-bankruptcy

 

Bankruptcy Bonuses

https://blog.cheapism.com/ceo-bankruptcy-bonuses/

 

J.C. Penney pays out nearly $10M to execs as finances falter

https://www.retaildive.com/news/jc-penney-pays-out-nearly-10m-to-execs-as-finances-falter/577947/

 

10 Iconic Retailers Fall Into Bankruptcy: Lord & Taylor, Neiman Marcus, other chains reeling from COVID-19 disruption

https://www.aarp.org/money/credit-loans-debt/info-2020/bankrupt-retail-chain-store-list-is-growing.html

 

On eve of bankruptcy, U.S. firms shower execs with bonuses

https://in.reuters.com/article/us-health-coronavirus-bankruptcy-bonuses/on-eve-of-bankruptcy-u-s-firms-shower-execs-with-bonuses-idINKCN24I1EE

 

GNC To Pay CEO $2 Million Bonus As It Files For Bankruptcy And Moves To Close Over 1,300 Stores

http://labor411.org/411-blog/gnc-to-pay-ceo-2-million-bonus-as-it-files-for-bankruptcy-and-moves-to-close-over-1300-stores/

 

Judge approves 'bankruptcy bonuses' for Fairway Market executives

https://www.newsbreak.com/new-york/manhattan/news/1546934796123/judge-approves-bankruptcy-bonuses-for-fairway-market-executives

 

Libbey Inc hopes to complete prepackaged bankruptcy by Sept. 13

https://www.toledoblade.com/business/development/2020/06/01/libbey-Inc-files-for-bankruptcy-chapter-11/stories/20200601073

 

Chuck E Cheese parent company files for Chapter 11 bankruptcy and execs got bonusexs

https://www.washingtonpost.com/business/2020/06/25/chuck-e-cheese-bankruptcy-coronavirus/

 

12 Companies Paying Execs Millions as They Declare Bankruptcy and Slash Jobs: These CEOs are making millions while their employees lose jobs.

https://www.gobankingrates.com/money/business/companies-paying-bonuses-declare-bankruptcy/

 

Ascena Paying Millions in Executive Bonuses While Weighing Bankruptcy

https://multichannelmerchant.com/news/ascena-retail-paying-executive-retention-bonuses-weighing-bankruptcy/

 

Hertz doled out $16M in bonuses to top executives days before bankruptcy filing: Hertz said it gave $700,000 to newly instated CEO Paul Stone

https://www.foxbusiness.com/money/hertz-paid-out-bonuses-top-executives-filing-bankruptcy

 

Diamond Offshore Gets OK For $14.5M In Executive Bonuses

https://www.law360.com/articles/1286066/diamond-offshore-gets-ok-for-14-5m-in-executive-bonuses

 

Let's talk about UBI and living wages....

https://www.youtube.com/watch?v=1ZADrnNuiPk

 

Baseball Is Playing for Its Life, and Ours: An outbreak of infections soon after reopening has struck a blow at more than just the Marlins.

https://www.nytimes.com/2020/08/02/opinion/baseball-coronavirus-Marlins.html

 

The Guardian view on Boris Johnson’s obesity strategy: too slimmed-down: The measures unveiled by the government are welcome. But a far more comprehensive approach, recognising the role of inequality, is required

https://www.theguardian.com/commentisfree/2020/jul/27/the-guardian-view-on-boris-johnsons-obesity-strategy-too-slimmed-down

 

Blood tests for Alzheimer's: Two experts on why new studies are encouraging

https://local12.com/health/health-updates/blood-tests-for-alzheimers-two-experts-on-why-new-studies-are-encouraging

 

SEC investigating Kodak’s announcement of a $765 million government loan: report

https://www.alternet.org/2020/08/sec-investigating-kodaks-announcement-of-a-765-million-government-loan-report/

 

Companies Start to Think Remote Work Isn’t So Great After All: Projects take longer. Collaboration is harder. And training new workers is a struggle. ‘This is not going to be sustainable.’

https://www.wsj.com/articles/companies-start-to-think-remote-work-isnt-so-great-after-all-11595603397

 

Remote Managers Are Having Trust Issues

https://hbr.org/2020/07/remote-managers-are-having-trust-issues

 

Google Is Helping Its Workers Cope With Bad Government: Keeping all employees at home until next summer ensures that parents aren’t punished for school closures.

https://www.bloomberg.com/opinion/articles/2020-07-29/google-is-helping-its-workers-cope-with-bad-government

 

The Long, Unhappy History of Working From Home: As the coronavirus keeps spreading, employers are convinced remote work has a bright future. Decades of setbacks suggest otherwise.

https://www.nytimes.com/2020/06/29/technology/working-from-home-failure.html

 

Opinion: Bye, boomer: the coming cull of workers over 50

https://www.marketwatch.com/story/bye-boomer-the-coming-cull-of-workers-over-50-2020-07-29

 

McDonald’s Sues Former C.E.O., Accusing Him of Lying and Fraud.  The fast-food chain said Steve Easterbrook, who was fired last fall, concealed evidence during an investigation into his conduct.

https://www.nytimes.com/2020/08/10/business/mcdonalds-ceo-steve-easterbrook.html

 

The fast-food chain fired Steve Easterbrook last year over a consensual relationship with an employee. Now it’s suing him to recover severance pay, alleging he lied about other affairs. McDonald’s is doing the right thing, but maybe his earlier escape shouldn’t have been so easy.

https://www.breakingviews.com/considered-view/mcdonalds-ex-ceo-lawsuit-provides-takeaways/

 

The Fed is expected to make a major commitment to ramping up inflation soon

https://www.cnbc.com/2020/08/04/the-fed-is-expected-to-make-a-major-commitment-to-ramping-up-inflation-soon.html

 

The Fed Is Setting the Stage for a Major Policy Change: Policy makers have begun talking about letting the inflation rate rise above its 2% target. Look for a formal statement soon.

https://www.bloomberg.com/opinion/articles/2020-07-17/the-fed-is-setting-the-stage-for-a-major-policy-change

 

Everything at the grocery store is getting more expensive

https://www.cnn.com/2020/08/05/business/grocery-prices-rising/index.html

 

Goldman Warns the Dollar's Grip on Global Markets Might Be Over

https://www.bloomberg.com/news/articles/2020-07-28/goldman-warns-dollar-s-role-as-world-reserve-currency-is-at-risk

 

America’s hidden economic crisis: Widespread wage cuts.  Employers are using pay cuts to stay afloat during the recession, an unusual move that could signal deep damage to the labor market.

https://www.politico.com/news/2020/07/19/wage-cuts-economy-crisis-368508

 

Fortunes Won and Lost Trading in Kodak Stock: Inside a Wild Week. Sudden rise and fall offer warning for investors who ignore fundamentals and focus on a potential Covid-19 connection

https://www.wsj.com/articles/fortunes-won-and-lost-trading-in-kodak-stock-inside-a-wild-week-11596711606

 

We killed the middle class.  Here’s how we can revive it.  By helping each other reach our full potential, we’ll help the whole country get its swagger back.

https://www.theatlantic.com/ideas/archive/2020/08/middle-class/615238/?utm_source=facebook&utm_medium=social&utm_campaign=share&fbclid=IwAR0wAplJv84oubo7PVzALWtBohdf9477iuWffRsqGmadVSGBgXlQRiCk1IE

 

Trump’s Tax Cuts Were a Disaster. Naturally, Republicans Want Even More.  Study up, because they’re about to try again.

https://www.motherjones.com/politics/2020/06/trumps-tax-cuts-were-a-disaster-naturally-republicans-want-even-more/

 

Economic Update: Capitalism's Definition is NOT Innocent

https://www.youtube.com/watch?v=iCu459N3JuQ

 

Fewer inspectors, more deaths: The Trump administration rolls back workplace safety inspections

About 90 percent of serious accidents happen at workplaces that haven’t been inspected by OSHA.

https://www.vox.com/2020/8/18/21366388/osha-worker-safety-trump?fbclid=IwAR2Tr46VlUzr81iVfX1epbFZfyAjNvtzyj4TBiGOwjHDWZwpe6yRHJLTjJ4

 

Defending One Brooklyn Brownstone Is Just the Beginning: Eviction blockades and neighbors coming together might be tenants’ best defense against landlords.

https://www.thenation.com/article/politics/crown-heights-eviction-defense/

 

McDonald’s Has a Real Sexual Harassment Problem: Since 2015, scores of women have accused the company of fostering a workplace rife with sexual harassment—and of turning its back when they reported mistreatment.

https://www.thenation.com/article/society/mcdonalds-sexual-harassment-feature/

 

The User Always Loses: How did the Internet get so bad?

https://www.thenation.com/article/culture/joanne-mcneil-lurking-review/

 

CEO compensation surged 14% in 2019 to $21.3 million: CEOs now earn 320 times as much as a typical worker

https://www.epi.org/publication/ceo-compensation-surged-14-in-2019-to-21-3-million-ceos-now-earn-320-times-as-much-as-a-typical-worker/?fbclid=IwAR0CqgtZX-F8Eyd7raSJQ3_Vb0LlUzpftFWJ8daFmCuQ_36Pmn4vYo1PY7E

 

 

Goodyear tumbles 6% after Trump tweets to boycott the company over MAGA hat ban (GT)

https://markets.businessinsider.com/news/stocks/goodyear-stock-price-president-trump-tweets-boycott-maga-ban-tire-2020-8-1029518025?fbclid=iwar1xilq0o6pq0d52l7omhql1uuqf3eknqfmsjhodtlbdajswx_wi4u8nivs

 

Beyond Big Meat: Just six companies control two-thirds of the nation's meat production. It's time to end their monopoly of our food supply.

https://newrepublic.com/article/158679/beyond-big-meat-coronavirus-pandemic-meatpacking-monopoly

 

The Unequal Future of Consumption: How the Covid lockdown is reconfiguring the nexus of getting and spending

https://newrepublic.com/article/158737/covid-lockdown-unequal-future-consumption

 

The Pandemic Is Exposing the Rotten Core of Our Industrial Food System: While industrial farms have been thrown into chaos, local agriculture has proved to be a more resilient model.

https://inthesetimes.com/article/local-agriculture-covid-pandemic-industrial-food-system

 

The Future of Homeless Organizing Lives on the Prettiest Street in Philadelphia

https://inthesetimes.com/article/homelessness-organizing-philadelphia-encampment-lakay-nou-community-housing

 

Workers Blow the Whistle on Mass Death: Private equity firms have imposed austerity measures on the hospitals they acquire. In a pandemic, that’s meant countless preventable deaths.

https://inthesetimes.com/article/workers-blow-whistle-mass-death-private-equity-hospitals

 

Rebuild Farmer-Labor Solidarity: COVID-19 has created new opportunities to reform the nation’s food system.

https://progressive.org/magazine/rebuild-farmer-labor-solidarity-lloyd/

 

Make the Best of Public Education: The grace period is over: It’s time for America to be the grown-up our kids are counting on.

https://progressive.org/magazine/make-best-of-public-education-dubois-bourenane/

 

Cutting Medicaid into Oblivion: The per capita cap on Medicaid is a sneaky way of beginning the process of cutting the program entirely.

https://progressive.org/magazine/cutting-medicaid-into-oblivion-ervin/

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