News Release Category: Economy and Business
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King’s Dream and Economic Exploitation
“The name of the march was The March on Washington for Jobs and Freedom. King and others were looking at the economic conditions. He himself spoke of how ‘America has given the Negro people a bad check, a check which has come back marked “insufficient funds.”‘
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Oppenheimer and the Profiteers of Armageddon
“Once Oppenheimer and other concerned scientists and policymakers failed to convince the Truman administration to simply close Los Alamos and place nuclear weapons and the materials needed to develop them under international control — the only way, as they saw it, to head off a nuclear arms race with the Soviet Union — the drive…
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“Biden Says There’s No Blockade. Tell That to Yemenis Who Need Medical Care.”
“With a presidential campaign ramping up, Biden has an incentive to emphasize relief and openness in Yemen; the U.S. role in the humanitarian crisis — including rolling out the red carpet for Saudi Crown Prince Mohammed bin Salman last year, and ongoing weapons sales — goes against the president’s claims to embrace human rights as…
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How Milton Friedman Aided Segregationists in Quest to Privatize Public Education
The essay reveals how the Nobel Prize-winning economist Milton Friedman allied himself with southern white efforts to defy the 1954 Supreme Court decision barring racial segregation in U.S. public schools. The iconic American academic hoped that the segregationists would advance his crusade to end public schools in the U.S. with vouchers for private schools.
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Report: $21 Trillion Financial Cost of Militarization Since 9/11
Program director of the National Priorities Project, Koshgarian is co-author of the just released report: “State of Insecurity: The Cost of Militarization Since 9/11,” which states: “Over the 20 years since 9/11, the U.S. has spent $21 trillion on foreign and domestic militarization. “Of that total, $16 trillion went to the military — including…
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Global Billionaires See $5.5 Trillion Pandemic Wealth Surge
“The world’s billionaires have seen their wealth surge by over $5.5 trillion since the beginning of the pandemic in March 2020, a gain of over 68 percent. The world’s 2,690 global billionaires saw their combined wealth rise from $8 trillion on March 18, 2020 to $13.5 trillion as of July 31, 2021, drawing on data…
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Will Wall Street Eat Away at Biden Infrastructure Spending?
“Now private equity is going to try to feed at the public trough again in the coming infrastructure legislation that Democrats want to pass via reconciliation. That will be yet another fight with Wall Street in the fall, even as progressive lawmakers prepare for a broad reform of private equity known as the Stop Wall…
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Hollywood Actor Invokes Cultural Boycott of Israel, Risks Netflix Lawsuit, California Law Reprisal
The call by Clennon and Jewish Voice for Peace marks the opening of a new front in the Academic and Cultural Boycott of Israel: Hollywood. Clennon just wrote a piece revealing narrative plot points in the “Hit and Run” series, in order “to encourage viewers to focus on the racism and violence inherent in Israeli…
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Has the Infrastructure Deal Become the #ExxonPlan?
“They backed that lobbying with plenty of campaign cash — a total of $333,000 from Exxon and its hired guns over the last decade to just the six Democrats that Exxon targeted. So it was for a very good reason that the bipartisan deal has been ridiculed on social media as the #ExxonPlan.”