News Release Category: Economy and Business
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Twitter Blocking Labor Reporting on Amazon, a Business Partner
“More Perfect Union, a new labor reporting organization founded by former Bernie Sanders campaign manager Faiz Shakir, made a viral video supporting the Amazon union workers. The video went viral and garnered over a million views before Amazon suddenly removed it for nearly a day.”
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How Hedge Funds Are Wrecking the U.S.’s Green New Deal
“Players on Wall Street have been torpedoing our chances of averting environmental catastrophe for years. A group of billionaire financiers has made sure the companies the government must partner with to fight climate change are focused on one thing only – making these men (they all seem to be men) even richer. Instead of leading…
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Tax Billionaires to Pay for Pandemic Recovery
“Under the Warren-Jayapal-Boyle bill, the richest 100,000 Americans would be subject to an annual tax of a few pennies on the dollar on their great fortunes.”
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New Report Calls on Biden to Put an End to Program That’s “Not Far From Slavery”
“Will it support the H-2A program and protect the profits of growers, or will it stand with the farmworkers who labor in the fields to feed this country?”
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Cities Targeting Homeless
“Santa Cruz Food Not Bombs will be celebrating its 365th day in a row of providing food, drinking water, and the city’s only reliable hand-washing station while the city and its corporate sponsors failed to provide for the needs of most of our community’s unhoused.”
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Bill Gates, Super Emitter
“In 2015, he started a multibillion-dollar venture capital fund called Breakthrough Energy — recruiting a who’s who of the global super rich to join the fund: Jeff Bezos, Richard Branson, Michael Bloomberg, Jack Ma, Mukesh Ambani, and others.”
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Beyond the GameStop Drama: Tax the Wall Street Casino
“We don’t have to take sides in this week’s particular stock mania to observe that it is the perfect illustration of much more fundamental, disturbing institutional reality. We have allowed Wall Street’s leading securities exchanges — a crucial part of the global capitalist order — to become by far the world’s largest casino.”
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Billionaire Wealth vs. Community Health
It finds that essential workers continue to suffer as U.S. billionaires gain almost $1 trillion during the pandemic, stating that “A handful of billionaires and corporations have seen their wealth surge to record levels, in part as a result of their monopoly status and opportunism during the pandemic.”
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Support Across Party Lines For Tough Wall Street Rules and Oversight
“Ten years after Congress passed a major reform of Wall Street in response to the financial crisis, voters continue to overwhelmingly support more and tougher regulation of finance and they strongly approve of the mission of the Consumer Financial Protection Bureau, according to a new survey by Lake Research Partners.”
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Debate Confusion, Trump’s Racism and Biden’s Praise of Police
“Everyone knows Trump is racist. But for the questions not to be softballs they should have asked Biden about the connections between racism and policing.”