Why Billionaire Philanthropy Won’t Solve Anything – Second Thought

You ever notice how oligarchs like Warren Buffet and Bill Gates are cast as these uber-wealthy saviors who are singlehandedly raising the world out of poverty? That doesn’t happen by accident. In this week’s episode, we’re taking a look at the insidious philanthropy scheme billionaires use to make sure their reputation remains squeaky clean. HopeContinue reading “Why Billionaire Philanthropy Won’t Solve Anything – Second Thought”

Revealed: The Billionaires Funding the Coup’s Brain Trust

Conservative mega-donors including the DeVoses and Bradleys are pumping big money into the Claremont Institute think tank that fueled Trump’s election-fraud fantasies The Claremont Institute, once a little-known think tank often confused with the liberal-arts college of the same name, has emerged as a driving force in the conservative movement’s crusade to use bogus fraudContinue reading “Revealed: The Billionaires Funding the Coup’s Brain Trust”

Bernie Sanders to Hold Coast-to-Coast Town Hall With Nation’s Striking Workers

“At a time of massive income and wealth inequality working people, with great courage, are standing together against corporate greed,” said Sanders. “Their struggle is our collective struggle.” Just one day after calling on progressives to “stand up and fight back” in 2022, Sen. Bernie Sanders is scheduled to participate in a Wednesday night town hall discussionContinue reading “Bernie Sanders to Hold Coast-to-Coast Town Hall With Nation’s Striking Workers”

China berates US after ‘close encounters’ with Elon Musk satellites

Beijing urges US to act responsibly after two near misses that it says posed serious threat to astronauts’ lives China has accused the US of ignoring international treaty obligations and engaging in irresponsible and unsafe conduct in outer space after two near misses between the Chinese space station and satellites operated by Elon Musk’s SpaceXContinue reading “China berates US after ‘close encounters’ with Elon Musk satellites”

How American Workers Are Losing Billions – Second Thought

2020: Is working class condemned to serfdom in America after coronavirus? – The Hill

Krystal and Saagar talk to author Joel Kotkin about his new book, ‘The Coming of Neo-feudalism.’

Pandemic boosts super-rich share of global wealth

The share of household wealth owned by billionaires has risen by a record amount during the pandemic, with millionaires also coming out of COVID-19 ahead, a study found on Tuesday. The World Inequality Report produced by a network of social scientists estimated that billionaires this year collectively own 3.5% of global household wealth, up fromContinue reading “Pandemic boosts super-rich share of global wealth”

Super-rich increase their share of world’s income

The share of wealth owned by the world’s richest people soared during the Covid pandemic, a major study on inequality has found. The World Inequality Report said that 2020 saw the steepest increase in billionaires’ wealth on record. Meanwhile, 100 million people sank into extreme poverty, the report from the Paris-based World Inequality Lab said. TheContinue reading “Super-rich increase their share of world’s income”

‘Bad Politics, Bad Policy’: Sanders Slams House Democrats for Including Tax Cut for Rich in BBB

“The bottom line here is we have to help the middle class, not the 1%,” said the senator. Sen. Bernie Sanders warned late Thursday that a tax deduction that will disproportionately benefit wealthy Americans and that Democratic House leaders insisted on keeping in the Build Back Better Act will harm the party in upcoming elections,Continue reading “‘Bad Politics, Bad Policy’: Sanders Slams House Democrats for Including Tax Cut for Rich in BBB”

DonorsTrust Gives $600k Donation to White Nationalist Hate Group

For the second year in a row, the right wing’s favorite dark money donation vehicle has given an unprecedented sum to a notorious white nationalist hate group. New tax records obtained by the Center for Media and Democracy (CMD) reveal that nonprofit charity DonorsTrust bankrolled the New Century Foundation—an alias for American Renaissance, a white nationalist organizationContinue reading “DonorsTrust Gives $600k Donation to White Nationalist Hate Group”

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