“These companies took bailout dollars from taxpayers and turned around to lobby against shutoff moratoria proven to save lives.” Over a dozen leading U.S. utility companies took more than a billion dollars of publicly-funded pandemic bailout money while pulling the plug on power to vulnerable households nearly a million times, according to a new report outContinue reading “Utilities Took $1.25 Billion in Pandemic Aid Then Shut Off Power to Households Nearly 1 Million Times: Report”
In which John Green teaches you about the economic malaise that beset the United States in the 1970s. A sort of perfect storm of events, it combined the continuing decline of America’s manufacturing base and the oil shocks of 1973 and 1979, and brought about an stagnant economy, paired with high inflation. Economists with aContinue reading “Ford, Carter, and the Economic Malaise: Crash Course US History #42”
The coup in Guinea earlier this month has given the country an unexpected windfall. Political uncertainty has pushed up the value of its bauxite reserves. The ore is used to produce aluminum and companies are setting up large-scale operations to cash in. Al Jazeera’s Ahmed Idris reports from Conakry, Guinea.
Neoliberalism is why we’ve become so unequal over the course of this party system. As a result, the US is more divided politically than most of us can remember. Characteristics that unify neoliberals are: -emphasis of individuality and rejection of groups -market liberalism and fiscal conservatism (which are kinda the same thing) -privatization of publicContinue reading “Neoliberalism | US Political Polarization – The Cynical Historian”
337,000 pounds of benzene, carbon monoxide, hydrogen sulfide, and sulfur dioxide were flared, as well as an indeterminate amount of methane Texas oil refineries released hundreds of thousands of pounds of pollutants including benzene, carbon monoxide, hydrogen sulfide, and sulfur dioxide into the air as they scrambled to shut down during last week’s deadly winterContinue reading “‘No Safe Amount’: Environmentalists Sound Alarm Over Texas Refineries’ Release of Hundreds of Thousands of Pounds of Pollutants During Storm”