Blind-Rage-Mr.Fish

CHRIS HEDGES: THE TREASON OF THE RULING CLASS

How long can you expect people to watch their children go hungry? How long can you expect people to watch their loved ones suffer and die because they can’t get medical care? How long can you expect people to be abused by lawless police and a court system designed to railroad the poor into jails and prisons? How long can you watch the rich profit from your misery?
The longer the ruling elites refuse to address the root causes behind these protests, the more they loot the treasury to enrich themselves and their fellow oligarchs, the more they engage in futile and absurd efforts to deflect blame, the more unrest will spread. The last desperate resort by the oligarchs to save themselves will be to stoke the fires of racialized violence between disenfranchised whites and disenfranchised people of color. This, I fear, is the next chapter in this saga. I saw this tactic used to deadly effect in the former Yugoslavia. These are dark times. They are about to get darker.

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Corona Pandemic Enriching the Billionaires

Study: Coronavirus Has Been a Massive Boon for America’s Billionaires

A new study found that in the past eight weeks alone, the country’s super wealthy have added a further $368.8 billion to their already enormous fortunes. All this comes at the same time that the economy has undeniably imploded for working people. A record 36 million Americans have filed for unemployment insurance, with millions more losing their employer-based healthcare plans, and around a third of the country not paying its rent. Of course, the money is not coming from nowhere. It is certainly not coming from billionaires’ hard work. It is coming from us: from our pockets and those of the global poor, who will be forced to pay for the virus and the huge tax cuts later. The fact that billionaires’ wealth is rising so rapidly in a period of economic collapse is a sign that the rich’s wealth is barely even connected to productive forces anymore and has more to do with how much wealth one can take from public coffers.

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Jeff Bezos, World’s Richest Man, Wants Your Donations To Help Amazon Employees

Amazon CEO Jeff Bezos, worth over $100 billion, who makes on average $230,000 per minute is asking the public for donations to provide basic support to his 800,000 employees who are suffering in poverty in the wake of the COVID-19 pandemic. His calling on the public to help his own impoverished employees was not met well by many.
Amazon is notorious as a bad employer. Forced to forego bathroom breaks, many company warehouse workers are effectively compelled to wear diapers during their shifts. Other employees report working in unsafe environments and being punished for injuries sustained on the job. The company also does not provide its employees with regular access to clean water.
Amazon workers are really poor. In Arizona, for example, the company’s own data suggests that one in three employees depend upon food stamps to put food on the table. It is the twenty-eighth largest employer in the state. However, it ranked fifth on the list for most employees enrolled in the Supplemental Nutritional Assistance Program (SNAP). Across the United States, it is a similar story. In Pennsylvania, for instance, Amazon is the nineteenth largest employer but is in fifth place on the SNAP employees list of corporations.

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Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington

Broke Billionaires (and Other Ridiculous Signs of The Top)

Uber, WeWork, Lyft, Slack, Peloton, Pinterest– there are so many tech companies, or companies masquerading as tech companies– that consistently lose tons of money. It’s absurd. In finance, a startup that eventually becomes worth more than a billion dollars is referred to as a ‘unicorn’ because it’s supposed to be so rare that it borders on impossible. And that’s basically what these companies are– donkeys with fake horns. They’re not real unicorns.
They bleed cash. Many of them have no hope of ever turning a profit. And the rock-star famous people who own them are often just “Billionaires In Name Only,’or BINOs.

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