Norway’s Wealth Tax Is Uncommon. Here’s What America Could Learn From It.

Stephan:  Norway is a country that like New Zealand operates on a radically different basis than the United States. Here we have only one societal priority and that is profit. In Norway and New Zealand, and a few other countries in contrast fostering wellbeing is the first societal purpose. Here is an example of what happens when wellbeing is the social goal.

Norwegian entrepreneur Karl Alveng Munthe-Kaas will face a hefty tax bill when the grocery company he co-founded in 2013 goes public. But the 37-year-old isn’t bitter; he welcomes it.

For Munthe-Kaas, a system that raises revenue by targeting those with the greatest capacity to pay makes sense. “I think it’s a simple, and also fair, principle,” said Munthe-Kaas. No one in Norway would have become very wealthy, he said, “if it hadn’t been for the public services the government provides.”

Norway’s tax — levied on an individual or couple’s net wealth, above a threshold — is one of only a handful worldwide. But in the U.S., the once-fringe proposal is now getting mainstream attention.

The idea has been championed by high-profile progressive Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.), who argue the policy could be a powerful tool to narrow America’s sobering wealth gap, including the enduring racial divide. A tax on the small group of individuals and families who control disproportionate riches could generate much-needed revenue, wealth tax supporters argue, to fund services like health care, child care and education; to […]

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Norway outlaws hate speech against trans people

Stephan:  In the United States where a christofascist cult dominates both religion and one of the two political parties, there is an obsession that sexuality must be male dominant and heterosexual and that the persecution and degradation of individuals who do not conform to that form is acceptable. Other wiser countries take a different view. Here is another report from Norway that demonstrates this inclusive attitude.

LONDON — Norway’s parliament outlawed hate speech against transgender people on Tuesday, expanding its penal code which has protected gay and lesbian people since 1981.

People found guilty of hate speech face a fine or up to a year in jail for private remarks, and a maximum of three years in jail for public comments, according to the penal code.

“I’m very relieved actually, because (the lack of legal protection) has been an eyesore for trans people for many, many years,” said Birna Rorslett, vice president of the Association of Transgender People in Norway.

Norway is one of the most liberal countries in Europe for LGBT+ people, allowing trans people to legally change gender without a medical diagnosis in 2016. But reported homophobic crimes have risen, according to advocacy group, ILGA-Europe.

The bill was approved on its second reading without a vote, a parliamentary spokeswoman said, after it was backed by lawmakers on its first reading last week.

Trans people are “an exposed group when it comes to discrimination, harassment and violence”, Minister of Justice and Public Security Monica Maeland said.

“It is imperative that the protection against discrimination offered by the criminal legislation is adapted to the practical situations that arise,” she told the […]

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What The U.S. Election Meltdown Looks Like to Other Countries

Stephan:  Reagan styled America "a shining city on a hill." Trump, as this report lays out, has reduced us to a squat in a trash heap. Seventy five years of American leadership have been pissed away by a psychotic narcissist, with the collaboration of the orcs of the Republican Senate. The rest of today's edition provides the factual proof of why the rest of the world has so radically changed their perception of the United States. (orc /ôrk/noun plural noun: orcs
  1. A member of a race of humanlike creatures, characterized as ugly, warlike, and malevolent.

Nearly three weeks after a presidential election plagued by long lines and even longer ballot-counting delays, President Donald Trump still hasn’t conceded the race to Joe Biden, his administration is refusing to help with an orderly transition and his supporters are pulling every lever they can to drag out, block or even overturn the results.

illustration by Doug Chayka

Never before has the basic machinery of U.S. democracy looked so dysfunctional. And the rest of the world has been watching almost as closely as Americans themselves.

The United States has set itself up as a global model for democratic elections, impressing many people with the longstanding stability of its system, but also fostering some annoyance with its high-handed efforts to promote its own style of democracy worldwide.

Now, with its system in a public meltdown under the stress of its own presidential election, how do people overseas see what’s happening here? And how will it affect America’s standing going forward? We asked writers from a range of countries, either watching from overseas or from their jobs in the US, what they […]

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Trump Administration Accused of Trying to Bully Banks Into Financing Arctic Fossil Fuel Extraction

Stephan:  On his way out of the White House and governmental power Donald Trump is doing everything he can to damage the country, starting with the pardons, but also doing things like encouraging destruction of the Arctic to support the carbon industry.
Under a new proposal from the Office of the Comptroller of the Currency, banks will no longer be able to deny loans to the fossil fuel and other controversial yet legal industries unless it is proven they are at risk of default. Credit: vitstudio/Shutterstock

Responding to grassroots pressure and shareholder activism, five of the six largest U.S. banks have decided they want no part of financing fossil fuel drilling in Alaska’s Arctic National Wildlife Refuge—but that isn’t stopping the Trump administration from what critics on Friday called bullying banks into funding oil and gas extraction.

“No amount of saber-rattling in the final days of the Trump administration is going to change the fact that Arctic drilling is a risky investment that any savvy financial institution would stay far away from.”
—Ben Cushing, Sierra Club

The Wall Street Journal reports the Office of the Comptroller of the Currency on Friday proposed a new rule that would bar financial institutions from refusing to lend to entire categories of lawful businesses. In the name of “fair access,” the proposed rule would force banks to finance not […]

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‘Truly grotesque’: On way out the door, Trump prioritizes bringing back executions by firing squad and electrocution

Stephan:  Here is another example of what Trump is doing to turn America into an authoritarian fascist state. It is going to take Biden as much as his entire first year in office to sort out and repair the damage being done by Trump whom, I believe, history will record as the worst and most despiccable president in our history.
Trump and his legal orc Bill Barr Credit: AFP

Among the slew of potentially destructive policy changes the Trump administration is rushing to implement on its way out of power is a rule that would authorize the return of electrocutions and firing squads for federal executions, an effort critics slammed as a twisted priority amid deadly public health and economic crises.

ProPublica reported Wednesday that the rule, first published in the Federal Register by the U.S. Justice Department in August, “has raced through the process with little notice but unusual speed—and deadly consequences.”

“This rule could reintroduce firing squads and electrocutions for federal executions, giving the government more options for administering capital punishment as drugs used in lethal injections become unavailable,” ProPublica noted. “The Justice Department surfaced the proposal in August and accepted public comments for only 30 days, instead of the usual 60. The rule cleared White House review on Nov. 6, meaning it could be finalized any day.”TAKE THE POLL: Will you take a coronavirus vaccine when it’s available?

After carrying out the first federal execution in […]

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