How Trump’s billionaires are hijacking affordable housing

Stephan: 

As he usually does Thom Hartmann spells it out very well. This is how countries become fascist, under leaders like fascist Trump. Wake up readers, get everyone you know to vote and to vote only for Democrats. This is not about party politics, this is about the United States remaining a democracy. And demand of Democrats that if elected they will dramatically change our tax structure. That is why the House and Senate must have Democratic majorities.

Credit: depositphotos

America’s morbidly rich billionaires are at it again, this time screwing the average family’s ability to have decent, affordable housing in their never-ending quest for more, more, more. Canada, New Zealand, Singapore, and Denmark have had enough and done something about it: we should, too.

There are a few things that are essential to “life, liberty, and the pursuit of happiness” that should never be purely left to the marketplace; these are the most important sectors where government intervention, regulation, and even subsidy are not just appropriate but essential. Housing is at the top of that list.

A few days ago I noted how, since the Reagan Revolution, the cost of housing has exploded in America, relative to working class income.

When my dad bought his home in the 1950s, for example, the median price of a single-family house was around 2.2 times the median American family income. Today the St. Louis Fed says the median house sells for $417,700 while the median American income is $40,480—a ratio of more than 10 to […]

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23 Nobel Economists Say Harris Plan ‘Vastly Superior’ to ‘Counterproductive’ Trump Agenda

Stephan: 

I see interview after interview of people before they have voted being asked by reporters who they think is better about the economy, and their response is Trump. I don’t know whether it is stupidity, misinformation, willful ignorance, or what leads to such thinking. But perhaps this report will clarify such thinking. Twenty-three Nobel Laureates on the correct answer. Harris and the Democrats will produce a better economy for all of us. If you know someone who thinks the answer is Trump you might pass this on. Not that a Nobel Laureate one or many will have as much impact on their thinking as fascist Trump. or Fox propaganda.

U.S. Vice President and Democratic presidential candidate Kamala Harris
Credit: Charly Triballeau / AFP v/ Getty

Recipients of the prestigious Nobel Prize for economics said in a letter Thursday that Vice President Kamala Harris, the Democratic presidential nominee, has outlined an economic agenda that would be “more sustainable and more equitable” than the policies proposed by Republican contender Donald Trump.

Spearheaded by 2001 Nobel Prize winner Joseph Stiglitz, the letter was signed by 23 economists—more than half of the living U.S.-based recipients of the award.

The signatories, including Claudia Goldin, Simon Johnson, and Richard H. Thaler, wrote that what the two candidates have said, “combined with what they’ve done in the past, gives us a clear picture of alternative economic visions, policies, and practices.”

Harris has been applauded since launching her campaign in July for unveiling numerous proposals aimed at easing economic burdens for working families. She has called for the first-ever federal ban on price gouging in food industries; an expansion of Medicare that would provide relief to 37 million […]

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Lifting the Veil on Tens of Billions in Oil Company Payments to Governments

Stephan: 

This is what the petroleum industry is doing throughout the world to ensure their profits even though it is destroying Earth’s matrix of life and degrading the wellbeing of millions. And no government, including the U.S. government, seems to have the courage to take on the evil beast. We must end the carbon era if our civilizations are to survive.

A view of social housing in Malabo, Equatorial Guinea on Nov. 16, 2022. ExxonMobil distributed $189.2 million last year to the Equatorial Guinea government. Credit: Samuel Obiang / AFP / Getty 

Tutu Alicante was studying in the United States when his sister, suffering from an ectopic pregnancy, was rushed to the hospital back home in Equatorial Guinea. It was 1996, a year after Mobil had discovered oil off the country’s coast. When she arrived at the hospital, Alicante recounted recently, there was no power and no doctor. His sister bled to death.

In 2014, Alicante said, his father was rushed to the same hospital and found similar conditions, and he, too, died. Over 18 years, Mobil’s oil field had brought soaring economic growth to Equatorial Guinea, but that wealth had failed to transform life for many of the nation’s poor, Alicante said.

Alicante is the executive director of EG Justice, a U.S.-based nonprofit focused on corruption in Equatorial Guinea, and he told this story during a recent webinar highlighting new securities filings from American oil and mining companies. The 

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‘The Entire Population of North Gaza Is at Risk of Dying’: UN Relief Official

Stephan: 

A Palestinian genocide is being carried out by Netanyahu and the fascist Jews of Israel, and the United States is providing the weapons being used. Biden and the Democrats are afraid to do anything to stop this for fear it will cost Harris and Walz the election. I think this is despicable. I find it hard to believe any American Jew who remembers the Holocaust can be in support of what is happening in Gaza.

Massive destruction left by the Israeli army following the recent raid on Kamal Adwan Hospital in northern Gaza.
Credit: Quds News Network

Israel could kill everyone left in Northern Gaza if its assault on the enclave continues, a United Nations relief official warned on Saturday.

U.N. Acting Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Joyce Msuya also called for an end to the Israeli attack.

“What Israeli forces are doing in besieged North Gaza cannot be allowed to continue,” Msuya said.

In particular, Msuya emphasized Israel’s targeting of hospitals and shelters and interference with relief work.

“Hospitals have been hit, and health workers have been detained. Shelters have been emptied and burned down. First responders have been prevented from saving people from under the rubble. Families have been separated, and men and boys are being taken away by the truckload,” she said.

Msuya estimated that Israel’s actions in the north had killed hundreds and displaced tens of thousands. According toAl Jazeera, an Israeli siege on the north that began earlier in October has killed around 640.

“The entire […]

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UC Berkeley scientists make groundbreaking climate discovery

Stephan: 

Here is some good climate change news if Harris wins and her government has the integrity and courage to see this research becomes a major trend. Fascist Trump and the Fascist (formerly Republican) Party will do nothing. They are totally enthralled and in service to the petroleum billionaires.

UC Berkeley scientists recently made a discovery that could help potentially mitigate the effects of climate change.
Credit: Zihui Zhou / UC Berkeley

Trees have long done the heavy lifting of sequestering carbon dioxide from the atmosphere, but no matter how big the planting spree, nature won’t catch up to human impact on our warming planet. But UC Berkeley scientists recently made a discovery that could help potentially mitigate the effects of climate change, and it’s just the beginning of more work with the groundbreaking material.

The specially designed, porous yellow powder dubbed COF-999 the group created can capture carbon dioxide from the air, keeping it from being released until it can be moved underground or to a capture facility. Published this week in the journal Nature, the research details the unique substance and its potential uses to address climate change. 

“We were so excited when we obtained such exceptional results from the experiments,” Omar Yaghi, a chemistry professor at UC Berkeley and the study’s lead author, told SFGATE via email. “This is a game-changer and COF-999 is essentially the […]

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