Tag Archives: Capitalism

Trump’s FCC Chair Accused of Betraying Public Interest Mandate by Backing T-Mobile/Sprint Mega-Merger

He “seems to take smug pleasure in being a blatant telecom shill.”

By Andrea Germanos, staff writer for Common Dreams. Published 5-20-2019

FCC chairman Ajit Pai, seen here at the 2018 Conservative Political Action Conference, on Monday backed the proposed merger of T-Mobile and Sprint. (Photo: Gage Skidmore/flickr/cc)

Consumer advocates rebuked FCC chairman Ajit Pai on Monday after the Trump appointee backed the proposed mega-merger of T-Mobile and Sprint.

“Ajit Pai doesn’t even try to pretend that he works for the public,” said Fight for the Future deputy director Evan Greer. “He seems to take smug pleasure in being a blatant telecom shill.”

Pai’s approval followed what Engadget put as “a fresh round of promises [from the companies] to win regulators’ hearts.” Continue reading

Share

‘A Burning Indictment of Our Higher Ed System’: Commencement Speaker Pays Off $40 Million in Student Debt

Billionaire’s gift to nearly 400 graduating seniors of Morehouse College earned him praise—but also sparked criticism of the cost of education

By Jessica Corbett, staff writer for Common Dreams. Published 5-19-2019

Morehouse College commencement speaker and billionaire Robert F. Smith announced Sunday he is wiping out an estimated $40 million in student debt for nearly 400 graduates. (Photo: Morehouse College/Twitter)

Commencement speaker Robert F. Smith garnered widespread praise Sunday when the billionaire investor announced he will wipe out an estimated $40 million in student debt for Morehouse College’s nearly 400 graduating seniors—but the move also sparked intense criticism of the cost of higher education in the United States.

“Two things are simultaneously true about this story: 1. This is a very cool thing to do,” tweeted Current Affairs editor Sparky Abraham. “2. That this is so cool and necessary and has such a huge impact on the students’ lives is a burning indictment of our higher ed system.” Continue reading

Share

Lawsuit by 44 States Accuses Pharma Giants of ‘Multi-Year Conspiracy’ to Hike Drug Prices by Over 1,000%

“We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people.”

By Jake Johnson, staff writer for Common Dreams. Published 5-12-2019

Pfizer World Headquarters – New York City. Photo: Norbert Nagel/CC

A far-reaching lawsuit filed Friday by the attorneys general of more than 40 states accused some of the nation’s largest generic drug manufacturers of conspiring to inflate prices, in some cases by over 1,000 percent.

“We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people,” Connecticut Attorney General William Tong, whose state led the probe into the companies’ practices, said in a statement. Continue reading

Share

200+ Groups Call on Senate to Reject Bill That Would Lock US Into Fossil Fuel Dependence ‘Under Guise of National Security’

“At a time when we should be leading the global mission to rapidly quit fossil fuels, the notion of seeking new and deeper fossil fuel codependence between America and Europe is patently absurd.”

By Julia Conley, staff writer for Common Dreams. Published 5-9-2019

A new bill—passed by the House and being considered by the Senate—would provide billions of dollars in support for fossil fuel projects including fracking in Europe. (Photo: Wendy Shattil/Bob Rozinksi/Creative Commons)

More than 200 national climate action groups on Thursday demanded that the Senate stop the passage of a bill that would serve to keep both Europe and the U.S. dependent on fossil fuels for decades to come—as millions around the world have marched in recent months to demand that governments rapidly shift away from carbon-emitting energy sources.

Passed by the House in March, the European Energy Security and Diversification Act of 2019 (S. 704) would provide billions of dollars in support for natural gas infrastructure projects, propping up fossil fuel industries and leading to fracking projects in the U.S.—undercutting the goals of climate campaigners who are demanding that all industrialized countries move toward renewable energy systems. Continue reading

Share

‘Big Attack on Working People’: Trump Moves to Redefine Poverty in Order to Slash Social Programs and Services for Millions

“A novel way to take healthcare, etc., away from people AND make it look like there are fewer poor people.”

By Julia Conley, staff writer for Common Dreams. Published 5-7-2019

The Poor People’s Campaign has mobilized nationally to fight the Trump administration’s attacks on the poor. (Photo: Becker1999/flickr/cc)

The Trump administration on Monday moved to change the definition of “poverty” in the United States in a proposal which combines the president’s attempts to portray the U.S. economy as strong with his repeated attacks on the working poor and their access to government services.

In a regulatory filing, President Donald Trump’s Office of Management and Budget (OMB) wrote that it may change how inflation is calculated in order to reduce the number of Americans who are living below the federally-recognized poverty line and are therefore eligible for certain government support services and social programs. Continue reading

Share

‘Ominous’ UN Report Warns Human Activity Has Pushed One Million Plant and Animal Species to Brink of Extinction

“Nature is collapsing around us and it’s a real wake-up call to humanity.”

By Jake Johnson, staff writer for Common Dreams. Published 5-6-2019

A United Nations report on biodiversity released Monday found that human activity is responsible for “accelerating” species extinction rates. Photo: Murky [CC-BY-SA 2.0]

United Nations report described as the most authoritative and comprehensive assessment of global biodiversity ever published found that human exploitation of the natural world has pushed a million plant and animal species to the brink of extinction—with potentially devastating implications for the future of civilization.

Conducted by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) and released Monday, the report warned that species extinction rates are “accelerating” at an “unprecedented” rate due to the human-caused climate crisis and economic activity. Continue reading

Share

‘The Statue of Liberty Is Not a Toll Booth’: Outrage as Trump Moves to Impose Fees on Asylum Seekers

“Charging asylum application fees puts a dollar amount on helping migrants escape persecution. It is pure villainy.”

By Jake Johnson, staff writer for Common Dreams. Published 4-30-2019

In a move immigrant rights groups decried as the White House’s latest inhumane attack on those fleeing violence and persecution, President Donald Trump late Monday ordered sweeping changes to the U.S. asylum system, including restriction of work permits and a fee for asylum applications.

“Once again, he’s hell bent on persecuting the most vulnerable and gives access to lifesaving refuge only to those who can afford it,” tweeted advocacy group Voto Latino. Continue reading

Share

Demanding Medicare for All, Nurses Use Band-Aids to Plaster GoFundMe Pages to Big Pharma Headquarters

-“Nobody should have a GoFundMe account to pay for their healthcare, and we’re here to make sure that that stops.”

By Jake Johnson, staff writer for Common Dreams. Published 4-29-2019

Nurses use Band-Aids to attach GoFundMe pages to the headquarters of Pharmaceutical Research and Manufacturers of America in Washington, D.C. (Photo: National Nurses United/Twitter)

Hundreds of nurses and their allies from across the country rallied Monday outside the headquarters of the pharmaceutical industry’s top lobbying group and plastered the GoFundMe pages of Americans “suffering in an immoral healthcare system” to the building’s walls and windows.

The Pharmaceutical Research and Manufacturers of America, or PhRMA, spends tens of millions of dollars a year lobbying on a variety of healthcare issues, and it is currently bankrolling efforts to crush Medicare for All. Continue reading

Share

In Ruling on Coal Mining, Federal Judge Issues Latest Rebuke of Trump’s Attack on Public Lands

About 40 federal rulings have now blocked the president from rolling back environmental and public health regulations

By Julia Conley, staff writer for Common Dreams. Published 4-20-2019

 

“This is a victory for communities whose land, water, and way of life is threatened by new coal mining,” Earthjustice said of a federal ruling against the president’s attempt to open up coal mining on public lands. (Photo: Maria Gunnoe Flight, courtesy of southwings.org)

Green groups on Saturday celebrated the latest federal ruling aimed at preventing President Donald Trump from rolling back environmental regulations that were put in place by his predecessor.

Judge Brian Morris issued a ruling late Friday stating that the Interior Department broke federal law when it lifted former President Barack Obama’s moratorium on coal mining in public lands. Continue reading

Share

‘Finally!’: Court Orders EPA to Stop Stalling Potential Ban on Pesticide Tied to Brain Damage in Kids

“We hope Trump’s EPA finally decides to protect the future of countless children and the health of millions of farmworkers.”

By Jessica Corbett, staff writer for Common Dreams. Published 4-19-2019

American farmers use chlorpyrifos, a pesticide tied to brain and nervous system issues, on crops such as apples, broccoli, corn, and strawberries. (Photo: Stephanie Chapman/Flickr/cc)

In a ruling welcomed by public health advocates, a federal court on Friday ordered the Trump administration to stop stalling a potential ban on a pesticide linked to brain damage in children, giving regulators until mid-July to make a final decision.

Citing unacceptable health risks for children, the Environmental Protection Agency (EPA) ended household use of chlorpyrifos in 2000. However, farmers can still use the pesticide—which is also tied to nervous system problems in people and animals—on crops such as apples, broccoli, corn, and strawberries. Continue reading

Share