Tag Archives: Capitalism

The US Just Seized a Ship Owned by JP Morgan That Had $1.3 Billion in Cocaine on It

A container ship owned by JP Morgan has been seized after authorities discovered over $1 billion dollars worth of cocaine on the vessel.

By S.M. Gibson. Published 7-10-2019 by The Mind Unleashed

A container ship owned by JP Morgan has been seized by U.S. Customs and Border Protection (CBP) in Philadelphia weeks after authorities discovered over $1 billion dollars worth of cocaine on the vessel.

On June 17, U.S. Customs and Homeland Security led a multi-agency effort which detected inconsistencies in seven shipping containers and confiscated 39,525 pounds of cocaine. The cocaine has a street value of approximately $1.3 billion. Continue reading

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Convicts are returning to farming – anti-immigrant policies are the reason

Migrant agricultural workers kept out of the US by tough immigration laws are now being replaced by prison labor. Shutterstock

Stian Rice, University of Maryland, Baltimore County

Prison inmates are picking fruits and vegetables at a rate not seen since Jim Crow.

Convict leasing for agriculture – a system that allows states to sell prison labor to private farms – became infamous in the late 1800s for the brutal conditions it imposed on captive, mostly black workers.

Federal and state laws prohibited convict leasing for most of the 20th century, but the once-notorious practice is making a comeback. Continue reading

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Demanding End to ‘Rotten’ Opposition to Medicare for All, Doctors and Nurses to March on American Medical Association’s Annual Meeting

“It’s time for the AMA to join the majority of physicians who support improved Medicare for All.”

-By Jake Johnson, staff writer for Common Dreams. Published 6-7-2019

Medicare for All Rally, Los Angeles – Feb 2017. Photo: Molly Adams/flickr

Accusing the American Medical Association of putting “profits ahead of patient care” by joining the corporate fight against Medicare for All, a coalition of physicians, nurses, and allies plans to march on the organization’s annual meeting on Saturday to demand an end to its longstanding opposition to single-payer.

The AMA is America’s largest association of physicians, one of the largest lobbying organizations in the U.S., and a founding member of the Partnership for America’s Health Care Future, a coalition formed by insurance and pharmaceutical interests to combat Medicare for All. Continue reading

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‘Existential’ Risk of Climate Crisis Could Lead to Civilizational Collapse by 2050, Warns Report

“The world is currently completely unprepared to envisage, and even less deal with, the consequences of catastrophic climate change.”

By Eoin Higgins, staff writer for Common Dreams. Published 6-4-2019

The Holy Fire, Lake Elsinore, California. Photo: slworking2/flickr

Even by the standards of the dire predictions given in climate studies, this one’s extreme: civilization itself could be past the point of no return by 2050.

That’s the conclusion from Australian climate think tank Breakthrough National Centre for Climate Restoration, which released a report (pdf) May 30 claiming that unless humanity takes drastic and immediate action to stop the climate crisis, a combination of food production instability, water shortages, and extreme weather could result in a complete societal breakdown worldwide. Continue reading

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With Viral Tweet, Activist Urges Defeat of Massive Grand Canyon Development That Threatens Local Tribe’s Water

“There’s no national news coverage about this and some very rich people want to keep it that way.”

By Julia Conley, staff writer for Common Dreams. Published 5-28-2019

An developer is planning to build a new housing and entertainment development just 10 miles from the Grand Canyon, but an activist’s viral tweet urged opponents to contact a local town council to stop the plan from going forward. (Photo: Alberto Gambardella/Flickr/cc)

A grassroots campaign is calling on anyone who opposes a huge new development just a few miles from Grand Canyon National Park to make their objections known to local officials as the government of a nearby town prepares to vote on the building of a new housing, retail, and entertainment complex.

A Twitter thread by a grassroots activist called “Jack” went viral Monday, gaining more than 100,000 re-tweets in about 24 hours as users read about an Italian development company’s plans to build a convention center, a spa, more than 2,000 homes, and potentially a water park just 10 miles from the beloved national landmark. Continue reading

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‘Blatant Attempt to Politicize the Science’: Trump Reportedly Moving to End Long-Term Studies of Climate Crisis

“The Trump gang is attacking the scientific process itself in an attempt to prop up fossil fuel industries, delay inevitable action, and run the carbon bubble as long as it will last.”

By Jake Johnson, staff writer for Common Dreams. Published 5-28-2019

The Camp and Woolsey fires in California cost at least $9-13 billion in damage, according to a Christian Aid report published Thursday. (Photo: U.S. Forest Service)

In what environmental experts warned could be President Donald Trump’s most dangerous assault on science yet, the White House is reportedly moving to end long-term assessments of the impacts of the climate crisis while pushing a polluter-friendly agenda that is making the planetary emergency worse.

As the New York Times reported late Monday, “the White House-appointed director of the United States Geological Survey, James Reilly, a former astronaut and petroleum geologist, has ordered that scientific assessments produced by that office use only computer-generated climate models that project the impact of climate change through 2040, rather than through the end of the century, as had been done previously. Continue reading

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Senators Call for Disclosure of Perks and Fees Paid to Health Benefits Brokers

By Marshall Allen  Published 5-24-2019 by ProPublica

Health benefits brokers would have to reveal the fees and other enticements they’ve received from the insurance industry under bipartisan legislation proposed Thursday in the U.S. Senate.

The brokers are supposed to independently help employers select benefits for their workers. But a ProPublica investigation in February found that the insurance industry often uses undisclosed money and gifts to influence which plans the brokers favor. The payments and perks include healthy commissions, six-figure bonuses and exotic island vacations. Critics call the compensation a “classic conflict of interest” that drives up costs. Continue reading

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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

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‘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

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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

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