Daily Archives: December 3, 2022

2022-12-03: News Headlines

WSWS (2022-12-03). Jacobin promotes student debt bankruptcy. wsws.org Students are evidently expected to be grateful for the chance, compliments of the Democratic Party, to go into bankruptcy to avoid penury and homelessness.

C, C Butterwegge & Sybille Pirklbauer (2022-12-03). Social division in the schools and 7 challenges to the welfare state. indybay.org The most difficult task will be to redefine prosperity not only in philosophical concepts, but also in concrete tangible and experiential terms detached from consumption. Many are already working on this. The United Nations adopted a strategy for a "blueprint for peace and prosperity for people and the planet" with the Sustainable Development Goals 2015.

WSWS (2022-12-03). South Korean trade unions isolate striking truckers amid government threats. wsws.org Cargo Truckers Solidarity is allowing drivers to burn themselves out while refusing to expand the struggle to other sections of the working class.

WSWS (2022-12-03). Stronger than expected US jobs report sparks calls for further interest rate hikes. wsws.org The financial markets reacted negatively to the jobs report for November, seeing the higher than expected employment numbers as a setback to plans to create a recession to crush the mounting strikes and wages struggles of the working class.

TeleSUR- hvh, DRL (2022-12-03). Estudio muestra casi un 30% de pobreza entre brasileños en 2021. telesurtv.net La cantidad de personas en pobreza extrema subió un 48,2 por ciento, para un total de 17,9 millones de brasileños.

Lee Camp (2022-12-02). The Secret Reason the US Is Still in Syria. mintpressnews.com It's tough to overstate how bad things are in Syria. According to the UN, "90 percent of all Syrians today are forced to live below the poverty line with around 12 million grappling with severe food insecurity."

Calla Walsh (2022-12-02). US youth observe Cuba's elections and learn about real democracy. multipolarista.com A delegation of youth from the United States observed Cuba's November 2022 municipal elections and offer an inside look into a true people's democracy, where workers decide who will govern them, not wealthy oligarchs and corporations.

Chris Hedges (2022-12-02). Richard Wolff: The Fed's response to inflation is another upward transfer of wealth. therealnews.com The Federal Reserve has responded to runaway inflation by hiking up interest rates at the same time that Americans are drowning in historic levels of personal debt. With interest rates up, prices will only rise faster than wages, hitting the vast majority of people with stagnant or declining wages in real terms. The result is yet another upward transfer of wealth to the minority of capitalists responsible for the crisis in the first place. Economist Richard Wolff joins The Chris Hedges Report to discuss the origins of the inflation crisis, the Fed's response, and what this all means for working people. | <...

Editor (2022-12-02). Evangelical Lobbying Threatens Supreme Court's Independence. scheerpost.com By Marjorie Cohn / Truthout Recent exposés have uncovered an emerging pattern of improper lobbying of right-wing Supreme Court justices by wealthy evangelicals. They reveal serious threats to the independence of the judiciary. But equally alarming is that the Supreme Court is unconstrained by a code of judicial ethics. From 1995 to 2018, the right-wing …

WSWS (2022-12-02). 2022 global art market benefits from an "explosion of wealth" at the top. wsws.org The "robust" character of the art market mirrors the stratospheric rise in the wealth of the world's richest people over the same period.

Carlos Edill Berríos Polanco (2022-12-02). Puerto Rico Debt Restructuring Delayed, Again. latinorebels.com Debt restructuring efforts for the Puerto Rico Electric Power Authority's $9 billion debt have come to a new standstill after almost six years of negotiation. Multiple failed attempts to exit bankruptcy have led nowhere.

Sharon Zhang (2022-12-02). Supreme Court Will Hear Arguments for Student Debt Cancellation in February. truthout.org The Supreme Court has agreed to take up a case originally filed by Republican-led states to challenge President Joe Biden's student debt cancellation plan in a case that will affect the bank accounts of tens of millions of people across the U.S. for years to come. The justices have fast-tracked the case and are slated to hear arguments in February. Until then, the cancellation plan will be on hold… |

_____ (2022-12-02). ÔªøDemocrats, Then Republicans Smite Rail Labor. popularresistance.org While Railroad Workers United (RWU) finds it despicable — but not surprising — that both political parties opted to side with Big Business over working people yesterday and vote against the interests of railroad workers – not once, but twice, within hours. We suffered a one-two punch at the hands of, first the Democratic Party; the second served up by the Republicans. | First, responding to the wishes of President Biden and House Speaker Nancy Pelosi, the House voted to legislate a contract that the majority of U.S. freight rail workers had previously voted to reject. The Senate would quickly follow s…

_____ (2022-12-02). NATO Members Discuss Ways To Confront China At Bucharest Summit. popularresistance.org NATO foreign ministers on Wednesday discussed ways to confront what they call the "challenge" posed by China as Secretary of State Antony Blinken is trying to convince alliance members to take a more hawkish stance toward Beijing. | "What we talked about today is‚Äâ.‚Äâ.‚Äâ.‚Äâworking to adapt in concrete ways to meet the challenge," Blinken said after the meeting. He said ways that European countries could take action against China is to use "export controls" to protect sensitive technology. | The North Atlantic military alliance officially decl…

Editor (2022-12-02). Putting 'Profits Over People', Senate Rejects Paid Sick Leave for Rail Workers. scheerpost.com "Senate Republicans and Joe Manchin have yet AGAIN failed working Americans by voting down seven days of paid sick leave for rail workers," lamented Rep. Jamaal Bowman.

WSWS (2022-12-02). Australia: Labor's new anti-strike industrial relations bill approved by parliament. wsws.org Hundreds of amendments, extra sitting days and horse-trading with an independent senator reflect the determination of Labor to urgently increase the capacity of the industrial courts and unions to crush a mounting wave of working-class unrest.

SAM (2022-12-02). Tax the Rich? We Did That Once. inequality.org

Sarah Anderson (2022-12-02). Railway Vote Benefits One of the Least Deserving Industries. inequality.org

Manuel Raposo (2022-12-02). Is Ukraine war at a turning point? workers.org Published on jornalmudardevida.net on Nov. 21, 2022. Translation: John Catalinotto. Lloyd Austin and Mark Milley said: Ukraine cannot expect a military victory. The information released in recent days about the war in Ukraine, although fragmentary and even contradictory, seems to point in one direction: the U.S. is pressuring Ukrainian leaders . . . |

Carter Dillard (2022-12-01). Populist climate action requires thinking about freedom from specific oppressors—not just species survival. nationofchange.org The climate crisis is a form of oppression by a wealthy few.

____ (2022-11-30). Forecasts suggest 2023 may be good for China GDP and local equities. ecns.cn China's economy is expected to rebound next year and sustain the rally in Chinese equities, though market volatility could remain elevated, prominent investment banks and wealth managers said on Wednesday.

Anjoulie Woodhead (2022-12-01). UN Climate Conference Agrees on Fund to Address Climate Change Impacts in Developing Count. indybay.org COP27 Agreement Asserts Climate Change Results in High Debts and Development Failures…

Brittani Banks (2022-12-01). 'The Ax Always Falls on the Most Vulnerable': Pakistan Demands Debt Cancellation and Climate Justice. independentmediainstitute.org Even as the floodwaters have receded, the people of Pakistan are still trying to grapple with the death and devastation the floods have left in their wake. The floods that swept across the country between June and September have killed more than 1,700 people, injured more than 12,800, and displaced millions as of November 18. …

Institute for Energy Economics, Financial Analysis (2022-12-01). Bondholders Hoping to Recover Bad Debt from Struggling Puerto Rico Ratepayers (OPINION). latinorebels.com Almost $9 billion in bad debt and a half-century of high electricity prices hang in the balance in Puerto Rico.

Fight Back (2022-12-01). Tallahassee FRSO hosts October Revolution event. fightbacknews.org Tallahassee, FL – On November 6, the Tallahassee District of the Freedom Road Socialist Organization held a celebratory meeting at Florida State University to honor the 105th anniversary of the October Revolution. | The October Revolution is the 1917 revolution that saw the overthrow of the czar, a Russian monarch, and the establishment of working-class power led by the Bolshevik party. | About a dozen or so students and community members gathered to learn about the October Revolution and the lessons it presents for today. | The event was facilitated by FRSO members Alex Carson, Regina Joseph and Delilah Pierre.

Peter Boyle (2022-12-01). The new protest wave in China. greenleft.org.au Peter Boyle spoke about the new wave of protests sparked by harsh anti-COVID-19 restrictions with Choo Chon Kai, who is working with the movement for democracy in China.

Peter Boyle (2022-12-01). Video: The new protest wave in China. greenleft.org.au Peter Boyle spoke about the new wave of protests sparked by harsh anti-COVID-19 restrictions with Choo Chon Kai, who is working with the movement for democracy in China.

Stansfield Smith (2022-12-01). Behind the Decline of the US Left. dissidentvoice.org The left has not become marginalized because of exhaustion or infighting. Its decline was caused by the US government's more than century long police state operations, purging the left from its historic home in the working class movement, so that it now has only tenuous connection with the organized working class. The national security state …

WSWS (2022-12-01). No COLA, No Contract! Build rank-and-file strike committees across UC campuses and beyond! For a counteroffensive against the attacks on the working class! wsws.org Our struggle is at a critical point, and the rank and file must organize to stop a repeat of the sellout of the 2020 wildcat COLA strike.

Amy Goodman (2022-12-01). Critics Slam NYC Plan to Involuntarily Hospitalize Those With Mental Illness. truthout.org New York Mayor Eric Adams announced this week that police and emergency medical workers will start hospitalizing people with mental illness against their will, even if they pose no threat to others. Rights groups and community organizations have slammed the move as inhumane and are demanding better access to housing and other support for people struggling with mental illness and homelessness. |

Dana Sanchez (2022-12-01). CEO Thought To Be Modern 'Crypto Madoff' Gets Claps, Sympathy After $Billions Go Missing. moguldom.com Former FTX CEO Sam "Crypto Madoff" Bankman-Fried was applauded Wednesday while being introduced during his most high-profile public appearance since his $32 billion crypto exchange declared bankruptcy on Nov. 7, burning customers. FTX allegedly misused customer funds with $8 billion still owed to those who are out-of-pocket. Bankman-Fried said he was going against lawyers' advice by …

WSWS (2022-12-01). German parliament declares 1930s famine in Ukraine a genocide: Falsification of history in the service of war propaganda. wsws.org The German parliament explicitly places the "Holodomor" on par with the Holocaust and the Nazi crimes against the Soviet Union. With this line of argument, the Bundestag places itself squarely in the tradition of the Ukrainian and international far right.

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