2023-03-12: News Headlines

Fight Back (2023-03-11). Job market renews slowdown in February. fightbacknews.org San José, CA – Cracks in economy began to show up as Silicon Valley Bank, based in Santa Clara, California, just north of San José, was shut down on Friday, March 10. The bank was the 18th largest bank in the United States, and mainly served high-tech startups, venture capitalists and wealthy individuals. | The recent slowdown in Silicon Valley and interest rate hikes by the U.S. central bank, the Federal Reserve, undid the bank. A run on the bank developed, as depositors pulled their money out of the bank. The bank was forced to sell U.S. government bonds at a loss because of higher interest rates and tried to r…

Andy Kroll (2023-03-11). Inside the Private Conservative Group That Promises to "Crush Liberal Dominance" truthout.org A few months ago, Leonard Leo laid out his next audacious project. Ever since the longtime Federalist Society leader helped create a conservative supermajority on the Supreme Court, and then received more than a billion dollars from a wealthy Chicago business owner to disburse to conservative causes, Leo's next moves had been the subject of speculation. Now, Leo declared in a slick but private… |

Ann Brown (2023-03-11). Psychopathic Wealthy Lawyer Convicted Of Murdering Family: A Black Man Did It, Not Me. moguldom.com Wealthy South Carolina lawyer Alex Murdaugh was convicted on March 2 of murder in the June 2021 shooting deaths of his 52-year-old wife, Maggie, and son Paul, 22. He also was found guilty of two counts of possession of a weapon during the commission of a violent crime. He has received two consecutive life sentences. …

Editor (2023-03-11). The 'Stop Cop City' Movement Roots Going Back Decades. scheerpost.com The Stop Cop City movement recalls Atlanta's 1996 Olympic bid and the city's long history of prioritizing tourists, business interests, and wealthy white communities over Black and working-class people…

americanthinker (2023-03-11). Joe Biden's Preposterous Student Loan Bailout. americanthinker.com This is no help for debt-ridden Americans. It is a carefully timed and unconscionable political stunt.

americanthinker (2023-03-11). The debt and the deficit: Where are we really? americanthinker.com How the current administration can spin poor numbers to somehow sound positive is simply amazing and should be discounted.

Fight Back (2023-03-11). Job market renews slowdown in February. fightbacknews.org San José, CA – Cracks in economy began to show up as Silicon Valley Bank, based in Santa Clara, California, just north of San José, was shut down on Friday, March 10. The bank was the 18th largest bank in the United States, and mainly served high-tech startups, venture capitalists and wealthy individuals. | The recent slowdown in Silicon Valley and interest rate hikes by the U.S. central bank, the Federal Reserve, undid the bank. A run on the bank developed, as depositors pulled their money out of the bank. The bank was forced to sell U.S. government bonds at a loss because of higher interest rates and tried to r…

Andy Kroll (2023-03-11). Inside the Private Conservative Group That Promises to "Crush Liberal Dominance" truthout.org A few months ago, Leonard Leo laid out his next audacious project. Ever since the longtime Federalist Society leader helped create a conservative supermajority on the Supreme Court, and then received more than a billion dollars from a wealthy Chicago business owner to disburse to conservative causes, Leo's next moves had been the subject of speculation. Now, Leo declared in a slick but private… |

Ann Brown (2023-03-11). Psychopathic Wealthy Lawyer Convicted Of Murdering Family: A Black Man Did It, Not Me. moguldom.com Wealthy South Carolina lawyer Alex Murdaugh was convicted on March 2 of murder in the June 2021 shooting deaths of his 52-year-old wife, Maggie, and son Paul, 22. He also was found guilty of two counts of possession of a weapon during the commission of a violent crime. He has received two consecutive life sentences. …

Editor (2023-03-11). The 'Stop Cop City' Movement Roots Going Back Decades. scheerpost.com The Stop Cop City movement recalls Atlanta's 1996 Olympic bid and the city's long history of prioritizing tourists, business interests, and wealthy white communities over Black and working-class people…

americanthinker (2023-03-11). Joe Biden's Preposterous Student Loan Bailout. americanthinker.com This is no help for debt-ridden Americans. It is a carefully timed and unconscionable political stunt.

americanthinker (2023-03-11). The debt and the deficit: Where are we really? americanthinker.com How the current administration can spin poor numbers to somehow sound positive is simply amazing and should be discounted.

Chris Hedges, The Real News Network. (2023-03-12). Chris Hedges Report: Kshama Sawant's New 'Workers Strike Back' Coalition. popularresistance.org After a decade on Seattle City Council, socialist Kshama Sawant is declining to seek reelection and will instead launch a new national coalition called Workers Strike Back this March in cities around the US. The goal of Workers Strike Back is to build an independent workers' movement that fights for the interests of the working class, rather than the agenda of either corporate party. This coalition will organize for a $ 25 an hour minimum wage, build grassroots labor unions, fight for a clean energy transition, battle anti-trans and anti-LGBTQ legislation, and more.

Lambert Strether, Naked Capitalism. (2023-03-11). Silicon Valley Bank Fails; Deposits Of Venture-Backed Companies Frozen. popularresistance.org Silicon Valley Bank, the 16th largest in the US, was shut down and put under the control of California Department of Financial Protection and Innovation on Friday. This failure is set to send ripples across smaller technology companies. Even though there is good reason to think that uninsured depositors will eventually be made whole or nearly whole, some may have had so much of their working funds tied up at Silicon Valley Bank that it may be hard for them to find work-arounds, particularly with so many other companies in the same pickle. While is it is likely someone will cobble together financing, at what speed…

mforinoco (2023-03-11). Travels Through El Perú Profundo. orinocotribune.com By Clau O'Brien Moscoso — Mar 8, 2023 | The people of Peru continue to protest the coup which ousted President Pedro Castillo Terrones. Clau O'Brien Moscoso reports from Peru. A Spanish translation follows. | National Strike, Day 61: | I embark at 5pm from the center of Lima headed to Juliaca, Puno. The lady working at the bus depot assures me it will only be 21 hours, but the bloqueos (roadblocks) in Puno have made it nearly impossible to travel through the southernmost region. At the end of the day, I can only admire the resistance of Puno that saw its bloodiest day on January 9th, with 18 murdered in the…

Peoples Health Dispatch (2023-03-11). International Working Women's Day in Uruguay is the culmination of decades of mobilization. peoplesdispatch.org Feminist collectives in Uruguay held another day of action on March 8, building on decades of mobilization for women's rights in the country…

Thomas Pedrotti (2023-03-11). Private train companies threaten lives and livelihoods of working people. liberationnews.org Train derailments are common, but they are not inevitable except under the profits-over-people system of capitalis.

Editor (2023-03-11). The Chris Hedges Report: Kshama Sawant's New 'Workers Strike Back' Coalition Will Fight for $25 Minimum Wage and More. scheerpost.com Socialist Seattle City Council member Kshama Sawant is launching a national coalition called Workers Strike Back to fight for wages, universal healthcare, LGBTQ rights, a clean energy transition, and more.

Santa Cruz Food Not Bombs (2023-03-12). We Demand Santa Cruz City and County Officials Open 24 Hour Emergency Shelters Now! indybay.org Protect the Homeless from the Ravages of the Atmospheric River…

Mickey Z. (2023-03-11). That Time a Homeless Woman's Prayer was Answered… dissidentvoice.org I've written about B before. She's a homeless woman I knew through my project. But here's a little reminder of her backstory: B lost both her legs in a subway accident. When I met her, she was living in a medical homeless shelter and panhandling daily in a wheelchair. B has four kids who, for …

americanthinker (2023-03-12). It's a miracle! Media reports attest murdered unborn child is a 'person'. americanthinker.com Cognitive dissonance (and inequality) reign supreme with the Democrats.

Victoria Koski-Karell (2023-03-11). Colonialism Created Food Insecurity in Haiti, Now Climate Change Compounds It. truthout.org As the planet faces more climate-driven disasters, we must prioritize the safety and wellbeing of populations most vulnerable to their effects. Extreme heat, droughts, floods and storms are becoming more frequent and intense worldwide while human industry, resource extraction, consumption and carbon emissions contribute to rapidly warming temperatures and rising seas. Amid this massive and… |

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