Wednesday, November 01, 2017

The Guardian UK:
"In an analysis (pdf) published Thursday that throws into stark relief the 'unjust and unsustainable' nature of what economists have termed the New Gilded Age, the Swiss financial firm UBS found that the wealth of the world's billionaires grew by 17 percent in 2016, bringing their combined fortune to a record $6 trillion—more than double the gross domestic product of the United Kingdom.

The report also found that there are 1,542 billionaires in the world and more than 563 in the United States alone, more than any other country.
Josef Stadler, lead author of the UBS analysis, told the Guardian that the firm's findings demonstrate that the world is 'now two years into the peak of the second Gilded Age.' ...

But despite insistence from leading economists and institutions like the International Monetary Fund that raising taxes on the wealthy is necessary to shrink the growing gap between the billionaires and everyone else, many global powers are doing precisely the opposite."

-->The NYT didn't run this story. Nor did much of the US media. On to more tax cuts for the billionaires!

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Common Dreams:
"Human Rights Watch is calling for a congressional inquiry into an executive order aimed at the warrantless monitoring of U.S. citizens and permanent residents after obtaining new documents that raise serious and troubling concerns about the extent of such surveillance.

The human rights group used the Freedom of Information Act to obtain training materials used by the Defense Department to implement Executive Order 12333's guidance, in which agencies are directed to monitor potential "homegrown violent extremists. ...

On its website on Wednesday, HRW raised concerns 'about the methods and criteria the government may be using to define and identify 'homegrown violent extremists,' and particularly about the risk that people who are exercising their legitimate free-expression rights will be targeted for monitoring in a discriminatory or arbitrary manner.' "

-->The NYT didn't print this story either. Apparently, our newspaper of record is OK with warrantless monitoring.

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Common Dreams:
"Amid an ongoing battle within the Democratic National Committee between its progressive wing and the more 'centrist' establishment, a Harvard-Harris poll (pdf) published Tuesday found that a majority of Democrats think their party should be embracing grassroots movements, ditching its current leadership, and moving to the left. ...

The Harvard-Harris poll found that 69 percent of Democratic voters between the ages of 18 and 34 believe the party should embrace the leftward shift pushed by grassroots movements urging Democrats to back Medicare for All, free public college tuition, a $15 minimum wage, and a bevy of other progressive goals.

'Those results, taken together, appear to bolster the left's broad critique of the Democratic Party, which accuses the party of focusing too much on feuding with Trump and not enough on building a coherent vision for the left,' concluded Mic's Andrew Joyce."

-->The NYT doesn't focus on what the majority of Democrats want their party to do. It avoids running stories about reforming the party so it can give more space to Trump's feuding. The mainstream media does not want the corporate controlled Democratic Party to change. 

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