Wednesday, January 31, 2018

Common Dreams:
"A group of nearly a dozen Senate Democrats is teaming up with President Donald Trump and the GOP in an aggressive push to gut Wall Street regulations, and thanks to a new campaign launched on Friday by the anti-corruption organization Rootstrikers, this group has a name: 'The Bailout Caucus.'

In total, 11 Democratic senators and Angus King (I-Maine) are joining hands with Republicans to push through GOP-crafted legislation (S.2155) that progressive Democrats and Wall Street critics say will undermine crucial post-financial crisis regulations, roll back consumer protections, and open the door to another crash.

'This bill increases the risk of another taxpayer bailout, and I will continue to challenge supporters of this bill—from both parties—to explain why they stand on the side of big banks instead of working families.' —Sen. Elizabeth Warren"

-->No question which side The NYT stands on. This story wasn't covered.

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Common Dreams:
"Sen. Bernie Sanders's (I-Vt.) town hall on Medicare for All drew more than one million online viewers in addition to the hundreds of attendees who packed an auditorium at the U.S. Capitol to capacity.

Speaking with multiple panels featuring single-payer healthcare advocates and experts—including Dr. Don Berwick, who oversaw Medicare and Medicaid under President Barack Obama—Sanders moderated a nearly two-hour discussion about the failures of the current U.S. healthcare system and how its costs and outcomes compare to those in countries with universal healthcare. ...

In his closing remarks, Sanders noted that a town hall broadcast exclusively online was necessary to provide viewers with the facts on Medicare for All. Although 53 percent of Americans now support government-funded healthcare for all, he said, corporate media outlets hardly cover the issue.

-->The most popular politician in America has to go online for any coverage at all. Of course, our "newspaper of record" didn't cover this story. It didn't cover Bernie when he ran for president. That is what reporting looks like when newspapers are in bed with the insurance, pharmaceutical, and healthcare industries.

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Common Dreams:
"Charles Koch and David Koch, the billionaire industrialists and right-wing mega-donors, stand to save between $1 billion and $1.4 billion in income taxes each year from the tax law passed last month by Republican lawmakers and signed by President Donald Trump, according to a new analysis out Wednesday.
The new report by the Americans for Tax Fairness details how those estimated tax savings would come from a combinations of the Koch's personal liabilities and that of the business empire, Koch Industries. And while based on available financial data, the analysis, the group explained, 'does not count how much the brothers might save in taxes on offshore profits or how much their heirs will benefit from weakening the estate tax.'

What they do save in annual taxes, ATF argues, should be recognized for what it is: a return on investments made by funneling huge amounts of money to Republican lawmakers [who] voted in favor of the law and outside political groups who lobbied on its behalf."

-->Readers of the NYT are spared the venal workings of our nation's kleptocracy. It didn't cover this story.

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