How to deal with pandemic profiteering

For anyone who doesn't have his head permanently up the billionaires' butts, this makes complete sense.

America's 651 billionaires have gained so much wealth during the coronavirus pandemic that they could fully pay for one-time $3,000 stimulus checks for every person in the United States and still be better off than they were before the crisis.

That's according to new research released Wednesday by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS), groups that have been tracking the "pandemic profits" of U.S. billionaires since mid-March.

In the nearly nine-month period between March 18 and December 7, American billionaires gained more than $1 trillion in wealth as people across the U.S. lost their jobs, their businesses, their homes, and their lives to the pandemic. The collective net worth of U.S. billionaires now sits just above $4 trillion—nearly double the combined wealth owned by the bottom 50% of the American population. - Common Dreams

Worse than Betsy DeVos, for public schools?

Believe it or not, such a thing is possible.

When a Biden victory in the 2020 presidential election became certain, supporters of public education gleefully took to social media to say good riddance to U.S. Secretary of Education Betsy DeVos. DeVos came into office with an agenda to further the privatization of public education by expanding charter schools and by encouraging families to opt out of public schools by any means possible. During her tenure, she effectively used her bully pulpit to cheer on efforts by Republican state lawmakers to expand various forms of voucher programs that give parents public money to homeschool their children or send them to private schools. She awarded many of the nation's largest charter school chains with millions in federal funding, and she used the pandemic as an opportunity to redirect emergency funds for public schools to private schools and internet-based instruction—all the while refusing to even visit struggling public schools.

Biden is expected to oppose voucher programs and limit the growth of the charter school industry. But despite the promising prospect of a transition from DeVos to a Biden administration, progressive public school advocates can't afford to overlook a threat to democratically governed schools that preceded DeVos and will continue when she is long gone.

In midsized metropolitan areas like Indianapolis and Stockton, California, parents, teachers, and public school advocates warn of huge sums of money coming from outside their communities to influence local politics and bankroll school board candidates who support school privatization. In phone conversations, emails, and texts, they point to a national agenda, backed by deep-pocketed organizations and individuals who intend to disrupt local school governance in order to impose forms of schools that operate like private contractors rather than public agencies—an agenda not dissimilar from that of DeVos. - Jeff Bryant/AlterNet

Will farmers get a better deal?

Yesterday I had occasion to take a back roads drive, mostly through Benton and Morrison Counties. Plenty of country folks are still displaying their Trump signs and flags. None of my business, what they put in their yards.

A farm economy awash in an unprecedented infusion of public dollars directed by the Trump administration could face a reckoning soon. Close to $40 billion in agriculture-related payments this year mask structural problems in a badly broken market that doesn’t pay most farmers enough to continue farming. New leadership in the White House and congressional agriculture committees should act to fix a policy framework that has greatly benefited global grain and meat companies at the expense of farmers before these ad hoc Trump payments disappear.

The massive public payments over the last three years help conceal how little farmers have made from the market. The USDA projects median farm income in 2020 will be $934, up from $296 in 2019. Median farm income has been negative from 1996 through 2018. Farm debt is forecast to rise to a record $433 billion in 2020, according to the Congressional Research Service. The farm asset to debt ratio is up 14%, the highest since 2003 after rising steadily over the last eight years. Approximately 8% of loans are in poor condition, double the rate in 2014, according to the Farm Credit Council.

It is off-farm jobs, often coming with a health care plan, that keep most farm families going. - IATP

Will anything change about America's Forever Wars?

This is something of a downer, but I have to do what I can to amplify it anyway, because it's a critical issue.

In this mystifying moment, the post-electoral sentiments of most Americans can be summed up either as “Ding dong! The witch is dead!” or “We got robbed!” Both are problematic, not because the two candidates were intellectually indistinguishable or ethically equivalent, but because each jingle is laden with a dubious assumption: that President Donald Trump’s demise would provide either decisive deliverance or prove an utter disaster.

While there were indeed areas where his ability to cause disastrous harm lent truth to such a belief -- race relations, climate change, and the courts come to mind -- in others, it was distinctly (to use a dangerous phrase) overkill. Nowhere was that more true than with America’s expeditionary version of militarism, its forever wars of this century, and the venal system that continues to feed it.

For nearly two years, We the People were coached to believe that the 2020 election would mean everything, that November 3rd would be democracy’s ultimate judgment day. What if, however, when it comes to issues of war, peace, and empire, “Decision 2020” proves barely meaningful? After all, in the election campaign just past, Donald Trump’s sweeping war-peace rhetoric and Joe Biden’s hedging aside, neither nuclear-code aspirant bothered to broach the most uncomfortable questions about America’s uniquely intrusive global role. Neither dared dissent from normative notions about America’s posture and policy “over there,” nor challenge the essence of the war-state, a sacred cow if ever there was one. - TomDispatch

Who Biden picks as trade representative will say a lot

This article is a really good overview.

For several presidencies, including those of Obama and Clinton, the U.S. trade representative has been keeper of the orthodoxy. U.S. policies ignored the fate of domestic manufacturing. Instead, they pursued a brand of globalism by and for multinational corporations, especially financial ones.

Biden’s USTR nominee will signal whether he is serious about rebuilding U.S. industry and jobs. - The American Prospect

Pandemic profiteering should be a much bigger story

A lot of people seem to be just resigned to this. A lot of others apparently honestly believe that backing the likes of Trump is the way to change it. It's all really unfortunate.

As over a thousand people in the U.S. alone die each day during the deadliest pandemic in a century, plutocrats and their businesses are thriving like never before, in no small part due to a system rife with profiteering, opportunism, and worker exploitation. So says the report, entitled Billionaire Wealth vs. Community Health: Protecting Essential Workers from Pandemic Profiteers, which focuses on 12 of the most egregious pandemic profiteers—the "Delinquent Dozen"—who include the owners of Walmart and the CEOs of Amazon and Target.

These companies and their owners and executives have benefited from their "monopoly positions," the report states, but their success "hasn't translated into better pay or safer working conditions for the employees showing up to work in a pandemic." - Common Dreams

Look forward, and back, and investigate, and indict

I don’t expect President-elect Biden to make it all about investigating and prosecuting Trump and Trumpers, either. But he can do nothing better for this country than anything that advances the political destruction of right-wing conservatism. Full accountability, no mercy.

In some ways, it makes perfect sense that Biden doesn't want his entire presidency consumed by probes into Trump, his minions, and an inevitable cycle of recriminations. But Donald Trump so misused and abused the federal government that his entire tenure represents an assault on American democracy itself, not to mention a series of crimes against humanity, ranging from literally ripping children away from their parents and caging them to intentionally slaughtering hundreds of thousands of Americans through coronavirus denialism and weaponization of disinformation.

For those reasons, Trump and those who did his bidding must be held to account through both criminal inquiries and uncovering information that could mar the reputations of certain individuals for life. This is absolutely critical to preserving the integrity of our republic moving forward. Using the U.S. government to commit crimes against humanity cannot be tolerated at any level.

Biden can preach unity all he wants, but it is incumbent upon the incoming administration to make it glaringly clear that efforts to subvert our democracy and use the federal government for malign political purposes carry with them a steep cost for everyone involved. This is a fundamental part of safeguarding our democracy. Otherwise, the next autocrat—who will surely be far more competent than Trump—won't think twice before trodding the same paths Trump did, but with greater efficacy and fervor. - Daily Kos