04/05/2020
Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package – a mere 5% – has been allocated to the 50 states; and they are not allowed to use it where they need it most, to plug the holes in their budgets caused by the mandatory shutdown.
Ellen Brown
On April 22, Senate Majority Leader Mitch McConnell said he was opposed to additional federal aid to the states, and that his preference was to allow states to go bankrupt.
No such threat looms over the banks, which have made out extremely well in this crisis.
The Federal Reserve has dropped interest rates to 0.25%, eliminated reserve requirements, and relaxed capital requirements. Banks can now borrow effectively for free, without restrictions on the money’s use.
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Posted in Market Lords, Others-USA-Europe-etc., The Peoples |
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04/05/2020
4 May 2020 (Human Rights Watch)* — As the Covid-19 pandemic rocks the United States, it is exposing cracks in the system. The differences often split along not just socio-economic but also racial lines. Who gets to work from home and still receive a paycheck? Which kids have computers they can use to access school online? And, crucially, who gets the best – or even adequate – health care?
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04/05/2020
UNITED NATIONS, New York (UNFPA)* – A clear view of the toll of the COVID-19 pandemic is only beginning to take shape, but experts estimate the human cost could be extraordinary. The economic and physical disruptions caused by the disease could have vast consequences for the rights and health of women and girls, a
new analysis by UNFPA and partners
shows.
Outreach workers in Syria are worried about the vulnerability of women and girls under curfew. © UNFPA Syria
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Posted in Africa, Asia, Latin America & Caribbean, Market Lords, Middle East, Migrants and Refugees, Others-USA-Europe-etc., The Peoples, War Lords |
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