Thursday, June 7, 2018

Fed Up With Big Banks That Fund Climate Crisis and Oppression, Community Coalition Demands Public Bank for New York












"It's time New York City puts its money where its mouth is, divests from Wall Street, and—through a public bank—invests in us."










Chanting, "Wells, Chase, B of A, public bank's a better way!" social justice groups rallied at the New York Stock Exchange on Tuesday to demand that New York City divest from Wall Street banks and establish a public bank that is "expressly chartered to serve the public interest."

"New York deserves a public bank that will invest in community needs, and be accountable to New York City residents—one that will prioritize housing...and not prey on low-income New Yorkers," said Scott Hutchins, a member of the grassroots social justice group Picture the Homeless.

The more than two dozen groups that gathered on Wall Street also included New York Working Families, the Pan-African Community Development Initiative, and Food & Water Watch.

Investment in Wall Street banks like Wells Fargo, Bank of Americas, and JPMorgan Chase is synonymous with harming the environment, propping up private prisons, and putting working families at risk for financial collapse as well as pushing them out of New York neighborhoods, argued the groups.

The rally came days after the Trump administration announced it would roll back the Volcker Rule, which since 2014 has prohibited banks from using their accounts to conduct risky, speculative trading, in an effort to avoid another financial meltdown like the one that threw the country into a recession in 2008. 

"With the Trump Administration and Congress handing out massive corporate tax breaks, rolling back federal financial reform, and gutting the Consumer Financial Protection Bureau, Wall Street is heading straight for another crisis," said Deyanira Del Rio, Co-Director of New Economy Project. "A public bank will allow New York City to deposit our public money with a bank that belongs to New Yorkers."

The crowd also heard from a Brooklyn resident whose rent has doubled in recent years and who spoke about the exorbitant fees New Yorkers pay to big banks every year, a student who spoke out against predatory loan practices and Wall Street's investment of billions of dollars in fossil fuels that accelerate and worsen the climate crisis, and a social justice activist who told the crowd of JPMorgan Chase's support for private prisons.

"As long as the city continues to deposit its money in prison financiers like JPMorgan Chase, we will remain complicit in systems of oppression that profit off of incarcerating our communities," said Bamsa Eid of the racial and economic justice group Enlace. "It's time New York City puts its money where its mouth is, divests from Wall Street, and—through a public bank—invests in us."

A public bank would allow New York's public money to go towards investing in small businesses run by locals, low-income housing, and financial services to immigrant and low-income communities.

"Here's the deal: New York City currently deposits billions of public dollars in the big Wall Street banks," said Stephan Edel, director of New York Working Families. "These bankers make millions off these deposits and high fees, while providing little benefit to the City, small businesses, and residents of New York. Our money should be put to use in our communities."







































Despite Rightwing Fearmongering, Experts Say Now Is the Time to Expand Social Security











"Social Security is a solution to our looming retirement income crisis, the increasing economic squeeze on middle-class families, and the perilous and growing income and wealth inequality."






by
Jake Johnson, staff writer






































https://www.commondreams.org/news/2018/06/05/despite-rightwing-fearmongering-experts-say-now-time-expand-social-security?utm



















As corporate media outlets predictably trumpeted the right-wing narrative that Social Security is in dire financial straits after the Social Security Trustees' annual report was released on Tuesday, advocacy groups and experts were quick to denounce the fearmongering and correct the record, arguing that the new analysis shows the program is "stronger than ever."









"Each year, the release of the trustees report provides an occasion for Social Security scaremongering by those wanting to shrink our social insurance system," Monique Morrissey, an economist with the Economic Policy Institute, noted in a blog post on Tuesday. "But not only can we afford current benefits, we can afford to expand them."







In addition to demonstrating that "there is sufficient revenue to pay for all benefits until 2034" even if Congress does nothing, Social Security Works president Nancy Altman said the Trustees' report clearly demonstrates that an ambitious expansion of Social Security benefits is also both affordable and desirable.







"Poll after poll shows that the American people overwhelmingly support expanding the program's benefits," Altman noted in a statement. "Social Security is a solution to our looming retirement income crisis, the increasing economic squeeze on middle-class families, and the perilous and growing income and wealth inequality."







"In light of these challenges and Social Security's important role in addressing them, the right question is not how can we afford to expand Social Security, but, rather, how can we afford not to expand it," Altman concluded.







The Trustees' annual report comes amid a relentless push by the GOP-controlled Congress and the Trump administration to slash Social Security benefits—along with Medicare, Medicaid, and food stamps—after delivering $1.5 trillion in tax cuts to the wealthiest Americans.







In a petition demanding immediate congressional action to expand Social Security benefits, SSW communications director Linda Benesch noted that "all we need is for the wealthy to pay their fair share and we can afford to not only extend the lifespan of the trust fund, but expand benefits for millions of Americans."







"We can afford to protect and expand Social Security when millionaires and billionaires pay the same rate as the rest of us," the petition concludes.

Vowing to 'Padlock Revolving Door' in DC, Warren Teases New Anti-Corruption Legislation






"The Trump administration and an army of lobbyists are determined to rig the game in their favor, to boost their own profits—the cost to consumers be damned," the senator says





"Change is coming," Sen. Elizabeth Warren (D-Mass.) declared Tuesday at a War on Regulations symposium hosted by the Coalition for Sensible Safeguards and Georgetown University Law School. In her live-streamed speech, Warren revealed plans to introduce anti-corruption legislation to protect the American public from the Trump administration's corporate-friendly deregulatory agenda.


"When we send a message that corporate profits and powerful interests cannot overpower the health, safety, and economic well-being of hardworking families, we fire a warning shot," she said. "This is our time, our responsibility, our chance to build a country where government works, not just for the rich and powerful, but government that works for the people."

In her 30-minute address, Warren highlighted the Trump administration's efforts to defang the Consumer Financial Protection Bureau (CFPB), an agency she helped establish. "The agency is under attack now. The Trump administration and an army of lobbyists are determined to rig the game in their favor, to boost their own profits—the cost to consumers be damned," she warned.

"But it's not just the CFPB that is under attack. In agency after agency across the federal government, powerful corporations and their Republican allies are working overtime to roll back basic rules that protect the rest of us," Warren continued. "Giant corporations and wealthy individuals are working in the shadows to make sure that government works for them, not for the people."

As an example, Warren pointed to Environmental Protection Agency (EPA) Administrator Scott Pruitt. "Corruption oozes out of his office, from wasting hundreds of thousands of taxpayer dollars to cutting deals to make himself rich to doing the bidding of the highest-paid lobbyists," she said, noting his attacks on the Clean Water Rulepesticide safety, the Clean Power Planvehicle emissions caps, and methane emissions limits.

The senator rebuffed the GOP's favored narrative that regulations hinder businesses and individual freedom—calling that claim "a greasy baloney sandwich that has been left out in the sun so long that it has started to stink." She also detailed the importance of regulations throughout American history and argued that "good rules empower people to live, work, and do business freely and safely."

In response to the ongoing deregulatory efforts of wealthy "corporate predators"—which Warren noted have continued since the Reagan administration under presidents from both parties—the senator said she will soon introduce "sweeping anti-corruption legislation to clean up corporate money sloshing around Washington and make it possible for our elected government to actually work for the American people again."

"My plan will padlock the revolving door between government and industry," she vowed. "It will eliminate the ability of government decision-makers to enrich themselves through their government service. It will empower federal agencies pass strong regulations that benefit the public by ending corporate capture of the regulatory process."

In addition to Warren's address, the symposium featured two panels: one focused on the deregulatory agenda the Trump administration has imposed at federal agencies, and one focused on the communities that have suffered under that agenda. Participants included former EPA scientist Betsy Southerland; Public Citizen president Robert Weissman; and Heidi Shierholz, the senior economist and director of policy at the Economic Policy Institute.






















Jennifer Lawrence: Yes on Question 1 - Protect Rank Choice Voting in Maine












https://act.represent.us/sign/MaineRCV/?t=9&akid=20458%2E644152%2EnMJeIF






















Fighting Back Against the Establishment

Politicians are trying to take away the people’s power in Maine - and voters are fighting back. In November of 2016, 388,273 Mainers voted yes to adopt Ranked Choice Voting (RCV), and three other measures – but within weeks, incumbent politicians tampered with or outright repealed all four of the citizen-backed initiatives. However, Maine’s constitution allows for a “People’s Veto” – a process that allows residents who are unhappy with an enacted state law to put that law up for a statewide vote. Now, two years later, residents are saying ‘no more’ with this people’s veto. Mainers gathered over 80,000 signatures in 88 days to put RCV back on the June 12th ballot.



























Wednesday, June 6, 2018

'Liberal elites have lost contact with ordinary people' – Žižek on right-wing rise in Europe







https://www.youtube.com/watch?v=V3wwYxQUSL8






























































To understand what just happened in Slovenia, you have to go back to Donald Trump and Roseanne Barr











When you accept where the left is going wrong, you see why the right is gaining votes

Slavoj Žižek



Nothing unexpected happened in the Slovene elections: although the anti-immigrant nationalist-populist Slovene Democratic Party (SDS) of Janez Jansa emerged as the strongest single party, the ruling centre-left coalition got many more votes. After a protracted bargaining, this coalition will probably continue to rule and, through its lack of vision, corruption scandals, and so on, make it sure that SDS will remain a convenient “fascist” threat, a scare ready to be evoked every four years in order to blackmail the majority of voters to elect the same “anti-fascist” pseudo-left.

So let’s first take a look at the ideology of SDS. Two years ago, a text appeared in Demokracija(25 August 2016), the SDS weekly, written by Bernard Brscic, one of its main ideologists. He wrote: “George Soros is one of the most depraved and dangerous people of our time,” responsible for “the invasion of the negroid and Semitic hordes and thereby for the twilight of the EU… as a typical talmudo-Zionist, he is a deadly enemy of the Western civilisation, nation state and white, European man.” 

His goal, Brscic went on, is to build a “rainbow coalition composed of social marginals like faggots, feminists, Muslims and work-hating cultural Marxists” which would then perform “a deconstruction of the nation-state, and transform EU into a multicultural dystopia of the United States of Europe.” Furthermore, he wrote, Soros is inconsistent in his promotion of multiculturalism: “He promotes it exclusively in Europe and the US, while in the case of Israel, he, in a way which is for me totally justified, agrees with its monoculturalism, latent racism and building a wall. In contrast to EU and US, he also does not demand from Israel to open its borders and accept ‘refugees’. A hypocrisy proper to Talmudo-Zionism.”

SDS also sympathises with Donald Trump – not least because his wife Melania is of Slovene origins – so it is crucial to look at how Slovenia fits into the ongoing tensions between EU and the US. 

After Trump fired the opening shot in the trade war with three of its biggest trading partners by deciding to begin levying tariffs on imports of steel and aluminium from the EU, Canada and Mexico, the question is: will he get his comeuppance? Neither Russia nor China can do this – they are caught in the same game as Trump, they basically all speak the same language of “America (Russia, China…) first.” Only Europe can deliver it, and the new situation offers Europe a unique chance to assert itself as a sovereign power block and to act as if the pact with Iran is still valid. But in this new world of rising popularism, does Europe have enough strength and unity to do it?

Will the new Eastern European post-communist “axis of evil” (stretching from the Baltic States to Slovenia and Croatia) follow the EU resistance to the US, or will it bow to the US and thus provide yet another proof that the quick expansion of the EU to the east was a mistake?

The populist revolt across Europe has been triggered by the fact that people trust less and less the Brussels technocracy, experiencing it as a centre of power with no democratic legitimisation. The result of the Italian elections last week marked the first time in a developed western European country that Eurosceptic populists came properly to power.

There is little doubt that issues of the largely ignored working class are driving both Euroscepticism and support of Trump in the US, with global ramifications. Consider the current uproar in the US over the abrupt cancellation of ABC’s hit TV show Roseanne because of a racist tweet by the show’s star Roseanne Barr. In a column titled “With Roseanne Barr gone, will the US working-class be erased from TV?”, Joan Williams argues that the left should finally start to listen to the white working class. The cancellation “deprived American television of one of the only sympathetic depictions of white working-class life in the past half century – in other words, since television began,” she writes. 

Williams unambiguously supports the exclusion of Barr on account of her racist tweets – but she adds: “Virtually all Americans born in the 1940s earned more than their parents; today, it’s less than half. The rust belt revolt that brought both Brexit and Trump reflects rotting factories, dying towns, and a half century of empty promises. Those left behind are very, very angry; Trump is their middle finger. The more he outrages coastal elites, the more his followers gloat they got our goat. Finally, they are being noticed.”

And it is crucial to read Trump’s tariff war with the closest allies of the US against this background: in his populist version of class warfare, Trump’s goal is (also) to protect the American working class (and are metal workers not one of the emblematic figures of the traditional working class?) from “unfair” European competition, thereby saving American jobs. This is why all the protests of public officials and economists in EU, Canada and Mexico, as well as the countermeasures proposed by them, miss the target: they follow the WTO logic of free international trade, while only a new left addressing the concerns of all those left behind can really counter Trump. 

At some deep and often obfuscated level, US neocons perceive the EU as enemy number one. This perception explodes in its underground obscene double, the extreme right Christian fundamentalist political vision with its obsessive fear of the New World Order (Obama is in secret collusion with the United Nations; international forces will intervene in the US and put in concentration camps all true American patriots – a couple of years ago, there were rumours that Latin American troops were already in the Midwest plains, building concentration camps). 

Hardline Christian fundamentalists like Tim LaHaye and his ilk subscribe to this kind of thinking wholesale. The title of one of LaHaye’s books is The Europa Conspiracy, and it argues that the true enemies of the US are not Islamist terrorists – they are merely puppets secretly manipulated by the European secularists, the true forces of the anti-Christ who want to weaken the US and establish the New World Order under the domination of the United Nations. In one very strange way, LaHaye is right: Europe is not just another geopolitical power block, but a global vision which is ultimately incompatible with strong nation-states.

And this brings us back to Slovenia where nothing special happened, where the same battle rages as all around Europe: SDS also portrays itself as the defender of ordinary working people against the corrupted, non-patriotic elite. The problem of Europe is to remain faithful to its emancipatory legacy threatened by the conservative, populist onslaught – and only a renewed left can do it.

In Slovenia, a new party called simply Levica (Left) also entered parliament this time around with almost 10 per cent of the votes. This party is for the time being the only glimmer of hope: it is the only actor on the political stage which escapes the vicious cycle of the anti-immigrant right and the pseudo-left, these two hands which, as in Escher’s famous image, permanently draw each other as a scarecrow to justify their own existence.






















Tuesday, June 5, 2018

In Unanimous Vote, House Says No Legal Right to Attack Iran



















In a little noticed but potentially monumental development, the House of Representatives voted unanimously for an amendment to the National Defense Authorization Act of 2019 (H.R. 5515) that says no statute authorizes the use of military force against Iran.

The amendment, introduced by Rep. Keith Ellison (D-Minnesota), states, “It is the sense of Congress that the use of the Armed Forces against Iran is not authorized by this Act or any other Act.”

A bipartisan majority of the House adopted the National Defense Authorization Act on May 24, with a vote of 351-66. The bill now moves to the Senate.

If the Senate version ultimately includes the Ellison amendment as well, Congress would send a clear message to Donald Trump that he has no statutory authority to militarily attack Iran.

This becomes particularly significant in light of Trump’s May 8 withdrawal from the Iran nuclear deal. That withdrawal was followed by a long list of demands by Secretary of State Mike Pompeo, which could set the stage for a US attack on Iran.

Co-sponsors of the Ellison amendment include Reps. Barbara Lee (D-California), Ro Khanna (D-California), Jan Schakowsky (D-Illinois), Jim McGovern (D-Massachusetts) and Walter Jones (R-North Carolina).

“The unanimous passage of this bipartisan amendment is a strong and timely counter to the Trump administration’s withdrawal from the Iran deal and its increasingly hostile rhetoric,” Ellison said in a press release. “This amendment sends a powerful message that the American people and Members of Congress do not want a war with Iran. Today, Congress acted to reclaim its authority over the use of military force.”

Likewise, Khanna stated, “The War Powers Act and Constitution is clear that our country’s military action must first always be authorized by Congress. A war with Iran would be unconstitutional and costly.”

McGovern concurred, stating, “Congress is sending a clear message that President Trump does not have the authority to go to war with Iran. With President Trump’s reckless violation of the Iran Deal and failure to get Congressional approval for military strikes on Syria, there’s never been a more important time for Congress to reassert its authority. It’s long past time to end the White House’s blank check and the passage of this amendment is a strong start.”

Moreover, the Constitution only grants Congress the power to declare war. And the War Powers Resolution allows the president to introduce US Armed Forces into hostilities or imminent hostilities only after Congress has declared war, or in “a national emergency created by attack upon the United States, its territories or possessions, or its armed forces,” or when there is “specific statutory authorization.”

But even if the Ellison amendment survives the Senate and becomes part of the National Defense Authorization Act, Trump would likely violate it. He could target Iranian individuals as “suspected terrorists” on his global battlefield and/or attack them in Iran with military force under his new targeted killing rules.

Unilateral Sanctions Against Iran Are Illegal

Although the Ellison amendment states that no statute authorizes the use of US armed forces in Iran, it does not prohibit the expenditure of money to attack Iran. Nor does it proscribe the use of sanctions against Iran.

In fact, other amendments the House adopted mandate the imposition of sanctions against Iran.

An amendment introduced by Rep. Peter Roskam (R-Illinois) reflects the sense of Congress that “the ballistic missile program of Iran represents a serious threat to allies of the United States in the Middle East and Europe, members of the Armed Forces deployed in those regions, and ultimately the United States.”

The Roskam amendment then states the US government “should impose tough primary and secondary sanctions against any sector of the economy of Iran or any Iranian person that directly or indirectly supports the ballistic missile program of Iran as well as any foreign person or financial institution that engages in transactions or trade that support that program.”

And the House mandated the imposition of sanctions against people connected to named groups in Iran that “commit, threaten to commit, or support terrorism,” in an amendment introduced by Rep. Ted Poe (R-Texas).

When Trump announced his withdrawal from the Iran nuclear deal, he also reinstated US nuclear sanctions and “the highest level” of economic restrictions on Iran. Those sanctions could remove over one million barrels of Iran’s oil from the global market.

The unilateral imposition of sanctions by the United States, without United Nations Security Council approval, violates the UN Charter. Article 41 empowers the Council, and only the Council, to impose and approve the use of sanctions.

The other parties to the Joint Comprehensive Plan of Action, the formal name for the Iran deal, oppose ending it. Known as P5+1, they include the permanent members of the Security Council — the US, the United Kingdom, Russia, France and China — plus Germany, as well as the European Union.

At a minimum, France, Italy, Germany and the United Kingdom are not likely to cooperate with the US’s re-imposition of sanctions.

Trump Administration Gunning for War on Iran and Regime Change

Before Trump withdrew from the Iran nuclear agreement, Iran was complying with its obligations under the pact.

Once Trump named John Bolton, notorious for advocating regime changein Iran, as national security adviser, it was a foregone conclusion the United States would pull out of the pact.

Pompeo also supported renunciation of the deal. His over-the-top demands on Iran include the cessation of all enrichment of uranium, even for peaceful purposes (which is permitted by the Nuclear Nonproliferation Treaty).

“Taken together, the demands would constitute a wholesale transformation by Iran’s government, and they hardened the perception that what Trump’s administration really seeks is a change in the Iranian regime,” the Associated Press reported.

Jake Sullivan, who served in the Obama administration and was Hillary Clinton’s lead foreign policy advisor during the presidential campaign, said of the Pompeo demands, “They set the bar at a place they know the Iranians can never accept.”

Ellie Geranmayeh, a fellow at the European Council on Foreign Relations, called the demands “conditions of surrender.”

Meanwhile, it is unclear how long it will take to reconcile the House and Senate versions of the National Defense Authorization Act. Constituents who become aware of the risk of a US attack on Iran will invariably lobby their senators to include an admonition comparable to the House’s Ellison amendment.