BC ECONOMY
Saved by @jay_millerjay

🚨🚨🚨 ANNOUNCEMENT 🚨🚨🚨

@AyannaPressley Unveils Historic Federal Job Guarantee

 The resolution draws on historical Civil Rights leaders like Coretta Scott King & economists like Sadie Alexander, & is supported by a wide coalition including @policylink, @NatlJobsForAll, @thepublicmoney, @SEIU, @sunrisemvmt, @CPDAction, @ACREcampaigns, @ourmoneyus, @NelpNews
@AyannaPressley: “It’s time to establish a legal right to a job for all people in America. For years, we have legislated hate, harm & injustice ... It’s long past time to pursue bold, intentional policies that affirm equity & recognize the dignity & humanity of all people.”
@AyannaPressley: "A federal job guarantee is an important investment in the American people, our communities, & an equitable economy that works for all. It affirms the right to meaningful, dignified work & a living wage."
@AyannaPressley: "I’m proud to build upon & honor the legacy & work of generations of Black women Civil Rights leaders by introducing this historic resolution.”
@AyannaPressley joined @Nina_EBanks (President, National Economic Association), @DarrickHamilton, Director, @TheNewSchool’s Institute on Race & Political Economy) & Angela Glover Blackwell (Founder, @policylink) to discuss the resolution.

https://t.co/A0CxxbemWO
A federal #JobGuarantee would provide every person with an enforceable legal right to a quality job. Extending beyond a project based approach, the Resolution calls for the creation of federal jobs that meet long-neglected community, physical and human infrastructure needs.
Funded by the federal government and implemented locally in partnership with communities, the federal #JobGuarantee program would provide public jobs for all adults seeking employment.
By ensuring everyone has access to a good job w dignified wages, safe working conditions, health care & other benefits—including full worker rights & union protections—a #JobGuarantee would address the current jobs crisis while laying the foundation for an equitable recovery.
"Good, family-supporting jobs are the cornerstone of thriving communities...A #JobGuarantee & more access to good union jobs will help...us to join together to build a balanced, inclusive economy that works for all of us," said @MaryKayHenry, International President, @SEIU
"[E]very person deserves...a meaningful job, healthcare & a living wage...This Resolution is not only a step towards a brighter future for young ppl, working ppl &...ppl of color, but is a vital leap towards...a Green New Deal.”

- @VarshPrakash, Executive Director, @sunrisemvmt
“Our siblings in the Black Freedom Movement had the foresight to champion a Federal #JobGuarantee...This moment calls for nothing but bold, transformative policies. A #JobGuarantee is...our only path to full employment.”

- Michael Mcafee, President, @policylink
In July, @RepPressley and UCLA historian @DavidpStein co-authored an op-ed...in which they called on the Federal Reserve to take specific steps to address Black unemployment, including by not standing in the way of a federal #JobGuarantee.

https://t.co/wVDHoVU0l3
1 year ago in a @FSCDems hearing, @RepPressley questioned @federalreserve Chair Jerome Powell on the...history of the [Fed]’s dual mandate. Powell conceded, for the first time in...history & on the Congressional record, that the Fed alone cannot get the US to full employment.
For more on the campaign for a Job Guarantee, see:

https://t.co/QD1boTD8BT
Also, for those interested in learning more, there will be a virtual town hall *today at 3pm ET*, registration details here:

https://t.co/nsx4sangUg

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It’s another company-saving a £50 million PPE contract shaggy dog story

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“A bulletproof truck trundled down the road in downtown Lima, guarded by 18 policeman
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Hang on. Julian Wheatland, Director of SCL Group/ Cambridge Analytica had also been chair of Witney Conservative Association...and campaigned for his mate Cameron

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I mean. They move in the same North Oxford circles.
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🕵️🔎 Politicians, Musicians, Clergy, Bankers, Journalists, Human Rights, Artificial Intelligence, Sustainability, Corporations & Agriculture


2. In previous threads I have looked at 🇮🇪 key players in the Trilateral Commission as well as 🇮🇪 people who have attended the Bilderberger meetings. I also looked at the 🇮🇪 in the Young Global Leaders which is a site run by the WEF. You will see a lot of crossover between them.

3. The purpose of this thread is to compile all the Irish members into one thread for ease of access and reading rather than having to dive through the WEF site. This is by no means definitive and I will be adding more over time when they pop out of the woodwork.

4. Ireland’s WEF members are drawn from all walks of life but can be split into 2 separate areas. The WEF calls the first category “people” and the 2nd one “agenda contributors”. In total Ireland has a minimum of 61 members. Some of the names will be familiar and others will not

5. In this thread I’m just going to concentrate on the 21 people (there are probably a lot more). There are also 40 “agenda contributors” which I will cover in a separate thread. The agenda contributors are those who write articles or do research for the WEF site.
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Lots of requests for a "step-by-step" guide to where we are with the EU-UK negotiations.

So here you go - short thread summarising the essential context & key points / issues:

1) UK formally left EU in January 2020 but entered a "transition period" during which nothing very much changed: meant to give time for negotiations over future EU-UK relationship in fields like trade and security; based on "Political Declaration" as agreed by Johnson Government

2) Political Declaration envisaged only distant EU-UK relationship: partly logical consequence of Theresa May's longstanding "red lines" on free movement etc; but also result of renewed political preference, by Johnson Government, for even more extreme "clean break Brexit"

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4) ... & continued with new red lines / fresh demands reflecting Johnson's (frankly tedious) belief that UK should "have its cake and eat it". So: back to square one - yet UK refused extension to transition period, to give more time for negotiations - even after onset of pandemic
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1. Ok, so most people have a vague sense of frustration that the last Dem administration didn't do enough on the economy. But it's still just a vague sense. So my org wrote a report showing in detail, industry sector-by-sector, what policymakers did wrong.

2. We also wrote one pager descriptions of every sector. For instance, in media and telecommunications, there were multiple massive mergers (Comcast-NBC, Disney's roll-up, Charter-Time Warner).

3. Consequences were bad. The median weekly compensation of writer-producers on television and online series declined 23 percent between 2014 and 2016 despite record profits in the industry and peak demand for programming.

4. Health care, consolidation was bad. "From 2010 to 2015, Sanofi, Novo Nordisk, and Eli Lilly raised their insulin prices by 168 percent, 169 percent, and 325 percent, respectively; the three are essentially the only manufacturers of insulin in the U.S."


5. Newspapers, same story. Since 2005, America has lost 2,100 newspapers, one fourth of its total, leaving 1,800 communities without any local news coverage whatsoever.
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1/ In @RayDalio's perspective, we are at the very late stages of the long term debt cycle. These long term debt cycles typically take 50-75 years to play out. This cycle began in 1945 when World War II ended and we began the US dollar-dominated world order.


2/ In the words of @RayDalio, "Right now, the world’s major central banks have the least fuel in their tanks since the late 1930s so are now in the later stages of the long-term debt cycle. Because they come along about once in a lifetime most people aren’t aware of them."


3/ Central banks have spent the last decade in a race to see who could devalue their currency the fastest. Near 0% interest rates have meant increased printing of the dollar, euro, and yen. Central banks no longer have the ability to tighten credit so they print money.


4/ Being towards the later stages of the long-term debt cycle there is a global sovereign debt bubble similar to what we saw in the 20's & 30's. In 2019, global debt-to-gdp hit 322% with total debt reaching a new all-time high of $253 Trillion.


5/ The wealth gap has also expanded to levels last seen in the 30's. Historically, inequality and large wealth gaps have eventually led to dire consequences. Periods of conflict and social unrest often marked by taxes, revolutions, or wars.
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(end)
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