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Saturday, January 30, 2021

Visas and Ageism

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U.S. Companies Use Visa Program to Displace Older High-Tech Workers

By Patricia Barnes
Age Discrmination in Employment
April 23, 2019

American companies are using the H-1B visa program to displace older high-tech workers with young, foreign workers who are paid less and willing to work long hours.

That is the thesis of an article by William R. Kerr, a business professor at Harvard University, published in THE MIT SLOAN MANAGEMENT REVIEW.

Kerr writes that older workers have GOOD REASON TO BE CONCERNED about how GLOBALIZATION affects their CAREER longevity.

He states that some 90 percent of immigrants brought to the U.S. to work at American tech companies via the H-1B program are under the age of 40.  He said U.S.companies find these workers attractive because they are paid less than older workers and are willing to work long hours and weekends.

As the appetite for tech workers increases among U.S. companies, the employment level of older Americans stays flat and becomes a dwindling share of the overall employee base,Ӕ writes Kerr.

The H-1B visa program allows U.S. companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.

Kerr proposes the following changes to the H-1B program:

Instead of a lottery, the government could rank salary level as a way to prioritize visa requests across companies and support higher-valued needs.

Introduce a minimum salary level for an H-1B workers to limit a companys ability to use H-1B visas just to reduce their labor costs by displacing older workers.

Kerr says even these policy changes are unlikely to provide enough job security for older tech workers “because experience is less valuable in tech than it is in other fields, and strong IT capabilities exist all around the world.”

Several lawsuits have been filed without success by American workers who were laid off and replaced with foreign workers using H-1B visas. One of the most prominent was a federal lawsuit filed in 2016 by 250 IT workers who were laid off by the Walt Disney Company after being forced to train their foreign replacements. That case was subsequently abandoned after an adverse ruling by U.S. District Court Judge Gregory A. Presnell of Orlando.

A major problem for all older workers is that federal courts hold that the Age Discrimination in Employment Act of 1967 does not prevent employers from terminating older workers because they are paid more.

THE NATIONAL FOUNDATION FOR AMERICAN POLICY REPORTS that four of six high-profile US tech companies - Amazon (2,515), Microsoft (1,479), Intel (1,230), and Google (1,213) were among the top 10 employers for approved H-1B petitions for initial employment in FY 2017.

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Posted by Elvis on 01/30/21 •
Section Dying America • Section Workplace
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Tuesday, January 26, 2021

President Biden Takes Over

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If a multinational corporation decided to create a presidential candidate, he would be a former credit card shill from Wilmington, Del., and that’s exactly what they got. What’s good for Google is good for the Biden campaign and vice versa.
- With Joe Biden We Get Fascism: The Collusion of Government and Corporatism

The Biden Presidency: Business as Usual or a New Departure?

By Dr. Leon Tressell
Global Research
January 24, 2021

Joe Biden’s inauguration as US president was unprecedented in modern times. The US capital resembled a war zone as 25,000 National Guardsmen plus thousands of police enforced severe restrictions over civilian movement on the streets. Roadblocks policed by soldiers and armoured cars were everywhere as the city was divided into red and green zones.

Such scenes are very familiar to Western viewers from cities such as war torn Baghdad. However, they are a shocking sight in the capital of the US Empire which is supposed to be a bastion of peace and stability, exemplifying American exceptionalism.

The corporate media in America is heralding the Biden presidency with a great deal of sycophantic fanfare. The 46th President of the United States will allegedly bring peace, stability and lay the ground for a return of prosperity; so that all can once again share in the American Dream.

Does this perspective for the Biden presidency have any prospect of being realised?

Domestic problems will take precedence

To assess the prospects for the Biden presidency we need to examine the domestic and geo-political challenges facing the new administration measured against the PROGRAMME of the 46th President and the composition of his cabinet.

At the outset, it is fairly safe to say that the focus of the Biden presidency during its first year will be the compelling domestic issues that pose a threat to the stability of the American Empire in its heartland.

The influential journal FOREIGN POLICY has commented that the US first has to deal with PRESSING PROBLEMS AT HOME before it can take on challengers like China.

It has also observed that America’s moral claims and exhortations against China and Russia will be undermined unless it deals with civil rights issues and abuses of human rights at home. The summer of 2020 witnessed mass civil rights protests against police brutality and institutional racism that involved millions of people on a scale not seen since the early 1960s.

In its recent analysis Foreign Policy noted that:

The United States cannot point to foreign adversaries at the expense of recognizing the systemic failures and problems at home. America’s own house must be set in order first, through policies that centre upon promoting the resilience of its system and society.

On the foreign policy front Biden will want to rebuild multilateral alliances aimed at isolating Russia and China and maintaining the squeeze on pariah nations such as Venezuela and Iran. These alliances were undermined to some degree by Trump’s belligerent isolationist approach.

Having said this, it is unlikely that Biden will make any significant changes in US foreign policy until he has stabilized the domestic situation. Then again the global economic/health crisis has created a situation where volatility will be ever present in international relations and the US may get embroiled in conflicts not of its making.

The Domestic Situation

After being sworn in as President Joe Biden faces an unenviable situation. American capitalism faces an unprecedented socio-economic, political and health crises which will require a huge amount of resources and considerable time to rectify.

It could be argued that the severity of the various crises afflicting American capitalism are such that Biden’s administration will struggle to do little more than apply a large sticking plaster to temporarily patch up its many problems.

Close scrutiny of Biden’s policies suggest that they will do little to address the many structural problems facing American capitalism.

These range from a highly fragmented for-profit health system that has presided over one of the highest Covid-19 death rates in the world to a decaying infrastructure that requires trillions of investment. Meanwhile, millions of workers jobs have disappeared as corporations offshore the work to factories in China which is linked to the massive trade deficits of the US that illustrate the continuing decline of American manufacturing.

Another problem for Biden is managing domestic expectations of his administration. His election has raised hopes amongst sections of the population that the simultaneous economic, political and health crises will be resolved over the next few years.

Wealth Transfer

The Coronavirus pandemic of 2020 has exposed the complete bankruptcy of corporate politicians and the medical/ scientific/ industrial establishment who have presided over massive suffering, death and economic devastation.

Since the outbreak of the pandemic we have witnessed yet another massive wealth transfer to the billionaire oligarchs who preside over American capitalism.

Billions of public money have poured into the coffers of private companies to provided PPE gear and vaccine/drug development.

Meanwhile, massive money printing by the US Federal Reserve, (its balance sheet has doubled during 2020 from $3.4 trillion to over $7.3 trillion) has fuelled a speculative frenzy in financial markets where the S&P 500, Dow Jones and others have reached all time highs when the real economy is in dire straits.

This has led to a gigantic wealth transfer. This is illustrated by the massive growth in the wealth of America’s 664 billionaires. Their collective wealth has grown by OVER $1 TRILLION during 2020.

Debt Mountain

Biden’s programme promises to massively swell the federal government’s astronomical budget deficit. By the end of fiscal year 2021 it will amount to $21.9 TRILLION which is equivalent to 104.4% of GDP. After all the Empire’s gigantic war machine has to be paid for. The Pentagon’s $750 billion dollar budget will not face any reduction quite the opposite.

The Congressional Budget Office projects that the federal governments budget deficit will balloon to an astounding $33.5 TRILLION BY 2030. Biden, oblivious to the US government’s fiscal bankruptcy, has no proposals to deal with this issue.

Meanwhile, there is nothing in Biden’s programme that will address the massive increase in wealth inequality which has been a persistent trend since the late 1970s. Workers, whose wages have been stagnating for the last 4 decades, have been forced to take on ever larger amounts of debt to maintain their living standards.

In Q2 of 2020 consumer debt stood at a higher level than at the peak of the 2008-9 financial crisis at $14.27 TRILLION. This figure has undoubtedly increased as the severity of the economic crisis has intensified since then.

This eye watering debt pile which will never be paid back breaks down as follows:

Auto loan debt stood at $1.34 trillion Ғ Q2 of 2020,
Mortgage debt stood at $9.78 trillion Q2 of 2020
Student loan debt stood at $1.54 trillion ֖ Q2 of 2020
Credit card debt stood at $820 billion Q2 of 2020
Unpaid rent in October 2020 stood at $7.2 billion

There is nothing in Biden’s programme that even hints at a debt jubilee to deal with this crushing debt burden on the working/middle classes.

Meanwhile, successive administrations of both Democrat and Republican have presided over an ever harsher environment for unions in which to operate leading to lower wages and worse conditions of service for millions.

$15 Minimum Wage

Biden’s promise of a $15 minimum wage is welcome to millions of workers.

It follows pressure from a nationwide campaign on this issue. Since Seattle became the first major city in 2015 to approve the $15 minimum wage, thanks to a massive campaign led by unions and socialist councilwoman Kshama Sawant, seven other large states have approved this measure.

Biden is aware of how universally popular the $15 minimum wage is with both Republican and Democrat voters. In the November election Trump won the state of Florida yet at the same time voters approved the $15 minimum wage for the state.

The under paid and underemployed workers of America can take comfort from BidenҒs appointment of Marty Walsh as Labour Secretary. Walsh is notorious for covering up police corruption and the systematic harassment of black Bostonians during his term of office when mayor of Boston.

Eat the rich: wealth inequality

Biden may well reverse some of the Trump tax cuts but will do nothing to prevent US corporations holding profits in offshore accounts. This money could of course be used to improve cash starved public services.

In 2015 an academic study estimated that US based multi-national corporations held over $2.1 trillion offshore to avoid taxes.

The FinCEN files revealed by the International Consortium of Investigative Journalists in 2020 illustrate how New York banks have facilitated hundreds of billions of dollars worth of money laundering over many years.

Much lauded new anti-money laundering legislation leaves open a multitude of loopholes for Wall Street to continue with this criminal activity. Never mind the fact that financial regulators have failed to carry out any criminal prosecutions against any Wall Street bank since 2008. Instead they get fines, which are part of the cost of doing business, and deferred prosecution agreements.

Wall Street and the rest of corporate America can sleep safe in their beds at night knowing that the Biden administration will do nothing to seriously address complex financial crime.

Nor will it take any measures that fundamentally address the ever widening social-economic equality that threatens the stability of the Empire in its heartland.

Biden’s Backers

Back in June 2020 Biden told a gathering of rich donors that the super rich were not to blame for wealth inequality. Ignoring the incredible damaging crime spree that Wall Street has engaged upon since the 2008 financial crisis. This is well documented in the work of former financial regulator and criminologist William Black, as well as corporate crime journalist Matt Taibi.

Biden reassured his rich donors in comforting tones:

“I mean, we may not want to demonize anybody who has made money. The truth of the matter is, you all, you all know, you all know in your gut what has to be done. We can disagree in the margins but the truth of the matter is its all within our wheelhouse and nobody has to be punished. No one’s standard of living will change, nothing would fundamentally change. I hope if I win this nomination, I won’t let you down. I promise you.  I need you very badly.”

His appointment of JANET YELLEN as Treasury Secretary, a former Chair of the Federal Reserve, signals to the billionaire oligarchs that it is business as usual. Yellen is committed to maintaining the record low interest rates and monetary methadone (i.e. money printing/trillion dollar federal deficits) demanded by Wall Street.

Her record as Chair of the Federal Reserve shows that preserving the wealth of the 1% will be her top priority.

We shouldnt forget that Yellen in June 2017 famously said that there will never another economic crisis in her lifetime. Yet here we are in the midst of the worst economic crisis since the 1930s.

As Fed Chair Janet Yellen also dismissed claims that financial markets were overvalued and in bubble territory. In the autumn of 2018 a 20% collapse of overvalued financial markets led to the Fed retreating hastily from reducing its $3.4 trillion balance sheet while it started cutting rates as demanded by Wall Street.

In the 2 years after leaving the Fed in 2018 Janet Yellen amassed $7 million in speaking fees from banks such as Goldman Sachs, Citigroup and Barclays, who committed criminal acts while she was at the Fed. Will this wild eyed radical take on the speculators of Wall Street or take action to reverse the massive and growing income inequality in America?

Action to address unemployment and hunger

Biden says dealing with unemployment will be a top priority yet his proposed measures fall far short of the alphabet agencies that Roosevelt created to give work to millions in the 1930s. They donԒt seem to appreciate the magnitude of the problem facing American capitalism.

In the week that Biden took office new unemployment claims totalled 900,000 far higher than any week during the peak of the 2008-9 financial crisis.

During 2020 over 38 million Americans claimed some kind of unemployment benefit. As of 19 December over 17 million Americans were claiming either state or federal unemployment relief. That figure is expected to rise during the first quarter of 2021. Over 100,000 small businesses have permanently closed while big corporations ranging from Amazon to Apple have made record profits.

Will he force US based multinational corporations to bring the millions of outsourced jobs back home? That seems unlikely. Lets face it Apple and other companies are making too much money out of the workers paid low wages at their Chinese factories.

Meanwhile, over 50 million Americans are food insecure, including 17 million children. They are reliant on food banks and the governmentҒs food stamp programme.

The new stimulus bill expected to be passed soon by the Democrat controlled Congress includes a $13 billion provision for expanded food stamp benefits but is still seen by many as insufficient for dealing with a level of hunger not seen the Great Depression in the 1930s.

Healthcare under Biden

This situation described above is compounded by the fact that during a global pandemic over 29% of Americans lost their health care cover so far. This has created the situation where 50 million Americans dont have any health insurance. Between 50 to 100 million are under insured.

This situation is accentuating the devastating health crisis in the United States which has the highest number of deaths from Covid-19 in the world.

BidenҒs programme will not introduce Medicare-for-all as apparently that it is too expensiveґ in the richest country on the planet. Yet the Congressional Budget Office has estimated that Medicare For All could actually save the US up to $650 billionannually.

Nor will he eliminate the rapacious private health insurance industry. Instead, Biden is giving the private health insurance companies, who contributed handsomely to his election campaign, the opportunity to make even greater profits. The Daily Poster carried an article recently that notes that Bidens health care plan will not expand government sponsored health coverage:

ҒInstead, it adopts proposals from health insurance lobbying groups recent letter to lawmakers demanding lucrative new subsidies for insurance companies, at a moment when those corporations have recorded record profits as millions lose coverage and many face claims denials.

BidenӒs plan would shovel billions of dollars to private health insurers by providing subsidiesfor Americans to buy coverage through the Affordable Care Act (ACA) marketplaces, which are far more expensive than government health care programs and have at times been plagued by high rates of claim denials.Ғ

Bidens healthcare plans wonҒt give comprehensive protection to Americans in the middle of a deadly pandemic. The Daily Poster has pointed out that:

Biden is now proposing some of the most costly and inefficient ways to expand health insurance coverage. The moves could still leave people exposed to substantial out-of-pocket costs ғ from deductibles, copays, and coinsurance that act as barriers to care.ח

Many people cannot even afford to get medical treatment due to the outrageous medical bills generated by the PRIVATE HEALTH INDUSTRY.

According to FAIR HEALTH:

The total average charge per COVID-19 patient requiring an inpatient stay is estimated at $73,300 and the total average estimated in-network amount per commercially insured patient at $38,221.”

Biden’s health measures are unlikely to deal with the massive problem of medical debts. A 2019 STUDY “Medical Bankruptcy: Still Common Despite the Affordable Care Act” produced by the American Public Health Journal, noted that, ђthat despite the Affordable Care Act, middle-class Americans have been targeted with increasing co payments and deductibles. This leads to half a million Americans each year declaring bankruptcy due to medical debts.

In August 2020 an analysis by consumer finance company Credit Karma FOUND 20 million Americans TO HAVE over $45 billion of MEDICAL DEBTS. Will the Biden administration wipe out those medical debts?

Back in 2019 the author of the above study, Dr. Steffie Woolhandler, who is a Lecturer in Medicine at Harvard stated;

the aca was a step forward, but 29 million remain uncovered, and the epidemic of under-insurance is out of control. We need to move ahead from the ACA to a single-payer, Medicare for All system that assures first-dollar coverage for everyone.”

Biden’s pick for Health Secretary is former attorney general of California, Xavier Becerra. His tenure as Attorney General of the Golden State doesn’t inspire optimism that he will take on the private health industry and protect the millions without health cover or facing huge MEDICAL DEBTS.

This individual faced numerous lawsuits during 2020 for gerrymandering the ballot. According to the LA Times back in August 2020: Becerra is facing a SLEW OF LAWSUITS this election season from groups that accuse his office of writing titles and 100-word summaries for ballot measures that aim to tip the scales in favor of his political allies in the Democratic Party.

In 2019 Becerra threatened legal action against journalists who had obtained records of the criminal offences committed by thousands of police officers many of whom were still serving in California.

DAVID SNYDER, executive director of the First Amendment Coalition rejected Becerra’s demand that the journalist involved destroy the records, “It’s disheartening and ominous that the highest law enforcement officer in the state is threatening legal action over something the First Amendment makes clear cant give rise to criminal action against a reporter.”

Prospects for the future

We should be under no illusions who really won the November presidential election. Corporate America won the November election hands down. The billionaire oligarch class that dominates American society has nothing to fear from a Biden administration. Wealth inequality and all of its attendant evils will continue to rise despite any tinkering reforms that are introduced.

However, the more far sighted oligarchs such as billionaire hedge fund manager RAY DALIO are quite rightly concerned by the destabilising effect of this wealth inequality on American capitalism. Will Biden heed Dalio’s call to reform capitalism to save it from revolution from below? It seems unlikely.

Then again Biden may be forced to take more radical measures than he originally planned if the economic situation doesn’t improve this year and/or he faces pressure from an angry populace.

Over 2,000 years ago the Greek philosopher and historian PLUTARCH warned prophetically:

“An imbalance between rich and poor is the oldest and most fatal ailment of all republics.”

Time will tell how this imbalance in American society plays out over the next few years. Biden and his fellow managers of the Empire ignore this at their peril.

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Posted by Elvis on 01/26/21 •
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Tuesday, January 05, 2021

The Appeal of Conspiracy Theories for Spiritual People

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Why are “spiritual” people attracted to conspiracy theories?

By “Steve Taylor, Ph. D.
Psychology Today
January 4, 2021

Karlfried Graf von Durckheim was a remarkable German man who helped to popularize Zen Buddhism in the west. He had his first spiritual experiences during the First World War when he came close to death on the battlefield. In these moments, Durckheim became aware of a deeper aspect of his own being. As he put it, “When death was near and I accepted that I also might die, I realized that within myself was something that has nothing whatsoever to do with death.”

After the war, Durckheim became a spiritual seeker. He was from a wealthy aristocratic family but gave up his property and inheritance to devote himself to his spiritual studies. He had a major spiritual experience while reading the ancient Chinese spiritual text, the Tao Te Ching. As he wrote, he felt as if the veil was torn asunder..."Everything existed and nothing existed. Another Reality had broken through this world.”

However, Durckheim was also a Nazi. In the 1930s, he was a great admirer of Hitler, who he described as a “new man” who had been given to the German people to awaken fellow Germans in an “infectious movement and transform them.” In 1937, he was sent to Japan as a Nazi envoy. At the same time as studying Zen, he disseminated Nazi propaganda and tried to build links between the Nazis and the Japanese government, promoting the idea that the two countries could conquer and dominate the world together.

There seems no doubt that Durckheim had profound spiritual experiences and was deeply devoted to Zen and to spirituality in general. In his later life, he wrote several books that show genuine insight and wisdom.

How is it possible for a spiritual person to be a Nazi? How could a spiritually developed person ally himself with a murderous fascist regime with a philosophy of paranoid conspiracies and bizarre racist ideas? How could a person who was clearly wise in some ways be taken in by a leader who was a deranged and brutal authoritarian?

The Strange Phenomenon of Modern Conspiracists

Durckheim’s case relates to a strange phenomenon I have become aware of over the past few months. As an author of books on spirituality and psychology, I have a lot of spiritually-minded friends and followers on social media. Recently I have been surprised by the number who have propagated conspiracy theories about the global coronavirus pandemic and the recent US election. Some of them believe that the pandemic was purposely generated as part of a strategy for a “great reset” by a global elite (including figures such as Bill Gates and George Soros). They are opposed to masks and vaccines and view the outgoing president, Donald Trump, as a messianic figure who is fighting against this global conspiracy. Of course, they also believe that Trump’s election loss was rigged, to try to derail his efforts to halt the great reset (and to fight against child sex-trafficking rings).

I know some of the people who propagate these theories personally and am aware that, like Durckheim, some of them have had authentic spiritual experiences. This begs the question: How can spiritually-minded people be taken in by bizarre and unsubstantiated conspiracy theories? And in a similar way to Durckheim with Hitler, how can they support a president who appears to completely lack spiritual qualities like empathy and compassion, and who many mental health professionals believe suffers from severe personality disorders?

The Appeal of Conspiracy Theories to Spiritual People

I would suggest three main reasons for this tendency. Ill describe these in turn, saving the most important reason for last.

First, spirituality is often associated with a sense of exclusivity. Following spiritual practices and ideas may bring a sense of “specialness,” of having access to esoteric knowledge that most people are not aware of. Of course, this is an unhealthy tendency, and actually contravenes the real aim of spiritual paths and practices, which is to transcend self-centredness and narcissism. However, some people are certainly attracted to spirituality because of this sense of specialness.

This is a large part of the appeal of conspiracy theories, too. They also make people feel special, that they possess secret esoteric knowledge that others are too naive or dim-witted to take on board. In many cases, spiritual conspiracists are simply expressing the same impulse for a sense of superiority and exclusivity in two different areas: spirituality and conspiracy theories.

Second, authoritarian figures like Donald Trump (or in the case of Durckheim, Hitler) may appeal to a devotional, guru-worshipping impulse. This relates to another unhealthy reason why some people are attracted to spirituality, and to gurus (or spiritual teachers) specifically. Although many people devote themselves to gurus to further their own spiritual development, others view gurus as powerful, parent-like figures who can take control of their lives. (Of course, these motives may be mixed to some degree).

They want to return to a childhood state of devotion and irresponsibility, when their parents had complete responsibility for their lives, protected them from the world, and satisfied all their needs. Authoritarian leaders like Trump have a similar paternal, protective appeal. Their authoritarianism is an attractive throwback to parental omnipotence during early childhood, and we instinctively offer them the same unquestioning trust that we did to our parents (which is the same unquestioning trust that many disciples offer their gurus).

Finally, and perhaps most importantly, spiritual conspiracy is caused by an impulse for connection. Spirituality is largely about connection. It’s about expanding beyond our own limited ego-identity and making connections with our own deeper selves, to other people, to nature, and to the whole cosmos. This type of connection is based on feeling or being, but sometimes the urge to connect is taken on by the intellect, where it manifests itself in an impulse to find connections in random events.

This is where conspiracy theories come in. Conspiracy theories are all about connections. Nothing happens randomly. Nobody acts randomly or altruistically. There is an agenda, or a network of nefarious agents, behind everything. World figures and global institutions are not acting independently or altruistically; they are all in it together, from Bill Gates to Prince William and the World Health Organisation. It’s all part of a coordinated effort to enslave us. The coronavirus isn’t an unfortunate accident but purposely created as a part of this effort.

Spiritually-minded people become vulnerable to conspiracy theories when their impulse for connection is misdirected into their intellectual outlook.

It, therefore, doesn’t seem too surprising that many spiritually-oriented people take on unsubstantiated beliefs and voice support for authoritarian fascist (or would-be fascist) leaders. This doesn’t make it excusable though. All of this represents the shadow of spirituality, the negative aspects that can emerge when spirituality is hijacked by narcissism, or that occurs when healthy spiritual impulses are misdirected. Healthy spirituality moves beyond the poisonous suspicion of conspiracy theories into the clarity of reason. It moves beyond unfounded conceptual connections into a felt sense of connection with other beings and the world. It moves beyond the unquestioning worship of corrupt authoritarians, into self-sufficiency and personal responsibility.

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Posted by Elvis on 01/05/21 •
Section Spiritual Diversions
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Tuesday, December 29, 2020

Everyone Was Wrong About Trump

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Everyone Was Wrong About Trump

By Caitlin Johnstone
December 23, 2020

After weeks of speculation and desperate hopes that Donald Trump might be preparing to PARDON NSA WEHISTLEBLOWER EDWARD SNOWDEN and/or WIKILEAKS FOUNDER JULIAN ASSANGE before leaving office on January 20th, what the latest round of presidential pardons has delivered is about as far from that as you can conceivably imagine.

In an audacious pre-Christmas round of pardons, President Trump granted clemency on Tuesday to two people convicted in the special counsel’s Russia inquiry, four Blackwater guards convicted in connection with the killing of Iraqi civilians and three corrupt former Republican members of Congress, the New York Times reports.

I probably don’t need to tell my regular readers this, but a Trump pardon for Assange and Snowden is almost certainly not in the cards. Trump has done nothing but protect the imperial status quo the entire time he’s been in office and a pardon for either of those heroic government transparency advocates would be a deviation from his established patterns unlike anything he’s ever once demonstrated while in office. Its good to pressure politicians to do the right thing even when they probably won’t, but its a safe bet that he won’t.

Trump’s entire term has revealed that virtually everyone, all across the US political spectrum, has been wrong about him. And it’s a testament to the power of media echo chambers that for the most part they remain just as wrong about him as they were four years ago.

To this day, even after four years of evidence to the contrary, Trump supporters still believe their president has been ending the wars, draining the swamp, and fighting the Deep State.They believe he’s fighting the Deep State even after he imprisoned Assange. They believe he’s ending the wars even as he’s ramped up cold war aggressions against Russia, killed tens of thousands of Venezuelans with starvation sanctions, vetoed attempts to save Yemen from U.S.-backed genocide, is working to foment civil war in Iran using starvation sanctions and CIA ops with the stated goal of effecting regime change, occupied Syrian oil fields with the goal of preventing Syria’s reconstruction, greatly increased the number of troops in the Middle East and elsewhere, greatly increased the number of bombs dropped per day from the previous administration, killing record numbers of civilians, and reduced military accountability for those airstrikes. They believe hes draining the swamp after packing his cabinet with establishment swamp monsters.

To this day, even after four years of evidence to the contrary, liberals are still convinced that Trump is a servant of Russia who has spent his term advancing the interests of Vladimir Putin. They believe this even as he’s been shredding treaties with Russia, bombing the Syrian government and arming Ukraine (both of which Obama refused to do), many sanctions and many other escalations directly against the interests and safety of Russia.

To this day, even after four years of evidence to the contrary, many on the left still continue their frequent claims that Trump is a uniquely fascistic or Hitler-like president, despite his having far fewer deportations than Obama had. And despite the fact that he will with absolute certainty leave office on January 20th after losing an election.

All sides pretended that Trump was a radical deviation from the norm, and so did Trump, when all he actually did throughout his entire time in office was protect the status quo just like his predecessors did. As writer and activist Sam Husseini recently put it, Trump is the opposable thumb of the establishment. He looks like he’s on the opposite side, but he just helps it grab more.

After four years everyone - left, right and center - has been proven wrong about Trump. He was neither a uniquely evil monster (he was indisputably not even as bad as Bush), nor a populist hero draining the swamp and fighting for the common man against the Deep State.

Trump was a US president of fairly average depravity, with a truly massive overlay of narrative heaped on top of him by partisan media on all sides. In reality he was pretty much what you’d get if you took any average American Fox News-watching boomer who yells at Obama on TV, made him rich, and then made him president.

That’s what Trump is and has been. Nothing more extraordinary than that. It is only the effectiveness of echo chambers and the human tendency to prioritize narrative over factual data which prevents more people from seeing this.

In actuality Trump’s term has clearly established what he really was this entire time: he was a US president. Better than some, worse than others, but also deeply awful all around since he voluntarily served as the face of the most evil and destructive force on earth, namely the United States government. He was the same kind of monster as his predecessors.

Trump was a US president of fairly average depravity, with a truly massive overlay of narrative heaped on top of him by partisan media on all sides. In reality he was pretty much what you’d get if you took any average American Fox News-watching boomer who yells at Obama on TV, made him rich, and then made him president.

That’s what Trump is and has been. Nothing more extraordinary than that. It is only the effectiveness of echo chambers and the human tendency to prioritize narrative over factual data which prevents more people from seeing this.

And now he is leaving, with his imaginary crimes still held as real and his actual crimes completely ignored. Humanity will not be able to create a healthy world until we find a way to transcend our unhealthy and delusional relationship with mental narrative which so easily obscures our perspective of whats really happening.

About the author:

Thanks for reading! The best way to get around the internet censors and make sure you see the stuff I publish is to subscribe to the mailing list for at MY WEBSITE or on SUBSTACK, which will get you an email notification for everything I publish. My work is ENTIRELY READER SUPPORTED, so if you enjoyed this piece please consider sharing it around, liking me on Facebook, following my antics on Twitter, throwing some money into my tip jar on Patreon or Paypal, purchasing some of my sweet merchandise, buying my new book Poems For Rebels or my old book Woke: A Field Guide for Utopia Preppers. For more info on who I am, where I stand, and what Im trying to do with this platform, click here. Everyone, racist platforms excluded, HAS MY PERMISSION to republish, use or translate any part of this work (or anything else I’ve written) in any way they like free of charge.

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Posted by Elvis on 12/29/20 •
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Friday, December 25, 2020

AT&T Cuts Retiree Pension and Healthcare

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AT&T Cuts Retiree Pension and Healthcare

Techstaffer
December 18, 2020

As a recruiter I’m often asked about benefit packages offered by certain companies.  Over the last year there have been substantive changes in benefits coming from Fortune 500 companies with most of the changes going the wrong way. We’ve seen many large corporations choose to cut employee benefits whether that be pension, 401(k), or healthcare. VERIZON created headlines all the way back in 2005 when they announced they would freeze their pension program. In the years to come many corporations followed suite by moving to defined contribution plans as opposed to defined benefit plans. This trend culminated in General Electric deciding to freeze the largest pension fund in the United States. Other corporations have decided to target 401(k) plans.  ExxonMobil announced earlier this year that they would suspend their 401(k) matching program indefinitely. Which brings us to AT&T

A surprise announcement was made on Monday where AT&T stated in a Memo that they will be reducing benefits in 2021 and 2022. I wanted to make sure my AT&T clients were informed about what exactly is going away.

AT&T CEO John Stankey has expressed a goal of $10 billion in cost cuts and the company has made it clear that workers benefits are next on the chopping block.

So who will be affected by these cuts? Employees retiring after 2022 will be hit the hardest, as they will lose all medical coverage typically given to retirees. AT&T will no longer supplement monthly premiums for medical or dental. This may not affect all employees. You should call the benefit office to inquire about your particular situation.

This announcement comes on the heels of AT&T alerting employees that they will no longer offer a Healthcare reimbursement account for those who retired after January 1st 2021. Currently things like out of pocket costs, supplemental coverage, and incremental coverage are covered by a healthcare reimbursement account from AT&T. According to AT&T’s Summary Plan description the HRA credit is worth $2,700 for an employee and $1,500 for an eligible dependent. If an employee takes full advantage of this benefit this would be worth $4,200 per year. Over a 20 year period this could save an employee and their family about $84,000. 

AT&T pension benefits are being reduced as well. AT&T uses a Career Average Minimum (CAM) or a Pension Band Minimum (PBM) formula to calculate your pension contributions. Your CAM benefit is determined by multiplying your career pension compensation by a percentage and then dividing by 12. Currently that percentage is 1.6%. After January 1st 2022 that percentage will drop to 1%.

Management employees may receive a benefit based on the PBM formula. The PBM benefit is determined by multiplying a percentage by your pension compensation. Currently that percentage is 1.2%. After January 1st 2022 that percentage will be reduced to 0.75%.

AT&T is not the only company to cut benefits during the pandemic. History shows time and time again that when a recession hits corporations will decrease or suspend benefits. We witnessed this in the 2001 recession when General Motors, Charles Schwab, Goodyear Tire & Rubber, & Ford all decreased or suspended their company match programs. The same happened in 2008, with Forbes reporting that nearly 20% of companies with over 1,000 employees reduced or SUSPENDED 401(k) contributions.  Unfortunately, that trend seems to be continuing in the wake of the current recession brought on by the Coronavirus pandemic. According to CNBC, 8% OF EMPLOYEES HAVE REDUCED OR SUSPENDED 401(k) CONTRIBUTIONS THIS YEAR ALONE. Major companies like Amtrak, Marriott Vacations Worldwide, and ExxonMobil have all suspended their 401(k) matching programs. In ExxonMobil’s case employees lost a company match of up to 7%, severely hindering an employee’s ability to save for retirement. AT&T’s cuts will also make it significantly more challenging for retirees to make their money last as long as they need.

Questions you need to ask yourself now on the risks of leaving and potential risks of staying at AT&T

Should I consider retiring now to lock in my company subsidy and look for another job outside of AT&T?

Are their jobs in my specialty available if I do leave?

Will my pension grow if I do stay?

Will my lump sum pension decrease If interest rates go up next year?

Would it be better to leave now with the healthcare subsidy and work a 20-hour per week job or would I do better if I stay and hope I do not get laid off?

Should I look for a contracting job in winter or wait until next year?

It is my hope that by being aware of these cuts and questions you can ask yourself can plan accordingly and make sound financial decisions going forward.

SOURCE

Links:

Santone, Angela. “AT&T: Updates to Your Retirement Benefits.” AT&T Memo, AT&T Inc., 15 Dec. 2020

“The Retirement/Transition Guide for AT&T Employees.” The Retirement Group, The Retirement Group, 11 Aug. 2020, https://telecom.theretirementgroup.com/att-guide-download-google

AT&T Nonbargained Summary Plan Description, 2020

Posted by Elvis on 12/25/20 •
Section Pension Ripoff
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