Business as Usual: Trillions in Disaster Relief for Corporations and Banks, Spare Change for the People, Hospitals, Small Businesses, State and Local Governments

Great Minds

“Our doctors and nurses are being thoroughly mobilized and worked to limit…Many cases receive no attention at all” (Acting Governor Calvin Coolidge, Massachusetts, 9/25/1918)

“We’re going to keep our small businesses strong and our big businesses strong. And that’s keeping our country strong and our jobs strong.” That’s how President Trump described the Cares Act, the massive so-called pandemic relief bill. That’s not the way most economists describe it. Like the 2008 bailout masterminded by Barack Obama, most of the money will be handed out to banks and large corporations. Everyone else, individual Americans, small businesses, distressed cities and states will nibble from a much smaller pie. Here’s how Trump and his merry band of grifters is going to “keep small businesses strong.” Twenty-seven million small businesses in the U.S. will receive slices of a $300 billion pie. The 18,586 large corporations in the U.S. will feast on $4.3 trillion of government largest, no strings attached. While small businesses can apply for loan forgiveness if they keep their employees on the payroll, corporations are under no such restraint and will not only have their loans forgiven but should their gambling ways get them in trouble again, the Federal Reserve will bail them out — with your money. What’s left for suffering Americans? A one-time means-tested check and a slight increase in both the amount and duration of unemployment, a ninety-day extension of the IRS filing date, and a three-month grace period on student loans (you’ll still have to pay but those months will be tacked onto the end of your loan), That’s it folks. What happens the second month after you’ve spent your government check? Will you be able to pay the rent or mortgage, your credit card bills, your utilities bills? Large corporations won’t have any problem meeting their obligations, with the help of an obliging Fed banker and four (or five or six) trillion to keep those sky-high paychecks, extravagant bonuses and shareholder windfalls coming. And we can’t even go out in the streets to protest. For the chilling details check out “Business as Usual: Trillions in Disaster Relief for Corporations and Banks, Spare Change for People, Hospitals, Small Businesses, State and Local Governments

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Coronavirus —An Opportunity to Push for Single Payer Healthcare?

Coronavirus Demands

Pandemic fever is ramping up in the U.S. Can the hopelessly fragmented and larcenous U.S. profit-driven healthcare system provide the tools to handle this disaster? It’s a big question and the most likely answer is NO. The facts are stark. One-third of the population is uninsured or underinsured. If they need to be tested, what doctor do they call to get a prescription? How much will the doctor charge to give them the go-ahead? If treatment or — heaven forbid — a hospital stay is required, who will pay? The insurance company lobby has already laid down the gauntlet — waiving copays “for testing not treatment.” For those who are uninsured or have huge deductibles, copays are the least of their worries. Would a single payer national healthcare system help mitigate the pandemic wild fire and guarantee needed care for all? Bernie Sanders thinks so — “We have already seen people hit with massive medical bills for doing the right thing by getting tested. Others may face massive bills for hospitalization, treatment and quarantine if they need it. This must end. We need Medicare for All.” Joe Biden repeats the standard neo-liberal excuse for retaining a trillion-dollar plunder — “You got to look at the cost.” That in the face of a peer-reviewed study at Yale that showed a single payer system saved $450 million of U.S, healthcare dollars every year. Who do you believe? Check out “Coronavirus — An Opportunity to Push for Single Payer Healthcare” before you decide.

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Progressive Alert

Bernie and Biden

Judging by the results of Super Tuesday, Joe Biden may be on his way to crushing it at the Democratic convention. That’s right, Progressives, Joe Biden, the mastermind behind the Democratic party’s rightward turn, its renunciation of New Deal reforms, and its embrace of the billionaire class vying to give us four years of Trump-light.

Oh, and one other inconvenient fact that should make Progressives shake in their boots — Joe’s dependence on big Democratic money that regularly buys elections for Democratic hopefuls. Note also his hypocrisy — having one of his gophers announce on September 26, 2019 that… since the beginning of this campaign, Biden for President has not and will not welcome the help of super PACs.” (T.J. Ducklo, 9/26/2019) Less than a month later, Joe’s resolve wavered and died — those who are dedicated to defeating Donald Trump are organizing in every way permitted by current law to bring an end to his disastrous presidency.” (Kate Bedingfield, Biden’s deputy campaign manager, 10/24/2019). Result: Biden super PACS sprung up (like Unite the Country) to monetize Joe’s campaign.

To be fair, Bernie also has super PACS in his corner — Nurses’ Union PAC and a coalition of Progressive organizations representing over two million working class people of color. Grass roots organizing not bundling cash being the objective of Bernie’s PACS.

Particularly troubling in light of Joe’s woeful record of slamming the working class and people of color is the endorsement of Rep. James Clyburn — “I know Joe. We know Joe … But most importantly, Joe knows us.” If Representative Clyburn’s “us” refers to the African American community, his endorsement is baffling. As a result of Joe’s authorship of President Clinton’s catastrophic crime bill (Violent Crime and Law Enforcement Act), the U.S. incarceration rate outstrips that of every other country in the world. Maybe Rep. Clyburn is unaware that people of color are two-thirds of the population in federal lockups. Or maybe he doesn’t care. Joe himself was pretty flippant about his successful push for the bill ‘s passage joking “A wag in the newspaper recently wrote something to the effect that Biden has made it a death penalty offense for everything except jaywalking.” Recently, Joe has tried to run away from his handiwork denying that he had any part in the bill’s creation and passage. Not true says former Senate majority leader and fellow neo-liberal, George Mitchell who touted Joe as “the one person most responsible for passage of this [the crime] bill… the most effective legislator in the Senate, bar none.”

Bernie Sander’s reaction to the crime bill at the time — “What do we have to do, put half the country behind bars?” Sadly, as it turned out, Sanders went on to vote for the bill to preserve the section intended to reduce violence against women. When it turned out that the Violence Against Women act may have actually increased the epidemic of violence, Sanders admitted his mistake — “I was not happy I voted for a terrible bill.” Joe on the other hand couldn’t have been prouder often referring to the “Biden Crime Law” as being responsible for “restor[ing] American cities.”

There’s more, lots more —Joe’s mighty contribution to the passage of NAFTA. The toll: over 700,000 manufacturing jobs lost, the beginning of an era of low wages, declining union clout, and skyrocketing corporate profits. Sanders’ take on NAFTA — “a bad deal for American workers.”

Some of Joe’s other greatest hits. His successful campaign to pass a banker-friendly bankruptcy “reform” bill which eliminated bankruptcy protection for students and curtailed it for poor and working class Americans, his history of opposing desegregation (“a liberal train wreck”), his opposition to abortion, and his attacks on the social safety net, at one time calling on Congress to “require all welfare recipients to sign a contract in which they agree to work in exchange for their benefits,” Remember how horrified Progressive were when twenty-five years later President Trump took Biden’s advice?

Coming from Senate campaigns financed by millionaires and billionaires on Wall Street, in the banking sector and super PACS, is it any wonder that Biden put his political weight behind ending Glass-Steagall, the only bulwark against the predatory instincts of the banks. Bernie wasn’t on board and predicted that the end of Glass-Steagall would lead to “more mega-mergers” and the “further concentration of economic power in this country.”

Progressives, Joe is not your guy. Throughout his long political career Joe’s core “values” as a politician and leader have been to do the bidding of the oligarchs — shrinking the size of government and the social safety net, rolling back protections against violations of civil rights and liberties, cutting key regulations to protect land, air, and water, and rolling back other key reforms of the New Deal and Great Society.

Biden’s ten wins in Super Tuesday primaries display the lengths to which heavyweight Democrats will go to rob Bernie of his shot at the Oval Office. After Rep. Clyburn’s powerful, endorsement in South Carolina (he also endorsed Hillary Clinton in 2016), mirabile dictu, on the eve of Super Tuesday two Democratic candidates, Amy Klobuchar and Pete Buttigieg announced they were ending their campaigns and endorsed Biden.

The dream dies slowly as Biden’s star rises: a healthcare system that takes care of everyone, higher education opportunities that don’t burden young people with lifelong debt, real climate change (not the Obama-Biden reliance on “clean coal as a path to solar and wind power), free day care to give young parents one less thing to worry about and a radical lessening of the inequality that haunts the lives and prospects of too many Americans.

What does Biden offer — neo-liberal economics, austerity and a market economy, continuation of the empire’s focus on war, violence and regime change, a rapidly evolving climate catastrophe, and an out-of-control security and surveillance state.

Sounds just ducky, doesn’t it? Want to know the gory details of Biden’s decade-long pandering to the rich and powerful. Read or reread SA’s earlier articles on a failed leader: On October 22, 2018, Joe Biden: The Kind of Leader the U.S. Doesn’t Need and on April 18, 2019, Joe Biden: Time to Exit Stage Right

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