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Posted in Investigations News Pro Publica

Mar-a-Lago buddy used “Shadow” sway over the VA to promote his comic book empire

Marvel chief Ike Perlmutter arranged for comic book characters to ring the NYSE closing bell with the VA secretary in 2017, according to a new government audit. Perlmutter has denied benefiting from his role as an…

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Posted in Bailout 2020 Investigations News Pro Publica

This Treasury official Is running the bailout. It’s been great for his family.

Deputy Treasury Secretary Justin Muzinich has an increasingly prominent role. He still has ties to his family’s investment firm, which is a major beneficiary of the Treasury’s bailout actions. by Justin Elliott, Lydia DePillis and Robert…

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Posted in Business Coronavirus Politics Pro Publica

The secret, absurd world of coronavirus mask traders and middlemen trying to get rich off government money

The federal government and states have fueled an unregulated, chaotic market for masks ruled by oddballs, ganjapreneurs and a shadowy network of investors. by J. David McSwane Monday, June 1, 5 a.m. EDT It was 10…

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Posted in Analysis Coronavirus Pro Publica

100,000 lives lost to COVID-19. What did they teach us?

Each person who has died of COVID-19 was somebody’s everything. Even as we mourn for those we knew, cry for those we loved and consider those who have died uncounted, the full tragedy of the pandemic…

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Abandoned mask
Posted in Coronavirus News Pro Publica

Masks sold by former White House official to Navajo hospitals don’t meet FDA standards

New information from the Indian Health Service calls into question why the agency purchased expensive medical gear that it now cannot use as intended. by Yeganeh Torbati and Derek Willis May 27, 5:20 p.m. EDT The…

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Lisa Larson-Walker/ProPublica
Posted in Accountability Congressional Oversight Coronavirus Misleading advertising News Pro Publica

A closer look at federal COVID contractors reveals inexperience, fraud accusations and a weapons dealer operating out of someone’s house

The Trump administration has promised at least $1.8 billion to 335 first-time contractors, often without competitive bidding or thorough vetting of their backgrounds. by Ryan Gabrielson, Lydia DePillis, J. David McSwane and Derek Willis, ProPublica, and…

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Posted in Coronavirus News Pro Publica Safety Net

Democratic congressman calls for probe into former White House official’s $3 million mask deal

Trump’s former deputy chief of staff won a $3 million federal contract just days after registering his company. He delivered masks to Navajo hospitals that may not work. Rep. Gerry Connolly asked the HHS inspector general’s…

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Posted in Bailout 2020 News Worker Safety Workers

‘How the Trump White House sees you’: top economic adviser under fire for calling workers ‘human capital stock’

“They’ve always been indifferent to human life. And in the face of mass death, the masks are coming off.” by Jake Johnson, staff writer Tuesday, May 26 In a remark critics characterized as further evidence that…

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Posted in Columns Democracy Hightower OtherWords

How pro-Trump millionaires robbed small businesses of coronavirus aid

Thanks to a specially carved loophole, one multi-millionaire claimed 339 times more than the average small business received. by Jim Hightower May 20, 2020 Monty Bennett was just another faceless right-wing millionaire on the long list…

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Employees at one Nike facility were given face masks like the one above. (Obtained by ProPublica and MLK50)
Posted in Coronavirus News Pro Publica Public Health

Nike turned away a public health official from Its warehouse days after a worker with COVID-19 died

The Health Department received a complaint that a Nike warehouse wasn’t being cleaned thoroughly or allowing for social distancing. Its inspector wasn’t allowed inside. Twenty-one workers have tested positive for COVID-19 at Nike’s Memphis locations. by…

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JPMorgan Chase is the world’s largest funder of fossil fuels. Without that money, the fossil fuel companies simply can’t afford to build their new mines, pipelines or fracking wells. (Photo: Antonia Juhasz/Twitter)
Posted in Analysis Banks Climate change Energy Fracking

In the Fight to Curtail the Climate Crisis, the Earth Just Moved a Little

Nearly half of Chase’s owners have demanded to know how the bank plans to align its business model with the Paris Agreement. On the surface, that probably doesn’t sound like an earthquake. But it’s quietly seismic….

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Posted in Bailout 2020 Common Dreams News

Small business owners to McConnell: Stop using our plight to push for Covid-19 corporate immunity

“With this perverse cost-shift, corporate immunity could result in only the most irresponsible corporations surviving the pandemic.” by Jake Johnson, staff writer Wednesday, May 20 A coalition of more than 30,000 small business owners across the…

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Posted in Bailout 2020 Coronavirus News Pro Publica

Wedding planner, caterer, “brand builder”: Trump’s food aid program Is paying $100+ million to unlicensed dealers

Contractors with no experience in food distribution are looking for suppliers on Facebook while some food banks scramble to find desperately needed deliveries. by Isaac Arnsdorf Tuesday, May 19, 6 a.m. EDT A food relief program…

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Posted in Bailout 2020 Coronavirus News Pro Publica

Another private jet company owned by a Trump donor got a bailout — This one for $20 million

The two private jet companies are among the first 96 airline companies disclosed as recipients of taxpayer funds under the CARES Act. by Jake Pearson May 15, 5:02 p.m. EDT An Omaha, Nebraska-based private jet company…

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Posted in Banks News Pro Publica

Whistleblower: Wall Street has engaged in widespread manipulation of mortgage funds

Securities that contain loans for properties like hotels and office buildings have inflated profits, the whistleblower claims. As the pandemic hammers the economy, that could increase the chances of another mortgage collapse. by Heather Vogell Friday,…

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Posted in Columns Hightower OtherWords

CEOs aren’t Pigs. That’s unfair to — to pigs —

—Pigs are intelligent animals with a sense of social responsibility. CEOs are looting taxpayers funds meant for small businesses.   by Jim Hightower Wednesday, May 13, 2020 There’s a general sentiment today that multimillionaire corporate chieftains…

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Posted in Bailout 2020 Common Dreams Coronavirus News

Progressives sound alarm as BlackRock prepares to lead the Fed’s Covid-19 corporate bailout program

‘Conflicts of Interest Abound’ “We cannot afford to allow the interests of private corporations to supersede the needs of the American people and the long-term stability of our economy.” by Jake Johnson, staff writer BlackRock, the…

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Posted in Analysis Bailout 2020 Coronavirus Pro Publica

The bailout Is working — for the rich

The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government’s…

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Posted in Accountability Bailout 2020 Coronavirus News

COVID bailout cash goes to big players that have paid millions to settle allegations of wrongdoing

by  Rachana Pradhan and Fred Schulte, Kaiser Health News May 9, 2020 The Trump administration has sent hundreds of millions of dollars in pandemic-related bailouts to health care providers with checkered histories, including a Florida-based cancer…

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Posted in Bailout 2020 Business Columns Coronavirus Rathke: Chief Organizer Report Worker Safety

Workers and bosses are caught in a reopening Catch-22

Pearl River    In the United States when dealing with a program that is touted as a lifesaver for what will likely be fifty million unemployed workers and another program that is designed, ostensibly, to help…

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Posted in Analysis Business Coronavirus Law The Conversation Worker Safety

Why offering businesses immunity from coronavirus liability is a bad idea

  by Timothy D. Lytton, Georgia State University Governors around the country are attempting to restart the economy by easing restrictions put in place to prevent the spread of COVID-19. The prospect of returning to “normal”…

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Posted in Bailout 2020 Common Dreams News Safety Net

Trump says no to additional Covid-19 stimulus checks, backs cutting tax that funds Social Security instead

“Cutting payroll taxes does nothing to help seniors or the millions of people who just lost their jobs. It does, however, defund Social Security and Medicare—which is why Trump is obsessed with the idea.” by Jake…

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Through the Primary Market Corporate Credit Facility, the Fed will provide $500 billion to companies by buying bonds, but the companies will not be required to retain employees or limit executive pay. (Photo: Public Domain)
Posted in Bailout 2020 Common Dreams News

Federal Reserve to offer corporations $500 billion no-strings-attached bailout loophole

‘Lining Up at the Trough’ “Big corporations have shown time and again that they will put their shareholders and executives ahead of their workers if given the choice.” by Julia Conley, staff writer A Federal Reserve…

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Posted in Common Dreams News Politics Restart 2020

McConnell wants corporate immunity from Covid-19 lawsuits

‘No Consequences for Negligence That Kills’: “This is one of the most appalling things I’ve heard in the context of this crisis.” by Jake Johnson, staff writer Tuesday, April 28 Senate Majority Leader Mitch McConnell is…

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