US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

The US Federal Reserve printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs. 93% of Silicon Valley Bank’s deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB’s loans went to venture capitalist and private equity firms.

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

Red Scared: Revising history at the Victims of Communism Museum

“THERE IS NO WAY he is a victim of communism,” my partner quips, pointing to a photo of the late Pope John Paul II. We are near the end of our visit to the new Victims of Communism Museum, standing in an elevator-size lobby with photographs of “victims” screen-printed all over the walls. Among the many victims and honorees: Chinese artist Ai Weiwei, the Dalai Lama, Romanian writer Herta Müller, Hong Kong activist Joshua Wong, and Hungarian neofascist Viktor Orbán.

Red Scared: Revising history at the Victims of Communism Museum (archived)

Euthanasia Used in Canada to Get Rid of Poorest People

Euthanasia Used in Canada to Get Rid of Poorest People

Related:

Canadians Turn to Euthanasia as Solution to Unbearable Poverty

Why is Canada euthanising the poor?

The problem is neoliberalism—or capitalism, whatever you want to call it! The government doesn’t want to spend more on healthcare (Medicare), welfare, or affordable housing—things that fiscal conservatives, and corporate democrats won’t fund! Yet, there’s always money for war!

What the 2022 Midterm Election Charade Offers Us

That neither the Democrats nor the Republicans are offering anything to alleviate the problems working people face is illustrated by their campaign fear-mongering – the former over “fascism” and the latter over “socialists” and “radicals.” No matter which party dominates the midterm elections, do not expect either will herald in fascism or socialism.

What the 2022 Midterm Election Charade Offers Us

Grandma Arrested for Feeding People in Need

In Bullhead City, Arizona, your kindness might cost you your freedom. It nearly did for Norma Thornton, a 78-year-old grandmother who was arrested and criminally charged for feeding those in need in Bullhead City. Under a new ordinance, the city has deemed it a criminal misdemeanor—punishable by fines and even imprisonment—to share prepared food in a public park “for charitable purposes.” As the city attorney clarified, people may freely share food in public parks at “social events, which would include a party.” But be sure your “party” doesn’t include any homeless people, or you might go to jail.

Arizona Charitable Giving

Another evil domestic terrorist taken down (this officer was nicer, at least)! Can’t fix homelessness but Congress can fund terrorists overseas!