Jeff Bezos Donates $120 Million to Fight Homelessness, Then Invests $500 Million to Make It Worse

Among the three richest people on the planet, mega-billionaire Amazon founder Jeff Bezos received some praise last week for announcing approximately $120 million in donations to a number of groups fighting the scourge of homelessness in the United States

Jeff Bezos Donates $120 Million to Fight Homelessness, Then Invests $500 Million to Make It Worse

H/T: Unorthodox Truth

South Korean opposition candidate becomes president

Conservative politician Yoon Suk-yeol has been elected president of South Korea, defeating ruling party candidate Lee Jae-myung in a bitter race to determine who will succeed Moon Jae-in in the Blue House.

South Korean opposition candidate becomes president

Previously:

Is Korea Heading Toward a Political Crossroads?

Lee’s conservative opponent, Yoon Seok-youl of the inaptly-named People Power Party, takes a hardline position on the Democratic People’s Republic of Korea (DPRK – the official name for North Korea), including talking about the option of launching a preemptive strike. Yoon also prioritizes the military alliance with the United States favors joining Washington’s “global coalition” confronting China. “The U.S. is our ally,” Yoon asserts, “while China is a partner. And a partnership is based on mutual respect. China is North Korea’s key ally. Isn’t North Korea our main enemy? We cannot make an alliance with a country that is allied with our main enemy.”

The New York Fed Is Exercising Powers Never Bestowed on It by any Law

The New York Fed Is Exercising Powers Never Bestowed on It by any Law

By Pam Martens and Russ Martens: April 27, 2020 ~

Earlier this month President Trump advanced the view that during a national emergency the President has “total power.” The real power, however, is being exercised by the Federal Reserve Bank of New York (New York Fed) with not so much as one vote by any elected representatives of the citizens of the U.S.