While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks

“Our research shows just how far railroad executives will go to funnel record profits to their shareholders—even if that means stagnant wages, inhumane attendance policies, and throwing our supply chain into further turmoil,” said one Groundwork Collaborative analyst.

While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks

H/T: Unorthodox Truth

Railway Workers Fight Shows Need for Paid Sick and Family Leave + More Updates

“It staggers the imagination that in September 2022 the workers who keep the trains running did not have even one sick day to care for themselves.”

Railway Workers Fight Shows Need for Paid Sick and Family Leave, Says Economist

Related:

“30 Years in the Making”: U.S. Rail Strike Averted by Tentative Deal as Workers Decry Grueling Conditions

Live updates: Railroad workers livid over deal brokered by Biden and unions to prevent strike

The Failed Serotonin Theory of Depression: A Marxist Analysis

By Carlos L. Garrido – Sep 9, 2022

A recent study published in the journal Molecular Psychiatry sent shockwaves across the scientific community and popular outlets as it disproved the predominant “serotonin hypothesis” of depression. In just two weeks since its publication it has been accessed by nearly half a million people and the subject of dozens of subsequent articles. The researchers analyzed a total of seventeen systematic reviews, meta-analyses, and other large studies focused on the following six tenets pertinent to the “serotonin hypothesis” of depression:

The Failed Serotonin Theory of Depression: A Marxist Analysis

Calling a recession and blaming it on interest rates

The latest US GDP figures for second quarter of 2022 renewed the debate about whether the US economy was in a recession or not. Real GDP contracted in the second quarter of this year by a 0.9% annualised rate (or by 0.2% quarter over quarter). That meant the US economy had contracted for two successive quarters, and so ‘technically’ (by that definition) was in a recession. Real GDP is now up only 1.6% from Q2 2021. And business investment is slowing, up only 3.5% from this time last year, the slowest rate since the end of the COVID slump in 2020.

Calling a recession and blaming it on interest rates

The scissors of slump

Last week, US Treasury Secretary Janet Yellen told the US Congress that “We now are entering a period of transition from one of historic recovery to one that can be marked by stable and steady growth. Making this shift is a central piece of the President’s plan to get inflation under control without sacrificing the economic gains we’ve made.”

It’s true that the US economy since the depths of the pandemic slump, (which remember in terms of national output, incomes and investment was the worst since the 1930s – even worse that the Great Recession of 2008-9) has made a recovery. But it could hardly be described as ‘historic’. And as for the claim that the US economy, the best performing of the major economies in the last year, is heading towards ‘stable and steady growth’, that is not supported by reality.

The scissors of slump

Clearview AI Walks Back Earlier Claims, Is Now Willing To Sell Its Sketchy Product To Anyone With Money And A Pulse

If only Clearview had managed to remain under the radar. If it had, it could have been the stealth privacy assassin multiple entities (both public and private) desire, but are unwilling to admit to using publicly. Even the rest of the facial recognition tech field wants nothing to do with Clearview and the billions of images/data points it has scraped from the public web. Clearview remains alone in its extreme odiousness — a villain rising head and shoulders above its already questionable competition.

Clearview AI Walks Back Earlier Claims, Is Now Willing To Sell Its Sketchy Product To Anyone With Money And A Pulse

Face scanner Clearview AI aims to branch out beyond police:

One of its biggest known federal contracts is with U.S. Immigration and Customs Enforcement, particularly its investigative arm which has used it to track down both the victims and perpetrators of child sexual exploitation. Clearview in March also started offering its services for free to the Ukrainian military, in part to help identify dead Russian soldiers using Clearview’s repository of about 2 billion images scraped from Russian social media website VKontakte.