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The MAGA storming of the Capitol is one year old. The attempted coup is still happening. The reshaping of the Republican Party as an insurrectionary force and the expansion of armed gangs aim to smash democracy. Please help us to inform, to mobilize and to inspire the forces of multi-racial, radical, inclusive democracy to defeat this threat in 2022.

 

The Perfect Storm, of Logistics

Sergio Bologna il manifesto
The shipping companies have been transporting goods at a loss. They put too many ships into service and they continued to order increasingly larger ships at. The shipyards competed fiercely for the orders and built the ships at bargain prices, although they are technological jewels. With the increase in freight capacity, freight rates plummeted, volumes grew but the income per unit of freight transported decreased. Then, China slowed exports creating the perfect storm.

Trump Casinos' Tax Debt Was $30 Million. Then Christie Took Office.

Russ Buettner New York Times
But the year after Governor Christie, a Republican, took office, the tone of the litigation shifted. The state entertained settlement offers. And in December 2011, after six years in court, the state agreed to accept just $5 million, roughly 17 cents on the dollar of what auditors said the casinos owed.

books

Our Universities: The Outrageous Reality

Andrew Delbanco New York Review of Books - July 9, 2015 Issue
In higher education, whether as affordable land-grant state colleges, tuition-free municipal universities, grants to children of the poor or need-blind admissions, access to learning was at least prized as a right, not a privilege. As tuition and administration costs soar, the number of low-paid adjuncts explodes and financial aid collapses, college funding shifts from the public purse to student debt. Wither democracy or plutocracy?

Why Chicago Won't Go Bankrupt - And Detroit Didn't Have To

Saqib Bhatti In These Times
Detroit's bankruptcy wasn't inevitable. Neither is Chicago's. But the austerity hawks don't want you to know that...When cities and states borrow money by issuing bonds, the lenders are typically high-wealth individuals, who purchase the bonds to get a tax break. It is a perverse system through which, rather than paying their fair share in taxes, the wealthy are instead able to lend that money to us, charge us interest for it, and then claim a further tax break on it.

labor

In Largest-ever U.S. City Bankruptcy, Cuts Coming for Detroit Creditors, Retirees

BY JOSEPH LICHTERMAN AND BERNIE WOODALL Reuters
Harold Schaitberger, general president of the International Association of Fire Fighters based in Washington, said, "Going forward, this is as much about politics and the priorities of public officials as it is about bankruptcy and the court." Schaitberger said that elected officials in the United States are expected to continue to "push for austerity no matter the cost to the lives of workers and public safety."

labor

Detroit Union Files Challenge to City's Bankruptcy Petition

Joseph Lichterman and Bernie Woodall Reuters
The American Federation of State, County and Municipal Employees Council 25 said Detroit, which last month filed for what would be the largest-ever U.S. municipal bankruptcy, has not proven it is insolvent and has not negotiated in good faith with its creditors. In a filing with the U.S. Bankruptcy Court in Detroit, the union said it was also challenging the constitutionality of Chapter 9 of the federal bankruptcy code, arguing that it encroaches on states' rights.

AFSCME and Michigan Working Families Respond to Detroit Bankruptcy Filing

Jackie Tortora AFL-CIO Now
Gov. Snyder’s plan to suspend democracy, drive one of America’s largest cities into bankruptcy and deprive workers of their hard-earned retirement security, moved dangerously closer to reality today when without a single negotiation with unions, workers or retirees, Snyder authorized Detroit’s financial manager to file for bankruptcy.
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