Economist Wolff on coronavirus crisis


This 4 April 2020 by economist Richard Wolff from the USA says about itself:

Wolff Responds: Lessons Learned from Corona Pandemic

Professor Wolff addresses the current pandemic caused by the capitalist system’s gross inefficiencies. Capitalism in the US failed spectacularly to plan and prepare for the outbreak. A system that focuses on profits over people doesn’t find it profitable to produce and stockpile test kits, ventilators, hospital beds, gowns, and masks making a dangerously contagious virus even tougher to fight.

Folk singer Julie Felix, RIP


Julie Felix. Photo: AnnFran Morris/Creative Commons

By Steve Johnson in Britain:

Saturday, April 4, 2020

OBITUARY: Julie Felix: Singer and peace campaigner

AT THE height of her fame in the 1960s Julie Felix, who died on March 22 at the age of 81, was often referred to as “Britain’s First Lady of Folk”. despite coming from California.

It was in Britain, however, where her musical career developed. After travelling through Europe, with the help of communist folk artist Bruce Dunnett, she initially started performing in folk clubs in Britain.

Landing a record contract with Decca, her debut album in 1964 consisted largely of cover versions of songs by artists like Woody Guthrie, Bob Dylan and Tom Paxton.

British Conservative Rees-Mogg profiteering over coronavirus


This 5 April 2020 video from Britain says about itself:

Jacob Rees Mogg’s firm set to make fortune from the coronavirus crisis

EXCLUSIVE: Somerset Capital Management, which the MP co-founded, says market volatility offers a “once or twice in a generation” opportunity to make “super normal returns”.

By Peter Lazenby in Britain:

Sunday, April 5, 2020

Jacob Rees-Mogg to profit over coronavirus

TORY Minister and multimillionaire Jacob Rees-Mogg is to become even richer because of the coronavirus pandemic, it was revealed today.

The North-East Somerset MP owns about 15 per cent of a firm that is buying up shares in companies hit by the virus crisis and stands to cash in when their value increases.

Somerset Capital Management (SCM) said that investors have a “once in a generation” chance of “super-normal returns.” Potential gains of up to 500 per cent are being anticipated.

Conservative Prime Minister Boris Johnson taken to hospital for coronavirus tests: here.

Coronavirus crisis and money in the USA


This 5 April 2020 video about the USA says about itself:

“Who’s going to pay for it?”: DEVASTATING Last Words of a Coronavirus Patient

Yesterday on social media, a post by Dr. Derrick Smit went viral when he recounted how one of his recent patients, who had to go onto a ventilator, asked his final question: “Who’s going to pay for it?” For Dr. Derrick Smit, this showed how broken the American healthcare system was because during such a dark moment, people should not have to worry about their finances or burdening their loved ones.

But while Joe Biden remains wedded to profit-based models that will leave millions out, Bernie Sanders agrees with this Doctor: Only a universal, single-payer, Medicare for All system will protect Americans during the coronavirus crisis and beyond.

Coronavirus Proves Need for Free Healthcare for All– Now. By Winnie Byanyima.

Billionaire US senator Loeffler’s coronavirus profiteering


This 5 April 2020 video from the USA says about itself:

Senator Kelly Loeffler’s Insider Trading EXPOSED

[Republican party] Sen. Kelly Loeffler’s is under federal investigation for insider trading. John Iadarola and Jayar Jackson break it down on The Damage Report.

“Sen. Kelly Loeffler (R-Ga.) and her husband, Jeffrey Sprecher, purchased and sold about $1.4 million in stock during the market panic set off by the coronavirus pandemic, the Wall Street Journal reports.

Why it matters: Though the couple still lost money, they were able to limit the financial blow from the stock market’s worst month since October 2008.

Details: Loeffler reported that she and her husband bought $590,000 worth of stock and sold about $845,000 from Feb. 18 through March 13, according to WSJ‘s review of the senator’s financial disclosure.

– If they held the shares they sold until March 31, they would have been valued at $86,000 less than what they sold them for.
– The stocks they bought declined after they purchased them and resulted in losses of $102,000 through March 31.

Loeffler and her husband sold stocks in retail stores, such as Lululemon and T.J. Maxx, and invested in a company that makes COVID-19 protective garments for medical workers, according to a review by the Atlanta Journal-Constitution.

Of note: Sprecher is the CEO of Intercontinental Exchange, which owns the New York Stock Exchange.”

Read more here.

At least two Republican senators, Richard Burr (R-N.C.), the chairman of the powerful Senate Intelligence Committee, and Kelly Loeffler (R-Ga.), sold hundreds of thousands if not millions of dollars in stock shortly after Congress began receiving regular briefings about the outbreak of coronavirus spreading around the globe. [HuffPost]

Greater sage-grouse in the USA


This 1 April 2020 video from the USA says about itself:

Male Greater Sage-Grouse strut, fan out their tail feathers and swell their breasts to attract a hen. \Unfortunately, oil and gas development, overgrazing, sagebrush removal and wind energy have taken a toll on the bird’s habitat.