Regal fritillary (Speyeria idalia)
Southcentral Wisconsin, USA
7/172018 632aaa3
Britney Griner should have been freed. And now that she has the guy she was traded for raises a whole keg of worms that need to be addressed:
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Powell’s raising interest rates is a gift to big business in the form of hobbled labor – it’s a campaign stunt:
“"Experts from Nobel Laureate economists to business leaders agree: adding more fuel to the fire risks throwing our economy into a painful recession."
Economists and progressive policy advocates on Tuesday urged the Federal Reserve to abandon its plans for further interest rate hikes—or, at the very least, slow down significantly—after the Labor Department released data showing that inflation cooled more than expected in November, the second consecutive month of lighter-than-anticipated price increases.
The Bureau of Labor Statistics said Tuesday that the Consumer Price Index (CPI) rose just 0.1% last month compared to a 0.4% increase in October as inflationary pressures eased across the economy, from food to transportation to medical services. Compared to a year ago, inflation was up 7.1% in November, the lowest level since December 2021.
"The Fed is putting the onus of fighting inflation on workers and consumers rather than on the corporations responsible for it."
"Today's cooler-than-expected CPI report sends a clear message that [Fed Chair Jerome] Powell should think twice before hiking up interest rates again," said Michael Mitchell, director of policy and research at the Groundwork Collaborative. "Powell himself has admitted that we have yet to feel the full impact of interest rate hikes on our economy. Experts from Nobel Laureate economists to business leaders agree: adding more fuel”
“As Inflation Cools, Experts Warn Powell to 'Think Twice Before Hiking Up Interest Rates Again'”
Raising interest rates further to combat greed-inflation is disingenuous. It is more likely Powell saw increased consumer spending (mostly via credit card) and it was too juicy a target to pass up in his quest to make labor desperate
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“The pay of CEOs has absolutely skyrocketed to levels that are quite alarming and going unchecked.
We wouldn’t be talking about this if there was some empirical evidence that said ‘wait, look at the vastly superior performance you’re getting from your CEOs for offering this higher pay’ but there isn’t any evidence that that is happening. They’re just getting paid more because they are.”
For the latest from Pitchfork Economics Podcast, economics journalist Mark Kreidler talks with me and Goldy about how ridiculously huge CEO paychecks are directly contributing to inequality throughout our economy.
“CEO PAY IS OUT OF CONTROL”
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Large scale solar farms can still produce food just not in an industrial fashion - lease plots for small vegetable gardens & coop gardens. Goats and sheep can graze under solar panels. And for CHRIST SAKE STOP MOWING the panel field! Short grass prairie will help pollinators! Govt needs to get off their ass and maximize the social benefits from solar farms.
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America experiencing over 3,000 COVID deaths week and rising as Federal Reserve once again hiked interest rates candidly citing softening of the labor market (deaths of American citizens goes up with rising unemployment - they know this but the rich are worth our lives to them)
Pinochet, Iran’s growing body count,.…power doesn’t give up power willingly and we can expect the same from the 2 party\3 branch collection of fascist human filth here in America
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“Is The US Becoming A Dystopia?”
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