Billionaire JP Morgan chief attacks socialism as ‘a disaster’

JP Morgan’s Jamie Dimon says socialism leads to “corruption and favouritism.” He says the “specter of socialism is taking over America.” But there is a new socialism that is leading the way.

 

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CBS: Worker wages drop while companies spend billions to boost stocks

“Six months after the Tax Cut and Jobs Act became law, there’s still little evidence that the average job holder is feeling the benefit.”

 

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Capitalism is not our friend; it’s our enemy and our fundamental problem, not guns

Considering the money that is made from promoting gun ownership, whether legal or not, and the windfall profits made from exploiting crimes committed at the hands of someone with a gun, it’s clear why we can’t solve our gun problem.

 

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Guardian: Rapid Fire Rifle Device on Special Offer in Salute to Trump

Among so many indicators, here’s another clear indicator of just how much capitalism contributes to America’s problem with guns. It’s not a mental health problem, it’s clearly a gun problem.

 

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From Education to Social Programs, Tis the Season to Punish the Poor

The disdain for dependency that Charles Dickens exposed 180 years ago is driving social policy in the United States today.

 

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Perspectives: WSJ — Blackstone, Starwood to Merge Rental-Home Businesses in Bet to be America’s Biggest Home Landlord

Control of the rental-home industry by Wall Street began during the Great Recession, when many families lost their homes and had to move into rentals. As the foreclosure crisis deepened, Wall Street began snatching up homes for pennies on the dollar, and now real estate is the third-busiest industry for mergers in America.

Source: Perspectives: WSJ — Blackstone, Starwood to Merge Rental-Home Businesses in Bet to be America’s Biggest Home Landlord

 

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USA Today: Pope Francis warns in TED talk: ‘Power can ruin you’

Pope Francis, an outspoken champion of science and technology, gave his own TED talk Tuesday night, speaking from the Vatican with a three-part message calling for a “revolution of tenderness” and warning those in power to act responsibly or “your power will ruin you.”

Source: USA Today: Pope Francis warns in TED talk: ‘Power can ruin you’

 

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Perspectives: Newsweek: BERNIE SANDERS STILL WANTS A REVOLUTION

We need to reject Capitalism, Conservatism, Libertarianism, Oligarchy, and the Republican Party, and start working for the betterment of our society.

Source: Perspectives: Newsweek: BERNIE SANDERS STILL WANTS A REVOLUTION

 

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Afraid of Jail? Buy an Upgrade

How California’s pay-to-stay jails create a two-tiered justice system.

Source: Afraid of Jail? Buy an Upgrade

 

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New York Times: Chinese Lawmakers’ Wallets Have Grown Along With Xi’s Power

Donald Trump, Vladimir Putin, and Xi Jinping are at the epicenters of a new global oligarchy that’s not just driving up prices of real estate in New York, London, San Francisco, and Vancouver but also entrenching itself politically around the world.

Source: New York Times: Chinese Lawmakers’ Wallets Have Grown Along With Xi’s Power

 

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