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Profiting Off The Poor and Disabled in The Poverty Industry

  • This hour, we'll discuss the rise of the poverty industry and how it plays out across the U.S. 
  • Related: Here are 7 things people who say they’re ‘fiscally conservative but socially liberal’ don’t understand

All Sides Staff, Radio WUSU

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June 7, 2016 | The poverty industry is made possible when social service funds don't end up where they are suppose to and instead, the government and private industry profits off of the poor and disabled. This hour, we'll discuss the rise of the poverty industry and how it plays out across the U.S. and in Ohio. 

Guests:

• Daniel Hatcher, Author, The Poverty Industry: the Exploitation of America’s Most Vulnerable Citizens

Jack Frech, Anti-Poverty Advocate and Retired Director, Athens County Job and Family Services Department

Full story … http://radio.wosu.org/post/profiting-poor-and-disabled-poverty-industy

 

Related:

 

Here are 7 things people who say they’re ‘fiscally conservative but socially liberal’ don’t understand, Greta Christina, Raw Story <http://www.rawstory.com>

 

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If you care about marginalized people — if you care about the oppression of women, LGBT people, disabled people, African Americans and Hispanics and other people of color — you need to do more than go to same-sex weddings and listen to hip-hop. You need to support economic policies that make marginalized people’s lives better. You need to oppose economic policies that perpetuate human rights abuses and make marginalized people’s lives suck.

And that means not being a fiscal conservative.

Noam Chomsky: America Hates Its Poor

http://evergreenedigest.org/here-are-7-things-people-who-say-they’re-‘fiscally-conservative-socially-liberal’-don’t-understand

 
Section(s): 

The Progress of Christ in Commercial America: A Review of Chris Lehmann’s The Money Cult

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Lehmann’s excavations may be sobering, but it is absolutely necessary for us to know this backstory if we are to have any hope of understanding the contemporary religious and political landscape, including the spiritual context that lies behind Trumpism’s rapid ascent.

Peter Laarman, Religion Dispatches

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http://religiondispatches.org/wp-content/uploads/2016/06/godtrust-690x460.jpgJune 9, 2016 At 400 pages, Chris Lehmann’s The Money Cult: Capitalism, Christianity, and the Unmaking of the American Dream examines in appropriate depth the “mystery [of] just how America’s once-austere and communal version of dissenting Protestantism developed into such a ripe recruiting ground for the sanctified capitalism of our financialized, upward-skewing, and uniquely destructive market order.”

Author Lehmann is neither a professional historian nor a religion specialist. He’s a brainy journalist, part of the Baffler set. His subtle treatment of complex subject matter reminds us that it’s always deep reading and a capacity to write clearly that matters most. His achievement reminds me of other significant historical works by “uncredentialed” scholars : T.J. Stiles on Cornelius Vanderbilt and George Armstrong Custer, James Bradley on racialized imperialism, and (most creditably) Douglas A. Blackmon on the significance of black convict labor.

Peter Laarman is a United Church of Christ minister and activist who recently retired as executive director of Progressive Christians Uniting in Los Angeles. He remains involved in numerous justice struggles, in particular a campaign known as Justice Not Jails that calls upon faith communities to critique and combat the system of racialized mass incarceration often referred to as The New Jim Crow.

Full story … 

Special Report | The Panama Papers Scandal: A Man, A Plan, A Shell Account, Panama

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Panama Papers Show How Rich United States Clients Hid Millions Abroad

 

Eric Lipton and Julie Creswell, New York (NY) Times

 

 

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https://static01.nyt.com/images/2016/06/06/us/06panama1/06panama1-master768.jpg Panama City, Panama, home to the law firm Mossack Fonseca. A trove of the firm’s internal documents, known as the Panama Papers, have shaken the financial world.  Credit  Joe Raedle/Getty Images

June 5, 2016 | Over the years, William R. Ponsoldt had earned tens of millions of dollars building a string of successful companies. He had renovated apartment buildings in the New York City area. Bred Arabian horses. Run a yacht club in the Bahamas, a rock quarry in Michigan, an auto-parts company in Canada, even a multibillion-dollar hedge fund.

 

Now, as he neared retirement, Mr. Ponsoldt, of Jensen Beach, Fla., had a special request for Mossack Fonseca, a Panama-based law firm well placed in the world of offshore finance: How could he confidentially shift his money into overseas bank accounts and use them to buy real estate and move funds to his children?

Eric Lipton is a Washington-based correspondent for The New York Times, where he writes about government relations, corporate agendas and Congress; and 

Julie Creswell is a staff reporter for The New York Times, primarily writing features for the business section that follow the flow of money around private-equity firms, Wall Street banks, healthcare companies and real estate investments.

Full story … 

The Feigned and Future Demise of Big-Oil

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Nations around the world must prepare to develop infrastructure around alternative energy and electric vehicles – leveraging their natural and human resources to innovate and implement these solutions where eventually the collapse of big-oil will leave a void.

Tony Cartalucci, New Eastern Outlook

http://journal-neo.org/wp-content/uploads/2016/05/BP-Mission-Statement-Values-Founders-Trivia-History-300x225.jpg  26.05.2016 | Four of the top five Global Fortune 500 corporations are involved in petroleum refining. Together with big-finance and industrial giants like big-auto and utility monopolies, big-oil dominates the global economy.

The monopoly it enjoys grants it the unwarranted power and influence it has wielded throughout the 20th and 21st centuries. And because big-oil is integrated into big-finance and other corporate-financier monopolies through various mutual interests, its influence reaches even further still.

Tony Cartalucci, Bangkok-based geopolitical researcher and writer, especially for the online magazine “New Eastern Outlook”.

Full story … 

Related:

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Big Oil Told to Adapt or Die, Kieran Cooke, Climate News Network / EcoWatch 

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“The oil markets are going through fundamental structural changes driven by a technological revolution and geopolitical shifts. The old cycle of lower prices followed by higher prices can no longer be assumed to be applicable.”

-- Paul Stevens, a senior research fellow at the London-based Chatham House think tank, the Royal Institute of International Affairs.

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