Wall Street Wins, Again: Bailouts in the Time of Coronavirus
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Wall Street Wins, Again: Bailouts in the Time of Coronavirus

Jake Johnson, Nomi Prins [This article has been edited by us, using additional inputs from the following articles: Alana Abramson, Philip Elliott, March 25, 2020, President Trump Signs $2.2 Trillion Coronavirus Stimulus Package Into Law, https://time.com Jack Rasmus, “US Senate’s Final Stimulus Bill: Why It Won’t Be Enough”.] President Donald Trump signed a historic $2.2…

Survive and Revolt
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Survive and Revolt

Paul Street, March 20, 2020 “I Don’t Take Responsibility at All” Millions of U.S. -Americans are no doubt aghast over the Supremely Dangerous Asshole (SDA) Donald Trump’s statement about the coronavirus crisis in the country: “Yeah, no, I don’t take responsibility at all…” None. Zero. Nada. No accountability. At all. Remember Harry Truman’s little much…

Corona – A Plague on Reason
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Corona – A Plague on Reason

Dunu Roy, March 2020 Gautam Navlakha – journalist; rights advocate; dedicated democrat – is directed by the Supreme Court to jail for an imagined violent overthrow of the government. He invites compatriots to listen to Leonard Cohen’s bass call to, “Ring the bell/which still can ring; forget your perfect/offering”. Would Navlakha have been surprised to…

A Pandemic in an Unequal India
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A Pandemic in an Unequal India

Harsh Mander If the COVID-19 pandemic lashes India with severity, it will not be just the middle class who will be affected. India’s impoverished millions are likely to overwhelmingly bear the brunt of the suffering which will ensue. The privileged Indian has been comfortable for too long with some of the most unconscionable inequalities in…

A Niggardly Response to an Extraordinary Crisis
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A Niggardly Response to an Extraordinary Crisis

C.P. Chandrasekhar In a show of solidarity, some of India’s opposition leaders have declared the much-delayed relief package (titled Pradhan Mantri Garib Kalyan Yojana) announced by Finance Minister Nirmala Sitharaman on March 26 to mitigate the effects of the Coronavirus pandemic on the poor as a welcome “first step”. But any serious scrutiny of the…

COVID-19 and Circuits of Capital
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COVID-19 and Circuits of Capital

Rob Wallace, Alex Liebman, Luis Fernando Chaves and Rodrick Wallace   Calculation COVID-19, the illness caused by coronavirus SARS-CoV-2, the second severe acute respiratory syndrome virus since 2002, is now officially a pandemic. As of late March, whole cities are sheltered in place and, one by one, hospitals are lighting up in medical gridlock brought…

After Bloody Day, Coronavirus Meltdown Continues
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After Bloody Day, Coronavirus Meltdown Continues

Yves Smith   There are so many wheels coming off that analysts and the business press is on coronavirus crisis overload. And unlike 2008, the Fed can’t save anyone from the Grim Reaper. Due to being time constrained, we’ll give only a broad brush treatment. As bad as things look, the press is oddly underplaying…

The COVID-19 Debt Deluge
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The COVID-19 Debt Deluge

Jayati Ghosh   Pandemics like COVID-19, alarming and destructive as they are, can serve a useful purpose if they remind everyone of the critical importance of public health. When a contagious disease strikes, even a society’s most protected elites must worry about the health of neglected populations. Those who have advocated privatisation and cost-cutting measures…

America Doesn’t Have a Public Health System
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America Doesn’t Have a Public Health System

Robert Reich   Dr. Anthony S Fauci, director of the National Institute of Allergy and Infectious Diseases and just about the only official in the Trump administration trusted to tell the truth about the coronavirus, said last Thursday: “The system does not, is not really geared to what we need right now … It is…