From Trump to Trade, the Financial Crisis Still Resonates 10 Years Later - The New York Times

From Trump to Trade, the Financial Crisis Still Resonates 10 Years Later - The New York Times

See video:  intro here. Crisis On Wall Street

Trump Claims Credit for the Economy. Not So Fast, Says Obama. - The New York Times

Trump Claims Credit for the Economy. Not So Fast, Says Obama. - The New York Times

Global Climate Action Summit

Global Climate Action Summit  - San Francisco
Sept 12-14.  Videos and more.

https://globalclimateactionsummit.org/about-the-summit/

Climate change is real, it is caused by human activity, and it is having devastating effects around the world and here at home in the United States.

Rising temperatures in the Gulf have strengthened hurricanes such as Harvey in 2017, and have exacerbated the Red Tide to extreme levels, killing wildlife and impacting communities and businesses down the Florida coastline.

In California, global warming has resulted in higher temperatures and less rain causing devastating wildfires to spread at an alarming rate, burning 1.4 million acres in 2018 alone. The raging Mendocino Complex has now become the largest fire in the state's history, burning 450,000 acres.

Stronger and more erratic storms, rising sea levels, extreme heat around the world – the impacts of global warming and the climate crisis are not going to go away. We must come together to force the change that our planet needs.

This Saturday, September 8th, join the Rise for Climate, Jobs & Justice at one of the thousands of rallies in cities and towns around the world to call for a fast and fair transition to 100% renewable energy. Sign up for an event in your city today, and join the movement.

Thank you for staying engaged,

Inside Job- Study Guide

Inside Job Study Guide

http://www.sonyclassics.com/insidejob/_pdf/InsideJob_StudyGuide.pdf

Opinion | How Trump Betrays Forgotten Americans - The New York Times

Opinion | How Trump Betrays Forgotten; Americans - The New York Times

Growth Has Lifted Counties That Voted for Trump. Mostly, It’s the Wealthy Ones. - The New York Times

Growth Has Lifted Counties That Voted for Trump. Mostly, It;s the Wealthy Ones. - The New York Times

Ten Years After the Financial Crisis"

Larry Elliott August 30, 2018 The Guardian Capitalism’s near-death experience with the banking crisis was a golden opportunity for progressives. But they blew it , Mitch Blunt Placards are being prepared. Photo-opportunities are being organised. A list of demands is being drawn up by a coalition of pressure groups, unions and NGOs. Yes, preparations are well under way for protests to mark next month’s 10th anniversary of the collapse of Lehman Brothers – the pivotal moment in the global financial crisis. Make no mistake, the fact that events will take place in all the world’s financial centres is no cause for celebration. On the contrary, it is a sign of failure. The banks were never broken up. Plans for a financial transactions tax are gathering dust. Politicians toyed with the idea of a green new dealand then promptly forgot about it. There never was a huge swing of the pendulum away from the prevailing orthodoxy, just a brief nudge that was quickly reversed. The brutal fact is that the left had its chance, and it blew it. Ten years on, international finance is as powerful as it ever was. There has been only cosmetic reform of the banking industry. Corporate power is ever more concentrated. The benefits of the weakest global recovery from recession in living memory have been captured by a tiny minority. Wages and living standards for the majority in developed countries have grown only modestly, if at all. September 2008 was a near-death experience for global capitalism. At one point there were fears for the entire western banking system; when the recession was at its worst, industrial production was collapsing more quickly than it had in the early stages of the Great Depression. It was that bad. The moment was ripe for politicians brave enough to state the obvious: that the crisis was the result of removing all the shackles on global financial capitalism put in place for good reason in the 1930s. But social democratic parties failed miserably to come up with a progressive response to the crisis that would have involved redressing the imbalance between capital and labour. They were timid when they should have been brave, and have paid a heavy price as a result. Mainstream parties patched up the system and paid scant heed to the anger felt by those who felt ignored. The bitterness bubbled away and eventually found other ways of manifesting itself.In the winter of 2008-09, there was a naive assumption on the left that the shock of Lehmans was so profound that change would inevitably occur. If the oil shocks of the 1970s had been the catalyst for the seizure of control by a rightwing political agenda, then the sub-prime mortgage crisis would do the same for the left. But it wasn’t quite that simple, because those who had done well in the decades that followed the Thatcher-Reagan revolution used all their power, influence, financial clout and cunning to resist change. A few tactical retreats were made in order to safeguard the status quo.