disaster capitalism

What Stage of Capitalism Is This?’ Hedge Fund $3 Billion Richer Thanks to Wager on Wildfire Insurance Claims

Disaster capitalism, like a cancer metastasizing: “While fire victims across California—and elsewhere in the country—continue to suffer the impacts of increasingly destructive wildfires, the ability of hedge funds to profit from such calamities provoked critics of the financial system and its perverse incentives. “ What Stage of Capitalism Is This?’ Hedge Fund $3 Billion Richer …

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Groups Denounce Gutting of Environmental Rules ‘When Trump Thinks No One is Paying Attention’ | Common Dreams News

“This recent executive action cements the Trump administration’s legacy as the most callous and brutal regime in modern times,” said Brown.” “Allowing the fossil fuel industry to dig, drill, and frack unbounded by NEPA amounts to a targeted strike on people of color and low-income communities most likely to be impacted by these hazardous practices.” …

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Trump orders agencies to cut regulations that ‘inhibit economic recovery’

Disaster Capitalism on steroids’: “Step one: Remove the Inspectors General who keep an eye on wrongdoing at our federal agencies. Step two: Tell the agencies that it’s open season on measures that keep workers, consumers, and the environment safe,” Rep. Bonnie Watson Coleman (D-N.J.) tweeted. Trump orders agencies to cut regulations that ‘inhibit economic recovery’ …

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In cover of the pandemic: Advocates raise questions about proposal to allow some nuclear waste to be disposed in landfills

Trump Administration floats nuclear waste dumps in municipal landfills to save costs for industry…..“NRC’s action could transform most municipal dumps into radioactive repositories, with essentially no safeguards for workers, nearby residents, or adjoining water tables,” he said. “ Advocates raise questions about proposal to allow some nuclear waste to be disposed in landfills By Rachel Frazin …

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Turns out Carnival Cruise Line got a backdoor multibillion-dollar bailout from the federal reserve

Registered in Panama, paying no US taxes: Turns out Carnival Cruise Line got a backdoor multibillion-dollar bailout from the federal reserve Attribution: AFP via Getty Images “Based in Miami.” Incorporated in Panama. Apr 27, 2020 12:08pm PDT by Walter Einenkel, Daily Kos Staff Carnival Cruise Line, after “missing out” on the original set of big …

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Trump’s White House is finally preparing for something: Beating back oversight of coronavirus relief

Trump’s White House is finally preparing for something: Beating back oversight of coronavirus relief Laura Clawson   Daily Kos Staff Friday April 10, 2020 · 6:39 AM PDT 41 Comments 41 New Coronavirus is going to give the Trump White House another opportunity to put into play the obstruction tactics it honed during the impeachment inquiry. There’s …

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