The Alleged News®

Anyone Remember Covid?

by

Turns Out It’s Still HereAlso: It’s Still Bad For You The citizenry of the U.S. of A may be unable to agree on much of anything, but we do appear to have arrived at a consensus about Covid: “Thank God that’s over with. Let’s all go back to living our normal lives, as if all that pain, suffering, and death was just a bad dream.” To whatever extent they still acknowledge that Covid ever existed, right wingers tend to brush it off as just another typical overreaction by liberal weenies. For its part, the Biden administration seems to have stopped keeping track of cases a …

Read more

Billionaire Grandson of Gilded Age Plutocrat Gives Trump Super PAC $50 Million

by

Timothy Mellon is one of at least a dozen billionaires backing Donald Trump’s bid for another four years in the White House. by Jake Johnson Billionaire businessman Timothy Mellon, 81, the grandson of Gilded Age plutocrat Andrew Mellon, made a $50 million donation to a pro-Donald Trump super PAC last month, a day after the former president was convicted by a New York jury on 34 felony counts. Mellon had previously donated $25 million to super PACs backing both Trump, the presumptive Republican nominee, and Robert F. Kennedy Jr., an independent presidential candidate. The New York Times noted late Thursday that Mellon, a reclusive GOP …

Read more

Courts Protect Right to Profit From Destruction

by

by Julia Conley A week after the European Union announced its withdrawal from the controversial Energy Charter Treaty, which has been criticized for being one of many global agreements that allow fossil fuel companies to sue governments, a coalition on June 6th released an analysis showing just how lucrative such deals have been for firms whose emissions are wreaking havoc on the planet. The Transnational Institute, the Trade Justice Movement (TJM), Power Shift, and the Institute for Policy Studies joined forces to unveil the Global ISDS Tracker, which includes data on more than 1,300 cases that have made their way to secretive tribunals set up …

Read more

Are Workers Just Too Stupid to Understand Inflation?

by

by Les Leopold The pundits are at it again, fretting over the latest poll numbers showing that President Biden is losing in the key swing states, especially those like Michigan, Pennsylvania, and Wisconsin, with heavy concentrations of working-class voters. With inflation down, unemployment at record lows, wages up, and infrastructure projects popping up across the country, the pundits wonder why aren’t these workers thrilled with the economy? The not-so-subtle implication is that American workers are too dumb to realize that wages are rising faster than the higher prices they see all around them. Even Robert Reich, who I truly admire and hate to call out, …

Read more

‘Scathing Indictment’ of Big Oil Lies Unveiled on Eve of Senate Hearing

by

by Jessica Corbett Two U.S. Congressional committees on Tuesday released a report that “provides a rare glimpse into the extensive efforts undertaken by fossil fuel companies to deceive the public and investors about their knowledge of the effects of their products on climate change and to undermine efforts to curb greenhouse gas emissions.” The report—titled “Denial, Disinformation, and Doublespeak: Big Oil’s Evolving Efforts to Avoid Accountability for Climate Change”—was released after nearly three years of investigation by the Democratic staffs of the House Committee on Oversight and Accountability and the Senate Budget Committee. “For decades, the fossil fuel industry has known about the economic and …

Read more

Last Year, You Spent More Than a Month’s Rent on Pentagon Contractors

by

A dollar by dollar look at how our taxes enrich military contractors — at the expense of things that actually make us secure. By Lindsay Koshgarian Ever wonder where your taxes go? Each year, the Institute for Policy Studies releases a tax receipt so you can find out. One item always stands out: the Pentagon—and the contractors who profit off it. In 2023, the average taxpayer spent $2,974 on the Pentagon. Of that, just $705 went to salaries for the troops, who often have to rely on programs like food stamps. A much larger sum—$1,748—went to corporate Pentagon contractors. That’s more than the average American’s …

Read more