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A disease associated with poverty reappears in the US after decades

globinfo freexchange Richard Wolff reveals another shocking fact showing that poverty and inequality have been growing continuously inside the obsolete capitalist system. A recent study reveals that a disease related to poverty has returned to the United States: A study carried out by the National School of Tropical Medicine at Baylor College of Medicine, in conjunction with the Alabama Center for Rural Enterprise (ACRE), found that a disease - associated throughout the history of medicine with poverty - has resurfaced in the United States, decades after it was officially announced to have been eradicated. The disease is called Hookworm, an intestinal parasite that thrives on extreme poverty. The study found that in the state of Alabama, which is where this study was conducted, there are all kinds of incidences of Hookworm that we thought we had eradicated. In a survey of people, living in Lowndes County, which is a county in Alabama, an area wi

Gary Cohn is giving Goldman Sachs everything it ever wanted from the Trump Administration

Gary Rivlin, Michael Hudson Part 1 Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s improbable victory, and Cohn, then still the president of Goldman Sachs, was at Trump Tower presumably at the invitation of Kushner, with whom he was friendly. Cohn was there to offer his views about jobs and the economy. But, like the man he was there to meet, he was at heart a salesman. On the campaign trail, Trump had spoken often about the importance of investing in infrastructure. Yet the president-elect had apparently failed to appreciate that the government would need to come up with hundreds of billions of dollars to fund his plans. Cohn, brash and bold, wired to attack any moneymaking opportunity, pitched a fix that would put Wall Street firms at the center: Private-industry partners could h

Banning Saudi Arabia from Labour conference hints at Corbyn’s likely tough stance as PM

Labour leader Jeremy Corbyn’s decision to bar Saudi Arabia from his party’s annual conference next week suggests he would not be afraid to cut military and diplomatic ties with the Gulf kingdom over its war on Yemen if he becomes prime minister. A Labour spokesperson told the Huffington Post on Monday: “ Following evidence of war crimes committed by Saudi Arabia in its bombing campaign in Yemen and other large scale human rights abuses, the NEC [National Executive Committee] agreed that the embassy’s application to attend the Labour Party conference would not be accepted. ” Labour also barred Sudan from the conference, which begins next Sunday in Brighton. In response, the London office of the League of Arab States wrote to Labour MPs and peers to tell them a reception and dinner hosted by Arab ambassadors would be canceled. “ Unfortunately, the council of Arab Ambassadors has taken the decision to cancel its annual reception and buffet dinner, ” the lett

Over 3,000 new US troops headed to Afghanistan - Pentagon

US Defense Secretary James Mattis confirmed that over 3,000 new US troops will be headed to Afghanistan as part of President Donald Trump’s new strategy to win the war that has dragged on for almost 16 years. " It is exactly over 3,000 somewhat and frankly I haven't signed the last of the orders right now as we look at specific, small elements that are going, " Mattis told reporters on Monday afternoon. Earlier in the day, Senator David Perdue (R-Georgia) referred to “3,500 more troops” in an article published by Defense One. “ For too long, America’s strategy in Afghanistan was driven by politics, leading to arbitrary troop caps and unreasonable timetables for troop withdrawal, ” Perdue wrote, noting that enemies interpreted that as a lack of resolve. “ Finally, the gloves are off. ” Perdue, who visited Afghanistan in July, praised Trump as a “ commander-in-chief who listens to his military leaders and understands we need a better, wiser ap

After failing to prosecute bankers, Obama cashes in with Wall Street speeches

The former president is reportedly raking in $400,000 per speech to massive financial firms. by Jake Johnson Less than a year has passed since he departed from the White House, and former President Barack Obama has already joined the “well-trod and well paid” Wall Street speaking circuit, a decision many argued will negatively impact the Democratic Party’s credibility as it attempts to fashion a message around taking on corporate monopolies, tackling income inequality, and loosening the insurance industry’s control over the American healthcare system. According to a Bloomberg report published Monday, Obama has in the last month delivered two speeches to massive financial firms—Northern Trust Corp and the Carlyle Group—for around $400,000 a pop, and he is slated to attend a three-day conference hosted by Cantor Fitzgerald next week, for which he will make another $400,000. Former Secretary of State Hillary Clinton faced a wave of intense criticism f