The Daily Shaarli
December 11, 2019
Calhoun's the president of the nonprofit Center for Responsible Lending. For decades he's been keeping watch to protect people from reckless lending. He says that with student loans, just like with the housing crisis, there's no consideration about whether the person getting the loan will be able to repay it.
The United States engaged in roughly $608 billion worth of research and development in 2018. That figure includes R&D by all entities in the US, from universities to private and public corporations. During the same year, corporations in the S&P 500 spent $806 billion buying back their own stock. In other words, the 500 largest companies in the US are now spending 33% more on their stock buyback programs than the entire country is investing in R&D. Cumulatively, buybacks have now outpaced R&D investment for the last five years. From 2014 through 2018, total R&D investment in the US was roughly $2.736 trillion whereas S&P 500 buybacks totaled $2.978 trillion.
"Mr. Trump’s order will have the effect of embracing an argument that Jews are a people or a race with a collective national origin in the Middle East, like Italian Americans or Polish Americans."
"Prime Minister Boris Johnson’s opinion poll lead has narrowed recently, meaning Labour could lead a minority government in charge of the world’s fifth-largest economy.
Polls also show more than half of the public support nationalization of rail and water companies, higher taxes on the rich and putting workers on boards. But the agenda has put Labour on a collision course with business."
"Opinion polls have consistently shown the Conservatives holding a healthy lead, yet the pollsters failed to accurately call the last two British elections and dramatically dropped the ball on Brexit and Trump."
"The present leadership team has a well-known record of opposing imperialist wars. Corbyn, Abbott and McDonnell are among the very small handful of MPs that loudly stood up against war in Iraq, in Afghanistan, in Libya and in Syria. Jeremy Corbyn has been a prominent member - Chair for several years - of the Stop the War Coalition since its inception in 2001. He’s been involved with the Palestine Solidarity Campaign for decades. All three of them have supported progressive movements and governments in Latin America - in Venezuela, Cuba, Bolivia, Brazil, Ecuador and Nicaragua. They’re longstanding supporters of Irish unity and self-determination - a key anti-colonial litmus test for the British left."