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Facebook’s $5 billion FTC fine is an embarrassing joke

By Underground | July 13, 2019

Facebook gets away with it again When’s fines are so low they are simply the cost of doing business. Source: Facebook’s $5 billion FTC fine is an embarrassing joke – The Verge Continue reading Facebook’s $5 billion FTC fine is an embarrassing joke

Massive Forest Restoration Could Greatly Slow Global Warming – Scientific American

By Underground | July 8, 2019

The right trees, planted in the right locations, could store 205 gigatons of carbon dioxide This would cost far less than another war. Source: Massive Forest Restoration Could Greatly Slow Global Warming … Continue reading Massive Forest Restoration Could Greatly Slow Global Warming – Scientific American

‘This doesn’t look like the best economy ever’: 40% of Americans say they still struggle to pay bills – The Washington Post

By Underground | July 5, 2019

Despite the longest U.S. economic expansion on record, many sit on the edge of financial disaster. This is because the unemployment figure doesn’t tell the whole story. Wages have remained essentially flat … Continue reading ‘This doesn’t look like the best economy ever’: 40% of Americans say they still struggle to pay bills – The Washington Post

The guts of an Apple iPhone show exactly what Trump gets wrong about trade

By Underground | June 26, 2019

Trump believes the money Americans spend on Chinese imports like the iPhone goes straight into China’s pockets. In reality, China gets very little value from it. The parts are made all over … Continue reading The guts of an Apple iPhone show exactly what Trump gets wrong about trade

G20 nations triple coal power subsidies despite climate crisis | Environment | The Guardian

By Underground | June 24, 2019

Major economies pledged a decade ago to phase out all aid for fossil fuels What is going on? Source: G20 nations triple coal power subsidies despite climate crisis | Environment | The … Continue reading G20 nations triple coal power subsidies despite climate crisis | Environment | The Guardian

The Fed Needlessly Undermined Growth, Study Confirms

By Underground | June 24, 2019

A new analysis confirms that for years, central bankers and top economists underestimated America’s true unemployment rate. The true unemployment rate is not what the government is saying it is. That’s why … Continue reading The Fed Needlessly Undermined Growth, Study Confirms

Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net

By Underground | June 20, 2019

If the Democrats want to get anything done, they need to understand the government deficit like the Republicans do. Source: Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net Continue reading Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net

Facebook cryptocurrency: dawn of the corporation-government

By Underground | June 19, 2019

If it gets the green light from regulators, Facebook is on its way to creating its own currency – a prospect that should alarm us If you think corporations have too much … Continue reading Facebook cryptocurrency: dawn of the corporation-government

The climate crisis is our third world war. It needs a bold response

By Underground | June 17, 2019

Critics of the Green New Deal ask if we can afford it. But we can’t afford not to: our civilisation is at stake. And, no, it does not need to be paid … Continue reading The climate crisis is our third world war. It needs a bold response

(177) The IKEA Climate Change Effect – YouTube

By Underground | June 17, 2019

Amazing what only a 4 degree temperature change feels like. Source: (177) The IKEA Climate Change Effect – YouTube Continue reading (177) The IKEA Climate Change Effect – YouTube

‘Socialism for the rich’: the evils of bad economics

By Underground | June 10, 2019

The long read: The economic arguments adopted by Britain and the US in the 1980s led to vastly increased inequality – and gave the false impression that this outcome was not only … Continue reading ‘Socialism for the rich’: the evils of bad economics

White House blocked intelligence agency’s written testimony saying human-caused climate change could be ‘possibly catastrophic’

By Underground | June 8, 2019

White House officials barred a State Department intelligence official from submitting written testimony to Congress that warned human-caused climate change could be “possibly catastrophic” after State officials refused to excise the document’s … Continue reading White House blocked intelligence agency’s written testimony saying human-caused climate change could be ‘possibly catastrophic’