https://newrepublic.com/article/177733/billionaire-solano-california-tech-secession

#TheParableOfTheSower: Despite Silicon Valley’s talk of techno-optimism and abundance, many tech plutocrats are plagued by a “creeping sense of paranoia” about the future, said Slobodian in an interview. Fearing the possibility of civilizational collapse—or driven by “greed, megalomania and the desire to have a zero percent tax rate”—some tech elites seek a retreat into bespoke fortress societies.
#TaxBillionairesOutOfExistence #capitalismisclimateterrorism #bidenomicstricklesdown

The People of Solano County Versus the Next Tech-Billionaire Dystopia

If these Silicon Valley plutocrats have their way, a swath of Solano County will be transformed into their own nation-state.

The New Republic

https://www.theguardian.com/us-news/2024/jan/05/safe-overnight-parking-lot-sleep-in-car-rv-homelessness-housing-shelter

#GenocideJoe going #FullHitler on the #TFG masks #bidenomicstricklesdown where “local non-profit, the Dorothy Day House (try to fill the chasm like UNRWA by creating) Safe Parking and Respite Kickstart (Spark) program to help “alleviate the crisis of unsheltered and encampment homeless”(under threat of) zoning… Because of the direct connection with the #Gaza #genocide (where adequate housing,) water, and toilets (are) features that are often hard to come by on the street or in homeless shelters.
As homelessness continues to grow, so does the number of those living in their vehicles (rubble or tents in the case of of Palestine).”
#Nomadland #CultureOfCruelty #billionairesdontneedsubsidiesandtaxbreak #USAShitShow

Americans living in their cars are finding refuge in ‘safe parking lots’

Municipalities and non-profits are establishing secure lots to address the rising number of people who live in cars or RVs

The Guardian

https://www.theguardian.com/us-news/2024/jan/05/safe-overnight-parking-lot-sleep-in-car-rv-homelessness-housing-shelter

#GenocideJoe going #FullHitler on the #TFG masks #bidenomicstricklesdown where “local non-profit, the Dorothy Day House (try to fill the chasm like UNRWA by creating) Safe Parking and Respite Kickstart (Spark) program to help “alleviate the crisis of unsheltered and encampment homeless”(under threat of) zoning… Because of the direct connection with the #Gaza #genocide (where adequate housing,) water, and toilets (are) features that are often hard to come by on the street or in homeless shelters.
As homelessness continues to grow, so does the number of those living in their vehicles (rubble or tents in the case of of Palestine).”
#Nomadland #CultureOfCruelty #billionairesdontneedsubsidiesandtaxbreak #USAShitShow

Americans living in their cars are finding refuge in ‘safe parking lots’

Municipalities and non-profits are establishing secure lots to address the rising number of people who live in cars or RVs

The Guardian

#BidenomicsTricklesDown rewards #HedgeFunds, #privateequity, and the wealth: “Yet again millions of families won’t be able to afford to heat their homes this winter, and countries around the world will continue to suffer the extreme weather events of climate collapse. This is the #fossilfuel economy, and it’s rigged in favour of the rich.”
#TaxBillionairesOutOfExistence #DeterioratiingCarbonSinks #PetroOligarchsAreRICO

https://www.theguardian.com/business/2024/jan/01/oil-companies-shareholders-payouts-bp-shell-chevron-exxonmobil-totalenergies

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

The Guardian

https://www.americanbanker.com/list/dramatic-collapses-made-2023-the-biggest-year-ever-for-bank-failures

2009 wasn’t an anomaly for #GenocideJoe. Federal Reserve printed $300B to bail out #venturecapitalists, #HedgeFunds managers, and #privateequity firms: SVB's unexpected demise kicked off a historic year for bank failures. The banks that went under had $548.7 billion of combined assets, the largest total ever in a single year — outpacing both 1984, when Continental Illinois failed (Bank of America eventually bought the remnants), and 2008, when Washington Mutual collapsed (JPMorgan Chase purchased what was left).
#bidenomicstricklesdown

Dramatic collapses made 2023 the biggest year ever for bank failures

The five banks that went under in 2023 had nearly $550 billion of assets, the largest total in a single year. Here's a look back at how they unraveled.

American Banker

https://www.eurasiareview.com/01012024-mississippi-the-poorest-us-state-analysis/

#bidenomicstricklesdown: The poorest US state is Mississippi. In year 2023, the state had the highest poverty rate in the USA – as much as 18.7% of the population lived below the #poverty line. The national poverty average in America is 11.7%. According to the poverty rate the next states follow: Louisiana (17.8%), New Mexico (16.8%), West Virginia (15.8%), Arkansas (15.2%), Alabama (14.9%), Kentucky (14.9%), Oklahoma (14%), Georgia (14%) and South Carolina (13.8%). According to Associated Press poverty statistics from 1982 to 2021, Mississippi was the poorest state in 19 of the 40 years and among the five poorest in 38 years.
#RisingInEquality #guaranteedbasicincome

Mississippi: The Poorest US State – Analysis

The United States of America is globally recognized as a country of freedom, democracy, human rights and equal opportunities. For centuries, this was true, except for the black and Native American populations who were forcibly excluded from American society and pushed to the margins. America is still the most desirable destination for many immigrants. In...

Eurasia Review
Jacob Crosse for WSWS- But even these figures are likely an underestimation. A 2017 report from the National Law Center on #Homelessness & #Poverty noted that a previous study using “administrative data collected from homeless services” estimated that the annual number of homeless people in the US is “2.5 to 10.2 times greater than can be obtained using a point in time count.”
Notable findings from the latest HUD survey include:
• Homelessness among families with children increased by 15.5 percent.
• Nearly one in six homeless people, or more than 98,000, were between 55 and 64, while another 39,700 were over the age of 64.
#bidenomicstricklesdown #GenocideTaxBuysApartheidFromTheRiverToTheSea

https://www.wsws.org/en/articles/2023/12/23/byli-d23.html

the Dow Jones Industrial Average breaks record after record. But this winter, more homeless Americans than ever will spend the holidays on the streets, in homeless shelters, in parked cars and RVs, in abandoned buildings and under highway overpasses.
The number of homeless people in the United States has hit a record 653,000, a 12 percent increase over the prior year and an all-time record. This year, the number of homeless people in America was greater than the entire population of Vermont or Wyoming.
#bidenomicstricklesdown
#GenocideTaxBuysApartheidFromTheRiverToTheSea

As billionaire wealth surges, US faces record homelessness

The latest “point-in-time” survey from the US Department of Housing and Urban Development revealed a staggering 12 percent jump in homelessness in 2023, one of many indicators of severe social distress in capitalist America.

World Socialist Web Site