January, 19 2017, 11:00pm EDT
For Immediate Release
Contact:
Kathy Mulady, 206-992-8787, k.mulady@peoplesaction.org
Jacob Swenson-Lengyel, 773-571-0343, jacob.sl@peoplesaction.org
Trump's First Act: Big Giveaway to Wall Street Elite
Immediately after he was sworn in as America's 45th President on Friday, Donald J. Trump signed a series of executive orders, including the rollback of a Federal Housing Authority insurance premium cut.
Liz Ryan Murray, policy director for People's Action, a national progressive grassroots advocacy organization, issued the following statement.
WASHINGTON
Immediately after he was sworn in as America's 45th President on Friday, Donald J. Trump signed a series of executive orders, including the rollback of a Federal Housing Authority insurance premium cut.
Liz Ryan Murray, policy director for People's Action, a national progressive grassroots advocacy organization, issued the following statement.
"Donald Trump's inaugural speech proclaimed he will govern for the people, instead of the political elite. But minutes after giving this speech, he gave Wall Street a big gift at the expense of everyday people. Trump's executive order takes an axe to nearly $500 a year in savings for many middle income families. But it will be a windfall for Wall Street.
"Trump may talk a populist game, but policies like this make life better for hedge fund managers and big bankers like his nominee for Treasury, Steven Mnuchin, not for everyday people. In fact, Trump has a veritable stable of hedge fund managers, including top Trump donor John Paulson, who got rich by scamming American homeowners. Americans want their government to support them and their families, to help chip away at income and wealth inequality - not work to widen it."
Liz Ryan Murray has working on housing policy for over a decade. She played a key role in New Bottom Line, a group formed in the wake of the 2007-2008 housing crisis that advocated for principal reduction to help struggling homeowners.
People's Action builds the power of poor and working people, in rural, suburban, and urban areas to win change through issue campaigns and elections.
LATEST NEWS
Who Should Pay for Climate Damage? Majority of the World Agrees: Big Oil
"As governments debate how to finance climate action, they can be confident that making polluters pay is not only fair, but also far more popular and effective than placing the burden on ordinary citizens."
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A multinational survey commissioned by Greenpeace International and published Monday revealed that a majority of respondents favor making fossil fuel companies pay for being the main cause of the climate emergency.
Greenpeace International's Stop Drilling, Start Paying campaign commissioned the strategic insight agency Opinium Research to survey 8,000 adults in eight countries—Australia, Argentina, France, Morocco, Philippines, South Africa, the United Kingdom, and the United States—ahead of this month's United Nations Climate Change Conference, also known as COP29, in Baku, Azerbaijan.
"Asked about who should bear the most responsibility for climate change impacts, the most popular option across all eight countries in the survey was making oil and gas companies pay, with high-emitting countries and global elites ranked second and third," Greenpeace International said in a summary of the survey, adding that "60% of all surveyed countries see a link between profits of the oil and gas industry and rising energy prices."
The survey also found that two-thirds or more of respondents are angry about Big Oil CEOs getting huge bonuses even as their products exacerbate the planetary emergency; fossil fuel expansion; industry disinformation; and the "historic and ongoing role of oil and gas companies in conflict, war, and human rights violations."
Eight in 10 respondents said they were worried about climate change. However, more than twice as many people surveyed in the Global South said the climate emergency has personally affected them than respondents in the Global North.
According to Greenpeace International:
Imposing a fair climate damages tax on extraction of fossil fuels by OECD countries—proposed by the charity Stamp Out Poverty and supported by 100 NGOs, including Greenpeace International—is one example of a tax on big polluters. This could generate $900 billion by 2030... This would be key for annual climate-related loss and damage costs, estimated to be between $290-$580 billion by 2030 in low-income countries, as well as for reducing the emission of heat-trapping greenhouse gases and adapting to the impacts of the climate crisis in all countries.
"This research shows how taxing the wealthy polluters-in-chief—companies like Exxon, Chevron, Shell, Total, Equinor, and Eni—has become a mainstream solution among people, cutting across borders and income levels," said Stop Drilling, Start Paying co-chair Abdoulaye Diallo. "As governments debate how to finance climate action, they can be confident that making polluters pay is not only fair, but also far more popular and effective than placing the burden on ordinary citizens for a crisis for which they bear little or no responsibility."
The Opinium survey was published on the same day that Amnesty International called on the richer countries most responsible for the climate emergency to "fully pay for the catastrophic loss of homes and damage to livelihoods" in Africa.
"African people have contributed the least to climate change, yet from Somalia to Senegal, Chad to Madagascar, we are suffering a terrible toll of this global emergency which has driven millions of people from their homes," said Samira Daoud, Amnesty's regional director for West and Central Africa. "It's time for the countries who caused all this devastation to pay up so African people can adapt to the climate change catastrophe."
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As the death toll from Israel's 13-month assault on Lebanon passed 3,000, satellite imagery analyses published by multiple media outlets in recent days revealed that nearly a quarter of all buildings in 25 municipalities in the southern part of the Mideastern country have been destroyed or damaged in a ferocious campaign that has left entire villages in ruins.
Satellite photos examined by The Washington Post, Reuters, and the Financial Times showed vast destruction caused by Israeli bombing and controlled demolitions of towns and villages, many of whose residents are among the more than 1.2 million people forcibly displaced by the war.
"There are beautiful old homes, hundreds of years old," Meiss al-Jabal Mayor Abdulmonem Choukeir toldReuters. "Thousands of artillery shells have hit the town, hundreds of air strikes. Who knows what will still be standing at the end?"
Meiss al-Jabal native Fatima Ghoul toldThe Washington Post that "everything has been reduced to rubble" in the town of 8,000 inhabitants. Footage circulating on social media Monday showed large portions of the village, which has been inhabited for many hundreds of years, turned to dust in a simultaneous series of demolition explosions.
According to the Post:
Satellite imagery from Kfar Kila shows freshly turned soil where olive groves once stood, suggesting a clearance operation by Israeli forces. Dozens of crushed buildings line the town's main road. The destruction is most intense near the Israeli border. The village centers in nearby Ayta al-Shab, Mhaibib and Ramyeh have also been decimated, the imagery reveals.
Videos published on social media show a series of controlled explosions in at least 11 villages. In a video published to X on October 22, half a dozen buildings fall in an instant after an explosion, covering the 400-year-old village of Ayta al-Shab in dust clouds and debris. In drone footage published online the next day, an Israeli flag flies over the town—now reduced to a sea of broken trees and collapsed concrete.
In one video verified by the Post, IDF troops cheer the demolition of a mosque in the village of Dharya, with one soldier exalting, "What a moment!" while others break out in religious song.
Religious and culturally important buildings are protected under international law. Scorched-earth tactics and disproportionate attacks are war crimes under international law.
"Even if civilians are not inside, those types of buildings don't lose their protection," former U.S. Department of Defense attorney Sarah Harrison told the Post.
A spokesperson for the Israel Defense Forces claimed the IDF was obliterating Lebanese towns and villages because Hezbollah—the political and paramilitary group based in Lebanon—is turning "civilian villages into fortified combat zones." Hezbollah denied the accusation.
Retired Lebanese Armed Forces Gen. Akram Kamal Srawi told the Financial Times that "there are two reasons Israel is using this detonations strategy."
The first reason, he claimed, is that the IDF is clearing the way for a possible deeper invasion of Lebanon.
"The second is that Israel has adopted a scorched earth strategy in order to wage psychological warfare on Hezbollah's base people by televising these detonations and weaken support for the group—which will never work," he added.
Israel began attacking Lebanon at almost the same time it launched its war on Gaza in response to the Hamas-led October 7, 2023 attack on Israel. Hezbollah has fired at least hundreds of rockets and other projectiles at Israel in a sustained yet measured campaign in solidarity with Gaza, where Israel's bombing, invasion, and siege have left more than 155,000 Palestinians dead, maimed, or missing and millions more displaced, starved, and sickened in a war that the International Court of Justice is investigating for possible genocide. At least scores of Israelis have been killed or wounded by Hezbollah's cross-border attacks.
In addition to the at least 3,002 people killed by Israel's onslaught, Lebanon's Health Ministry says that more than 13,000 others have been injured. The ministry does not distinguish between Hezbollah fighters and civilians. Critics say neither does the IDF.
"We're a family of artists, my father is well-known, and our home was a known cultural home," Lebanon Philharmonic Orchestra conductor Lubnan Baalbaki told Reuters after viewing satellite images confirming the destruction of his family home.
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Since richest-man-alive and X-owner Elon Musk endorsed former Donald Trump for president in July, he has emerged as the No. 1. financial backer of Republican candidate's campaign. But his support hasn't only come in outright donations. His tweets in support of the former president, according to a new analysis ,are worth a total of $24 million.
In a report published Monday, the Center for Countering Digital Hate (CCDH) found that Musk's political posts between July 13 and October 25 received over twice as many views as U.S. "political campaigning ads" run on X during that time. If any of those advertisers had wanted to reach the same number of people as Musk, they would have had to pay $24 million.
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Since he endorsed Trump, Musk made a total of 746 posts that mentioned key terms such as "Donald Trump," "Kamala Harris," "voting," or "ballots." These posts were viewed a total of 17.1 billion times compared with 7.7 billion times for all paid political ads.
What's more, at least 87 of Musk's election-themed posts between January 1 and October 23 contained "false or misleading about the presidential election."
These were seen 2 billion times, and none of them was appended by a "community note," a mechanism by which X users can fact-check or provide context to inaccurate posts.
CCDH pointed to two main genres of misleading tweet shared by Musk: those claiming that the Democratic Party was importing immigrant voters and those claiming that U.S. voting systems are not reliable.
For example, on September 18, Musk wrote: "The Dem administrative state is flying millions of future voters directly into swing states. They are being sent to cities and towns throughout Ohio, Pennsylvania, Wisconsin, and Arizona. Given that this is a sure path to permanent one-party rule, it is a very smart strategy."
Musk made more than 66 posts along these lines that were seen nearly 1.3 billion times.
Fact-checkers say these claims are false because it takes years for an immigrant to become a U.S. citizen and to be able to vote, and there would be no guarantee that such a person would vote for the Democrats. Existing laws already penalize noncitizens who vote with either deportation or incarceration.
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