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'A Death Sentence': Legislature Overturns El Salvador's Metal Mining Ban
One group called it "the biggest attack on water, health, and life in El Salvador," highlighting "opposition from churches, universities, social organizations, and the majority of the population."
Dec 23, 2024
In a win for Salvadoran President Nayib Bukele, who has dubbed himself "the world's coolest dictator," the Legislative Assembly of El Salvador on Monday overturned the Central American country's 2017 ban on metal mining.
Bukele has fought to reverse the historic ban since taking office in 2019. Despite a prohibition in the Salvadoran Constitution, he ran for and won a second term in February, after his Nueva Ideas (New Ideas) party purged the judiciary.
Reporting on Monday's mining reversal, the Financial Timesnoted that "Bukele's party and its allies hold 57 of 60 seats in the legislature, and all 57 voted to overturn the ban while giving the Salvadoran government sole authority over mining activities."
As the British newspaper detailed:
He has claimed that El Salvador sits on gold reserves potentially worth $3 trillion, citing an undisclosed study, although that has been treated with skepticism by experts.
There has been limited exploration in El Salvador. El Dorado, the most advanced of more than two dozen exploration projects prior to the ban, was once estimated to hold 1.4 million ounces of gold, which would be worth roughly $3.6 billion today, without considering production expenses.
El Salvador's gold belt runs across its northern provinces and the watershed of the Lempa River, which is the small and densely populated country's main source of water.
In a statement earlier this month, the Washington, D.C.-based Institute for Policy Studies (IPS) warned that "El Salvador's 2017 prohibition against metallic mining is a widely popular measure and overturning it would be a death sentence for the small and densely populated country with its scarce water sources, many of which are already contaminated."
"The historic ban, passed in a unanimous 70-0 vote by El Salvador's Legislative Assembly in 2017, was the result of a decadelong campaign to value life over transnational mining corporations' pursuit of profits," IPS explained. "The campaign was ultimately supported by a wide coalition of civil society organizations, educational institutions, some business sectors, legislators and ministers from across the political spectrum, as well as two archbishops. They were all persuaded by substantial evidence of gold mining's destructive effects, and the deleterious impacts of cyanide used in gold mining."
"The struggle also cost the lives of several beloved water defender activists who stood up to the mining companies in Cabañas: Marcelo Rivera, Ramiro Rivera, student Juan Francisco Durán Ayala, and Dora Alicia Recinos Sorto, who was eight months pregnant when murdered, and whose 2-year-old child witnessed and was wounded in the attack," the group added.
The IPS statement came in response to a November 26 ruling that ordered a retrial for the Economic and Social Development Association of Santa Marta (ADES) "Santa Marta Five" water defenders—Miguel Ángel Gámez, Alejandro Laínez García, Pedro Antonio Rivas Laínez, Teodoro Antonio Pacheco, and Saúl Agustín Rivas Ortega—a development the group denounced.
ADES forcefully condemned the mining ban reversal on social media Monday, calling it "the biggest attack on water, health, and life in El Salvador," and pointing to "opposition from churches, universities, social organizations, and the majority of the population."
The Salvadoran group also shared images of opponents who gathered outside the Legislative Assembly on Monday.
Luis Gonzalez, one of the environmentalists outside the building,
toldReuters, "We oppose metals mining because it has been technically and scientifically proven that mining is not viable in the country."
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New Campaign Urges Biden to Commute Sentence of 'Public Hero' Who Leaked Trump Tax Data
Patriotic Millionaires and Revolving Door Project are leading the push for Biden to reduce IRS whistleblower Charles Littlejohn's prison term.
Dec 16, 2024
Update:
Patriotic Millionaires senior vice president for tax policy Bob Lord and Revolving Door Project senior researcher Kenny Stancil on Wednesday published commentary in Rolling Stone highlighting the campaign urging Biden to commute Littlejohn's sentence. This, a day after the campaign launched a website where people can add their voices to the chorus of calls for commutation.
Earlier:
With just over a month left in U.S. President Joe Biden's term, a pair of advocacy groups this week launched a campaign urging the outgoing Democrat to commute the sentence of an Internal Revenue Service contractor serving five years in prison for exposing tax dodging by wealthy Americans including Republican President-elect Donald Trump.
The campaign, which is a collaboration between the Revolving Door Project and Patriotic Millionaires, is planning a week of action to push Biden to commute the five-year sentence of Charles Littlejohn—who was also ordered to pay a $5,000 fine after pleading guilty in October 2023 to unauthorized disclosure of tax returns and return information to media outlets—to 10 months, the maximum term of imprisonment he was supposed to receive under the federal guidelines.
On Monday, the campaign letter to Biden from four tax law professors calling on Biden reduce Littlejohn's sentence, which the experts called "particularly harsh in comparison with some recent sentences meted out to blatant tax evaders."
The letter asserts that Littlejohn—who gave The New York Timesinformation on Trump and shared with ProPublica data on Jeff Bezos, Michael Bloomberg, Warren Buffett, Bill Gates, Rupert Murdoch, Elon Musk, Mark Zuckerberg, and others—acted "out of a sincere belief in the public's right to know."
"I've been a tax lawyer for 40 years. For the past decade, I've been pretty outspoken about the various maneuvers that the ultra-rich deploy to avoid tax," Bob Lord, the senior vice president for Tax Policy at Patriotic Millionaires, said in a statement. "But despite my best efforts, I fully recognize that no technical explanation that I could give about any of the myriad tax loopholes that the rich exploit would ever stick in the public conscience the same way that Charles Littlejohn's leaks did about billionaires like Donald Trump, Elon Musk, and Jeff Bezos paying $0 in income tax."
"Littlejohn did break the law, but at the end of the day, he actually did the country a great service by exposing the full degree to which our tax code privileges the wealthy and well-connected," Lord added. "And if lawmakers are inspired by Littlejohn's leaks to finally take meaningful steps to reform our tax system and rein in extreme wealth, he will have undoubtedly done more to save American democracy than harm it."
University of Michigan law professor Reuven Avi-Yonah, the letter's lead signer, has called Littlejohn a "public hero."
According to the professors:
There are many cases that involve massive tax evasion and do not lead to a criminal indictment. Consider for example the case of Alon Farhy, who transferred more than $2 million to a sham foreign entity, which then transferred the funds to a bank account in the name of a Belize-based corporation Mr. Farhy created solely for that purpose. Mr. Farhy's scheme violated a variety of tax-related obligations beyond his duty to correctly report and pay the income tax he owed. The [U.S. Department of Justice] entered into a nonprosecution agreement with Mr. Farhy immunizing him from criminal prosecution in exchange for paying his taxes plus interest and penalties.
"Many other cases involving tax evasion do not result in jail time," the letter notes. "For example, Raj Mukhi ran a business that manufactured and sold professional uniforms in many countries. He was indicted in 2014 for hiding the proceeds in a private bank based in Zürich. He pleaded guilty to one count of filing a false tax return and one count of failing to disclose a foreign bank account and was sentenced to three years of supervised release."
"Even if there is a prison sentence, it is usually much shorter than five years," the professors stressed. "To mention just some cases from this year, an Oklahoma man who instructed a payroll company working with his business to falsely characterize over $2.6 million as reimbursements rather than income was sentenced to 30 months."
"An Indiana woman who electronically filed false income tax returns for clients that reported fictitious businesses and also filed a false tax return for herself that underreported gross receipts from her business was sentenced to 21 months," the letter adds. "A New Jersey man was sentenced to 29 months for evading taxes and not filing income tax returns while earning over $2.5 million in wages. All of these cases involve conduct that is much more culpable and less public-spirited than Mr. Littlejohn's."
"There is a big difference between leaking tax information and tax evasion in the size of the universe of potential violations and the number of violators escaping punishment," the professors said. "The universe of potential violators leaking tax information is infinitesimal compared to the universe of potential tax evaders. And the number of potential violators escaping punishment for leaking tax information is close to zero, whereas the number of evaders escaping punishment is huge."
As his term winds down, Biden has issued approximately 1,500 commutations and 39 pardons, including controversial clemency for his son Hunter Biden and Michael Conahan, a former Pennsylvania judge convicted in a "kids-for-cash" scheme in which he and a colleague funneled thousands of juveniles into private detention centers in exchange for millions of dollars in kickbacks.
With the looming return of Trump—who presided over more federal executions during his first term than numerous presidents did over several preceding decades—advocates are pushing Biden to commute the sentences of 40 federal death row inmates. Advocates are also calling on Biden to pardon figures including Indigenous activist Leonard Peltier and environmental attorney Steven Donziger.
Earlier this month,
Politico Magazinereported that Biden is weighing preemptive pardons for numerous public officials who could be targeted by Trump—who has vowed to exact revenge on his political enemies—during his second term. Kash Patel, Trump's pick to head the Federal Bureau of Investigation, has threatened to prosecute the president-elect's political opponents and journalists.
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'Unsettling New Milestone': Top 12 US Billionaires Now Control $2 Trillion in Wealth
"The oligarchic dozen is richer than ever, and they are endowed with extreme material power that can be used to pursue narrow political interests at the expense of democratic majorities," according to the author of a new analysis.
Dec 04, 2024
Just 12 U.S. billionaires now have a collective net worth of over $2 trillion—a figure that amounts to a little less than a third of total federal spending in 2023—according to an analysis out Tuesday from Inequality.org, a project of the Institute for Policy Studies (IPS).
The $2 trillion number is also twice the amount of wealth that the top 12 US billionaires held in 2020, according to researchers at IPS, a progressive organization.
The full list of 12 billionaires includes Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett, Elon Musk, Steve Ballmer, Larry Ellison, Larry Page, Sergey Brin, Jim Walton, Rob Walton, and Jensen Huang.
"This is an unsettling new milestone for wealth concentration in the United States. The oligarchic dozen is richer than ever, and they are endowed with extreme material power that can be used to pursue narrow political interests at the expense of democratic majorities," wrote the author of the analysis, Omar Ocampo, a researcher at IPS.
New to the "oligarchic dozen" is Jensen Huang, the co-founder and CEO of the tech company Nvidia. Nvidia, which became the most valuable publicly traded company this year, has seen its profits jump thanks to the world's ravenous appetite for the artificial intelligence chips that the firm produces. According to the analysis, Huang's personal wealth "has skyrocketed from $4.7 billion in 2020 to $122.4 billion—a mind-boggling 2,504 percent increase—over the last four years."
Each of the billionaires on the list "owns or is a controlling shareholder of a business that is investing billions of dollars in artificial intelligence," according to Ocampo, which raises concerns about their respective carbon footprints.
Fueling AI is energy intensive, and AI data centers in the U.S. are largely powered by fossil fuels, meaning their proliferation poses a threat to the environment and a transition to a green economy.
Ocampo also discusses the political reach of the billionaires on the list. Elon Musk and Jeff Bezos, who respectively own X and The Washington Post, "have both purchased large media platforms, which has granted them the ability to set the terms of public debate with the hopes of influencing public opinion in their favor."
Musk specifically has established himself as a major power broker within the GOP. The billionaire spent hundreds of millions helping to re-elect Donald Trump and is now poised to play a major role in the president-elect's administration, helping oversee a new advisory committee tasked with slashing government spending.
As of early December, Trump had tapped an "unprecedented" total of seven reported billionaires for key positions in his administration, according to a separate piece of analysis by Inequality.org.
"We see the effects of this growing concentration of wealth and economic inequality everywhere—plutocratic influence on our politics, wealth transfers from the bottom to the top, and the acceleration of climate breakdown," Ocampo wrote on Tuesday.
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