Leftnews.org | News and Views from the Left

by Editors — last modified 2017-07-05T10:43:19-04:00
Contributors: Faiz Ahmed, JBB, Graham H. Cox, R. Dubois, JA Cox
The best of the political left-wing from around the web.

Trump’s budget balls-up

by JBB — last modified May 24, 2017 08:30 PM
Michael Roberts Blog | President Trump’s economic team have release their plans for the federal budget over the next ten years. It is a combination of wildly optimistic economic growth forecasts, vicious cutbacks in public services and environmental measures; and significant cuts in corporate taxes and personal taxes for the rich.

Getting Assange: the untold story

by JBB — last modified May 21, 2017 01:21 PM
By John Pilger | Znet | Julian Assange has been vindicated because the Swedish case against him was corrupt. The prosecutor, Marianne Ny, obstructed justice and should be prosecuted. Her obsession with Assange not only embarrassed her colleagues and the judiciary but exposed the Swedish state’s collusion with the United States in its crimes of war and “rendition”.

Global Left vs. Global Right: From 1945 to Today

by JBB — last modified May 21, 2017 01:18 PM
by Immanuel Wallerstein | The period 1945 to the 1970s was one both of extremely high capital accumulation worldwide and the geopolitical hegemony of the United States. The geoculture was one in which centrist liberalism was at its acme as the governing ideology. Never did capitalism seem to be functioning as well. This was not to last.

Trump to offer exclusive contract to service U.S. student loans | Reuters

by Faiz Ahmed — last modified May 19, 2017 05:55 PM
"Trump is making good on Republican campaign promises to get government out of the business of student lending, and recently lifted limits on fees debt collectors can charge some defaulted borrowers. The Washington Post has reported he will propose major changes to loan repayment in his forthcoming budget, including eliminating a program that erases student debt for public-sector workers after 10 years of payments. "The changes will certainly increase profits for the industry, but will do nothing to tame the high levels of default in the program," said Rohit Chopra, senior fellow at the Consumer Federation of America and former CFPB assistant director. The CFPB says 1.2 million student-loan borrowers have defaulted in the past year and 90 percent of the highest-risk borrowers are not enrolled in affordable repayment plans, even though student-loan companies are supposed to inform borrowers about them."
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