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Home Columns Diplomatic Speak

Passing of Oscar Clarke, CCH; USA Wealth INEQUALITY; BOOK, “Reading the Constitution: Why I Chose Pragmatism, Not Textualism” by Former US Justice Stephen Breyer; AND BOOK: “Paper Soldiers: Weaponization of the Dollar ” by Saleha Mohsin

Admin by Admin
May 18, 2024
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PASSING of His Excellency OSCAR CLARKE, CCH

At age 84 on the passing of His Excellency Oscar Clarke, CCH, Our Condolences to His Families. PNC, PNCR, and APNU. A Guyana Patriot, Caribbean Man for ALL Seasons and a Practicing Servant Leader with over 50 Years of PUBLIC SERVICES.   Always Cool, Calm and Collected.  Rest In Eternal Peace Esteemed Brother Oscar.

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High Commissioner and Ambassador to SEVEN Southern African states including SOUTH AFRICA & ZAMBIA between 1986 and 1990;  Ambassador to the Republic of CUBA from 1990 to 1992; Member of Parliament and a Senior Minister of Regional  Government,  Minister of Home Affairs and Minister of State between 1964 and 1985; In 1965, served as a Parliamentary Secretary and as Deputy Speaker of the National Former Assembly from January 1, 1969 to December 31, 1969; and Member of Parliament for 21 years.  Served with Distinction as General Secretary of the People’s National Congress                             

     Photo: His Excellency Oscar Clarke, CCH                                                      

                     USA Wealth INEQUALITY

Is out of control,  because the system is RIGGED for the RICH.  Jeff Bezos made more than $7.9 million an hour last year.1 In just 13 minutes, he made the equivalent of what a typical person earns in a lifetime.

U.S. BILLIONAIRE WEALTH has now hit $5.5 trillion.2 That’s an 88% increase since the pandemic hit.3

Meanwhile, 78% of Americans are living paycheck to paycheck.4

Major U.S. CEOs are now paid 344 times more than their typical employees.8

A new study just found that 35 major corporations paid their execs MORE than the total amount of federal income taxes they paid between 2018 and 2022.9 Each of the companies generated billions of dollars in profit over the same period. Take Netflix:

  • Five years of Netflix U.S. profit: $15.1 billion
  • Five years of Netflix executive pay: $652 million
  • Five years of taxes paid by Netflix: $236 million

In a five-year span, NETFLIX paid their top executives nearly three times what they paid in federal income tax.10 This is what is meant to say the USA TAX SYSTEM is CORPORATE RIGGED.

SOURCES:

1. “Jeff Bezos Made Over $7.9 Million An Hour Every Hour In 2023 — In Under 13 Minutes, He Brought In The Equivalent Of What The Typical Person Earns In A Lifetime,” Yahoo, January 26, 2024
https://act.moveon.org/go/188947?t=7&akid=378984%2E58141907%2Ea5Fz8B

2. “Total U.S. Billionaire Wealth: Up 88 Percent over Four Years,” Inequality.org, March 18, 2024
https://act.moveon.org/go/188948?t=9&akid=378984%2E58141907%2Ea5Fz8B

3. Ibid.

4. “Living Paycheck To Paycheck Statistics 2024,” Forbes, February 15, 2024
https://act.moveon.org/go/188949?t=11&akid=378984%2E58141907%2Ea5Fz8B

8. “Dozens of big U.S. companies paid top executives more than they paid in federal taxes, report says,” CBS News, March 13, 2024
https://act.moveon.org/go/188952?t=19&akid=378984%2E58141907%2Ea5Fz8B

9. “Companies paid top executives more than they paid in US taxes – report,” The Guardian, March 13, 2024
https://act.moveon.org/go/188953?t=21&akid=378984%2E58141907%2Ea5Fz8B

10. Ibid.

 

 

 

BOOK: “ Reading the Constitution: Why I Chose Pragmatism, Not Textualism”  Hardcover – March 26, 2024 by Stephen Breyer (Author), Former ASSOCIATE JUSTICE, U.S. SUPREME COURT

             

About the Author

Stephen Breyer is a former associate justice of the Supreme Court who served there for twenty-eight years until retiring in 2022. He lives in Cambridge, Massachusetts.

·         Hardcover ‏ : ‎ 368 pages

  • Best Sellers Rank: #12 in Books (See Top 100 in Books)
    • #1 in United States Judicial Branch
    • #1 in General Constitutional Law
    • #1 in United States History (Books)

              

A provocative, brilliant analysis by recently retired Supreme Court Justice Stephen Breyer that deconstructs the TEXTUALIST philosophy of the current Supreme Court’s SUPERMAJORITY and makes the case for a BETTER WAY better to INTERPRET the CONSTITUTION.

“You will not read a more important legal work this election year.” —Bob Woodward, Washington Post reporter and author of fifteen #1 New York Times bestselling books

“A dissent for the ages.” —The Washington Post

“Breyer’s candor about the state of the court is refreshing and much needed.” —The Boston Globe

The relatively NEW judicial philosophy of textualism DOMINATES the Supreme Court. TEXTUALISTS claim that the right way to interpret the Constitution and statutes is to read the text carefully and examine the language as it was understood at the time the documents were written.

This, however, is not Justice Breyer’s philosophy nor has it been the traditional way to interpret the Constitution since the time of Chief Justice John Marshall.

Justice Breyer recalls Marshall’s exhortation that the Constitution must be a workable set of principles to be interpreted by subsequent generations.

Most important in interpreting law, says Breyer, is to understand the purposes of statutes as well as the consequences of deciding a case one way or another. He illustrates these principles by examining some of the most important cases in the nation’s history, among them the Dobbs and Bruen decisions from 2022 that he argues were wrongly decided and have led to harmful results.

   

Photo: Stephen Breyer (Author), Former ASSOCIATE JUSTICE, U.S. SUPREME COURT

BOOK: “Paper Soldiers: How the Weaponization of the Dollar Changed the World Order”  Hardcover – March 19, 2024

by Saleha Mohsin (Author)  304 Pages

About the Author

Saleha Mohsin is the Senior Washington Correspondent for Bloomberg News, covering POLICY POLITICS, and POWER in Washington, D.C. USA.  An OHIO, native, she previously lived in Oslo, Norway, and in London.

·         Best Sellers Rank: #421 in Books (See Top 100 in Books)

o    #1 in Government Management

o    #1 in International Economics (Books)

o    #1 in Money & Monetary Policy (Books)

                              

“Incisive debut treatise… Mohsin brings to the proceedings a reporter’s eye for story” — Publisher’s Weekly

From Bloomberg News reporter Saleha Mohsin, the untold story of how one of America’s most invincible institutions—the Treasury—has used the U.S. dollar to define America’s role in the world, and our economic future.

In 1995, Treasury Secretary Robert Rubin re-defined the next thirty years of currency policy with the mantra, “A strong dollar is in America’s interest.” That mantra held, ushering in exceptional prosperity and cheap foreign goods, but the strong dollar policy also played a role in the devastating hollowing out of America’s manufacturing sector. Meanwhile, abroad, the United States increasingly turned to the dollar as a weapon of war. In Paper Soldiers, Saleha Mohsin reveals how the Treasury Department has shaped U.S. policy at home and overseas by wielding the American dollar as a weapon—and what that means in a new age of crisis.

For decades, America has preferred its currency superpower-strong, the basis of a “strong dollar” policy that attracted foreign investors and pleased consumers. Drawing on Mohsin’s unparalleled access to current and former Treasury officials like Robert Rubin, Steven Mnuchin, and Janet Yellen, Paper Soldiers traces that policy’s intended and unintended consequences, including the rise of populist sentiment and trade war with China—culminating in an unprecedented attack on the dollar’s pristine status during the Trump presidency—and connects the dollar’s weaponization from 9/11 to the deployment of crippling financial sanctions against Russia. Ultimately, Mohsin argues that, untethered from many of the economic assumptions of the last generation, the power and influence of the American dollar is now at stake.

With first-hand reporting and fresh analysis that illustrates the vast, often unappreciated power that the Treasury Department wields at home and abroad, Paper Soldiers tells the inside story of how we really got here—and the future not only of the almighty dollar, but the nation’s teetering role as a democratic superpower.

                                     

                                Photo: Author SALEHA MOHSIN

            QUOTE.  “FOOLS multiply when WISE men/women are SILENT.”  His Excellency Dr. Nelson Madiba Rolihlahla Mandela.

 

Onward & Upward towards, One People, One Nation, One Destiny.

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