Wednesday, September 15, 2021

Will Bunch: 10 years ago, a ragtag army called Occupy Wall Street changed America, for good

2021/9/15
©The Philadelphia Inquirer
Day 13 of Occupy Wall Street begins with a march through the streets of lower Manhattan, at around the time the bell rings on Wall Street on September 29, 2011. - Carolyn Cole/Los Angeles Times/TNS

First, they ignored Occupy Wall Street. On the late-summer morning of Sept. 17, 2011, there were no major news organizations present — not even the hometown New York Times — when a ragtag army of a couple hundred protesters fed up with America’s gross inequality tried to set up camp in the heart of Manhattan’s Financial District and were pushed back by a massive police response to an unknown spot called Zuccotti Park.

Then, they ridiculed it. As the crowds of campers in the park re-dubbed “Freedom Plaza” swelled and protests spread to scores of other U.S. cities and then around the world, the usual suspects in right-wing media rediscovered the canard about “dirty, smelly hippies” to whip up resentment — rather than address the issues that marchers were raising, such as (then) three decades of soaring income inequality, massive student debt, and U.S. military spending.

Then, they fought it. Big-city mayors like New York’s Michael Bloomberg or Philadelphia’s Michael Nutter stopped pretending to respect the free-speech rights of demonstrators and called in militarized police who squirted pepper spray and swung nightsticks to clear out the tent cities, or to kettle and arrest the Occupiers on trumped-up charges.

Today, on the cusp of its 10th anniversary, Occupy Wall Street is winning.

Scores of cities, several states, and even some large corporations have adopted the $15 minimum living wage that had seemed a pipe dream on that September Saturday in 2011 when NYPD officers ringed the “Raging Bull” statue in Lower Manhattan. The student loan crisis — which no one in power was talking about a decade ago, even as the debt load skyrocketed toward its current $1.7 trillion — is finally on the political front burner in Washington. A new president, who was still a cautious, centrist Democrat back when the Occupy protests erupted, has since adopted a progressive agenda — already cutting child poverty in half, as Congress debates a slew of ambitious social programs and funding them by taxes on “the 1 Percent,” a term launched by the 2011 protests.

It’s ironic, because conventional wisdom hardened within the mainstream media by the end of 2011 that Occupy Wall Street and its satellite protests were a briefly electrifying failure — lacking a central mission, riven by disagreements, its protest camps subsumed by the unhoused and others on the margins of a cruel society. Those pundits didn’t see the smoldering embers — the causes discovered and the relationships formed during that brief supernova — that would reignite in a Bernie Sanders presidential campaign that would move Democrats to the left, and in diverse movements like the Fight for 15 or eliminating student debt.

The fascinating thing about the Occupy protests is that no one — including the established stalwarts of the political left — saw them coming. Few people had heard of Adbusters, the radical magazine that announced the protest that summer with an illustration of a ballerina atop the “Raging Bull” statue and the question, “What is our one demand?,” or knew about secret planning meetings that New York activists like the late David Graeber were taking part in.

But timing is everything. Around the world, 2011 was a year of revolutionary upheaval, beginning with the so-called Arab Spring and the massive Tahrir Square uprising that toppled the Egyptian government and became something of a template for Zuccotti Park. Here at home, young people had initially channeled their angst over the Iraq War fiasco and the 2008 financial crisis into the “HOPE”-emblazoned presidential campaign of Barack Obama. But hope was fading two-plus years into his gridlocked presidency.

New Yorker Winnie Wong came out that first morning after seeing a Twitter hashtag for the protest. “We were fresh off the crash and in 2011 we were really starting to see the effects, and it became very clear the divide between middle class families — working people and the rich — was growing wider,” she recalled. “I saw this as a different type of call, because it didn’t specify a single issue.”

Before the summer of 2011, Joanne Stocker-Kelly — from Exton in Philadelphia’s western suburbs, then a 24-year-old student at Cabrini College — had never done anything more political than registering a few of her high school friends to vote. But the shocks of the 2008 crash — learning one day that the Dow had dropped 500 points as she sat through a class — and her mounting student debt, which was even worse for classmates who’d eventually owe as much as $100,000, shook her from the bubble of her suburban upbringing.

“It was this idea that democracy was supposed to be beholden to us, to the people,” Stocker-Kelly told me this week in a phone interview from Ireland, where she lives today. Instead, she only saw “corporate control of the country.” Drawn that September to New York for an event around getting big money out of elections, she ended up joining the Occupy Wall Street protest and camping out in Zuccotti Park for a couple weeks.

Like many of the Occupy participants, Stocker-Kelly was somewhat put off by the cacophonous and contentious daily general assemblies in the park, but found new energy and passion in the working groups around an array of issues that ranged from feminism to limiting campaign contributions to legalizing marijuana. While the Occupy movement was national news through the fall of 2011, the combo of internal dissension and a well-coordinated, heavy-handed police crackdown — here in Philadelphia, more than 50 people busted by cops were acquitted and settled an unlawful arrest lawsuit with the city for $200,000 — mostly ended the protests by that Thanksgiving.

Critics who called Occupy a failure — noting it never agreed on that “one demand” as called for in the Adbusters meme — missed the offshoots and alliances that continued working to re-energize a once moribund progressive movement in the U.S. For example, a then-31-year-old progressive filmmaker from Manhattan named Astra Taylor, who also joined the Occupy Wall Street protest that first September Saturday, was drawn to the working group around debt, which organized a nationwide protest that fall as outstanding student loans passed the $1 trillion mark. From that sprung the Debt Collective, an ongoing campaign that has helped everyday folks retire $2 billion in debt and is leading the fight for college loan forgiveness.

Other Occupy Wall Street veterans looked to target electoral politics. At the 2016 president election neared, former Occupiers like Wong and Charles Lenchner, who’d been the technical guru at Zuccotti Park in 2011, launched Ready for Warren hoping to draft Massachusetts Sen. Elizabeth Warren, a withering critic of Wall Street. When Warren didn’t enter the race, the group quickly morphed into the People for Bernie Sanders, and used its social-media savvy to play a key role in convincing young people to rally behind a septuagenarian democratic socialist senator from Vermont.

“I don’t think Bernie would have become a mainstream candidate if Occupy hadn’t happened,” Wong told me. It’s hard to argue with that. She recalled a moment in the 2020 campaign when Sanders told a large rally crowd to look at the person next to them and say, “I’m willing to fight for somebody I don’t know” — the essence, she argued, of both his campaign and the 2011 protests.

In what was becoming a familiar pattern, Sanders didn’t win his spirited battles for the Democratic nomination in 2016 and 2020. Yet the Vermont senator and a reconstructed American left were winning the war of ideas, pushing the Democratic Party in a much more progressive direction than seemed possible amid the stifling centrism of the Clinton era. Today, Sanders is one of the most powerful voices in Washington as chair of the Senate Budget Committee, and both he and Warren have played pivotal roles in working with President Biden on his roughly $6 trillion agenda which — while much of it dangles in the air this fraught autumn — would would transform America on the scale of the New Deal or the Great Society.

In other words, Occupy Wall Street was the spark behind arguably the most important U.S. political movement of the 21st century — so why is that so hard to see?

For one thing, it’s had to compete for oxygen with the other, more arresting political movement of our time — the right-wing authoritarian populism led by Donald Trump. What’s more, there were times in the 2010s when the class critique of the Occupy movement felt at odds with the decade’s other major protest movement, the Black Lives Matter crusade forged in 2014 in Ferguson — although those differences melted a bit when veterans of both movements protested George Floyd’s 2020 killing. On the far left, the lack of progress on issues like single-payer health care and the long way to go on matters like college debt feels like the glass is more than half-empty, still.

But the legacy of the Occupy movement is everywhere — in the words and phrases like “income inequality,” “living wage,” and “we are the 99 Percent” that barely existed on September 16, 2011, in calling attention to the brutal militarization of the American police who pepper-sprayed them, in the progressive prosecutors like Philadelphia’s Larry Krasner who’ve been elected since, and in the serious attention paid to ideas like free public universities that felt unreachable on this date just 10 years ago.

But the greater impact from the brushfires of Zuccotti Park is arguably the way it changed the people who participated — people like Wong, who helped organize the 2017 Women’s March and was a senior adviser to Sanders’ 2020 campaign, and Stocker-Kelly, whose interests in women’s issues, conflict, and the Middle East propelled her into a career in journalism, writing about places like northern Iraq for publications such as The Guardian. She embarked on her journey without earning her degree from Cabrini — something she recalls ever month when she signs her $300 student-loan check.

“I don’t think I’d be doing what I’m doing” if not for the Occupy protest, said Stocker-Kelly, who said the uprising taught her how to cover contentious social movements and to listen to voices of everyday people.

It’s one more way the momentum forged one decade ago, which once echoed down the concrete canyons of Lower Manhattan, can still be heard today.

____


The Philadelphia Inquirer
Seabirds starve in stormy 'washing machine' waves: study

In 2014 tens of thousands of sea birds washed up dead on the shores of French island Ile-de-Re Xavier Leoty AFP/File

Issued on: 15/09/2021 - 1

Paris (AFP)

Thousands of seabirds that wash up on Atlantic coasts every year could have been starved to death by cyclones that whip up "washing machine" waves, a new study says, with experts warning the phenomenon could worsen with climate change.

Puffins, auks and guillemots -- hardy little birds that nest in the Arctic -- head south each year to more hospitable but isolated islands off Newfoundland, Iceland or Norway.

But many are found washed up on beaches in mass die-offs that scientists now think are caused by violent winter cyclones that prevent them from feeding.

"Imagine winds blowing at 120 kilometres per hour (75 mph), waves 8 metres high (26 ft) and turbulence in the water that disturbs plankton and schools of fish the birds feed on," said David Gremillet of the French CNRS research institute, which coordinated the study published Tuesday in Current Biology.

"They're caught in a big washing machine," he told AFP.

Unable to fly clear of the storms, some of which last days, the birds likely cannot dive into the sea to feed or are perhaps unable to see their prey in the troubled waters.

Researchers equipped more than 1,500 puffins, auks, seagulls and two types of guillemots with global location sensors 
LOIC VENANCE AFP/File

With small reserves of body fat, an auk can die if it goes 48 hours without eating.

Gremillet said that scientists had suspected that storms were responsible for killing the birds.

"But what we didn't know was where and how," he said.

- Emaciated -


To find out, an international research team decided to track birds from 39 different colonies in the North Atlantic.

Focusing on five species, they equipped more than 1,500 puffins, auks, seagulls and two types of guillemots with global location sensors.

Clipped to the animals' feet at their various summer nesting sites, the sensors then tracked the birds' winter migration.

By looking at about a decade's worth of bird movement data and comparing it to winter weather patterns scientists were able to determine where the birds ran into cyclones.

They used models to estimate how much energy the birds were using to fly through the storms and ruled out cold or exhaustion as the killers.

The birds are forced to wait out the storms and likely prevented from diving into the sea to feed NICOLAS TUCAT AFP/File

So Gremillet said the most likely explanation remains "that the weather conditions are so horrible that the birds are not able to feed".

When tens of thousands of dead puffins and guillemots washed up on French shores in 2014, their bodies were particularly emaciated, said the study's main author Manon Clairbaux of the University of Montpellier.

Worldwide populations of these birds have declined by half since the 1970s due to habitat loss, pollution, competition with fishermen and accidental capture among the main threats.

And Gremillet said that cyclones, which are expected to increase in "frequency and intensity" with climate change, could become a bigger threat.

Though little can be done to prevent the killer storms, experts say mapping them allows conservationists to push for added protection -- like reduced commercial fishing -- for habitats in their paths.

"It's important to understand the dangers that threaten them," said Clairbaux.

© 2021 AFP
CRIMINAL CAPITALI$M
Kenyan ex-minister, Olympic official guilty of graft in Rio Games

Wario served as Kenya's sports minister from 2013 to 2018 
SIMON MAINA AFP/File

Issued on: 15/09/2021 - 

Nairobi (AFP)

A Kenyan court on Wednesday convicted former sports minister Hassan Wario and the 2016 Olympic team leader Stephen arap Soi of embezzling millions of shillings during the Rio Games.

Wario, who served as the country's sports minister from 2013 to 2018, was one of six Kenyan officials charged with abuse of office and the misappropriation of 55 million shillings ($545,000) during the Rio Olympics.

Nairobi chief magistrate Elizabeth Juma found Wario guilty of abuse of office and misuse of public funds, and ordered police to take him and Soi into custody, pending their sentencing on Thursday.

Four other officials, including the former secretary general of the National Olympic Committee of Kenya (NOCK) Francis Kinyili Paul, were acquitted of all charges.

Two-time Olympic gold medallist and former NOCK chief Kipchoge Keino was a key prosecution witness in the case.

Wario was Kenya's ambassador to Austria when he was arrested in October 2018.

He pleaded not guilty to the six charges levelled against him and was released on a one-million shilling bond.

But the authorities refused to return his passport to enable him to return to Austria and resume his diplomatic duties.

Wario and Soi were found guilty of diverting money and kit from US sports equipment manufacturer Nike worth millions of shillings which were later confiscated from a house in Nairobi's upmarket Westlands suburb.

The charges covered allegations of embezzlement, the purchase of unauthorised air tickets, overpayment of allowances and expenditure on unauthorised persons, to the tune of 55 million shillings in total.

Corruption is rife in Kenya, with millions of dollars of public funds going missing each year. The country was left red-faced during its 2016 Olympic campaign which also saw athletes' team uniforms stolen by officials.

© 2021 AFP
Afghan female youth footballers reach Pakistan, will seek asylum

Issued on: 15/09/2021 -
Members of Afghanistan's women's football team and their families pose for a photograph after they were greeted by officials of the Pakistan Football Federation, in Lahore, Pakistan, September 15, 2021
. © Waleed Ahmed, AP

Text by: NEWS WIRES

Players from Afghanistan's female youth soccer teams have arrived in Pakistan and will seek political asylum in third countries amid concern over the status of female athletes under the new Taliban government in Kabul.

Some 81 people, including female players of several youth teams, their coaches and family members reached Pakistan through the Torkham border crossing, Umar Zia, a senior Pakistan Football Federation official, said on Wednesday. A further 34 will arrive on Thursday, he said.

It was not clear when they actually crossed the border. Officials gave them garlands of red flowers as they stepped off a bus at the Federation's office in Lahore on Wednesday.

They will stay there under tight security before applying for asylum in third countries, Zia told Reuters.

"They will go to some other country after 30 days as several international organizations are working towards settling them in any other country, including the UK, US and Australia," he said.

The Football for Peace international organisation helped to arrange their departure from Afghanistan and arrival in Pakistan.

Their flight is part of a broader exodus of Afghan intellectuals and public figures, especially women, since the Taliban took over the country a month ago.

When the Islamist group last ruled Afghanistan from 1996 to 2001, girls were not allowed to attend school and women were banned from work and education. Women were barred from sports and that is likely to continue in this government as well.

A Taliban representative told Australian broadcaster SBS on Sept. 8 that he did not think women would be allowed to play cricket because it was "not necessary" and would be against Islam.

"Islam and the Islamic Emirate do not allow women to play cricket or play the kind of sports where they get exposed," SBS quoted the deputy head of the Taliban's cultural commission, Ahmadullah Wasiq, as saying.

Several former and current women football players fled the country following the Taliban takeover, while a former captain of the team urged players still in Afghanistan to burn their sports gear and delete their social media accounts to avoid reprisals.

The sport's governing body FIFA said last month it was working to evacuate those remaining in the country.

(REUTERS)
$12m seized from ex-officials as cash crunch hits Afghanistan

Issued on: 15/09/2021 - 
A man walks past a wall mural depicting the Taliban flag in Kabul
 Karim SAHIB AFP


Kabul (AFP)

Afghanistan's central bank said Wednesday that the Taliban had seized more than $12 million in cash and gold from the homes of former government officials, as it called for all transactions to be made in local currency.

A foreign exchange crunch in the aid-dependent country threatens the Taliban's rule one month after they seized power.

Most government employees have yet to return to work -- and in many cases salaries had already not been paid for months -- leaving millions scrambling to make ends meet.

Even those with money in the bank are struggling, as branches limit withdrawals to the equivalent of $200 a week -- with customers having to queue for hours.

And while remittances have resumed from abroad, customers awaiting funds at international chains such as Western Union and MoneyGram complained Wednesday that branches they visited had run out of cash.

"All Afghans in the government and non-governmental organisations are asked to use afghani in their contracts and economic transactions," the central bank said in a statement Wednesday.

The bank later issued another statement saying Taliban fighters had handed over $12.3 million in cash and gold seized from the homes of officials from the former government -- a large part discovered at the home of former vice president Amrullah Saleh.

Some Afghans expressed happiness that security had returned to the capital 
BULENT KILIC AFP

"The money recovered came from high-ranking officials... and a number of national security agencies who kept cash and gold in their homes," the statement said.

"It is, however, still not known for what purpose they were kept."

- Thanking donors -


Abdul Rahim, a demobbed soldier in the former Afghan army, travelled nearly 1,000 kilometres (600 miles) from Faryab to the capital to try and collect his backpay.

"The branches of the banks are closed in the provinces," he told AFP Wednesday, "and in Kabul thousands of people queue to get their money out.

"I have been going to the bank for the past three days but in vain. Today I arrived at around 10am and there were already about 2,000 people waiting."

Women wait in front of a bank to withdraw money in Kabul BULENT KILIC AFP

The Taliban on Tuesday thanked the world after a donor conference in Geneva pledged $1.2 billion in aid for Afghanistan, but the country's needs are immediate.

Donor nations, however, want conditions attached to their contributions and are loath to support a regime with as bloody a reputation as the Taliban.

The hardline Islamists have promised a milder form of rule compared to their first stint in power from 1996 to 2001, but have moved swiftly to crush dissent -- including firing in the air to disperse recent protests by women calling for the right to work.

Still, UN chief Antonio Guterres said this week he believed aid could be used as leverage with the Islamist hardliners to exact improvements on human rights.

A man sleeps on a wheelbarrow at a market area in Kabul BULENT KILIC AFP

"It is very important to engage with the Taliban at the present moment," he said.

One month into their second rule, some Afghans are conceding there have been some improvements in their lives -- not least security in the capital, which for years was plagued by deadly suicide bomb attacks and targeted assassinations blamed largely on the Taliban.

"Currently the situation of the country is good, there is no war," said Mohammad Ashraf.

- Job satisfaction -


Laalagha, a street vendor, said he was no longer being shaken down by corrupt police officers -- although he had turned to selling fruit as no-one could afford to buy flowers.

"I am really satisfied with my new job. In the past the situation was like this... a policeman would come and puncture the stall's tyre and he would beat you.

A burqa-clad woman checks footwear displayed on a stall at a market area in Kabul BULENT KILIC AFP

"But now no one is disturbing or creating problems."

But at least half the population face the possibility of not having employment as the Taliban grapple with how to deal with women in the workforce.

"The Taliban have told us to stay home," said one women who worked in the telecoms ministry of the old regime.

"There is security, but if there is no food soon the situation will change."

The Taliban named an interim government last week and acting ministers have been holding press conferences spelling out policies that range from how women should dress at university to what sports can be played.

But they have been light on details of how the country will be run and when they will get the civil service functioning again.

"I am just happy they didn't kill me yet," said Abdul Rahim, the ex-soldier who served with the old army's 209th corps until surrendering just days before Kabul fell on August 15.

"If they revive the army I will join as a soldier again, but if not, I will have to find another job."

© 2021 AFP
CRIMINAL CAPITALI$M

Elizabeth Holmes trial: Theranos’ use of workers’ blood led to whistleblower’s concerns

Elizabeth Holmes (C), the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of her fraud trial, outside Federal Court in San Jose, California. - Nick Otto/AFP/AFP/TNS

2021/9/15 
©The Mercury News

Theranos whistleblower Erika Cheung’s first inkling that the company’s technology fell short of founder Elizabeth Holmes’ claims arose because the startup used its workers’ blood to check how well tests performed, the former laboratory assistant testified Tuesday.

“Employees would essentially donate their blood to Theranos for cash,” Cheung told jurors on the second day of Holmes criminal trial, without saying how much was paid. When Cheung’s blood was used to “validate” Vitamin D testing on Theranos machines, “it would always come up that I was deficient,” she testified. But her results didn’t show the same problem when her bloodwork was done on another company’s machines that Theranos kept upstairs to conduct tests its own machines couldn’t perform.

Cheung, who joined Theranos in 2013 straight out of college at UC Berkeley, said she’d been “star-struck” during her job interview with Holmes, who is charged with a dozen felony fraud counts. She saw Holmes, a rare high-profile female technology entrepreneur, as a potential example for other young women in science and engineering, Cheung said.

“She had a charisma to her,” Cheung testified. “She had a strong sense of conviction about her mission.”

Scarcely a month after Cheung started her new job, she said she began finding problems with the technology that was supposed to revolutionize blood testing by enabling a full range of tests on a few drops of blood. Ultimately, Cheung resigned and blew the whistle to the government on what she saw at Theranos.

Cheung’s internal email about quality-control issues in the Theranos lab caught the attention of Holmes, who asked in an email thread that was shown to jurors how the issue was resolved. A lab leader responded that the issue had been taken care of by getting rid of the data that showed a problem.

Holmes is accused of bilking investors out of hundreds of millions of dollars, defrauding patients, and misleading doctors and patients with false claims about her company’s technology. The Stanford University dropout, who founded the Palo Alto blood-testing startup in 2003 at age 19, and her co-accused, former company president Sunny Balwani, have denied the allegations.

Earlier Tuesday in U.S. District Court in San Jose, federal prosecutors and the defense presented a variety of Theranos financial data to jurors, much of it focused on revenue projections that prosecutor Robert Leach said had been approved by Holmes. But Holmes lawyer Lance Wade was quick to get the day’s first witness, former company finance chief So Han Spivey, to note that Balwani — who Holmes claims coerced and abused her during a long-running romantic relationship — was involved in producing the projections. Balwani is to be tried separately next year.

During Cheung’s testimony, Judge Edward Davila excused the jury so lawyers for both sides could argue over whether certain emails could be shown to jurors. Wade, with the jury absent, claimed that Holmes was unaware of much that went on in Theranos’ labs, which Balwani oversaw. Prosecutor John Bostic countered that “substantial evidence” showed Holmes’ involvement in the company in general, and the “pervasive nature” of her communications with Balwani was evidence of her awareness of lab matters.

“These issues filter upward to Ms. Holmes,” Bostic said.

Holmes faces up to 20 years in prison. Her trial continues Wednesday, when Cheung is scheduled to return to the witness stand.



Rich nations head to SA to secure deal giving future emissions the coal shoulder

Jessica Shankleman, Antony Sguazzin and Saleha Mohsin


iStock

Officials from the US, UK, France and Germany are looking for an agreement with Eskom, which generates almost all of South Africa’s power from a fleet of 15 coal plants.
South Africa’s use of coal has made it the world’s 12th biggest emitter of greenhouses gases.
Eskom alone accounts for more than 40% of South Africa’s emissions.

Four of the world’s richest nations will send a delegation to South Africa as soon as next week to seek a deal to begin closing the country’s coal-fired plants, according to people familiar with the matter.

Officials from the US, UK, France and Germany are looking for an agreement with Eskom, which generates almost all of South Africa’s power from a fleet of 15 coal plants. Any deal struck could be announced during the United Nations climate talks known as COP26, set to start in Glasgow, Scotland, on 31 October, one of the people said.

"The developed economies have a responsibility to fund the just transition to a low-carbon economy and climate resilient society," said Albi Modise, a spokesman for South Africa’s environment department. He confirmed that John Murton, the UK’s envoy to COP26, will visit the country "to assess opportunities for enhanced cooperation" but added that the dates are still being finalised.

Alok Sharma, the COP26 president, has said he wants to use the summit to "consign coal to history". But he’s met resistance from a number of middle-income countries that rely on coal. A Group of 20 meeting in July failed to reach an agreement on phasing out coal.

South Africa’s use of coal has made it the world’s 12th biggest emitter of greenhouses gases, ahead of the UK, which has an economy eight times its size. Eskom alone accounts for more than 40% of South Africa’s emissions.

Debt burden

While the utility has laid out plans to start closing down its coal plants and having them at least partially replaced with renewable energy, gas-fired generation and battery storage, its debt burden of R402 billion hinders it from borrowing more money to pay for the energy transition.

With about 20 000 power plant workers, 90 000 coal miners and many thousands more involved in the transport of the fuel, there are also social implications to take into account.

In July, Eskom chief executive officer André de Ruyter suggested a facility from development-finance institutions that would be paid over a number of years.

In an August presentation to the government, the company said it was in initial talks to raise R33 billion from five such organisations. Mandy Rambharos, the head of Eskom’s Just Energy Transition department, has previously said the phase-out could cost more than $10 billion.
How Signing Bonuses Spread From Ancient Rome to Amazon

Wednesday, 15 September, 2021 
Stephen Mihm

The signing bonus, once the province of elite athletes and corporate executives, has gone mainstream. In the tightest labor market in years, employers like Amazon are shelling out thousands of dollars up front to truck drivers, trash collectors, warehouse workers and other in-demand workers.

It’s a recruiting tool with a long history. But signing bonuses have evolved significantly over the years, scrambling the incentives that once defined the relationship between employers and workers. That history helps explain how this tactic can work – and why it could fail desperate employers this time around.

The first “employer” to offer signing bonuses was the military. The Roman Empire, for example, gave new soldiers an enlistment bonus known as a viaticum – typically, a few gold coins. This strategy enabled the Romans to staff their armies with volunteers who willingly went off to fight the barbarian hordes for a set period of time.Conor Sen: Amazon and Walmart are Winning the Labor Market Wars

In the American Revolution, the Continental Congress passed a resolution that offered a cash “bounty” in order to entice young men to sign up for what proved to be a long, protracted war. These bonuses were relatively modest at first: a mere three dollars, or about $100 in today’s money. In the Civil War, the Union handed out increasingly generous cash bounties to secure soldiers. Unfortunately, this practice fostered a practice known as “bounty jumping,” in which recruits would collect the bonus and then disappear – and repeat the trick elsewhere.

The enlistment bonus fell out of favor for the military, but it soon found a new home: professional baseball. By the late 1880s, several of the more successful leagues began competing against one another for the best players.

One of the first stars to earn a sizable bonus was Charlie Bennett, a catcher famous for refusing to wear protective equipment. He once continued to play through a game – and all the succeeding games – after a ball ripped his thumb to the bone. Such insane dedication prompted his team, the Boston Beaneaters, to give him a $6,000 signing bonus – a small fortune at the time. By 1914, the Boston Nationals, desperate to recruit second-baseman Johnny Evers, paid out a whopping $20,000 bonus – over $500,000 in today’s money.

Signing bonuses proliferated in a number of professional sports in the 20th century. The practice became so widespread – and expensive – that by 1960, professional baseball alone was handing out $7.5 million in bonuses to untested players. But this practice, much like the older military enlistment bonus system, obliged players to remain with a particular team for a set amount of time.


It wasn’t until the 1980s and 1990s that the obligation-free bonus came into being. The first to receive them were CEOs who received bonuses upon jumping ship from one company to another. These “golden hellos,” as the financial press dubbed them, consisted of cash, equity or a mix of both. Unlike earlier bonuses, recipients of such largesse didn’t have a contractual obligation to the company which hired them.

In the 1990s, the signing bonus was extended down the food chain, mostly as a way to lure employees without increasing actual salaries. In 1997, for example, a survey of recent graduates of the top 11 business schools found that 80% received signing bonuses, up from 62% only three years earlier. These averaged around $10,000, though some grads received even more.

As workers became increasingly scarce, a wide range of employers began offering bonuses to entice workers. Burger King lured managers away from competitors with $5,000 checks and promised $150 for burger flippers. By 1997, a survey found that 39% of all companies had turned to the bonus as a recruitment tool, with everyone from software engineers to butchers benefitting. Cementing the trend in history was none other than the Department of Labor, the ultimate authority on employment in America. The agency used it to reel in economists.

These organizations quickly found that no-strings-attached bonuses worked best under very specific conditions. Companies that offered them first – before any competitors in a given area – tended to reap the greatest rewards, snaring the best workers and keeping them, too. The imitators, by contrast, discovered that it was hard to buy loyalty when others had beaten you to the punch.

These anecdotal findings anticipated the research on signing bonuses that has accumulated since that time. Researchers have found, for example, that signing bonuses can work when they successfully communicate to a prospective employee that a firm believes the individual is a good fit with the firm. When signing bonuses are relatively rare – because there’s a surfeit of workers, for example – these enticements mean so much more. But when everyone is offering them in a mad rush to fill vacancies, the bonus loses its power.

These finding suggests that our current mania for bonuses may be inevitable, but it’s unlikely to improve performance or increase loyalty. Once bonuses become ubiquitous, they become a transactional benefit that means nothing more than a few extra dollars.

If history teaches us anything, it’s that the obligation-free signing bonus won’t remain a fixture of ordinary employment for too much longer. Eventually, the labor market will tank, much as it did after the dot-com boom. When it does, the only people receiving signing bonuses will be the usual suspects: top executives, professional athletes and the genuinely rare individual whose skills remain in demand no matter what happens to the economy.


Bloomberg

AOC says she can't let federal pandemic unemployment benefits expire 'without at least trying' a new bill

Rep. Alexandria Ocasio-Cortez on Wednesday introduced a bill to extend enhanced coronavirus pandemic unemployment benefits until Feb. 1, 2022. If the bill is passed, the benefits, which expired earlier this month, would be retroactive to Sept. 6.

It's unlikely Ocasio-Cortez will have success since the political will simply doesn't appear to be there. President Biden said it was "appropriate" for the benefits to end in September, as Congress planned, and even when the White House offered states with high jobless rates the option to repurpose federal relief money to extend the aid, none of them did. Meanwhile, other profile congressional Democrats, including Sen. Bernie Sanders (I-Vt.), have mostly remained quiet on the issue.

Ocasio-Cortez seems aware that there's not a lot of momentum behind her effort. But after expressing disappointment in lawmakers from both parties for allowing the benefit strategy to run its course, she said she "simply could not allow this to happen without at least trying."


As pandemic roils economy, more US

 workers call it a day

Agence France-Presse
September 15, 2021

Like millions of Americans, Antonio Fernandez, 64, was forced into early retirement(AFP)

Prior to the coronavirus pandemic, Antonio Fernandez, 64, had envisioned staying in his job at Chevron in Houston for perhaps another five years.

"I probably think I had five more years to work, at least," Fernandez said of his role with the oil giant. "I wasn't looking forward to being retired."

But as with so many other things, the pandemic is remaking the playbook for when to retire in the United States.

Retiring older had been a clear trend in the pre-pandemic era of the world's largest economy, sometimes due to preference, but often out of necessity.

Some have opted to stay employed into their 70s to maintain benefits in a country where healthcare costs are notoriously high. In other cases, people were forced to keep working after their savings were hit by the 2008 financial crisis.

But since the spring of 2020, millions over the age of 65 have exited the workforce, often earlier than expected.

In June alone, more than 1.7 million more older workers than expected retired, said Teresa Ghilarducci, a scholar on labor and retirement at the New School For Social Research in New York.

After being laid off last fall, Fernandez applied for other jobs, but was not successful.

"I have mixed feelings," he told AFP, adding that the company mainly kept on lower-paid staff, a shift from its approach to earlier rounds of downsizing.

"In the end, even though it does not feel fair, it's not a bad outcome for those like me fortunate enough to have enough years of service and being relatively close to retirement to receive a lump sum pension boosted by the low interest rates."

Not ready to leave -

Departing early was also a difficult for Brenda Bates.

After 43 years of work at a nursing facility in Florida, her job became much more taxing during the pandemic when she was required to wear a mask and goggles.

Bates suffered a transient ischemic attack, a stroke-like incident with lingering effects. After struggling for breath during a swim, Bates discussed options with her husband.

"We made the decision to do it for my health," Bates said.

"Before the pandemic I thought I would work at least till I was 65 to get Medicare," she told AFP. "I love my job so I expected to stay as long as I really wanted to."

Bates is far from alone in departing earlier than she expected.

Whether due to fears of an unsafe workplace or job loss amid the economic upheaval, "millions of older workers are simply retiring and often earlier than they are ready," Ghilarducci said.

"It's scary," said Bates, who now works as an independent contractor for a company that does placement for senior living.

"You're giving up a very good salary and all your benefits. One day you have nothing left."

While most of the departures involve workers 65 and older, more workers over 55 without a college degree are also leaving jobs, Ghilarducci said.

Retirements of Black workers without a college diploma increased by 9.2 percent, while white workers with the same education profile saw a 7.5 percent rise, she said.

One risk from the early retirements is an uptick of poverty among the senior population.

At the same time, some older workers are actually in a relatively good position to retire -- at least compared to earlier crises.

"During the global financial crisis there was obviously a very large number of people that had lost their entire retirement savings, and 10 years after they could not retire," said Jacob Kirkegaard, a fellow at the Peterson Institute for International Economics.

"Right now the situation is exactly the opposite," said Kirkegaard, noting that the stock market has risen during the pandemic, along with housing prices, which sank after the 2008 market crash.

But the worker exodus is exacerbating bottlenecks in some cases because some who have left are "very experienced, highly skilled people," Kirkegaard said. "They're not available anymore."
The crisis of right-wing lawlessness that no one is talking about
John Stoehr
September 15, 2021

President Trump supporters wearing faith in God and Trump shirts at the rally in the Bojangle's Coliseum. 
(Jeffery Edwards / Shutterstock.com)

So, again, with feeling: Anti-vaccine GOP leaders are lawless. Their followers are often criminal. (I mean this literally.) I'm going to keep repeating myself no matter how many times they claim to be "fighting for their freedom." I'm going to keep calling on the government to put an end to lawlessness no matter how much they hew and cry about "tyranny." Criminals are "free" to break the law, too. Then they are found and punished. The president was right to say the unvaccinated are the problem. His mandate forces tens of millions of them to get vaccinated. They are literally robbing the rest of us of our freedom.

This is important to point out, because the discourse so far keeps framing the question as one between freedom and government, as if government and freedom were opposites. Sure, they are opposites — if you are a conservative. That the discourse is framing them as antipodes is a consequence of the last half-century being dominated by the Republican Party's preferred ways of looking at the world. "Negative liberty," as Isaiah Berlin put it, is only one meaning of liberty, and it is, furthermore, often the narrowest, brittlest and dumbest.

The government can violate individual freedom. When it does, its efforts must be opposed. But that doesn't make it the opposite of freedom. Why? Because the government is us. Good or bad, right or wrong, what the government does in our name, we do to ourselves. This democratic meaning of government, and the implications for freedom inherent in it, is as complex as the multi-racial republic we live in. But conservatives dislike complexities. They complicate preferred pieties. It's easier to think of the absence of government as the presence of freedom. That's also easily the worst worldview in a pandemic that has killed the equivalent of more than 226 9/11's.

The discourse is moving in the right direction. Pundits of high perch like David Leonhardt are making room for other kinds of freedom, like the freedom from a disease that's holding back our lives, our economy and our country. As the Times columnist said recently, freedom isn't doing whatever you want, whenever you want, consequence-free.

There are two ways to think about freedom, right? One is, does someone have the freedom not to get a vaccine shot? That's a legitimate question. The other is, do we as Americans have the freedom to go out and know that we are less vulnerable to a deadly virus? That is also a form of freedom.

And that's why I think that the sort of pro-freedom case for vaccine mandates is actually stronger than the anti-freedom case. Americans deserve the freedom to go to school without fear, they deserve to have the freedom to go to school without health risks, they deserve the ability to go to football games and go to Broadway plays.

This still plays into the Republicans' hand, though. It's not enough to let these dual freedoms — one positive and one negative, one for vaccine mandates and one against them — hang in the air as if they are not being felt by real people. Fact is, one of these freedoms is robbing the other. Republican lawlessness is making that possible. Republican followers are committing crimes (minor ones, so far). We need less talk about abstract freedoms and more about concrete law and order.

The Post's Greg Sargent reported recently on a new memo circulated by the Democratic Congressional Campaign Committee. It advises Democrats in swing districts to take aim at Republicans for prolonging the pandemic and damaging the economy. Greg quoted the memo:
"House Republicans have lied about its impact" and "dangerously rejected medical guidance to wear masks and social distance," the memo says, adding that "extremist Republicans" have "even encouraged Americans to consume horse and cattle dewormer."

This is good, but it needs to go farther. We need more Democrats, especially moderate Democrats, talking about the real crisis we are facing. It is not the covid. We have a vaccine for that. It works. If everyone did their part and got fully vaccinated, the pandemic would be over. Therefore, the real crisis isn't medical — it is behavioral. The real crisis is widespread lawlessness and criminality concentrated in a political party wrapping itself in "freedom" and the American flag.

If I were a moderate Democrat from a swing district hoping to keep my seat in the coming midterms, I would be tapping into a deep well of rhetoric that's been long perfected by the GOP — law and order. I wouldn't be mincing words about whose freedoms deserve protecting. I would be making it plain that law-abiding citizens who did their part to end this pandemic have the right to call on the government to put an end to a crisis of lawlessness and criminality that's plaguing society. I would do it with the same righteousness as any Republican would if the topic were Black and brown people protesting in the streets.
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I would do it knowing I was absolutely right.

Anti-vaxxers are calling themselves 'purebloods' -- a term that draws 'parallels with Nazi doctrine': report

Brad Reed
September 15, 2021

Photo via AFP


Vice News on Wednesday reported on a new trend among some in the anti-vaccine community who are now referring to themselves as "purebloods."

The publication notes that the term is what the villainous Death Eaters in J.K. Rowling's "Harry Potter" books refer to themselves as, and that Rowling created the term with the intention of "drawing parallels with the Nazi doctrine of the 'master race.'"

While it's unclear when anti-vaxxers started calling themselves "purebloods," it seems the term really took off when conservative TikToker influencer Lyndsey Marie used it in a video over the weekend in which she said, "From now on, I refuse to be referred to as 'unvaccinated'... I want everyone to now call me Pureblood."'

That video has since gone on to get around 250,000 views and has been shared roughly 5,000 times across the platform, Vice writes.

The term was such a hit that Marie is now selling merchandise with the slogan, "PUREBLOOD; Unmasked, Unvaxxed, Unafraid."

While Marie may claim to be "unafraid" of the novel coronavirus, it doesn't chance the fact that more than 650,000 Americans have died from COVID-19 since the start of the pandemic and the virus was the third-leading cause of death last year, trailing only heart disease and cancer.