Friday, August 30, 2024

How The 2024 Election Is Normalizing Corruption

David Sirota
ROLLING STONE
Fri, August 30, 2024


Last week’s Democratic convention was the crescendo of an unprecedented period in American history: The Republican presidential nominee survived an assassination attempt, the Democratic president ended his reelection bid, and the vice president became her party’s nominee without a single primary vote. But the summer was equally extraordinary for how it capped off the plot that we expose in The Lever’s new investigative series Master Plan — a scheme to normalize and legalize corruption, transforming graft from a crime into the widely accepted way politics is now conducted.

In just a few months, the U.S. Supreme Court’s billionairecoddled justices made it legal for politicians to accept gifts from beneficiaries of government favors; Donald Trump promised to enrich fossil fuel industry donors in exchange for $1 billion in campaign donations, while his running mate J.D. Vance begged a tech billionaire to bankroll their campaign; moguls funneling cash to Democrats demanded the firing of the antitrust regulator scrutinizing their businesses; both parties held corporatesponsored conventions that prominently featured billionaires and CEOs as keynote speakers; and spending by Super PACs and other shadowy groups crossed the $1 billion mark.

In an election purporting to be about the survival of the American Way Of Life™, this miasma of transactional cash is the real threat to democracy — one harming us all.

Money is why popular, desperately needed legislation rarely ever passes — it is why both parties colluded to kill off a minimum wage increase; why Americans have no guaranteed right to medical care; why oil companies are permitted to incinerate the climate; and why corporations are allowed to fleece us in myriad ways with no consequences.

Money is why Trump has abandoned much of the anti-corporate rhetoric that once distinguished him as a heterodox conservative, and almost certainly why he has reversed himself on key policies of interest to a new crop of donors.

Money is why Vice President Kamala Harris seems more comfortable avoiding press attention and running on vague platitudes rather than endorsing initiatives that might provoke the ire of well-funded Super PACs.

Money is why Democratic leaders started telling reporters that even if Harris wins the election promising voters a crusade against corporate profiteering, her anti-price-gouging initiatives are dead on arrival in the next Congress. And money is why a new study shows most Democratic candidates up and down the ballot avoid explicitly criticizing corporations and billionaires — the forces who are creating the problems that Democrats diagnose, but who will spend those Democrats into the ground if they make too much noise.

Whatever your preferred label for this dystopia — oligarchy, plutocracy, kleptocracy — you might assume it is just a naturally occurring inevitability, but nothing could be further from the truth.

This era of corruption — in which elections are glorified auctions — was manufactured by a cadre of oligarchs and operatives whose agenda could only be implemented by deregulating the campaign finance system so that cash could short circuit democracy.

“Political Power Is Necessary”

This untold story began a half century ago amid a golden age of democratic reforms. As America’s government was responding to public discontent by creating Medicare, Medicaid, environmental regulation, and a war on poverty, a genteel tobacco industry lawyer authored a 1971 manifesto sounding an alarm.

In his now-famous memo, the soon-to-be Supreme Court justice Lewis Powell cast corporations and oligarchs as persecuted victims, and urged them to use their outsized resources to assume “a broader and more vigorous role in the political arena” to halt a government becoming too responsive to popular demands.

“In terms of political influence with respect to the course of legislation and government action, the American business executive is truly the ‘forgotten man,’” Powell wrote. “This is the lesson that political power is necessary; that such power must be assiduously cultivated; and that when necessary, it must be used aggressively and with determination — without embarrassment.”

Some have cast Powell’s blueprint as little more than a 1970s version of a meaningless Reddit rant rather than the foundational text that some liberals believe it to be. But if anything, the significance of Powell’s screed has been understated.

Documents unearthed by The Lever show that in response to the memo, leaders of the country’s most powerful corporations organized task forces to implement its directives. One of their goals was deregulating the campaign finance system. Why? Because they understood that in a properly functioning one-person-one-vote democracy, they would never be able to gain control of the political system and enact their self-enriching, wealth-concentrating agenda. They knew that to get their way, they must be allowed to buy elections, legislation, court rulings, and public policy.

And so in short order, corporations and moguls inspired by Powell began funding think tanks, political advocacy organizations, and conservative law firms — and victories followed.

First, with the support of conservative philanthropist John Olin’s political machine, Congress quietly added loopholes to the post-Watergate anti-corruption laws allowing for the explosion of corporate political action committees that could buy legislators.

Then in a lawsuit masterminded by American Enterprise Institute legal activists Ralph Winter and John Bolton (yes, that John Bolton!) — and stealthily boosted by then-Solicitor General Robert Bork — conservatives convinced the Supreme Court to endorse a radical legal doctrine equating money with constitutionally protected speech.

Soon after, Powell successfully lobbied his fellow justices to extend those free speech rights to corporations aiming to spend big money to buy elections.

These early wins unleashed a tidal wave of corporate money flooding into politics, which birthed an era of neoliberal tax, deregulatory, and anti-union policies, just as the master planners wanted. It also delivered an attendant epoch of corruption scandals, from Abscam, to the Keating Five, to Enron, to Jack Abramoff and the K Street Project.

The throughline in each sordid episode was money being used to subvert democracy — in specific, to pressure elected officials to use their power to enrich donors at the expense of voters.

Not surprisingly, the influence-peddling imbroglios coincided with other spectacles of institutionalized corruption — the insurance industry’s political spending killed universal health care initiatives and replaced them with a system of government subsidies; the fossil fuel industry’s political spending killed climate legislation and got the greenlight for record production; and Wall Street’s political spending killed New Deal regulations that might have prevented the financial crisis.

With money politics ascending, wealth concentrated, government shrunk, the working class was pulverized, and corporations gained control. At the twilight of the 20th century, Powell’s mission seemed on a glidepath.

Reform And Then Collapse

But amid this grotesquerie, some finally fought back — most prominently and unexpectedly, a scandal-plagued John McCain.

After being humiliated as one of the Keating Five who pressured federal banking regulators on behalf of a donor, the Arizona senator adopted the zeal of a convert to the anti-corruption cause. He waged a yearslong battle for legislation to restrict unlimited corporate spending on politics, eventually using an insurgent presidential bid to shame George W. Bush — the personification of Big Money politics — into signing the first campaign finance reform law in a generation.

But while the Supreme Court briefly upheld that legislation in 2003, it was a short-lived respite.

The Powell Memo had urged corporations and business leaders to fund political infrastructure focused on changing the judiciary. When the seats of Justices William Rehnqist and Sandra Day O’Connor opened up in 2005, that well-financed machine made sure the Bush administration replaced them not with moderates, but with archconservatives committed to the master plan.

Led by the Federalist Society’s Leonard Leo, the conservative legal movement ran a multimillion-dollar campaign to install archconservative John Roberts. The same master planners then ran a campaign to convince Senate Republicans to block potential moderate nominee Harriet Miers, prompting Bush to replace her with the far-right Samuel Alito.

In the wake of the duo’s confirmations, liberals consoled themselves with hopes that the seemingly reasonable Justice Anthony Kennedy would maintain a pragmatic equilibrium on the high court.

Kennedy, though, was much like his predecessor, Powell. He cut a moderate profile, but had long been an opponent of tough campaign finance and anti-corruption laws — hardly surprising considering his early career was spent as a corporate lobbyist doling out cash to lawmakers, and as an author of Ronald Reagan’s first anti-tax ballot measure in the Powell Memo years.

And so when one of this generation’s most effective campaign finance deregulators, attorney James Bopp, manufactured a case about a Hillary Clinton documentary, the master plan sprung into action. Rather than crafting a narrow decision, Roberts ordered the case to be reargued on more precedential questions and then assigned the opinion to Kennedy, who authored the expansive 2010 Citizens United ruling that overturned McCain’s campaign finance law.

Building directly off Powell’s earlier ruling on corporate speech, the decision fully legalized unlimited spending in elections, insisting that putatively independent expenditures “do not give rise to corruption or the appearance of corruption.”

As election spending by billionaires and corporations subsequently skyrocketed, the same legal machine forged by the Powell Memo manufactured cases designed to prompt the court to deliver additional rulings encouraging even more corruption.

In one such case, conservative justices shamelessly used a mid-20th-century court ruling that protected civil rights groups from Jim Crow thugs to protect billionaire- and corporate-funded dark money groups from disclosing their donors to regulators responsible for enforcing nonprofit laws. Another string of high court rulings then overturned law enforcement officials’ corruption convictions and gutted longstanding federal bribery statutes.

As for the government’s remaining anti-corruption regulators, the master planners made sure they were also defanged: Republicans packed the Federal Election Commission with appointees opposed to enforcing even the most minimal campaign finance laws, and they have bullied the Internal Revenue Service out of policing dark money groups.

“It Doesn’t Have Any Effect On Me”

In the wake of this rampage, master planners today typically argue that everything is fine and democracy is safe, because money supposedly does not buy election results. They cite the occasional outspent election winner or overspending election loser as proof that cash does not determine political outcomes.

But those are rare exceptions in a country where those who spend the most are able to most repetitiously communicate with voters — and therefore almost always win. And that money almost always comes with big donors’ transactional expectations.

“People say, ‘Oh, it doesn’t have any effect on me,'” said now-retired Rep. Barney Frank in a candid interview a few years after Citizens United. “Well if that were the case, we’d be the only human beings in the history of the world who on a regular basis took significant amounts of money from perfect strangers and made sure that it had no effect on our behavior.”

Data about legislative action buttresses Frank’s point. One study found that for every $1 of corporate donations, a business gets more than $6 of state tax breaks. Another study found a correlation between unlimited campaign spending and a reduction in corporate taxes. Still another study found that the more freely corporations are allowed to spend in elections, the more likely lawmakers are to pass laws that protect corporate management.

The same holds true for legislative and political inaction.

Health insurers’ cash explains why Americans have no guaranteed right to medical care, and pharmaceutical industry cash explains why we continue to pay the world’s highest prices for medicine.

Wall Street cash explains why private equity tax loopholes that could be closed with the stroke of a pen remain open, and why bankers who cratered the global economy continued to reap bailouts rather than prosecutions.

Rail industry cash explains why Congress has refused to pass rail safety legislation after the East Palestine disaster, and Boeing cash explains why the company gets a slap on the wrist and even more government contracts after its deadly crashes.

The list of such examples is endless, ultimately confirming Princeton and Northwestern researchers’ conclusion: “Economic elites and organized interest groups play a substantial part in affecting public policy, but the general public has little or no independent influence” over the government operating in its name.

Even worse, an electorate pining for reform is typically given few political choices that promise any escape from it.

The 2024 campaign exemplifies the sad reality. On one side is the choice are policy-free vibes that pretend working-class voters’ and elite donors’ conflicting interests can both coexist under the same big tent. On the other side is a 900-page manifesto promising an explicit corporate takeover and final gutting of whatever’s left of campaign finance laws — all written by a group whose seed funding was originally prompted by the Powell Memo.

“The Election Of Federal Officials Is Not A Private Affair”

In the two years it has taken to report out Master Plan, our reporters discovered documents illustrating just how deliberate the attack has been on America’s anti-corruption and campaign finance laws. Beholding a never-before-unearthed 1971 photo of Philip Morris’ CEO giving Powell a judicial robe emblazoned with corporate logos, you can’t help but see the image as a prophecy of all that would come to pass.

And yet even as we live in Powell’s world and democracy teeters amid this year’s multibillion-dollar election extravaganza, there is a silver lining: The fact that this present reality came from a plan means it can be reversed, especially because the solutions are so obvious and straightforward.

First and foremost, every political jurisdiction can pass laws forcing the disclosure of those who spend money to influence elections and policy. States have already started doing this, and the federal government could, too. Sen. Sheldon Whitehouse (D-R.I.) has already written the DISCLOSE Act, which was co-sponsored by Harris, who as California attorney general tried to force dark money groups to disclose their donors. In 2025, she could be in a position to make a disclosure bill the law of the land.

This shouldn’t be a partisan or ideological issue: After all, the Citizens United decision explicitly touted the necessity of robust transparency, and even ultraconservative Justice Antonin Scalia agreed with such notions, writing in a separate case that “requiring people to stand up in public for their political acts fosters civic courage, without which democracy is doomed.”

Beyond transparency, there is what Sen. Bernie Sanders (I-Vt.) had the temerity to bellow at the Democratic convention’s corporate suites.

“Billionaires in both parties should not be able to buy elections, including primary elections,” he said in his keynote address last week. “For the sake of our democracy, we must overturn the disastrous Citizens United Supreme Court decision and move toward public funding of elections.”

Immediately after Sanders made that demand, the DNC handed the microphone to Illinois Gov. J.B. Pritzker, who bragged about being a billionaire, and then to the chairman of a venture capital firm for a speech insisting that Harris will be “both pro-business and pro-worker” — as if there never needs to be a choice between the two. It was a scheduling juxtaposition that undoubtedly reassured the convention’s corporate sponsors that (to use Joe Biden’s donor-speak) nothing will fundamentally change. But it should.

Overturning Citizens United will be a slow constitutional amendment process — but one that’s already making progress, and could over time generate some bipartisan support.

The latter is already happening in states and cities across the country. It may seem like a pipe dream at the federal level, but remember: The idea twice came within a hair of happening in response to corruption scandals that rocked Washington.

“The election of federal officials is not a private affair. It is the foundation of our government,” said the Senate report that accompanied the chamber’s passage of a public financing bill in the mid-1970s. “We shall not finally come to grips with the problems except as we are prepared to pay for the public business of elections with public funds.”

By today’s standards, such a clear statement from Congress’s upper chamber seems unfathomable — but it didn’t happen because senators were more altruistic back then. They came so close to game-changing anti-corruption reform because the public was so enraged by the Watergate scandal that their representatives felt the need to try to act.

Watching convention-goers stroll the United Center halls and barely notice the corporate brands advertising their ownership of the Democratic Party, it is difficult to know if such rage can be mustered anymore. Even as today’s corruption makes the scandals of the 1970s seem quaint, such disgust seems absent from an electorate inured to the dominance of money politics.

Whereas the Watergate scandal prompted the first major campaign finance reforms of the 20th century, and the fundraising excesses of the 1980s and 1990s prompted McCain’s crusade against the master plan, today’s corruption seems on the verge of becoming like the water in David Foster Wallace’s parable about fish — many are so accustomed to swimming in it, they have stopped noticing it. Worse, some even demand contrition from those who dare to identify it as a problem.

In 2020, there was Sanders feeling compelled to apologize for a surrogate invoking the word “corruption” when rightly criticizing Joe Biden’s all-too-close relationship with corporate donors.

In 2024, there was Rep. Katie Porter being vilified for pointing out that billionaires spent millions to “rig” her primary contest.

As this election season heads into its final two months and produces a new president, there will be even more such pressure to keep quiet, conform, and insist on repentance from those who dare mention the corruption that America is drowning in.

Succumbing to that code of silence is exactly what the master planners want — and exactly what will end whatever’s left of democracy.
Tropical storm Shanshan lashes Japan


Typhoon Shanshan was downgraded to a tropical storm after it made landfall in Japan on Thursday. The storm pounded the southern part of the country with wind and rain.


Storm slowly heads toward Japan's capital, leaving mudslides and broken bridges in its path

Yuri Kageyama
Fri, August 30, 2024
The Associated Press

TOKYO (AP) — Tropical Storm Shanshan slowly made its way northeast through Japan toward the capital Saturday, setting off a mudslide that killed three people, halting trains and leaving underground passages brimming with water.

Meteorological officials warned of torrential rains they compared to a waterfall in major cities like Osaka and Tokyo.

The storm, packing winds of up to 65 kilometers (40 miles) per hour, crawled over the southwestern island of Shikoku and the main Honshu island at a speed of 10 kph (6 mph), forecast to affect parts of Japan through Sunday and Monday, although its exact route was uncertain, the Japan Meteorological Agency said.

At least six deaths were believed to be related to the storm, according to public broadcaster NHK, including a person who was swept by a river, another crushed by a fallen roof, and a man slammed onto the road by a blast of wind in southwestern Japan, as well as the three killed in the mudslide.

A man who went out on a boat was missing and 125 people were injured, according to NHK, which compiled tallies from local governments.

Damage from the heavy rainfall hit a wide area, including more than 1,000 kilometers (600 miles) away from the center of the storm. News footage showed overflooded rivers and cars immersed in muddied waters in Kanagawa Prefecture, southwest of Tokyo, when the storm was technically still in southwestern Kyushu.

The meteorological agency issued heavy rainfall and mudslide warnings to Aomori, in northeastern Japan, for Saturday evening. The local government of Suginami ward in Tokyo warned residents in risk areas to be ready to evacuate in case of mudslides.

Dozens of flights were canceled and airlines scheduled alternate flights for stranded passengers. In southwestern Japan, the storm left a broken bridge, as well as layers of mud and branches strewn on roads.

Initially categorized a typhoon, the storm made landfall Thursday. It has since weakened, but its slow movement means intense rainfall lasts for long periods in a relatively large area.

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Yuri Kageyama is on X: https://x.com/yurikageyama

Yuri Kageyama, The Associated Press


Tropical storm Shanshan lashes Japan with torrential rains and strong winds on its crawl northeast

Mari Yamaguchi
Thu, August 29, 2024





















TOKYO (AP) — A strong storm lashed southern Japan with torrential rain and strong winds Thursday, causing at least three deaths as it started a crawl up the length of the archipelago and raised concerns of flooding, landslides and extensive damage.

Tropical storm Shanshan made landfall Thursday morning as a powerful typhoon on the southern island of Kyushu and then gradually lost strength, though it was still forecast to bring strong winds, high waves and significant rainfall to most of the country, particularly on Kyushu.

About 60 centimeters (nearly 2 feet) of rain fell in parts of Miyazaki prefecture on Kyushu, swelling rivers and threatening floods, the Japan Meteorological Agency said. That 24-hour total was more than the average rainfall for all of August, it said.

By late afternoon Thursday, the storm was moving north at 15 kph (9 mph) and its winds had weakened to 108 kph (67 mph). It is “no longer a powerful typhoon,” the agency said.

As disaster risks in the Kyushu region subsided later Thursday, Shanshan started dumping heavy rain on neighboring Shikoku island.

The storm ripped through downtown Miyazaki city on Kyushu, knocking down trees, throwing cars to the side in parking lots and shattering windows of some buildings. The prefectural disaster management task force said about 50 buildings were damaged.

NHK public television showed a swollen river in the popular hot spring town of Yufu in Oita prefecture, just north of Miyazaki, with muddy water splashing against a bridge.

More than 70 people were injured across Kyushu, mostly in Miyazaki and Kagoshima. Some were injured by being thrown to the ground by the storm on their way to shelters, the Fire and Disaster Management Agency said.

About 168,000 households were without power across Kyushu, most of them in Kagoshima prefecture, Kyushu Electric Power Co. said.

About 20,000 people took shelter at municipal community centers, school gymnasiums and other facilities across Kyushu, according to prefectural reports.

Ahead of the storm's arrival, heavy rain triggered a landslide that buried a house in the central city of Gamagori, killing three residents and injuring two others, the city’s disaster management department said. On the southern island of Amami, which Shanshan passed, one person was injured by being knocked down by a wind gust while riding a motorcycle, the fire agency said.

Weather and government officials are concerned about extensive damage as the storm slowly sweeps up the Japanese archipelago to the northeast over the next few days, threatening more floods and landslides.

In the Tokyo region, Shinkansen bullet trains connecting Tokyo and Osaka were suspended starting Thursday evening due to heavy rain in the central region. Bullet train service also was to be suspended in parts of the western and central regions on Friday.

Disaster Management Minister Yoshifumi Matsumura said Shanshan could cause “unprecedented” levels of violent winds, high waves, storm surges and heavy rain. At a task force meeting on Wednesday, he urged people, especially older adults, not to hesitate and take shelter whenever there is any safety concern.

Hundreds of domestic flights connecting southwestern cities and islands were canceled Thursday, and bullet trains and some local train services were suspended. As the storm headed northeast, similar steps were taken in parts of the main island of Honshu that were experiencing heavy rain. Postal and delivery services were suspended in the Kyushu region, and supermarkets and other stores planned to close.

Mari Yamaguchi, The Associated Press


Shanshan: Millions told to evacuate as Japan hit by one of strongest typhoons

Jacob Phillips
Thu, August 29, 2024

Shanshan: Millions told to evacuate as Japan hit by one of strongest typhoons

Millions of people were ordered to evacuate their homes as Typhoon Shanshan lashed southwest Japan with strong winds and torrential rain, knocking out power, snarling air traffic and forcing major factories to close.

At least three people died as the tropical storm Shanshan made landfall on Thursday morning.

The typhoon hit the southern island of Kyushu and then gradually lost strength, though it was still forecast to bring strong winds, high waves and significant rainfall to most of the country.

Nearly two feet of rain fell in parts of Miyazaki prefecture on Kyushu, swelling rivers and threatening floods but by late afternoon on Thursday “it was no longer a powerful typhoon”, the Japan Meteorological Agency said.

The amount of ran that fell in 24-hours was more than the average rainfall for all of August, it said.

As disaster risks in the Kyushu region subsided on Thursday, Shanshan started dumping heavy rain on neighboring Shikoku island.

The storm ripped through downtown Miyazaki city on Kyushu, knocking down trees, throwing cars to the side in parking lots and shattering windows of some buildings.


Fallen pole following Typhoon Shanshan in Miyazaki, Japan on August 29 (@bakuteman_8910 via REUTERS)

The prefectural disaster management task force said about 50 buildings were damaged.

NHK public television showed a swollen river in the popular hot spring town of Yufu in Oita prefecture, just north of Miyazaki, with muddy water splashing against a bridge.

More than 70 people were injured across Kyushu, mostly in Miyazaki and Kagoshima.

Some were injured by being thrown to the ground by the storm on their way to shelters, the Fire and Disaster Management Agency said.

About 168,000 households were without power across Kyushu, most of them in Kagoshima prefecture, Kyushu Electric Power Company said.

About 20,000 people took shelter at municipal community centers, school gymnasiums and other facilities across Kyushu, according to prefectural reports.

Ahead of the storm's arrival, heavy rain triggered a landslide that buried a house in the central city of Gamagori, killing three residents and injuring two others, the city's disaster management department said.

Damaged building following Typhoon Shanshan in Miyazaki, Japan on August 29 (@bakuteman_8910 via REUTERS)

On the southern island of Amami, which Shanshan passed, one person was injured by being knocked down by a wind gust while riding a motorcycle, the fire agency said.

Weather and government officials are concerned about extensive damage as the storm slowly sweeps up the Japanese archipelago to the northeast over the next few days, threatening more floods and landslides.

In the Tokyo region, Shinkansen bullet trains connecting Tokyo and Osaka were suspended on Thursday evening due to heavy rain in the central region.

Bullet train service also was to be suspended in parts of the western and central regions on Friday.

Disaster Management Minister Yoshifumi Matsumura said Shanshan could cause "unprecedented" levels of violent winds, high waves, storm surges and heavy rain.

At a task force meeting on Wednesday, he urged people, especially older adults, not to hesitate and take shelter whenever there is any safety concern.

Hundreds of domestic flights connecting southwestern cities and islands were cancelled on Thursday, and bullet trains and some local train services were suspended.

As the storm headed northeast, similar steps were taken in parts of the main island of Honshu that were experiencing heavy rain. Postal and delivery services were suspended in the Kyushu region, and supermarkets and other stores planned to close.

Flights, trains canceled as Typhoon Shanshan rolls across Japan

Simon Druker
Fri, August 30, 2024


Hundreds of flights were canceled in Japan Friday, as were trains in several parts of the country which is still sheltering from the deadly Typhoon Shanshan. Photo by Kimimasa Mayama/EPA-EFE

Aug. 30 (UPI) -- Hundreds of flights were canceled in Japan Friday, as were trains in several parts of the country which is still sheltering from the deadly Typhoon Shanshan.

A number of major highways and expressways also remained closed across Japan because of the intense wind and rain caused by the tropical cyclone.

Shanshan made landfall Thursday, leading to mudslides and flooding that killed six people and injured at least 100 more.

The typhoon is in the midst of weakening as it moves east across the island nation but forecasters are still calling for heavy rain far from the storm's center as well as strong winds.

Up to 11.8 inches of rain is expected to fall over a 24-hour period through 6 p.m. JST Saturday in several areas around the Shizuoka Prefecture on the island of Honshu. Some areas in southern and southwestern Japan had already seen around 15.5 inches through Friday afternoon.

Japan Airlines announced it would cancel an initial 296 domestic flights Friday. The country's flag carrier, however, added 10 total flights Friday distributed across Haneda, Itami and Nagoya airports.

All Nippon Airways announced the same day it was canceling 385 domestic and international flights through Saturday evening.

Shanshan was located in the prefecture of Ehime on the island of Shikoku and moving east-northeast at 9.3 mph with winds gusting up to 56 mph, according to the latest update from forecasters issued at 6 p.m. JST Friday.

Train service is also severely impacted.

Hundreds of trains have been canceled across the country. Central Japan Railway suspended all high-speed service between Tokyo and Nagoya through Friday.

Only two of the slower Kodama trains are running per hour on the busy route between Nagoya and Osaka.

The railway also warned of further cancellations or delays through next Tuesday.

Other railroads across the country were canceling or heavily reducing service as well.

Contract security officers leave jail in Atlanta after nonpayment of contract
Kate Brumback
Fri, August 30, 2024 at 2:41 p.m. MDT·4 min read


The Associated Press

ATLANTA (AP) — Some security officers at a jail in Atlanta that is under federal investigation walked off the job after the Fulton County sheriff's office failed to pay money owed to the third-party contractor that employs them.

The Fulton County Sheriff's Office said in a news release that it is facing “a significant budget crisis” and owed an outstanding balance of more than $1 million to Strategic Security Corp. The company notified its employees Thursday afternoon that the contract had ended, that they would be clocked out at 2:15 p.m. and that they should not report to work at the jail going forward.

The sheriff's office said that “created an immediate safety issue” at the county's main jail and employees from all divisions were sent to staff the jail.

There were 17 contract officers working at the time, 13 at the main jail in Atlanta and four at the south annex in Union City, sheriff’s office spokesperson Natalie Ammons said. There are three shifts in a 24-hour period and there were a total of 74 contractors working on rotation to cover all of the shifts, she said.

Joe Sordi, CEO of Strategic Security Corp., told reporters Friday that his employees were hired to do jobs that did not involve direct contact with people housed in the jail. From the start of the contract in July 2023, the sheriff's office immediately fell behind on payment and never fully paid what it owed in any single billing cycle.

Ammons said the sheriff’s office did pay some bills in full during the life of the contract and that the current invoice is 90 days past due.

Under the terms of the contract, the company could have suspended services once the sheriff's office defaulted on two billing cycles, Sordi said. But they didn't do that because of a “moral obligation” to the officers and to the sheriff's deputies working in the jail. Instead, he said, they continued to pay their employees and tried to engage the sheriff's office, which kept making small payments to “keep us at bay” but never paid the entire principal due.

The sheriff's office has been “severely delinquent” since February and Sheriff Pat Labat kept making excuses for why the money hadn't been paid, Sordi said. The CEO said he kept extending deadlines but gave the sheriff a final date of this past Wednesday to provide an answer about whether he could come up with the money.

Sordi said that Thursday was the “first time in several months” that the sheriff returned his calls.

“We spoke and his answer was that, ‘We simply just don’t have the money,'” Sordi said.

Sordi said his company is “actively pursuing formal measures to reengage Fulton County” if the sheriff's office wants to continue services. But he also said he is “exploring any method possible” to secure payment of the money owed.

Board of Commissioners Chairman Robb Pitts released a statement Friday saying that the sheriff's office signed the contract to provide staffing for watchtowers within the jail without the involvement of the county purchasing department. He said the commissioners approved funding as part of the fiscal year 2024 budget, allocating $1.3 million based on the contract usage at the time and with input from the sheriff's office.

It wasn't until this month that the sheriff's office notified county management that it had already spent more than a $1 million over the budgeted amount, Pitts said. Funding for the sheriff's office and the jail has increased by 66% since 2019, but the sheriff “has consistently failed to demonstrate basic budget management practices,” Pitts said.

“The public has every right to be concerned about these issues,” Pitts said. The Board of Commissioners plans to discuss the matter at its meeting next week.

Labat said that nearly 50 of the contract security officers came to the jail Thursday evening and were given conditional offers of employment and some were able to work immediately after completing paperwork.

Sordi said Labat's efforts to hire his employees and the failure to pay from the start showed that the “agreement was entered in bad faith.”

The U.S. Department of Justice last year opened a civil rights investigation into jail conditions in the county, citing violence and filthy conditions. Federal authorities specifically mentioned the September 2022 death of Lashawn Thompson, one of more than a dozen people who has died in county custody over the last two years. Thompson, 35, died in a bedbug-infested cell in the jail’s psychiatric wing.

A state legislative committee formed last year to examine conditions at the jail concluded last week that more cooperation was needed between top county officials.

Labat has long acknowledged the problems and has called for a new $1.7 billion jail to replace the crumbling main jail on Rice Street. But county commissioners in July voted 4-3 instead for a $300 million project to renovate the existing jail and to build a new building to house inmates with special needs.

Kate Brumback, The Associated Press






TARGETED KILLING = WAR CRIME

Israeli strike on Gaza aid convoy kills four Palestinians, US group says

Fri, August 30, 2024
By Kanishka Singh

WASHINGTON (Reuters) - An Israeli air strike on an aid convoy carrying food and fuel to a Gaza hospital killed four Palestinians on Thursday, U.S.-based aid group Anera said as Israel claimed they were "armed assailants," which the group denied.

The four Palestinians were in the lead vehicle of an Anera aid convoy bound for the Emirati Red Crescent Hospital in Rafah in southern Gaza, the aid group said in a statement on Friday.


Soon after the convoy left the Israel-controlled Kerem Shalom crossing into Gaza, four Palestinians from the community "took control of the leading vehicle, citing concern that the route was unsafe and at risk of being looted," Anera said.

"Israeli authorities allege that the lead car was carrying numerous weapons. Every initial report from those at the scene indicate that no weapons were present," the organization said.

A plan agreed with Israeli authorities called for unarmed security guards in the convoy. The four had not been vetted nor coordinated with Israeli authorities, but the convoy did not perceive them as a threat, Anera said.

Anera said there was no warning or communication before the Israeli airstrike. No Anera staff were injured. After the four were killed, the rest of the convoy delivered the aid, it said.

In a statement quoted by multiple media outlets, the Israel Defense Forces said: "A number of armed assailants seized control of the vehicle in the front of the convoy... and began to lead it."

"After the takeover and further verification that a precise strike on the armed assailants' vehicle could be carried out, a strike was conducted," the IDF said.

The Israeli military and the Israeli embassy in Washington could not immediately be reached for further comment.

Aid and humanitarian organizations have been hit previously in Israel's Gaza war. In April, three Israeli strikes hit a convoy of aid vehicles, killing seven World Central Kitchen staff. The United Nations World Food Programme said this week that one of its vehicles was hit by 10 bullets near an Israeli military checkpoint.

The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered on Oct. 7 when Palestinian Islamist group Hamas attacked Israel, killing 1,200 and taking about 250 hostages, according to Israeli tallies.

Israel's subsequent assault on the Hamas-governed enclave has since killed over 40,000 Palestinians, according to the local health ministry. Nearly the entire Gaza population of 2.3 million has been displaced and the enclave has a hunger crisis. Israel faces genocide allegations at the World Court that it denies.

(Reporting by Kanishka Singh in Washington; Editing by Cynthia Osterman)

Israeli strike kills 4 Palestinians in an aid convoy to a Gaza hospital. Israel says men were armed.

Jon Gambrell
Fri, August 30, 2024 


DUBAI, United Arab Emirates (AP) — An Israeli military strike hit the first vehicle in a convoy carrying medical supplies and fuel to an Emirati hospital in the Gaza Strip, killing four Palestinians from a local transportation company, officials said Friday.

The Israeli military insisted the four men were carrying weapons while the American Near East Refugee Aid group said the missile strike on Thursday came without any warning or prior communication with soldiers.

The incident underlines the chaotic situation prevailing in the Gaza Strip and the dangers posed to aid groups since the outbreak of the Israel-Hamas war following Hamas’ Oct. 7 attack on southern Israel.

Over 80% of the Palestinian territory’s 2.3 million people have been displaced, with most now living in squalid tent camps. International experts say hundreds of thousands of people are on the brink of famine.

The strike happened as the aid group was bringing supplies to the Emirates Red Crescent Hospital in the town of Rafah, said Sandra Rasheed, Anera’s director for the Palestinian territories. It hit the convoy's first vehicle on the Salah al-Din Road, she said.

“The convoy, which was coordinated by Anera and approved by Israeli authorities, included an Anera employee who was fortunately unharmed,” Rasheed said in a statement. “Despite this devastating incident, our understanding is that the remaining vehicles in the convoy were able to continue and successfully deliver the aid to the hospital. We are urgently seeking further details about what happened.”

A later statement from Anera said four Palestinians were killed. The group said its “coordinated and cleared transport plan called for unarmed security guards in the convoy" with its local partner, a company called Move One.

“Shortly after departing Kerem Shalom, initial reports indicate that four community members with experience in previous missions and engagement in community security with Move One stepped forward and requested to take command of the leading vehicle, citing concern that the route was unsafe and at risk of being looted,” Anera said.

“The four community members were neither vetted nor coordinated in advance, and Israeli authorities allege that the lead car was carrying numerous weapons. The Israeli airstrike was carried out without any prior warning or communication.”

Anera did not elaborate. Other aid convoys have been beset by armed gangs and those desperate for food in Gaza.

The Israeli military, responding to questions from The Associated Press, said it had been “monitoring the situation” and saw “armed individuals joined one of the cars of an Anera convoy and began to lead the convoy.”

“We stress, that the presence of armed individuals was not coordinated, and they were not part of the pre-coordinated convoy — as noted in Anera's statement regarding the incident,” the Israeli military said. “After ruling out potential harm to the trucks, as well as a clear identification of weapons, a strike was carried out targeting the armed individuals.”

The Israeli military did not address why it didn't contact Anera before conducting the strike.

The United Arab Emirates, which reached a diplomatic recognition deal with Israel in 2020 and has been providing aid to Gaza since the Israel-Hamas war began, did not comment on the attack.

Israeli forces have opened fire on other aid convoys in the Gaza Strip. The World Food Program announced Wednesday it is pausing all staff movement in Gaza until further notice over Israeli troops opening fire on one of its marked vehicles, hitting it with at least 10 rounds. The shooting came despite having received multiple clearances from Israeli authorities.

On July 23, UNICEF said two of its vehicles were hit with live ammunition while waiting at a designated holding point. An Israeli attack in April hit three World Central Kitchen vehicles, killing seven people.

Hamas' Oct. 7 attack killed some 1,200 people in Israel and saw 250 others taken hostage. The devastating Israel offensive in Gaza since then has killed over 40,000 Palestinians and raised fears of a regional war breaking out.

Jon Gambrell, The Associated Press




Aid agency says men killed by Israeli airstrike on convoy were a local escort

Julian Borger in Jerusalem
Fri, August 30, 2024 

People wait to receive humanitarian aid in central Gaza City on 27 August.
Photograph: Omar Al-Qattaa/AFP/Getty Images

An aid agency whose convoy was hit by an Israeli airstrike on Thursday has said that the four men killed were local community members who had asked to serve as an escort for the convoy.

The four men were the only casualties from the strike, which hit the lead vehicle in which they were travelling. The Israel Defense Forces (IDF) described them as “armed assailants” who had hijacked the convoy.

The incident has highlighted the dangers being faced daily by humanitarian workers trying to deliver life-saving assistance in Gaza, under the threat of looting and assault by armed gangs and desperate civilians, while risking coming under fire from Israeli forces on the ground or drones patrolling the skies.

The convoy was organised by a US-based NGO, Anera, which has been serving refugees and victims of violence in the region for more than 50 years. It had partnered with a Dubai-based logistics company, Move One, to organise the convoy bringing medical supplies and fuel to an Emirati-run hospital in the southernmost city of Rafah.

The convoy was on the way to the hospital when the lead vehicle was hit by an apparent drone strike.

Its route had been coordinated in advance with the IDF, under a deconfliction process intended to prevent aid vehicles from being bombed. But, according to an Anera statement on Friday, shortly after the convoy had crossed into Gaza, four men from the local community who had worked with Move One before “stepped forward and requested to take command of the leading vehicle, citing concern that the route was unsafe and at risk of being looted”.

In an earlier statement, Anera had described the Palestinian men as Move One employees, but on Friday it characterised them as “four community members with experience in previous missions and engagement in community security with Move One”.

“The four community members were neither vetted nor coordinated in advance, and Israeli authorities allege that the lead car was carrying numerous weapons,” the new statement said, without addressing the allegation that the men were armed.

“Anera and Move One are in close communication and are working together to determine all the facts,” it said, adding: “The Israeli airstrike was carried out without any prior warning or communication.”

Anera’s president and chief executive, Sean Carroll, said: “According to all the information we have, this is a case of partners on the ground endeavouring to deliver aid successfully. This should not come at the cost of people’s lives.”

An IDF statement on Thursday confirmed that the route had been agreed, but claimed that “during the convoy’s movement, a number of armed assailants seized control of the vehicle in the front of the convoy [a Jeep] and began to lead it”.

It added: “After the takeover and further verification that a precise strike on the armed assailants’ vehicle can be carried out, a strike was conducted.

“No damage was caused to the other vehicles in the convoy and it reached its destination as planned. The strike on the armed assailants removed the threat of them seizing control over the humanitarian convoy.”

The IDF claimed that it had contacted Anera after the incident and that the aid organisation had “verified that all of the convoy’s organisation members and humanitarian aid were safe and reached their destination as planned”.

Anera confirmed that the convoy did reach the hospital, but said only one person travelling in the convoy had been an Anera employee.

The airstrike came hours after Israeli soldiers opened fire on a World Food Programme (WFP) vehicle clearly marked with UN insignia and travelling in a convoy of two.

The WFP said the vehicle was hit by at least 10 bullets as it approached an IDF checkpoint at Wadi Gaza. The vehicle was armoured with reinforced glass and no one inside was injured, but the agency temporarily suspended the movement of its staff around Gaza.

At a UN security council meeting on the humanitarian situation in Gaza, the US deputy ambassador, Robert Wood, expressed alarm at the shooting of a WFP vehicle and said Israel has told Washington that an initial review suggested the shooting was “a result of a communication error” between military units.

On 23 July, the UN children welfare and protection agency, Unicef, said two of its vehicles were hit with live ammunition while waiting at an army-designated holding area in Gaza.

On 1 April, the IDF killed seven aid workers in a drone attack on a convoy run by the World Central Kitchen charity.

The IDF later admitted to “grave errors” by its officers, firing two of them, and conceded that it had been informed of the planned convoy in advance but said the information had not been passed down to operational units.
UN to send mission to Bangladesh to probe human rights violations


FILE PHOTO: Activists protest against Bangladeshi former PM Hasina at University of Dhaka's TSC, in Dhaka

Fri, August 30, 2024 
By Ruma Paul

DHAKA (Reuters) - The United Nations Human Rights Office on Friday said it will dispatch a fact-finding mission to Bangladesh, as requested by the interim government, to investigate alleged human rights violations during recent deadly violence in the country.

Last month's anti-government protests, which began as a student-led movement against public sector job quotas, escalated into the deadliest violence since the country's independence in 1971.


The unrest left more than 1,000 people dead and prompted Prime Minister Sheikh Hasina to resign and flee to India on Aug. 5. Violence continued for some days after she fled.

An interim government led by Nobel Peace Prize laureate Muhammad Yunus replaced Hasina's administration, helping quell the violence as security forces also cracked down on protests.

"The office will deploy a fact-finding team to Bangladesh in the coming weeks, with a view to reporting on violations and abuses perpetrated during the protests, analysing root causes, and making recommendations to advance justice and accountability and for longer-term reforms," Ravina Shamdasani, spokesperson for the UN Human Rights Office, said in a statement.

This decision follows a visit by a UN team from Aug. 22-29, during which they engaged with various stakeholders, including members of the interim government.

UN High Commissioner for Human Rights Volker Türk welcomed Bangladesh’s recent accession to the International Convention for the Protection of All Persons from Enforced Disappearance, and praised the establishment of a national commission to investigate cases of enforced disappearances, a longstanding issue in Bangladesh.

"We stand ready to support the Commission in its work, which should be in close consultation with victims and their families," Shamdasani said.

(Reporting by Ruma Paul; Editing by David Holmes)

UN to deploy team to Bangladesh to probe rights abuses, violations during mass uprising

Fri, August 30, 2024 

GENEVA (AP) — The U.N. human rights office said Friday that it will deploy a fact-finding team to Bangladesh to investigate alleged rights abuses and violations through use of excessive force by security forces to quell protests led by students against the former government this summer.

The office of the U.N. High Commissioner for Human Rights Volker Türk said he had received an invitation from the country's interim leader Muhammad Yunus, to send the team to Bangladesh. The visit is set to take place in coming weeks.

Yunus, a Nobel Peace Prize laureate, took over this month as head of the government after former Prime Minister Sheikh Hasina stepped down and fled the country to India amid a mass uprising.

The United Nations has reported nearly 650 people died since July 15 when the student protests turned violent, and the figures also covered the deaths of many in new violence after Hasina left the country on Aug. 5.

A U.N. advance team visited Bangladesh over the last week and met with student leaders of the protests, including some who had been detained, as well as interim government and police officials, journalists, rights defenders and others.

The team received commitments from authorities and security for their “full cooperation” with the team's work, the rights office said.

“The U.N. human rights office looks forward to supporting the interim government and people of Bangladesh at this pivotal moment to revitalize democracy, seek accountability and reconciliation, and advance human rights for all the people in Bangladesh," the rights office said in a statement.

The Associated Press


Bangladesh's government led by Yunus signs UN convention involving enforced disappearance

Julhas Alam
Thu, August 29, 2024 


DHAKA, Bangladesh (AP) — Bangladesh’s interim government on Thursday signed the instrument of accession to an international convention of the United Nations aiming at preventing enforced disappearances as a state party, authorities said.

Nobel laureate Muhammad Yunus, who took over this month as head of the government after former Prime Minister Sheikh Hasina stepped down and fled the country to India amid a mass uprising, signed the accession to the International Convention for the Protection of All Persons from Enforced Disappearances, his press department said in a statement.

The signing took place during a weekly meeting of the interim government’s advisory council amid applause from the council members, the statement said.

“It is a historic occasion,” Yunus was quoted as saying.

The move came just one day before the International Day of the Victims of Enforced Disappearances. There have long been accusations that during Hasina’s 15-year-rule, hundreds of Bangladeshis, including critics and opposition activists, became the victims of enforced disappearances.

Earlier this week, the interim government established a commission to investigate cases of enforced disappearances during Hasina’s rule since 2009.

New York-based group Human Rights Watch, in a letter to Yunus, said that according to Bangladeshi human rights monitors, security forces carried out more than 600 enforced disappearances since 2009. While some people were later released, produced in court or said to have died during armed exchanges with security forces, nearly 100 people still remain disappeared.

The group also said that leaked information from military intelligence records indicates that some individuals who were forcibly disappeared were killed in custody. For victims who were returned and for those who are still missing, justice and accountability remains elusive, it said.

The International Convention for the Protection of All Persons from Enforced Disappearance is an international human rights instrument of the U.N. intended to prevent forced disappearance, which has been defined in international law as part of crimes against humanity. The document was adopted by the U.N. General Assembly in 2006 and opened for signature the next year.

On Thursday, Hasina faced a 100th case — all of them on murder charges — involving the recent student protests. The U.N. said nearly 650 people died since July 15 when the student protests turned violent, and the figures also covered the deaths of many in new violence after Hasina left the country on Aug. 5.

Also, on Thursday, a father of a slain student who died in the student protest filed a complaint with a tribunal in Dhaka against 52 people, including Hasina and 32 journalists, teachers and writers. The case document seen by The Associated Press accuses them of instigating Hasina to commit mass murder during the recent protests by using security forces to quell the demonstrations.

Many of the senior journalists have gone into hiding in fear of being arrested and harassed.

One of the journalists whose name is on the list told the AP that such cases were being filed as a scare tactic and to stifle the freedom of expression. He spoke on condition of anonymity over fears of further harassment.

Human Rights Watch recently expressed concern over the recent arrest of a journalist couple in a similar case.

Meenakshi Ganguly, deputy director of the agency’s Asia Division, in an email to the AP, recently said that it was extremely concerning that the justice system “is replicating its abusive and partisan behavior since the fall of the Awami League government of Hasina with arbitrary arrests and failure in due process, merely reversing those targeted.”

“While there is legitimate anger over the abuses under Sheikh Hasina’s authoritarian governance, the focus should be on reform, not reprisal, which will only serve to undermine the pledges of the interim government,” she had said.

The Yunus-led government has attempted to restore political stability in the country as police forces and other government sectors are demoralized after attacks by protesters. The interim government is also facing new challenges as a devastating flood ravaged the country’s eastern and other regions. Thursday's latest count said that at least 52 people died in the flooding.

Julhas Alam, The Associated Press

'Disappeared' victims emerge in Bangladesh, seek justice despite hurdles



Shafiqul Islam Kajol poses for a photograph in London

Thu, August 29, 2024 
By Krishn Kaushik, Maksud Un Nabi and Ruma Paul

DHAKA (Reuters) - Bangladesh indigenous people's rights activist Michael Chakma says he was woken up by his captors earlier this month in the dark, tiny cell where he was being held and thrown into a car, handcuffed and blindfolded.

"I thought they will kill me," he said. Instead, he was freed.

It was five years, Chakma told Reuters, since he was abducted by armed men outside a bank near the capital Dhaka. Since then, he said, the world outside did not know where he was or if he was even alive.

He was questioned about his opposition to then-Prime Minister Sheikh Hasina and beaten for weeks, he said, but then left alone in one of what he said were "hundreds" of cells with no sunlight at an unknown detention facility.

Hasina had ruled the South Asian nation of 200 million people for the past 15 years, marked by arrests of opposition leaders, crackdowns on free speech and suppression of dissent, and she resigned this month in the face of deadly student-led protests that killed hundreds.

Investigations into how hundreds of people were "disappeared", and some executed, during her tenure are a priority for the interim government led by Nobel laureate Muhammad Yunus.

Human Rights Watch said in a report in 2021 that according to Bangladeshi human rights groups, nearly 600 people have been forcibly "disappeared" by security forces since 2009.

It verified 86 enforced disappearances cases in which the fate of the victims remains unknown. Others were freed, shown as arrested or found dead, it said.

The rights group and activists say the victims were held in different detention centres across the country and any involvement of the army, paramilitary or police could pose a challenge to the interim government's investigations.

Spokespersons for Bangladesh's military and police did not respond to requests seeking comment.

Hasina, who is living at an undisclosed location near the Indian capital New Delhi, could not be reached. Her son Sajeeb Wazed, who lives in the U.S. and has been speaking on her behalf, did not respond to questions about these allegations.

The government has formed a five-member commission, headed by a former high court judge, to probe the disappearances.

"There are concerns that perpetrators might try and cover up their crimes," said Asia Deputy Director for Human Rights Watch Meenakshi Ganguly. "As a first step, the security forces should release all those that are disappeared, or if they were killed in custody, provide answers to the families."

'DIFFICULT TO BREATHE'

Chakma was freed on Aug. 7 in teak gardens near Chittagong district in southeastern Bangladesh, around 250 km (150 miles) from Dhaka. He said he did not know then that Hasina had been ousted from office and fled to neighbouring India less than two days earlier.

Sitting in a small room with a table and a few plastic chairs in an apartment in Dhaka, Chakma, a short, stocky man, controlled his tears as he shared his ordeal.

"It was difficult to breathe. Initially, they told me that they would release me soon, but as months and years passed, I gave up hope of getting out. Each day felt like 100 days there."

At least two other people were freed after what they said were years of secret detention on the same day as Chakma, but few details have emerged on who held them and where.

The interim government said this week the commission will "investigate enforced disappearances that occurred" since Jan. 1, 2010 "allegedly involving members of the police" and arms of the paramilitary, intelligence and military.

Nur Khan, a member of the commission and a prominent human rights activist in Bangladesh, told Reuters that the members are yet to meet so it was "very difficult to talk about how optimistic we are about the success of the commission."

But, he added: "With the forming of this commission the victims and their families at least have a platform from where they can seek fair trial and punishment for the perpetrators."

Reuters spoke to 15 people, including victims of such detentions, families of some who are still missing, human rights advocates, government officials and observers, about the challenge to seek justice.

One was Shafiqul Islam Kajol, a photojournalist in Dhaka who says he was kidnapped by a group of eight or nine people at gunpoint near Dhaka University in March 2020.

Talking to Reuters from London, he said: "They beat me a lot there."

Between threats of killing him, he said his captors asked him about what he knew about Hasina.

"They tortured me... I used to bleed from my nose and mouth," Kajol said.

After 53 days in captivity, he says he was left near a border town and promptly arrested by Bangladesh's border police. He was released in December, 2020, after the courts acquitted him of trespassing charges.

Kajol went to London on a visit last year and applied for asylum, which is still under review.

"I want to return to my country if I get security. I want to file a case against all those who disappeared me, including Sheikh Hasina," Kajol said.

Chakma also said he was willing to depose before the commission but worried about his safety.

"There were many people involved in these crimes, and they remain strong."

These people have "created a system that is beyond all accountability, so I am not sure how much this government can change them", he said.

(Reporting by Krishn Kaushik, Maksud Un Nabi and Ruma Paul in Dhaka, Editing by Raju Gopalakrishnan)
Feds end exemption allowing visitors to apply for work permits from within Canada

CBC
Fri, August 30, 2024 

Immigration Minister Marc Miller's department announced that as of Aug. 28, visitors to Canada will no longer be able to apply for work permits from within Canada. (Ethan Cairns/The Canadian Press - image credit)


The Liberal government is putting a stop to an immigration exemption that allows visitors to apply for work permits from within Canada.

Immigration, Refugees and Citizenship Canada (IRCC) introduced the policy during the pandemic for visitors who couldn't leave Canada due to COVID-19-related travel restrictions.

IRCC said that the exemption was eliminated Aug. 28 as part of the federal government's efforts to cut down on the number of temporary residents in order to "preserve the integrity of the immigration system."

The Liberal government said "bad actors" had been using the exemption to trick foreign nationals into working in Canada without authorization.

Applications submitted before Aug. 28 will continue to be processed, IRCC said in a statement.

IRCC said that while the temporary policy was set to expire on Feb. 28, 2025, it was ending the program early.

"Responding to a racist outcry linking migrants to the affordability crisis, the federal Liberals are making knee-jerk changes to the immigration system to show that they are in control," Syed Hussan, executive director of Migrant Workers Alliance for Change, told CBC News.

Hussan said as a result of the change, migrants without permanent residency are losing even more rights.

"This program was not being used by tourists to become workers," he said. "It was being used by migrant workers to transition in and out of work permits because existing rules make it so hard for workers to find jobs and employers."

Stemming reliance on TFWs

Earlier this week, Prime Minister Justin Trudeau announced he is reducing the number of temporary foreign workers in Canada as a part of his government's efforts to reduce the number of temporary residents.

The rules around the temporary foreign worker program (TFW) were relaxed during a severe post-COVID labour shortage — a decision that led to a spike in the number of low-wage workers in the country.

That historic surge in temporary foreign workers has been identified by some experts as a cause for fuelling unemployment among immigrants and young people.

On Monday, Trudeau said employers in high unemployment areas — places where the unemployment rate is six per cent or higher — will not be able to hire low-wage TFWs, with limited exceptions.

Those exceptions include "food security sectors" like agriculture and food and fish processing as well as construction and health care where acute staffing shortages still exist.

Under the changes, employers will no longer be allowed to hire more than 10 per cent of their total workforce through the TFW program and low-wage TFWs will also be limited to one-year contracts, down from the current two.

"We need Canadian businesses to invest in training and technology, not increasing their reliance on low-cost foreign labour," Trudeau said.

"It's not fair to Canadians struggling to find a good job, and it's not fair to those temporary foreign workers, some of whom are being mistreated and exploited."

Trudeau also said the government is considering a reduction to the number of permanent residents Canada accepts each year — a potentially major policy change after years of increasing immigration levels on the Liberal government's watch.

Top Truth Social execs—including the CEO—are shedding stock before Trump even can

Sydney Lake
Fri, August 30, 2024 

Getty Images—Emily Elconin

Donald Trump is in need of a massive payday to cover his legal expenses and presidential campaign, but he can’t tap into his Truth Social stock. At least not quite yet.

In late March, the former president’s social media company started trading on Nasdaq when Trump Media & Technology Group. Corp. merged with a blank-check company called Digital World Acquisition Corp. Truth Social launched in February 2022 after Trump was banned from Facebook and X as a consequence of the Jan. 6, 2021 insurrection at the Capitol. While he’s since been reinstated on both platforms, he’s stuck to his own although his company isn’t performing as well as when it first launched.

Since its inception, Truth Social’s share price has largely plummeted. After soaring to $57.99 per share at launch, it’s worth just $19.60 per share, valuing the company at just over $3.8 billion. That means Trump’s payday—if he chooses to sell off his majority stake—will be much smaller than anticipated earlier this year.

“Truth Social is tanking because it is essentially a meme stock,” Robert R. Johnson, a finance professor at Creighton University and author of The Tools and Techniques Of Investment Planning, Strategic Value Investing and Investment Banking for Dummies, told Fortune. “The stock price of Truth Social is unconnected to the reality of the financials of the firm. In the first quarter of 2024, the firm lost $327 million on revenues of only $770,500. These aren't numbers that remotely support the current stock price, much less the atmospheric values—nearly $80—that the stock hit in late March.”
How much Truth Social stock does Trump own and when can he sell it?

Trump owns a $2.3 billion stake in Trump Media & Technology Group, which trades as under ticker DJT (also his initials), but he can’t liquidate any of it until Sept. 25, according to SEC filings. That’s due to a lock-up period rule, which prevents insiders from immediately selling once a company goes public.


But Trump could sell off his shares five days if Trump Media’s share price equals or exceeds $12 for any 20 trading days within a 30-day trading period starting Aug. 22. If the stock price stays steady, that means Trump’s restrictions could lift as soon as Sept. 20.

While Trump isn’t able to start selling his shares yet, some other insiders have started shedding their stake in the company. Trump Media’s chief financial officer and treasurer, Phillip Juhan, disclosed last week he’s selling $1.9 million worth of stock, according to SEC filings. Trump Media’s general counsel Scott Glabe, chief operating officer Andrew Northwall, and chief technology officer Vladimir Novachki each also sold shares, according to Aug. 22 SEC filings. Devin Nunes, a former Republican congressman and Trump Media’s CEO and president, also sold off $632,000 worth of stock last Thursday.

While it’s not necessarily uncommon for executives to sell some of their stake in a company, selling at a loss—which they did—can be an indicator for trouble ahead.

“Since selling a stock at a loss is painful, an investor who sells at a loss must have particularly negative information,” Peter Kelly, a finance professor at the University of Notre Dame, wrote in a 2018 paper published by Oxford Academic. “And what you see is when stocks are sold at a loss, it predicts negative returns.”
Would Trump really sell his DJT shares?

While Trump is still sitting on a nice chunk of change, it’s somewhat unlikely that he’d sell his entire stake in the company for some cash flow. That’s largely because it could end up tanking the stock even further.

“Speculators in Truth Social would likely see a sizable loss in wealth as Trump sells off some of his position in the firm,” Johnson said.

And that wouldn’t be in Trump’s interest since many shareholders are also his political supporters who could get burned by a massive sell-off.

“If Trump were to sell a large number of shares and the stock price tanks, to some degree he would be burning his own supporters who bought the stock,” Jay Ritter, a finance professor at the University of Florida’s Warrington College of Business, told CNN. “Politically, that may not play out real well for him.”

While all eyes will be on Trump come late September in terms of whether he’ll choose to sell any stock, the time to really watch Trump Media stock will be around the time of the election.

“The case for speculating—note, I say speculating and not investing—in Truth Social is that Trump wins the presidency and the social media platform gains popularity and is able to create a sustainable business model,” Johnson said. “The stock is under pressure as those prospects have dimmed with the recent surge in popularity of the Democratic ticket.” As of Friday, Democratic presidential nominee Kamala Harris held a slim margin over Trump, according to a Wall Street Journal poll.

This story was originally featured on Fortune.com


Trump Media shares sink below $20 for the first time since going public

Kelly Cloonan
Wed, August 28, 2024

Shares of Trump Media have tumbled this week, hitting a new record low under $20 per share.

The stock has sunk since Kamala Harris entered the race and reshuffled election odds.

The stock also took a hit this month when Trump returned to rival platform, X.

Trump Media continued its recent downward spiral this week, hitting a record low.

The Truth Social owner's shares fell below $20 each in Wednesday's session, a first since the company went public in March.

The stock has been sliding since mid-July, fueled by President Joe Biden dropping out of the race and Democrats uniting around Vice President Kamala Harris as the Democratic nominee last month, shaking up the election odds in the process.

Betting market PredictIt currently forecasts a 47% chance of a Trump win, down from 69% in mid-July after a failed assassination attempt on the former president.

In the weeks since its mid-July surge of $40.58, Trump Media has lost 51% of its value amid falling odds of a win for the Republican presidential nominee.

The shares also saw swift declines following Trump's return to X, a Truth Social competitor, earlier this month ahead of an interview with the platform's CEO Elon Musk. The stock dropped 5% the day after he made his first post on the platform in three years.

Investors are also likely feeling skittish ahead of the expiration of a lock-up agreement that could allow Trump and other company insiders to start selling shares. The agreement could expire as early as September 20.

The former president has a nearly 60% stake in the company, amounting to over $2.2 billion and accounting for over half his net-worth, according to data from Forbes.