The wealth of the world's billionaires reached record heights this year despite the global coronavirus crisis, led by tech, health and industry "innovators and disruptors" like Elon Musk, said a report published Wednesday.
By the end of July, the cumulative wealth of billionaires stood at around $10.2 trillion, according to a study by Swiss bank UBS and accounting giant PricewaterhouseCoopers. That exceeded the previous peak of $8.9 trillion recorded in 2017.
If you are a politician in Washington you are basically in there for life, if you so choose. The is the power of incumbency in American politics. Congressmen and women get reelected 90 to 95 percent of the time. That means you are unlikely to lose your job. No matter how bad you are at:
But there's an old herd of active politicians taking things to a new level. Today, it seems, you're nobody in Washington unless you're 80. Speaker Nancy Pelosi, who has been the top House Democrat for nearly 20 years, is 81. Her deputy, Democratic Rep. Steny Hoyer of Maryland, is 82. The No. 3 Democrat, South Carolina Rep. Jim Clyburn, is 81. President Joe Biden, who turns 80 next November, is comparatively junior -- though once the youngest member of the US Senate, he was the oldest person to take office as President.
The current leader of the Senate, Democrat Chuck Schumer, is 70, but his opposite number, Mitch McConnell, is 79.
According to experts and advocates, the last year has seen a spike in violence against the homeless. There was a beheading in Colorado. A sleeping man lit on fire in the stairwell of a New York City apartment complex. An attack by four juveniles on a sleeping woman in Washington state. Beyond these lurid headlines, however, are dozens of daily acts of violence occasioned by increasing collisions between the housed and unhoused populations in the wake of the coronavirus pandemic, experts say.
“We do believe there is an increase based on news reports and reports from advocates,” said Donald Whitehead, executive director of the National Coalition for the Homeless. For the past four years, homelessness numbers have climbed in America, according to the U.S. Department of Housing and Urban Development, a trend that is expected to continue in 2022.
The response in many communities to these increases has been “a criminalization of homelessness,” Whitehead said. “That creates this culture of people not being important. Or people being less-than. It gives people
The CIA has a secret, undisclosed data repository that includes information collected about Americans, two Democrats on the Senate Intelligence Committee said. While neither the agency nor lawmakers would disclose specifics about the data, the senators alleged the CIA had long hidden details about the program from the public and Congress.
Sens. Ron Wyden of Oregon and Martin Heinrich of New Mexico sent a letter to top intelligence officials calling for more details about the program to be declassified. Large parts of the letter, which was sent in April 2021 and declassified Thursday, and documents released by the CIA were blacked out. Wyden and Heinrich said the program operated “outside the statutory framework that Congress and the public believe govern this collection.”
There are new claims that the oldest sitting member of the US Senate isn't mentally fit for her demanding job.
One unnamed member of Congress said Sen. Dianne Feinstein's mental acuity raised such concern for them that they considered staging "some kind of intervention" to get the 88-year-old California Democrat to retire, the San Francisco Chronicle reported Thursday.
Four US senators, three of them Democrats, told the Chronicle they'd seen Feinstein's memory "rapidly deteriorating" to the point where they worried it interfered with her ability to do her job without significant help from her staff. Three former Feinstein staffers and a Democratic California House member also spoke with the Chronicle on the condition of anonymity because of the sensitive nature of the topic, according to the report.
This is the natural consequence of the duopoly. If you are elected to Congress that job is basically for life, given the incumbents are reelected 95 percent of the time. Feinstein has been in the Senate for 30 years. Under the two-party duopoly elections have become meaningless.