"Drama surrounding the GameStop trading frenzy proves that Wall Street is 'a rigged game,' Elizabeth Warren said on Sunday. The Massachusetts senator, known for her tough take on the financial system, said that the market had been turned into a 'casino'.
She urged the Securities and Exchange Commission - founded following the stock market crash in the 1920s to protect investors and the national banking system - to do their job.
'Let's start with the fact we actually don't know who all the players are in this, whether there is big money on both sides,' she said, alluding to accusations that Robinhood, an app to allow small investors to to trade, prevented purchase of GameStop and other stocks at the behest of large hedge funds."
-->Again we have to go to a foreign newspaper to get this warning about Wall Street and the "casino" nature of its unregulated trading. The NYT wouldn't say such things about its traditional bedtime partner, and it didn't cover this story.
=====
Common Dreams:
"New Report From Rep. Katie Porter Reveals How Big Pharma Pursues 'Killer Profits' at the Expense of Americans' Health. 'It's time we reevaluate the standards for approving these mergers. It's time we pass legislation to lower drug prices. And it's time we rethink the structure of leadership at big pharmaceutical companies.'
Rep. Katie Porter on Friday published a damning report revealing the devastating effects of Big Pharma mergers and acquisitions on U.S. healthcare, and recommending steps Congress should take to enact 'comprehensive, urgent reform' of an integral part of a broken healthcare system.
'In 2018, the year that Donald Trump's tax giveaway to the wealthy went into effect, 12 of the biggest pharmaceutical companies spent more money on stock buybacks than on research and development.' The report, entitled Killer Profits: How Big Pharma Takeovers Destroy Innovation and Harm Patients, begins by noting that 'in just 10 years, the number of large, international pharmaceutical companies decreased six-fold, from 60 to only 10.' "
-->Big Pharma is another bed fellow of the "Gray Lady," or the NYT. Our supposed 'newspaper of record' didn't cover this story either.
=====
The Guardian UK:
"Fears grow that efforts to combat US domestic terrorism can hurt minorities. Civil rights advocates worry that moves to fight far-right extremism will be used against communities of color and leftwing activists. ...
Ten progressive members of Congress, led by the Michigan congresswoman Rashida Tlaib have sent a letter to congressional leadership expressing opposition to an expansion of national security powers.
'The Trump mob’s success in breaching the Capitol was not due to a lack of resources at the disposal of federal law enforcement,' the letter reads. 'We firmly believe that the national security and surveillance powers of the US government are already too broad, undefined, and unaccountable to the people.' ”
-->The NYT seems to have no fears about expanding the US security state. Again we have to go to a foreign press to cover these issue that are so central to our democracy.
