Black Agenda Radio for Week of May 30, 2016

31 May 2016

Jill Stein: U.S. Electoral “House of Cards” Coming Down

Presidential candidate Jill Stein has an answer tor those Democrats that accuse the Greens of offering themselves as “spoilers” who would throw the election to Donald Trump. “I will be horrified if Donald Trump gets elected, and I will be horrified if Hillary Clinton gets elected,” Stein told a panel at the Left Forum conference, in New York City. “I’m most horrified by a political system that gives us two lethal choices and says, ‘Pick between them, and that’s it.’” The two-party duopoly electoral arrangement is in trouble because of the “inherent disfunction of the system, and the fact that the house of cards really is coming down.”

Blacks Will Be Slow to Abandon Democrats

Bernie Sanders has no interest in creating a new political party to the left of the Democrats, because he “wants to strengthen the leftish faction within the Democratic Party,” said BAR executive editor Glen Ford, speaking at the same Left Forum panel as Jill Stein. However, Ford predicted that millions of Sanders’ followers will choose to join or help form such a party. Although Blacks are the most left-leaning constituency in the country, they will be slow to support any new, “social democratic” political formation, for fear of helping the “White Man’s Party” – the GOP. Blacks will only break out of the Democratic “trap” in large numbers, said Ford, when they perceive that the Republicans are no longer “a kind of monolithic threat” to Black America.

Charter Schools Take Chicanery Online

Charter school companies are now operating so-called “virtual schools” that have no physical classrooms, but only exist on the Internet. David Cohen, executive director of the advocacy group In The Public Interest, said California Virtual Academies, run by K-12 Inc., graduates less than half its students and is accused of counting pupils as “present” if they log online for as little as one minute a day. The charter’s teachers are paid only about $30,000, said Cohen. The company “needs to make a profit, they need to pay their CEOs, they also need to do whatever they need to do for their shareholders on the stock exchange,” he said. The profits are produced by paying teachers less, hiring fewer administration people, and squeezing every way they can,” he said.

Rich Countries Drain Trillions from Developing World

Global banking expert James Henry said rich countries siphon more than $12 trillion a year from China, Russia and other developing nations. “Collectively speaking, the world has to worry about this because it means that, oddly enough, the developing world is actually a net creditor of western Europe and the United States.” Much of the huge cash outflow is diverted to secretive offshore banking outlets, but soon finds it way back into rich western portfolios. The loss of wealth is disastrous for the developing world, said Henry. “It’s a tremendous opportunity cost for developing countries.”

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