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IronLionZion's Journal
IronLionZion's Journal
July 24, 2024

Historic flood of cash pours into Harris campaign and allied groups

Gift link: https://wapo.st/4d56rea

Weeks of pent-up Democratic panic gave way to a historic flood of campaign cash for likely presidential nominee Vice President Harris this week, as allied groups reported massive fundraising hauls amid donor elation.

The coordinated Harris campaign reported Tuesday morning that they had raised more than $100 million from 1.1 million donors in the first 41 hours after President Biden announced he was stepping aside. FF PAC, also known as Future Forward, the largest outside group supporting Biden, announced $150 million in commitments in the first 24 hours after Biden’s Sunday afternoon announcement.

Some funds had been withheld during the weeks of concern over Biden’s path to victory after his stumbling, confused performance at a June 27 debate prompted calls to drop out. But major donors and fundraisers reported a newfound energy, both in donations to political groups that report the contributions and to nonprofits that do not, which are funding much of the organizing effort in key states that will benefit the Democratic candidacy.

Biden has canceled campaign events he had scheduled for the coming weeks, though campaign officials say some may be rescheduled. Fundraisers that first lady Jill Biden planned to headline will now be hosted by Doug Emhoff, the second gentleman. The Harris campaign also reported a massive increase in volunteer sign-ups, with 58,000 people in the first 48 hours, a sign-up rate that is 232 times larger than the Biden campaign’s daily average.

This is Obama-style. People on our side are very excited. Tons of volunteers and small donors. Tremendous respect to President Biden for making this possible. We can win this election.

Until she gets her own site up and running:
July 17, 2024

Meet Usha Chilukuri Vance: The Indian-Origin Litigator and Wife of Trump's Running Mate JD Vance

Kamala made history in a wonderful way. But now we have Indian women on both sides of a US presidential election. That's notable in way. It's also fun to see who slips up and says Usha is an immigrant when she's not. Melania is.

She's Telugu. Her family ancestry is from Andhra Pradesh in southeast India.
July 16, 2024

Why I Took the Teamsters' Fight for American Workers to the RNC Opinion

Several months ago, I asked the RNC and the DNC for the opportunity to speak. To be frank, when President Trump invited me to speak at this convention, there was political unrest—n the Left and on the Right. Anti-union groups demanded the President rescind his invitation. The left called me a traitor. This is precisely why it is so important for me to be here today. The Teamsters are doing something right if the extremes in both parties think I shouldn't be on this stage.
Corporatists hate when working people join together to form unions. But for a century, major employers have waged a war against labor by forming corporate unions of their own. We need to call the Chamber of Commerce and the Business Roundtable what they are—they are unions for Big Business.

Here's the fact: against gigantic multi-national corporations, an individual has zero power. It is only when Americans band together in democratic unions that we win real improvements on wages, benefits, and working conditions.
We need corporate welfare reform. Under our current system, massive companies like Amazon, Uber, Lyft, and Walmart take zero responsibility for the workers they employ. These companies offer no real health insurance, no retirement benefits, no paid leave. Workers are left relying on underfunded public assistance. And who foots the bill? The individual taxpayer.

The biggest recipients of welfare in this country are corporations. This is real corruption. We must put workers first. What is more important to the security of our nation than long-term investment in the American worker?

I posted a few choice paragraphs but the link has the full text of his speech. It should be noted that he is blasting corporate elites, big banks, big tech, and does not endorse Trump for president. I think Sean O'Brien is speaking pro-worker truths to an anti-union audience that isn't used to hearing this.

This can help our side since Biden is the pro-union candidate with real reforms that have already helped American workers with collective bargaining and fair wages and benefits.

Here's some ammo when dealing with any swing voters:
8 Ways the Biden Administration Has Fought for Working People by Strengthening Unions

Biden Is the Most Pro-Labor President Since F.D.R. Will It Matter in November?

The Biden-Harris Record is full of making more stuff in America, rebuilding infrastructure, lots more jobs, higher wages, health insurance, etc.

July 14, 2024

Is This The BEST Press Conference Of All Time?

Trash Revolution
July 11, 2024

I asked Senator Warren if the President is TOO OLD?

This was entertaining to watch
June 24, 2024

The stock market is having its best election year ever



Traders could be forgiven for breaking out their champagne glasses, even though 2024 isn’t halfway done yet.

US stocks have leaped from all-time high to all-time high this year: the S&P 500 has surpassed its own record a staggering 31 times since January. That equates to a new all-time high about every four trading days.

Investors have shrugged off elevated interest and inflation rates, a chaotic political and global environment and general economic uncertainty to give markets the best start to an election year on record.

The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to election years in which the incumbent president is running for reelection, the average jumps to 12.2%.

This year, the index has already far surpassed those average gains. The S&P 500 is 14.6% higher year-to-date — the best start to an election year on record, according to Goldman Sachs — and up nearly 31% from its October 2023 low at 4,117 points.

The best election year stock market in US history.

I can't wait to hear RW media explain why this is bad for Biden and his socialist policies are killing jobs and destroying our economy.

June 21, 2024

Trump Media shares are in free fall


New York

Truth Social owner Trump Media & Technology Group has gone ice-cold.

The conservative social media company has lost nearly half its market value since May 30. Trump Media’s volatile share price (DJT) tumbled another 14% on Thursday, leaving it down by a staggering 48% in the span of just three weeks.

The severe selloff has erased nearly $3 billion from the estimated net worth of former President Donald Trump, the controversial company’s leading shareholder and chairman.

The weeks-long selloff accelerated in recent days as Trump Media announced it received approval from regulators for a move that threatens to water down the holdings of shareholders.

Despite the tumbling share price, some experts are warning Trump Media remains vulnerable to further losses.

“The stock is still wildly overpriced,” said Jay Ritter, a finance professor at the University of Florida who has studied capital markets for the past four decades.

Trump's stake in his company lost half it's value over the last 21 days.

Some geniuses are way too stable for the rest of us.
June 20, 2024

These employees moved across the country for work, then Disney canceled the project. Now they're suing.


Two employees are suing the Walt Disney Company, saying the company moved their jobs from California to Florida, only for Disney to cancel the project and move them back, hurting them financially and emotionally.

They’re proposing a class action, alleging there are many others in a similar situation.

In 2021, then-Disney CEO Bob Chapek announced a move of 2,000 positions from California to Florida. But in May 2023, after CEO Bob Iger returned, the company canceled the $1 billion Lake Nona office complex amid a legal and political battle with Republican Gov. Ron DeSantis that has since been settled.

The plaintiffs, Maria De La Cruz and George Fong, both work for Disney’s product design division. De La Cruz is vice president of product design, and Fong is a creative director, according to the complaint filed by Lohr Ripamonti LLP on Tuesday.

The lawsuit, which seeks an unspecified amount in damages, has not yet been processed by the Superior Court of Los Angeles.

The complaint alleges that Disney misrepresented and concealed its true plans for the Lake Nona project, hurting – financially and otherwise – at least 250 employees who had made the move from California to Florida.

The complaint states employees were informed about the project to relocate 2,000 roles to Florida in July of 2021 and that Disney “made it clear that employees who declined relocation would lose their jobs.”

Several things going on here. Disney fighting with DeSantis, screwing contractors, and apparently not as many jobs moving into Florida.
June 12, 2024

It's so hot in India, an insurer is helping thousands of women buy food


New Delhi

A one-of-its-kind insurance policy has started making payouts to tens of thousands of women across India to help them cope with the impact of extreme heat.

Fifty thousand women in 22 districts across the states of Rajasthan, Maharashtra and Gujarat received a $5 payments as temperatures topped 40 degrees Celsius (104 Fahrenheit) last month in several parts of the country.

“This is the first time that insurance payouts and a direct cash assistance program have been combined to supplement the income of women when it’s dangerously hot,” said Kathy Baughman McLeod, CEO of Climate Resilience for All, a not-for-profit organization that designed the insurance in partnership with India’s Self-Employed Women’s Association (SEWA), a trade union with nearly three million members.

From small farmers to casual laborers, many SEWA members depend on agriculture for their livelihoods, and that makes them particularly vulnerable to climate change. Indian women working in agriculture typically earn about 300 rupees ($3.60) per day.

Outdoor work in such extreme heat can lead to chronic rashes, dizziness, burns, infections, and miscarriage, according to Climate Resilience for All. Such high temperatures can also destroy crops or merchandise, which can have a debilitating impact on household debt for low-income families.

The insurance is underwritten by Swiss Re and provided locally by ICICI Lombard.

Climate change can actually kill people

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Gender: Male
Hometown: Southwestern PA
Home country: USA
Current location: Arlington, VA
Member since: Mon Nov 10, 2003, 07:36 PM
Number of posts: 46,075

About IronLionZion

If an H-1b has an American accent, they are probably not an H-1b. It's race, not citizenship. Americans are more diverse than you think. Millions of US citizens don't look the way you might expect. This fact is very important and will help us win elections.
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