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Tuesday, December 3, 2024

■ Today's Top News 


For Wall Street-Fueled Philanthropy Industry, Every Day Is Giving Tuesday

"The financial industry aggressively markets DAFs for uncharitable reasons: advantages as tax avoidance vehicles, especially for complex assets; no payout requirements—and secrecy to donors and grantees alike," said one of the report's authors.

By Eloise Goldsmith



CFPB Wants to Rein In Predatory Data Brokers—But Can't If Musk 'Deletes' Agency

"This rule would be a major win for the privacy rights of Americans and is the kind of bipartisan, commonsense action that should be protected and encouraged by politicians in both parties."

By Julia Conley



Watchdogs Say World's Richest Man Elon Musk Has 'Declared War on Social Security'

"Elon Musk's commission is a plot to destroy our Social Security by giving it to Wall Street executives—so that you get nothing and they get everything," warned one advocate.

By Jake Johnson



South Korean Parliament Votes 190-0 to Reverse Martial Law Edict

"The declaration of the martial law is now invalid—the people now can be relieved," said National Assembly Speak Woo Won Shik after the vote.

By Jon Queally



Biden's Hands 'Will Be Bloody' If He Lets Trump Inherit Death Row Cases, Critics Warn

"President Biden came into office committing to abolishing the federal death penalty because of its fundamental flaws. Commuting the federal row is the way he can honor that commitment," said one advocate.

By Eloise Goldsmith



UN Says Food Availability Has Hit 'All-Time Low' in Gaza as Forced Famine Takes Hold

"The window of opportunity to deliver assistance is now, today, not tomorrow," said the deputy director-general of the United Nations Food and Agriculture Organization.

By Jake Johnson


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■ Opinion


Donald Trump's Final Spectacular Bankruptcy Will Be... All of Us

It’s a rather straightforward fact that this country is now visibly going down in a potentially big-time fashion and that, domestically speaking, there’s far worse to come. We can longer say that a majority of the country did not ask for this.

By Tom Engelhardt


Beware the Toxic Chemicals at Dollar Stores

The nation’s largest dollar stores continually fail to meaningfully strengthen their chemical policies and intervene in their supply chains to keep their shoppers safe.

By José Bravo


Honest Math Shows That the Wealthy Aren’t Paying Their Fair Share

For taxing the rich, we currently rely on an income tax based on adjusted gross income as our primary vehicle. That isn’t working.

By Bob Lord