Railroads Have Invested Heavily in Congress. They Need Their Payoff in the Senate.

A showdown over a looming railroad strike heads to the Senate floor this week, after a group of progressive Democrats, led by Rep. Jamaal Bowman, D-N.Y., pushed to modify a tentative agreement to include seven days of sick leave. The expanded agreement passed the House 220-206 on Wednesday, and the fight now moves to the Senate, where it remains unclear if there is enough Republican support to overcome a filibuster and send the agreement to President Joe Biden’s desk.

Railroads Have Invested Heavily in Congress. They Need Their Payoff in the Senate.

Related:

Why America’s Railroads Refuse to Give Their Workers Paid Leave

The answer, in short, is “P.S.R.” — or precision-scheduled railroading

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Biden calls on Congress to impose rail contract in a major assault on workers’ democratic rights

President Biden published a statement Monday night calling on Congress to intervene to block a national rail strike and impose a contract which tens of thousands of railroad workers voted down. A few hours later, outgoing Speaker Nancy Pelosi announced the House of Representatives would take up such a bill this week and send it to the Senate with the “hope that this necessary, strike-averting legislation will earn a strongly bipartisan vote…”

Biden calls on Congress to impose rail contract in a major assault on workers’ democratic rights

Sheila Bair, Former Chair of the FDIC, Is Now an “Organizer/Director” of a Cayman Islands Crypto Company that Got a U.S. National Bank Charter Last Year

On November 17, Sheila Bair, the former Chair of the Federal Deposit Insurance Corporation (FDIC) during the financial crisis of 2008, went on CNBC to lament the lack of controls leading to the collapse of the crypto currency exchange, FTX. During the interview, Bair used the phrase “nobody looking behind the curtain.”

Sheila Bair, Former Chair of the FDIC, Is Now an “Organizer/Director” of a Cayman Islands Crypto Company that Got a U.S. National Bank Charter Last Year

Related (why no one was prosecuted for the financial crisis of 2007–2008 + another comment):

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Anti-China Protests in Thailand: Who is Behind them & Why? Searching for Asia’s “Zelensky”

Nov 22, 2022 – As the US proxy war against Russia in Ukraine destroys a nation and destabilizes a region, similar meddling that preceded the 2014 coup in Kiev is unfolding across Southeast Asia and in particular, in Thailand.

Who is the “Zelensky” of Thailand? Documented evidence exposes the Thai opposition as a product of years of US interference all in a bid to pivot Thailand aways from its largest economic and trade partner – China – and transform it into a belligerent proxy against Beijing on Washington’s behalf.

References:

Anti-China Protests in Thailand: Who is Behind them & Why? Searching for Asia’s “Zelensky” (Odysee) via The New Atlas

Previously:

Thailand: US-backed Opposition’s Violence Intimidates Critics, Paves Way for Regime Change

The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell

Just two business days after the crypto exchange FTX filed for bankruptcy and headlines swirled around the world suggesting it had used its crypto token to perpetuate a massive fraud reminiscent of Madoff’s Ponzi scheme, the New York Fed thought this would be an ideal time to announce it was launching a digital token pilot with the serial fraudster, Citigroup. (See here for the unintelligible, jargonized version from the New York Fed; here for the decrypted translation from CoinDesk; and here for a sampling of Citigroup’s rap sheet.)

The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell

This Is Where Bankrupt FTX’s Money Went: $74 Million for Caribbean Real Estate; $59 Million to Politicians; Tens of Millions to Big Law, Celebrity Endorsements…

This Is Where Bankrupt FTX’s Money Went: $74 Million for Caribbean Real Estate; $59 Million to Politicians; Tens of Millions to Big Law, Celebrity Endorsements…

According to data at the Federal Election Commission, Bankman-Fried sluiced $36 million on the campaign coffers of Democrats during the latest campaign cycle. Ryan Salame, the Co-CEO of FTX Digital Markets, the Bahamian subsidiary of FTX, dumped $23 million into the campaign coffers of Republicans and a Super PAC he created to support them, American Dream Federal Action.

S.4760 was introduced by a Democrat and has both Democratic and Republican cosponsors. S.4356 was introduced by a Republican and has one Democratic cosponsor. FTX Digital Markets’ (Bahamian subsidiary of FTX) Co-CEO donated to Republicans, but all we’re hearing about is Sam Bankman-Fried’s donations to Democrats.

Screenshot from OpenSecrets
Screenshot from Ecosia search results