REOPENING SMALL BUSINESSES IS JUST A PYRAMID SCHEME FOR THE RICH

by Eddie Kim  The government put us in this position by failing to prepare and provide aid. Now they want small businesses and workers to carry the load of the recovery? The money disappeared before my parents ever had a chance. Turns out, $350 billion isn’t much under the weight of a COVID-19 pandemic that’s reshaping the American economy. My dad laughs as he tells me their little Italian restaurant in a Hawaii suburb, a 40-minute drive from downtown Honolulu, feels like a metaphoric dinghy in a storm.  We don’t know what to do with the news that Congress is set to … Continue reading REOPENING SMALL BUSINESSES IS JUST A PYRAMID SCHEME FOR THE RICH

Why the mafia are taking care of everyone’s business

Organised crime is already giving food parcels to the poor in Italy and Mexico. For the cartels and syndicates, this crisis is an opportunity by Roberto Saviano Pestilence presents a moment of great opportunity for many businesses. Consider the speed at which contracts are put out to tender to meet extraordinary needs. Consider the ability to move goods and money without all the normal checks or legal and bureaucratic protocols. Plague is a boon for the commercial class. The art of profit is based on exploiting need, and no one has perfected that dark art better than organised crime. The Covid-19 … Continue reading Why the mafia are taking care of everyone’s business

When will we begin to take child sex trafficking more seriously?

Photo by Robert Nickelsberg/Getty Images Regan Williams, co-founder of Seen and Heard, wants adults to listen to children. by  Derek Beres Regan Williams, CEO of Seen and Heard, is on a mission to help foster youth develop necessary social and career skills through the performing arts. Williams says 300,000 American children are commercially trafficked every year. Children in our society are ignored except when they’re famous or sexualized, which is part of the reason sexual abuse is not covered. Between Jeffrey Epstein and George Nader, there’s been a lot of talk about child sex trafficking and child pornography in the … Continue reading When will we begin to take child sex trafficking more seriously?

Conspiracy Theories Erupt After Jeffrey Epstein’s Death

Photo Illustration by Elizabeth Brockway/The Daily Beast The hashtags were out in force Saturday morning, running well ahead of the facts. by  Kelly Weill This story has been updated. Moments after billionaire pedophile Jeffrey Epstein was announced dead in what law enforcement sources described as an apparent suicide in his New York City jail cell, conspiracy theories about his death erupted. Epstein, 66, was being held on child sex-trafficking charges for his role in allegedly procuring underage girls for wealthy men. He had been on suicide watch in the federal Metropolitan Correctional Center in Manhattan after a previous suicide attempt last month, … Continue reading Conspiracy Theories Erupt After Jeffrey Epstein’s Death

THE PERFECT IRONY THAT ‘THE WOLF OF WALL STREET’ FILM WAS ALSO A REAL-LIFE SCAM

How Leo got caught up in a money-laundering scheme that screwed the Malaysian people out of billions by Zaron Burnett III It’s April 2013 in New York. Ensconced in a Chelsea studio bubbling with celebrities and champagne, an international man of mystery records his vanity music project. The ballad the 30-year-old sings is called “Void of a Legend.” The man calls himself Jho Low. At one point in his recording session, rapper Busta Rhymes and super-producer Pharrell Williams show up. Low shouts at Busta, “Yo! I own you! You’re my bitch!” The Malaysian financial wunderkind is drunkenly referring to the … Continue reading THE PERFECT IRONY THAT ‘THE WOLF OF WALL STREET’ FILM WAS ALSO A REAL-LIFE SCAM

Inside the Minds of Cartel Hitmen: Hannibal Lecters for Hire

Photo Illustration by Elizabeth Brockway/The Daily Beast A groundbreaking new study seeks to profile the behavior patterns of cartel assassins in Mexico, offering a rare glimpse into their strange and tortured psyches. by Jeremy Kryt PANAMA CITY, Panama—One of the things that shocked me the first time I talked with an active cartel member in Mexico was hearing how much he loved his work. But as time went on, and I interviewed others like him, I came to see that my initial surprise derived from my own naiveté. In fact, almost every time I’ve spoken to a sicario, as the cartel assassins are called, or … Continue reading Inside the Minds of Cartel Hitmen: Hannibal Lecters for Hire

The big squeeze

Lemon vendors in Palermo, Sicily, in 1943. Photo by J R Eyerman/LIFE Picture Collection/Getty Sicily’s mafia sprang from the growing global market for lemons – a tale with sour parallels for consumers today by Ola Olsson is professor of economics at the University of Gothenburg in Sweden. He is the author of Essentials of Advanced Macroeconomic Theory (2012), and his new book Prehistorical Economics: From African Origins to Civilization is due out in 2019. Edited by Sally Davies The Sicilian mafia is probably the most famous criminal organisation in the world. It’s been known to exist at least since the 1870s, when a Sicilian landlord documented how … Continue reading The big squeeze