COVID Corruption Media Articles

Excerpts of Key COVID Corruption Media Articles in Major Media

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Comparing the severity of various lockdown measures across Europe is complicated, with many factors at play. However, it is safe to say they have varied greatly. In France, citizens had to print out certificates before stepping foot outside, whereas in Sweden, everyday life appears to have carried on relatively unchanged. When we look at the number of Covid deaths per capita in these countries ... France and Sweden are almost neck-and-neck [see graph]. And Spain's draconian measures didn't save it from recording far more fatalities than Austria, where the lockdown was comparatively relaxed. The health effects of these lockdowns will most likely exceed the death rate of a virus. In Spain, the economic consequences of the 2008 banking crisis contributed to the 40,000 deaths in excess of the five years prior. Covid-19 has already led that country into an economic state worse than that of their collapse in the mid-17th century. 50 percent of all Covid deaths across Europe have been within care homes. The budget for those in the UK is Ł16 billion. Meanwhile, the hospitality industry, which has been effectively shut down, is the fourth biggest employer in the UK ... as well as generating over Ł73bn of Gross Value Added directly to the UK economy, and a further Ł87bn indirectly. So perhaps, say, tripling the budget for care homes to make them Covid-secure would have been a better way of spending some of the eye-watering Ł400 billion ... since last April to facilitate lockdowns.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

A little more than a third of nursing home workers have been getting COVID-19 vaccines when the shots are first offered, U.S. health officials said Monday. The Centers for Disease Control and Prevention gave a national accounting of a problem that's been reported anecdotally – many nursing home workers are not getting the shots. The CDC looked at more than 11,000 nursing homes and skilled nursing facilities that had at least one vaccination clinic between the middle of December and the middle of January. The researchers found that while 78% of residents got at least one shot, only 37.5% of staff members did. Data previously showed that people who work in nursing homes and long-term care facilities get flu vaccines at lower rates than other health-care workers. Surveys suggest that long-term care workers are skeptical the shots work and don't think viruses spread easily from them to the people they care for. The CDC released a second report Monday that offered a larger national look at who has been getting the vaccine. The CDC study found that of the people who got at least one shot between mid-December and mid-January, 63% were women, and 55% were age 50 or older.

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.

Over the weekend, protests against Covid-19 lockdowns rocked the Netherlands, Denmark and Spain, just as several European governments began the new year by stepping up restrictions on movement amid concerns over more contagious variants of the coronavirus. On Saturday, Netherlands began its first nighttime curfew of the pandemic, said to be the country's first since World War II. Saturday evening, protesters set afire a Covid-19 testing centre. Protests rocked capital Madrid on Saturday as 1,300 gathered at the city center, leading police to fine 216 people with penalties of up to 700 euros. Carnegie Endowment for International Peace experts Thomas Carothers and Benjamin Press have categorized the anti-lockdown protests seen in several parts of the world in recent months into three types. The first are libertarian "pro-citizen" movements ... where participants have taken issue with governments restricting their personal freedoms. These attract large crowds– an example being the August 29 protest in Germany, when 38,000 protested in front of the national parliament in Berlin. The second type is seen taking place in developing economies with large informal sectors, where agitators target the impact of lockdowns on their livelihoods. Such protests were seen in Mexico, South Africa and Belgium. The third kind of protests are those objecting to how the lockdown restrictions are being enforced, accusing authorities of acting arbitrarily or of using excessive force.

Note: Why are virtually no major media in the US reporting on these large demonstrations against the lockdowns? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

The end of 2020 brought the sharpest rise in the U.S. poverty rate since the 1960s, according to a new study. Economists Bruce Meyer from the University of Chicago and James Sullivan of the University of Notre Dame found that the poverty rate increased by 2.4 percentage points during the latter half of 2020 as the U.S. continued to suffer the economic impacts of COVID-19. That percentage-point rise is nearly double the largest annual increase in poverty since the 1960s. This means an additional 8 million people nationwide are now considered poor. Moreover, the poverty rate for Black Americans is estimated to have jumped by 5.4 percentage points, or by 2.4 million individuals. The scholars' findings, released Monday, put the rate at 11.8% in December. While poverty is down from readings of more than 15% a decade earlier, the new estimates suggest that the annual Census Bureau tally due in September will be higher than the last official, pre-pandemic level of 10.5% in 2019. Black Americans were more than twice as likely to be poor than their white counterparts in December – an improvement from the summer months when they were nearly three times more apt to live in poverty – but an increase from before the pandemic, when the differential was under two. Despite improvements in the overall poverty rate since the middle of the 20th century, Black Americans had been about three times as likely to be poor as white Americans for most of the past 60 years.

Note: Meanwhile, as the Washington Post reported on Jan. 1, 2021, "billionaires as a class have added about $1 trillion to their total net worth since the pandemic began." The CDC also reports overdose deaths hit a record high last year. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.

The pandemic has worsened income inequality, with the world's richest people regaining their losses from COVID-19 shutdowns in nine months while the number of people living in poverty has doubled to more than 500 million, according to a new report from the anti-poverty group Oxfam. Almost 9% of total working hours were lost last year when compared with the levels of employment at the end of 2019, before the pandemic shuttered the economy, according to a separate report from the International Labour Organization (ILO), a United Nations agency. That's the equivalent of 255 million full-time jobs lost across the globe, or about four times greater than the impact from the Great Recession of 2009. The world's poorest could take a decade to regain their financial footing. Oxfam describes the pandemic's impact as "the greatest rise in inequality since records began." The International Labour Organization said the crisis has been the most severe on work since the Great Depression in the 1930s. "Its impact is far greater than that of the global financial crisis of 2009," said ILO Director-General Guy Ryder. America's richest people have seen their wealth soar during the pandemic by more than $1 trillion, thanks to a booming stock market and a K-shaped recovery that has benefited the rich, while poorer people have struggled with lost wages and jobs and future opportunities. It's a rich vs. poor phenomenon that is replicating across the globe.

Note: The media continue to blame the pandemic for these dire consequences when it is clearly not the virus, but the lockdown policies that are the main reason for this huge increase in poverty and income inequality. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.

The economic blow from Covid-19 has cost workers around the world $3.7tn (Ł2.7tn) in lost earnings, after the pandemic wiped out four times the number of working hours lost in the 2008 financial crisis. The International Labour Organization (ILO) said women and younger workers had borne the brunt of job losses and reductions in hours, and warned that people in sectors hardest hit by the crisis – such as hospitality and retail – risked being left behind when the economy recovered. Sounding the alarm that entrenched levels of inequality risked becoming a defining feature of the economic rebound from Covid-19, the Geneva-based agency said that governments around the world needed to take urgent action to support those at the heart of the storm. In its annual analysis of the global jobs market, it said 8.8% of working hours were lost in 2020 relative to the end of 2019, equivalent to 255m full-time jobs. This is approximately four times bigger than the toll on workers as a consequence of the 2008-2009 financial crisis. These "massive losses" resulted in an 8.3% decline in global labour income, before government support measures are included, according to the ILO, equivalent to $3.7tn in earnings – about 4.4% of global GDP. Women have been more affected than men by the disruption to the jobs market, with female workers more likely to drop out of work altogether. Younger workers have also been particularly hard hit, either losing jobs, dropping out of the labour force or delaying the search for a first job.

Note: In the meantime, MSN reports that billionaires made $3.9 trillion during the pandemic. Is this the kind of wealth transfer that supports humanity? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Dr. Anthony Fauci made $417,608 in 2019, the latest year for which federal salaries are available. That made him not only the highest paid doctor in the federal government, but the highest paid out of all four million federal employees. In fact, Dr. Fauci even made more than the $400,000 salary of the President of the United States. All salary data was collected by OpenTheBooks.com via Freedom of Information Act requests. Only federal employees whose salaries were funded by taxpayers were included in the study. In a ten-year period between 2010 and 2019, Fauci made $3.6 million in salary. Dr. Fauci became the early face of the White House Coronavirus Task Force, appearing daily, often in a live broadcast, to update the nation on the emerging COVID-19 disease. In March 2020, he convinced President Donald Trump on the 15-day lockdown policy to try and flatten the curve, and reportedly advocated on March 29, 2020, for extending the policy beyond its initial 15 days. Vice President Mike Pence, who chaired the Taskforce, might have outranked Dr. Fauci in authority, but the VP's $235,100 salary in 2019, was less than the well-paid NIH director with whom he shared the stage. Their Taskforce colleague Dr. Deborah Birx earned $305,972 in 2019, also less than Dr. Fauci's salary. In comparison to Dr. Fauci: Speaker Nancy Pelosi will earn $223,500 this year. U.S. Supreme Court Chief Justice John Roberts will make $270,700.

Note: How did this man get to be paid more than the U.S. president? For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

The reminders of pandemic-driven suffering among students in Clark County, Nev., have come in droves. Since schools shut their doors in March, an early-warning system that monitors students' mental health episodes has sent more than 3,100 alerts to district officials, raising alarms about suicidal thoughts, possible self-harm or cries for care. By December, 18 students had taken their own lives. The spate of student suicides in and around Las Vegas has pushed the Clark County district, the nation's fifth largest, toward bringing students back as quickly as possible. This month, the school board gave the green light to phase in the return of some elementary school grades and groups of struggling students. Over the summer ... Dr. Robert R. Redfield, then the C.D.C. director, warned that a rise in adolescent suicides would be one of the "substantial public health negative consequences" of school closings. Mental health advocacy groups warned that the student demographics at the most risk for mental health declines before the pandemic – such as Black children and L.G.B.T.Q. students – were among those most marginalized by the school closures. But given the politically charged atmosphere this summer, many of those warnings were dismissed as scare tactics. Parents of students who have taken their lives say connecting suicide to school closings became almost taboo.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

U.S. intelligence reports ... suggest the Chinese People's Liberation Army was conducting secret animal research with highly contagious viruses at the Wuhan Institute of Virology, without notifying the World Health Organization even after the pandemic began. [This raises] new questions about the possible laboratory origins of COVID-19 that must be addressed. If sloppy biolab security or reckless military experimentation followed by a coverup were the proximate cause, we need to prioritize developing rules and safeguards to make a global pandemic less likely to happen again. If the origins are revealed to be more innocent - a virus jumping naturally from mammals to humans - we will need to prioritize monitoring and containing future zoonotic outbreaks. But while evidence of a zoonotic jump in the wild, or at a market, or farm has been starkly absent, the case that COVID-19 might have reached humans through an accidental leak from the Wuhan Institute of Virology seems like an ever-greater possibility. We know that many viruses at the Institute were manipulated using "gain of function" research to develop hybrid viruses to test their ability to infect human lung cells and humanized mice. Is it just coincidental that SARS-CoV-2 appears to have emerged in late 2019 already adapted for transmission to humans and that the COVID-19 outbreak occurred ... in the only Chinese city with a high-level virology institute that was experimenting with novel and diverse bat coronaviruses?

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and government corruption from reliable major media sources.

Health authorities in Norway sought to allay safety concerns raised by the death of some elderly patients after they were vaccinated against Covid-19, saying there's no evidence of a direct link. The initial reports from Norway raised alarm as the world looks for early signs of potential side effects from the vaccines. Although doctors say it's possible that vaccine side-effects could aggravate underlying illnesses, they were expecting nursing-home residents to die shortly after being vaccinated because deaths are more common among the frailest and sickest elderly patients. In Norway, 33 people aged 75 and over died following immunization, according to the [Norwegian Medicines Agency]'s latest figures. All were already seriously ill, it said. The Scandinavian country has already inoculated almost all of its nursing home population, with more than 48,000 people vaccinated. The reported fatalities are well under 1 out of 1,000 nursing-home patients to be vaccinated, [Steinar Madsen, medical director at the Norwegian Medicines Agency] said. The side effects of immunization can, in some cases, "tip the patients into a more serious course of the underlying disease," Madsen said. "We can't rule that out." Other countries, including Germany and Israel, have also reported deaths in people who recently were vaccinated. Until Friday, Norway had only used the vaccine provided by Pfizer Inc. and BioNTech SE. The companies are now working with the Nordic country to look into the deaths.

Note: For more details on these and other deaths from the vaccines, see this webpage. Are all these deaths shortly after vaccination simply coincidence? Read about many problems with these vaccines based on reports from reliable sources. For more, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources. Then explore the excellent, reliable resources provided in our Coronavirus Information Center.

On Jan 13, Dr Yvonne Doyle, the medical director at Public Health England (PHE) issued an alarming statement claiming that Britain had reported the highest number of coronavirus deaths on a single day since the pandemic began. She also alleged that there have now been more deaths in the second wave than the first. Dig a little deeper and the narrative that the second wave is more deadly than the first begins to unravel. According to the Continuous Mortality Investigation (CMI) ... there were 72,900 excess deaths from the start of the pandemic in March to the end of December. Some 60,800 of those occurred in the first wave, but just 12,100 in the second. In a bad winter flu season, around 22,000 excess deaths would be expected. It means that, unlike the first wave, many people included in the coronavirus death figures would have been expected to die of other causes in the past few months. The mortality rate in December 2020 was 1,339.8 deaths per 100,000 males, compared with 1,674.7 in December 2003, and 950.4 deaths per 100,000 females, compared with 1,217.4 in December 2003. The ONS estimates that there were 50,882 more deaths in England in 2020, and 71,110 were due to coronavirus. This means that at least 20,000 people who died from coronavirus last year would have been likely to have died from something else. The figure is likely to be higher because many more people have died from the impact of lockdown.

Note: For more, see this article. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

In the first week of January, scientists representing the World Health Organization (WHO) were due to arrive in China to trace the origins of Covid-19. Beijing denied entry to the investigators. China ... relented and allowed the group to enter the country this week. The brief standoff highlights a more serious problem: the inadequacy of WHO's current investigative framework for exploring all plausible origins of Covid-19. The world needs an inquiry that considers not just natural origins but the possibility that SARS-CoV-2, the virus that causes Covid-19, escaped from a laboratory. The WHO team, however, plans to build on reports by Chinese scientists rather than mount an independent investigation. Responding to whether the WHO team will investigate lab origins, Dr. Peter Ben Embarek, the leader of the team, told us, "If our studies point to a possible lab accident, then other international mechanisms would be involved to document such an event. It would take time and additional types of expertise." Then-deputy U.S. national security adviser Matthew Pottinger told international leaders late last year that the latest intelligence points to SARS-CoV-2 having originated from the Wuhan Institute of Virology (WIV). This intelligence has not been made public. China has denied that the virus came from a lab.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and government corruption from reliable major media sources.

A study evaluating COVID-19 responses around the world found that mandatory lockdown orders early in the pandemic may not provide significantly more benefits to slowing the spread of the disease than other voluntary measures, such as social distancing or travel reduction. The peer reviewed study was published in the European Journal of Clinical Investigation on January 5, and analyzed coronavirus case growth in 10 countries in early 2020. The study compared cases in England, France, Germany, Iran, Italy, Netherlands, Spain and the U.S. – all countries that implemented mandatory lockdown orders and business closures – to South Korea and Sweden, which instituted less severe, voluntary responses. The researchers used a mathematical model to compare countries that did and did not enact more restrictive lockdown orders, and determined that there was "no clear, significant beneficial effect of [more restrictive measures] on case growth in any country." "We do not question the role of all public health interventions, or of coordinated communications about the epidemic, but we fail to find an additional benefit of stay-at-home orders and business closures," the research said. Mandatory lockdown orders have also been a highly politicized issue across the U.S. Some Republican leaders ... have vehemently opposed state or nationwide closures. In Democratic states, including New York and California, lockdown orders have been a consistent part of the coronavirus response.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Health authorities are investigating the case of a Florida doctor who died from an unusually severe blood disorder 16 days after receiving the Pfizer coronavirus vaccine. Dr. Gregory Michael, a 56-year-old obstetrician and gynecologist in Miami Beach, received the vaccine at Mount Sinai Medical Center on Dec. 18 and died 16 days later from a brain hemorrhage, his wife, Heidi Neckelmann, wrote. Shortly after receiving the vaccine, Dr. Michael developed an extremely serious form of a condition known as acute immune thrombocytopenia, which prevented his blood from clotting properly. About nine million people in the United States have received at least one shot of either the Pfizer or Moderna coronavirus vaccine, the two authorized in the United States. So far, serious problems reported were 29 cases of anaphylaxis, a severe allergic reaction. Dr. Jerry L. Spivak, an expert on blood disorders at Johns Hopkins University, who was not involved in Dr. Michael's care, said that based on Ms. Neckelmann's description, "I think it is a medical certainty that the vaccine was related." "This is going to be very rare," said Dr. Spivak, an emeritus professor of medicine. But he added, "It happened and it could happen again." Dr. Paul Offit, an expert in vaccines and infectious diseases ... said that the measles vaccine and measles itself have been known to cause this same clotting problem, but it is usually transient and not serious. It occurs in about one of every 25,000 measles shots

Note: The supposed experts are claiming the numerous deaths of people within hours to weeks after the vaccine are just coincidental. This article examines these deaths and raises many questions. And why are so few of these being reported? Read about many problems with these vaccines based on reports from reliable sources. For more, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources. Then explore the excellent, reliable resources provided in our Coronavirus Information Center.

In March, as coronavirus deaths in the UK began to mount, two hospitals in northeast England began taking vitamin D readings from patients and prescribing them with extremely high doses of the nutrient. Studies had suggested that having sufficient levels of vitamin D, which is created in the skin's lower layers through the absorption of sunlight, plays a central role in immune and metabolic function and reduces the risk of certain community-acquired respiratory illnesses. But the conclusions were disputed, and no official guidance existed. A French experimental study at a nursing home with 66 people suggested that taking regular vitamin D supplements was "associated with less severe Covid-19 and a better survival rate". A study of 200 people in South Korea suggested that vitamin D deficiency could "decrease the immune defences against Covid-19". Preliminary research by Queen Elizabeth Hospital foundation trust and the University of East Anglia found a correlation between European countries with low vitamin D levels and coronavirus infection rates. A Spanish study ... came close to incontrovertibly proving low vitamin D levels have a pivotal role in causing increased death rates. 50 patients with Covid-19 were given a high dose of vitamin D, while another 26 patients did not receive the nutrient. Half of patients who weren't given vitamin D had to be placed in intensive care, and two later died. Only one patient who received vitamin D required ICU admission, and they were later released.

Note: Because Vitamin D is cheap and does not benefit big Pharma, which is the biggest sponsor of the media, this effective treatment which could have saved many thousands of lives has gotten very little press. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

When President Donald Trump signed the $2.3 trillion coronavirus relief and government funding bill into law in December, so began the 180-day countdown for US intelligence agencies to tell Congress what they know about UFOs. The director of National Intelligence and the secretary of defense have a little less than six months now to provide the congressional intelligence and armed services committees with an unclassified report about "unidentified aerial phenomena." It's a stipulation that was tucked into the "committee comment" section of the Intelligence Authorization Act for Fiscal Year 2021, which was contained in the massive spending bill. That report must contain detailed analyses of UFO data and intelligence collected by the Office of Naval Intelligence, the Unidentified Aerial Phenomena Task Force and the FBI, according to the Senate intelligence committee's directive. It should also describe in detail "an interagency process for ensuring timely data collection and centralized analysis of all unidentified aerial phenomena reporting for the Federal Government" and designate an official responsible for that process. Finally, the report should identify any potential national security threats posed by UFOs and assess whether any of the nation's adversaries could be behind such activity, the committee said. The submitted report should be unclassified, the committee said, though it can contain a classified annex.

Note: For more along these lines, see concise summaries of deeply revealing news articles on UFOs from reliable major media sources.

There are a few reasons why I supported lockdowns at first. Initial data falsely suggested that the infection fatality rate was up to 2-3%, that over 80% of the population would be infected, and modelling suggested repeated lockdowns would be necessary. But emerging data showed that the median infection fatality rate is 0.23%, that the median infection fatality rate in people under 70 years old is 0.05%. In addition, it is likely that in most situations only 20-40% of the population would be infected before ongoing transmission is limited (i.e., herd-immunity). Emerging data has shown a staggering amount of so-called â₏˜collateral damage' due to the lockdowns. This can be predicted to adversely affect many millions of people globally with food insecurity [82-132 million more people], severe poverty [70 million more people], school closures for children [affecting children's future earning potential and lifespan], and intimate partner violence for millions of women. In high-income countries adverse effects also occur from delayed and interrupted healthcare, unemployment, loneliness, deteriorating mental health ... and more. A formal cost-benefit analysis of different responses to the pandemic was not done by government. Once I became more informed, I realized that lockdowns cause far more harm than they prevent. The costs of lockdowns are at least 10 times higher than the benefits. Lockdowns cause far more harm to population wellbeing than COVID-19 can.

Note: The above was written by Dr. Ari Joffe, a specialist in pediatric infectious diseases at the Stollery Children's Hospital in Edmonton. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

At the end of 2020, Chicago police reported more than 750 murders, a jump of more than 50% compared with 2019. By mid-December, Los Angeles saw a 30% increase over the previous year with 322 homicides. There were 437 homicides in New York City by Dec. 20, nearly 40% more than the previous year. New Orleans-based data consultant Jeff Asher studied crime rates in more than 50 cities and says the crime spikes aren't just happening in big cities. With the numbers of homicides spiking in many places, Asher expects the final statistics for 2020 to tell a startlingly grim story. "We're going to see, historically, the largest one-year rise in murder that we've ever seen," he says. Asher says it has been more than a half-century since the country saw a year-to-year murder rate that jumped nearly 13%. "We have good data that the rise in murder picked up in the early stages of the summer," Asher says, "and we also have good data that the rise of murder picked up again in September and October as some of the financial assistance started to wear off." Chicago minister the Rev. Marshall Hatch Sr. says the spike in violence is sadly not surprising. His church is located in a west side Chicago neighborhood hard hit by both poverty and the pandemic. "COVID has had a disproportionate impact and people are increasingly desperate," Hatch says. "And people, because of the concentration of poverty, tend to turn on each other."

Note: It is not the pandemic which is causing these homicides. It is the lockdown measures that are negatively impacting the emotional and spiritual lives of billions of people around the globe. The CDC also reports overdose deaths hit a record high last year. And poverty had the sharpest rise in 50 years. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.

Government figures show the proportion of children who arrived in emergency departments with mental health issues increased 24% from mid-March through mid-October, compared with the same period in 2019. Among preteens and adolescents, it rose by 31%. Anecdotally, some hospitals said they are seeing more cases of severe depression and suicidal thoughts among children, particularly attempts to overdose. The increased demand for intensive mental health care that has accompanied the pandemic has worsened issues that have long plagued the system. In some hospitals, the number of children unable to immediately get a bed in the psychiatric unit rose. Others reduced the number of beds or closed psychiatric units altogether to reduce the spread of COVID-19. "It's only a matter of time before a tsunami sort of reaches the shore of our service system, and it's going to be overwhelmed," said Jason Williams ... at Children's Hospital Colorado. Children's hospitals in New York, Colorado and Missouri all reported an uptick in the number of patients who thought about or attempted suicide. Clinicians also mentioned spikes in children with severe depression and those with autism who are acting out.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

The pandemic has forced untold hardships onto many Americans, with tens of millions of families now reporting that they don't have enough to eat and millions more out of work on account of layoffs and lockdowns. America's wealthiest, on the other hand, had a very different kind of year: Billionaires as a class have added about $1 trillion to their total net worth since the pandemic began. And roughly one-fifth of that haul flowed into the pockets of just two men: Jeff Bezos, chief executive of Amazon (and owner of The Washington Post), and Elon Musk of Tesla and SpaceX fame. Musk has quintupled his net worth since January, according to estimates put together by Bloomberg, adding $132 billion to his wealth and vaulting him to the No. 2 spot among the world's richest with a fortune of about $159 billion. Bezos's wealth has grown by roughly $70 billion over the same period, putting his net worth estimate at roughly $186 billion as the year came to an end. Such a rapid accumulation of individual wealth hasn't happened in the United States since the time of the Rockefellers and Carnegies a century ago, and we as a society are only just beginning to grapple with the ethical implications. What does it mean, for instance, that two men amassed enough wealth this year to end all hunger in America (with a price tag of $25 billion) eight times over? Or that the $200 billion accumulated by Bezos and Musk is greater than the amount of coronavirus relief allocated to state and local governments in the Cares Act?

Note: The new richest man in Asia reached his position partially through making vaccines for the coronavirus. For more along these lines, see concise summaries of deeply revealing news articles on income inequality from reliable major media sources.

Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.