OT Unregulated capitalism killing the American Dream

[Road Ratt]

Nancy Pelosi's Insider Trading Inspires TikTokers' Stock Purchases.

 

[Road Ratt]

The US has one of the highest levels of income inequality in the world. This country has the lowest.

https://www.msn.com/en-us/money/new...s-the-lowest/ss-AATQhXD?ocid=hponeservicefeed

 

[Phatguysrule]

The US has one of the highest levels of income inequality in the world. This country has the lowest.

https://www.msn.com/en-us/money/new...s-the-lowest/ss-AATQhXD?ocid=hponeservicefeed

And this is why we have among the highest violent crime rates of all wealthy countries...

 

[MickZagger]

Gotta keep those shareholder’s happy.

 

[Road Ratt]

Domino's spent $50.4 million (and counting) on TV ads to brag about giving local businesses a total of $100,000

Corporate BS: Domino’s Paid $50 Million To Promote $100K Donation.

 

[Road Ratt]

Leaked Audio Exposes Amazon's Anti-Union Scare Tactics

"An Amazon anti-union official evidently warns of illegal retaliation—Amazon might try to cut pay to the minimum wage—if workers vote in favor of unionizing," one labor journalist remarked.

https://www.commondreams.org/news/2022/02/17/leaked-audio-exposes-amazons-anti-union-scare-tactics

 

[Road Ratt]

How Big Business is Trying to Rig Legal Weed Market.

 

[Hoopguru]

Bill Maher Attacks John Cena, LeBron James, Tom Cruise, Eileen Gu For Siding With Totalitarian China
15 hours ago

 

[Road Ratt]

Why the White House stopped telling the truth about inflation and corporate power.

https://www.msn.com/en-us/news/opin...ion-and-corporate-power/ar-AAU57Ko?li=BBnb7Kz

 

[barfo]

They’re raising prices because they can – and they can because they don’t face meaningful competition.
As the White House National Economic Council put it in a December report: “Businesses that face meaningful competition can’t do that, because they would lose business to a competitor that did not hike its margins.”

Starbucks is raising its prices to consumers, blaming the rising costs of supplies. But Starbucks is so profitable it could easily absorb these costs – it just reported a 31% increase in yearly profits. Why didn’t it just swallow the cost increases?

Ditto for McDonald’s and Chipotle, whose revenues have soared but who are nonetheless raising prices. And for Procter & Gamble, which continues to rake in record profits but is raising prices. Also for Amazon, Kroger, Costco and Target.

No disrespect to Robert Reich, but I think he's off base on his examples here. There are lots of coffee shops, restaurants, packaged goods, grocery stores, and department stores other than the ones listed here. The only one I think you can make an plausible antitrust case against is Amazon.

barfo

 

[Road Ratt]

This CEO Is Betraying His Fellow CEOs.

 

[SlyPokerDog]

 

[Road Ratt]

Biden's Real Challenge Is Not Russia or China, But Poverty in America

The average American continues to struggle against encroaching poverty, inflation, and lack of future prospects.

https://www.commondreams.org/views/...challenge-not-russia-or-china-poverty-america

Here are some sobering numbers: 56% of all Americans cannot produce a meager $1,000 as an emergency expense from their existing savings, CNBC reported; 1 in 10 US adults have gone hungry last December as a result of poverty, Forbes.com reported; Columbia University Center on Poverty and Social Policy revealed that child poverty rate in the US stands at 17%, "one of the highest among developed countries."

America is run by the most corrupt and cruel people, ever.

 

[Road Ratt]

Why Billionaire Philanthropy Won't Solve Anything.

 

[Road Ratt]

US Legalizing Child Labor To Deal With Labor Shortage.

 

[Road Ratt]

Delete Google Chrome Now!

 

[Road Ratt]

When Billionaires Don’t Pay Taxes, People “Lose Faith in Democracy”

In an interview, Senate Finance Chair Ron Wyden described the effect of the tax dodging revealed in “The Secret IRS Files” and argued that his stalled efforts to make the ultrawealthy pay what he calls “their fair share” could still bear fruit.

https://www.propublica.org/article/when-billionaires-dont-pay-taxes-people-lose-faith-in-democracy

 

[Road Ratt]

The Hidden Dangers of Legal Weed.



This was quite interesting.

 

[Road Ratt]

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax.

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.

https://www.propublica.org/article/...ds-reveal-how-the-wealthiest-avoid-income-tax

 

[Lanny]

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax.

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.

https://www.propublica.org/article/...ds-reveal-how-the-wealthiest-avoid-income-tax

At least Buffet admits it.

 

[Lanny]

That's one Billion. If you are worth $200 Billion then it's the same as paying an extra 50 cents. Now 50 cents means something to some people while a $1 Million means nothing to Bezos. The guy worth $100,000.00 has rent, utilities, medical bills etc. etc. which Bezos won't even miss from his bank account not matter how expensive champagne, real caviar, Rolls Royce and so on cost.
Thanks for the kick in the teeth, Trump.
This is important to me even though technically I am a multi Millionaire.

 

[Road Ratt]

Why Liberalism Won't Solve Anything

 

[Road Ratt]

Make no mistake, the fossil fuel industry is for profit, not the people.

https://www.msn.com/en-us/news/poli...r-profit-not-the-people/ar-AAUWNg5?li=BBnbcA1

 

[Road Ratt]

Sanders Vows 'Strong Solidarity' for Multi-State Amazon Worker Walkout.

"If Jeff Bezos can afford a $500 million yacht, a $23 million mansion with 25 bathrooms, and a rocket ship to blast a comedian to outer space, you know what?" said the U.S. senator. "Amazon can afford to give its employees a $3 raise."

https://www.commondreams.org/news/2...-solidarity-multi-state-amazon-worker-walkout

Here is someone who gives a shit about people. If only Biden gave as much of a shit, American workers might just stand a chance at getting better pay and working conditions.

 

[Road Ratt]

Bill Burr Destroys Corrupt Politicians for Gas Prices.

 

[Road Ratt]

How Safe Is the Chicken You’re Eating?

 

[SlyPokerDog]

 

[SlyPokerDog]

 

[Road Ratt]

The US has one of the highest levels of income inequality in the world—this country has the lowest.

https://www.msn.com/en-us/money/new...-country-has-the-lowest/ss-AAVeK1L?li=BBnb7Kz

 

[Road Ratt]

Jaw-Dropping': Wall Street Bonuses Have Soared 1,743% Since 1985.

A new analysis finds that if the federal minimum wage had increased at the same rate, it would currently be $61.75 an hour.

https://www.commondreams.org/news/2022/03/23/jaw-dropping-wall-street-bonuses-have-soared-1743-1985