Robert Reich

Berkeley professor, former Secretary of Labor. Co-founder, @InequalityMedia. Preorder my new book below:

[Robert Reich @RBReich]

Zohran Mamdani has appointed former FTC Chair @linamkhan to lead New York City's top economic development agency.

Her understanding of how corporate power undermines economic freedom, which she examines in the video below, make her a perfect fit. Watch.

[Robert Reich @RBReich]

Market concentration —> more pricing power —> higher profits —> more spending on lobbying and campaign donations —> more deregulation

See the danger of monopolization?

[Farm Action @FarmActionUS]

The FDA is still searching for answers in the Cyclospora outbreak.

Taylor Farms remains at the center of the investigation.

But this outbreak also exposed a much bigger problem.

How is it possible that products sold everywhere from Whole Foods to Taco Bell can end up flowing through the same handful of suppliers?

Because our produce system has become dominated by massive grower-shipper-packers (GSPs).

Today, just four companies control 54% of the fresh-cut salad market.

And it’s not just salad.

Driscoll’s controls roughly 90% of the fresh raspberry market.

Just two companies control about 60% of the carrot market.

Those are just two examples. 

From produce to meat to groceries, nearly every part of our food system has become controlled by fewer and fewer companies.

Farm Action hopes everyone impacted by this outbreak makes a full and speedy recovery.

But this outbreak also put a spotlight on something we cannot ignore.

When fewer companies control more of America’s food supply, a single food safety failure has the potential to affect millions of Americans.

[Robert Reich @RBReich]

Trump has a new scheme to line his pockets — selling early access to his market moving Truth Social posts.

It's his most brazen way to illegally profit off his presidency and enrich his Wall Street friends.

Some thoughts...

https://t.co/0V3yY77yF9

[Robert Reich @RBReich]

Back when I was a young man, CEOs made about 20 times the salary of their employees.

Today a typical CEO makes over 280 times more.

Here's what we can do about it.

[Robert Reich @RBReich]

Most Americans have turned against ICE and against Trump’s war in Iran.

So why is the Trump regime's violence growing both at home and abroad?

This is a question I've been pondering. Some thoughts... https://t.co/qNSHF3K3QC

[Robert Reich @RBReich]

The Dodd-Frank Act was signed into law 16 years ago today.

Though it included some key reforms, it failed to include the most important way to prevent future crashes: reinstate the Glass-Stegall Act and separate Wall Street from Main Street.

[Robert Reich @RBReich]

State attorneys general have sued over the merger between Paramount and Warner Bros, which is now temporarily paused.

But new reporting from ProPublica found that FCC officials have been accepting gifts from Paramount while making decisions favorable to the corporation.

Hello?

[Robert Reich @RBReich]

Trump just invoked an arcane legal provision to levy even more tariffs on Canadian imports.

Let me remind you: he still owes us all a refund from his last round of illegal tariffs.

[Robert Reich @RBReich]

"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed."

-Dwight D. Eisenhower, 1953

[Robert Reich @RBReich]

Since Trump's inauguration, defense tech companies linked to his sons have generated over $3.2B in direct government business and $3.1B in future contract options.

Call this what it is: corruption.

[Robert Reich @RBReich]

Private prison corporations donate to Trump's campaign & inauguration.

In return they receive huge government contracts to run detention centers.

Their bottom lines get a major boost while Trump's brokers simultaneously buy their stock.

It's a cruel and vicious cycle.

[Citizens for Ethics @CREWcrew]

NEW: President Trump’s brokers have made 29 trades of private prison stocks since he returned to office.

The trades total between $281,029 and $990,000, split between two companies that have benefited massively from Trump administration policy: GEO Group and CoreCivic.

[Robert Reich @RBReich]

Trump on Monday signed orders to impose a 50 percent tariff on a wide range of Canadian imports.

I believe I can speak for most Americans when I apologize to our Canadian friends. We’re sorry we elected this clown. https://t.co/0zuCvhqaSG

[Robert Reich @RBReich]

Google co-founder Sergey Brin is leading a coalition of billionaires who plan to spend $87M+ on ads attacking California's proposed wealth tax.

He's accidentally making the case for the billionaire tax better than anyone else could!

[Robert Reich @RBReich]

Trump’s war with Iran has resumed (it never really stopped). What will he do now?

I’ve made the rounds of the foreign policy advisers and experts I know to gather their thoughts. Here's what they said. https://t.co/k3vb0MSm2A

[Robert Reich @RBReich]

AIPAC and other outside groups have spent nearly $50 million in support of Haley Stevens in the Michigan Senate primary.

They're among the biggest dark money spenders this year. Watch.

[Robert Reich @RBReich]

.@RepJayapal, @RepDeluzio & @RepPatRyanNY have a new bill to break up meat processing monopolies.

Right now, 4 corporations control 80% of the market, allowing them to squeeze customers and farmers alike.

Minimal competition means maximal price gouging.

[Robert Reich @RBReich]

Nonexistent voter fraud isn't what's undermining the integrity of our elections.

Citizens United and Super PACs are.

[Robert Reich @RBReich]

There’s been a lot of discussion this past week about the meaning of integrity.

Is it possible to be loyal to Trump and preserve one's integrity? https://t.co/gNcMeI0wPu

[Robert Reich @RBReich]

Just 10 billionaires have already poured over $600 MILLION into this year's midterms.

In the entire 2008 presidential cycle, the last election before Citizens United, total billionaire spending was $16 million.

But two states have a plan to take on Big Money. Watch.

[Robert Reich @RBReich]

The grasshopper gets it — divide and conquer. Today's oligarchs use the same playbook. But together, we have all the power.

Watch.