@EarlOfEnough Of those four, it’s only Jimmy Carter who solidly and consistently spoke up for democracy. Sincerely.
Clinton and Obama sold out in office, made their $$, and keep their profiles low now which is particularly reprehensible, given the state of the falling of our democracy.
Corporations say they were forced to raise prices.
But profits have increased at a faster rate than costs.
CEOs exploited the panic of inflation to juice their margins.
Now average margins in nearly every sector in the S&P 500 are running near or above 10-year highs. Hello?
R.I.P.
Daniel Baker 21,
Justin Allen 23,
Brett Linley 29,
Matthew Weikert 29,
Justus Bartett 27,
Dave Santos 21,
Jesse Reed 26,
Matthew Johnson 21,
Zachary Fisher 24,
Brandon King 23,
Christopher Goeke 23,
Sheldon Tate 27....
All are Marines who gave their lives this week for you.
There's no media for them... not even a mention of their names. We’re too busy talking about trying to get “Baby It’s Cold Outside” off of the radio.
Please honor them by sharing this post.
May they rest in peace 🙏.
Kellogg's raised prices 14% from Q2 2022 to Q2 2023.
The company then reported better than expected profits and execs shared plans to spend more on stock buybacks and larger dividends.
News flash: Corporations have been using inflation as cover to squeeze more money out of you.
Budget Deficit (numbers in parentheses mean surplus)
Under Jimmy Carter
1977: $54B
1981: $79B
Change: +46.2963%
Under Ronald Reagan
1981: $79B
1989: $153B
Change: +93.6709%
Under George H.W. Bush
1989: $153B
1993: $255B
Change: +66.6667%
Under Bill Clinton
1993: $255B
2001: ($128B)
Change: -150.196%
Under George W. Bush
2001: ($128B)
2009: $1.413T
Change: +1,203.91%
Under Barack Obama
2009: $1.413T
2017: $665B
Change: -52.937%
Under Donald Trump
2017: $665B
2021: $3.132T
Change: +370.977%
Under Joe Biden (thus far)
2021: $3.132T
2023: $1.70T
Change: -45.7216%
Average Change
4 Democratic Presidents: -50.639575%
4 Republican Presidents: +433.80615%
https://t.co/vF5as4jz8v
#RepublicansAreTheProblem #VoteBlue
Once again: Workers are not driving inflation.
Corporate profits are still near record levels.
Meanwhile, wages are just now slowly outpacing inflation.
It’s time for the Fed to stop putting the blame on workers.
Walmart hiked prices on its “Great Value” food brands.
The company net income has spiked by 93% to $10.5+ billion in 9 months.
Walmart rewarded shareholders with $5.9 billion in buybacks and dividends.
Corporations are still using inflation as cover to price gouge you.
The NRA buys off Congress. No action on guns.
The oil industry buys off Congress. No action on climate.
Insurance companies buy off Congress. No action on health care.
The list goes on...
Money in politics is the root of our dysfunction.
Price of Januvia (diabetes drug):
🇺🇸 - $6,000
🇨🇦 - $900
🇫🇷 - $200
Merck 2022 profits: $14.5 billion
CEO compensation: $52.5 million
See the problem here?
Kellogg's raised prices 14% from Q2 2022 to Q2 2023.
The company then reported better than expected profits and execs shared plans to spend more on stock buybacks and larger dividends.
News flash: Corporations have been using inflation as cover to squeeze more money out of you.
When you cut taxes on the rich, the rich get richer and the gains don’t trickle down.
When you invest in the American people, the middle class expands and the economy grows.
It’s that simple.
American democracy is facing two threats:
One, from an increasingly authoritarian-fascist Republican party.
The second, from ever-larger amounts of corporate and billionaire money in our campaigns and elections.
We must be clear and courageous in our fight against both forces.
When a company like Amazon, worth over $1.5 trillion, owned by a man worth over $170 billion, gets fined just $7,000 after its unsafe working conditions led to the death of a 20-year-old worker, it's obvious that we must strengthen our woefully inadequate health and safety laws.
Never forget this: The forces undermining our democracy, polluting our planet, and stoking hatred are counting on you to give up. Cynicism is how they win.
The vicious cycle of monopolization:
1) Corporations argue that their growth is just part of the free market.
2) Use their monopoly power to gouge consumers.
3) Take a portion of their profits to make political donations.
4) Lobby against antitrust enforcement.
5) Repeat.
Smaller seats. Less legroom.
Out of control fees for in-flight meals, checked bags, or even carry-ons.
Charging us $25 to print a boarding pass!
Why does flying suck so much these days?
It has a lot to do with power — and how greed has overtaken our entire economy.