rbreich

rbreich, 7 days ago to random

How to overcome the moral squalor of Trump? | The Coffee Klatch, May 18, 2024 https://robertreich.substack.com/p/how-do-we-overcome-the-moral-squalor?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 7 days ago to random

How do we overcome the moral squalor of Trump? | The Coffee Klatch with Robert Reich https://www.youtube.com/watch?v=8UitHpSDJPQ&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 7 days ago to random

Corporate America’s playbook:

1. Exploit workers to maximize profits
2. Use profits to buy Congress
3. Use Congress to pass union-busting laws
4. Use union-busting laws to further exploit workers
5. Rinse and repeat

How we break this cycle? Build back a powerful labor movement.

rbreich, 7 days ago to random

The Brown v. Board ruling happened 70 years ago today.

The reversal of the Supreme Court’s previous “separate but equal” decision highlights how it’s possible to overcome bad SCOTUS decisions.

But it took years of activism from brave people to get there.

Keep fighting.

rbreich, 8 days ago to random

A "Stop the Steal" flag reportedly flew at the home of Justice Samuel Alito, just days after Jan 6.

Alito not being forced to recuse from Trump's immunity case and upcoming Jan 6 cases tells you everything you need to know about the new SCOTUS code of "ethics."

It's a sham.

rbreich, 8 days ago to random

My "Radical" Position That's Not so Radical Now https://www.youtube.com/watch?v=ho4YOxm8ZAs&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 8 days ago to random

When an old, dear friend passes https://robertreich.substack.com/p/when-an-old-dear-friend-passes?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 9 days ago to random

Half of Amazon warehouse workers struggle with food and housing costs.

A third of the workers have had to rely on at least one government assistance program.

Amazon's stock hit an all time high in April. Jeff Bezos is now worth $203 billion.

This is what oligarchy looks like.

rbreich, 9 days ago to random

50 billionaire families have already spent $600 million on the 2024 elections.

More than half—$416 million—went to Republicans or conservative groups that want to extend Trump's tax cuts for the rich.

Could there be a clearer example of how big money corrupts our democracy?

rbreich, 9 days ago to random

The Consumer Financial Protection Bureau is our financial watchdog.

Today, SCOTUS upheld the agency's funding from attacks by shady payday lenders.

This is huge. Why?

Since 2011, the CFPB has put $17.5B back in the pockets of 200 million Americans who have been defrauded.

rbreich, 9 days ago to random

The loathsomeness of Trump world https://robertreich.substack.com/p/the-loathsomeness-of-trump-world?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 9 days ago to random

S&P 500 companies bought back $181B of their shares in Q1 to pump up their value.

Buybacks are projected to reach $925B this year.

In 2025, they’re estimated to hit over $1 TRILLION.

Why is this driving inequality?

It's simple: the top 1% alone own roughly half of all stocks.

rbreich, 9 days ago to random

As SCOTUS continues to delay accountability for Trump in his presidential immunity case, remember that we still don't know who suddenly paid off Justice Brett Kavanaugh’s massive $260K+ credit card debt. Our High Court is compromised, and we need answers.

rbreich, 9 days ago to random

The latest numbers show inflation cooling.

But many still struggle with rent & gas prices — which contributed to 70% of April inflation.

Just so happens that recent investigations have found evidence of price-fixing in both industries.

High interest rates won't fix that.

rbreich, 10 days ago to random

Will Trump be criminally convicted in his election interference trial? If so, will it affect the election?

rbreich, 10 days ago to random

Will Trump be criminally convicted in his election interference trial? If so, will it affect the election?

rbreich, 10 days ago to random

Here's how two of the richest men in the world are trying to bust unions once and for all. https://www.youtube.com/watch?v=d9R8z4SiWKg&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 10 days ago to random

Walmart announced hundreds of layoffs yesterday.

But remember that the company has been hiking prices and raking in big profits.

Its share prices hit a record high in March.

The Walton family's net worth reached $267 billion this year.

Textbook corporate greed.

rbreich, 10 days ago to random

Office Hours: A convicted criminal for president? https://robertreich.substack.com/p/office-hours-272?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 10 days ago to random

Apple shares lost 10% of their value.

Then Apple announced plans to buy back $110 billion of its own stock.

After that, Apple shares had their best day since 2022.

There's a reason stock buybacks used to be considered illegal stock manipulations.

They should still be banned.

rbreich, 10 days ago to random

A new DoT rule will require airlines to disclose more fees upfront.

The rule will save passengers $500M a year by making it easier to comparison shop and avoid hidden fees.

Major airlines are up in arms and have sued.

Their power to rip us off is being challenged. About time.

rbreich, 10 days ago to random

4 years ago, an exec for a top PPE producer testified to Congress that in Jan 2020 (as fear of covid began to spread) his firm offered to ramp up production to make 1.7 million N95 masks available to the public per week.

The Trump admin said no.

rbreich, 11 days ago to random

The latest CBO estimate shows that extending the Trump tax cuts for the next 10 years would add $4.6 trillion to the deficit.

Remember this the next time Republicans propose cuts to Social Security, Medicare, and Medicaid.

The "party of fiscal responsibility" is full of it.

rbreich, 11 days ago to random

For Nat'l Police Week, Speaker Johnson is hosting a candlelight vigil tonight to honor fallen police officers.

But first he's in New York to support Trump, who has promised to pardon the violent criminals who brutally assaulted about 140 Capitol Police on Jan 6.

rbreich, 11 days ago to random

Will Billionaires Destroy Worker Rights? | Robert Reich https://www.youtube.com/watch?v=vO1Q3yyXJ7E&utm_source=dlvr.it&utm_medium=mastodon