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Showing posts with the label CORPORATE GREED

This defense contractor went too far PLEASE SPEAK OUT & JOIN WITH OTHERS TO SEND A MESSAGE TO RAYTHEON!

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  Defense contractor greed has gone too far -- even for Donald Trump. Trump just threatened in a post on his social media platform that he would cut defense contracts with Raytheon if it didn’t stop spending tens of billions on stock buybacks while neglecting investments in planes and equipment. We don’t often agree with President Trump. But this time, he’s right. Can you write to Raytheon’s board and tell them to cut executive pay, and ban stock buybacks and dividend payments? FIGHT CORPORATE GREED Raytheon is the corporation that makes ‘Patriot’ missiles. The Trump administration just signed a 20-year, $50 billion contract to provide a wide range of military needs, including systems and end-item production, spare parts, services and other types of support. If Raytheon is more interested in cashing checks than serving Americans, President Trump is right that their contract should be cut off. Even if Trump is spewing B.S., this is an opportunity to highlight the waste that’s inhere...

RSN: FOCUS: Robert Reich | Corporate Greed, Not Wages, Is Behind Inflation. It’s Time for Price Controls

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    26 September 22 Live on the homepage now! Reader Supported News FOLKS. WE — REALLY — NEED SOME PROGRESS ON DONATIONS — We are looking at really poor fundraising returns. Some of you are going to be offended, but we have to improve on this situation. We need you to help. The time is now to get it done. With urgency. Marc Ash • Founder, Reader Supported News Sure, I'll make a donation!   FOCUS: Robert Reich | Corporate Greed, Not Wages, Is Behind Inflation. It’s Time for Price Controls Robert Reich, Guardian UK Reich writes: "Corporations are using rising costs as an excuse to increase their prices even higher, resulting in record profits. We need limited price controls to break this cycle." Corporations are using rising costs as an excuse to increase their prices even higher, resulting in record profits. We need limited price controls to break this cycle O n Wednesday, policymakers at the Federal Reserve – America’s central bank – continued their battle against inflati...

RSN: James Verini | Witness to the Massacre in Mariupol

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    04 August 22 Live on the homepage now! Reader Supported News   James Verini | Witness to the Massacre in Mariupol James Verini, The New York Times Verini writes: "Elyzaveta Fatayeva was sitting on a blanket in the basement, next to her boyfriend, when the theater exploded above her. The whole building convulsed, and she with it." Survivors describe the defining atrocity of the war in Ukraine. E lyzaveta Fatayeva was sitting on a blanket in the basement, next to her boyfriend, when the theater exploded above her. The whole building convulsed, and she with it. Her ears filled with a tremendous crashing sound. Her eyes squeezed shut for a moment. When they opened, the air was a cloud of masonry dust. She gasped it in and choked. When her breath returned, there was a ringing in her ears. Then silence. Then people around her coughing. Then yelling. She looked around for her boyfriend. His face emerged from the dust. She could make out his eyes, and they were wide with terr...