rbreich

rbreich, 26 minutes ago to random

Trump's Mar-a-Lago trial should've started today, but the judge (whom he appointed) delayed it.

The Jan 6 trial should've been in March, but the Supreme Court's MAGA justices delayed that too.

If Trump was innocent, you'd think he'd want to clear his name before the election.

rbreich, 3 hours ago to random

When I was a mere clerk for the 1st circuit appeals court, I wasn't allowed to have a political bumper sticker for fear of creating even the appearance of bias on the court.

How can Justice Alito be allowed to rule on Jan 6-related matters after flying a pro-insurrection flag?

rbreich, 9 hours ago to random

What do Americans really know about Trump and Biden? https://robertreich.substack.com/p/what-do-americans-really-know-about?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 23 hours ago to random

The CEO-to-worker pay gap at America’s largest companies was 344-to-1 last year.

In 1965, the ratio was 20-to-1.

This explosion in CEO pay relative to the pay of workers isn’t because CEOs have become so much more valuable.

They've just gamed the system to line their pockets.

rbreich, 1 day ago to random

The Biden Admin is requiring airlines to disclose add-on costs like baggage fees upfront.

It's expected to save fliers $500M/year by making it easier to comparison shop.

Would you be surprised if I told you that Trump's Admin fought against efforts to rein in airline junk fees?

rbreich, 1 day ago to random

Sunday caption: What? https://robertreich.substack.com/p/sunday-caption-what?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 1 day ago to random

The FTC found evidence that a US oil exec colluded with OPEC in 2021 and 2022 to cut production and drive up prices.

The price-fixing scam is estimated to have cost Americans an extra $2,100 per year.

When I say corporate greed is driving inflation, this is what I mean.

rbreich, 1 day ago to random

The Biden Admin's rule limiting credit card late fees was set to begin this past week.

But a Trump-appointed judge blocked it at the request of the Chamber of Commerce — costing families an estimated $27 million a day.

MAGA and corporate interests want to keep ripping you off.

rbreich, 2 days ago to random

Boeing shareholders approved a $33M pay package for CEO Dave Calhoun, despite overseeing huge losses and safety problems.

It's the biggest package ever given to a Boeing CEO.

Calhoun is resigning by year's end. Guess what he gets then?

A $45 million golden parachute.

Unreal.

rbreich, 2 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, 2 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, 2 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, 2 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, 3 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, 3 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, 3 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, 3 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, 4 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, 4 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, 4 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, 4 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, 4 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, 4 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, 5 days ago to random

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

rbreich, 5 days ago to random

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