As the death toll from the pandemic continued to mount, US corporations enjoyed the widest profit margins in more than 70 years during the second and third quarters of 2021.
US corporate profits before adjustments rose to a record high of $3.14 trillion at a seasonally adjusted annual rate in the third quarter of 2021. After tax and adjustments for inventory, profits rose to a record high $2.74 trillion, according to the most recent figures reported by the US Commerce Department.
A sign for a Wall Street building, Wednesday, May 19, 2021, in New York. (AP Photo/Mark Lennihan) These numbers, released as the official pandemic death toll in the US nears 800,000, are the direct product of the government’s prioritization of profits over human lives. This was underscored again Monday when President Biden declared there would be no public health measures taken besides vaccines in the face of the spread of the Omicron variant, despite warnings by scientists it may be resistant to vaccines.
Fueled in large part by the government’s mass injections of cash into the economy, profits of domestic nonfinancial corporations increased $67.5 billion in the third quarter and a massive $221.3 billion in the second quarter of 2021. Compared to the final quarter of 2019, the last reporting period prior to the onset of the global pandemic, profits are up an astonishing 39.6 percent. In dollar terms, the annual increase in profits since before the start of the pandemic has been over $500 billion, based on US Commerce Department figures.
Profit margins, that is the share going to profits out of each sales dollar, are at their highest level since 1950, during the early part of the post-World War II economic boom. Nearly two thirds of publicly traded US corporations have reported higher profit margins this year compared to 2020. One hundred of the largest have booked profit margins at least 50 percent above last year’s levels.
The spread of COVID-19 has been used by the ruling class to effect a further vast transfer of wealth from the working class into the coffers of the corporations and very wealthy. Pandemic financial assistance went disproportionately to the rich while the US Federal Reserve has been pouring trillions into the financial markets while keeping interest rates at near zero.
Amid soaring profits, according to figures released by the US Bureau of Labor Statistics earlier this month, real average hourly earnings for all employees decreased 0.5 percent from September to October 2021. With inflation rising at the fastest pace since 1990, year-over-year real wages fell 1.2 percent, seasonally adjusted, from October 2020 to October 2021. When combined with a 0.3 percent decrease in the average workweek, there was a 1.6 percent fall in real weekly earnings.
While inflation has had the impact of lowering real wages for workers, corporations, for the most part, have been able to pass higher prices onto consumers. Major retailers such as Walmart, Home Depot and Target saw higher third quarter profits, despite supply chain issues and labor shortages. Walmart’s stock is up 25 percent for the year and Target’s is up 47 percent.
Procter and Gamble, a supplier of home and personal care products, reported a massive 24.7 percent profit margin for the third quarter, with $14.3 billion in net earnings for fiscal 2021. In April, the company announced major price increases for its line of products. Rather than give a price break to consumers, P&G decided to reward investors instead by buying back some $3 billion of its own stock.
Among the big winners were oil companies, whose profits rebounded from last year’s slump amidst rising petroleum prices. ExxonMobil had net income of $6.8 billion in the third quarter of 2021 while Chevron, the second largest US oil company, reported an adjusted profit of $5.7 billion, its best result in eight years and 17 times greater than its earnings one year ago.
The glaring contradiction between soaring profits and the precarious circumstances in which millions are living, facing the danger of infection while soaring inflation erodes incomes, is fueling a wave of working class militancy. On the side of the ruling class, the increase in strikes is raising fears that workers are breaking free from the grip of the corporatist trade unions after decades in which the class struggle has been suppressed. There is the concern that workers will seek significant wage increases, undermining the financial house of cards that has been created by the continual pumping of cheap money into financial markets.
This has already been the case at many companies, including US farm and heavy equipment company John Deere, hit by a bitter five-week strike by members of the United Auto Workers. However, rather than demanding Deere divert money from profits to restore previous concessions forced on workers, the UAW imposed a rotten contract falling far short of workers’ demands and shutting down the strike by 10,000 Deere workers. The UAW used threats and lies to get the contract ratified, falsely claiming the company did not have money to provide adequate wages increases, including the restoration of decades of concessions.
This was despite the fact that the company reported net income of $6 billion for the fiscal year ending October 31, more than double the previous year’s total of $2.8 billion. The company’s previous record was $3.5 billion in 2013. Deere is predicting net income of $6.5 to $7 billion for the current fiscal year.
Cereal maker Kellogg is threatening to hire permanent scab replacements for 1,400 striking workers at five plants across the US. The company reported operating profits of $447 million in the third quarter of 2021, up 9.1 percent from the same period last year. However, management has refused to meet workers’ demands for the elimination of the hated multi-tier wage structure that leaves 30 percent of the workforce at a “transitional level” with lower pay and benefits, as well as grueling 7-day and up to 16-hour work schedules.
The bumper profits for US corporations amid the worst health catastrophe in 100 years is due to the policies of a criminal ruling class that at every point has prioritized profits over human lives. There is no level of death that will make the government change course, because policy is entirely subordinated to the profit interests of the wealthy.
This has been the case since the start of the pandemic, when the ruling class decided to conceal the dangers posed to the population by the emergence of the SARS-CoV-2 virus in order to shore up financial markets and forestall a stock market collapse.
The working class must intervene to demand that the vast resources now flowing to the coffers of big business be used instead to fight the global pandemic. The powerful scientific resources of society must be used to eliminate and eradicate the virus, saving the lives of millions.
Make Amazon Pay was formed in 2020 and has since helped to organize a number of strikes and protests against company policies. The campaign states on its website: “During the COVID-19 pandemic, Amazon became a trillion dollar corporation, with Bezos becoming the first person in history to amass $200 billion in personal wealth. Meanwhile, Amazon warehouse workers risked their lives as essential workers, and only briefly received an increase in pay.”
A video on the Make Amazon Pay website further states: “Amazon’s wealth has increased so much during the pandemic that its owners could pay all 1.3 million of its employees a $690,000 COVID bonus and still be as rich as they were in 2020.”
Read more at Business Insider here.
The National Labor Relations Board (NLRB) has approved a new union election at one of Amazon’s Alabama warehouses this week. The warehouse workers voted against unionization in April, but following complaints to the federal agency, a revote has been ordered.
CNBC reports that the NLRB has authorized a new union election at an Amazon warehouse in Bessemer, Alabama, known as BHM1. In April, workers at the warehouse voted against joining the Retail, Wholesale and Department Store Union (RWDSU).
Amazon CEO Andy Jassy (Isaac Brekken/AP)
Jeff Bezos holds goggles to his face (Joe Raedle /Getty)
The union has since argued that Amazon illegally interfered in the election, resulting in a legal battle in which the NLRB ruled in the union’s favor. NLRB spokesperson Kayla Blado confirmed to CNBC that the agency has ordered a new election.
At the initial unionization vote of BHM1 in April, employees rejected forming a union with less than 30 percent of votes favoring joining the RWDSU. The RWDSU challenged the results, claiming that Amazon illegally interfered in the election and began a protracted legal battle with months of hearings examining the company’s actions in the time leading up to the vote.
People hold placards during a protest in support of Amazon workers in Union Square, New York on February 20, 2021. (Photo by KENA BETANCUR/AFP via Getty Images)
A major issue that RWDSU had was that Amazon installed a mailbox on-site at the facility which the union argued created a false appearance that Amazon was conducting the election and intimidated workers into voting against the union.
In August, an NLRB hearing officer suggested that the results be set aside and another vote should take place, Amazon said it would appeal the decision at the time. Region 10 Director Lisa Henderson issue the decision and directions for a second election at BHM1 this week.
Henderson wrote in her decision: “I agree with the hearing officer’s recommendations. Accordingly, I affirm the hearing officer’s rulings, I adopt her recommendation to sustain certain objections, and I order a second election.”
An Amazon spokesperson told CNCB that the company disagrees with the NLRB’s decision and that Amazon doesn’t think unions are the answer for its employees.
“Our employees have always had the choice of whether or not to join a union, and they overwhelmingly chose not to join the RWDSU earlier this year,” the Amazon spokesperson said. “It’s disappointing that the NLRB has now decided that those votes shouldn’t count.”
Union President Stuart Appelbaum said in a statement: “Today’s decision confirms what we were saying all along – that Amazon’s intimidation and interference prevented workers from having a fair say in whether they wanted a union in their workplace – and as the Regional Director has indicated, that is both unacceptable and illegal. Amazon workers deserve to have a voice at work, which can only come from a union.”
Read more at CNBC here.
Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or contact via secure email at the address lucasnolan@protonmail.com
DO A SEARCH FOR OBAMA AND HIS SAUDIS PARTNERS. BARACK LOVES THE SMELL OF DIRTY MONEY. HE WAS WITNESS TO THE SAUDIS BUILDING THE BUSH-SAUDIS PRESIDENTIAL LIBRARY AFTER BUSH PROTECTED THE SAUDIS AFTER THEY INVADED US 9/11. THEN THE SAUDIS PUMPED BIG MONEY INTO THE CLINTON LIBRARY AND THE CLINTON FOUNDATION FAMILY SLUSH FUND.... WITH THESE PIG LAWYERS, JUST FOLLOW THE MONEY!
CODA
OBOMB'S SO CALLED PRESIDENTIAL LIBRARY WILL NOT HOUSE HIS PRESIDENTIAL PAPERS. WE HAVE WATCHED FROM THE BEGINNING OBAMA COVER HIS TRAIL AND CONCEAL HIS TRUE IDENTITY: THE MAN WHO WOULD BE DICTATOR.
Bezos ‘Greases’ Way Into Dem Establishment With $100 Million Obama Donation Obama-Biden alum Jay Carney arranged the massive gift
Jeff Bezos and Jill Biden, in 2016 (Photo by Chip Somodevilla/Getty Images) Santi Ruiz • November 22, 2021 5:40 pm
Faced with scorn from lawmakers on both sides of the aisle, Amazon billionaire Jeff Bezos appears ready to "grease" his way into the Democratic establishment with a $100 million donation to the Obama Foundation, according to Puck News .
The donation was arranged by Amazon executive and former Obama press secretary Jay Carney. The no-strings-attached gift comes as Bezos faces growing opposition from the left. The gift is the largest ever made to the foundation, which has chosen to forgo the traditional presidential library in favor of building a privately managed presidential center.
Bezos's donation comes at a difficult political moment for Amazon. Lawmakers from both parties fault the company for its poor treatment of workers and abuse of its market power. The company has also come under fire for banning conservative voices. This year, Amazon banned a book that criticizes transgender ideology and blocked an ad for a book that criticizes the Black Lives Matter movement.
Bezos has tasked Carney, who served as then-vice president Joe Biden's communications director, to ingratiate Amazon with Democratic lawmakers. Under Carney's leadership, Amazon's lobbying team has grown from about two dozen to 250 members. Reuters reported Friday that Carney has successfully lobbied to kill privacy protections for consumers in 25 states.
Amazon is not the only Bezos project to pique the ire of leading Democrats. NASA administrator and former Democratic senator Bill Nelson blamed Bezos's Blue Origin for causing a delay in a U.S. return to the moon. The space exploration company sued NASA after it lost a major contract to Elon Musk's SpaceX.
Obama's presidential center is the first presidential library or museum to be run by a partisan nonprofit, rather than by the National Archives and Records Administration. Bezos's ex-wife Mackenzie Scott and Bill and Melinda Gates have already made substantial donations to the center, which presidential scholars worry will become a partisan slush fund.
Activists on Chicago's South Side said the center will force out longtime neighborhood residents. The center received a tax-free, 99-year lease on almost 20 acres of public parkland from the city of Chicago, for $10 in total. The center will be allowed to charge fees and keep the profits.
Bezos has ramped up his philanthropy over the past four years, pledging millions of dollars to liberal causes and figures. Earlier this year, he pledged $1 billion to conservation efforts and gave $100 million to CNN contributor Van Jones.
A video on the Make Amazon Pay website further states: “Amazon’s wealth has increased so much during the pandemic that its owners could pay all 1.3 million of its employees a $690,000 COVID bonus and still be as rich as they were in 2020.”
BIDEN CRONY BEZOS IS THE RICHEST MAN IN THE WORLD AND YET PAID NO, OR LITTLE INCOME TAX. THE SYSTEM IS RIGGED TO PROTECT THE DEMOCRAT PARTY'S BASE OF TECH BILLIONAIRES FOR OPEN BORDERS!
JOE BIDEN HAS HANDED OVER TO AMAZON BEZOS BILLIONS OF DOLLARS OF GOV CONTRACTS.
Inside Jeff Bezos' $78 MillIon Dollar Hawaii Estate https://www.youtube.com/watch?v=kELjWUwqllc
Inside Jeff Bezos Mansions
Jeff Bezos' $400 Million Flying Fox Yacht https://www.youtube.com/watch?v=MRYEcushHjc
Inside Jeff Bezos' $21,000,000 Car Collection
Inside Jeff Bezos' $300 Million Mansions
CON MAN JOE FROM SCRANTON
During the 2020 Democratic primaries, every candidate pledged
to repeal the Trump tax cut for the rich. Biden has repeatedly
called his domestic agenda a “blue collar” program. While
declaring ad nauseam that “I am a capitalist,” who has nothing
against people becoming billionaires, he has called on Wall
Street to “pay their fair share.”
How Wealth Inequality Spiraled Out of Control | Robert Reich https://www.youtube.com/watch?v=wOI8RuhW7q0
Climate crazies Extinction Rebellion blockaded a number of Amazon warehouses in the UK on Black Friday, the company’s busiest day of the year.
Thirteen Amazon warehouses in the UK were targetted by Extinction Rebellion, in an attempt to disrupt the retail giant’s busiest day of the year and protest against the supposedly environmentally damaging practices of Amazon.
The group began its blockade of Amazon’s largest warehouse in the UK in Dunfermline, Scotland, at 4 am on Friday, according to a report from The Telegraph.
Protesters prevented lorries from leaving the site, as well as some from entering through the use of placards, and by using so-called “lock-ons” — devices that are designed to prevent protesters from being removed.
Extinction Rebellion claimed that every Amazon distribution centre in the UK would be targeted by the organisation, with similar protests also occurring in the US, Germany, and the Netherlands.
Over 31 XR activists were arrested at Amazon warehouses across the country on Black Friday, the BBC reported .
A spokeswoman for the far-left climate alarmist group at the Dunfermline blockade stated that they were being watched by police, who reportedly had a single van on-site. She also stated that the group had brought “good vibes and music”.
“The action is intended to draw attention to Amazon’s exploitative and environmentally destructive business practices, disregard for workers’ rights in the name of company profits, as well as the wastefulness of Black Friday,” another spokesman for the group stated.
The tactics employed by left-wing climate protesters have come under increased scrutiny after an XR splinter group, Insulate Britain, used similar methods to cause chaos in September and October.
Activists frequently glued themselves to the tarmac in order to maximize disruption during attempts to shut down major roads and motorways, such as the M25.
The protests reportedly resulted in serious injuries by delaying people who required urgent medical attention from reaching medical centres.
Nine of the group’s eco-warriors were subsequently jailed for violating a court injunction that prohibited the blockading of roads.
On social media, Extinction Rebellion claimed that they are “trying to wake people up to reality” with the blockades and that in order for governments to act on climate change, “mass disruption” and “civil resistance” are required.
“There’s no guarantee it will bring the change we need, but after COP26, it should be obvious that nothing else will,” one post stated.
THE DEMOCRAT PARTY AT WORK: Make Amazon Pay was formed in 2020 and has since helped to organize a number of strikes and protests against company policies. The campaign states on its website: “During the COVID-19 pandemic, Amazon became a trillion dollar corporation, with Bezos becoming the first person in history to amass $200 billion in personal wealth. Meanwhile, Amazon warehouse workers risked their lives as essential workers, and only briefly received an increase in pay.”
During the 2020 Democratic primaries, every candidate pledged to repeal the Trump tax cut for the rich. Biden has repeatedly called his domestic agenda a “blue collar” program. While declaring ad nauseam that “I am a capitalist,” who has nothing against people becoming billionaires, he has called on Wall Street to “pay their fair share.”
Inside Jeff Bezos Mansions
Jeff Bezos' $400 Million Flying Fox Yacht https://www.youtube.com/watch?v=MRYEcushHjc
Inside Jeff Bezos' $21,000,000 Car Collection
IRS data shows: US billionaires' true tax rate far lower than that of workers
Jacob Crosse
On June 8, ProPublica published the first in a projected series of articles documenting the massive scale of legally sanctioned tax evasion carried out by America’s ever-expanding class of billionaires. The article, based on an exhaustive study of leaked Internal Revenue Service (IRS) documents, focuses on the period from 2014 through 2018. It demonstrates that in the course of those five years, the 25 richest Americans paid federal taxes on their increased wealth at a far lower rate than the typical US household.
The report also cites tax data on billionaire oligarchs such as Jeff Bezos, Warren Buffett, Elon Musk and Michael Bloomberg going back to the first decade of the current century, showing that they paid little or no taxes regardless of which big business party—Democrats or Republicans—occupied the White House. It explains as well that even were the Biden administration to carry out its promised increases in income tax rates for the rich, the impact on the vast fortunes of today’s robber barons would be minimal.
The authors state that in determining the increased wealth of America’s “top 0.001 percent,” they included not simply their salaries, which in many cases comprise only a small share of their actual income, but also “investments, stock trades, gambling winnings and even the results of audits.”
Billionaires Warren Buffett, Jeff Bezos, Michael Bloomberg, Elon Musk (All originals from Wikimedia Commons)
The result, they note, demolishes “the cornerstone myth of the American tax system: that everyone pays their fair share and the richest Americans pay the most.” They continue: “The IRS records show that the wealthiest can—perfectly legally—pay income taxes that are only a tiny fraction of the hundreds of millions, if not billions, their fortunes grow each year.”
ProPublica’s revelations provide insight into how the capitalist system and its various state institutions and rigged legal system promote a parasitic financial aristocracy that lives in a world apart from the rest of humanity. Unlike workers, who depend on their wages to survive and pay the full income tax rate, the ultra-wealthy avoid taxes by obtaining massive loans from banks, borrowing against the value of their ever growing and artificially inflated assets, such as stocks and real estate, which are not taxable until they are sold.
In order to calculate what ProPublica terms the “true tax rate” of the 25 richest Americans, the report compares how much in taxes these individuals paid over a given period to how much their wealth grew, using wealth estimates published by Forbes magazine.
Between 2014 and 2018, Forbes estimated that these 25 people saw their wealth increase collectively by $401 billion. The documents obtained by ProPublica show that these same individuals collectively paid $13.6 billion in federal income taxes over the same time period, for a true tax rate of only 3.4 percent. By contrast, ProPublica found that between 2014 and 2018, a typical US worker in his or her 40s experienced a net wealth expansion of about $65,000. That same worker’s tax bills “were almost as much, nearly $62,000, over that five-year period.”
Over that same period, according to ProPublica, Warren Buffett’s wealth increased by $24.3 billion, but the Berkshire Hathaway mogul paid only $23.7 million in taxes, resulting in a true tax rate of 0.10 percent.
Amazon boss Jeff Bezos’ wealth soared by a staggering $99 billion, but he paid just $973 million in taxes, yielding a true tax rate of less than 1 percent.
Tesla CEO Elon Musk is another “pandemic profiteer.” He saw his wealth skyrocket this past year, in part by violating a state-ordered shutdown and illegally restarting production at the Fremont, California , Tesla factory, leading to hundreds of coronavirus infections. Between 2014 and 2018 his wealth grew by $13.9 billion, while he paid $455 million in taxes, resulting in a true tax rate of 3.27 percent.
The reporting confirms the Marxist analysis of the capitalist state, described in the Communist Manifesto as “… a committee for managing the common affairs of the whole bourgeoisie.” The various loopholes and tax avoidance schemes employed by the ruling class are legal, have been for decades, and will continue to be so under Biden or any other Democratic administration.
As then-candidate Joe Biden assured wealthy donors at a Manhattan campaign fundraising event in January 2019, should he become president, “no one’s standard of living will change, nothing would fundamentally change.” Nearly six months into his presidency, Biden has kept his promises to his wealthy benefactors, as evinced by his recent retreat from his proposal to raise corporate taxes by a few percentage points.
Among other facts included in the ProPublica report:
· Bezos, the world’s richest man, did not pay a penny in federal income taxes in 2007 and 2011. In 2011, despite his overall wealth holding steady at $18 billion, Bezos filed a tax return in which he claimed to have lost money. The IRS not only approved the billionaire’s tax return, it granted him a $4,000 tax credit for his children!
· Musk, now the second richest person in the world, did not pay any federal income taxes in 2018.
· Former New York City Mayor Michael Bloomberg, as well as billionaire investors Carl Icahn and George Soros, have also had years when they paid nothing in federal income taxes. Soros, worth an estimated $8.6 billion as of March 2021, paid no federal income taxes for three years in a row.
According to the ProPublica report, when the super-rich do pay something in income taxes, their true tax rate is far lower than that of the typical working class household, with a median income of $70,000. For instance, between 2006 and 2018, while Bezos’ wealth surged by over $120 billion, he paid, on average, $1.09 in taxes for every $100 in wealth growth. But over the same period, the median American household paid $160 in taxes for every $100 in wealth growth—paying more in taxes than it gained in wealth.
Overall, ProPublica found that the richest 25 Americans pay a far lower income tax rate, an average of 15.8 percent of adjusted gross income, than do many workers, once taxes for Social Security and Medicare are included. To highlight the point, ProPublica found that by the end of 2018, the 25 richest Americans were worth $1.1 trillion and collectively paid a federal tax bill of $1.9 billion.
The $1.1 trillion in collective wealth hoarded by 25 people equals the combined annual wages of roughly 14.3 million American workers, who in 2018 paid $143 billion in federal taxes, or over 75 times more than the billionaires.
On Tuesday, in response to a reporter’s question about the ProPublica report, White House Press Secretary Jen Psaki had nothing to say about its damning content. Instead, she threatened criminal prosecution of those who leaked the IRS documents to ProPublica.
“Any unauthorized disclosure of confidential government information by a person of access is illegal and we take this very seriously,” said Psaki. She added that the IRS commissioner has referred the matter to investigators and that the FBI and Justice Department would also be investigating.
THERE'S NO ONE UP HIGH TECH'S ASS MORE THAN BIDEN! THERE WILL BE NO HIGH-TECH ANTI-TRUST UNDER THE BIDEN REGIME!
The donation comes after the House Judiciary Committee’s Subcommittee on Antitrust introduced five bills last summer aimed to curb anti-competitive practices in the tech industry. The bills have been presented as a bipartisan effort to rein in the power of dominant Silicon Valley companies.
IT PAYS TO OWN A FEW DEMOCRAT POLS A video on the Make Amazon Pay website further states: “Amazon’s wealth has increased so much during the pandemic that its owners could pay all 1.3 million of its employees a $690,000 COVID bonus and still be as rich as they were in 2020.”
Read more at Business Insider here.
Amazon founder Jeff Bezos is donating $100 million to the Obama Foundation in the wake of Amazon clashing with the Biden administration over antitrust issues.
Bezos’ $100 million donation to the Obama Foundation, made in honor of late Rep. John Lewis, is the foundation’s largest individual contribution received to date, the Obama Foundation announced in a Monday press release.
Jeff Bezos lectures normal people about climate change Pool/Getty)
GLASGOW, SCOTLAND – NOVEMBER 08: Former US President Barack Obama delivers a speech while attending day nine of the COP26 at SECC on November 8, 2021 in Glasgow, Scotland. (Photo by Christopher Furlong/Getty Images)
The donation comes after the House Judiciary Committee’s Subcommittee on Antitrust introduced five bills last summer aimed to curb anti-competitive practices in the tech industry. The bills have been presented as a bipartisan effort to rein in the power of dominant Silicon Valley companies.
One bill aimed to prevent technology companies from favoring their own products and services on their platform, a practice that Google and Amazon have been accused of. Another targeted the use of data obtained from competitors to gain an advantage over them, a practice that has made Amazon the subject of an EU antitrust investigation.
Moreover, Lina Khan, the Chairperson of the Federal Trade Commission (FTC), is reportedly probing Amazon’s $8.5 billion acquisition of MGM Studios. In June, Amazon demanded that Khan recuse herself from any FTC probes of the company, reported New York Post .
Bezos’ nine-figure gift to the Obama Foundation was arranged by former Obama press secretary and current Amazon senior vice president of global corporate affairs Jay Carney, according to a report by Puck News.
The Obama Foundation says Bezos’ donation will “help expand the scope of programming that reaches emerging leaders in the United States and around the world,” adding that Bezos “has asked for the Plaza at the Obama Presidential Center to be named the John Lewis Plaza.”
While the foundation was vague regarding what Bezos’ donation will be spent on, it said that the money will give “the next generation of emerging leaders” the “necessary tools, resources, and training needed to be the change they want to see in the world, just as Congressman Lewis did.”
“I’m thrilled to support President and Mrs. Obama and their Foundation in its mission to train and inspire tomorrow’s leaders,” Bezos said.
Earlier this month, former President Barack Obama jetted into Glasgow, Scotland, for the COP26 climate conference to tell “old folks” to “get out of the way.”
“From the perspective of the Obama Foundation, one of the things I’m most excited about is to see the young activists from around the world who are taking up the baton and not just working in their own countries, but now forming a collective movement across borders to tell the older generation that has gotten us into this mess that we all have an obligation to dig our way out of it,” Obama said in a recorded a video message.
You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo , and on Instagram .
DEMOCRAT = THE MODERN SLAVE LABOR PARTY OF OPEN BORDERS, GLOBALIST AND NAFTA PIGS!
BEZOSHEAD IS RIGHT AT NAFTA BIDEN'S SIDE WITH MARK ZUCKERBERG ON THE OTHER SIDE PUSHING FOR AMNESTY, WIDER OPEN BORDERS TO KEEP WAGES DEPRESSED AND NO LEGAL NEED APPLY!
‘Make Amazon Pay:’ Workers in 20 Countries Plan to Strike on Black Friday KENA BETANCUR/AFP via Getty Images 3:29
Amazon employees in 20 countries are reportedly preparing to strike on Black Friday as part of a campaign titled “Make Amazon Pay.”
Business Insider reports that Amazon employees in 20 different countries are planning a mass strike on Black Friday, one of the busiest shopping days of the year, as part of the “Make Amazon Pay” campaign. The campaign includes a coalition of 70 organizations including Greenpeace, Oxfam, and Amazon Workers International.
Mural of Amazon founder Jeff Bezos. (Thierry Ehrmann/Flickr)
Amazon CEO Andy Jassy (Isaac Brekken/AP)
The workers are demanding accountability from top executives who they believe are placing profits ahead of worker wellbeing. Individual workers “from oil refineries, to factories, to warehouses, to data centers, to corporate offices” are expected to take part in the walkout on November 26.
Make Amazon Pay wrote in a list of demands on its website: “The pandemic has exposed how Amazon places profits ahead of workers, society, and our planet. Amazon takes too much and gives back too little. It is time to Make Amazon Pay.”
The protests come as Amazon employees continue to complain of long hours, low pay, and strict performance review systems. Make Amazon Pay is demanding increased salaries, improved job security, and the suspension of the “harsh productivity and surveillance regime Amazon has used to squeeze workers.”
The group is also calling for a “pay back to society” which will include enhanced environmental sustainability efforts, increased transparency over the use of user data and privacy measures, and the immediate end of partnerships between Amazon and police forces and immigration authorities which are “institutionally racist.”
“Amazon is not alone in these bad practices but it sits at the heart of a failed system that drives the inequality, climate breakdown, and democratic decay that scar our age,” Make Amazon Pay wrote in its demands.
A company spokesperson told Business Insider that the company is “inventing and investing significantly” in several of the categories that the campaign is calling for action in, including climate efforts. The spokesperson said:
These groups represent a variety of interests, and while we are not perfect in any area, if you objectively look at what Amazon is doing in each one of these areas you’ll see that we do take our role and our impact very seriously.
Make Amazon Pay was formed in 2020 and has since helped to organize a number of strikes and protests against company policies. The campaign states on its website: “During the COVID-19 pandemic, Amazon became a trillion dollar corporation, with Bezos becoming the first person in history to amass $200 billion in personal wealth. Meanwhile, Amazon warehouse workers risked their lives as essential workers, and only briefly received an increase in pay.”
A video on the Make Amazon Pay website further states: “Amazon’s wealth has increased so much during the pandemic that its owners could pay all 1.3 million of its employees a $690,000 COVID bonus and still be as rich as they were in 2020.”
Read more at Business Insider here.
Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or contact via secure email at the address lucasnolan@protonmail.com
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