Over the past two years of mass death, the wealth of US billionaires grew by more than 70 percent, to over 5 trillion dollars. Five trillion dollars. Fueled by the money-printing operation of the Federal Reserve, median pay for US CEOs at major companies rose to $14.2 million last year.
Big Banks, Big Pharma, Big Tech Partner with Globalist Democrat For Open Borders and Endless Floods of ‘cheap’ Labor That Middle America Will Get the Tax Bills For the True (staggering) Cost
Amazon, Facebook Spend Millions Lobbying Congress for More Legal Immigration, Amnesty for Illegal Aliens
https://mexicanoccupation.blogspot.com/2022/05/joe-bidens-crony-modern-slaver-jeff.html
Refugee resettlement costs taxpayers nearly $9 billion every five years. Over the course of a lifetime, taxpayers pay about $133,000 per refugee and within five years of resettlement, roughly 16 percent will need taxpayer-funded housing assistance.
Ralph Nader: Biden's First Year Proves He Is Still a "Corporate Socialist" Beholden to Big Business
https://www.youtube.com/watch?v=2jTIUtjkDss
BIDENOMICS: The issue is not the survival of what the leader of the most powerful imperialist country calls “democracy.” Joe Biden really means capitalism, the profit system, which has produced a level of economic inequality that is entirely incompatible with any genuine democracy. Instead, it is generating fascist movements all over the world, which aim to abolish all democratic rights and subject the working class to the naked dictatorship of the rich. PATRICK MARTIN
Chamber of Commerce Cheers Biden’s Expansion of American Job Outsourcing for Amazon, BlackRock (blackrock is joe biden's biggest paymaster and operates out of the white house under gamer laweyr brian deese-a blackrock employee), Facebook
Profits of Doom: Globalist Elites Doubled Their Wealth During Coronavirus Pandemic
Ralph Nader: Biden's First Year Proves He Is Still a "Corporate Socialist" Beholden to Big Business
https://www.youtube.com/watch?v=2jTIUtjkDss
BIDENOMICS: The issue is not the survival of what the leader of the most powerful imperialist country calls “democracy.” Joe Biden really means capitalism, the profit system, which has produced a level of economic inequality that is entirely incompatible with any genuine democracy. Instead, it is generating fascist movements all over the world, which aim to abolish all democratic rights and subject the working class to the naked dictatorship of the rich. PATRICK MARTIN
Elon Musk, the richest man in the world, with a quarter of a trillion dollars to his name, received a $23 billion “bonus” last week. He broke the law to force open Tesla plants during the pandemic. Now he is buying Twitter for $43 billion.
Jeff Bezos said the new 'disinformation board' should review Biden's tweet that tied high inflation to low corporate taxes, calling it 'misdirection'
- President Joe Biden tweeted that taxing wealthy corporations could help bring down inflation.
- Amazon's Jeff Bezos said "mushing together" inflation and raising corporate taxes was "misdirection."
- Inflation in the US has reached its highest levels since the 1980s.
Amazon Executive Chairman Jeff Bezos went after President Joe Biden on Friday over the latter's tweet about bringing down inflation by taxing large corporations.
"You want to bring down inflation? Let's make sure the wealthiest corporations pay their fair share," Biden said in a tweet Friday evening.
The Amazon billionaire retweeted the president and suggested the tweet could be considered disinformation.
"The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead," Bezos said, apparently referring to Homeland Security's recently announced Disinformation Governance Board.
"Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection," Bezos continued.
Inflation in the US has reached its highest levels since the 1980s, affecting the price of essential goods like gas, food, healthcare, and housing. In April the rate of inflation slowed for the first time in eight months.
As Insider previously reported, some of the most common causes of inflation are excess demand for goods and services, rising costs of wages and materials, currency devaluation, and policies and regulations.
Amazon, the company Bezos founded, has long been accused of not paying its share fair of taxes. The company paid no federal income taxes in 2017 and 2018.
Bezos, one of the world's richest people, personally paid nothing in federal income taxes in 2007 and 2011, ProPublica reported last year.
The White House did not immediately respond to Insider's request for comment.
Summers: Eliminating Student Loan Moratorium Would Help Ease Inflation
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that if politicians want to help solve inflation, one way to do so would be asking borrowers who “are in better financial condition than any time in a very long time, to pay back their student debts, rather than maintaining the moratorium.”
Summers stated, “If politicians outside the Fed want to make a difference on inflation, to the limited extent they can, they should be reducing tariffs, they should be letting more immigrants into the country, they should be reducing regulatory burdens, like the Jones Act that mandates that only U.S. ships can take crude oil from Texas to the northeast. They should be limiting demand by asking borrowers, at a moment when they have — are in better financial condition than any time in a very long time, to pay back their student debts, rather than maintaining the moratorium. Those are the things that you can usefully do to influence the inflation rate, and all this gouging talk is a pandering diversion from all of that.”
Follow Ian Hanchett on Twitter @IanHanchett
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