US billionaires are almost a third richer than they were at the beginning of the COVID-19 pandemic in 2020, per Oxfam.
“In the last 48 years, there has been a $50 trillion transfer of wealth from the bottom 90% to the top 1% of Americans. That transfer has decimated our middle class,” Marianne Williamson has said.
39% of Americans say they’ve skipped meals to make housing payments, per MarketWatch.
Greg Utas Software architect, author, libertarian, Austrian school economics, investing
https://twitter.com/GregUtas/status/1648860517421703174
#corporatism
Capitalism = property rights + voluntary trade
Corporatism = capitalism + government:
🚩 bailouts
🚩 contracts for cronies
🚩 regulation to limit competition
🚩 subsidies
🚩 licensing
🚩 revolving doors between government and business
🚩 public-private partnerships…
Fox Can Claim Tax Write off For Defamation Settlement
Fox News says it can assert that lying about elections and them having to pay a defamation settlement is a tax deductible business expense, which could reap the company a $200 million tax break.
https://www.levernews.com/fox-can-claim-tax-writeoff-for-defamation-settlement/
Robert Francis Kennedy Jr. (born January 17, 1954) is an American environmental lawyer and author known for promoting anti-vaccine propaganda and conspiracy theories.
Robert F. Kennedy Jr @RobertKennedyJr
We don’t have fair market capitalism. We have corporate crony capitalism, where the rules are written by billionaires and incumbents and large corporations, to stack the deck against the middle class.
Robert F. Kennedy Jr.’s bid to challenge President Biden for the 2024 Democratic nomination is backed by Steve Bannon and other far-right figures. That tells you all you need to know.
RFK jr. working for Bannon, Flynn & Stone. An unholy alliance banking on the Kennedy name. Shameful slide into a hate group.
RFK is backed by the traitor general Mike Flynn, Steve Bannon, and a bunch of Qanon conspiracy nuts. He’s about as Democratic Party as Kyrsten Sinema. The ONLY people voting for him are Republicans.
Kennedy’s family are embarrassed by him and absolutely will not support this Kennedy’s run for office. Tells you all you need to know when your own family doesn’t want to talk to you.
RFK Jr. is a spoiler candidate who Republicans hope will be a useful chaos agent and help Trump. If that’s not enough, he’s also a rabid anti-vaxxer. Oh, and he likes to parrot Putin’s talking points about Ukraine.
RFK is backed by the traitor general Mike Flynn, Steve Bannon, and a bunch of Qanon conspiracy nuts. He’s about as Democratic Party as Kyrsten Sinema. The ONLY people voting for him are Republicans.
HARD PASS.