Rich People Were Warned About the Dangers of the CoronaVirus by U.S. Senators...
Corrupt Republican U.S. Senator Richard Burr of North Carolina sits on the U.S. intelligence committee. After receiving a briefing in February on the likely devastating economic impacts of the...
View ArticleThe CoronaVirus Stimulus Bill: The Rich Get 5 Trillion, We Get Crumbs
The rich receive most of their income, from 2/3rds to 100 percent, via corporations, either through capital gains by the selling of shares or with dividends distributed to shareholders. So it should...
View ArticleThe Federal Reserve is Rescuing the Billionaires Making Stupid Investment...
The United States Federal Reserve Bank (the Fed) is bailing out the billionaires again. This time the Fed is making certain that losses suffered by hedge funds are reversed. Hedge funds are not banks....
View ArticleThe Rich are the Prime Beneficiaries of the $4.7 Trillion Coronavirus Relief ACT
Not only did legislators of both major political parties make certain when writing the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in late March 2020 that the top 0.05 percent...
View ArticleThe second crisis: The invisible enemy of CO2. A battle worth fighting.
by Rich RodriguezSpending trillions of dollars on a crisis against an invisible enemy sounds crazy, right? We just did that in the blink of an eye.The problem is we are fighting two crises. The global...
View ArticleOn the Same Day Sen. Richard Burr Dumped His Almost CoronaVirus Infected...
U.S. Senator Richard Burr sold between $600 thousand and $1.7 million shares of corporations just before the coronavirus hit the U.S. He had been informed of the likely devastation of the virus on the...
View ArticleThe CoronaVirus Bailout Is Working — for the Rich
As I mentioned back in March 2020, the economy is in free fall but the billionaires are thriving, and stocks of big private equity firms are soaring dramatically higher. As usual, the billionaires...
View ArticleThe Billionaires are Richer Than Ever Thanks to the Federal Reserve and the...
Eight weeks into the pandemic, Inequality.com reported that during the eight weeks of March 18th to May 14th 2020 thirty-six million workers became unemployed. “Over these same eight weeks, U.S....
View ArticleExclusive: U.S. taxpayers’ virus relief went to firms that avoided U.S. taxes
Many corporations pay no taxes, and actually receive tax rebates from the government, and much of this tax avoidance is passed on to rich investors in the form of capital gains, dividends and bond...
View ArticleHow does the unemployment rate go down when the number of unemployed grows...
The United States Bureau of Labor Statistics reported a few days ago that the U.S. economy added 2.5 million jobs in May 2020. This hardly seems likely. As you can see from the graph above, over 8...
View ArticleThe United States is a Dictatorship of the Billionaires
Divide and conquer; nobody has done it better than the billionaires who have controlled the United States via their two major political parties and their Supreme Court for the last forty years. But...
View ArticleThe Coronavirus Recession; The Dictatorship of the Billionaires is Getting...
I wonder how bad this economic downturn is going to be. This recession just began in February 2020. The economy is opening up for the first time since the coronavirus struck the United States and...
View ArticleDictatorship of the Billionaires: Is this the United States Argentina Moment?
In the 1920s, Argentina was a nation with one of the great middle classes in the world, equal with most Europe nations. Then corruption sunk in and now Argentina is a nation filled with desperate...
View ArticleHow Stupid Are the RepubliCons? It’s all about the economy stupid!
U.S. Republican Senate Majority Leader Mitch McConnell must be as stupid as U.S. Senator’s Rand Paul and Ted Cruz. Paul and Cruz oppose the U.S. House of Representatives Heroes bill sponsored by the...
View ArticleThe Rupublicans, the Dictatorship of the Billionaires: It’s the Economy Stupid!
U.S. Senate Republicans cannot figure out the math. As a political party of consequence, they are on the verge of historical irrelevance after the November elections. There are several red...
View ArticleHas Joe Biden’s Selection of Kamala Harris Curtailed his Chances of Beating...
The news media has touted Kamala Harris as a good selection by Joe Biden. She will rally African-American supporters to vote in greater numbers for Biden, the press has touted. In reality, the very...
View ArticleThe Death of Supreme Court Justice Ruth Bader Ginsberg Means and US...
U.S. democracy and the U.S. Constitution will sorely miss Supreme Court Justice Ruth Bader Ginsburg. She was one of the few honest judges fighting against a political coup that has taken place,...
View ArticleThe Battle over Trump’s Supreme Court Nominee is an Illusion
Truer colors have never been more clear. As the economy continues to place more than 800,000 citizens on the unemployment rolls for many weeks in row, as the stock markets have tanked over the entire...
View ArticleWhy the Next Stimulus May Never Arrive
The combined wealth of U.S. billionaires increased by $850 billion since March 18th, 2020, the beginning of the pandemic, an increase of over 28 percent. The billionaires like that. The billionaires...
View ArticleWhy the Electoral College is Allowed to Exist
The electoral college is allowed to exist because the Republicans and the Democrats are indispensable enemies, at least for the billionaires who control both parties. If not for the electoral college,...
View Article