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A new report compiled by think tank Groundwork Collaborative shows the inflation we continue to see across the country is mostly driven by corporate profits. According to their findings, “corporate profits drove 53 percent of inflation during the...
by Walter Einenkel
 142 comments
on Mon Jan 22, 2024 at 11:10 AM PST
with 368 Recommends
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It may be too soon to applaud Anthony Albanese’s reformist Government for transforming Australia’s sclerotic economy into a socialist paradise for workers which is simultaneously brimming with opportunities for courageous capitalists. But we are now...
by Alan Austin
10 comments
on Tue Jul 18, 2023 at 02:43 AM PDT
with 7 Recommends
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So, I was bored all day Friday and decided to go ahead and doodle this on my computer to keep my mind occupied. I could not help but to chuckle at it once I finished it because not only did it turn out extremely good, but it perfectly describes big oil...
by Miles Estrelle
5 comments
on Fri Jun 02, 2023 at 11:00 PM PDT
with 17 Recommends
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In December, the Biden administration lobbied hard and succeeded in getting the Democratic majority to vote for legislation forcing railway unions to accept a tentative agreement with railway companies and avoid a strike. The sticking point that the...
by Walter Einenkel
49 comments
on Tue Jan 24, 2023 at 04:52 PM PST
with 98 Recommends
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The U.S. pharmaceutical industry is completely nonfunctional. Well, let me clarify that a bit. It functions great for the drug companies that receive huge government subsidies and tax breaks , and ...
by Ian Reifowitz
48 comments
on Wed Feb 15, 2023 at 05:59 AM PST
with 80 Recommends
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It’s become so commonplace for me to write up the bad actions of oil and gas CEOs who—without fail—continue to build on their pristine track records of doing the exact wrong thing, that I had multiple photos of Exxon CEO Darren Woods to choose from for...
by April Siese
98 comments
on Fri Oct 28, 2022 at 11:09 AM PDT
with 89 Recommends
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Democratic Rep. Katie Porter of California has done the never-ending yeoman’s work of explaining how our country’s economic system is fraught with inequality, corruption, and a ferocious lack of accountability. One of her most well-known practices...
by Walter Einenkel
114 comments
on Wed Oct 19, 2022 at 02:10 PM PDT
with 280 Recommends
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OPEC Plus oil production cut makes windfall profit tax even more needed. But, of course, Republicans You’ve probably heard the news that OPEC Plus is cutting production by 2 million barrels of oil a day. Whether or not Vladimir Putin and Mohammed bin Salman personally engineered this in part to make life difficult for the West in general and the Biden...
by Meteor Blades
18 comments
on Thu Oct 06, 2022 at 08:31 PM PDT
with 76 Recommends
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Los Angeles, CA - A bill requiring oil refiners to disclose their per gallon profits monthly passed out of the California Assembly by a vote of 42 - 23. The legislation has already passed out of the California Senate by a vote of 22 - 4 and goes back...
by Dan Bacher
6 comments
on Tue Aug 30, 2022 at 03:58 PM PDT
with 41 Recommends
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Profit margins are at 70 year highs. Will Congress protect consumers. "Fatter profit margins, not the rising costs of labor and materials, drove more than half of price increases in the nonfinancial corporate sector since the start of the Covid...
by annieli
4 comments
on Fri May 06, 2022 at 04:08 PM PDT
with 18 Recommends
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The emergence and rapid global spread of Omicron poses a practical question. Can our nation—and/or our species—mount an extraordinary collective effort when the enemy isn’t another human tribe? Science-fiction writers have speculated that only an...
by dratler
17 comments
on Fri Dec 17, 2021 at 02:43 PM PST
with 6 Recommends
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Infrastructure investment in Australia is at an all-time low. So is Australia’s federal government net worth and its global ranking on economic growth. Tax-free corporate profits are at an all-time high. An article published yesterday by online news...
by Alan Austin
8 comments
on Tue Sep 14, 2021 at 06:32 AM PDT
with 13 Recommends
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Australian workers have received all-time low annual wage rises over the financial year to June 2021. That is according to an article published this week by Independent Australia. Australia has always rewarded workers with steady wage increases year on...
by Alan Austin
1 comments
on Fri Aug 27, 2021 at 10:09 AM PDT
with 7 Recommends
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One segment of American society believes that our current healthcare system is the greatest in the world just the way it is and should never be changed. That segment is the profiteering health insurance industry.
by Perlinator
4 comments
on Sun Jul 18, 2021 at 09:36 PM PDT
with 6 Recommends
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The more market/profits driven capitalist elements have gained control over government over recent years, the less percentage wise has been spent on infrastructure, anti-poverty, and quality of life/social spending. The reasons are actually not hard to...
by psychusa
11 comments
on Fri Apr 02, 2021 at 07:07 AM PDT
with 7 Recommends
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CVS, Centene and Wellcare are big Republican contributors that are currently making huge OTC profits through Medicare advantage plans. It is a quagmire of facts that tie these health organizations to the Republican Party and their current OTC profits...
by dfish1534
10 comments
on Mon Jan 25, 2021 at 03:00 PM PST
with 7 Recommends
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An article published today in Australia, based on the national accounts from the Australian Bureau of Statistics (ABS), showed that the process of shifting wealth and income from the poor and middle to the rich is not just continuing but accelerating....
by Alan Austin
1 comments
on Mon Dec 07, 2020 at 05:32 AM PST
with 7 Recommends
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Variety reports that Fox News Channel will make $1.32 billion in advertising this year, far more than CNN at $773.1 million and MSNBC $723.1 million. The Fox News Channel has created a successful business model based upon producing and reinforcing...
by compassionatedemocracy
3 comments
on Tue Nov 17, 2020 at 01:37 PM PST
with 1 Recommend
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Amazon workers learned that two employees tested positive for COVID-19 yet Amazon refuses to shut down the warehouse and do a deep cleaning. Amazon Distribution Workers at 28th and Western on Chicago’s South-Side at 6:45 am April 4, 2020 staged a...
by Hyde Park Johnny
5 comments
on Sat Apr 04, 2020 at 09:26 AM PDT
with 9 Recommends
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In all of our United States of America, there is not one single state where the minimum wage is a living wage. Not one. The call to raise the minimum wage across the country to $15 an hour is not a solution; it is the least we can collectively do in...
by Walter Einenkel
187 comments
on Mon Apr 01, 2019 at 09:43 AM PDT
with 232 Recommends
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Recommended
- I just found out that some of our oldest (longest term) and dearest Kossacks have recently been laid off or resigned. Apparently It came up in the comments in the diary about the Second DK Site Maintenance. with the recent update. I just wanted to take...22 comments 71 Recs
- From the Hill tonight, 3 Democratic Senators ended up voting against the aid package since it was linked to funding Israel's Gaza war: Bernie Sanders (I-Vt.) and Jeff Merkley (D-Ore.) voted against the package. Sen. Peter Welch (D-Vt.) helped advance...54 comments 99 Recs
- Holy shit I don’t think people are ready for how big of a deal this is: The FTC voted 3 to 2 Tuesday to issue the rule it proposed more than a year ago. The new rule makes it illegal for employers to include the agreements in employment contracts and...114 comments 369 Recs
- And one I have experienced myself, personally. In fact, it forced my early retirement because I couldn’t stay awake at meetings. Trump has been observed to nod off during his Manhattan trial. Some have suggested that he may be deprived of drugs that he...147 comments 220 Recs
- The 2024 presidential election has been fraught with concern about the age of the candidates and whether that would impact their ability to endure the unique burdens of the job. President Biden has demonstrated his competence by presiding over one of...95 comments 141 Recs
- The Senate voted down a Republican filibuster attempt on the Ukraine aid package today. A final vote is expected later tonight. Bavovna Russian is served with an eviction notice. And their Chinese golf cart didn’t fare too well either. WARNING: Video...53 comments 277 Recs
- An article in the April 4 Süddeutsche Zeitung (byline Michaela Haas) talks about how the American press has reported on Donald Trump. It is truly damning. Here are a few choice excerpts. When Trump said he would pull out of NATO if elected president,...227 comments 718 Recs
- In 1927, two US Army Air Corps Majors, Henry "Hap" Arnold and Carl Spaatz, founded an airline to fly passengers and mail between Key West and Havana. The company they ambitiously called Pan American Airways lived up to its name and more. Pan Am became...45 comments 62 Recs
- JPL announced today that engineering data was successfully received from the Voyager 1 spacecraft on Saturday April 20, the first time since Nov 2023. A new set of commands were sent on Thursday to relocate some code around a failed memory chip in the...262 comments 817 Recs
- She also defied a subpoena….. But first, Trump’s apparent defense strategy: …….Trump could go scorched earth. He could deny that he ever had sex with Daniels, argue he paid her off because she was extorting him, maintain there’s nothing wrong with the...114 comments 292 Recs
- So maybe they knew this ahead of time, had some inkling, or were blindsided completely, one thing we now know is true… Stories about Rubio having a secret love child and Cruz affairs with porn stars came directly from Trump. Of course they did. How...62 comments 187 Recs
- A new Axios article details something that I’ve been thinking about for some time now: what a crazy excellent job Hakeem Jeffries has been doing as the House minority leader. In fact, Axios points out how Jeffries has emerged as Congress’ Shadow...66 comments 291 Recs
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Recent Diaries
- I just found out that some of our oldest (longest term) and dearest Kossacks have recently been laid off or resigned. Apparently It came up in the comments in the diary about the Second DK Site Maintenance. with the recent update. I just wanted to take...22 comments 71 Recs
- Trump NY criminal trial update Also: SCOTUS nixes Lake's 2022 fraud claims WI U.S. Senate candidate 'doesn't oppose' elderly voters Trump/RNC's 'election integrity' plan; AZ GOP Rep's apparent 'election fraud'... During opening statements in the...1 comments 1 Recs
- From the Hill tonight, 3 Democratic Senators ended up voting against the aid package since it was linked to funding Israel's Gaza war: Bernie Sanders (I-Vt.) and Jeff Merkley (D-Ore.) voted against the package. Sen. Peter Welch (D-Vt.) helped advance...54 comments 99 Recs
- Affordable Connectivity Act helps millions across the country pay for their internet service. Congress needs to renew it. www.adn.com/… In October, the Biden administration sent Congress a supplemental request for $6 billion to keep the program...4 comments 8 Recs
- Been feeling a bit under the weather this week, so an open thread will have to do. Hope everyone is having a good Pesach! Diarist reserves all rights to his original writing only. Community ...6 comments 13 Recs
- 14 comments 28 Recs
- David Pecker explained Today how "the Agreement" between himself and Cohen and Trump actually Worked— — This “Agreement” could be taken as synonymous with a “criminal conspiracy” to “corrupt” the 2016 election — as the prosecution described in their opening statement yesterday. The “Agreement” involved the National Enquirer taking pro-active steps to...7 comments 10 Recs
- Mitt Romney critiques Trump’s alleged extramarital affairs and hush money payments, as Donald’s autocratic delusions seep into courtroom reality. Mr. Trump’s history of creating his own reality extends far beyond the arguments that the court will hear...4 comments 23 Recs
- Here’s this week’s choices for featured nonfiction, culled from the hundreds of books published this week. Something for everyone! THIS WEEK’S NOTABLE NEW NONFICTION Minority Rule: The ...5 comments 14 Recs
- Today’s West Coast Cookbook & Speakeasy Podcast for our especially special Daily Special, Tarrytown Chowder Tuesdays is now available on the Spreaker Player! Starting off in the Bistro Cafe, a key twist in Trump's 'catch and kill' scheme will be hard...1 comments 0 Recs
- When I first started this Substack I promised myself that I wouldn’t make it all about Trump. I wanted to talk about combating systemic racism, sexism, allyship, art, writing, relationships, progressive tech and a host of other things. Still, as time...9 comments 17 Recs
- There is too much talk about hate and revenge. There are too many people threatening civility with guns and hate. There are too many death threats floating around. There is too much anger left unchecked. Will it really take someone to be killed or...3 comments 4 Recs
- Claude Monet : Trees in Bloom (1872) Good evening, Kibitzers, and a happy Passover to those celebrating! (We know you can’t be here, but perhaps you’ll wander ...102 comments 28 Recs
- In 1927, two US Army Air Corps Majors, Henry "Hap" Arnold and Carl Spaatz, founded an airline to fly passengers and mail between Key West and Havana. The company they ambitiously called Pan American Airways lived up to its name and more. Pan Am became...45 comments 62 Recs
- OK, so I don’t have a ton to say. I received a three-day timeout for what I thought was calling out antisemitic posts here, so I’m just going to ask a few questions. a) from cnn.com—www.cnn.com/… does this count as antisemitism? Is putting the word...42 comments 5 Recs
- Polls are now closed in Pennsylvania, where voters are selecting nominees for congressional and state offices. You can find our guide to the key primaries here . Results : Associated Press |38 comments 26 Recs
- The way we remember events, large and small, can have an impact that lasts a lifetime. It can affect ourselves, the way we look at and go through our lives. It can affect the decisions and lives of ...14 comments 12 Recs
- Don’t Ask, Don’t Tell (DADT) was as much an injustice to the military as it was an injustice to all the men and women who could have served with distinction if they had been allowed to do so ...1 comments 2 Recs
- My mother sent me this. I would say it is worth two minutes. Not especially funny but good for a chuckle at least.3 comments 8 Recs
- It’s been a little over a year since a former student armed with an AR-15 assault rifle and other firearms killed three 9-year-olds and three staff members at the Covenant School, a private Christian institution in Nashville, Tennessee. The shooter was...12 comments 18 Recs
