Sanders Announces Budget Committee Hearing on Corporate Greed and Profiteering

The hearing comes as high prices are squeezing working-class Americans, while corporate profits rise. As inflation rose by 7 percent in 2021, corporate profits increased by 25 percent to reach nearly $3 trillion – a record high. CEOs and shareholders are benefiting heavily from these profits; last year, S&P 500 firms spent more than $900 billion.

Rise Up Times Post Summary

$778 BILLION Military Budget Approved (military madness); Hedges and Brown: Inverted Totalitarianism, Nature of Neoliberalism; Code Pink: Cost of War at Home; Nader: Corporate Crimes in Corporate State; COP26 Fails, and more…

Democracy Now! Focus COP26 UN Climate Summit

“The richest countries are building a climate wall against the consequences of climate change rather than dealing with the causes and rather than providing the money that would enable people to stay,” says Nick Buxton, with the Transnational Institute and co-author of their new report, “Global Climate Wall: How the world’s wealthiest nations prioritise borders over climate action.”

Go to Top