Posts Tagged ‘robert reich’

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Robert Reich: Stock Price Taxpayer

Posted by admin on Monday, June 29, 2020

Robert Reich Money Quote saying Drug development funded by taxpayers is contributing to the Gilead bottom line profit. Robert Reich said:
 
the drug was developed with a $37.5 million grant from the federal government paid for by the taxpayers. Once again, Big Pharma is set to profit on the taxpayer's dime Quote
 

“As Gilead’s stock price rises on reports of remdesivir, remember that the drug was developed with a $37.5 million grant from the federal government paid for by the taxpayers. Once again, Big Pharma is set to profit on the taxpayer’s dime” — Robert Reich

 
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Robert Reich: Trump Tax Shafted

Posted by admin on Saturday, March 7, 2020


 
The [Trump] tax cut cost approximately  trillion dollars in lower taxes paid by corporations and wealthy Americans. Revenue did not increase to cover it. Instead, that  trillion has been added to the national debt, which continues to balloon. It's now over 3 trillion dollars Quote
 

“The [Trump] tax cut cost approximately $2 trillion dollars in lower taxes paid by corporations and wealthy Americans. Revenue did not increase to cover it. Instead, that $2 trillion has been added to the national debt, which continues to balloon. It’s now over $23 trillion dollars” — Robert Reich

 
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They said the [Trump] tax cut would raise wages and most workers would get an immediate ,000 pay increase. More baloney. Most workers got practically nothing. Instead, corporate profits have gone to the top: to CEOs, who last year got an average pay increase of over  Million dollars Quote
 

“They said the [Trump] tax cut would raise wages and most workers would get an immediate $4,000 pay increase. More baloney. Most workers got practically nothing. Instead, corporate profits have gone to the top: to CEOs, who last year got an average pay increase of over $1 Million dollars” — Robert Reich

 
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Robert Reich: 100’s of Millions $ to D.C.

Posted by admin on Friday, January 13, 2017

Robert Reich Money Quote saying corporate wealth and wealthiest Americans are able to buy influence in Washington D.C. with political cronies and overpower the wishes of the American Public. Robert Reich said:

Big corporations and the richest 1% of Americans have poured hundreds of millions of dollars into Washington, purchasing enormous political influence and drowning out the voice of average Americans
— Robert Reich

Robert Reich: Rich Deserve Their Wealth

Posted by admin on Friday, October 14, 2016

Robert Reich Money Quote saying many folks believe that the wealthy deserve their riches because they work really hard, most rich people inherited their wealth. Robert Reich said:

Commonly believed, especially among Republicans, that the rich deserve their wealth because they work harder than others. In reality, a large and growing portion of the super-rich have never broken a sweat. Their wealth has been handed to them
— Robert Reich

Robert Reich: Can’t Solicit Foreign Donations

Posted by admin on Wednesday, August 10, 2016

Robert Reich Money Quote saying Trump needs to stop seeking foreign campaign donations because it is against the law to do so. He’s also been actively soliciting campaign funds from officials of foreign governments — in the United Kingdom, Iceland, Australia and elsewhere.Robert Reich said:

Someone should let Trump know it’s illegal for candidates for federal office to solicit foreign money, regardless of whether the donations ever materialize
— Robert Reich

Reich continues, “In addition, foreign individuals, corporations and governments are barred from either giving money directly to U.S. candidates or spending on advertising to influence U.S. elections.”

Robert Reich: Invisible Digital Dollars

Posted by admin on Tuesday, August 9, 2016

Robert Reich Money Quote saying he’s concerned over cryptocurrencies effect on campaign contributions from overseas sources seeking to influence foreign policy. Robert Reich said:

The biggest threats to American sovereignty are invisible digital dollars wired into U.S. election campaigns from abroad
— Robert Reich

Robert Reich: Suck Up Big Money for PACs

Posted by admin on Friday, August 5, 2016

both the DNC & RNC are intended to vacuum up money from the wealthy and corporations on Wall Street Money Quote saying . both the DNC & RNC are intended to vacuum up money from the wealthy and corporations on Wall Street. Robert Reich said:

The Democratic National Committee – like the Republican National Committee – has become little more than a giant machine designed to suck up big money from wealthy individuals, lobbyists, bundlers and corporate and Wall Street PACs
— Robert Reich

Robert Reich: Top-Heavy Capitalism

Posted by admin on Thursday, July 21, 2016

Robert Reich Money Quote saying financilization of business creates a bias toward the wealthy at the top. Robert Reich said:

We are lurching toward a capitalism so top-heavy it cannot be sustained
— Robert Reich

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