The NRA buys off Congress. No action on guns. The oil industry buys off Congress. No action on climate. Insurance companies buy off Congress. No action on health care. Pharma buys off Congress. No action on drug prices. Money in politics is the root of our dysfunction.

ExxonMobil announced a record-smashing $56 billion in profits last year, up by over 140% from 2021. That amounts to $6.3 million in profit every hour — more than $100,000 every minute. We need a windfall profits tax. Now.

Socialism is a scare word they've hurled at every advance the people have made. Socialism is what they called public power, social security, deposit insurance, and independent labor organizations. Socialism is their name for anything that helps all people. —Harry Truman, 1952

Chevron recently announced a $75 billion stock buyback program. They’re not alone. Corporate America spent ~$1 trillion on buybacks last year. The same corporations telling us they have no choice but to raise prices are simultaneously spending huge sums enriching shareholders.

Happy Friday. Trickle-down economics is a cruel hoax. Cruel because it's used by the super-rich to avoid paying their fair share of taxes. A hoax because nothing has ever trickled down.

The world’s billionaires lost $1.9 trillion in 2022. Their collective net worth now sits at ~$11.9 trillion. Still think they can’t afford a wealth tax?

When Republicans are in power, they rack up giant deficits, mainly by cutting taxes on corporations and the wealthy. Then when Democrats take the reins, Republicans blame them for being big spenders. It’s always the same story.

By 2018, the 400 wealthiest American families paid a lower total tax rate – including federal, state and local taxes – than the bottom 50% of American households. Their overall tax rate that year was only 23%. It had been 70% in 1950. This is what oligarchy looks like.

The richest 1% took home nearly twice as much wealth as the rest of the world put together over the past two years. Folks, this is what oligarchy looks like.

The Fed raised interest rates again. That’s the eighth consecutive hike. They say even more are coming. This puts workers and consumers on the frontline of fighting inflation. But corporations largely responsible for driving up prices get away scot-free. It's outrageous.