Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

kpete

kpete's Journal
kpete's Journal
July 31, 2022

Workers are being punished for inflation. The real culprit is corporate greed

Robert Reich
Big corporations are using inflation as cover to raise prices. Yet the US Federal Reserve is raising interest rates – further hurting Americans

The US Federal Reserve is aiming its powerful firehose at the living room but it’s the forest that’s ablaze. As a result, people may drown even as their house catches fire.

This about sums up the sorry state of inflation-fighting in America.

............Big corporations are busily raising their prices because consumers have so little choice. Corporations are using inflation as cover.

Prices at the gas pump have drifted down a bit in the last month but are still eye-popping. (Here in California, I’m paying over $6 a gallon.)

At the same time, big oil has hit a gusher. Exxon just reported second-quarter profits of $17.9bn, more than three times what it earned a year ago. Chevron’s profit more than tripled to $11.6bn.

MORE:
https://www.theguardian.com/commentisfree/2022/jul/31/us-inflation-corporate-greed

July 31, 2022

Trump Event: "Tickets for the Saturday session were available on stubhub.com for as little as $1."

Small Crowds at Trump-Hosted Saudi Golf Event

Former President Donald Trump is hosting the Saudi-backed LIV Golf tournament this weekend at his New Jersey golf club but it “wasn’t exactly supercharged—light crowds were spread across much of the vast grounds here on the first day of the tournament,” the Wall Street Journal reports.
https://www.wsj.com/articles/liv-golf-trump-bedminster-saudi-arabia-11659148739?mod=mhp
“Tickets for the Saturday session were available on stubhub.com for as little as $1.”
https://politicalwire.com/2022/07/31/crowds-light-at-trump-hosted-saudi-golf-event/
https://twitter.com/TheGoodLiars/status/1553593340821651456?s=20&t=er_z3SpffhjYXOxV5841lg
July 30, 2022

WAPO Wakes: "Senate GOP Begins to Fear Party Is Too Extreme"

“Uncompromising positions and loaded rhetoric on key social issues are escalating concerns within GOP circles that the party is moving too far out of sync with popular opinion, projecting new hostility to gay people and potentially alienating women voters in high-stakes races.”

“The Supreme Court’s decision overturning Roe v. Wade and ending a nationwide right to abortion last month has spawned strict new bans and stirred fears that gay rights and access to contraception could be next — shifting the focus from other culture-war battles where Republicans felt they had a winning message.”

https://www.washingtonpost.com/politics/2022/07/30/republicans-roe-abortion-lgbt/?utm_source=rss&utm_medium=referral&utm_campaign=wp_politics

July 30, 2022

As long as this part lasts it's beautiful

"Was Manchin just playing us all along? I feel duped. That’s how a lot of us feel”

“I talked to McConnell many times. He said we’re only going to pass this Chips bill because the reconciliation bill is dead

"We are all wondering if we were completely snookered?”
https://twitter.com/JStein_WaPo/status/1553413439791546372?s=20&t=6ysVHspejUB72l2V8-4tWQ

July 30, 2022

Gaetz broke a DOJ confidentiality agreement and told Stone what was in the Mueller report.

There’s a lot of talk about Gaetz wannabe mobster talk, but the pardon promise from “the boss” isn’t the most important part of this story.

Gaetz broke a DOJ confidentiality agreement and told Stone what was in the Mueller report. That’s prosecutable.

Gaetz also spoke with Stone about redacted parts of the Mueller report that DOJ showed House Judiciary members in a secure room under a confidentiality agreement: “There was a lot on you in the full redact that came out in the skinny redact.”


New: Rep. Matt Gaetz was caught on a hot mic assuring Roger Stone that Trump would likely pardon him shortly before Stone’s criminal trial in 2019. “The boss still has a very favorable view of you … he said it directly.” https://www.washingtonpost.com/investigations/2022/07/30/roger-stone-matt-gaetz-pardon-mueller/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJzdWJpZCI6IjE5OTYyNjA0IiwicmVhc29uIjoiZ2lmdCIsIm5iZiI6MTY1OTE5MjMxMiwiaXNzIjoic3Vic2NyaXB0aW9ucyIsImV4cCI6MTY2MDQwMTkxMiwiaWF0IjoxNjU5MTkyMzEyLCJqdGkiOiI3OGQxN2Y1Zi1jY2NjLTQ5NmQtYjQ2NC05MmJmYTkyNzE2NzAiLCJ1cmwiOiJodHRwczovL3d3dy53YXNoaW5ndG9ucG9zdC5jb20vaW52ZXN0aWdhdGlvbnMvMjAyMi8wNy8zMC9yb2dlci1zdG9uZS1tYXR0LWdhZXR6LXBhcmRvbi1tdWVsbGVyLyJ9.Caf4gXA80AtOfg5N7oHueMX-t3ctozI-LhltfQWJ_n0

https://twitter.com/Angry_Staffer/status/1553387614409035776?s=20&t=UShW17Wg7a8YJNLfg_E53g

.....”After he arrived offstage adhering to his speech in the Donald J. Trump Grand Ballroom, Stone was joined backstage by Gaetz, a Trump favorite who was talking later in the afternoon. With function personnel coming and heading nearby, their conversation turned immediately to Stone’s demo and Mueller’s investigation.The Justice Office experienced publicly introduced a edition of Mueller’s ultimate report in which some sections had been redacted to guard classified information, grand jury secrecy and energetic investigations or prosecutions.Stone had questioned Jackson to purchase prosecutors to exhibit him a entire, unredacted variation of Mueller’s report. On Aug. 1, 2019, Jackson granted Stone entry to some redacted sections relating to him in Vol. 1 of the report, which centered on Russia’s interference in the 2016 election. Jackson mentioned in her ruling that most of the redacted materials in Vol. 2 — which included Trump’s alleged obstruction of justice — similar to Stone, but she declined to let him see it.The content was protected by a protecting get that barred Stone from sharing it with everyone other than his lawyers and from utilizing it “for any purpose” other than his legal defense, Jackson wrote.Backstage at AMPFest, Stone discussed the Mueller material with Gaetz in wide strokes, proclaiming that thanks to Jackson’s ruling, he’d seen “the overall unredacted report,” which he mentioned held no damaging specifics on him. It is not apparent what Stone meant by that remark......

https://news.makanany.com/business/matt-gaetz-confident-roger-stone-of-pardon-on-hot-mic-mentioned-mueller-redactions/
https://twitter.com/emptywheel/status/1553389206055034882?s=20&t=kIt1mKygxSqh-gvx-1pSbw
https://twitter.com/jonswaine/status/1553368045883629571?s=20&t=lVirmvtY2eoRblteaTVQaA
July 30, 2022

Hahaha-Lets serve this to TFG for breakfast with "lots of sweat"

Watching Trump Play Golf: Decent Drives, Skipped Putts, Lots of Sweat
The former president’s barge-ahead style and whim for scooping up shots too hard to make wouldn’t fly on the LIV Golf series, which his Bedminster club is hosting this weekend.

https://twitter.com/davidgura/status/1553106387290537984?s=20&t=-jGX0BJJcW0qsnmxv3epqA
https://www.nytimes.com/2022/07/28/sports/golf/donald-trump-liv-bedminster.html?smid=nytcore-ios-share%20https://www.nytimes.com/2022/07/28/sports/golf/donald-trump-liv-bedminster.html?referringSource=articleShare

Profile Information

Member since: Fri Sep 17, 2004, 03:59 PM
Number of posts: 71,978
Latest Discussions»kpete's Journal