Corporations have hidden obscene price increases behind the inflation, affecting products from food to gas and raking in record profits. And unlike small businesses who could be prosecuted for price gouging during times of crisis, limited competition means there are no real market forces to stop the huge ones. But those profits are not enough for America’s oligarchs…
They are also demanding that Congress give them a new round of tax breaks before year’s end that could cost $100 billion over one year and up to $600 billion over 10 years―their true goal.
While our Capitol was being attacked, Trump’s team was auctioning off oil and gas leases in the ANWR. – Comments due tonight by 11:59 pm EST!
Image: Polar bear sow and cubs. Photo by Steven Kazlowski. Video is from August 21, 2020, before the lease sales.
(Sorry, everyone. Our attention was wholly taken earlier by Georgia and yesterday by the riot in Washington DC. Make a comment as quickly as you can!)Here’s where we are: “Trump administration officials auctioned off oil and gas leases in Alaska’s Arctic National Wildlife Refuge on Wednesday (yesterday), capping Republicans’ decades-long quest to drill in one of the nation’s most vast unspoiled wild places. The move marks one of the most significant environmental rollbacks the president has accomplished in his term.“
…While a 2017 law (IV: The Trump Tax Scam!) compels the government to auction another several hundred thousand acres by the end of 2024, the incoming administration may be able to overturn that requirement now that Democrats have won control of the Senate in the wake of Tuesday’s runoff elections in Georgia.