rbreich ,
@rbreich@masto.ai avatar

The FTC found evidence that a US oil exec colluded with OPEC in 2021 and 2022 to cut production and drive up prices.

The price-fixing scam is estimated to have cost Americans an extra $2,100 per year.

When I say corporate greed is driving inflation, this is what I mean.

martlund ,
@martlund@mastodon.online avatar

@rbreich knowing this is one thing. What to DO about it is another

Itchy ,
@Itchy@mastodon.sdf.org avatar

@rbreich
In other news: https://www.realclearpolitics.com/video/2024/05/16/raskin_we_need_to_investigate_any_quid_pro_quo_trump_has_made_with_oil_companies_he_remains_a_one-man_crime_wave_.html

Lats ,
@Lats@aus.social avatar

@rbreich what’s the likelihood that the scam affected prices across the world. These jokers really have no social licence nor conscience.

decapitae ,
@decapitae@mastodon.social avatar

@rbreich 2021-2022 is just one year out of 40 that we could have been using way less fossil fuels instead of more.

https://m.youtube.com/watch?v=KbnGlcQiL1c&pp=ygUYbmFzYSBzdGlybGluZyBlbmdpbmUgY2Fy

🤷

gumpfloyd ,
@gumpfloyd@mastodon.social avatar

@rbreich The greed lords wouldn't do that would they?

lightninhopkins ,
@lightninhopkins@mastodon.social avatar

@rbreich capitalism is once again eating itself. This always happens when government is weak.

bigheadtales ,
@bigheadtales@mstdn.party avatar

@rbreich It probably also helped Republicans candidates who put their interests over Americans.

EthosEthics ,
@EthosEthics@mastodon.social avatar

@rbreich
#PrivateQuote:
"What the Market can bear," is a Ceiling; without which, Greed & Corruption find room to fester.
🤔
The Cost of Corporate Greed = the rising Cost of Living.

incoherentmumblings ,

@rbreich
There's no such thing as "corporate greed". Making as much money as possible is their only reason to exist.
The word you're looking for is "capitalism".

JoBlakely ,
@JoBlakely@mastodon.social avatar

@rbreich

What will the FTC do besides tell us we were robbed?

Mulderc ,
@Mulderc@xoxo.zone avatar

@rbreich link?

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