Nonilex , to random
@Nonilex@masto.ai avatar

Lots of attention lately on NYT OpEd by Jeffrey Sonnenfeld who just coined the brilliant phrase on : “

Dr. Sonnenfeld is the president of the Yale Chief Exec Leadership Institute.

“Recent headlines suggest that our nation’s leaders are embracing … .

That is far from the truth.


https://www.nytimes.com/2024/06/23/opinion/ceo-trump-republican-support.html?unlocked_article_code=1.2U0.AZ73.SrWLXL-CBEs8&smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb

Nonilex OP ,
@Nonilex@masto.ai avatar

back in FEBRUARY, TIME published a piece:

'It’s Misguided to Say That Are Warming to . Here’s Why'

“…even after the collapse of Trump’s advisory councils in Aug 2017, triggered by the exits of ’s Kenneth C. Frazier, ’s Bob Iger, & ’s Paul Polman, among others horrified by Trump’s kind words to the at a rally.

wdlindsy , to random
@wdlindsy@toad.social avatar

"Donald Trump continues to pose as a hero of the working class who will fight for average working people. He is not, of course. He is a stooge of the moneyed interests."

~ Robert Reich

#
/1

https://robertreich.substack.com/p/biden-must-welcome-their-hatred

wdlindsy OP ,
@wdlindsy@toad.social avatar

"Which makes it doubly important for Biden to channel FDR a week from tonight and speak the truth — that only once before, 88 years ago, have the moneyed interests been so united against one candidate as they stand today against Joe Biden.

They hate Biden — and Biden should welcome their hatred."

#
/2

wdlindsy OP ,
@wdlindsy@toad.social avatar

"Former President Donald Trump on Tuesday said that business executives and shareholder representatives should 'be 100% behind' him or face termination.

'Business Executives and Shareholder Representatives should be 100% behind Donald Trump! Anybody that’s not should be FIRED for incompetence!,' the former president wrote in a post on his social media website, Truth Social."

~ Zoë Richards

#
/3

https://www.nbcnews.com/politics/2024-election/trump-says-business-executives-fired-incompetence-dont-support-rcna157800

wdlindsy , to random
@wdlindsy@toad.social avatar

"The Business Roundtable is an association of more than 200 CEOs of America’s biggest corporations, their most powerful voice in Washington.

Last Wednesday, its chair, Joshua Bolten, told reporters that his group planned to drop 'eight figures' while 'putting its full weight behind protecting and strengthening tax reform.'"


/1

https://robertreich.substack.com/p/trump-and-the-business-greedtable

wdlindsy OP ,
@wdlindsy@toad.social avatar

"Translated: It’s going to pour money into Trump’s campaign to ensure that Trump’s 2017 tax cuts — most of which benefit big corporations and the rich — don’t expire in 2025, as scheduled.

On Thursday, Trump met at the Business Roundtable’s Washington headquarters with over 80 CEOs, including Apple’s Tim Cook, JPMorgan Chase’s Jamie Dimon, and Walmart’s Doug McMillon."

Why does NYTimes relentlessly attack Biden? 👆🏼👆🏼👆🏼👆🏼👆🏼


/2

wdlindsy OP ,
@wdlindsy@toad.social avatar

"Trump reportedly promised the CEOs he’d cut corporate taxes even further and curtail business regulations if elected president. ...

The greedy cynicism of America’s corporate elite is now on full display."


/3

Nonilex , to random
@Nonilex@masto.ai avatar

told the approximately 80 in attendance, including ’s Tim Cook, ’s Jamie Dimon, ’s Jane Fraser & ’s Brian Moynihan, that he would cut the rate, currently at 21%, to 20%, because “it’s a round number.”

CEO Steven Bandrowczak, Inc. President Richard Dixon & CEO Bill Rogers were also spotted.

https://www.forbes.com/sites/saradorn/2024/06/13/trump-promises-tax-cuts-at-business-roundtable-with-ceos-including-apples-tim-cook-and-jp-morgans-jamie-dimon/

wdlindsy , to random
@wdlindsy@toad.social avatar

"We’re seeing this pattern across much of the economy — especially with groceries. ...

They can get away with overcharging you because they have monopoly power — or they have so few competitors that they can easily coordinate price increases with them and avoid price decreases."


/2

wdlindsy , to random
@wdlindsy@toad.social avatar

Where are the record corporate profits coming from? Your thinning wallets. …

Corporate profits are near a record high.

Inflation is dropping, but prices aren’t coming down because corporations have enough monopoly power to keep prices high."

~ Robert Reich


/1

https://robertreich.substack.com/p/corporate-soaring-profits-are-from

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