Robert Reich
@rbreich.bsky.social
Berkeley professor, former Secretary of Labor. Co-founder of @inequalitymedia.bsky.social and @imcivicaction.bsky.social. Substack: http://robertreich.substack.com Buy my new book: https://sites.prh.com/reich Visit my website: https://rbreich.com/
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There's no excuse for the Vice President of the United States to use a heinous killing as an occasion to baselessly frame political opponents as accomplices to murder while threatening to use the power of the government to attack them. This dangerous rhetoric will only fan the flames.
The 400 richest Americans are now worth a record $6.6 trillion, after getting $1.2 trillion richer over the past year alone. Meanwhile, the rest of the country is getting squeezed by tariffs and high prices for groceries, utilities, and health care. The system is broken.
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Trump's Truth Social is launching a crypto-based gambling service to compete with Polymarket. This comes as Trump is deregulating crypto and letting it reach its tentacles into financial institutions — enriching himself at the public's expense. https://youtu.be/gpCxV-cRY4o?si=EdTStYPNG0BeN5dj
Amazon just announced 14,000 layoffs. Its CEO made over $40M last year. UPS announced 48,000 layoffs. Its CEO made over $24M last year. Intel announced 20,000 layoffs. Its new CEO's pay package is valued at nearly $69M. This is what I mean when I say the system is rigged.