Reposted by Robert Reich
If you haven’t already, please consider following @inequalitymedia.bsky.social and @imcivicaction.bsky.social — organizations I co-founded to help counter myths and disinformation about the economy and politics.
I expect our team to be posting here more actively in the coming months.
I expect our team to be posting here more actively in the coming months.
November 12, 2024 at 7:45 PM
If you haven’t already, please consider following @inequalitymedia.bsky.social and @imcivicaction.bsky.social — organizations I co-founded to help counter myths and disinformation about the economy and politics.
I expect our team to be posting here more actively in the coming months.
I expect our team to be posting here more actively in the coming months.
Reposted by Robert Reich
Trump is reportedly looking to shrink the FDIC and consolidate it into other govt agencies.
The FDIC was created during the Depression to protect bank deposits.
This would come after Trump and DOGE shuttered the CFPB, which protects us from financial fraud.
See the pattern?
The FDIC was created during the Depression to protect bank deposits.
This would come after Trump and DOGE shuttered the CFPB, which protects us from financial fraud.
See the pattern?
February 13, 2025 at 5:35 PM
Trump is reportedly looking to shrink the FDIC and consolidate it into other govt agencies.
The FDIC was created during the Depression to protect bank deposits.
This would come after Trump and DOGE shuttered the CFPB, which protects us from financial fraud.
See the pattern?
The FDIC was created during the Depression to protect bank deposits.
This would come after Trump and DOGE shuttered the CFPB, which protects us from financial fraud.
See the pattern?
Reposted by Robert Reich
Today I’d like to honor unsung heroes whose courage in the face of the Trump takeover of America deserves our profound thanks. They are public servants who have chosen to fight rather than submit to Trump’s treachery. https://robertreich.substack.com/p/profiles-in-courage
February 13, 2025 at 4:41 PM
Today I’d like to honor unsung heroes whose courage in the face of the Trump takeover of America deserves our profound thanks. They are public servants who have chosen to fight rather than submit to Trump’s treachery. https://robertreich.substack.com/p/profiles-in-courage
Reposted by Robert Reich
Yesterday it was revealed that the Trump administration is expected to purchase $400 million worth of armored Tesla vehicles.
After the story broke, the State Department's procurement document removed mention of Tesla.
"Transparency."
After the story broke, the State Department's procurement document removed mention of Tesla.
"Transparency."
February 13, 2025 at 4:32 PM
Yesterday it was revealed that the Trump administration is expected to purchase $400 million worth of armored Tesla vehicles.
After the story broke, the State Department's procurement document removed mention of Tesla.
"Transparency."
After the story broke, the State Department's procurement document removed mention of Tesla.
"Transparency."
Reposted by Robert Reich
Reposted by Robert Reich
the only way to save civilization is to make the government stop the investigations into my company and start giving it a bunch of money instead
February 13, 2025 at 12:05 AM
the only way to save civilization is to make the government stop the investigations into my company and start giving it a bunch of money instead
Reposted by Robert Reich
Reposted by Robert Reich
This fight will not be easy.
What we're dealing with now is one of the worst stress tests our nation has ever endured.
But I believe that we will survive.
Do not descend into despair.
What we're dealing with now is one of the worst stress tests our nation has ever endured.
But I believe that we will survive.
Do not descend into despair.
We Can (And Must) Keep Up The Fight
This fight will not be easy. What we're dealing with now is one of the worst stress tests our nation has ever endured. But I believe that we will survive. Do not descend into despair.
www.youtube.com
February 13, 2025 at 1:00 AM
This fight will not be easy.
What we're dealing with now is one of the worst stress tests our nation has ever endured.
But I believe that we will survive.
Do not descend into despair.
What we're dealing with now is one of the worst stress tests our nation has ever endured.
But I believe that we will survive.
Do not descend into despair.
Reposted by Robert Reich
On Abraham Lincoln's 216th birthday, it's worth listening to this important warning he gave us back in 1838. Does any of this sound familiar to you?
www.youtube.com/shorts/s2WcV...
www.youtube.com/shorts/s2WcV...
A Timely Warning From Abraham Lincoln
YouTube video by Robert Reich
www.youtube.com
February 13, 2025 at 12:06 AM
On Abraham Lincoln's 216th birthday, it's worth listening to this important warning he gave us back in 1838. Does any of this sound familiar to you?
www.youtube.com/shorts/s2WcV...
www.youtube.com/shorts/s2WcV...
Reposted by Robert Reich
When Trump took office, the NLRB had 24 separate investigations into Musk’s corporations for violating workers’ rights.
But presto...Trump fired three officials at that agency, effectively stalling the board's ability to rule on cases.
See how this works?
But presto...Trump fired three officials at that agency, effectively stalling the board's ability to rule on cases.
See how this works?
Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up
Government investigations into Mr. Musk’s companies are stalling amid President Trump’s firings and Biden administration resignations.
www.nytimes.com
February 12, 2025 at 11:00 PM
When Trump took office, the NLRB had 24 separate investigations into Musk’s corporations for violating workers’ rights.
But presto...Trump fired three officials at that agency, effectively stalling the board's ability to rule on cases.
See how this works?
But presto...Trump fired three officials at that agency, effectively stalling the board's ability to rule on cases.
See how this works?
Reposted by Robert Reich
Thousands of investors in Trump’s crypto scheme lost $2 billion in just weeks while the Trump Organization racked up $100 million in trading fees.
Just so happens that the CFPB, which Trump is trying to kill, recently announced new regulations for the crypto industry.
Hello?
Just so happens that the CFPB, which Trump is trying to kill, recently announced new regulations for the crypto industry.
Hello?
Trump and His Family Earned Millions From Trump Coin While 810,000 Others Lost Money: Report
Donald Trump and early investors have earned millions from $TRUMP coin while 813,294 wallets have registered $2 billion in collective losses.
www.rollingstone.com
February 12, 2025 at 10:00 PM
Thousands of investors in Trump’s crypto scheme lost $2 billion in just weeks while the Trump Organization racked up $100 million in trading fees.
Just so happens that the CFPB, which Trump is trying to kill, recently announced new regulations for the crypto industry.
Hello?
Just so happens that the CFPB, which Trump is trying to kill, recently announced new regulations for the crypto industry.
Hello?
Reposted by Robert Reich
Cost of extending the expiring Trump tax cuts for the rich: $4.6 trillion
Cost of cutting corporate tax rate to 15%: $1 trillion
Both Trump proposals will explode the deficit and be used as an excuse to gut programs that millions rely on.
It's reverse Robin Hood.
Cost of cutting corporate tax rate to 15%: $1 trillion
Both Trump proposals will explode the deficit and be used as an excuse to gut programs that millions rely on.
It's reverse Robin Hood.
February 12, 2025 at 9:15 PM
Cost of extending the expiring Trump tax cuts for the rich: $4.6 trillion
Cost of cutting corporate tax rate to 15%: $1 trillion
Both Trump proposals will explode the deficit and be used as an excuse to gut programs that millions rely on.
It's reverse Robin Hood.
Cost of cutting corporate tax rate to 15%: $1 trillion
Both Trump proposals will explode the deficit and be used as an excuse to gut programs that millions rely on.
It's reverse Robin Hood.
Reposted by Robert Reich
On Monday, USAID's IG warned that Trump's agency cuts have made it harder to root out fraud and abuse — and that nearly $500M in food was about to spoil due to Trump's foreign aid freeze.
On Tuesday, Trump fired him.
So much for transparency.
On Tuesday, Trump fired him.
So much for transparency.
USAID IG fired day after report critical of impacts of Trump administration’s dismantling of the agency | CNN Politics
The inspector general of the US Agency for International Development was fired on Tuesday, a day after his office released a report critical of the Trump administration’s efforts to dismantle the agency, a source familiar with the matter told CNN.
www.cnn.com
February 12, 2025 at 7:45 PM
On Monday, USAID's IG warned that Trump's agency cuts have made it harder to root out fraud and abuse — and that nearly $500M in food was about to spoil due to Trump's foreign aid freeze.
On Tuesday, Trump fired him.
So much for transparency.
On Tuesday, Trump fired him.
So much for transparency.
Reposted by Robert Reich
You cannot make this up.
DOGE's crusade isn't about government efficiency. It's about making Elon Musk richer at your expense.
DOGE's crusade isn't about government efficiency. It's about making Elon Musk richer at your expense.
🚨BREAKING: While targeting federal education contracts, Elon Musk just scored a new deal for more government cash, according to documents reviewed by The Lever.
The new "supplemental agreement" adds millions to SpaceX's already huge $3.9 billion deal.
The new "supplemental agreement" adds millions to SpaceX's already huge $3.9 billion deal.
Musk Just Scored More Government Cash While Pushing Education Cuts
As the billionaire was reportedly slashing Education Department contracts, SpaceX secured a multimillion-dollar “supplemental” deal from NASA.
buff.ly
February 12, 2025 at 6:00 PM
You cannot make this up.
DOGE's crusade isn't about government efficiency. It's about making Elon Musk richer at your expense.
DOGE's crusade isn't about government efficiency. It's about making Elon Musk richer at your expense.
Reposted by Robert Reich
At least six independent inspectors general fired by Trump all have one thing in common: their agencies investigated Elon Musk's corporations.
Musk's crusade against the government isn't about "waste" or "efficiency."
It's about shielding himself from accountability.
Musk's crusade against the government isn't about "waste" or "efficiency."
It's about shielding himself from accountability.
February 12, 2025 at 5:06 PM
At least six independent inspectors general fired by Trump all have one thing in common: their agencies investigated Elon Musk's corporations.
Musk's crusade against the government isn't about "waste" or "efficiency."
It's about shielding himself from accountability.
Musk's crusade against the government isn't about "waste" or "efficiency."
It's about shielding himself from accountability.
Reposted by Robert Reich
Major cuts to programs that millions rely on, all to finance another round of tax cuts that will disproportionately benefit the wealthy and big corporations.
Another reminder that we have socialism for the rich, harsh capitalism for the rest.
Another reminder that we have socialism for the rich, harsh capitalism for the rest.
The House GOP plan calls cut taxes by $4.5 trillion - partially offset by more than $1 trillion in cuts to Medicaid & SNAP
So they wanna do a giant tax cut that disproportionately helps the rich while taking away people's health insurance and food while still adding trillions to the debt.
So they wanna do a giant tax cut that disproportionately helps the rich while taking away people's health insurance and food while still adding trillions to the debt.
February 12, 2025 at 5:20 PM
Major cuts to programs that millions rely on, all to finance another round of tax cuts that will disproportionately benefit the wealthy and big corporations.
Another reminder that we have socialism for the rich, harsh capitalism for the rest.
Another reminder that we have socialism for the rich, harsh capitalism for the rest.
Reposted by Robert Reich
When Trump was sworn in, Elon Musk's corporations were under more than 32 investigations conducted by at least 11 federal agencies.
Most of the cases are now closed or likely to be closed soon, and the federal agencies are being defanged by DOGE.
Funny how that works, huh?
Most of the cases are now closed or likely to be closed soon, and the federal agencies are being defanged by DOGE.
Funny how that works, huh?
February 12, 2025 at 3:55 PM
When Trump was sworn in, Elon Musk's corporations were under more than 32 investigations conducted by at least 11 federal agencies.
Most of the cases are now closed or likely to be closed soon, and the federal agencies are being defanged by DOGE.
Funny how that works, huh?
Most of the cases are now closed or likely to be closed soon, and the federal agencies are being defanged by DOGE.
Funny how that works, huh?
Reposted by Robert Reich
I can tell you that the vast majority of civil servants I’ve had the honor of working with are dedicated and hardworking.
For the richest person in the world to be given a bully pulpit in the Oval Office to impugn their integrity is beyond shameful. https://robertreich.substack.com/p/fraud
For the richest person in the world to be given a bully pulpit in the Oval Office to impugn their integrity is beyond shameful. https://robertreich.substack.com/p/fraud
Fraud and Musk
Friends,
robertreich.substack.com
February 12, 2025 at 3:21 PM
I can tell you that the vast majority of civil servants I’ve had the honor of working with are dedicated and hardworking.
For the richest person in the world to be given a bully pulpit in the Oval Office to impugn their integrity is beyond shameful. https://robertreich.substack.com/p/fraud
For the richest person in the world to be given a bully pulpit in the Oval Office to impugn their integrity is beyond shameful. https://robertreich.substack.com/p/fraud
Reposted by Robert Reich
Office Hours: What the hell are they really aiming to do?
Friends,
robertreich.substack.com
February 12, 2025 at 9:30 AM
Reposted by Robert Reich
Reposted by Robert Reich
Never forget that Trump was the culmination of 40 years of stagnant wages, widening inequality, corruption, dog-whistle politics, and economic gains for the rich.
If we fail to address this, we should expect future Trumps as far as the eye can see.
If we fail to address this, we should expect future Trumps as far as the eye can see.
The Big Picture: How We Got Into This Mess, And How We Get Out of It | Robert Reich
I’ve been in or around politics for over a half-century now. I’ve watched as corporations ransacked our system. In 1952, the corporate share of federal tax revenue was 32%. In 2020, it was down to 7%. Here’s how we break the corporate oligarchy and return power to the people. Watch More: What's the Real American Story? ►► https://youtu.be/vvCtwDAQta0 For more videos like these, be sure to subscribe. If you'd like to support our work, you can do so here: www.inequalitymedia.org/donate Follow Robert Reich: Facebook: facebook.com/RBReich Twitter: twitter.com/RBReich Instagram: instagram.com/rbreich/
www.youtube.com
February 12, 2025 at 1:00 AM
Never forget that Trump was the culmination of 40 years of stagnant wages, widening inequality, corruption, dog-whistle politics, and economic gains for the rich.
If we fail to address this, we should expect future Trumps as far as the eye can see.
If we fail to address this, we should expect future Trumps as far as the eye can see.
Reposted by Robert Reich
Since taking office, Trump has:
-Fired 17 inspectors general and the government ethics director
-Halted anti-bribery enforcement abroad
-Dismantled the CFPB
-Put a corporate lobbyist in charge of the DOJ
"Drain the swamp."
-Fired 17 inspectors general and the government ethics director
-Halted anti-bribery enforcement abroad
-Dismantled the CFPB
-Put a corporate lobbyist in charge of the DOJ
"Drain the swamp."
February 11, 2025 at 9:00 PM
Since taking office, Trump has:
-Fired 17 inspectors general and the government ethics director
-Halted anti-bribery enforcement abroad
-Dismantled the CFPB
-Put a corporate lobbyist in charge of the DOJ
"Drain the swamp."
-Fired 17 inspectors general and the government ethics director
-Halted anti-bribery enforcement abroad
-Dismantled the CFPB
-Put a corporate lobbyist in charge of the DOJ
"Drain the swamp."
Reposted by Robert Reich
Trump's spending freeze isn't just about defunding programs he doesn't like.
It's a deliberate play to overturn 50 years of precedent and give himself even more power.
It's a deliberate play to overturn 50 years of precedent and give himself even more power.
Trump's Impoundment Power Grab Explained
YouTube video by Robert Reich
youtube.com
February 12, 2025 at 12:39 AM
Trump's spending freeze isn't just about defunding programs he doesn't like.
It's a deliberate play to overturn 50 years of precedent and give himself even more power.
It's a deliberate play to overturn 50 years of precedent and give himself even more power.
Reposted by Robert Reich
Connect the dots...
-Tech barons express interest in launching financial transaction apps
-Trump's company announces it will sell a crypto fund
-Trump shutters the CFPB, which recently proposed supervising payment apps the same way as banks
Pure corruption.
-Tech barons express interest in launching financial transaction apps
-Trump's company announces it will sell a crypto fund
-Trump shutters the CFPB, which recently proposed supervising payment apps the same way as banks
Pure corruption.
Trump’s biggest corruption yet
Friends,
robertreich.substack.com
February 12, 2025 at 12:00 AM
Connect the dots...
-Tech barons express interest in launching financial transaction apps
-Trump's company announces it will sell a crypto fund
-Trump shutters the CFPB, which recently proposed supervising payment apps the same way as banks
Pure corruption.
-Tech barons express interest in launching financial transaction apps
-Trump's company announces it will sell a crypto fund
-Trump shutters the CFPB, which recently proposed supervising payment apps the same way as banks
Pure corruption.
Reposted by Robert Reich
DOGE's chaos isn't preventing waste — it's causing it. www.theguardian.com/us-news/2025...
Nearly $500m of food aid at risk of spoilage after Trump USAid cuts
US government auditors find cuts have ‘degraded USAid’s ability to distribute and safeguard humanitarian assistance’
www.theguardian.com
February 11, 2025 at 11:43 PM
DOGE's chaos isn't preventing waste — it's causing it. www.theguardian.com/us-news/2025...