Robert Reich

The richest man on earth owns X.

The second richest man on earth is about to be a major owner of TikTok.

The third richest man owns Facebook, Instagram, and WhatsApp.

The fourth richest man owns The Washington Post.

See the problem here?

The richest man in the world spent more money than most of us will see in our lifetimes to lose a state Supreme Court race by 10 points.

And the fact his $25 million was a drop in the bucket compared to what he's spent on other elections is exactly why we must overturn Citizens United.

This is what oligarchy looks like.

Tesla earned $2.3 billion in the United States in 2024.

You'd think it paid a lot in taxes, right?

Well it paid precisely $0 in federal income taxes last year.

You want waste and fraud? Look at what some big corporations and the rich are getting away with.

Tesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income

This brings Tesla’s average tax rate over the past three years to 0.4 percent.

The oil industry buys off Congress. No action on climate.

The NRA buys off Congress. No action on guns.

Insurance companies buy off Congress. No action on health care.

The list goes on and on.

Money in politics is the root of our dysfunction.

A grassroots movement is calling on all Americans to abstain from shopping with major retailers tomorrow, February 28, as part of an “economic blackout.”

I encourage you to join. https://robertreich.substack.com/p/boycott

Today would be a great day to ban members of Congress and their families from trading stocks.

The richest man on earth owns X.

The second richest man on earth is about to acquire TikTok and his family could soon own both Paramount and Warner Bros.

The third richest man owns Facebook, Instagram, and WhatsApp.

The fourth richest man owns The Washington Post.

See the problem here?

Over 100,000 seats are up for grabs in 2025 — governors, mayors, city councils, state representatives, judges, school boards, and more.

Taking back our power starts now.

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“We must especially beware of that small group of selfish men who would clip the wings of the American eagle in order to feather their own nests.” -FDR, 1941

That one person can drag us into a war without consulting or even notifying Congress, or our allies, or fully explaining to the American people why this is necessary, is absolutely bonkers.

Reminder that Congress has the power to stop all of this. Where the hell are they? Hello?

Samuel Alito flew two flags used by insurrectionists.

Clarence Thomas' wife plotted to overturn the 2020 election.

Both justices refused to recuse themselves from SCOTUS cases related to the January 6th plot.

It's a stain on our nation that this has effectively been forgotten.

DOGE recommends cuts to the FAA.

Hundreds of workers get fired, including those tasked with producing air traffic navigation maps.

Now Starlink is reportedly in line to take over a $2 billion contract to upgrade the nation's air traffic control systems.

See how this works?

Just calling it like I see it.

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The richest man owns X.

The second and third richest men control Google.

The fourth richest man owns Facebook, Instagram, and WhatsApp.

The fifth richest man owns The Washington Post.

And now the sixth richest could soon take over both Paramount and Warner Bros.

See the problem here?

Netflix Backs Out of Bid for Warner Bros., Paving Way for an Ellison Takeover

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After massive public backlash, the Social Security Administration is rolling back its disastrous cuts to phone services.

This is a huge victory for the public against DOGE's rampage.

Keep up the fight.

You might have missed it, but Amazon warehouse workers in Raleigh, NC are voting this week on whether to form a union.

If they win, they'll be the first unionized Amazon facility in the South.

Remember that we can always find hope in the labor movement.

What do these corporations have in common?

Netflix
Ford
Tesla
T-Mobile
Duke Energy
DISH Network
Metlife
Dominion Energy
United States Steel

In recent years, they all paid their execs more than they paid in taxes.

This is what a corporate-rigged system looks like.

So increasing the minimum wage to a livable wage is “socialism”?

But Amazon union busting, keeping wages low, and forcing workers onto public assistance while its founder increases his net worth by $7.9M an hour is the "free market"?

Perhaps this could be a WaPo opinion piece.

Undocumented immigrants paid an effective federal income tax rate of 5.27% in 2022.

That means they paid a higher effective tax rate than 5 of the richest Americans…and a higher effective tax rate than 55 mega corporations.

So let me ask you: who are the real freeloaders?