Data Highlights ‘Egregious’ Pandemic Profiteering by US Food and Oil Giants

Posted at https://www.commondreams.org/news/2022/02/01/data-highlights-egregious-pandemic-profiteering-us-food-and-oil-giants On the eve of a congressional hearing on corporate price hikes, a new analysis shows that “companies are hiding behind the pandemic and supply chain disruptions as an excuse to gouge consumers.” JAKE JOHNSON February 1, 2022 … Continued

Sign Petition: No Pandemic Profiteering by Big Pharma

From Moms Rising (https://www.momsrising.org/): It’s outrageous. Taxpayers are funding 100% of Moderna’s COVID-19 vaccine project, but they recently announced to investors that the company will be setting the highest price yet for a COVID-19 vaccine. [1] That’s right: they want … Continued

Oxfam America Calls for Tax on ‘Pandemic Profiteers’ to Fund Covid-19 Recovery and the Common Good

Posted at https://www.commondreams.org/news/2020/07/22/oxfam-america-calls-tax-pandemic-profiteers-fund-covid-19-recovery-and-common-good Published on Wednesday, July 22, 2020 by Common Dreams “Taxing excess profits during a crisis is an old idea whose time has come again.” By Julia Conley, staff writer A demonstrator holding a “People Over Profit” sign … Continued

‘Grotesque’: While 41 Million People Lost Jobs Due to Covid-19, US Billionaires Grew Nearly $500 Billion Richer

posted in: COVID-19, Uncategorized | 0

Posted in https://www.commondreams.org/news/2020/05/28/grotesque-while-41-million-people-lost-jobs-due-covid-19-us-billionaires-grew-nearly Published on Thursday, May 28, 2020 by Common Dreams “Billionaire wealth is surging at the same time that millions face suffering, hardship, and loss of life. This is a grotesque indicator of the deep inequalities in U.S. … Continued