Tragedy of the Commons
Tragedy of the Commons
What do the sanctions on Palestine rapporteur Francesca Albanese mean?
https://www.youtube.com/watch?v=rS29pmTF4Wk
The move comes days after she released a report exposing over 60 companies profiting from Israel’s war on Gaza, including tech giants like Google and Microsoft.
…#Federal officials are barred from making decisions that benefit the business holdings of themselves or their spouses, but that prohibition does not extend to assets held by their adult children, acc/to Richard Painter, who served as the chief White House #ethics lawyer during Republican George W. Bush’s admin.
#Privatizing #weather agencies has long been an aim of #Republicans. During #Trump’s first presidency, he signed a bill that utilized more private weather data. And #Project2025, a proposed blueprint for Trump’s 2nd presidency that was co-authored by #OMB director #RussVought, calls for #NOAA to be broken up & for the weather service to “fully commercialize its forecasting operations.”
#Trump appointees have ties to companies that stand to benefit from #privatizing #weather forecasts
As #commerce secy, #HowardLutnick oversees the US govt’s vast efforts to monitor & predict the weather.
#law #broligarchy #profiteering #BudgetCuts #MassLayoffs #NWS #NOAA #climate #NaturalDisasters #ClimateChange #ExtremeWeather #flooding #Texas
https://apnews.com/article/trump-lutnick-weather-service-privatization-conflicts-9892de853c283468e6fb970cfd898d96
Who knew #genocide could be such a profitable gig? #Chris #Hedges spills the beans on the corporations cashing in on #tragedy like it's a Black Friday sale. Maybe next they'll release a DIY genocide kit for aspiring #war profiteers.
https://chrishedges.substack.com/p/profiting-from-genocide #profits #corporate #greed #profiteering #exploitation #HackerNews #ngated
Like Father like Son. Grifters and liars, both significantly enriched by it as well
'If there’s one family that hasn’t profited off politics, it’s the Trump family,’ president’s son says in an interview’
Even someone this thick can not belie the words that come out of his arse surely? The smirk gives him away.
“Starvation and Profiteering in Gaza (w/ Francesca Albanese)
by Chris Hedges in The Chris Hedges Report on Substack
“Francesca #Albanese joins Chris Hedges to break down the current starvation campaign in Gaza, and her upcoming report detailing the profiteering corporations capitalizing on the #erasure of #Palestinians”
https://open.substack.com/pub/chrishedges/p/starvation-and-profiteering-in-gaza
The filing also discloses details of a *#NationalSecurity* [personsal enrichment scheme] agreement inked w/the Trump admin, which gives #Trump the personal authority to name a board member as well as a non-economic golden share.
The golden share gives the US govt veto authority over a raft of #corporate decisions, from idling plants to cutting production capacity & moving jobs overseas, as previewed in a weekend social media post by #Commerce Secy #HowardLutnick.
The #NipponSteel acquisition of #USSteel closed, with big role for #Trump
#profiteering #Emoluments #law #securities #SEC #ImpeachTrump
Nippon Steel's $14.9 billion acquisition of US Steel closed on Wed, the companies said, confirming an unusual degree of #power for the Trump admin after the Japanese company's 18-month struggle to close the purchase.
Under the deal terms, Nippon bought 100% of US Steel shares at $55 per share, as it first laid out in its Dec 2023….
[#Republicans loosening of #cryptocurrency #regulations] has coincided w/Trump’s family’s rapid expansion into the industry, which has made #Trump into a #crypto dealer who stands to make huge sums of money from it.
In a #policy stmnt released before the final vote, WH ofcls wrote that the bill “removes #regulatory uncertainty that has hindered *innovation & competitiveness* [#fraud & #MoneyLaundering] in the digital assets sector.”
NM: Stride Caught Misbehaving Yet Again - Stride in the new criminal organization that used to be called K12. Corporate cheaters must change their names whenever too many people know about them. https://open.substack.com/pub/curmudgucation/p/nm-stride-caught-misbehaving-yet?r=hcxf&utm_campaign=post&utm_medium=email #Profiteering
Debt is crushing the developing world
A reminder and something that has been ignore by many in the West, most governments willing to turn a blind eye to the plundering of already poor countries by the companies that they regulate.
#Trump’s latest enterprise is being developed by #Dubai real estate company #DarGlobal & will be the first Trump International Hotel in the #MiddleEast.
…The advertised “golden visa” does not specify which country it is for, but in Feb Trump announced the concept of selling a "#GoldCard" #visa for $5M potentially offering #wealthy buyers residency in the #US & granting them a pathway to #citizenship.
#Emoluments Schlemoluments
#Trump is set to expand his property #empire into #Dubai - with a new 80 story skyscraper.
Plans have been unveiled for Trump Hotel & Residences Dubai in the heart of the #UAE, measuring almost 1,150 feet with a swimming pool at the top. Prices for 2-bed apartments start at $1M & the website for the property offers free 10 year ‘golden visas’.
#law #Constitution #corruption #profiteering #geopolitics
h/t @maddad
https://www.independent.co.uk/news/world/americas/us-politics/new-trump-tower-dubai-uae-b2743611.html
While #Trump’s many merchandising opportunities have been difficult to keep up with, this endeavor was arguably the most outrageous—partly because of the rather obvious #ConflictOfInterest related to the #SEC & partly because of the brazenness of Trump’s #profiteering.
The CLC’s Adav Noti explained, “It is literally cashing in on the presidency—creating a financial instrument so people can transfer money to the president’s family in connection with his office. It is beyond unprecedented.”
“If there’s one thing we learned from the pandemic supply-chain shocks, it’s that corporate CEOs never let an emergency go to waste. Bosses, knowing that you’d been warned to expect higher prices, went ahead and jacked up their prices way over inflation, blaming it on covid, on stimulus checks, on Biden, on the phase of the moon. Blaming it on anything — except greed. That’s why we called it “excuseflation””
https://pluralistic.net/2025/04/21/trumpflation/#andrew-ferguson
"We have to change how we treat housing. It's not a speculative financial instrument but an essential piece of infrastructure for a healthy community. That means supporting policies and reforms that empower small-scale development, remove artificial barriers, and restore competition to local housing markets."
Link: https://www.strongtowns.org/journal/2025/4/16/the-rent-is-too-damn-artificial
Access to #genericmeds is a #democracy issue. #BigPharma #profiteering
#Trump has Australia’s generic #medicines in his sights. And no-one’s talking about it
"There is pressure for #Australia to emulate aspects of #US system, where #drugcos can delay generics of their #meds by 30 months. If US plays hardball on tis issue cld delay ’s access to cheaper #generic #drugs.. US #patent notification system is much more favourable to e patented drug #companies than Australia’s"
https://theconversation.com/trump-has-australias-generic-medicines-in-his-sights-and-no-ones-talking-about-it-253836