Political Quotes

“Madam President, at a time of massive and growing income and wealth inequality, the American people are outraged at the unprecedented level of corporate greed that is taking place all around them. Today, while the working class of this country is struggling with higher gas prices, higher food prices, and higher housing prices, the billionaire class and large corporations are doing phenomenally well and, in fact, have never ever had it so good. In the United States today, while the average worker is making $44 a week less in inflation-accounted-for dollars than he or she made nearly 50 years ago, corporate profits are at an alltime high, and CEOs have seen huge increases in their compensation packages. We have never seen in this country the level of corporate greed that we are seeing right now--unprecedented. Now, let me just give you a few examples. While the price of gas has soared--it is now $4.25 a gallon on average--ExxonMobil, Chevron, BP, and Shell made nearly $30 billion in profit last quarter alone--just last quarter. Meanwhile, Big Oil CEOs are on track to spend $88 billion this year--not to produce more oil, not to address the crisis of climate, but to buy back their own stock and hand out dividends to enrich their wealthy stockholders. Here is more corporate greed. In fact, it is never-ending.…”