Stuart Jeanne Bramhall's Blog: The Most Revolutionary Act , page 523
August 22, 2022
Fauci to Step Down in December
Posted BY: RM | NwoReport
Dr. Anthony Fauci on Monday announced that he will be stepping down in December from his positions as director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to the president.
He said he plans “to pursue the next chapter of my career.”
“After more than 50 years of government service, I plan to pursue the next phase of my career while I still have so much energy and passion for my field,” he said in a statement. “I want to use what I have learned as NIAID Director to continue to advance science and public health and to inspire and mentor the next generation of scientific leaders as they help prepare the world to face future infectious disease threats.”
[…]
Via https://nworeport.me/2022/08/22/dr-fauci-to-step-down-in-december/
Pakistan: Imran Khan supporters prevent police from arresting him
Imran Khan addressed a rally at the weekend at which he criticised the police’s detention of an aide.
Press TVSupporters of former Pakistani Prime Minister Imran Khan gathered around his home on Monday to prevent police from arresting their leader, who has been charged under anti-terror laws.
Hundreds of supporters of the cricketer-turned-politician assembled outside his hilltop mansion in the capital city of Islamabad on Monday, vowing to “take over” if he was arrested.
However, Khan has now been granted pre-arrest bail until Thursday.
Since being ousted from power in April in what he and his supporters have repeatedly blamed on a “US regime change plot”, Khan has been a vocal critic of the government and the powerful military.
On Sunday Islamabad police issued an arrest warrant against Khan for allegedly threatening police officials and a judicial magistrate under sections of the anti-terrorism act.
The cricketer-turned-politician reportedly accused authorities of torturing his close aide, who is himself being detained under sedition charges.
Khan’s political allies warned on Monday that arresting him would amount to crossing a “red line”.
“If Imran Khan is arrested … we will take over Islamabad with people’s power,” a former minister in his cabinet, Ali Amin Gandapur, threatened on Twitter, as some party leaders urged supporters to prepare for mass mobilization.
Khan said in his speech on Sunday that he was being censured for not condoning the ruling coalition government which had voted him out of power.
He has also said that he “would not spare” Islamabad’s police chief and a judge for issuing a warrant, arresting and torturing one of his close aides on sedition charges.
Khan’s aide had called on lower and middle ranks of the military to defy orders from the top brass.
Last month, Khan’s Pakistan Tehreek-e-Insaaf (PTI) party won the by-elections in the country’s most populous province, Punjab, dealing a heavy blow to the government led by Pakistan Muslim League-Nawaz (PML-N) incumbent Prime Minister Shehbaz Sharif on his home turf.
PTI’s thumping win in Punjab is seen as a popularity test for Khan, whose government was dismissed by a no-confidence vote in April.
The use of anti-terrorism laws for leveling court cases against political leaders is common in Pakistan. Pakistani law experts claim that expressing public threats against officials put their lives at stake, and actually amounted to threatening the state, so that the anti-terrorism charges apply.
Khan’s aide, Fawad Chaudhry, told reporters outside an Islamabad court that the party had applied for bail for its leader ahead of his arrest.
Press TV’s website can also be accessed at the following alternate addresses:
[…]
Via https://www.presstv.ir/Detail/2022/08/22/687824/Pakistan-Islamabad-Khan-Barricade-Arrest
August 21, 2022
Fauci Now Performing Gain-of-Function on the Spanish Flu
Photo by CDC on UnsplashBy Tom Renz
This will be short because it really does not need much comment. In fact, this is so absurd that I am just starting with the reference document because I am concerned no one will believe it. Here it is:
[image error]
Spanish Flu Gof2.12MB ∙ PDF FileYes, that is right, Fauci and crew are now actively performing gain-of-function (GoF) work and infecting primates with the Spanish Flu. For those of you that are unaware, GoF does not have a single agreed upon definition but, as it relates here, is essentially the modification of the Spanish Flu virus to make “more functional.” In this case, as with COVID, I have little doubt the GoF supporters will argue that this is not GoF but the article actually notes that this disease was created in canine kidneys with supplemental bovine serum.
[…]
I frankly do not care to debate the nuance of whether the recreation of generally extinct virus “generated by reverse genetics” using pieces and parts of other animals qualifies as GoF; what I care about is that we have recreated the Spanish Flu and are experimenting with it on other animals. I also care that one focus of this article is the fact that scientists are frustrated that the recreated Spanish Flu is not dangerous enough. We do not have to get far in this to see this frustration. At the beginning of the article in the summary of its importance this statement is made:
Here, we demonstrate that even at the highest doses tested, 1918 influenza was not lethal in these two macaque species, suggesting that they are not ideal for the development and testing of novel pandemic influenza-specific vaccines and therapies. Therefore, other physiologically relevant nonhuman primate models of pandemic influenza are needed.
At this point I am preparing to release the results of a major investigation we have been undertaking at Renz Law that will demonstrate that SARS-COV2 was in fact created in the Wuhan labs as part of a GoF project. We believe the investigation demonstrates this in a way that far exceeds a preponderance of the evidence standard and probably exceeds reasonable doubt. With that in mind, and given the result of the the previous coronavirus GoF, can ANYONE possibly argue GoF work on the Spanish Flu is a good idea? Even the simple recreation of the disease demonstrates an incredible lack of respect for the disaster created by the coronavirus GoF.
So you may be asking, what moron could possibly be oblivious enough to support GoF work on the Spanish Flu while the world is still dealing with the nightmare that is COVID? The answer should not be surprising and is here:
Mable Chan,ᵃ Meenakshi Tiwary,ᵇ,ᶜ Helen L. Wu,ᵇ,ᶜ Nikesh Tailor,ᵃ Robert Vendramelli,ᵃ Jonathan Audet,ᵃ Bryce M. Warner,ᵃ Kevin Tierney,ᵃ Alix Albietz,ᵃ Thang Truong,ᵃ Kaylie Doan,ᵃ Alexander Bello,ᵃ Marnie Willman,ᵃ Bryan D. Griffin,ᵃ,ᵈ Patrick W. Hanley,ᵉ Jamie Lovaglio,ᵉ David Safronetz,ᵃ,ᶠ Jim Strong,ᵃ,ᶠ Jonah B. Sacha,ᵇ,ᶜ Darwyn Kobasaᵃ,ᶠ
a. Special Pathogens, National Microbiology Laboratory, Public Health Agency of Canada, Winnipeg, Manitoba, Canada
b. Vaccine and Gene Therapy Institute, Oregon Health & Science University, Portland,
c. Oregon, USA Oregon National Primate Research Center, Oregon Health & Science University, Portland, Oregon, USA
d. Vaccine Safety Surveillance, Immunization Branch, Public Health Agency of Canada, Ottawa, Ontario, Canada
e. Rocky Mountain Veterinary Branch, Division of Intramural Research, National Institute of Allergy and Infectious Diseases, National Institutes of Health, Hamilton, Montana, USA
f. Department of Medical Microbiology and Infectious Diseases, University of Manitoba, Winnipeg, Manitoba, Canada
So, NIH and NIAID are involved. Apparently Fauci does not mind what he did with funding the creation of COVID and is at it again. You might also note the vaccine development crew’s involvement. A foundational point in this article is that the newly recreated Spanish Flu is not dangerous enough. Here is a pull-quote:
However, 1918 influenza was uniformly nonlethal in these two species, demonstrating that this isolate is insufficiently pathogenic in rhesus and Mauritian cynomolgus macaques to support testing novel prophylactic influenza approaches where protection from severe disease combined with a lethal outcome is desired as a highly stringent indication of vaccine efficacy.
This means that these people are arguing that we need to make a more dangerous version of the Spanish Flu so they can make “better” vaccines for it… despite the fact that until they recreated it, it likely no longer existed in nature. Much like with COVID, these snake oil salesmen create the disease and then create the cure. Given the complete failure and innumerable dangers of the COVID jabs, the real question is whether the cure will be worse than the disease?
For my part I find the fact that I am even writing this article to be incredible. In this election year I sincerely hope that this article is put in front of every elected official in Washington and they are asked to explain how this is continuing on their watch.
[…]
Via https://tomrenz.substack.com/p/fauci-is-now-performing-gain-of-function
World Economic Forum: There Are “Rational” Reasons to Microchip Your Child
NWO Report
Posted BY: America First Report
“As scary as chip implants may sound, they form part of a natural evolution that wearables once underwent. Hearing aids or glasses no longer carry a stigma,” the blog post reads. “They are accessories and are even considered a fashion item. Likewise, implants will evolve into a commodity.”
It wasn’t that long ago that those speculating on a future where this is happening would get dismissed as conspiracy theorists, but now the world elites’ most vocal outlet is predicting that chip implants will eventually become just a commodity.
And the WEF makes a case that implanting chips into children could be viewed by parents as a “solid, rational” move. All of this crops up in a blog post on the organization’s website dedicated to the future of augmented reality (AR), and what is referred to as “an augmented society.”
Like in many of WEF’s other takes on the future of various types of technology, the emphasis is put on inserting the “right,” i.e., its own “vision” in the direction these should be developing, with the inevitable mention of undefined society stakeholders who will hold the key to the ethics issue of it all.
The WEF is talking up the allegedly broad usefulness of AR going forward in fields such as healthcare, education, and professional settings, with the underpinning notion of providing guidelines as to how to “ethically” regulate this vast potential power – and therefore, when all’s said and done, control it.
The WEF calls AR and similar tech transformative – but in need of “the right support, vision, and audacity.”
Once again it isn’t at all clear why “audacity” is thrown in, unless it is a euphemism to sell some pretty outrageous “visions” that the WEF is expressing, such as replacing drugs with brain implants that will manipulate the body with electrical pulses, and pairing all sorts of chips put into humans through surgery, with sensors one might find in a chair.
And so, with the human and the chair “seamlessly integrated,” the quality of life across the board shoots up, the Davos-based group promises.
“As scary as chip implants may sound, they form part of a natural evolution that wearables once underwent. Hearing aids or glasses no longer carry a stigma,” the blog post reads. “They are accessories and are even considered a fashion item. Likewise, implants will evolve into a commodity.”
But critics of these trends say their opposition has nothing to do with “stigmas” – rather with serious concerns about civil rights, privacy, and the very concept of human autonomy.
[…]
Great Ideas of the Zhou: Later Confuscianism
Episode 8: Great Ideas of the Zhou: Later Confucianism
Foundations of Eastern Civilization
Dr Craig Benjamin (2013)
Film Review
In this lecture, Benjamin talks at length about two of Confucianism’s earliest devotees, Mencius (372 – 289 BC) and Xunxi (312 – 221 BC).
The last 500 years of the Zhou Dynasty (1046-221 BC) is variously known as the Period of the 100 Schools, the Spring and Autumn period and the Golden Age of Chinese philosophy. During this era of continual civil war, Confucianism, Legalism and Daoism were the most important of these philosophical schools.
Following the death of Confucius in 471 BC, his disciples copied and widely circulated the five texts he identified as essential for educating teachers and rulers (see Great Ideas of the Zhou: Confucianism). In the process, numerous subschools of Confucianism emerged, specializing in specific Confucian precepts.
Like Confucius, the Confucian scholar Mencius traveled between China’s warring states seeking a political appointment. Unsuccessful he, too, was forced to take on private students to support himself. With a special interest in political theory, he taught the basic role of the state was to facilitate human interactions. Because the state existed to benefit the people it ruled, this gave them the right to overthrow or even murder a tyrannical king. He also taught that that people were born good and corrupted through life experience, unless this was circumvented by study, reflection, education and dedication to the four Confucian virtues (Great Ideas of the Zhou: Confucianism).
Xunzi was one of China’s first professional educators. Teaching at the Jixia Academy in Qi, he also believed bad rulers should be deposed. He taught that human beings were born evil (greedy, lazy and lustful) but had the potential to improve themselves through education and self-reflection. An agnostic, he didn’t believe in life after death and taught that heaven and nature were oblivious to human rituals. He was one of the first Chinese scholars to oppose using natural signs to foretell the future.
Film can be viewed free with a library card on Kanopy.
August 20, 2022
Did you know? 6 years ago, Putin initiated a program to eliminate pesticides and genetically engineered crops from Russia’s fields.
Existential Nothingness
Six years ago, Putin initiated a program to eliminate pesticides and genetically engineered crops from Russia’s fields.
Monsanto had planned to open its first plant in Russia, but in June 2016 Russia’s State Duma adopted a government bill banning the cultivation and breeding of genetically modified plants and animals, except as used for scientific research purposes.
A few weeks later, Putin signed federal law No. 358 prohibiting cultivation of genetically engineered crops. The law also made it illegal to breed genetically engineered animals on the territory of the Russian Federation.
Putin had said he envisioned a future in which Russia would become “the worlds largest supplier of ecologically clean and high-quality organic food.”
He called on the country to become completely self-sufficient in food production: “We are not only able to feed ourselves taking into account our lands, water resources; Russia is able to become the largest world supplier of healthful, ecologically clean and high-quality food which the Western producers have long lost, especially given the fact that demand for such products in the world market is steadily growing”.
https://t.me/LauraAbolichannel[…]Via https://existentialnothingness.wordpress.com/2022/08/20/did-you-know-part-2-six-years-ago-putin-initiated-a-program-to-eliminate-pesticides-and-genetically-engineered-crops-from-russias-fields/Ukraine Using Chemical Warfare Agent Against Russian Soldiers
Free Ukraine Now
From Strategic Stability
Report 129. Kiev used CWA against Russian troops
Russian soldiers in Ukraine hospitalized with severe chemical poisoning by AFU. Traces of the Botulinum toxin Type B have been discovered in the troops, Russian Defense Ministry says on August 20, 2022.
Botulinum toxin as chemical warfare agent or CWA, often called the “miracle poison,” is one of the most toxic biological substances known to science. Produced by the Clostridium botulinum bacteria, it blocks the release of the acetylcholine neurotransmitter, causing muscle paralysis.
Botulinum toxin poses a major threat as a bioweapon due its ease of production and distribution, and the high fatality rate resulting from poisoning. Recovery is only possible after a lengthy period of intensive care.
It is an “organic poison of artificial origin.” It has been discovered in samples taken from the servicemen, the Russian MoD said, accusing Kiev of conducting “chemical terrorism.”
The Russian troops were “hospitalized with signs of severe poisoning” after being stationed near the village of Vasilyevka in Zaporozhye Region on July 31, the statement said. “The Zelensky regime has authorized terrorist attacks with the use of toxic substances against Russian personnel and civilians” following a string of military defeats in Donbass and other areas, the ministry noted.
So, besides “nuclear terrorism” launched by Kiev against Ukrainian NPPs, and “anti-personnel mines terrorism” used by Kiev against civilians in Donbass, there appeared one more type of terrorism pursued by Ukrainian leaders – a chemical one.
Moscow plans to send laboratory tests from the soldiers to the Organization for the Prohibition of Chemical Weapons (OPCW).
No, doubt the USA, NATO, the EU, and the UNO will turn a blind eye to such inhuman acts prohibited by the international CW Convention.
[…]
Finally, One Honest Doctor Comes Forward to Report the Death and Devastating Injuries Linked to the COVID-19 Vaccine
The Second Smartest Guy in the World
It’s really that bad. I believe the COVID-19 vaccine is clearly the worst medical experiment and health care disaster in history. The results are all around us. Just tune in to the news. Or sports. Or TMZ. Celebrities, athletes, even doctors are dropping dead left and right — in numbers never seen in history.
If you don’t believe me, why not ask the life insurance executives? They’re reporting deaths up anywhere from 20% to 40% since the vaccines debuted. These are non-COVID-19 deaths. This is a number never seen in history. Even during World War II, deaths were not up by 20% to 40% across the USA. Not even close.
Recently, I reported on my personal experience. So many of my friends and even wedding guests (from just this past November) are dead, dying or very sick. It’s a cluster of cancer, heart attacks, strokes and serious illness — but only among the vaccinated. No one I know who is unvaccinated is sick. Not one person.
Then just days ago, I reported on seven doctors who died suddenly in Canada in a 14-day period. All not just vaccinated, but based on Canadian mandates, almost certainly quadruple vaccinated. Included in that remarkable list are five dead doctors — all young — who died within just a few days of one another in one city: Toronto.
But the real issue is the ones who aren’t dead from the COVID-19 vaccine but are injured and/or disabled. They’ll be vulnerable to pain, misery and poverty for the rest of their lives.
Based on what a “trusted source” just disclosed to me, we are in for a world of trouble. A credible doctor has come forward. He/she wants to remain anonymous, for fear of losing his/her medical license for telling the truth about vaccine injuries.
Let’s call this doctor Dr. Smith. Let’s say he practices on the East Coast. As a podiatrist his practice is over 60% older (65 years old and above). Dr. Smith believes about 95% of his patients are vaccinated. The results are devastating.
The unvaccinated patients are fine — no major illness or problems. But Dr. Smith says over 80% of the vaccinated patients are very sick since vaccination.
What is Dr. Smith seeing? First, the vaccinated are dying off. Second, he’s seeing heart attacks, strokes and blood clots in incredible numbers. Third, they’re getting rare and advanced (stage 4) forms of cancer. Many of his patients were in cancer remission, but suddenly post-vaccine the cancer has come roaring back — except now it’s spread everywhere in their bodies. He used to see skin cancer once or twice a month; now he sees it several times a week. Thyroid cancer has skyrocketed — and he reports that it’s always diagnosed after they get the booster jab.
They’re suffering terrible neurological disease, such as Parkinson’s disease. They’re experiencing terrible shingles outbreaks. They’re suffering serious intestinal issues like colitis and diverticulitis.
Other strange issues he has never seen before: So many of his patients are experiencing terrible eye issues. One patient went suddenly blind in one eye while driving. He’s also seeing more elderly patients experiencing falls than ever before.
After hip or knee replacement, Dr. Smith’s patients used to recover quickly. Now if they’re vaccinated, they often experience terrible postoperative complications and need to be hospitalized.
After seeing or hearing about all these injuries, Dr. Smith always asks, “What’s changed? Are you doing anything different? Are you on any new medications?” The answer is always, “Nothing new, but I just got my COVID-19 booster shot.”
Then there’s the issue of aging. Dr. Smith’s older patients have aged horribly, literally overnight — since being vaccinated. They feel it and say it themselves. They say, “I’m falling apart.” “I’ve aged so badly in the past year. I feel like I’m 100 years old.” “What’s happening? I feel so old. Nothing in my body works anymore.” But everything worked fine one year ago. They were aging slowly and beautifully. What changed so radically? They were vaccinated. It’s been all downhill since.
Finally, just today one of Dr. Smith’s older patients announced his 4-year-old great granddaughter has cancer. He was devastated. Dr. Smith asked, “Was she vaccinated?” The patient replied, “Yes, why do you ask?”
No one gets it. It’s as if everyone is brain-dead, clueless, delusional or brainwashed. The signs are everywhere. How many of you know someone who was vaccinated and died or suffered a bad illness soon thereafter?
We all do.
[…]
Via https://2ndsmartestguyintheworld.substack.com/p/finally-one-honest-doctor-comes-forward
August 19, 2022
Why, After 7 Decades, Don’t We Have Proof that Vaccines Provide More Benefit than Risk?
Whether you are a healthcare professional, a parent of a young child or someone who wishes to productively engage in the vaccine debate sweeping the world today, this book is a must-read.
In 2019, a remarkable book, “Turtles All The Way Down: Vaccine Science and Myth,” was published in Israel. The book, originally written in Hebrew, is a comprehensive examination of the evidence behind the assertion that vaccines are safe and effective.Though it might easily have been lost to obscurity, the book gained initial acclaim when the leading medical journal in Israel, Harefuah (“Medicine”), gave it a positive review.
Writing in the September 2019 issue of Harefuah, two senior academic criminologists, Nati Ronel and Eti Elisha, “found the book to be well-written, serious, scientific and important” offering “a comprehensive view of the issue.”
“Turtles All The Way Down: Vaccine Science and Myth” became the first book critical of vaccines to have ever received a positive review from a mainstream medical journal.
Criticism of Ronel and Elisha came quickly from the medical establishment, but as Mary Holland, editor of the book and Children’s Health Defense president and general counsel states in the book’s foreword:
“Their appraisal of the book still stands today, unscathed: in the three years since its (Hebrew) publication, no medical or medical science professional has succeeded in refuting the book’s claims.”
The reason the information offered in the book has yet to be refuted is simple. The book’s 1,200+ citations reference only mainstream scientific journals and health agencies like the Centers for Disease Control and Prevention (CDC), the U.S. Food and Drug Administration (FDA) and the World Health Organization.
An attack on the book is ultimately an attack on the medical establishment itself.
The book was recently published in English and has been available since July 2022.
If you wish to productively engage in the vaccine debate that is sweeping the world today, this book is a must-read.
Turtles and COVID-19
Had “Turtles All The Way Down” received its deserved attention from the international medical community when it was written one year prior to the COVID-19 pandemic, the world may very well have avoided the predicament that we are in today.
Nevertheless, the book is still relevant. Rather than enumerating the obvious failures of the current COVID-19 vaccine campaigns, “Turtles All The Way Down” instead offers a compelling explanation of why we should have predicted the vaccines’ failure from their inception — but didn’t.
I am a doctor and have trained at some of the finest institutions in the U.S. Yet I didn’t know much about mRNA technology or vaccines in general in the summer of 2020.
In other words, I was like most doctors. We knew how vaccines worked in principle and we had, at one point in our education, memorized the recommended vaccination schedule for children.
When the CDC announced that the Pfizer formulation met and exceeded minimum efficacy requirements for Emergency Use Authorization, I witnessed our nation breathe a sigh of relief.
I also witnessed colleagues gleefully planning their visits to vaccination clinics to receive this gift of modern medicine.
None of my colleagues were interested in the results of the trial. Nor were they curious enough to know why our health authorities were so confident in their assessment.
When the results of Pfizer’s multicenter trial of its BNT162b2 mRNA vaccine were published in the New England Journal of Medicine (NEJM), it was obvious that there were more questions than answers, at least to the discerning amongst us.
According to the NEJM, yes, the trial data indicated that the “vaccine” had a calculated efficacy of 90% in preventing severe disease — but that was only for a matter of weeks and only if measured from the point of maximum efficacy (two weeks after the second dose).
Moreover, only 10 participants out of approximately 40,000 got severe COVID-19 (nine of whom received the placebo). That meant about 2,500 people had to be vaccinated to prevent a single case of severe COVID-19.
Six of every 1,000 recipients were deemed to have had a reaction that was an imminent threat to their life or limb, needed hospitalization or surgical intervention and/or ended up with a permanent disability.
Why would the public accept a treatment that would result in 15 serious adverse events for every case of severe COVID-19 it prevented?
And what about all of the suspicious withdrawals from the trials? Why did 5 times more vaccine recipients get pulled out of the trial within seven days of getting the second dose compared to those who got the placebo?
What happened to these 311 volunteers and why were they excluded from the trial soon after getting the second dose (VRBPAC Memorandum, Table 2)?
Surely the FDA would ask some hard questions. But it didn’t. Neither did anyone else I knew. Not my friends, my neighbors nor my fellow physicians.
Why on Earth wasn’t anyone asking any questions??
The explanation is rooted in unquestioned beliefs deeply held by our society regarding Western medicine and its apparent winning record against diseases that have historically exacted devastating tolls on our species.
The COVID-19 vaccines were presumed to be an enormous success because vaccines have been regarded by many as the best contribution of modern medicine to humanity. Vaccines have a powerful mystique. They don’t cure illness, they prevent it. They keep us healthy!
And we know they work because such things like polio don’t exist anymore (at least not around here anyway). They are obviously safe, otherwise we wouldn’t be injecting them into human beings from the time they are only a few hours old (Hep B), would we?
[…]Via https://childrenshealthdefense.org/defender/turtles-all-the-way-down-vaccine-science-myth/Big Food Marking Up Prices ‘Again and Again’ Amid Huge Profits, Shareholder Handouts
By Accountable.US Several major food producers — including Sysco, Kellogg’s, Starbucks and Chipotle — have raised consumer prices while posting record revenues, huge profits and billions in shareholder handouts, according to a new analysis by a government watchdog group.
Following the release of the Labor Department’s latest Consumer Price Index report, a new analysis from government watchdog Accountable.US outlines the record revenues, increased profits, and billions of dollars in shareholder handouts from several major food producers that have raised prices on consumers — including Sysco, Kellogg’s, Starbucks, and Chipotle.The report comes as the U.S. House considers President Biden’s widely popular Inflation Reduction Act that would lower costs for families and seniors by reducing the deficit and ensuring greedy corporations pay their fair share in taxes.
Recent polling shows four in five Americans believe corporations being greedy and raising prices to make record profits is a cause of inflation, including a majority of Americans that believe it is a “major cause.”
The analysis is the latest in a series from Accountable.US documenting how blatant pandemic profiteering and corporate greed — including from the big meatpacking, shipping, retail, clothing, food, trucking and railroad companies — are making inflation and supply chain problems worse for everyday consumers.
Billion-dollar industries are compounding the problem by rewarding those in Congress that obstruct common sense measures to curb corporate greed, lower costs for families, and ensure tax fairness — no matter how widely the public supports the initiatives.
According to Liz Zelnick, spokesperson for Accountable.US:
“Big food has been among the most opportunistic industries during the economic recovery, marking up prices again and again on families well beyond any new outside cost of doing business. The industry’s eye-popping earnings reports tell the real story.
“The same corporations that trumpet massive new profits and giveaways to their wealthy investors suggest they somehow had no choice but to inflate prices so high. Their CEOs did have a choice, and they chose greed.
“The food industry’s hunger for record high profits has come at the unreasonable expense of everyday families. It’s another reason why Congress must finish the job on the Inflation Reduction Act that curbs costs and ensures profiteering corporations finally pay their fair share.”
Key findings from the report:
Sysco — Which passed along 13.4% in increased costs to its customers in November 2021 — recently reported a 237.5% increase In quarterly earnings and a 159% increase in yearly earnings as the company spent $1.5 Billion on shareholder handouts compared to just $608.7 Million in net capital expenditures for the year.The Kellogg Company — Which has been raising prices since the second half of 2020 — recently raised its forecast for full-year earnings after its net sales increased to over $3.8 Billion and the cereal giant spent $300 Million on stock buybacks and an additional $394 Million on shareholder dividends in the first half of 2022.Starbucks — Whose interim CEO Howard Schultz touted its “pricing power” and ability to raise prices by 5% year over year on its customers — saw record quarterly revenues of nearly $8.2 Billion as the coffee giant spent over $4 Billion on stock buybacks and an additional $1.7 Billion on shareholder dividends during the first three quarters of its fiscal year 2022.Kraft Heinz — Which has raised prices by nearly 14% since 2019 — saw its 2022 second-quarter net income jump drastically by 1,136% to $265 Million — as the food giant spent $980 Million on shareholder dividends in the first six months of 2022 alone.Chipotle — Which announced additional price increases planned for August after previously raising prices on consumers — recently announced a 38.2% increase in second-quarter net income as well as increases in company and store-level operating margins, allowing the company to spend $261.1 Million on stock buybacks and approve an additional $300 Million in future buybacks.[…]
Via https://childrenshealthdefense.org/defender/big-food-price-hikes-profits-shareholder-handouts/
The Most Revolutionary Act
- Stuart Jeanne Bramhall's profile
- 11 followers
