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Senate Hearing on Corporate Greed and Inflation

It is exceedingly rare for a major congressional committee to hold hearings on “corporate greed” leading to corporate profiteering and surging prices on consumer goods. On April 5, 2022, Senate Budget Chairman, Senator Bernie Sanders (I-VT) chartered uncensored territory on corporate avarice with a lead witness, former Secretary of Labor, Robert Reich, now a professor at the University of California, Berkeley.

Although the hearing covered bread and butter issues, the mainstream corporate media ignored it. Massive coverage of the war in Ukraine does not offend advertisers, while the corporate war on consumers directly involves corporate advertisers.

Corporate greed takes hundreds of thousands of American lives every year (think the opioid disaster, the tobacco cancer business, the toxins in the air and water), not to mention injuries and illnesses stemming from corporations that put extra profit over concerns about public health and safety.

However, at the Senate hearing, Sanders chose to focus on the economic exploitation of consumers. Here is his introductory remark:

— source nader.org | Ralph Nader | Apr 8, 2022

Nullius in verba


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