Breaking Points with Krystal and Saagar 9/26/23: Perfect Storm Economy, Debunking Auto CEO Lies, Menendez Uses Cuban Heritage, Newsom DeSantis Debate, New UFO Whistleblowers, Landmark Case For Podcasts, US Subsidizing Ukraine Businesses, EV Future, Big Pharma Corruption
Sep 26, 2023
Robert Weissman, President of Public Citizen and author of "The Corporate Sabotage of America's Future," joins the discussion on corporate corruption in America. He delves into the alarming influence of big industries like pharma and tech on governance. Key topics include the economic strains facing workers, the ethical dilemmas surrounding corruption allegations against a senator, and upcoming debates like Newsom vs. DeSantis. Additionally, they explore labor movements fighting for fair practices and the implications of U.S. subsidies for Ukraine versus domestic challenges.
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Converging Economic Pressures
- Four economic shocks may converge: auto strikes, government shutdown, student loan repayments, and rising oil prices.
- These combined pressures, along with high interest rates and existing debt, stress American finances.
Auto CEO Pay Disparity
- Auto CEOs earn over 300 times the median worker's salary.
- This disparity highlights the growing gap between executive compensation and worker wages.
Menendez's Cash Excuse
- Senator Menendez explains large cash holdings by citing his Cuban heritage.
- He claims a family history of asset confiscation in Cuba necessitates keeping cash, even though his family left Cuba before Castro's regime.
