Ralph welcomes Heidi Shierholz, president of the Economic Policy Institute, to break down the budget bill passing through Congress that is the largest transfer of wealth from the poor and working-class to the wealthy in United States history. Then, insurance expert, Robert Hunter returns to discuss the recent rise in auto insurance rates.
Heidi Shierholz is the president of the Economic Policy Institute, a nonprofit, nonpartisan think tank that uses the power of its research on economic trends and on the impact of economic policies to advance reforms that serve working people, deliver racial justice, and guarantee gender equity. In 2021 she became the fourth president EPI has had since its founding in 1986.
We've never seen a budget that so plainly takes from the poor to give to the rich… The nonpartisan Congressional Budget Office found that lower and lower middle-income people will actually lose out. They may get something of a tax break, but they lose benefits. So that on net, their after-tax income will be lower after this bill, while the rich just make out like bandits.
Heidi Shierholz, President of the Economic Policy Institute
The draconian cuts that we are seeing to the safety net are not big enough, because the tax increases are so huge that this bill also increases the deficit dramatically.
Heidi Shierholz
Many folks are calling this the MAGA Murder Bill. They're not wrong. People will die because of the cuts that we're seeing here.
Heidi Shierholz
Robert Hunter is the Director Emeritus of Insurance at the Consumer Federation of America. He has held many positions in the field, both public and private, including being the Commissioner of Insurance for the State of Texas being the President and Founder of the National Insurance Consumer Organization and served as United States Federal Insurance Administrator.
Decide how much you need. Don't ask for more than you really need. And then once you have it, “I need this much for my car. I need this much if I hit somebody” and so on. And then you get that statistic, and you send it out to several companies and get quotes.
Robert Hunter on buying auto insurance
There isn't any program benefiting the American people that Trump is not cutting in order to turn the country over to the giant corporations and the super-rich. It's basically an overthrow of the government and an overthrow of the rule of law.
Ralph Nader
News 6/6/25
1. On May 23rd, the Trump administration Department of Justice officially announced it had reached an agreement with Boeing to drop its criminal case against the airline manufacturer related to the 2018 and 2019 crashes that killed 346 people, NPR reports. The turnover at the federal government in recent years has prolonged this case; the first Trump administration reached a deferred prosecution agreement with Boeing in 2021, but prosecutors revived the criminal case under President Biden, and as NPR notes, “Boeing agreed last year to plead guilty to defrauding regulators, but a federal judge rejected that proposed plea deal.” Just before the deal was reached, Senators Elizabeth Warren and Richard Blumenthal penned a letter calling on the DOJ not to “allow [Boeing] to weasel its way out of accountability for its failed corporate culture, and for any illegal behavior that has resulted in deadly consequence,” but this was clearly ignored. Paul Cassell, a law professor at the University of Utah and former federal judge who, according to NPR, is representing the families of victims for free, said, “This kind of non-prosecution deal is unprecedented and obviously wrong for the deadliest corporate crime in U.S. history…My families will object and hope to convince the court to reject [the deal]."
2. That same day, Trump signed a new executive order to “cut down on regulations and fast-track new licenses for [nuclear] reactors and power plants,” per Reuters. According to the wire service, “Shares of uranium mining companies Uranium Energy…Energy Fuels…and Centrus Energy…jumped between 19.6% and 24.2%” following this announcement. Sam Altman-backed nuclear startup Oklo gained 23.1%. The administration’s new interest in the nuclear industry is spurred in part by increased demand for energy as, “power-hungry data centers dedicated to artificial intelligence and crypto miners plug into the grid.” The nuclear industry is also expected to retain many tax incentives stripped away from green energy initiatives in the so-called Big Beautiful Bill.
3. In yet another instance of the Trump administration going soft on corporate greed, the Republican-controlled Federal Trade Commission has dismissed their case against PepsiCo. As the AP explains, “The lawsuit…alleged that PepsiCo was giving unfair price advantages to Walmart at the expense of other vendors and consumers,” citing the 1936 Robinson-Patman Act, which bans companies from “using promotional incentive payments to favor large customers over smaller ones.” Current FTC Chair Andrew Ferguson called the case a “dubious partisan stunt,” in a press release. Former Chair Lina Khan however, called the dismissal “disturbing,” and wrote, “This lawsuit would’ve protected families from paying higher prices at the grocery store and stopped conduct that squeezes small businesses and communities across America. Dismissing it is a gift to giant retailers as they gear up to hike prices.”
4. Instead of utilizing the federal regulatory apparatus to protect consumers and the public, the Trump administration instead continues to weaponize these institutions to target progressive groups. According to Axios, the FTC is “investigating…Media Matters over claims that it and other media advocacy groups coordinated advertising boycotts of Elon Musk's X.” As this report notes, “X [formerly Twitter] sued Media Matters for defamation in 2023 for a report it publicly released that showed ads on X running next to pro-Nazi content. X claimed the report contributed to an advertiser exodus.” While it seems unlikely the social media platform could prevail in such a suit, the suit has effectively cowed the advertising industry, with the World Federation of Advertisers dismantling their Global Alliance for Responsible Media just months after the suit was filed. Media Matters president Angelo Carusone is quoted saying, “The Trump administration has been defined by naming right-wing media figures to key posts and abusing the power of the federal government to bully political opponents and silence critics…that's exactly what's happening here…These threats won't work; we remain steadfast to our mission.”
5. On Thursday, Representative Alexandria Ocasio-Cotez endorsed State Assemblyman Zohran Mamdani in his bid for Mayor of New York City, POLITICO reports. This endorsement came the morning after the first mayoral primary debate, a rollicking affair featuring nine candidates and including a testy exchange in which the moderators disregarded their own rules to press Mamdani to say whether he believed in “a Jewish state of Israel?” Mamdani responded that he believed Israel has a right to exist “as a state with equal rights.” This from the Times of Israel. In her endorsement, AOC wrote “Assemblymember Mamdani has demonstrated a real ability on the ground to put together a coalition of working-class New Yorkers that is strongest to lead the pack…In the final stretch of the race, we need to get very real about that.” Ocasio-Cortez said she would rank Adrienne Adams, Brad Lander, Scott Stringer and Zellnor Myrie in that order after Mamdani.
6. Turning to Palestine itself, the Times of Israel reports notorious Biden State Department spokesman Matthew Miller admitted in an interview that, “It is without a doubt true that Israel has committed war crimes” in Gaza. While Miller stops short of accusing the Israeli government of pursuing “a policy of deliberately committing war crimes,” and repeats the tired canard that Hamas resisted ceasefire negotiations, he admits that the Biden administration “could have done [more] to pressure the Israeli government to agree to…[a] ceasefire.” Hopefully, Miller’s admission will help crack the dam of silence and allow the truth to be told about this criminal military campaign.
7. Even as Miller makes this admission, the merciless bombing of Palestinians continues. The Guardian reports “On Sunday, at least 31 Palestinians were killed after Israeli forces opened fire at the site of a food distribution centre in Rafah…On Monday, another three Palestinians were killed by Israeli fire at the same site…And on Tuesday, 27 people were killed after Israeli forces opened fire again, say Gaza officials.” This report continues, citing UN human rights chief, Volker Türk, who said on Tuesday that “Palestinians in Gaza now faced an impossible choice: ‘Die from starvation or risk being killed while trying to access the meagre food that is being made available.’” Türk added that by attacking civilians, Israel is committing yet more war crimes.
8. Some high-profile activists are taking direct action to deliver food to Gaza. Democracy Now! reports 12 activists aboard The Madleen, part of the Freedom Flotilla Coalition, have departed from the Italian port of Catania. This group includes Swedish climate activist Greta Thunberg, actor Liam Cunningham, and Rima Hassan, a French member of the European Parliament. Despite the previous ship being targeted by a drone attack, Thunberg is quoted saying “We deem the risk of silence and the risk of inaction to be so much more deadly than this mission.” Threats to the flotilla continue to pour in. South Carolina Republican Senator Lindsey Graham tweeted, “Hope Greta and her friends can swim!” In Israel itself, IDF spokesman Brigadier General Effie Defrin ominously stated “we will act accordingly," per FOX News.
9. In more foreign policy news, Gareth Gore – a Washington Post reporter and author of Opus, an exposé of the shadowy Opus Dei sect within the Catholic Church – reports Pope Leo has given Opus Dei six months to “pass comprehensive reforms” and has told the group that if significant changes are not made by December, “necessary measures will be taken.” Gore further reports that in addition to the reforms, “[Pope] Leo has also demanded an investigation into abuse allegations…[including] human trafficking, enslavement…[and] physical and psychological abuse of members.” According to Gore, the reforms were first ordered by Pope Francis in 2022, but “Opus Dei dragged its feet – in the hope the pope would pass away first.” Upon his death, Pope Francis had been on the, “cusp of signing into canon law a huge reform of Opus Dei.” The Vatican was also moving to force a vote on a revised Opus Dei constitution, which was, “quietly cancelled” within hours of Francis’ death. Perhaps most tellingly, Gore reports “The Vatican has privately reassured Opus Dei victims who have long campaigned for justice that they ‘won’t be disappointed’”
10. Finally, a political earthquake has occurred in South Korea. Listeners may remember the failed coup attempt by right-wing former President Yoon Suk Yeol, which culminated in his ouster and could ultimately lead to a sentence of life in prison or even death. Now, the country has elected a new president, Lee Jae-myung, by a margin of 49.4% to 41.2%. Lee, who leads Korea’s Democratic People’s Party, has “endured a barrage of criminal indictments and an assassination attempt,” since losing the last presidential election by a margin of less than 1 per cent, per the Financial Times. Lee is a former factory worker who campaigned in a bulletproof vest after surviving being knifed in the neck last year. The FT notes “Lee…grew up in poverty and suffered [a] permanent injury at the age of 13 when his arm was crushed in a machine at the baseball glove factory where he worked…in 2022 [he] declared his ambition to be a ‘successful Bernie Sanders’.” That said, he has pivoted to the center in his recent political messaging. Beyond the impact of Lee’s election on the future of Korean democracy, his tenure is sure to set a new tone in Korea’s relations with their neighbors including the US, the DPRK, China and Japan.
This has been Francesco DeSantis, with In Case You Haven’t Heard.
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