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Showing posts from February, 2022

Corporate Greed

Companies are doing a great job rebranding corporate greed as “inflation”.   Take Starbucks for example that says they are forced to raise prices due to inflation and supply chain issues and yet profits went up 31% and they gave their CEO a 39% raise to $20.4 million. A corporation’s sole purpose today is to make money. Never has that fact been more evident than in the grocery business.   I don’t have a problem with the Loblaw executive chairman Galen G. Weston making $4 million dollars a year, but I do have a problem with food going green on my counter and being forced to purchase multiple food items to get a sale price. The same Loblaws that has total assets amounting to $36 Billion and cancelled it’s $2-per-hour pandemic bonuses for frontline staff in stores and warehouses. When I asked the local store owner about these nefarious “multi-sales” he says they are profitable but not popular. He could lose his franchise if he doesn’t follow the rules.   So now we have the executive b