"Profit Streak".

Yeah, I guess that's one word for #PriceGouging

"Corporate profits have reached a record share of the U.S. economy" ...doesn't happen by accident. #Greedflation

#ThisIsAmericaNow
#RipoffAmerica

Corporate America Aims to Preserve Profit Streak During Iran War https://www.nytimes.com/2026/04/15/business/economy/companies-profits-prices-iran-war.html

Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices

Higher inflation is leading companies to raise prices without sacrificing margins.

The New York Times

@InsurgoFormica
You mean #Grifters , right? I mean, whatโ€™s the purpose of private enterprises if not to hoover cash? Especially in mostly uncompetitive sectors of commercial markets (not to say #Cartel -like environments).

Airlines buy fuel contracts well ahead of needs, so any rise in airfares due to increasing fuel costs is just an excuse to cash in by speculating future contract pricesโ€ฆ This side of #Capitalism just seems wrong to me. If weโ€™re all going to do it tough because of the #ChristoJewishCrusade and #FascistImperialism , then why should #PrivateEnterprises and #MultiNationalCorporation (both recognised as #Entities before the Courts) not suffer the same as the rest of us?

#EatTheRich #Antifa #AntiOligarchy #NeoClassicalEconomics #Greed #GreedFlation #Collusion and complicit governments.

Tegan George adds further weight to the argument favouring #TaxReform in the #FossilFuelIndustry and #GasSuperProfits with this article for The Point:

โ€œA lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) has argued that conditions are ripe for an overhaul of how Australia taxes liquefied natural gas (LNG) exports, with gas giants preparing to cash in on another global price surge.โ€

Read more:
https://thepoint.com.au/news/260416-pivotal-moment-for-lng-tax-reform-as-prices-surge-globally

#AusPol #Grifting #GreedFlation #NeoLiberalEconomics #CapitalismGoneWild #EatTheRich

"Pivotal moment" for LNG tax reform as prices surge globally

A lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) has argued that conditions are ripe for an overhaul of how Australia taxes liquefied natural gas (LNG) exports, with gas giants preparing to cash in on another global price surge.

I heard this on the radio today. Last year the CBC went across #Canada weighing packages of meat, and found Sobeys Loblaws and Walmart were all illegally adding package weight to the total chargable weight. A year later they went back and found Sobeys and Loblaws STILL illegally ripping customers off all day long

ILLEGALLY

"CBC investigation finds grocers Loblaw, Sobeys overcharging for underweight meat โ€” again"

#Politics #CdnPoli #Greedflation

https://www.cbc.ca/news/business/loblaw-sobeys-meat-weight-9.7158279

CBC investigation finds grocers Loblaw, Sobeys overcharging for underweight meat โ€” again | CBC News

A CBC News secret shopping investigation has โ€” once again โ€” uncovered how several Loblaw-owned and Sobeys-affiliated stores are overcharging for underweight meat, despite claims last year that the grocery giants had taken steps to rectify the problem.

CBC