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Mike Tanglis
@MichaelTanglis
Work at . Statements are my own
Joined August 2012

Mike Tanglis’s Tweets

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I took part in a great CNN documentary that details how Trump did nothing to separate himself from his 500+ businesses. Why does that matter? Simply put, there are more than 500 ways to pay money to – or gain leverage over – the US President.
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Trump is $421,000,000 in debt. One of his tickets out of that debt is profiting off the presidency. Not everyone realizes that he's rigged the system in order to keep his income streams flowing. @ErinBurnett
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Remember how "corporate profits don't cause inflation?" Is it just possible that corporate profiteering causes just a teensy-weensy bit of inflation?
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A year ago, egg producer Cal-Maine Foods pocketed $39.5 million in quarterly profit. This time around, $323 million ktla.com/news/money-sma
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No end to Boeing and their law firm's depravity re: 737 MAX-caused deaths in Indonesia/Ethiopia. They argue they don’t want to pay for 6 min. of “pre-impact fright and terror”. They say passengers in the falling jets kept hope and didn’t expect the worst. Beyond disgraceful. -R
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Four years after a second 737 MAX crashed, Boeing and attorneys for families of the dead are arguing over whether the plane maker should have to pay for the victims’ suffering on.wsj.com/3mUSCu5
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ICYMI: has published a must-read report on Big Tech lobbying. Like the tobacco industry, these companies have built a formidable influence machine that can be deployed to sink regulations & shape policy - no matter the cost to public wellbeing.
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Big Tech’s inside game: lobbying, contributions, and connections. Amazon hired 20 (!) lobbyists that worked for the Judiciary Committee or its members to lobby against AICOA. As Carlin once said, “It's a big club and you ain’t in it.” @Public_Citizen citizen.org/article/lobby-
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NEW REPORT - a case study on Big Tech lobbying on AICOA Big Tech is pulling out all the stops to kill the bill – their methods are tried and true big corporate influence, following the path of Big Oil and Tobacco quick thread on some of the findings:
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Per our research with The 20 largest US oil companies are using wartime profits to enrich investors. 7 companies announced $24,300,000,000 in stock buybacks this year alone. 4 companies increased their dividends by over 40%. citizen.org/article/big-oi
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Two top House Democrats are pushing the CEOs of ExxonMobil, Chevron, BP and Shell to scrap their stock buyback and dividends during the war in Ukraine and shift funding for those shareholder rewards towards lowering prices at the gas pump cnn.it/35JXnyo
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Companies that profited off the TX blackouts 1 year ago today: -Dallas pipeline giant Energy Transfer made $2.4B -Houston pipeline company Kinder Morgan made $1B -BP made at least $1 billion More than 240 people died. Texas politicians blame windmills.
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Companies that profited off the Texas blackouts: -Dallas pipeline giant Energy Transfer Partners made $2.4 billion -Houston pipeline company Kinder Morgan made $1 billion -BP oil likely made at least $1 billion We have the receipts.
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After a long break, I survived my first week back from parental leave. Hard to be away from the June bug that much. Looking forward to a weekend full of these smiles. (June Tanglis was born on 10/18/21)
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We are suffering a crisis of corporate concentration in every sector across the economy. It is really just a handful of companies controlling what we buy. – Public Citizen's @CitizenAlex3 on rampant price gouging in the pandemic
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My latest...
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BREAKING: Struggling oil & gas companies gave their executives a combined $200 million in cash payouts in recent years. Meanwhile, these companies ravaged our environment and laid off thousands of workers. Our new report details it all: citizen.org/news/public-ci
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We reviewed tax info for dozens of U.S. pro sports team owners. Owners often report incomes for their teams that are millions below real-world earnings and pay lower rates than players and even stadium workers. Latest in The Secret IRS Files
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