Tag: corporations

As World Plunges Into Poverty, Super Rich Top Unprecedented $10 Trillion Net Worth Thanks to COVID-19

Make no mistake, the government’s reaction to COVID-19 — shutting down business, forcing people to state home, all the while granting monopolies to massive chains like Amazon, Walmart, etc. — has decimated the middle class and pushed the already-struggling poor that much deeper into despair. But you won’t see the owners of those monopolies complaining as they have seen their wealth soar to unprecedented highs.

As the rest of the country struggles to pay their mortgages, has their businesses shut down, and descends into poverty, COVID-19 for the super rich has been a record setting windfall. Four of the most controversial billionaires on the planet, have seen their wealth increase by over a combined $100 billion in just the last 10 months.

Since the COVID-19 lockdowns began, Jeff Bezzos has seen his net worth shoot up by nearly $70 billion. Bill Gates, who has been embroiled in controversy and has somehow become the mainstream media’s go-to “expert” on COVID-19, has seen his net worth increase by nearly $10 billion. As his platform censors any information that challenges the establishment’s narrative on COVID-19, Mark Zuckerberg’s net worth increased by $20 billion. And, as his platform also censors information like Facebook, Larry page has seen his profits from Google add $5 billion to his net worth.

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New Jersey Governor Okays Work Licenses for Illegal Migrants

New Jersey’s Democrat governor signed a bill on September 1 that allows illegal migrants to take well-paying licensed jobs from Americans and legal immigrants, even amid the dramatic recession that has pushed many Americans out of jobs.

NJ.com reported the recession win for illegal migrants and employers on September 1:

Previously, [people] were required to have a “lawful presence in the United States” to qualify for a license. This law (S2455) removes that barrier.
[Gov. Chris] Murphy’s office said the law — which takes effect immediately — will benefit about 500,000 undocumented residents in New Jersey.

The office also said the state will be the first on the East Coast to enact such a law. California, Nevada, and New Mexico are among the other states with similar statutes.

The law allows illegals — including DACA recipients — to get licenses for many blue-collar and white-collar jobs.

The license will allow illegals to work as electricians, plumbers, HVAC workers, lab technicians, nurses, doctors, architects, and many other careers.

The law passed with support from employers, many of whom are eager to cut their costs by staffing their companies with the state’s large population of illegals, which include many Latinos and a growing number of Indians.

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