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Outrageous: Exxon Mobil, Chevron, Shell and TotalEnergies produced a combined profit of $51 billion, returned a total of $23 billion to shareholders in the second quarter in dividends and share repurchases!

Big Oil has never had it so good, and its immediate priority is rewarding shareholders. The world's largest energy companies, including TotalEnergies (TTEF.PA), Exxon Mobil (XOM.N) and Chevron (CVX.N) are ramping up buyback programmes despite criticism that they are not moving swiftly enough to increase oil and gas output as high fuel prices pinch consumers worldwide. Exxon Mobil, Chevron, Shell (SHEL.L) and TotalEnergies produced a combined profit of $51 billion, with Exxon topping the pile at $18 billion.    BP is set to report next Tuesday. That money is increasingly going into shareholder buybacks, which are frequently criticised by investor advocates as a less desirable use of funds than business investment. Exxon, Chevron, Shell and Total returned a total of $23 billion to shareholders in the second quarter in dividends and share repurchases, based on Reuters calculations.   Full report:   https://www.reuters.com/business/energy/big-oils-q2-profits-hit-record-50-bln-with-bp-

The Uber leak exposes its global war on workers

The “Uber Files” leak reveals the power of the company’s multimillion-dollar lobbying effort — and how it worked with governments around the world to undercut workers’ rights.   by Paris Marx  Part 3 - Uber Hasn’t Changed When Dara Khosrowshahi became CEO in August 2017, the company framed its problem as having a bad corporate “culture” and promised that Khosrowshahi was going to clean it up. But while management’s treatment of women and other marginalized groups at its headquarters was a problem, the rot went to the very core of its business model — and that was something Khosrowshahi couldn’t (and wouldn’t) change. The most important campaign that Khosrowshahi has undertaken since taking over Uber has not been to clean up the company’s “frat house” culture, but to overturn the rights of workers in California. In September 2019, the state passed Assembly Bill 5, which would have forced gig companies like Uber to reclassify their workers as employees instead of independent contractors.

Mexico’s President gives Joe Biden a big history lesson

Latin American nations are putting themselves on the front line for the sovereignty of certain countries, and are backing progressive processes in others   by Rodrigo Guillot   Part 1 Mexico’s President Andrés Manuel López Obrador (AMLO) visited the United States on July 12 and offered five proposals to US President Joe Biden. These proposals are based on AMLO’s in-depth knowledge of Mexican history and his reading of the economic crisis in the United States, which seems to be losing its edge as a global leader. The first of the proposals that AMLO made was about Mexico allowing US consumers to fill gasoline tanks on the Mexican side of the border. By doing so, it is permitting the United States to ease its inflation crisis. AMLO offered to double the supply of gasoline in Mexico in his show of support to further ease the crisis. Second, AMLO said that Mexico would provide for more than 600 miles of gas pipelines along the US–Mexico border to help transport natural gas from Texas to Ar

Day 1205: Julian Assange still in prison and under slow-motion execution by the Anglo-American imperialist criminals

failed evolution   On 11 April 2019, the Ecuadorian government of traitor Lenin Moreno, invited the Metropolitan Police into the Ecuadorian embassy in London, and they arrested Julian Assange . Since then, Assange is kept in Belmarsh high security prison in London, without actual charges.   The real reason world's number one political prisoner is still kept in this high security prison, is because he exposed horrendous war crimes carried out by the US imperialists and their allies.   The ruthless Western imperialist regime wants to punish the No1 real journalist in the world and make him an example for any Whistleblower or real journalist who will attempt to expose its big crimes in the future.   And the Anglo-American axis has now become officially a fascist coalition , framed by the rest of its Western pets. UK's Home Secretary Priti Patel, one of the most ruthless ever, decided to extradite Julian Assange to US. No surprise of course. The only question we had in mind is

Tom Cruise vindicated for viral rant against Big Pharma

The Jimmy Dore Show   In 2005 Tom Cruise was widely mocked, derided and accused of being a lunatic after appearing on the Today Show and expressing controversial views about the ineffectiveness of antidepressants and the widespread practice of prescribing Ritalin and Adderall to children. Now 17 years later Cruise is being vindicated by a comprehensive study questioning the science behind “chemical imbalances” in the brain and demonstrating that antidepressants do not work as advertised. 

Francis Fukuyama is right: Socialism is the only alternative to liberalism

In Liberalism and Its Discontents, Francis Fukuyama diagnoses the political and psychological malaise caused by capitalism. His analysis makes one thing clear: liberalism is incapable of addressing the social, economic, and ecological crises it faces.    by Samuel McIlhagga  Part 1 In a CNN interview, after another round of the US government’s sanctions on Russia, the following exchange took place between the show’s host and President Joe Biden’s economic adviser Brian Deese:               CNN: What do you say to those families that say, “Listen, we can’t afford to pay $4.85 a gallon for months if not years, this is just not sustainable”?         Deese: Well, what you heard from the president today was a clear articulation of the stakes. . . . This is about the future of the liberal world order and we have to stand firm. The events of the past two years, from the start of the global pandemic to the war in Ukraine, and now the global food shortage, are clear signs that liberalism, as a

The British establishment chose Boris Johnson as its weapon to defeat the Left

Boris Johnson’s disastrous time in office has spluttered to an ignominious conclusion. Many of those now deploring his record sided with Johnson when it really mattered because they wanted to block a left-wing government that could transform British society.   by Daniel Finn   Part 3 - Change UK Can Believe In Austin and Woodcock weren’t the only Labour MPs to break ranks under Corbyn. In February 2019, seven MPs resigned from the party and set up the Independent Group, which later became Change UK. There was a lot of talk in the commentariat about their potential to break the mold of British politics. Yet in the 2019 election, Change UK — now calling itself the Independent Group for Change — took just over ten thousand votes, marginally outpolling the Monster Raving Loony Party. All of the Labour defectors lost their seats — including those who defected a second time to the Liberal Democrats — apart from the ones who decided not to stand. They’ve since gone on to higher things: Chris

Putin and China just did the unthinkable and the West is in big trouble

Redacted   Russia joined forces with China to create a new reserve currency. This new currency will be based on rare earth minerals like gold, silver, uranium and more. This is a massive challenge to the US dollar dominance which isn't based on gold or anything. 

The end of Western civilization

Moment Of Clarity with Lee Camp Wars, neocolonialism, corruption, fraud, inequality, suppression, environmental disaster, a failed economic system and more ...

Iran & Russia pledge to cut US dollar from global trade, strengthen China alliance

Multipolarista   Russian President Vladimir Putin visited Iran, signed a $40 billion energy cooperation agreement, and pledged to strengthen their economic and military alliance with China. Moscow and Tehran also called to drop the US dollar and use local currencies for trade.