Premium Only Content
Joe Biden Battling Inflation By Cracking Down On Shipping Cartels
Biden's presidency is plagued by rising inflation. What is causing it and what is he doing about it? One thing that's driving up prices is greedy shipping cartels that are reaping massive profits while jacking up prices.
We stream our live show every day at 12 PM ET.
We need your help to keep providing free videos! Support the Majority Report's video content by going to http://www.Patreon.com/MajorityReport
Watch the Majority Report live M–F at 12 p.m. EST at youtube.com/samseder or listen via daily podcast at http://Majority.FM
Download our FREE app: http://majorityapp.com
SUPPORT the show by becoming a member: http://jointhemajorityreport.com
We Have Merch!!! http://shop.majorityreportradio.com
LIKE us on Facebook: http://facebook.com/MajorityReport
FOLLOW us on Twitter: http://twitter.com/MajorityFM
SUBSCRIBE to us on YouTube: http://youtube.com/SamSeder
Image Credit, Gage Skidmore
https://www.flickr.com/photos/gageskidmore/49405314627
https://creativecommons.org/publicdomain/
Image has been cropped and color has been altered.
Image Credit,
https://www.maxpixel.net/Container-Ship-Cargo-Ship-Vessel-Shipping-Ship-5564228
https://creativecommons.org/publicdomain/
Image has been cropped and color has been altered.
David: One announcement that he did make that I should mention even though it's wonky but it might have a real impact on your life. is that they announced this ability to beef up these investigations into the ocean shipping cartel. So there are these three companies, three alliances that are made up of a bunch of different companies but they're cartels. There are three alliances of ocean shipping that control about 80 percent of all cargo. 95% of the east-west trading between Asia and the u.s.. and they've their profits are ridiculous. in 2021 they made 190 billion dollars. in all of 2010 to 2020 these alliances made one-fifth of that. in ten years they made a fifth of that. they made 190 billion dollars in 2020. and that affects the cost of every good that's transported anywhere.
Sam: Let's just be clear on what 100 190 billion dollars is equivalent to. it is larger than the annual spending that was proposed in the 1.75 trillion dollar bill. that the government that was the big that was the last iteration of Build Back Better called for 175 billion dollars worth of spending annually. and these guys made 100 billion. okay and so what now where are these American companies?
David: They are all foreign companies. They are all foreign-owned companies.
-
16:25
Clownfish TV
11 hours agoDEI is Deader Than Disco! Hollywood Most Affected?!
5.54K3 -
1:04:23
CarlCrusher
12 hours agoThe TRUTH about Roswell and the UFO Crash Recovery Material
4.46K -
59:40
Trumpet Daily
19 hours ago $3.67 earnedAmerica’s Royal Family - Trumpet Daily | Jan. 21, 2025
8.13K17 -
1:03:14
Bek Lover Podcast
12 hours agoInteresting Times with Bek Lover Podcast
11.7K3 -
3:10:10
Price of Reason
14 hours agoTrump is BACK in Action! Elon Musk's Inauguration Gesture Draws MSM Fire! Disney Prepares For LOSSES
34.1K4 -
2:08:22
Kim Iversen
13 hours agoIs This Even Legal? Trump’s Push to End Birthright Citizenship and The Insane Plan to Move Palestinians to Indonesia
133K283 -
1:27:06
Glenn Greenwald
13 hours agoMr. Tracey Goes To Washington: Inauguration Observations, Interviews & Commentary | SYSTEM UPDATE #393
165K60 -
52:01
Tucker Carlson
18 hours agoNew York Mayor Eric Adams Sounds a Lot Like a Trump Voter
238K231 -
2:47:25
Right Side Broadcasting Network
16 hours agoLIVE REPLAY: President Donald J. Trump Holds First Press Briefing Since Inauguration - 1/21/25
258K215 -
1:08:45
Man in America
15 hours agoTrump UNLEASHED! Dismantling the Deep State and Restoring America
61.1K75