Janet Yellen: "What's good for General Motors is good for the world"
This Washington Post
headline says it all: "Yellen warns that slow rollout in poor countries
poses threat to U.S. global economies." In other words, let’s not consider
the fact that hundreds of thousands will die as a result of Biden’s refraining
from supporting a proposal introduced in the World Trade Organization by South
Africa and India and backed by 50 nations as well as Bernie Sanders to lift property
rights that favor of heavily subsidized companies that are profiting off the
anti-covid vaccine. It’s all about profits. In effect, Yellen was echoing General
Charles Wilson's famous dictum of 70 years ago: The starting point in the
formulation of U.S. policy has to be "What's good for General Motors is
good for the country."
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