@ewarren 2. As @AnandWrites notes, big money philanthropy is about laundering reputations. But it's also about something else. It's *private social spending.* Bill Gates, Mark Zuckerberg, etc do not want to pay taxes not bc they are greedy but because they dislike democracy.
@ewarren @AnandWrites 3. “In a lot of ways, Facebook is more like a government than a traditional company,” Mark Zuckerberg said in a 2009 interview. He isn't buying government, he IS government. @FranklinFoer highlighted this in his book "World Without Mind." wsj.com/articles/why-u…
@ewarren @AnandWrites @FranklinFoer 4. We now have two FECs. The first is toothless and stands for Federal Election Commission. The second is all-powerful and stands for Facebook Election Commission.
Who governs? We the people or they the monopolists. Those are the stakes in 2020.
Who governs? We the people or they the monopolists. Those are the stakes in 2020.
@ewarren @AnandWrites @FranklinFoer 5. We are going to continue to see billionaires attacking @ewarren, as well as the lapdogs of billionaires like @PeteButtigieg, @realDonaldTrump, @JoeBiden, and the endless parade of Obama era officials. They are outraged that Warren would dare believe in democratic governance.
@ewarren @AnandWrites @FranklinFoer @PeteButtigieg @realDonaldTrump @JoeBiden 6. The wealth tax gets a lot of play, but billionaires are not people who own swimming pools full of gold coins. They are people who own *tollbooths.* What @ewarren is proposing is blowing up their power, destroying the tollbooths constraining our economy and politics.
@ewarren @AnandWrites @FranklinFoer @PeteButtigieg @realDonaldTrump @JoeBiden 7. This is a return to pre-WWII politics. In 1932, elite Democrats, in that case Al Smith, went far right out of a basic rage that anyone would dare impose democratic controls over the economy. Smith was on the payroll of the Du Pont machine. simonandschuster.com/books/Goliath/…
@ewarren @AnandWrites @FranklinFoer @PeteButtigieg @realDonaldTrump @JoeBiden 8. If @ewarren wins the primary, you can expect a massive coalition of the plutocrats the likes of which none of us have seen in our lifetimes. It will be like 1896 It's gonna be wild. The stakes are high. They want it all. And @ewarren is telling them no. That they cannot abide.
@ewarren @AnandWrites @FranklinFoer @PeteButtigieg @realDonaldTrump @JoeBiden 9. @ewarren won't necessarily make the stock market go up or down. She'll make the stock market irrelevant.
