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Matt Stoller Profile picture
@matthewstoller
Jul 29, 2020 • 3 tweets • 2 min read • Read on X
This line of questioning from @RepValDemings on the combining of user profiles of Google and DoubleClick against what they promised in 2007/2008 is *incredibly important.* #BigTechBarons
This is a big deal, @RepValDemings putting Sundar Pichai on the spot over Google's choice in 2016 to fulfill its bait and switch strategy. I hope European regulators reviewing the Google-Fitbit deal are listening. #BigTechBarons
Show me the last time a journalist put any CEO on the spot the way @RepValDemings just did, let alone four the most powerful men in the corporate world. #BigTechBarons

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More from @matthewstoller

Matt Stoller Profile picture
Jun 30
1. There are four parts to the Democratic Party, and only one matters right now. There are media Dems, policy Dems, donor Dems, and regular Democrats. Only the regulator Democrats matter. Who are they? They are the electeds, unions, black preachers - those who deal with voters.
2. Each has their role. Media Dems communicate the message. That's the NYT and Washington Post, MSNBC, black radio, etc. Most deny they are partisan but sure Jan and all that. They want Biden to step down.
3. Policy Dems think about governing. That's progressive think tanks, law firms, corporate lobbyists. Donor Dems think about money and access. That's everyone from billionaires in Silicon Valley to 'ladies who lunch.'
Read 10 tweets
Matt Stoller Profile picture
Jun 27
1. Let's talk economic termites, the companies you don't notice, but behind the scenes overcharge you in ways you don't see. Today we're going over CDK Global, a software company that raises the price of cars. thebignewsletter.com/p/economic-ter…
2. CDK Software is business software for auto dealers, managing service, parts and inventory, vehicle financing, accounting, payroll, insurance information, customer information, etc. 15,000 auto dealers use it nationwide. thebignewsletter.com/p/a-supreme-co…
3. Though it's business software, the price gets added to the cost of your car. A small dealership pays $150,000 per year, mid-size dealership groups (5 to 10 stores) pays $1,500,000 or more per year, and large dealerships pays $5,000,000 per year.
storage.courtlistener.com/recap/gov.usco…
Read 23 tweets
Matt Stoller Profile picture
Jun 11
"We are also proposing a ban on lenders repossessing wheelchairs, prosthetic limbs, and other medical devices."

That's good wait wtf that's a thing?!?
"It is perhaps immoral to repossess a prosthetic limb but it's not the state's role to prohibit a private equity fund from doing so." - former Senator Pat Toomey, probably
"I'm gonna need that leg back." - Tim Geithner's Warburg Pincus portfolio firm, probably
Read 4 tweets
Matt Stoller Profile picture
May 15
The spread of Walmart in the 1980s shattered Southern politics, that’s *purely* a trade and antitrust story. The civil rights movement is not why the South went to the right.

Also West Virginia was never Republican. The story of civil rights delivering the south to the right makes no sense!
The myth of modern liberalism is rooted in southerners being racist instead of Jimmy Carter and Ted Kennedy deregulating airlines and trucking to crush labor. It’s just rich kid story time.
Obviously civil rights broke the Jim Crow machines and that put the South in play for a whole suite of new interests, and flipped a bunch of whites to the GOP. But that just made the region competitive.
Read 13 tweets
Matt Stoller Profile picture
May 1
Boeing whistleblowers keep suddenly dying. Image
Image
Private equity giant Apollo has announced a new line of business where the firm takes out life insurance policies on Boeing whistleblowers.
Read 4 tweets
Matt Stoller Profile picture
Mar 24
Can we admit Obamacare was a disaster and Obama was a bad President yet? Or are we still pretending that Biden is the problem because he’s not cool? time.com/6279937/us-hea…
If the Rs has an alternative beyond ‘feed sick people into a woodchipper’ they would have implemented it already.
Also the statement ‘we need universal health care’ is answering the wrong question. We need to stop equating health insurance with health care.
Read 6 tweets

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