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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
Nov 22
Trump is a lot like Obama. He is about to destroy the Republican Party as badly as Obama destroyed the Democrats, and for the same reason. He's promised a realignment for the people, he's going to deliver a realignment for Wall Street.
Trump is also a godsend for Democrats the way Obama was for the Rs. In 2024, the Democrats are a spent force, dominated by horrible Obama retreads. By 2028 MSNBC will be gone and a wave of populists will have redefined the Dems as a renewed faction.
Obama and Trump jointly and fully buried the post-Cold War era of domestic politics. Obama took the moral currency of the civil rights movement and openly spent it on Wall Street, Trump proved that voters don't buy into the moral myths of the 20th century anymore.
Read 8 tweets
Matt Stoller Profile picture
Nov 20
1. Identity politics is bad because it's fundamentally a con, a way of ensuring plutocrats control our society. It's the inversion of 'rights' to support authoritarian corporate power. Here are some examples.

*Stopping offshoring is racist.*
2. Regulating trillion dollar social media and search monopolists to protect children from addiction is actually an attack on gay people. wsj.com/politics/polic…Image
3. Another... Getting paid $1500/hour to help steal from chicken farmers is about women's empowerment. Image
Read 16 tweets
Matt Stoller Profile picture
Nov 19
1. Since the new line on why antitrust is bad is the Spirit Airlines bankruptcy, let's talk about what is really happening. Here's a hint. The CEO of Spirit was paid a $3.8 million bonus the week before the bankruptcy. But you don't hear about that. wlrn.org/business/2024-…
2. What's really going on isn't a bad enforcement regime, it's a bunch of greedy incompetent airline executives blaming the government for not letting them violate the law for money. Let's start at the beginning.
npr.org/2024/11/18/nx-…
3. In 2022, there was a bidding war between Frontier and JetBlue over Spirit Airlines. Spirit's board hired a consultant to evaluate, who told execs/shareholders that the JetBlue deal was *illegal." They accepted it anyway since it was more money. financierworldwide.com/jetblues-38bn-…
Read 11 tweets
Matt Stoller Profile picture
Nov 17
I dislike the nonprofit industrial complex because the feedback loop has fundamentally distorted both parties. Paul Sabin's history here is very good. But let's be clear, the legacy is Hillary Clinton and a bank-dominated society.
history.yale.edu/publications/p…
The nonprofit industrial complex is a Ralph Nader created world on top of which built most boomer politics. Example, Hillary Clinton got her start at the Children's Defense Fund. But the whole right-wing built their apparatus on top of it in the 1980s.
The fundamental argument underlying the nonprofit world is that foundation-funded lawyers are the public interest, because big government, big business, and big labor ignore consumers. It's a deeply anti-democratic framework.
Read 17 tweets
Matt Stoller Profile picture
Oct 25
1. Let's talk about Jeff Bezos's manipulation of the Washington Post for political purposes to help Trump and what this choice is causing Democrats to realize. For a long time, there's been a debate over the merits of big business and billionaires.
2. Writers like Matt Yglesias and @EricLevitz see Amazon as generally good. Here's Yglesias: "Amazon, as far as I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers.” slate.com/business/2013/…
3. But they've systematically ignored the darker side of oligarchy these firms represent, and not just evidence that Amazon is overhyped as a business. For instance:
Read 14 tweets
Matt Stoller Profile picture
Oct 16
It's not just a white young male problem, it's a young male problem, period. Part of the answer is progressive elites dramatically overvalue civility and order, and thus disdain much of the cultural stuff that young guys enjoy.
I once attended a Young Dems conference, and there was an hour when all the different caucuses met. Disability caucus, black caucus, women's caucus, LGBT caucus, et al.

What was left were a group of straight white guys just standing around, awkwardly. What kind of shit is that?
How many Democratic activist-types actually listen to Joe Rogan? He's funny and weird and not at all how he's portrayed. Think about the angry reaction to Rogan endorsing Bernie.

That's just Dems being annoying mean weirdos.
Read 4 tweets

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