1. I'm confused by RBG, as I don't really understand how she understood the point of law or what she meant by being committed to liberalism or equality. The best I can come up with is that she was a Clinton Democrat, a Watergate Baby style judge appointed Carter then Clinton.
2. Every observation starts with her remarkable achievements in the 1970s on behalf of gender equality, women getting the same terms as men for loans, credit cards, pension benefits, etc. Just unbelievable accomplishments. But what kind of *judge* was she? nytimes.com/2020/09/21/art…
3. This is the kind of random civil procedure case that doesn't get attention in profiles of RBG, Daimler vs Bauman. Read the Sotomayor dissent, it's a harsh critique of RBG's decision to prioritize the rights of multi-nationals over small businesses. supremecourt.gov/opinions/13pdf…
4. I once interviewed Patricia Wald, who served with RBG on the DC Circuit Court. Wald expressed a hint of bitterness about RBG, not because of they were rivals for the court but because of RBG's pandering to Robert Bork. It wasn't just personal friendship, but policy agreement.
5. It paid off when she was appointed to the Supreme Court. Here's a 1993 profile. "On many D.C. Circuit rulings, she joined Republican-appointed judges, rather than sign on with her Democratic-named colleagues."
6. RBG's confirmation was easy because she served big business. As Bill Kovacic put it, she was "as consistently conservative as any Bush/Reagan judge on the D.C. circuit in cases involving substantive antitrust standards, liability rules and remedies." washingtonpost.com/archive/opinio…
7. Until relatively late in her term, RBG was a strong corporatist. The ultimate example was the unanimous decision to erode monopolization enforcement. This was the Trinko case, which was authored by her friend Antonin Scalia. law.cornell.edu/supct/html/02-…
8. But RBG did turn around. In Apple vs Pepper and Amex vs Ohio, as well as in Citizens United and a series of other cases, she began to tiptoe away from an embrace of corporate power. She was moving with the consensus, as she always had.
9. People got a hint of her politics when she insulted Colin Kaepernick, and then turned around and apologized. She thought the social consensus was one thing, and then realized it was something else. Very Watergate Baby style. cnn.com/2016/10/14/pol…
10. This is an area I don't know, but I'm told RBG was an IP extremist.
11. None of these decisions means that her extraordinary work on women's rights and equality didn't happen. And her forceful personality and important willingness to challenge the old boys club happened as well. They did. It's all a package. It's why I'm confused.
12. Clinton appointed two justices, Stephen Breyer and RBG. Both were confirmed easily. The only real opposition to either was Sen. Howard Metzenbaum, who thought that both were too friendly to big business. Breyer in fact was more doctrinaire on antitrust than many on the right.
13. RBG was an icon for Democrats wrestling with the collapse of the strategy of vesting power in the super-judiciary of the courts. Why didn't she retire?
"Anybody who thinks that if I step down, Obama could appoint someone like me, they’re misguided." "nytimes.com/2020/09/21/mag…
14. But what does "like me" mean? This is a very political statement. RBG says she holds deep political principles that are irreplaceable. What are they? Obviously she had an extraordinary commitment to the law, judging, and as an advocate, important questions of equity.
15. And it's especially powerful because she made the choice to preserve herself on the court, risking a Democratic seat. She did this for principled reasons. But what were her principles? They are there, I just can't figure out how to tease them out through her work.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
1. Ok so let's talk about socialism, aka the state taking over from private industry. Here are some examples you haven't heard of - Kentucky and Ohio - replacing their pharma pricing middlemen with state agencies.
2. In 2018, the Columbus Dispatch revealed that pharma middlemen CVS Caremark and UnitedHealth Group's OptumRx were ripping off the state Medicaid program, destroying pharmacies, and hurting patients. So Ohio... fired them. And built its own state PBM. thebignewsletter.com/p/monopoly-rou…
3. It launched in 2022, run by Ohio's Department of Medicaid. It did pharma pricing for Medicaid, rebates for pharmacies, ran call centers, managed a drug list, a network of pharmacies et al. No more conflicts of interest. Caremark predicted DOOM FROM FULL COMMUNISM....
Obama was a malevolent leader and as a person is a mean spirited greedy narcissist. The authoritarian turn we are experiencing now is directly his doing, though not solely his doing.
So is our gruesomely dishonest conversation on race and identity.
I worked on the financial crisis and I remember hearing from people in the White House mockery of the ‘deadbeats’ who couldn’t pay their mortgages. It’s hard to convey the meanness of the Obama insiders.
Obama used his black identity - an important and positive symbol - to oversee the biggest loss of black wealth in our lifetime, with the support of black voters and leaders. He took the moral currency of the Civil Rights movement and spent it on Wall Street. Now it’s gone.
1. Since Yglesias won't address the argument @musharbash_b made about housing, I will. His argument is that Texas, which Abundance authors @DKThomp and @ezraklein point to as a model, has the same housing cost inflation they ascribe to blue areas. Why? thebignewsletter.com/p/messing-with…x.com/mattyglesias/s…
2. It's corporate power among homebuilders. Don't just take @musharbash_b word for it, it's a well-known story. Here's a shockingly good CNBC report on how big homebuilders withhold housing supply.
3. This graph from @NewsLambert really tells the story nation-wide. Since 2008, when Lehman Brothers went bankrupt because of zoning policy, 65% of homebuilders have disappeared. And they never returned. Now only the big builders - with huge profit margins - are left.
Mark Zuckerberg is on the stand, the FTC lawyer is grilling him on documents showing the point of the service is to connect to friends. This is about market definition. #ftcvmeta
FTC asks if Meta is still built on a 'social graph,' Zuckerberg says he's not sure what that means but that it's a 'core concept' of Facebook.
"The friend part has gone down quite a bit."
He wants the judge to see TikTok as a rival.
Zuckerberg emphasizes that connecting w/friends and family is important to Facebook but less and less important. This testimony is about showing how Meta is a monopolist in a clear market, social networking services connecting with friends/family.
The basic problem with America is that nearly all of our major institutions are led by vastly overpaid incompetent greedheads who all have agreed to not snitch on each other. It's easy to explain how to fix it once you get this basic diagnosis. Here are a few ideas.
1) Corporate boards are full of lazy kiss-assers who get $100k to show up to a meeting a few times a year. So how about this? No board members of a company can get paid while there's a strike going on at their company.
2) The Federal Reserve actually runs our economic policy. So how about saying that not all of the Fed board members can be millionaires? Some of them have to be borrowers and not just lenders.
American big tech firms are bad at building things because their focus is not on building things, it’s on monopolization and political power. No different than Boeing. This has been obvious for years. thebignewsletter.com/p/national-cha…