Follow-up to the giant big tech CEO grillings. Thursday is a hearing on how to re-write antitrust. I'm hearing that, once again, @Jim_Jordan is pushing for pro-big tech nonsense. Meanwhile @RepKenBuck is actually trying to fight monopolies. Split among Rs. wsj.com/articles/break…
So @Jim_Jordan tried and failed to sabotage the big tech CEO hearing a few months ago. He's relentlessly working on behalf of big tech.
Ok so @Jim_Jordan's witnesses for the Antitrust big tech hearing follow-up are Christopher Yoo and Tad Lipsky. Both are funded by Google, Facebook, and Qualcomm.
There are some good Republicans on that subcommittee but Jordan is owned by big tech. It's embarrassing.
If @Jim_Jordan wants Google and Facebook to write the antitrust laws, he should just be honest and invite reps from those companies directly. axios.com/scoop-lawmaker…
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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.'
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…
"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
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.
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.