ECP NetHappenings Breaking up Monopolies anti-trust law

Why are some CEOs warming up to Trump?

Yes, the tax cuts — but it’s not just that.

The Biden-Harris admin is reviving anti-trust in a big way, with lawsuits against Amazon, Apple, Ticketmaster, and many more.

Corporate execs are terrified of their monopolies being broken up.

Wealthy execs in media, tech, crypto, financial, & fossil fuel sectors are *lobbying* against a Democratic-led White House and Congress because they want to avoid more biz regulations designed to protect consumers + avoidance of corp taxes
FREE NYT LINK

Volkswagen & Siemens were friendly to Hitler because it was “good for business.”
Here’s a list of other 1930-40s corporations complicit in genocide and authoritarian rule.

Why isn’t the NY Times reporting on Nazi banners at Trump rallies?

forbes.com
Microsoft Quits OpenAI Board As Regulators Crack Down On Big Tech’s A1 Dealmaking
Jul 10, 2024, 07:18am EDT
Microsoft has relinquished its seat on OpenAI’s board and Apple will no longer assume an equivalent role, according to news reports Wednesday, an unexpected move from the tech giants as they jostle for A1 supremacy amid increasing scrutiny from regulators over their investments in artificial intelligence.

David Zaslav, the CEO of CNN’s parent company, at the Allen & Co. media conference in Sun Valley, Idaho, on Tuesday:
Asked about the upcoming presidential election,
Zaslav said it mattered less to him which which
party wins, as long as the next president was
friendly to business.
“We just need an opportunity for deregulation, so
companies can consolidate and do what we need
to to be even better,” he said.
https://www.bloomberg.com/news/articles/2024-07-08/media-tech-titans-head-to-sun-valley-with-biden-future-in-doubt

Has the media asked Trump about the unsealed Epstein court documents detailing accounts of him raping 12-year old girls yet?

It’s not every day that senators ask the attorney general to appoint a special counsel to criminally investigate a sitting Supreme Court justice.
What’s more, the case against Clarence Thomas is quite credible.
The American people deserve a comprehensive investigation into the potential violations of ethics and tax laws by Supreme Court Justice Clarence Thomas. Senator @RonWyden and I sent a letter to AG Garland making the case.
https://www.whitehouse.senate.gov/news/release/whitehouse-and-wyden-ask-attorney-general-to-appoint-special-counsel-to-investigate-potential-ethics-and-tax-law-violations-by-justice-clarence-thomas-and-his-benefactors/

What the fuck. Clarence Thomas Accepted Yacht Trip to Russia, Chopper Flight to Putin’s Hometown.
$267k provided by Thomas’ friend Anthony Welters, the yacht trip to Russia from Baltics, and the helicopter ride to Yusupov Palace, St Petersburg. ProPublica first reported last yr on the existence of extensive undisclosed gifts and lavish trips from Crow.
https://www.thedailybeast.com/clarence-thomas-accepted-yacht-trip-to-russia-chopper-flight-to-putins-hometown-democrats
The allegedly secret gifts were disclosed in a letter from two Democratic senators that accused Thomas of potentially committing tax fraud.

Five years ago, Clarence Thomas was just getting back (on a private jet) from yachting in Indonesia on Harlan Crow’s dime. But that was just the beginning of his jam-packed summer of 2019. We put together a timeline of his craziest summer vacation:

SCOTUS Making Universities White Again

SCOTUS… Making Universities White Again

GET GOD OUT OF PUBLIC SCHOOLS, AND STATE ONLINE SCHOOLS.

U.S. Supreme Court strikes down affirmative action programs using race-based admissions at Harvard and U.N.C. as unconstitutional.

FUCK conservative SCOTUS. The Supreme Court is taking the nation backward – one strategic court ruling at a time.

Freedom MATTERS. Why do right-wing pundits keep dismissing our outrage about #SCOTUS stripping away our rights? Forcing people to give birth is criminal, & just the beginning. Speak up for freedom!

SCOTUS guts use of race in college admissions, splitting 6-3 along ideological lines. Sotomayor dissents from bench. Jackson & Thomas trade barbs.

Justice Ketanji Brown Jackson’s actual dissent.
STUDENTS FOR FAIR ADMISSIONS, INC. v.
PRESIDENT AND FELLOWS OF HARVARD COLLEGE

Justice Ketanji Brown Jackson with the dissent of the century: “Deeming race irrelevant in law does now make it so in life… No one benefits from ignorance.”

Ketanji Brown Jackson has a two-part footnote on Clarence Thomas.
She says he “responds to a dissent I did not write… demonstrates an obsession with race consciousness that far outstrips my or UNC’s… ignites too many more straw men to list, or fully extinguish, here.”

The Supreme Court ended affirmative action. The *how* of it is not very interesting: They killed it because they could.
But why? Well, because affirmative action was the only policy where the whiteness card got revoked.

GOP: College is a scam! Drop out and have a bunch of kids!
Also GOP: When you admit a black kid to college you take away a place for a white kid! Unfair! Wrong!

Just making sure: Jared & Ivanka can still use Saudi money to pay for their children to get into Harvard, right?
Explainer
(1) Kushner’s parents paid $2.5 million to get him into Harvard https://propublica.org/article/the-story-behind-jared-kushners-curious-acceptance-into-harvard
(2) Kushner got >$2 billion from Saudis for whatever he did for them while running our Middle East policy
(3) SCOTUS left legacy & donor buy-ins safe while gutting affirmative action

Kids of white Harvard students will continue to get legacy rides and white students with more privileged backgrounds will benefit from tutors, better schools, and more resources simply because of a system created to perpetuate inequality.

Ryan Garrett@Garrett_RM
As a higher ed professional (with experience in admissions), this thread speaks perfectly to my thoughts on today’s SCOTUS decision. While this ruling can have its issues (just as affirmative action had issues), it still acknowledges the benefits of a diverse campus community.
Thread by @AshaRangappa_ : Admissions officer here… IMO Harvard/UNC opinion is much narrower than I expected it to be & impact will be much less than I see a lot of people suggesting — & possibly give institutions MORE ability to curate classes based on diversity interests\

Shelby v. Holder, the most devastating decision against #VotingRights, was funded by #PaulSinger. His fishing buddy, #JusticeAlito should have recused himself. That would’ve changed the outcome, because the #SCOTUS decision was made 5 to 4, with Alito’s being the deciding vote. #JusticeAlito should not have been on Shelby v. Holder. If he’d recused himself, we would still have the full Voting Rights Act.

Let’s talk about Senate Bill 795, the new effort to start a voucher program sending public funds to private schools, called “Lifeline Scholarships.”
#StopVouchers #DeVosPlan4PA #FundPAPublicSchools #PASchoolsWork #FundOurSchoolsPA

This is the “Great” America  that The Bible Belt, The Silent Majority, the TEA PARTY, the HOUSE FREEDOM PARTY the AMERICAN LEAGUE OLIGARCHY,  MOM’S FOR LIBERTY, CENTER FOR AMERICAN LIBERTY are talking about.

The media helps them via omissions of the stories. They don’t report on what the GOP lies about, in this case they will hold on to this story until it’s too late and irrelevant to report. They’ll likely report on TV about it next year AFTER the election.

The same folks that won a victory at the Supreme Court today are deeply connected to Moms for Liberty, so put that on your radar. As it turns out, and has never been reportedSFs recalls are directly linked to DeSantis’ GOP. Friends of Lowell founder Lee Cheng, Harmeet Dhillon, and Moms for Liberty’s Chris Marston all sit on the board of the anti-LGBT, anti-affirmative action Center for American Liberty.

Lee Cheng is also a 1985 Lowell alum that brought the 1994 lawsuit against SFUSD that led to the resegregation of San Francisco’s schools. Lee Cheng is also a founding member of The Center for American Liberty, whose CEO is Harmeet Dhillon, attorney for Donald Trump. The treasurer is Chris Marston, registrar for Mom’s For Liberty’s three national PACs.

@jennycohn1 Thank God (pun intended) 4 the ability to download & archive proof of the NAR’s dominionist agenda. This is painstaking but crucial work. The American public must be able to hear & read the NAR’s own words. Not our words, theirs. Trump, Flynn, & Stone embrace these zealots.

The Tea Party Used To Be called The American League
Voting against Trump is ‘treason to your heritage’ The white nationalist and former KKK grand wizard encouraged his listeners to volunteer for Trump. https://twitter.com/DrDavidDuke — KKK Grand Wizard David Duke

The Heritage Foundation was founded with Koch Brothers money.
KOCH BROTHERS SECRETLY FOUNDED CATO THINK TANK.

“I know that men are won over less by the written word than the spoken word, that every great movement on this earth owes its growth to great orators . . . and not to writers.” — Adolph Hitler

Donald Trump’s money originally came from his grandfather Friedrich Trump who ran a whore house and bar in Canada’s subarctic British Columbia. Donald Trump’s Father Fred Trump was arrested when anti-Catholic Ku Klux Klansmen attacked police in New York in 1927.
The Scots-Gaelic Sanas of Ku Klux Klan ~ Dan Cassidy Jump Jim Crow

TODAY “Prosecutors are now prepared to ‘stack’ an ‘additional 30 to 45 charges’ on top of the 37-count indictment brought against Mr Trump” using new evidence including additional recordings “which reveal Mr Trump making incriminating statements.”
The judge overseeing the E. Jean Carroll lawsuit just REJECTED Donald Trump’s attempted use of presidential immunity to stop the lawsuit. Judge Kaplan wrote there’s no connection between Trump’s attacks on E. Jean & his responsibilities as president. Great news for E. Jean.

Elections director of Arizona county quits, says she wasn’t protected from political attacks

Prosecutors charge three men with insider trading scheme related to Trump’s media company

HEALTH

Physicians for Human Rights @P4HR
New U.S. #abortion restrictions don’t only violate the fundamental human rights of pregnant people; these laws also put clinicians in an impossible position, forcing them to choose between the law and the reproductive rights + health of their patients.

Why Canada’s wildfires will affect air quality for weeks to come
Canada’s fire season is especially bad, and it could lead to smoke drifting southward for the rest of the summer. By Li Zhou Jun 28 2023

PA House passes controversial bill that would set on patient-to-nurse ratios in hospitals

FINANCE

@jchervinsky and @MTCoppel wrote a paper explaining why outline the legal argument for why Chair Gensler must recuse himself from decisions related to digital asset enforcement.
Chair Gensler Must Recuse Himself From Digital Asset Enforcement Decisions

1/ SEC Chair Gary Gensler has wrongly prejudged that all digital assets are securities.

As a result, federal law requires that he recuse himself from all enforcement decisions related to digital assets.

177 page COINBASE’S ANSWER TO PLAINTIFF’S COMPLAINT
Coinbase $COIN International has reached approximately $100 million in daily trading volumes, as per data from The Block. From June 21 to June 28, the exchange recorded nearly $900 million in trading volumes.

Vitalik Buterin states that the Ethereum Foundation owns wallet 0x5ed6.
Vitalik might be a russian-chinese agent.
In the Flow Diagram below, Label “1” is what Vitalik claims is owned by the ETH Foundation. This wallet setup and was the original funder of Wallet 2. Wallet 2 setup 3, and Wallet 3 setup 4.
I front ran the WORLD by 4.5 months when I told you that Wanxiang, a Chinese auto maker, was the early ETH investor who funded & setup Vitalik Buterins official wallets. Now the news on Prometheum comes out & people are waking up.

Large Language Models Are Small-Minded

Financial storm bears down on US commercial real estate
Long-awaited reckoning arrives as building loans come due at time of scarcer credit
Only 10% of NYC commercial real estate isn’t in distress. Wow!! The calls to return to the office are about a real estate bust becoming a snowball Im for the US economy not productivity

It almost seems as if those in the media and government want liberals and conservatives (whatever those terms mean now), black and white, rural and urban, old and young, etc. people to fight with each other, to distract us from the real threat, a few sucking up all the wealth.

Imagine if the Press Covered the Supreme Court Like Congress

@jayrosen_nyu
Outstanding critique of how Supreme Court reporters conceive of their job by @Dahlialithwick, who writes about the Court for @Slate.

Come for the boiling frustration at outdated routines. Stay for the icy calm in her analysis of where it’s all going.

“Repeating manufactured narratives with which the court will eventually manufacture legal doctrine serves the court’s interest. The problem is that it does not serve the interests of the public, and that’s whom journalists are supposed to be writing for. Unfortunately, we somehow did not learn the lesson the public was forced to learn during the Trump years—that just because there’s a red brief and a blue brief, this doesn’t by necessity mean that there are two legitimate, fact-based sides to an issue to which we must impute good faith. There isn’t always some reasonable compromise to be found in the middle. Watchdog groups have proved that a good number of those briefs were bought and paid for by big money, riddled with bad science, and driven by an Overton window theory of the law. We have enabled the Overton window by forgetting that the story of what happened to the Supreme Court on Mitch McConnell’s watch is as much a Supreme Court story as the manufactured narrative of 303 Creative—even if there will never be a 6–3 decision handed down about it.”

Imagine if the Press Covered the Supreme Court Like Congress

You can’t, can you?

You can write that the Supreme Court is delegitimizing itself only so many times before you’ve made yourself ridiculous. If the high court is not in fact behaving in a fashion that makes its decisions respected, the real question is: Why are we all zealously watching and reporting on its decisions as though they are immutable legal truths? Why are we scientifically analyzing every case that comes down as if it holds value? The obvious answer is that these decisions have real consequences—something the past year has showed us far too graphically. But if the Supreme Court is no longer functioning as a real “court,” why are we mostly still treating its output as if it were simply the “law”?