Tag: market capitalization

GOP Stops Pretending It Ever Actually Cared About ‘Antitrust Reform’

Tina Marie (Ms. Cat)

GOP Stops Pretending It Ever Actually Cared About ‘Antitrust Reform’

To be clear, despite the press narrative to the contrary, I don’t think either party is particularly serious about antitrust reform. Congress is simply too grotesquely corrupt, and the combined cross-industry lobbying opposition to meaningful reform too great, to currently be overcome without some sort of major policy and cultural trajectory shift and a massive upheaval in Congress.

Related:

Big Tech Antitrust Push in Congress Is Blunted by GOP-Led House

The appointment of Massie, a Massachusetts Institute of Technology-trained inventor who has filed dozens of patents, signals that the Judiciary Committee under Chair Jim Jordan of Ohio will shift its focus away from legislation aimed at curbing the power of the largest tech companies. Jordan has been more focused on free-speech issues, including big tech’s perceived liberal bias.

“We’re all united in wanting to stop the censorship of conservatives and the suppression of free speech,” Jordan said in an interview. “That’s going to be a focus of the full committee work.”

Funny, that’s not what Massie told Breitbert. 🤷🏼‍♀️

Real Estate CEO: Recession Could Be “Good” if “Unemployment … Puts Employers Back in the Driver Seat”

Tina Marie (Ms. Cat)

The CEO and president of Douglas Emmett Inc., a real estate corporation worth over $3 billion and based in Santa Monica, California, said on an August 2 corporate earnings call that a recession could be “good” for the commercial real estate business “if it comes with a level of unemployment that puts employers back in the driver seat and allows them to get all their employees back into the office.” The executive, Jordan Kaplan, then repeated that “the thought would be that unemployment would be up. And therefore, employers would be in the driver seat to bring people back in the office, which is where they want them.”

Real Estate CEO: Recession Could Be “Good” if “Unemployment … Puts Employers Back in the Driver Seat”