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Musk buying twitter, Bezos buying WaPo, Ellison buying CBS—all are less profitable now. But they’re political investments that increase the value of the new owners’ portfolios Wealth concentration makes this possible, and that’s one mechanism by which inequality destroys democracy
2/2 I appreciate the pleasures of a big event…I think cities are well to have them at public expense. But there was rightful skepticism of costs long before the Trump admin went about ruining tourism generally and World Cup.
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Donald Trump proposes a 1.776 billion slush fund for terrorists. In my book "On Freedom" I proposed $1776 as guaranteed monthly fixed income for Americans. Each kind of future is possible. We choose.