Larry Summers’ “I Could’ve Had a V-8 Moment” on U.S. Regulators’ Persecution of U.S. Tech Companies
Former Treasury Secretary Larry Summers, who presciently warned the Biden Administration that blowout bills like the Inflation Reduction Act would actually generate inflation, is now slapping his head about the strange, perverse war that same administration is waging on America’s most innovative tech companies.
Read MoreProgressive Antitrust’s Agenda Is a Perverse Rx for a Nation in Debt
Wildflowers are blooming, the sun lingers, and President Joe Biden believes the recent jump in employment means his economy is showing green shoots of renewal. But the American people are not buying it. A recent CBS News poll reveals that 59 percent of Americans believe the state of the economy under Biden is bad.
Read MoreProgressive Antitrust’s Remarkable Sense of Timing
April 15, 2024 One of the most remarkable accomplishments of this administration is the keen sense of timing it brings…
Read MoreWill Court Kick Lina Khan’s Case Against Meta’s to the Curb – Again?
What constitutes a market? Define it narrowly enough, and progressive antitrusters can find a monopoly anywhere. Draw lines around a market for “chicken sandwiches not sold on Sunday,” and you can charge Chick-fil-A with being a monopoly. Define a market for red-headed comedians who rely on props and you can charge Carrot Top … Okay, go ahead and charge Carrot Top. But you get the point.
Read MoreMimi Walters Explains Why DOJ’s Apple Lawsuit Is an Attempt to Dismantle the Free Market
Former Rep. Mimi Walters writes in The National Review: “The Department of Justice’s lawsuit against Apple is weak, it seeks to substitute central planning for consumer preference, and it will threaten innovation.”
Read MoreWhat Larry Fink Misses About the Coming Social Security Crunch
This is rich, in every sense of the word.
BlackRock’s CEO Larry Fink in his annual letter warned Baby Boomers that younger generations “believe my generation – the baby boomers – have focused on their own financial well-being to the detriment of who comes next. And in the case of retirement, they’re right.”
Read MoreKhanservatives, Whores, and Socialism
March 25, 2024 “Khanservatives” like Sen. Josh Hawley, Sen. J.D. Vance, and Rep. Matt Gaetz are throwing their lot in…
Read MoreRobert Bork Jr. on DOJ’s Taste-Setting Lawsuit Against Apple
Sometimes, when I wonder if I am right on the issues, I simply go to Sen. Elizabeth Warren’s Twitter-feed to make sure she’s taking the opposing view. Then I know I am right. This morning, Sen. Warren wrote: “It’s time to break up Apple’s monopoly.”
Read MoreStatement by Robert H. Bork Jr., President of the Antitrust Education Project, on Department of Justice antitrust action against Apple
Today’s announcement marks the capstone of the progressive attack on the last of our country’s most innovative tech companies. It also marks a return to the long-discredited antitrust era of “big must always be bad.”
Read MoreAre we our own Manchurian candidate?
The two Super Bowl ads run by Chinese retailer Temu got me to thinking: Will future historians one day wonder why Western regulators worked so hard to degrade their most competitive multinational companies just in time to hand global markets to a predatory China?
Read More