And this will doom any meaningful reform.
David Dayen
David Dayen is the executive editor of The American Prospect. He is the author of Monopolized: Life in the Age of Corporate Power and Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud. He co-hosts the podcast Organized Money with Matt Stoller.
He can be reached on Signal at ddayen.90.
Posted inBooks, Arts and Culture
CNN’s Debate Fail
The Democratic debate was an inevitable by-product of turning news into an entertainment and cultural product.
Posted inLaw and Justice
The Facebook Settlement Amounts to Bribery of a Federal Agency
The FTC admitted taking a higher settlement figure from Facebook in exchange for declining to depose Mark Zuckerberg.
Posted inEconomic Policy
Democrats Must Reframe 2020 Around Trump’s Corruption
Predicting an economic downturn shouldn’t be the focus when even a good economy fails to benefit everyone.
Posted inLaw and Justice
AT&T Hires Verizon (Excuse Me?)
Why has one telecom giant hooked up with its chief rival—and what does it portend for their more than 200 million subscribers?
Posted inMoney, Politics, and Power
Trump’s Antitrust Cops Fail to Police Big Business—Again
The day after one regulator announces an investigation into Big Tech, another gives Facebook a wet kiss. It’s all part of a pattern.
Posted inTAP
Politicians Stop Being Polite and Start Getting Real-Time
In 2019, it’s still the case in America that if you deposit a check or have funds wired into your bank account, it can take up to five days for you to access your money. This puts the United States behind such advanced economies as India, Poland, and Kenya, the latter of which has had […]
Posted inMoney, Politics, and Power
Republicans Proved Deficits Don’t Matter
They aren’t a problem politically, and they benefit the country economically. But Republicans only admit this when one of their own is in the White House.
Posted inMoney, Politics, and Power
The Newly Energized Progressive Caucus Is Winning
If recent votes are any indication, the next flurry of liberal policymaking will look far different from the last one.
Posted inLaw and Justice
Eugene Scalia Once Represented a Big Bank in a Sexual Harassment Case. It Got Ugly.
In a 2015 deposition, the Labor Secretary nominee highlighted a victim’s sexual history and intimated that she schemed to win a payday.
