Oil companies insist that if cases are allowed to proceed, it could have major ramifications for the future of their industry. Will a Supreme Court willing to grant Trump immunity for his crimes do the same for Trump’s oil industry backers?
Money, Politics & Power
Posted inVideos
The Prospect Weekly Roundup: How the Supreme Court Legalized Political Corruption
David and Master Plan co-author David Sirota go through the 50-year history of corporations plotting to buy the government.
Posted inMoney, Politics, and Power
Here’s What Trump’s Ballroom Donors Want
The price tag on Donald Trump’s garish White House ballroom, now up to $350 million, keeps increasing. That’s because the cost of construction isn’t nearly as important as having an inventory of donations available for corporate America to pony up.
Posted inMoney, Politics, and Power
Microsoft Is Abandoning Windows 10. Hackers Are Celebrating.
The company will stop supporting the OS on October 14. Advocacy groups warn this will leave up to 400 million computers vulnerable to hacks or in the dump.
Posted inMoney, Politics, and Power
Why Do We Assume TrumpTok Will Succeed?
Oracle has no history of creating compelling consumer-facing products. Their ability to run the most addictive algorithm in social media is questionable.
Posted inVideos
The Prospect Weekly Roundup: Crypto Party in Cowboy Country
David and staff writer Whitney Curry Wimbish talk about how crypto bought Congress and how Wyoming is becoming the crypto capital.
Posted inEconomic Policy
Big Banks Behaving Badly
Decades of consolidation have made large financial institutions the primary partners for small businesses. Two case studies show how banks destroy businesses with automated systems, rather than personal relationships. Meanwhile, America’s relatively meager safeguards are being radically dismantled.
Posted inMoney, Politics, and Power
Ted Cruz Attempts to Exempt Big Tech From the Law
The Texas senator has introduced a bill allowing any AI company a streamlined path around regulations.
Posted inMoney, Politics, and Power
Down and Out on the Crypto Frontier
In Wyoming, the Delaware of cryptocurrency, industry players celebrated their fortunes and said everyone will benefit. But workers haven’t seen it.
Posted inMoney, Politics, and Power
Capture the Media, Control the Culture?
Trump’s attack on Jimmy Kimmel helps spotlight an even bigger problem.