Corporate America

An Army Of Lobbyists Is Coming To Kill Tax Reform

“I mean, over the next two weeks, especially when the Senate tax-writing committee puts their stuff out, they’re going to realize that this the biggest tax code rewrite since 1986 and it’s going to affect everyone..."

Mike Rowe: It's Time To Make Hard Work Cool Again

"When you start calling vocational arts 'shop', it’s pretty easy to take shop class out back and put a bullet in its head... That's what we did; we killed shop class, which sends an undeniable message to millions of kids in terms of what is valuable."

Frontrunning: September 22

  • North Korea Ramps Up International Rancor With H-Bomb Threat (WSJ)
  • A nuclear test over the Pacific? Logical, terrifying (Reuters)
  • What's a 'dotard'? Kim's insult to Trump (Reuters)
  • From Rubble and Ruin, a Mexican Town Wonders How to Rebuild After the Earthquake (WSJ)
  • Bonuses Are Shrinking. Blame Hurricanes and Trump (BBG)

Weekend Reading: They're Baaaccckkk!

"With cash levels at the lowest level since 1997, and equity allocations near the highest levels since 1999 and 2007... investors are now functionally 'all in'..."

Facebook Exposed - "You" Are The Product

"Google in my experience knows that there are ambiguities, moral doubts, around some of what they do, and at least they try to think about it. Facebook just doesn’t care. When you’re in a room with them you can tell. They’re’ – he took a moment to find the right word – ‘scuzzy’."

The Two Parts Of Bubbles

"All the ingredients for a stock bubble are present. It’s not really a monetary bubble so much as an expectations bubble...when will people wake up from the hazy doses of self-deluded reality they have become emotionally attached to..."

Why Google Made The NSA

"The origins trace back to a secret Pentagon-sponsored group, that for the last two decades has functioned as a bridge between the US government and elites...The results have been catastrophic: NSA mass surveillance, a permanent state of global war, and a new initiative to transform the US military into Skynet."

How The CIA Made Google

Inside the secret network behind mass surveillance, endless war, and Skynet...