IAC/Interactive Chairman Barry Diller spoke with Bloomberg's Erik Schatzker about many things including the state of the TV industry, Tinder, and Jack Dorsey at the Bloomberg Markets Most Influential Summit in New York today. However, the one thing that caught our attention was the prominent Democrat's characterization of what he would do if Donald Trump wins the presidential election.
His quote:
"If Donald Trump doesn’t fall, I'll either move out of the country or join the resistance. I just think it's a phenomenon of reality television as politics and I think that that is how it started. Reality television, as you all know, is based on conflict. All he is is about conflict and it's all about the negative conflict. He's a self-promoting huckster who found a vein, a vein of meanness and nastiness."
The reality is that many, if not most US corporate executives, comfortable with the close relationship their money has with D.C. career politicians whom they know they can buy and manipulate without reproach, share Diller's sentiment.
Which is why one wonders if despite all his various misgivings, having Trump in the oval office may well be worth if only for the mass exodus of all those who have co-opted US democracy, who have equated corporations with people, who have put the "crony" in crony capitalism, and who have been the sole beneficiaries of the $3 trillion in Fed asset purchases to date, purchases which are set to continue shortly.
