Robert Reich, is the Chancellor's Professor of Public Policy at the University of California, Berkeley, and a senior fellow at the Blum Center for Developing Economies. He served as secretary of labor in the Clinton administration, for which Time magazine named him one of the 10 most effective cabinet secretaries of the twentieth century.
What do card sharks, magicians, pickpockets, and tyrants do to hide their tricks? They deflect your attention. “Look over here!” they say, as they create a commotion that preoccupies your mind while they bamboozle you. At first, I thought U.S. President-elect Donald Trump ’s gonzo nominations were intended to flood the zone—overwhelm us, demoralize us, cause us to lose our minds.
Since the election, the price of bitcoin has surged to record levels. The crypto exchange Coinbase, a major contributor to candidates friendly to crypto, expects regulators to keep their hands off it. Coinbase CEO Brian Armstrong has become about $4.5 billion richer since Trump’s victory, as Coinbase shares soared 67%. Oh, there are also the private prison corporations.
Democracy Elon Musk Fossil Fuels Inequality Oligarchy Private Prisons Tax Cuts Vivek Ramaswamy Donald Trump
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here’s What Billionaires Are Saying Online In Response To Trump’s VictoryKyle Khan-Mullins is a Forbes reporter on the money in politics team, investigating megadonors, fundraising organizations and the wealth of those holding or seeking public office. He joined Forbes in 2023 and works in Washington state. Khan-Mullins has covered the fortunes of Donald Trump, other presidential candidates, and Supreme Court justices.
Read more »
Here’s What Billionaires Are Saying Online In Response To Trump’s VictoryKyle Khan-Mullins is a Forbes reporter on the money in politics team, investigating megadonors, fundraising organizations and the wealth of those holding or seeking public office. He joined Forbes in 2023 and works in Washington state. Khan-Mullins has covered the fortunes of Donald Trump, other presidential candidates, and Supreme Court justices.
Read more »
Self-Styled Working Class Fighter Trump Readies Cabinet Shaped by BillionairesJulia Conley is a staff writer for Common Dreams.
Read more »
Billionaires Take Smug Victory Lap After Trump’s Decisive WinTech CEOs, venture capitalists and assorted billionaires celebrated a Trump victory they paid for.
Read more »
Cowardly Billionaires Are Obeying Trump in AdvanceWill Bunch is the national columnist for the Philadelphia Inquirer -- with some strong opinions about what's happening in America around social injustice, income inequality and the government.
Read more »
Some billionaires, CEOs hedge bets as Trump vows retributionWith the race tight, some business elites are toning down past criticism of the former president.
Read more »