Pete needs to go mayor some more. He had a few good ideas during the primary, but as Transportation Secretary I’m astounded at his lack of ambition.
There are a handful of administration officials – Lina Khan first among them – who’ve learned to use their power assertively to make changes to broken systems. And Pete… he seems like he just pops up when another piece of infrastructure breaks to let us know that he’s on it. Maybe he’s doing something more, but if so he’s doing it very, very quietly.
Bro… Lina got put in place to show that feds are “trying”
The judiciary is clearly not impressed.
Wall Street Pete is there to cover up railroad accidents and Boeing bullshit. I don’t think he even has good intentions, just management consulting zombie being put in place to do corruption for the elites.
If I can be frank, I’m reading from your tone that you’re not here for polite, factual persuasion. But if I’m wrong, or someone else sees this, I gotta drop a fact check on the ‘Lina can’t win cases’ myth:
More practically, this loss discredits the main argument from Wall Street. Dealmakers, and thinkers like Larry Summers, have often said that while Biden antitrust enforcers are aggressive, if corporations are willing to go to court, the government is likely to lose because judges won’t let them rewrite the law. This narrative was so strong that Lina Khan and Jonathan Kanter were questioned in Congress as to whether they were even trying to win. It’s always been a narrow and bad faith critique, but this victory, plus, the win in the Fifth Circuit over Illumina, should put that narrative to rest. Antitrust lawyers will tell their clients to go to court at their peril.
Pete needs to go mayor some more. He had a few good ideas during the primary, but as Transportation Secretary I’m astounded at his lack of ambition.
There are a handful of administration officials – Lina Khan first among them – who’ve learned to use their power assertively to make changes to broken systems. And Pete… he seems like he just pops up when another piece of infrastructure breaks to let us know that he’s on it. Maybe he’s doing something more, but if so he’s doing it very, very quietly.
Bro… Lina got put in place to show that feds are “trying”
The judiciary is clearly not impressed.
Wall Street Pete is there to cover up railroad accidents and Boeing bullshit. I don’t think he even has good intentions, just management consulting zombie being put in place to do corruption for the elites.
If I can be frank, I’m reading from your tone that you’re not here for polite, factual persuasion. But if I’m wrong, or someone else sees this, I gotta drop a fact check on the ‘Lina can’t win cases’ myth:
https://www.thebignewsletter.com/p/out-with-a-bang-as-ftc-beats-the
It’s kind of a deep dive, but it’s worth it.