Hey is running a special on my book Monopolized for 70% off this month!
Written a few years ago but, shockingly, we haven't yet solved the monopoly problem.
Pick it up at the link:
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David Dayen
@ddayen
Executive editor, . Author, Chain of Title and Monopolized. Tips/pitches at ddayen at prospect dot org.
Los AngelesJoined August 2007
David Dayen’s Tweets
Wait I found people even more deserving of your pity: Cayman Islands depositors at Silicon Valley Bank
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I thought Dems keeping work requirements in their child care bill undercut their message condemning Republican work requirements as a stalking horse for limiting access. But no, maybe that's just what they want to do nytimes.com/2023/05/12/us/
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This company took infrastructure money that committed them to some form of union neutrality under an EPA community benefits-style program.
Company gets a stable workforce and funding, employees get a voice. This is the blueprint.
epa.gov/system/files/d
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The Steelworkers filed 7 different ULPs in this election.
nlrb.gov/search/case/bl
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Huge win for the UAW in Georgia that begins to validate what Biden is trying to do with industrial policy
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Laughing at the notion of an antimonopoly hype reel but yes, I'm ready to run through a wall and sign an amicus brief to a merger challenge now
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Monopoly power threatens our democracy, stifles innovation, and harms consumers. But we can change that.
The antimonopoly movement is working build a fairer future and more competitive economy for everyone.
ICYMI our hype reel from #AMS2023.
ICYMI our hype reel from #AMS2023.
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It's that time of year again 🙃
and discuss this year's debt ceiling hostage situation on today's LIVE call-in
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. asks the White House to send out FEMA to assist migrant processing at the border. (via email)
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. delivering stone cold truths: "We’re in a live hostage negotiation over what level of austerity will satisfy the hostage-takers." 😩
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I wrote a piece on Envision Healthcare, the bankrupt apotheosis of 21st century American medicine. Best known for surprise billing, the ER outsourcing firm was also a pioneer of fee-splitting, patient dumping, understaffing, straw owner fraud, physician exploitation, upcoding,… Show more
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NEW: During the 2007-08 WGA strike, studios turned to two revolving-door hacks — Clinton strategists Mark Fabiani and Chris Lehane — to wage a ruthless smear campaign to break the strike.
Will history repeat itself? Our has the story. ⬇️
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The end of Title 42 makes the system for asylum seekers now reliant on an app that doesn't work, writes:
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Remember when Democratic PR flacks Chris Lehane and Mark Fabiani helped crush the last writers strike in 2007 and went on to rep clients like Goldman Sachs and Bill O'Reilly?
Read this story for that history, & how it could happen again:
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"Emergency medicine is now dominated by private equity... who have shifted their compensation schemes to complicated volume-based formulas that doctors say invariably wind up constituting severe pay cuts"
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Envision Healthcare, a giant in the now-unprofitable practice of surprise billing is filing for bankruptcy. Its legacy of turning emergency rooms into vehicles for fleecing patients lives on, as explains in another banger:
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Because the executive has other options (the coin or premium bonds), the argument that the debt ceiling statute forces the executive to break the law may be premature.
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On X-Date today, I looked at the union-led lawsuit against the debt ceiling statute. It's actually pitched as a conservative argument against excess executive power. But it's not as clear cut as "violate the 14th Amendment or violate spending laws."
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I need Dick Cheney shooting me in the face right now
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Doc Rivers just lost his 32nd (!!!!!) series clinching game as a head coach. The most in NBA history
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Been pretty clear for a while now
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Not a ton of specificity here, but it increasingly seems like the White House has decided to cave and is trying to slowly acclimate people to it, so there’s no abrupt blink followed by shock and outrage. Just slowly increasing resignation. Pretty pathetic. reuters.com/world/us/biden
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They don’t want you to see the polling on the AMERICAN PROSPECt (weather channel numbers); wouldn’t fit YouGov’s agenda, huge L
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NEW Trust in Media 2023 Poll:
Americans are sharply divided along partisan lines on how much they trust the news reported by national media organizations.
today.yougov.com/topics/politic
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As long as House Democrats are doing a doomed discharge petition for a clean debt limit bill, they can do another one to make sure the rail safety bill gets a House vote, writes:
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No rush
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NEWS: Tomorrow’s meeting between Biden and Congressional leaders on the debt limit/spending has been cancelled.
WH spox says “staff will continue working and all the principals agreed to meet early next week.”
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Now, on to the Center for Medicare and Medicaid Services, which is truly messing up the critical prescription drug price negotiation-
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. wrote about this controversy this morning. The Dept of Energy, after saying they couldn't purchase, now plans to do so next month.
We're a results-oriented publication.
prospect.org/environment/20
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U.S. ENERGY SECRETARY GRANHOLM SAYS U.S. WILL SEEK TO PURCHASE OIL FOR STRATEGIC PETROLEUM RESERVE AFTER CONGRESSIONALLY MANDATED SALE ENDS IN JUNE
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Excellent piece from in the highlighting that is on the verge of potentially making a huge mistake by using existing high prices of therapeutic alternative drugs as the starting point in the Medicare drug price negotiations:
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Regulators on the Verge of Bungling Drug Price Reform, Advocates Say ( / American Prospect)
prospect.org/health/2023-05
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well this makes sense: Medicare *finally* wins the right to negotiate discounts on a *handful* of the drugs for which it pays 10x more than any other country, and it's.... not allowing itself to use international prices as a reference point for negotiating
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X-Date today is about the Beltway media trend of claiming "the debt ceiling always requires a negotiated settlement" when this just isn't true at all
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Bottom line is that the National Pork Producers lost their case to invalidate California's Prop 12, which is a pleasant surprise.
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Let's say we're in a negotiation for widgets.
You're charging $100. In the rest of the world it costs $20. A similar widget in the U.S. costs $90.
My first offer is $90.
That's what regulators are proposing as the method for Medicare drug negotiations.
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This sums it up from & it’s amazing how this matters more than a presidential promise:
“I think it comes down to the fact that [DOE] has done 1 thing for a very long period of time, & now they’re being asked to do something very different.”
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The president promised last October to use the Strategic Petroleum Reserve to stabilize oil prices. The Department of Energy, which manages the SPR, just isn't doing it.
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