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What Happens When a Bonkers President Takes Over the Private Sector https://robertreich.substack.com/p/what-happens-when-a-president-intrudes?utm_source=dlvr.it&utm_medium=mastodon

What Happens When a Bonkers President Takes Over the Private Sector

We need independent regulatory agencies to contain him

Robert Reich

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Zhi Zhu 🕸️Dec 12

"Trump declared he would involve himself in any proposed sale of #WarnerBros... he said it was “imperative” that the transaction result in the sale of #CNN & replacement of its leadership.

... #LarryEllison —one of the richest people in #America & largest individual shareholder of #Paramount...

assured #Trump & his top aides that if Paramount gains control of Warner Bros & CNN, it will get rid of CNN personnel whom Trump apparently detests"
- @rbreich

https://robertreich.substack.com/p/what-happens-when-a-president-intrudes?utm_source=dlvr.it&utm_medium=mastodon

#News #US #USA

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Zhi Zhu 🕸️

"Paramount is portraying itself as the best bid for #WarnerBrosDiscovery ... even though #Paramount is relying on financial backing from three #MiddleEast sovereign-wealth funds (along with #JaredKushner).

Who in their right mind would give Middle East wealth funds any leverage over #CBS and #CNN? Answer: #Trump, whose family business is already deeply dependent on financing from the Middle East."
https://robertreich.substack.com/p/what-happens-when-a-president-intrudes?utm_source=dlvr.it&utm_medium=mastodon

#DonaldTrump #Fascism #Corruption #News #Media #Press #US #USA #America