this post was submitted on 26 Jul 2024
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Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace Federal Trade Commission Chair Lina Khan if she becomes U.S. president, openly rejecting a pillar of President Joe Biden's antitrust policy.

Khan has been at the forefront of the Biden administration's push to use U.S. antitrust law to boost competition and address high prices and low wages. Khan, who oversaw the FTC's ban on noncompete agreements, has drawn the ire of corporate groups, but won fans including Donald Trump's running mate, JD Vance, for her skepticism towards big business.

Now, big money Democratic donors this week publicly said Khan should not be part of a potential Harris administration. Diller, chairman of travel site Expedia, said in a recent Bloomberg interview that he would donate the maximum allowed to Harris' campaign. He said in an interview on CNBC on Friday that he would lobby Harris to replace Khan, saying Khan was against "almost anything" business wants to do to grow efficiently.

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[–] [email protected] 9 points 1 month ago* (last edited 1 month ago)

I'll start donating the maximum I can afford if she tells him to fuck off publicly! Or, just tell the douch she'll do it, then call him the day she confirms the pick is the same, and thank him for the donations. Fuck these ghouls.

[–] [email protected] 16 points 1 month ago

Oligarchs prevent democracy

[–] [email protected] 20 points 1 month ago (2 children)

Do it. Replace her with Bernie Sanders

[–] [email protected] 16 points 1 month ago (1 children)

Ngl, bad idea. She is doing amazing and an expert in her field. Bernie is already doing a good job representing his people, let him be.

[–] [email protected] 3 points 1 month ago

It was what I like to call a joke

[–] [email protected] 2 points 1 month ago

That would be funny lol.**

[–] [email protected] 15 points 1 month ago (2 children)

Man, do we need a Rosevelt at the seat right now.

[–] [email protected] 12 points 1 month ago

Best I can do is a reject Kennedy with brain worms.

[–] [email protected] 3 points 1 month ago (3 children)

How can a Roosevelt be useful to us in this contemporary era? I ask out of curiosity.

[–] [email protected] 4 points 1 month ago

He was famous for busting the biggest trusts the world has ever seen. Standard oil, U.S. Steel and I forgot the name of the railway.

[–] [email protected] 17 points 1 month ago (1 children)

Roosevelt threated to put bankers in stocks. For causing the depression. We need a president that threatens personal consequences to the ultrarich for their egregious actions.

[–] [email protected] 6 points 1 month ago

And like, personal. Not just numbers that go down kinda maybe except not in the Caymans.

[–] [email protected] 6 points 1 month ago

Talk quietly. Big stick bashing billionaires.

[–] [email protected] 114 points 1 month ago (3 children)

Amazing that we don't consider shit like this to be bribery.

[–] [email protected] 30 points 1 month ago

I promise you everyone else does 😂

[–] [email protected] 33 points 1 month ago (1 children)

Maybe the citizens should unite...

[–] [email protected] 8 points 1 month ago (2 children)

To demand that the government finance the political campaigns of the candidates and that there be no more lobbying?

[–] [email protected] 9 points 1 month ago

Research "citizens united". It's one of the biggest rulings that ever helped totally fuck the country up.

[–] [email protected] 8 points 1 month ago

Yeah. For sure. Us citizens had enormous power together, but they don't exercise it. (I was also referencing "citizens united" ruling, that made bribery legal)

[–] [email protected] 5 points 1 month ago

It would actually be considered lobbying.

[–] [email protected] 12 points 1 month ago* (last edited 1 month ago) (1 children)

but won fans including Donald Trump's running mate, JD Vance, for her skepticism towards big business.

Huh? The GOP appointments on the board were all about supporting non-competes saying it helps business and all that garbage.

[–] [email protected] 10 points 1 month ago (1 children)

Lots of Republicans don't like Amazon. Khan became famous as an academic by publishing articles saying how Amazon needed to be reined in, that existing antitrust law wouldn't do it, and that such-and-such changes should be made. She got brought into the FTC basically because of that.

[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

So the goldilocks size of business.

[–] [email protected] 19 points 1 month ago (1 children)

As usual the vultures see a regime change and try to swoop in

[–] [email protected] 2 points 1 month ago

It might be a good sign.

[–] [email protected] 62 points 1 month ago (1 children)

Idk anything about her but FTC has been actually doing work lately....

Like.. fuck that. But again IDK who this woman is.

[–] [email protected] 32 points 1 month ago (2 children)

Diller, chairman of travel site Expedia, said in a recent Bloomberg interview that he would donate the maximum allowed to Harris' campaign.

That's only like $3,300, right? What kind of influence does he expect with that?

[–] [email protected] 8 points 1 month ago (1 children)

There's maximum campaign donation?

[–] [email protected] 17 points 1 month ago (1 children)

For an individual person, yes. The loophole that the rich and wealthy use is to donate any monetary value above that 3k, to a PAC or super PAC.

[–] [email protected] 1 points 1 month ago (1 children)

I hear this word a lot, It's like a lobby?

[–] [email protected] 2 points 1 month ago

A PAC is a political action committee. You can only donate $3300 to a politician but if you donate 33 million to a PAC that pac can advertise, organise and campaign on the politicians behalf. Effectively sidestepping political donation laws.

[–] [email protected] 11 points 1 month ago

Everything ... 'cause rich.

Silly you. ;)

[–] [email protected] 122 points 1 month ago (1 children)

If big business liked her she wouldn’t be doing her job. I saw her on Jon Stewart and she’s smart AF! I kinda gotta low key thing for her now. Should I tell my SO?

[–] [email protected] 36 points 1 month ago (1 children)

Yes. Tell your SO. It’s a celebrity crush. Many people in relationships have them. Maybe you two can even role play and get spicy. Good luck!

[–] [email protected] 45 points 1 month ago (2 children)

Oh, baby! I'm almost there. Say it again. Say, "too big to fail is too big to exist," again!

[–] [email protected] 2 points 1 month ago

Get your coconuts ready gentlemen

[–] [email protected] 12 points 1 month ago

Not quite what I was thinking, but if that works for you, who am I to judge? 🤓

[–] [email protected] 34 points 1 month ago

How about Lina Khan runs for president

[–] [email protected] 48 points 1 month ago

When asked for comment on the ramifications of operating business efficiently upon an already struggling working class, who are finding it increasingly difficult to secure housing and adequate nutrition for themselves and their children, Diller's lips formed a smile twice as broad as his face, eyes glossing over as he stared dreamily into the distance with eyes twinkling like the night sky.

The above quote may or may not actually appear in the linked article.

[–] [email protected] 28 points 1 month ago* (last edited 1 month ago) (2 children)

This would be a great way for Harris to fully bidenize any enthusiasm the general public has for her candidacy.

Personally I'm saving empty glass bottles for no particular reason, I hope there continues to be no reason in the future

[–] [email protected] 14 points 1 month ago (1 children)

Don’t forget to stock up on your oily rags. Never know when those will come in handy.

[–] [email protected] 17 points 1 month ago

But do not store them all together, as oily rags in sufficient heat, less than you think, can spontaneously combust.

[–] [email protected] 3 points 1 month ago

Same here 🍾🫡

[–] [email protected] 173 points 1 month ago

Khan, who oversaw the FTC's ban on noncompete agreements, has drawn the ire of corporate groups ... saying Khan was against "almost anything" business wants to do to grow efficiently.

Riiiight. "Business growing efficiently" sounds like a really bad meme, with NDA and layoff texts covering the whole panel and Trump screaming "YOU'RE FIRED!!"

Big business can fuck right off.