Jim Cramer Has Red Scare Panic Attack Over Anti-Trust Enforcement
February 12, 2023
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6:59Now PlayingJim Cramer Has Red Scare Panic Attack Over Anti-Trust Enforcement
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as posted by the channelIn the context of the DOJ taking action against google, CNBC's Jim Cramer talks about Biden's Federal Trade Commission, saying that they are the most ideological, anti-trust-oriented FTC since the days of Standard Oil and Theodore Roosevelt.
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Matt Binder DOOMED
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Check out more from the MR crew:
Matt Binder DOOMED
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Emma Vigeland ESVN
Matt Lech LEFT RECKONING
I like watching Jim Cramer and all these CNBC people freak out. yeah about the greatest trick to them or even like the neoliberals people or the so-called Centrists the greatest trick they've ever played on our society is that they don't have an ideology. that when they propose an interpretation of antitrust it is completely free of an ideological basis. it is just science or nature. Here is CNBC proving that point. remember what you trust in this country from Teddy Roosevelt basically the turn of the century I should say the 20th century until 1980 antitrust was one way in this country. and then in 1980, the Borkian school of antitrust took hold in the Reagan Administration. and for the past 40 years, it's been another way. you would not know that if you listen to CNBC. won by Jonathan Tanner. No. I'm sure he has a lot of great lawyers. but you know who else does? alphabet. and you know who else has unlimited money? alphabet. well yeah, Jamie gorilla that first goes around now represents Amazon. I mean they're not musk we haven't even touched yet it was standing don't worry we're just saying that this is the most ideological antitrust Department I have seen since and you'll get this standard oil into n and Teddy Roosevelt. they want to make law I don't know cool the Harvard Law review piece by our distinguished FTC person but what it says is that all combinations are bad. they're all bad. they're bad for everyone right? and they're really particularly good for rich people and bad for everybody else.
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