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The choice of new Federal Trade commission chairperson shows that president Biden is making a complete break from the Obama era White House and the favor Tech in Silicon Valley had under Obama, says this report in the WSJ. Antitrust probes by Justice Department and FTC are expected to limit power of tech companies. Ms. Lina Khan is new head of the FTC. Biden says "its just wrong" that Amazon pays little in federal taxes. This report says Mr. Obama feted Silicon Valley at a White House festival called "South by South Lawn."  And that 80% of the 334 people registered to lobby for Apple, Amazon, Google last year previously worked on Capitol Hill or the White House. 

Mr. Biden's Families plan and Jill Biden's commitment to education are more in line with the heritage of FDR and Harry Truman, even Eisenhower, presidents who fought on behalf of the working men and women of America.

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This comes as both president Biden and Republicans under Trump are increasingly wary about the lack of oversight and inability to limit the monopolistic behaviour of tech firms. The investigation of Joshua Wright who defended Facebook, Google and Amazon. After learning about the investigations Amazon acted immediately. Google and Facebook waited before finally acting says this report in WSJ. Joshua Wright, a George Mason University law professor was appointed to the FTC where he had other commissioners dilute the powers of the FTC so that it would benefit Google, Facebook and Amazon from weaker oversight by the FTC. During this period the three companies acquired immense power with monopoly behavior and lack of the necessary oversight from Congress or the FTC. Related to this is the story in this WSJ report of the relations of a GMU law professor with his female students that led to GMU and the tech companies distancing themselves from Joshua Wright as each new story emerged.  ...

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How president Biden is listening to new voices such as Chris Murphy on what economic, social and national model America should base its future on . Tech monopolies, Big Phama, Billionaires paying 8.2% tax and resisting fair taxes, Citizens United keeping out people interested in public service who don't want to raise money from corporations asking favors (Pharma, Tech monopolies). How Biden says his model in a folksy Scranton sort of way about his grandfather saying "Joey just remember" yet has the basics right about investing in the Nation, Fair Taxes that cut Deficits yet rebuild the dilapidated Infrastructure and creates Jobs, Renewable Energy target for 2035 to tackle Climate change.  And Harris as AG bringing her approach to tackle big corporate power and specific down to earth cost of living action +child care action, + housing costs action,  and Walz bringing experience from a large upper midwestern state in implementing climate change action, wage and income improvement, student debt and educational opportunity for all. This is a strong beginning and we build from here as the foundations are laid down for the future to create an Opportunity for All Economy. Making the effort bipartisan in the spirit of the legislation that Biden has achieved with Republicans senior leaders Cornyn, McConnell, and With Lankford on immigration legislation that will be a top priority for Harris to sign into law. ...

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Germany's DW.com looks at the influence of money in US elections. The Supreme Court decision in 2010 for Citizens United said First Amendment rights of free speech enshrined in the US Constitution were not based on the identity of the speaker as an individual or other entity. Corporations and unions were allowed the same rights of free speech. No limit was placed on contributions of companies. This has increased the influence of companies and corporate interests in US elections. This undermines public confidence in the election process. In one instance a billionaire said he would contribute $45 million a month to the former president's campaign. In one talk show the former president offered a position in his administration to that billionaire. In another instance a large Silicon Valley contributor offered large contributions to Harris-Walz and yet remained critical of Biden's choice of regulator Lina Khan at the Federal Trade Commission.  This shows the influence of companies in financing after 2010 is becoming more direct and blatant. Yet US has never had the kind of strict laws existing in Europe on election financing and not setup a public financing mechanism as in Europe. Even before Citizens United SC decision tech, pharmaceutical and oil companies lobbied heavily using the existing laws to their advantage to buy influence.    ...

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President Biden tells the US Congress- "Capitalism without competition is not capitalism. It is extortion." He questioned the form of capitalism in which the largest corporations and tech companies do not pay their fair share of taxes.

"And where is it written that American can't lead the world in manufacturing. And I don't know where that is written. For too many decades we imported projects and exported jobs."

About his planned investments for new factories and jobs- "we're seeing these fields of dreams transform the heartland."

"And now we're coming back because we came together and passed the bipartisan infrastructure law, the largest investment in infrastructure since President Eisenhower's Interstate Highway System. Folks, we've already funded 20,000 projects. And folks we're just getting started. We're just getting started."

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The pandemic and ensuing lockdowns, unemployment in the US separated workers from their jobs just long enough to give them a chance to rethink how bad their jobs, incomes, and working conditions were before 2020, says this expert in the NYT. The aid to unemployed workers through long term unemployment benefits, moratorium of rent payments, direct money to households, gave workers enough financial room to make the choice not to go back to poor paying jobs with huge contact risks from coronavirus in the restaurant, fast food franchise, travel and entertainment industries, related industries.  With the Biden administration investing in child care, maternity leave, care for elderly leave, new opportunities for relocating and looking for work were opening for women, and for men who had stuck to old jobs and put up with lousy conditions because of a lack of alternatives. Biden administration's Families and Workers Plans, the effects of the pandemic, helped to shape a new culture of what was possible for workers- a sense that dignity in the workplace was part of culture in America. Restored by FDR/Truman and now again by Biden after two tech booms in the 1920's and the 1990's. A similar situation of a change in culture respecting the dignity of workers and of work is taking place in European Union as stated by SPD leader Olaf Scholz in his election campaign in Germany. Scholz is now incoming Chancellor replacing Merkel. European Union countries have better laws and rules in place for worker retention, and also better worker protections so that the great resignation that happened in America took place in a milder version. ...

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When even the NYT, or the host of CBS television Face the Nation does it poorly, how are independent voters, and voters leaning Democrat or Republican, or leaning not vote, to have a clear idea of policies?  This review of Trump statements about Harris statements on red meat, ICE, law enforcement, fails to get down to the policies she has stated at Wake Tech in North Carolina and in other places before this. It also does not address the Trump plan to end tax on Social Security which would lead to about $550 going to seniors but lead to a cut of 25% in Social Security in 2032, defunding Social Security and Medicare. Immigration- the first thing Harris would do as president is to sign the legislation written by Republicans Lankford, McConnell with the backing of the party and agreed to by president Biden that will in effect close the Border with Mexico and fix the asylum policy, not done in three decades. Cost of Living- Harris policy on price gouging is for taking the action that companies follow and play by the rule on pricing, so that they do not take unfair advantage of the public. It is not about passing a law or fixing prices. This has been done in Texas and in Kentucky, other states. Restrict rent to 5% increases and increase the supply of new houses by building 3 million new homes, $100 billion to be allocated for fixing housing supply shortages.   ...

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Ezra Klein of the NYT looks at proposed US, EU and Chinese regulatory framework for AI. He points out the problems with the EU- too specific, US- too broad, and China's - state oriented. Klein gives specific points that need to be considered carefully including setting up the regulatory agency like the FDA to strictly regulate AI systems and companies.

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It can be a bit overwhelming, time for a pause, to close the Borders in Europe and in US, to do it together as a Nation. Republican Senator Lankford and senior members of Congress   negotiated the legislation to restrict immigration and close the southern border. It would be signed into law in January 2024 by Biden says Lankford in NYT after 30 years of inaction. The negotiated bill came up 2 months later in March by which time it was stopped by Trump Republicans as an issue for the election. Harris promise is to sign it into law, close the Border. Meanwhile in Springfield Ohio, population of 80,000 in 1960 declined to 59,000 in 2020 dropping 25% over the 60 year period with the decline of the Rust belt towns in the midwestern region of the US. A program that protects people from gang related violence in home country legally allowed 15,000 Haitian immigrants to settle in the city, people who now drive Amazon delivery vehicles and work in nursing occupations and in restaurants, in towns that have severe staff shortages. WIth the influx of refugees from Venezuela at the southern border, this has created anti-immigration sentiment in some parts of America, even as some of the refugees work to fill shortages in traditionally Republican states such as Kansas, as shown in the WSJ, that have decline in population and face severe staff shortages for bus drivers, restaurant workers, and hospital workers. Streams of refugees in earlier eras the Irish, followed by the Germans, followed by Blacks from the South, all followed this path, yet it was also a bit overwhelming, and at these times the nation took a pause. Europe is taking a pause- across Denmark, Sweden, France, the UK- and in the US there is sentiment on all sides for a long pause, to regroup, to reflect and focus on the national goals of binging up the middle class, the lower income classes, and the nation as a whole after the distortions from tech and economic theory induced distortions hurt the working people and families, and hurt rural areas. ...