So why is Philadelphia D.A. Larry Krasner suing Elon Musk and AmericaPAC over their plans to give away $1 million to various petition-signers? Mr. Krasner's complaint alleges that the Musk/AmericaPac lottery is "plainly not a lawful lottery," in that the state of Pennsylvania doesn't regulate it – and also hasn't published "a complete set of lottery rules or shown how they are protecting the privacy of participants’ personal information," as Commonwealth consumer protection laws require. The suit also alleges that they're not selecting winners randomly, as they promised. Well, Mr. Musk is the guy who broke Twitter, so I hardly find this complaint outlandish – I'll bet he even anticipated all the complaints in this lawsuit and just figured he'd spend his way out of them (or his Personal Lord and Savior Donald Trump would somehow intervene). But I think he'll have a tougher time with all that. Now cue the Musk dittoheads who'll insult Mr. Krasner's masculinity and call that an argument.
Donald Shaw at Sludge asks: "What Does Mark Cuban Want?" He's been a Republican most of his life, after all, and yet now he vehemently supports Kamala Harris for President, so it's a question worth asking! Particularly since he's invested in blockchain (sigh) and AI (sigh), he runs a Pharmacy Benefit Manager at a time when PBMs are extremely unpopular, and hates the Biden Administration's antitrust lawsuit against Google because it means some other country might develop AI faster. Jesus Mary and Joseph if someone else gets to AI faster maybe it ain't worth it to get there at all! And "but it's an emergency" doesn't justify enforcing antitrust laws selectively. Why, he even gives a shout-out to a fellow whose corporation faces a federal antitrust lawsuit as we speak – and praises him by saying "he can pretty much define what's going to happen by how he prices things." Does he not understand why people would be upset with that – or does he just want you to think that? Either way, file under "With Friends Like These."
Ho hum, America's biggest health insurance corporations often outsource medical reviews to other corporations that operate on a "denials for dollars" scheme. And the biggest one, EviCore – did you originally read that as "EvilCore"? I sure did – uses, double ho hum, an algorithm called, of course, "the dial" that can of course be adjusted to send more claims to doctors, which generally results in more denials – particularly since EvilCore EviCore makes its doctors review a case about every four minutes. And EvilCore EviCore execs did adjust "the dial," per employee testimony, when their clients weren't "saving enough money." And their PR hacks brag about denying care! Which one could only get away with in a civilization that worships mammon. Hate to pile on, but Cigna owns EvilCore EviCore (and Elevance Health, the Artist Formerly Known as Humana, owns the second-biggest denials-for-dollars corporation, Carelon); think maybe there might be a conflict of interest there? Say it with me: it's a question worth asking!
In a related note, Eric Gardner at More Perfect Union explains "Why Crypto Hates" Securities and Exchange Commission (or SEC) Chair Gary Gensler. Long story short: because Mr. Gensler has moved aggressively against cryptocurrency – a phenomenon described by at least one observer as "fake money for criminals" – using existing law; crypto barons claim that crypto is so ground-breaking that it needs all new laws, though fraud is fraud pretty much anywhere you go. Naturally Mark Cuban also thinks Gary Gensler is doing a bad job – as with Lina Khan and AI, he says Mr. Gensler is "pushing the crypto industry overseas," to which I'd say Godspeed! – and Donald Trump, who said just three years ago that our government needed to regulate crypto "very, very high," has now seen the light, and I'm sure his own (desperate?) crypto venture which he helped launch just last month has nothing to do with that.
Finally, also peripherally-related to many of the above-described matters, Matt Stoller reminds us that the real problem the rich have with folks like Lina Khan and Gary Gensler is that, in G.K. Chesterton's words, "(t)he poor have sometimes objected to being governed badly," whereas "(t)he rich have always objected to being governed at all." Dig the rage coming from these contemporary robber barons! What is Jamie Dimon's reaction to our Consumer Financial Protection Bureau (or CFPB) telling banks to give a good American's personal data to another bank if said good American requests it? Not regulators don't understand how hard that is, or we need a light touch toward these things, or even nanny state! – it's literally "I've had it with this shit." And his attitude (and potty mouth!) are endemic with his kind. It's well past time good Americans said I've had it with this shit – to the rich.