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Welcome back everybody, as you know weve been in the golden age for sometime now. We have already seen the Technological Innovations that have made some of this economic expansion possible. We saw about the economic transformations and the effects of those changes in the economy as far as lifestyles both of the very rich, these opulent robert baron lifestyles on the one hand and on the other hand on the very poor but it was the People Living shacks of the new england newtowns or whether it was when we explored the gilded age city, the increasing problems of housing that came with this rapid and in many ways, chaotic birth of the cities in the 19th century in all of it accompanied by problems going along with immigration. And then last time, we saw in particular there was some frustration with this new gilded age regime as we talk about the farmers in this period. Th ....
On twitter or facebook. Lets start with yesterdays hearing. Chairman of the house judiciary antitrust subcommittee kicking off this hearing in the opening remarks saying that he believes these Companies Need to be reined in. The practices have armful economic effects. They discourage entrepreneurship, destroy jobs, and degraded quality. Simply put, they have too much power. This power staves off new forms of competition, creativity, and innovation. While these firms produce individual products, the dominance is killing Small Businesses, manufacturing, and dynamism that our engines of the american economy. Several firms harvest and abuse peoples data to sell ads from everything to new books and dangerous miracle cures. They cant run away fast enough. There is no escape from the surveillance because there is no alternative. People are stuck with bad options. Open markets are pr ....
Tech hearing. We learned this morning that the antitrust subcommittee will put a report out in august about what to do next. What do you think that report will say . Guest well, greta, thank you for having me. Look, this was the first hearing that we have had about the profound antitrust issues that have emerged in the new tech age. In the 19th century, america with and today we have cyber barons, and these are the lords and titans of big tech who have every bit as much power as John D Rockefeller and the vanderbilts and the people who control the new industrial economy of the new postindustrial hightech company is being controlled by huge conglomerates that are fantastically wealthy and powerful, and they have done some remarkable things. Good this is to bring begrudge the achievements of individuals who were there yesterday. But we have to look at what this does to Small Bu ....
Reporter sounds like a done deal. The vote was supposed to be now, it got pushed back to 8 00. Former commissioner ray kelly says the city is surrendering to violent crime. They are against any budget cut. These people have been here for a week around the clock are wanting him to cut a billion dollars. Sounds like the mayor is going to do that. Beyond the protesters, beyond the building, on chambers street that is some of the graffiti been painted out here by demonstrators. They made one arrest connected to the graffiti connected to that building. The other thing that happened, david, demonstrators clashing with Police Officers who came out here to try to clear the plaza. They were removing barricades. People were hanging on to barricades there was a lot of pushing and shoving. At some point, police, some of them had to use batons to separate themselves from demonstrators. Officers on scene made three arrests including resisting, ....