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0:00
This is Chris Edges, and you're
0:02
listening to the Ralph Nader Radio Hour.
0:09
Welcome
0:12
to the Ralph
0:14
Nader Radio Hour. My name is
0:16
Steve Scrovan, along with my co -host
0:18
David Feldman. Hello, David. Hello, Steve.
0:21
And our producer, Hannah Feldman. Hello,
0:23
Hannah. Hello, Steve. And
0:27
the man of the hour. Ralph Nader,
0:29
hello Ralph! Hello everybody.
0:32
How to describe Elon
0:34
Musk. He's intelligent, wealthy,
0:36
influential in politics, science
0:38
and technology. With an
0:40
extraordinary aptitude for business and
0:42
manipulation, he's also
0:44
proud, calculating, pragmatic and
0:47
vengeful. Driven by an insatiable
0:49
thirst for control and devoid of
0:51
ethical principles. Wait a minute, that's
0:53
the bio of Lex Luthor from the Superman comic
0:55
books. How did the CEO of
0:57
an electric car company become a real -life
0:59
supervillain? Dancing around the White House with
1:01
a chainsaw as he joyfully puts thousands
1:04
of civil servants out of work. Was
1:06
he always this way? Or did something
1:08
happen that set him on his current course? Our
1:11
first guest, Fesediki, has been
1:13
reporting on the tech world, including Tesla
1:15
and Twitter, for years. And he's
1:17
written a book, Huberus Maximus,
1:19
The Shattering of Elon Musk,
1:22
which is described as a cautionary tale
1:24
but the pitfalls of
1:26
lionizing magnetic leaders. Then
1:28
we're going to tag this interview with
1:30
our resident legal expert Bruce Fine, who's
1:33
going to tell us how Elon Musk
1:35
and Doge are literally breaking the law. And
1:37
to close out today's program, David is going
1:39
to pick up our interview with Ralph about
1:42
his new book, Civic Self -Respect, published
1:44
by Seven Stories Press, and we'll let you
1:46
know how to get your copy of Civic
1:48
Self -Respect at the end of the interview. As
1:50
always, somewhere in the middle we'll check in
1:52
with our relentless corporate crime reporter, Russell
1:54
Mochiber. But to kick things off, believe
1:56
it or not, Elon Musk was
1:59
not always MAGA. David. Festadiki
2:01
is a technology journalist who writes
2:03
with the Washington Post and has
2:05
covered companies such as Tesla, Uber
2:07
and Twitter, now X, for the
2:09
business desk. His reporting
2:11
has focused on transportation, social media.
2:20
the shattering of Elon Musk, an
2:22
excerpt of that book can be
2:24
found over at the Ralph Nader Radio
2:26
Hour website. Welcome to the
2:28
Ralph Nader Radio Hour, Fez
2:30
Siddiqui. Thank you so much for
2:32
having me. Thank you very, Fez.
2:34
I must say you are a
2:36
very generous person. You have three pages
2:39
of acknowledgments where you include the
2:41
prior books on Musk. I
2:43
mean, what author of a
2:45
book on Musk would acknowledge
2:47
half a dozen prior books
2:49
on Musk. You also think
2:51
Drew Harwell twice. You're very
2:53
generous to say the least. Listener
2:55
should know this is a very
2:58
gripping book. There's nothing vague
3:00
about this book. And
3:02
as subject to the book, Elon
3:04
Musk is now running a good
3:06
part of the federal government under
3:08
the fascist dictator Donald Trump. So
3:10
please listen carefully. This is
3:12
a very important book. I
3:15
must say, let's give Musk his
3:17
due before we take him apart
3:19
as a lot of your pages
3:21
in your book do. He did
3:23
spot a huge stagnation in the
3:25
auto industry, which didn't want to
3:27
produce electric cars. Always kept promising. The
3:29
first electric cars were produced over
3:31
100 years ago. He saw an
3:34
opening and blew it wide
3:36
open with the production of electric
3:38
cars. At the time, he
3:40
was a great environmentalist. He was
3:42
worried about climate violence. He
3:44
signed a 2014 statement with famous
3:46
scientists around the world saying
3:48
that if we don't control robotics
3:51
or artificial intelligence, they may
3:53
be a force out of control
3:55
and destroy humankind. There was
3:57
no mincing of words in that
3:59
letter, which is online. And
4:01
that was the first rendition
4:03
of Elon Musk that we
4:05
listened to. We also supported
4:07
the Democratic Party. What happened
4:09
to change him into a fervid
4:11
Trump supporter and just a
4:14
complete reversal of his prior
4:16
stands. What do you think
4:18
happened? So the book
4:20
details few distinct periods where he
4:22
felt that what he was doing
4:24
was righteous. He felt that he
4:26
was helping people and the
4:29
mission of Tesla, celebrating the
4:31
world's transition to sustainable energy was the
4:33
right one. And thus why is
4:35
he being attacked? Why is Tesla being
4:37
attacked? And suddenly, as I
4:39
write about, he becomes convinced that there
4:41
is a big oil conspiracy against
4:43
his company, or the government
4:45
is conspiring against his company. So one
4:48
of those periods is in 2018, Elon
4:51
Musk falsely says that he has
4:53
funding secured to take Tesla private for
4:55
$420 a share. It wasn't true.
4:57
And there's an SEC lawsuit
4:59
alleging security fraud. And
5:01
he's in this moment where he ends
5:03
up saying, I don't respect the
5:05
SEC. Over and over throughout
5:07
this book, there's just this sort
5:10
of recurring theme of victimhood, or at
5:12
least Ewan feeling like his back
5:14
is against the wall. And why?
5:16
For what? Him and his fans
5:18
felt they were doing the right
5:20
things, and yet they were being
5:22
scrutinized and punished for it. Yeah,
5:25
it's interesting. You attribute his beginning
5:27
of his turnaround. to
5:29
the regulation activity of the
5:31
Auto Safety Agency, the National
5:33
Transportation Safety Board, the Securities
5:35
Exchange Commission. He didn't like that
5:37
at all. His autopilot has
5:39
been involved in crashes, and
5:42
his financial shenanigans have brought
5:44
the attention of the SEC.
5:46
And that sort of was the marking point
5:49
of his turnaround from
5:51
what might be called
5:53
a liberal Democrat environmentalist
5:55
skeptic of runaway. artificial
5:58
intelligence into a Trump -type
6:00
reactionary. And he put
6:02
a quarter of a million dollars into Trump's campaign.
6:05
But in the area of just giving him
6:07
his due, I have to admit, I
6:10
mean, it's sort of spectacular what he
6:12
achieved. He built Starlink and
6:14
SpaceX. Those are worth
6:16
hundreds of billions of dollars. They're private
6:18
companies. When they go public, he's
6:20
going to be even richer because he
6:22
owns a large share of those
6:24
companies. How does he get
6:26
into these huge areas and
6:28
make fools out of giant corporations,
6:31
you know, sitting around looking at
6:33
their knitting, so to speak? How does
6:35
he spend his time during the
6:37
day? And how does he recruit such
6:39
competent people to pull it off? So
6:42
the recruiting is really interesting.
6:45
So for a long time, I was in Silicon
6:47
Valley, I was in San Francisco specifically,
6:49
and I was covering Tesla, and I
6:51
sort of realized this is a big
6:53
draw. This was At the time that
6:55
I was there, this is in the
6:57
wake of many Facebook scandals, many Uber
6:59
scandals. Tesla was the company
7:02
to work for. Elon was the
7:04
person to work for. There was
7:06
no figure as magnetic who
7:08
inspired people in the way
7:10
that Elon did. So recruiting
7:12
was a strong suit of
7:14
that company. And the pitch was, come here
7:16
and change the world. You're not selling
7:18
ads for a social media company. You're
7:21
going to go work for Elon. and
7:23
you're going to change the world. Now, how
7:25
did he get his hands in so
7:27
many different areas of public life? I talk
7:29
about this in the book. A lot
7:31
of times it was reactive. Elon sees that
7:34
some of these other startups are chasing
7:36
self -driving or artificial intelligence. And
7:38
Elon sees that that's the next
7:40
wave reacts, but has this built -in
7:42
advantage of he can recruit some
7:44
of the best people. That then, as
7:46
Elon's antics spill out into public
7:49
view, he starts to become less of
7:51
a draw, frankly. But that's an
7:53
advantage that he still has. So how
7:55
did he manage to do this?
7:57
Just look at any startup, for example,
7:59
OpenAI, which hits the scene
8:02
with the first big large language
8:04
model that is publicly released. What
8:06
does Elon do? He responds with
8:08
GROC, with XAI, and
8:10
overnight, seemingly, he has
8:12
a bunch of people now chasing the
8:14
same thing and catching up as quickly
8:16
as they can to a company like OpenAI.
8:18
So he just has the ability to sort
8:20
of snap his fingers. and get people going.
8:23
What's amazing about him, and he does
8:25
work like seven days a week. He's
8:27
been known to sleep on mattresses in
8:29
his factories. He's very
8:31
attentive to detail before he
8:33
went into the Trump administration
8:36
and neglected his corporate business
8:38
to the chagrin of some
8:40
shareholders and corporate executives inside
8:42
his company, of course. But the
8:44
fascinating thing about him is 30 years
8:46
ago, he didn't have, as you say
8:48
in your book, two nickels to
8:51
rub together. And in 30 years
8:53
becomes the richest man in the world. There
8:55
is no precedent for Elon Musk, not
8:57
Ford, not Rockefeller. None of
9:00
them can compare with the
9:02
range and breakthrough that he
9:04
has achieved. There are
9:06
passages in your book which describe
9:08
Musk and they sound like
9:10
describing Trump. He's become very much
9:13
like Trump. He lies frequently.
9:15
He exaggerates. He makes
9:17
Corporate promises of autonomous vehicle
9:19
and installations is normal
9:21
that are way off
9:23
the mark. He has appearance of
9:25
a dangerously unstable
9:27
personality. He uses intimidation
9:29
tactics the way Trump does
9:31
on the line. He has hordes
9:34
of followers who spew hate
9:36
against critics of Trump. So let's
9:38
ask the question. Quote, it could be
9:40
asked of Trump. Quote. Can
9:42
Elon Musk do whatever he wants and
9:44
not face the consequences? That's
9:47
a great question. I think you will
9:49
see that the pattern in the
9:51
book is that largely, yes, he
9:53
in that specific trial where
9:56
there's a question over his
9:58
funding secured statement that he
10:00
had the money to take Tesla
10:02
private, causing the stock to soar
10:04
basically to pop and then ultimately
10:06
costing people a lot of money when
10:08
reality dawned on them. Elon
10:11
gets away with it. Elon has
10:13
to step back as chairman of
10:15
the Tesla board over that, but
10:17
he emerges more powerful than
10:19
ever. You raise the subject of
10:21
the amount of wealth that he's generated
10:23
through these companies and how there's no
10:25
parallel. Well, I
10:27
talk about how a lot of that happened.
10:30
He steered what a judge
10:32
essentially called a self -driving
10:34
pay package. Elon steered the
10:36
process initiated by the
10:38
compensation committee of the board.
10:40
But largely as the
10:43
documented at the direction of
10:45
months, it was $150
10:47
billion pay package. There was
10:49
no parallel in history
10:51
that the second largest pay
10:53
package was must. And
10:55
that was in the tens of billions. And
10:58
so can he do whatever he wants?
11:00
I don't know. You hear the Trump thing
11:02
about you could go out to Fifth Avenue
11:04
with Elon. I mean, there is
11:06
this question about what is the limit
11:08
of what Elon
11:10
will be permitted that
11:12
any other CEO might not be
11:15
permitted to do. Before we
11:17
get into his present role as
11:19
Trump's hatchet man wrecking the federal
11:21
government, a couple of questions are
11:23
often asked. By the way, were you
11:25
able to interview Musk for this book? I
11:27
know you covered Musk in Silicon Valley
11:29
for a number of years, but did
11:31
he give you an interview? He
11:34
didn't. Musk has responded to my
11:36
Washington Post reporting before. generally with
11:38
the same refrain, give my regards
11:40
to your puppet master. And
11:42
I talk about how I yell a couple of
11:44
questions at him outside of court over the
11:46
course of that report. But no, he did not
11:48
give me an interview for the book. The
11:50
other thing that's interesting that I
11:52
didn't see much of in your
11:54
book is his personal life. He
11:56
has 12 children with three de
11:59
facto wives, and he's got them
12:01
in a elaborate new compound in
12:03
Texas where they're living together.
12:05
What's the story there? So
12:08
this merges perhaps Musk's
12:10
political and social philosophies
12:12
and his personal life in
12:14
a way. He has been espousing
12:16
this sort of pro -natalist rhetoric,
12:18
but also alarmist rhetoric about
12:20
population decline. He believes humanity
12:22
needs to be having more babies, and
12:24
if they're not... is doomed.
12:26
And this seems to justify decisions in
12:28
his personal life in a way
12:30
that I think the most people probably
12:32
are a bit uncomfortable because it
12:35
just raises a question of is everybody
12:37
comfortable here? Is everybody do all
12:39
these kids have the relationship with
12:41
their parents that they should?
12:43
It's just an interesting one because
12:45
Elon talks so much about
12:47
this threat of population decline and
12:49
seems convinced that he is
12:51
doing his part to address it.
12:54
Well, you spend a lot of time
12:56
in the book. A lot of pages
12:58
in the book on the dangers of
13:00
the Tesla vehicle and the problems with
13:02
the Cybertruck and the deaths and
13:04
injuries that have occurred and the
13:06
regulatory activity out of Washington
13:09
on Tesla. But have
13:11
you thought about the absence
13:13
of any criminal prosecution by
13:15
state prosecutors? When Ford had
13:17
that Pinto problem with the
13:19
rear -end fire risk, a state
13:21
prosecutor in Ohio
13:23
brought an indictment against
13:25
Ford. He eventually lost because
13:27
he didn't have the budget to take
13:30
on Ford's lawyers and the
13:32
friendly judge of the local defender
13:34
of Ford. But do you know
13:36
anything about any possible
13:38
state prosecution of Trump?
13:41
So there are state investigations into
13:43
autopilot. The California DMV most notably
13:45
has had an extensive investigation into
13:47
autopilot. The one thing that seems
13:50
to differ is that you raised
13:52
the prospect of criminal action. I
13:54
mean, I do talk in the
13:56
book about how the FBI interviewed
13:58
a former Tesla employee as part
14:00
of a DOJ investigation into
14:02
autopilot claims. But given
14:04
the political realities of the country
14:07
right now, I would not expect
14:09
to see those go anywhere soon. So
14:11
then there are the state
14:14
level investigations. Again, most notably
14:16
the California DMV. But I don't
14:18
know that they rise beyond the
14:20
prospect of civil penalties. Let's
14:22
look at his role in the Trump
14:25
administration now. He is a private
14:27
citizen. He doesn't have an official title.
14:30
He has a crew that barges into
14:32
the IRS. They want to
14:34
cut half of the employees,
14:36
which would release huge amounts
14:38
of uncollected taxes, tax evasion.
14:40
He's firing civil servants right
14:42
and left. going after the
14:44
Consumer Financial Protection Bureau, the
14:46
Health and Human Services Department,
14:49
the Environmental Protection Agency,
14:52
the Occupational Safety and Health Administration.
14:54
His message to the public, which
14:56
is not very articulated by the
14:59
media, is that they're cutting
15:01
people's programs, almost focused on
15:03
the social safety nets, the
15:05
necessities of all the people to
15:07
be protected from climate violence,
15:09
pandemics. other situations
15:12
of mortal peril, but
15:14
they're giving a pass to the
15:16
three 800 -pound gorillas that really
15:19
constitute most of the waste,
15:21
fraud, and abuse allegedly
15:23
they're going after. And I'm asking
15:25
you, because why doesn't press
15:27
cover the corporate criminal ripoff
15:29
of Medicare and Medicaid and
15:31
other programs, hundreds of billions
15:33
of dollars, corporate welfare,
15:36
subsidies, handouts, giveaways, tax
15:38
expenditures? for corporations
15:41
and the bloated military
15:43
budget that is illegally
15:45
unauditable under a 1992
15:48
federal law, which they
15:50
want to expand, not contract,
15:52
full of waste, fraud and abuse
15:55
in its contracting, for example. Why
15:57
is that? I can't speak for
15:59
the organization, but I know that I've read
16:01
that the same media criticism and what
16:03
is my perspective as a journalist, I
16:05
think it's having read. sections
16:08
of Chomsky, right, manufacturing consent, like we
16:10
get that journalists are only as
16:12
good as their sources at times. And
16:14
I do sometimes wonder if we
16:16
need to get out of our bubbles
16:18
a bit. And we need to
16:20
understand some of the realities of what
16:22
people are dealing with, as opposed
16:24
to reporting purely on the basis of
16:27
what are our traditional relationships in
16:29
Washington. So I think that criticism
16:31
is a real one. Do you
16:33
then agree with Doge says
16:35
it wants to vet
16:37
social security or Medicare or
16:39
Medicaid for fraud? And
16:42
are those aims in alignment with
16:44
this criticism? Should Doge be the
16:46
one to audit those agencies? I
16:48
don't know, but it seems like a valid idea. Doge
16:52
is a criminal enterprise. We're
16:54
not talking metaphor here. They
16:56
are violating criminal statutes as well,
16:58
civil statutes. Seven days a
17:00
week, they're working. out of the
17:02
executive office building, bringing in
17:04
fast food and having very little sleep
17:06
and musk brags about all that. So
17:08
there's a real wrecking crew here. You
17:10
know, Mark Green and I wrote a
17:12
book in 2020 called Wrecking America on
17:15
Trump where we predicted a lot of this
17:17
rampage. But the important
17:19
point here seems to me, Fez,
17:21
is there is an instability
17:23
in his personality. You begin
17:25
to describe his gyrations,
17:28
what he takes in terms
17:30
of pills. how little
17:32
sleep he has, how he
17:34
flies off the handle
17:36
and makes impulsive emotional decisions,
17:38
how he revels in
17:40
anonymous intimidation by his supporters
17:42
of any critics, some
17:44
of them serious threats to the
17:46
critics as well. And
17:48
members of Congress are not immune
17:50
to his induced ire. You
17:52
think he's going to crash? What's the
17:55
future of Twitter? What's the future
17:57
of Tesla? What's the future
17:59
of Elon Musk? You know, you've
18:01
touched on all these bases quite specifically.
18:04
What do you see coming in the next year or
18:06
two? You think he's going to leave Trump
18:08
government pretty soon? Trump has
18:11
mentioned that and go back to his
18:13
company. Give us a sense of what's on
18:15
the horizon here. What do
18:17
the investors want? They wanted to focus
18:19
on Tesla. They wanted, obviously, to make
18:21
them gobs of money and just focus
18:23
on this one thing that is the
18:25
cash cow, but that is... the company
18:27
other than SpaceX that he's most
18:29
associated with. He has proven time and
18:31
again that he is not content
18:33
to do that. So Musk is obviously,
18:36
you know, he's talked about his time
18:38
at Doge winding down because of,
18:40
in part, the limitations of being a
18:43
special government employee, but the momentum is
18:45
sort of going in that direction anyway,
18:47
it seems like. So he is not
18:49
content to go back to his business
18:51
and focus on that. There is always
18:53
a next thing. And you
18:55
raised the idea that how did he get to this
18:57
place where he's involved in so many different buckets?
18:59
Well, the two that
19:01
I think are overlooked a bit
19:03
are Neuralink, which is a brain
19:05
chip implant startup, which, you know,
19:08
has legitimate aims to restore movement
19:10
to people suffering from paralysis, for
19:12
example. And then there's XAI,
19:14
the artificial intelligence startup that Musk
19:16
has talked about that what he
19:18
sees is the existential threat of
19:21
artificial general intelligence. And yet he
19:23
believes that he should be the
19:25
one to build a superhuman AI, to
19:28
prevent it from becoming too powerful. And
19:30
so that is a tremendous amount of
19:32
power to be giving somebody, to put
19:34
your trust in somebody and say like, well,
19:36
you see it as a threat to
19:38
all of humanity, but we trust you to
19:40
be the one to bring it to fruition.
19:42
So I would look at those two areas. But again,
19:44
it's hard to predict what the man is going to
19:46
do next. Well, it's
19:49
not difficult to predict his
19:51
next dimension of activity. in
19:53
what can be called the corporate
19:55
state. Starlink, SpaceX are very, very
19:57
close with the Pentagon, the CIA,
20:00
and NASA. He has huge contracts,
20:03
and these agencies are becoming more
20:05
and more dependent on him. Satellite
20:07
services, for example. It's pretty
20:09
extraordinary how a big deal he
20:11
is now in the national
20:13
security state. And of course,
20:16
that's super secret, and he's
20:18
not known to have
20:20
a careful regard for
20:22
information that might be secret,
20:25
but he is now a full
20:27
fledged participant at a large
20:29
scale in the merger of big
20:31
business and big government. So
20:33
it's not hard to see what
20:35
his next frontier is. He's
20:37
moving in on foreign policy.
20:39
He's talking about elections
20:41
in foreign countries. He's wondering
20:43
whether he should continue
20:46
providing satellite services for certain
20:48
countries that are under
20:50
pressure like Ukraine. There's a clear
20:52
future for Musk in that
20:54
area and not just going back
20:56
to managing Tesla or Neuralink.
20:58
What's your view? I
21:00
think you're onto something with there
21:03
is a desire from Musk
21:05
to expand his reach and influence
21:07
beyond his businesses because
21:09
he has seen the perceived
21:11
threat that looms over
21:13
his businesses from regulation or
21:16
entrenched political power. What
21:18
he sees as this anti
21:20
-Musk. conspiracy, perhaps, from powerful
21:22
levels of government. And
21:24
so I would not be shocked
21:26
to see more activity in
21:28
elections, more political donations. He's
21:31
seen the impact that presidential
21:33
political contributions can make to a presidential
21:35
race. So I think you're onto something
21:37
there. But in the near term, there
21:39
is a lot of pressure on us
21:41
to return his attention to his businesses. Well,
21:44
even Musk only has 24 hours a day
21:47
and seven days a week. So if
21:49
he goes into the corporate state big time,
21:51
he's going to be neglecting Twitter
21:53
and Tesla. Now,
21:55
some skeptics may think that's a pretty
21:57
good thing because his paying attention to
21:59
these companies has become somewhat
22:01
damaging. What's your view of
22:04
the future of Twitter now
22:06
called X by him and Tesla,
22:08
especially with more auto companies now
22:10
expanding their electric car production? And
22:13
the sales of electric cars beginning
22:15
to slow. So I'll take
22:17
the Tesla part of that first. So
22:19
Musk has talked about pivoting
22:21
Tesla to robotics and artificial intelligence
22:23
startup, emphasizing its full
22:25
self -driving technology and its humanoid robots.
22:27
And I mentioned those things
22:30
not because I'm particularly convinced that
22:32
that is what's going to be
22:34
happening a year from now for
22:36
Tesla, but they're trying to tell
22:38
a story of. We're multi -dimensional.
22:40
We're not just an auto company.
22:42
We're not in the low margin
22:44
business of auto manufacturing anymore. Value
22:47
us as a tech company. Value us as
22:49
an AI startup. And so you're
22:51
going to hear a lot of that rhetoric from Tesla.
22:54
Twitter, it seems like every day
22:56
it resembles what it was,
22:58
this micro blogging platform. It starts
23:00
to resemble that less and
23:02
less. It's more of the traditional
23:05
social media model, but
23:07
like casino -ified. They're trying to
23:09
capture your attention in as many
23:11
ways as possible with short form
23:13
video or engaging posts, a curated
23:15
feed, which is much more
23:17
in the realm of TikTok and
23:19
Instagram. So they're under pressure
23:21
to prove themselves out as a
23:23
business and to make up for the
23:25
tumultuous initial years of must Twitter
23:27
ownership. And so you're going to see a
23:29
lot more of this effort to capture
23:31
people's attention rather than
23:34
necessarily serve as a useful
23:36
source of information for people. in the
23:38
way that the old Twitter may have
23:40
been. We're talking with Fez
23:42
Siddiqui, the author of the
23:44
brand new book called, You Burst
23:47
Maximus on Elon
23:49
Musk. I was taken by your
23:51
dedication, Fez. It's a very
23:53
unique dedication. Let me read it
23:55
for our listeners. Quote, to
23:57
the journalist bringing us stories from around
23:59
the world with a particular eye to
24:01
Gaza, where so many have
24:03
been killed in a singularly deadly
24:05
time to be a reporter. You
24:08
are the End
24:10
quote. Let's go to David. A
24:12
follow -up on Ralph's question
24:14
as to whether or not
24:16
Musk ever gets any sleep,
24:18
because Musk has dipped his
24:21
toe into very arcane academic
24:23
subjects, rocketry, astrophysics, computer
24:25
science, political science,
24:27
brain chemistry, banking. Warren
24:30
Buffett sits all day reading.
24:32
That's his job, he says, to
24:34
just read all day. I
24:36
don't get the sense Musk is
24:38
reading. So if you were
24:40
to place Musk's knowledge beans on
24:42
one side of the scale
24:44
and his arrogance beans on the
24:46
other side of the scale, which
24:48
side of that scale would end
24:50
up being the heaviest? Is he smart
24:52
or arrogant? I don't
24:54
know that they're mutually exclusive. I
24:57
probably seems like a cop help,
24:59
but I don't get the sense that
25:01
he's in the subjects where he
25:03
is given the most credit or these
25:05
revolutionary breakthroughs, which are
25:07
electric vehicles, which is
25:09
rocket propulsion. You
25:11
never get the sense that he's out of his
25:13
depth here. The one thing that
25:16
I will say about your comment on
25:18
Buffett reading all day, Musk seems
25:20
to be reading X all day when
25:22
he's taking in information. And
25:24
the quality of information
25:27
on that website, I'm sure we
25:29
can all vouch for it. It runs the
25:31
gamut and sometimes it's not the best. And
25:33
so what does that do? No matter how
25:35
smart you are, if you lack
25:37
sort of the humility to be
25:39
inquisitive, to ask follow -ups,
25:41
to really critically think
25:44
about the information that you're seeing
25:46
or admit when you've been misled, then
25:49
you can end up in a tough place.
25:51
I want to say to our listeners, this
25:54
book is very important for you. It
25:56
reflects a man who
25:58
has enormous political and corporate
26:00
power, perhaps unprecedented, given
26:03
his role under Trump. And
26:05
he's going to affect every aspect of
26:07
life in America. Just
26:09
look what he's doing now in government. So
26:12
you want to take this book, give it to
26:14
your local library. You want to
26:16
take this book, make it part of your
26:18
book club. There are thousands of book
26:20
clubs around the country. It's very
26:22
readable and one that
26:24
increases your sense of awareness of
26:27
who's controlling what in our country.
26:29
Document it, not some
26:31
conspiracy theory. Anna? Fez,
26:34
one of the Elon quotes
26:36
that you include in your book is, don't be an
26:38
NPC. And that seems
26:40
like the through line for
26:43
how he treats his family members,
26:45
how he seems to view
26:47
the American public, consumers, and
26:49
his workers. What is an
26:51
NPC? And what role
26:54
does that character play
26:56
in how Elon operates?
26:59
Yeah. So an NPC
27:01
is a video game
27:03
shorthand for non -player
27:05
character. This refers to the
27:07
relatively generic characters who
27:09
come up in games who
27:11
essentially lack agency. They
27:13
just repeat the same lines over and
27:16
over. Goes back to this idea
27:18
of puppets being controlled by the puppet master.
27:20
And so this is a
27:22
line that Elon has used. And
27:25
I think it applies. I
27:27
mean, it's been applied to... of folks.
27:29
But if you think about how Elon behaves
27:31
versus the typical CEO, the
27:33
typical CEO in that context
27:35
might be the NPC, because
27:37
all they put out online
27:40
or in earnings calls are
27:42
sort of canned statements. And
27:44
that's one view, which seems like
27:46
people are probably sympathetic to
27:48
that view at times. Corporate CEOs
27:50
buttoned up very powerful people. But
27:52
then on the other hand, dismissing
27:55
large. portions of society
27:57
as NPCs, you kind
27:59
of wonder, is that not
28:01
punching down a bit? Is that
28:03
not actually a bit of an
28:05
elitist view that you're an NPC? What
28:07
if it's applied to somebody
28:09
who drives a basic economy car
28:12
that is relatively unassuming and anonymous?
28:14
Does that make you an NPC? Or
28:17
what about now? Like there seem to
28:19
be Tesla's Model 3s and Model Ys
28:21
everywhere. Is the Tesla driver now an
28:23
NPC? It's just
28:25
an interesting way of referring to
28:27
people. Yeah, it's an Elonism. Well,
28:30
before we conclude, what would you
28:32
like readers of your book, Hubris
28:34
Maximus, on Elon Musk take away
28:37
in terms of information and
28:39
activity? So you
28:41
mentioned at the top, there's a lot
28:43
of reference to the previous works
28:45
on Musk and the ways that
28:47
those works have supplemented public knowledge
28:49
of the man. I think what this
28:51
book brings is a healthy
28:54
dose of reality and skepticism, which
28:56
is not to say that it's
28:58
not present in all those other
29:00
works, but that so far has
29:02
been lacking from the overall
29:04
conversation around us. And
29:07
what you'll find is, I hope you'll
29:09
find that you can identify with some of
29:11
the folks in the book who were
29:13
lured in by the promises or you
29:16
know just enamored by the guy
29:18
and what he might be able to
29:20
bring to society if his goals
29:22
were ultimately realized but then ended up
29:24
feeling disappointed or feeling like hey this
29:26
guy was not all he was cracked up
29:28
to be even if the goals were
29:30
noble even if the ambitions were the right ones
29:32
the ends might not have
29:34
justified the means and so yeah
29:37
I mean I want people to find
29:39
ideally that their understanding of one
29:41
of the most powerful people in society
29:43
today is enriched? Well,
29:45
Tesla stock has dropped by
29:48
50 % from November, now
29:50
about 240, 488
29:52
in November. So he's lost a
29:54
lot of tens of billions of dollars, but
29:56
he seems to always find new
29:59
sources of wealth with the
30:01
expanding value of his private company,
30:03
Starlink, SpaceX. But
30:05
I think we can leave our
30:07
listeners who are contemplating buying
30:09
Teslas. to read this book and
30:11
be very cautious, be very
30:13
alert to the safety of
30:15
this vehicle or lack thereof. And
30:18
there's a lot of information on
30:20
that in Fez's book. The
30:22
book is Hubris Maximus.
30:25
I urge you to get it, read it, and
30:27
spread the word. It affects you. Thank
30:29
you, Fez. Thank you so much, Ralph. We've
30:32
been speaking with Fez Siddiqui. We
30:34
have a link to his work
30:37
at RalphNatorRadioHour .com. Now
30:41
let's check in with our resident constitutional
30:43
scholar Bruce Fine for an update
30:45
on the daily high crimes and misdemeanors
30:47
of the Trump administration. Elon
30:49
Musk heads this fictional department of
30:51
government efficiency or DOGE. It
30:53
doesn't exist in law and
30:55
he's fulfilling Trump's directions.
30:58
It really is a criminal enterprise
31:00
and he's violating civil statutes
31:02
but he's also violating criminal
31:04
statutes. Which ones? Well,
31:07
he's violating first the Anti -Deficiency
31:09
Act because by promising
31:11
to pay people
31:13
buyouts worth billions of dollars if they
31:15
leave the government before their
31:17
regular term expired, he's obligating the
31:20
United States to pay money
31:22
that Congress hasn't appropriated. There's nothing
31:24
in the continuing resolution that
31:26
entitles the government to
31:28
pay these people, and that's a criminal
31:30
violation of the Anti -Deficiency Act. The
31:32
other criminal act is the Privacy Act,
31:35
where he's sharing And as
31:37
access to private information without a
31:39
legitimate bonafide, no government purpose, he
31:41
just comes in and rummages around.
31:43
We don't even know the scope
31:46
of it because he has claimed
31:48
that Doge is not subject to the
31:50
Freedom of Information Act. So his operations
31:52
are not transparent, Ralph, but at
31:54
least from what we receive in the
31:56
knows reports in the papers, it's
31:58
clear that he's going into
32:00
a private information and sharing
32:03
it with teenagers without
32:05
any kind of. confidentiality
32:07
provisions, and that's a
32:09
criminal violation. The act, as
32:11
you well know, Ralph, you were involved
32:13
the 1974 Privacy Act, and was calculated
32:15
to prevent precisely these kinds of things,
32:17
which had happened under the Nixon administration. And
32:21
of course, there's the overall destruction
32:23
of statutory mandates by Congress
32:25
to protect the health, safety, and
32:27
economic well -being of the American
32:29
people that he's violating every
32:31
day in his wrecking, marauding
32:33
to the federal government. under
32:35
the information of dictator
32:37
Donald Trump. Yeah, I want
32:39
to just stress a couple of things, Ralph,
32:42
just for our audience. One, most
32:44
of those putting aside the fact that
32:46
some of those are civil rather than
32:48
criminal violations, we already know that Pam
32:50
Bondi, the attorney general, said she's never
32:52
going to prosecute anybody in the Trump
32:54
administration, even when it's as blatant as
32:56
violations of the Espionage Act when they
32:58
don't even use a skiff to discuss
33:00
such issues as the targeting, you know,
33:03
hooties for in war. And
33:05
before anything happens, she says, of course,
33:07
that I'm not going to prosecute anything.
33:09
And she's already said that if there
33:11
have foreign practices act violations, she's not
33:13
going to do anything there. So she's
33:15
just a complete toadie of the White
33:17
House. And this is what gets a
33:19
rather alarming is that Elon Musk knows he
33:21
could violate any criminal law that he wanted
33:23
to. He knows Pambani is going to
33:25
do nothing. So it's kind of like
33:28
a prospective pardon, if you will,
33:30
given the situation we have. But we've
33:32
just examined, I believe, You know,
33:34
the criminal violations, the civil violations
33:36
are virtually omnipresent. In part,
33:38
we already have, Ralph, a
33:40
judge saying that the de
33:42
facto powers being exercised by Mr. Musk
33:44
are even stronger than those entrusted
33:47
to the cabinet, and he needs to
33:49
be confirmed by the Senate. And
33:51
therefore, every single order of doge is
33:53
illegal because he's never
33:55
been confirmed by the Senate. Now,
33:57
that's preliminary decision, but that's just
33:59
one example of what he's flouting every
34:01
day. Another order found just
34:03
yesterday that he illegally shut
34:05
down the voice of America. He
34:08
shut down USAID illegally.
34:10
He's de facto shut down the
34:12
education department illegally. There's
34:14
so many, it's hard even to keep up.
34:16
And then as you pointed out, he's
34:18
also issued an order saying that literally
34:21
as many as hundreds
34:23
of regulations will be
34:25
stopped immediately and viewed
34:27
as illegal without. following the
34:29
Administrator Procedure Act. So there would be
34:31
hundreds of additional violations. The
34:34
only respite we have is yesterday
34:36
Trump and Elon Musk said
34:38
he'd probably be leaving next month. So,
34:40
you know, the disaster at least temporarily
34:42
can come to an end. It probably
34:44
won't be a complete end. But that's just what
34:46
he's saying. But he's just a walking
34:48
violation of the federal code. And
34:51
of course, he's doing this knowing
34:53
that Trump will pardon him if
34:55
he's ever under a criminal prosecution. Thank
34:58
you very much, Bruce. Thank you,
35:00
Ralph. Thank you for that, Bruce. When
35:02
we come back, we continue our
35:04
discussion of Ralph's new book, Civic Self
35:06
-Respect. But first, let's check in
35:08
with our corporate crime reporter,
35:11
Russell Mochiver. From the
35:13
National Press Building in Washington, DC,
35:15
this is your Corporate Crime
35:17
Report of Morning Minute for Friday,
35:19
April 25, 2025. I'm Russell
35:21
Mochiber. The federal agency in charge
35:23
of trucking safety on America's
35:25
highways dramatically slowed the pace of
35:27
enforcement actions after the Trump
35:29
administration took office in January. That's
35:31
according to a report in
35:33
the Washington Post. The sudden change
35:35
during the president's first weeks
35:37
in office reflects a desire by
35:39
incoming Republican officials to take
35:41
a more deliberative approach before levying
35:43
sanctions on trucking companies
35:45
that do not maintain safety
35:48
standards. Industry representatives have
35:50
complained for years that they
35:52
are treated unfairly by
35:54
the agency, which they accuse
35:57
of using flawed methods
35:59
to assess safety risks. But
36:01
safety advocates say that taking
36:03
a less aggressive approach leaves
36:05
motorists on U .S. highways at
36:07
risk. For the Corporate Crime
36:09
Reporter, I'm Russell Mochiber. Thank
36:12
you, Russell. Welcome back to the Ralph Nader
36:15
Radio Hour. I'm Steve Scrovan, along with
36:17
David Feldman, Hannah and Ralph. Last
36:19
week, I took Ralph through the first few
36:21
chapters of his new book, Civic Self -Respect,
36:24
about how you can be a
36:26
civic citizen and a civic worker. Now,
36:29
David is going to take us through the next few chapters. David.
36:32
Ralph Nader is the author of
36:34
Civic Self -Respect. In chapter three
36:36
of your book, I, Consumer,
36:38
you estimate that 90 % of
36:40
American consumers are at a distinct
36:42
disadvantage when they attempt to
36:44
purchase something from corporate America. Who's
36:47
taking advantage of them? Well,
36:49
it's done by advertising,
36:51
which in effect stupefies
36:53
consumers with emotional and very
36:56
often inaccurate claims.
36:58
But there's nowhere to go but
37:00
up, David, in terms of being
37:02
a smart consumer. Unfortunately, our
37:04
elementary and high schools don't teach
37:07
consumer skills. They prefer
37:09
to teach computer skills.
37:12
And consumer skills result in what
37:14
is in effect a pay
37:16
raise. If you can save money.
37:18
shopping. If you can avoid products
37:20
that hurt you, that lead
37:22
to medical expenses, to lost
37:24
wages, rip off excessive
37:27
billing practices that are fraudulent,
37:29
it's equivalent to a pay
37:31
raise at work. And Senator Phillip Hart,
37:33
who many years ago was a
37:35
great consumer advocate representing Michigan,
37:37
he was the chair of
37:39
the Senate Antitrust Committee, estimated
37:41
that fraud is so varied
37:44
and so deep from used
37:46
car. lots, for
37:48
example, insurance fraud, et
37:50
cetera, that it could amount to
37:53
25 % of a person's
37:55
income. So when people
37:57
realize the significance and how
37:59
valuable it is to spend a little
38:01
time learning how to buy food, how
38:03
to buy a car, how to buy
38:05
insurance, how to deal with banks and
38:07
interest rates, and so on, they
38:09
get very motivated. And Consumer Reports,
38:11
which has about 5 million
38:13
subscribers, it should have 50 million
38:15
subscribers. for a very few
38:17
dollars a month and a very few hours
38:19
a month, you can really save
38:22
yourself real money and
38:24
reduce the prospect of
38:26
injury and disease over time.
38:29
So the attitude is very, very
38:31
key here, which is what I
38:33
stress in this segment on consumers
38:35
in my book, Civic Self -Respect.
38:37
And the title is, I
38:39
the Consumer, Strengthening
38:41
Economic Democracy. Because
38:44
the more people develop
38:46
their consumer shopping skills in
38:48
the aggregate. It creates a
38:50
much more efficient and prosperous
38:52
and safe economy. So
38:54
it has an aggregate impact. I always
38:56
like this metaphor, which I
38:58
mentioned earlier, this
39:01
metaphor, that the Mississippi River,
39:03
the mighty Mississippi River starts
39:05
with tiny rivulets in northern
39:07
Montana and northern Minnesota.
39:10
They become brooks, then streams,
39:13
then small rivers. then big
39:15
tributaries like the Missouri
39:17
River and then the Mississippi River.
39:20
And that's why the phrase
39:22
in the book is civic self -respect.
39:25
In fact, you look at yourself and
39:27
say, I'm not going to be ripped
39:29
off anymore. They're not going to
39:31
trick me anymore. I'm not going
39:33
to be taken by some of
39:35
these devastating to my economic well
39:37
-being and health and safety advertising
39:39
on TV. I mean, some of
39:42
the NBA basketball games. before,
39:44
during, and after, right after this. There's
39:46
about a hundred ads. I mean,
39:48
it's just unbelievable, the saturation. And
39:51
none of them are rebutted. You know,
39:53
there's no rebuttal of deceptive ads at
39:55
all. So it's important for
39:57
consumers and shoppers to take control
40:00
of themselves, for their families, for
40:02
their children as well. And there's
40:04
plenty of good information to do
40:06
that. But before you start
40:08
absorbing material like consumers report.
40:10
You have to have a
40:12
higher significance of yourself as
40:14
a consumer and develop
40:16
a civic dimension. That is, when
40:18
you see things that aren't right
40:20
in the shopping centers, you
40:22
talk about it. When you don't
40:25
want to buy something, you tell
40:27
the salesperson, no sale and walk
40:29
away. That's a good feedback. You
40:31
have to articulate it, not just
40:33
have it in your mind and drift
40:35
away. And there are all
40:38
kinds of ways to become more self
40:40
-sufficient. You know, before the Industrial Revolution,
40:42
consumers were producers, you know, they produced
40:44
their own shelter, they grew their own
40:46
food, obviously a much lower
40:48
standard of living, but
40:50
the industrial revolution created specialization.
40:53
And gradually decade after decade,
40:55
the consumer products were
40:58
contracted out, so to speak,
41:00
to specialists. So
41:02
this little chapter gets you a
41:04
little excited. It's pretty hard
41:06
to be excited as a shopper,
41:08
other than something tasting good,
41:10
smelling good. Being excited as a
41:12
shopper means you're part of improving
41:14
your community, your neighborhood. Pretty soon
41:16
the stores get the message. Most
41:19
of us have experienced the
41:21
telephone poles. A lot of people just
41:23
close up, but when they
41:25
do telephone poles and conservators
41:27
surveys, answer the questions. You know,
41:30
when they pull 1500 people,
41:32
they're pulling statistically the views of
41:34
millions of people. So get
41:36
your licks in when they ask
41:38
these questions. Don't just close up
41:40
on them. Where do you get
41:42
information about household appliances? Well,
41:45
in the most obvious place,
41:47
furnaces, stoves, garden
41:50
equipment, they're from
41:52
plumbers, electricians, carpenters,
41:55
painters, roofers, interior
41:57
decorators. They know
41:59
what products are better than other
42:01
products because they deal with
42:03
them every day. And they know
42:05
where they're being manufactured around
42:07
the world. You know, they like
42:09
to answer questions. That's the
42:11
whole source of consumer information for
42:13
you. There's a little humor
42:15
in this section too, I must
42:17
say. When you're talking with
42:19
other consumers, you know, sometimes they're
42:21
wondering why you're expanding the
42:23
range of their sensitivity. I
42:26
mean, what are you up to
42:28
here? And you can just, as I
42:30
say in this little section. when people
42:32
say well how are you and you
42:34
say well how are your consumer skills
42:36
instead of just saying I'm okay how
42:38
are your consumer skills and they sort
42:40
of blink you know what's that all
42:43
about well you know one thing
42:45
you can do to get their attention
42:47
is you can say you figured out
42:49
10 ways you can shaft yourself as
42:51
a shopper you want to hear them
42:53
and they'll say sure give it a
42:55
try and you say okay here goes
42:58
here's how you can shaft yourself you
43:00
buy before you think you buy before
43:02
you read You buy before you ask
43:04
any questions. You buy before you can
43:06
afford to buy going to deep debt.
43:08
You buy before you see through the
43:10
seller's smile and smooth sales pitch. You
43:13
buy before you comparison shop. You
43:15
buy when you're tired or hungry.
43:18
You buy when you're rushed. You
43:20
buy on your children because
43:22
your kid demands the product or
43:24
you buy just to keep
43:26
up with. your friends, their neighbors,
43:28
or as they say, keeping
43:31
up with the Joneses. And other
43:33
things to look into food co -ops,
43:35
they're spreading around the country. And
43:37
one of the big obstacles who's
43:39
going to provide a loan to start
43:41
a food co -op where the consumers
43:43
are the owners and they can
43:45
decide what they want to sell themselves
43:47
and what they know. That's how
43:49
some stores stop selling cigarettes, for example,
43:51
because co -ops took the lead. Well,
43:53
it happens, there's a national cooperative
43:55
bank in Washington. We were very instrumental
43:57
in getting that pass during the
43:59
Carter and they
44:02
provide loans for consumer co -ops
44:04
to get them underway. You may
44:06
belong to AAA. Well,
44:08
there's an alternative to AAA. It's
44:10
called the Better World Club,
44:12
and it focuses on really respecting
44:14
consumer values and environmental values.
44:16
It has a lot of great
44:19
material, and it still gives
44:21
you the services that AAA gives
44:23
you. You know, life tends
44:25
to be routine, tedious, repetitious. It
44:28
makes your day less daily. It
44:30
makes it more interesting. You begin
44:32
thinking that you do matter more
44:34
with your friends and neighbors and
44:36
you're helping improve the efficiency and
44:38
safety of the consumer dollars that
44:40
they spend. Ralph, did
44:42
you consciously decide to be
44:44
known as a consumer advocate
44:47
when you were first starting
44:49
out instead of an advocate
44:51
for say, citizens and Who
44:53
has more power right now
44:55
in the 21st century? Citizens
44:57
or consumers? Well,
45:00
consumers should also be citizens
45:02
arising out of their consumer awareness
45:04
to ward off products that
45:06
are killing people, injuring them and
45:08
making them sick. Remember, you
45:10
have about 400 ,000 people every
45:12
year die from tobacco related diseases.
45:15
And the promotion for becoming
45:17
a tobacco addict started
45:19
with the companies reaching children,
45:21
passing out free cigarettes
45:23
in front of middle and
45:25
high schools when they
45:27
complete the day's classes. We're
45:29
talking serious gravity here.
45:31
We're talking about hundreds of
45:34
thousands of people whose
45:36
lives are shortened because of
45:38
deliberate promotion of fatty
45:40
sugar and salty foods from
45:42
childhood on up. And
45:44
there are more and more
45:46
studies coming out on
45:48
just how deadly these foodstuffs
45:50
are. And that's
45:52
what brought to my attention,
45:54
David, the importance of
45:56
the consumer factor here. Adam
45:58
Smith once said many
46:00
centuries ago that the purpose
46:02
of production is consumption. And
46:05
if consumption is informed and
46:07
feeds back, it can lead
46:09
to a high quality economy.
46:12
It can lead to more integrity
46:14
to your consumer dollar and
46:16
to your health and safety. It
46:18
can lead to less environmental
46:20
damage. It could lead to stronger
46:23
regulation of product defects and
46:25
services that are harmful. It's
46:27
sort of a bottom -up economic
46:29
democracy. That caught my attention years
46:31
ago because at law school, you
46:33
hardly ever hear the word consumer
46:36
or consumer law. So
46:38
you chose it was a conscious
46:40
decision to introduce yourself to the
46:42
world as a consumer advocate? Definitely.
46:44
I've lost. friends in high
46:47
school to unsafe cars. They didn't
46:49
have seat belts, no padded
46:51
dash panels, no airbags, no rollover
46:53
protection, no head restraints.
46:55
On and on, it was like
46:57
people were in a crash or
46:59
bouncing around in a room full
47:01
of knives, sharp edges on the
47:04
dash panel and the like. And
47:06
that motivated me too. Should
47:08
we turn to chapter four of
47:10
Civic Self -Respect, I the Taxpayer? Yeah,
47:13
there's one where there's an
47:15
ideology of control over small,
47:17
medium taxpayers. They've been,
47:19
in effect, cornered into
47:21
just looking at taxes in terms
47:24
of the tax rate they
47:26
pay and being very responsive to
47:28
people who say your taxes
47:30
should be lower. Now,
47:33
I once wondered why there was
47:35
so much less resistance to
47:37
this appeal of reducing taxes in
47:39
Western Europe compared to the
47:41
US. And the overriding reason is
47:43
that in Western Europe, a
47:45
lot of the taxpayers came back
47:47
to help the taxpayers back
47:49
home in the form of universal
47:51
health insurance, pensions,
47:53
various kinds of
47:55
protections, social safety nets,
47:57
maternal health care, family
47:59
paid leave, sick leave, childcare.
48:03
So they felt the money was
48:05
coming back to them. Well, in
48:07
the US, the money went to
48:09
the military budget. The money went
48:12
to corporate welfare. And that obviously
48:14
created a lack of support for
48:16
taxation, which is what Supreme
48:18
Court Justice Oliver Wendell Holmes once
48:20
called, quote, the price we pay
48:22
for civilization, unquote. And
48:25
this section in this book,
48:27
Civic Self -Respect, on
48:29
the taxpayer, it's called I
48:31
the Taxpayer, is to broaden
48:33
the range of awareness and
48:35
get people much more exercised
48:37
and angry about the super
48:39
rich and big corporations paying
48:42
so little taxes. Half of
48:44
the profitable corporations don't pay
48:46
any federal income tax. They've
48:48
still rigged the system and
48:50
a lot of super rich
48:52
people have figured ways using
48:54
foreign jurisdictions and deferrals and
48:56
other techniques to pay far
48:58
less proportion of their income
49:00
in taxes than an ordinary
49:02
working person in the country.
49:04
Remember, Warren Buffett, the multi -billionaire
49:06
once said his tax rates
49:08
were lower than those on
49:10
his secretary. So a
49:12
level of indignation here can
49:14
lead to a reform of
49:16
our tax system. In two ways,
49:18
make it fairer and second,
49:20
return more of the tax
49:22
dollars back home, public services, public
49:25
infrastructure, and deflate
49:27
this massive budget, the Pentagon
49:29
loaded budget that takes
49:31
over 50 % of the
49:33
operation tax. revenues in this
49:35
country. That's why the
49:38
military industrial complex always seems
49:40
to be looking for foreign
49:42
enemies to justify this massive
49:44
waste and erosion of what
49:46
should be public budgets helping
49:48
conditions back home. In
49:51
your book, I think you
49:53
mentioned it on the show
49:55
last week with the former
49:57
IRS commissioner that you had
49:59
lunch once with a head
50:01
of the IRS who told
50:03
you that more People understand
50:05
Einstein's theory of relativity than
50:07
our tax code. I call
50:09
it the complexity industrial complex.
50:12
People who make a
50:14
fortune guaranteeing that
50:16
things are arcane. You
50:19
say big companies want complexity
50:21
in our tax laws. How
50:23
do citizens gain the courage
50:25
to openly say, I don't
50:27
understand this. Simplify it for
50:30
me. I'm not stupid. We
50:32
do need a simplification movement because
50:34
complexity is a tool of power. Complex
50:37
tax regulations are often
50:39
blamed on the federal bureaucracy.
50:42
No, it's the corporate tax lawyers. They're
50:44
always looking for deductions,
50:46
waivers, exclusions, deferrals.
50:48
It increases by feet, the
50:50
pile of tax regulations.
50:53
Far more than in Canada,
50:55
for example, which has
50:57
a similar industrial economy. And
50:59
so we have to look at
51:02
complexity as a tool of corporate
51:04
power. And they use it against
51:06
small businesses, Dave, because small businesses
51:08
can't afford the corporate tax lawyers
51:10
to evade taxes the way big
51:12
business can. So, I
51:14
mean, we have a situation where
51:16
there were a few years
51:18
in the early 20th century when
51:20
General Electric was making billions
51:22
of dollars and paying no taxes,
51:24
even getting a refund. That's
51:26
how bizarre the rigged tax system
51:28
was. They actually had. A
51:30
dozen tax lawyers at a profit
51:32
center, they get bonuses for
51:34
reducing General Electric's taxes to dollars.
51:37
Now, one General Electric worker
51:39
in Schenectady factory sent more
51:41
money in sheer dollars to
51:43
the Treasury Department than the
51:45
entire Corporation General Electric that
51:47
employed that person. That's how
51:49
crazy it is. And we've
51:52
got to have small tax
51:54
periods be much more aggressively
51:56
knowledgeable. about these techniques
51:58
of control because if the
52:00
rich and big corporations
52:02
pay little or no taxes
52:04
that means either there
52:06
are fewer public services or
52:08
the small taxpayer has
52:10
to pay more or the
52:12
deficit increases for future
52:14
generations. So we've got
52:16
to stop being manipulated by politicians
52:18
and charlatans who get us
52:20
on the side only of thinking
52:23
reducing Our taxes and
52:25
letting the rascals get
52:27
away with billions of dollars
52:29
of tax escape. There's
52:31
a relatively new group called
52:33
Patriotic Millionaires. It has offices in
52:35
Washington DC and its purpose
52:38
is to raise or restore higher
52:40
taxes for rich people and
52:42
corporations. They have about 300
52:44
multi -millionaires and go to
52:46
their website and they have
52:48
wonderful usable information for you.
52:50
and they have great credibility
52:52
because they're fighting to increase
52:54
their own taxes or restore
52:56
their taxes. You know, if
52:58
we had the same taxes
53:00
on the rich in corporations
53:02
as we had in the
53:04
prosperous 1960s, David, we'd have
53:07
no deficits to be able
53:09
to fund all kinds of
53:11
public services. That's the extent
53:13
to which the tax system
53:15
has been eroded, sunk into
53:17
complex quagmire by the corporate
53:19
tax lobby in Washington, D .C.
53:21
I did my own calculation
53:23
because a lot of people
53:25
say repealing Trump's 2017 tax
53:27
cuts for the rich won't
53:29
make a dent in the
53:31
budget deficit. Well, my calculations,
53:33
it's $500 billion a year
53:36
that we get extra
53:38
by letting the 2017 tax
53:40
cuts expire this year.
53:42
And then if we didn't
53:44
fire all these IRS
53:46
employees, we could close the
53:48
tax gap. and collect,
53:50
they say, a trillion a
53:52
year. If people just
53:54
had to pay what they
53:56
owe, if we could enforce the
53:58
laws on the books, I
54:00
say half a trillion. That's a
54:03
trillion dollars right there, just
54:05
letting the tax cuts expire and
54:07
not touching all the people
54:09
they hired under the Biden administration
54:11
to collect taxes. That's a
54:13
trillion dollars right there. That's
54:16
a Trump and Musk are destroying.
54:18
They want to fire. Half of
54:20
the employees, the IRS, they know
54:22
it's protecting their own profiteering without
54:24
paying their share of taxes. When
54:27
you hear the word taxes
54:29
and tax revenues, listeners, David
54:31
is describing, you can
54:33
translate it into improving the
54:35
safety of bridges, highways,
54:37
providing modern mass transit, improving
54:40
the repair of schools
54:42
and public buildings. You
54:44
know, it's real. It can
54:46
become real if people are aware
54:48
of it. That's why civic
54:50
self -respect, in a very simple
54:52
way, with clear language, gets
54:54
you as a taxpayer, thinking
54:56
big, thinking excited, thinking you can
54:58
help change the system. How many times
55:00
do we have to go and
55:02
talk to members of Congress on the
55:05
Finance Committee and House Ways Committee? And
55:07
they say, we don't hear
55:09
from people back home enough to
55:11
hold hearings on corporate tax
55:13
fraud. We're not getting a feedback.
55:15
Well, this little book, Civic
55:18
Self -Respect, gives you feedback, connects
55:20
you with lobbying groups like Patriotic
55:22
Millionaires. And, you know, it
55:24
makes life more interesting, more
55:26
engrossing. It makes you feel that
55:28
you matter and you count the
55:30
crushing power of corporate hegemony is
55:32
to make people feel they don't
55:34
matter. They don't count that they
55:37
can withdraw into apathy and indifference
55:39
and suffer what they will. We
55:41
will continue our discussion of civic
55:43
self -respect and how you can take
55:45
more control over your civic life
55:47
next week. And to get
55:49
your copy of the book go
55:52
to nadir .org. For $18 you'll get
55:54
a signed copy shipping included in the
55:56
United States. We will also link
55:58
to it at Ralphnaderradiohour .com. I
56:00
want to thank our guests again, Fezz Siddiqui and
56:02
Bruce Fine. For those you listening on the
56:04
radio, that's our program. A few
56:06
podcast listeners, stay tuned for some
56:08
bonus material we call the Wrap Up
56:10
featuring Francesco DeSantis with. In
56:12
case you haven't heard, a transcript of
56:15
this program will appear on the
56:17
Ralph Nader Radio Hour Substack site soon
56:19
after the episode is posted. Subscribe
56:21
to us on our Ralph Nader Radio
56:23
Hour YouTube channel. And for Ralph's
56:25
weekly column, it's free. Go to nader
56:27
.org. For more from Russell Moe Keiber,
56:29
go to corporatecrimereporter .com. The American Museum
56:32
of Tort Law is going virtual.
56:34
Go to tortmuseum .org to explore the
56:36
exhibits, take a virtual tour, and learn
56:38
about iconic tort cases from history. To
56:41
order your copy of The
56:43
Capitol Hill Citizen, Democracy Dies in
56:45
Broad Daylight, go to capitolhillcitizen .com.
56:47
And to order your copy
56:49
of CivicSouthRespect, go to nadr .org.
56:52
For $18, you'll get a signed
56:54
copy of shipping included in
56:56
the United States. The
56:58
producers of the Ralph Nader Radio
57:00
Hour are Jimmy Lee Wirt, Anna Feldman,
57:02
and Matthew Marin. Our executive producer
57:04
is Alan Minsky. Our theme
57:06
music stand -up rise -up was written and performed
57:08
by Kemp Harris, our proofreader is Elizabeth
57:10
Solomon. Join us next week
57:13
on the Ralph Nader Radio Hour.
57:15
Thank you, Ralph. Thank you
57:17
and we'd like more radio stations
57:19
to carry the program and you can
57:21
help in your area listeners, call
57:23
the radio station. Hi,
57:26
this is Jimmy Lee Wirt and welcome to
57:28
the Wrap Up. First up,
57:30
here's the rest of our interview
57:32
with Fez Siddiqui, including the origins
57:35
of Tesla and how Musk took
57:37
over Twitter. We'll start
57:39
with a question I've always wanted
57:41
to ask and it's not
57:43
covered in your book. Who was
57:45
Tesla? And how did Musk
57:47
appropriate the name of one of
57:49
the greatest inventors in modern
57:51
times? You've nailed it. I
57:53
believe Musk, and as you note,
57:55
it's not mentioned in the book.
57:58
I believe Mark Tarpening and Martin
58:00
Eberhardt, the original founders of Tesla,
58:03
were essentially the drivers behind
58:05
this. This was a
58:07
less recognized in the public
58:09
discourse. He was not
58:11
the Edison or the Newton,
58:13
but of course, Nikola Tesla's
58:15
contributions. were probably the ones
58:17
that are most relevant to
58:19
the company we're looking at
58:21
today. Propulsion and sort of
58:23
magnetism, this sort of recognition
58:25
of the power of electricity.
58:28
Tesla is all about this. And
58:30
so Tesla was a fitting
58:32
name for this electric vehicle startup,
58:34
which was founded by two
58:36
individuals who are not named Elon
58:38
Musk, of course, Elon ultimately
58:40
in court was granted or at
58:42
least was allowed to be
58:44
called a founder. And there's no
58:46
reason not to call him
58:48
that. But I should know the
58:51
company was started by two
58:53
individuals named Martin Eberhardt and Mark
58:55
Tarpening. That's interesting.
58:57
I'm always sensitive to commercial
58:59
appropriations of names without permission.
59:01
And then when the name
59:03
becomes the subject of a
59:05
program, as Tesla is now
59:07
with a lot of people.
59:09
boycotting Tesla, selling their Tesla
59:11
out of protest for his
59:13
work under Trump. It's a
59:15
little troublesome the way it happens.
59:17
And I'm sure he didn't ask for
59:19
permission from any of Tesla's descendants,
59:21
did he? Not that
59:23
I'm aware of, but as I
59:26
said, that not a subject of
59:28
my research. The one sort of
59:30
maybe saving race there is obviously
59:32
similar to copyright on something from
59:34
1925. I mean, I think there
59:36
was this feeling that enough time
59:39
has passed, and this is essentially
59:41
a way of promoting a great
59:43
scientific hero, as opposed to
59:45
appropriating as you might put it.
59:47
But again, I think the argument,
59:49
I think it's an interesting one.
59:52
Fest, tell us about Musk's
59:54
takeover of Twitter, how
59:56
he did that, and what it says
59:58
about what he's doing now with Doge.
1:00:01
So Musk slowly began to
1:00:03
accumulate shares of Twitter in,
1:00:05
I believe it was, toward
1:00:07
the end of January 2022. And
1:00:10
as has been now documented in an
1:00:13
SEC lawsuit, Musk accumulates enough
1:00:15
shares to where he has to
1:00:17
disclose that he is going to
1:00:19
be a 5 % owner in
1:00:21
Twitter. He misses that deadline. Had
1:00:24
he disclosed that, obviously the stock
1:00:26
price would have soared. He continues
1:00:28
to acquire shares at what the
1:00:30
government has alleged was an artificially
1:00:32
underinflated price, underinflated by $150 million,
1:00:35
which is Nothing to sneeze at. Again,
1:00:37
when it's a $44 billion acquisition, it
1:00:39
might not seem like a lot, but
1:00:41
it's $150 million. So
1:00:43
he accumulates those shares. He is
1:00:45
just sort of fuming about what
1:00:48
he's seeing as infringements on free
1:00:50
speech by the old folks in
1:00:52
power at Twitter. And he
1:00:54
ends up accumulating enough shares to
1:00:56
not only become a 5 % owner,
1:00:58
he is offered a board seat. He
1:01:01
gets into a spat with
1:01:03
Twitter's existing management and leaders.
1:01:06
and ultimately decides, I'm just going to
1:01:08
take over the site. He goes
1:01:10
public with this, the $44
1:01:12
billion acquisition is announced, and
1:01:14
essentially that launches a crowdfunded
1:01:16
takeover of Twitter, where Musk
1:01:19
leverages some of his fake
1:01:21
and Tesla's equity. So
1:01:23
he essentially guarantees that he's
1:01:25
good for the money and
1:01:27
then finds investors in Silicon
1:01:29
Valley who are very willing
1:01:31
to hitch themselves to Musk
1:01:33
and go in on that
1:01:35
Twitter investment with him and
1:01:37
ultimately they buy it for
1:01:39
$44 billion. The
1:01:41
valuation does not reach that
1:01:43
again, probably until the
1:01:46
election of 2024. As
1:01:48
a reporter on the receiving
1:01:50
end of anonymous comments, you're
1:01:52
in a good position to
1:01:54
answer this question. The vast
1:01:56
bulk of threat and harassment
1:01:58
on the internet come anonymously.
1:02:01
And Professor Robert Falmouth of the
1:02:03
University of San Diego Law
1:02:05
School has been pressing Zuckerberg and
1:02:08
Facebook, for example, to
1:02:10
ban anonymous comment on
1:02:12
the internet. You
1:02:14
would ban a lot of the
1:02:16
threats and a lot of the
1:02:18
pressure from people like Trump and
1:02:20
Musk who have millions of followers
1:02:22
ready to try to intimidate members
1:02:24
of Congress, state legislators, judges, reporters, you
1:02:27
name it. What's your view on
1:02:29
eliminating anonymous commentary on the internet.
1:02:31
You know, newspapers like the ones
1:02:33
you work for, the Washington Post,
1:02:35
you got to put your name
1:02:37
on a letter to the editor
1:02:39
when it's printed. Yeah,
1:02:41
but newspapers also report on anonymous
1:02:43
sources, obviously, who are known, the reporters,
1:02:45
but I guess I comment this
1:02:47
from two perspectives, but I think maybe
1:02:50
it might be generational for me.
1:02:52
So I grew up with the internet
1:02:54
with the principles of the open
1:02:56
internet. And I understand that there are
1:02:58
legitimate reasons for anonymity online, but
1:03:00
it's not a way to establish credibility,
1:03:03
right? There's a reason reporters put
1:03:05
their names on on articles, but whistleblowers,
1:03:07
for example, are a good case
1:03:09
of why do we need to use
1:03:11
some discretion sometimes. And so I
1:03:13
don't know, I sort of think I
1:03:15
fall more on the side of
1:03:18
that that would seem to violate the
1:03:20
principles of the internet as we
1:03:22
know it. But it's an interesting thought.
1:03:24
It's certainly I'm sure
1:03:26
the vast, vast, vast majority
1:03:28
of harassment online is coming
1:03:30
from anonymous actors. Well,
1:03:32
the other side is a free speech
1:03:34
argument, but it's also the argument
1:03:36
that a lot of these threats reach
1:03:38
the level of inciting violence, and
1:03:40
there are senators and representatives who can
1:03:42
attest to that. So it's a
1:03:44
good area of inquiry for reporters, perhaps
1:03:46
not your beat, but maybe your
1:03:48
colleagues. Finally, David
1:03:51
had one more question for
1:03:53
Ralph about his book, Civic Self
1:03:55
-Respect. In your book you
1:03:57
put the term free market in
1:03:59
quotation marks and I took from
1:04:01
that that there is no free
1:04:03
market so that we do need
1:04:05
to be protected. Jimmy
1:04:07
Carter gave us FEMA, the Department
1:04:09
of Education and the Department
1:04:11
of Energy. In the nearly 45
1:04:14
years since he left office,
1:04:16
Congress hasn't created any new agencies,
1:04:18
they've reorganized them. The only
1:04:20
thing I can think of, and
1:04:22
correct me if I'm wrong,
1:04:24
is the Consumer Financial Protection Bureau,
1:04:27
but that's not a cabinet
1:04:29
level agency. It's
1:04:31
pretty remarkable that there have
1:04:33
been no new agencies since
1:04:35
the Carter administration. Was
1:04:37
there a possibility of his creating
1:04:39
a consumer protection cabinet level
1:04:41
agency? And what would that have
1:04:44
looked like? Would it have
1:04:46
been likely? Federal Trade Commission, I
1:04:48
mean, is such a thing
1:04:50
possible? There were some
1:04:52
agencies created around the
1:04:54
early 1970s, the Consumer Product
1:04:56
Safety Commission, the Auto
1:04:58
Safety Agency, for example, added
1:05:00
to the earlier 20th century
1:05:03
creation of the Federal Trade
1:05:05
Commission and the Food and
1:05:07
Drug Administration. And some years
1:05:09
later, the Civil Aeronautics Board,
1:05:11
which in effect, taken over
1:05:13
by the FAA. in
1:05:15
very modest airline regulation. We
1:05:18
pushed under Carter for the
1:05:20
Consumer Protection Agency. It was not
1:05:22
a regulatory agency, David.
1:05:25
It was not a cabinet level. It
1:05:27
was a advocate intervening in
1:05:29
other agency deliberations to require
1:05:31
them to address consumer protection
1:05:34
inputs and needs. So they
1:05:36
weren't always regulating in favor
1:05:38
of cartels or corporate priorities.
1:05:40
We almost got it through.
1:05:42
We get it through the
1:05:44
house. We didn't get it
1:05:47
through the Senate. Vice
1:05:49
-Vice was finally defeated and
1:05:51
it was just a
1:05:53
small agency that could take
1:05:56
these other agencies to
1:05:58
court if they engage in
1:06:00
arbitrary and capricious ignorance
1:06:02
and indifference regarding consumer protection.
1:06:05
And we lost it and we
1:06:07
never had a chance to
1:06:09
bring it back. That was a
1:06:11
very serious default. It sort
1:06:13
of broke the momentum of the
1:06:15
consumer movement. There are needs
1:06:18
for new consumer groups, needs for
1:06:20
one on privacy, which has
1:06:22
tremendous impact in terms of human
1:06:24
freedom, civil liberties, and
1:06:26
an internet intrusive age, especially
1:06:28
for children. And
1:06:30
now it's time for In Case
1:06:32
You Haven't Heard with Francesco
1:06:34
De Santis. On
1:06:38
Monday, April 21st, Vatican News
1:06:40
announced the death of Pope Francis.
1:06:43
This came just one day after Easter
1:06:45
Sunday, when Francis met with Vice President
1:06:47
J .D. Vance. The day prior, Francis
1:06:50
had snubbed the VP, sending in
1:06:52
his place Cardinal Pietro Parolintotto
1:06:54
to quote, deliver a lecture
1:06:56
on compassion and quote, per
1:06:58
The Daily Beast. Pope
1:07:00
Francis led the Catholic Church in
1:07:02
2013 and during his tenure sought
1:07:04
to move the Church in a
1:07:06
vastly more progressive direction. preaching against
1:07:09
capitalism's destruction of the environment, advocating
1:07:11
for abolition of the death penalty,
1:07:13
and greater acceptance for LGBTQ Catholics within
1:07:15
the Church, and expanding the reach
1:07:17
of the Church into non -traditional areas
1:07:19
such as Mongolia, among many
1:07:22
other initiatives. This won
1:07:24
him the admiration of many around the
1:07:26
world, but also drew the ire of the
1:07:28
conservative clergy, particularly in the
1:07:30
United States. Francis was the first
1:07:32
Jesuit Pope and the first Pope to hail
1:07:34
from the New World. Senior churchmen
1:07:36
will now assemble to elect a
1:07:38
new pope. This conclave is
1:07:40
expected to be contentious with
1:07:42
progressives seeking to consolidate Francis' reforms,
1:07:45
while the conservatives see an
1:07:47
opening to take back the formal
1:07:49
organs of the church. Instead
1:07:52
of death, our next
1:07:54
story concerns birth. Noor
1:07:56
Abdallah, wife of Mahmood Khalil,
1:07:58
the Palestinian Columbia University student
1:08:00
currently being held by ICE
1:08:02
in Louisiana, gave birth to
1:08:04
their son on Monday. According
1:08:06
to a statement by Abdallah,
1:08:08
reported by Ariya Sundaram of
1:08:10
WNYC, ICE denied a
1:08:12
request for Khalil to be temporarily released
1:08:14
to meet their son. A,
1:08:16
quote, purposeful decision by
1:08:19
ICE to make her, Mahmood,
1:08:21
and her son suffer. End
1:08:23
quote. Later in this statement,
1:08:25
Abdullah writes, quote, I will continue to
1:08:27
fight every day for Mahmoud to come
1:08:29
home to us. I know
1:08:32
when Mahmoud is freed, he will show
1:08:34
our son how to be brave, thoughtful,
1:08:36
and compassionate, just like his dad," end
1:08:38
quote. Khalil's case
1:08:40
continues to wind its way through the courts.
1:08:43
The result of this case will
1:08:45
have significant ramifications for the Trump
1:08:47
administration's ability to remove individuals with
1:08:49
legal status on the basis of
1:08:51
political speech. In
1:08:53
an encouraging sign, more and more
1:08:55
congressional Democrats are getting personally
1:08:57
involved in cases of Trump administration
1:08:59
overreach on immigration. In
1:09:02
addition to Senator Chris Van Hollen's highly
1:09:04
publicized visit to El Salvador, Truthout
1:09:06
reports that Senator Peter Welch met with
1:09:08
Mohsen Madawi, the Columbia
1:09:10
University student, entrapped with a false
1:09:12
citizenship test in Vermont. Meanwhile,
1:09:14
Cape Cod Times reports that
1:09:16
on April 22nd, Senator Anne
1:09:18
Markey and representatives Ayanna Presley
1:09:20
and Jim McGovern of Massachusetts,
1:09:23
along with Democratic members of the
1:09:25
House Troy Carter and Benny Thompson,
1:09:27
traveled to a Louisiana detention facility to
1:09:29
demand the release of Ramiesa Auz
1:09:31
Turk, the Tufts University grad student
1:09:33
who was abducted off the street
1:09:35
last month by masked ICE agents. This
1:09:38
delegation met with Auz Turk herself, as well
1:09:40
as Mahmood Khalil. And CBS
1:09:42
reports representatives Robert Garcia, Maxwell
1:09:44
Frost, Yasemin Ansari, and Maxine
1:09:46
Dexter travel to El Salvador
1:09:49
as well, getting pressure up
1:09:51
regarding the Kilmar Garcia case.
1:09:54
Still, hundreds of immigrants of
1:09:56
varying status have been deported
1:09:58
to the ominous and shadowy Seacop
1:10:00
prison camp in El Salvador without
1:10:02
due process, since Trump began this
1:10:04
mass deportation campaign. In
1:10:06
more troubling congressional news, Senate Judiciary
1:10:09
Chairman Chuck Grassley of Iowa wrote
1:10:11
a letter to Attorney General Pam
1:10:13
Bondi and FBI Director Kash Patel
1:10:15
on April 16th, calling for investigations
1:10:17
into the progressive activist group Code
1:10:19
Pink, as well as the New
1:10:21
York City Cultural Center known as the People's
1:10:23
Forum. This letter is almost
1:10:25
textbook McCarthyite red -baiting. Claiming Code
1:10:28
Pink and the People's Forum
1:10:30
are nothing more than mouthpieces for
1:10:32
the Chinese Communist Party. thereby
1:10:34
violating the Foreign Agents Registration Act.
1:10:37
Beyond the fact that these groups are
1:10:39
engaging in nothing more than constitutionally protected
1:10:41
political speech, it is clear from the
1:10:43
citations within the letter that they are
1:10:45
targeting these groups because of their pro -Palestine
1:10:48
positions. This is
1:10:50
just another escalation in the Orwellian suppression
1:10:52
of free speech critical of Israel's
1:10:54
illegal occupation. Unfortunately, just
1:10:56
as with McCarthyism itself, we
1:10:58
cannot count on congressional Democrats to go
1:11:01
to bat for the free speech rights
1:11:03
of the left. In
1:11:05
a win for consumers, Bloomberg reports
1:11:07
Airbnb announced it will now display
1:11:09
the total price of stays, including
1:11:11
all fees, to comply with
1:11:13
a federal Trade Commission rule set
1:11:15
to go into effect next month. Many
1:11:18
worried that the FTC would rescind
1:11:20
this rule with the changing of
1:11:22
the administration. But for now at
1:11:24
least, the Trump FTC seems poised to keep it.
1:11:26
This new rule is expected to quote, lower
1:11:29
their cleaning fees to make rentals more
1:11:32
affordable, as the sometimes exorbitant
1:11:34
fees have become a key
1:11:36
reason why some customers prefer
1:11:38
hotels over Airbnb. Another
1:11:41
positive move is that the
1:11:43
Trump Department of Justice has proceeded
1:11:45
with an anti -trust case against
1:11:47
Google's advertising technology or ad
1:11:49
tech. On April 17th,
1:11:51
a judge found Google
1:11:53
liable for quote, willfully acquiring
1:11:55
and maintaining monopoly power.
1:11:57
in two markets for online
1:12:00
advertising technology per Reuters. This
1:12:02
follows a similar judgment against Google
1:12:04
regarding a monopoly on search, which
1:12:07
is only amplified by its adoption of
1:12:09
AI. Another trial will
1:12:11
determine the remedy for this monopoly,
1:12:13
which could include Google being forced to
1:12:15
sell off aspects of its business. According
1:12:18
to this report, Google
1:12:20
has previously explored selling its
1:12:22
ad exchange to appease European
1:12:24
antitrust regulators. Senator
1:12:26
Amy Klobuchar, former chair of
1:12:28
the Antitrust Subcommittee, called the
1:12:31
ruling, quote, a big win
1:12:33
for consumers, small businesses, and
1:12:35
content creators that will open digital
1:12:37
markets to more innovation and
1:12:39
lower prices. On
1:12:41
the other hand, public citizens Rick Claypool
1:12:43
reports, quote, 58 corporations
1:12:45
facing federal investigations
1:12:47
and enforcement lawsuits collectively
1:12:49
gave $50 million
1:12:51
to Trump's inaugural fund.
1:12:54
Cases against 11 of these corporations
1:12:56
have already been dismissed or
1:12:58
withdrawn, and 6 have
1:13:00
been halted." More granular information
1:13:02
about each of these enforcement
1:13:04
actions is available through Public
1:13:07
Citizen's Corporate Enforcement Tracker database,
1:13:09
but the big picture is
1:13:11
clear. If a corporation wants
1:13:13
the government off its back, all
1:13:15
they have to do is make
1:13:17
a handsome contribution. Trump administration
1:13:19
is paid to play and
1:13:21
open for business. In
1:13:24
another instance of the administration tying
1:13:26
the hands of key federal regulators,
1:13:29
the Food and Drug Administration will, quote, end
1:13:31
its routine food safety
1:13:34
inspections, quote, according
1:13:36
to the National Public Health Information Coalition.
1:13:39
The FDA plans to, quote, shift most
1:13:41
food safety inspections to state and local
1:13:43
agencies, end quote. While
1:13:45
some food inspections are conducted at the
1:13:47
state and local level, public health advocates
1:13:49
are raising concerns about, quote, oversight
1:13:52
and consistency. According
1:13:54
to CBS, these plans have
1:13:56
not been First
1:14:00
part of this administration, Notus
1:14:02
reports quote, DOGE website, the
1:14:04
only public accounting of Elon
1:14:06
Musk and President Donald Trump's
1:14:08
attempts to reduce federal government
1:14:10
spending has posted revisions that
1:14:12
suggest DOGE was previously overstating
1:14:15
its savings by hundreds of
1:14:17
millions of dollars, end
1:14:19
quote. These stunning,
1:14:21
if not altogether surprising,
1:14:23
Overestimations are staggering
1:14:25
in scale. Quote,
1:14:27
on Tuesday, April 15th
1:14:29
alone, DOGE removed around
1:14:31
$962 million in previously
1:14:34
claimed cuts and altered
1:14:36
hundreds of others to
1:14:38
boost individuals' items' reported
1:14:40
savings values, end quote.
1:14:43
The incompetence of DOGE has led
1:14:45
Musk to reduce the target
1:14:48
goal of spending cuts down from
1:14:50
$1 trillion to just $150
1:14:52
billion, a drop in the
1:14:54
bucket when it comes to federal
1:14:56
spending certainly not worth the evisceration
1:14:58
of social and other
1:15:00
programs cuts have
1:15:02
entailed. Finally,
1:15:05
in more bad news for
1:15:07
Elon Musk, Reuters reports the
1:15:09
Chinese Ministry of Industry and
1:15:11
Information Technology tightening electric vehicle
1:15:14
battery safety standards, specifically
1:15:16
to, quote, ensure
1:15:18
batteries fire or explode,
1:15:21
quote. This quite a
1:15:23
humble regulatory goal. However,
1:15:26
this new regulation could spell
1:15:28
disaster Tesla. According
1:15:30
to TeslaFire .com, there have
1:15:32
been 232 confirmed cases
1:15:35
of Tesla fires, and
1:15:37
quote, 83 fatalities
1:15:39
a Tesla car
1:15:41
fire, end quote. If
1:15:44
I were a Chinese EV regulator,
1:15:46
I would be wary of allowing Tesla
1:15:48
vehicles on the roads. but
1:15:51
that's just me. This has
1:15:53
been Francesco De Santis, but
1:15:55
in case you haven't heard. And
1:15:58
that's a wrap. Join us next
1:16:00
week on The Nader Hour. Until
1:16:02
next time.
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