The pope, Obama and a former banker walk into a slum: does the 1% still win? | Chris Arnade | Comment is free | theguardian.com:
"The sharing-the-winnings part never happens. It certainly didn't happen prior to the crisis, and it didn't happen even as the American economy collapsed. The winners kept using their new wealth to further empower themselves. They did this by flooding the political system with money to stack the deck. Rather than invest in job-friendly projects, they moved production to places with the cheapest labor and the fewest regulations.
When you bend the rules to favor the wealthy, they never give back."
Coffee Break: Elon Musk to Squeeze Tesla Shareholders to Juice xAI?
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Elon Musk, Earth's wealthiest human, is leveraging his business empire to
invest in xAI with SpaceX and possibly Tesla putting in billions.
1 hour ago