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What A Day

Biden Vs. Big Business

What A Day

Crooked Media

News, Daily News

4.612K Ratings

🗓️ 12 July 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

President Biden signed an executive order last week aimed at boosting competition between businesses and discouraging monopolies. The order includes 72 initiatives, which will encourage the FTC to reinstate net neutrality rules, require airlines to disclose hidden fees, allow cheaper medications to be imported from Canada, and more. The CDC issued guidelines for school districts to reopen this fall, while allowing local officials to tighten or loosen restrictions given factors like regional vaccination rates. There is a bump in cases of coronavirus in the U.S. right now, however, driven by pockets with lower vaccination rates. And in headlines: turmoil in Haiti following the President's assassination, record-high temperatures in the West, and Sir Richard Branson goes to space. Show Notes: Presidential Executive Order on Promoting Competition in the American Economy – https://bit.ly/3yNCc7c For a transcript of this episode, please visit crooked.com/whataday.

Transcript

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0:00.0

It's Monday, July 12th, I'm Achila Hughes.

0:09.2

And I'm getting arrested and this is what today congratulating the Italian national team

0:12.7

for their win in the sport that we call soccer, but they call soccer ball playing.

0:17.0

Right, I think the correct term in Europe is actually soccer ball kicking into the goal

0:21.7

contest.

0:22.7

That is correct, and Italy is officially the best at it.

0:25.9

You know, they deserve good for them.

0:35.6

On today's show, the CDC outlines how schools can reopen their classrooms this fall, plus

0:40.0

we'll have headlines.

0:41.0

But first, the latest.

0:43.0

We are now 40 years into the experiment of letting giant corporations accumulate more

0:47.5

and more power.

0:49.5

And what have we gotten from it?

0:52.2

Let's growth, weaken investment, fewer small businesses.

0:56.5

Yeah, that was President Biden last Friday after signing an executive order with the aim

1:00.4

to boost competition for businesses.

1:02.8

The order has 72 initiatives spanning more than a dozen federal agencies, but let's

1:06.8

just focus on a few.

1:08.1

So Achila, what all is in here?

1:10.2

All right, it's a lot of good stuff.

1:12.4

In a broad sense, the intent of the order is to get federal agencies to sub-slacking on

1:16.3

their duty to oversee big corporations and practices.

...

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