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Lever Time

This State Is For Sale

Lever Time

The Lever

News, News Commentary, Politics

4.8560 Ratings

🗓️ 28 March 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

If you own a Fortune 500 business, you probably incorporated it in Delaware. The state has long been favored by corporate America, offering tax benefits and a bespoke, pre-Revolutionary War court system tailored to business needs. But now Delaware’s standing as the country’s top corporate haven is under attack. This week on Lever Time, senior podcast producer Arjun Singh sits down with The Lever’s Katya Schwenk and Luke Goldstein to learn why the tiny East Coast state has been the United States’ corporate haven for decades. But there’s more to the story. Why are other states now battling to seize its title — and how does it impact the rest of us? And finally, how is  Elon Musk making everything worse? Lever reporting explains why Delaware is ground zero in the national oligarch takeover and why what happens in Delaware doesn’t stay in Delaware. It means corporate deregulation from coast to coast. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to the free ad-supported version of our podcast. For an ad-free experience,

0:05.5

visit levernews.com slash upgrade. When Donald Trump was inaugurated like all presidents, he swore

0:12.1

an oath to preserve, protect, and defend the Constitution. Instead, Donald Trump has decided

0:16.9

to swerve, deflect, and append the Constitution and treat it like a terms and conditions

0:21.8

page. I'm Professor Corey Brett Schneider. And I'm deeply unqualified comedian John Fugleson.

0:27.3

We'd like to invite you to listen to the Oath in the Office podcast where every week we interpret

0:32.1

the Constitution and hold Trump accountable to his oath. It's a podcast that offers real insight on how to take action against tyranny and mayhem,

0:41.2

because despair is not a strategy.

0:43.8

We'll hold him to his pledge, despite his threats to democracy and the law itself.

0:49.3

It's a podcast that's all about hope for what a real democracy should look like from an esteemed, respected

0:54.9

constitutional scholar and a deeply neurotic comedian who thought the emoluments clause was a breakfast item.

1:01.1

Subscribe to The Oath in the Office where every week we talk about how citizens can preserve our democracy

1:06.7

and fight back against the threat to democracy.

1:10.1

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