Showing posts with label avarice. Show all posts
Showing posts with label avarice. Show all posts

Monday, July 28, 2025

Connie Chung Says ‘Shame On’ Shari Redstone and the Ellisons: ‘I Fear the End of CBS as I Knew It’ | Video; The Wrap, July 26, 2025

 , The Wrap; Connie Chung Says ‘Shame On’ Shari Redstone and the Ellisons: ‘I Fear the End of CBS as I Knew It’ | Video

Former “CBS Evening News” anchor Connie Chung said the impending sale of Paramount and “60 Minutes” skirmish with Donald Trump represent “the end of CBS News” as she knew it, blaming Shari Redstone and the Ellisons for the demise of “unbiased, fact-based journalism.”

“CBS was always a standalone network,” Chung said in a CNN interview with Brianna Keilar on Saturday. “The news division was autonomous. It was always unencumbered by pressures from politicians – including presidents – and unencumbered by bean-counters. But now I can see that the days [of] honest, unbiased, fact-based journalism is being tainted.

Chung placed the blame squarely on Redstone, chair of Paramount Global, and “Larry Ellison, and his son David,” who “seem to only know greed, avarice. I worry about the CBS I used to know.”"

Wednesday, July 2, 2025

ESSAY: Billionaire do-gooding is out. Naked oligarchy is in; The Ink, July 2, 2025

ANAND GIRIDHARADAS, The Ink; ESSAY: Billionaire do-gooding is out. Naked oligarchy is in

 "No one was ever going to announce that the era of performative elite do-gooding had ceded to the era of naked oligarchy. But this week three events made that eclipse clear.

The first was the multi-billionaire Jeff Bezos’s wedding, in Venice, to Lauren Sánchez, who would surely float if she fell into a canal. As celebrities poured into a city already strained by tourism, and the happy couple was photographed frolicking in a literal foam party aboard a yacht, there was an almost refreshing, well, nakedness to the avarice, to the carelessness, to the not-giving of civic fucks. There was a reminder of the omnipotence and the utter loneliness at the commanding heights: you can get anyone you want to your wedding, and the people you want are the people you’d invite if you told your assistant to run to the dentist’s office, pick up People magazine, write down names in it, and invite them. These are people who have everything, and who don’t have the thing everybody else does.

The second was the inevitable announcement by multi-billionaire Mark Zuckerberg’s charitable foundation, run with his wife, Priscilla Chan, that it is no longer focused on ending all the diseases, as it once promised. Rather, in the Trump era, it is focused on things that would not be any trouble to Trump. “Can we cure all diseases in our children’s lifetime?” read a screen behind the couple at a rehearsal in 2016. The answer turns out to be: No. The Washington Post, owned by the oligarch in the above item, nonetheless rightly warned, in the Zuckerberg-Chan case, of “the risks for communities reliant on wealthy private donors.”

The third event was the passage today of Donald Trump’s and the Republicans’ budget, a document of searing meanness that former Labor Secretary Robert Reich calls the “Worst Bill in History” — a “giant budget-busting, Medicaid-shattering, shafting-the-poor-and-working-class, making-the-rich-even richer bill.” Like the Bezos wedding and the Zuckerberg-Chan pivot, the bill had one refreshing quality, though. It made zero effort to mask its ugliness. It said the cruel part out loud.

There is a nakedness to our oligarchy now, and it is pruny as hell. But at least there is this: As far as I can tell, the era of highly performative elite do-gooding is passing."