Slate Money

Who’s The Boss?

31 snips
Mar 22, 2025
Dan Primack, an Axios reporter and expert on business deals, joins the discussion to shed light on the groundbreaking $7.3 billion valuation of the Boston Celtics. The group dives into the implications of private equity's growing influence in sports ownership and its effects on team dynamics. They also tackle Elon Musk's controversial maneuvers against the Social Security Administration, questioning political motivations behind recent policy changes. With insights into legislative power plays and a humorous take on local governance, this chat is packed with thought-provoking commentary!
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INSIGHT

SSA's Fraud Prevention Efforts

  • Social Security Administration (SSA) is making it harder for people to apply for benefits, claiming fraud prevention.
  • This fraud, however, represents a tiny fraction (0.006%) of SSA's total payouts.
INSIGHT

Doge's True Intentions

  • Some suspect that the Doge's actions are not about saving money, but rather about breaking Social Security.
  • This would allow for radical changes under the guise of fixing it, potentially leading to privatization.
ANECDOTE

Elon Musk's Takeover of the Institute of Peace

  • The Elon Musk's takeover of the US Institute of Peace involved bypassing legal procedures and using force.
  • This included manipulating the security force and physically seizing the building, raising questions about authority.
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