50-50 Chance of Recession This Year: Larry Summers (Connecting the Dots: Michael Bloomberg, Larry Summers, ONE Campaign, Breakthrough Energy Coalition, Sheryl Sandberg, Bill Gates & Soros Funding, All Networking)

50-50 Chance of Recession This Year: Larry Summers (Connecting the Dots: Michael Bloomberg, Larry Summers, ONE Campaign, Breakthrough Energy Coalition, Sheryl Sandberg, Bill Gates & Soros Funding, All Networking)

Newsmax.com

By Lee Barney    |   Friday, 14 March 2025 09:53 AM EDT

Former U.S. Treasury secretary Larry Summers speaks during the World Economic Summit in Washington, D.C., on April 17, 2024. (Mandel Ngan/Getty Images)

https://www.newsmax.com/finance/streettalk/larry-summers-recession-tariffs/2025/03/14/id/1202806/

Former Treasury Secretary Larry Summers sees a 50-50 chance of a recession in 2025 due to President Trump’s tariffs, immigration policies and federal government layoffs.

“I’d say there’s a 50-50 chance of a recession starting this year,” Summers told Bloomberg. “When economic revisions start being revised in a direction, there tends to be momentum, and all the revisions are going one way, pointing towards less growth and real uncertainty.”

The steep decline in the stock market and erosion of consumer confidence are also indicators of a possible recession, said Summers, who was Treasury Secretary during the Clinton administration and served as White House Economic Council director under Obama.

On Thursday, the S&P 500 declined by 10% from its February record, putting it in correction territory.

“The more people are looking for sharp cuts by the Fed, the more they’re judging that a recession is likely,” said Summers, who now serves on the board of OpenAI.

Summers called Trump’s tariffs “confused protectionist policy” because “manufacturing has trended downwards for 60 years as a share of the economy,” including even in China, primarily due to automation and assembly lines.

A better approach to rebuilding U.S. manufacturing and jobs, Summers suggested, would be to “subsidize outputs rather than raise the price of manufacturing inputs” via import tariffs. Summers also said it does not make sense to tariff goods made in Canada and Mexico, which, essentially, are manufacturing partners to the U.S.

“We have seen a sea change in perception in the two months since Trump was inaugurated,” said Summers, who was president of Harvard University from 2001 to 2006. When Trump came into office, “the prevailing view was a very strong economy, possibly inflation risk, and United States exceptionalism and outperformance relative to the rest of the world.

“But the combination of the substantial immigration restrictions, substantial federal government layoffs, the damage to U.S. competitiveness and U.S. production done by tariffication, and, above all, a big increase in risk premiums, have led to sharp reductions in consumer and business spending.”

Summers slammed Trump’s “steadfastness on tariffs, economic nationalism and vast, wide interpretation of government” reach for creating market uncertainty.

“Every time he recommits [to the tariffs], pessimism increases,” Summers said.

Asked if he agrees with Trump’s focus on strengthening the U.S. economy in the long term, Summers likened it to the Biden administration’s and the Federal Reserve’s initial dismissal of the severity of inflation.

“I don’t think the idea that this is some kind of transition period is going to work out very well at all,” Summers said.

As to what investors should pay attention to when deciding how to allocate their portfolios, Summers pointed to forward-looking data, including business orders, consumer sentiment, commodity prices and equity analyst forecasts. If downward revisions in any of these gains momentum, it could be a recession signal, Summers said.

However, the economist conceded that Trump’s trade policies could potentially benefit the U.S., noting: “Studies show that [tariffs] can go either way in terms of their impact in the short run. But it’s almost always bad over the medium to long run.

“So unless there’s a reversal in policy, I would expect this situation to get more serious.”

Lawrence (Larry) Summers

https://en.wikipedia.org/wiki/Lawrence_Summers

Differences between the sexes

So my best guess, to provoke you, of what's behind all of this is that the largest phenomenon, by far, is the general clash between people's legitimate family desires and employers' current desire for high power and high intensity, that in the special case of science and engineering, there are issues of intrinsic aptitude, and particularly of the variability of aptitude, and that those considerations are reinforced by what are in fact lesser factors involving socialization and continuing discrimination. I would like nothing better than to be proved wrong, because I would like nothing better than for these problems to be addressable simply by everybody understanding what they are, and working very hard to address them.^[43]

Summers then went on to discuss approaches to remedying the shortage of women in high-end science and engineering positions.

This lunch-time talk drew accusations of sexism and careless scholarship, and an intense negative response followed, both nationally and at Harvard.^[47] Summers apologized repeatedly.^[48] Nevertheless, the controversy is speculated to have contributed to his resigning his position as president of Harvard University the following year, as well as costing Summers the job of Treasury Secretary in Obama's administration.^[49]

Summers's protégée Sheryl Sandberg has defended him, saying that "Larry has been a true advocate for women throughout his career" at the World Bank and Treasury. Referring to the lunch talk, Sandberg said, "What few seem to note is that it is remarkable that he was giving the speech in the first place – that he cared enough about women's careers and their trajectory in the fields of math and science to proactively analyze the issues and talk about what was going wrong

Connecting the Dots:

Bloomberg News is a division of Bloomberg LP.

Michael R. Bloomberg is the founder of Bloomberg LP and a member of the Breakthrough Energy Coalition.

George Soros is a member of the Breakthrough Energy Coalition and was the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

William H. Gates III is the founder for the Breakthrough Energy Coalition and a co-chair for the Bill & Melinda Gates Foundation.  

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

Lawrence H. Summers was a trustee at the Brookings Institution (think tank), the National Economic Council chairman for the Barack Obama administration and a director at the ONE Campaign.

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and is the COO & director for Facebook.

Mark Zuckerberg is a co-founder & chairman & CEO for Facebook and a member of the Breakthrough Energy Coalition.

Michael R. Bloomberg is a member of the Breakthrough Energy Coalition, the founder of Bloomberg LP and an advocate for the ONE Campaign.

Michelle Obama is an advocate for the ONE Campaign.

Lawrence H. Summers was a director at the ONE Campaign, a trustee at the Brookings Institution (think tank) and the National Economic Council chairman for the Barack Obama administration.

International Rescue Committee is a partner with the ONE Campaign.

Foundation to Promote Open Society was a funder for International Rescue Committee and the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society and is a member of the Breakthrough Energy Coalition.  

Bill & Melinda Gates Foundation was a funder for the International Rescue Committee and the Brookings Institution (think tank).

William H. Gates III is a co-chair for the Bill & Melinda Gates Foundation and the founder for the Breakthrough Energy Coalition.

Mark Zuckerberg is a member of the Breakthrough Energy Coalition and a co-founder & chairman & CEO for Facebook.

Michael R. Bloomberg is a member of the Breakthrough Energy Coalition,

the founder of Bloomberg LP and an advocate for the ONE Campaign.

Michelle Obama is an advocate for the ONE Campaign.

Lawrence H. Summers was a director at the ONE Campaign, a trustee at the Brookings Institution (think tank) and the National Economic Council chairman for the Barack Obama administration.

International Rescue Committee is a partner with the ONE Campaign.

Bill & Melinda Gates Foundation was a funder for the International Rescue Committee and the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for International Rescue Committee and the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society and is a member of the Breakthrough Energy Coalition.  

Michael R. Bloomberg is a member of the Breakthrough Energy Coalition, an advocate for the ONE Campaign and the founder of Bloomberg LP.

Bloomberg News is a division of Bloomberg LP.

Resources: Past Research

MSNBC Closes 2014 In Last Place, Hemorrhaging Viewers (Past Research on Bloomberg News)

Wednesday, December 31, 2014

https://thesteadydrip.blogspot.com/2014/12/msnbc-closes-2014-in-last-place.html

Bill Gates-Funded Climate Group Slashes Staff (Connecting the Dots: Bill Gates, The Breakthrough Energy Coalition, The Climate Reality Project, The New York Times, Kleiner Perkins Caufield & Byers, The World Economic Forum & Soros Funding, All Networking) (Past Research on Michael R. Bloomberg & the Breakthrough Energy Coalition)

Wednesday, March 12, 2025

https://thesteadydrip.blogspot.com/2025/03/bill-gates-funded-climate-group-slashes.html 

War Looms Large over G20 Event as Russia Meets Rivals in Bali (Connecting the Dots: Lawrence Summers, Timothy Geithner, Michelle Obama, G20, Soros & Henry Kissinger) (Past Research on Larry Summers)

Thursday, July 7, 2022

https://thesteadydrip.blogspot.com/2022/07/war-looms-large-over-g20-event-as.html

Bill Gates: Spoke With Trump, 'Amazing Things' for Global Health (Connecting the Dot: Bill Gates, The Gates Foundation, Mark Zuckerberg, global health, Obamacare, FDA, Pfizer, Johnson & Johnson, The Wall Street Journal, 60 Minutes, The Breakthrough Energy Coalition, Facebook & Soros Funding, All Networking) (Past Research on the Bill & Melinda Gates Foundation)

Sunday, January 19, 2025

https://thesteadydrip.blogspot.com/2025/01/bill-gates-spoke-with-trump-amazing.html

US Airline Stocks Tumble as Carriers Cut Forecasts (Connecting the Dots: Southwest Airlines, Delta Air Lines, United Airlines, American Airlines, Obamacare, Federal Aviation Administration (FAA), J.P.Morgan, World Business Chicago, Commercial Club of Chicago, The Boeing Company & Soros Funding, All Networking)

US Airline Stocks Tumble as Carriers Cut Forecasts (Connecting the Dots: Southwest Airlines, Delta Air Lines, United Airlines, American Airlines, Obamacare, Federal Aviation Administration (FAA), J.P.Morgan, World Business Chicago, Commercial Club of Chicago, The Boeing Company & Soros Funding, All Networking)

Newsmax.com

Tuesday, 11 March 2025 07:53 AM EDT

A Delta Airlines' Boeing 737 plane takes off to Detroit from LaGuardia Airport in Queens, New York. (Charly Triballeau/Getty Images)

https://www.newsmax.com/finance/streettalk/airline-stocks-economic/2025/03/11/id/1202296/

Major U.S. airline stocks fell sharply in premarket trading Tuesday after Delta Air Lines and budget carrier Southwest Airlines slashed their first-quarter forecasts, stoking concerns about the impact of a slowing economy on travel demand.

Delta Air Lines slumped 11% in premarket trading after the legacy carrier slashed its first-quarter profit forecast, while peers United Airlines and American Airlines were down 8% and 7%, respectively.

The sector-wide slump followed a broad market selloff on Monday after worries of a potential federal government shutdown and tariff jitters ignited fears that the U.S. economy could be heading towards a recession.

Southwest Airlines also fell 3% after it cut its expectations for unit revenue growth on Tuesday.

The carrier now expects its revenue per available seat mile (unit revenue), a proxy for pricing power, to grow between 2% and 4% during the first quarter, compared with its prior range of a 5% to 7% increase.

U.S. President Donald Trump's tariffs have raised concerns about an economic slowdown and reduced discretionary spending, prompting travelers to exercise caution when planning trips.

The abrupt shift comes as a setback for big U.S. carriers, which just two months ago were benefiting from strong travel demand and high pricing across their networks.

Major U.S. airlines are set to speak at the J.P.Morgan Industrials Conference on Tuesday and are expected to provide insight on the new demand environment and any updates to their expectations for the current quarter.

Citi analyst Stephen Trent said Delta's forecast cut was disappointing, but not entirely unexpected.

"Concerns about US consumer strength, possible DOGE impacts on governmental air travel demand and Federal Aviation Administration (FAA) staffing, US government tariff uncertainties and several high-profile aviation incidents across North America have all occurred since late January," Trent said in a note.

Delta said on Monday it expects profit in the range of 30 cents to 50 cents per share, compared with its previous estimate of 70 cents to $1 per share.

Connecting the Dots:

AMR Corporation is the parent company for American Airlines.

Judith Rodin is a director at the AMR Corporation and was an honorary trustee at the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society. 

Cameron F. Kerry is a fellow at the Brookings Institution (think tank), John F. Kerry’s brother and a senior counsel at Sidley Austin LLP.  

Kathryn B. Thomson was a partner at Sidley Austin LLP and is the chief counsel for the Federal Aviation Administration (FAA).

Michelle Obama was a lawyer at Sidley Austin LLP and Mayor Richard M. Daley’s staffer.

Richard M. Daley’s staffer was Michelle Obama, the Chicago (IL) mayor and a director at the World Business Chicago.

Oscar Munoz is a director at World Business Chicago and the president & CEO for the United Continental Holdings, Inc.

Glenn F. Tilton is a director at World Business Chicago and was the chairman for the United Continental Holdings, Inc.

United Airlines is a subsidiary of United Continental Holdings, Inc.

Walter Isaacson is a director at the United Continental Holdings, Inc., the president & CEO for the Aspen Institute (think tank), was a director at United Airlines and the chairman & CEO for CNN.

Thomas R. Pickering is a lifetime trustee at the Aspen Institute (think tank) and was an SVP, consultant for the Boeing Company.

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society and is the founder & chairman for the Open Society Foundations. 

Open Society Foundations was a funder for the Atlantic Council of the United States (think tank).

Aleksandra Johnson was a producer for CNN, a director of public affairs for the U.S. Department of Transportation and is an assistant to the secretary for the Federal Aviation Administration (FAA).
Edmund P. Giambastiani Jr. is a lifetime director for the Atlantic Council of the United States (think tank) and a director at the Boeing Company.

Stanley O. Roth is a VP for the Boeing Company and was a director at the Atlantic Council of the United States (think tank).

James L. Jones Jr. was a director at the Boeing Company and is a director at the Atlantic Council of the United States (think tank).

Rozanne L. Ridgway was a director at the Boeing Company and a co-chair for the Atlantic Council of the United States (think tank).

Stanley Ebner was the SVP at the Boeing Company and is a lifetime director for the Atlantic Council of the United States (think tank).

Open Society Foundations was a funder for the Atlantic Council of the United States (think tank).

George Soros is the founder & chairman for the Open Society Foundations and was the chairman for the Foundation to Promote Open Society.  

Foundation to Promote Open Society was a funder for the Committee for Economic Development.

Enrico A. Lazio was a trustee at the Committee for Economic Development and was an EVP at JPMorgan Chase & Co.

Roy J. Bostock was a trustee at the Committee for Economic Development, the chairman for the Northwest Airlines Corporation and is the vice chairman for Delta Air Lines, Inc.

Delta Air Lines, Inc. acquired the Northwest Airlines Corporation.

T. Allan McArtor is a trustee at the Committee for Economic Development and was an administrator for the Federal Aviation Administration (FAA).

Ronald A. Williams is a trustee at the Committee for Economic Development, and a director at the Boeing Company.

Kenneth M. Duberstein is a director at the Boeing Company and was the VP for the Committee for Economic Development.

Donna S. Morea was a trustee at the Committee for Economic Development, and the EVP for the CGI Group Inc.

Barbara G. Fast was a VP for the CGI Group Inc. and a VP at the Boeing Company.

CGI Group Inc. was the Obamacare contractor that developed Healthcare.gov web site.

Obamacare is Barack Obama’s signature policy initiative.

Barack Obama’s signature policy initiative was Obamacare and was an intern at Sidley Austin LLP.

Kathryn B. Thomson was a partner at Sidley Austin LLP, the chief counsel for the Federal Aviation Administration (FAA), is married to Christopher P. Lu and the general counsel for the U.S. Department of Transportation.

Federal Aviation Administration (FAA) is a division of the U.S. Department of Transportation.

Christopher P. Lu is married to Kathryn B. Thomson, was a White House cabinet secretary for the Barack Obama administration and a litigation associate at Sidley Austin LLP.

R. Eden Martin is counsel at Sidley Austin LLP and the president of the Commercial Club of Chicago.

Newton N. Minow is a senior counsel at Sidley Austin LLP and a member of the Commercial Club of Chicago.
James A. Bell is a member of the Commercial Club of Chicago and was an EVP & CFO for the Boeing Company.

Edward M. Liddy is a member of the Commercial Club of Chicago and a director at the Boeing Company.

W. James McNerney Jr. is the chairman & president & CEO for the Boeing Company and a member of the Commercial Club of Chicago.

William M. Daley is a member of the Commercial Club of Chicago, was a director at the Boeing Company and the chief of staff for the Barack Obama administration.

Lester Crown is a member of the Commercial Club of Chicago and was a lifetime trustee at the Aspen Institute (think tank).

James S. Crown is a member of the Commercial Club of Chicago and the vice chairman for the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.  

Thomas R. Pickering is a lifetime trustee at the Aspen Institute (think tank) and was an SVP, consultant for the Boeing Company.

Walter Isaacson is the president & CEO for the Aspen Institute (think tank), a director at the United Continental Holdings, Inc. and was a director at United Airlines and the chairman & CEO for CNN.

Queen Noor is a trustee at the Aspen Institute (think tank), and her mother was Najeeb Halaby.

Najeeb Halaby was Queen Noor’s mother, was the chairman & CEO for Pan American Airways, and director at the Federal Aviation Agency.

Federal Aviation Agency is the predecessor agency for the Federal Aviation Administration (FAA).

Marion C. Blakey was an administrator for the Federal Aviation Administration (FAA) and is a member of the Belizean Grove.

Henrietta Holsman Fore is a member of the Belizean Grove and a trustee at the Aspen Institute (think tank).

Belizean_Grove is the equivalent to the male-only social group, the Bohemian Club.

Henry A. Kissinger is a member of the Bohemian Club and was a lifetime trustee at the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.  

Daniel R. Glickman is a director of the Congressional Program for the Aspen Institute (think tank) and was the agriculture secretary at the U.S. Department of Agriculture for the William J. Clinton administration.

Elsa A. Murano was the undersecretary for the U.S. Department of Agriculture and the president of the Texas A&M University.

Robert M. Gates was the president of the Texas A&M University and the defense secretary for the Barack Obama administration.

Robert (Bob) Jordan graduated from Texas A&M University and is chief executive officer (CEO) of Southwest Airlines.

Norman E. Borlaug was a professor at Texas A&M University and an advisory board member for the Earth Institute.

George Soros was an advisory board member for the Earth Institute and the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

Vernon E. Jordan Jr. is an honorary trustee at the Brookings Institution (think tank), Valerie B. Jarrett’s great uncle and a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP.

Akin, Gump, Strauss, Hauer & Feld, LLP is the lobby firm for the Boeing Company.

Judith Rodin was an honorary trustee at the Brookings Institution (think tank) and is a director at the AMR Corporation.

AMR Corporation is the parent company for American Airlines.

Baker Donelson Bearman Caldwell was the lobby firm for American Airlines.

Linda H. Daschle was the senior public policy adviser for Baker Donelson Bearman Caldwell, the deputy administrator for the Federal Aviation Administration (FAA) and is married to Tom Daschle.

Tom Daschle is married to Linda H. Daschle, a director at the Center for American Progress and a senior policy adviser at DLA Piper.

Open Society Foundations was a funder for the Center for American Progress.

George Soros is the founder & chairman for the Open Society Foundations, was the chairman for the Foundation to Promote Open Society and a supporter for the Center for American Progress.

Foundation to Promote Open Society was a funder for the Center for American Progress.

Ray H. LaHood  is a senior policy adviser for DLA Piper, his counselor was Kathryn B. Thomson and the secretary at the U.S. Department of Transportation for the Barack Obama administration.

Kathryn B. Thomson was Ray H. LaHood’s counselor, a partner at Sidley Austin LLP, is the chief counsel for the Federal Aviation Administration (FAA) and married to Christopher P. Lu.

Christopher P. Lu  is married to Kathryn B. Thomson, the deputy secretary nominee for the U.S. Department of Labor, was the White House cabinet secretary for the Barack Obama administration and a litigation associate at Sidley Austin LLP.   

Barack Obama was an intern at Sidley Austin LLP and his signature policy initiative was Obamacare. 

Obamacare is Barack Obama’s signature policy initiative.

CGI Group Inc. was the Obamacare contractor that developed Healthcare.gov web site.

Barbara G. Fast was a VP for the CGI Group Inc. and a VP at the Boeing Company.

Donna S. Morea was the EVP for the CGI Group Inc. and a trustee at the Committee for Economic Development.

Roy J. Bostock was a trustee at the Committee for Economic Development, the chairman for the Northwest Airlines Corporation and is the vice chairman for Delta Air Lines, Inc.

Delta Air Lines, Inc. acquired the Northwest Airlines Corporation.

T. Allan McArtor is a trustee at the Committee for Economic Development and was an administrator for the Federal Aviation Administration (FAA).

Ronald A. Williams is a trustee at the Committee for Economic Development, and a director at the Boeing Company.

Kenneth M. Duberstein is a director at the Boeing Company and was the VP for the Committee for Economic Development.

Enrico A. Lazio was a trustee at the Committee for Economic Development and was an EVP at JPMorgan Chase & Co. 

Foundation to Promote Open Society was a funder for the Committee for Economic Development and the

George Soros was the chairman for the Foundation to Promote Open Society.

Cameron F. Kerry is a fellow at the Brookings Institution (think tank), John F. Kerry’s brother and a senior counsel at Sidley Austin LLP.  

Kathryn B. Thomson was a partner at Sidley Austin LLP and is the chief counsel for the Federal Aviation Administration (FAA).

Michelle Obama was a lawyer at Sidley Austin LLP and Mayor Richard M. Daley’s staffer.

Richard M. Daley’s staffer was Michelle Obama, the Chicago (IL) mayor and a director at the World Business Chicago.

Oscar Munoz is a director at World Business Chicago and the president & CEO for the United Continental Holdings, Inc.

Glenn F. Tilton is a director at World Business Chicago and was the chairman for the United Continental Holdings, Inc.

United Airlines is a subsidiary of United Continental Holdings, Inc.

Walter Isaacson is a director at the United Continental Holdings, Inc., the president & CEO for the Aspen Institute (think tank), was a director at United Airlines and the chairman & CEO for CNN.

Thomas R. Pickering is a lifetime trustee at the Aspen Institute (think tank) and was an SVP, consultant for the Boeing Company.

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank) and the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

Judith Rodin was an honorary trustee at the Brookings Institution (think tank) and is a director at the AMR Corporation.

AMR Corporation is the parent company for American Airlines.

Matthew K. Rose is a director at the AMR Corporation and a director at the U.S. Chamber of Commerce.

John W. Bachmann is a director at the AMR Corporation and a director at the U.S. Chamber of Commerce.

Klaus Kleinfeld was a director at the U.S. Chamber of Commerce and is a trustee at the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank) and the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

Ann McLaughlin Korologos was the chair emeritus for the Aspen Institute (think tank) and is a director at the AMR Corporation.

AMR Corporation is proposing merger with the US Airways Group Inc and is the parent company for American Airlines.

US Airways Group Inc. is a subsidiary of US Airways, Inc.

Akin, Gump, Strauss, Hauer & Feld, LLP is the lobby firm for US Airways, Inc., the U.S. Chamber of Commerce and the Boeing Company.

Vernon E. Jordan Jr. is a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP, Valerie B. Jarrett’s great uncle and an honorary trustee at the Brookings Institution (think tank).

Judith Rodin was an honorary trustee at the Brookings Institution (think tank) and is a director at the AMR Corporation.

AMR Corporation is the parent company for American Airlines.

Valerie B. Jarrett is Vernon E. Jordan Jr’s great niece, a member of the Commercial Club of Chicago, was the senior adviser for the Barack Obama administration and Mayor Richard M. Daley’s deputy chief of staff.

Richard M. Daley’s deputy chief of staff was Valerie B. Jarrett, the Chicago (IL) mayor and a director at the World Business Chicago.

Oscar Munoz is a director at World Business Chicago and the president & CEO for the United Continental Holdings, Inc.

Glenn F. Tilton is a director at World Business Chicago and was the chairman for the United Continental Holdings, Inc.

United Airlines is a subsidiary of United Continental Holdings, Inc.

Walter Isaacson is a director at the United Continental Holdings, Inc., the president & CEO for the Aspen Institute (think tank), was a director at United Airlines and the chairman & CEO for CNN.

Thomas R. Pickering is a lifetime trustee at the Aspen Institute (think tank) and was an SVP, consultant for the Boeing Company.

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank) and Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society and is a board member for the International Crisis Group.

Ernesto Zedillo was a board member for the International Crisis Group and is an international advisory board member for JPMorgan Chase & Co.

Crandall C. Bowles is a trustee at the Brookings Institution (think tank) and a director at JPMorgan Chase & Co.  

Ellen V. Futter is a director at JPMorgan Chase & Co. and a trustee at the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank), International Rescue Committee and the Committee for Economic Development.

George Soros was the chairman for the Foundation to Promote Open Society.

William T. Winters is a director at the International Rescue Committee and was the co-CEO JP Morgan Investment Bank for JPMorgan Chase & Co.

Gordon A. Smith is a director at the International Rescue Committee and the CEO, Chase card services for JPMorgan Chase & Co.

Enrico A. Lazio was an EVP at JPMorgan Chase & Co. and a trustee at the Committee for Economic Development

Donna S. Morea was a trustee at the Committee for Economic Development and the EVP for the CGI Group Inc.

Barbara G. Fast was a VP for the CGI Group Inc. and a VP at the Boeing Company.

CGI Group Inc. was the Obamacare contractor that developed Healthcare.gov web site.

Obamacare is Barack Obama’s signature policy initiative.

Resources: Past Research

What’s Ahead for the Airline Industry in 2025? (Connecting the Dots: The Boeing Company, United Airlines, American Airlines, The FAA & Soros Funding, All Networking) (Past Research on the Boeing Company & United Airlines)

Saturday, December 28, 2024

https://thesteadydrip.blogspot.com/2024/12/whats-ahead-for-airline-industry-in.html

Federal Aviation Administration (FAA) & Southwest Airlines (Connecting the Dots: FAA, U.S. Transportation Department, Southwest Airlines, Earth Institute, Texas A&M University & Soros Funding, All Networking) (Past Research on Southwest Airlines)

Friday, December 30, 2022

https://thesteadydrip.blogspot.com/2022/12/federal-aviation-administration-faa.html

Delta Flight Diverted To DFW Airport (Past Research on Delta Airlines)

Tuesday, January 27, 2015

https://thesteadydrip.blogspot.com/2015/01/delta-flight-diverted-to-dfw-airport.html

Smaller Bites – Jeffrey Epstein's Sex Trafficking Ring (Connecting the Dots: Jeffrey Epstein, J.P. Morgan, Deutsche Bank & Soros Funding, All Networking) (Past Research on J.P. Morgan)

Thursday, January 5, 2023

https://thesteadydrip.blogspot.com/2023/01/smaller-bites-jeffrey-epsteins-sex.html

Donald Trump Blasts Boeing for $4 Billion Air Force One: ‘Cancel Order!’ (Past Research on the Boeing Company)

Thursday, December 8, 2016

https://thesteadydrip.blogspot.com/2016/12/donald-trump-blasts-boeing-for-4.html

FAA: 'No experience necessary' for air-traffic control (Past Research on the FAA)

Monday, February 17, 2014

https://thesteadydrip.blogspot.com/2014/02/faa-no-experience-necessary-for-air.html

John Bolton to Newsmax: Trump an Aberration; I'll Be Proven Right (Connecting the Dots: John Bolton, Kirkland & Ellis LLP, Human Rights First, Sidley Austin LLP, Diamond Offshore Drilling Inc, Export-Import Bank of the US & Soros Funding, All Networking) (Past Research on Sidley Austin LLP)

Friday, January 17, 2025

https://thesteadydrip.blogspot.com/2025/01/john-bolton-to-newsmax-trump-aberration.html

Robert Redford for WaPo: ’45 Years After Watergate, The Truth is Again in Danger’ (Past Research on Belizean Grove & the Bohemian Club)

Sunday, April 2, 2017

https://thesteadydrip.blogspot.com/2017/04/robert-redford-for-wapo-45-years-after.html

The Valerie Jarrett Power Matrix - Background research (Past Research on Valerie Jarrett)

Friday, December 27, 2013

https://thesteadydrip.blogspot.com/2013/12/the-valerie-jarrett-power-matrix.html

Smaller Bites – American Airlines (Connecting the Dots: American Airlines, AMR Corporation, The U.S. Chamber of Commerce, US Airways, Inc. & The Soros Funded Think Tanks, All Networking) (Past Research on American Airlines)

Sunday, November 6, 2022

https://thesteadydrip.blogspot.com/2022/11/smaller-bites-american-airlines.html

Meta Halts Promotion of 'Careless People' Tell-All Book (Connecting the Dots: Mark Zuckerberg, Sheryl Sandberg, Bill Gates, New York Times, The Breakthrough Energy Coalition & Soros Funding, All Networking)

Meta Halts Promotion of 'Careless People' Tell-All Book (Connecting the Dots: Mark Zuckerberg, Sheryl Sandberg, Bill Gates, New York Times, The Breakthrough Energy Coalition & Soros Funding, All Networking)

Newsmax.com

Thursday, 13 March 2025 07:29 AM EDT

Facebook CEO Mark Zuckerberg attends the inauguration of Donald Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, D.C. (Julia Demaree Nikhinson/Getty Images)

https://www.newsmax.com/finance/streettalk/meta-book-expose/2025/03/13/id/1202604/

Meta Platforms won an emergency arbitration ruling to temporarily stop promotion of the tell-all book "Careless People" by a former employee, according to a copy of the ruling published by the social media company.

The book by Meta's former director of global public policy, Sarah Wynn-Williams, was called by The New York Times book review "an ugly, detailed portrait of one of the most powerful companies in the world," and its leading executives, including CEO Mark Zuckerberg, former Chief Operating Officer Sheryl Sandberg and Chief Global Affairs Officer Joel Kaplan.

Meta will suffer "immediate and irreparable loss" in the absence of an emergency relief, the American Arbitration Association's emergency arbitrator, Nicholas Gowen, said in a ruling after a hearing on Wednesday, which Wynn-Williams did not attend.

Book publisher Macmillan attended and argued it was not bound by the arbitration agreement, which was part of a severance agreement between the employee and company.

The ruling says that Wynn-Williams should stop promoting the book and, to the extent she could, stop further publication. It did not order any action by the publisher.

Meta spokesman Andy Stone said in a post on Threads: "This ruling affirms that Sarah Wynn Williams' false and defamatory book should never have been published.."

Wynn-Williams and Macmillan did not immediately respond to a Reuters request for comment on the ruling.

Connecting the Dots:

Mark Zuckerberg is co-founder & chairman & CEO for Facebook and a member of the Breakthrough Energy Coalition.

George Soros is a member of the Breakthrough Energy Coalition and was the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and is the COO & director for Facebook.

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

William H. Gates III is a co-chair for the Bill & Melinda Gates Foundation and the founder for the Breakthrough Energy Coalition.

Mark Zuckerberg is a member of the Breakthrough Energy Coalition and co-founder & chairman & CEO for Facebook.

Sean Parker was the president of Facebook and a contributor for the Americans for Responsible Solutions.

Americans for Responsible Solutions is a “Gun Safety, Gun Control” PAC for guns.

Michael R. Bloomberg was a contributor for the Americans for Responsible Solutions, a benefactor at the Harlem Children's Zone and is a member of the Breakthrough Energy Coalition.

George Soros is a member of the Breakthrough Energy Coalition, was a benefactor at the Harlem Children's Zone, a member of the Democracy Alliance and the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Harlem Children's Zone and the Urban Institute (think tank).

Chris Hughes was a member of the Democracy Alliance and is a co-founder of Facebook.

Erskine B. Bowles is a director at Facebook and a trustee at the Urban Institute (think tank).

Foundation to Promote Open Society was a funder for the Urban Institute (think tank) and Economic Policy Institute.

George Soros the chairman for the Foundation to Promote Open Society, is a member of the Breakthrough Energy Coalition and the founder & chairman for the Open Society Foundations.

Open Society Foundations was a funder for the Economic Policy Institute.

National Commission on Fiscal Responsibility and Reform is a paid for staff by the Economic Policy Institute.

Erskine B. Bowles is a co-chair for the National Commission on Fiscal Responsibility and Reform and a director at Facebook.

Mark Zuckerberg is co-founder & chairman & CEO for Facebook and  

a member of the Breakthrough Energy Coalition.  

William H. Gates III is the founder for the Breakthrough Energy Coalition and a co-chair for the Bill & Melinda Gates Foundation.

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and is the COO & director for Facebook.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros the chairman for the Foundation to Promote Open Society, is a member of the Breakthrough Energy Coalition.

Richard C. Blum was an honorary trustee at the Brookings Institution (think tank), married to California Senator Dianne Feinstein and a regent at the University of California.

University of California was the sole institutional investor at launch for Breakthrough Energy.

University of California, Berkeley is a University of California campus.

David H. Romer is a professor at the University of California, Berkeley and was a senior fellow at the Brookings Institution (think tank).

Richard C. Blum was an honorary trustee at the Brookings Institution (think tank), a regent at the University of California, married to California Senator Dianne Feinstein, and a board member for the Haas School of Business.
Haas School of Business is a business school at the University of California, Berkeley.

Laura D'Andrea Tyson is a professor at the Haas School of Business and was a trustee at the Brookings Institution (think tank).

Robert D. Haas was a board member for the Haas School of Business and an honorary trustee at the Brookings Institution (think tank).

F. Warren Hellman was a board member for the Haas School of Business and an honorary trustee at the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society and is a member of the Breakthrough Energy Coalition.

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and is the COO & director for Facebook.

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

William H. Gates III is a co-chair for the Bill & Melinda Gates Foundation and the founder for the Breakthrough Energy Coalition.

University of California was the sole institutional investor at launch for Breakthrough Energy.

Mark Zuckerberg is a member of the Breakthrough Energy Coalition and co-founder & chairman & CEO for Facebook.

George Soros is a member of the Breakthrough Energy Coalition, Jonathan Soros’s father and was the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the New America Foundation.

Jonathan Soros is George Soros’s son and a director at the New America Foundation. 

David B. Brooks is a director at the New America Foundation and a columnist for the New York Times.

Steven L. Rattner is a director at the New America Foundation, was an economic correspondent for the New York Times and a trustee at the Brookings Institution (think tank). 

Foundation to Promote Open Society was a funder for the New America Foundation and the Brookings Institution (think tank). 

George Soros was the chairman for the Foundation to Promote Open Society and is a member of the Breakthrough Energy Coalition.

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and is the COO & director for Facebook.

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

William H. Gates III is a co-chair for the Bill & Melinda Gates Foundation and the founder for the Breakthrough Energy Coalition.

University of California was the sole institutional investor at launch for Breakthrough Energy.

Resources: Past Research

Bill Gates-Funded Climate Group Slashes Staff (Connecting the Dots: Bill Gates, The Breakthrough Energy Coalition, The Climate Reality Project, The New York Times, Kleiner Perkins Caufield & Byers, The World Economic Forum & Soros Funding, All Networking) (Past Research on Mark Zuckerberg & the Breakthrough Energy Coalition)

Wednesday, March 12, 2025

https://thesteadydrip.blogspot.com/2025/03/bill-gates-funded-climate-group-slashes.html

Report: Jeb Bush Dines with Facebook COO Sheryl Sandberg (Past Research on Sheryl Sandberg)

Saturday, August 23, 2014

https://thesteadydrip.blogspot.com/2014/08/report-jeb-bush-dines-with-facebook-coo.html

$725 Million Facebook User Data Privacy Class Action Settlement (Connecting the Dots: Facebook & Soros Funding, All Networking) (Past Research on Facebook)

Thursday, April 20, 2023

https://thesteadydrip.blogspot.com/2023/04/725-million-facebook-user-data-privacy.html

How The New York Times Distorts Shen Yun’s Success in Latest Attack Article (Connecting the Dots: The New York Times, Barack Obama, Kamala Harris, Hunter Biden The Aspen Strategy Group & Soros Funding, All Networking) (Past Research on the New York Times)

Saturday, January 4, 2025

https://thesteadydrip.blogspot.com/search?q=New+York+Times+