Monday, April 27, 2020

Smithsonian Chair Rubenstein is Earthly Optimist


The Smithsonian Institute hosted its Earth Optimism Digital Summit in honor of the 50th anniversary of Earth Day.  On Thursday April 23rd Smithsonian Board Chair David Rubenstein moderated two sessions from 12:45 pm to 1:55 pm.


I assume the sessions were taped otherwise Mr. Rubenstein has the ability to be in two places at the same time.  Does having several billion dollars allow someone to do that?

A third session occurred during that time period, one right up the Carlyle Group co-founder's alley.


The Carlyle Group is front and center in today's massive financial reset.  David Rubenstein knows what happened in China through Carlyle's many affiliates.  He is great friends with Fed Chief Jay Powell and Vice Chair Randall Quarles.  Both men worked at Carlyle earlier in their careers.

Sure the Blood and Gore group has much to offer about today's government corporate monstrosity, but David Rubenstein wrote the PEU rules at Carlyle's Pennsylvania Avenue office.  His earthly gains show it.  Is the PEU founder finally ready for carried interest taxation?  Fellow billionaire Leon Cooperman says he is.

Update 4-29-20:   Film maker Michael Moore's Plant of the Humans takes aim at "Al Gore for bolstering corporations that push flawed technologies over real solutions to the climate crisis."  Politicians Red and Blue love PEU.