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Published Oct 1, 2024

Raging Moderates — VP Showdown, Harris’s Border Visit, Mayor Adams Indicted, and Hogan on the GOP's Future

Scott Galloway explores the future of U.S. politics, discussing the implications of the VP debate, Kamala Harris's border visit, Mayor Eric Adams's indictment, and Larry Hogan's insights on the critical need for bipartisanship and the decline of moderate voices.
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  • Adams Indictment

    and discuss the federal indictment of NYC Mayor Eric Adams on corruption charges. Adams is accused of taking bribes from Turkish officials to push through permits for their consulate, despite the building failing inspection. Jessica notes the extensive investigation, including the seizure of phones from six of Adams' aides, and speculates on the potential political fallout for New York City.

    They definitely wanted him, right? Like, they think that he is somebody who has been doing this for a very, very long time.

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    Scott highlights the severity of the charges, emphasizing the Southern District's aggressive approach to corruption cases 1 2.

       

    Political Corruption

    The conversation broadens to discuss systemic political corruption and public tolerance for it. Jessica suggests that the public may overlook corruption if officials are competent, but not if they are ineffective. Scott proposes increasing compensation for elected officials to reduce the temptation for corruption, citing Singapore's model as a potential solution.

    I think we should pay our elected officials a million to $2 million a year and have much tighter standards.

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    They also speculate on the potential return of Andrew Cuomo to politics, considering the crowded field of progressive candidates 3 4.

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