LAL — US Debt Ceiling, Bud Light and ESG, Twitter as Presidential Platform (May 24, 2023)
Good morning and welcome to Law and Legitimacy! To the returning viewers, subscribers, and habitual LAL Sharers, we are extraordinarily grateful and humbled that you choose to spend your time with us. To the new viewers, subscribers-in-training, and future LAL evangelists, we are honored to have you.
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Last night, the Boston Celtics avoided the embarrassment of a sweep by the Miami Heat by pulling out a win in Miami. The Eastern Conference Finals matchup now stands at 3-1. Can Boston do the unprecedented in NBA Playoffs history by overcoming a 3-0 deficit and triumph in the series? There is only one way to find out.
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Today, Norm and Mike take on a couple of key topics in America's ongoing struggle to re-legitimate its governing institutions, corporate culture, and the social fabric that binds the otherwise pluralistic nature of its society:
› The United States and the Debt Ceiling — this was a recurring theme of Donald Trump's presidency and the public perhaps learned more about the discretionary spending category in those four years than at any other time in American history. What is going on now?
› Daily Wire Reports: Former AB InBev President, Anson Frericks, says that the Bud Light brand is in for "a long, hot, dry summer." As the Co-Founder and President of Strive Asset Management—the anti-ESG asset management firm co-founded by Vivek Ramaswamy—Anson articulates the quasi-permanent nature of Bud Light's problem within the context of environmental, social, and governance scoring, and within the context of an American consumer that senses its own power to participate in a boycott that will actually work.
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