Slate Daily Feed Slate Money - Netflix Wants To Have It All
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Dec 6, 2025 Nicholas Kulish, a seasoned reporter at The New York Times, joins the discussion. The group delves into Netflix's monumental acquisition of Warner Bros. Discovery, exploring its implications for media consolidation. Kulish sheds light on the Dells’ staggering $6.25 billion donation for children’s savings accounts, unpacking its political motives and potential effects. They also tackle troubling consumer fraud issues at Dollar General and Family Dollar, revealing the disproportionate impact on low-income shoppers. A captivating blend of media analysis and philanthropy!
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Dells Seed $6.25B Into Kids' Accounts
- Nicholas Kulish recounts Michael and Susan Dell's $6.25 billion donation seeded to children via new accounts.
- He describes it as one of the largest direct donations to individuals he's seen.
Naming Shift Turned Policy Political
- The Dells pitched these accounts as Invest America accounts and sought bipartisan support before the Trump-era branding.
- Labeling them 'Trump accounts' politicized what the donors framed as a nonpartisan idea.
Seeding Aims To Crowd In Private Contributions
- The Dells expect most future contributions to these accounts to come from family, employers, and friends rather than other billionaires.
- Seeding money aims to prompt account openings, employer matching, and long-term private contributions.