Twitter/X is not a news organization. DUH!!!!!!!!!!111111
Oligarchy
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I noticed today on FOX’s “The 5” the panelists couldn’t get enough chuckles regarding Biden’s “farewell” last night.
It’s about what I have come to expect from these folks. They are about as deep in thought as the Rio Grande.
I think Joe dud have a couple of valid points last night… and he and Bernie are right on task regarding the danger of an entitled few ramrodding policy through Congress and reforming the Constutution. Citizens America is a horrible piece of legislation that has veen made law. It forever tilts the field in favor of the wealthy. Over the next decade or so, Citizen’s United will rip apart America much the way that Roe dud. Eventually there will be a Court that will repeal Citizen’s as it is now interpreted but not in my lifetime.
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Hardly. In fact Keynes is stating the opposite.
It’s a damning warning about the danger of unregulated capitalism. Capitalism can work for all, if mitigated via social and tax policy.
Consider me skeptical about your knowledge of the “guilded” age……..
So you were refuting the op then, right? Bullshit. You were making a comparison. Or perhaps you need to improve your communication skills, dumbfvck.
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This is pure gold.
When the dems had the three branches of gov’t they also controlled silicon valley and the tech $$.
They have lost it all.
Agreed…I too cringe when I see how much $ is spent on elections when that money could be used for other purposes like education, etc.
And to be fair…really high illegal immigration, urban crime, and interest rates. 🥴
No, they’ve been losing on BOTH messaging and policies.
Warnock: Do you agree that ending the tax cuts for those making more than $400k would help close the deficit?
Bessent: I do not. You would capture an inordinate amount of small business people…
Warnock: What about $1 million?
Bessent: I believe these are small business pass-through owners..
Warnock: What about those making more than $10 million?
Bessent: I think it’s important that we put in incentive for them to invest..
Warnock: What about $1 billion?
Bessent: These are the job creators…
Warnock: So there’s no income level for which you would support raising taxes?
He was pretty clear. It’s not a revenue problem.
How do they need to message? How do they reach the brainwashed? Fox News isn’t letting up.
From the party that just gave soros and bloomburg awards.
Amazing.
When billionaires get richer we all get rich!!! Right??!!! I've been told it trickles down. Am I wrong??!!!
Sanders has been preaching this message for decades.
If you don’t believe in oligarchs in the US look at what happened to Rep. Turner who up until a few days ago led the House Intelligence Committee. The Tech Bros had him whacked. They whispered into Trump’s ears, he told Speaker Johnson to dump Turner, and there you have it. Much friendlier legislation and no oversight for the Tech Bros.
Dem policies are popular, Dem politicians are not.
Progressives are frustrated by Biden's final-days warning of billionaire influence
NEW YORK (AP) — The Democratic Party's left wing has warned for decades that America is moving toward an oligarchy in which a handful of billionaires controls much of the nation's wealth and political power.
President Joe Biden elevated such concerns from the Oval Office for the first time this week, just before he leaves office. In the hours that followed Biden's farewell address, progressives responded with a combination of appreciation, bemusement and frustration.
“Now he tells us,” Sen. Sheldon Whitehouse, D-R.I., wrote on X, referring also to Biden's ideas for the U.S. Supreme Court. “Biden speaks out against dark money, for climate action, and for SCOTUS term limits. I pressed four years for this speech.”
For much of the last four years, progressives were among Biden's biggest cheerleaders. And many remain supportive. But for others, the Democratic president's words were too little and far too late as the leader of a political party that has increasingly welcomed big-dollar donors even as it railed against President-elect Donald Trump's cozy relationships with others, tech titan Elon Musk chief among them.
The debate over the influence of billionaires in U.S. politics could have major implications for the policies that come out of Washington and the political landscape in future elections.
While Trump has cast himself as a fighter for the working class, the incoming Republican president is set to assemble the wealthiest presidential administration in history. He has tapped more than a dozen billionaires to take government posts, including Musk, the world's richest man, with a net worth exceeding $400 billion.
Meta CEO Mark Zuckerberg is co-hosting a reception with billionaire Republican donors next week for Trump’s inauguration, the latest sign of the Facebook founder’s embrace of the president-elect.
Democrats hope to undermine Trump's appeal with working-class voters by casting him as beholden to the billionaire class and trying to tie him to Musk, who once backed Biden and his Democratic predecessor, President Barack Obama.
According to the White House archives, Biden had not uttered the word “oligarchy” in the context of American politics until this week. And yet he made the influence of billionaires in U.S. politics a major focus of his final scheduled Oval Office address.
“Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead,” Biden said with Vice President Kamala Harris and his family looking on. He pointed to “a dangerous concentration of power in the hands of a few ultra-wealthy people and the dangerous consequences if their abuse of power is left unchecked.”
Few Democratic members of Congress criticized the outgoing president publicly, as Whitehouse did, but key figures in the party's far-left wing — especially those close to independent Vermont Sen. Bernie Sanders — were less cautious.
“It’s cowardly that after representing the oligarchs for 50 years in office, he calls out this threat to our nation with just days left in his presidency,” said Nina Turner, a national co-chair for Sanders' last presidential campaign. “(Biden) enabled, benefited from and emboldened the system that threatens us all, while he will ride off into the sunset and won’t feel the harms of what’s been built.”
More here:
MSN
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And they can’t just waive the towel, they can’t just keep saying things are better than people think….
Trump and republicans sold the narrative that the economy is tanking, the border is overrun, trans athletes are taking over sports, etc.
Yet we often saw in polling that when they learned more about her policy positions, they liked Harris more. It’s the same thing as voters hating Obamacare, but liking the ACA.
You know, we got enough people choose from you could just bar the progeny of elected officials from holding office and I think we’d be fine.
Getting elected to office might be the one ‘crime of the father’ that children should bear.
The problem was that Kamala flip-flopped on so many of her policy positions that it was hard to tell what her true position was?
She's no better or worse on that than anyone else in politics.
I still have never quite understood why in any other walk of life, it's not considered bad to change your mind on something, but in politics its viewed as the kiss of death - that goes for anyone in either party btw.
Simpler than that.
The government printed a bunch of money, which drives up asset prices.
Everyone pays higher consumption costs, but guess who has the assets that appreciated?
It is insane.
As insane as someone thinking that limiting CNN to spending 1 million dollars wouldn't thereby limit their ability to engage in free speech.
Money is just how you get the message out. Doesn't mean everyone (or anyone) will like the message.
That's protected by the first amendment.
Why would we not want to be able to lobby our government?
Weird how Biden's DOJ would do that to someone, isn't it?
What are the repercussions for the perpetrators? We know it will be zero, right?
If you're wondering why they're issuing 'pre-emptive pardons' (how is that even a thing?), it's because they know how the system they've used works.
Isn’t that a function of capitalism? Assets that are in demand increase in value….
