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#oligarchy

42 posts28 participants1 post today
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janhoglund

“För enskilda företag finns så mycket att vinna på att slippa tullchocken att många kommer att välja att kyssa ringen. … Att han på köpet får ett hov av bugande oligarker är bara en härlig bonus.”
—Isobel Hadley-Kamptz, Trumps tullar är ekonomisk idioti men ger honom mer makt (DN 20250403)
#trump #tariffs #oligarchy

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kirch

The three virtues of a great programmer are: Laziness, Impatience, and Hubris ... they're not good organizing principles for a government, but it's what we've got right now.

This administration can only be as "smart" as Generative AI because it's what they use to do all their thinking for them.

#uspol#techbro#oligarchy
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Nonilex

#Recession Risk on the Rise as #TrumpTariffs Reverberate Globally

#Stocks in every sector & every #market tumble drastically, former #US #allies & adversaries alike plan #retaliatory measures.

Meanwhile #Trump plans to golf at his #luxury Florida resort w/ #SaudiArabia LIV tourney this weekend.

#economy #tariffs #inflation #trumpcession #plutocracy #oligarchy #kleptocracy
reuters.com/world/us/donald-tr

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DrALJONES

Analysis: "Musk Tried to Buy Wisconsin’s Supreme Court. He Lost."

"Wisconsin Democrats launched the People v. Musk campaign in early March, with Wikler calling the race 'the first referendum on Musk-ism'.

"Crawford’s victory provides a blueprint for how Democrats and progressives can run against Musk’s plan for oligarchy all across the country—and win.

motherjones.com/politics/2025/

#uspol #autocracy #oligarchy #musk #wisconsin #resistfascism #organise .

Mother JonesElon Musk tried to buy Wisconsin's Supreme Court. He lost.Susan Crawford's victory means liberals will preserve their majority on the court.
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William Lindsey :toad:

"Why are they so enthusiastic? Not only can they make fortunes, but crypto advances their long-term aim of shifting financial controls out of a democratically elected government and into their own hands. ...

Trump and his family stand to gain substantially. The rest of the economy — including, increasingly, large Wall Street banks — will be subject to large and unregulated risks. Beware."

#Trump #Musk #crypto #bitcoin #corruption #scam #oligarchy
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William Lindsey :toad:

"As economist Paul Krugman has said, their market value rests on nothing but 'technobabble and libertarian derp.'

They also use huge amounts of energy — especially for Bitcoin mining.

Eric and Donald Jr.’s mining project is the third major crypto venture that the Trump family has started over the past year. ...

The richest people in America with huge power — the oligarchy, including Elon Musk and Trump — are enthusiastic about cryptocurrencies."

#Trump #Musk #crypto #bitcoin #oligarchy
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William Lindsey :toad:

"Yesterday, Eric Trump and Donald Trump Jr. announced they were joining forces with a Bitcoin mining company to create a firm called American Bitcoin. Eric will be co-founder and chief strategy officer. ...

Let me remind you, in addition, that cryptocurrencies serve no useful purpose other than the purchase of other crypto assets, money laundering, extortion, and scams."

~ Robert Reich

#Trump #Musk #crypto #bitcoin #corruption #scam #oligarchy
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robertreich.substack.com/p/tru

Robert Reich · Trump’s Crypto Inc.By Robert Reich
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DrALJONES

Analysis: "Wisconsin Supreme Court election results: What happened & why it matters"

Liberal judge Susan Crawford won a seat after a proxy battle between Trump’s administration & the opposition.

Crawford's win maintains "the court’s four-three liberal majority [with] a 10-point lead over Schimel".

"It was the most expensive judicial race in US history. And Elon Musk, the world’s richest man, lost."

aljazeera.com/news/2025/4/2/wi

#musk #trump #oligarchy #peoplepower #uspol #wisconsin .

Al Jazeera · Wisconsin Supreme Court election results: What happened and why it mattersBy Sarah Shamim
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JuneSim63

"Alex Karp is part of a new breed of Silicon Valley billionaires seeking to integrate their businesses with America's military-industrial complex, while dismantling the government and championing deregulation of the economy. Though he's not yet as famous as his peers like Musk and Thiel, he's just as dangerous"

#Palantir #Oligarchy #USPolitics

zeteo.com/p/meet-the-tech-bill

Zeteo · Meet the Tech Billionaire Just as Dangerous as Elon MuskBy Taylor Lorenz
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Nonilex

…One of #Trump's first acts…was to create #DOGE, [supposedly] to root out waste, fraud & abuse, slash govt spending & purge the federal workforce of low-performing, *disloyal* & unnecessary workers.

…In practice,…DOGE has mostly pursued long-time #Republican #policy objectives, shuttering agencies such as #USAID & the #CFPB, which provide a lifeline to the world's needy & protect Americans from unscrupulous lenders respectively.

#law#corruption#kleptocracy
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