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Items tagged with: billionaires


I completely agree that the #billionaires should suffer, not the common folk.

However, that same common folk continues to buy from #Amazon & the like en masse.

That same common folk voted for #Trump, many of whom indicate that they'd *still* vote for Trump even now.

That common folk stayed absent during the elections because they didn't agree with either candidate.

Not trying to defend billionaires, but come on....

Democracy doesn't protect itself, the people protect their #democracy.


"The richest man in the world, whose empire is built on billions of taxpayer subsidies, spent at least $260 million to get Trump elected, and is now using Trump to advertise his car company from the White House in exchange for potentially even more money to benefit Trump’s political ambitions.

There are no words for how sick and perverse this all is."

~ Emily Singer

#Musk #Trump #Tesla #FederalGovernment #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/3

dailykos.com/stories/2025/3/12…


"President Trump opened a used-car lot outside the White House today, explaining that his business venture would not interfere with running the federal government, since there is hardly any left."

As Lewis Grossberger says, no one is surprised. /s

#Musk #Trump #Tesla #FederalGovernment #destruction #firings #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/1

grossbergerbulletin.substack.c…


#Billionaires at #Trump’s Swearing-In Have Since Lost $209 #Billion


Source: bloomberg.com/news/articles/20…

Seven weeks later, it’s a different story. The start of Trump’s second term has delivered a stunning reversal for many of those billionaires sitting behind Trump in the #Capitol Rotunda, with five having lost a combined $209 billion in #wealth...


#news #usa #politics #WhiteHouse #government #president #Musk #Zuckerberg #bezos #economy #money #finance #oligarch #oligarchy #capitalism


"It was a bloodbath for Tesla shareholders today as the stock fell off a cliff, which followed a long string of losses in the last several weeks."

~ Ron Filipkowski

meidasplus.com/p/today-in-poli…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs #Tesla
/13


"Less than two months after his inauguration, Trump has been Reverse Jesus, speaking new economic storms into existence."

~ Andrew Egger

thebulwark.com/p/maybe-sleepy-…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/9


"We're going to become so rich, you're not going to know where to spend all that money."

~ Trump when asked about recession possibility, from Heather Cox Richardson

heathercoxrichardson.substack.…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/7


👉 Billionaires were getting $10 billion richer every day in January. Just one
👉 month later, Elon Musk, Jeff Bezos, Larry Ellison, and Mark Zuckerberg have lost a combined total of $138 billion.
This January felt like the honeymoon period for billionaires, who saw their wealth surge by $10 billion every day. One month later, the daydream is over, and their net worth is tanking.
Throughout the month of January, it’s estimated that the world’s richest people saw their fortune swell by $314 billion—a figure that’s about the collective salary of 15 million workers. But for many billionaire businessmen, from Elon Musk and Mark Zuckerberg to Jeff Bezos and Larry Ellison, that high didn’t last.

DeepSeek’s explosive rise, wiping almost $100 billion in wealth

#News #Tech ##USA #Billionaires

finance.yahoo.com/news/billion…


"Despite their constant reassurances to the contrary, Republicans have officially begun the process of cutting Medicaid and SNAP benefits to offset the cost of tax cuts for millionaires and billionaires. And right on cue, Republicans are playing dumb."

~ Brian Tyler Cohen

#Musk #Trump #Republicans #Medicaid #billionaires #EconomicElites #TaxCuts
/1

plus.briantylercohen.com/p/rep…