this post was submitted on 03 Dec 2024
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politics

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Summary

Billionaires like Marc Andreessen, Elon Musk, and Vivek Ramaswamy are spreading false claims to discredit the Consumer Financial Protection Bureau (CFPB), a federal agency protecting consumers from fraud and abuse.

Andreessen falsely accused the CFPB of politically motivated “debanking,” despite no evidence.

This rhetoric aligns with the “DOGE” project, led by Musk and Ramaswamy, which aims to slash government regulations and programs under the guise of efficiency.

Critics warn this effort will harm public services, benefit billionaires, and push privatization at the expense of ordinary Americans.

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[–] ShittyBeatlesFCPres 81 points 1 day ago (4 children)

Oh no, what will we do if billionaires control the U.S. government.

https://en.m.wikipedia.org/wiki/Panic_of_1893 https://en.m.wikipedia.org/wiki/Panic_of_1907

And those are just J.P. Morgan.

[–] timmy_dean_sausage 26 points 1 day ago (3 children)

Is your point that this is fear mongering, or that the struggle between classes has been an ongoing fight for most of recorded history?

[–] ShittyBeatlesFCPres 31 points 1 day ago (2 children)

The latter. I mean, America was founded by a tobacco company and people so weird in their religiosity, they were kicked out of 17th century Europe.

I do think we can solve the oligarch problem. So, part of me was like, “We’ve met this challenge before, motherfuckers.” It wasn’t meant to dismissive but I’m pretty sure I could open hand slap Elon Musk and 24 of his 38 kids would feel it.

[–] CouldaBeen_TheBest 14 points 1 day ago (1 children)

Wish I had your optimism. Hand it over.

On a more serious note, I truly believe that enriching & modernizing our education system is the way to go for dethroning our billionaire overlords. We can't just expect slap dash imploding submarines to do all the work.

[–] josephmbasile 1 points 10 hours ago

I would go down there but I think that would be destabilizing. Just hang out its all good