#Plutoligarchy: "The public conversation about
#Musk’s vast
#wealth often obscures the fact that he is actually a very fancy
#welfare recipient, having taken billions of dollars from the public coffers by even the most conservative measures."
https://www.counterpunch.org/2026/06/17/the-trillion-dollar-alarm-bell/ 
The Trillion-Dollar Alarm Bell
Last week’s SpaceX IPO made Elon Musk the world’s first trillionaire, despite the fact that the company has lost tens of billions of dollars since it was founded almost 25 years ago. Shares of the company climbed steadily after markets closed on Friday, pushing its market cap to $2.2 trillion. The public conversation about Musk’s vast wealth often obscures the fact that he is actually a very fancy welfare recipient, having taken billions of dollars from the public coffers by even the most conservative measures. In reaction to the news, Oxfam America’s Nabil Ahmed said, “Elon Musk’s rise to trillionaire status marks a new pinnacle of oligarchy and a dark day for democracy. But this moment of dramatically concentrated wealth was not inevitable. Musk will be a government-backed trillionaire whose fortune was fueled by an era of regressive public policy choices — decisions rigged by a tiny few to fuel their fortunes, and overwhelmingly supported by political leaders.”
#PlutOligarchy/#Sabotage: "The group estimated that just 110 days of war resulted in the transfer of an additional $374 billion from consumers&businesses into the coffers of
#oilandgas companies beyond what wld have been expected had the war never been launched"
https://www.commondreams.org/news/fossil-fuel-profits-iran?utm_source=Common+Dreams&utm_campaign=f3ec45c37e-Top+News+%7C+Thu.+6%2F18%2F26+w%2F+fundraiser&utm_medium=email&utm_term=0_4eec7e0923-d49d6e120c-600223291 
Thanks to Trump's Iran War Disaster, Fossil Fuel Industry to Enjoy $700 Billion Windfall in 2026 | Common Dreams
"We witness not only a massive fossil fuel crisis but a vast upward transfer of wealth built on instability of fossil fuel markets and pain," said an expert at 350.org.
Putting 'Americans at Risk,' 1-in-4 Trump Commerce Department Officials Have Glaring Conflicts of Interest: Analysis | Common Dreams
More than 1 in 4 senior appointees in President Donald Trump's Department of Commerce have significant "conflicts of interest," according to a report published on Wednesday, pointing to the same sort of corporate capture that is rampant across the administration.
Trump Plans to Protect Methane-Leaking Stripper Wells. This Billionaire Donor Will Benefit.
Oil tycoon Jeffery Hildebrand gave millions to Donald Trump’s 2024 election campaign. He is set to reap a financial windfall as the EPA moves to weaken restrictions on wells like his that produce very little energy but release vast amounts of methane.
'This Has to Be Stopped': Alarm As Trump's Crypto Firm Set to Get Federal Banking Privileges | Common Dreams
Critics alarmed as Trump's crypto firm set to gain federal banking privileges. Approval could benefit Trump family financially.
#PlutOligarchy #Anthroposphere: "the other side of
#human capacity for pain is how much can be forced upon us and
#normal ised. It is bewildering how
#war – shocking and intolerable at first – quickly becomes a matter of fact."
https://www.other-news.info/even-if-the-iran-war-is-over-it-made-its-mark-the-fear-killing-and-upheaval-were-all-normalised/ Even if the Iran war is over, it made its mark: the fear, killing and upheaval were all normalised - Other News - Voices against the tide
As conflicts in the Middle East persist despite ceasefire announcements, civilians endure normalized warfare while leaders pursue contradictory agendas. Trump's repeated peace declarations mask ongoing strikes, economic devastation, and displacement affecting millions across Iran, Gaza, Lebanon, and the Gulf states.
In 'Grotesque Billionaire Bonanza,' 41 Energy Tycoons Saw Fortunes Grow by $23.5 Billion Since Trump Launched Iran War | Common Dreams
“Conflict devastates countries and costs countless lives, yet for some it is extraordinarily profitable,” said the executive director of Oxfam International
Trillionaire Elon Musk's Destruction of USAID Takes Food Aid From Millions Facing Deadly Hunger | Common Dreams
"Now in its third consecutive year of famine, Sudan received nothing."
#PlutOligarchy #Fossilism: "The world’s largest
#banks committed $906bn in financing to the
#fossilfuel industry last year, an “unfathomable” increase in investment locking in years more of coal,
#oilandgas production as the world continues to overheat"
https://www.theguardian.com/environment/2026/jun/09/world-banks-pledge-billions-fossil-fuel-industry-2025 
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
#PlutOligarchy: "The current configuration of alliances places one faction of
#finance #capital, consisting of private equity, hedge funds & venture capital, firmly on the side of the Trumpian GOP, while the other faction, extending to mutual & index fund managers, has become increasingly dependent on the Democrats’ policy agenda."
https://www.tandfonline.com/doi/full/10.1080/13563467.2026.2685188?scroll=top&needAccess=true#abstract 
Lumpenanalyst