DoomsdaysCWMar 3

#BernieSanders to Rally for #BillionaireTax in #California as #Crypto Industry Joins Newsom in Opposition

“While US billionaires became $1.5 trillion richer last year, the average worker in America has just $955 in retirement savings,” said Sen. Bernie Sanders. “That’s why I’ll be in LA this week fighting for a #WealthTax on #billionaires.”

Jake Johnson
Feb 18, 2026

Excerpt: "The proposal has also drawn opposition from Democratic California Gov. #GavinNewsom, who has close ties to #SiliconValley elites—some of the most vocal opponents of the state wealth tax plan. (Notably, the billionaire CEO of the most valuable company in the world, #Nvidia, said earlier this year that he is 'perfectly fine' with the proposal as others in his class pumped millions into the effort to defeat it.)"

Read more:
https://www.commondreams.org/news/bernie-sanders-california-billionaires-tax

#USPol #TaxTheRich #BillionairesTax #PayYourFairShare #TechBillionaires #Technogarchs

Sanders to Rally for Billionaire Tax in California as Crypto Industry Joins Newsom in Opposition | Common Dreams

"While US billionaires became $1.5 trillion richer last year, the average worker in America has just $955 in retirement savings," said Sen. Bernie Sanders. "That’s why I’ll be in LA this week fighting for a wealth tax on billionaires."

Common Dreams
Martin NuttyFeb 27, 2025

Good report from #BBC on the nexus of #RageBait content and #SocialMedia algorithms dedicated to proliferation of #AI generated dreck

We know #Meta and #X are optimized for this crud. Glad that #Mastodon doesn’t engage in this brain jacking crap

#Technogarchs

https://www.bbc.com/news/videos/cj675j69gxgo

BBC Verify: The AI-generated video of Gaza shared by Trump

US President Donald Trump sparked a social media frenzy when he posted a video of Gaza generated by artificial intelligence on his site Truth Social. Marianna Spring has been analysing the online tactics of Trump and his team.

Show threadMartin NuttySep 11, 2024

59) #LeonMusk is a fan of #authoritarianism like his preferred candidate #DonaldTrump.

Like #Trump and other #oligarchs the goal is to accumulate more wealth by dismantling democracy. There is no empathy nor any humanitarian impulse in either of these men.

#Twitter is just a democracy destabilization tool for #Musk. When is the pursuit of audience unconscionable?

Boycott #TwitterX it’s poison ☠️

https://www.msnbc.com/msnbc/amp/rcna169608

#SocialMedia #Musk #DeadBird #TwitterMigration #Technogarchs #USPol

Elon Musk’s X is a poison. We don’t need to keep taking it.

It's not enough for some journalists and influencers to boycott the social media site formerly known as Twitter. Everyone needs to bail on it at once.

MSNBC
Show threadMartin NuttySep 11, 2024

58) I try to avoid climbing into the heads of #oligarchs who have lost the run of themselves. Who live in an echo chamber surrounded by sycophants who tell them every brain dropping produced is of celestial significance.

This post from the lost soul that is #LeonMusk made me want to retch. A reminder that #Twitter needs a hood old fashioned boycott

#Twitter #SocialMedia #Musk #DeadBird #TwitterMigration #Technogarchs #USPol #TaylorSwift

Show threadMartin NuttySep 8, 2024

57) The pain of the #Twitter / #Brazil shutdown is being felt by many small businesses and fan pages

Will this showdown trigger more interest in #activitypub based decentralized #SocialMedia?

https://www.nytimes.com/2024/09/08/world/brazil-x-ban-business-community.html?unlocked_article_code=1.JE4.BHd7.2hj7QD5mLMzD&smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb

#Musk #oligarch #DeadBird #TwitterMigration #Technogarchs

Brazil’s X Ban Upended Digital Businesses Overnight

The ban on Elon Musk’s X has dealt a blow to Brazilians whose livelihoods depended on internet followings they had amassed for years, and which disappeared overnight.

The New York Times
Show threadMartin NuttySep 8, 2024

56) We’re now more than a week into the #Twitter shutdown in #Brazil. Who will blink first #Musk or Brazil?

Brazil is Twitter’s 4th largest user base but according to some reports only contributes 2% to revenues. Musk may be willing to bite the bullet to assert #oligarch supremacy over nation states.

#DeadBird #TwitterMigration #Technogarchs

https://wapo.st/3MC5COH

Brazilian judge orders suspension of X in dispute with Elon Musk

X owner Elon Musk has refused to reestablish an office in the country to respond to government requests to take down accounts that spread fake news.

The Washington Post
Martin NuttyAug 12, 2024

@klillington

What a great graphic. Fundamentally it shows the problem when a company cannot innovate fast enough to grow its revenues to the satisfaction of its investors.

Investor pressure to monetize #Google results in #enshitification clutter.

What was once a nice clean interface has turned into a garbled mishmash just as @pluralistic has pointed out multiple times

#technology #greed #Technogarchs

Show threadMartin NuttyDec 17, 2023

@petergleick

Interesting how the stunningly obvious doesn’t register with the supposedly brilliant #technogarchs. That might however require compassion or even worse the payment of taxes

I’m reminded of @rcbregman who stated the very obvious back in 2019 at the #garch festival in #Davos. Always a pleasure to watch this.

Less #philanthropy and more #taxes for the #MegaRich!

https://youtu.be/gO80J7gsDm8?si=6BhBEb4sPwyMsotv

Historian says billionaires should stop talking philanthropy, start talking taxes

YouTube
Show threadMartin NuttyOct 26, 2023

@ccferrie

Some have theorized that the #Twitter acquisition was driven by the desire to hijack the platform to flood the #SocialMedia ecosystem with #Disinformation

Why do that?

Some #Technogarchs like #ElonMusk would like to dispense with nation interference disrupting their fantastical projects

Best way to do that is, create #FUD, disrupt the political system, destabilize fiat currencies, get #DonaldTrump back in the White House etc

Total #ChaosMonkey stuff