Robert Reich

50 billionaire families have spent $600 million+ on the 2024 elections, which is .06% of their total wealth.

The equivalent donation for an avg household would be ~$100.

This means 50 billionaires have the political-spending capacity of 6 million American families.

Oligarchy.

May 24, 2024 at 11:37pmWeb
Show threadDarcyMay 24, 2024

@rbreich

The ONLY way to stop this is to limit the amount a person can contribute during any one election & stop ALL company donations.

Then make EVERY Donation made open to the public.

Show threadDavid Cantrell 🏏May 24, 2024
@Mor696 @rbreich I don’t think people’s political donations should be visible to their employers.
Show threadDarcyMay 25, 2024

@DrHyde @rbreich

And that becomes the excuse rich people use to allow them to do whatever they want.

Show threadDarcyMay 25, 2024

@DrHyde @rbreich

Besides, if you do your job to the best of your abilities I highly doubt an employer will give a crap if you sent $100 dollars to a political organization

Show threadDavid Cantrell 🏏May 25, 2024
@Mor696 @rbreich I know I’ll be safe, partly because I work in a civilised place, but that is very much not the case for a lot of people in backward shitholes.
Show threadSteveJB has movedMay 25, 2024
@Mor696 @DrHyde @rbreich I don't know Darcy, I had my job threatened for adding a Jolly Fish to my email signature, even though many at the corporate office included Bible verses in theirs. I have no doubt that if they knew I donated to a dem, I would have at least lost my position.
Show threadVeeMay 24, 2024
@rbreich We're screwed. We're not playing the same game.
Show threadJohnWMay 25, 2024

@rbreich

But their donations mean that their wealth will be protected once their pets are elected!

Sounds like a great investment in corporate capitalism, maintaining the wealth gap and breaking the economy.

Show threadpatcanfieldMay 25, 2024
@rbreich Through Not our US Constitution but the US (So-Called) Supreme Court. And This is the result of so FEW American patriots in the Republican party. never before in my life have I observed such a nauseating group of congressmen
Show threadHashMay 25, 2024
@rbreich
Federalist chief injustice Citizens united.
Show threadDave VolekMay 25, 2024

@rbreich
This is intriguing math. They buy off the system, and still have lots left over for their yahcts.

It's time for a new way.

Show threadSteveJB has movedMay 25, 2024
@davevolek @rbreich We need to enlist more Orcas to sink more of their yachts.
Show threadKevin Karhan May 25, 2024
@rbreich exactly that!
Show threadgmokeMay 25, 2024
@rbreich
I would venture to say that there are enough
fossil fools in those 50 billionaire families
to call it, legitimately, an oilagarchy
especially with Trmp's recent offer
to some of those very same fossil fools.
Show threadZorro Notorious MEB 🪷🪷🪷May 25, 2024
@rbreich As one of my managers used to say, "Stop bringing me problems and start bringing me *workable* solutions!"
Show threadZorro Notorious MEB 🪷🪷🪷May 25, 2024
@rbreich In this case, a workable solution is one that will pass both houses of Congress and get signed by the President in an election year. Otherwise, you're simply whinging.
Show threadMatthewMay 25, 2024
@rbreich
Limitarianism
https://www.theguardian.com/books/2024/jan/21/limitarianism-the-case-against-extreme-wealth-ingrid-robeyns-extract
Limitarianism: why we need to put a cap on the super-rich

In this extract from her new book, Dutch political philosopher Ingrid Robeyns proposes a three-pronged plan of action to tackle extreme wealth concentration and reduce inequality

The Guardian
Show threadLyricismistMay 25, 2024
@rbreich Is this why they bought “citizen’s United”from the Supreme Court?