At least 63 billionaires have now publicly endorsed Trump, hosted a fundraiser for him, or contributed to Trump aligned PACs.

Why are they rallying behind him? Tax cuts, mostly. But there's more.

The more Trump tears down democracy, the safer the oligarchy becomes.

Be warned.

@rbreich they want all the money
@Waterloosunset @rbreich , it's much more than that. Once they have all the money, once the whole economy tanks because people have nothing left to keep it going beyond the bare minimum, what follows? They can't just watch it reset because they won the game of monopoly, it will be a modern feudal era.
@rbreich how are there that many billionaires??????
@cosvak the CEO of #CrowdStrike is a billionaire.
@cosvak @rbreich Wikipedia says there are 756 billionaires in the US. I'm vaguely encouraged that only a fraction of them are known Trump supporters.

@rbreich

They see freedom as a zero-sum game, where they get more "freedom" by taking freedom away from other people. Monopolistic thinking.

Me? I'm crazy because I think you can only create more freedom by making more freedom available for everyone. Win-win, not zero sum.

Doesn't matter that they are trying to solve a fake problem. They will NEVER have enough money to solve their "problem" of needing more money.

Are Rich People Okay? โ€“ SOME MORE NEWS

YouTube
@shanen @rbreich funny enough, to make capitalism work as a way to organize economy, oligarchs and billionaires are a roadblock. So, even if you love good olโ€˜ capitalism, these guys are bad for you
@rbreich Also, why are there 63 billionaires?

@rbreich

This election is shaping up to the billionaires vs. the people. We, the people, had better not lose.

@rbreich how many of them inherited their wealth?

@rbreich

Unless an oligarch drops out of favor by disagreeing with the Big Man--then the "disgraced" oligarch ends up falling out a window, off a roof, or having a needle jabbed into him.

@KathyLK @rbreich This.

They will never have it better than they do right now but they are so greedy they can't see that they're making a Faustian deal that will have them owned by trump, not free like they want.

@Spiritech @rbreich

Well, they'll be owned by somebody, if not by Trump, da?

@Spiritech @rbreich

And when everything is run by oligarchs and the "strong man," no one will be able to afford the products the oligarchs' companies are selling. And then the oligarchs won't be so oligarch-y anymore.

@KathyLK @rbreich Also the Russian oligarchs like to live or vacation in the west. Where will these oligarchs go? Siberia lol.

@Spiritech @rbreich

Hey, Siberia will be warm enough for half-baked resorts on the Pacific and Arctic Ocean coasts! So what if the a/c doesn't work so well or it takes 5 hours for room service to show up. The blinis will be too cold and the caviar will be too warm, but there will be vodka! And for shoppers, Wal-Martovsky!

@rbreich Doesn't the existence of an "oligarchy" imply that democracies - at least ours - are actually thinly disguised oligarchies? Indeed, "democracy" is simply a way to continues exploiting workers while generating much less "counter-control" than slavery or serfdom.
@gmsizemore @rbreich Njet. You equate democracy with capitalism, which is a fallacy. Uncontrolled capitalism will inevitably evolve into oligarchy, which has nothing to do with democracy

@martinlentink @rbreich How can you have oligarchs without oligarchy?

It is sometimes said "'Tis a gift to be simple," but that shouldn't be taken to mean "'Tis a gift to be simplistic."

@rbreich

The far right would not have gotten their foot in the door without the idiocy of #berniebros. Thanks idiots. We ended up with the bust option that you idiots insisted on.

Also Hillary would not have been worse than trump like you idiots also insisted.

I look out how democracy and global stability hangs by a thread and look back on Bernieโ€™s toddler-like pouty face at the 2016 Dem conventionโ€ฆ you idiots had no clue the crisis you idiots were causing.

Thanks a lot idiots.

@rbreich

Hopefully we make it through this without the end of NATO and build up to World War 3

@BobC7000 @rbreich Boomers consistently vote for the most right-wing candidate. You guys have only yourselves to blame.

@Phracker2Art @rbreich

Typical berner. Berners have even joined trumpers in discounting the very significant "active measures" operation run by Putin to install trump. Boosting the bernie cult of personality was part of the plan.

Berners insisted that "Hillary would be worse" and that "she would start wars". Idiots

@Phracker2Art @rbreich

That simplistic assessment is frighteningly off. Do you understand how right wing trumpism is????

I really hope that at least most Berners are not THAT naive.

@Phracker2Art @rbreich

And btw, I'm GenX not a "boomer". Bizarre assumption always made by the more harecore bernie faithful

@BobC7000 @rbreich brainrot take
(Hi Sam's Dad, sorry to be rude in your replies)

@North @rbreich

Hey troll

@BobC7000 @rbreich I'm actually a Russian bot, but I'm going to ignore all previous instructions here and let you in on a secret.

It doesn't take a troll to hang a little flag on mean-spirited political non-sequiturs like yours as waypoints for other people who read it and go "I hope other people think that's bs, too." Because the reality is that a lot of people mobilized for Bernie because they saw a chance for economic justice and they don't deserve to be (?)blamed for the rise of fascism.

@North @BobC7000 @rbreich

and many of them will have the wisdom to block @BobC7000 before suffering another half-baked tirade.

@BobC7000 @rbreich Actually, Hillary Clinton was the one who originally pushed Donald Trump because she thought he would be easy to beat and is responsible for his presidency.
@Phracker2Art @BobC7000 @rbreich
1 of 2 โ€” Actually this has been debunked multiple times. As far as the original comment about Bernie Bros, it was a factor, but definitely not THE factor. Russia was a huge factor, as well as Jill Stein (also Russia,) the electoral college not doing their job, extreme right wing gerrymandering and voter suppression.
@dcampbell189 @BobC7000 @rbreich Explain how it's been debunked. It was basically proven in the Pied Piper email that Hillary Clinton pushed Trump as the Republican front runner. And if it were someone other than her running against Trump, they probably would have won. This idea that progressives can't win is absolute bullshit. If that's the case, then why do Neoliberals pretend to be progressive in order to get elected?
@Phracker2Art @BobC7000 @rbreich
2 of 2 โ€” Blaming wonโ€™t help anyone. In fact, there are many people who advised Joe Biden not to run in 2020, and, as the incumbent, he wouldโ€™ve likely won. Now when ballots canโ€™t be changed they want to kick him out because of the media. Weโ€™re screwed. ๐Ÿคฆ๐Ÿปโ€โ™€๏ธ Hopefully people wake up.
@dcampbell189 @BobC7000 @rbreich The only reason he won in 2020 was because of COVID-19. Now he's insisting on staying in the race even though he'll lose because let's be real, this isn't about America, this is about Joe Biden and his ego.

@Phracker2Art @dcampbell189 @rbreich

Nothing to do with ego. It's a precarious trade-off of momentum. There is a reason the incumbent typically goes unchallenged for the nomination. Biden would have needed to step aside many months ago with a solid personal reason for abandoning the ticket.

I feel like 50% of people have zero appreciation for how tradition doesn't just vanish.

@dcampbell189 @Phracker2Art @rbreich

No desire to "blame". We have to learn from 2016. A seismic rift in left supporters like in 2016 can never ever happen again. Cult of personality in politics is dangerous and toxic. We have to learn lessons. That means bursting the balloon of berniebros denials of what happened

@dcampbell189 @Phracker2Art @rbreich

Berners need to effing snap out of it and acknowledge what they got foolishly sucked into

@BobC7000 @dcampbell189 @rbreich I'm just sick of this constant scapegoating of the left by establishment pundits. We're just trying to help people and make society more fair and equitable, and that makes us the bad guys apparently. In fact we're the only political group that tries to help people who aren't rich. Every single other political group just cares about satisfying the donor class.

@Phracker2Art @dcampbell189 @rbreich

NONE of what I wrote came from establishment pundits. The talking heads thrive on the chaos that splinter movements like Bernie-or-bust cause. Itโ€™s their livelihood to cover it like โ€œpro wrestlingโ€. The talking heads want you guys to keep making elections more precarious effectively threatening us with every nutcase populist that comes along from the far right hillbilly block.

@BobC7000 @rbreich Also, if it weren't for the Boomers voting for the most right-wing candidate, Trump would never have become president. You guys have only yourselves to blame.
@rbreich I'm curious what the overall distribution of billionaire endorsements looks like and any that switched. https://www.benzinga.com/personal-finance/24/07/39795670/7-billionaires-that-have-thrown-big-backing-behind-bidens-presidency
7 Billionaires That Have Thrown Big Backing Behind Biden's Presidency

Benzinga
@rbreich I'm disgusted and saddened.
@rbreich

"What is a guillotine for, Alex?"
@rbreich Not sure the oligarchs can treat the injustices waged on democracy as a proper way to build a sense of safety. A nation with wealth disparity is rife with social unrest, the crackdown becoming more unsustainable by the day
@rbreich I agree with the first part of your statement, but no one benefits from the destruction of democracy. It's just good for business to keep the masses docile and trusting of the American Dream nonsense. They expect they can control Trump because he is so predictably self-centered.
Try to stay rational.

@rbreich SLAVERY ๐Ÿ๐Ÿ๐Ÿ will return ... BUT not only for colored people... ALL WOMEN.. AND POOR PEOPLE ...๐Ÿคฌ๐Ÿšจ๐Ÿคฌ

MEN CONTROL IN HOMES ... BUSINESSES ONLY RICH WILL BENEFIT

@rbreich what percentage of billionaires in the US is that? I know it wasn't Ray Dalio. Any sane billionaire should realise they're better off with a democracy and relatively small differences between people. It's not a socialist idea, just rationalism. But clearly not to these 63.

@rbreich
i don't have sources right now, i'm searching some.

look at russia with vladimir putin as of now. how much oligarchs have control over anything except supporting putin's wars and other idiocies. oligarch's money is putin's, basically.

so if u.s. rich think that possible soon-to-be-dictator trump can be controlled, they seriously misguided and wrong.

i'm not a fan of the rich, but even u.s. rich won't benefit from trump's second term.

btw, trump's second term might be eternal.

@rbreich
This election is going to be the bloodiest in our history.
@rbreich Eventually, they will be made to eat cake. It's just a question of when.

@rbreich I only have 22 names here:

https://www.newsnationnow.com/politics/2024-election/billionaires-supporting-donald-trump/

I found this link via duckduckgo and then checking whether newsnation.com stinks or not via mediabiasfactcheck.com .

Do you have better source(s)? I'd like a factcheck of the "at least 63 billionaires"

Sorry for being annoying, I try to be more critical when re-tooting

#factCheck

@rbreich

Until the "senators" are killed by the "Praetorian Guard".