Over 60 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
Martin Wolf at the Financial Times:

...The ques­tion arises: are the olig­archs who are try­ing to make Trump pres­id­ent and JD Vance vice-pres­id­ent, the lat­ter a man who has declared he would not have cer­ti­fied that elec­tion, about to learn what it means to have a tyr­ant as pres­id­ent? Yes, someone who attempts a coup against the elect­oral pro­cess — the very heart of demo­cracy — is a would-be tyr­ant. So is someone who may fill his gov­ern­ment with people per­son­ally loyal to him. Nobody then can truly be safe, except loy­al­ists and syco­phants....

The plu­to­crats who sup­port Trump may remain safer than Berezovsky. But can they really be as free as they want? Yes, a fur­ther erosion of demo­cracy might pro­tect them from inter­fer­ence by the elec­ted politi­cians they detest. But the men they put in power, in their stead, have a tend­ency to turn them­selves into abso­lute rulers. Nobody can then be truly safe.

https://ft.pressreader.com/article/281814289130125

Financial Times

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