"This is not governing. Trump and the Republicans are not a governing party.
What’s the back story to all this? It’s the oligarchy that put Trump into the presidency. …
Today the great divide is not between left and right. It’s between democracy and oligarchy."
~ Robert Reich
#Trump #ElonMusk #EconomicElites #oligarchy
/1
https://robertreich.substack.com/p/the-american-oligarchy-is-out-of
"So far, Trump has picked 13 billionaires for his administration. It’s the wealthiest in history, including the richest person in the world. They and Trump are part of the American oligarchy, even though Trump campaigned on being the 'voice' of the working class. …
In 2022, Elon Musk spent $44 billion to buy Twitter and turn it into his own personal political megaphone."
"Then, in 2024, he spent $277 million to get Trump elected, also using Twitter (now X) to amplify pro-Trump, anti-Harris messages.
These were good investments for Musk. Since Election Day, Musk’s fortune has increased by $170 billion. That’s because investors in Tesla and SpaceX have pushed their value into the stratosphere."
"Trump has put Musk (and another billionaire, Vivek Ramaswamy) in charge of gutting government services in the name of 'efficiency.' Musk’s investors assume that Musk will eliminate the health, safety, labor, and environmental regulations that have limited the profits of Musk-owned corporations, and that Trump will put more government money into SpaceX and xAI (Musk’s artificial intelligence company)."
"The oligarchs want lower taxes, which is what Trump, Musk, and other oligarchs are planning — an extension of the 2017 Trump tax cut, with an estimated price tag of at least $5 trillion.
They want no antitrust enforcement to puncture the power of their giant corporations. Instead, their corporations will grow larger, able to charge consumers even more."
"To the extent that Musk has more power than Trump, it is because he can fund primary challengers against Republicans who do not surrender to Musk’s demands. Trump cannot make that threat credibly.
And the only reason that Musk has that power is because of the US Supreme Court’s decision in Citizen’s United."
~ Robert B. Hubbell
#Trump #ElonMusk #EconomicElites #oligarchy
#SupremeCourt #CitizensUnited
/6
"Who exactly is calling the shots? It doesn’t sound like it’s the president-elect. It does sound like it is the richest man in the world, who paid an enormous amount of money to ride in Donald Trump’s sidecar. …
Several months ago, The Washington Post reported that Musk, who is originally from South Africa, was actually in the U.S. illegally for a time after dropping out of Stanford to start a business."
~ Dan Rather
#Trump #ElonMusk #EconomicElites #oligarchy
/7
https://steady.substack.com/p/is-trump-really-calling-the-shots
"He later became a citizen. Who would have thought that someone who has railed against undocumented immigrants was perhaps one himself, and now could be speaker of the House … the world’s richest person, and answerable to absolutely no one?"
"Representative Marjorie Taylor Greene has thrown her weight behind Senator Rand Paul’s ridiculous proposal that Elon Musk be elected the speaker of the House of Representatives. …
There’s scarcely a better illustration of Greene’s phony brand of populism than her support for installing the world’s richest man to, as she put it, reign in the people’s elected body."
~ Robert McCoy
#Trump #ElonMusk #EconomicElites #oligarchy
/9
https://newrepublic.com/post/189568/mtg-marjorie-taylor-greene-elon-musk-house-speaker
"After doubling down and calling the funding bill 'unacceptable' and 'a Democrat trap,' Trump called the richest man in the world, the one who paid $250 million to get him elected, and this is what he says he said to him: 'I told him that if he agrees with me, that he could put out a statement,' Trump said.
This seems like an unnecessary point to make, but I’m going to say it anyway:"
~ Lucian K. Truscott
#Trump #ElonMusk #EconomicElites #oligarchy
/10
https://luciantruscott.substack.com/p/elon-musk-and-donald-trump-have-just
William Lindsey 
Creative! Queer!! Autistic!!!