FDRFTW
FDRFTW's JournalKilling the Goose that Laid the golden Egg - Why American Billionaires are Playing Themselves
https://factkeepers.com/killing-the-goose-that-laid-the-golden-egg-why-americas-billionaires-are-playing-themselves/Killing the Goose That Laid the Golden Egg: Why America's Wealthy Are Playing Themselves
If history has taught us anything, its that billionaires who cozy up to authoritarian rulers are about as wise as a turkey voting for Thanksgiving.
Donald Trump and his entouragelets call them oligarch wannabesharbor an outright disdain for American democracy, believing a dictatorial state run by a unitary executive (read: a king in a bad spray tan) would be far more profitable for the ultra-rich.
But theres one small problem: thats not how dictatorships work.
The Dictatorship Myth: When the Rich Get Played
American billionaires seem to think theyll be running the show under an autocrat, but they might want to have a quick chat with Russias oligarchsor at least the ones who havent accidentally fallen from balconies.
In Putins Russia, the richest dont own their wealth; they rent it from the regime.
Step out of line, and your assetsalong with your ability to breathebecome state property faster than you can say, defenestration.
Historically, this isnt a new trend.
When the Roman Republic collapsed after the Gracchi brothers were killed trying to limit the amount of land the wealthy could own, the empire that followed quickly became a playground for despots. The wealthy thought theyd be safe under imperial rule, but what they got instead was a parade of megalomaniacs like Nero, who famously set fire to Rome (and probably would have called it fake news if Twitter existed).
Trumps Pyramid Scheme for the Rich
Right now, were watching a similar illusion play out.
Figures like Elon Musk and other Trump-aligned billionaires have convinced themselves that democracy is an inconvenience to their bottom line.
They see taxation and regulations as a burden, failing to realize that in an authoritarian state, their entire fortune becomes a line item in the dictators personal budget.
And heres the kicker: they know Trump is running a conat least on his working-class supporters.
These billionaires understand that Trumps economic promises are as solid as a Trump University diploma.
They know he has no intention of uplifting the average American.
The irony, though, is that these same billionaires are also his ultimate marks.
Once Trumpor any would-be autocratcontrols the levers of power, their wealth is only theirs until he decides it isnt.
Thats how every dictatorship operates. In Nazi Germany, Hitler strong-armed industrialists into funding his war machine. In Venezuela, Hugo Chávez nationalized businesses at will.
And in modern Russia, billionaires dont have powerthey have permission.
The Big Reveal: Billionaires Arent as Smart as They Think
The wealthiest Americans might be clever when it comes to stock manipulation and tax loopholes, but they seem oblivious to one fundamental truth: authoritarian rulers dont share power.
Trumps loyalty lasts exactly as long as youre useful to him.
The moment youre not? Well, lets just say the walls at Mar-a-Lago might start looking a little taller.
The super-rich are betting on Trump to dismantle democracy so they can make a quick buck, but they fail to realize that once democracy is gone, so is their safety net.
The American legal system, while annoying to them now, is the only thing standing between their billions and a leader who wakes up one morning and decides they should donate their fortunes to his cause.
At the end of the day, theyre not the puppet masters of a dictatorship.
Theyre just the next in line for the scam. And as history shows, the house always wins.
But dont think the working stiffs are going to benefits somehow from an imperial Trump, none of the money will trickle down, either. Put in is worth an estimated 800 billion, and the average Russian makes $600/month, or 600 Trump 2025 eggs.
What's preventing us from creating a reverse DOGE team and running around undoing what DOGE is doing?
Can I get some supporters here and in the leadership?
Did a Private Equity Fire Truck Roll-Up Worsen the L.A. Fires?
https://www.thebignewsletter.com/p/did-a-private-equity-fire-truck-rollWhat Ill show you in this piece is that the increasing price is a result of a private equity firm, American Industrial Partners, consolidating the fire truck industry and forcing up prices across the board.
For decades before the 2010s, the fire apparatus industry was characterized by relatively stable (inflation-adjusted) prices and ample production capacity.
Then, however, AIP bought multiple fire-truck manufacturers and rolled them up into conglomerate called the REV Group.
Although AIP initially made a show of allowing these manufacturers and their distributors to continue operating independently, under the surface it quickly moved to operate them as a single firm, like a food conglomerate selling a bunch of different brands that all appear to be different companies.
As one industry executive has observed, There are now times when all vendors at a bid table, each with a different product, are all owned and managed by the same parent company. How is that competitive for the purchaser?
The answer, of course, is that it isnt. And you dont need to take my word for it. REV Fire Group Vice President of Sales Mike Virnig made it clear in 2020:
What I wont tolerate is negative selling, he said. I wont tolerate it with our competitors, and I wont tolerate it within the group. If I even get a hint or see anything like a dealer taking a shot at another dealer, we step in and say, Stop it.
California Wildfires 2025: set by Trump and his disaster capitalist buddies!?
It follows the disaster capitalism model outlined by Naomi Klein in The Shock Doctrine:
First we have State Farm dropping policies in CA last March:
Then, in March 2024, State Farm announced it was not going to renew 72,000 policies in California in certain zip codes deemed too risky to continue to insure. They cited 'ongoing financial pressures' caused by the previous factors, along with outdated state insurance regulations as reasons for the decision.
https://www.insurancebusinessmag.com/us/news/breaking-news/state-farm-to-pull-out-of-72000-california-insurance-policies-482069.aspx
Then we have fires set during wind storms around the uninsured area:
https://ktla.com/news/california/wildfires/8-more-suspects-charged-with-arson-looting-crimes-in-connection-with-l-a-fires/
Then we have Trump saying he wont help the homeowners retain the properties:
https://www.dailynews.com/2025/01/23/trump-raises-possibility-of-withholding-disaster-aid-from-california/
So now his rich buddies can go buy up the properties for pennies on the dollar:
https://www.gov.ca.gov/2025/01/14/governor-newsom-issues-order-to-protect-fire-victims-from-predatory-real-estate-speculators/
Classic disaster capitalism model.
Plus, he blamed hydrants, but the same thing happened in 1962. https://www.lafire.com/famous_fires/1961-1106_BelAirFire/1961-1106_LAFD-Report_BelAirFire.htm.
Plenty of Republican leaders since then could have addressed the issue of loss o water pressure during large fires like theyve done in liberal SF. Its a cost issue. It takes more taxes and theyve cut them!
The original quote is "The time to buy is when there's blood in the streets, even if the blood is your own". It's attributed to Baron Nathan Rothschild, a British banker and member of the Rothschild family in the 19th century.
Will Trump pull a Putin?
The possibility that the Trump v. U.S. decision granting U.S. presidents the unchecked authority to seize assets and act outside the law without penalty may fundamentally dismantle the rule of law and constitutional governance.
Will Trump pull a Putin and start asset seizure?
https://bsky.app/profile/peacethroughlove.bsky.social/post/3lfxhbtbj6s23
Where can I post memes?
Dont see anywhere to upload memes as pictures
.
Is there a forum for this??
TIA!
Do not despair. We are stronger than this. We win in the end.
Trump: Tax Cuts are The Bait; Asset Seizure is the Switch
Ah, tax cuts for the wealthy. That sweet, irresistible tune that has had millionaires and billionaires humming along since time immemorial. And now, the self-proclaimed maestro of fiscal conservatism, Donald Trump, is once again conducting his familiar symphony of economic incentives. But, dear reader, hold on to your gilded monocles, because this symphony might just end with a surprising crescendo.
Lets dive into the latest Trumpian promise: another round of tax cuts for the wealthy. Yes, those same wealthiest of the wealthy who, lets be honest, could use a few extra yachts. But before you pop the champagne in celebration of a few extra zeros in your offshore account, consider the fine printparticularly the part written in invisible ink.
The Fine Print of Dictatorial Aspirations
As we gleefully dissect Trumps grandiose tax plan, its worth noting that this time around, theres more at play than just lowering the top marginal rate. Remember that Trump v. US case? The one where he amusingly redefined executive power? Well, its back in play, and this time, its personal.
You see, theres a delightful theory floating around that Trumps real plan is not just to cut taxes, but to lay the groundwork for his ascension to full-fledged dictatorship. As a dictator, of course, one has certain perkslike the ability to seize assets on a whim! And whats better than cutting taxes for the wealthy? Taking all their money once youve lulled them into a false sense of security!
Evidence? Of Course!
Before you accuse me of spinning a conspiracy theory worthy of a Netflix special, lets look at some of the evidence. Consider Trumps obsession with executive power. In 2020, he famously stated, When somebody is the President of the United States, the authority is total. Ah, the sweet smell of ambition. While the courts disagreed with his self-assessment at the time, Trump never let go of the dream.
Enter the Trump v. US case. Here, the former President argued for unprecedented executive immunity, a stance that critics (and a few wisecracking judges) noted could lead to the erosion of checks and balances. The President can seize assets as long as its a core official act, like in the interests of National Security! The case set a precedentor, as some say, a ticking time bomb.
Now, imagine a Trump who returns to office, emboldened by lessons learned, and driven by a hunger for power that makes his previous term look like a quaint rehearsal. The promise of tax cuts becomes the Trojan Horse, luring the wealthy into a false sense of security, only for the doors to swing open to reveal not tax relief, but asset seizures under a newly minted regime. Its the ultimate bait-and-switch, folks, and the irony is almost too delicious.
A Dictators Dream: Seizing the Spoils
Of course, any good dictator knows that control over wealth and the wealthy is the key to absolute power. What better way to consolidate control than to make the rich even richer with a round of tax cuts, then swoop in and seize it all, or at least have the legal authority to do just that? Its the ultimate irony, a plot twist worthy of the best political satire.
Supporting this are a few eyebrow-raising moments from Trumps history. Remember the time he refused to divest from his businesses while in office, raising countless conflicts of interest? Or when he hinted at wanting to punish his political enemies? A dictator with an ax to grind against the wealthyespecially those who might have funded his opponentscould indeed find such powers irresistible.
Dictatorship for Dummies: Putin and Xis Greatest Hits
If you think this sounds far-fetched, lets take a page out of the Dictators Handbook. In Russia, Putin doesnt just cut taxes for the richhe lets them get comfortable, then swoops in like a hawk and seizes their assets. Some of those once-wealthy oligarchs are now either exiled, imprisoned, or worsepushing up daisies. Xi Jinpings no slouch either. In China, hes been grabbing billionaires fortunes faster than you can say Communist Party. Just ask Xiao Jianhua, who had 1.2 trillion yuans worth of assets vanish into thin air.
Now, I know what youre thinking: Thats China, thats Russiathis is America! Trump v. US is now a real thing. It gives Trump the kind of power that makes checks and balances sound like an antique phrase. Suddenly, your assets arent just yours; theyre the governmentsmore specifically, his. And if you think your gold-plated yacht is safe, youre in for a rude awakening.
The Ultimate Bait-and-Switch
Picture this: Trumps back in office. He cuts taxes, youre feeling good, youre making bank. Then one day, he decides hes had enough of playing nice. The tax cuts were just the bait. Now, its time for the switch. Your assets? Seized. Your yachts? Repossessed. Your wealth? Poof! Gone. Its like waking up after a wild party and realizing all your stuff is missingand the guy who threw the party is laughing all the way to the bank.
The Joyous Conclusion
So, to my wealthy readers, I say: Enjoy those tax cuts while they last. Because if Trumps master plan unfolds, you might just find yourself funding his next golden escalator ride
from the back of a golden cage.
In conclusion, Trumps tax cut promises are like a beautifully wrapped gift with a surprise insidea surprise that might involve your assets mysteriously vanishing. As with any good con, the setup is everything. Just remember to read the fine print and keep an eye on the exits, because this might be one show where the audience doesnt get their money back.
So, heres to tax cuts, dictatorial dreams, and the glorious unpredictability of politics in the Trump era. Cheers!
Graham Green
This is a critical time to reach out to those who may have some doubts about Trump after his conviction.
In my view it is critical that we not polarize them at this juncture.
We need every vote we can get in November.
Trump is not the victim, we are his victims.
Trying to get them to understand that they are the victims of his fraud seems to have the most impact.
Trump, after all, pardoned Steve Bannon who stole from Trump supporters. He also was found guilty of defrauding his own students.
Good luck, I know, its hard for me to just not yell at people, lol.😂
Many are corrupt, but there are some who are deeply caught up in the right wing ecosystem of lies and propaganda.
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Member since: Mon Jun 12, 2023, 12:56 PMNumber of posts: 93