Elon Musk and Vivek Ramaswamy do not care whether the stories they tell about agencies are true. They’re useful for whipping up hostility to government so that regulations can be cut and the rich can do what they want.

Summary

Billionaires like Marc Andreessen, Elon Musk, and Vivek Ramaswamy are spreading false claims to discredit the Consumer Financial Protection Bureau (CFPB), a federal agency protecting consumers from fraud and abuse.

Andreessen falsely accused the CFPB of politically motivated “debanking,” despite no evidence.

This rhetoric aligns with the “DOGE” project, led by Musk and Ramaswamy, which aims to slash government regulations and programs under the guise of efficiency.

Critics warn this effort will harm public services, benefit billionaires, and push privatization at the expense of ordinary Americans.

  • witten@lemmy.world
    1·
    7 days ago

    That may be a real thing, but also we’re at this weird place where modern “conservativism” is getting morphed into a sort of semi-anti-authoritarian movement. It’s unfortunate though that the sentiment is getting co-opted by grifters rather than channeled into actual progress.

    • vaultdweller013@sh.itjust.works
      1·
      7 days ago

      Yeah its making it weird, though I do know for a fact most of the reds in sheeps clothes ive found were lefties surrounded by idiots. But yeah a couple sub groups of conservatives seem to be going into a conserve against authority and corporations, which while a good first step in theory they are also wrapped up in false trad bullshit. I cant wait to read the sociological books on this era in a decade.