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.

  • Saint_La_Croix_Crosse@midwest.social
    1·
    7 days ago

    The problem is that there is no alternative. The two parties are just this same process at two different speeds and slight amount of decorum. People forget that Jimmy Carter was our first neoliberal president and Clinton cemented this all being bipartisan and passed the things that were seen as too far right for Reagan (NAFTA, the crime bill, was going to SS privatization until Monica Lewinsky distracted from it…). Liberals hate Trump because he is being too crass and clumsy while doing this. Democrats would rather do the same thing more slowly and with more excuses and obfuscation.