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.

  • @[email protected]
    105•1 month ago

    Remember kids, they want the government gone because they want to become the government to enrich themselves.

    • @someguy3
      63•1 month ago

      More accurately they want to become the oligarchy. Like in Russia.

      • @CharlesDarwinEnglish
        41•1 month ago

        I think this is partly why they got the stupid gomers thinking that Russia is some fantasy zone for white right wing xtian nationalists. For the oligarchs, Russia’s set up is a dream, so they have to find stupid voters to vote against their own economic interests for backwards identity politics reasons…so they make Putin out to be sympathetic towards xtians and homophobia and “whiteness” for the benefit of the rubes in the U.S.

        • Semi-Hemi-LemmygodEnglish
          10•1 month ago

          For the oligarchs, Russia’s set up is a dream

          Until they get defenestrated

          • @finitebanjo
            5•1 month ago

            Putin’s been in power for like 20 years, and despite putting the Russian people through hell these last two years and an actual coup attempt he’s still going strong. Arguably you could say things didn’t really change much even after Joseph Stalin died in 1953, aside from secession of several nations outside of central Russia, that it’s all just one big continuation of the same system.

              • @finitebanjo
                1•1 month ago

                I feel like you somehow missed the vast majority of context in this conversation.

                The only think I’m selling is the concept that violent uprisings are rare, and just as rarely bring about positive changes. I do hope Russia overthrows Putin just because they can’t go much lower, but to think that bringing Russia’s system to the USA might bring hope of destroying the system for possibility of something else: is totally fucking bonkers.

      • @[email protected]
        3•1 month ago

        The US is already an oligarchy. The difference between “oligarch” and “billionaire” is whether they are from Eastern Europe or Western.

        • @someguy3
          2•1 month ago

          You ain’t seen a real oligarchy yet.

    • @[email protected]
      15•1 month ago

      But wait, President Musk is the edge lord Id like to be, he’s also a genius, he wouldn’t lie.

      /s