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]
    1•7 days ago

    Oh I generally know the why, im just curious on how itd evolve. Such things only stay stable for so long since due to its innate pressures anti-authority tendencies will turn on all authority given enough time. My personal theory is that once Trump is dead they will est his hanger ons alive.

    • @witten
      1•7 days ago

      Interesting theory. We shall see!