this post was submitted on 30 Apr 2025
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Leopards Ate My Face
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The funny part is that the same people bank rolling the presidency are the same people bankrolling the legacy media AND the social media influencers.
There is one group to blame for all this and it's not hard to find them .... anyone that controls billions of dollars of wealth, controls the country.
I'm told it is anyone who voted for Ralph Nader in 2000.
I mean we’ve been on the path to fascism since Bush vs Gore, so maybe we can collectively shit on Nader for being an egotistical asshat.
With every month that passes, a conviction grows in me: "Billionaires shouldn't exist."
Without a doubt, I say there should be a cap on personal wealth, say 1 billion, because I can't really see why one person would ever need more than that to live comfortably. Then every dollar made over that goes straight to the federal government.
Essentially a new income tax bracket for only the wealthiest of individuals that is permanently set at 100%
I don’t know about a hard cap. Shelves and caps tend to inspire creative accounting just shy of fraud, and we can achieve the same effect with an accelerated scale that curtails runaway capital accumulation.
What I would be most interested in seeing is the introduction of public equity. Corporations of course benefit hugely from public services/infrastructure but often are directly funded by the US government. Any venture capital group or bank funding these companies would demand equity in return, yet the government doesn’t ask for equity on behalf of the public. The average citizen is offered only a share of the increased public debt.
And it’s not pocket change we’re talking about. Even if one only counts the larger stimulus budgets of recent history, they can match them to historic share prices and just track the growth and dividends of those shares as the returns compound over time. They would find that it’s a sizable stake in these companies that the public is owed (and a controlling stake in the case of full bail-outs, meaning decision-making power).
Taxes are definitely important, but easier to side-step or postpone for large public corporations, who have many options for how they represent their finances. Equity on the other hand is far simpler. It’s cumulative, so as long as the correct percentage of shares are transferred, future taxes are guaranteed paid, and more importantly they can no longer finagle a $0 tax liability while at the same time distributing revenue to shareholders, because the public is a shareholder. And the growth of that equity increases public wealth in step with the market. That way the average citizen always has a baseline stake in the economy, a birthright entitlement, which might better reflect the actual value offered to a company by the public.
Edit: forgot to mention, this is a rather direct pathway to Universal Basic Income (UBI), which is often criticized for being difficult to get off the ground. One of the coolest features of Public Equity is that if instead of reinvesting dividends you send them to shareholders as a distribution, you now have UBI.
Well, where are they, exactly?
Hiding from guillotines.
I think it's time to make an American version of the guillotine where we replace the sharp blade with a giant rock, and keep everything else the same.
It seems appropriate
Given the seeming plummet of intelligence in the US we should name it the Ungabunga. The fact that cavemen didn't live in caves and weren't dumb is the other half of the reason.
People never lived in caves? Excuse me, what?
Maybe they’re conflating the word cavemen with neanderthals.
I mean, archaeologists would argue that both did, there's simply less found evidence of neanderthals doing it, but it is there. Fires, butchered animal bones, clearly intentional burials, art, the only evidence they haven't found is a sign on a nail saying "home sweet home".
Yeah, caves seem pretty awesome to live in honestly. Compared to outside.
Right? Safety, radiant warmth, no wind or rain, no effort to build, it's ridiculous to say that people wouldn't use caves.
That's the common interpretation though. Not in science of course.
The American version is calling up Israel for a bombing run.
Contributing millions to dark pacs, which bankroll media outlets either directly or through ad money.
Although now I’m sure they’re also buying shitcoins in closed door meetings at maralago as well.
https://mastodon.social/@elonjet
One of them being Russia is bankrolling most of it
I'm genuinely curious to know whether the majority of Lemmyites believe Tim Pool gets more money from Vladimir Putin's bagman than Google's YouTube advertisements and SuperChat kickbacks.
So many Americans do not seem to want to believe their own network of oligarchs have deep pockets and a wide net of social media influencers. As though organizations like DailyWire and One America News Network and the Murdoch suite of publications simply don't exist. The Mercers, the Adelsons, the Kochs, The Thiel Foundation, The Hoover Institute, the American Enterprise Institute... its like they don't even exist.