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.

  • Breve
    78·
    15 hours ago

    I like how the only “increases” in efficiency they have proposed are to completely eliminate programs instead of actually making any of them better. Maybe we should adopt this same methodology to “solve” the problem of billionaires. 🤷

    • kittenzrulz123@lemmy.blahaj.zone
      5·
      10 hours ago

      Well the economy would be more efficient without the capitalist class, although I get the feeling DOGE isn’t going to reccomend we switch to a Syndicalist economy.

      • Breve
        3·
        7 hours ago

        I’m hoping for more of a “let them eat cake” kind of moment.