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.

    • TimmyDeanSausage @lemmy.world
      26·
      1 day ago

      Is your point that this is fear mongering, or that the struggle between classes has been an ongoing fight for most of recorded history?

      • ShittyBeatlesFCPres@lemmy.worldEnglish
        321·
        1 day ago

        The latter. I mean, America was founded by a tobacco company and people so weird in their religiosity, they were kicked out of 17th century Europe.

        I do think we can solve the oligarch problem. So, part of me was like, “We’ve met this challenge before, motherfuckers.” It wasn’t meant to dismissive but I’m pretty sure I could open hand slap Elon Musk and 24 of his 38 kids would feel it.

        • CouldaBeen_TheBest@lemmy.world
          14·
          1 day ago

          Wish I had your optimism. Hand it over.

          On a more serious note, I truly believe that enriching & modernizing our education system is the way to go for dethroning our billionaire overlords. We can’t just expect slap dash imploding submarines to do all the work.