- cross-posted to:
- nyt_gift_articles@sopuli.xyz
- cross-posted to:
- nyt_gift_articles@sopuli.xyz
Why would billionaires support Trump? It’s not as if they’ve done badly under President Biden. Stock prices — which Trump predicted would crash if he lost in 2020 — have soared. High interest rates, which are a burden on many Americans, are if anything a net positive for wealthy people with money to invest. And I doubt that the superrich are suffering much from higher prices for fast food.
Wealthy Americans, though, are surely betting they’ll pay lower taxes if Trump wins.
You can find their representatives saying exactly that:
Kathy Wylde, president and CEO of the Partnership for New York City — a nonprofit organization representing the city’s top business leaders — said Republicans have conveyed to her that they consider that “the threat to capitalism from the Democrats is more concerning than the threat to democracy from Trump.”
Which is why billionaires are bribing Trump
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It’s not about the money, it’s about the power it gives them over everyone else. There is no appreciable difference between the life of someone with a billion dollars and someone with ten billion. However, making entire nations bend to their will and give them even more money is a pleasure of it’s own. It makes their tiny little peckers stand up just a little bit straighter.
Its all literally a game to them. Multiple players competing on the leaderboards. Which is a disturbing concept.
This is why we need to just give these fuckers a trophy, tell them they won capitalism at a certain amount and now all the money they make goes to fund public programs. Once they hit a certain amount of funding public programs they win capitalism+ and get a banner hung in Congress.
Power is surely a factor, but I think money is still a major driving force. When a person gets to a certain level of wealth, they seem to develop a mental illness. It’s like an addiction that compels them to constantly try to get more. There is no level of wealth that is enough to satisfy them.
When a person gets to a certain level of wealth, they seem to develop a mental illness.
I think the mental illness is developed well before amassing such wealth. It’s one of the reasons they are able to gain it in the first place. Wealth is the end result, not the cause.
This is the best summary I could come up with:
But Heritage’s embrace of what amounts to an attack on democracy is a useful symbol of one of the really troubling developments of this election as it heads into the final stretch.
Heritage presents itself as a defender of freedom, but its real mission has always been to produce arguments — frequently based on shoddy research — for low taxes on rich people.
And its tacit endorsement of lawlessness illustrates the way many of America’s plutocrats — both in Silicon Valley and on Wall Street — have, after flirting with the crank candidacy of Robert F. Kennedy Jr., been rallying around Trump.
Only someone completely ignorant of history would imagine himself safe from that kind of weaponization — even if Trump considers you an ally now, that can change in an instant.
At the top of the pyramid, wealth is largely about status and self-importance; as Tom Wolfe wrote long ago, it’s about “seeing ’em jump.”
We saw this when many Wall Streeters turned on President Barack Obama — after he helped bail them out in the financial crisis — because they felt insulted by his occasional criticisms.
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