Elon Musk, the billionaire tech mogul, seems to think that he is above the law. His recent no-show for testimony in a probe regarding his $44 billion Twitter takeover has caused quite a stir, with the SEC now seeking sanctions against him. This is not the first time Musk has been in hot water for his reckless behavior and blatant disregard for rules.
It’s baffling to witness someone with so much wealth and power continually defy authority without facing any real consequences. From telling advertisers and entire countries to “go f*ck themselves” to openly defying the SEC, Musk’s arrogance knows no bounds.… Continue reading
Melania Trump complaining about political divisiveness and the cost of food in a new video? Seriously? The audacity of this woman who lives in a golden tower and probably has never stepped foot in a grocery store in this country. How can someone who is so detached from the realities of everyday Americans even begin to discuss kitchen table issues? It’s almost comical how out of touch she is with the struggles of regular people.
The fact that she is now speaking out against political divisiveness is ironic, considering her husband, the former president, was a major instigator of the divide in this country.… Continue reading
The news of the Treasury recovering $1.3 billion in unpaid taxes from high wealth tax dodgers is both encouraging and concerning. On one hand, it is a step in the right direction towards holding the ultra-rich accountable for their fair share of taxes. It is about time that those who have been living lavishly while evading taxes are being made to pay up. The fact that almost 80% of the 1,600 millionaires targeted by the IRS have now made payments shows that these individuals were well aware of their tax obligations but chose to dodge them until they were caught.
This recovery of unpaid taxes sheds light on the extent of tax evasion among the wealthy and the need for stricter enforcement and consequences for such actions.… Continue reading
Bill Gates recently made a statement that caught many people’s attention. He mentioned that if he designed the tax system, he would be tens of billions poorer. This statement, while seemingly self-aware and reflective, raises some interesting points to consider.
The idea that a billionaire like Bill Gates could be “poorer” by any stretch of the imagination is quite amusing when we put it into perspective. Even if he were to lose tens of billions of dollars due to increased taxes, he would still be immensely wealthier than the average American. This level of wealth accumulation is mind-boggling and highlights the massive wealth gap that exists in society.… Continue reading
As I sat down to watch the DNC and heard the scathing remarks made by JB Pritzker about Donald Trump, I couldn’t help but feel a sense of satisfaction. Pritzker’s comment, “Take it from an actual billionaire, Trump is rich in only one thing: stupidity,” was like a breath of fresh air in a political landscape filled with rhetoric and half-truths. It cut through the noise and hit the nail on the head.
Let’s face it, Trump’s supposed wealth has always been a point of contention. Mark Cuban’s comment about Trump being worth more than a billion dollars only if he were paid to wipe someone’s bottom resonates with a sentiment shared by many.… Continue reading
Billionaire Mark Attanasio stands accused of stealing sand from Broad Beach in Malibu for his personal use in a construction project. As someone who has witnessed the consequences of the relentless greed and entitlement displayed by the ultra-wealthy, this news doesn’t come as a surprise. It seems that for some billionaires, the rules simply don’t apply. Attanasio’s actions, facilitated by his construction team, are not only a violation of public natural resources but also a blatant disregard for the environmental impact on marine life in the area.
The fact that someone with the financial means to purchase vast quantities of sand would resort to such illegal and unethical practices is a clear reflection of the moral bankruptcy that often accompanies extreme wealth.… Continue reading
The recent report by Oxfam about the world’s richest 1% gaining a staggering $40 trillion in wealth over the past decade is mind-boggling. The sheer magnitude of this wealth accumulation is difficult to comprehend, especially considering the economic struggles faced by the middle and working classes during the same period. As the rich get richer, the income disparity between them and the rest of the population continues to widen.
It’s disheartening to see such an enormous amount of money being concentrated in the hands of a few individuals while the vast majority of people struggle to make ends meet. The fact that nearly four out of five billionaires reside in G20 nations only underscores the extent of this wealth gap on a global scale.… Continue reading
Ultra-rich entrepreneurs threatening to desert Britain over tax? Let them go. It’s time for countries to call the bluff of these individuals who believe they can dictate terms based on their wealth. The idea of the ultra-rich fleeing to tax havens like Switzerland or Singapore should not deter policymakers from implementing fair tax policies. These billionaires rely on the infrastructure and resources of the countries they operate in, so they can’t simply up and leave without consequences.
The argument that these individuals contribute to society by driving up home prices and funding high-end services that benefit only themselves is flawed. The accumulation of extreme wealth often comes hand in hand with corruption and exploitation.… Continue reading
It’s no secret that we live in an oligarchic society. The insatiable greed of American oligarchs is on full display, with billionaires wielding disproportionate power and influence over our democracy. It’s concerning how easily a billionaire like Elon Musk can purchase a significant stake in the virtual public square and shape it to align with his own ideological values. The flaunting of wealth and power by these individuals is downright unseemly, highlighting the deep-rooted inequalities that exist in our society.
The passage of laws like the Taft-Hartley Act, which criminalized the means by which labor unions could leverage the strength of the working class, paved the way for the rise of the post-WWII oligarchy.… Continue reading
Elon Musk donating to Trump to swing the 2024 race is a disturbing development that underscores the power and influence of the ultra-wealthy in shaping the political landscape of the United States. The fact that Musk, the richest person in the world, is throwing his vast fortune behind a divisive and controversial figure like Trump raises serious questions about the future of democracy and governance in our country.
It is deeply concerning to see someone with such immense wealth and resources support a candidate like Trump, who has been widely criticized for his divisive rhetoric and policies. Musk’s donation to Trump, through the America PAC, is a clear sign of his willingness to use his money to sway political outcomes in favor of his own interests.… Continue reading
John Q. Hosedrinker 
Matt Underwood