Robert Reich: 50 billionaire families have spent $600 million+ on the 2024 elections, which is .06% of their total wealth. The equivalent donation for an avg household would be ~$100. This means 50 billionaires have the political-spending capacity of 6 million American families. Oligarchy.

50 billionaire families have spent $600 million+ on the 2024 elections, which is .06% of their total wealth. The equivalent donation for an avg household would be ~$100. This means 50 billionaires have the political-spending capacity of 6 million American families. Oligarchy.

also... about those trickle-down shenanigans "'...between 1981 and 2021 transferred $50 trillion from the bottom 90% of the U.S. to the top 1%'" digbysblog.net/2024/05/24/d...

“Democracy has been stolen” - Digby's Hullabaloodigbysblog.net So say those working to steal it

AND, they want to double down on giving the rest of our hard-earned dollars to the rich...it's all they know. www.msnbc.com/rachel-maddo...

Despite failures, GOP eyes new tax breaks for rich, corporationswww.msnbc.com The Republicans' last round of tax breaks for the wealthy and big corporations didn't work. The GOP is eager to double down on failure anyway.

They also have built in force multipliers because of the influence their capital has on industry and economies. They also coordinate (see the phone tree used to lean on NYC to crack down on Gaza protestors) www.washingtonpost.com/nation/2024/...

Business titans privately urged NYC mayor to use police on Columbia protesters, chats showwww.washingtonpost.com A WhatsApp chat started by some wealthy Americans after the Oct. 7 Hamas attack reveals their focus on New York Mayor Eric Adams and their work to shape U.S. opinion of the Gaza war.

Untenable

Can the masses wake up and give the country progressive super-majorities to fix this mess? It's the only solution. Otherwise we sink further into dysfunction until revolution and political upheaval are the only way out.

Nah. Their spending "capacity" could be much higher. So far this is all they've chosen to spend.

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