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.

  • Saint_La_Croix_Crosse@midwest.social
    11·
    10 days ago

    Donald Trump is very anti-China and Russia post-shock therapy is a far-right neoliberal hell hole. Your worldview is flipped and twisted.

    Oh, reversing the federal deficit by cutting social spending, totally progressive and not far-right Reaganism. Totally opposing the Republicans rather than being right-wing and simple enough to buy into the Republican kayfabe about the deficit…

    • finitebanjo@lemmy.world
      12·
      10 days ago

      Donald Trump is Anti-Nato and a poison to the USA, if the military allied CCP and Putin were opposed to Trump they’d be insane to do so. Also, Trump vowed to stop the ban of CCP operated TikTok.

      You think Trump is anti-China for what? Tariffs? China doesn’t even pay those tariffs, and the Tariffs are as wide as Canada, Mexico, and BRICKs.

      And yeah, there is nothing “small government and deregulatory” about maintaining and empowering the federal government like Bill Clinton did. Moron.

      • Saint_La_Croix_Crosse@midwest.social
        13·
        10 days ago

        Trump is very incoherent and contradictory, but his anti-NATO positions are just that he thinks that the US should be isolationist. The liberal opposition is that, lacking a positive position or vision, liberalism needs a new Cold War to define themselves purely in opposition to other nations. Russia and China are not formally aligned, but they are willing to work together and increase trade with each other out of mutual ostracization and opposition to US demonization. Same reason Iran and North Korea are in the same axis of opposition, purely allied out of mutual interest in resisting US opposition, than any other mutual ideology or interest.

        The Tariffs are still harmful to China, it is an export economy. Yes the US firms pay it, but it drives up the cost and therefore reduces sales of the products, so it is still harmful to China, even if it is still not how Trump implied it works, with the Chinese government just paying money out of their treasury or whatever. Trump started the banning of TikTok in his first term. Again, he is really incoherent and stupid, and probably backing off due to his supposed support amongst internet media.

        Ah yes, cutting social spending and (Bill Clinton actually did do) deregulation means that Bill Clinton “empowered” government. Republicans would never reduce social spending and regulations. Even if it reduced the deficit, and increased the police and military. That is totally different that what Republicans would support.

        • finitebanjo@lemmy.world
          11·
          10 days ago

          Russia and China were operating a Joint Naval Fleet in the Pacific starting years ago, get fucking real.

          This is the problem with talkong to you tankies and right wingers, you can just make shit up all day long and it takes more effort to correct you.

          • Saint_La_Croix_Crosse@midwest.social
            11·
            10 days ago

            You are the one making shit up. I am taking the, albeit misguided effort, to correct you and your misinformation. That is the problem with liberals, they love Dezinformatsia just as much as right-wingers. They just use more high-brow words while doing it.