@rbreich@masto.ai
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rbreich

@rbreich@masto.ai

Berkeley professor, former Secretary of Labor. Co-founder of Inequality Media. Sign up for updates, analysis and drawings: http://robertreich.substack.com

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rbreich, to random
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50 billionaire families have already poured $600M+ into this year's elections — mostly in support of Trump.

That's only 0.6% of their total wealth. It essentially costs them nothing to drown our democracy in dark money.

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The Roberts Supreme Court is the worst since the shameful days of Roger Taney’s Supreme Court.

Alito, Thomas, Roberts, and the three Trump appointees are Republican partisan hacks.

We need radical reform — and we need it the moment Dems regain control of Congress.

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Trump's most obvious lies (like pretending he never led chants of "lock her up) are perhaps the most disturbing.

Telling lies that everyone knows are lies is a classic tactic of dictators to force their followers to side with them over the truth itself.

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Trump claims his trials are "political."

But he's been in legal trouble for decades for cheating contractors, running a scam university, & housing discrimination.

He's not being tried because he's running for office. If anything, he's running for office to escape his trials.

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The more Trump can tear down democracy, the safer the oligarchy becomes.

This is why the billionaires who once disavowed him are quietly crawling back.

The ultra-rich will do anything to protect their wealth and power.

That includes destroying democracy itself.

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Remember: Trump asked oil execs at Mar-a-Lago for $1 billion for his campaign.

In return, Trump pledged to reverse environmental protections and cut their taxes.

The deal would net Big Oil $110 billion in tax breaks — 11,000% more than a $1 billion donation.

Utter corruption.

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Trump has told oil execs he would:

-Immediately expand drilling

-Gift the industry $110 billion in tax breaks

-Reverse environmental protections in exchange for $1 billion in campaign contributions

This is a man who's literally willing to sell out the future of our species.

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Why are multimillionaires and billionaires like Peter Thiel, Rupert Murdoch, Travis Kalanick, Steven Mnuchin, and others are rallying behind Trump?

Yes, the tax cuts. But there's more.

The more Trump tears down democracy, the safer the oligarchy becomes.

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Facing more than half a billion dollars in legal judgments and fees, Trump just sold his $10 million jet to one of his megadonors.

Is the fire sale beginning?

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There is no question about it: Alito, Thomas, Roberts, and the three Trump Supreme Court appointees are all Republican partisan hacks.

Pass term limits. Expand the court. Enact an enforceable code of ethics.

Dems must do this the moment they gain back control of Congress.

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Billionaires aren’t just supporting Trump for the tax cuts.

As Peter Thiel once admitted: “I no longer believe that freedom and democracy are compatible.”

Make no mistake: The goal of American oligarchy is to tear down democracy itself.

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It shouldn't be harder for someone who's served time and expressed remorse for a single crime to get a fast food job than it is for a remorseless criminal convicted of 34 felonies to ascend to the highest office in the land.

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Remember: Trump's jury was made up of ordinary citizens — selected with input from Trump's own lawyers. The jurors were not politicians or members of the "Deep State." They were Americans who did their civic duty.

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When Trump says, "The real verdict will be on November 5," he's basically admitting the the purpose of his presidential campaign is try to escape the consequences of his crimes.

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Is Dynastic Wealth Destroying Democracy? | The Coffee Klatch with Robert Reich https://www.youtube.com/watch?v=h2Y1zdw6v58&utm_source=dlvr.it&utm_medium=mastodon

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34 felony convictions
54 pending criminal charges
2 impeachments
2 popular vote losses
$88M owed to E Jean Carroll
$450M owed for civil fraud
$8T added to nat'l debt
2.9M net loss of jobs

Is this what Trump meant when he promised "numbers like we've never seen"?

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TRUMP: If they can do this to me, they can do this to anyone.

Yes. If you commit 34 felonies by filing false business records to cover up election interference, you too can be convicted by a jury of your peers via the due process of our criminal justice system.

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Myth 1: "Economics is Objective" I 10 Economic Myths Debunked https://www.youtube.com/watch?v=9j3PCm1izjI&utm_source=dlvr.it&utm_medium=mastodon

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Where are the editorials calling for Trump to drop out of the race and allow Republicans to choose a non-felon as their nominee?

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Debunking Myth #1: “Economics is an objective science that has nothing to do with politics or morality. Or power.” https://robertreich.substack.com/p/debunking-myth-1-economics-is-an?utm_source=dlvr.it&utm_medium=mastodon

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