Punditry StaffAmerica needs its villains. Whether the villains in Captain America movies, or domestic villains, which, over the last five years, excessively wealthy billionaires have fit the bill as their fortunes rise exponentially, but the quality of life of working people remains stagnant. If you want to get people on your side, just blame the billionaires class, as UAW President Shawn Fain did recently to justify the autoworkers’ upcoming strike. Today, greed has become socially unacceptable when government subsidies to the likes of Elon Musk, and billionaire tax cheats costing the U.S. government up to $1 trillion, foster mistrust and scorn.
Whether billionaires are to blame for our economic troubles is a question economists must answer, even though they are certainly to blame for our political troubles with their dark money corruption and interference to enrich themselves further.
Today, many Americans believe the United States is turning into an oligarchic society where the very few have total control over the whole U.S. Government. That belief is not too far from the real truth.
The corruption is mind-boggling, really.
THE BACKLASH IS JUST STARTING
Further backlash is on its way as the American people become more and more aware of the behind-the-scene manipulation of politics to benefit this new class of greedy billionaires. Organizations, like ProPublica, are at the forefront of blowing wide open their corruption. Today, the news investigative body is pursuing more stories of corruption, with regard to Supreme Court Justices, that might truly shock Americans.
The stories center on how billionaires are buying our laws at the Supreme Court level. It is not enough to impose on Congress writing laws for their own self enrichment, but some are active in influencing rulings of the Supreme Court. The corruption is mind-boggling, really. This is leading to a sense that greed has become socially unacceptable, and the first victims are going to be the billionaires overstepping over the Constitution by stepping on the voters.
The working people backlash against the billionaires’ greed is just starting.
TENS OF BILLIONS IS NOT ENOUGH
It is fair to say that the billionaires brought it upon themselves. Billions are not enough. They need tens of billions. And tens of billions seem to have become passé when some reach $100 billions or more in wealth. You can bet the top ten are racing to become the first trillionaire. But if it is impossible through normal business practices, then they are willing to buy people, laws, and even the White House to achieve that goal.
For Americans to be weary of billionaires is right on the money. Not all of them, of course. But the ones who are politically motivated. Like Charles Koch, Elon Musk, and Barre Seid.
The working people backlash against the billionaires’ greed is just starting. How it will end is anybody’s guess. We believe it may change the way Congress operates, which is good for this country. We believe people will revolt eventually against Congress for allowing itself to be bought by billionaires like cattle in a farm.
Not only that, but we are fast heading towards an era of redemption. An era where the people might wrestle control of their country from the corrupt rich. For good this time, we hope.
Greed Has Become Socially Unacceptable
Punditry Staff
