A top 5 reason to implement a wealth tax is related to this point below about China eating our lunch. If our super rich class was leading the world when it came to frontier industries, that would be a strong case to let them keep cooking.
Instead, their focus the past 15-20 years has been on building monopolies and moats, propping it up with ever-more-absurd financial engineering, media consolidation with the aim of stoking culture war and blunting criticism of Israel, which for some odd reason is supposed to be a national priority for us — all while falling behind China on robotics, batteries, EVs, and so on. We’re barely winning on AI if at all. They cheered as Trump effectively repealed the IRA, the biggest investment in new energy production in decades, and are now crying that there isn’t enough energy production for their AI.
If our billionaires were winners, we might consider defending them.
But our billionaires are losers, in several senses of the word, and they embarrass us on the international stage. A wealth tax will take them down a few pegs and hopefully let some winners rise up. We no longer have a meritocracy so it’s time to strip the participation medals from these monopolists.
So no, a wealth tax is not punishing you for your success. It’s punishing you for failure. Don’t like it? Stop losing.
@quesoliker@azwolk They have no idea what their campaign is about. Endlessly attacking someone for educating the public using books and a podcast and droning on and on about a handful of endorsements. Good luck with that! 😂
Tonight, I’ll be debating an empty lectern.
@JaredEMoskowitz dropped out of tonight’s debate hosted by the Broward and Miami-Dade Democratic Black Caucuses (@RealBCDBC & @MiaBlkCaucus). He has never held a town hall in the new FL-25. Now he won’t face its voters.
I’ll be there.
In 2009, @VanJones68 was forced to "resign" from the Obama Admin after 6 months because Fox News and establishment Democrats denounced him as "the radical left": due to his prior support in the 1990s for Mumia Abu-Jamal, calling a GOP member an "asshole," allegedly signing a petition suggesting Bush did 9/11, etc. His glaring, oozing career ambitions lay in ruins as he was kicked out of decent DC power centers for transgressing too many ideological lines and comportmental rules.
That's when he realized that wealth and celebrity awaited him only if he were willing instead to transform himself into a vehement defender and guard of establishment dogma, a useful tool for those who had just struck him down.
So that's exactly what he did. He renounced his prior "radical" views, repeatedly apologized for his transgressions, became a stalwart, weepy advocate of deary DC media conventional wisdom, and began playing the new TV character his script required: the moderate, sensible liberal who just wants to bring everyone together in the safe, status-quo-perpetuating middle.
His real function: to begin every sentence with "I'm a progressive Democratic" -- the subtext: a black progressive Democrat! -- and then denounce the populist left (and populist right) for crossing the political and ideological lines that he was told to vigorously police and uphold: the lines which nobody is permitted to cross without being denounced and excluded the way he once was. "Look: they're too extreme even for Van Jones!" He was there to protect his establishment bosses by punishing the excesses of the "extremes on both sides": just as he had once been punished by them almost to the point of career destruction.
His service as the "black progressive policeman" for the DC establishment and its dual religious planks of corporatism and militarism were predictably very valuable to them, and very lucrative for him. He got larger and larger CNN contracts. Jeff Bezos gave him $100 million to hand out however he wanted. Jay-Z hired him to lead a new group, etc. etc. Book deals from large NYC publishing houses flowed in, etc. etc.
Since October, 2023, he saw the real opening, one that would catapult him upward even further into the top echelons of establishment servitude: turn himself into the most devoted "liberal media" loyalist to Israel, the most militant defender of Tel Aviv's reputation, as global support for that country collapsed. He dutifully wore his little yellow ribbon pin every day for years on TV as if it were tattooed onto him. He cackled with Bill Maher about how annoying it is to keep hearing all this whining about "dead babies in Gaza." With his patented fake TV tears in his eyes, he heralded Israel as our great ally, and talked about how worried he was for his beloved Jewish friends as anti-Semitism grew on the left and right.
Now he's here to boast that "leaders in both parties" called him this week to profusely thank him for his service to the bipartisan DC agenda. The once-wannabe radical has fully transformed into a prime media instrument for the establishment that once threatened to destroy him. Both parties are now grateful to him for defending their prerogatives and positions.
One thing is for sure: other than Jake Tapper and Dana Bash, nobody's future is brighter at CNN once Larry Ellison's son buys up Warner Brothers and CNN and puts Bari Weiss in charge with the sole mandate to turn the network into an even more vigorous Israeli propaganda network than CBS News has become.
@vkhosla@Stanford@Google@sundarpichai Old man with too much money yells and shakes his fist into the void completely missing the point. Great example of why we need to tax wealth not work! Billionaires like this should not exist.
It’s going unnoticed because so much other news is happening, but the war drums are beating again in D.C. The warmongers worry this is their last chance to get the white whale they’ve been chasing for thirty years, an all-out regime change war against Iran.
A new Middle East war would be a catastrophic mistake. Our military stockpiles are depleted from three years of backing Ukraine. Our effort to reshore manufacturing has only just begun and will take years to bear fruit. War would worsen our already immense deficit and national debt. Iran is larger than Iraq, Syria, and Afghanistan combined. A war would not be easy and could easily become a calamity.
Thanks to President Trump’s restraint during his first term, America has a golden opportunity to pull away from Middle East quagmires for good. We shouldn’t throw that opportunity away so that sone D.C. has-beens can feel tough by sending young Americans to die yet again.
@RTWatchDesk @livinwlouiedog @BowesChay You seem interested in discrediting the idea of performing analysis. How will we know if there is anything to these breadcrumbs if we listen to people like you? You smell agenda driven.
@ChrisWeber93@JohnGal20571788@davidsirota Right? These people are not good story tellers. Imagine longing for the days when your insurance provider could deny you for pre-existing conditions.
The "news" is now almost 100% everything other than the unprecedented financial pillaging of 99.9% of the country at every minute of every day.
Literally, this is no longer even a momentary topic of media coverage or political conversation in America.
Almost nobody with any significant power or platform in politics or media or in the political party fan clubs seems particularly interested in discussing, spotlighting, focusing on or organizing against the absolutely grotesque looting of every day life in this country - and the algorithms, the news outlets, the party noise machines and all the spectacular scandals and violence and political theatrics collude to make sure that interest in the looting never increases.
It's just completely incredible, unprecedented and ahistorical. Truly - a new dystopian reality.
"Would you support or oppose creating a national health insurance program, sometimes called "Medicare for All,"
that would cover all Americans and replace most private health insurance plans?"
Support: 65%
Oppose: 26%
Data For Progress / Nov 17, 2025
@ryangrim On what planet did you ever think this particular model could be trusted with human history? We'll need to consider the source and ignore as appopriate as these billionaires attempt to re-write history in the laziest way possible.