Trump & Musk have proved that the US is a true plutocracy & not a democracy. Musk bought Trump for $277 million in campaign contributions, which Chief Justice Roberts allowed in 2010 & Trump has now nominated 11 billionaires to top positions who all work for their interests. - ThreadSky

andersaslund.bsky.social • 73 days ago

Trump & Musk have proved that the US is a true plutocracy & not a democracy. Musk bought Trump for $277 million in campaign contributions, which Chief Justice Roberts allowed in 2010 & Trump has now nominated 11 billionaires to top positions who all work for their interests.

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expirydate01.bsky.social•73 days ago

At the end these billionaires will be cashing massively through bitcoins and will leave an imploded USA behind. It is a tragedy in the making

bitcoinispeace.bsky.social•73 days ago

Nope they will be cashing massively through cash. Like they have been for decades

Trump will deregulate and print money. Inflation will come back with a vengeance. 2028 is gonna be tough

expirydate01.bsky.social•73 days ago

Many of them got "rich" by bitcoin. Before DJT ends his term they will indeed sell bitcoin and leave a deflated bitcoin market behind.

bitcoinispeace.bsky.social•73 days ago

Can u name one bitcoin billionaire? They all got rich via our corrupt financial system.

Sure we got $2k stimulus… but they got billions for 0% interest

expirydate01.bsky.social•73 days ago

https://www.opensecrets.org/news/2024/07/pro-crypto-super-pacs-pouring-tens-of-millions-into-2024-elections/ President Musk to start with,,, and tell me how much tax do bitcoin owners pay to maintain let's say vital infrastructurein the USA?

bitcoinispeace.bsky.social•73 days ago

Bitcoiners pay capital gains tax same as any other investor. Either selling or spending your bitcoin counts as a taxable event. Since every transaction is recorded permanently and publicly, its much more difficult to dodge taxes compared to regular USD transaction

duanehere.bsky.social•73 days ago

Musk served as a literal, "Get Out of Jail Free" card for Drumpf, so DJT is beholden and must dance to the tune Musk plays.

jnavas.com•73 days ago

Hog Heaven.

sundogalpha.bsky.social•73 days ago

Somebody needs to revise and re-release that 70s US civics cartoon “how a bill becomes a law”

jas-gar.bsky.social•73 days ago

That's what is called graft, corruption and anit-American by those that love what this country is supposed to stand for Instead of working to become a more perfect union, some have decided to take us further in to the pits of oligarcy, theocracy and idiocracy.

citizensullivan.bsky.social•73 days ago

SCOTUS actually allowed this in the 1970s, when Buckley v Valejo established the false equivalence between spending and expression.

johnhatchard.bsky.social•73 days ago

#Oligarchy vs #Plutocracy

#StandUp

carolannete.bsky.social•73 days ago

And it was all done under the banner of "populism."

epistemicrisis.bsky.social•73 days ago

It is an absolute sad state of affairs.

uslatino.bsky.social•71 days ago

https://bsky.app/profile/uslatino.bsky.social/post/3ldghmzms4s2h

defundmaga.us•73 days ago

We cannot forget that MAGA is built from unexamined racism and sexism. The money isn't the only story. It's the worldview the Billionaire's money propagated. #DefundMAGA

oleichristensen.bsky.social•73 days ago

Звучит довольно знакомо, не правда ли? 😏

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