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.

  • bradd@lemmy.worldEnglish
    11·
    15 days ago

    Even the people who set this government up don’t trust government. Given the same opportunity, most people who would set a government up would do so trusting only the government and not the people.

    How is that so hard for you understand?

    • queermunist she/her@lemmy.ml
      23·
      15 days ago

      They didn’t trust the government because they were rich people and didn’t want a democratic check on their own personal power.