#not with this congress and president
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mariacallous · 16 hours ago
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In 2024, wealth concentration rose to an all-time high. According to Forbes’ Billionaires List, not only are there more billionaires than ever—2,781—but those billionaires are also richer than ever, with an aggregate worth of $14.2 trillion. This is a trend that looks set to continue unabated. A recent report from the financial data company Altrata estimated that about 1.2 million individuals who are worth more than $5 million will pass on a collective wealth of almost $31 trillion over the next decade.
Discontentment and concern over the consequences of extreme wealth in our society is growing. Senator Bernie Sanders, for instance, stated that the “obscene level of income and wealth inequality in America is a profoundly moral issue.” In a joint op-ed for CNN in 2023, Democratic congresswoman Barbara Lee and Disney heiress Abigail Disney wrote that “extreme wealth inequality is a threat to our economy and democracy.” In 2024, when the board of Tesla put to vote a $56 billion pay package for Elon Musk, some major shareholders voted against it, declaring that such a compensation level was “absurd” and “ridiculous.”
In 2025, the fight against rising wealth inequality will be high on the political agenda. In July 2024, the G20—the world’s 20 biggest economies—agreed to work on a proposal by Brazil to introduce a new global “billionaire tax” that would levy a 2 percent tax on assets worth more than $1 billion. This would raise an estimated $250 billion a year. While this specific proposal was not endorsed in the Rio declaration, the G20 countries agreed that the super rich should be taxed more.
Progressive politicians won’t be the only ones trying to address this problem. In 2025, millionaires themselves will increasingly mobilize and put pressure on political leaders. One such movement is Patriotic Millionaires, a nonpartisan group of multimillionaires who are already publicly campaigning and privately lobbying the American Congress for a guaranteed living wage for all, a fair tax system, and the protection of equal representation. “Millionaires and large corporations—who have benefited most from our country’s assets—should pay a larger percentage of the tab for running the country,” reads their value statement. Members include Abigail Disney, former BlackRock executive Morris Pearl, legal scholar Lawrence Lessig, screenwriter Norman Lear, and investor Lawrence Benenson.
Another example is TaxMeNow, a lobby group founded in 2021 by young multimillionaires in Germany, Austria, and Switzerland which also advocates for higher wealth taxation. Its most famous member is the 32-year old Marlene Engelhorn, descendant of Friedrich Engelhorn, founder of German pharma giant BASF. She recently set up a council made up of 50 randomly selected Austrian citizens to decide what should happen to her €25 million inheritance. “I have inherited a fortune, and therefore power, without having done anything for it,” she said in a statement. “If politicians don’t do their job and redistribute, then I have to redistribute my wealth myself.”
Earlier this year, Patriotic Millionaires, TaxMeNow, Oxfam, and another activist group called Millionaires For Humanity formed a coalition called Proud to Pay More, and addressed a letter to global leaders during the annual gathering of the World Economic Forum in Davos. Signed by hundreds of high-net-worth individuals—including heiress Valerie Rockefeller, actor Simon Pegg, and filmmaker Richard Curtis—the letter stated: “We all know that ‘trickle down economics’ has not translated into reality. Instead it has given us stagnating wages, crumbling infrastructure, failing public services, and destabilized the very institution of democracy.” It concluded: “We ask you to take this necessary and inevitable step before it’s too late. Make your countries proud. Tax extreme wealth.” In 2025, thanks to the nascent movement of activist millionaires, these calls will grow even louder.
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relaxedstyles · 4 months ago
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reasonsforhope · 6 months ago
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THANK FUCKING GOD
"The Supreme Court on Thursday [June 13, 2024] unanimously preserved access to a medication that was used in nearly two-thirds of all abortions in the U.S. last year, in the court’s first abortion decision since conservative justices overturned Roe v. Wade two years ago.
The nine justices ruled that abortion opponents lacked the legal right to sue over the federal Food and Drug Administration’s approval of the medication, mifepristone, and the FDA’s subsequent actions to ease access to it. The case had threatened to restrict access to mifepristone across the country, including in states where abortion remains legal.
Abortion is banned at all stages of pregnancy in 14 states, and after about six weeks of pregnancy in three others, often before women realize they’re pregnant.
Justice Brett Kavanaugh, who was part of the majority to overturn Roe, wrote for the court on Thursday that “federal courts are the wrong forum for addressing the plaintiffs’ concerns about FDA’s actions.”
The opinion underscored the stakes of the 2024 election and the possibility that an FDA commissioner appointed by Republican Donald Trump, if he wins the White House, could consider tightening access to mifepristone, including prohibiting sending it through the mail...
Kavanaugh’s opinion managed to unite a court deeply divided over abortion and many other divisive social issues by employing a minimalist approach that focused solely on the technical legal issue of standing and reached no judgment about the FDA’s actions...
While praising the decision, President Joe Biden signaled Democrats will continue to campaign heavily on abortion ahead of the November elections. “It does not change the fact that the right for a woman to get the treatment she needs is imperiled if not impossible in many states,” Biden said in a statement...
About two-thirds of U.S. adults oppose banning the use of mifepristone, or medication abortion, nationwide, according to a KFF poll conducted in February. About one-third would support a nationwide ban...
More than 6 million people [in the U.S.] have used mifepristone since 2000. Mifepristone blocks the hormone progesterone and primes the uterus to respond to the contraction-causing effect of a second drug, misoprostol. The two-drug regimen has been used to end a pregnancy through 10 weeks gestation...
Biden’s administration and drug manufacturers had warned that siding with abortion opponents in this case could [have] undermined the FDA’s drug approval process beyond the abortion context by inviting judges to second-guess the agency’s scientific judgments. The Democratic administration and New York-based Danco Laboratories, which makes mifepristone, argued that the drug is among the safest the FDA has ever approved."
-via AP, June 13, 2024
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Note: A massive relief and a genuine victory - this will preserve access to the medication used in 2/3rds of abortions last year, for at least another 2 years. (Probably minimum time it will take Republicans to get their next attempt before the Supreme Court.)
Still, with this, a sword that has been hanging over our heads for the last two years is gone. There will be a new one soon, but we just bought ourselves probably at least 2 years. The fight isn't over, but this is absolutely worth celebrating.
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godisarepublican · 4 months ago
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fuckyeahmarxismleninism · 5 months ago
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By Oona A. Hathaway
What most analysts have failed to note, however, is that this lack of legal accountability for decisions by the U.S. president, including decisions to direct the military to use lethal force, is nothing new. It has long been the reality for most of the world outside the United States. For decades, American presidents have waged illegal wars, plotted to assassinate foreign leaders, unlawfully detained and tortured people, toppled democratic governments, and supported repressive regimes without any possibility of legal accountability in either domestic or international courts.
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afriblaq · 4 months ago
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thashining · 2 months ago
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Once Again....
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simply-ivanka · 9 months ago
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vintageseawitch · 3 months ago
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to everyone who is still not going to vote for Harris or will vote third party because of Gaza: please say with your whole chest that you want trump to win. we're living in the real world & it sucks but it's between the two. just say that you're perfectly okay with Project 2025 being implemented. just say that you're fine with mass deportations, another Muslim ban, people being sent to camps, people getting serial numbers, millions of women at risk for reproductive reasons, more oil drilling than ever before as they deny climate change. tell anyone you care about that is worried about any of these things that you are okay with all of this happening. no matter who we get, things will be happening over there. if you don't want to help your own house, how can you possibly help anyone else's?
"if she loses, just know it's because of her policies. they should have chosen a better candidate." THIS IS SUCH A COPOUT. we're going to have someone in charge of our military one way or another so they are ALL warmongers!! y'all have no fucking clue how this government works!! you're not marrying your candidate & to wait for someone perfect means you never live in the real world anyways.
it won't be entirely your fault if she loses, but if you're working harder for her to lose it's not good. just say that because we live here, we ALL deserve what we're gonna get, & that's including you because you're going down with the rest of us.
there's this thing called "being concerned about more than one thing" & another is telling everyone vulnerable around you that your principles matter more than other real people. where is the anger for Congress. for trump meeting with netanyahu & violating the Logan Act to do that. there's so much at stake in this election. who would you feel safer to protest under? whatever, y'all think they're "the same." we won't get your votes? odds are, a bunch of y'all will get deported anyways should he win. good luck.
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kiralou02 · 2 months ago
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A small boy asks his Dad, "Daddy, what is politics?"
Dad says, "Well son, let me try to explain it this way: I'm the breadwinner of the family, so let's call me Capitalism.
Your mom, she's the administrator of the money, so we'll call her the Government.
We're here to take care of your needs, so we'll call you the People.
The nanny, we'll consider her the Working Class.
And your baby brother, we'll call him the Future.
Now, think about that and see if that makes sense." So the little boy goes off to bed thinking about what Dad has said. Later that night, he hears his baby brother crying, so he gets up to check on him. He finds that the baby has severely soiled his diaper. The little boy goes to his parents' room and finds his mother sound asleep. Not wanting to wake her, he goes to the nanny's room. Finding the door locked, he peeks in the keyhole and sees his father having sex with the nanny. He gives up and goes back to bed.
The next morning, the little boy says to his father, "Dad, I think I understand the concept of politics now." The father says, "Good, son, tell me in your own words what you think politics is all about." The little boy replies, "Well, while Capitalism is screwing the Working Class, the Government is sound asleep, the People are being ignored and the Future is in Deep Shit."
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deadpresidents · 5 months ago
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You're suggesting that I read a book about LBJ???
Should I pick one from this bookcase, or the other FULL bookcase I have that entirely consists of books about Lyndon Baines Johnson and/or the Johnson Administration?
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The idea that Lyndon Johnson had to be "dragged to sign the civil rights act by a republican congress" is as laughable as the claim that Donald Trump did more for Black people than any President since Lincoln. Republicans were absolutely essential to passing LBJ's multiple pieces of significant civil rights legislation but Lyndon Johnson was the driving force behind every civil rights bill that he signed into law. Any brief study of the Civil Rights Movement or time spent listening to the tapes of President Johnson's phone calls tirelessly working to win Republican votes clearly tells the actual story.
The passage of LBJ's most important civil rights legislation -- particularly the Civil Rights Act of 1964 and Voting Rights Act of 1965 -- was the result of LBJ's incredible mastery of the legislative process and fierce determination to enact meaningful civil rights laws. And if you don't want to take my word for it, go back and read what Black leaders since Martin Luther King Jr. have been saying for nearly 60 years about LBJ's essential role as a leader and as a partner in getting real legislation pushed through Congress and formally signed into law. John F. Kennedy couldn't have accomplished what LBJ did on civil rights and there's not a Republican President who would have even tried.
There are plenty of subjects that I am not even close to being an expert about, but I can guarantee you that I've studied Lyndon Johnson extensively and his accomplishments in domestic policy -- specifically civil rights -- is one area where I know what I am talking about.
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onlytiktoks · 3 days ago
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relaxedstyles · 3 months ago
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😳
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ridenwithbiden · 5 months ago
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godisarepublican · 5 months ago
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eugenedebs1920 · 2 months ago
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One of the beautiful things about how our representative democratic constitutional republic works is the varying opinions. The array of views and theories, the proposals and approaches, from the patchwork of ideology America has attracted, gives us the opportunity to select the peak ideas of so many backgrounds and cultures. Many of the founders, Washington in particular, were against the formation of political parties. Because of such contrasting views this was unavoidable.
There used to be a dozen or more political parties in the U.S. Wigs, federalist, socialists, labor and others brought their perspectives and that of their constituency to Congress. This enabled a more zoomed in viewpoint of the issues across the nation.
Our Population in this country, and the planet as a whole, has BOOMED! With it, so have perspectives, concerns and opinions. It becomes harder and harder to address everyone’s needs when the diversity and size of those you’re representing is so vast. This becomes even more burdensome when there’s red and blue to choose from. The puppet on the left or the puppet on the right.
I’ll have to do more research into why exactly but some time between the beginning on the twentieth century and 1940’s the cluster of political parties that had existed before pretty much consolidated in the two that dominate now. Sure, there are other parties out there, but not with much influence, or power as there was before the Second World War.
From a business perspective this makes sense, you buy out your rival for less competition so you can set market value to your liking. But this is not a business, some will argue the federal government is the largest business on earth. It goes beyond the financial side to the personal level. These are policies and practices that have real world implications. That affect real people lives in droves.
This “big tent” approach sounds wonderful in theory, but when you start looking at the details it becomes much more complicated. The extremes of both sides tend to be the loudest voices while representing the smallest fraction of the party.
It has proven to be detrimental to the functioning or our democracy! With just the two sides, when one side is unhealthy, unhappy and unwilling to compromise the system bogs. This last House term being an excellent example. These MAGA obstructionist sinking the ship. Making an ass out of themselves and the entire Republican Party. A party that used to be a proud, noble group, resorted to lacking leadership for months, failed vote counts and the title as the least productive Congress in this century. The “big tent” approach for the Republican Party has the loudest voices being heard while the mature, responsible, more centered Republicans are lumped in with them.
The same can be true of the left to an extent. Dems will kick those with unacceptable behavior words or conduct to the curb though, which is a huge difference. Yet there are extremes on the left that don’t necessarily reflect the views of most Democrats.
This, winner take all grasp for power has lessened the effectiveness and stature of the political spheres in this country. So it’s down to the puppet on the left or the puppet in the right. A brown paper bag with a name on it.
So we have the two parties with the two extremes. One party despite its downfalls wants to govern. Wants to see progress. Wants to enact change.
The other is fighting culture wars, denying science, and tiptoeing a line on bigotry that is stepped over habitually. Their method as the “party of no” which they labeled themselves during the Obama years does NOTHING for the citizens of this country. The obstructionist approach of saying no because the other side proposed it is not helpful, if you’d call it governing at all! The “war on woke” and this owning the libs thing is some childish, useless sh*t! Cutting off your nose to spite your face. Can we have representatives who actually work together and find compromise to accomplish SOMETHING!!!?
Anyway… There’s only one healthy party in America right now. And it sure ain’t the Republican MAGA Party…
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