#not with this congress and president
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In 2024, wealth concentration rose to an all-time high. According to Forbesâ Billionaires List, not only are there more billionaires than everâ2,781âbut 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 âobscene level of income and wealth inequality in America is a profoundly moral issue.â In a joint op-ed for CNN in 2023, Democratic congresswoman Barbara Lee and Disney heiress Abigail Disney wrote that âextreme wealth inequality is a threat to our economy and democracy.â 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 âabsurdâ and âridiculous.â
In 2025, the fight against rising wealth inequality will be high on the political agenda. In July 2024, the G20âthe worldâs 20 biggest economiesâagreed to work on a proposal by Brazil to introduce a new global âbillionaire taxâ 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 wonât 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. âMillionaires and large corporationsâwho have benefited most from our countryâs assetsâshould pay a larger percentage of the tab for running the country,â 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 âŹ25 million inheritance. âI have inherited a fortune, and therefore power, without having done anything for it,â she said in a statement. âIf politicians donât do their job and redistribute, then I have to redistribute my wealth myself.â
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 individualsâincluding heiress Valerie Rockefeller, actor Simon Pegg, and filmmaker Richard Curtisâthe letter stated: âWe all know that âtrickle down economicsâ has not translated into reality. Instead it has given us stagnating wages, crumbling infrastructure, failing public services, and destabilized the very institution of democracy.â It concluded: âWe ask you to take this necessary and inevitable step before itâs too late. Make your countries proud. Tax extreme wealth.â In 2025, thanks to the nascent movement of activist millionaires, these calls will grow even louder.
#it's nice to think about but it's not going to happen anytime soon#not with this congress and president
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#tiktok#elon musk#us treasury#us government#us govt#us politics#us presidents#elongated muskrat#fuck elon#elongated man#treasury department#donald trump#fuck trump#president trump#trump#trump can go fuck himself#democrats#congress#congressman#congresswoman#us congress#us state representative#state representative#trump is a threat to democracy#trump is the enemy of the people#trump is a criminal#trump cabinet
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Elon Musk who is an unelected billionaire who does not have have Congressional authority to halt payments and access millions of personal information and SSN numbers from Americans has forced himself and his 6 college student workers into the US Treasury while duly elected members of Congress who have access to federal buildings are denied entry.
The Oligarchy has taken over the federal government under the guidance of Donald Trump
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#donald trump#potus#president trump#us politics#breaking news#politics#news#president of the united states#tumblr#united states politics#us treasury#usa news#us news#usa#united states news#United States#current events#us congress#congress#elon musk
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#kamala for president#trump#donald trump#kamala harris#trump 2024#democrats#vote kamala#kamala 2024#vp kamala harris#joe biden#president biden#biden#usa politics#usa#democrats will destroy america#america#merica#ussr#communism memes#elites#lobbyists#corporations#donors#barack obama#obama#blackrock#wealthy#congress#senate#censorship
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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 courtâs 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 Administrationâs approval of the medication, mifepristone, and the FDAâs 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 theyâre pregnant.
Justice Brett Kavanaugh, who was part of the majority to overturn Roe, wrote for the court on Thursday that âfederal courts are the wrong forum for addressing the plaintiffsâ concerns about FDAâs actions.â
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...
Kavanaughâs 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 FDAâs actions...
While praising the decision, President Joe Biden signaled Democrats will continue to campaign heavily on abortion ahead of the November elections. âIt 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,â 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...
Bidenâs administration and drug manufacturers had warned that siding with abortion opponents in this case could [have] undermined the FDAâs drug approval process beyond the abortion context by inviting judges to second-guess the agencyâs 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
--
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.
#edited like two hours after posting to add clarification that this decision isn't permanent#thanks to @queerrights for pointing out that wasn't clear#but it DOES buy us a couple years#and importantly it gives us two to three more years to fix this situation#because if democrats win the presidency and both houses of congress#(without fucking joe manchin there to singlehandedly stop them he's a fucking bastard)#then democrats WILL make abortion legal nationwide once again#abortion#abortion rights#bodily autonomy#reproductive rights#abortion is healthcare#united states#us politics#supreme court#us news#us supreme court#republicans#democrats#healthcare#public health#medicine#abortion pill#abortion access#abortion bans#current events#usa#pro choice#scotus#mifepristone
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#kamala harris#President Trump#MAGA#Trump Train#trump vance 2024#make america great again#not my pic#too big to rig#not my image#too big to steal#trump#suck my freedom#congress
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Give us two years to course correct. We can reclaim the House, then the line of succession will be key.
Trump ain't on this earth for much longer, and he has stated that JD Vance--his own VP--is NOT his successor.
I need white folk to remember that that man is not immortal. A lot of y'all are panicking and seeing that senile old man through a distorted lens.
Per the Constitution, the Vice President is the next in line for succession upon the death or incapicitation of the President.
But Trump says that Vance isn't his successor. Surely Trump knows he's not going to live forever.
So, who is Trump's successor according to Trump?
In the line of succession, it is the Vice President, then it is the Speaker of the House.
That is currently Mike Johnson. Does Trump view Mike Johnson as his successor? Does Mike Johnson view himself as the successor?
Anyway, white folk, I need you to take a big breath and look below.
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There are 218 Republicans to 215 Democrats with 2 vacancies.
I'll repeat that shit.
There are 218 Republicans to 215 Democrats with 2 vacancies.
Those two remaining seats are in Republican districts in Florida, but look at who previously filled them.
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There are 2 fucking special elections set for April 1st.
If you want to stop the coup, find out who the Democrats are running in these elections, then support them. If there's not a Democrat, can we organize a write-in campaign.
218-217 House divide is surmountable.
I need y'all to stop wringing your hands and start politicking.
#ask auntie#ask me anything#black girl magic#donald trump#elon musk#us president#us news#russia#coup#doge#politics#politicking#special elections#florida#matt gaetz#michael waltz#speaker johnson#speaker of the house#house of representatives#congress#us politics#us congress#us constitution#line of succession#order of succession#jd vance#Vice President
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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.
#imperialism#Supreme Court#Donald Trump#presidency#Joe Biden#antiwar#war crimes#GazaGenocide#Congress
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"The Vice Presidency comes with plenty of indignities, but probably none greater than the one that Kamala Harris endured on Monday when she presided over the certification of her own defeat.
Standing in the rostrum of the House of Representatives, a gavel in her hand and a look of imperturbable stoicism on her face, Ms. Harris officiated as the two houses of Congress met in joint session to formally count the Electoral College votes for President.
"The votes for President of the United States are as follows," she declared after each state's totals were read. "Donald J. Trump of the state of Florida has received 312 votes." At that point, Republican lawmakers rose to their feet to applaud. Ms Harris gave a small, polite smile as she let them have their moment.
Then she continued. "Kamala D. Harris of the state of California has received 226 votes," she intoned. Now it was the Democrats' turn to stand and applaud. Ms. Harris glanced over to that side of the chamber with a little smile of thanks, then gently gaveled the body to order. After reading the votes certifying JD Vance as Vice President, she formally ordered the results entered in the record.
And with that, Kamala Harris the Vice President officially put an end to Kamala Harris the candidate's quest for the Presidency -- at least for this election. At that point, members of both parties rose to applaud, seemingly out of respect for the no-doubt-painful task she had just taken on without complaint or objection.
There was also certainly a little bit of relief that everyone had gotten through the moment peacefully, unlike the maelstrom visited upon the Capitol on this day four years earlier when Mr. Trump refused to accept defeat and inspired a mob that stormed the building to try to stop the count certifying it.
Ms. Harris made no comments while wielding the gavel beyond her scripted duties...Unlike Mr. Trump, Ms. Harris has made no effort to cast doubt upon the election but has instead accepted defeat graciously. Neither she nor President Biden has sought to pressure the Justice Department, members of Congress, governors, state legislators, or election officials to reverse the vote she lost, as Mr. Trump did four years ago.
She has not filed dozens of lawsuits that would be tossed out by judges as frivolous or unfounded. She has not repeated false fraud allegations or wild conspiracy theories that her own advisers told her were untrue.
Nor did she use her role as presiding officer to reject votes for Mr. Trump and Mr. Vance the way Mr. Trump tried to get Vice President Mike Pence to do to Mr. Biden and Ms. Harris in 2021. Mr. Pence refused, saying he did not have such power, and Congress subsequently passed a law reaffirming that interpretation.
The contrast between Jan. 6, 2021, and Jan. 6, 2025, could hardly be starker. "
-- Peter Baker, on Vice President Kamala Harris presiding over the certification of her own defeat in the 2024 Presidential election before a joint session of Congress, during the peaceful, traditional formal ceremony denied to her and President Joe Biden exactly four years earlier, New York Times, January 6, 2025.
#History#Presidency#Presidential Election#Presidential Elections#Electoral College#Congress#Joint Session of Congress#Electoral College Certification#Presidential History#January 6th#Kamala Harris#Vice President Harris#2024 Election#2020 Election#Joe Biden#President Biden#Donald Trump#President Trump#Mike Pence#Vice President Pence#JD Vance#Vice President Vance#Peter Baker#New York Times#2021 Insurrection#Politics#Political History#Vice Presidents#Vice Presidency#President of the Senate
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Trumpâs return to the White House with an enduring number of loyalists in Congress underscores just how politically trivial the âelection denierâ label has become.
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#us elections#us economy#congress#government#blacklivesmatter#black lives matter#presidential election#elections#election 2024#presidency#2024 presidential election#president harris#kamala for president#kamala harris#kamala 2024#vote kamala#vote blue#senate#three branches of government#judicial#music#hip hop#hiphop#rap#black men#black women
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#tiktok#nobody elected elon#elon musk#elongated muskrat#fuck elon#maxwell frost#congress#us congress#congressman#jasmine crockett#congresswoman#us government#us politics#donald trump#department of government efficiency#doge#trump's america#trump administration#president trump#fuck trump#trump
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Once Again....
#vice president#republican congress#congress#senate#kamala harris#president harris#2024 presidential election#biden administration#joe biden#president biden#vp harris#filibuster#get out and vote#vote blue#vote kamala#kamala 2024#donald trump#republicans#democrats#black lives matter#politics#biden
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đł
#trump#donald trump#kamala harris#trump 2024#democrats#vote kamala#kamala 2024#kamala for president#vp kamala harris#ohio news#ohio#springfield#vp harris#vivek ramaswamy#newsmax#glenn beck#jesse watters#greg gutfeld#dan bongino#clay travis#republicans#gop patriots#gop#conservatives#fox news#laura ingraham#bill of rights#constitution#congress#senate
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This is a distraction. Constitutional amendments are stupid hard to pass. Probably more useful to check and see if your state is gearing up to use immigrants as slave labor (Missouri is, there's a whole bill setting it up) or how to give money to the legal organizations that are currently stalling on transferring trans prisoners to their AGAB prison, or other bits of harm delay. They want us so overwhelmed we do nothing. Screen out the news, pick a thing, and do something about it.
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#news#usa news#politics#us politics#donald trump#inauguration#public news#world news#breaking news#news update#latest news update#latest updates#anti capitalism#political news#usa politics#american politics#us constitution#us congress#us stuff#us propaganda#us presidents#elon musk#boycott elon musk#president trump#trump administration#jd vance#trump#maga#maga morons#current events
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House and Senate Democrats are holding a press conference outside the USAID building in Washington D.C demanding answers as to why Elon Musk is overtaking payment distribution systems for critical foreign aid projects that help combat global health needs.
Elon Musk has not been authorized to access payment distribution systems. Congress has not authorized Elon Musk access to any payment systems. It is illegal to disband aid that has already been approved by Congress.
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#donald trump#potus#president trump#us politics#breaking news#politics#news#president of the united states#tumblr#united states politics#usa news#usa#elon musk#usaid#current events#democrats#us congress
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