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.

  • EldritchFeminity
    7·
    24 hours ago

    Yeah, takes like this are crazy. Is the government my enemy? In the sense that we’re spiraling towards a fascist regime with an incoming administration that has members who have literally called for “a genocide of trans people,” absolutely.

    But that’s an issue of the government falling apart due to the kinds of people who would be the warmongers lording over the Libertarian paradise that most of these people call for with their PMC, not because the government simply exists. And this branch in particular is one of the ones doing the most to protect the common person from those same warmonger wannabes.

    Without branches like this, companies would be dumping chemical waste upriver of towns again.

    • bradd@lemmy.worldEnglish
      1·
      19 hours ago

      Can you show me the calls for genocide of trans people, please? I’m struggling to understand the rest of what you said, regarding warmongering lords, and Libertarian (as in Libertarian political party?) paradise? 🤔