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.

  • zalgotext
    41·
    23 hours ago

    And this thread is about governments in general, and their necessity in enforcing these social contracts you’re referring to.

    • bradd@lemmy.worldEnglish
      14·
      22 hours ago

      Wrong. You’re responding to me who is commenting on OP’s article.

      • zalgotext
        2·
        21 hours ago

        You understand that there’s more than one person involved in an Internet comment thread right

        • bradd@lemmy.worldEnglish
          14·
          21 hours ago

          Sure.

          https://www.allsides.com/news-source/current-affairs-media-bias https://en.wikipedia.org/wiki/Echo_chamber_(media)#:~:text=An epistemic bubble is an,of significant information and reasoning.

          In an extreme “echo chamber”, one purveyor of information will make a claim, which many like-minded people then repeat, overhear, and repeat again (often in an exaggerated or otherwise distorted form) until most people assume that some extreme variation of the story is true.

          • zalgotext
            3·
            21 hours ago

            Care to explain what the fuck that has to do with anything?

            • bradd@lemmy.worldEnglish
              14·
              20 hours ago

              OP simply started this thread by posting an article, to which I commented, and you replied on my comment. If you wanted to talk to everyone in the thread you could have just not clicked reply on my comment.

              I am aware that there are many people in this thread (to which you are not directly replying) but you know it really seems like one person. OPs article coming from extreme left bias site, and everyone in here having basically the same opinion and almost saying exactly the same thing over and over “look at this enlightened libertarian”.exe highlights how really it doesn’t matter how many of you there are here. It’s essentially just one view.

              • zalgotext
                31·
                15 hours ago

                You could have just said no, would have been much less effort