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.

  • just_another_person@lemmy.world
    37·
    22 days ago

    You don’t understand. You make them non-functional through incompetency first, then change their purpose and voila…neither.

    Then you pay Elon Musk for fleets of Tesla robots that don’t work to do your dirty work 🤣

    • UnderpantsWeevil@lemmy.worldEnglish
      14·
      22 days ago

      From what I’ve seen under Eric Adams in New York, you never actually lay any of these people off. You just bring in a robot that bumbles around a subway terminal until it breaks down, while a squad of officers guard it with lethal force.