Tag Archives: oligarchy

Sen. Bernie Sanders writes for Fox News: It’s hard to miss. Our country is rapidly evolving into two Americas. One America consists of less than a thousand billionaires who have an unprecedented amount of wealth and power and have never ever had it so good. The other America, where the vast majority live, consists of tens of millions of families …

Bloomberg News reports: A mystery seller is asking $200 million for an empty waterfront lot next door to the properties Jeff Bezos bought in South Florida. The roughly 1.84 acre lot (0.74 hectare) is located at Indian Creek, a man-made barrier island that’s been dubbed “Billionaire Bunker.” Ilya Reznik, who’s brokering the transaction, declined to identify the seller but said …

The Texas Tribune reports: President-elect Donald Trump announced Saturday he would nominate Houston billionaire hospitality mogul Tilman Fertitta to serve as U.S. ambassador to Italy. Fertitta, owner of the Houston Rockets and Landry’s restaurant group, is a prolific political donor who hosted a fundraiser for Trump at his Post Oak Hotel in Houston earlier this year. He has donated millions …

The Washington Post reports: The relationship between billionaire Amazon founder Jeff Bezos and billionaire Tesla and SpaceX owner Elon Musk is warming up, a Friday morning exchange on Musk’s social media app X suggested. Two days after the tech titans dined together with President-elect Donald Trump at Mar-a-Lago, Bezos broadcast his agreement with Musk’s opinion that it was necessary to …

The Washington Post reports: President-elect Donald Trump had dinner Wednesday with Amazon founder Jeff Bezos (who owns The Washington Post) at Trump’s Mar-a-Lago estate in Florida, and the two were joined by billionaire Elon Musk, a Trump transition team spokesperson confirmed.The meeting marks the latest trek by tech executives to Trump’s home in South Florida to appeal to the incoming …

The New York Times reports: For the third year in a row, Elon Musk’s charitable foundation did not give away enough of its money. And it did not miss the mark by a small amount. New tax filings show that the Musk Foundation fell $421 million short of the amount it was required to give away in 2023. Now, Mr. …

Axios reports: It’s not hyperbole to call this a government of billionaires. Whether it acts as a government for billionaires — as Democrats argue is inevitable — could test and potentially tarnish Trump’s populist legacy. Besides Trump, Musk and Ramaswamy, at least 11 billionaires will be serving key roles. They’ve been picked to lead the departments of Treasury (Scott Bessent), …