‘The Nerd Reich’ tracks the ‘unmasking of Silicon Valley’s true politics’

This is how the upper wealthy feel towards the lower incomes, anyone below them.  So the upper 1% feel the next upper 80% is useful to them which is the second-teir wealth group, the rest are trash to be used, abused, and discarded in the most efficient, less costly way.  The 80% are hoping to work their way to the 1% and it is happening in the US as more and more money moves from the lower incomes to the upper incomes.  Thos that are the 50% or less are simply fucked in the US system as the only safeguard they had was the democratic party and under Pelois she moved the entire part right to capture more of the corporate money for herself and democratic party elected.  They stopped fighting for the lower incomes, the people and so they kept losing support.   They did not mind moving to second place in the government because the party was mostly owned then by corporate Democrats sucking on the wealthy donors and corporate teat.  But now a new bunch of progressive and DSA people are running and winning elections who chanpion the lower incomes so the wealthy must attack them with the biggest weapons they have, their money and the media they own. 

I read a book as a 20-year-old about a galaxy run by wealthy mega corporations who felt they were above any rules or laws that the “little folk” or normal worker people lived by.   It was called Cats Paw and the other book in the series is Psion.   If you want to understand what we are looking at read both books.   Corporations are so powerful they can cut off people’s access to their money or even hold them as work slaves.  It is everything these people are talking about in the interview.  Hugs

PS.  It is too long for me to color.  It took me two days to do this post and the one on the trans ballot issue.  Sorry I don’t see well and I struggle with nausea  that forces me to lay down.   I try to eat two meals a day of only yogurt and a supplement drink.   This morning the yogurt came back up along with my half cup of coffee.   I see the GI people tomorrow.  Hugs

https://www.npr.org/2026/08/10/nx-s1-5925350/the-nerd-reich-tracks-the-unmasking-of-silicon-valleys-true-politics

‘Not sustainable.’ Companies prepare price hikes while Trump claims victory over affordability

Lower wages and higher prices.  Here in the US profit is king and the poor are disposable.  Hug

Some Bernie Sanders clips from The Late Show. This is how democrats need to get air time

 

 

 

 

US Billionaire Wealth Surges to $8.1 Trillion as Affordability Crisis Hammers Working Class

https://www.commondreams.org/news/us-billionaire-wealth

“Billionaires are raking in staggering profits off the backs of ordinary workers,” said Chuck Collins of the Institute for Policy Studies.

The collective wealth of US billionaires surged to $8.1 trillion in 2025 as working-class Americans faced a cost-of-living crisis made worse by President Donald Trump’s tariff regime and unprecedented assault on the social safety net.

An analysis released Friday by the Institute for Policy Studies (IPS) found that the top 15 US billionaires saw the largest wealth gains last year, with their collective fortune growing from $2.4 trillion to $3.2 trillion. That 33% gain was more than double the S&P 500’s 16% increase in 2025.

What IPS describes as the “elite group” of US billionaires includes Tesla CEO Elon Musk, the richest man in the world; Google co-founder Larry Page; Amazon founder Jeff Bezos; and Oracle executive chairman Larry Ellison.

IPS emphasized that “these staggering combined billionaire wealth totals come as the Trump-GOP budget bill passed in 2025 defunded health insurance, food stamps, and other vital anti-poverty safety net programs, in order to pay for tax cuts for the wealthy and budget increases for militarism and mass deportations.”

“The affordability crisis is hitting ordinary Americans particularly hard as we head into the new year, but not everyone is feeling the pain: Billionaires are raking in staggering profits off the backs of ordinary workers,” Chuck Collins, director of the Program on Inequality and the Common Good at IPS, said in a statement.

“These extreme concentrations of wealth and power,” Collins added, “undermine our daily lives and further rig our economy in favor of the ultra-rich and corporations, while ordinary Americans get a raw deal once again.”

IPS released its analysis days after Bloomberg reported, based on its Billionaires Index, that the world’s 500 richest people gained a record $2.2 trillion in wealth last year.

Omar Ocampo, an IPS researcher, said that in the US, billionaires are “paying far less in taxes compared to the huge amount of wealth they amass,” allowing them to continue accumulating vast fortunes, supercharging inequality, and using their wealth and influence to subvert reform efforts.

“Not only are a small number of Americans holding more wealth than the rest of America, but they’re also not paying their fair share in taxes,” said Ocampo.

The new report comes as families across the US struggle to make ends meet amid high and still-rising prices for groceries, housing, and other necessities. A Century Foundation survey released last month found that “roughly three in 10 voters delayed or skipped medical care in the past year due to cost, while nearly two-thirds switched to cheaper groceries or bought less food altogether.”

 

Let’s talk about Trump, another budget reconciliation, and healthcare….

It is deliberate

Let’s talk about taxing the poor to feed the rich in Louisiana….