Tag: peter thiel
Elon Musk

When Republicans Warn Us About Their Ruinous Agenda, Better Believe Them

It’s a lesson that we all should have learned many years ago: When Republicans tell you what they mean to inflict on you and your family, better believe them.

The most painful example in recent years of the public’s failure to comprehend what was coming -- despite dozens of announcements -- is the Republican right's successful assault on reproductive freedom. Donald Trump loudly and repeatedly promised a majority of Supreme Court justices who would overturn Roe v. Wade, as did the Republican senators who confirmed them. And still many Americans seemed to be surprised when the high court ripped down principle and precedent to undo that fundamental right.

Now, in the final days of this election campaign, we are hearing from Republicans (and their billionaire masters) what they plan to do if Trump returns to the White House. They have a sweeping agenda to impoverish the middle class while pursuing power and privilege for themselves.

House Speaker Mike Johnson just issued a clear warning that they still yearn to cripple America's health care system in the name of their "free market" utopia. While he and Trump both deny that they will try again (for the 62nd time!) to repeal the Affordable Care Act, Johnson vowed that “health care is going to be a big part of the agenda” should Republicans win – and that their aim will be “massive reform” that “takes a blowtorch to the regulatory state.” This blather portends the end of the reforms that protect people with pre-existing conditions and allow the young to get coverage on their family’s insurance until age 26. Neither those nor other crucial ACA protections would survive those massive changes that neither Trump nor Johnson will specify before the election.

And that’s merely the opening gambit in the Trump Republican scheme to ruin their fellow Americans.

The far-right financiers surrounding Trump have realized that his obsession with tariffs can be repurposed to line their own pockets – so they’re suddenly eager to abandon the principles of free trade they once cherished. For billionaires like Elon Musk and Peter Thiel, the tariff scheme is attractive simply as a form of regressive taxation, siphoning hundreds of billions of dollars from ordinary consumers in the form of far higher prices. Those tariff revenues could replace the proceeds of the progressive income tax – which the rich hate to pay -- while shifting the burden onto middle-class and poor families.

But Musk has even more nasty surprises in store, as he recently suggested on his X social media platform. He has invested vast sums – upward of $75 million or more – in Trump’s campaign, for which he expects to be named reichsmarshall of "government efficiency,” with unaccountable power to slash programs and fire employees. The world’ richest man breezily advised middle-class Americans that we should expect to suffer “hardship” in the early days of a Trump presidency, owing to the enormous cuts and layoffs he will dictate. (Of course he also promises a “sustained recovery” in the wake of economic disaster, although historically that isn’t how things work out under Republican administrations. You can look it up.)

According to Musk, his objective in a Trump regime would be to cut $2 trillion from future spending – even as Trump has promises trillions more in tax cuts for the billionaires. How does that math work? It doesn’t work at all unless, as J.D. Vance recently confided to a podcast host, Musk’s “government efficiency commission” sharply reduces Social Security and Medicare payments. “I’ve spoken with Elon a little bit about [the task force],” said the Republican vice presidential nominee. “And the thing that’s complicated about this, man, is it’s going to look much different in, say, the Department of Defense versus Social Security.”

We know Trump won’t cut defense spending, which he has always sought to increase with his Space Force and other boondoggles. The only alternative will be enormous cuts in Social Security and Medicare, which account for about $2 trillion in spending annually.

Optimists may imagine that Musk, who no doubt considers himself a “stable genius,” will come up with new ways to save trillions without harming the American people or the economy. Unfortunately his record as an executive is not reassuring. Upon purchasing Twitter (later renamed “X”), he dismissed about 80 percent of the staff and turned the site into a haven for neo-Nazis and the other extremists and conspiracy theories he apparently admires. The company's market value has never recovered and his investment has roughly the same value as if he had put a blowtorch to $44 billion in cash.

The truth about Musk as a businessman is that his profits have depended heavily on government subsidies from the beginning.

But that arrangement can still prop him up, so long as he and his cronies control the government. Musk, Thiel and the rest of the MAGA billionaires will tell you they are backing Trump because they want to “kill the woke mind virus” or “protect freedom” or some such cliched piffle. In fact they are driving a campaign to further enrich and empower themselves – and the rest of us are just road kill.

What Makes J.D. Vance Something Far Worse Than Merely 'Weird'

What Makes J.D. Vance Something Far Worse Than Merely 'Weird'

When political observers describe J.D. Vance as “weird,” what they usually mean is the Republican vice-presidential nominee’s ranting about childless people, his extremism on questions like abortion and divorce, or perhaps his choice of eye makeup.

But there is a deeper level to Vance’s political weirdness that places him amid the most sinister forces in the nation today – and calls into question the supposed patriotism that motivates him and the “America First” movement he and Donald Trump now represent. To understand what Vance really stands for, and why his ideology is so distant from the Constitutional democracy he has sworn to uphold as a United States senator, it is necessary to examine the chief sponsor of his political and business career: a Silicon Valley billionaire named Peter Thiel.

Born in Germany and raised in South Africa, Thiel made his enormous fortune as a venture capitalist and executive in tech companies such as PayPal and Palantir. Attracted from an early age to far-right ideologues like the addled author Ayn Rand, the tech mogul has identified himself as a “conservative libertarian” and a critic of democratic systems. Not so long ago, he was heard to say that democracy and freedom – or at least his idea of “freedom” – are no longer compatible.

If that sounds ominous, it is a sentiment that Thiel has advanced for over a decade now – and that has long characterized a strain of anti-government extremism on the American right. It is a worldview that dates back at least three decades, when a self-proclaimed economic guru named James Dale Davidson began promoting it in his investment newsletters and video presentations.

Back then, Davidson’s seething enmity for President Bill Clinton and Hillary Clinton led him not only to make the preposterous claim that they were behind the death of their friend Vince Foster (who had tragically committed suicide), but to insist that Clinton’s policies would soon plunge the nation into a cataclysmic depression. The internet boom under Clinton, which boosted incomes and balanced the budget for the first time in decades, left Davidson looking foolish.

Undaunted by failure, he went on to write The Sovereign Individual, a 1997 tome that predicted the rise of digital currencies, along with other less prescient notions. It eventually won favorable attention from Thiel, who provided a gushing preface to a new edition in 2020, two decades after its original publication, that emphasized its influence on his own political outlook and urged it upon readers as “an opportunity not to be wasted.”

Why was Thiel drawn to Davidson’s obscure screed? Aside from its advocacy of what we might now call cryptocurrency – a dubious special interest promoted heavily by Vance ever since his elevation to the Senate – The Sovereign Individual foretold a world ruled by people like him. Governments, nation-states, and the social order would all collapse; digital currencies would replace all other forms of money, except among the poorest populations; taxation and regulation of corporations would become impossible. In its conclusion, Davidson and his co-author Lord William Rees-Mogg, a British peer, denigrated democracy as the twin of communism and welcomed the advent of a brutish and largely lawless world dominated by a tiny minority of the super-rich. (The fascinating tale of Davidson's checkered career is recounted in The Longest Con: How Grifters, Swindlers and Frauds Hijacked American Conservatism.)

It isn’t hard to imagine that Thiel, who has financed research aimed at human immortality, envisions himself as one of those godlike rulers. Does Vance agree with Thiel’s jaundiced view of democracy? Does he push crypto because digital finance will allow billionaires and their businesses to evade taxes and launder money? Does he look forward to a plutocratic dystopia replacing our republic?

No doubt the embattled Republican veep nominee would deny any such disturbing views. Yet Thiel isn’t the only ultra-reactionary influence on Vance. The Ohio senator has also endorsed Curtis Yarvin, a cranky computer programmer who says America needs “a national CEO, or what’s called a dictator,” and embraced Rod Dreher, an American writer who now serves the illiberal regime of Hungarian autocrat Viktor Orban.

All that makes Vance something far worse than merely weird.

Joe Conason is founder and editor-in-chief of The National Memo. He is also editor-at-large of Type Investigations, a nonprofit investigative reporting organization formerly known as The Investigative Fund. His new book is The Longest Con: How Grifters, Swindlers and Frauds Hijacked American Conservatism.

Jeffrey Epstein

Epstein Set Up Meetings With Thiel And Other Trump Allies Before 2016 Election

Four years have passed since wealthy financier Jeffrey Epstein, facing federal sex trafficking charges involving minors, was found dead in a Manhattan jail cell. A medical examiner ruled that Epstein had died from suicide by hanging on August 10, 2019.

Epstein, who was 66 when he died, associated with a lot of famous people. According to the Wall Street Journal, Epstein set up meetings with some of Donald Trump's supporters before the 2016 presidential election.

Those supporters included Thomas Barrack and PayPal co-founder Peter Thiel (a major donor to MAGA Republicans), WSJ journalists Khadeeja Safdar and David Benoit (not to be confused with the jazz musician) report.

Another was the late Vitaly Churkin, who was Russia's ambassador to the United Nations at the time.

Forbes reporter Sara Dorn, in a separate article on Epstein, notes that "The New York Times reported in May that e-mails from Epstein's assistant show he planned to meet with Thiel at least three times in 2014, but the paper did not confirm whether the meetings occurred and Thiel declined to comment at the time."

Reprinted with permission from Alternet.

The Party Of Sham And Chicanery Is More Trumpy Than Ever

The Party Of Sham And Chicanery Is More Trumpy Than Ever

Republicans may win or lose elections during this midterm cycle but either way, the once Grand Old Party is completing its devolution into a mirror of former President Donald Trump. The midterm elections have magnified its reflection of his deeply inauthentic and malignant character. Compulsive lying, constant expressions of hostility and cruelty, and the sheer phoniness of the Republican candidates cannot cloak the party's hollow core, whose true ideology is nihilism.

Not surprisingly, Trump is attracted to figures who resemble him, and especially to those who genuflect to him without a trace of self-respect. None of them will hold fast to any political principle because, despite professions of patriotism and piety, their only purpose is to grab for power, wealth and the weird status of being approved by Trump. Like Trump himself, they are grifters first and last.

Mehmet Oz may be the single most perfect example of this Trumpian template. Having achieved great wealth and a degree of fame if not respect on a cheesy cable TV show, and selling magic vitamins, Dr. Oz determined long ago that the medical profession's moral precepts could only hinder his advancement. Years of promoting fake cures and instant weight-loss pills fostered a deep cynicism that is the essence of the candidate we see today: a phony Pennsylvanian who actually still resides in New Jersey and eagerly asserts extreme positions on abortion, guns, health insurance and other issues that he shunned when practicing medicine. Dr. Oz is a new-fangled worshipper of Trump, but an old-fashioned faith-healing quack.

On a superficial level, Herschel Walker seems like an entirely different sort of celebrity candidate, unable to mimic the smooth patter of chameleons like Oz or J.D. Vance. But as a fraudulent personality, the former football star can compete with the worst of them. Even before Trump handpicked Walker, it was clear that Republicans no longer cared about the mental health or intellectual capacity of their candidates, or whether they have any marbles (see Coach Tommy Tuberville, the brazen racist senator from Alabama, another gridiron genius).

Walker is a perfect symbol of a party that pretends to care about sexual "morality," and yet formulates comically convoluted excuses for a man whose shady escapades led him to pressure women — who knows how many? — to terminate the pregnancies he caused, and to put a gun to the head of his ex-wife. His fantasy resume as a "successful business executive" would be Trumpian, except that Walker can't even fake it plausibly. But that doesn't seem to bother Republican stalwarts in Georgia.

If you liked Jerry Falwell Jr., the gamy subject of a Hulu TV documentary premiering this week, God Forbid, about sex antics involving his wife and the pool-boy, you'll love the ridiculously "saved" Walker and all the Trump Republicans. Falwell was the first big evangelical leader to endorse Trump in 2015, and those birds of a feather are now a flock.

As for Vance, he stands (or more precisely kneels) for an especially slavish brand of Trumpism. The author of Hillbilly Elegy is a flipping convert who despised Donald until that opinion was no longer convenient for Vance's ambition and then flopped down to lick his boots. Even Trump can't always resist mocking these spineless creatures, as when he noted during a campaign rally that the Ohio Senate nominee "is kissing my ass" after saying "lots of bad (stuff) about me." Indeed Vance said some very bad stuff, like his 2016 observation that Trump "might be a cynical asshole like Nixon or might be America's Hitler." That's all in the rearview mirror now, because Vance is a political puppet of fascist billionaire Peter Thiel, the biggest donor to the Republican Party, and Thiel sees Trumpism as the vehicle to turn American politics further and further right into dark nihilism.

Speaking of Thiel, he represents still another sort of duplicity that ought to bring shame on him and all the Republicans who grasp at his lucre. The politicians he so lavishly finances are outspokenly hostile to gay rights, including marriage equality, and are hyping a paranoid vision of gay and trans Americans as evil "groomers" who endanger children. But oddly enough, Thiel himself is quite actively gay and married to a man. How does he resolve the contradiction? If the far right he has empowered starts to persecute gays, he'll be alright with that — because he is already buying citizenship in gay-friendly Malta.

But what will all these mountebanks and moralizing imposters do for the average voter? Remember the promises Trump made in 2016, and how he violated all of them. These MAGA Republicans certainly won't reduce inflation, a worldwide problem for which they don't even propose solutions. They won't protect your children, or your retirement, or your health care, or your rights. They will assuredly cut their own taxes, slash your well-earned Social Security and Medicare, continue to plunder the planet, and laugh at every gullible American who voted for them, all the way to the bank — just like their master Trump.

To find out more about Joe Conason and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com.

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