Saturday, June 7, 2025
No Result
View All Result
newshub
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
No Result
View All Result
newshub
No Result
View All Result
ADVERTISEMENT

Bernie Sanders slams Trump’s billionaire-backed oligarchy

2025/06/04/07:01
in US politics
Reading Time: 2 mins read
245 19
A A
Bernie Sanders slams Trump’s billionaire-backed oligarchy
MSTRpay MSTRpay MSTRpay
ADVERTISEMENT

Senator Bernie Sanders has emerged as a fierce critic of President Donald Trump’s administration, sounding the alarm on what he describes as a dangerous shift towards oligarchy, authoritarianism, and kleptocracy in American politics. In a series of impassioned speeches, rallies, and statements since Trump’s second inauguration in January 2025, Sanders has condemned the growing influence of billionaires, accusing the Trump administration of prioritising the interests of the wealthy elite over working-class Americans. His “Fighting Oligarchy” tour, launched in early 2025, has drawn tens of thousands, amplifying his warnings about a government “of the billionaire class, by the billionaire class, and for the billionaire class.”

Sanders has pointed to the presence of billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg at Trump’s inauguration as a stark symbol of this shift. He argues that their combined wealth—exceeding $920 billion—surpasses that of the bottom half of the US population, highlighting unprecedented income inequality. Sanders has singled out Musk, who reportedly spent over $277 million to support Trump’s campaign, as a key figure in this oligarchic system, accusing him of wielding unchecked influence over government decisions. He claims Musk’s role in the Department of Government Efficiency, alongside billionaire Vivek Ramaswamy, exemplifies a government serving the interests of the ultra-rich rather than the public.

The Vermont senator has repeatedly invoked Abraham Lincoln’s Gettysburg Address, warning that Trump’s policies betray the vision of a government “of the people, by the people, for the people.” Sanders has accused the administration of pushing tax breaks for billionaires while proposing cuts to vital programmes like Medicaid, Social Security, and veterans’ services. He cites estimates that Trump’s budget could provide $1.1 trillion in tax relief to the top 1% while raising taxes for the bottom 95% through measures like tariffs. Sanders calls this a “war on the working class,” arguing that it exacerbates the struggles of the 60% of Americans living paycheque to paycheque.

Sanders’ rhetoric has intensified since Trump’s return to power, with the senator describing the administration’s actions as a transparent power grab by billionaires. He has criticised the influence of wealth in both major parties, decrying the Citizens United decision that allows unlimited campaign spending. Sanders argues that this has created a “pseudo-democracy,” where billionaires like Musk can overshadow the average voter’s voice. He has also condemned Trump’s attacks on the media, judiciary, and federal agencies, warning of authoritarian tendencies that undermine the Constitution.

Through his nationwide tour, joined by figures like Representative Alexandria Ocasio-Cortez, Sanders has rallied crowds as large as 36,000, urging resistance against what he calls a government driven by greed. He compares billionaires to “heroin addicts” addicted to power and wealth, insisting that their agenda threatens democracy itself. Sanders advocates for policies like a $17 minimum wage, expanded Social Security, and public election funding to counter oligarchic control. Despite criticism from some Democrats, who argue terms like “oligarchy” lack broad appeal, Sanders points to his massive rally crowds as evidence that Americans understand the stakes. His message is clear: the fight against billionaire influence is a fight for the soul of democracy, and despair is not an option.

newshub finance

Related Posts

Tesla at crossroads: Elon Musk’s political controversies trigger severe boycott risks and stock volatility
US politics

Musk signals ambition to launch his own political party

by newshub
23 hours ago

Elon Musk is reportedly laying the groundwork to establish his own political party in the United States, a move that...

Read moreDetails
Musk: Trump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!” – video

Musk: Trump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!” – video

23 hours ago
Trump and Musk have a tough breakup and Tesla stock takes a hit

Trump and Musk have a tough breakup and Tesla stock takes a hit

1 day ago
Trump enacts extensive travel ban on twelve nations

Trump enacts extensive travel ban on twelve nations

2 days ago
Elon Musk’s drug use was so concerning it prompted a Tesla director to forgo a reelection bid

Elon Musk slams Trump’s budget as ‘disgusting abomination’

3 days ago
Experts link Trump’s policies to dollar slide as greenback hits three-year low

Experts link Trump’s policies to dollar slide as greenback hits three-year low

4 days ago
No Result
View All Result

Recent Posts

  • Sir David: Beckham to be knighted by King Charles in long-awaited honour
  • European markets edge lower after ECB rate cut and political shocks
  • Robert F. Kennedy dies from from shot wounds
  • Russia escalates aerial assault on Kyiv
  • Musk signals ambition to launch his own political party

Recent Comments

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Recent Posts

    • Sir David: Beckham to be knighted by King Charles in long-awaited honour
    • European markets edge lower after ECB rate cut and political shocks
    • Robert F. Kennedy dies from from shot wounds
    • Russia escalates aerial assault on Kyiv
    • Musk signals ambition to launch his own political party

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    newshub

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure

    • Global news
    • Financial insights
    • Fin & tech
    • Climate & energy
    • Lifestyle
    • WEX

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Global news
    • Financial insights
      • Africa
      • Asia
      • Australia
      • Central Banks
      • China
      • Commodities
      • Europe
      • Banking
      • Corporate
      • Neobanking
      • Investment
      • Japan
      • South East Asia
      • Stock of the week
      • UK
      • US
    • Fin & tech
      • AI
      • Blockchain
      • Crypto
      • MSTRpay
      • Tech
    • Climate & energy
      • Climate
      • Carbon
      • Coal
      • Disruptive
      • Gas
      • Nuclear
      • Oil
      • Solar
      • Water
      • Waves
      • Wind
      • Renewable
      • South America
    • Lifestyle
      • Best chefs
      • Cocktail of the week
      • History
      • Influential women
    • WEX
      • Alt Kap Holding AB
      • Digital Network Holding, Inc.
      • Fantas-E AB
      • International Clean Energy Inc.
      • Intritum Partner Limited
      • Intritum Recycling GH Limited
      • MSTRpay AB
      • SWAP Services, Inc.
      • VMT Holding, Inc.
      • Universal Streaming Technologies – USTA
      • TC Unterhaltungselektronik AG

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure