

they didn’t inherit their immense wealth
Except even that doesn’t hold up under close scrutiny. A big component of the market cap of any Fortune 100 company stems from equity and debt held by the generationally wealthy, typically through family funds managed by private equity groups. Amazon and Tesla aren’t worth $1T without the Vanderbilts and the Carnegies and the Adelsons and the Waltons bidding up asset prices. Microsoft doesn’t exist today without Bill Gates’s mom sitting on the IBM board of directors and handing her son the contracts for their 1980s OS. Hell, Berkshire Hathaway is owned by the sons of a Congressman and a federal judge, respectively.
What’s more, the biggest source of market capital is inevitably government contracts. You can’t tell me that Michael Dell is “independently wealthy” when the bulk of his fortune came via the Texas public school system buying all his company’s computers. Particularly when the governors, legislators, and board members making these decisions are (a) big shareholders of the Dell corporation and (b) legacy scions of wealthy Texas families.
A “Trump Boat Parade” in Jupiter, Florida, on Sunday was joined by neo-Nazis waving swastika flags, shouting “White Power,” “Heil Trump,” and “Make America White Again!”
What’s been truly revolting is in watching how many liberals have jumped on the fascism bus. Kristen Gillibrand is fully in bed with the Silicon Valley techno-fascists. Richie Torries can’t get enough genocide, whether its via our migrant concentration camps at home or our outsourcing of genocide to the Middle East via Israel and Saudi Arabia. Sitting Democrat NYC Mayor Eric Adams has gone all in on MAGA, after receiving pardons for his chronic misuse of public office and funds from the President. Gavin Newsom is flirting with Charlie Kirk and Steve Bannon as a podcast host. Half the 2026 Texas Dem Congressional slate is fully in favor of turning the US/Mexico border into the new Iron Curtain. The Florida Democratic Party wants a Bay of Pigs 2.
It’s Italy in 1924 all over again. Oops! All fascists.