In the 2020 presidential election cycle, more than $14bn went to federal candidates, party committees, and Super Pacs – double the $7bn doled out in the 2016 cycle. Total giving in 2024 is bound to be much higher.

That money is not supporting US democracy. If anything, that money is contributing to rising Trumpism and neofascism.

  • spaceghoti@lemmy.oneOP
    link
    fedilink
    arrow-up
    1
    ·
    10 months ago

    The dollar is based on confidence, like all money. That confidence is backed by the country’s ability to deliver. When they take over the government’s functions they can (if they choose) print their own script.

    With the resources they command, money isn’t the problem.

    • twisted28@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      10 months ago

      No confidence would be left. Look at the speakership debacle, they can’t even agree to pay the stuff they themselves approved