Daily Take: The Transitional Oligarchy: Democracy’s Last Stand?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 18 November 2024
⏱️ 8 minutes
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Summary
The road ahead could lead to dictatorship or renewed liberty, as the American people confront the corrosive power of wealth in politics…
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| 1:00.4 | The transitional oligarchy, democracy's last stand? |
| 1:05.8 | Oligarchy is a form of government where the richest people in a country have captured its |
| 1:10.0 | political system or even |
| 1:11.6 | filled it themselves and use that control to direct much of the government's efforts to increasing |
| 1:16.8 | their own wealth and power. We'll soon again have a billionaire president helped to power by |
| 1:22.0 | the richest billionaire on the planet with his election campaign funded in large part by at least |
| 1:27.1 | $2 billion in direct |
| 1:28.7 | reported donations from roughly 150 billionaire families. |
| 1:33.1 | It appears that the other roughly 350 billionaires who openly funded Trump in 2020 |
| 1:38.6 | chose this time to instead donate to dark money. |
| 1:43.4 | Dark money super PACs created by five corrupt Republicans on the Supreme Court with Citizens |
| 1:49.5 | United that don't list their donors or in many cases even report their expenditures. |
| 1:55.1 | With an estimated $15 billion spent on this 2024 election, their expenditures probably dwarf the ones we know about, |
| 2:03.2 | and collectively they carpet-bombed Americans in often deceptive political advertising. |
| 2:08.8 | And none of that covers the additional billions in free media Trump got from Fox News, |
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