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Monday, January 20, 2025

Progressives Say "Billionaires' Row" at Inauguration Ceremony Shows True Winners of Trump Agenda

Jake Johnson
While President-elect Donald Trump is expected to hail the "start of a thrilling new era of national success" during his inaugural speech on Monday, progressives said the presence of some of the nation's most powerful billionaires at the event signals that the incoming administration's agenda will prioritize the success the country's wealthiest.
Mark Zuckerberg, Tim Cook, and Jeff Bezos 
Meta CEO Mark Zuckerberg (L), Apple CEO Tim Cook (C), and Amazon founder Jeff Bezos (R) attend services as part of Inauguration ceremonies at St. John's Church on January 20, 2025 in Washington, D.C. (Photo: Anna Moneymaker/Getty Images)
Meta CEO Mark Zuckerberg, Amazon founder Jeff Bezos, and Tesla CEO Elon Musk are among the billionaires set to attend the inauguration ceremony. The trio will "have a prominent spot," according to NBC News, "seated together on the platform with other notable guests, including Trump's Cabinet nominees and elected officials."
“Elon Musk, Mark Zuckerberg, and Jeff Bezos know a thing or two about screwing over workers. It's no wonder they're sitting ringside for the inauguration of a man who's built a career out of cheating workers, ripping off families, and skipping out on paying taxes," Maurice Mitchell, national director of the Working Families Party, said in a statement Monday, characterizing the mega-rich attendees as "billionaires' row."
"The billionaires in attendance today have one goal: to get even richer by gutting our health care, public education, and Social Security," Mitchell added. "We're going to expose their grift, and bring new people with us along the way, until working people are the ones with the power, not billionaire bosses."
A number of other high-profile billionaires are expected to attend the president-elect's swearing-in ceremony, including OpenAI CEO Sam Altman and Apple CEO Tim Cook—both of whom donated $1 million to Trump's inaugural fund, which brought in record-shattering donations.
"Trump's White House is government by the billionaires, for the billionaires," Rep. Greg Casar (D-Texas), chair of the Congressional Progressive Caucus, said in a statement ahead of the inauguration. "Lobbyists and corporations have donated over $200 million to today's inauguration of Donald Trump—a small price to pay for buying off history's most corrupt grifter-in-chief. On Day One, Trump has shown us who he really is—a fighter for the wealthy, not the working class."
In addition to the outside billionaires backing Trump's second administration, which is pushing for another round of tax breaks for the rich and large corporations, the president-elect has proposed staffing his White House with at least 13 billionaires—from education secretary nominee Linda McMahon to treasury secretary pick Scott Bessent.
Including Musk—who is set to co-lead an advisory commission tasked with gutting federal regulations and spending—the combined net worth of Trump's incoming administration could exceed $460 billion, according to ABC News.
In a Fox News op-ed published Sunday, Sen. Bernie Sanders (I-Vt.) wrote that "we must not allow billionaire oligarchs to buy our government."
"Trump has repeatedly claimed that he wants the Republican Party to represent the needs of working people," Sanders continued. "Well, you don't do that by surrounding yourself with the richest people in the world and putting 13 billionaires in your Cabinet, many of whom have a direct financial stake in the industries they are charged with regulating."
 
Eduardo Vasco
The United States is experiencing “a dangerous concentration of power in the hands of a few super-rich people,” that is, an “oligarchy.” This is how President Joe Biden addressed American citizens in his farewell speech from the White House, broadcast on national television. Indirectly referring to the billionaires linked to Donald Trump, he declared that their “extreme wealth, power, and influence” are “literal” threats to democracy.
Since all the misfortunes that have been occurring in the U.S. and around the world are attributed exclusively to the far right, it is hidden, however, that this concentration of power and wealth has been going on for a long time and is nothing new. The conclusion of the bourgeois revolution with the unification of the country after the civil war meant the transition of power from the agrarian bourgeoisie, linked to the Democratic Party, to the industrial bourgeoisie, represented by the Republican Party. Already at that time, the great capitalist monopolies that would control U.S. politics to this day were being formed.
“The Rockefellers in oil, the Carnegies and Fricks in steel, the Morgans in banking, or the Harrimans and Hills in railroads—these were the men who had an influential voice in the Republican Party, and also in the Democratic Party, from 1865 to 1901,” wrote historian Arthur S. Link. “They financed political campaigns and received government rewards in the form of concessions for public services, land, tax exemptions, or tariff protections.”
After World War II—in which the U.S. entry was a necessity for these monopolies—the concentration of political power by the monopolies was consolidated. When he came to power in 1953, Dwight Eisenhower filled his cabinet with representatives of the big companies: Charles Wilson, of General Motors, for the Pentagon; George Humphrey, of M.A. Hanna Steel Company, for the Treasury; Sinclair Weeks, an industrialist, for Commerce; Arthur Summerfield, from the automobile industry, for the Post and Telegraph Office; Ezra Taft Benson, from the agricultural markets, for Agriculture; and the wealthy corporate lawyer John Foster Dulles for the State Department. Together with Douglas McKay, from the Interior, and Herbert Brownell, from Justice, they formed a cabinet that was described by the New Republic as having “eight millionaires and a fireman.” The fireman was Secretary of Labor Martin Durkin, a union leader from the American Firemen and Plumbers Association. A few months later, Durkin would be replaced by the big retailer James Mitchell, and the Department of Health, Education, and Welfare would be created under the responsibility of Oveta Culp Hobby, wife of the communications entrepreneur William P. Hobby.
Perhaps one of the governments most famous for its relationship with the “oligarchy,” as Biden put it, was that of George W. Bush. As an oil businessman himself (in addition to his contacts with other areas, such as arms), his vice president was Dick Cheney (an oil businessman), whose wife worked on the board of the arms giant Lockheed. Donald Rumsfeld, who was his Secretary of Defense (and also Gerald Ford’s), had businesses in the pharmaceutical and electronics industries, and Secretary of State Condoleezza Rice was an advisor to Chevron. It is no surprise that many of the companies directly linked to the Bush Jr. administration were among the major beneficiaries of the invasion of Iraq.
The great businessman of the Trump administration
Donald Trump returns to the United States government maintaining this tradition. A tycoon with businesses in various sectors (from real estate to entertainment), he has appointed major businesspersons to key positions (Scott Bessent for Treasury; Linda McMahon for Education; Howard Lutnick for Commerce; Chris Wright for Energy; Doug Burgum for Interior; Susi Willes to head the White House and Steven Witkoff for the Middle East). But the big name will not occupy an official position: Elon Musk will be in charge of the Department of Government Efficiency, to reduce public spending by a third.
The richest man in the world and the largest donor to Trump’s campaign (220 million dollars), Musk has become so close to the new president that he has already become a target of the most radical MAGA ideologues, such as Steve Bannon, who accused him of betraying Trumpism by defending the possibility of increasing the immigration of skilled workers to work in his companies, receiving lower wages and filling the vacancies of American workers. The technology billionaire also upset the traditional sectors of the military-industrial complex when he proposed to the government that Lockheed’s arms contracts be replaced by drones developed in Silicon Valley.
In fact, Musk will not have contracts with the U.S. government after Trump’s second term. Since Joe Biden, SpaceX has been building a network of spy satellites for intelligence agencies and the Pentagon. Outside the United States, Musk began investing in the extraction of Argentine lithium to supply Tesla. Since then, he has also become friends with Javier Milei and supported his election, apparently in exchange for Argentine lithium concessions. In a TV show after being elected, Milei revealed that Musk was “extremely interested in Argentine lithium”, assuring that he would change the country’s legislation to guarantee “a legal framework that respects the property rights” of the businessman and other American companies. Shortly after, Milei also announced the “deregulation of satellite internet services to allow the entry of companies like Starlink”.
This is certainly one of the reasons for Trump’s rapprochement with Milei. A few years ago, Musk also revealed that he had supported the 2019 coup in Bolivia, which has the world’s largest lithium reserves. “We will coup whoever we want,” he posted at the time. This history, combined with recent tensions with President Lula and the Brazilian Supreme Court, raises alarm bells about the imminent possibility of Brazil being one of the next in line for the coups mentioned by Musk. Bolsonaro’s supporters are desperate to return to government and replace the Chinese automakers that recently arrived in the country with Tesla, as well as to ensure that the Chinese company SpaceSail, which signed contracts with Telebrás, is eliminated from the competition with Starlink.
Judging by his frequent statements that go far beyond the area of spending cuts, for which Musk was appointed by Trump, the owner of X both influences and expresses the opinion of the president himself and sectors of his new government. Even wealthy countries such as Canada, Germany and the United Kingdom have been the target of Musk’s greed, as he supports the annexation of the former and the rise of the far right in the governments of the other two. All these cases, both in the Americas and in Europe, reveal an aggressive interventionist policy – a tendency of part of the new Trump administration, divided between isolationists and conservative “internationalists”. It is logical that this aggressiveness is not motivated by any ideology, but rather by the need for profits of Musk and other businessmen in the Trump administration.
Charles Wilson, a large shareholder in General Motors who was appointed Secretary of Defense by Eisenhower, declared during his Senate hearing in 1953: “What is good for the country is also good for General Motors and vice versa.” In this sense, nothing has changed in the last 70 years. Only that GM has given way to Tesla.
 
Umar A Farooq
Nearly a third of US voters who cast their ballots for former President Joe Biden in 2020 decided against voting for Kamala Harris in the 2024 presidential elections because Biden supported Israel's war on Gaza, a new poll has shown.
The poll, conducted by the Institute of Middle East Understanding and YouGov, attempts to provide a possible answer to the question of why Harris received six million fewer votes than Biden received in 2020.
The survey, which was released last week, found that 29 percent of Americans who voted for Biden in 2020 and didn't vote for Harris in 2024 cited "ending Israel’s violence in Gaza" as their reason for withholding their vote.
"Vice President Harris lost votes because of the Biden administration’s support for Israel’s genocide of Palestinians in Gaza," IMEU said in a statement announcing the poll.
That reason surpassed the economy, immigration, healthcare, and abortion, all of which have historically been major voter issues in past presidential elections. Foreign policy is often a low factor in voter turnout.
Harris became the Democratic nominee last July after Biden dropped out of the race following a dismal performance in the first debate against Donald Trump.
While many Democratic voters were hopeful that Harris would break from Biden's unconditional and unrelenting support for Israel's war on Gaza, Harris made no effort to create any distance between her and her predecessor on the issue.
At the Democratic National Convention in August 2024, when Harris was to be officially nominated as the Democratic nominee for president, the DNC was met with major pro-Palestinian protests outside the convention hall.
Inside the convention, DNC delegates aligned with the Uncommitted Movement called on convention leaders to allow a Palestinian speaker to speak on the main stage. The request was unequivocally denied.
While Harris offered a softer tone and evoked empathy with the Palestinians killed and under constant Israeli bombardment, Harris and those around her continuously reiterated support for Israel's war effort.
"Let me just make this clear: The vice president has been and will be a strong supporter of Israel as a secure democratic and Jewish state, and she will always ensure that Israel can defend itself, period. Because that’s who Kamala Harris is," Doug Emhoff, Harris' husband, said during a Zoom call in July 2024.
The IMEU and YouGov poll surveyed 604 voters between 20 December 2024 and 7 January 2025.
Democrats failed to listen to voters
In the 2024 presidential election, Harris received 75 million votes compared to Trump's 77 million votes.
Given that the overall drop-off in voter turnout was smaller in several swing states in 2024, it's difficult to definitively conclude that one issue alone led previous Biden voters to not vote for Harris.
However, the IMEU and YouGov poll found that 2020 Biden voters were three times more likely than not to vote for Harris if she "pledged to break from President Biden's policy toward Gaza by promising to withhold additional weapons to Israel".
Among that same group of voters, 53 percent said that Biden's support for Israel was "too much".
During the 2024 election cycle, leading figures within the Democratic Party framed Harris as the better alternative for voters outraged by the US support for Israel's war on Gaza.
The war, which began after the Hamas-led attacks on southern Israel in October 2023, has killed more than 46,000 Palestinians while also destroying much of Gaza's civilian infrastructure and displacing most of the enclave's population of two million Palestinians.
Alexandria Ocasio-Cortez, a leading progressive figure in the Democratic Party, claimed in August 2024 that Harris was "working tirelessly" for a ceasefire in Gaza.
However, a ceasefire between Hamas and Israel was finally achieved after Trump was elected as president, and after his incoming envoy travelled to the region to push Israel to accept a deal.
"The Democratic Party needs to come to terms with the real reasons it lost the presidency in November, including that after over a year of unprecedented protests and calls for Biden to stop sending weapons to Israel, party leadership failed to listen to its own voters who overwhelmingly want their government to end its complicity in Israel’s genocide in Gaza," IMEU said.

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