How Project 2025 Will Decimate the American Economy, Destroy Your Savings, and Ruin Your Life
And how billionaires are already protecting themselves (Scroll to the end to listen; PLUS a video message from me to you)
On 1 July, the unelected fascist Supreme Court fundamentally changed our form of government. It’s now okey-dokey for the president to be a dictator. It’s cool for our federal government to be unable to function.
For anyone who’s paid attention to the mainstream or right-wing media (is there any difference?), there was nothing for Americans to see in these decisions. It was way more important to generate clicks with stories about party discord and age and infighting and whether people with colds should take cold medicine.*
So I don’t blame anyone for missing the news that on 3 July, billionaire oligarch Jeff Bezos announced that he is selling $5 billion of his Amazon stock at an all-time high. 25 million shares. He filed the paperwork on 2 July, one day after last Monday’s disastrous Supreme Court ruling on Presidential immunity that ended a run of government-gutting decisions.
Want to know how healthy the economy is projected to be? You won’t find it in business journals or forecasts. Talking heads make money to blow hot air out of their faces while telling you nothing.
Americans have been conditioned to believe High Stock Market = Good Economy. Or Housing Prices Are Rising = Good Economy. Or I can buy shit that I want = Good Economy. What passes for American economic education is I feel a vibe; therefore it must be true.
So let’s talk about a man who became obscenely wealthy selling Americans cheap goods.
When obscenely wealthy people make monumental financial decisions, PAY ATTENTION to timing.
Jeff Bezos didn’t move $5 billion dollars because he disagrees with fascism. He’s cool with Kevin Roberts, Michael Flynn, and their goon squad subjugating and killing us.
No, Bezos knows the decisions the Supreme Court made to enable a fascist government will tank the Amazon economy. People who are being terrorized by autocrats will have neither time nor money to buy cheap shit they want. He’s hedging his bets and taking care of himself.
Which should speak louder than any talking head about what Republican economic policies will do to the economy. Here’s why.
Kevin Roberts, the fascist Republican head of The Heritage Foundation and Project 2025’s main sponsor, basically said this last week: “If you resist Project 2025, we will kill you.”
But he also wrote this:
The next conservative President should go beyond merely defending America’s energy interests but go on offense, asserting them around the world. America’s vast reserves of oil and natural gas are not an environmental problem; they are the lifeblood of economic growth.
Project 2025, page 13
Project 2025’s fascist Republican economic plan is Drill Drill Drill Extract Extract Extract. Think I’m exaggerating?
Full-spectrum strategic energy dominance would facilitate the reinvigoration of America’s entire industrial and manufacturing sector as we disentangle our economy from China.
Project 2025, page 13
My handwritten note in the margin of my worn-out paper copy of P2025 (A book that deserves to be banned and burned the moment the election is over): What they don’t say - this manufacturing will be done by a mix of robots, free detention camp and prison labor, and children. It won’t create millions of high-paying jobs as Republicans claim.
Disentangling our economy from China and re-industrializing the US using cheap or free/enslaved labor are key aims of Project 2025.
Economic engagement with China should be ended, not rethought.
Project 2025, page 13
So Project 2025’s economic plan is 1. China evil; 2. oil, gas, and extraction good; 3. immigration bad; 4. incarcerated enslaved labor good; 5. taxing the rich bad; 6. tricking dumb nuts to vote for their own tax increases, no Social Security, no Medicare good; 7. all while they carry out a self-defined revolution where they’re happy to kill people, gut the federal government, and install a dictator.
Here are links to economic points we’ve already covered.
WHAT COULD POSSIBLY GO WRONG?
Jeff Bezos sees what could go wrong. He won’t let The Washington Post warn you or any other American (beyond this editorial), but he’s taking steps to protect himself from this potential fascist Republican decimation of the US economy.
Because like all billionaire oligarchs, he doesn’t give one good bowel movement about YOU, your family, your job, your retirement, your healthcare, your life, the climate, democracy, or this country. He probably plans to use that $5 billion to live in space while we suffer the consequences.
Tomorrow, I am writing about fascist Republican legislative attacks on responsible investing and what they mean for YOU.
I’m so grateful for this community. A think-tank-connected reader shared a research paper with me, because she saw a connection between their findings and Project 2025. I haven’t seen anyone, anywhere, talking about this report. I hope you’ll finish the newsletter tomorrow armed with more economic information to continue to fight for We the People.
* I don’t mean to diminish anyone’s concerns about our nominee. I’ve participated in those conversations elsewhere. Plenty of you know what I think. So much of our media is failing us because it can’t stay on task, other than the pursuit of eyeballs and bucks. I want to keep the daily newsletter on-task: Giving readers tools to defeat fascist Republicans and Project 2025.
Calls to Action to Keep P2025 From Ruining YOUR Life
Check your voter registration or register to vote: I Will Vote
Support Democratic campaigns directly in competitive races: Blue24
Support earlyworm’s 2024 Giving Guide: earlyworm
Report a Project 2025 incident: Not On Our Watch
Mail postcards to swing-state voters: Postcards to Swing States
Kevin Roberts, the fascist Republican head of The Heritage Foundation and Project 2025’s main sponsor, basically said this last week: “If you resist Project 2025, we will kill you.” As he phrased it "if the Left will let it" [be bloodless]. This is akin to the wife-beater who says "Don't make me beat you." It's a preemptive framing of the victim as the aggressor.
Imagine every National Park turns into drilling sites, fracking.
Imagine an overloaded mining bucket with 25 men..... like what they used to do to the Chinese in the 1700/1800s...... overload the bucket to get them all down there faster to work.
Imagine people of all ages losing lives, limbs and eyeballs because OSHA will be dismantled. None of them will have recourse for compensation.
Imagine all of the increased racial profiling in order to incarcerate black and brown so they can be forced into the mines to go to work for free.
Imagine the United States turning into a third world country full of ghettos, garbage everywhere, homeless people everywhere, starvation......all while the kings and queens live in fortified Castle surrounded by moats.
Imagine an apocalypse movie.