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Democracy Matters :verified:
Democracy Matters :verified:
@DemocracyMattersALot@mstdn.social  ·  activity timestamp 5 days ago

We won't get out of this mess, not really, until we address the greatest wealth disparity America has ever known.

Support unions! Support labor! Tax the rich! Tax corporations!

America belongs to its people--all of them.

#UnionStrong #WealthDisparity #TaxTheRich #USPol

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MissConstrue
MissConstrue
@MissConstrue@mefi.social replied  ·  activity timestamp 4 days ago

@DemocracyMattersALot I had the most amazing conversation this afternoon with two budtenders. Young women; and Epstein talk turned to the vampire squid wrapped around the planet, and I said something like "It's astonishing to me that 10 companies own most of the food manufacturing companies in the world". and "If you really want a rabbit hole, start looking at Blackrock....22 trillion dollars controlling a vast amount of companies." And one got a notebook and I started listing off resources, include Democracy Matters and More Perfect Union, and some other places, and I'm not sure, but I may have just added two more to the Rural Antifa Brigade. ;)

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⁂ Fish Id Wardrobe
⁂ Fish Id Wardrobe
@fishidwardrobe@mastodon.me.uk replied  ·  activity timestamp 4 days ago

@MissConstrue @DemocracyMattersALot do i want to know about the vampire squid?

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MissConstrue
MissConstrue
@MissConstrue@mefi.social replied  ·  activity timestamp 4 days ago

@fishidwardrobe @DemocracyMattersALot Ah, yes, the phrase is a callback to a now famous Rolling Stone magazine article in 2009 by Matt Taibbi where he unforgettably referred to Goldman Sachs, the world’s most powerful investment bank, as a “great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

At the time, Taibbi was describing Goldman’s role in the 2008 financial crisis and the speculative bubble of mortgage-backed securities assets which later came crashing down.

Subsequently, much like the phrase “enshittification” became parlance after @pluralistic coined it, “vampire squid” became shorthand for the Money Men.

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