(Sept 13, 2023)
At the Private and Public Sector Entity Levels. (In trillions of U.S. dollars)
PRIVATE SECTOR:
Households 121.9
Nonprofits 8.6
Noncorporate businesses 17.2
Total U.S. Private Sector 147.7
PUBLIC SECTOR:
Federal government – 21.3
State and local government 11.5
Total U.S. Public Sector – 9.8
Instrument discrepancies – 1.1
TOTAL U.S. WEALTH 136.8
Vice President JD Vance discusses how the GOP can combat socialist support on ‘The Will Cain Show.
(December 19, 2025)
Stanley Pottinger, as it happens, was a notable figure in the scandal that became known as Iran-Contra, in which the CIA used Israel as a middleman to move off-the-books weapons to Iran. In the early 1980s, under the CIA’s supervision, Pottinger advised an Iranian banker on shipping embargoed arms to Iran using fraudulent paperwork and overseas “dummy companies”—in the very same period that Pottinger and Epstein worked together selling “tax-avoidance” strategies from a penthouse by Central Park. Pottinger’s system eventually gave rise to a network of covert intermediaries shipping arms around the world; the CIA’s profits became a slush fund used to illegally bankroll the insurgent Contra army, who waged a war against Nicaragua’s leftist government while simultaneously trafficking cocaine to the United States.
(…)
Pottinger escaped prosecution after the FBI’s incriminating tapes of his conversations mysteriously disappeared; he went on to make a fortune on real estate deals in the 1980s, and became a New York Times’ bestselling novelist. His Times obit from last year reports that his final spy thriller remains unpublished. Hashemi died in 1986 after being infected with “a rare and virulent form of leukemia” that was diagnosed only two days before he died. (His death was later alleged to be foul play.)
(June 14, 2026
The final decade of the Soviet Union showed how systemic corruption and elite self-enrichment destroy public faith in a governing system. The nomenklatura—the Communist Party’s privileged bosses—enjoyed dachas, special stores, and luxury while ordinary citizens faced shortages and endless propaganda about equality. Scandals like the Uzbek cotton embezzlement exposed billions diverted through falsified records and bribes. This hypocrisy sped up the CPSU’s moral and practical collapse in 1991.
(Juli 16, 2026)
Private Haushalte
Geldvermögen insgesamt
9.489,9 (Milliarden Euro)
(…)
Nichtfinanzielle Kapitalgesellschaften
(unkonsolidiert)
Geldvermögen insgesamt
9.068,5 (Milliarden Euro)
(…)
(October 17, 2024)
Private Haushalte
Geldvermögen insgesamt
8.814,7 (Milliarden Euro)
(…)
Nichtfinanzielle Kapitalgesellschaften
(unkonsolidiert)
Geldvermögen insgesamt
8.779,8 (Milliarden Euro)
(…)
(June 26, 2026)
“The misdirect here is that Newsom is opposing a WEALTH tax on billionaires in his own state and insisting he supports a new national INCOME tax on billionaires. But billionaires make money off non-income sources.”
(June 25, 2026)
The Democratic Socialists of America (DSA) are eyeing a 2028 presidential bid in the wake of recent electoral successes across the country.
DSA Co-chair Ashik Siddique told The Hill in a Thursday interview that the organization has more than 100,000 members and 200 chapters across the country. “We want people to be talking proactively about what they would want to see in a presidential campaign,” he said. The organization is looking to see how voters would engage and what would motivate them, he added.
The push to put a billionaire tax to a popular vote in blue California has exposed deep divides on the left, even as Democratic politicians across the country rally around calls for the wealthy to pay more. The issue is pitting the populist mood of the public against many Democrats’ fears that the measure will push the ultrawealthy to join a broader exodus from the state and take their tax dollars with them.
(June 25, 2026)
SEIU-United Healthcare Workers West President Dave Regan refused to back down on the billionaire tax.
(January 12, 2026)
The conversations, reported here for the first time, have occurred intermittently for months as SEIU-UHW’s ballot initiative targeting billionaires migrated from the backrooms of California politics to the center of a raging debate about Silicon Valley and income inequality, sparking tech titans’ wrath and vows to move out of state.
“We’ve been at this for four months,” Newsom said in an interview with POLITICO, describing an “all-hands” effort that has included him meeting one-on-one with SEIU-UHW’s leader, Dave Regan.
A compromise does not appear imminent. A union official cast doubt on the possibility of a deal, saying the two sides do not currently have another meeting scheduled and framing a ballot fight as an inevitability.
Our solution: The California Billionaire Tax Act
We’re calling on California’s billionaires to step up and pay a one-time, emergency 5% tax to prevent the collapse of California healthcare and help fund California public K-14 education and state food assistance programs. This would protect healthcare jobs and ensure working people and families can get the care they need. The tax would be paid only by Californians worth more than $1 billion — which is about 200 people who hold a combined wealth of $2 trillion.
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Visit the campaign website.
(January 16, 2025)
The very richest Americans are among the biggest winners from President Joe Biden’s time in office, despite his farewell address warning of an “oligarchy” and a “tech industrial complex” that threaten US democracy.
The 100 wealthiest Americans got more than $1.5 trillion richer over the last four years, with tech tycoons including Elon Musk, Larry Ellison and Mark Zuckerberg leading the way, according to the Bloomberg Billionaires Index. The top 0.1% gained more than $6 trillion, Federal Reserve estimates through September show.
(Sept 13, 2023)
At the Private and Public Sector Entity Levels. (In trillions of U.S. dollars)
PRIVATE SECTOR:
Households 121.9
Nonprofits 8.6
Noncorporate businesses 17.2
Total U.S. Private Sector 147.7
PUBLIC SECTOR:
Federal government – 21.3
State and local government 11.5
Total U.S. Public Sector – 9.8
Instrument discrepancies – 1.1
TOTAL U.S. WEALTH 136.8
James is an eighth-generation Texan, former middle school teacher, and Presbyterian seminarian. As a state representative, he’s led the fight against the billionaire mega-donors and puppet politicians who have taken over Texas.
Now, he’s running for U.S. Senate to take his fight against corruption to Washington and win power back for working people.
(Sept 13, 2023)
At the Private and Public Sector Entity Levels. (In trillions of U.S. dollars)
PRIVATE SECTOR:
Households 121.9
Nonprofits 8.6
Noncorporate businesses 17.2
Total U.S. Private Sector 147.7
PUBLIC SECTOR:
Federal government – 21.3
State and local government 11.5
Total U.S. Public Sector – 9.8
Instrument discrepancies – 1.1
TOTAL U.S. WEALTH 136.8
(May 26, 2026)
A California ballot initiative that will be put to voters in November would tax just 5 percent of billionaires’ fortunes over five years. This trailblazing wealth tax would be a small (for the ultrawealthy) but important (for everyone else) step toward raising needed tax revenue and curbing the state’s runaway inequality.
The billionaire class in California includes roughly 250 households, a mere 0.001 percent of the state’s families. Yet its wealth now amounts to more than half of California’s entire annual economic output.
This means that if these billionaires spent all of their wealth, they could buy more than half of the goods and services produced in a year in the entire state.
Gasoline accounts for a shrinking share of household budgets, but its political power can still make or break a presidency.
U.S. President Donald Trump left China on Friday with no major breakthroughs on trade or tangible help from Beijing to end the Iran war, despite two days spent heaping praise on his host, Xi Jinping.
Xi Jinping told President Trump their countries should be “partners rather than opponents” as they began a high-stakes summit in Beijing. Over two days of meetings, they are expected to discuss a range of thorny issues, including tech, trade and Taiwan.
One of the strongest indicators of whether people or businesses are actually fleeing from a city is the housing and real estate market. During the COVID-19 pandemic, when many residents really did leave New York for the surrounding suburbs and other states, the city’s vacancy rates soared and rents dropped with demand, leading to “COVID discounts” at the height of the pandemic. This trend was even more extreme for the city’s commercial real estate, where vacancy rates doubled as more companies adopted remote work and shed office space.
Today nearly every indicator points to the opposite problem: demand is running hot and supply is lagging badly, especially when it comes to housing.
(January 16, 2018)
Im Falle eines Zusammenbruchs der „S.P.D.“ würde sich sofort eine sozialdemokratische Partei Deutschlands gründen.
Zur Zeit steht die im Kaiserreich gegründete und in den letzten sechzehn Jahren Krieg und Euro-Kapitalismus zwölf Jahre an der Regierung befindliche Partei „S.P.D.“ bei 18,5 Prozent. Mancher wird sich nun fragen, wie das ohne die „S.P.D.“ weitergehen soll. Genau das ist ja der Punkt: gar nicht. Das ist ein Grund zur Freude, nicht zur Sorge.
Die „S.P.D.“ ist eine Fantompartei. Ihre einzige Aufgabe ist es die Berliner Republik abzuwickeln, die sie nie gewollt hat und die ihrem Auftrag „Vereinigte Staaten von Europa“ genauso im Weg steht wie alle anderen Demokratien auf dem Kontinent. Diese machen den Deutschen wieder einmal vor, wie einfach es sein kann neue Parteien zu gründen, wenn einen die alten verraten.
Das müssen die Deutschen offensichtlich einfach noch lernen. Denn Demokratie ist wie Autofahren. Wer sie nicht kann, der will sie nicht, der will sie auch nicht lernen, sondern lieber einen Verkehrsunfall.
Is Trump a freak of history or its fulfillment, an aberration or a culmination? The answer, surely, is both. But in the course of his presidency, Trump has revealed a much older malady: America’s unshakable faith in its ability to shape the world to its liking, indifferent to what others might want and supremely confident that its plan is the right one. Beyond Trump, it’s this disfiguring mentality we Americans must face.
Richard Kahn (l) and Darren Indyke (r) have rarely been photographed in public
(February 3, 2026)
“[T]he United States must not release any document or material from the purported ‘Epstein Files’ that mentions or references any of the above-listed Defendants [Alon, Oren and Tal Alexander], explicitly or implicitly, before a jury verdict has been rendered in this case,” Caproni’s order says.
Caproni ordered U.S. Attorney for the Southern District of New York Jay Clayton to sign off on having notified U.S. Attorney General Pam Bondi about her order, as well as the U.S. deputy attorney general and U.S. attorney for the Southern District of Florida.