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In reply to the discussion: Snowflake Thiel plans to leave California over a f*cking ONE PERCENT "billionaires tax." ONE F*CKING PERCENT. [View all]Kid Berwyn
(22,750 posts)66. Guy wants to eliminate the risk democracy presents to his money.
That way, government of the rich, by the rich, and for the rich shall never perish from the earth or any other nearby planet.

The significance of their attendance
Big picture view:
The presence of these billionaires at Trumps inauguration reflects their alignment with his pro-business policies, which include tax reforms and deregulation initiatives likely to benefit their industries.
It also highlights Trumps ongoing influence among tech moguls and global elites, despite political controversies surrounding his leadership.
Source: https://www.fox7austin.com/news/billionaires-trump-inauguration-2025

JD Vance Is An Investor In A Far Right Video Platform Filled With Neo-Nazi Content
By Hunter Walker
Talking Points Memo, August 1, 2024
Sen. J.D. Vance (R-OH) has been making headlines for his rocky rollout since being named former President Donald Trumps running mate last month. The bad headlines and poll numbers have been driven by Vances extreme comments about childless cat ladies, abortion, and more. Well, along with extreme comments, Vance has some extreme investments.
Vance has had a six-figure stake in Rumble, an online video platform. The company has played host to Russian propaganda and to far-right personalities like Stew Peters and Tim Pool. It has also featured even more extreme content, including explicitly neo-Nazi images and themes like this song touting the Reich and calling for Jews to be placed in ovens from a dissident rapper with a dedicated page on the site. The site features a plethora of channels and videos dedicated to the concept of white genocide, which is a core belief for white supremacists. It also hosts channels for explicitly white supremacist organizations including VDare and Patriot Front, which has led masked demonstrations around the country.
A former Marine, Vance was elected in 2022 after a career as a bestselling author and venture capitalist. In both the financial world and as he rose in politics, Vance has been backed by the Silicon Valley investor and right-wing donor Peter Thiel. The pair co-founded a firm, Narya Capital, in 2020. In keeping with Thiels preferred styling, the company was named after a reference to the Lord of the Rings fantasy novels.
In 2021, Narya Capital made a major investment in Rumble. The investment, which made Narya one of Rumbles top shareholders, also gave the firm a seat on Rumbles board. Financial disclosures filed by Vance in conjunction with his Senate bid also show that he made a personal investment in Rumble that was valued between $100,000 and $250,000.
Snip
The stake is notable because it represents a direct financial link between Vance and a key outlet for some of the most extreme elements of the far right. Vances stake in Rumble was the subject of a New York Times piece during his Senate race in 2022. That story focused on Rumble hosting the Kremlin-backed propaganda network RT, but gave less attention to the extensive hate speech on the site.
Continues
https://talkingpointsmemo.com/where-things-stand/jd-vance-is-an-investor-in-a-far-right-video-platform-filled-with-neo-nazi-content
MAGA nation has no idea they slave for the 1-percent of 1-percent who resident George W. "Baby Doc" Bush toiled for: There are two kinds of people in the world: The Mores and The Have-Mores."

The significance of their attendance
Big picture view:
The presence of these billionaires at Trumps inauguration reflects their alignment with his pro-business policies, which include tax reforms and deregulation initiatives likely to benefit their industries.
It also highlights Trumps ongoing influence among tech moguls and global elites, despite political controversies surrounding his leadership.
Source: https://www.fox7austin.com/news/billionaires-trump-inauguration-2025

JD Vance Is An Investor In A Far Right Video Platform Filled With Neo-Nazi Content
By Hunter Walker
Talking Points Memo, August 1, 2024
Sen. J.D. Vance (R-OH) has been making headlines for his rocky rollout since being named former President Donald Trumps running mate last month. The bad headlines and poll numbers have been driven by Vances extreme comments about childless cat ladies, abortion, and more. Well, along with extreme comments, Vance has some extreme investments.
Vance has had a six-figure stake in Rumble, an online video platform. The company has played host to Russian propaganda and to far-right personalities like Stew Peters and Tim Pool. It has also featured even more extreme content, including explicitly neo-Nazi images and themes like this song touting the Reich and calling for Jews to be placed in ovens from a dissident rapper with a dedicated page on the site. The site features a plethora of channels and videos dedicated to the concept of white genocide, which is a core belief for white supremacists. It also hosts channels for explicitly white supremacist organizations including VDare and Patriot Front, which has led masked demonstrations around the country.
A former Marine, Vance was elected in 2022 after a career as a bestselling author and venture capitalist. In both the financial world and as he rose in politics, Vance has been backed by the Silicon Valley investor and right-wing donor Peter Thiel. The pair co-founded a firm, Narya Capital, in 2020. In keeping with Thiels preferred styling, the company was named after a reference to the Lord of the Rings fantasy novels.
In 2021, Narya Capital made a major investment in Rumble. The investment, which made Narya one of Rumbles top shareholders, also gave the firm a seat on Rumbles board. Financial disclosures filed by Vance in conjunction with his Senate bid also show that he made a personal investment in Rumble that was valued between $100,000 and $250,000.
Snip
The stake is notable because it represents a direct financial link between Vance and a key outlet for some of the most extreme elements of the far right. Vances stake in Rumble was the subject of a New York Times piece during his Senate race in 2022. That story focused on Rumble hosting the Kremlin-backed propaganda network RT, but gave less attention to the extensive hate speech on the site.
Continues
https://talkingpointsmemo.com/where-things-stand/jd-vance-is-an-investor-in-a-far-right-video-platform-filled-with-neo-nazi-content
MAGA nation has no idea they slave for the 1-percent of 1-percent who resident George W. "Baby Doc" Bush toiled for: There are two kinds of people in the world: The Mores and The Have-Mores."
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Snowflake Thiel plans to leave California over a f*cking ONE PERCENT "billionaires tax." ONE F*CKING PERCENT. [View all]
Miles Archer
8 hrs ago
OP
The ultra-rich can easily borrow against their assets to avoid triggering capital gains
unblock
7 hrs ago
#14
Bye bye Fuck face. You should move to Russia, Putin will help you save your pennies.
Autumn
7 hrs ago
#19
I wonder if a retroactive penalty tax would be legal should they leave for that reason.
cstanleytech
7 hrs ago
#24
Obviously his only principle in life is profit above all, no matter how small. What a small human being.
Martin68
6 hrs ago
#25
An immigrant from Germany who doesn't want to chip in for the good of Americans
Mblaze
6 hrs ago
#41
He would say it is the principle because he and most of his other oligarch companions' only
Bev54
5 hrs ago
#46
Wish they would all move to their compounds in Honduras and Costa Rica to live out their little randian fantasies.
pecosbob
5 hrs ago
#48
I'm appalled that my state wants a 1% increase in taxes for those with wealth over 1 billion dollars.
Buddyzbuddy
3 hrs ago
#61