“A small band of Republicans and Democrats in the Texas House are coming together to stop two West Texas billionaires from taking over our state government. Their names are Tim Dunn and Farris Wilks and are the biggest republican donors in the State. They’ve already bought our Governor, they bought our Lieutenant Governor, they bought our Attorney  General, they bought our State Senate and now, to complete their takeover, they’re trying to buy Texas House…. They are Christian Nationalist pastors… We cannot allow two billionaires to transform our beloved State into a theocracy, we have to stop them.” James Talarico, Texas State Representative.

Unfortunately, this is not limited to Texas. It is a tidal wave engulfing the whole USA.

As president Trump touts his executive orders and Tariffs as “Liberation”, facts point in another direction: trade wars, sinking stock markets, international isolation, higher prices, domestic and international polarization, dismantling of federal bureaucracy, curtailment of freedoms, attacks on the judiciary, concentration of power in the executive branch, suffocation of academia and scientific research and removing environmental controls.

Alongside Trump, a number of oligarchs, spearheaded by Elon Musk, are busy working on dismantling government institutions to privatize their services and take them over.

When the Soviet Union collapsed in 1991, a class of oligarchs emerged and took over the major economic sectors of Russia: oil, nickel and aluminum, banking, media, telecommunications, infrastructure and farming. This was done through a process of scheming, deceit and market manipulation. Even though President Putin regained control on some sectors, Russian oligarchs still coexist with his administration and continue to control substantial assets across various industries, including metals, mining, energy, and agriculture.

It took the collapse of the Soviet Union for the Russian oligarchs to emerge, dismantle the state and take over the economy. The American oligarchy is systematically dismantling government institutions while expanding corporate power, controlling elections and policymaking through unlimited campaign spending, weakening regulations that protect workers, consumers, and the environment and privatizing public services for profit.

The USA is following in the Soviet Union footsteps but in reverse order. There, a dictatorship led to collapse and oligarchy rule. In the USA, oligarchs are taking over and paving the way to a dictatorship.

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