Politicians Red and Blue love PEU (private equity underwriters) and increasingly, more are one. The Red Team's Peter Thiel not only founded multiple PEUs, he is sponsoring two of his former PEU executives for the U.S. Senate. He also believes so deeply in American democracy that he is pursuing his third passport. He hopes to add Malta to his U.S. and New Zealand passports.
The competition today is to steer Uncle Sam's wallet and control the levers of government to benefit modern day robber barons.
Swiss investor Marc Faber described the difference between 19th century robber barons and the current version in a Wealthion interview. The 19th century version raised the economic tide for society and left critical infrastructure for future generations. He said current robber barons are solely out for personal gain.
In one answer Faber noted The Carlyle Group and its profitable link to the federal government since its founding. History shows Carlyle's co-founders grew their wealth into billions while U.S. worker pay remained stagnant.
Users have been manipulated by social media platforms. Voters can be duped as well. The Peter Thiel's and George Soros count on that.
Update 10-21-23: Marc Cohodes wrote "Peter Thiel is and always has been Dirty."
