Hot Type: The Cult of the Billionaire

Instead of glorifying hoarders of vast un-spendable wealth, the world must finally wake up to the huge damage they are doing, writes Heidi Siegmund Cuda

MAGA didn’t know they were voting for billionaires to deliver them austerity. They just wanted to own the libs.

But as I wrote in my recent Hot Type column, dozens of billionaires paid for Trump’s 2024 campaign, and among them, were men who got their wealth from buying distressed homes during the Great Recession. All that pain that tore through the United States during the mortgage crisis, resulting in millions of displaced and devastated families, was good for the business of making more billionaires.

MAGA didn’t know that Donald Trump never planned to make good on his promise to deliver cheaper eggs, but he is promising to deport millions of people while taking away safety nets that grew out of the New Deal of the 1930s, when Americans were literally dying on the streets.

Currently, repeated weather events caused by global warming are displacing Americans, but ongoing tribal agitation keeps the population distracted while Trump stacks his upcoming administration with anti-science robber barons.

So how did we get to a place where the rich who profit from the misery of the poor became the heroes?

According to US historian Dr Nancy MacLean it began with disinformation.