US Billionaire Wealth Surges to $8.1 Trillion as Affordability Crisis Hammers Working Class

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Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). 

Elon Musk looks on as US President Donald Trump speaks at the US-Saudi Investment Forum in Washington, DC on November 19, 2025. (Photo by Brendan Smialowski/AFP via Getty Images)

“Billionaires are raking in staggering profits off the backs of ordinary workers,” said Chuck Collins of the Institute for Policy Studies.

The collective wealth of US billionaires surged to $8.1 trillion in 2025 as working-class Americans faced a cost-of-living crisis made worse by President Donald Trump’s tariff regime and unprecedented assault on the social safety net.

An analysis released Friday by the Institute for Policy Studies (IPS) found that the top 15 US billionaires saw the largest wealth gains last year, with their collective fortune growing from $2.4 trillion to $3.2 trillion. That 33% gain was more than double the S&P 500’s 16% increase in 2025.

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What IPS describes as the “elite group” of US billionaires includes Tesla CEO Elon Musk, the richest man in the world; Google co-founder Larry Page; Amazon founder Jeff Bezos; and Oracle executive chairman Larry Ellison.

IPS emphasized that “these staggering combined billionaire wealth totals come as the Trump-GOP budget bill passed in 2025 defunded health insurance, food stamps, and other vital anti-poverty safety net programs, in order to pay for tax cuts for the wealthy and budget increases for militarism and mass deportations.”

“The affordability crisis is hitting ordinary Americans particularly hard as we head into the new year, but not everyone is feeling the pain: Billionaires are raking in staggering profits off the backs of ordinary workers,” Chuck Collins, director of the Program on Inequality and the Common Good at IPS, said in a statement.

“These extreme concentrations of wealth and power,” Collins added, “undermine our daily lives and further rig our economy in favor of the ultra-rich and corporations, while ordinary Americans get a raw deal once again.”

IPS released its analysis days after Bloomberg reported, based on its Billionaires Index, that the world’s 500 richest people gained a record $2.2 trillion in wealth last year.

Omar Ocampo, an IPS researcher, said that in the US, billionaires are “paying far less in taxes compared to the huge amount of wealth they amass,” allowing them to continue accumulating vast fortunes, supercharging inequality, and using their wealth and influence to subvert reform efforts.

“Not only are a small number of Americans holding more wealth than the rest of America, but they’re also not paying their fair share in taxes,” said Ocampo.

The new report comes as families across the US struggle to make ends meet amid high and still-rising prices for groceries, housing, and other necessities. A Century Foundation survey released last month found that “roughly three in 10 voters delayed or skipped medical care in the past year due to cost, while nearly two-thirds switched to cheaper groceries or bought less food altogether.”

Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). 

Orcas discuss Donald Trump and the killer apes' concept of democracy. Front Orca warns that Trump is crashing his country's economy and that everything he does he does for the fantastically wealthy.
Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.
Continue ReadingUS Billionaire Wealth Surges to $8.1 Trillion as Affordability Crisis Hammers Working Class

Trump DHS Post Calling for ‘100 Million Deportations’ Suggests Intent to Kick Out Nonwhite Citizens

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Original article by Stephen Prager republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

A post by the official X account of the US Department of Homeland Security portraying “America After 100 Million Deportations” as a paradise, on December 31, 2025. (Artwork by Hiroshi Nagai, modified and posted by the Department of Homeland Security on X)

One journalist called it “absolutely insane Nazi propaganda, posted by the US government.”

The Trump administration provoked horror this week with the suggestion that the United States could be turned into a paradise if over a quarter of the people in the country were deported.

On Wednesday, the official social media account for the Department of Homeland Security posted a piece of artwork depicting a pink late-1960s Cadillac Eldorado parked on a bright, idyllic beach. Over the clear blue sky are the words “America after 100 million deportations.”

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The post was captioned by the agency: “The peace of a nation no longer besieged by the third world.”

Social media users later discovered that DHS had, ironically, stolen the image from the Japanese pop artist Hiroshi Nagai without giving credit.

It is hardly the first time the administration has used edgy and inflammatory social media posts to promote its agenda. But DHS has come under particular scrutiny for its style of communication, which often evokes white nationalist rhetoric and symbolism.

Posts by the agency have cheered “remigration,” a term that far-right parties in Europe have often used to describe the forced repatriation of nonwhite populations, including citizens. Other posts have referred to President Donald Trump’s “mass deportation” campaign as part of an effort to defend American “heritage” and “culture.”

The agency frequently evokes images of the American frontier and references “Manifest Destiny,” at times explicitly posting artwork glorifying the forced displacement of Native American populations.

An image by the agency, featuring a chiseled Uncle Sam calling on Americans to “REPORT ALL FOREIGN INVADERS,” was even directly sourced from an overt neo-Nazi account.

The agency has only continued to double down in the face of criticism this week. On Friday, it posted that “2026 will be the year of American Supremacy” over an image of then-Gen. George Washington crossing the Delaware River, which was emblazoned with the words “Return this Land,” a possible reference to a recently-founded “whites-only” town in rural Arkansas known as “Return to the Land.”

But Wednesday’s post calling for “100 million deportations” specifically was perhaps the most direct nod yet to those who believe the United States must be reconstituted as a white nation. As social media users were quick to point out, only about 47 million people living in America are foreign-born, according to the US Census Bureau.

Even if the administration kicked out every single immigrant—including legal residents and naturalized citizens—meeting such a goal would mean deporting 53 million people who were born in the US and are legally entitled to citizenship under the 14th Amendment.

If the use of the phrase “third world” did not make it obvious enough, the specific number—100 million—seems to betray the racial motivation behind the message.

Citing 2020 census data on the Wikipedia page for “Demographics of the United States,” one social media user pointed out that approximately 100 million people in the US identified as nonwhite.

The DHS post drew comparisons to one made earlier this year by the close Trump ally and unofficial White House operative Laura Loomer, who suggested that thanks to “Alligator Alcatraz,” the massive internment camp in Florida for those arrested by immigration agents, “the alligators are guaranteed at least 65 million meals,” which referenced the total number of Hispanic people in the United States.

While it’s almost certainly not possible for the administration to conduct a deportation campaign of such a staggering scale within Trump’s term of office, the administration’s latest post was frightening to many observers, even as they acknowledged that it was a “troll post” meant to rile people up.

It is still reflective of the Trump administration’s ideology with respect to immigration. Leaders of Trump’s deportation effort have acknowledged that they target people based on their appearance, and many nonwhite US citizens have been caught in the dragnet. Meanwhile, its refugee policy has welcomed only white South Africans, as Trump has enacted what he says is a “permanent pause on migration from all Third World Countries.”

During 2026, the administration has said it plans to target hundreds of US citizens each month for “denaturalization,” and Trump has called for it to be used against his most prominent critics, including the Somali-American Rep. Ilhan Omar (D-Minn.) and New York’s first Muslim mayor, Zohran Mamdani.

“This is absolutely insane Nazi propaganda, posted by the US government,” said Ben Norton, editor of the Geopolitical Economy Report in response to DHS’s call for“100 million deportations.”

“It makes it clear that the Trump administration’s mass deportation drive is not actually about ‘illegal immigration.’ There are estimated to be 14 million undocumented immigrants in the US. But the fascist DHS wants to deport 100 million people,” Norton continued. “This is a call by the US regime for ethnic cleansing of racial minorities, to create a white-supremacist regime without anyone with ‘third world’ heritage.”

Original article by Stephen Prager republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Image of the original Fascists Mussolini and Hitler.
The original Fascists Mussolini and Hitler

Continue ReadingTrump DHS Post Calling for ‘100 Million Deportations’ Suggests Intent to Kick Out Nonwhite Citizens

Heat, drought and fire: how extreme weather pushed nature to its limits in 2025

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https://www.theguardian.com/environment/2025/dec/29/extreme-weather-climate-change-2025-national-trust

The effects of a huge wildfire on Abergwesyn Common, mid Wales. Habitats for many species such as reptiles and birds were destroyed. Photograph: Chris Smith/National Trust

National Trust says these are ‘alarm signals we cannot ignore’ as climate breakdown puts pressure on wildlife

Extremes of weather have pushed nature to its limits in 2025, putting wildlife, plants and landscapes under severe pressure, an annual audit of flora and fauna has concluded.

Bookended by storms Éowyn and Bram, the UK experienced a sun-soaked spring and summer, resulting in fierce heath and moorland fires, followed by autumn floods.

The National Trust, which provides a snapshot of how the weather is hitting wildlife every Christmas, described it as a rollercoaster of conditions that tested nature’s resilience like never before in modern times.

Ben McCarthy, the head of nature conservation at the charity, said: “Heat, drought and fire are the defining headlines of 2025.

“Extremes in weather is nothing new, but the compounded impact of several drought years in a short period – 2018, 2022 and now 2025 – is putting untold strain on habitats and making life even more difficult for wildlife. These are alarm signals we cannot ignore, and we need to work faster, smarter and in a more joined-up way.”

https://www.theguardian.com/environment/2025/dec/29/extreme-weather-climate-change-2025-national-trust

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
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Continue ReadingHeat, drought and fire: how extreme weather pushed nature to its limits in 2025

Dragged down by an unpopular president, Republicans are bracing for a midterm trouncing

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https://www.theguardian.com/news/ng-interactive/2025/dec/27/trump-republicans-midterm-elections-approval-rating

The prevailing image of the Trump presidency is of a driver asleep at the wheel.Photograph: Patrick Smith/Getty Images

As Americans tire of Donald Trump, a Democratic midterm ‘tsunami’ could sweep the GOP out of powerSat 27 Dec 2025 06.00 GMTShare

It was a wake-up call for America. In January, Donald Trump took the oath of office, declared himself “saved by God to make America great again” and issued a barrage of executive orders. In the ensuing months the US president and his allies moved at breakneck speed and seemed indomitable.

But as 2025 draws to a close with Trump struggling to stay awake at meetings, the prevailing image is of a driver asleep at the wheel. Opinion polls suggest that Americans are turning against him. Republicans are heading for the exit ahead of congressional contests next November that look bleak for the president’s party.

“He came into office and, like a blitzkrieg, was violating laws and the constitution,” said Larry Jacobs, director of the Center for the Study of Politics and Governance at the University of Minnesota. “The American political process is slow-moving and so he was able to do things that were extraordinary.

“But this is a guy whose legacy may well be the political collapse of Republicans in this era. Put another way, rather than asking who is going to be the inheritor of the Trump mantle and the so-called Maga movement, we may be talking in a year or so about which candidates can escape the odious distinction of having been connected with Trump.”

https://www.theguardian.com/news/ng-interactive/2025/dec/27/trump-republicans-midterm-elections-approval-ratin

Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Power-mad orange gasbag Donald Trump says Burn, Baby, Burn.
Power-mad orange gasbag Donald Trump says Burn, Baby, Burn.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
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Continue ReadingDragged down by an unpopular president, Republicans are bracing for a midterm trouncing

The Guardian view on adapting to the climate crisis: it demands political honesty about extreme weather

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https://www.theguardian.com/commentisfree/2025/dec/26/the-guardian-view-on-adapting-to-the-climate-crisis-it-demands-political-honesty-about-extreme-weather

The aftermath of Hurricane Melissa in Catherine Hall, Montego Bay, Jamaica, on 4 November 2025. Photograph: Ina Sotirova/The Guardian

The record-breaking 252mph winds of Hurricane Melissa that devastated Caribbean islands at the end of October were made five times more likely by the climate crisis. Scorching wildfire weather in Spain and Portugal during the summer was made 40 times more likely, while June’s heatwave in England was made 100 times more likely.

Attribution science has made one thing clear: global heating is behind today’s extreme weather. That greenhouse gas emissions warmed the planet was understood. What can now be shown is that this warming produces record heatwaves and more violent storms with increasing frequency.

What we can do to minimise, or at least reduce, the risks to life from such events – as well as more gradual changes – is what climate adaptation experts think about all the time. The alarming consensus is that we are not doing anywhere near enough. The result is paid for in lives: floods and cyclonic storms across Thailand, Sri Lanka and Indonesia left hundreds dead at the end of November.

For the rich world, adaptation is prudent. For the poor world, it is survival. The latest UN report is unequivocal: developing countries will need more than $310bn annually by 2035, yet received just $26bn in 2023. Catastrophic floods in Asia and worsening droughts in Africa this year point to the growing need to accelerate climate adaptation.

Under the Paris agreement, nationally determined contributions (NDCs) – country plans to tackle global heating – are meant to cover both emissions reduction and adaptation to climate impacts.

But NDCs end up focusing mostly on cutting greenhouse gases and establishing decarbonisation pathways. That needs to change. National adaptation plans, which came out of Cop16, need to be foregrounded. These put adaptation centre stage – and demand real plans, real finance, real justice. They ask the question that really matters now: how do vulnerable nations survive a warming world that emissions cuts alone can’t stop?

https://www.theguardian.com/commentisfree/2025/dec/26/the-guardian-view-on-adapting-to-the-climate-crisis-it-demands-political-honesty-about-extreme-weather

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.

The Guardian view on adapting to the climate crisis: it demands political honesty about extreme weather

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Continue ReadingThe Guardian view on adapting to the climate crisis: it demands political honesty about extreme weather