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Kid Berwyn

(22,485 posts)
Thu Dec 4, 2025, 12:17 PM 21 hrs ago

The Biggest Heist in America Is Being Sold as a Gift to Children



The Biggest Heist in America Is Being Sold as a Gift to Children

by Sean Carlton
Counterpunch.org, December 4, 2025

America loves a good illusion. It loves the performance of generosity from people who built their fortunes on systems that leave everyone else scrambling. That’s why the country is celebrating Michael and Susan Dell dropping $6.25 billion into “Trump Accounts.” Twenty-five million kids will get $250 each in a special savings account that they can’t touch for almost two decades. It sounds like generosity. It plays like hope. It sells like opportunity. But it isn’t any of that. It’s a corporate heist dressed up as philanthropy, and America is too exhausted or too desperate to notice.

The Dell announcement isn’t about helping children. It’s about normalizing a future where the only people who can fix failing systems are the same corporations and billionaires who helped break them. The government could’ve built real support for families. It could’ve raised wages, stabilized housing, funded public education, or given parents actual resources instead of symbolic ones. Instead it built a program where kids get locked into market accounts, and then it waited for a billionaire to swoop in and finish the job. That isn’t policy. It isn’t progress. It’s the privatization of the public good.

A one-time $250 deposit isn’t lifting anyone out of anything. At best it turns children into unwilling investors in a financial system that’s already eaten their parents alive. At worst it shifts the entire idea of welfare into something that only functions if wealthy people feel like playing savior for a news cycle. This isn’t social support. It’s a handshake between private wealth and a government that no longer knows how to govern unless the market approves.

The trick here is simple and old. You starve the public systems until they’re so weak that anything looks like relief. Then you let a billionaire deliver a drop of water and call it a miracle. Americans have been trained to applaud the spectacle. They forget to ask why one of the richest men in the country gets to decide how twenty-five million children experience their first introduction to money. They forget to ask why the richest people get public praise for giving back pennies compared to what they extract. They forget to ask why children need investment accounts instead of stable housing, food, medical care, and schools that aren’t falling apart.

The applause is the point. When billionaires are cast as heroes, no one has to admit that the system has collapsed so thoroughly that private charity is now doing the work of the state. This is how the social contract dies without anyone calling it what it is. People look at the $250 and say at least it’s something. They say maybe it’ll grow. They say maybe it’ll help someday. They don’t say what’s obvious. They don’t say the quiet part. They don’t say that America now expects the financial markets to raise children because the country has decided it won’t.

Continues…

https://www.counterpunch.org/2025/12/04/the-biggest-heist-in-america-is-being-sold-as-a-gift-to-children/

PS: “The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” — Frank Zappa
46 replies = new reply since forum marked as read
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The Biggest Heist in America Is Being Sold as a Gift to Children (Original Post) Kid Berwyn 21 hrs ago OP
Key paragraph to me NewHendoLib 21 hrs ago #1
It's the equivalent of an office pizza party instead of a raise EdmondDantes_ 21 hrs ago #2
With nasty burps after. erronis 20 hrs ago #4
no toppings, extra crust, cold. twodogsbarking 18 hrs ago #17
I couldn't agree more. Diamond_Dog 20 hrs ago #3
Definitely! OldBaldy1701E 19 hrs ago #7
The phrase... GiqueCee 19 hrs ago #10
The irony is that at the end of her life, mwmisses4289 25 min ago #46
Agree, the is a pretty good visual explanation... walkingman 19 hrs ago #5
When I saw Susan Dell I thought she was BigmanPigman 16 hrs ago #24
She is ugly because of the person she is Bluestocking 15 hrs ago #29
The Generous Mirage gfarber 19 hrs ago #6
Excellent one today! Perfectly captures the fairy-tale nature. erronis 17 hrs ago #21
...... 70sEraVet 14 hrs ago #36
You've done it again, gfarber! calimary 6 hrs ago #43
Yes. OldBaldy1701E 19 hrs ago #8
Apologies for the crappy formatting. (n/t) OldBaldy1701E 14 hrs ago #31
It's crumbs, while billionaires lap up billions in tax breaks. SunSeeker 19 hrs ago #9
I read estimate that Peter Thiel has $5 billion in Roth accounts that grew from a few thousand dollars lostnfound 2 hrs ago #45
I agree. TommieMommy 19 hrs ago #11
The Dells are big supporters of Greg Abbott and have bronxiteforever 19 hrs ago #12
K&R Solly Mack 19 hrs ago #13
My thoughts exactly popsdenver 19 hrs ago #14
I completely agree. It's another shot at Social Security underpants 16 hrs ago #26
I watched this performance on the "news" mountain grammy 19 hrs ago #15
And, does anyone think these accounts won't be subject to... Ol Janx Spirit 19 hrs ago #16
"It's a corporate heist dressed up as philanthropy, and America is too exhausted or too desperate to notice." DeeDeeNY 18 hrs ago #18
When I saw this story yesterday, I thought "Why do they have $6.25 B. They need to be taxed more." ... aggiesal 18 hrs ago #19
Anand Giridharadas talked about this sort of empty largesse Pinback 18 hrs ago #20
Anand Giridharadas - I can't get enough of his analysis. yellow dahlia 12 hrs ago #41
As always, Republicans only act generous when they are the beneficiaries of the generosity. rickford66 17 hrs ago #22
The beginning of the end of DownriverDem 16 hrs ago #23
Yes. More of the shell game hidden behind smoke and mirrors. yellow dahlia 12 hrs ago #40
Plus they get a nice tax break nt LNM 16 hrs ago #25
Didn't even have to understand it, the names alone tell you ita a grift. Srkdqltr 16 hrs ago #27
The last paragraph underpants 16 hrs ago #28
My work computer is a Dell laptop Bluestocking 15 hrs ago #30
Their vision for America is Charles Dickens' England MuirHero 14 hrs ago #32
Kick dalton99a 14 hrs ago #33
K&R. Bookmarked. Thanks. c-rational 14 hrs ago #34
Capitalism is the problem. BlueTsunami2018 14 hrs ago #35
Yeah... what if in two decades, there's been a nuclear war... Justice matters. 13 hrs ago #37
I have no mouth and I must scream. (Harlan Ellison) chouchou 13 hrs ago #38
What a smart piece! yellow dahlia 12 hrs ago #39
K&R jfz9580m 12 hrs ago #42
Thanks for this malaise 3 hrs ago #44

NewHendoLib

(61,496 posts)
1. Key paragraph to me
Thu Dec 4, 2025, 12:22 PM
21 hrs ago

The trick here is simple and old. You starve the public systems until they’re so weak that anything looks like relief. Then you let a billionaire deliver a drop of water and call it a miracle. Americans have been trained to applaud the spectacle. They forget to ask why one of the richest men in the country gets to decide how twenty-five million children experience their first introduction to money. They forget to ask why the richest people get public praise for giving back pennies compared to what they extract. They forget to ask why children need investment accounts instead of stable housing, food, medical care, and schools that aren’t falling apart.

Diamond_Dog

(39,423 posts)
3. I couldn't agree more.
Thu Dec 4, 2025, 12:59 PM
20 hrs ago

“The Dell announcement isn’t about helping children. It’s about normalizing a future where the only people who can fix failing systems are the same corporations and billionaires who helped break them. The government could’ve built real support for families. It could’ve raised wages, stabilized housing, funded public education, or given parents actual resources instead of symbolic ones.”

Most right wingers hate the phrase “for the common good.”

GiqueCee

(3,138 posts)
10. The phrase...
Thu Dec 4, 2025, 01:54 PM
19 hrs ago

... 'Most right wingers hate the phrase “for the common good”' because they prefer, "Every man for himself." That serves to justify their pathological selfishness. The word, "empathy" is equally reviled by these lowlifes for the same reason. The Bitch Goddess of Conservatism, Ayn Rand, HATED altruism so much that she could not get through an interview without raging against it. She was an unspeakably evil person. And her books sucked.

mwmisses4289

(2,925 posts)
46. The irony is that at the end of her life,
Fri Dec 5, 2025, 09:11 AM
25 min ago

she was relying on the very things she claimed she hated.

BigmanPigman

(54,430 posts)
24. When I saw Susan Dell I thought she was
Thu Dec 4, 2025, 05:12 PM
16 hrs ago

wearing her Halloween costume from 6 weeks ago. She is scary looking. Apparently they met on a blind date...now it makes sense.

I noticed tRump didn't call her "ugly" like he does to most female reporters.

Bluestocking

(447 posts)
29. She is ugly because of the person she is
Thu Dec 4, 2025, 06:01 PM
15 hrs ago

Not because of the way she looks. All of the women in the Trump cabal are very very ugly especially the former beauty queens

gfarber

(170 posts)
6. The Generous Mirage
Thu Dec 4, 2025, 01:44 PM
19 hrs ago


There once was a nation in thrall
To illusions both shiny and tall.
A billionaire’s gift
Gave the markets a lift,
But gave kids next to nothing at all.

The Dells dropped a fortune with flair,
And the headlines applauded the pair.
Yet the act, if unmasked,
Shows the public been tasked
With pretending that crumbs are fair share.

The state could have bolstered the poor,
Built schools, raised the wages, and more.
But instead it contrived
A scheme pre-survived
By the markets that ate them before.

Two-fifty sounds kind at first glance,
But it’s really a market romance.
Kids are drafted to play
In the Wall Street ballet—
Unwilling, unarmed for the dance.

Now welfare’s no longer a right;
It’s a billionaire’s game-day delight.
If they choose to bestow
A small charitable glow,
We must praise them from morning ‘til night.

First you starve all the systems to bone,
Till the public is weary and prone.
Then a rich man appears,
Wins applause, wins careers,
For a drop from the wealth he’s alone.

Each cheer for the savior’s “good deed”
Hides the truth of a deeper misdeed:
That the state’s stepped aside,
Let the markets preside,
And called it fulfilling a need.

So folks look at the gift and say “Hey—
It might help the kids… maybe… someday.”
But they don’t dare admit
What’s at heart of the pit:
That the country has walked away.

OldBaldy1701E

(9,764 posts)
8. Yes.
Thu Dec 4, 2025, 01:53 PM
19 hrs ago

Last edited Thu Dec 4, 2025, 06:39 PM - Edit history (1)

A country that expects billionaires to fund children has already chosen its future. It’s a future where the public good is a privilege and every solution is a product. It’s a future designed to keep people grateful for scraps.


And, we refuse to do a damned thing about it.

But, as the article stated, and as I may have mentioned a few times here...

The programming worked.

SunSeeker

(57,373 posts)
9. It's crumbs, while billionaires lap up billions in tax breaks.
Thu Dec 4, 2025, 01:53 PM
19 hrs ago

Even if it was $1,000 with the federal government contribution instead of $250, it's crumbs:

Critics point out the accounts do little to help children in their early years, when they’re most vulnerable and most likely to be in poverty. They also say the accounts do little to offset the cuts the Trump administration and congressional Republicans have made to other programs that benefit young people and their families, including food assistance and Medicaid. Republicans created the accounts in the same Trump tax bill that reduced spending for some of those programs.

And even with the contribution from the government, critics say the Trump Accounts will widen the wealth gap. Affluent families that can afford to make the maximum pretax contribution to the accounts will realize the greatest benefits. Poor families who can’t afford to set aside money for the accounts will benefit the least. Assuming a 7% return, the $1,000 in seed money would grow to roughly $3,570 over 18 years.

https://ktla.com/news/ap-us-news/ap-with-trump-accounts-your-baby-could-qualify-for-1000-heres-what-to-know/?tbref=hp

lostnfound

(17,332 posts)
45. I read estimate that Peter Thiel has $5 billion in Roth accounts that grew from a few thousand dollars
Fri Dec 5, 2025, 07:05 AM
2 hrs ago

Said that he put in a few thousand dollars worth of stock in a company that had a huge IPO

Complete bastardization of the tax code.

bronxiteforever

(11,007 posts)
12. The Dells are big supporters of Greg Abbott and have
Thu Dec 4, 2025, 01:55 PM
19 hrs ago

Last edited Thu Dec 4, 2025, 02:53 PM - Edit history (1)

walked arm and arm with him. So you can see the absence of compassion there. Birds of a feather flock together

popsdenver

(1,257 posts)
14. My thoughts exactly
Thu Dec 4, 2025, 02:22 PM
19 hrs ago

when I first read about it...........exposing even more to the Republican Stock Market investment sham.
They also are trying to get Social Security converted over to "Investment Accounts" in the stock market.....

Some of the Greatest GRIFTS EVER are now being seen right before our very eyes by Trump, RepubliCONS, and the Uber Rich..........

We are a hair away from a new GILDED AGE, with a whole new set of ROBBER BARRONS, which most probably lead to t a new DEPRESSION, far worse than the last..........

Want a taste of the first depression? Read or Re-Read Steinbeck's GRAPES OF WRATH.......and all its subtelties that you can see in our country now........

underpants

(194,225 posts)
26. I completely agree. It's another shot at Social Security
Thu Dec 4, 2025, 05:28 PM
16 hrs ago

I saw a story this week that Trump plans on closing half of the in person Social Security offices in the next year.

mountain grammy

(28,521 posts)
15. I watched this performance on the "news"
Thu Dec 4, 2025, 02:28 PM
19 hrs ago

I felt physically sick watching.

Great post. I agree with all of it.

Ol Janx Spirit

(519 posts)
16. And, does anyone think these accounts won't be subject to...
Thu Dec 4, 2025, 02:33 PM
19 hrs ago

...being raided by Republicans in a myriad of ways?

The first cruelty that comes to mind is when a holder of one of these accounts needs to go on public assistance the government will want to spend this account down first--leaving them no investment account for their future. Rs will love the idea since the initial investment will both have grown in value and made their rich investment friends money along the way--a win/win for the greedy.

This also feels like a precursor to realizing the conservative dream of turning Social Security into a private investment scheme--another win/win for the greedy, but likely a loser for the American people.

DeeDeeNY

(3,879 posts)
18. "It's a corporate heist dressed up as philanthropy, and America is too exhausted or too desperate to notice."
Thu Dec 4, 2025, 02:49 PM
18 hrs ago

That one sentence holds true for any number of things going on during the Crime Minister's time in office.

aggiesal

(10,479 posts)
19. When I saw this story yesterday, I thought "Why do they have $6.25 B. They need to be taxed more." ...
Thu Dec 4, 2025, 03:00 PM
18 hrs ago

If that was tax money, it would have helped more than 25M kids.

Pinback

(13,467 posts)
20. Anand Giridharadas talked about this sort of empty largesse
Thu Dec 4, 2025, 03:01 PM
18 hrs ago

in his book Winners Take All: The Elite Charade of Changing the World (2018). https://en.wikipedia.org/wiki/Winners_Take_All:_The_Elite_Charade_of_Changing_the_World

Recommended.

rickford66

(6,019 posts)
22. As always, Republicans only act generous when they are the beneficiaries of the generosity.
Thu Dec 4, 2025, 04:06 PM
17 hrs ago

yellow dahlia

(4,101 posts)
40. Yes. More of the shell game hidden behind smoke and mirrors.
Thu Dec 4, 2025, 08:56 PM
12 hrs ago

You don't need Social Security - you have these bogus "accounts".

underpants

(194,225 posts)
28. The last paragraph
Thu Dec 4, 2025, 05:34 PM
16 hrs ago

The Dells aren’t giving children a head start. They’re giving everyone a warning. This is what it looks like when a nation forgets how to take care of its own people and starts handing the responsibility to the highest bidder.

Sean Carlton is an author and farmer who writes about collapse, institutional failure, and what life looks like after systems stop working. He is a former federal employee and the author of Exit Farming: Starving the Systems That Farm You. He runs Carlton Hill Farm and the Farm for Better community food pantry in West Virginia.

Welcome to Carlton Hill Farm

Located in Parkersburg, West Virginia, Carlton Hill Farm produces high-quality rabbit, quail, and chicken meat along with farm-fresh eggs, seasonal produce, and wildflowers. We built this farm from the ground up to feed ourselves and our community.

We raise our animals with care, grow our produce without shortcuts, and keep every step of production on the farm. By cutting out middlemen and staying small, we offer fair prices while keeping quality and freshness at their peak.

Whether you want tender rabbit, affordable quail, eggs collected that morning, or vegetables picked in season, our goal is simple. Real food, grown with purpose, at a price that makes sense.

https://carltonhillfarm.com/

Bluestocking

(447 posts)
30. My work computer is a Dell laptop
Thu Dec 4, 2025, 06:03 PM
15 hrs ago

So today I put a sticker over the Dell emblem on the top of the laptop.

BlueTsunami2018

(4,798 posts)
35. Capitalism is the problem.
Thu Dec 4, 2025, 07:01 PM
14 hrs ago

Dress it up or dance around it all you want but the fact is inescapable. What is being described here is simply called capitalism. It is destructive and it doesn’t serve the people. It creates monopolies, it destroys competition, it creates a permanent underclass and a permanent ruling class.

You want to give everyone an equitable society? End capitalism.

Justice matters.

(9,191 posts)
37. Yeah... what if in two decades, there's been a nuclear war...
Thu Dec 4, 2025, 08:02 PM
13 hrs ago

no matter how near or how far, one that destroyed the stock exchanges, all banks, and left the survivors in a permanent nuclear winter?

where would these then grown-up adults access their "generously deposited" crumbs + benefits?

jfz9580m

(16,283 posts)
42. K&R
Thu Dec 4, 2025, 09:15 PM
12 hrs ago

I can’t applaud this piece enough:

The trick here is simple and old. You starve the public systems until they’re so weak that anything looks like relief. Then you let a billionaire deliver a drop of water and call it a miracle. Americans have been trained to applaud the spectacle. They forget to ask why one of the richest men in the country gets to decide how twenty-five million children experience their first introduction to money. They forget to ask why the richest people get public praise for giving back pennies compared to what they extract. They forget to ask why children need investment accounts instead of stable housing, food, medical care, and schools that aren’t falling apart.

The applause is the point. When billionaires are cast as heroes, no one has to admit that the system has collapsed so thoroughly that private charity is now doing the work of the state. This is how the social contract dies without anyone calling it what it is. People look at the $250 and say at least it’s something. They say maybe it’ll grow. They say maybe it’ll help someday. They don’t say what’s obvious. They don’t say the quiet part. They don’t say that America now expects the financial markets to raise children because the country has decided it won’t.


I am not in America so thankfully my parents at least have/had pensions and healthcare freeing me up to recover from a noxious brush with Silicon Valley.

And whatever Pronatalist anti-abortion but pro austerity wrt any actual support of kids who are born types like Vance and his inane limitless growth cabal (and those abundance types like Ezra Klein aren’t any better), it helped that I was a childfree only kid. And I am sick of handing my resources over to shitheads.

I returned to my home country after a hateful job/bullshit intervention (Reefer Madness huzzah ). I realize now that it was part of a coup against publicly funded science and healthcare by the surveillance state/capitalists. I am out of patience with spineless rot.

The most worthless parts of the national security state and cancer like defence contracting sans any regulation.

I am myself a military brat so the military doesn’t necessarily scare me. But someone like my dad, who wouldn’t know how to grift is nothing like the type of person who flocks to grift via defense contracting. Whether you like stuff like that or not, he is an honest patriot.

My dad would only be able to keep a secret for legitimate classified work not for sleazy grift. Anyway, he never had anything to do with military intelligence (except maneuvers tied to one war he was in long back).

Deception isn’t really a family trait. I would be able to keep a wildlife refuge secret so industrialists, influencers and other greedy creeps don’t flood it. I could hide info about people/women ICE, Musk etc would harass or dox.

But not hide creepy little things whose purpose is some sort of creepy little scam exploiting loopholes meant for legitimate stuff like bank security or something.

These days I look at any damn thing and go “How could the creeps exploit something no one thought to have a legal precedent around, since no one was expecting a heist on quite this scale.”

Creeps who take to scams like fish to water are not bright. They call people gullible or suckers if they weren’t expecting a scam. And once you wise up, you are paranoid and crazy.

It is so no decent publicly funded science remains, but more and more of whatever this type of creep represents takes over:
https://roadtoomega.wordpress.com/
That guy’s Substack is a work of trash. This creep is going to be the only type of “scientist” who remains funded in the US.

I wonder if all my former colleagues are fleeing to Europe. I hope not. They should stay and push back. And in some cases wake up at least now. I dislike that Cassandra shit (who thinks like that), but surely common sense should tell you why something that seems abundantly creepy and scammy (e.g.: anything Google etc do) probably is. I am afraid to find out these days.

It’s also so stupid and ott (that road to omega creep) that you can even pretend it’s satire or parody later* when it is just parasitic garbage. Esoteric Nazis come to mind.. .

*: there is no way these guys can prevail at this point. It is merely a question of how much collateral damage they try to inflict further (Life is simulation! No it really isn’t!) and I don’t know about anyone else, but I am not sucking up anymore damage and I am pushing back. We need more legal protections against these predatory things that are choking out all healthy stuff.
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