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

Friday, December 05, 2025

Sean Carlton: 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."

Posted by qcp at 06:30 PM | 14 COMMENTS | permalink

Next year, Michael and Susan Dell of Dell Technologies plan to move $250 into the new Trump accounts of millions of children under 10. You'll need to live in the right ZIP code. Here's how to know if you're eligible.

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-- The New York Times (@nytimes.com) Dec 2, 2025 at 4:10 PM

Comments

More: 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.

There's also the quiet financialization happening underneath. These accounts invest in index funds. That means millions of new dollars flowing into the same corporate structures that already dominate the economy. Kids become passive capital generators before they can read. Their "gift" enriches the very companies that helped create the inequality this program is pretending to solve. It's a perfect loop. The wealthy get to look generous while reinforcing the machine that made them wealthy. The public gets a story about hope. The corporations get the money.

#1 | Posted by qcp at 2025-12-04 11:45 AM

Here's the original report: www.gatesfoundation.org

Thanks for dismantling USAID and destroying millions of dollars of food, medicine, and contraceptives, Marco Rubella and Dummkopf Trumpf!