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Millionaires concentrating on billionaires – Boston Herald
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Millionaires concentrating on billionaires – Boston Herald

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Last updated: August 16, 2025 8:55 am
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Published: August 16, 2025
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You don’t should be wealthy to be socialist, but it surely certain helps.

Simply ask Sen. Elizabeth Warren, who, along with her husband, has a internet value of $12 million.

To be a profitable socialist like millionaires Warren or Sen. Bernie Sanders, you have to con folks into believing it isn’t them, however different millionaires, who’re ripping off the system on the expense of you, the working class, or the working poor.

Sanders, who didn’t have two dimes to run collectively when he left New York years in the past to morph right into a Vermont politician, now owns three houses and has an estimated internet value of $3 million.

It’s like the way in which Warren, a one-time Republican who as a university professor who was going nowhere till she turned a phony Cherokee with excessive cheekbones and a variety rent by Harvard. She was then chosen to run for the Senate as a Democrat.

In contrast, fellow Massachusetts Democrat U.S. Sen. Eddie Markey, who left the Malden working class the day he was elected to Congress 50 years in the past, has a internet value of solely $4 million.

So clearly, he should be doing one thing unsuitable, regardless that he lives in a advantageous million-dollar dwelling in Chevy Chase, Maryland, together with his spouse and makes use of Malden as a voting tackle.

Moreover changing into wealthy and well-known by way of politics, the three politicians are alike of their assaults on President Donald Trump and the billionaires that Trump is allegedly making even richer by way of his large, lovely invoice on the expense of the poor.

There was a time when Warren, Sanders, and Markey used to assault millionaires. However after they turned millionaires, they upped their sport to go after billionaires.

However one wealthy Democrat they won’t assault is fellow Democrat J.B. Pritzker, the burly billionaire governor of Illinois whose internet value, in response to Forbes, is $3.7 billion. That’s billion with a B.

Whereas Warren, Sanders, and Zohran Mamdani — the Muslim Democrat Socialist they assist within the New York mayor’s race — would strip billionaires of their wealth by way of confiscatory taxation, Pritzker will get a cross regardless that Mamdani has vowed to abolish billionaires.

“I don’t suppose we must always have billionaires,” Mamdani, 33, who has by no means held an actual job outdoors of the New York Meeting, has stated, which aligns with the socialist rhetoric of Warren and Sanders.

If he have been a real socialist relatively than a naïve dabbler, Mamdani would name for the abolition of millionaires, too. However that might imply dropping the assist of Warren, Sanders and all the remainder of the millionaire Democrats in politics.

Let me know for those who ever heard of a member of Congress, not despatched to jail, who retired poorer than when he was first elected.

Nevertheless, whereas Pritzker, inheritor to the Hyatt Lodge fortune, could also be a progressive Democrat, going after his billions is a billion or two too far.

Socialists and progressive Democrats imagine in going after your cash, not theirs.

Requested about Mamdani’s remarks about abolishing billionaires throughout an look on NBC’s “Meet the Press” final week, Pritzker stated, “How a lot cash you have got doesn’t decide what your values are.”

Translated, which means, “Don’t even give it some thought, Mamdani.”

“I’m a Democrat,” Pritzker stated, “as a result of I imagine that we’ve acquired to face up for our democracy and in opposition to the MAGA Republicans who’re actually attempting to remove folks’s rights all throughout or nation.”

Simply don’t contact his cash.

Talking of taking away folks’s rights, Pritzker, two weeks in the past, signed a invoice mandating that every one public faculty college students endure an annual psychological well being screening take a look at.

Supporters say the take a look at is designed to determine early indicators of despair, nervousness, and trauma. Opponents say it can set off all three.

Perhaps Warren, who claims Mamdani is the way forward for the Democrat Celebration, ought to take the take a look at first.

Veteran political reporter Peter Lucas may be reached at: peter.lucas@bostonherald.com

Charles Rex Arbogast/ The Related Press

Illinois Gov. JB Pritzker is a billionaire. (AP)

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