Have you heard this word lately that’s been bandied about, “oligarchs,” “autocrats,” “dictators,” but mostly, “aristocrats”? In other words, that, supposedly, a small cabal of very wealthy people have snatched control of the government. And the Democrats, as the loyal opposition of the fighting middle class, is trying to stop it.
They use the word “plutocrats.” Oligarch, just from the Greek word, the rule by the few. Plutocrat means the rule by the wealthy. Aristocrat means ruled by the so-called best—or those people who claim they’re better born. But they’re using all of these terms to castigate, apparently, the relationship between Elon Musk and President Donald Trump.
But here’s what’s ironic. We didn’t hear any of this during the Obama years, during the Clinton years, or during the Biden years. In other words, for 20 years, no one made mention that the country was controlled by oligarchs.
Let me just look at the list for you of the 10 wealthiest people in the United States: Elon Musk, Jeff Bezos, Mark Zuckerberg, Warren Buffett, Larry Page, Sergey Brin, Larry Ellison, Bill Gates, Mike Bloomberg. They all have one thing in common, they’re all worth over $100 billion. And until recently, I would say the 2024 election, they were all against the Republican Party and were lavish donors for the Democrats.
Why they’re angry now is because Jeff Bezos’ Washington Post—which was a vehicle, a money-losing, but still influential, vehicle for leftist and Democratic agendas—decided not to endorse either Kamala Harris nor Donald Trump.
Elon Musk—who voted for Hillary Clinton in 2016 when he was beloved by the Left because of Tesla, because of SpaceX, because of Neuralink, because of Starlink. Also, according to what he said, voted for Joe Biden in 2020.
Mark Zuckerberg, remember, put $419 million in his various PACs to absorb the work of registrars to great effect in the 2020 election.
Mike Bloomberg probably has the record, single record. He used $1 billion to try to capture the 2020 Democratic primary nomination—$1 billion.
So why are they so angry at the oligarchs when the oligarchs were synonymous with Democrats?
And I should point out that George Soros put in $125 million in the 2022 midterms. He has the all-time record. It’s assumed that he has spent $22 billion for left-wing candidates and left-wing PACs and left-wing foundations.
Sam Bankman-Fried, the felon, he put over $100 million from 2020 to 2022, all on the side of Democrats and left-wing candidates. His mother was a bundler, a stealthy bundler for billionaires in Silicon Valley.
So, what’s going on?
One last data point, in the 2024 election cycle, the Biden campaign, the Harris campaign, and the Trump campaign together raised $4.7 billion. But guess what? The Democrats raised $1 billion more than did Trump.
So, what is going on? There is an anger now that for the first time in 20 years, over three administrations—Clinton, Obama, and Biden—for the first time there are multibillionaires who are starting to question their Democratic loyalty: Larry Ellison, Elon Musk, Mark Zuckerberg, perhaps even Jeff Bezos.
Most billionaires are still on the side of the Left, but they don’t tolerate any apostates. So they’re angry they don’t have a lock on the oligarch, so to speak.
I’ll just finish with one reflection. Why did they start to bolt? Because the Democratic Party was so sure of the support of billionaires, they started making demands upon them and saying:
You’re going to give this amount of money. And if you want to play ball with us, this is the monopoly that will control artificial intelligence. You are included. You’re not. We’re going to get the FBI to partner with you, Mark Zuckerberg, and Meta, Facebook, to make sure you ban information injurious to the Biden campaign. You, Twitter, the old Twitter, you’re going to have FBI.
And they revolted. And Donald Trump came along and said:
I welcome all of you because I’m not gonna tell you who to vote for or what to do, but I’m going to look at you in a nationalist-populist manner. You are the William Knudsens, the Henry Fords, the Henry Kaisers of the War Production Board. In other words, I’m gonna go to bat for you so that you do not have your wealth confiscated in China, so that people in Europe do not impose special taxes on you just because you’re making too much money or try to censor your news. In other words, I’m going to try to enlist you on behalf of the country in a patriotic, nationalist fashion.
And they found that argument more persuasive than they did, “You better give to us and this is what you’re going to do.” And as a result, 30% of the billionaires bolted and are either now neutral or they favor the Republicans. The vast majority, to repeat, still favor Democrats.
The Democratic Party is the party of the very wealthy, plutocracy, and the billionaire class, but they demand absolute loyalty and solidarity. And any defections or apostates then cause them to go—I don’t know what the word is—ballistic that anybody would doubt their ability to control the big money in the United States. Big money in the United States is a Democratic phenomenon.
Victor Davis Hanson, a senior contributor for The Daily Signal, is a classicist and historian at the Hoover Institution at Stanford University and author of the book “The Second World Wars: How the First Global Conflict Was Fought and Won.”
Reprinted with Permission from Daily Signal – By Victor Davis Hanson
The opinions expressed by columnists are their own and do not necessarily represent the views of AMAC or AMAC Action.

I’m surprised AMAC had the guts to run this article by VDH, because it accurately lays out the real money and power backing the Democrat Party and its agenda. Although I see you edited VDH’s original article somewhat to exclude his mention of George Soros and a few other billionaires who contributed extensively to the Party over the years.
The oligarchs have run the democrats since O was installed as president. Not with wisdom but with money to buy judges, district attorneys, attorney generals, the FBI and CIA and not to be forgotten the DOJ, and let’s add federal workers in position of authority. That’s why the dems DIDN’t understand why they lost the 2016 election. Hillary called the voters deplorabels. They did better in 2020 by committing voter fraud. The Oligarchs had enough money and besides those mentioned in this article there are many more standing at the ready to donate some of their millions Pritzker and Hoffman come to mind. Those mentioned are just big players. Now under Trump they flip to Trump’s policies because it is best for their business. Until a dem is back in power and they will switch back. They are fair weather supporters. They see what the dems are doing to Elon when he bought Twitter now X. And continue with DOGE leadership. Bezos doesn’t want his prime trucks on fire and Zuckerberg needs his Facebook clients, Gates needs to market his crickets and mealyworms and other chemically packaged food. To reduce the population. Everybody acts according to their wallets. Isn’t that and power what makes the world go around. MONEY.
A separate AMAC article today covered how the Trump tax cuts will expire at the end of this year, and how leftists claim that the cuts benefit only wealthy people. The rich folks VDH covered in this article won’t be significantly affected if the tax cuts expire, because they’re so filthy rich. So why do most of them side with the liberals? They want total control of the country and the world, and President Trump is standing in the way and working for We The People. MAGA!!!!
For many decades now, the Communists – er, I mean the Democrats – and their media whores have announced loudly and clearly, over and over, how they are “the Party of the working man,” “the Party of the little guy,” and they were/are watching out for and protecting the middle class and the working class. Perhaps that was true at some point long, long ago, but it has not been true for a very long time. This article explains very clearly that the Democrats represent the rich, which is precisely the case. And the rich have but a single goal: to get richer, by any and every means. And that involves attaining and maintaining control over the peasants, meaning anyone but their own tiny group. And anyone who is still unable to see just what the Democrats were doing to this nation and its citizens during the illegitimate Biden Administration just wasn’t paying attention. The middle class was decimated, the poor became poorer, the Constitution was shredded, and the only ones who did well were the rich. Following the rules taught to them by one Saul Alinsky (Hillary’s hero), the Left engages in endless projection, accusing their enemies/opponents of saying and doing what they, themselves, are guilty of saying and doing. Time for people to wake up to and deal with reality.
Money is power. Power corrupts. Absolute power corrupts absolutely. Some billionaires want to control everything, so they buy DemoKKKRAT, politicians, judges, officials, the Media and other influencers. Thankfully, we have President Trump, Elon Musk and other billionaires on America’s side and others seem to be coming around to our point of view.
Under the Biden Presidency it is apparent Biden wasn’t runnng the Country. Biden was the Patsy, as he has been all through life. Those calling the shots though have proven themselves incapable of success for the American poeple but were thieves, liars and treasonous. We must keep this in mind so all future Elections are not corrupted as it was in Biden becoming an illegitmate President. As Christians we must work and not set back because the Progressive Liberal Left Activist are constantly on the prowl with hearts blinded and darken of evil. Biden’s Leagacy will be: one of the worst Presidents in the History of the USA. The Record speaks for itself, as you cannot escape the Truth.
Don’t forget Blackrock.
When ANY judge over-steps his jurisdiction or authority, breaks ANY law in handing down injunctions, or violates the Constitution, THEY SHOULD BE IGNORED and PUT ON NOTICE with the warning ‘Do it again and you will be impeached”, imagine if this happened, these corrupt, bias judges would get a wake call to curb their bias BULL$HIT.
The statement that billionaires are running the country is too general. We already knew the big money was in charge. Who at the top were commanding Biden? Who at the top was writing the agenda of craziness to follow? Who was putting freaks in the military and Hollywood? Who can be held directly responsible for the Global plandemic covid crime against humanity? Who can we put in prison for pushing Russia into invading Ukraine by putting bio labs and military on their border?
They’re just angry their little money scams are all being discovered and discontinued. Bet if we totaled all the wasted money over the last 35-40 years, our deficit would still be in the billions instead of tens-of-trillions!
Victor Davis Hanson never ceases to amaze me with his concise recap on the real situations! Too bad he’s not in politics.
DIMMs have always been the party of the elites. Their claims of “helping the common man” was/is a big hoax. Go back to Woodrow Wilson or FDR. They were “progressives” who took care of their millionaire, elitist friends and used the “common people” as shills!
Democratic Party in the name only, front for plunder and ruin .Apres nous deluge.
Barack Obama, the original Manchurian Candidate, must, decidedly, have been the hand behind the puppet for those years in which Biden was the PINO [President In Name Only]. If we permit these Plutocrats to gain control of this country through their Democratic, ideological, useful idiots, then we shall surely have gone down the Road To Serfdom. Whatever power and control they think they shall have won, will be lost through the destruction of our Constitutional Republic. Donald Trump is the only person [Congress is a true waste of time] who can control our fate, because he has only the best interests in maintaining the American People’s individual freedoms as citizens of a Constitutional Republic. We are not here to serve the state, as the Plutocrats would have us do. We are free, and we have self-determination, which they would destroy.
If you really listen to what the democrats are saying about others doing this and that. watch their actions, because it is the democrats that are doing exactly what they are accusing of of doing and being
Even while AMAC disclaims at the end of this article, and presented a somewhat “balanced” rendering of VDH’s original via Daily Signal, it still perturbs me that they don’t seem to want to make their own case by their own reporting. Be that as it may this article did shine a light on the connection between the very very wealthy and the Dems leftist actions and agenda. Mind you the Repubs. have like connections on their own processes. I have to say, while I do get a bit jealous of the very very wealthy, they do have their place in our society and as long as they seek to serve by their wealth, well, O.K. But, as is the case more often than not, the very very wealthy are abusive of their wealth against others. Greed is more likely the basis of their wealth, rather than righteousness. Never the less, the leftists remain socialistic/communistic in their approach to the rich and class is more important than any other matter for them…and the leaders of that kind of view, most likely would like to be at the top themselves while abusing everyone below them. Oligarchy is usually applied to the negative side and usually applied by the leftists against their opponents even while they want to be the ones called oligarchs. Just my perspective…might even be a dumb one…but it’s mine. D. P.
That is exactly why I get really riled when Bernie Sanders makes the statements he does. He is absolutely entrenched with the Oligarchy he so blatantly takes about ruining the country. Socialists and communists are the true oligarchy and he certainly is a Socialist, with how many houses and worth how much money???? Give me a break. He’s as big a hypocrite than the rest of the Democrats.
As United States citizens, we have to recognize that all of our institutions have been corrupted over the years. This just didn’t happen it’s been occurring since the inception of our nation. We can only hope that the swamp can be drained, and term limits imposed for all elected officials. Special interest must not continue to influence policy and new laws enacted to weaken our Constitution.
Steering? He wasn’t even on-board the ship! He watched that ship pass him by from the beach… that us when he wasn’t napping on it!
im not surprised most of the political class in the us are hacks what job could they do in the private sector especially a job you can get fired at
Under Obama as well.
Great article to share with blind Democrat loyalist. Thanks.
So long ad the Dems remain “bulletproof” to the law, none of this info makes any difference. We’ve found “the money”, now we need to find the trail and NAIL THEM TO THE WALL.
Dems have done this day 1
LOL!!
Democrats are mobsters… period. This article tells exactly why we need to be aware of the fact that the honeymoon was over soon after the election. Nobody knew it because we were all too busy celebrating. These thugs run and control everything; politics, media, and education, and have an endless money supply to throw where ever it is needed; local, state, or federal, and it is not going to go away. Please don’t let the conservative talk show hosts lead you to believe that the democrat party and the media are both dead. Nothing is further from the truth but they will all tell you how good everything is. I wish was but it isn’t, and this article tells us all, once again, why. These people and their love affair with the media will have to be stopped to make this all go away; this is called sabotage. But who will do that, and how? The midterms are 19 months away, and are probably already bought. You can already see it happening. I think it was the great Rush who said, “don’t believe what you hear; believe what you see.”
Not sure how the author can claim with a straight face that “the Democratic Party is the party of the very wealthy, plutocracy, and the billionaire class.” Three of the wealthiest oligarchs (Musk, Bezos, Zuckerberg) have now switched teams.
This week Jeanie Pitto of FOX & Trump both stated that Elon Musk is very intelligent. Musk took a look at Social Security & said this was the greatest Ponzi scheme ever, which shows he does not have much common sense & does not realize how most Americans live & especially the millions of retirees. Both Trump & Musk cater to the high IQ and Billionaires more that the middle class Americans that made America Great. Shore SS fund up for future generations & quit badmouthing this trust fund. This has been around since 1935 and has kept millions out of poverty !
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