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Kid Berwyn

(22,502 posts)
Thu Dec 4, 2025, 12:17 PM Thursday

The Biggest Heist in America Is Being Sold as a Gift to Children [View all]



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
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Key paragraph to me NewHendoLib Thursday #1
It's the equivalent of an office pizza party instead of a raise EdmondDantes_ Thursday #2
With nasty burps after. erronis Thursday #4
no toppings, extra crust, cold. twodogsbarking Thursday #17
I couldn't agree more. Diamond_Dog Thursday #3
Definitely! OldBaldy1701E Thursday #7
The phrase... GiqueCee Thursday #10
The irony is that at the end of her life, mwmisses4289 Yesterday #46
Yup... GiqueCee Yesterday #48
Agree, the is a pretty good visual explanation... walkingman Thursday #5
When I saw Susan Dell I thought she was BigmanPigman Thursday #24
She is ugly because of the person she is Bluestocking Thursday #29
The Generous Mirage gfarber Thursday #6
Excellent one today! Perfectly captures the fairy-tale nature. erronis Thursday #21
...... 70sEraVet Thursday #36
You've done it again, gfarber! calimary Yesterday #43
Yes. OldBaldy1701E Thursday #8
Apologies for the crappy formatting. (n/t) OldBaldy1701E Thursday #31
It's crumbs, while billionaires lap up billions in tax breaks. SunSeeker Thursday #9
I read estimate that Peter Thiel has $5 billion in Roth accounts that grew from a few thousand dollars lostnfound Yesterday #45
Not hard to believe. Roth does provide a potentially enormousloophole. And if you happen to be lucky enough, KPN Yesterday #49
I agree. TommieMommy Thursday #11
The Dells are big supporters of Greg Abbott and have bronxiteforever Thursday #12
K&R Solly Mack Thursday #13
My thoughts exactly popsdenver Thursday #14
I completely agree. It's another shot at Social Security underpants Thursday #26
I watched this performance on the "news" mountain grammy Thursday #15
And, does anyone think these accounts won't be subject to... Ol Janx Spirit Thursday #16
"It's a corporate heist dressed up as philanthropy, and America is too exhausted or too desperate to notice." DeeDeeNY Thursday #18
When I saw this story yesterday, I thought "Why do they have $6.25 B. They need to be taxed more." ... aggiesal Thursday #19
Yes, that line jumped out for me too. They had $6.5 billion to just "drop". txwhitedove Yesterday #47
Anand Giridharadas talked about this sort of empty largesse Pinback Thursday #20
Anand Giridharadas - I can't get enough of his analysis. yellow dahlia Thursday #41
As always, Republicans only act generous when they are the beneficiaries of the generosity. rickford66 Thursday #22
The beginning of the end of DownriverDem Thursday #23
Yes. More of the shell game hidden behind smoke and mirrors. yellow dahlia Thursday #40
Plus they get a nice tax break nt LNM Thursday #25
Didn't even have to understand it, the names alone tell you ita a grift. Srkdqltr Thursday #27
The last paragraph underpants Thursday #28
My work computer is a Dell laptop Bluestocking Thursday #30
Their vision for America is Charles Dickens' England MuirHero Thursday #32
Kick dalton99a Thursday #33
K&R. Bookmarked. Thanks. c-rational Thursday #34
Capitalism is the problem. BlueTsunami2018 Thursday #35
Yeah... what if in two decades, there's been a nuclear war... Justice matters. Thursday #37
I have no mouth and I must scream. (Harlan Ellison) chouchou Thursday #38
What a smart piece! yellow dahlia Thursday #39
K&R jfz9580m Thursday #42
Thanks for this malaise Yesterday #44
Pretty sure rightwing evangelical ministers across the country will be celebrating the virtues of the Dells KPN Yesterday #50
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