Progressive Power

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October 2025

Journalism

maga oligarchy “Schwarzman is chief executive of Blackstone, the third-largest private equity firm in existence. He was also the twelfth-largest donor in the 2024 election cycle, giving $40 million to Republicans. Then he broke with Trump over the January 6 insurrection. (He even told an associate privately at the time that Trump should step down.) But Schwartzman worked his way back into the fold in May 2024 after it became clear Trump would be the Republican nominee. https:// newrepublic. com/article/201833/trump-oligarchy-stephen-schwarzman-economy

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Journalism

What are we paying taxes for? Billionaires, ICE, Corruption, and Debt “The history of labor unions and the military-industrial complex can best be described as long and tortured. There has always been an affinity between the two camps. One of the primary promises of an expanded defense industry is that it provides well-paying jobs around the country, a fact that companies like Lockheed Martin heavily promote. Since the 1950s, labor unions have seen the defense industry as a key lifeline to advanced manufacturing jobs, a trend that only accelerated after deindustrialization swept America starting in the 1970s. The weapons industry has now become one of the last vibrant islands of sophisticated manufacturing work in the United States.” https://www.politico.com/news/magazine/2025/10/27/lockheed-martin-strike-orlando-weapons-missiles-00514386

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