Gaetz was on his way out if he had stayed in the House. That report would have come out. His only chance was to leave. Luckily that didn't fly. Maybe my memory is foggy, but I remember it going down that way. Regardless, your points it solid.
That's kinda sad actually
With narcissists like Elon and Trump, the last fall is always the most spectacular one
There's no way that tosser pays taxes, especially in the US.
The true genius of Elon Musk is his 'subsidy harvesting strategy,' political science professor says
Musk is particularly skilled in collecting money from the government for his companies, Jeb Barnes, a University of Southern California professor, said. Now he’s in a political position where he could bolster that strategy.fortune.com
“He’s done it with all of his businesses,” Barnes told Fortune.
Musk has reportedly collected at least $38 billion in funding through government contracts, loans, subsidies, and tax credits that go as far back as 20 years, according to a recent Washington Post analysis.
Musk might even be making a play to fold in artificial intelligence by creating a market for chatbots and other applications in the government, Barnes said, calling it the ultimate contract. There are some signs that this could already be happening, such as one of his staffers reportedly creating an AI chatbot to streamline processes at DOGE. Musk is founder and CEO of xAI, which makes the Grok chatbot that’s available to use on his X social network. xAI is rumored to be raising a $10 billion funding round at a $75 billion valuation, Bloomberg reported last month. But xAI, despite only being two years old, has also benefited from tax breaks: As Fortune reported in January, xAI signed a 10-year data center deal in Atlanta, finalized the day after Christmas, which shows that xAI and Musk’s X will together receive a property tax discount worth an estimated $10.1 million. The companies had spent a reported $700 million for equipment to fill the center.
“This is a way for him to sort of carve out a rent-seeking opportunity extraordinaire,” Barnes said.
---
Wakey wakey.
He's robbing Peter to pay Paul, but in this case Peter is you, the taxpayer, and Paul is Elon.
Sad? It's the activity of an insane person.
Indeed, I doubt he could care less if Trump were impeached tomorrow and DOGE disbanded on the spot. With this deal and having plundered all that data, everything after that is gravy.
The true genius of Elon Musk is his 'subsidy harvesting strategy,' political science professor says
Musk is particularly skilled in collecting money from the government for his companies, Jeb Barnes, a University of Southern California professor, said. Now he’s in a political position where he could bolster that strategy.
“He’s done it with all of his businesses,” Barnes told Fortune.
Musk has reportedly collected at least $38 billion in funding through government contracts, loans, subsidies, and tax credits that go as far back as 20 years, according to a recent Washington Post analysis.
Musk might even be making a play to fold in artificial intelligence by creating a market for chatbots and other applications in the government, Barnes said, calling it the ultimate contract. There are some signs that this could already be happening, such as one of his staffers reportedly creating an AI chatbot to streamline processes at DOGE. Musk is founder and CEO of xAI, which makes the Grok chatbot that’s available to use on his X social network. xAI is rumored to be raising a $10 billion funding round at a $75 billion valuation, Bloomberg reported last month. But xAI, despite only being two years old, has also benefited from tax breaks: As Fortune reported in January, xAI signed a 10-year data center deal in Atlanta, finalized the day after Christmas, which shows that xAI and Musk’s X will together receive a property tax discount worth an estimated $10.1 million. The companies had spent a reported $700 million for equipment to fill the center.
“This is a way for him to sort of carve out a rent-seeking opportunity extraordinaire,” Barnes said.
---
Wakey wakey.
He's robbing Peter to pay Paul, but in this case Peter is you, the taxpayer, and Paul is Elon.
He bought Twitter at a loss using (heavily subsidised) Tesla stock, which is now dropping like a stone, and now he's just used stock in another (heavily subsidised) company to buy both of them. You don't see a pyramid scheme defrauding the government and the investors here?
You haven't heard them complain--yet. We'll see what happens.
The walls are closing in again I see
Elon Musk knew SolarCity was going broke before merger with Tesla, lawsuit alleges
A new court filing suggests Elon Musk and board members knew SolarCity was in deep financial trouble when they pushed for a merger.www.latimes.com
Same playbook
They love the “Tesla is subsidized” line. Haters gonna hate.
