@GottaLaff When you consider that all #Tesla profits are from clean energy tax credits which were removed from the Big Beautiful Project 2025 Bill, no wonder #Musk is upset.
@GottaLaff When you consider that all #Tesla profits are from clean energy tax credits which were removed from the Big Beautiful Project 2025 Bill, no wonder #Musk is upset.
Via Carl Quintanilla:
Watching $TSLA shares fold this week — even as the market rallies — suggests some holders had bought as an expression of MAGA support.
"it's a #publicBenefitCorporation"
that has no legal bite
it means a company *may* pursue ill defined "public benefit" instead of profit
it doesn't *have* to
shallow feel good marketing
"it's #decentralized"
in theory
like #cryptocurrency hype, #bluesky promises a lot and delivers little, and #FOMO dum dums buy into the promise rather than the reality
it's only a matter of when, not if, the #crypto bro owners of bluesky do to it what #musk did to #twitter
"Elon Musk—via his DOGE—exposing and attempting to cut government waste is wonderful. However, it’d be even better if Elon focused more on striking closer to the root of the problem: the public’s economic ignorance from which all the disastrous, coercive, competition-immune, monopolistic government central planning ... grows. This is precisely what Ludwig von Mises did, and I like to call it the Misesian formula for prosperity."
https://mises.org/mises-wire/elons-doge-ok-mises-way-better
#mises #musk #economics #politics #doge
Trump and DOGE Defund Program That Boosted American Manufacturing for Decades
Donald Trump says taxing imports will strengthen domestic manufacturing. Hours before announcing new tariffs, his administration cut support for centers that help US firms do just that.
https://www.wired.com/story/nist-trump-manufacturing-extension-partnership/
"in the 1980s, Congress established a nationwide network of organizations to advise small American manufacturers... Manufacturing Extension Partnership (MEP)"
Loser says what?
#ElonMusk is so full of crap, he claims that the #Wisconsin #VoterID requirement on the ballot “was the most important thing.”
It literally was already required of Wisconsin voters, the amendment merely codified it.
They are incapable of admitting when they lose.
#Liberal Wins #Wisconsin Court Race, Despite #Musk’s Millions
#SusanCrawford defeated Brad Schimel for a seat on the #WisconsinSupremeCourt in a race that shattered spending records & maintained a liberal majority on the court.
#law #election #SupremeCourt #ElonMusk #Trump #ElectionInterference #bribery #USpol #WIpol
https://apnews.com/article/wisconsin-supreme-court-elon-musk-trump-8fe006c7f8fa40b663eccd6751bada98
>> BRIAN: Well, there's a lot of evidence for that. I mean, look at the joy and abandon with which #Musk and #Bezos and #Zuckerberg have jumped into #fascism! They're completely happy to be there. In fact, they're quite proud, it seems to me.
> Q: What do you think of the argument that we don't need to tax rich people more, because they can use their money to give away to charitable causes, or be beneficiaries?
>>
This is what is expected to happen when you put a billionaire with a severe drug addiction problem in charge of monitoring the Federal Government spending of the world's largest economy
"“DOGE Has 10 Staffers at Social Security in Hunt for Dead People,” the headlines read this past week.
I found a dead person on Social Security. Right here in Seattle, on Capitol Hill.
Of course the circumstances of Ned Johnson’s death were completely the opposite of what Elon Musk and his Department of Government Efficiency had claimed was rampant.
“You wake up one day and discover you’re dead,” Johnson told me. “It’s been truly surreal.”
That’s the biggest difference — my deceased guy turns out to be very much alive. Musk is contending that hordes of dead people are listed as alive in the Social Security databases, and are fraudulently still drawing benefits (which the Social Security director disputes).
Johnson is 82 and still kicking. Yet sometime last month, someone or something led Social Security to both tag him as dead and start clawing back his benefits.
Johnson’s strange trip through the netherworld began in February, when a letter from his bank arrived addressed to his wife, Pam."
Fun fact: Musk was only hailed as a "genius" in the US because of unearned adulation in the media. In South Africa they never took him seriously.
And South Africa's ambassador to the US just correctly observed that Elon Musk's promotion of the far right in Europe is based in racist ideas.
Which caused Marco Rubio to throw him out of the country, Putin style, for excessive accuracy. God this is humiliating.
https://apnews.com/article/rubio-south-africa-ambassador-trump-caf02606c61ee4b7945624a8f792ce1d
DAYUM! I predicted it would take AT LEAST a year for #DonTheCon to try to turn the #Crypto scam into a National Currency (from which he and #Musk would turn themselves into instant mega-billionaires.)
It didn't even take 44 DAYS!
(REMINDER: This is right after Musk blasted #SocialSecurity as a "#PonziScheme.")
https://www.msnbc.com/rachel-maddow/watch/-old-fashioned-simple-scam-trump-hypes-strategic-crypto-reserve-233757253835
DOGE Secretly Changes Receipts for Almost Half Its Supposed Savings
DOGE keeps quietly editing how much it has saved through its cuts.
https://newrepublic.com/post/192248/doge-changed-almost-half-savings-receipts
"errors still persisted on the site. #DOGE still claimed that it had saved $106 million by canceling two contracts... but in reality, those contracts were completed during the #Bush admn.
This isn’t the first time that this has happened. DOGE’s website... has turned into a hall of humiliation"
Struggling With Errors, DOGE Deletes Billions More From List of Savings
For the second time in a week, Elon Musk’s govt overhaul effort updated its “wall of receipts” to remove #mistakes that inflated its success.
https://www.nytimes.com/2025/03/03/us/politics/doge-musk-contracts-wall.html
"From its start, the list has been full of errors... claimed credit for contracts that had ended years or even decades before...
these mistakes raised questions about #DOGE ’s basic understanding of the federal #government"
Elon Musk’s DOGE Cuts Are Wreaking Havoc on Nuclear Safety
DOGE has gutted the nuclear #safety agency.
https://newrepublic.com/post/192247/elon-musk-doge-cuts-nuclear-safety
" #DOGE pledged that the mass firing only affected noncritical employees... but that was little more than a bold-faced #lie.
...staffers forced out of his position incl acting Chief of Defense #Nuclear Safety James Todd, a senior executive official and the “top authority for all #NuclearSafety matters in the agency”"
"At the #FDA, labs that analyze samples to ensure that #food, drugs, medical devices, and cosmetics are #safe and meet regulatory standards are already facing shortages...
to keep ultra-cold freezers running. These freezers preserve samples of cells and other biological material that reflect years, and sometimes decades, of #research. Delays in getting liquid nitrogen tanks could destroy that material."
https://www.wired.com/story/doge-elon-musk-spending-cuts-federal-workers/
"The credit card program allows federal workers to bypass the typical procurement process required to buy goods and services. A 2002 report from the Department of #Commerce said that, “by avoiding the formal procurement process, #GSA estimates the annual savings to be $1.2 billion.” It also enables federal employees to avoid paying sales tax on expenses that the #government is exempt from."
https://www.wired.com/story/doge-elon-musk-spending-cuts-federal-workers/
Elon Musk’s $1 Spending Limit Is Paralyzing Federal Agencies
The #DOGE -mandated credit card freeze is delaying shipments of critical supplies, stalling #travel, & stopping employees from doing their #jobs.
https://www.wired.com/story/doge-elon-musk-spending-cuts-federal-workers/
"At the #NOAA, scientists aren’t able to order equipment used to repair ships... At the #FDA, laboratories are experiencing delays in ordering basic supplies... employees are already unable to carry out the basic functions of their job."
An FDR-Style "State of the Union"
Imagining What He Would Say Today, versus Trump/Musk/Putin
https://davidpepper.substack.com/p/an-fdr-style-state-of-the-union
"The actions of #Musk & his associates mirror those of the #economic royalists I warned about in prior years...
their dismantling of vital #government agencies & services and the bypassing of constitutional #ChecksAndBalances are not acts of #efficiency or savings, but attacks on the foundations of our republic."
Social Security & Sex Robots: Musk Veers Off Script With Joe Rogan
Elon Musk’s 3-hour interview with “The #JoeRogan Experience” offered a window into his worldview that was by turns crude & contradictory.
https://www.nytimes.com/2025/03/03/us/politics/elon-musk-joe-rogan-podcast.html
“ #SocialSecurity is the biggest Ponzi scheme of all time,” Musk declared...
#Musk defended his efforts with #Doge, alternatively casting it as existential & downplaying its scope, while expounding on not-safe-for-work matters like #AI sex robots."
Senior USAID Leaders Warned #Trump Appointees of Hundreds of Thousands of Deaths From Closing Agency
One million #children will go untreated for severe malnutrition, up to 166,000 people will die from #malaria & 200,000 more children will be paralyzed by #polio over the next decade...The programs were cut anyway.
https://www.propublica.org/article/trump-doge-rubio-usaid-musk-death-toll-malaria-polio-tuberculosis
"Elon Musk's #DOGE, pressed ahead with their plan to dismantle #USAID... even as the admn publicly insisted that those programs remained online"