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20k federal workers take "buyout" so far, official says

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Re: 20k federal workers take "buyout" so far, official says

#461

Earlier quoted context omitted.

Aren't Twitter workers still trying to get their severances and they took the offer when Twitter actually had the money to pay. Considering that SpaceX is so far behind on its bills that dozens and dozens of companies in Texas have had to place liens against the company, my guess is that neither the Twitter people, nor the SpaceX people, nor the federal buyout people will ever see a dime. For some reason, links to st…

Is it possible Mr. Musk's companies are actually in deep trouble financially, and this political stuff is actually a means to an end?

Both Tesla and SpaceX are insanely profitable.

Re: 20k federal workers take "buyout" so far, official says

#462
post #401

Earlier quoted context omitted.

Tesla is abundantly wealthy mostly on the back of it's delusional investors creating a self-fulfilling prophecy.

I'm not saying you are wrong, but GME is an interesting contrast. Despite delusional investors they didn't manage to make anything of it.

They're still around. Remember they were shorted because they seemed on the verge of bankruptcy..

Re: 20k federal workers take "buyout" so far, official says

#463

Earlier quoted context omitted.

That sounds illegal

Almost any reply to a political thread in the next four years is going to be "That sounds illegal" but it's only illegal if the law gets enforced. I encourage anyone responding with "That sounds illegal" or "They can't do that" to also include in their response, "...and it will be enforced by [xxxx]." and try to come up with a realistic xxxx. EDIT: I'm not making any judgment about whether this particular thing is le…

I've worked for the federal government before. Garden leave is 100% go-straight-to-prison illegal. It is defrauding the government.

There's a lot of stuff that is bog standard in industry, but cannot be done in government service.

Re: 20k federal workers take "buyout" so far, official says

#464

Earlier quoted context omitted.

Aren't Twitter workers still trying to get their severances and they took the offer when Twitter actually had the money to pay.

Aren't Twitter workers still trying to get their severances and they took the offer when Twitter actually had the money to pay. Considering that SpaceX is so far behind on its bills that dozens and dozens of companies in Texas have had to place liens against the company, my guess is that neither the Twitter people, nor the SpaceX people, nor the federal buyout people will ever see a dime. For some reason, links to st…

https://www.fastcompany.com/91124157/spacex-contractors-texa...

https://www.reuters.com/technology/space/musks-spacex-is-qui...

Re: 20k federal workers take "buyout" so far, official says

#466
post #4

> The buyout offer entitles federal employees to stop working more or less immediately and continue to be paid through Sept. 30. > The federal workforce's normal attrition rate is about 6% a year, meaning some of those who've taken the buyout may have been planning to leave government service anyway. Wow, talk about an amazing deal if you already happened to be planning on leaving...

Except that the money hasn't been approved by congress and will probably never be paid because the employees will have absolutely no method of redress it it is not.

Re: 20k federal workers take "buyout" so far, official says

#467

Earlier quoted context omitted.

I suspect that after all these cuts, they're going to realize that some of these things actually are required in order for the American people not to complain too much. I just remember in Trump's first term, and this is something that has stuck with me since, was how he promised, on day one, to "repeal and replace" the Affordable Care Act, only for a few weeks after taking office saying "Nobody knew health care could…

The only thing that saved the ACA was McCain who saved it as the last great act at the end of his life. All of the sensible, principled Republicans have died or retired. The modern Republican Party seem willing to go off the cliff with him. The tech sector is firmly in his pocket and all of the news media are owned by corporate giants who are literally bribing him to get what they want by “settling lawsuits”. I alway…

I'm gonna wait until the next Presidential election but if it is won by a Trump loyalist I will try very hard to move to Norway, Sweden, Denmark, Switzerland, Australia, etc.

Re: 20k federal workers take "buyout" so far, official says

#468
post #15

I think the main issue for anyone wanting to take the offer is simply: this was never authorized by congress, so the money to pay people to September is questionable if it exists at best. Meanwhile, there's a government funding deadline on March 14, 2025. So there's a very real chance at this deal offering something closer to ~1 month of pay before it suddenly gets dropped due to budget negotiations. It would be an i…

Didn’t the budget already include pay for these people through the end of the fiscal year though? Will they need more money if the people stop working now vs stopping in September?

Re: 20k federal workers take "buyout" so far, official says

#469
post #448

Earlier quoted context omitted.

> It seems to me DOGE is about crashing the US economy and/or world economy to attempt wild and radical Silicon Valley theories about alternate societies I see absolutely no evidence that the DOGE crowd wants to crash the economy and while they do have a utopian ideology so does the left. Additionally, the DOGE crowd would say they’re trying to dismantle an unaccountable deep state conspiracy that threatens the Ameri…

Man Elon himself said his plan is to crash the economy. When people tell you who they are, listen! https://www.the-independent.com/news/world/americas/us-polit...

> to crash the economy

The quote is “markets will tumble” by which he clarifies that it will be a temporary market overreaction not “crash the economy” like it’s 1929. Those are qualitatively different things.

Re: 20k federal workers take "buyout" so far, official says

#470
post #15

I think the main issue for anyone wanting to take the offer is simply: this was never authorized by congress, so the money to pay people to September is questionable if it exists at best. Meanwhile, there's a government funding deadline on March 14, 2025. So there's a very real chance at this deal offering something closer to ~1 month of pay before it suddenly gets dropped due to budget negotiations. It would be an i…

The offer can be rescinded, those who take it could just be terminated and per the contract they have absolutely no recourse.

It’s arguably an unconscionable contract, it’s so wickedly one-sided.

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