611–620 of 1001 posts
How does a loser from South Africa, who has been kicked out of nearly every company, obtain this? Perhaps this is what every loser in America dreams about themselves being able to do.
What is the play here? Using money invested in xAI and its inflated valuation to bail out the X investors?
It bails out Elon and means his Tesla shares (borrowed against to purchase Twitter) won’t be liquidated as Tesla’s share price continues to decline, using xAI investor funds. He uses hype and sentiment (inflating valuations) in the capital markets to always stay slightly ahead of consequences.
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The U.S. will never allow any former president to get prosecuted because the precedent is too severe. By all reasonable accounts, GW Bush should have been prosecuted for war crimes. Trump should have been prosecuted the moment he left office for a spectrum of crimes. There is even a strong argument that Obama should have been prosecuted for drone strikes on citizen combatants. But power protects power, and the moment…
But trump was prosecuted. He was found guilty. It's just that in the meantime the rule of law in the US died and he was elected again. If there are elections in 2028 and MAGA loses he's toast. Big if.
Regardless, Trump is old. Even if he's convicted of something in 2030 or whenever, he probably won't go to prison. He may even be dead by then; he'll be nearly 85, and no matter what his doctors have been told to say publicly, it's hard to believe the man is in super great health.
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I mean, that was always a grift to anyone with two brain cells to rub together .
The government spends 1 out every 5 dollars of GDP. It probably does need a better mechanism for managing costs and outlays. Having one of the "richest men in the world" be in charge of it is ridiculous. That's Trump for you. Populism up front, oligarchy in the back.
Oligarchy is generally how people who don't deserve wealth can get it. As pointed out by you, that doesn't exactly apply to the world's (already) richest man.
And who exactly would you look for to help the federal government build "a better mechanism for managing costs and outlays", if not someone who has built multiple successful businesses (managing costs and outlays at impressive scale) in very different industries?
So the real story here is that he was in danger of getting margin called on the loan he took to buy Twitter which he financed with TSLA shares as collateral, and this is him moving money around so he doesn't have to face the reality of actually getting margin called amid a sinking TSLA, right?
I for one hope this all ends really, really badly for him and his backers.
What a sham of a person, companies, and legal and financial system. How does a loser from South Africa, who has been kicked out of nearly every company, obtain this? Perhaps this is what every loser in America dreams about themselves being able to do.
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Yeah these fantasies where musk would somehow go bankrupt by tanking Tesla and overpaying for Twitter were also wild He’s literally the richest person the earth has ever known. He’s never going to suffer financially. He has countless levers of power he can pull. The same fantasy applies to any past or current president ever spending a day in jail. He literally commands the most powerful military apparatus the world h…
Is he really rich? He started a car company, one that is known to make shit cars. All of their big bets failed. So what was supposed to be "not just a car comoany", which is what all the insane valuations were based on, is now "just a car comoany" and a shit one at that. So why is this car comoany still valuated at such insane hype levels? Is his wealth not entirely tied to the hyper-valuation of this car company?
Tesla makes pretty nice cars if you're willing to drive them yourself and you only occasionally use autopilot as a kind of smarter cruise control. Never use FSD unless you're willing to pay through the nose for a system that only works in select locations and otherwise tries to kill you every few minutes.
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You can just google the oaths that people take. - enlisted: https://www.army.mil/values/oath.html > I, _____, do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; and that I will obey the orders of the President of the United States and the orders of the officers appointed o…
Take a look at the Oath Keepers or the 3%ers and let me know if you think they are going to do the right thing here. They took an oath to protect their interests. That’s it and that’s all.
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I don't see any connection to what you're talking about to this. You have to explain.
Thank you, that's a very fair point, and I apologize for my *-centric" viewpoint and such a short quip. That is not what we're aiming for in conversation on this site. I took a giant shortcut, without providing sources, that was meant to indicate that we are in a situation that closely resembles the "Gilded Age" or "Robber Baron" era in the United States. I was intending to point towards the actions of individuals in…