Elon Musk / Tesla / SpaceX / Twitter

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nycfan said:

NPR (@npr.org)

SpaceX and Amazon are asking the Fifth Circuit Court of Appeals to find the National Labor Relations Board unconstitutional. The federal agency is tasked with enforcing workers' right to organize. https://www.npr.org/2024/11/18/nx-s1-5192918/spacex-amazon-nlrb-labor-board-elon-musk
bsky.app bsky.app
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Yep, part of the plan. Fifth Circuit will do it, Supreme Court will affirm 6-3. It will be Jarkesy redux. That the underlying theory is preposterous and without any basis in the constitution is irrelevant.

They will stop at the Federal Reserve, even though there is no principled distinction between the Fed and any other agency, because they know that invalidating the Fed will affect them adversely.
 
superrific said:
Dude, "rooting out inefficiency in government" has been a GOP thing for decades. Every GOP administration sets up some sort of task force to cut the fat. Sometimes Congress too. Do you remember Simpson Bowles?

And the reason you don't hear about it is that there just isn't much waste at all (outside of the DoD, which I can't comment on). When the GOP talks about waste, they are only talking about things they don't like (as always) and it's usually ignorant. These things have a purpose. If you don't like the purpose, fine, but it's not just waste or inefficiency.

You'll see. This DOGE thing will come up with basically nothing and probably you will never hear of it again after the inauguration. If you do, it will be some symbolic bullshit or talking about cutting valuable programs that Musk etc. just don't like (which is not the same thing at all).
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You forgot the 3rd option besides cutting waste and outright cutting programs - doing things more efficiently. For example, SpaceX, rather than letting the booster engines fall to earth, rendering them unusable for future launches, figured out a way to catch them and reuse them. That's something that the federal government, because it doesn't have any true concern about a budget, would never think to do.

 
ZenMode said:
You forgot the 3rd option besides cutting waste and outright cutting programs - doing things more efficiently. For example, SpaceX, rather than letting the booster engines fall to earth, rendering them unusable for future launches, figured out a way to catch them and reuse them. That's something that the federal government, because it doesn't have any true concern about a budget, would never think to do.
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Yeah, NASA never ever thought about re-useability. That's why we never invented a spaceship that could land on a runway like an airplane and then be reused. What's that, we've had something like that for a long time?

Did you know that NASA experimented extensively with reusable rockets in the 1960s and 1970s. It couldn't be done with that tech at the time.

And you've gotten the causality 100% incorrect. The reason that NASA couldn't have developed that technology was that Congress DID give it a budget, and within that budget, there was not enough $$ to invest in speculative technology. It's an open question whether private companies are necessarily more innovative than governments, but that's not your point. Your point is that the government doesn't think about a budget when in fact the existence of this phenomenon is specifically the result of budgetary constraints.

And the reason that NASA doesn't have a big budget is that we've already done this "government efficiency" dance over and over again.
 
superrific said:
I mean, I suppose Congress could stop printing dollars. But that would cause the mother of all financial meltdowns, so I'm thinking no. And that wouldn't leave crypto in charge, either

As far as I can tell, the basic positions on crypto in America are 1) it should be eliminated, or at least highly regulated (for instance, so that people have to pay taxes on their gains) and 2) do nothing and let crypto keep pulling in suckers. Thiel etc are scared of position 1.

Crypto is not a currency, despite the name. At this point in existence, it's just a highly levered NASDAQ tracking index. Its correlation with tech stocks is very high, which is sort of the exact opposite of what its proponents think it is and the exact opposite of what you need from a currency. There are lots of different "coins," which means that any crypto takeover would have to decide which of the coins to adopt and which to jettison, and of course there's nobody in a position to make that decision (one could say let the market sort it out but the only way that has ever worked in the past was serial bankruptcies). There's no monetary authority to control the supply of crypto coins (the limit on 21 million bitcoins is actually no limit at all because they are fractionally divisible), and while the crypto idiots think that's a feature, it's a huge bug.

So, no, I don't think any crypto takeover is on the horizon. Not as far as the eye can see. Lots of things would have to happen to make that a reality, and most of them are bad. Some would be "world falls apart" bad. The irony is that if anyone did try to replace the dollar with, say, bitcoin, bitcoin's value would plunge to zero because the first effect would be to create a massive financial crisis, and in crises, investors run to safety. Which isn't fucking bitcoin.
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www.investors.com

Trump Expands Crypto Reach With Acquisition Talks, Coinbase Meeting

President-elect Donald Trump set to meet with Coinbase CEO. Trump Media stock bolts on crypto acquisition talks.
www.investors.com www.investors.com
 
nycfan said:

CNN (@cnn.com)

The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers...
bsky.app bsky.app

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Another reward for Elon. Potentially more important to him than EV tax credits.

  • The incoming Trump administration intends to prioritize loosening federal regulations for self-driving cars, per a report by Bloomberg.
  • The report claims policy details aren't yet confirmed, but it suggests the new rules could make it easier to get more fully autonomous vehicles on the road.
  • Reducing roadblocks would benefit companies that have invested in self-driving tech, including Tesla, which recently debuted the Cybercab.

 
WaynetheDrain said:
I think it’s very possible that I may hate Elon Musk more than I hate Donald Trump.
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The full reach of his impact on the 2025 presidential election still hasn't come to light. I don't believe he didn't violate FEC campaign contribution limits and disclosure requirements, even if indirectly. The new information recently reported on false flag digital campaigning is also highly disturbing and there are no safeguards against it.
 
Positive: Elon Musk may speed up the move to, and support of, E.V. vehicles by folks on the right.

Negative: There is a good chance that he is going to bring the country down in the process, and almost certainly will be responsible for an increase of political, and social, violence if we get to "that" point. Twitter is much more of a cesspool right now than many people on the left realize (although many of them are starting to understand), and people on the right are falling for the propaganda. The platform plays right into the nation (and the world's) fetishization for violence and desire to fear the "other."

He is, in my opinion, by far and away the most dangerous immigrant in the country.
 
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