Trump / Musk (other than DOGE) Omnibus Thread

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“Long before he became one of Donald Trump’s biggest donors and campaign surrogates, South African-born Elon Musk worked illegally in the United States as he launched his entrepreneurial career after ditching a graduate studies program in California, according to former business associates, court records and company documents obtained by The Washington Post.

… What Musk has not publicly disclosed is that he did not have the legal right to work while building the company that became Zip2, which sold for about $300 million in 1999. It was Musk’s steppingstone to Tesla and the other ventures that have made him the world’s wealthiest person — and arguably America’s most successful immigrant.

… Musk and his brother, Kimbal, have often described their immigrant journey in romantic terms, as a time of personal austerity, undeterred ambition and a willingness to flout conventions. Musk arrived in Palo Alto in 1995 for a graduate degree program at Stanford University but never enrolled in courses, working instead on his start-up.
Leaving school left Musk without a legal basis to remain in the United States, according to legal experts.

Foreign students cannot drop out of school to build a company, even if they are not immediately getting paid, said Leon Fresco, a former Justice Department immigration litigator.

“If you do anything that helps to facilitate revenue creation, such as design code or try to make sales in furtherance of revenue creation, then you’re in trouble,” Fresco said. …”
 
nycfan said:


“Long before he became one of Donald Trump’s biggest donors and campaign surrogates, South African-born Elon Musk worked illegally in the United States as he launched his entrepreneurial career after ditching a graduate studies program in California, according to former business associates, court records and company documents obtained by The Washington Post.

… What Musk has not publicly disclosed is that he did not have the legal right to work while building the company that became Zip2, which sold for about $300 million in 1999. It was Musk’s steppingstone to Tesla and the other ventures that have made him the world’s wealthiest person — and arguably America’s most successful immigrant.

… Musk and his brother, Kimbal, have often described their immigrant journey in romantic terms, as a time of personal austerity, undeterred ambition and a willingness to flout conventions. Musk arrived in Palo Alto in 1995 for a graduate degree program at Stanford University but never enrolled in courses, working instead on his start-up.
Leaving school left Musk without a legal basis to remain in the United States, according to legal experts.

Foreign students cannot drop out of school to build a company, even if they are not immediately getting paid, said Leon Fresco, a former Justice Department immigration litigator.

“If you do anything that helps to facilitate revenue creation, such as design code or try to make sales in furtherance of revenue creation, then you’re in trouble,” Fresco said. …”
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Egregious hypocrisy and disregard for the rule of law.

Checks Out Season 2 GIF by The Office
 
“
Former President Donald J. Trump on Friday blasted the CHIPS and Science Act, a bipartisan law aimed at reducing America’s reliance on Asia for semiconductors by providing billions in subsidies to encourage companies to manufacture more chips in the United States.

“That chip deal is so bad,” Mr. Trump said during a nearly three-hour episode of “The Joe Rogan Experience.” “We put up billions of dollars for rich companies.”

Mr. Trump argued that the federal government could have imposed a series of tariffs to make chip manufacturers spend more of their own money to build plants in the United States. He also argued that the law would not make the “good companies” invest in the United States.

“You didn’t have to put up 10 cents,” Mr. Trump said. “You tariff it so high that they will come and build their chip companies for nothing.” …”

www.nytimes.com

Trump Attacks Bipartisan Semiconductor Law on Joe Rogan Podcast

Former President Donald J. Trump’s comments came during a nearly three-hour episode of “The Joe Rogan Experience.”
www.nytimes.com www.nytimes.com

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If he gets elected and actually tries to implement these insane tariffs then our economy is going to crash, and very likely it'll be worse than the Great Recession that started in late 2008. Apparently he's never heard of the Hawley-Smoot Tariff. And for all his talk about what a paradise the 1890s were, there was actually a severe economic depression for much of the decade (following the Panic of 1893) and there were several violent labor strikes in the decade that were crushed by a combination of hired corporate thugs, scabs, and the government supporting the corporations and Gilded Age tycoons over the workers. It was hardly the worker's paradise the Trump claims it was.
 
nycfan said:
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The underlying central problem - in addition to people thinking that MAGA is somehow playing by the same rules that we are - is that his supporters just don't care. In many cases, his defiance of reality is actually what they like about him. You could have a simple chart irrefutably proving that they actually are losing out by the whole Trump tariff thing, and they still wouldn't give a shit. And this is extremely difficult to combat. It is a cult in every respect.

As I have said a million times, this is an electorate problem far more than it is a candidate problem.
 
evrheel said:
Started and worked at an opto contract manufacturer; we added the Tariff on top of the imported part price and passed it on to the our US customers
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Yep, there’s a multiplier effect because you make margin on the tariff.
 
gizmodo.com

Elon Musk Fans Are Losing So Much Money to Crypto Scams

Read the complaints filed with the FTC about scams that use Elon Musk's face.
gizmodo.com gizmodo.com

Some people in the complaints believed they were talking directly with Musk, a sadly common story that has popped up in news reports before. But they weren’t talking with Musk, of course. They were communicating with scammers engaging in what’s called pig butchering—the name for a type of fraud popularized in the mid-2010s where scammers extract as much money as possible through flattery and promises of tremendous profits if the victim just “invests” where they’re told.

...

One person in Michigan who reported losing $700,000 to scammers explained they became suspicious “because I am not able to get information about the company, such as an address, email address or any other contact information except the phone number.” Another victim in Nevada who lost over $220,000 said they “saw a commercial featuring Elon Musk” that appeared “on either TikTok or Instagram” that was “asking people to join his AI trading platform.”
 
altmin said:
gizmodo.com

Elon Musk Fans Are Losing So Much Money to Crypto Scams

Read the complaints filed with the FTC about scams that use Elon Musk's face.
gizmodo.com gizmodo.com

Some people in the complaints believed they were talking directly with Musk, a sadly common story that has popped up in news reports before. But they weren’t talking with Musk, of course. They were communicating with scammers engaging in what’s called pig butchering—the name for a type of fraud popularized in the mid-2010s where scammers extract as much money as possible through flattery and promises of tremendous profits if the victim just “invests” where they’re told.

...

One person in Michigan who reported losing $700,000 to scammers explained they became suspicious “because I am not able to get information about the company, such as an address, email address or any other contact information except the phone number.” Another victim in Nevada who lost over $220,000 said they “saw a commercial featuring Elon Musk” that appeared “on either TikTok or Instagram” that was “asking people to join his AI trading platform.”
Click to expand...
John Oliver did a great piece on pig butchering several months ago.

 
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