Trump / Musk (other than DOGE)

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Tesla not only benefits from various tax credits offered BEV buyers, but they are not subject to the dealer franchise laws of various states. All legacy car manufacturers are not permitted to sell directly to consumers but must sell through franchised dealers, which means splitting their margin. Tesla enjoys the ability of direct-to-consumer sales cutting dealers out of the picture. They keep all their margin.
 
President Donald Trump's Department of Transportation just dealt a blow to a key federal program that funds the rollout of electric vehicle charging infrastructure across the U.S.

In a letter to state transportation departments titled "Suspending Approval of State Electric Vehicle Infrastructure Deployment Plans," the Federal Highway Administration (FHWA) notified states that their previously approved plans to deploy charging infrastructure under the $5 billion National Electric Vehicle Infrastructure (NEVI) program were no longer valid.

Under the NEVI program, states need to submit plans to the FHWA ahead of each fiscal year, outlining how they plan to use the funds they're entitled to for that year. During the Biden administration, the FHWA approved the first four (out of five) years of state plans, for fiscal years 2022 through 2025. Although that roughly $3.3 billion in funding was essentially unlocked by states, much of it has not yet been spent or committed ("obligated," in government speak) to projects.

...

The DOT's latest move could end up getting sorted out by the courts as well. NEVI funding was appropriated by Congress through the 2021 Infrastructure Investment and Jobs Act, and the program can't be wiped away or indefinitely paused with the stroke of a pen. The Impoundment Control Act of 1974 says a president can't stand in the way of funding appropriated by Congress.
 
superrific said:
Can you explain something that's been bugging me for a little while?

Do you see yourself as the OG of "truthhurts" prophecy? Or is it the OGtruth that hurts?
Click to expand...
the better question would be to ask yourself why something so trivial and insignificant would bug you any at all
 
When will there be an executive order demanding larger tanks on toliets?
 
www.nytimes.com

Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses

Some traders made tens of millions off a new cryptocurrency launched by President Trump and his sons. Many others lost out.
www.nytimes.com www.nytimes.com

Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses​

Some traders made tens of millions off a new cryptocurrency launched by President Trump and his sons. Many others lost out.

"The curious trade came a little past 9 p.m. on Jan. 17 — a $1,096,109 bet less than two minutes after the soon-to-be president of the United States posted on his social media account that his family had issued a cryptocurrency called $Trump.

In those first minutes, a crypto wallet with a unique identification code beginning 6QSc2Cx secured a giant load of these new tokens — 5,971,750 of them — at the opening sale price of just 18 cents each, starting a surge in the $Trump price that would soon reach $75 per token.

This early trader, whose identity is not known, walked away with a two-day profit of as much as $109 million, according to an analysis performed for The New York Times.

But the fast profits for early traders, whose names are unknown but some of whom appear to be based in China, came at the expense of a far larger number of slower investors who have cumulatively suffered more than $2 billion in losses after the price of the token crashed.

...As of the middle of this week, more than 810,000 wallets had lost money on the bet, according to an examination that the crypto forensics firm Chainalysis performed for The New York Times. The total losses are almost certainly much larger: The data does not include transactions that took place on a series of popular crypto marketplaces that started offering the coin only after its price had already surged.

The price of $Trump hovered around $17 this week, less than a quarter of its $75 peak value. ..."
 




I wondered when they would get around to the Fed. But Ron Paul?
 
Is Social Security still the third rail?



We may find out. (BTW, Treasury is not the department that would “deduplicate” Social Security, the SSA does that)
 
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