You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Elon, Vivek & the D.O.G.E.
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Last: 5 hrs ago by boognish_bear
the Industrial/technological/ military complex needs overhauling badly but Congress does not want to touch the DOD budgetboognish_bear said:Yes. We can cut military spending by targeting massive waste & fraud from defense contractors.
— Bernie Sanders (@SenSanders) December 3, 2024
One example: In October, RTX (Raytheon) was fined $950 million for defrauding DOD, lying about costs, and paying bribes to secure foreign business.
RTX is not alone.
Waco1947 ,la
They will not touch it and I bet Musk ends up with more contracts than he has now.Waco1947 said:the Industrial/technological/ military complex needs overhauling badly but Congress does not want to touch the DOD budgetboognish_bear said:Yes. We can cut military spending by targeting massive waste & fraud from defense contractors.
— Bernie Sanders (@SenSanders) December 3, 2024
One example: In October, RTX (Raytheon) was fined $950 million for defrauding DOD, lying about costs, and paying bribes to secure foreign business.
RTX is not alone.
whiterock said:Yep. 100% Power grab. Exactly, by Trump of coursehistorian said:
J6 was a modern Reichstag fire. It was used to justify all kinds of crimes & tyranny including an endless propaganda barrage, numerous bogus investigations, the imprisonment of countless individuals for minor offenses or process crimes, and 2 presidential impeachment attempts. All of this was predicated on the ridiculous narrative of an "insurrection", a label our fascists still use, with the language of the 14th amendment. But it was always a huge con.
Waco1947 ,la
Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Didn't he trim 70-80% of their workforce?
historian said:
When the government runs something the result is you pay more and get less. It's inevitable because the government is parasitic.
This. Absolutely don't want government in the Healthcare business. They will absolutely grow in efficiency. The federal government is best used for providing the guidelines. Of course, state government could do so as well.
Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
Dude, you watch too much CNNFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
Facebook Groups at; Memories of... Dallas, Texas, Football in Texas, Texas Music, Memories From a Texas Window and Dallas History Guild. Come visit!
Assassin said:Dude, you watch too much CNNFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
No, I don't. Haven't since the Iraq war. You guys have no idea what the Fed does or the scale. Musk made a fortune on Govt spending and Trump approved more than anyone before him. These are your heros to lower spending by firing a bunch of 75k a year people just doing their jobs. You don't see the issue?. Watch how many Govt contracts SpaceX gets.
And can you please explain where what FL said that isn't true instead of hurling dumb arse comments like "you watch too much CNN".Assassin said:Dude, you watch too much CNNFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
yup. This is precisely why I'm long Tesla, cuz ole Trumpy Bear will keep and or add onto Tesla's govt subsidies, even though I'm in the O&G business .FLBear5630 said:Assassin said:Dude, you watch too much CNNFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
No, I don't. Haven't since the Iraq war. You guys have no idea what the Fed does or the scale. Musk made a fortune on Govt spending and Trump approved more than anyone before him. These are your heros to lower spending by firing a bunch of 75k a year people just doing their jobs. You don't see the issue?. Watch how many Govt contracts SpaceX gets.
1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Musk has done much harder fixes than Twitter.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
Yep. He overpaid for it. Then he gutted it to cut expenses. Then the left went after his ad revenues. Choked off most of it. And, still his sales are growing by double digits. And site traffic, the primary monetizable activity of the business, is exploding. And now that the election is over, you will see the ad revenue start trickling back in. So I'd reel in your take and revisit in 6 months.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
Talking about firing half of the workforce is good bull. Won't happen, but it will move the Overton Window to fire more than your position on this (nowhere to cut in the USG) could ever accomplish.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
Trump is talking about all of that. And he will do more of it than you think possible. (pretty easy assessment to make, given that you think the USG is very lean at the moment).
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Same for the USG fix.
All it takes is the will to tune out the naysayers and do it. Trump is a lame duck. He gots nothing to lose, and he's had 4 years to plan.
Can you please explain why you need the periods in the middle of Junior?J.R. said:And can you please explain where what FL said that isn't true instead of hurling dumb arse comments like "you watch too much CNN".Assassin said:Dude, you watch too much CNNFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
Facebook Groups at; Memories of... Dallas, Texas, Football in Texas, Texas Music, Memories From a Texas Window and Dallas History Guild. Come visit!
3. Mist of those examples are various kinds of taxes.
Probably initials
whiterock said:Musk has done much harder fixes than Twitter.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
Yep. He overpaid for it. Then he gutted it to cut expenses. Then the left went after his ad revenues. Choked off most of it. And, still his sales are growing by double digits. And site traffic, the primary monetizable activity of the business, is exploding. And now that the election is over, you will see the ad revenue start trickling back in. So I'd reel in your take and revisit in 6 months.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
Talking about firing half of the workforce is good bull. Won't happen, but it will move the Overton Window to fire more than your position on this (nowhere to cut in the USG) could ever accomplish.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
Trump is talking about all of that. And he will do more of it than you think possible. (pretty easy assessment to make, given that you think the USG is very lean at the moment).
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Same for the USG fix.
All it takes is the will to tune out the naysayers and do it. Trump is a lame duck. He gots nothing to lose, and he's had 4 years to plan.
Name the great fixes that have not used Govt subsidies or Govt contracts? He is part of the problem. Same with Trump not only paying low taxes using tax credits, but he approved a lot of the debt.
He is as culpable as Biden.
Watch Musk net worth and SpaceX, Starlink govt contracts over next 4 years. I will bet mostly DOD and Intel which will be budgets not touched. The only thing cut will be social services and Medicare relied on by elderly and poor. Watch who carries the pain Musk is talking about, it won't be him or Vivek.
so let's unpack this.FLBear5630 said:whiterock said:Musk has done much harder fixes than Twitter.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
Yep. He overpaid for it. Then he gutted it to cut expenses. Then the left went after his ad revenues. Choked off most of it. And, still his sales are growing by double digits. And site traffic, the primary monetizable activity of the business, is exploding. And now that the election is over, you will see the ad revenue start trickling back in. So I'd reel in your take and revisit in 6 months.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
Talking about firing half of the workforce is good bull. Won't happen, but it will move the Overton Window to fire more than your position on this (nowhere to cut in the USG) could ever accomplish.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
Trump is talking about all of that. And he will do more of it than you think possible. (pretty easy assessment to make, given that you think the USG is very lean at the moment).
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Same for the USG fix.
All it takes is the will to tune out the naysayers and do it. Trump is a lame duck. He gots nothing to lose, and he's had 4 years to plan.
Name the great fixes that have not used Govt subsidies or Govt contracts? He is part of the problem. Same with Trump not only paying low taxes using tax credits, but he approved a lot of the debt.
He is as culpable as Biden.
Watch Musk net worth and SpaceX, Starlink govt contracts over next 4 years. I will bet mostly DOD and Intel which will be budgets not touched. The only thing cut will be social services and Medicare relied on by elderly and poor. Watch who carries the pain Musk is talking about, it won't be him or Vivek.
The private sector has never fixed anything without Govt help.
A private citizen using the law to his advantage is a bad thing.
Trump is going to cut social security.
Trump is going to cut Medicare.
That is leftist claptrap.
Who are you and what have you done to FLBear5630?
Don't generalize and misdirect.whiterock said:so let's unpack this.FLBear5630 said:whiterock said:Musk has done much harder fixes than Twitter.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
Yep. He overpaid for it. Then he gutted it to cut expenses. Then the left went after his ad revenues. Choked off most of it. And, still his sales are growing by double digits. And site traffic, the primary monetizable activity of the business, is exploding. And now that the election is over, you will see the ad revenue start trickling back in. So I'd reel in your take and revisit in 6 months.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
Talking about firing half of the workforce is good bull. Won't happen, but it will move the Overton Window to fire more than your position on this (nowhere to cut in the USG) could ever accomplish.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
Trump is talking about all of that. And he will do more of it than you think possible. (pretty easy assessment to make, given that you think the USG is very lean at the moment).
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Same for the USG fix.
All it takes is the will to tune out the naysayers and do it. Trump is a lame duck. He gots nothing to lose, and he's had 4 years to plan.
Name the great fixes that have not used Govt subsidies or Govt contracts? He is part of the problem. Same with Trump not only paying low taxes using tax credits, but he approved a lot of the debt.
He is as culpable as Biden.
Watch Musk net worth and SpaceX, Starlink govt contracts over next 4 years. I will bet mostly DOD and Intel which will be budgets not touched. The only thing cut will be social services and Medicare relied on by elderly and poor. Watch who carries the pain Musk is talking about, it won't be him or Vivek.
The private sector has never fixed anything without Govt help.
A private citizen using the law to his advantage is a bad thing.
Trump is going to cut social security.
Trump is going to cut Medicare.
That is leftist claptrap.
Who are you and what have you done to FLBear5630?
I said Musk has benefited from the things he is railing against as unsustainable. He has been a huge benefactor from the "Govt Spending". All his companies have benefited greatly from Govt spending. Spending that Trump approved just as much as Biden. So, pardon me if I just don't blanketly trust the rhetoric of two people that have a lifetime of using the Government trough for their personal benefit to save us from "wasteful spending".
As I said, WHO is going to feel the pain? Those that benefited from the Trillions of dollars of subsidies and contracts? Or, the Ma and Pop citizens that do nothing but go to work each day? I will bet neither Musk nor Vivek feel one bit of pain and actually make out with a profit. What part do YOU have a problem with?
You seem very eager to just sign on because you like what they are saying and want to believe without really looking at the data behind who is saying it. Not unusual with rhetoric as they are good at it and entertaining. A dangerous mix. Are we turning over the hen house to the foxes, hoping it all turns out well?
Trump wants to cut corporate taxes to as low as 15%, per CNBC.
— unusual_whales (@unusual_whales) December 11, 2024
boognish_bear said:Trump wants to cut corporate taxes to as low as 15%, per CNBC.
— unusual_whales (@unusual_whales) December 11, 2024
Cut the budget in half and I'm all for it.
bc they are my initials you moron. obviously you got NOThing per the usual , but a bunch of non sensical posts. If you are dumb enough to post non sense, then you need to man up an explain yourself instead of of hurtling insults as you have resorted.Assassin said:Can you please explain why you need the periods in the middle of Junior?J.R. said:And can you please explain where what FL said that isn't true instead of hurling dumb arse comments like "you watch too much CNN".Assassin said:Dude, you watch too much CNNFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
So, how do you really feel?J.R. said:bc they are my initials you moron. obviously you got NOThing per the usual , but a bunch of non sensical posts. If you are dumb enough to post non sense, then you need to man up an explain yourself instead of of hurtling insults as you have resorted.Assassin said:Can you please explain why you need the periods in the middle of Junior?J.R. said:And can you please explain where what FL said that isn't true instead of hurling dumb arse comments like "you watch too much CNN".Assassin said:Dude, you watch too much CNNFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
Facebook Groups at; Memories of... Dallas, Texas, Football in Texas, Texas Music, Memories From a Texas Window and Dallas History Guild. Come visit!
Its not Musks moves at all. Their revenue is down due to advertiser boycotts that have been organized by the ADL and other leftist groups bc they no longer control speech on the platform. The left uses bully tactics to bully you into submission the ADL is the king of that. They did the same thing to facebook but facebook gave in.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
I dont think Musk gives a damn about it either. Twitter will be just finemuddybrazos said:Its not Musks moves at all. Their revenue is down due to advertiser boycotts that have been organized by the ADL and other leftist groups bc they no longer control speech on the platform. The left uses bully tactics to bully you into submission the ADL is the king of that. They did the same thing to facebook but facebook gave in.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Facebook Groups at; Memories of... Dallas, Texas, Football in Texas, Texas Music, Memories From a Texas Window and Dallas History Guild. Come visit!
SpaceX - 19 Billion in contractsmuddybrazos said:Its not Musks moves at all. Their revenue is down due to advertiser boycotts that have been organized by the ADL and other leftist groups bc they no longer control speech on the platform. The left uses bully tactics to bully you into submission the ADL is the king of that. They did the same thing to facebook but facebook gave in.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Tesla - 3.8 Billion in subsidies
SolarCity - 350 million subsidies
PayPal - 15.3 Billion contracts
Your hero is addicted to the Government trough, and we are talking putting him in charge of it.
My hero is Dale Earnhardt Sr and he would never drive an EV nor would I.FLBear5630 said:SpaceX - 19 Billion in contractsmuddybrazos said:Its not Musks moves at all. Their revenue is down due to advertiser boycotts that have been organized by the ADL and other leftist groups bc they no longer control speech on the platform. The left uses bully tactics to bully you into submission the ADL is the king of that. They did the same thing to facebook but facebook gave in.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Tesla - 3.8 Billion in subsidies
SolarCity - 350 million subsidies
PayPal - 15.3 Billion contracts
Your hero is addicted to the Government trough, and we are talking putting him in charge of it.
Wouldnt you agree that he has done many times over, what NASA has done with this year's 30.05 billion dollar budget, with a fraction of the money given to him for completed contract? And delivered over and over to the space station and has us on the road to Mars? We should have been there decades ago. And SpaceX is doing it under his direction. He should get all of that to keep us going in the right direction. https://www.usaspending.gov/agency/national-aeronautics-and-space-administration?fy=2024.FLBear5630 said:SpaceX - 19 Billion in contractsmuddybrazos said:Its not Musks moves at all. Their revenue is down due to advertiser boycotts that have been organized by the ADL and other leftist groups bc they no longer control speech on the platform. The left uses bully tactics to bully you into submission the ADL is the king of that. They did the same thing to facebook but facebook gave in.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Tesla - 3.8 Billion in subsidies
SolarCity - 350 million subsidies
PayPal - 15.3 Billion contracts
Your hero is addicted to the Government trough, and we are talking putting him in charge of it.
Facebook Groups at; Memories of... Dallas, Texas, Football in Texas, Texas Music, Memories From a Texas Window and Dallas History Guild. Come visit!
Thank you FLFLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
Waco1947 ,la
Leading the group, Tesla CEO Elon Musk reclaimed his position as the world's wealthiest individual, with a fortune of $231 billion, marking his third time at the summit in the past four years.
The report attributed Musk's financial resurgence primarily to Tesla's buoyant stock performance and the escalating valuation of SpaceX, his aerospace company, which has benefited from successful launches and significant government contracts.
Amazon founder Jeff Bezos secured second place with a net worth of $185 billion, driven by the success of Amazon's cloud computing division. This marked a significant recovery for Bezos, reflecting a 57 percent increase in his wealth.
In third place, Bernard Arnault of LVMH held a fortune of $175 billion despite facing the largest wealth depletion among his billionaire peers this year and LVMH losing its crown as Europe's most valuable company.
This year's list showed the meteoric rise of Meta's Mark Zuckerberg, the youngest member of the top 10 by more than a decade. The 39-year-old saw his wealth leap to $158 billion as Meta's stock value more than doubled, securing him a place in the top 10. Also rising to the top 10 is former Google CEO Larry Page, with a net worth of $123 billion, underscoring the tech industry's substantial influence on global wealth.
total worth these four: 1 trillion
The report attributed Musk's financial resurgence primarily to Tesla's buoyant stock performance and the escalating valuation of SpaceX, his aerospace company, which has benefited from successful launches and significant government contracts.
Amazon founder Jeff Bezos secured second place with a net worth of $185 billion, driven by the success of Amazon's cloud computing division. This marked a significant recovery for Bezos, reflecting a 57 percent increase in his wealth.
In third place, Bernard Arnault of LVMH held a fortune of $175 billion despite facing the largest wealth depletion among his billionaire peers this year and LVMH losing its crown as Europe's most valuable company.
This year's list showed the meteoric rise of Meta's Mark Zuckerberg, the youngest member of the top 10 by more than a decade. The 39-year-old saw his wealth leap to $158 billion as Meta's stock value more than doubled, securing him a place in the top 10. Also rising to the top 10 is former Google CEO Larry Page, with a net worth of $123 billion, underscoring the tech industry's substantial influence on global wealth.
total worth these four: 1 trillion
Waco1947 ,la
No, this isn't about that. Competency is not part of this. This is about Govt spending. You and others don't believe the Govt should be in the Space business. Or really any business. No taxes, no spending. The Fed should be DOD and maybe Border Patrol, but a much lower level DOD as we should not be involved in any conflicts short of an invasion of the US. The anti-Fed group has been quite vocal over the evils of Government spending,Assassin said:Wouldnt you agree that he has done many times over, what NASA has done with this year's 30.05 billion dollar budget, with a fraction of the money given to him for completed contract? And delivered over and over to the space station and has us on the road to Mars? We should have been there decades ago. And SpaceX is doing it under his direction. He should get all of that to keep us going in the right direction. https://www.usaspending.gov/agency/national-aeronautics-and-space-administration?fy=2024.FLBear5630 said:SpaceX - 19 Billion in contractsmuddybrazos said:Its not Musks moves at all. Their revenue is down due to advertiser boycotts that have been organized by the ADL and other leftist groups bc they no longer control speech on the platform. The left uses bully tactics to bully you into submission the ADL is the king of that. They did the same thing to facebook but facebook gave in.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Tesla - 3.8 Billion in subsidies
SolarCity - 350 million subsidies
PayPal - 15.3 Billion contracts
Your hero is addicted to the Government trough, and we are talking putting him in charge of it.
He and Vivek are espousing that the Govt is overspending and they can easily cut 2 trillion dollars. Yet, he is receiving a nice share of the Government spending that is so evil that we have to form a new Agency (more bureaucracy) to deal with it. Besides the obvious conflict, you don't find that disingenuous? You don't think this position puts both of them in unfair positions with their competitors?
Of course it gives them a leg up. And they do more with the money they get then the lumbering NASA. It's about results. And Musk produces results. I would rather Musk get it and actually get stuff done. We should have been on the Moon decades ago already on Mars. NASA simply has too much red tape. If something goes wrong on one of their takeoffs, they go backwards for months trying to assign blame, instead of correcting it and moving onFLBear5630 said:No, this isn't about that. Competency is not part of this. This is about Govt spending. You and others don't believe the Govt should be in the Space business. Or really any business. No taxes, no spending. The Fed should be DOD and maybe Border Patrol, but a much lower level DOD as we should not be involved in any conflicts short of an invasion of the US. The anti-Fed group has been quite vocal over the evils of Government spending,Assassin said:Wouldnt you agree that he has done many times over, what NASA has done with this year's 30.05 billion dollar budget, with a fraction of the money given to him for completed contract? And delivered over and over to the space station and has us on the road to Mars? We should have been there decades ago. And SpaceX is doing it under his direction. He should get all of that to keep us going in the right direction. https://www.usaspending.gov/agency/national-aeronautics-and-space-administration?fy=2024.FLBear5630 said:SpaceX - 19 Billion in contractsmuddybrazos said:Its not Musks moves at all. Their revenue is down due to advertiser boycotts that have been organized by the ADL and other leftist groups bc they no longer control speech on the platform. The left uses bully tactics to bully you into submission the ADL is the king of that. They did the same thing to facebook but facebook gave in.FLBear5630 said:1 - You brought up twitter as an example of gutting a Company. I said the value is 75% then when he got it. He did what they are talking about for Govt, gutting for non-business reasons. He got rid of people for their believes and their disagreeing with him. Twitter is a private company, it is supposed to make money.Married A Horn said:FLBear5630 said:Married A Horn said:Is the federal govt in the business of making a profit? Yeah, your points are completely off track and irrelevant.FLBear5630 said:You do not trim fat for the sake of trimming fat. You have to know what is fat and what is productive. So, if Twitter was overvalued was and is Tesla? The point is to maximize productivity, not gut to the point of 25% value. I am sure shareholders were very happy. And the other "off topic" points are on topic. He is complaining about debt to the point where we have to go and gut Agencies and feel pain (his words). Yet, he is one of the biggest benefactors of subsidies and govt spending. You don't find that problematic?Married A Horn said:FLBear5630 said:Let's let your example tell the tale. So, how has X done with Musk in charge? More profitable? The answer is "No". It is worth a 75% less than when he bought it. But he fired a lot of people. Is that the goal here? Fire a lot of people and the US value drop 75%? What about Tesla? When did Tesla start making money? Probably when they received 4.9 B in Govt subsidies... How about SpaceX and Govt contracts?Married A Horn said:
We have Twitter as an example of Musk being successful in his efficiency endeavors. Do you have anything to suggest Musk fails at efficiency?
Self made? Govt subsidies are evil debt producing spending, right? BS, Govt subsidies and Contracts are what made Musk. Now he wants to shut it down.
Are we trading one problem for another?
Fidelity Values Elon Musk's X At $9 BillionAlmost A Fifth Of What He Paid
SpaceX secures new contracts worth $733.5 million for national security space missions - SpaceNews
Do you not remember all the lies in Twitters accounting (or # of legit users.) He overpaid massively for it and almost backed out.
What did he do with Twitter's budget? Trimmed it massively. You went to all these other points that are off topic. We are discussing his ability to trim fat. He has shown he can do that.
Are you saying you think all those fat liberals at twitter that did nothing but collect paychecks should have kept their jobs? Tons and tons and tons of government needs to get cut. Yesterday. He needs to cut tons and tons and tons of government jobs, and if people lose services that are actually worth something, big deal - they can go find another way while we figure out how to get a handle of 35 trillion in debt.
Once we lose 'currency reserve status' - we're royally screwed. You don't want that. Everyone in the US will feel the pain for generations. I'd much much rather a handful of bureaucrats lose their jobs and agencies close down than for us to go through that. Your priorities are way out of line.
Your point about Musk getting subsidies is a whole other topic. However, let's discuss it: all the EV and 'Green' crap to save the planet (while elites fly around in their jets to global warming conferences in blizzards) was something he benefited from. All those green energy subsidies should not be given out at all. He should not be getting any...but leftists want to save the planet while on their private jets, so by giving him money for Tesla, they satisfy their need to virtue signal.
No, I'm not in any way for Tesla, Space X, Twitter, or any other non-national security companies to get subsidies.
Your priorities are out of line. A lot.
When did I mention making profit? There is a difference between generating revenue and profit. You ever actually been responsible for funding anything? You want the US value to decrease? You want currency to lose value? You want services to stop? Yeah, That is productive. The guy destroyed the company YOU are using as an example of Musks skill. The Company is a shell of itself.
So you are into destroying for the sake of destroying? No matter how productive, needed, or it's value. Just gut it. You are the one with F-ed up priorities. Damn sad...
1. You keep referring to Musk's profitability... smh
2. Not sure of your economic background, but if we get that budget under control the value of the dollar rises... signaling strength of the nation. Its financial security is where the currency's value is derived from - not by how much services they provide. Go to Argentina or Greece or basically anywhere to see what happens to a nation's currency when their services / social programs costs are too much.
3. The only 'revenue' for the US government is tax dollars. And that is not based on what they make for their goods and services, but the private sector's.
4. Twitter's expenses are a shell of itself under Musk... yet it does exactly the same thing it did a decade ago: let people tweet.
2 - I agree with you here, the Debt has to get under control. I question the method being touted, firing 1/2 of the Federal workforce, especially when much of the debt was Trump spending. I am always against indiscriminate anything, you take actions for a reason. You get rid of unproductive positions and people, that requires analysis and data.
3 - Tax dollars are not the only revenue. Tariffs, fees, rent, investments, customs, go with a variety of taxes from different sources. We need to expand revenue to make a dent in this debt. The amounts you can cut are too small, you would need too many years and there is no way Politicians are that disciplined.
4 - Twitter is a private company, you treat it like a Govt Agency. Lower expenses and same service works for Govt. Musks moves killed a healthy Company's value. That is not sound business.
Tesla - 3.8 Billion in subsidies
SolarCity - 350 million subsidies
PayPal - 15.3 Billion contracts
Your hero is addicted to the Government trough, and we are talking putting him in charge of it.
He and Vivek are espousing that the Govt is overspending and they can easily cut 2 trillion dollars. Yet, he is receiving a nice share of the Government spending that is so evil that we have to form a new Agency (more bureaucracy) to deal with it. Besides the obvious conflict, you don't find that disingenuous? You don't think this position puts both of them in unfair positions with their competitors?
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2 different arguments are taking place.
1. Are musk & vivek going to be able to make impactful and proper cuts to get budget and debt under control.
2. Is Musk just going to use his position to line his own pockets.
They are not mutually exclusive.
1. Are musk & vivek going to be able to make impactful and proper cuts to get budget and debt under control.
2. Is Musk just going to use his position to line his own pockets.
They are not mutually exclusive.