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SEC Sues Elon Musk For Fraud, Seeks Removal from Tesla
wsj ^ | 09/27/2018 | Dave Michaels

Posted on 09/27/2018 2:57:51 PM PDT by rb22982

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To: ckilmer

You are a bit nuts


41 posted on 09/29/2018 7:04:51 PM PDT by rb22982
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To: rb22982

You mean you have changed from being a communist idealist to a capitalist idealist? I grant you that it makes your mental living room very tidy. But its not the way the world has ever worked. Nor will it ever be the way the world actually works.


42 posted on 09/30/2018 10:36:42 AM PDT by ckilmer
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To: ckilmer

No, you go off on rants, strawmans, etc


43 posted on 09/30/2018 10:47:59 AM PDT by rb22982
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To: rb22982

No, you think that technological revolutions occur ex niho. You think that trucking companies don’t benefit from US tax dollars that support the American highway system—or GM Ford or Chrysler for that matter.


44 posted on 09/30/2018 11:24:58 AM PDT by ckilmer
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To: ckilmer

Again, more straw-man arguments. That’s all you have.


45 posted on 09/30/2018 11:38:11 AM PDT by rb22982
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To: rb22982

My arguments are not straw man arguments. Not in the least. You say a proper capitalist roader company does not get government benefits—even when its in the public interest that they do so. I’ve showed you half dozen or so examples historically and contemporary where in fact that is the case. Companies do enjoy government benefits—especially when its in the public interest—and they have done so since the founding of the republic.

According to your ideal realm where metal birds sing—gm & ford are good because they make profits stand alone. But in 2009 when they almost went under—they were bailed out by the federal government.

I know— that was a democrat thing.

On the republican side, the coal companies were almost regulated out of business—but Trump brought them back to life by deregulating them.


46 posted on 09/30/2018 12:26:19 PM PDT by ckilmer
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To: ckilmer
Your argument is a strawman because you are directly or indirectly implying I was arguing against what you were talking about, when in fact I was not.

Again, here is what I said

"I applaud him for taking advantage of the system. His rocket $ from gov is hardly the only subsidy he’s received. 1) tax credits for cars 2) tax credits for solar 3) Selling credits on his cars for MPG to other car companies due to CAFE requirements put in place by Obama etc. But just because he, and other companies, are good at taking advantage of the US taxpayer doesn’t make him a jewel."

Hint: the others companies include a lot of other companies, including GM and F. F, however, was not bailed out by the government, and most of their profit comes from Trucks and SUVs. I would never use Detroit as an example of American exceptionalism in the last 50 years. Hence, your strawman.

47 posted on 09/30/2018 12:39:37 PM PDT by rb22982
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To: rb22982

I applaud him for taking advantage of the system. His rocket $ from gov is hardly the only subsidy he’s received. 1) tax credits for cars 2) tax credits for solar 3) Selling credits on his cars for MPG to other car companies due to CAFE requirements put in place by Obama etc. But just because he, and other companies, are good at taking advantage of the US taxpayer doesn’t make him a jewel.
....................
All of the credits the Musk took advantage were there to be taken advantage of. They had their intended effect. They were set there to make it possible for someone like Musk to come along and do something extraordinary. Musk is doing extraordinary things—and on the cheap as far as the taxpayers are concerned.You want to call him quartz? That’s you. His company has plenty of bears gunning against him as well. That’s fine.

For me? I hope he succeeds. Because his success will further the American enterprise more than his failure.

If you and I and Musk were put up on stage and an audience of 1000’s were asked who among us was the best example of American exceptionalism. I don’t think that either you or I would win that beauty contest. But maybe you think you would win. Yes?


48 posted on 09/30/2018 7:55:31 PM PDT by ckilmer
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To: ckilmer

Again, nothing but strawman arguments.


49 posted on 10/01/2018 3:50:49 AM PDT by rb22982
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To: rb22982

Tesla just settled with the SEC. Musk is stepping down as CEO. Hopefully that doesn’t kill Tesla.
https://www.yahoo.com/finance/news/tesla-soaring-elon-musk-settles-112334887.html

Musk actually sold off most of assets of the solar business he bought from his cousin. The chinese had effectively made it unprofitable for most american solar manufacturers to stay in business. All that’s left of that solar company company is a solar rooftop maker and installer.

After President Trump slapped a 25% tarriff on Chinese solar panels last year the Chinese dropped the price of their solar panels by 25% —mooting the tariff.

The upside of this is that solar is now cheaper than gas/coal. This is good if you believe that lower energy costs are at the heart of advances in civilization. And bad if you believe that the US needs to be energy dominant—as is the president’s policy priority—in every energy category including solar. Not just oil/gas/coal.

Learn something about the threat to America’s bread and butter—our invention machine that is posed by the Chinese.
According to this article President Trump described Michael Pillsbury as the leading authority on China.
https://www.bloomberg.com/news/articles/2018-09-27/trump-identifies-the-leading-authority-on-china-who-is-he
Read his book, “The Hundred Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower.” —.

David Goldman aka Spengler at PJ Media gives a shorter analysis in this article. https://americanaffairsjournal.org/2017/02/digital-age-produces-binary-outcomes/

He further has some suggestions for accelerating innovation.
https://pjmedia.com/spengler/american-narcissism-and-china-a-note-to-my-readers/

As well read, Greg Satell who wrote the book Mapping Innovation:   A Playbook for Navigating a Disruptive Age. 

you have bird cage ideologies buttressed by birdcage arguments. worst of all the birds inside you are selling are dead. See Monty Python’s Dead Parrot. https://www.youtube.com/watch?v=4vuW6tQ0218


50 posted on 10/01/2018 9:10:37 AM PDT by ckilmer
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To: ckilmer

You can continue to rant all you want about unrelated things. No one is reading it. Have a nice day.


51 posted on 10/01/2018 10:34:55 AM PDT by rb22982
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To: rb22982

don’t forget your dead bird on way out.


52 posted on 10/01/2018 12:45:12 PM PDT by ckilmer
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To: rb22982

So you understand the back story. the Pentagon is going to be making significant investments in domestic manufacturing so as to reduce US dependence on foreign suppliers—especially the Chinese. Basically, the feds want Chinese parts out of American weapons. This initiative will not be cheap.

https://www.defenseone.com/business/2018/10/trump-wants-chinese-parts-out-american-weapons/151821/?oref=DefenseOneTCO


53 posted on 10/07/2018 3:15:01 PM PDT by ckilmer
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