ChaoticMusings

Maddog · Go Outside

RE: Elon Musk

Maddog · Go Outside

Barksdale wrote:
Maddog wrote:
Nah, the president is still going to support the Ford plant because it's an American company with American workers. He might attack management at times but still defend the entity as a whole..

This crap with Milei is just him catching AA fire like you always doing when your over your target causing damage.
And the ordinary investors who lose money in the rigged market are simply collateral damage?
What group of people are particularly attracted to crypto trading? Men, and young men in particular. They see a labour market in front of them where it is increasingly difficult to get a job which pays anywhere near enough to have a family and a house. They see people on social media making a killing and living a seemingly lavish lifestyle and fear getting left behind. They therefore gravitate towards high risk activities such as crypto trading because at least you can make it big there, you have a shot at a good life.
Treating these young men as economic cannon fodder in a bigger game is appalling. Elected representatives have a duty to act responsibly and we should expect them to do so.

It's not appalling. They want to roll the dice? They know how the game is played. They aren't children.

Barksdale · Getting Gobby

Maddog wrote:

I think Musk will end up losing money in the long run. I don't care, and more importantly I don't think he cares.

Nah, all of this aligns with his economic interests. There may be some altruistic element but I think it is very much secondary.

The focus on federal spending means less political attention on wealth inequality and how it is driving down living standards. Controlling Twitter under the guise of free speech so you can shape opinion away from Tech regulation and promote policies which benefit the billionaire class also good for him. Spending money on anti-mmigration parties so that the focus is on immigration rather than the wealthy looting Western economies is also beneficial.

I don't think people truly have any idea of the scale of Elon's wealth and for him these investments in 'saving' the West is chump change. He wants what most rich and powerful people want - more wealth and power and to leave that legacy for their children, especially if it is a boy. This is straight forward dynasty building.

Trump is no different. It is comically transparent that we wants the Trump family to be the American version of the British Royal Family. What amazes me is how many Americans seem to love it.

Barksdale · Getting Gobby

Maddog wrote:
Barksdale wrote:
Maddog wrote:
Nah, the president is still going to support the Ford plant because it's an American company with American workers. He might attack management at times but still defend the entity as a whole..

This crap with Milei is just him catching AA fire like you always doing when your over your target causing damage.
And the ordinary investors who lose money in the rigged market are simply collateral damage?
What group of people are particularly attracted to crypto trading? Men, and young men in particular. They see a labour market in front of them where it is increasingly difficult to get a job which pays anywhere near enough to have a family and a house. They see people on social media making a killing and living a seemingly lavish lifestyle and fear getting left behind. They therefore gravitate towards high risk activities such as crypto trading because at least you can make it big there, you have a shot at a good life.
Treating these young men as economic cannon fodder in a bigger game is appalling. Elected representatives have a duty to act responsibly and we should expect them to do so.
It's not appalling. They want to roll the dice? They know how the game is played. They aren't children.

In a fair competition? Fine.

In a rigged game? No, absolutely not. At least with a casino you know the House always wins in the end.

Maddog · Go Outside

Barksdale wrote:
Maddog wrote:
Barksdale wrote:
Maddog wrote:
Nah, the president is still going to support the Ford plant because it's an American company with American workers. He might attack management at times but still defend the entity as a whole..

This crap with Milei is just him catching AA fire like you always doing when your over your target causing damage.
And the ordinary investors who lose money in the rigged market are simply collateral damage?
What group of people are particularly attracted to crypto trading? Men, and young men in particular. They see a labour market in front of them where it is increasingly difficult to get a job which pays anywhere near enough to have a family and a house. They see people on social media making a killing and living a seemingly lavish lifestyle and fear getting left behind. They therefore gravitate towards high risk activities such as crypto trading because at least you can make it big there, you have a shot at a good life.
Treating these young men as economic cannon fodder in a bigger game is appalling. Elected representatives have a duty to act responsibly and we should expect them to do so.
It's not appalling. They want to roll the dice? They know how the game is played. They aren't children.
In a fair competition? Fine.
In a rigged game? No, absolutely not. At least with a casino you know the House always wins in the end.

It's crypto. Don't play if you can't afford to lose your investment..

The Battle of the Somme was appalling. Losing money in crypto is a life lesson. I hope they learned something ..

Syl · FIRM BUT FAIR.

Maddog wrote:
Syl wrote:
Now it seems more than ever money is buying power, here is a glimpse of the next generation world rulers.

Nothing new..

One was a shot taken by a photographer hired to take candid shots of the Kennedy family.

The other was televised whilst Musk was speaking to the worlds press in the Oval Office.

Hardly comparable.

Maddog · Go Outside

Syl wrote:
Maddog wrote:
Syl wrote:
Now it seems more than ever money is buying power, here is a glimpse of the next generation world rulers.

Nothing new..

One was a shot taken by a photographer hired to take candid shots of the Kennedy family.
The other was televised whilst Musk was speaking to the worlds press in the Oval Office.
Hardly comparable.

I don't see the big deal. It was am informal press conference in the Oval Office and Elon brought his kid to work..🤷

Vam · Getting Gobby

Maddog wrote:
Vam wrote:
“Are you aware of how serious our debt problem is?
Trump is wholly unsuited for the job. Unfortunately, he's our best shot because our two major parties can't nominate anyone of value and I live in a country full of people who believe they must pick the lesser of two evils..”
…………..
I sure am aware, MD. I’m also aware that 47 cranked up your national debt by $8Trillion in his first term. Now, it seems he’s trying to obliterate the debt ceiling altogether, so he can knock himself out doing whatever TF he wants.
I‘ll just add this, before stepping away today…..
Did your people really end up picking the lesser of two evils? All the alleged bomb threats on election day at the swing states‘ polling stations. Plus Musk in the run-up to election day repeatedly posting on his disinfo hub (formerly known as Twitter) that “Anything can be hacked.” All of that maybe, just maybe, could have rigged/affected the overall outcome.
But again, that’s down to the Democrats’ incompetence and failure to take a closer look, by at least calling for audits of any questionable election results.

-- Edited by Vam on Tuesday 18th of February 2025 03:47:17 PM
If you're actually aware of how serious the debt problem is, then you realize what must be done. Yes, in his first term Trump was equally as "spendy" as his successor. Which is why I've been so pleasantly surprised by his cuts. I didn't think he would follow through.

And stop with the election was stolen. That looks equally as silly on you as it does on some red hat wearing kook..

Ah ffs … stop replying to me and drawing me back in, you ornery (sp?) Texan pain in the ass. Did you miss the ‘maybe, just maybe…’ part of my post?

I’m hardly storming your shining city on a hill armed with bear spray. am I? I don’t trust 47, is all. And I sure AF trust his handler even less. He‘d have certainly expected to see a return on his $280million ‘campaign contribution’, and also stop any government agency from trying to hold him to account, not least for his companies’ public safety violations.

Red is one of my favourite colours, btw. Those effing MAGAt halfwits have ruined that for me

Maddog · Go Outside

Vam wrote:
Maddog wrote:
Vam wrote:
“Are you aware of how serious our debt problem is?
Trump is wholly unsuited for the job. Unfortunately, he's our best shot because our two major parties can't nominate anyone of value and I live in a country full of people who believe they must pick the lesser of two evils..”
…………..
I sure am aware, MD. I’m also aware that 47 cranked up your national debt by $8Trillion in his first term. Now, it seems he’s trying to obliterate the debt ceiling altogether, so he can knock himself out doing whatever TF he wants.
I‘ll just add this, before stepping away today…..
Did your people really end up picking the lesser of two evils? All the alleged bomb threats on election day at the swing states‘ polling stations. Plus Musk in the run-up to election day repeatedly posting on his disinfo hub (formerly known as Twitter) that “Anything can be hacked.” All of that maybe, just maybe, could have rigged/affected the overall outcome.
But again, that’s down to the Democrats’ incompetence and failure to take a closer look, by at least calling for audits of any questionable election results.

-- Edited by Vam on Tuesday 18th of February 2025 03:47:17 PM
If you're actually aware of how serious the debt problem is, then you realize what must be done. Yes, in his first term Trump was equally as "spendy" as his successor. Which is why I've been so pleasantly surprised by his cuts. I didn't think he would follow through.

And stop with the election was stolen. That looks equally as silly on you as it does on some red hat wearing kook..
Ah ffs … stop replying to me and drawing me back in, you ornery (sp?) Texan pain in the ass. Did you miss the ‘maybe, just maybe…’ part of my post?
I’m hardly storming your shining city on a hill armed with bear spray. am I? I don’t trust 47, is all. And I sure AF trust his handler even less. He‘d have certainly expected to see a return on his $280million ‘campaign contribution’, and also stop any government agency from trying to hold him to account, not least for his companies’ public safety violations.
Red is one of my favourite colours, btw. Those effing MAGAt halfwits have ruined that for me

I don't trust 47 either.

And Elon has what we call "fuck you" money. He doesn't care if he loses some, he's more interested in using it to be disruptive.

And there is no maybe in terms of the election results. You can't understand how so many people saw the choice much differently than you amd voted the way they did, and are floating nonsensical theories about fraud.

Kamala really, really sucked that bad. So bad that a bad man beat her ass..

Syl · FIRM BUT FAIR.

Maddog wrote:
Syl wrote:
Maddog wrote:
Syl wrote:
Now it seems more than ever money is buying power, here is a glimpse of the next generation world rulers.

Nothing new..

One was a shot taken by a photographer hired to take candid shots of the Kennedy family.
The other was televised whilst Musk was speaking to the worlds press in the Oval Office.
Hardly comparable.
I don't see the big deal. It was am informal press conference in the Oval Office and Elon brought his kid to work..🤷

Well, thank God he didn't bring his other 11, that's all I can say.

Maddog · Go Outside

Syl wrote:
Maddog wrote:
Syl wrote:
Maddog wrote:
Syl wrote:
Now it seems more than ever money is buying power, here is a glimpse of the next generation world rulers.

Nothing new..

One was a shot taken by a photographer hired to take candid shots of the Kennedy family.
The other was televised whilst Musk was speaking to the worlds press in the Oval Office.
Hardly comparable.
I don't see the big deal. It was am informal press conference in the Oval Office and Elon brought his kid to work..🤷
Well, thank God he didn't bring his other 11, that's all I can say.

Other 12.

Wouldn't that be a hoot? 13 kids running around the oval office going through the desk drawers and shooting rubber bands at each other?

Syl · FIRM BUT FAIR.

Twelve so far, he doesn't acknowledge the last one as his, does he?

In any case....if you nitpick at everything your new girlfriend says like you do on here... my bet is she will be an old girlfriend soon.

Maddog · Go Outside

Syl wrote:
Twelve so far, he doesn't acknowledge the last one as his, does he?

In any case....if you nitpick at everything your new girlfriend says like you do on here... my bet is she will be an old girlfriend soon.

Nah. Being my GF has benefits..

Syl · FIRM BUT FAIR.

Maddog wrote:
Syl wrote:
Twelve so far, he doesn't acknowledge the last one as his, does he?

In any case....if you nitpick at everything your new girlfriend says like you do on here... my bet is she will be an old girlfriend soon.
Nah. Being my GF has benefits..

Well, it ain't your music.

Maddog · Go Outside

Syl wrote:
Maddog wrote:
Syl wrote:
Twelve so far, he doesn't acknowledge the last one as his, does he?

In any case....if you nitpick at everything your new girlfriend says like you do on here... my bet is she will be an old girlfriend soon.
Nah. Being my GF has benefits..
Well, it ain't your music.

She loves my music and loves seeing live music with me.

We are going to a music festival next weekend..😉

Barksdale · Getting Gobby

Barksdale wrote:
Maddog wrote:

I think Musk will end up losing money in the long run. I don't care, and more importantly I don't think he cares.

Nah, all of this aligns with his economic interests. There may be some altruistic element but I think it is very much secondary.
The focus on federal spending means less political attention on wealth inequality and how it is driving down living standards. Controlling Twitter under the guise of free speech so you can shape opinion away from Tech regulation and promote policies which benefit the billionaire class also good for him. Spending money on anti-mmigration parties so that the focus is on immigration rather than the wealthy looting Western economies is also beneficial.
I don't think people truly have any idea of the scale of Elon's wealth and for him these investments in 'saving' the West is chump change. He wants what most rich and powerful people want - more wealth and power and to leave that legacy for their children, especially if it is a boy. This is straight forward dynasty building.
Trump is no different. It is comically transparent that we wants the Trump family to be the American version of the British Royal Family. What amazes me is how many Americans seem to love it.

Thinking about my comment about dynasty building earlier and seeing that picture of Elon and his kid, it seems obvious that he has ambitions of a legacy which secures his favoured child or children's future in a way that makes the show Succession look tame.

Maddog · Go Outside

Barksdale wrote:
Barksdale wrote:
Maddog wrote:

I think Musk will end up losing money in the long run. I don't care, and more importantly I don't think he cares.

Nah, all of this aligns with his economic interests. There may be some altruistic element but I think it is very much secondary.
The focus on federal spending means less political attention on wealth inequality and how it is driving down living standards. Controlling Twitter under the guise of free speech so you can shape opinion away from Tech regulation and promote policies which benefit the billionaire class also good for him. Spending money on anti-mmigration parties so that the focus is on immigration rather than the wealthy looting Western economies is also beneficial.
I don't think people truly have any idea of the scale of Elon's wealth and for him these investments in 'saving' the West is chump change. He wants what most rich and powerful people want - more wealth and power and to leave that legacy for their children, especially if it is a boy. This is straight forward dynasty building.
Trump is no different. It is comically transparent that we wants the Trump family to be the American version of the British Royal Family. What amazes me is how many Americans seem to love it.
Thinking about my comment about dynasty building earlier and seeing that picture of Elon and his kid, it seems obvious that he has ambitions of a legacy which secures his favoured child or children's future in a way that makes the show Succession look tame.

I don't think Elon even owns a house. With the exception of his jet he has none of the trappings of the wealthy. Now Trump likes the trappings off wealth..

And the focus on the federal budget is imperative. Unlike the focus on Elon's. I don't care.hiw much he has because it's not a fixed pie.

Who do you think is being harmed when the number one expenditure (greater than defense) is now interest on our debt?? Elon, Trump or anyone else who's wealthy?

Who's getting hammered from inflation caused by reckless and irresponsible debt? Do you think this is impacting the 1 percent?

It's impacting me and I'm tired of.tje status quo of kicking our biggest problem down the road for others to deal with later..

Barksdale · Getting Gobby

Maddog wrote:
I don't think Elon even owns a house. With the exception of his jet he has none of the trappings of the wealthy. Now Trump likes the trappings off wealth..

And the focus on the federal budget is imperative. Unlike the focus on Elon's. I don't care.hiw much he has because it's not a fixed pie.

Who do you think is being harmed when the number one expenditure (greater than defense) is now interest on our debt?? Elon, Trump or anyone else who's wealthy?

Who's getting hammered from inflation caused by reckless and irresponsible debt? Do you think this is impacting the 1 percent?

It's impacting me and I'm tired of.tje status quo of kicking our biggest problem down the road for others to deal with later..

I don't disagree that bringing down federal spending (and therefore inflation) is imperative. I think you debt to GDP ratio is even worse than ours which is saying something (although you have much better growth which balances out the risk.)

Bringing down inflation and therefore increasing personal spending power is completely understandable. However, government debt isn't the only driver of poor standard of living is it? What's the use of lower prices if you ultimately cannot afford the key things in life, especially if it for your kids who suffer, for things that bring security - assets.

The idea that billionaires are fighting for things like free speech or rooting out corruption out of the pure goodness of their hearts is utterly laughable. It's fine if their interests don't ultimately conflict with an individuals. If they do conflict then individuals have to point that out and fight for their own interests. Billionaires are not going to do that for us.

Barksdale · Getting Gobby

Oh, and just one more thing about that graph showing credit card debt sky rocketing as a result of COVID.

Where did all the money from quantitative easing go as clearly it wasn't to individuals (if it had there would have been less credit card debt not more.) If it didn't go to individuals and it didn't go to the government then it went to the wealthy. As I said before it was a heist and the rich are sitting on piles of cash which was sucked out of the economy. Where will they spend that money when interest rates go down?

Maddog · Go Outside

Barksdale wrote:
Oh, and just one more thing about that graph showing credit card debt sky rocketing as a result of COVID.
Where did all the money from quantitative easing go as clearly it wasn't to individuals (if it had there would have been less credit card debt not more.) If it didn't go to individuals and it didn't go to the government then it went to the wealthy. As I said before it was a heist and the rich are sitting on piles of cash which was sucked out of the economy. Where will they spend that money when interest rates go down?

Credit Card debt was at it's lowest during Covid, so that's exactly where a lot of those stimulus checks went. Look at 2020 -2021 on that graph. Saving accounts were up, credit card balances were at their lowest levels. With half the country sitting on their asses..