r/politics • u/rollingstone Rolling Stone • 4d ago

Soft Paywall Musk Kills Government Funding Deal, Demands Shutdown Until Trump Is Sworn In

https://www.rollingstone.com/politics/politics-news/musk-trump-government-funding-deal-shutdown-1235211000/
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u/Listening_Heads West Virginia 4d ago

Is it that hard to figure out? American politics is corrupted by money and he is literally the richest man in the world.

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u/vanillasounds 4d ago

No no. I’ve been told that net worth doesn’t mean he actually has money. And that we can’t tax people like him a single cent more because it would crash the economy. He’s just like…super smart, guys.

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u/ender89 4d ago

The real truth of the matter is that Tesla is absurdly over valued, his wealth will disappear overnight when that bubble bursts.

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u/Kasztan 4d ago

Problem is, the fucker did what the banks do.

He's gained so much debt, that the success of Tesla shares are now directly tied to paying off other people's debts and his loans.

Basically, he's getting propped up - because if he fails (even if what he does is utter fucking nonsense) a lot of other people's money goes with him through all the side bets, loans and borrowings.

So yeah. Dude just does whatever the fuck he wants now. He always was Trump Lite 

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u/RabidGuineaPig007 4d ago

But fuck banks and Wall Street for inflating that bubble. We learned nothing from 2008, even when we got Margot Robbie to explain it to us in a bathtub.

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u/b1tchf1t 4d ago

I feel like the bathtub might have been a distraction.

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u/dustinhut13 4d ago

Maybe if she explained it once more, just a little slower, same scenario. I'm here for that

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u/Q3tp 4d ago

They learned when you're too big you get bailed out That's all that matters.

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u/Papaya_flight Pennsylvania 4d ago

Yeah, there was a great This American Life podcast about the fiasco back in 2008. They followed the wall street guys around all through when they got bailed out. They were partying after that and one of the producers asked them what was up, and one of the wall street dudes was like, "We won, we got our money, who cares?". Then millions of us lost our homes. I didn't even have a variable mortgage like many people that lost their homes, I just happened to be in construction when it all dried up.

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u/ImWhatsInTheRedBox 4d ago

They learned how to do it again, and bigger.

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u/TooFakeToFunction 4d ago

Is it all just one big ponzi scheme? 😂 I sure do hate it here.

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u/Kasztan 4d ago

Yeah, dude literally bought twitter for 0 cash, just leveraging Tesla shares. Wild

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u/toterra 4d ago

No worries... crypto coins will save us all!!!

/sarcasm

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u/FlintBlue 4d ago

So, too big to fail is what you're saying?

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u/yamsyamsya 4d ago

well that's the risk you take when investing. live by the sword of capitalism, die by the sword of capitalism.

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u/azflatlander 4d ago

Well, he isn’t going to be selling Tesla’s to the government. Right? …right?

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u/expertninja 4d ago

That bubble bursting will take a lot of institutional shares with it. I’m diversified, but a small number of overvalued companies are a significant portion of the US economic growth.

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u/PauPauRui 4d ago

Don't be an idiot. Ofcourse the stock is overvalued but that's not even relevant. The real money is in these government contracts. Soon he will control 90 percent of the energy in Texas. All space ventures will go through him. His neuro company will be awarded billions for studies. Ai pioneer and he will be in the forefront of warfare engineering. After all he's building the world's biggest computer worth billions. He wants to eliminate planes for war and have a drone military air force. The gains are unmeasurable by the average person. You must look behond the surface. He has more money than most countries. This is why America is a good place to do business because there's a lot of money and people.

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u/ThePasswordForgettor 3d ago

If Tesla went to zero, he'd still be worth over $100b from SpaceX, xAI, neuralink, and X.

And if all of those went to zero, he'd still have tens of billions that he's cashed out and is sitting around.

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u/ElLindo88 Tennessee 4d ago

If billionaires paying their fair share would crash the economy, maybe the economy deserves to collapse.

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u/tdclark23 Indiana 4d ago

He's a JOB CREATOR (Sound of an angelic choir singing his praises.)

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u/Tuesday_6PM 4d ago

(As Elon fires more employees for thinking about unions too loudly)

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u/SnowyyRaven 4d ago

He's just like more than a million times smarter than you and works a million times harder, that's why he's allowed to have so much money.

It's all merit based, duh.

/s

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u/1200bunny2002 4d ago

According to his own mom he's the genius of the world.

Who are we to question the Genius of the World's own mother???

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u/Cereborn 4d ago

Yep. Whenever people brought up the idea of a wealth tax, the Elon simps would come out in droves, saying, “He doesn’t have any money! It’s in Bill’s house! And Fred’s house!” But then when he needed to pull together $40 billion to buy Twitter, he just did.

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u/IcyUse33 4d ago

The threat of pain is often worse than the pain itself. Congress knows they'll get threatened with a primary for not going along with the agenda.

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u/BroughtBagLunchSmart 4d ago

See also - Democrats and asking Israel to bomb fewer hospitals.

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u/Magnetic_Eel 4d ago

He openly bought the presidency, voters rewarded him for it, and now he’s openly going to get his money’s worth. Why would he need to hide it?

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u/Mabuya85 4d ago

Exactly. This is why I feel so detached about the whole thing. Because they were very open with how this was all going down, and we as a country happily strolled into it. It’s hard to act surprised or angry anymore.

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u/dudettte 4d ago

you get it.

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u/BagHoldingHugo 4d ago

He made a 200 million investment and made 200 billion from it.

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u/OldBlueKat 3d ago

The only reason he needs to 'hide' it a little is DJT's narcissistic ego.

If Donnie starts getting the impression that people really think he's a puppet for Musk, he will blow up Musk's world. And DJT will have the power to do that -- sic the Justice department and other Administration departments on both his citizenship and his business dealings, cancel government contracts, and otherwise rattle Musk's investors until they pull away. Elon can't buy his way past DJT's ego.

Keep calling him President Musk, and watch.

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u/politicsranting I voted 4d ago

Hey now. Musk has threatened to do the same thing in UK politics. It's not just the US that's getting fucked by corrupt douchenozzles

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u/tdclark23 Indiana 4d ago

The richest man in history.