backintexas2013 said:
They shouldn't be getting a loan. Our government shouldn't bail out companies just like they shouldn't bail out individuals.
backintexas2013 said:
They shouldn't be getting a loan. Our government shouldn't bail out companies just like they shouldn't bail out individuals.
geoag58 said:infinity ag said:
I want to hear from those champions of capitalism here.
Why is the Govt giving corporate entities loans? Are the banks dead?
If you cannot explain this, then stop talking about how a corporation's job is to make money for the shareholder and nothing else. Corps are sleazy and want privileges and no responsibility. Rivian should be allowed to die if they cannot figure out their strategy. I am sure 'x' % of the loan went into the pockets of the slimy execs running Rivian as "reward" for getting them the loan.
I found one defending nationalist socialist policies:
"The key point is that Corporations do not exist only for shareholders. They exist for taxpayers and nation building too. If they can get such benefits from tax payers, we can also look upon them to be good citizens and help the country out looking beyond mere dollars and cents. Long term relationship building is important, why would anyone cut any slack to selfish people who are always in for themselves instead of collective good?"
Wait, it's you!
akm91 said:
Let's not forget, this loan is to help Rivian build the plant that was announced in 2021!!!!!!!!!
Geminiv said:ReturnOfTheAg said:RafterAg223 said:
Are you really a true industry rival when it's basically a coin flip on whether you'll still be operating in the next 18 months?
Regardless, I don't think DOGE was created to go after competitors of Tesla.
It was made to audit the government, trim fat and reduce the deficit by eliminating inefficiencies.
It's one thing if Tesla/Musk appealed for someone to look into the loan. It's another to use HIS new government entity to outright challenge it.
This just seems straight up corrupt.
Are you attempting to associate Donald Trump with corrupt business practices?
ReturnOfTheAg said:captkirk said:He's challenging the Biden DOEReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
Regarding an industry rival.
There are far, far more important things to tackle. This seems extremely self-serving use of DOGE. No matter how you shake it.
Shoefly! said:ReturnOfTheAg said:captkirk said:He's challenging the Biden DOEReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
Regarding an industry rival.
There are far, far more important things to tackle. This seems extremely self-serving use of DOGE. No matter how you shake it.
Good Lord, like the last 4 years haven't been self serving? Get the hell out of here Troll!
ReturnOfTheAg said:Shoefly! said:ReturnOfTheAg said:captkirk said:He's challenging the Biden DOEReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
Regarding an industry rival.
There are far, far more important things to tackle. This seems extremely self-serving use of DOGE. No matter how you shake it.
Good Lord, like the last 4 years haven't been self serving? Get the hell out of here Troll!
Not sure what you're so worked up about.
I couldn't care less about the optics of 'who' is doing the review - all I care is that it's done, and reversed if possible. This is just the latest Solyndra. I want them cutting with a machete - as fast as humanly possible.Quote:
Regarding an industry rival.
There are far, far more important things to tackle. This seems extremely self-serving use of DOGE. No matter how you shake it.
ReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
ReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
All he has to do is recuse himself from that decision and allow Vivek and others to do the right thing.Bob Knights Paper Hands said:ReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
He can submit advice but has no official authority to make decisions. So if Elon DID decide to use his position as a friend of the administration for his benefit and against the benefit of taxpayers, he would be doing the same thing that RIVIAN and Biden administration just did. So worst case he ends up being on par with actions of the Democrats.
An industry rival makes no difference unless there are made up charges like the dems have done with Trump. Then it is abusive. As far as more important things to tackle, Google "multi-tasking." It isn't as if they can do only one thing at a time.ReturnOfTheAg said:captkirk said:He's challenging the Biden DOEReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
Regarding an industry rival.
There are far, far more important things to tackle. This seems extremely self-serving use of DOGE. No matter how you shake it.
How did Rivian start it?AggieVictor10 said:ReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
They started it.
How did Rivian's CEO use Biden to go after Tesla?Bob Knights Paper Hands said:ReturnOfTheAg said:
It seems highly controversial that Elon can challenge an industry rival through a government entity.
He can submit advice but has no official authority to make decisions. So if Elon DID decide to use his position as a friend of the administration for his benefit and against the benefit of taxpayers, he would be doing the same thing that RIVIAN and Biden administration just did. So worst case he ends up being on par with actions of the Democrats.
Bayou City said:
Terrible first step and optics. We don't need this **** right from the start. Talk about making it easy for the media to wrote a narrativa that suites them… Not saying it shouldnt be looked at but this just stinks of BS any way you slice it regardless of political affiliation.
Jeeper79 said:
Meh… state, local and federal governments have been giving money to private companies for this sort of thing since the beginning of time. Free land, tax exemptions, etc. You can argue whether or not they shortest as a blanket, but I don't see how you can single one out and this is the one that is disallowed.
infinity ag said:Jeeper79 said:
Meh… state, local and federal governments have been giving money to private companies for this sort of thing since the beginning of time. Free land, tax exemptions, etc. You can argue whether or not they shortest as a blanket, but I don't see how you can single one out and this is the one that is disallowed.
Exactly. So no one should ever say "companies exist to maximize for shareholder value and can do whatever they want". Companies beg tax payers for money when they want and get it. So they have a responsibility to society, not just shareholders. That is my point.
Companies cannot be hypocritical. On one side say they care about only shareholders and not the community they exist in and threaten and blackmail to get the best deal. Then when things go south, they get on their knees and beg for bailouts and loans from the same community (taxpayer).
Quote:
"When Elon Musk came to the White House asking me for help on all of his many subsidized projects, whether it's electric cars that don't drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he'd be worthless, and telling me how he was a big Trump fan and Republican, I could have said, 'drop to your knees and beg,' and he would have done it," the 45th commander-in-chief claimed.
Terrible take. Claiming freebies IS maximizing shareholder value. Government/municipalities do it because it boosts employment. It's a win/win.infinity ag said:Jeeper79 said:
Meh… state, local and federal governments have been giving money to private companies for this sort of thing since the beginning of time. Free land, tax exemptions, etc. You can argue whether or not they shortest as a blanket, but I don't see how you can single one out and this is the one that is disallowed.
Exactly. So no one should ever say "companies exist to maximize for shareholder value and can do whatever they want". Companies beg tax payers for money when they want and get it. So they have a responsibility to society, not just shareholders. That is my point.
Companies cannot be hypocritical. On one side say they care about only shareholders and not the community they exist in and threaten and blackmail to get the best deal. Then when things go south, they get on their knees and beg for bailouts and loans from the same community (taxpayer).
Height of hypocrisy and convoluted logic. How old are you?Jeeper79 said:Terrible take. Claiming freebies IS maximizing shareholder value. Government/municipalities do it because it boosts employment. It's a win/win.infinity ag said:Jeeper79 said:
Meh… state, local and federal governments have been giving money to private companies for this sort of thing since the beginning of time. Free land, tax exemptions, etc. You can argue whether or not they shortest as a blanket, but I don't see how you can single one out and this is the one that is disallowed.
Exactly. So no one should ever say "companies exist to maximize for shareholder value and can do whatever they want". Companies beg tax payers for money when they want and get it. So they have a responsibility to society, not just shareholders. That is my point.
Companies cannot be hypocritical. On one side say they care about only shareholders and not the community they exist in and threaten and blackmail to get the best deal. Then when things go south, they get on their knees and beg for bailouts and loans from the same community (taxpayer).
You sound like a millennial redditor.
Ed Harley said:
Elon loves himself some government tit. He can't let someone else get some, too.
WestAustinAg said:Ed Harley said:
Elon loves himself some government tit. He can't let someone else get some, too.
He has called for the elimination of tax reimbursements for all cars. And he never needed them though they went to customers back when the govt liked him.
For commercial contracts? Or subsidies?Ed Harley said:WestAustinAg said:Ed Harley said:
Elon loves himself some government tit. He can't let someone else get some, too.
He has called for the elimination of tax reimbursements for all cars. And he never needed them though they went to customers back when the govt liked him.
How much does SpaceX get?
I'm pretty sure they don't sell cars.Ed Harley said:WestAustinAg said:Ed Harley said:
Elon loves himself some government tit. He can't let someone else get some, too.
He has called for the elimination of tax reimbursements for all cars. And he never needed them though they went to customers back when the govt liked him.
How much does SpaceX get?