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Yeah, we're going to need a source for that.
http://www.sbia.org/?page=sbic_program_history

"Since its beginning in 1958, the SBIC program has provided $73.3 billion of long-term debt and equity capital to more than 118,000 small U.S. companies, with $5.46 billion invested in 1,085 small U.S. companies in FY 2014 alone. Many well-known U.S. companies received early financing from SBICs, including Intel, Apple Computer, Callaway Golf, Whole Foods Market, Staples, Quiznos, Federal Express, Outback Steakhouse, Costco, and Build-A-Bear Workshop."
 
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We can't continue polluting like we are, and not giving a damn about what our chemicals are doing to the world.
With all respect, this is not personal, but please understand that you are parroting the UN/Agenda 21 bullshaite that is designed to have you psychologically take responsibility for the consequences of a very very small global elite's crusade to rape the planet for their own psychotic motives.

Not only that, it is required (at gun point) that you surrender your fundamental individual human rights on the behalf of a non-existent human collective (WE) that doesn't exist and whose interests are defined by the same power mad elite. The concept of WE is used to make US slaves to the system designed by the military-industrial-congressional-complex.

During the last century numerous alternatives for clean power have been developed and some even patented, Tesla was one of the first to do so. What happened to him? He was destroyed when his inventions started to become a threat to the greedy psychopaths power and cash flow. The same has happened to numerous others.

The elite ruling you have no other interest than power and control, real clean energy is not something they are interested in since it would bring freedom and independence to the slaves at the bottom of their power structure.

So, to sum up, you are being massively played.
 
With all respect, this is not personal, but please understand that you are parroting the UN/Agenda 21 bullshaite that is designed to have you psychologically take responsibility for the consequences of a very very small global elite's crusade to rape the planet for their own psychotic motives.

Agenda 21? Agenda 21? Really?

Has MacRumors been taken over my WingNutDaily? People that can't hold a coherent thought subscribe to the wild eyed paranoid fantasies of that, and the other genre publications... (Rense.com?)

I applaud ANY corporation that takes a role in helping this species from killing itself. More power to those that 'Think Different'. But not the ones that think really different...
 
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Is this the going trend these days ? Make a nasty statement and then backtrack the very next day ?

Sorkin..Musk... I wonder who is next in Line :D
I think he made an uncharacteristically harsh statement. My impression was that he was expressing his lack of concern over losing some talent to Apple. Now he is trying to moderate that. Sometimes I say stuff that is not exactly what I mean.
 
I think he made an uncharacteristically harsh statement. My impression was that he was expressing his lack of concern over losing some talent to Apple. Now he is trying to moderate that. Sometimes I say stuff that is not exactly what I mean.

I think he didn't expect it to get the mileage that it got...
 
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Where did the money come from to save GM? It wasn't free. There's opportunity cost to it. Who's to say that a private company wouldn't have bought GM and tried to fix what was wrong with it. Hey, isn't that what happened to Chrysler??

I'm to say that. There was no money for anything - it was a liquidity crisis. No one had enough cash to cover their debt and the banks seized up. That means people couldn't borrow to buy cars. And companies couldn't borrow to buy GM.

Where did the money come from? Well the gov't issued more cash, so the money came from a small devaluation of the dollar, which is better than total economic collapse and a worthless dollar... So, ya, all things considered I'm pretty good with all this government intervention. Frankly, we'ed be better off with more - they should have prosecuted the criminal bankers.
 
I'm to say that. There was no money for anything - it was a liquidity crisis. No one had enough cash to cover their debt and the banks seized up. That means people couldn't borrow to buy cars. And companies couldn't borrow to buy GM.

Where did the money come from? Well the gov't issued more cash, so the money came from a small devaluation of the dollar, which is better than total economic collapse and a worthless dollar... So, ya, all things considered I'm pretty good with all this government intervention. Frankly, we'ed be better off with more - they should have prosecuted the criminal bankers.

Let's take a look at your logic. Since the bailouts of GM and the banks, the government (really the Fed) has printed $4T in 7 years. Because now there is a moral hazard to saving the entire stock market.

You have seen some devaluation in the dollar but the inflation has been primarily in housing, commodities, and stocks. Who owns these assets? The 1% do. Because they got the new money first.

What happens to the 99%? They have to deal with higher rents because of real estate going higher. They have to do deal with higher food prices because commodities go higher and their purchasing power goes down because they can't beat inflation because they don't own stocks.

After seven years of this policy, we now have greater inequality than we did before. That is the result of this misguided policy.

And after all is said and done, people complain about the the rich getting richer not realizing it was their support of these bailouts that are the true cause in the first place.
 
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Can you explain which subsidies Tesla is receiving in comparison to other manufacturers?

My point isn't that he's receiving subsidies that others aren't. My point is none of his products have turned a profit and the only thing keeping his company afloat (and him rich) are our tax dollars.
 
My point isn't that he's receiving subsidies that others aren't. My point is none of his products have turned a profit and the only thing keeping his company afloat (and him rich) are our tax dollars.
The $7500 rebate doesn't go to Tesla. It goes to the car buyer. The ZEV credits come from other car manufacturers. Every car manufacturer is eligible for both of these.

Please tell me what comes from the government or taxpayers? The only thing is the the original DOE loan which was paid off years ago.

Stop with the talking points and point to some facts.

As for turning a profit, Tesla is profitable today if they stopped expanding to build the Model 3. Every stock analyst has said so much.
 
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Let's take a look at your logic. Since the bailouts of GM and the banks, the government (really the Fed) has printed $4T in 7 years. Because now there is a moral hazard to saving the entire stock market.

You have seen some devaluation in the dollar but the inflation has been primarily in housing, commodities, and stocks. Who owns these assets? The 1% do. Because they got the new money first.

What happens to the 99%? They have to deal with higher rents because of real estate going higher. They have to do deal with higher food prices because commodities go higher and their purchasing power goes down because they can't beat inflation because they don't own stocks.

After seven years of this policy, we now have greater inequality than we did before. That is the result of this misguided policy.

And after all is said and done, people complain about the the rich getting richer not realizing it was their support of these bailouts that are the true cause in the first place.

The bailout wasn't a policy. And people didn't support it. And the moral hazard has been there for a long time.

More or less everything else I agree. That said, that a small, leading edge green US tech company took a little bit of the bailout money, vs. all the crap that supports big oil, the big three, and the stupid 10% (not one percent) buying german luxury vehicles literally by the boatload, ... you know... maybe you should look at the bigger picture...
 
The general public has an extremely short memory. In some cases it doesn't matter anyway because they either don't care or don't make the effort to watch where their money as taxpayers is going.

Elon Musk is a charismatic guy, not too much unlike the late Steve Jobs. And like Jobs, he's very convincing.

But _unlike_ Jobs, he's been operating on our money. He's got the head golfer charmed in a similar fashion to the Solyndra Co. boys, who burned through well over $535 Million USD, then crashed and burned.

Not to be discouraged Golfer Boy loves these save the world fantasy projects... headed by guys who are charmers.

The ego and attitude of Elon Musk is further bolstered by the obscenely huge amount of $4.9 BILLION USD in Government Money initially slipped under the radar by the Great Storyteller, Golfer, and Head Apologist.

Ah yes, it's great to be a slick silver tongued operator when you have the right people conned. :eek:



https://www.washingtonpost.com/politics/specialreports/solyndra-scandal/

http://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html
 
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