Strabo

3.5K posts

Strabo

Strabo

@strabo_the_wise

Behind every great fortune lies a great crime

Katılım Ocak 2021
2.5K Takip Edilen121 Takipçiler
Strabo
Strabo@strabo_the_wise·
@BenMulroney Are you seriously using your kid in a Twitter dispute with some random guy? That’s almost as bad your mean girl wife using your sons to repair her reputation after it came out she was a racist
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Michelle Rempel Garner
Michelle Rempel Garner@MichelleRempel·
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Eric Lombardi (EricForOLP.ca) 🇨🇦🚀@EricDLombardi

This pathetic attitude is among the worst things about our political culture in Canada and I cannot reject it enough. It gets cloaked in the language of progressivism but it is deeply cynical, ugly, and regressive. Story time! Growing up, I was hugely inspired by RIM (BlackBerry). It was one of the reasons why I wanted to go to Waterloo. I thought it was so cool one of the most innovative companies on earth was an hour away from home. In fact, my program, Nanotechnology Engineering, was able to exist in part due to the philanthropy of Mike Lazaridis, who funded the Institute of Quantum Computing and Nanotechnology (along with the Perimeter Institute for theoretical physics, which is a brilliant asset for the province and country). Balsillie, for his part, has spent tens of not hundreds of millions of his personal wealth on advocacy and institutions to make Canada a better place. But he too was castigated in our media. Through high school, I saw how Canadas media took an axe to RIM founders (Mike and Jim), and basically cheered on the decline of the business against competition from Apple and Google. It was a complete disgrace. Well, in 2013 I got my second co-op job there, just as they rolled out BB10 (the QNX operating system). 6 weeks into my co-op, my entire department was laid off (Modems/Semiconductors). Nearly every one of my colleagues ended up moving to the US. Some of the most capable talent on earth, poached in weeks. It was loss that was absolutely devastating to witness. I have no doubt people like Bruce cheered on the spectacle, just like he would cheer the downfall of Shopify if it were to ever happen; despite the champion it’s been for the country, the thousands of good jobs it’s created, and all the spin-off businesses that have created huge wealth for Ontario. Well let me be clear that I will have none of this nonsense.

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Strabo
Strabo@strabo_the_wise·
@DahliaKurtz Isn’t that a Danielle Smith problem?
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David Staples
David Staples@DavidStaplesYEG·
If you give $1 billion to either Elon Musk or Mark Carney to invest, who will have more money in 10 years? A degrowth political leader like Carney will squander it on Net Zero white elephants and DEI pandering. He'll go broke. @elonmusk will invent something amazing for us all. He'll earn another trillion
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David Knight Legg
David Knight Legg@KnightLegg·
Globe & Mail reporter Chris Gay told Canadian readers ‘how to properly hate’ @elonmusk for becoming a trillionaire via SpaceX. Here’s an idea: - Maybe Mr Gay could explain to readers why Canadas fed govt lost $50bn betting against Tesla on EVs - and is in the process of losing billions more backing no-launch capacity Telesat to compete with StarLink - SpaceX. Our federal govt is lighting on fire billions we don’t have betting against a guy changing the lives of millions with reusable rockets, global internet, EVs, nueralink, boring company etc. Capitalism creates wealth as markets embrace life-improving goods and services. Which is why our teachers will get an $11bn windfall via their pension betting with Musk. Socialism destroys it through the politics of envy and statist central planning and loss-making ‘investments’ which is why this federal govt is so awful at capital allocation. @globeandmail - pls tell the whole story.
David Knight Legg tweet mediaDavid Knight Legg tweet mediaDavid Knight Legg tweet mediaDavid Knight Legg tweet media
David Knight Legg@KnightLegg

So cool. What a ridiculously cool adventure - creating something the world needs - and sticking to it when rockets failed and contracts fell apart. And then, finally, taking it public and making tens of thousands of people wealthy beyond their wildest dreams. Here’s to Elon Musk and the extraordinary world-changing SpaceX has become - and here’s to the windfall wealth of everyone who believed in and built it every step of the way.

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Jonathan Kay
Jonathan Kay@jonkay·
This is what happens when all the adults go up to the cottage for the long weekend, and there leave the keys to the @globeandmail social media account with the 22 year old social justice intern
Andres@Daedalus6

@globeandmail Still there. Delete your disgraceful post.

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Mouin Rabbani
Mouin Rabbani@MouinRabbani·
I have always had a very low opinion of Bill Clinton, and over the years that opinion has only gotten lower. Very much lower. The above notwithstanding, Clinton was clearly a highly intelligent individual and politician. He also had the ability and confidence to surround himself with intelligent and capable officials. Among these, arguably the most intelligent and decent of the lot was @RBReich , Clinton’s Secretary of Labor during his first term. In the article below he brilliantly dissects the “magic trick, out of thin air … built on self-dealing” that is the SpaceX IPO. theguardian.com/commentisfree/…
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Not a Good Jewish Girl✡️
Not a Good Jewish Girl✡️@estherzelda0514·
It's quite funny that this dude's historic wealth might be the most persuasive blackpilling possible on capitalism, and yet the socialist warriors do not take advantage of the opportunity. Let me explain. His wealth is fundamentally disconnected from personal merit or direct labor. He is the CEO of three companies and in the C-suite at many others. There is simply no possibility whatsoever that he works the hours expected of such positions and that the little personal labor he dedicates to them represents the the incredible wealth he has extracted from them. Moreover, there are several, well-documented claims from insiders that they have to handle or buffer his erratic behavior, and that the executives that actually do the work are relieved when he gets hyperfocused on another company and leaves them alone. What work he does when he is hyperfocused consists mostly, according to insiders, as extreme micromanagement. He self-describes himself as a "nano-manager," and his official biographer talks about his hyper-critical "demon mode." There is a pretty reasonable argument to be made that his presence harms these companies, rather than helps them. This is only boosted by how many expensive, high-profile lawsuits his companies have been embroiled in by his public remarks, nonstop posting, and refusal to abide by financial disclosure deadlines. How he treats his employees and unilaterally fires people without cause also causes employment lawsuits. Substantively, his companies also benefit from him lying to the market to cause speculation and government subsidies won by quid pro quo behavior that would have, in better times, been considered criminal. Musk causes Tesla and SpaceX to consistently lie about its products, and he is never punished enough to offset the personal benefit he gets from the market or subsidies by such lying. His wealth is an illusion driven by retail investor enthusiasm based on these lies, market expectations based on his lies and the fact that he has yet to seriously pay for lying, and pay packages approved by boards stacked with flunkies that cannot articulate how he can possibly do enough work as the CEO of three companies and executive of half a dozen others to justify his intensely bloated pay packages. He receives that pay even when his companies are not profitable, which has led to constant shareholder lawsuits. If there was a poster boy of American Capitalism, it is him. He represents everything wrong with the reality of how the system works, and how lying and anticompetitive behavior is not adequately curbed.
DiscussingFilm@DiscussingFilm

Elon Musk has become the first trillionaire in history.

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Laura Loomer
Laura Loomer@LauraLoomer·
This week, I witnessed Secretary of War Pete Hegseth @PeteHegseth at CENTCOM rally our military leaders for strikes against Iran, and I saw first hand how our forces are incredibly eager to neutralize hostile threats from Iran for President Trump @realDonaldTrump and for the safety of the American people. Weak isolationists like Joe Kent @joekent16jan19 love spreading lies claiming troop morale is low, but our soldiers actually have exceptionally high morale and are fully prepared to execute the President Trump's orders. People are understandably scared of war, but war is preferable to letting millions of Americans die in the future as a result of attacks by the Islamic regime of Iran. Failing to subdue these genocidal Islamic terrorists immediately guarantees a nuclear holocaust that will destroy the civilized Western world…which is every jihadi’s wet dream.
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Laura Loomer
Laura Loomer@LauraLoomer·
Democrats: “Vote for the guy with the Nazi tattoo to stop the guy who is making rockets and taking us to Mars who we accused of doing a Nazi salute, because we need to stop Fascism.” @elonmusk
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Michelle Rempel Garner
Michelle Rempel Garner@MichelleRempel·
I wonder why @elonmusk, who is Canadian, decided not to build his civilization-changing, historic-levels-of-wealth-creating companies in Canada? It will remain a mystery.
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Strabo
Strabo@strabo_the_wise·
@jonkay Let’s ask Elon’s Grok for it’s opinion
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Strabo
Strabo@strabo_the_wise·
@KirkLubimov Well, Elon’s AI Grok certainly understands you Kirk
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Kirk Lubimov
Kirk Lubimov@KirkLubimov·
America: we have a record breaking IPO that created hundreds of millionaires and pioneering a new trillion dollar industry. Canada: here is how to hate success and entrepreneurs. 😮‍💨
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Strabo
Strabo@strabo_the_wise·
@harleyf It’s a philosophical question, I suppose. Does Musk’s absolute trash behaviour, including for example calling the guy who saved those kids from a Thai cave a pedophile, justify hating him in spite of his business success?
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Harley Finkelstein
Harley Finkelstein@harleyf·
You don’t have to love Elon Musk to recognize what this headline says about us. A country that spends more time criticizing wealth creation than encouraging it sends a clear message to builders: your success is tolerated, not celebrated. Canada should be the best place in the world to build ambitious companies. Headlines like this make us look like we’re not quite ready for that.
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Strabo
Strabo@strabo_the_wise·
@jkenney Can I hate Musk because he called that guy who rescued those kids trapped in a Thai cave a pedophile? Or would that also be “Marxist”?
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Jason Kenney 🇨🇦🇺🇦🇮🇱
This reads like a screed by a Marxist undergrad in a campus paper. There is no way the editors of the Globe thought it was a meritorious piece. Was it run because the “eat the rich” tag line would max engagement? Is the Globe now trolling us with clickbait? Or do the Globe’s editors also want to incite hatred of their massively wealthy proprietors?
The Globe and Mail@globeandmail

Opinion: SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him theglobeandmail.com/business/comme…

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