Luke Saffrett
695 posts


@ChrisEsplin He's been right about everything else so far (such as Elon still not selling unsupervised FSD in customer vehicles ten years after he promised it'd be available). Everything Elon promises evaporates.
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@FrakMAGA2022 @keith_dorschner @wholemars If you look at the state of your military who would agree with the increase. Everything was due to be replaced decades ago.
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Congress creates the budget and authorizes the spending. The President has to sign the bill to approve it. The Executive branch is just as far in as Congress. Not to mention, before Congress even begins budget deliberations, the President must submit an annual budget request.
So riddle me this. Trump wants to increse the Pentagon budget by 50%, boosting it another $500 billion. If Congress does that, do you still think the executive branch isn't responsible?
Maybe take some time off the Internet and do better research before you make a fool out of yourself again.
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“We should take people’s money to solve homelessness / end hunger / provide free health care”
Alright. Why don’t you go do that? Pass the program, run up the deficit a little. You already spent $1.75 trillion more than you brought in last year. Feel free to spend a little more to solve all our problems.
Then, after we see how great these programs are, we can figure out how to raise tax revenue to keep them alive. If they’re really that great and solve all our problems, then sure. Let’s tax the rich. That would be worth it.
But the reality is you have no plan to solve any of these problems, even given endless money. Any additional tax revenue raised will go straight down the hole. You’ve already spent it. You’ve spent $1.75 trillion more than you brought in. And we’ve all seen how little it has done for us.
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@LawrenceWa2899 @SoNowUknow2 Yo pay tax on income not wealth. He only pays tax when he sells shares
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@LSaffrett @SoNowUknow2 He has a trillion. He paid 11 billion. 11/1000...
Or 1.1 /100...1 percent.
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@Nomadicvalue @Dad_Presents @LSaffrett Elon is a trust fund baby.
He had daddies money to start this.
So get me funding and watch.
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This whole Elon “trillionaire” conversation is depressing because it reveals how economically illiterate we are.
A $1 trillion net worth does not mean Elon walked into a village, stole everyone’s bread, and locked it in a vault.
In fact, he probably consumes fewer real-world resources than the average Hollywood climate activist screaming about him from a private jet-adjacent lifestyle.
Elon built things people voluntarily use, and invested in companies that created massive value to billions of people.
The collective quality of life of society has been elevated by this man’s work.
He didn’t get handed a trillion dollars and start hoarding all the food, houses, and medicine.
Elon is a contributor. Not a taker.
Probably the biggest one alive.
Which is why he’s worth $1 trillion and the people who don’t understand that are still yelling “fair share” into their iPhones.
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@BenGunnEx @robertgraham No im say that they are still needed and will be used for years until they finally die and get deorbited. Not everything needs the latest chip
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@LSaffrett @robertgraham Sorry, are you going to claim that AI datacentres in orbit with old chips will perform as well as new chips in ground centres???
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It's you leftists who are to blame.
Over a $1 trillion of SpaceX valuation comes from a future "orbital data-center" business.
That business is only viable because of the political opposition to terrestrial data-centers.
The more you oppose data-centers, the more you repeat misinformation about tax-breaks and water, the richer you make @ElonMusk (pbuh).
unusual_whales@unusual_whales
BREAKING: Elon Musk is now worth more than the next five richest billionaires in the world combined
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@TCentrist39096 @SoNowUknow2 What wasted funds. Musk is literally the most productive person in history. The more capital he controls the better the world gets. If anything we should be all throwing money at him to build a better future
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@SoNowUknow2 Silly argument. Socialism is not about creating absolute parity. It's about establishing a point at which further hoarding of wealth is pointless - & putting to use those wasted funds.
Great wealth alongside poverty = problem.
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@SoNowUknow2 Because the money in his bank account IS mine!
His tax burden is negligible. Mine is 20%
If HE paid his due, my net tax burden reduces. He doesn't. I have to make up the shortfall, that I should be able to keep. Therefore the money in his a account is what he defrauded from me.
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@DEWNature1999 @itsrosesm Do you know how many new technologies musks companies have developed. Fuck you people are stupid
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@itsrosesm It’s because he’s selfish, he has enough money to make so many lives better, he could end world hunger if he wanted to, fund scientific research, but instead he hoards the money to himself instead of helping society. I hate him for the same reason I hate other billionaires.
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@Jancarman62 @itsrosesm The crazy part is he was on their side so was trump till the started targeting them.
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@itsrosesm They hate him because he’s not on their side. If he hated Trump they would love him.
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@addos @wholemars When you want to build shit on a scale the world has never seen before it takes a lot of capital
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@wholemars for somebody who keeps making the claim that money will be useless, he sure seems to be hyper focused on making more and more of it.
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they’re struggling to pay for groceries and gas because of your policies. haven’t you noticed that as soon as you cross any state border gas gets cheaper?
Elon isn’t making gas expensive. He built a car that doesn’t need gas. And tbh the SpaceX IPO has done more to pay Americans bills than any of your policies Governor.
Gavin Newsom@GavinNewsom
Americans are struggling to pay for groceries and gas while Elon Musk becomes a TRILLIONAIRE. When the federal government is for sale, the rich get richer and everyone else gets shafted. The system is rigged.
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@sinnersoviet3 @JayLockeriusII @IsaacBotkin They could go work for musk and not be homeless or go hungry. Being poor is your own fault. Nothing to do with musk.
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@JayLockeriusII @IsaacBotkin Oh wow 4.400 millionaires, how many people go hungry in your country again. And how many are homeless
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Elon Must has a trillion dollars, and that is deeply unfair. If we could just be allowed to take his money, ruin his factories, melt his rockets down for scrap, burn his cars for heat, and force his hundreds of thousands of employees out onto the streets, humanity could finally rise to new heights of utopic equality and the world would become a workers paradise.
Sincerely, the Communists.
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@CovertQOS @IsaacBotkin The only idiots that are negatively effected by musk being a trillionaire are the ones that shorted his companies.
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@IsaacBotkin The argument is not that billionaires are taking a life-changing amount of money from people. The argument is that billionaires use their wealth to corrupt governments and tilt markets in their favor, which negatively impacts the rest of us.
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@defpac76381 @robertgraham There is already orbital data centres operating in orbit.
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@BenGunnEx @robertgraham There no such thing as outdated. They just get used for less demanding tasks. The world needs every bit of compute it can get its hands on. When the power is free it doesn't matter if its a little less power efficient.
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@robertgraham You think orbital data centres are viable.
Their CPUs are outdated in 3 yrs.
Do tell us how any of this is viable.
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@DaveGilfeather @robertgraham Many scientists might need to find new careers if they think spacex is wrong. What would the company with the biggest data centres in the world and the 10,000 satellites know.
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@robertgraham I don’t think that’s it, many scientists have already stated his plans won’t work. I honestly believe it’s people are just buying the hype and this is gonna be another rug pull by Elon and his buddies
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@TazSims11 @Dad_Presents How dumb do you need to be to think musk isn't brilliant. The guy the best engineers in the world call to help sove problems they can't fix is definitely an idiot. All those engineers are definitely wrong about his genius. Random guy on x is probably right
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@JohnOfOrion @Naropa88 @DigitalSamIAm The tiny amount the government has spent on musks empire is the greatest investment the government has ever made. Its the best thing to happen to the country in a century. Hes bringing back mass manufacturing to the country on a scale that hasn't happened since WWII
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@Naropa88 @DigitalSamIAm Many big companies but not all. This is the waste, fraud, and abuse the conservatives are always going on about.
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Can we debunk this nonsense?
Elon Musk was awarded (note: not given) cost-per-result contracts to perform a service for the US government. The total of those for SpaceX specifically is ~$22B, which includes repaid loans, state tax incentives, etc.
The deal was simple: put stuff into LEO at or below a set cost. If SpaceX does it below the set cost, SpaceX keeps the difference. If it doesn’t, the company is responsible for the overrun.
End result? SpaceX & Elon lowered the cost of getting 1 kg into LEO by 95-97% vs what NASA was paying previously.
And for the record, every other company around at the time was offered the same opportunity to bid on the contract - Musk/SpaceX just took it.
The handout narrative implies the taxpayer is the patron and SpaceX the dependent. The cost data shows the opposite: before SpaceX, NASA paid Russia’s Soyuz $80-86M per seat; SpaceX delivered at ~$55 million. SpaceX saved the US taxpayer $300M-$465M each year on that alone (the US sends 12-15 astronauts to space each year)
On the lunar lander, NASA estimated SpaceX’s fixed-price bid saved $20B-$30B vs the Boeing-preferred cost-plus approach.
So: SpaceX saved the US taxpayer more than the total value of contracts it earned on a single project, PLUS provided the US government with the requested services (put stuff in LEO) at the best possible price.
Political Punk@actingliketommy
Elon Musk was given tens of billions in government contracts and tax breaks and was able to take a company that’s lost $41 billion and somehow become a “trillionaire.” You will pay social security your whole life and they’ll tell you it’s an “entitlement” when you try to collect
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@JohnOfOrion @galos_gann @DigitalSamIAm How exactly has he not used it to advance green initiatives. Hes sold more evs then the entire industry combined, built solar and battery storage, is currently building the worlds largest solar manufacturing plant . Hes done more then everyone else on earth
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@galos_gann @DigitalSamIAm He was supposed to use it to advance US green initiatives, not hoard it and make himself a trillionaire.
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@GOTVPAC Musk noney is going to all those things. Taking away capital from the most efficient man in history and giving to the government would be a waste. If anything musk should be exempt from paying tax because his companies use the capital to benefit humanity far more then the gov
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Elon Musk becoming a trillionaire can’t just be understood as money he has, but rather money that won’t be going toward:
• Infrastructure
• Schools
• Healthcare
• Community Programs
• Environmental Restoration Efforts
• Eliminating Food Insecurity
• Poverty Reduction
And more.
When we don’t tax the super wealthy their fair share, they accumulate incomprehensible amounts of money while the average person continues to suffer.
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@FrakMAGA2022 @wholemars Buying shares in strategic companies is a good investment. Starting a war with a terrorist nation trying to develop nuclear weapons is a great idea.
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@wholemars Or, and here me out. Trump can stop putting money into companies and buying golden shares and stop spending so much on wasteful pet projects including a billion a day for the last 100+ days on a war he promised he'd never start.
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Federal Budget, Fiscal Year 2025
Revenue:
$5.235 trillion
Spending:
$7.010 trillion
Deficit:
$1.775 trillion short
Even if you could somehow sell every stock Elon Musk owns and raise $1 trillion, we would still have a $775 billion budget deficit! And then what are you going to do the year after that, after you’ve spent all his money?
On top of that, it’s not actually possible to sell all his stocks and raise $1 trillion. The stocks would tank if he was forced to sell, and be worth far less. He doesn’t actually have the ability to pull a trillion dollars out of the bank.
All of these politicians are pointing the finger at Musk to try and blame him for their budgetary failures. The reality is these legislators have fucked up so badly that every cent Elon Musk has can’t plug the hole in the budget. The deficits that we have every single year.
And most Americans are so stupid that they’ll actually believe these politicians instead of voting them out.
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