The entire stock market is premised on the stability of the US government. Without it all their wealth would disappear overnight. All the luxuries they love would cease being produced. They wouldn't be able to fly their private jets anywhere.
In the past the rich could stockpile easily-tradable goods like gold in order to maintain a luxurious life even if their government collapsed. When it comes to billionaires that's not possible. The logistics of keeping and moving that much physical currency/gold/etc don't work out in their favor.
If they keep this up they're going to lose almost all of their wealth as the world destabilizes. They're also setting themselves and their families up to be assassination targets for the rest of their lives (far, far beyond what they are already). There's people everywhere that will be severely impacted by their actions. There will be nowhere for them to go because the US really is the pillar of the world's economies.
All they need is a way to send messages to their "useful idiot" new college grad minions.
True, instigating a global collapse might eventually get to them, but AFAICT, they just want to personally profit from US dysfunction. Plus, it seems like the rest of the world will simply bypass the US and say "you're not dependable any more, so we're just gonna pretend you don't exist". Ostracism (of the US) seems more likely than the entire world destabilizing.
History sure does have an uncanny way of rhyming if not actually repeating.
Something that greatly galls me is that the livelihood of tens of millions of families depend on the whims of people who think only in terms of profit. Government is not supposed to make a damned profit! The government's primary role should be to care for everyone, from entrepreneurs to people with disabilities. I'm not saying "handouts for all", I'm saying that the government needs to provide stability, a level foundation for all to build upon.
It's like Venkman in Ghostbusters, in the ballroom: he yanks away the tablecloth sending everything flying except "the flowers are still standing!". The rich are the flowers, secure on their own foundation, calm with the knowledge that the guy pulling the tablecloth can't affect them. In other words, the new administration should be carefully enacting new policies not causing chaos by doing everything too quickly.
Unless their goal is to destroy the USA, in which case US citizens will need to decide what country they want to live in and whether republicans are capable of delivering that.
> Unless their goal is to destroy the USA
I have indeed heard this, even in his first term -- that people were so fed up of politics-as-usual, that they decided to "send a wrecking ball into the White House".
After having seen the damage that wrecking ball did the first time around... to send it back must mean that these folks really want to demolish the very ground they're standing on.
And thank you :)
My understanding from both reading a lot online and conversations with Americans in person is that a significant number of them would consider the above statement to be “socialism” which is something they’ve been taught to hate, no matter what.
I can’t say I understand it. To me, it’s the most basic raison d’etre for government. I’m not sure what the anti-socialism types in the USA think that the government’s purpose is
Sometimes they put their finger on the scale a bit, too. https://en.wikipedia.org/wiki/Business_Plot
They're doing shady stuff in the shadows as fast as they can. Which is exactly the way you do things when they're not above board legally or ethically.
It's insane to me that people on the so called left are going to bat for the status quo, the status quo that protects bureaucrats and lobbyists and friends giving friends contracts and salaries.
> Thomas Shedd, a Musk-associate and now head of the General Services Administration’s Technology Transformation Services (TTS), told government tech workers in a meeting this week that the administration plans to widely deploy AI throughout the government. Shedd also said the administration would need help altering login.gov, a government login system, to further integrate with sensitive systems like social security “to further identify individuals and detect and prevent fraud,” which employees identified on the meeting as “an illegal task.”
https://www.404media.co/things-are-going-to-get-intense-how-...
Finally, batting against someone trying to make the status quo worse for his own gains isn't "batting for the status quo". If your house needs renovating, and I stop someone who tries to set it on fire, it doesn't mean I'm against renovation.
I don't really know what your quote is about, seems like grinding a specific gear which I'm not particularly interesting in looking into.
But to your final point. The jury is still out on whether Musk acts _exclusively_ for his own gains. Sure he has an ego, but he was also instrumental in bringing EVs to the market (which many of his now opponents were quick to adopt), and at the very least has rekindled an interest in space exploration and so on.
I have many misgivings about the man, but at least we can see him. Which is better than the previous status-quo.
No, because they're not insane, have no clue what they're talking about, and don't call anyone who points that out a "radical leftist", or whatever their particular word for "unperson" would be.
> At least we can point the finger at Musk
And then you can get fired, like the Twitter engineer correcting his utter nonsense claims about how Twitter works. So he's an "idiot" (lies, smears people, and talks nonsense, too), but at least he's unable to hide it.
Because since we "can point our fingers at him" the pointed fingers get dismissed. Some people even said he can't have anything to hide because he posts so much on X. Okay, so so we know he's a terrible person and up to idiotic, destructive things, but that's a good thing, because other people could be worse because they're not posting every brain fart on a social media site they bought for that purpose. What?
> I would posit doing and saying stupid shit in public IS more human than what we normally get
All humans are human. One world you could use, just not for Musk, is "humane". To me he's very stuck up, pseudo-intellectual and pseudo-deep. He's not an adorable dork, he's a pushy, controlling, cowardly try hard. He wants desperately to be liked, or feared, or respected, but he doesn't genuinely love other people, and he isn't genuinely curious either, so it's all just a ghoulish, awkward, and completely dishonest show.
And people who don't tell people to "fuck their face" and such, or agree with neo-nazi conspiracy theories, or don't find outrage at their Hitler salute so funny they can't stop joking to the point even the ADL says something, etc. don't only refrain from these things because they have big PR team.
> Sure he has an ego, but he was also instrumental in bringing EVs to the market (which many of his now opponents were quick to adopt), and at the very least has rekindled an interest in space exploration and so on.
And if WWII hadn't happened, we wouldn't have computers right now. So? We would have had them 300 years later or whatever. This idea how progress, that humans constantly nibble at, that they cannot help but think about, could only have happened exactly how it happened is something I don't buy into. And without looking at the damage it's not a credible "calculation" anyway.
Hopefully you don't get to power yourself, with that kind of username, and all your book knowledge.
It’s like a creditor-initiated bankruptcy proceeding. An agent comes in and stops all transactions, audits the assets and liabilities, and comes up with a plan. That’s what they are working on right now.
I’m trying to be objective in my description. I’ve personally worked for the government before and I think they are being hopelessly naïve in thinking that the government can fixed in this way, and also appear to be dangerously ignorant of the law (or counting on executive pardons). But I do t think there is any intentional malice or corrupt intentions here.
I think this is pretty much correct. The media, however, is taking full advantage of creating as much panic as possible.
I am curious though - what do you think about Curtis Yarvin being invited to the Coronation Ball in DC? It's things like that that make these theories spread. Why are they friends with a guy who openly calls for the fall of democracy and even invited him to high-level events?
Congress doesn't just give the executive branch a slush fund they can use to implement whatever political agenda the administration has. The money is for specific things, and the president has to spend it on them. He also can't just not spend it. His just is to make the money go from A to B, not to decide whether or not it gets to B.
Yes, the executive can set a policy agenda, and they have powers within the executive branch to administer the agencies, but one of those power is not the ability to spend or hold up congressionally appointed funds. The president's job is to spend that money on our priorities, not his. Many times his priorities will align with the voters, but at the end of the day he is the president for everyone, not just Republicans. This is the whole system of representation we have been living under for 200+ years.
We pay those taxes, we vote for our representatives, they allocate spending, the president makes sure the funds are lawfully spent. That is the system. You seem to be suggesting some other system where the president gets to decide how the money is spent. That's not how the system works.
There is a lot of executive leeway in interpreting how to spend money allocated in congressional authorizations. As I said, I was managing a program that was in the 10's of millions of dollars and a line item on my agency's budget. The actual wording of the authorization was quite short, and there was a lot of executive agency in deciding how to structure it.
But most of your comment doesn't seem to be addressing what my comment was saying, and is politically charged enough that I don't think it would be fruitful for us to continue this conversation. I wish you the best.
None of this is true for Musk. He's not treating any of this with care, and we can see this in real time as USAID food/medicine is held up and rotting at borders. How is that not wasteful?
If you were to make those kind of capricious decisions as a government employee leading to people going hungry and staying sick or worse dying... Congress would rightfully be demanding answers and your resignation.
I think it should be obvious to everyone we are not dealing with an instance of a regular employee exercising routine and precedented discretion here, when Congress is up in arms, agency employees are up in arms, class action lawsuits are being filed. How often does a response of this scale happen when you make a decision?
From what I can tell, the apparent purpose of DoGE is to benefit Trump and his allies financially, weaponize funding against opponents, and dismantle parts of the government they oppose. Musk’s preference for young engineers may stem from the same logic the military uses with young soldiers — they tend to be more obedient and less likely to push back.