Do I hear laughter?

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  • motorhead43026motorhead43026 Posts: 1,956
    edited June 16
    ^^in 2014 63 billion dollars worth of sudsidies were given out to fortune 500 companies alone. So don't pick on just Tesla. Now it is 2017 so due the math. This info provided by Forbes.



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  • motorhead43026motorhead43026 Posts: 1,956
    Oh, and these subsidies we're mostly in the form of tax breaks.



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  • tonybtonyb Posts: 27,357
    ^^in 2014 63 billion dollars worth of sudsidies were given out to fortune 500 companies alone. So don't pick on just Tesla. Now it is 2017 so due the math. This info provided by Forbes.


    Good point Motor, we may be on the same page about subsidies. One also has to ask how much of those gets put back into the coffers of politicians in the way of donations. Basically stealing public funds for their own use. We used to call that "laundering" money, an illegal activity, but because guys in suits do it today it's acceptable.

    Musk didn't need subsidies, like giving public funds to Bill Gates or Warren Buffet.

    IMHO, if your going to subsidize anything with public funds, do it to help the common folks , you know, the general public. Elderly, handicapped, vets,....job training. People wouldn't mind so much if they knew public funds were going to actually help people, not individuals already loaded with coin....who make products for the well to do on top of it.

    Subsidize the small farmer, since everyone is crying about the quality of food, or lack there of and it's availability to city folks. Not the giants like Monsanto.

    Common sense stuff to me, not so common once the public funds hit Washington.

    Capitalism, is not intended to create jobs, that's just the side benefit. Capitalism by design is meant to create wealth. The more people who partake in it's process, the less poor you have, the less welfare you have, the more money you have to spend, not borrow to spend.

    Guys like Musk have already reaped the benefits of Capitalism, using public funds to enhance that further is simply insane to me. I'm not just picking on Musk either, Oil companies, G.E., the list is endless. We give them public funds and what do we get in return ? Reduced benefits, kicked out in favor of cheaper foreign workers ? Sound like a fair trade ?

    I'm not a fan of subsidies, if you can't tell yet. Not a fan of using them to socially engineer society. Just my perspective....
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  • RicardoRicardo Posts: 10,464
    I dunno. There's nothing like a nice exhaust rumble. I don't think I'll ever move to electric.
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  • motorhead43026motorhead43026 Posts: 1,956
    edited June 17
    Tony, in 2014 Buffet holdings were up for over 1 billion in subsidies, fact not fiction. Corporations are the government in the US today. Little do people realize that your one world government is happening right under your nose in the open. It is in the form of corporate governance. Wait till they start handing infrastructure rebuilding over to private equity (financial corps) this will be another transfer of wealth to rival the great recession.
    Post edited by motorhead43026 on



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  • tonybtonyb Posts: 27,357
    edited June 17
    Tony, in 2014 Buffet holdings were up for over 1 billion in subsidies, fact not fiction. Corporations are the government in the US today. Little do people realize that your one world government is happening right under your nose in the open. It is in the form of corporate governance. Wait till they start handing infrastructure rebuilding over to private equity (financial corps) this will be another transfer of wealth to rival the great recession.

    I can agree with most of that, Buffet though....has owed around a billion in taxes for like 8 years now but keeps fighting it in courts. Mister go ahead and raise my taxes, right ?

    Anyway, funding infrastructure with private money is actually a good thing. Free's up coin to be used elsewhere and normally private companies can do the job quicker and more efficiently than government can. It's not a transfer of wealth if your not taking it from Peter to pay Paul. Plus with private money, you can bet accountability to where and what it's being spent on would happen, unlike government.

    Private funding has been happening for decades on some level. Ever go to a Hospital and you have XYZ wing named after the donor ? That donor got nothing back except recognition, his name on the wing. No transfer of wealth happened there. How many roads do we have named after someone ? They didn't build it, contribute funds. I have no problem if Bill Gates wants to pay for a bridge somewhere and we have to name it after him. So what....
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  • motorhead43026motorhead43026 Posts: 1,956
    edited June 17
    Tony really? XYZ wing @ a hospital is a donation. Private investment in infrastructure is not a donation it is an investment....lol. Look up the definition of the word investment. These people will expect a return on investment. Think of tolls ect.
    Infrastructure to be funded by PRIVATE INVESTMENT, not DONATIONS!










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  • tonybtonyb Posts: 27,357
    Tony really? XYZ wing @ a hospital is a donation. Private investment in infrastructure is not a donation it is an investment....lol. Look up the definition of the word investment. These people will expect a return on investment. Think of tolls ect.
    Infrastructure to be funded by PRIVATE INVESTMENT, not DONATIONS!







    I think your reading too far into the terminology. Nobody is going to build a school and expect a return on investment. What they may expect, is favors from government in other areas that benefit them.

    Having someone build a public road, toll road, and expect to collect that toll money indefinitely.....what pray tell politician would agree to that knowing how broke most states are ? What company would make that investment, claim ownership of it, and be liable for upkeep and lawsuits over every accident that happened on their road ? Doesn't make sense....at all.
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  • mrbigbluelightmrbigbluelight Posts: 7,086
    Besides subsidies, let's not forget our government's wonderful investment arm, In-Q-Tel.
    Nothing could go wrong there.
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