"Utterly Insane"....Says Elon Musk About The "Big, Beautiful Bill" Gutting All Clean Energy Incentives. And He Is Correct.

[Admiral Rockwell Tory]

They've definitely taken quite a leap here. The flock is thrilled that many will be pushed out.

However it turns out, good or bad, it belongs to the GQP.

Still haven't come to terms with your typo yet?

 

[Admiral Rockwell Tory]

Doing business environmentally friendly adds zero costs. We need more watchdogs.

Subsidies cost nothing? Time for your meds Methusaleh!

 

[Admiral Rockwell Tory]

I will agree our landfills are so huge. I.agineif every american spent half of what they do now. Landfills shrink, economy booms. We could as a nation. Promote less consumption to spur economic growth.

You really have gone where no man has gone before if you believe that! That's the dumbest statement I have seen on this forum to date in terms of sheer stupidity! I would ask you to explain that statement, but it is completely moronic! You need to see a doctor immediately. Either that or call an elevator repair man because yours is not reaching the top floor any longer!

 

[Admiral Rockwell Tory]

What is wrong with a house owner installing some solar panels? Why are you so against that? Good gawd must be a big oil exec.

We should not be subsidizing anything of the sort with my taxpayer dollars. EOS.

 

[Admiral Rockwell Tory]

Nothing wrong with a simple tax deduction for installing a panel or 2. Where's the harm? You like tax breaks no? We give business startup tax breaks. Of course that mo ey simy gets pocketed by the execs. Why not the average paycheck to paycheck person?

Not the federal government!

 

[Admiral Rockwell Tory]

Subsidies are tax revenues kicked back to those who didn't pay them, basically.
Why should I, for example, pay for YOU to get a reduction in cost of something YOU are buying for YOUR benefit, while I can't afford it or qualify for the "subsidies". ???

Subsidies are not a function of government per the Constitution.

If one can't afford something without a subsidy, than one can't afford that something, period !

Gawd, our schools need to teach basic economics and make a passing grade in such required to graduate.

When he went to school, economics hadn't been invented yet. He rode a dinosaur to school. He is our resident dementia patient, AKA Methuselah I call him. If he is to be believed, he's pushing 90.

 

[Admiral Rockwell Tory]

Google confusing or burying any simple facts. Oh I see why the good doctor lol! Is so cornfused. He lives in Wikipedia or LW storyland sites.*****

Electric vehicle and electric vehicle battery production was the most heavily subsidized industry in 2023, just as it was in 2022,with automakers Ford, General Motors, and Volkswagen taking the biggest packages.Jan 4, 2024

Fortunately, GM is slowly dying in its EV battery plants. My daughter quit her job before they laid her off so she could get a head start elsewhere. Her factory production has been cut to a trickle, and they are closing the factory for a week after July 4th because they are full up on inventory in the auto factories.

 

[defcon4]

In reality, however, the bill would explode the nation’s deficits, adding nearly $4 trillion to the debt when including interest, according to the CBO and the Joint Committee on Taxation, Congress’ official budget scorekeepers. The cost would rise to nearly $5 trillion if the temporary business tax cuts in the bill were made permanent.
“Rather than be honest with the American people about the true costs of their billionaire giveaways, Republicans are doing something the Senate has never, never done before, deploying fake math and accounting gimmicks to hide the true cost of their bill,” Senate Minority Leader Chuck Schumer (D-N.Y.) said on the Senate floor.

The debt is not an issue. We borrow the money from the privately owned 12 banks comprising the "Federal Reserve" then pay the interest indefinitely to those private entities. Alan Greenspan the former chairman of the "Federal Reserve" made it clear that the US will not default.

 

[Toddsterpatriot]

The debt is not an issue. We borrow the money from the privately owned 12 banks comprising the "Federal Reserve" then pay the interest indefinitely to those private entities. Alan Greenspan the former chairman of the "Federal Reserve" made it clear that the US will not default.

We borrow the money from the privately owned 12 banks comprising the "Federal Reserve" then pay the interest indefinitely to those private entities.

They aren't privately owned.
The Fed current holds about $4.2 trillion of the $36+ trillion we owe.

 

[initforme]

Because subsidies are taxpayer dollars that should not subsidize any industries because that simply allows them to keep their prices inflated to remain competitive. You want solar panels, pay for them because only you get the benefit,

Not the federal government!

But heck we will surely find $ for prospective businesses in tax incentives. That should be reigned in bigly.

 

[initforme]

Should we cut Medicaid for illegal aliens?

See the word "citizens"? Let me get the crayons out for you.

 

[Zincwarrior]

Elon was raised by the WEF. I think he thought he was going to share the Presidency with Trump.

Don't worry. Banana dictator Trump will retaliate.

 

[Zincwarrior]

In reality, however, the bill would explode the nation’s deficits, adding nearly $4 trillion to the debt when including interest, according to the CBO and the Joint Committee on Taxation, Congress’ official budget scorekeepers. The cost would rise to nearly $5 trillion if the temporary business tax cuts in the bill were made permanent.
“Rather than be honest with the American people about the true costs of their billionaire giveaways, Republicans are doing something the Senate has never, never done before, deploying fake math and accounting gimmicks to hide the true cost of their bill,” Senate Minority Leader Chuck Schumer (D-N.Y.) said on the Senate floor.

And prices are now rising..

 

[berg80]

Tariffs can be simple or complex. Your pretense otherwise is just shit talk.

They can be a valuable tool to protect industries being taken advantage of, or they can be idiotic as trump's are.

 

[Zincwarrior]

They can be a valuable tool to protect industries being taken advantage of, or they can be idiotic as trump's are.

Literally random at this point.

 

[berg80]

Elon has come full circle now saying he will work to defeat any Republican who votes for Don's deficit creating tax bill that strips hundreds of thousands of healthcare.

 

[Toddsterpatriot]

But heck we will surely find $ for prospective businesses in tax incentives.

Which ones? Be specific.

 

[Nobody911]

I'm not surprised if America collapses in the near future; there are too many greedy politicians in the US Congress. It's indeed America's destiny.

Parts of the "Big Beautiful Bill" considered wasteful or unnecessary largely stem from excessive earmarks, pork-barrel spending, and funding for projects with questionable value or impact. Key examples of such wasteful elements down here:

• Earmarks benefiting very small populations at high per capita costs, such as a $4 million sewer project for Pelican, Alaska, a town of only 98 people, which translates to over $40,000 per resident. This resembles past notorious wasteful projects like the "Bridge to Nowhere"1.

• Funding for special interest groups or politically motivated projects that do not align with broad public benefit, such as grants to well-heeled advocacy groups or projects that primarily serve partisan interests rather than national priorities1.

• Spending on outdated or inefficient technology and infrastructure, including billions spent annually to maintain obsolete federal IT systems instead of investing in newer, more efficient technologies. For example, in 2015, $55 billion was spent on preserving older tech rather than modernization4.

• Unfinished or poorly managed projects, such as the $85 million loan for a hotel and apartment complex in Kabul that was never completed, highlighting poor oversight and waste4.

• Large grants for limited-impact transit projects, like a $1.04 billion grant to expand San Diego’s trolley by just 10.9 miles, serving a relatively small ridership compared to highway users4.

• Excessive vehicle purchases by the federal government despite already owning hundreds of thousands of vehicles, with unclear utilization and potential redundancy4.

• Tax provisions in the bill that cut green energy incentives or impose excise taxes on future renewable projects, which critics argue stifle growth in strategic industries and job creation.

Overall, these wasteful components reflect a pattern of politically driven spending that inflates the federal deficit and undermines fiscal discipline, often at the expense of more efficient, strategic investments. Critics argue that such spending does not serve the broader public interest and contributes to the ballooning national debt146.

sources:

1. BOONDOGGLES: 7 Examples of Wasteful, Outrageous Earmarks in Senate Spending Package
2. Which government programs are considered wasteful or inefficient? | USAFacts
3. 5 Absurd Examples of Government Waste in 2024 - FEE
4. Five outrageous ways the federal government has wasted your money
5. What Are Earmarks and What Purpose Do They Serve?
6. Fighting fraud, waste, and abuse—the infrastructure bill and lessons for the future | Brookings
7. Uncovered: Wasteful Government Spending
8. https://www.congress.gov/congressional-report/118th-congress/senate-report/36/1

 

[Admiral Rockwell Tory]

But heck we will surely find $ for prospective businesses in tax incentives. That should be reigned in bigly.

Not federal. You didn't read that, did you?

 

[Modern Messiah]

Here are 2 questions far more relevant than your imbecile 5 deranged MAGA questions.

Why do you want to breathe more polluted air? Why do you want a shorter life?

So you can't answer the questions.
Then you respond with meaningless scare tactic platitudes.