If you add in the so called High Speed Rail (to nowhere), we now a trifecta of California transit failures: BART (with a regressive sales tax ballot plan), VTA and HSR.
Civil grand jury says VTA failed to manage nearly $13 billion San Jose BART extension https://t.co/5nyVtEtqGk
Milton Friedman: “The strongest argument for free enterprise is that it prevents anybody from having too much power—whether that person is a government official, a trade union official, or a business executive.”
History's first trillionaire is a guy who catches rockets out of the sky with chopsticks and beams internet to every dead zone on the planet.
Same guy ships cars that drive themselves, humanoid robots for the factory floor, brain chips that let paralyzed people move a cursor with pure thought, and an AI running on a supercomputer his team stood up in months instead of years.
And the people crashing out about his net worth are doing it on the app he owns. The same app governments spent years trying to censor.
You cannot legislate a rocket into orbit.
And how did China do that? It wasn’t through “socialism.” That was Mao’s project. The cultural revolution killed tens of millions of Chinese through dumbass collectivism. Then Deng allowed for markets. And boom, hundreds of millions were lifted out of poverty. China held on to command and control politics but introduced limited freedom in economics and did more to alleviate poverty than socialism ever did. But you people envy the authoritarianism and so you lie and propagandize for it. Shame on you.
Trump dropped an absolute bombshell yesterday. The media focused on him saying "I love the inflation." But did you hear the Venezuela raid-sized news he announced AFTER THAT?
The U.S. military has been secretly taking millions of barrels of oil OUT of the Strait of Hormuz in a massive operation. Not even Iran knew this. Everyone thought the tankers were just sitting there. THEY WEREN'T. That's why oil prices didn't reach deadly levels. That's why gas prices are dropping.
This is one of the most impressive military operations I’ve ever heard about. So why announce it to the world now? Why not let it keep going in secret? Here's my guess: It was a massive poker move against Iran, showing them that they have NO LEVERAGE, it let China know that America still controls the seas, and it let the American people know that Trump has a plan and it's WORKING.
That sure sounds like America First to me.
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
🚨For those who say there is NO election fraud in California:
The DOJ just prosecuted Brenda Brown for paying homeless people to register to vote under FALSE addresses.
OMG caught her on hidden camera doing this illegal activity in LA.
If you think the government spends money wisely and that taxes should be higher, there is literally nothing stopping you from sending them extra money voluntarily.
“Democracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.”
— Walter E. Williams
That a bureaucrat is not a political appointee does not mean the bureaucrat is nonpartisan.
Some of the most partisan bureaucrats are so-called “career” employees who pursue an ideological agenda regardless of the policies of the incumbent administration. That has certainly been true regarding DOJ’s Civil Rights division.