.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense.
SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world.
Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere.
SpaceX will materially bring down the cost of compute, advancing AI and humanity.
Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help.
The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist.
Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives.
Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation.
Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears.
Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction.
We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.
I just had the craziest experience at the airport.
We are about to board a flight to Atlanta when the pilot from the incoming plane walks out of the jetway. Guy is probably late 50s, salt and pepper hair, military look. The kind of pilot you instantly feel good about seeing on your flight.
Pilot walks over to the counter, gets on the PA system, and starts addressing everyone. “Folks, I’ve been doing this a long time. Flying one of these jets is easy. The hard part is looking at 130 people and telling them their flight is going to be delayed.”
Audible groans throughout the boarding gate. Most people here are flying to Atlanta as a layover before another flight. 130 people just had their day become a complete mess.
The pilot goes on. “I get it, trust me. But here’s the deal: During our landing, we had a small mechanical issue. I’m not your pilot for the next leg, but I don’t feel confident the jet’s safe to fly until we have a mechanical team look it over, and I don’t feel comfortable asking the next pilots to fly you guys until we get confirmation.”
He points at the agents next to him behind the counter: “Now, none of this is the agents’ fault. Please be kind to them. I’m the one who made this decision, not them, so any inconvenience you experience is my fault. Just please know that I don’t do this lightly, and I’m only doing it because I believe it’s in the best interests of everyone’s safety.”
Now this is where the story gets crazy. The pilot puts the microphone down, grabs his suitcase, and all the people in the gate…
Start clapping.
I’m not joking, everyone starts clapping for the guy. 130 people who just had their travel plans ruined give an ovation to the guy who made the decision and delivered the message.
All because he addressed them with decency and transparency, took ownership of the decision, made it clear that it was necessary, and explained why it was in everyone’s best interest.
It’s honestly one of the best examples of strong communication—of strong leadership, for that matter—that I’ve seen in a long time.
@Delta, whoever your Atlanta to Wichita pilot was this morning, he’s one of the good ones. Please tell him the delayed passengers of flight 1637 appreciate what he did.
@BillAckman In last night’s interview Bret Baier several times asked the Iranian Fx Minister if the Supreme Leader was ok and whether he would make a statement. No doubt he was promoted by our intel to ask this. My radar is up as well.
I saw a moderate sized fast moving “Fireball meteor” that left a visible trail in New Canaan, CT tonight 11/2 at about 6:30pm. The head had a small piece appear to brake off before it disappeared. Wild.
@BITCOINschizo @WSBGold Certainly not someone who thinks they have a claim on some 1s and 0s in the cloud….. Gold has been a store of value for 4,000 years. The citizens of India own 25,000 tons of gold and those in China may own even more. They understand the concept of specie in a world of fiat
🚨 JPMORGAN CEO JAMIE DIMON:
“Gold could easily go to $5,000, even $10,000 in environments like this.”
“This is one of the few times in my life it’s semi-rational to own some.”
When the world’s top banker starts recommending gold… you know the revaluation has begun. 🏆
@RickSantelli you do great work on the bond mkt. it is embarrassing that @CNBC uses red when yields go down. Rates down = bonds up = green. Bloomberg has it right and has more credibility with bond investors. Please explain this to your audience.
Gold ATM in Shanghai: Drop your jewellery, it checks purity, melts it, calculates value, and credits your account instantly.
If this comes to India, traditional gold lenders might need a new business model.
Transparency in. Exploitation out.
@StockSavvyShay The calculation of the tariffs are reminiscent of an Econ student (Lutnick) pulling an all nighter and delivering an F paper. Somehow he thought this was going to impress his teacher, President Trump. Remarkably his flattery for him an A….. say goodbye to US hegemony.
@RobertMSterling You can’t teach motivation in college or B school. It is developed and earned in the school of hard knocks. Failure often breeds success and motivates. Get knocked down and dust off and get back up. If a parent is always there to fight your battles you won’t build resilience
@babybeginner Powerful ad. Nike lost me at Colin Kaepernick. I know plenty of folks who haven’t bought anything with a swoosh in several years. That includes me.
🚨🚨🚨BREAKING: It’s Official! Republicans KEEP The House in 2024
This is a CLEAN SWEEP of White House, Senate and House Chambers.
This is a historic mandate from the American people. Time to use it…
The major broadcast networks (ABC, CBS, NBC) operate on free licenses of public spectrum in exchange for requirements to serve the public interest. They no longer do, and this is an obsolete model anyway. The spectrum should be auctioned off, with the proceeds used to pay down the national debt. Of course, the networks can bid on the spectrum, and they will win if broadcast networks are still the most highly valued use. What’s more likely to happen is that valuable spectrum will be reapportioned to the next generation of wireless applications, unleashing many more interesting options for consumers and businesses. The networks can continue to operate on cable, like hundreds of other redundant channels.
The Scent of a Harris Panic in the Air
The 2024 race is still close.
But then so was the 1980 Carter-Reagan race at this same juncture.
Indeed, incumbent president Carter was then comfortably up in the last two October Gallup polls—before utterly and suddenly evaporating on Election Day.
But in the last seven days, there seems a sense of panic in the Harris campaign.
How do we know that?
Why are Democratic pundits—from Axelrod to Carville—blasting the Harris campaign and otherwise warning of bad things to come?
Why are some of the once Democrat sure-thing senate races—e.g., in Ohio, Wisconsin, and even Michigan—tightening up?
Pundit poll-watchers are suggesting that Trump is close, even, or slightly ahead in the swing-state polls, suggesting that he is nearing a margin that could cancel out anticipated “ballot irregularities”.
The expected October Harris-Biden surprises—the opportune Fed interest rate cut, the transparently desperate Jack Smith beefed-up re-indictment, the current new Hollywood Trump-hit movie, the desperate Zelensky fly-in to Pennsylvania, the election-cycle customary Bob Woodward unsourced gossip book—seemed so far to have had no effect.
Why would any campaign send out the bumbling Tim Walz to a Fox Sunday interview after his disastrous debate?
Why is a suddenly smiling Biden so eager to claim candidate and VP Harris as a co-conspirator to his disastrous four years?
Why would Harris pivot and now agree to (admittedly mostly softball) interviews, thus confirming to the voting public why she wisely had previously avoided all press conferences, interviews, and town halls?
Why—after the last two moderator-rigged ABC and CBS debates—would Harris desperately want another and possibly believe that Trump would ever agree to any such warped forum?
The last 4-5 Harris scripted interviews, but especially on CBS’s 60 Minutes, have been train wrecks.
Everyone expected (and was not disappointed) the on-spec word salads, predictable sappy retreats to her misleading bio, the now accustomed deer-in-the-headlights confusion about her prior three years with Biden, and the general mush in lieu of any policy prescriptions.
Why would CBS think it worth ruining its already debased reputation by doctoring the transcript of the Harris disastrous interview in a vain attempt at Orwellian repair?
Why is a rusty but still narcissistic Barack Obama at last hitting the campaign trail?
And is he still effective—or reduced to becoming an Oprah-like caricature?
After all, is it wise for the elite Obama (in his now accustomed snarky “clingers” style) to venture out of his mansions (Kalorama? the Hawaii beachfront? or the Martha Vineyard estate?) to talk down to black males struggling under years of a hyperinflationary economy, a flood of illegal immigrants from an open border, and a four-year-spiking crime rate?
Does the Netflix grandee berating black men as victims of false consciousness, misled, and brainwashed into voting for the Trump agenda really win them over to Harris?
Does the hundred-million-dollar-plus man Obama persuade anyone by reverting for a few moments to his old community-organizing, fake black patois and his pseudo-racial intimacy of “brothers”?
And does it work for Obama (remember “when they go low, we go high”) to blast Trump as racist and crude, when Obama jokes that Trump wears diapers— this after previously suggesting at the Democratic convention that Trump suffered from small genitalia?
If this should continue, soon the July 21st coup that removed Biden, along with the Harris pick of Tim Walz, will go down as days of Democrat infamy.
Anything can happen in the next three weeks. But so far, the cures for the Harris slide are far worse than the malady itself.
I find myself feeling sorry for @GovTimWalz. He seems like a nice guy, but in way over his head to be second in line to run the country. A bit of a buffoon, but in a good way. A kind man that will get his face ripped off in a negotiation. Not someone that I want making consequential decisions for all Americans.