Posted On: 04/09/2016 3:41:30 PM
Post# of 65629
Um, well: My point stands. Elon Musk's 'enterprises', all three of them, are "a public-private financing model underpinning long-shot start-ups."
There is nothing wrong with that! Why does it need to be solely one or the other, why does it need to be evil or good, socialist or capitalist? Rather than what it is, the same public-private 'partnership' that has driven some of America's greatest efforts/accomplishments, which I listed previously.
Throw in all of the Dams built through the WPA, and the the rural electrification they provided. No Oak Ridge branch for the Manhattan Project without that. No Hanford WA nuke facility without Grand Coulee Dam. We used to build shit and accomplish much with that public-private 'model'.
Now that model is emotionally charged by conservatives, wrongly, as 'socialism'. Hence, no money for THAT!
So shit doesn't get built or get fixed anymore. All the roads, rail and bridges in your State ship shape?! Hell, how many are even up to spec and safe?
I said it in '12. If Romney wins we will see the Romney Rebuild America Infrastructure Bill. it would be as laden with pork for each of the States as the Stimulus was, but it would be just peachy 'cause GOP pork! LOL!
http://www.latimes.com/business/la-fi-hy-musk...story.html
Elon Musk's growing empire is fueled by $4.9 billion in government subsidies
Jerry HirschBy Jerry Hirsch
SHARE THISft \
Tesla, SolarCity and SpaceX have collected or received a commitment for $4.9 billion in government support
May 30, 2015, 8:00 AM
Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.
And he's built those companies with the help of billions in government subsidies.
Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups.
"He definitely goes where there is government money," said Dan Dolev, an analyst at Jefferies Equity Research. "That's a great strategy, but the government will cut you off one day."
The figure compiled by The Times comprises a variety of government incentives, including grants, tax breaks, factory construction, discounted loans and environmental credits that Tesla can sell. It also includes tax credits and rebates to buyers of solar panels and electric cars.
There is nothing wrong with that! Why does it need to be solely one or the other, why does it need to be evil or good, socialist or capitalist? Rather than what it is, the same public-private 'partnership' that has driven some of America's greatest efforts/accomplishments, which I listed previously.
Throw in all of the Dams built through the WPA, and the the rural electrification they provided. No Oak Ridge branch for the Manhattan Project without that. No Hanford WA nuke facility without Grand Coulee Dam. We used to build shit and accomplish much with that public-private 'model'.
Now that model is emotionally charged by conservatives, wrongly, as 'socialism'. Hence, no money for THAT!
So shit doesn't get built or get fixed anymore. All the roads, rail and bridges in your State ship shape?! Hell, how many are even up to spec and safe?
I said it in '12. If Romney wins we will see the Romney Rebuild America Infrastructure Bill. it would be as laden with pork for each of the States as the Stimulus was, but it would be just peachy 'cause GOP pork! LOL!
http://www.latimes.com/business/la-fi-hy-musk...story.html
Elon Musk's growing empire is fueled by $4.9 billion in government subsidies
Jerry HirschBy Jerry Hirsch
SHARE THISft \
Tesla, SolarCity and SpaceX have collected or received a commitment for $4.9 billion in government support
May 30, 2015, 8:00 AM
Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.
And he's built those companies with the help of billions in government subsidies.
Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups.
"He definitely goes where there is government money," said Dan Dolev, an analyst at Jefferies Equity Research. "That's a great strategy, but the government will cut you off one day."
The figure compiled by The Times comprises a variety of government incentives, including grants, tax breaks, factory construction, discounted loans and environmental credits that Tesla can sell. It also includes tax credits and rebates to buyers of solar panels and electric cars.
(0)
(0)
