What's new
By:
Filters

Trump will have Elon audit the entire federal government

Bonanza said:
I suppose the simplest it can be is whether something is worth more now, than what it was paid for then.

Is Twitter today worth more than what Musk paid then? If not, by a pure business metric, I can't see the argument for how Musk has improved the company. Companies exist only to make money. Again, if he bought it as a toy, then I agree it matters not what it's worth then or now.
Click to expand...
And his point that you're evading is that you can't verify that other than to say it doesn't seem as busy or he hasn't added any value to it. Provide the proof. Here's an excerpt for you from Axios... "By the numbers: Fidelity believes" .

Belief doesn't cut it in the business world.
 
Bonanza said:
I suppose the simplest it can be is whether something is worth more now, than what it was paid for then.

Is Twitter today worth more than what Musk paid then? If not, by a pure business metric, I can't see the argument for how Musk has improved the company. Companies exist only to make money. Again, if he bought it as a toy, then I agree it matters not what it's worth then or now.
Click to expand...

Lets not forget that were talking about one of the richest people on earth. Some times they do things for reasons we just can't fathom. Turning a profit MIGHT not have ever entered into his thought process.
Pretty sure he bought X due to the shady shit they were doing. He fixed that. If he has to put out a 100 million a year from his own pocket for that....................well, that's like a Netflix subscription to him.
 
rockota said:
perhaps... but until and unless he tries to sell it, there is no data you can cite to say it's worth more or less than it was when it purchased it.
Click to expand...
Other than the speculation and voluminous articles analyzing it, you would be correct.

Zum Beispeil, A Monet painting can be assessed to be worth $X, but until it changes hands for X, it's speculative. Musk seems to agree the company isn't worth what he paid, which is strong evidence: Two years later, Alwaleed says he is still happy with his investment. But to others, the deal looks significantly less appealing. Under Musk, X’s valuation has cratered — as Musk has acknowledged — leaving it worth as little as half of what he paid.

I can't seem to find any literature that suggests the company has the potential to be sold for more than it was purchased for, but I would happily read it if found.
 
gt1guy said:
Lets not forget that were talking about one of the richest people on earth. Some times they do things for reasons we just can't fathom. Turning a profit MIGHT not have ever entered into his thought process.
Pretty sure he bought X due to the shady shit they were doing. He fixed that. If he has to put out a 100 million a year from his own pocket for that....................well, that's like a Netflix subscription to him.
Click to expand...
Totally. I've said before, if this is just a toy to him, the rubric of success is different. The thread starts the prospect of Trump appointing Musk to audit, and thereby suggesting to cut, the government. I'm not convinced that is a wise course of action, and I primarily used Twitter as an example of why items under his stewardship are suffering.

I feel the .gov needs a lot of red ink. But going about that takes discretion, not a burn-down-the-house approach. I am watching the situation unfold in Argentina for a real world example of this. So far, his (Milei) austerity measures appear to be working, suggesting a sledgehammer approach could have merit. So we'll see.
 
Bonanza said:
This has 0 to do with me. I have never, and will never, disparage anyone in these discussions about their own education levels. For the record, it is always someone else that feels the need to point out my education and then personally attack me.

As you did.
Click to expand...
Bonanza said:
Trump doesn't have support of college educated people. Why? It isn't because college educated people all graduate as democrats. It's because Trump, MTG, etc say stupid things. That's all there is to it. If you watch the last debate, Biden train wrecks. But Trump can't answer any question coherently, and lies about pretty much everything.
Click to expand...
Close
 
Bonanza said:
Other than the speculation and voluminous articles analyzing it, you would be correct.

Zum Beispeil, A Monet painting can be assessed to be worth $X, but until it changes hands for X, it's speculative. Musk seems to agree the company isn't worth what he paid, which is strong evidence: Two years later, Alwaleed says he is still happy with his investment. But to others, the deal looks significantly less appealing. Under Musk, X’s valuation has cratered — as Musk has acknowledged — leaving it worth as little as half of what he paid.

I can't seem to find any literature that suggests the company has the potential to be sold for more than it was purchased for, but I would happily read it if found.
Click to expand...
at least you're admitting it's all speculation, finally.
 
Bonanza said:
I feel the .gov needs a lot of red ink. But going about that takes discretion, not a burn-down-the-house approach. I am watching the situation unfold in Argentina for a real world example of this. So far, his (Milei) austerity measures appear to be working, suggesting a sledgehammer approach could have merit. So we'll see.
Click to expand...
It sounds like some kind of audit might be a good idea.
 
Bonanza said:
Totally. I've said before, if this is just a toy to him, the rubric of success is different. The thread starts the prospect of Trump appointing Musk to audit, and thereby suggesting to cut, the government. I'm not convinced that is a wise course of action, and I primarily used Twitter as an example of why items under his stewardship are suffering.

I feel the .gov needs a lot of red ink. But going about that takes discretion, not a burn-down-the-house approach. I am watching the situation unfold in Argentina for a real world example of this. So far, his (Milei) austerity measures appear to be working, suggesting a sledgehammer approach could have merit. So we'll see.
Click to expand...
Speaking of burning down the house, THIS HOUSE IS ON FIRE!
Inflation is nuts, immigration is nuts, I don't think 25% of the people in this country regardless of party truly trust the election process anymore. Assassination attempts and school shootings keep happening that "were on teh FBI radar" but they never seem to stop a crime any more except shit where they convince some radical to make a bomb that they gave him components for, talked him into doing it, but when he pushed the button they show up and arrest him.
THIS HOUSE IS ON FIRE! Do you want someone to stand at the sidewalk and throw bottles of water at it? Or come in with as you called sledgehammer approach (although yes it will be painful in the short term) and in the long run save the country?
For the first time in my life now I work for the state of NC. I'm still against the state. Growing up my aunts, my parents, now my siblings, everyone, they work for government at some level and I've said for years that the State produces nothing. They can't spend a dime they didn't steal or print.
Even now that I work for the state if Elon or someone came through and eliminated my job, I'd be so damn happy I'd be out dancing in the streets.
SO much of government is wasted in regulations and paperwork so that someone can have a job, all stacked on top of the few jobs that actually matter but in a totally free society would be either free market or volunteer.

TL,DR bring on the Argentina chainsaw to the budget!
 
Bonanza said:
Totally. I've said before, if this is just a toy to him, the rubric of success is different. The thread starts the prospect of Trump appointing Musk to audit, and thereby suggesting to cut, the government. I'm not convinced that is a wise course of action, and I primarily used Twitter as an example of why items under his stewardship are suffering.

I feel the .gov needs a lot of red ink. But going about that takes discretion, not a burn-down-the-house approach. I am watching the situation unfold in Argentina for a real world example of this. So far, his (Milei) austerity measures appear to be working, suggesting a sledgehammer approach could have merit. So we'll see.
Click to expand...

I don't believe for a second that Musk himself would be reading the books. More likely he'd send an army of his smart guys to do it. And I'm just fine with that.
Musk isn't out on the pad fueling his rockets either, but they still fly.


If nothing else, Musk is willing to help fix the mess. I applaud him for that. He's a patriot in my book.
 
Last edited:
Bonanza said:
The more you try to punctuate your points by attacking me personally, the more I know you aren't confident in your own argument. Speaking of, what exactly is suppressing your free speech? Feel free to type it freely on this available-to-everyone public bulletin board. I imagine you'd like to point to Facebook filtering content it didn't like, or manipulating the algorithm to drive down conservative viewpoints? That's what I would argue if I was you. Certainly, facebook isn't the government so it wouldn't matter what they suppress. Maybe then the argument of the government pressuring facebook to tamp down on misinformation?

Maybe your experience is different than mine? I haven't had an issue speaking freely or accessing literature/conversation on topics I choose.
Click to expand...

I'm not attacking you personally, I'm pointing out your jobby job with the .gov and location that more often than not skew ideologies and viewpoints. It's not a personal attack, if anything I'm giving you an excuse for your viewpoints.

I'm more than confident in my viewpoints, there is more and more evidence every single day that the .fed has been sensoring all platforms for years through proxy's. Emails to Zuckerberg have been released, twatter was filled with people acting on the .govs behalf for them filtering media. Google owns a lot of media share and they're notorious for suppressing, deleting and scrubbing the news and searchable content. To not see this all happening right in front of your face is just ignorant.

We can speak freely on here for sure, because our own little version of musk built this place. Our opinions reach literally 10s of people daily. Juggernaut of the media indeed. :laughing:
 
Elon has about 150 billion. That will only grow through just investments.

He paid 44 for Twitter. It's his toy. It's also a charge as he is an advocate for free speech. X is a hobby for him and if it makes money, awesome.

I see this as no different that someone like us buying a CNC, tubing bender, etc. Use it for fun and hopefully make a few bucks. It's also a passion for Muck as well and a chance to offer a platform for what he believes in.

A total win-win-win for him and I will bet he is having so much fun with it. His political power grew overnight and steer it towards the right side of history with being all-in for freedom. Pissing progressives off is icing on the cake.
 
Bonanza said:
I suppose the simplest it can be is whether something is worth more now, than what it was paid for then.

Is Twitter today worth more than what Musk paid then? If not, by a pure business metric, I can't see the argument for how Musk has improved the company. Companies exist only to make money. Again, if he bought it as a toy, then I agree it matters not what it's worth then or now.
Click to expand...
You can't really put a price on it till it's up for sale. If it was based on stats, he can claim actual user numbers free of bots. He can also show operating cost reductions. Advertising income? Who knows after he told them to go fuck them selves.

Point is, without access to all this data, pricing it is nothing more than a guess.since we know the media would never lie about anything, that graph is worth what you paid for it.......
 
ohc=677IvNegnqIQ7kNvgE5fHu1&_nc_ht=scontent-sjc3-1.jpg

I disagree, Elon. Your title should be "the axe".
Now start swinging like a kid at a pinata party.
 
Bonanza said:
I feel the .gov needs a lot of red ink. But going about that takes discretion, not a burn-down-the-house approach. I am watching the situation unfold in Argentina for a real world example of this. So far, his (Milei) austerity measures appear to be working, suggesting a sledgehammer approach could have merit. So we'll see.
Click to expand...
Yeah, cutting spending discretely sounds like a great plan. The poor .gov is so underfunded they can barely operate...


Bonanza said:
Yes I admit Musk is speculating the company he bought is now worth half than what he bought it for.
Click to expand...
You brought X up as an example of his fiscal malfeasance.
As you well know, he didn't buy it to make a profit, but to support free speech.
 
bgaidan said:
Neat. Now do SpaceX.
Click to expand...
By all accounts Space X is doing very well, called the second most valuable startup in the world. Credit where credit is due:

www.latimes.com

SpaceX tender offer said to value company at record $210 billion

SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the company's value closer to $210 billion.
www.latimes.com www.latimes.com

Granted, it seems while Musk is laden with different titles, he prefers to focus his efforts on design, while the business duties are delegated.

"In an 2016 interview with Y Combinator founder Sam Altman, Musk said Shotwell manages every aspect of SpaceX except design and engineering so that he can focus on just those two things."
https://observer.com/2021/09/elon-musk-spacex-title-design-engineer-rocket/
“A lot of people think I must spend a lot of time with media or on business-y things. But actually almost all my time, like 80 percent of it, is spent on engineering and design….developing next-generation product,” Musk told Altman. “She (Shotwell) manages legal, finance, sales, and general business activity. And then my time is almost entirely with the engineering team, working on improving the Falcon 9 and our Dragon spacecraft and developing the Mars Colonial architecture.”

Of my many faults, I can't design a rocket. Musk can. I'd pick him to help design rockets, sure. But despite being so good at that, his clownish behavior off the clock indicates he's a back room kind of guy. Not one I want at the levers of the federal government.
 
Bonanza said:
But despite being so good at that, his clownish behavior off the clock indicates he's a back room kind of guy. Not one I want at the levers of the federal government.
Click to expand...

Ummm….
 
Drummer79 said:
Maybe, but black voters interviewed by Don Lemon, a total Democrat stooge, are saying nope to Kamala.
Click to expand...

It's about as razor close as its been, if polls are to be believed. We'll see. 2 months away, it's anyone's race to win or lose.

1725656093587.png
 
Bonanza said:
But despite being so good at that, his clownish behavior off the clock indicates he's a back room kind of guy. Not one I want at the levers of the federal government.
Click to expand...

Bonanza, how about you take a gander at "The Real Anthony Fauci" and report back? Its well worth yours and anybody else's time that can stomach it. Citations beyond citations; where are the lawsuits for libel and slander against him? Speaks volumes in itself. Then lets hear about any opinion you may have about the current and future credibility's of those within the federal government? I'm only a couple dozen pages in and I'm starting to believe it akin to the matrix red/blue pill dynamic, already plan on leaving copies with a few select fellows upon my exit of my current employment. :flipoff2:
 
Bonanza said:
Under what metric would X be considered to be doing well?
Click to expand...
What's X's #1 competitor that everyone will use instead? What's the Ford to their Chevy?

I don't think there really are any worth mentioning. And so people will continue to use X long after the Musk rage blows over.
 
Sandy Johnson said:
What's X's #1 competitor that everyone will use instead? What's the Ford to their Chevy?

I don't think there really are any worth mentioning. And so people will continue to use X long after the Musk rage blows over.
Click to expand...

They went to um that other company?
 
FleshEater said:
Holy shit. Bonanza’s faith in the federal government is fucking hysterical. From what I’ve seen IQ’s above 5 out number intelligent people 20 to 1. Maybe 200 to 1 in some areas.
Click to expand...

To be fair… intelligent people tend to have iq’s above 5 as well…. :flipoff2:
 
FleshEater said:
Holy shit. Bonanza’s faith in the federal government is fucking hysterical. From what I’ve seen IQ’s above 5 out number intelligent people 20 to 1. Maybe 200 to 1 in some areas.
Click to expand...
I actually don't doubt this. :dustin:

Like I said, gimme the red pen and I'll go to town. Starting with:

Transgender programs in Pakistan
TSA
IRS
CIA
ATF
FBI
Aid to foreign countries hostile to US Interests
etc
etc

1725658684543.png
 
You must log in or register to reply here.
Top Back Refresh