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Market politics

Discussion in 'TSLA Investor Discussions' started by Lessmog, Feb 3, 2018.

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  1. wdolson

    wdolson Supporting Member

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    Louisianian is worse. New York has a lot of government people who get caught, but Louisiana is systematically corrupt. In a lot of ways Louisiana is a 3rd world country. Angola prison in Louisiana is quite possibly the worst in the US.

    Here on the west coast we had access to who Trump was. Nobody around here believed he could possibly win because he is such an obvious buffoon. He is only where he was because he's been very lucky not to get caught with all his criminal schemes, but regulators were mostly looking elsewhere.

    He also has one single talent, he can sell anything to a specific type of person. If he hadn't been born into money, he would have been a very successful used car saleman in one of those places that offer financing for people who have bad credit. People with a better developed BS detector see him coming miles away. New York City people in specific saw through him and thought of him as the town joke because it's kind of in the NYC DNA to be cynical of anybody pitching something that looks too good to be true.

    Replacing oil heat with natural gas has a lot of advantages.

    In the 90s there was a big hoo haw about getting rid of the Rural Electrification Program which had become obsolete, but its mandate should have been expanded to bring infrastructure to rural areas. Internet access in a lot of rural areas is horrible.
     
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  2. dmunjal

    dmunjal Member

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  3. BioSehnsucht

    BioSehnsucht Model 3 LR

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    I saw that the other day. I am wondering what she specifically has a problem with. I know GF2 is slow to get going, so I can see an issue there. But generally everywhere else they've either paid back loans early, or otherwise generally made good on things. Surely she doesn't think EV incentives are somehow "handouts for the rich"... surely?

    I am hoping her ire is focused, as a NY resident, on GF2 - since that would at least be relevant. That has taken ages and technically switching from the original Silevo plans to using Panasonic may have been a bit iffy as to the terms of the agreement with the state for setting up the factory, but it's not like somehow trying to turn back the clock on that is going to help things in any way.
     
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  4. traxila

    traxila Member

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    I will give the benefit of the doubt and say she is just ignorant here and not flat out stupid or already paid for by the fossil interests. While I like her story, I am not impressed with her statements so far.

    I do acknowledge that she will be frequent easy target of fake news so it will be hard to get a handle on what is really going on with her unless I invest time I do not have into vetting this stuff.
     
  5. lolachampcar

    lolachampcar Active Member

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    Do you really expect Ocasio-Cortez to understand risk, return and adding value?

    The problem with Republicans is that they are competent. We provide the incentive to our elected officials. Those competent Republicans are responding to our incentives and are all turning to being crooks. The Dems are crooked as well, they just are not as business savvy and/or competent as their counterparts and are thus slightly less good at being crooked.

    What did Bannon say? Something like the Dems are idiots. They keep bringing pillows to a gun fight.
     
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  6. MikeQ

    MikeQ Member

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    Isn't her beef really with the politicians that made poor agreements with Telsa? If they wanted a concrete guarantee on their investment, they should have had a clear path to recoup the $750 million that was invested. Tesla has requirements to employ a certain number of people and they are on a path to meet that obligation. They also have an obligation to spend $5 billion in the state over the next decade. Shouldn't she give them their 10 years before declaring ""We got nothing"? She seems like she just latches onto the "twitter outrage of the day" and comments on it without much understanding of the situation. She seems to be passionate about her "Green Deal" and I would think that Tesla would be an ally, not an enemy. She's also a socialist that believes every person should have a guaranteed job paying a miniumum of $15 an hour. I suspect her hatred for billionaires and the evil 1% is clouding her judgement in this situation.
     
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  7. traxila

    traxila Member

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    It does not seem that she comes from a generation that is into nuanced positions. She has beefs with the status quo and the democratic machine in NYS. That is all good.

    Attacking corporate welfare with her bullseye on Tesla? This is deranged and at seeming odds with all of her new generation pseudo green politics. Does she even know what Tesla makes? Maybe not.
     
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  8. dmunjal

    dmunjal Member

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    She has an econ major.
     
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  9. AudubonB

    AudubonB Mild-mannered Moderator Lord Vetinari*

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    It is unseemly: I agree.
    Has anyone learned of any publicly-shown backlash to her Tesla statement?
     
  10. JRP3

    JRP3 Hyperactive Member

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    I was hoping, though not expecting, a clear refutation of her claims from Tesla.
     
  11. traxila

    traxila Member

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    Tesla is much better off getting on with their business. If she is really that deranged you do not engage the enemy. If she just needs to get her message in order then you give her time and space for cordial future relations. Either way make solar panels and waste no time on her right now. Get your paid lobbyists involved for dialogue if anything.
     
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  12. MikeQ

    MikeQ Member

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  13. bobinfla

    bobinfla S-Vin 4086 Rdstr-Vin 0019

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    I have to say, I don't disagree with some of her sentiments.

    If XYZ company is going to build a facility and have operations somewhere, why don't we just let them do it? City A ends up throwing all sorts of incentives at them so they don't get to City B. Then on the next project City B throws incentives at ABC Company to get them to open there. End result is that City A and City B both coughed up incentives (at taxpayer expense), while ABC and XYZ Companies both got great deals. Carry that out through many companies and many cities and you've built a system of corporate bribery using the tax payers money. Why don't we just let XYZ and ABC pick somewhere without the incentives, since they will pick somewhere anyway.

    I don't know what her comments on the truckers were. But I understand that driving, whether it's a long-haul trucker, local delivery driver, cab driver, bus driver, limo driver, etc., etc., is the single largest occupation in the United States. When self-driving really hits, it is going to have a large impact on the economy. I know that in the past, new career paths have opened up to take on the workers displaced as things became obsolete, but at some point I think that theory will break down. Eventually I think we will have to go to a universal basic income system.
     
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  14. MikeQ

    MikeQ Member

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    But it's not the companies fault that politicians are offering incentives. Go after the politicians, not the company getting the incentives. Who would turn down free money?
     
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  15. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    Oh, I have four different citations for that one.

    The 1 Easy Way Donald Trump Could Have Been Even Richer: Doing Nothing
    (Paywalled)

    What's More Lucrative: "The Apprentice" or the S&P 500?

    Would Donald Trump Be Better Off Investing In Stocks?

    Donald Trump isn't rich because he's a great investor. He's rich because his dad was rich.

    FYI, some of the other people analyzed by these articles (Gates, Buffett, even *Michael Jackson*) made investments substantially better than the S&P.

    ----
    It's also documented that Trump has been lying about his wealth, BTW; he originally got on the Forbes list by claiming his father's assets as his own. He didn't actually qualify.
     
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  16. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    Oh, it probably is, now that you mention it.

     
  17. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    She has the sense to realize that automated trucking is happening period, and is calling for Medicare-for-all. Musk would agree.
     
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  18. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    And if she is indeed attacking the payouts to GF2, Tesla's priority should be to show results from GF2.
     
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  19. MikeQ

    MikeQ Member

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    #1599 MikeQ, Dec 6, 2018
    Last edited: Dec 6, 2018
    No, Tesla's priority should be to put resources where they need to be. Right now, GF2 is definitely not the place. The only obligation they have is to put 5 billion into the NY economy in the next decade. That was the agreement that was made back when AOC was working in a diner. They shouldn't be doing anything solely to placate a misinformed politician. If the politician has a problem with the payouts, she needs to take it up with the people that put up the $750 million and set the terms of the agreement. She needs to give Tesla the 10 years to meet the agreement.
     
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  20. wdolson

    wdolson Supporting Member

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    Donald Trump ticks every box:
    8 Signs Of Malignant Narcissism
    Malignant narcissism - Wikipedia

    Last week Lawrence O'Donnell summed up the three things that motivate Trump: Fame, Money, and Sex. They feed each other and he really does not care about anything else.
     

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