459
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 18 Jun 2024
459 points (98.9% liked)
News
23435 readers
819 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Please tell me again how the US is land of the free, and only China controls who's allowed to run businesses?
Elon isn't my patron saint, but from a business perspective he's batshit crazy enough to actually disrupt markets. That's the whole point of the USA right now isn't it?!
Some are collasal failures and others are immense successes. Just let the dude be crazy and innovate. Nobody is forcing you to buy Tesla stock. If there was a company that had a baboon as the CFO and every time it pressed a button the company would just light $1m on fire, and you know this because it's one of the world's most famous baboons, and you choose to give this company your money, why am I supposed to feel bad when the baboon presses the button? But when it doesn't light money on fire and instead creates a lot of money, that's ok. Shareholders get to keep 100% of that fake profit. But everyone gets to subsidize when the shareholders lose money.
Let idiots be idiots. It's the free market.
Securities Fraud isn't “disrupting markets”. Its a crime
Yeah, fuck laws, Right?
Laws that go against the doctrine of your country while at the same time proclaiming loudly you do it best in a different way. That's hypocrisy. It only works with idiots, ie Americans. The rest of the world has had enough of your shit.
Please show where and when the doctrine of a totally unregulated free market was established.
You're a satirical genius! Can I have your autograph? I've never seen such a good impression of a rabid Muskrat before.
I'd love to see your material on sovereign citizens next; their delusions are even more fun IMO.
People like you would absolutely hate what a "free market" actually is because it means monopolies and price gouging and that means you would be paying far more for everything.
Nope. Even the Silicon Valley cult wants to disrupt the markets by being more profitable than others, NOT by being an incompetent and unhinged fraud like Musk.
He hasn't been innovative, he's been throwing money at others to innovate for him. Sometimes he'll give them vague (and often impossible to follow) guidelines, but otherwise, he's in the business of spending money so that other people with actual expertise make money for him.
That's why he's made such a shit show out of Twitter: for the first time, he's not just the money man. He's actually the one making important decisions and he's REALLY fucking bad at it.
The fact that he's a narcissistic bigot who loves the far right and will do anything to avoid admitting his mistakes of course compounds the harm.
Because cult brainwashing and hero worship of conmen are things. Like with Trump, some people think Musk can walk on water and would follow his lead and back his companies no matter what.
When those people lose their life savings, they aren't the only ones getting hurt: their families who might disagree will be destitute too. Them not having money to spend on goods and services hurts local businesses that they might otherwise spend money on. It all ripples out and, when the scale is big enough, hurts everyone except the debt profiteering vulture industry and the baboon himself.
The market is NOWHERE near free. The deck is very much stacked in favor of billionaires, especially hectobillionaires like Musk. And even THEN, he still breaks the law to stack it further, to the detriment of society as a whole.
That's not letting idiots be Idiots (which is already a bad idea, as I explained above), that's letting an already extremely privileged money hoarding man-child defraud everyone else to further increase his obscene dragon's hoard of riches.
You missed the point entirely as expected. Americans obviously cannot think critically.
Nobody said Elon is the engineer behind all his successes. Those that do, are easily proven wrong and if they want to throw all their money away, let them.
The US let's people gamble. Go $100k in debt to study Mesopotamian pottery making and then become a barista. All the normal people with pensions that lose everything in restructuring like GM or many of the airlines, etc prove the US doesn't care most of the time. They pick and choose when to be burdens. The US government bailed out banks, car companies, and lots of other industries at a tax loss. But the people of say Enron, got nothing. The victims of Bernie Madoff, got (almost) nothing.
If you invested with Madoff, and lost everything, why don't you get money back too? He wasn't crazy. He was backed by 2 independent US credit and backing and auditing agencies. The SEC was paid off to not look at things with him and many of the frauds that led to the 2008 collapse. Elon, you know is crazy. If you don't know he's crazy, that's a personal problem.
The US also doesn't require a cognitive test of any kind to invest all your life savings into something. If you want to sell everything and buy Trump Steaks with Bible verses on them, nobody will stop you. That's freedumb.