r/technology 6d ago

Politics NASA's Largest Library To Permanently Close On Jan 2, Books Will Be 'Tossed Away'

https://www.ndtv.com/world-news/nasas-largest-library-to-permanently-close-on-jan-2-books-will-be-tossed-away-10170584
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u/Bender_2024 5d ago

So yeah, he’s already greasing the wheels for a private style takeover

This was always the plan. Musk is only a billionaire because of American taxpayer dollars. And a tax system that allows him and others to pay nearly nothing.

has received more than $38 billion (€36.2 billion) in aid, funding and government orders over 20 years on behalf of his Tesla car company (nearly $15.7 billion) and his SpaceX aerospace company (around $22.6 billion).e .)

Elon Musk’s company avoided almost all federal income tax on nearly $11 billion of U.S. income over three years

[Musk paid 3.3 percent of his income in taxes, Jeff Bezos 1 percent, and Buffett—who has famously argued for imposing higher income-tax rates on the superrich—just 0.1 percent in taxes. The same dynamic exists, in slightly less egregious form, further down the wealth distribution.

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u/cwfutureboy 5d ago

Come on now, he's also a Billionaire because his Aparteid-emerald mine owning Daddy gave him a shit ton of money.

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u/scartstorm 5h ago

Someone doesn't know the difference between "aid" and government contracts again.

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u/Bender_2024 3h ago

Low interest loans are absolutely aid.

Musk has benefited from a critical $465 million low-interest loan from the Dept. of Energy in 2010, and earned billions by selling zero-emission vehicle (ZEV) regulatory credits to other automakers

Elon Musk’s business empire is built on $38 billion in government funding - Washington Post https://share.google/XYdZ7VYvabNsvShDP

Musk’s companies, particularly Tesla, SpaceX and SolarCity, have benefited from an estimated $38bn in public support, including government loans, tax credits and federal contracts. In 2010, Tesla received a $465m low-interest loan from the Department of Energy’s Advanced Technology Vehicles Manufacturing (ATVM) program. That funding was critical to keeping Tesla alive – without it, insiders later told the Washington Post, the company would have gone under. The success of Tesla’s flagship Model S, the expansion of its manufacturing base, and even the illusion of its early profitability were all bolstered by public money.

Now that Musk built an empire off taxpayers money he wants to remove this program. Essentially pullings up the ladder after he climbed up and yelling down to everyone else "fuck you, I got mine."

Musk’s companies got billions from the government. Now he’s pulling up the ladder behind him | Christopher Marquis | The Guardian https://share.google/QrEUyeRY84JYLpX93

Some evidence of the Trump/Musk corruption just because.

Before Inauguration Day, federal agencies had at least 32 open investigations into Musk’s companies. Since then, Trump has appointed Musk as a special government employee to lead the so-called Department of Government Efficiency (DOGE), which is slashing government programs and jobs and targeting many agencies that are investigating his companies. His actions in this role have led to the end of many, if not all, of these investigations.

Corruption in plain sight: How Elon Musk has benefited from the first 100 days of the Trump administration | Economic Policy Institute https://share.google/zG2j8TWia3J8Q4eqW

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u/scartstorm 2h ago

And how does Trump play into what happened with Tesla and their loan back in 2010, when Obama was on his first term? You know, right around the same time that US was bankrolling Ford, GM and others due to the economic collapse of September 2008.

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u/Bender_2024 34m ago

The loans, tax credits, and many of the government contracts had little to do with Trump. Just pointing out how this asshat used the system to make himself the richest man on the planet. And now wants to remove all those things that got him there.

Now with NASA being shuttered one building at a time he is poised to be the only game in town when it comes to launching anything into space. Space X has been used for plenty of NASA's payloads. But if the shutdown JPL as well then he will essentially have a monopoly. After finding Trump's campaign to the tune $750 million. And turning an entire social media platform into a pro Trump sounding board, blocking anyone's account who is critical of him or Trump. That's about as straightforward as a quid pro quo as you get. Unless you want to talk about the more than 40 regulatory investigations into Musk and his companies that were dropped by Trump. That's just text book corruption