I personally do not like omnibus legislation. But these artificial debt ceiling battles are foolish. And uninformed last-minute meddling will just offend people Trump will actually need in the future. As a successful businessman, Musk might know the value of reducing needless volatility. For all the chaos, the difference in the amount spent is negligible.
You mean like the way he took over Twitter, um I mean X?
Per CNN at 9:45 pm, the Gabriella Miller Act is back in the Senate version of the budget. Of course, everything has to go through Reconciliation.
I felt Musk was foolish in getting Twitter at 44B dollars and all fin experts too said the same.
But in hindsight 32 B dollars (44 minus 12 estimated present value) for twitter not a bad investment for him as his net worth now soared by 200 B. Don’t know if it was his plan all throughbut ot ulti ately worked out for him.
A great ROI lol hahaha (he used his X megaphone primarliy to drive up Trump positive news in the elections).
In the political arena smh Twitter and Tiktok are seemingly much more influential than FB or Insta.
I doubt it was planned, but if future decisions made benefit Musk’s companies, than the decision to purchase Twitter might have been better for Musk than it originally seemed.
Or else he may be convinced HE is the one who can ride volatility to the win while making everybody else have to worry first about surviving rather than besting him.
To be clear: as a separate item not part of the CR, by passing the original standalone House bill that had been sitting idle for months under the presumption it would be easier to omnibus it.
Yes, and NBC says the old House bill the Senate just latched onto was for less research money than agreed to in the Tuesday bipartisan compromise.
Plus, AFAIK they did not pass the language to let kids on Medicaid/CHIPS go to an out of state cancer facility — think Jersey City child going to one of the outstanding Manhattan hospitals. I’m not a raging progressive, but it seems to me bad to cruel to discourage that.
What happened tonight was good for making the Democrats look like the adults. I guess this is an important time to do that so the contrast starting Jan. 20 will be stark. But the GOP did get over on the Democrats with a bill more to their liking than the agreed, carefully negotiated, compromise.
It depends on your agency.
I work at the NIH which is sort of a mixed bag. Those people who handle patients or animals are essential. Those who had ongoing experiments might be essential to keep ongoing experiments working, but wouldn’t be able to start new ones. Statisticians like myself or those who handle grants and protocol review, furloughed.
you got that wrong
Every fiber’s job in Musk’s body IS to provoke needless volatility
with that I agree … what a stupid windfall for him
Even if Elon knew the value of stability he would have difficulty restraining himself. He is hardly the only Silicon Valley heavyweight with this predilection. Unfortunately, sarcastic remarks on the Internet can get lost in the miasma.
This was also another win for Musk if he had any personal objection to regulating deepfakes or to the nitty-gritty of whatever the omnibus bill said about investing in China.
I know the political optics are terrible, but I had zero problem with members of Congress getting a 4% cost of living adjustment. The annual salary for members is $174,000. They’re supposed to get an annual COLA, but they’ve voted to block it for each of the last 15 years. Nobody’s running for Congress to get rich off the salary (they get rich off the lobbying after they retire), and by any reasonable standard $174,000 is a very low salary for a position responsible for overseeing a staff of 20-50, required to maintain two residences, travel every week and engage in high-level negotiations with other officeholders.
I don’t have any objections to a 4% raise, but as a Canadian do not have a dog in the fight.
Wonder why this sat in the senate since March after the House passed it. I feel it was criminal to delay it for 9 long months in the senate.
Is this true
https://x.com/RealSeq16/status/1870243501138391150?t=iEy-3po2_Ti0ztHgP-TVVA&s=19
If yes I feel it is very unfortunate.
Why was it linked to the CR at all when it was sitting in the senate for approval ?
I don’t want to be an accelerationist but it does feel at this point like resisting the most openly corrupt robber-baron in history is pointless. Either people are going to see the corruption in the open and turn against it or not, and some small victory against him will do nothing but possibly encourage the belief that it’s not as big of a deal as it really is.
That’s why you need to use your <sarcasm>sarcastic voice</sarcasm>!
And off of insider trading from regulations and legislation they know to be in the works:
What upright Congressperson would engage in such profiteering? I’m glad you asked.
Stranger
Really the fact that American politicians do so many corrupt things that they don’t try to hide but are happy to vote against their own pay raises should tell you where the real money is.
Looks like it was indeed sitting in the senate after being passed with bipartisan support in the House.
Unfortunate and a criminal laspe of priorities imo.
Chuck Schumer what were you doing ?
Edit : This is regarding the children’s cancer bill. H.R.3391 - Gabriella Miller Kids First Research Act 2.0.
Well, the “real money” is in buying (and selling) politicians, which is what Elon Musk has been doing for years; despite all of his whining and bitching about government handouts and how unfair it is to make him pay taxes when he does so much for the economy by creating jobs, his companies have been the recipient of extraordinary amounts of federal and state subsidies, tax breaks, and handouts. It turns out the P/E ratio of buying a politician is better than pretty much any other commodity, and even those who would like to be above the ethical morass are hard put to raise election funds without bending the knee to somebody. But many congresspeople (on both sides of the aisle) are happy to take lobbyist handouts, accept 529 endorsements worth millions, and use their privileged position to make favorable trades on the stock market, and just endure Liz Warren screeching in the background about how they are here to serve the public and should be obliged to maintain both the appearance and actuality of ethical conduct.
Stranger