Tesla is a car. It’s also a company which makes batteries and solar energy equipment. But mostly it’s a car company. They believe they are a special car company. A digitally anointed brand that deserves the high valuation for ownership of its stock and ownership of their cars. Facts In…
Tag: Elon Musk
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Empathy Suicide?
This last week there has been a remarkable pair of statements from the richest man in the world. The first “The fundamental weakness in western civilization is empathy.” He goes on to refer to empathy as if it were a bug in an operating system. If we could just reboot…
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Ponzi Scheme vs Social Security
The richest man in the world has now proclaimed that Social Security is a Ponzi Scheme. Nothing could illustrate his total misunderstanding and complete disregard for the powerful benefits of the program. Ponzi Scheme The first element of a Ponzi scheme is that the initial contribution is gained through fraud….
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GOVERNMENTS VS CORPORATIONS
There are basic differences between a Government and a Corporation. Corporations The only goal of a corporation is to provide SHAREHOLDER VALUE. That is the mantra of the Business Roundtable. This organization consists of the Chief Executives of 200 corporations. They boast that they contribute to almost one fourth of U.S….
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I AM FROM THE FEDERAL GOVERNMENT
It may surprise the average American to know that in 1980 there were 2.9 million Federal Employees. Today 45 years later the Federal Work Force consists of 3 million employees. During this time the U.S. population has grown from 226 million citizens to 334 million. Our Gross Domestic Product has…