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He has a habit of finding the single strongest and most entrenched players in our society and then targeting them. He's targeted the automotive and fossil fuel
by TangoTrotFox 8y ago
He has a habit of finding the single strongest and most entrenched players in our society and then targeting them.
He's targeted the automotive and fossil fuel industries. These are companies that are extremely intertwined with the government and subject to immense cronyism. We paid tens of billions of dollars to keep the entire vehicle industry in business. Ford is the only company that wasn't directly bailed out. Instead we have them a $5.9 billion loan at sub-inflation rates, which they unsurprisingly have not paid back - thanks to the ridiculous interest rate the government set, that loan becomes worth less and less the longer Ford holds out on paying it back.
And then of course he's also gone after Boeing/Lockheed which again follow the exact same pattern of deep entrenching and cronyism within the government. They, in an anticompetitive merger known as ULA, have managed to get the government to pay them $800 million a year to do literally nothing. It's called their 'launch capability contract', which is them convincing the government to pay them a billion a year just to exist.
And then most recently he's also decided to go after the media which is another extremely incestuous and entrenched industry that seems to be regularly driven by factors beyond simply going after the truth.
In a nutshell, he picks some of the most entrenched and influential people to make enemies with, and then goes full steam ahead. Probably the exact reason that he's loved and hated.