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>> The government chose to take on the risk Government officials didn't risk anything, they risked other people's money (tax payers). That's literally the mean
by cryptica 6y ago
>> The government chose to take on the risk
Government officials didn't risk anything, they risked other people's money (tax payers). That's literally the meaning of "socializing the risk."
It was certainly his choice to apply for government aid and to use his exposure in the media to give himself leverage over politicians.
It's fine to think well of Musk but to suggest that it's all perfect and fair game is extremely misleading.
Him and the rest of the Paypal mafia have been hoarding attention in the media for decades... Hoarding opportunities.
- elindbe2 6y ago> Government officials didn't risk anything, they risked other people's money Government has its own accounts, therefore it has its own money to spend. It doesn't matter that they get that money from taxpayers, it belongs to the government by law. > leverage over politicians What leverage over politicians was used and what objectives did it achieve? Please give specific examples. AFAIK, the EV credits were designed to get more EVs on the road to reduce pollution and were successful at doing that. They are also not limited to Tesla. > hoarding attention What does that mean? You're complaining that people write articles about Musk?