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Elon's cover is his wealth, not politics. There's a saying that goes something like, "If a law is enforced by a small fine, the law doesn't exist at all." Tha
by smt88 5y ago
Elon's cover is his wealth, not politics.
There's a saying that goes something like, "If a law is enforced by a small fine, the law doesn't exist at all."
That's true for all laws for Musk. We currently don't have any form of law enforcement that would result in material fines for him, especially from the SEC.
That's not a political situation. It has transcended many administrations. If Musk were to receive a painful fine, a judge would likely say it was excessive when compared against his crime.
For example, if Musk causes $10B of damage to someone else and is fined $20B for it, it's still not enough to really harm him that much. And that would be (by far) the largest fine assessed against an individual in US history.
The problem is that Musk has accumulated so much wealth that he is untouchable. We should never have allowed any single person to accumulate that much power in the first place.