This is a most excellent place for technology news and articles.
Arrest Musk on violation of controlled substances acts, file immigration violation charges, invalidate his ownership shares due to securities fraud, as he falsified education and naturalization forms.
Or just emminent domain the shit. The Law is just made up right now.
The precedent that will set and the implications... No... We should not do this.
Health insurance, ISP, Oil Cos, and utilities should also be nationalized. The US is a weird place where everything is a business. A shithole capitalist hellscape
Nationalization is the opposite of privatization, it's how the US's bureaucratic state was really built, we should absolutely do this and right now is the time
One way to get businesses to move their factories back to the US due to tarrifs: Start nationalizing them.
/s
I've been saying this for years. the footprint that spaceX represents in national launch authority is out of whack to say the least.
The only reason SpaceX exists is because Boeing and Lockheed managed to compete so badly the only solution was to merge their launch businesses.
So we had one launch company, then spaceX made it two providers, now its back to one because B-mart is using antiquated launch systems (single use).
When's the last time the US nationalised something?
Conrail?
Racism. 1776.
I think during world war 2. But things were worse then 15% unemployment and people still had massive economic leverage. I don't think the US government is nationalizing anything anytime soon now. Neither party will participate in it because they are in the pockets of the oligarchs.
The automotive manufacturers General Motors and Chrysler were partially nationalized in the wake of the 2008 Financial Crisis as were several banks... these were less a full government takeover and more of a government guided restructuring, but the government owned large stakes in these companies. Before that, the only full nationalization of anything substantial was the bankruptcy of the Penn Central Railroad and subsequent establishment of Consolidated Rail (branded as ConRail) the US's only national freight rail company.
Conrail was later privatized into what is now the private companies CSX and Norfolk Southern. The collapse of Penn Central was the largest bankruptcy in history until Enron in the 1990's. Amtrak, our national passenger rail corporation, is also a nationalized entity created around the same time as ConRail, for similar reasons, and is still nationalized (although the Trump admin wants to privatize it).
Tiktok?
We should just fund NASA and let SpaceX and Starlink go bankrupt to competitors.
SpaceX and Starlink basically have no competition, and if they did, said competitor would also need to be heavily subsidized.
SpaceX has loads of capable engineers. If NASA gets a massive budget increase, they need to draw from that pool of talent.
The oligarchs wouldn't like that precedent but they might go for purchasing SpaceX since it is owned by a foreigner. Kind of like with TikTok....
I don’t think the majority of Americans understand what that means. They’ll just scream “commies!” And raise their maga flag.
But the idea of a starlink-like business owned by UN would be nice, and not an American corporation owned by a nepobaby Elmo.
In the USA space-x gets away with a lot. A few years ago they announced they were no longer going to bother with getting all the FAA approvals needed for their rockets because it took too long. Space-x still got government contracts.
If your want proof that the wealthy live by a different set of laws, look no further than the time Elon Musk, ceo of SpaceX, went on a podcast and smoked weed.
SpaceX has DOD contracts for launches, and somehow him blatantly violating federal law had no impact on the contracts his company fulfilled for the government.
Do I think weed should be classified like it is? No.
Do I think that everyone should be held to the same standard? Yes. And if anyone else had been involved in government projects while going on podcasts and smoking weed, they’d at the very least be fired.
A few years ago they announced they were no longer going to bother with getting all the FAA approvals needed for their rockets because it took too long. Space-x still got government contracts.
How long back was that? I genuinely didn't hear about that, but I believe that would happen. I tried googling "space x faa" but I'm getting results of FAA investigating rocket issues and approvals of rocket models.
Yeah, let's give the trump administration the power to seize companies it doesn't like, that is a great idea that def won't be abused all the time
Congress has always had this power. I'm personally for nationalizing telecomm companies.
Health; education; energy production; food production & distribution; water; housing; mass transit and telecommunications should all be classified as essential services and nationalised. Everything else can be whatever.
