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Like those banksters, in Musk's case, profits are created with billions of taxpayer funding provided in response to fraudulent stories of global warming. I have absolutely no respect for looter Musk or any other so-called businessmen who have exhibited such tendencies.
I prefer entrepreneurs who take no government handouts stolen from honest people. I could apply for government payments for my business during the current unpleasantness, but I will not follow the example of Musk or Harvard.
Honest businessmen get profits from customers voluntarily buying their products as Dagny's John Galt line did from Rearden Metals. Musk is getting his like Jim Taggart and the banksters.
The PPP program to make up somewhat for the government artificially forbidding me to stay open and make a profit (hopefully) isnt one of the worst things. Basically it doesnt give me profits, but just is an alternative way to get money into the hands of the workers other than unemployment.
The bad part is that no one who is unemployed wants to work until after 7.31.2020 when the free $600 per week unemployment kicker ends.
Agree completely on the $600/wk bonus payments. Getting back to a free market will probably require armed revolution.
The government support payments are continuing for Tesla from the Chinese Commies. https://www.zerohedge.com/technology/...
https://www.zerohedge.com/markets/hac...