There is a reason the push on climate change is so hard now. Obama is down to 18 months and the reality is it is just this year given his huge losses at every level of govt last year and the Presidential election. Obamacare costs are exploding and there simply is no where to go to raise any direct money. Green Scam is the answer. Tax carbon, fine and penalize and then re-distribute the money. Problem is they never figured on fracking and the literal 500% increase in oil and gas reserves. so here is what Obama is going to do somewhere in the next 3 months IMHO:
He will USE the EPA to 'suspend" fracking for environmental reasons
He will use Obamacare Medicaid funding to implement Green energy Standards like California has Mandated.
-Guess which state on the mainland has the highest energy costs?
Why does he have to be profitable-this is a government agency not a company. government is the only entity that can run year after year after year losses and still be around. see the Post office, Amtrak....and Green Scam.
With what cash are they able to build it? they just burnt through 592 million in 90 days and according to the CFO 400 + of that was for engineering issues with the Model x. At their current burn rate they are another 300 million lower in cash since the end of March...........but don't worry. elon will tweet something....
How about we remember the Democratic party through out over 5000 military votes in an attempt to steal the election in Florida?
anyway, I read that Americans have now footed the bill for Green Scam energy projects to the tune of over 800 billion since Obama has been President......and the cost of Green energy is still 40% more expensive.......
Really? Well then, lets pass a 2 trillion a year tax, trade carbon with goldman sachs and make al gore the richest man in the world while doing it. that would fix it....unless of course the entire thing is a hoax the left is using to find a way to pay for the 18 trillion in debt we have now and growing by a trillion a year.
If you like your doctor you can keep your doctor....right?
Everywhere the progressive movement goes it always brings, huge debt, high taxes, government that gets to at least 40% of the economy and the complete disappearance of the middle class. Instead, you end up with the very rich who are connected with government official and the working poor. It is the complete opposite of the progressive spin that it is the capitalist who destroy society. That is their hook they depend on uneducated totally dependent zombies and if they can not create enough they simply import them via illegal immigration. See Europe for how that has turned out-or for that matter look at the California economy since the mass, illegal immigration started in that state.
70% of our national budget is now Progressive Entitlement programs and is growing because of Obamacare and the relaxing of Welfare requirement-and of course-15 million completely uneducated, low skill immigrants forced into every corner. How is it that Philly, LA, NY are allowed to call themselves 'sanctuary cities" where illegals can hide without worry of the law?
History is full of the nature of man to steal from others and use ignorance as an enrichment tool. It is hard to believe that in this country we now have 92 million people of working age not working. 45 million on food stamps and over 13 million collecting disability. 50% pay no net Federal tax and the only area in the country that has grown its economy for every one of the last 6 years. Dc-it is a boom town...but...it also has the highest % of abject poverty. exactly as the progressives have always done.
"The Left always comes to do good...and the DO VERY WELL INDEED!!!!!"
There is no hope if we do not stop the Progressive regression kicked into high gear by Obama. govt has grown by over 35% while the economy has shrunk...the two are not an accident. See Europe ....they did this 30 years before us and they are essentially a government run enterprise with friends and relatives allowed to run businesses.
Always remember "When Liberals come to do good...they do VERY WELL INDEED!!!!!!! Saddest part is it is usually at the cost of the poor and all expenses are backed by taxpayers.
When asked by a Lib Reporter Christiana Amanpour from CNN" Do you think there is room for forgiveness to those who harbored the terrorist who are responsible for 9/11?" His answer:
"Forgiving them is God's function....My job is to arrange the meeting".
I don't see a negotiable Red Line there........Liberals will destroy every country they get in charge of every time. It is a 100% certainty.
I tried to read that but I had to delete my e-mail records because the fbi was knocking on the door....what was that about no proof?
Good luck with that Phil. last election Obama got the smallest % of white voters in Democratic party history. what happen was 7 million stayed home....which is why the Mistake was the first president re-elected in our history with less votes then his first election. No idea at this time who will win but I will bet this all day-Hillary will not get 38% of the White vote. Meaning, if white turn out she has to get 90% of Hispanic and 99% of blacks...and they have to come out in numbers like never before. Or, you could just import 15 million real quick.......
Pardon, while the Dems still had control of both houses with the Mistake in charge....fortunately, the Mistake has lead the two largest back to back mid term losses in US History...
And today it is 18.5 trillion and The Mistake has 18 months left.........And The Mistake pulled out of two wars, raised 34 taxes and created 7 brand new ones....and will still add 10 trillion in debt.
Literally, there is not a place in the entire world that ever survives Liberalism or its direct decisions. It has brought more death, destruction and misery to mankind and keeps doublings down.....with somebody else's money.
10 trillion of new debt -100% increase under The Mistake
65% of working age people in the streets throwing rocks and buying $300 sneakers
a 27 million people increase using food stamps-in a boom?
FED printed 2 trillion of money
World on fire
There will be a 2.5 billion dollar offering lead by Morgan Stanley priced about 200 a share
30 to 45 days AFTER that offering Musk will announce X will be delayed
3 days after that Musk tweets potential partnerships for battery.
Tesla is not cash flow positive in 4th quarter as they said 5 times now they would be
NOT ONE GOVT AGENCY FILES SUIT NOR DOES ANY LAW FIRM. They all know if anybody sues any Green Scam company for fraud the Obama Justice Dept will make sure that firm has a hard time getting any new business.
In the mean time, they have burnt through 950 million of cash in 6 months. car sales are flat for past 6 months and projected for the next 3 months. china is almost dead. Norway is stopping the tax giveaways, and the Model X is not schedule now until "late 3rd quarter". But, according to the CFO, 400 million of the cash burn in qtr 1 was a result of "engineering issues" around the Model X. Sound ready to you?
So, the Magic Musk has a meeting where he introduces a $3500 batter y that actually will cost $10,000 installed and is the same technology we have seen for the last 10 years-it is just packaged prettier. Batteries have a 9% Gross Profit Margin...but first he needs 3 billion to build a factory.
In the end, Musk has a product where there is zero demand unless government is paying for almost everything or forcing it on business. There is a reason that 80% of all US sales are in California-they mandated Green Scam and for Tesla a buyer gets an additional $2500 of their neighbors tax dollars to buy it.
This is the greatest scam ever played on US business. The EV Credits die at the end of next year............Wall street will do everything they can to pump this and cash in before that hits......
Yeah...65% of the country absolutely hates Obamacare but gop is going to be blamed. & states who set up exchanges have dropped them because the costs are too high and the enrollment is way below plans.....If the Supremes kill this thing it will be the greatest act of patriotism since Lincoln let Lee surrender and pledged to Rec0nstruct the South no destroy it.
Obamacare is not insurance or health care-it is the largest welfare program in US history. 87% of the people on the plan who did not have insurance before are paying nothing for it now-nothing. Everybody else is seeing 20% plus price increases and 100% increase in out of pocket expenses not covered.
What the American people will remember is who passed this garbage and how they did it-a 100% lie.
Between these 7 states they have received over 3 billion of taxpayer funding to try and get the exchanges set up by the states but they all failed due to lack of enrollment. And these are some of the most liberal states out there. This thing is a total disaster that keeps getting worse
The people know it which is why the approval rating keeps falling and the press refuses to cover it.
Saw the most recent numbers from the govt for tax and receipt collections through April. Since the start of October ( govt fiscal year) the US has collected 1.92 trillion in taxes-the highest ever. but they are still running a 300 billion deficit. Meanwhile, Chicago has been lowered to junk ratings for its debt. Obamacare is running 4 trillion over budget, we have spent over 1 trillion on Green Scam, and Baltimore is on fire with abject poverty after receiving over 5 billion in $ since Obama has been President.
Of course, at least the rest of the world really respects us. Oh, wait a minute....
Dilution coming and stock issuance of 200 or so a share. Why is it that everything Liberal has to be sold as a lie and funded by taxpayers? Quickest way to end an interview with Musk or any Liberal: Ask how they are financing their plans.
The cars are not selling in increase numbers for over 9 months so he comes up with a battery that is no different then anything on the market for the last 10 years...and of course-he says it is $3500 when the real price is close to 10K BUT you will get 6K from your neighbors wallet via a tax break. You watch : shortly after he puts this company in another 3 billion of debt there will be an announcement that the X Model is being delayed. The CFO said that 400 million of their cash burn in the first 90 days of 15 was due to Model X issues. Sound ready to you? Remember...you are dealing with a Liberal before you answer that.....