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How Elon Musk’s endorsement of Trump may have backfired
  + stars: | 2024-09-01 | by ( David Ingram | ) www.cnbc.com   time to read: +4 min
Tesla and SpaceX CEO Elon Musk listens to President Donald Trump during a meeting with business leaders in the State Dining Room of the White House in Washington, Feb. 3, 2017. "They want to make Trump, Elon and people like them look like plutocrats," he said. "Elon Musk created the opportunity that Donald Trump took to unmask himself as rabidly anti-union, and he did that by praising Elon Musk's anti-union, union-busting perspective and endorsing the idea of illegally firing striking workers," he said. Harris, who is not related to Kamala Harris, said he views Musk's endorsement as a net negative. "No one views Elon Musk as a voice of the middle class," he said.
Persons: Tesla, Elon Musk, Donald Trump, Evan Vucci, Brendan Steinhauser, Mitt Romney, Steinhauser, Musk, Trump, Chip Somodevilla, Seth Harris, Joe Biden, Elon Musk's, Harris, Kamala Harris, David Nasaw, William Randolph Hearst, Andrew Carnegie, Nasaw, Franklin D, Roosevelt, Biden, Hearst Organizations: SpaceX, White, AP, Trump, Elon, Republicans, National Labor Relations Board, Labor, NLRB, Teamsters, Republican, International Brotherhood of Teamsters, Getty, Burnes Center, Social, Northeastern University, Hearst Locations: Washington, Texas, Michigan, Washington ,
This action may have shocked some old-line conservatives who still thought of Heritage as a serious institution, but Heritage is, after all, just a think tank. It’s not as if upside-down flags were being flown by people we expect to defend our constitutional order, like Supreme Court justices. Why would billionaires support Trump? Stock prices — which Trump predicted would crash if he lost in 2020 — have soared. High interest rates, which are a burden on many Americans, are if anything a net positive for wealthy people with money to invest.
Persons: Donald Trump, , MAGA, Robert F, Kennedy Jr, Biden, Trump Organizations: Heritage Foundation, Trump, Heritage Locations: Silicon Valley
President Biden delivered a flurry of attacks on former President Donald J. Trump during a Tuesday speech in Pennsylvania about taxes and economic policy, painting his Republican rival as a puppet of plutocrats who had ignored the working class. But in a speech that signaled the Biden campaign’s intention to make the 2024 election a referendum on his polarizing Republican opponent, the president returned again and again to Mr. Trump. His jabs at his predecessor took aim at the former president’s wealthy upbringing, his friendships with billionaires and his 2017 tax cuts that disproportionately benefited America’s upper crust. “Donald Trump looks at the world differently than you and me,” Mr. Biden told a crowd of more than a hundred supporters at a cultural center in Scranton. How he can help his billionaire friends gain power and control, and force their extreme agenda on the rest of us.”
Persons: Biden, Donald J, plutocrats, Trump, Donald Trump, ” Mr, Organizations: Trump, Biden Locations: Pennsylvania, Scranton, Mar
What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." By 2003, research found that more young readers seeking solace turned to the Chicken Soup series than to the Bible. What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!
Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, , Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife
What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. What began as Chicken Soup for the Soul board games and calendars turned into pet food, barbecue sauce, and — yes — soup. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!
Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, , Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife
Opinion | The Paranoid Style in American Plutocrats
  + stars: | 2023-08-28 | by ( Paul Krugman | ) www.nytimes.com   time to read: +2 min
To value the scientific consensus, in other words, you have to have some respect for the whole enterprise of research and understand how scientists reach the conclusions they do. You can understand how the person in the street might not get what scientific research is all about. But you might think that businesspeople, especially those who’ve made money in technology, would appreciate the value of research and technical expertise. Indeed, there’s a widespread belief that the generations-old system of fiat money issued by governments is a Ponzi scheme that will collapse into hyperinflation any day now. It’s happening.”Now, I’m quite willing to admit that monetary economics isn’t as solid a science as epidemiology or climatology.
Persons: who’ve, Anil Dash, “ V.C, Jack Dorsey’s, I’m
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