Arizona Republican Senator John McCain has over his decades in government built a reputation based largely on a few key tenets. As a genuine Vietnam War hero, and as Chairman of the Senate Committee on Armed Services, he is one of the lead defenders and proponents of all things military. He relentlessly champions “good government” – i.e. spending government money more wisely and well. And he has engaged in a relentless pursuit of “campaign finance reform” so as to allegedly remove the undue influence of political donors on policy decisions.
Musk once showed he knew how to fill a market niche, but lately he has specialized in taking the easy way to more wealth, bilking taxpayers out of billions of dollars through various crony socialist schemes requiring generous state and federal subsidies doled out to his high tech money-losing efforts.
Alt-energy/transport-tech CEO Elon Musk and his trio of companies (Tesla, SolarCity and SpaceX) didn’t cooperate with the Los Angeles Times on its article that tabulated his businesses’ whopping sum of corporate welfare ($4.9 billion), and he was predictably miffed by the (accurate) portrayal.
Penn Jillette, the world-famous magician (and fellow of the Cato Institute), has a saying: “Everybody got a gris-gris.” By that, Jillette means everyone has some irrational belief or superstition, something one believes even when knowing it is an unreasonable. We carry these superstitions through life like talismans, and we defend them when confronted with the cold light of reason. My gris-gris is NASA.
Tesla’s once-Teflon Elon Musk has another lithium ion battery fire to explain. Two Model S fires in less than a month have knocked Musk down to earth, while Tesla’s stock has been brought back into this planet’s atmosphere. Despite the Volt findings and the Tesla causes, all is not right in the electric transportation sector and taxpayers ought not to be forced into financing the speculation.