This Document Was Uncovered Today:
Univision, Gawker’s New Owner, lays off hundreds of employees as investigations also focus on Univision executives:
PLEASE MAKE THIS PART OF THE COURT AND PUBLIC RECORDS FOR XP VEHICLES VS. GAWKER MEDIA IN THE SOUTHERN DISTRICT OF NEW YORK GAWKER BANKRUPTCY HEARINGS:
Opposition attorneys in the Gawker Bankruptcy case like to “Pooh-Pooh” the charges that Gawker Media was a participant in an organized crime RICO-violating Racketeering Conspiracy. Today, mainstream news media around the world, along with multiple new federal investigations has PROVEN that we understated the seriousness of the collusion and mobster-ism that Gawker attacked us under. GAWKER ran all of those attacks on XP and XP’S staff, and partners, as a paid retribution program that GAWKER took compensation for. Take a look at a tiny sample of Today’s news links:
“…Some of us were Democrats before the Democrats own leaders decided to line their own pockets with crony payola cash at the expense of their own Democratic constituents. Feinstein, Reid and the rest A**F***ed us as deep and hard as they could… out of pure greed. They deserve the investigations that are now underway and those investigations should probe as deep as anatomy and the law allow. The U.S. Congress needs to go in dry and not stop until these criminals are begging for forgiveness from their epic violations of the public trust. They stole a trillion dollars of the taxpayers cash. Used it to buy hookers and private jets and their comeuppance has arrived…”
David Williams / /
Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks Oct. 2, 2015, at SolarCity’s Inside Energy Summit in New York. Among SolarCity, Tesla, and SpaceX, Elon Musk’s interests got at least $4.9 billion in taxpayer subsidies over the past 10 years. (Photo: Rashid Umar Abbasi/Reuters/Newscom)
David Williams is president of Taxpayers Protection Alliance, a Washington-based nonprofit and nonpartisan organization that researches, and educates the public about, the government’s effects on the economy.
From Enron to Bernie Madoff, at the end of every great American financial scandal, the totality of the perpetrators’ greed seems to be matched only by the public’s incredulity at how such a thing could be allowed to happen.
And thanks to Elon Musk, there’s a good chance we may all be asking this question again soon.
The Senate Finance Committee and the House Ways and Means Committee have launched a probe into tax incentives paid to solar companies, according to The Wall Street Journal. The committee probes, led by their respective Republican chairmen, Rep. Kevin Brady of Texas and Sen. Orrin Hatch of Utah, have found an appropriate and disturbing target to begin this work.
SolarCity, a solar installation company set to be purchased by Tesla Motors Inc., is one of the seven companies named in the initial investigation.
Already grossly subsidized, Musk’s SolarCity has become an albatross of waste, fraud, and abuse of tax payer dollars. As legitimate earnings and cash become even scarcer for SolarCity, its entanglement in the Tesla empire suggests that a drastic reckoning not only is imminent, but in fact emboldening Musk to become more outlandish and reckless.
Notably, SolarCity is run by Musk’s cousins, Lyndon and Peter Rive. During his chairmanship at SolarCity, Musk’s family enterprise has taken in billions of taxpayer dollars in subsidies from both the federal and local governments. But the subsidies and sweetheart deals were not enough, as losses and missed projections continued to mount.
Ultimately, rather than endure the embarrassment of collapse and further damage to the public image of Musk and Tesla, the cousins conspired to have Tesla simply purchase SolarCity this year. The conditions of the deal screamed foul play.
To say nothing of what sense it might make for an automaker to purchase a solar installation company, Tesla stockholders were being forced to absorb a failing, cash-burning company and pay top dollar to do so.
While cost cutting and corporate restructuring should have been the priority for a company swimming in debt and burning through available cash, SolarCity in fact has been doubling down on the failed model of taxpayer support. The desperate thirst for handouts has manifested itself in some of the murkiest political waters imaginable.
Thanks to Musk’s cozy relationship with New York Gov. Andrew Cuomo, a Democrat, the state has granted at least $750 million of its taxpayers’ money to SolarCity, building the company a factory and charging it only $1 per year in rent.
It would be hard to imagine such an operation would not be lucrative for its shareholders. And yet somehow, SolarCity never has made a profit.
It’s not just in New York. In this year’s race for Arizona Corporation Commission, the state’s public utilities overseers, only one outside group funneled cash into the contest.
All of the $3 million donated by that group, Energy Choice for America, came from SolarCity. The beneficiaries are candidates who have signaled their willingness to be part of the “green machine” that greases the skids for lucrative government subsidies.
Burning through taxpayer dollars, buying elections, and expanding a network of crony capitalism has become so inherent to the SolarCity model that $3 million to a public commissioner’s race, brazen though it may be, is only a drop in the bucket for Musk and SolarCity.
In 2013 alone, SolarCity received $127.4 million in federal grants. The following year, in which it received only $342,000 from the same stimulus package, total revenue was just $176 million and the company posted a net loss of $375 million.
Despite an expansion of operations and claims to be the leader in the industry, SolarCity never has been able to survive without serious help from government subsidies and grants. The failure to responsibly turn taxpayer dollars into a profitable renewable energy provider has led to SolarCity’s collapse into the welcoming arms of Tesla.
And with Tesla, SolarCity in fact will be right at home, compounding a disastrous shell game that Elon Musk is playing with government resources.
It has been widely reported that among SolarCity, Tesla, and the rocket company SpaceX, Elon Musk’s confederacy of interests has gotten at least $4.9 billion in taxpayer support over the past 10 years.
This is almost half of Musk’s supposed net worth—taken from the pockets of American citizens and put into companies that can survive only by cannibalizing each other, spending without end, and promising that success is always just beyond the horizon and yet never arrives.
The American people are being taken on a ride by SolarCity, Tesla, and Musk. The ride is fueled by a cult of personality in Musk. And it costs billions of taxpayer dollars as he promises us not only the moon, but to harness the power of the sun and send us all to Mars.
In the cases of Enron and Bernie Madoff, in the end the cheated victims wished to have woken up sooner to the hubris that enabled such a downfall—or that at least regulators had pulled their heads out of the sand before the full impact of the collapse was realized.
We’ve seen this story before and we know how it ends.
The congressional investigations underway not only are necessary but a signal that more must be done, and soon. We may not be able to help Elon Musk stop himself from failing again, but we certainly shouldn’t be the ones to pay for it.
How Did Elon Musk get involved in so many dirty schemes?
– The Center For Ethics In Politics
p style=”margin-bottom:0;line-height:100%;”>“Elon Musk is a Lying Scumbag” say critics!
It is, now, well known that all of Elon Musk’s companies would not exist, today, if not for White House kick-backs and West Wing mandated steam-rolling of his competitors, in order to protect his loose relationship with morality.
The many news article about how Musk has based his whole career on getting handed taxpayer cash, as Payola, in exchange for his partners funding political campaigns, are published around the world.
While Musk may be a con-artist, carpet bagger and public funds thief, one has to wonder if his ability to convincingly lie is incumbent to his nature.
Is he like all of those zillions of guys that you see on that TV show: “48 Hours”? You know, the ones who meet the girl, her family says “he is wonderful”, his co-workers say he “was the nicest guy”. His neighbor says he “wouldn’t hurt a fly’… and you always find out he cut off her head, ate her liver and chopped her into sausage. Is he like that? Always smiling, but hiding a meat cleaver behind the smile?
Musk has taken nearly two decades to sell only as many cars as a “real” car company sells in two weeks? He says he had to “figure out” how to build a car, so that is why it took so long. Is that true? Why did he spend so long, on something so rudimentary, only to have it turn out to be “ the official car of douchebags and assholes”?
In those two decades, he has spent more money on those few cars than other real car companies spent on 10 cars. He says his run of the mill car was “so hard to build” and that was why it was $118,000.00 over budget PER CAR, at the time he applied for federal emergency cash. Was it really hard to build or was he siphoning money out to political campaigns?
He says the car is “Totally different” but it is the same electric car layout that electric cars have had since the 1800’s. The Nissan Leaf and all of the other famous car company electric cars did not have any of the problems, delays or issues that Musk always has. Is he lying or just an idiot?
Critics say that Tesla was created to war-profiteer Afghan lithium that his campaign financier partners had inside deals with Russian mobsters for. They say that Solar City was created to accept kick-backs from Steven Chu at the Department of Energy and that Space X was created so Musk’s partners, at spy agency IN-Q-Tel, could profit off of public surveillance systems. Musk says “no”, in spite of millions of pages of evidence to the contrary. Is he lying?
Bernie Tse, and about 18 Tesla employees, worked for Elon Musk to create a battery sales division, but that fell apart when massive amounts of federal reports emerged, in 2006 and 2007 that proved that Tesla partner: Panasonic, was involved in bribes, crime, dumping, killing workers with poison chemicals and other crimes. At the same time, Elon Musk saw reports that confirmed that his lithium ion would blow up spontaneously, catch on fire when stressed by a car, exude toxic fumes that cause cancer, liver damage, cellular breakdown and fetal mutation and that you had to invade Afghanistan and Bolivia to get the lithium. Even, today, as Tesla’s, hover-boards, and numerous lithium ion devices, explode regularly, Musk says there is “no problem” with lithium ion. Is he lying?
The Department of Energy documents filed by Elon Musk, to get taxpayer cash have over 100 things that Musk promised, in writing, that turned out to never have happened and/or never been true. Did he lie..or just have a few typos?
His numerous divorces and break-ups have resulted in people, who knew him intimately, saying he was a “fraud and a “liar”.
His co-founders at Tesla sued him saying he was a “liar” and a “scam artist”.
His investors have said, in lawsuits, that he is a “liar” and a “fraud”.
Erick Strickland, the head of the highway safety agency, was confronted with covering up the DRAMATIC number of safety issues known about the Tesla. He quit the next day. What doesn’t Musk quit?
In a recent article about Musk and Space X, with a cover photo depicting Musk in the company of rats, his own employees are quoted calling him a “liar”.
There are hundreds and hundreds of news articles describing different things that Musk has lied about.
Is Musk really a liar? Is he a scumbag Silicon Valley misogynist laboring under another facade of self-deluded privilege and narcissistic self-promoting elitism?
While Musk’s partner: Google, gladly spins out Musk’s “Look-at-me” self glorification press hype on a daily basis, is Musk telling the truth in those wild-eyed pronouncements?
In his latest press hype: Musk now wants to build a haven for the 1%, On Mars, much like his peer: Vinohd Khosla tried to build a haven for 1%-ers on a public beach, he took over, in Half Moon Bay, California.
We can only pray that Musk will go to Mars as soon as possible. Ideally, tomorrow…and stay there!