Saturday, February 21, 2026
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Why They Really Hate Elon Musk

by Connor O'Keeffe
February 12, 2025
in Finance
Reading Time: 4 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


As Elon Musk continues to take over and wind down elements of the federal paperwork, institution figures from throughout media and politics are rising more and more resentful of the tech entrepreneur. When you learn a nationwide newspaper, activate a serious information channel, or tune into one of many institution’s many late-night “satire” exhibits, you’re certain to see Musk getting mocked and criticized relentlessly.

He’s framed as a wealthy individual utilizing authorities to get even richer and as a political operative prepared to skirt guidelines and norms to get what he needs. Many institution sorts additionally prefer to remind their viewers Musk is “unelected” at any likelihood they get—a not-so-subtle suggestion that the actions he’s taking in DC proper now are illegitimate.

You’ll additionally hear Musk and his group criticized for conducting a few of their work in secret. After which there’s, after all, the swipe that’s grow to be fashionable within the wake of his gutting of USAID: that he’s prepared to harm poor folks to make himself higher off.

Setting apart the various flaws and inaccuracies with these characterizations of Elon Musk, it’s value noting that each one of them apply much more precisely to the American political institution itself.

To start out, “wealthy folks utilizing the federal government to learn themselves” has outlined the American political system for greater than a century. As Murray Rothbard specified by nice element in his ebook The Progressive Period, the transition from the laissez-faire, hyper-limited authorities system of the mid-1800s was not pushed by the bottom-up plea to guard staff and hold meals clear that we had been taught about in elementary college. It grew out of the popularity among the many heads of business that they may rather more successfully shield their market share from smaller rivals and go on to broaden it in the event that they used the ability of presidency for their very own profit. In different phrases, the important thing to staying on prime switched from innovating to lobbying.

That began with railroad corporations within the late 1800s however rapidly grew to incorporate industrial farmers, healthcare suppliers, and bankers within the early 1900s, adopted by weapons corporations, Wall Road companies, and plenty of others within the second half of the century.

At the moment, just about all the large firms that dominate these industries owe their positions to authorities insurance policies arrange of their favor—to the detriment of the American public.

The trendy political institution is outlined by their willingness and talent to guard and broaden this dynamic. It’s laughable to listen to them falsely criticize Musk for doing the identical factor.

The identical goes for his supposed violation of constitutional guidelines and norms. Lots of the loudest institution voices condemning this habits had been cheering simply as loudly because the George Bush, Invoice Clinton, George W. Bush, and Barack Obama administrations launched dozens of undeclared wars, carried out warrantless surveillance, used torture, carried out extrajudicial assassinations on Americans, and offered help and luxury to Al Qaeda.

On the very least, these are express violations of Article 1, Part 8; Article 3, Part 3; and the Sixth Modification of the Structure, in addition to Part 2340A of Title 18 of america Code.

And throughout the covid pandemic, the political institution took the very same form of method they’re now criticizing Musk for conducting. Federal and state governments rushed to shut companies, faculties, and church buildings and prohibit folks from attending public gatherings—all with out even pretending to care in regards to the constitutional guidelines and norms they’re now feigning concern about.

Subsequent, the implication that what Musk is doing is illegitimate as a result of he’s unelected is ridiculous. Not solely was it made very clear to voters earlier than the election that Musk would do that if Trump received, just about all the federal workforce that the institution is attempting to guard from Musk is unelected too. The thousands and thousands of unelected officers who conduct the majority of federal authorities operations had been introduced on and set to work with out even a fraction of the transparency and publicity concerned in Trump’s appointment of Elon Musk.

Talking of transparency, it’s comical {that a} political class that classifies an estimated fifty million paperwork a yr—ninety p.c of that are “in all probability pointless” in accordance with some institution authorized consultants—is voicing disgust over Musk’s group’s occasional use of discretion.

Lastly, it’s appalling to listen to the American political institution criticize Elon Musk for his supposed willingness to harm the poor and susceptible to make himself higher off. That’s basically all these folks have carried out all the time they’ve been in energy. Over a century of presidency meddling in crucially necessary industries has made it tougher for the poorest People to afford meals, training, housing, healthcare companies, and medicines.

Federal insurance policies have discouraged smart monetary selections like saving whereas encouraging riskier investments with politically-connected companies—simply as different insurance policies drive People to undertake a tragically unhealthy food regimen to the advantage of well-connected meals, healthcare, and drug corporations.

After which, after all, there are the wars launched by the political institution throughout the Center East, North Africa, and now Japanese Europe. These wars have raked in trillions of {dollars} for weapons corporations and different contractors. However they’ve additionally killed thousands and thousands of individuals and destroyed tens of thousands and thousands of lives throughout these areas.

Understanding who the political institution actually is and what they’ve carried out makes it clear that the ideas they’re pretending to have when denouncing Elon Musk are pretend.

The institution’s downside with Elon Musk isn’t that he’s prepared to upend norms and check or break guidelines. They’ve proven an enthusiastic willingness to take action themselves.

The institution’s downside with Elon Musk is, put merely, that he’s threatening a few of their energy. And to them, that’s unacceptable.



Source link

Tags: ElonhateMusk
Previous Post

Brushing Off The Mud From Skyworks Options’ Disastrous Monetary Report (NASDAQ:SWKS)

Next Post

Bitgo Plans Potential IPO by H2 2025, Aiming to Strengthen Its Position in Crypto Custody Market

Related Posts

After Supreme Court ruling, industries still face higher rates

After Supreme Court ruling, industries still face higher rates

by Laya Neelakandan
February 21, 2026
0

The Supreme Courtroom throughout a rain storm in Washington, Feb. 20, 2026.Annabelle Gordon | Bloomberg | Getty PhotographsThe Supreme Courtroom...

Stocks Rebound as Supreme Court Strikes Down President Trump’s Tariffs

Stocks Rebound as Supreme Court Strikes Down President Trump’s Tariffs

by Barchart
February 20, 2026
0

The S&P 500 Index ($SPX) (SPY) at this time is up +0.58%, the Dow Jones Industrial Common ($DOWI) (DIA) is up +0.18%, and...

Coffee Break: Landscape, Immigration, mRNA Vaccines, and a Safe Football Helmet

Coffee Break: Landscape, Immigration, mRNA Vaccines, and a Safe Football Helmet

by KLG
February 21, 2026
0

Half the First: What's Panorama?  I've heard of John Stilgoe however have by no means gotten round to studying his...

Why Britain’s Economy Is Sputtering

Why Britain’s Economy Is Sputtering

by Lipton Matthews
February 21, 2026
0

Britain and the US are sometimes described in the identical breath: superior economies which have moved past business into providers,...

SBI in talks with Japanese lenders for M&A financing; Rs 94,000 crore headroom under new norms

SBI in talks with Japanese lenders for M&A financing; Rs 94,000 crore headroom under new norms

by Joel Rebello
February 20, 2026
0

State Financial institution of India (SBI) is in talks with some Japanese lenders to associate with them for merger and...

How to save and plan for travelling in retirement

How to save and plan for travelling in retirement

by Camilla Foster
February 20, 2026
0

Signal as much as our free cash e-newsletter for funding evaluation and skilled recommendation that will help you construct wealthSignal...

Next Post
Bitgo Plans Potential IPO by H2 2025, Aiming to Strengthen Its Position in Crypto Custody Market

Bitgo Plans Potential IPO by H2 2025, Aiming to Strengthen Its Position in Crypto Custody Market

In Trump’s Cross Hairs Over Taking Gazans, Egypt and Jordan Try Diversion

In Trump’s Cross Hairs Over Taking Gazans, Egypt and Jordan Try Diversion

Indian-origin lawyer at centre of landmark Supreme Court verdict against Trump

Indian-origin lawyer at centre of landmark Supreme Court verdict against Trump

February 21, 2026
Brent rises late, settles higher and with weekly gain on Iran-US jitters

Brent rises late, settles higher and with weekly gain on Iran-US jitters

February 21, 2026
US Considering Killing Iran’s Supreme Leader Khamenei, His Son – Reports

US Considering Killing Iran’s Supreme Leader Khamenei, His Son – Reports

February 21, 2026
These top 30 AI agents deliver a mix of functions and autonomy

These top 30 AI agents deliver a mix of functions and autonomy

February 21, 2026
Protesters attack prime minister’s residence in Albania (VIDEOS) — RT World News

Protesters attack prime minister’s residence in Albania (VIDEOS) — RT World News

February 21, 2026
Conservatives Would Be Outraged’ If Dems Tracked Speech — But They Did!

Conservatives Would Be Outraged’ If Dems Tracked Speech — But They Did!

February 21, 2026
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Indian-origin lawyer at centre of landmark Supreme Court verdict against Trump

Brent rises late, settles higher and with weekly gain on Iran-US jitters

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In