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Senator McCain is a Crony’s Best Friend

Seton Motley | Less Government | LessGovernment.org

McCain’s Anti-Cronyism Is…Blurry

For a guy who has allegedly spent his political career trying to make and do right – after his being named in the late 1980s Keating Five scandal – Arizona Republican Senator John McCain certainly still likes to do a whole lot for high-donating cronies.

A Keating Five refresher:

“The Keating Five were five United States Senators accused of corruption in 1989, igniting a major political scandal as part of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators – Alan Cranston (Democrat of California), Dennis DeConcini (Democrat of Arizona), John Glenn (Democrat of Ohio), John McCain (Republican of Arizona), and Donald W. Riegle, Jr. (Democrat of Michigan) – were accused of improperly intervening in 1987 on behalf of Charles H. Keating, Jr., Chairman of the Lincoln Savings and Loan Association, which was the target of a regulatory investigation by the Federal Home Loan Bank Board (FHLBB).”

Sounds an awful lot like cronyism to me – old school, vintage edition.

McCain’s being named made him hyper-sensitive to the charge – and hyper-and-over-re-active trying to play catch up. More

The Swamp Strikes Back: Some of Trump’s White House Guests Are Not His Friends

Seton Motley | Less Government | LessGovernment.org

Musk’s Companies – Your Coin

“They that sow the wind – shall reap the whirlwind.”  From the Hebrew Bible’s Book of Hosea, it means that if you choose to do X, expect to get X – good and hard.

Now-President Donald Trump ran for the gig promising to “Drain the Swamp.”  Which was him sowing what he would do should he win – clean up the fetid and festering sewer that is Washington, D.C.  We the People – liked the idea.  And elected the political novice to do exactly that.

We less-government-minded political observers knew the whirlwind to be reaped.  DC is a $4-trillion-a-year cronyism-infested nightmare cesspool – an insult to swamps everywhere.  Institutional, Establishment DC would not take attempts at its decontamination lying down. More

The Elon Musk Myth Looks to Contaminate Texas

Seton Motley | Less Government | LessGovernment.org

Texans Should Tell Musk to Stand Down and Go Away

The Myth of Elon Musk is that of daring entrepreneur.  An avant garde, cutting edge businessman who sees a little bit further around the curve of the Earth – to get a glimpse of the Next Big Thing before the rest of us are able see it.

The Reality of Elon Musk is that of enormous government money welfare hog.  Perhaps the single largest crony capitalist of all to dig in to Washington, D.C.’s $4-trillion-per-year trough (not to mention his multiple-state-level favoritisms).  By far his greatest success – is his copious extraction of government money and favors.

Government has thus far cut checks to Musk to the tune of $5 billion.  This isn’t Musk original thinking – it is decades-old, tried-and-true welfarism.  Musk shouldn’t be lauded and applauded – he should be ridiculed and dismissed.

One of Musk’s fake companies getting billions in real government money is Tesla Motors.  Tesla produces massively-subsidized electric cars which – even with the federal coin – cost way too much and aren’t purchased by anyone outside of uber-wealthy preening elites:

“(Tesla’s) first model, the Roadster, costing over $100,000 per vehicle, sold only 2,400 actual cars in 31 countries from 2006 until production ended in 2012, despite extensive federal subsidies for electric car purchases.  Its new model, a full-size luxury sedan named the Model S, is doing better, costing about half as much as the Roadster. Tesla sold about 25,000 of these worldwide in 2013….The products are heavily subsidized, by both federal and state tax credits of up to $20,000+ to consumers, and zero emissions credits totaling tens of millions of dollars to the company.”

So much government coin – for so little in sales.  And now the Musk contagion is looking to infest Texas.  Musk wants to insert his Tesla Faux-Motors into the Lone Star State’s retail dealership market.  And is demanding even more cronyism to do it. More

Business ‘Savant’ Andrew Ross Sorkin Gets Elon Musk Very, Very Wrong

Seton Motley | Less Government | LessGovernment.org

At This Point, the Government Might as Well Just Let Musk Print it Himself

We warned that this was happening.

In case you don’t already know – this is Andrew Ross Sorkin: “Andrew Ross Sorkin is a columnist for The New York Times and the founder and editor-at-large of DealBook, an online daily financial report published by The Times that he started in 2001. In addition, Mr. Sorkin is an assistant editor of business and finance news, helping guide and shape the paper’s coverage.  Mr. Sorkin is also a co-anchor of Squawk Box, CNBC’s signature morning program.”

So Sorkin is considered a financial guru – a savant of all things business.  So how is he so very, very wrong about government teat specialist Elon Musk?: “Donald Trump: Please think about calling Elon Musk….Mr. Musk…(is) the real-life Tony Stark behind Tesla, the electric car company; SolarCity, the solar power provider; and SpaceX, the rocket company….”

Actually, Elon Musk isn’t the Tony Stark of anything.  And the only person behind Tesla and Solar City is a government bureaucrat – writing Musk yet another government check.

So far, Musk has received FIVE BILLION DOLLARS in government money – mostly for his “green energy” business fallacies.  He is arguably the world’s largest welfare recipient. More

Elon Musk: The $5-Billion-Government-Money-Recipient ‘Genius’

Seton Motley | Less Government | LessGovernment.org

Good Work Dodge
If You Can Get It

Conventional wisdom is that Elon Musk is a genius. That he’s an avant-garde innovator – taking entrepreneurial risks way out on the edge. Here is but a sample of the paean news coverage – media members genuflecting so much that their pants are now baggy.

Elon Musk’s Genius: Understanding The Cost Of A Screw And The Value Of A Photo: “Behind the desire to listen to great men like Musk speak about their perspectives is a hope to receive some insight, some pearl of wisdom.”

Elon Musk: A Genius’s Life Story, in His Own Words: “I had the pleasure of sitting down with Elon Musk for an in-depth exploration of his extraordinary life….”

8 Perfectly Genius Elon Musk Quotes: “The Tesla and SpaceX founder is single-handedly transforming industries through a mixture of genius ideas and new innovations….”

5 Bizarre Quotes That Prove Elon Musk Is Probably a Genius

Of course, Bobby Heenan said “If you’re poor and you do something stupid, you’re nuts. If you’re rich and do something stupid, you’re eccentric.” The fine line between stupid and genius – is often a fat bank account.

But what if the fat bank account – isn’t your coin? Or a dramatically huge amount of it isn’t your coin?

Elon Musk Defends $4.9 Billion in Government Money for His Companies More

Center-Right Groups Sign Letter in Opposition to Senator McCain’s Terrible Military Amendment

Seton Motley | Less Government | LessGovernment.org

All Opposed…

May 16, 2016

Chairman Mac Thornberry, Chairman John McCain, Ranking Member Adam Smith, and Ranking Member Jack Reed:

Despite costing American taxpayers over $2 billion more than needed (and willfully rejecting the requests made by not only the House Armed Services Committee but also by high-ranking officials in the Department of Defense and in the Intelligence community), the Senate Armed Services Committee–led by Senator John McCain–is seeking to cripple America’s ability to reliably launch some of the country’s most important defense satellites used to secure our nation’s border and track terrorists and drug cartels. Senator McCain’s actions undermine our national security and are the antithesis of good fiscal governance.

America depends on a network of highly sophisticated military satellites to serve as the “eyes in the sky” keeping the Pentagon and our intelligence agencies informed about threats from ISIS, drug smugglers trying to penetrate our borders, and other matters of vital national security.

In order to launch those military and spy satellites into space, the Pentagon needs a reliable launch rocket capable of carrying the heaviest payloads and reaching the ‘high orbits’ where many of those satellites must be deployed. Currently, only one rocket in the space fleet is capable of carrying those heavy payloads and reaching the highest orbits, and unfortunately, though the rocket is built in America, it uses an engine core made in Russia. It’s called the Atlas rocket, and its new American-made engine won’t be ready for three more years. More

Behold Senator John McCain’s Terrible Military Amendment

Seton Motley | Less Government | LessGovernment.org

Wonder What’s
Behind That Smile?

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.

What the Senator is currently doing calls all of these reputation-al tenets into serious question.

McCain, McCarthy Team Up to Ban Russian Rocket Engines: “Two Republican powerhouses (Senate Armed Services Committee Chairman John McCain [Ariz.] and House Majority Leader Kevin McCarthy [Calif.]) teamed up Wednesday to introduce a bill that would stop U.S. military reliance on Russian-made rocket engines (RD-180) for its national security space launches.”

Except you can’t actually end our reliance on Russian rockets – unless you have a viable alternative ready to go. The United States does not. As McCain’s Senate colleague Richard Shelby (R-AL) points out: “Given the current volatility of our relationship with Russia, our nation needs to develop a reliable, American alternative to the RD-180 as soon as possible. Unfortunately, that may not be for another four to five years at best.”

How important to what we do is the RD-180? “Today, approximately two-thirds of our military, intelligence community, scientific and weather satellites are launched into orbit on the Atlas 5, which uses the Russian RD-180 rocket engine.” More