Department of Government Efficiency (DOGE)
- Thread starter thewop
- Start date
ZOMG eliminating remote working!!! The horror of actually having to go to work
Fighting that one's not going to be a winner with the American public imo. A compromise would be to remove the locality pay
Not saying there’s not some course correction that’s justified.
However, a casual plan to force everyone back in the hopes they just leave is not really a serious plan. They’re just going after the right’s usual punching bags.
This is government “reform” by two guys who have no idea how government works, and think they are always the smartest people in the room. They’re already scaling back the expectations.
Serious question. Why are you okay with this?
How long can we sustain this fiscal path?
Do you desire “government shutdowns” 3-4 times a year in perpetuity?
This is pure nonsense. Tesla took a loan from the DOE and repaid it in full + interest. The US taxpayer made money off Tesla and Musk you stupid fu-ck.
So you are for government being able to eliminate it as an option. I know of many companies that use it to attract talent that they couldn't normally get. This is what outs yourselves as college kids.
Until and unless either party adds the defense/security programs into the equation all the talk is just bullshit. EOS
Until then my 401k thanks the government.
Until then my 401k thanks the government.
The majority of Americans approve this message. Proceed posthaste.
Dick Cheney prosecuted the Iraq War as VP ie shadow POTUS while GWB was hanging at the ranch.
Those items alone are like tens of hundreds of dollars in the grand scheme of the federal budget...those items are just grandstanding.
Hey shill, i know the candidate you were working for lost and all your political shill buddies lost their jobs in the coming administration but dont flout your ignorance here on HBOT and make it worse.
Maybe open your mind and try to learn something for a change.
I told you Biden was decrepit and needed to step down before the debate.
Did you listen? No you scoffed and ridiculed me.
I told you Harris was a radical and America would reject her and she would lose.
Did you listen? No you scoffed and ridiculed me.
Who should be listening to who here?
Did you listen? No you scoffed and ridiculed me.
I told you Harris was a radical and America would reject her and she would lose.
Did you listen? No you scoffed and ridiculed me.
Who should be listening to who here?
And there are companies that which are requiring a return to work.
Idk understand this whole “college kid” but I see this dept as having actual value and eliminating or streamlining processes. I probably won’t agree with them all but I think all Americans can agree the federal budget could be reigned in. GOD FORBID something is done about it
There are over 400 federal government agencies, I think you underestimate the impact expecting people to actually show up and do work will have generally.
Yes, a low-cost loan that he could not get anywhere else.
It is inefficient to make low-cost loans when a higher-cost loan would make more money.
If he had gone to a venture capitalist route, they would have owned a considerable portion of the company to deny that is pure ignorance.
You posit speculation on a hypothetical. Unconvincing.
Don’t conflate a loan with an equity stake. It never happened.
I know it didn't happen, but the current process is less than ideal for the investors ( taxpayers)- it is an inefficient way to invest taxpayers' money.
A higher-cost loan or taking a position in the company would have made a more significant gain, which is a more efficient way to pay down the government debt.
So, I question if Musk would change how the government invests taxpayers' money inefficiently even though he profited from government inefficiency.
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Companies have the right to make their workers come back if they want. That is their prerogative. The government making that decision for them isn't. Not hard to figure out, Junior.
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Perhaps. Again more speculation.
What was Tesla’s DOE loan rate?
What was the prevailing commercial business lending rate at the time?
Tesla could have just as easily obtained a slightly higher loan rate from another lender instead of offering an equity stake to anyone.
Tesla must have went with the lowest cost option which I fully expect companies to do that.
They paid back the loan + interest. They have no more obligation to the government than that.
According to sources on the internet, 3 to 4 percent
the alternative was 30 to 40 percent based on a filing from Tesla
When the government’s negotiators started hammering out the details of the Tesla investment in mid-2009, it was obvious to both sides that the feds were in a position to name their terms. Tesla’s management knew that if they couldn’t get the government’s money at 3 or 4 percent interest, their next cheapest source of capital would cost 10 times more, a whopping 30 to 40 percent annually. (That’s according to estimates Tesla made in a regulatory filing, which based its numbers on “venture capital rates of return for companies at a similar stage of development as us.”)
Tesla DOE
I ask you for commercial lending rates, you proffer venture capital rates in furtherance of your conflation and deception.
The US Government isn’t a damn venture capital lender. The mental gymnastics of Slate to posit that because they didnt operate like one, that Tesla “took advantage.” Good grief.
We’re done here.
@globalhawk i think we are misunderstanding. I am under the impressions government workers will be required to return to work, not dictating what private companies can/cannot do regarding remote options.
If it’s the former I am fine; if the latter then, yes, that is bullshit
If it’s the former I am fine; if the latter then, yes, that is bullshit
I am not conflating anything; in a regulatory filing, Tesla stated the cost of borrowing money without the low-cost loan from the DOE.
I think we are at a misunderstanding. However, requiring government employees back in the office instead of a hybrid schedule isn't going to attract the best talent. The government does compete for the same talent pool after all. Employees have more power. It's the way it is.
Most of these smooth brained idiots have no idea how short staffed these gov’t organizations are.
In a past life, I worked as a banker, a few years with the USDA. Without access to low interest direct or participation Fed loans, rural America would be in a lot of trouble.
The skill set required for that job is way beyond what is required for those in the private sector. There are accountability and underwriting standards involved that community ag or real estate bankers do not have meet.
The skill set required for that job is way beyond what is required for those in the private sector. There are accountability and underwriting standards involved that community ag or real estate bankers do not have meet.
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government employees arnt the best talent anyway. If they were they’d work for a private business.
/semi-joking
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