Relevant and even prescient commentary on news, politics and the economy.

Boring

Musk’s tunnel drilling company, The Boring Company, has announced a privately funded plan to build a 10-mile underground people-mover connecting the convention center and downtown to the airport. Take that to the bank? Not so fast. “Musk also claimed during the first Trump administration that The Boring Company had received “verbal govt approval” to dig […]

Elon Musk: quack or idiot savant?

So it looks like Elon and I agree on something. Great minds think alike. Fools seldom differ. “WASHINGTON (AP) — Elon Musk on Saturday doubled down on his distaste for President Donald Trump’s sprawling tax and spending cuts bill, arguing the legislation that Republican senators are scrambling to pass would kill jobs and bog down […]

Trump vs Musk cage match?

Josh Marshall won’t come out and say it, but I will. Musk’s attack on Trump’s “Big Beautiful Bill” is political kayfabe. Josh points out that they could each draw blood but haven’t. “Both of these guys have very big weapons each can use against the other. Musk can invest money against the GOP budget bill […]

Buh-bye, Elon

So Elon is headed back to the private sector after a star turn as chainsaw-in-chief and co-president. How did that work out, anyway? “Musk’s original goal was $2 trillion in annual savings, downsized several times to the range of $500 billion. DOGE currently claims $175 billion in savings. But the House bill would formalize barely […]

Star wars is back!

It seems fitting to post this resurrection story on Easter Sunday. The reanimated corpse of Reagan’s Star Wars program walks among us again. As a national security program, it was stupid then and it’s stupid now. It’s back because billionaires have figured out how to repurpose it to shovel more of your tax dollars into […]

How Tesla makes money

Is Tesla a car company? An AI company? A projection of Elon Musk’s ego? In Europe, it’s a greenwashing company. Selling credits to other automakers looking to avoid paying penalties for not meeting European Union emissions targets has proved lucrative for all-electric Tesla. “Since its founding, the electric vehicle company has brought in billions from […]

Elon didn’t get the memo

Candidate Trump promised he would not allow any cuts to Social Security or Medicare if elected. Looks like President Musk didn’t get the memo: “Despite reporting from The Washington Post on Monday suggesting that DOGE officials are starting to worry about bad “PR,” Musk suggested later in the day he could push for big cuts […]

Techno-Stalinism and the death of democracy

A former mentor once explained to me why America would be better off if scientists ran the country. While technocracy isn’t inherently anti-democratic—America could simply elect scientists and engineers—the notion smacks of elitism. Of course, this country was founded on the idea of elitism. Only property-owning White men could vote. The president was appointed by […]