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"We do useful essential work for the government that we compete for & win contracts because our product is much better & costs less. That's why we get government contracts” Total value of all govt incentives received by Tesla and SpaceX is less than 2% of their combined value.

38,712 次观看 • 19 天前 •via X (Twitter)

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Elon Musk: There's a total misunderstanding that my companies are being subsidized and supported by the government. “We've got to be one of the biggest government contractors. We do essential work for the government. We do useful essential work that we compete for and win contracts on because our product is much better and costs less. If you take, for example, the NASA contract to transport astronauts to and from the space station, NASA awarded two contracts at the start, one to Boeing and one to SpaceX. Boeing was awarded twice as much as SpaceX. SpaceX has done all the astronaut transport from the space station and Boeing has only done one transport of two astronauts to the space station. And we have to bring them back. Boeing got twice as much as SpaceX. There's this total misunderstanding that my companies have been subsidized and supported by the government. Do you really think that a Biden administration is going to subsidize me? Probably not. Are you kidding? No. In fact, they take away every contract they possibly can. So, for example, there was the FCC $42 billion contract for providing rural broadband. We actually first said, look, we think there shouldn't be any subsidies, so we recommend that this program just not exist. But since you're insisting that it exist, we will compete and we have better products. So we won, I don't know about a quarter of it, which would have included the devastated areas like North Carolina and stuff. And the FCC took it away illegally. They just voted three out of five commissioners voted away and said, even though you won it, we're rescinding it. On what grounds? And do you know how many people they've connected? Zero. So you think that was political? Well, the three Democrats voted against it. And the two Republicans voted for it.” Source: Interview with Tucker Carlson, October 7, 2024

ELON CLIPS

17,280 次观看 • 2 个月前

BOMBSHELL undercover reporting by James O'Keefe O’Keefe Media Group No-bid government contracts are being given to minority owned businesses, they then subcontract the work to bigger businesses, have them do the work and they both pocket hundreds of millions (WHAT A SCAM) “behind the facade, our investigation uncovers a network of so-called 8A pass-through schemes shell companies exploiting those very programs for profit. According to the SBA, the Biden-Harris administration awarded more than $630 billion and federal contracts to these companies with over $183 billion in 2024 alone. Our undercover investigation reveals how these firms secure no-bid federal contracts, skim over half of the money off the top, 65% of the money, and subcontract nearly all the work” “So we do about 20% of the work.” “Defrauding taxpayers like you and betraying the very communities these programs were meant to uplift.” “ATI Government Solutions is a technology services company that acquires contracts to provide federal departments with next-generation computing solutions. ATI acquires hundreds of millions of taxpayer dollars for these contracts and have been particularly successful in this due to their supposed Native American 8(a) tribal status, meaning they're a Native American owned small business which is heavily favored by federal contracts — Melaine Cromwell goes on to explain that because ATI is supposedly Native American owned, they are heavily favored by government contracts and often acquire hundred million dollar contracts with no bidding war. This enables them to, quote, pass through the majority of the work to companies that wouldn't usually be eligible while keeping the majority of the compensation for themselves.” “There's a big bid out and there's a company that wants to bid on it that's not Native American, all they do is partner with you. They use their people, they subcontract to them, right? They're your subs. So a lot of our subcontractors bid on contracts that were perfect in their industry, but because they weren't Native American, they wouldn't win it. So we bid on it for them. They became our sub and it's an automatic win because of the you automatically will win that contract because of your Native American status. There's no bidding war. No bidding war. Because of your Native status. You get it. A pass-through scheme is when an 8(a) small business acts as a front to win government contracts meant for disadvantaged firms. Instead of actually doing the work, it passes the contract to a larger, ineligible company, violating SBA rules and defrauding the government. And defrauding you, the taxpayers.”

Wall Street Apes

112,299 次观看 • 8 个月前

Andy Burnham got a big round of applause on Monday for saying: “We will make sure that all eligible public contracts are subject to proper social value weighting.” Here’s what that means, and why it’s a bad idea. Most public sector contracts award c10% of the ‘marks’ in the bid evaluations for “social value” - the supplier’s commitment to various policies which aren’t to do with the contract. Employee training, creating jobs outside of London, DEI, Net Zero and using SMEs are all common areas they compete on for a good score. The model is rooted in the Public Services (Social Value) Act 2012, which established 30 pages of guidance on it. The Procurement Act 2023 and the latest National Procurement Policy Statement continued this commitment. Only MoD is exempt from using social value in tenders, though it regularly does - for example, a tender for nuclear deterrent research last year awarded marks for a commitment to reversing the impacts of Covid-19 on local communities and Net Zero. Social value is a bad policy. And you don’t have to believe any of the many goals government are trying to advance through social value are bad goals to agree with me. Because even if you want all those objectives delivered, making companies for them as a ‘buy in’ to working on government contracts is a bad way to do it. Most people recognise that the way social value is practiced in procurement is performative. It asks suppliers to make commitments, they fill out a form saying what they can do, and then there’s no follow up. Not even to check if they were telling the truth. Many think there should be. But imagine how prohibitively complicated that would be! On Net Zero, for example, most suppliers have to hire a consultancy to fill out their tenders because they don’t track their emissions (particularly small companies). Keeping doing that would be very costly to them. Government struggles to monitor the basics of contract performance - quality of delivery, and actual cost. Until we fix that, there’s no point doing social value monitoring. But setting aside the implementation problems, the policy is full of holes. Social value requirements are complex and costly to compete on. Doing it isn’t hard for the big “primes” that get c10% of public sector commercial spending, but it is hard for smaller companies - particularly start ups and scale ups, who have huge challenges accessing government procurement as it is. This only further stifles innovation, which is the whole point of going out to the market in the first place - markets are great at innovating, much better than governments. But the most innovative companies are further discouraged from bidding because of social value. The policy also fails on its own terms. Take SMEs. A bias towards allocating contract spending to small businesses isn’t a good idea, but it’s been a consistent one across governments and that won’t change. But social value doesn’t improve that. A big supplier can get full marks for saying it has a lot of SMEs in its supply chain. But a SME has to fill out the same bid to compete with that, even if its whole budget is going to an SME (their own company). Bizarre! And it isn’t free. Anything that suppliers do to meet social value objectives which they wouldn’t otherwise do comes at a cost. I’ve had civil servants glibly tell me “that’s just the cost of doing business with government”, or that it’s a kind of tax they should pay for the privilege. This is moronic. Suppliers pass that cost on to government when they work out what a profitable bid would be, so government is just funding their social value activities. This is a really inefficient way of government funding those objectives. Hundreds of different companies doing their own small Net Zero initiatives (for example) is much less efficient than the government bolstering its own (considerable) clean energy infrastructure plans. (Cont)

Joe Hill

72,327 次观看 • 2 天前