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Author Topic: Musk and Trump clash on the massive spending proposal  (Read 481 times)
paxmao (OP)
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June 04, 2025, 09:24:20 AM
 #1

While Trump mentioned that he wanted to reduce the deficit in the US, the latest proposal to which quite a few republicans actually oppose, seems to go in the opposite direction.

https://www.bbc.com/news/articles/c0j76djzgpvo

Quote
Elon Musk has hit out at President Donald Trump's signature tax and spending bill, describing it as a "disgusting abomination", in a widening rift between the two allies.

The budget - which includes multi-trillion dollar tax breaks and more defence spending while also allowing the US government to borrow more money - was passed by the House of Representatives last month.

Quote
In its current form, the bill - which Trump refers to as the "big beautiful bill" - has been estimated to increase the budget deficit - the difference between what the government spends and the revenue it receives - by about $600bn (£444bn) in the next fiscal year.

Does anyone think that this seems to be going in the wrong direction if one would want a more stable and solid economy? I mean, even a rating agency reduced the US treasury bond rating - a one in fifty chance of seeing this in you life.
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June 04, 2025, 04:04:36 PM
 #2

Well… Yesterday Elon Musk mentioned Bitcoin for the first time in years. Today, he replied to a Coinbase Founder’s X post about Bitcoin. Clearly Musk is pivoting or at least showing his support for Bitcoin as we approach the 4-year peak of this cycle. The perfect storm continues to build for September.

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June 05, 2025, 08:31:13 AM
 #3

Trump promised to reduce the budget deficit, and he hired Elon Musk to do the job. The South African-born billionaire is not happy they Trump is going in the opposite direction. But there are reports that Elon's outbursts were caused by other factors

-The legislation that cuts the electric vehicle tax credit that helps car makers like Musk's Tesla

- Trump's refusal to extend the stay beyond the 130-day time limit set by statute for the unpaid role of a special government employee.

- The government's refusal for the Federal Aviation Administration to use his Starlink satellite system for national air traffic control.

- Trump's withdrawal of the nomination of Jared Isaacman, a Musk ally, to be NASA administrator.

https://www.axios.com/2025/06/03/elon-musk-trump-white-house-relationship

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June 05, 2025, 10:29:19 AM
 #4

Didn't Trump day he was going to get rid of the deficit during his first term back in the 2016 presidential campaign, though?

It seems he is a few years too late and he does not even seem to be trying anymore to reduce the deficit of the country. Anyways, nobody who paid enough attention to politics thought be was serious on eliminating the deficit and being faithful to his promise.

Trump and Elon Musk are people who have quite different visions of the world and who to manage money, the only thing which unites them is their disgust against wokeism and some political ideas which could be catalogued as socialism or communism, because both are rich, but nothing more beyond that.

As usual, the government of the USA will continue to borrow money indefinitely and continue to life off the trust of people, instead having a positive flow of money. Trump is becoming more a establishment politician as time moves on.

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June 05, 2025, 04:42:50 PM
 #5

Trump promised to reduce the budget deficit, and he hired Elon Musk to do the job. The South African-born billionaire is not happy they Trump is going in the opposite direction. But there are reports that Elon's outbursts were caused by other factors

-The legislation that cuts the electric vehicle tax credit that helps car makers like Musk's Tesla

- Trump's refusal to extend the stay beyond the 130-day time limit set by statute for the unpaid role of a special government employee.

- The government's refusal for the Federal Aviation Administration to use his Starlink satellite system for national air traffic control.

- Trump's withdrawal of the nomination of Jared Isaacman, a Musk ally, to be NASA administrator.

https://www.axios.com/2025/06/03/elon-musk-trump-white-house-relationship

But in another development, Elon Musk also warned that interest rates are eroding the US budget. He openly criticized interest rates and the person who controls interest rates is not Trump but the Fed chairman. This raises suspicions that the conflict between Trump and Elon is just a play and they are trying to blame Powell for deliberately not lowering interest rates even though the CPI indicators all show optimistic signals.
It's hard to  know what's going on , the political game is really complicated and beyond our understanding,  so let's see what happens .



https://x.com/elonmusk/status/1930149571801559198

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June 05, 2025, 06:24:39 PM
 #6

-The legislation that cuts the electric vehicle tax credit that helps car makers like Musk's Tesla

- Trump's refusal to extend the stay beyond the 130-day time limit set by statute for the unpaid role of a special government employee.

- The government's refusal for the Federal Aviation Administration to use his Starlink satellite system for national air traffic control.

- Trump's withdrawal of the nomination of Jared Isaacman, a Musk ally, to be NASA administrator.

Today, Trump said he's disappointed in Elon for being hostile over leaving his administration and the passing of the big beautiful bill which Elon knew better than everyone else in the room. However, among the four factors that seemed to trigger Musk's anger, no4 happened to be more of an issue to it, because the Tesla CEO wouldn't imagine that Trump his close friend would turn him down on that, but when Trump was asked about it, he said that the man in question is a democrat, and he wouldn't approve of Musk's request.

It's just crazy how this beautiful relationship of two powerful figures fell off, next the both sides will begin to say all the things they've done for each other, Elon just made a tweet recently that Trump wouldn't have won if not for his help.

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June 05, 2025, 07:12:52 PM
Last edit: June 05, 2025, 08:31:30 PM by OgNasty
 #7

On one hand, this is probably the worst thing that could be going on right now for the country. On the other hand, I got to take profits on my Tesla stock and will likely be able to buy back in at a huge discount in a month.

Elon was crazy to think he could stop government spending. He’s crazy now to argue with the President of the United States. We’ve been debt slaves forever. It is too late to turn back. 2008 set in motion debt slavery and 2020 put the nail in the coffin.

All you can do is save yourself at this point.

Elon just said Trump is in the Epstein files and that’s why they aren’t being released. God help us.

https://x.com/elonmusk/status/1930703865801810022

SpaceX ending services to the government.

Elon says Trump should be impeached.

Elon says Trump tariffs will cause a recession this year.

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June 05, 2025, 09:12:44 PM
 #8

Elon says Trump should be impeached.

Elon says Trump tariffs will cause a recession this year.
I thought Donald Trump and Elon Musk had a good friendship, why the rifts between both parties? More reason i dislike politics because it has no permanent friend. A friend of yours can enter into government and begin to enact laws and policies that will affect you and your business. I don't want to wade in on what transpired between Elon and Trump but Elon calling for Trump's impeachment is just like crying over spilled milk. Elon knows that the Trump tariffs will actually affect his business, but he should understand that he isn't the only one that owns a business. I am not a party to Trump's tariffs but who should be blamed? Trump was America's president before he seeks for a second time which means that Americans trusts him that much so whatever be the outcome of his second time, they should all bear the brunt.

R


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June 05, 2025, 10:13:09 PM
 #9

-cut-
Elon says Trump should be impeached.

Elon says Trump tariffs will cause a recession this year.
It was only matter of time for anyone paying attention. Their egos didn't fit in the same room and being on drugs constantly didn't help.

But hey, anything but therapy right? And this is probably best possible outcome for everyone but Maga hats and Elon. "My account was hacked" is probably his only way out of this, but how ever this plays out it doesn't go well for Elon, who has now burned all his bridges. There's no coming back from "he is in the Epstein files".

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June 05, 2025, 10:58:10 PM
 #10

Elon says Trump tariffs will cause a recession this year.
He's not wrong on this one. While I am not taking sides for both of them and I am not in that country. But the global impact of tariff was noticeable and even until now, it will not only going to cause inflation to the US but also to other countries that are also following the US markets and paths. And much worse if it goes into recession, this will definitely have an effect to all of us.

Their egos didn't fit in the same room
I guess that both of them have personal interests that didn't benefit him and the other and so, the conflict goes.

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June 06, 2025, 01:00:31 AM
 #11

Elon says Trump tariffs will cause a recession this year.
He's not wrong on this one. While I am not taking sides for both of them and I am not in that country. But the global impact of tariff was noticeable and even until now, it will not only going to cause inflation to the US but also to other countries that are also following the US markets and paths. And much worse if it goes into recession, this will definitely have an effect to all of us.

Their egos didn't fit in the same room
I guess that both of them have personal interests that didn't benefit him and the other and so, the conflict goes.

Unfortunately, I'm in this country lol. I couldn't agree with you more, it does affect everyone! What's your take on Trump Media raising $2.5 billion to buy Bitcoin?
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June 06, 2025, 04:01:36 AM
 #12

my opinion
until someone actually gets the calculator out to truly work out if trumps 'one big bill' will be net profit or loss. all we are doing at the moment is just hearing media's calculations on if it is profit or loss come september.. where different sides have different results

seems musk went with the media side that said it will add to the deficit..
...
as for the removing the EV subsidy. well elon knew about that months ago so i wouldnt say that was a trigger recently
i dont see a excess/surplus/profit this year. but not a addition to the debt. id say it would roughly break even..
trump added in some extra spending, such as the golden dome stuff.. and obvious some savings. so i dont see trumps treasury having a surplus
..
as for the space force and nasa stuff.. well that could have been a trigger, because elon was hoping to win new contracts to get US stuff into space
..
as for the epstein files. well those were available to the white house ages ago, so im sure elon took a look, we also all know that epstein partied with trump, the internet is full of pictures of them together so not new news.. but elon seemed to want to throw a rock this week in trumps direction, by mentioning the files inclusion of trump

i cant see elon and trump going back to buddy-buddy any time soon, nor elon going back once a month to check/update the doge teams on new efficiency idea's

i also dont see trump giving elon the contract for the 'spaceforce'/golden dome projects

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June 06, 2025, 08:21:55 AM
 #13

my opinion
until someone actually gets the calculator out to truly work out if trumps 'one big bill' will be net profit or loss. all we are doing at the moment is just hearing media's calculations on if it is profit or loss come september.. where different sides have different results

seems musk went with the media side that said it will add to the deficit..
...
as for the removing the EV subsidy. well elon knew about that months ago so i wouldnt say that was a trigger recently
i dont see a excess/surplus/profit this year. but not a addition to the debt. id say it would roughly break even..
trump added in some extra spending, such as the golden dome stuff.. and obvious some savings. so i dont see trumps treasury having a surplus
..
as for the space force and nasa stuff.. well that could have been a trigger, because elon was hoping to win new contracts to get US stuff into space
..
as for the epstein files. well those were available to the white house ages ago, so im sure elon took a look, we also all know that epstein partied with trump, the internet is full of pictures of them together so not new news.. but elon seemed to want to throw a rock this week in trumps direction, by mentioning the files inclusion of trump

i cant see elon and trump going back to buddy-buddy any time soon, nor elon going back once a month to check/update the doge teams on new efficiency idea's

i also dont see trump giving elon the contract for the 'spaceforce'/golden dome projects

Ah, so now Elon is a bad greedy guy? So what about your posts speaking of his "beyond Mars" plans? Shall we quote them here? Because you were defending him until he started clashing with your idol.

Just a few words.... Unfunded tax cuts...



In fact the US already got a re-rate, I wonder how all those pensioners out there are going to feel if their bonds get a real re-rating, like to a BBB- sub-investment grade. Funny thing is that I would probably benefit from such a thing Smiley
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June 06, 2025, 10:24:48 AM
 #14


I guess that both of them have personal interests that didn't benefit him and the other and so, the conflict goes.

Of course, it's all about personal gain, and once the benefits are no longer shared equally, conflict is inevitable.

Elon and Trump's friendship is based on benefits only, because the past shows that their relationship has more disagreements and criticism than a constructive and close relationship. Their relationship did not really improve until the 2024 US presidential campaign.
It seems like history is repeating itself once again in their relationship as it no longer benefits either of them.


https://www.reuters.com/article/world/musk-iger-to-quit-trump-advisory-councils-after-paris-accord-decision-idUSKBN18S6FA/

https://www.theguardian.com/technology/2017/jun/02/elon-musk-and-disney-boss-quit-trumps-business-panel-over-paris-pullout


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June 06, 2025, 10:28:38 AM
Last edit: June 20, 2025, 10:43:44 PM by hellflame
 #15

A simple rouse for the algos and new system to flush out the rats ..a system you all will be a part of once the controlled demolition of the economy has been dealt with and other fires and wars brought under control. It will get a whole lot worse before it gets better as Mr Trump "will have to make those tough decisions" he knew he would before taking office. Like I mean how would the magatards even consider voting for him if they knew what was really to come?

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June 06, 2025, 12:42:28 PM
 #16

A simple rouse for the algos and new system to flush out the rats ..a system you all will be a part of once the controlled demolition of the economy has been dealt with and other fires and wars brought under control. It will get a whole lot worse before it gets better as Mr Trump "will have to make those tough decisions" he knew he would before taking office. Like I mean how whould the magatards even consider voting for him if they knew what was really to come?



Of course... the moment Epstein files were mentioned? What a beautiful Prank  Grin Grin Grin Grin Grin

Seems like Trump decided to follow his own advice and do not pick a fight with someone much bigger than him.
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June 06, 2025, 03:16:17 PM
Merited by Foxpup (2)
 #17

A simple rouse for the algos and new system to flush out the rats ..a system you all will be a part of once the controlled demolition of the economy has been dealt with and other fires and wars brought under control. It will get a whole lot worse before it gets better as Mr Trump "will have to make those tough decisions" he knew he would before taking office. Like I mean how whould the magatards even consider voting for him if they knew what was really to come?



Of course... the moment Epstein files were mentioned? What a beautiful Prank  Grin Grin Grin Grin Grin

Seems like Trump decided to follow his own advice and do not pick a fight with someone much bigger than him.
While these 2 might not know how pranks work and that this would make it a believable tweet, i want point out (if this wasn't obvious to someone), that's a a fake screenshot. And what a weird timeline this is when that's actually a something that can be considered as real.

They might make up if there are enough adults pulling strings, but both of them have huge egos and both of them are used to get what they want, either by threating or bullying.
Even if this would result peacefully at some point, this would happen again.

I am quoting Trump from just moments ago:

Quote from: Trump
“Sometimes you see two young children fighting like crazy,”  “They hate each other, and they’re fighting in a park, and you try and pull them apart. They don’t want to be pulled. Sometimes you’re better off letting them fight for a while and then pulling them apart.”

So what you gonna do? Those 2 girls wanna be all drama and fighting. I am starting to think that bruise didn't come from Elon's kid.

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June 06, 2025, 03:23:17 PM
Last edit: June 06, 2025, 03:49:25 PM by suchmoon
Merited by Foxpup (1)
 #18

I'm just here to watch all the insufferably illiterate conspiratards now trying to pretzel themselves out of their very recent (like literally up to a few days ago) praise for the lying piece of shit drug addict billionaire. So very shocking for two narcissists to have a nasty public falling out, isn't it LOL.
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June 06, 2025, 05:58:33 PM
 #19

Elon says Trump tariffs will cause a recession this year.
He's not wrong on this one. While I am not taking sides for both of them and I am not in that country. But the global impact of tariff was noticeable and even until now, it will not only going to cause inflation to the US but also to other countries that are also following the US markets and paths. And much worse if it goes into recession, this will definitely have an effect to all of us.

Their egos didn't fit in the same room
I guess that both of them have personal interests that didn't benefit him and the other and so, the conflict goes.

Unfortunately, I'm in this country lol. I couldn't agree with you more, it does affect everyone! What's your take on Trump Media raising $2.5 billion to buy Bitcoin?
I don't know much about that raising of that amount for buying Bitcoin. But I'd be bias that if it's about Bitcoin and them buying with that amount, let them be.  Cheesy


I guess that both of them have personal interests that didn't benefit him and the other and so, the conflict goes.

Of course, it's all about personal gain, and once the benefits are no longer shared equally, conflict is inevitable.

Elon and Trump's friendship is based on benefits only, because the past shows that their relationship has more disagreements and criticism than a constructive and close relationship. Their relationship did not really improve until the 2024 US presidential campaign.
It seems like history is repeating itself once again in their relationship as it no longer benefits either of them.


https://www.reuters.com/article/world/musk-iger-to-quit-trump-advisory-councils-after-paris-accord-decision-idUSKBN18S6FA/

https://www.theguardian.com/technology/2017/jun/02/elon-musk-and-disney-boss-quit-trumps-business-panel-over-paris-pullout
Elon literally said that if it's not for him, Trump won't win. Well, politics sure is a messy thing and these things are happening. Like what they say, in politics and everything, the only permanent is change.

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June 06, 2025, 08:08:29 PM
 #20

It was only matter of time for anyone paying attention. Their egos didn't fit in the same room and being on drugs constantly didn't help.

But hey, anything but therapy right? And this is probably best possible outcome for everyone but Maga hats and Elon. "My account was hacked" is probably his only way out of this, but how ever this plays out it doesn't go well for Elon, who has now burned all his bridges. There's no coming back from "he is in the Epstein files".
Yeah, I guess most of us saw this coming. Two people with such big egos - conflict was only matter of time. And as you say, drugs didn't helped too. Friendship lasted as long as both were beneficial for each other
We who are watching from abroad - prepare popcorns, sit and watch Smiley

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