Spyke

Musk could use the ‘Department of Government Efficiency’ for self-enrichment

Summary

Elon Musk, co-leading Trump’s “Department of Government Efficiency,” could influence U.S. broadband funding to benefit Starlink, his satellite internet company.

The Biden administration’s $42.45 billion BEAD program prioritizes fiber optics for rural broadband, but Starlink has been excluded for failing to meet performance standards.

Musk has criticized the program as wasteful and could push for funding delays or reallocation, benefiting Starlink as the only option in underserved areas.

Critics warn this shift favors Musk’s financial interests over reliable fiber infrastructure, raising conflict-of-interest concerns.

Musk could use the ‘Department of Government Efficiency’ for self-enrichmenthttps://www.theguardian.com/technology/2024/nov/30/elon-musk-government-efficiency-self-enrichmentOpen linkView original on lemmy.world
lemm.ee

What a weird way to spell “will” I mean they missed every letter, “could” some editor must be real embarrassed.

67

It's just their way of writing on something while avoiding a libel case against them.

10

One might wonder where the 44 billion came from in the first place.

Oh...

7

He’s been grifting taxpayers forever. His improved access just allows him to expand it. America sucks.

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lemmy.sdf.org

Change the “could” in the title to “will” for better accuracy.

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gollireply

You could even go as far as changing the "will" to "is", looking at how much Tesla's stock recently gained due to the forward looking nature of the market.

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lemmy.world

what is with this trend of journalists slowly meandering to the point, tripping over themselves every step of the way?

musks’s conflict of interest has been staring us in the face since the DGE was first announced. (im not going to include the “of” in the acronym)

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cum
lemmy.cafe

What else would he possibly use it for?

16

This just in, politicians can use their power for self-enrichment.

The people who this might be news to are already so disillusioned.

As an aside, I don't think the new department will actually do anything, it'll just find projects with weird goals and claim they can save us all $100 million. Wow, big money. The Pentagon has failed literally every audit with billions unaccounted for with no repercussions, every single year since we even started checking in 2017. This is not "well it's classified so they can't tell us", this is the Pentagon acknowledging they have ~$4 TRILLION in physical assets and about half are unaccounted for.

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lemmy.world

"I've investigated and my companies are the most efficient!"

🙄

12

This is such a stupid headline. No one actually thinks it's anything else.

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"Governments in capitalist society are but committees of the rich to manage the affairs of the capitalist class."

  • James Connolly
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The Biden administration’s $42.45 billion BEAD program prioritizes fiber optics for rural broadband, but Starlink has been excluded for failing to meet performance standards.

This is a wild misrepresentation of what happened with starlknk and the broadband funding.

SpaceX won the deal where the metrics were ABC by year 2025 ( I think 2025 but maybe later)

In year 2022 or something like that, they did some tests, it wasn't at 2025 goals, and were like nah, you aren't gonna make it and revoked it.

No one else had that done to them. It's not like the fiber companies had laid their fiber yet to all the areas and they said oh you haven't done it all yet? Finding pulled!

I don't even know if a single house had been connected to fiber yet from that funding, while starlink had connected many thousands and was improving.

0

Even a broken clock is right twice a day. As much as I hate the idea of Musk cutting infrastructure spending for broadband, I think it wouldn't hurt to cut this part. We've had multiple occasions where telecom companies take the money and run while not being held accountable by the government. Does that make him the right person for the job? Absolutely fucking not.

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