Interested in energy, our transition, climate change and facts. Just blocks ad hom. All tweets and replies are personal thoughts only
Joined July 2009
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Should have been running this long ago
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on the road to Damascus or is it the Stuart Hwy retweeted
Real-world example of private industry vs. government bureaucracy.
Compare:
SpaceX founded in 2002:
$12B in capital invested VOLUNTARILY to transport humans, satellites and rockets into SPACE.
California High-Speed-Rail started in 2008:
$15B FORCED from taxpayers to build a high-speed rail system to transport only humans across the EARTH.
Results:
SpaceX spent $12B:
Revolutionized rockets, satellites, and space travel. Over 15,000 payloads launched into space, over 12,000 Starlink satellites deployed, over 99% success rate across Falcon launches.
California High-Speed-Rail spent $15B:
After 17 years, still has not transported a single passenger to any destination anywhere on the planet.
Consequences:
SpaceX - Success ✅
Goes public over $2T increases shareholder valuation thousands of percent and humanity benefits.
California High-Speed-Rail - Failure ❌
Taxpayers zero recourse to recover wasted $15B . No politician held liable. No contractor accountable. All money is simply RIP.
If you were wondering why so much hate for Elon, career politicians pushing big government continuously humiliated by successful entrepreneurs. Musk produces with private funds the most sophisticated engineering marvels in human history. Government boondoggles create nothing, with no recourse.
Jun 14
SpaceX raised only $12B of capital before going public. With that $12B, they revolutionized the rocket industry, built a global satellite network, and created arguably the most innovative company of all time.
The federal government spends $12B every 15 hours and still can’t get its shit together. Prior to SpaceX, NASA was sending astronauts into space on Soviet-era Russian Soyuz capsules.
So no, I don’t find Elon’s wealth to be a problem, and I wouldn’t trust Elizabeth Warren or Bernie Sanders to allocate a single dollar of it.
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on the road to Damascus or is it the Stuart Hwy retweeted
Jun 14
SpaceX raised only $12B of capital before going public. With that $12B, they revolutionized the rocket industry, built a global satellite network, and created arguably the most innovative company of all time.
The federal government spends $12B every 15 hours and still can’t get its shit together. Prior to SpaceX, NASA was sending astronauts into space on Soviet-era Russian Soyuz capsules.
So no, I don’t find Elon’s wealth to be a problem, and I wouldn’t trust Elizabeth Warren or Bernie Sanders to allocate a single dollar of it.
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on the road to Damascus or is it the Stuart Hwy retweeted
Jun 13
Every dollar Elon Musk has made is traceable. Every product sold, every service rendered, every government contract awarded, every share of stock bought or sold. It’s all on the record.
You, on the other hand, haven’t built a company, invented a product, or created anything people willingly pay for. You’ve spent the last 14 years collecting a $174,000 Senate salary.
Yet somehow you managed to buy a luxury D.C. condo, a $4 million Victorian mansion in Cambridge, and saw your net worth balloon by 150% to $12 million. Everyone knows where Musk’s money came from. The same can’t be said for yours.
Jun 12
Elon Musk just became the world's first trillionaire.
The typical American household would have to work more than 11 MILLION years to make Elon Musk's level of wealth.
We need a wealth tax.
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on the road to Damascus or is it the Stuart Hwy retweeted
Jun 11
"Iodine deficiency, once considered eliminated in the UK, has re-emerged [due to] declining consumption of dairy & white fish, emerging use of unfortified plant-based milk alternatives & absence of a national iodisation policy [.] Vegans [are] at particular risk"
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on the road to Damascus or is it the Stuart Hwy retweeted
Jun 13
Capitalism is a system so good that even the communists can become millionaires
Jun 12
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Jun 11
You criticise Pauline Hanson’s association with a billionaire (Gina Rinehart) @SwannyQLD but you happily take donations from billionaires (the Pratt’s). Hypocrisy knows no bounds.
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Bernie tweeting complaining about Musk using a platform owned by Musk is pretty funny
Jun 12
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ALP President reminds Labor that they represent working class
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on the road to Damascus or is it the Stuart Hwy retweeted
🚀 Schaut euch das an – das ist die echte Geschichte hinter dem «Atommüll»-Mythos in der Schweiz.
Im Zwilag Würenlingen lagert sämtlicher hochaktiver Abfall aus über 50 Jahren!!! Kernenergieproduktion unseres Landes.
Nur rund 40 massive Stahlbehälter stehen dort. Ein einzelner Mensch daneben zeigt das wahre Mass. Die Halle ist für bis zu 200 Behälter ausgelegt.
Kein riesiger Berg. Keine unkontrollierbare Katastrophe. Sondern ein beeindruckendes Zeugnis schweizerischer Präzision und Ingenieurskunst: kompakt, sicher, vollständig kontrolliert.
50 Jahre nur 40 Stahlbehälter. Und dies mit Kernkraftwerken der alten Generation. Faszinierend.
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on the road to Damascus or is it the Stuart Hwy retweeted
The first chart has been very popular, but the problem is that housing prices look like this in many countries with/without capital gains tax changes.
The linear scaling also makes the 1970s-1990s look small when relative home price changes were large.
And the big thing is the interest rate on mortgages.
The second chart from @arekdrozda shows mortgage costs as a share of median full-time income, which have changed dramatically since COVID due to price and interest rate rises.
One would expect either prices to fall, incomes and rents to rise, or interest rates to fall, or some combination, to return from this abnormal bubble period to historical norms.
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on the road to Damascus or is it the Stuart Hwy retweeted
Here is my explanation of how I went through an intellectual change that helped me realise I was thinking tribally and not coherently
fresheconomicthinking.com/p/…
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Jun 3
‘A good policy choice’: Chevron boss backs some One Nation ideas on gas afr.com/politics/federal/a-g…
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on the road to Damascus or is it the Stuart Hwy retweeted
Jun 2
Korea Gas accuses government of breaking pledge on LNG contracts
afr.com/companies/energy/kor…
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May 31
Australia LNG exports: Why Asian trade partners are concerned over federal gas-reservation plans smh.com.au/business/companie…
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May 29
NEM currently enjoying energy security and insulation from price volatility due uk it abundance of natural gas.
Chart from the AER DMO report 2026-27.
Yet Tony Wood doubles down on gas reservation.
May 29
The government’s proposed gas reservation is currently deeply flawed. But with a lot of work between the government and industry stakeholders it could still work to ensure Australians get access to Australian gas at affordable prices. grattan.edu.au/news/the-gas-…
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May 26
Oftewel: "carbon tunnel vision" link.springer.com/article/10…
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electric trams in 1909 in Adelaide
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May 23
A great article on the confessions of Australia’s immigration technocrats.
open.substack.com/pub/kvetch…
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