Dept. of Government Efficiency - Elon/Vivek leading DOGE
- Thread starter scotchtiger
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How curious. Changing the award from $400k to $400m, if true, is laughably shady.
www.dropsitenews.com
UPDATED: "Armored Tesla" (was) forecast to win $400 million State Department contract after Trump's election
The State Department’s procurement forecast, revised as of late December 2024, lists Tesla as the recipient of the largest expected contract, with Marco Rubio’s department planning to buy $400,000,000 worth of “Armored Tesla.”
www.dropsitenews.com
I think you will see the 10y yield continue to trend lower and this will stimulate the economy. This is due to DOGE and the savings it is creating.
I think it's convenient that anything good that happens with the economy from here forward you'll be able to say "This is due to DOGE and the savings it is creating."
No. If you look at the Treasury secretary Bessent he said the following a couple weeks ago.
Asset prices are high so I don't think equity prices are a good barometer of our performance. I think the 10y yield will be a better barometer. If we focus on getting that lower the rest will take care of itself.
Additionally, Elon said that the 30y should start to come down as the DOGE savings are recognized and giving more credibility to the dollar. This jives with what i deem expected behavior.
THe primary objective of DOGE is to lower inflation. That is the end result that we are looking for. End inflation, stimulate growth.
Sure sure. I hear you. I want savings as well. Just think the amounts they've actually saved so far don't scratch the surface of enough to actually affect anything (top 5 previously posted savings were all removed since they were misleading). And the tax cuts are set to add to the deficit. So hard to fully buy this at the moment.
It would be interesting to see how many "farmers" actually farm their acreage. I was surprised years ago to learn that these "farmers" were actually leasing their land to big conglomerates like Pioneer seed. Were the subsidies just another way to benefit big business?
Are you aware that there are subsidies that pay farmers NOT to plant a field?
Yes, there are farm subsidy programs in the United States that have historically paid farmers not to plant crops, though the specifics have evolved over time. One of the most well-known examples is tied to the U.S. Department of Agriculture (USDA) programs that began during the Great Depression to stabilize agricultural markets and support farmers. Today, this concept is most closely associated with the Conservation Reserve Program (CRP), established in 1985.
Under the CRP, farmers are paid to take environmentally sensitive land out of active crop production and instead plant species that improve soil health, water quality, or wildlife habitats. Essentially, they’re compensated to "not plant" traditional crops like corn or wheat on that land. The payments are typically annual, based on rental rates for the land, and can last for 10-15 year contracts. In 2023, for example, the USDA reported that CRP enrolled about 23 million acres, with farmers receiving payments to maintain these conservation practices.
There’s also a historical precedent with programs like the Soil Bank in the 1950s and 60s, which directly paid farmers to leave land fallow to reduce surplus production. While that specific program no longer exists, the CRP is its modern equivalent in spirit, though it’s framed more around conservation than just production control.
Does that answer what you were looking for, or did you have a specific program or region in mind?
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