Elon Musk’s Scheme to Use ‘Small Business’ Ploy to Snag Federal Cash
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His Boring Company, which, you know, pull that picture up, Travis.
This is right down the street from where we used to live in Bastrop.
It's amazing.
Absolutely amazing.
I didn't know it was there until we were moving.
It's like, oh, all the better to be out of here.
But he's got both Boring Company and a SpaceX facility that's not too far away from where we used to live.
Really, really, really close.
And he's been at war with the Bastrop County officials over his utter contempt for any regulations.
The Department of Transportation said we'd like for you to do the cub...
Well, they didn't say we'd like.
They demand, you know, you put your curb cuts here and stuff.
He did it wherever he wanted.
They said, you can't do that.
He said, well, fine me.
He doesn't care.
They had regulations about what they wanted him to do with his wastewater, and he just dumped it into the river there.
And the county was outraged, and they put fines against him, but he doesn't care.
He pays the fines and keeps doing it.
What a great neighbor.
But anyway, this company, the Boring Company, which is about tunnels, and he wanted to do a lot of tunnels.
They haven't done any tunnels except in Vegas, so they've got a little bit of income.
But what he did was he applied as a small business in order to get federal contracts.
The richest man in the history of the world has got a small business, and he wants to get at the headline with federal contracts.
And that's how he became the richest man in the world, with the federal contracts that he gets.
And that's why he's there with the Trump administration, why he gave him $200 million.
So, right after Trump won the election, his $7 billion tunneling company registered as a small business.
We're not going to have Doge look at that, right?
Or any of the military-industrial contracts that are there.
And this reminds me so much of the fraud of the PPP stuff, the payroll protection plan or whatever it was called.
Remember when Trump locked everybody down and said, you can't open your business.
But it's okay.
I'll give you some universal basic income.
It will give you the PPP thing.
But it's only going to be for small businesses.
And then they promptly redefined a small business.
It was, you know, you have fewer than X number of employees, let's say.
And I forget what the number was.
500 or something, maybe.
Or maybe it was lower than that.
I don't know.
But what they did was they made it per location.
So that meant that McDonald's and all these chains could apply and get it ahead of the line for the small business loans, and they got all the money, pretty much.
Over 50% of the funds went to less than 5% of the companies.
And the banks rationed it as saying, well, our fees and everything that we make are the same depending on this, but we can, you know, overhead, but if we do it for McDonald's instead of for you.
The mom and pop business.
We can have more money that, you know, same amount of work and we can make more money out of it.
And so that's the way the thing operated.
And of course that allowed businesses like Trump's Hotels to also apply because it was based on per location.
So Boring has struggled to generate revenue despite receiving hundreds of millions of dollars in funding.
And so it's interesting that the Boring Company...
The president of the Boring Company is reportedly in charge of Doge's day-to-day operations.
That's why he brought it up.
So you've got Elon Musk, richest man in the world, and he wants his company to get special treatment as a small business.
And then the guy who is the president of that company is the one who's running the Doge operations on a day-to-day basis.
Isn't it great how this whole system worked?
You know, I had a small business, Karen and I did, for 13 years.
Never got a cent from any government.
Claiming a small business in that year means that Boring is eligible for special contracts that have been carved out for small businesses.
A company owned by a man estimated to be the richest in the world could potentially use this designation to win federal contracts that were meant for small business.
Despite Boring having raised huge sums of cash, including a 2022 fundraising round in which it raised $675 million.
That is a small business.
It's a small world, isn't it?
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The Common Man They created Common Core to dumb down our children.
They created Common Past to track and control us.
Their Commons Project to make sure the commoners own nothing.
And the communist future.
They see the common man as simple, unsophisticated, ordinary.
But each of us has worth and dignity created in the image of God.
That is what we have in common.
That is what they want to take away.
Their most powerful weapons are isolation, deception, intimidation.
They desire to know everything about us while they hide everything from us.
It's time to turn that around and expose what they want to hide.
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