• Elon's War, And The Financialization Of America

    December 28, 2024
    3

    Focusing on credit default swaps and 'consulting' has destroyed our youth's future - we need to look in the mirror and rebuild our education system and priorities

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    The immigration war spilling out all over MAGA Inc is causing quite a stir as we approach the inauguration of President Trump on January 20th.

    This morning, it got ugly, as the founder of SpaceX, Tesla, and other high-tech industries in the United States, Elon Musk, let it fly on X.

    This comes after Vivek Ramaswamy insulted American culture and started the whole thing over the Christmas holidays, by saying America focuses on things that don't matter, like prom queens, sports, etc, instead of high tech, that the future demands.

    Vivek said it in an insulting way.

    But, truth is truth.

    It is true that America has not focused culturally on a quality education and our future as a technological powerhouse.

    This is a relatively recent phenomenon (think moon landing and IBM), and likely by design.

    Our education system is infiltrated with Marxists who don't want a successful nation.

    And, we let it happen!

    The focus of American elites has been the 'financialization' of our economy - quick easy wealth.

    In other words, they have learned how to rape America's wealth, but only for their gain.

    They have sent their kids to college for finance degrees, law degrees, and MBAs, to fit into the consultant class. And, look where that has gotten us. Easy money, but not building anything of substance.

    Creating money out of thin air, but not building anything that lasts.

    So, I think the debate is not whether or not to let in talented immigrants...but how many?

    We have to stay competitive as a nation , for national defense reasons alone.

    However, we don't want to destroy American culture, either.

    So, the political war in the future is going to focus on where the line needs to be drawn.

    We need adults in the room to make these decisions, but those who have the American people's best interest at heart, not India's.

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    Author

    L Todd Wood

    L Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd has been a national security columnist for The Washington Times and contributed to One American News, Fox Business, Newsmax TV, Moscow Times, Novaya Vremya (Ukraine), the New York Post, National Review, the Jerusalem Post, Zero Hedge and others. He is also founder/publisher of CDM. For more information about L. Todd Wood, visit LToddWood.com.
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    Mad Celt

    We're going to regret this guy.

    Anne Reiser

    What Elon & Vivek Get Wrong About The H-1B Visa Debate https://www.thegatewaypundit.com/2024/12/ingrassia-what-elon-vivek-get-wrong-about-h/ ...From tech to engineering to law, in both undergraduate and graduate programs, sometimes the % of foreigners comprise a staggering 25% or more of the entire class... it’s because massive financial incentives are baked into a rigged university system that actively selects against American students.

    Amy Williams

    I graduated in 1990 with a BSME- even then, white American males(those who primarily studied eng/STEM) were being passed over for foreign students. The American enrollment in tech majors was already well into decline. Today, even the Valedictorian(white male) of my daughter’s class was rejected from BU/NE(he should have been a shoe-in) while many other kids with lesser qualifications were admitted. I am sick to death of watching this happen. Our Universities have been taken over.

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