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this post was submitted on 21 Mar 2026
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If the punishment is a fine, it's only illegal for poor people.
The only war is class war.
Considering he’s made $400B since acquiring Twitter, this was just a minor cost of doing business.
This is an ATM fee
Best find a different ATM.
I don't know, 0.5% isn't a bad rate...
Hmm, maybe in the US. It is a very strange place after all.
Where do you live where ATM rates are less than .5%?
By the way, using an ATM from the same bank as your card doesn't count, because that's usually free.
I don't think I've ever been charged a fee in Britain. You just use whatever machines are about.
You just haven't noticed that it charges a fee every time
Serious question: How?
AFAIK, Twitter wasn't terribly profitable before they sold to Musk. Then after he purchased it, the enshittification accelerated.
How on earth does this result in $400 Billions in profit?!?
He made $400B, not Twitter. That's almost entirely from Tesla and other ventures, not Twitter.
Last I've been able to find Twitter was valued at $33B when xAI bought it. But that was clearly an overvalued sale. Just look at the valuation over time.
And that's just raw valuation which is easily manipulated, not revenue or profit, which can be easily manipulated.
that is the worst chart
Ahh, okay. I understand. Thank you for the clarification.
It's not real money, and Musk isn't the richest person in truth, not by a long shot. This is theoretical money based on overpriced companies that are propped up by what I suspect are some rather shady practices and investors using it as a casino stock.
The money doesn't have to be real for Elon to be able to use his stock as collateral for billion dollar loans. So he in fact has real money, that banks gave him, and that he will never pay back.
While true, a recession will change things.
It will only restrict his ability to get new loans, and make his collaterals worthless. But he probably spent most of the money they gave him, and like with twitter, he shifted the assets around in his network of companies, like a thimblerigger.
But that's kind of like saying that inflation will make the rich poor, which is also not true.
When stocks crash, his loans that are backed by those stocks get margin called, and he will have to sell other stock. If the government didn't bail him out, and they will so this is academic, although he will have to pay them bribes secretly obviously that goes without saying, he would see a cascading effect from a recession because his companies are all so overpriced.
Actually worst than imaginable if you delve deep the psychology of the rich is akin to tumour development. Never forget these rich fuckheads would bet over your misery like a game.
He didn't actually "make" any money. He just stole it from workers, humanity, the planet, etc.
I could change the world for the better with this sum. Hell, even with the fee. Oh well, I'm sure it's best that he has that money 🙄🤮.
And there is almost zero chance he actually pays this. If anything, it will be a fraction of the amount in 20 years after he exhausts appeals and pushes deadlines to the max.
Not necessarily, the fine just needs to be a sufficient size.
Wake me when that happens.
Sanka, ya dead?
"Wake me" when anything at all happens...? The point is, they have the power.
Fines are not assessed that way.
Some are, but they often have maximum caps.
So for a UK speeding fine he'd get a £1000, but if it's wasn't capped it would be somewhere in the region of 340 million.
Why would any such fines be capped, unless the entire point is to effectively legalise crime for the ultra rich?
You sound surprised?
More chagrined than anything else. Having dual citizenship with US and UK is like having one foot in the grave and another foot in the toilet sometimes.
Finland has similar thing, but it is not capped. There's a ton of 100 000+€ fines given around here. Obviously with Musk it would be a bit different, since the fine is based on actual income, not some imaginary monopoly money on the stock market.
That part is fixable though. Base the fine on valuation of assets.
...not assessed what way?
Disclaimer: I know you're probably only trolling, but I'll answer anyway:
...not assessed in a way to be of sufficient size to not just be considered a cost of doing business. In other words, pricey enough to take away the incentive to not only take away the profit but to also deal a significant blow to the wealth of the richest person on earth.
Believe it or not, everyone who you disagree with or misunderstand is not "trolling".
There is no reason they couldn't assess fines a different way...
Certainly the fines were sufficiently sized in the 90s era when they dropped the hammer on Microsoft.
Percentage of profit accrued from the offense. They are static values.
Just because they're currently assessed that way doesn't mean they can't be assessed a different way...
The class the class that writes laws have decided they don’t want that.
I don't understand what your point is. No one is saying it's going to happen tomorrow. The point is that fines themselves aren't the problem. The problem is corruption and cronyism. Fines are totally effective when implemented properly.