Elliott @ehawk90

@ShabanaMahmood Even more of a scam so you can sub the £10k out of fiscal spend and mark it as loan.

Imagine a parent who spends far more than they earn every single month. FAR more. Instead of cutting back, they keep borrowing. For a while, life is comfortable for the family. Nobody minds, the times are good. But the credit cards go up. The loans get bigger. The interest keeps mounting. It gets worse and worse. The interest payments soon outweigh the food costs, the energy bill, the mortgage. It becomes unmanageable. The family’s income cannot cover it. It grows and grows and grows. The parent retires - doesn’t want to work, but wants the easy life to continue. The burden is left with the children who had no say in how the debt was accumulated in the first place. They’re left to pay the interest every month. Life is hard, and getting harder. The payments are crushing, and so vast the idea of ever repaying the actual debt feels impossible. Their entire financial existence is treading water in an attempt to manage the interest payments, all for decisions they did not take. Not an acceptable situation, is it? Clearly not. That is exactly what my generation has done to Britain's young men and women. In 2025/26 the government spent roughly £110 billion on debt interest. That’s 3.6% of GDP and 8.1% of total public spending. Almost double the defence budget. Think about that for a minute. It is INSANE. Think about how many taxpayers are working to simply service that debt. Not to fund public services or to build infrastructure, or to look after those in need, but to pay debt interest. To fund awful decisions. That is Britain in 2026. 30 years of easy, lazy and selfish decisions. We've borrowed hundreds of billions of pounds to avoid making hard choices. The debt grew, the interest payments soared. We've expanded the fat state, lived so far beyond our means and convinced ourselves someone else would eventually pay for it. That someone else is our children. Their children. Our grandchildren. They are expected to buy homes we made unaffordable, pay taxes we’ve allowed to soar and work to service a national debt we accumulated. Somehow survive the inflation that we have stoked and stoked with endless money printing and the growth of the parasitic state. We should have left them a country with affordable homes, low debt, cheap energy, growing industries and money in the bank. We should have left them a home built on solid foundations. As a country, we have failed. Restore Britain is prepared to do what responsible parents do, to do what that parent should have done to begin with. Stop spending money we don't have. Brutally cut back, live within our means and then some. Pay off the debt. Make the difficult choices. Not for us, but for them. Does that approach make for easy decisions today? No. Does it win many votes? Probably not. But it is the only way to restore fairness, responsibility and economic sanity. Because I don’t know how else to put this. The country is BROKE. Britain is bankrupt, and my generation bankrupt it. Zero point denying it. And let me be clear about one thing. The economy, and the country, is teetering on the edge of a very high, a very jagged and a very dangerous cliff. Complete and total economic collapse awaits. But the only good news is that there is finally a political party with the courage and the honesty to do something about it for our children and our grandchildren - to start the rebuild, the repair, the restoration. Restore Britain. And if you don't like the sound of those difficult decisions, then don't vote for us.

Productivity growth, not taxation, has been the most proven way to fix inequality and poverty.

I am calling on Restore Britain, the Tories, independents, Northern Irish MPs and Reform to work together in Parliament to end Labour's disgraceful new Sudan/Eritrea 'refugee' scheme before it starts. Enough.

Elon Musk tells @lexfridman about being the world’s first trillionaire

Once upon a time the most important economic resource was land and the political divide was between lords and serfs. Then the most important resource was the factory and the political divide was between workers and owner. Labour and capital. Socialism and Capitalism. Today a lot is changing. The emerging businesses are not limited geographically - they can be located anywhere and do business everywhere. Many of the top businesses require hardly any labour relative to the past. For that matter they do not require ownership over fixed capital either (eg: many big businesses run on AWS). What defines the economy now is dynamism. It’s the entrepreneurial spirit that thrives in this digital economy. So will the political divide be between those who thrive with change and those who crave stability? Or is it something else?

Over 2 years, Birmingham City Council spent £84.3million on ‘Transportation Home to School’ The highest paid transport provider was ‘Green Destinations Ltd’ who received £36.6million. ‘AFJ Ltd’ received £17.7million. Registered offices below.

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This is superb @lfg_uk

Buckinghamshire council spent £819 million over a five year contract period on taxis. £163 million a year on average. This is insane. The council could run an equivalent transport service for a fraction of this cost

.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense. SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world. Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere. SpaceX will materially bring down the cost of compute, advancing AI and humanity. Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help. The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist. Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives. Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation. Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears. Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction. We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.

Bernie Sanders @BernieSanders

3 weeks ago

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There can never be enough wealth. We can always have more wealth. This is because wealth isn’t about the made up numbers. It’s about capability. When a civilisation gains a new ability this new “wealth” is ascribed a made up number. Throughout the last centuries the wealthiest person… - unlocked the new capacity of oil - unlocked the new capacity of steel - unlocked the new capacity of software and personal computers And now, unlocked the new capacity of space and AI. Normal citizens think about money as a means of trade or a store of provisions. Almost no one understands the concept of “wealth” as an economic capacity not a flow of money. Elon didn’t suddenly ring-fence people’s homes or forcefully drain out your business bank account. He created a new capacity, he invited investors to own 4% of this new business in exchange for an allocation of their investment capital. He will then use these funds to build out this capacity further. The 4% is a ratio that determines how much of this capacity is achieved because of the existing systems within SpaceX vs a generic commodity of capital. Based on an extrapolation of that 4% we get a mathematical theoretical value of all shares IF they were all priced the same. Of course they aren’t because their value is based on them being held not sold. Like him or loath him, Elon’s wealth is derived from new capabilities he’s unlocked that is reflected in a 4% capital allocation.

JimmyTheGiant @jimthegiant

3 weeks ago

We have enough fucking wealth... why you lot keep talking about how we need more "wealth creators" every day, in the period of time of the most billionaires we've ever had and now a trillionaire. In the exact same period we all got materially poorer How can you still believe

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* Correct quote is “politically left” not socialist. Point stands. Entrepreneurs take potential and turn it into value that’s added to the global GDP. They capture a small amount of that value in the process which is a big part of the incentive. The rest goes to others, employees, shareholders, government, suppliers etc. You can always criticize them. You can always criticize the redistribution efforts. But you should always remember that without them, there is very little new value enters society and that locks everyone in zero sum competition, sometimes war. Entrepreneurs are load bearing for human thriving. It’s a glorious act to put yourself out there and build a company that provides good and services to everyone. And Elon is the best entrepreneur that ever was. You don’t have to like him, and sure he’s crazy, but otherwise he wouldn’t do crazy things. Same coin, two sides.

"... the political left has long had a remarkable lack of interest in how wealth is created. As far as they are concerned, wealth exists somehow and the only interesting question is how to redistribute it." — Thomas Sowell

This is the way.

we live in age of great moral panics about things that don’t matter and zero moral outrage over some of the most egregious societal sins we’ve ever seen

The same Lewis Hamilton who used a corporate leasing structure to save money on taxes (around £3.3 million in VAT) when acquiring his Bombardier Challenger 605 private jet in 2013? The same Lewis Hamilton who bought the £16.5 million jet through his British Virgin Islands company (Stealth Aviation Ltd) and who then set up an Isle of Man leasing company (Stealth (IOM) Ltd, to import it into the EU and sub-leased it to a UK jet management firm (TAG Aviation), which in turn provided it back to Hamilton and his Guernsey company under charter agreements? *That* Lewis Hamilton?

Jack @Jackkk

4 weeks ago

Lewis Hamilton says there should be a limit to how much wealth one person can have "One of the things that I struggle with every day is that there is such a disparity between the wealthy and the poor” "When you drive around LA there's still so many people living on the streets.

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Under capitalism, socialists are free to build socialism. Under socialism, capitalists aren’t free to build anything. Nothing stops a group of socialists pooling their money, forming a company, and splitting every wage and every pound of profit perfectly equally.... Or to donate all profit to the government. It’s legal. It’s easy. Owning the means of production is as simple as setting up a company. Marx wrote his manifesto before the invention of limited liability companies. Back then “seize the factory” meant seizing it from the handful of families who could afford one. That argument expired the day anyone could start a company with limited liability, raise investment and hire who they want. Socialists are free to lead by example and demonstrate their system works. They can out-recruit, out-motivate, out-build and out innovate based on their ideas if they like. It would prove the philosophy works. Capitalism will happily host their experiment. The fact that nobody does this tells you a lot.

Bernie Sanders @BernieSanders

a month ago

I will soon be introducing a bill to give the public a 50% ownership stake in the largest AI companies in America. This would guarantee that the trillions created by AI are used to improve the lives of all of us — and block oligarch decisions that harm the American people.

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Hmmmm