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A Biden administration plan to extend a $6 billion loan for an electric vehicle manufacturer to build an E.V. factory in Georgia sent MAGA world into a tailspin Tuesday. The plan announced Monday is reportedly part of a push to lock in Democratic climate policies before President-elect Donald Trump returns to the White House . But not everybody was on board, with the move stoking speculation that the loan was a veiled political attack at one of Trump's main supporters – Tesla CEO Elon Musk . “Biden is forking over $6.6B to EV-maker Rivian to build a Georgia plant they’ve already halted,” Vivek Ramaswamy wrote to his followers on X. “One ‘justification’ is the 7,500 jobs it creates, but that implies a cost of $880k/job which is insane. This smells more like a political shot across the bow at @elonmusk & @Tesla.” That sentiment was echoed by numerous conservative social media users. ALSO READ: Merrick Garland and his 'Justice' Department should never be forgiven “It’s clearly an attack on Musk for his endorsement of Trump,” X user Paul A. Szypula wrote in a reply to Ramaswamy. Notably, Ramaswamy and Musk were both tapped by Trump to lead the so-called Department of Government Efficiency, or DOGE , to explore ways to slash government spending. And at least one Republican member of Congress thinks the federal loan to Rivian is a waste of government money. “Why not just cut each person a $880,000 check?!” Rep. Marjorie Taylor Greene (R-GA) posted on social media. “The absurdity of this is the exact type of insanity that we have to stop. I can tell you right now Georgians do not support Rivian and are sick and tired of seeing tax dollars handed over to this FAILING company, federal & state!” Greene was recently named chair of the new subcommittee on Delivering on Government Efficiency, which is expected to work with Musk's DOGE.
Princelings refer to the second generation of the founders of communist China. In a Dec. 14 interview with Chinese-language program “Pinnacle View” on NTD, a sister media outlet of The Epoch Times, Yuan Hongbing, a former Peking University law professor, talked about the letter. He said that Liu Yuan—a retired general and the son of a prominent first-generation CCP leader, Liu Shaoqi—allegedly authored the letter, warning that the CCP would face its demise if it continued on its current path under Party leader Xi Jinping. As the CCP’s first-ranking vice chairman, Liu’s father was once considered the successor of Chinese communist leader Mao Zedong before being purged during the Cultural Revolution. Yuan was Xi’s drinking buddy in the 1980s before Xi rose to power and has also maintained connections with some senior officials. Before Xi came to power in 2012, China followed the path set by Deng Xiaoping’s economic reform policies, which relaxed some state control in the technology and real estate sectors and opened part of the Chinese market to foreign investments. The princelings, of which Xi is a prominent member, became increasingly worried that if China continued on Deng’s path, the Party wouldn’t be able to continue ruling the country with the communist ideology and capitalist market under one roof. They feared this would ultimately lead people to abandon communism, causing China to break away from the CCP’s control. Consequently, Xi made a left turn in his economic policies. The letter warns that it would be a grave mistake for the CCP to expect the Chinese people to support the Party in any circumstance as they did during the late 1950s, when tens of millions died in the Great Famine, as the public’s mindset has drastically shifted. If such a crisis were to occur again, the author wrote, the CCP would face an inevitable overthrow. The author called the CCP’s efforts to unify Taiwan a failure and warned that a potential war with Taiwan would likely devastate much of China’s coastal provinces—its most developed regions—further destabilizing the CCP. The letter offers recommendations, including transforming the CCP into a social democratic party. However, Yuan expressed doubt. “The reality is that the CCP’s oppressive rule has caused immense suffering to the Chinese people—a grave injustice that will not be forgiven,” he said. “The princelings deeply fear that the CCP will collapse amid the widespread contempt of the people. They hope to avoid such a humiliating end for the Party.” Further, Yuan said the international community is “slowly moving away from its policy of appeasement toward the CCP’s regime.” “The era of hoping that the CCP will adhere to international norms or expecting any meaningful cooperation from the CCP must end,” he said. “Coexistence with the CCP is simply impossible—either communist rule will dominate the world or humanity will eventually eradicate the remnants of communism. There is no middle ground.”
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