Elon Musk has an offer to buy Twitter for $41 billion in cash, and the first big investor, a Saudi prince, says, No! Not that Saudi princes don t like getting rich, but I think they value censorship more than they value money.
00:02:30.900I invested in Twitter as I believe in its potential to be the platform for free speech around the globe.
00:02:38.560And I believe free speech is a societal imperative for a functioning democracy.
00:02:43.600However, since making my investment, I now realize the company will neither thrive nor serve this societal imperative in its current form.
00:02:53.580Twitter needs to be transformed as a private company.
00:02:56.520As a result, I'm offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter,
00:03:08.060and a 38% premium over the day before my investment was publicly announced.
00:03:14.080My offer is my best and final offer, and if it is not accepted, I would need to reconsider my position as a shareholder.
00:03:43.780It's fallen in half over the past year.
00:03:45.860It wasn't until Elon Musk bought his stake a few weeks back that it started to perk up again.
00:03:51.820As you can see, he's offering the other shareholders a big premium for them to get out of the way.
00:03:57.380And if they don't, he says he'll sell his stake that he has.
00:04:01.800What do you think dumping $3 billion worth of Twitter stock on the open market would do to the price?
00:04:08.000He's basically saying, take my $41 billion for this company that wasn't even worth $30 billion last month, or don't, and I'll sell, and that'll surely strip $10 billion from your value right now.
00:04:22.980Elon Musk obviously cares about making money.
00:04:25.920You don't accidentally end up as the world's richest man if you're indifferent to money.
00:04:31.560But he claims, and I think there is some basis to believe him, that he truly cares about free speech, too.
00:04:40.500He's offering the current shareholders a high financial rate of return, and not that they'd care too much if they sold their stock.
00:04:47.200But if they ever did believe in freedom of speech, maybe they'd feel like the company was in safe hands and that they had some sort of moral rate of return, too.
00:04:57.640There's no lineup of people willing to buy Twitter at such a premium price, not in the one big bite like this, and not even in a million little bites.
00:05:08.660That's what the stock market says, at least.
00:05:11.380If the company says no to Elon Musk, I don't think it would be for financial reasons.
00:05:15.500I think it would be for the other part.
00:05:17.920Not only do they not actually believe in free speech, as he says, but they believe in the opposite.
00:05:22.460That they would give up billions of dollars in profit in return for the continued ability to censor everyone on Twitter.
00:05:28.660I think he's putting them to the test.
00:05:30.700How could you reject a 54% premium on a product that is in slow decline?
00:05:36.540Answer, if your investment is actually to mind control the national and international political discussion.
00:07:22.900It's a high price and your shareholders will love it.
00:07:25.880If the deal doesn't work, given that I don't have confidence in management, nor do I believe I can drive the necessary change in the public market,
00:07:32.940I would need to reconsider my position as a shareholder.
00:09:27.900He said, our role is not to be bound by the First Amendment, but our role is to serve a healthy public conversation, and our moves are reflective of things as we believe lead to a healthier public conversation.
00:09:39.140Okay, so he gets to judge whether a conversation is healthy.
00:10:21.920And so increasingly, our role is moving towards how we recommend content, and that sort of is a struggle that we're working through in terms of how we make sure these recommendation systems that we're building, how we direct people's attention, is leading to a healthy public conversation that is most participatory.
00:10:42.100So he's saying right there some about freedom.
00:10:44.120His role is to boost his friends and suppress his foes to make sure the right people are participating in the conversation.
00:10:52.760But shadow banning his opponents, that's making his friends go viral.
00:10:56.900Sometimes it's brutal to watch, like how they banned New York Post and the Hunter Biden laptop.
00:11:01.660Most of it, though, is quite subtle, like what shows up in your Twitter feed and what doesn't, like what is hidden, what you think you've published to the world, but literally no one else saw it but you.
00:12:02.380Look, I'm excited that the one free speech oligarch is richer and smarter and faster and funnier than the censorship oligarchs, even though they outnumber him by far.
00:12:15.980I see that the Saudi prince, Talal, says he doesn't want to take Elon Musk's offer.
00:16:25.020And I want to let you know, in the case of Alexa, and by the way, I don't think I've reported to you yet, we have sued the Ottawa police and the RCMP.
00:16:34.700He was under the command of the Ottawa police, and we're suing both of them on her behalf.
00:16:38.400I want to let you know that that weapon is not meant to be shot at people.
00:16:42.760It's like a tear gas canister, and it is not properly used by shooting a person, let alone at point-blank range.
00:16:50.300And there is no excuse of an officer panicking in a moment.
00:16:54.200Like I say, peaceful protest, and Alexa was standing there, both hands on her camera filming, for the cop to shoot her at point-blank range isn't just some mistake.
00:17:12.680Well, so many of the things we've learned about these peaceful protests have vindicated the protesters and proven that the mainstream media and the politicians were the liars, the disseminators of fake news.
00:17:28.760So many atrocious things that we have to unpack still from that time.
00:17:31.900That horse I showed you that was stomping on people, I want to show you chit-chat from the RCMP horse team.
00:17:46.820They usually just do the ceremonial rides.
00:17:49.220But as you remember, and we did this story a month and a half ago, they were staying at the luxury Chateau Laurier, and a bunch of these cops were on a WhatsApp chat group.
00:17:59.480You know what WhatsApp is, it's like a messaging group.
00:18:02.460And they were laughing and cheering and saying this is exactly what they wanted to do more.
00:18:08.940Remember these WhatsApp images that were leaked?
00:18:12.300Someone, a good cop in that chat group, was so appalled that they leaked these internal communications, not a single officer has been suspended.
00:18:24.240Well, now, Cosman Georgia, a reporter at our friend's place, the True North News, has an access information document showing just how luxuriously those cops were staying at the fanciest hotel in Ottawa, the Chateau Laurier.
00:18:42.040Cosman Georgia joins us now by a Skype Cosman.
00:18:46.480I don't begrudge police staying in a comfortable hotel.
00:18:49.700I think these police were just there for shock and awe and political intimidation, so I don't want to give them one ounce more credit than they deserve.
00:19:03.820They followed outrageous orders that if we saw it being done in an authoritarian regime, we would call out.
00:19:09.420But really, staying at a five-star luxury Fairmont Inn, the kind of place where, you know, you're spending $500 a night if you're a mere moral estate, what were the cops doing stationed at the five-star luxury hotel?
00:19:47.220So they were paying up to $12,000 a night just for dinner, not to mention breakfast and lunch buffets.
00:19:55.860So it's quite interesting, the choice that they used.
00:20:00.880And if you remember from reports, the Fairmont actually served as the sort of base of operations for the police response to the convoy.
00:20:10.100This is where they began to quarter off downtown Ottawa, moving and inching outwards from the Fairmont, pushing and quarreling protesters until they could eventually arrest them.
00:20:40.160This is a quarter million dollars just for buffet event services.
00:20:44.720So I'm assuming they had caterers come in with all the necessary plates, dining instruments, the food, three times a day so that these RCMP officers could live large while they were cracking skulls the rest of the time.
00:21:02.720So they didn't stay there, as you said.
00:21:06.620That means that likely the bill of the RCMP's presence in Ottawa is much larger than just a quarter million dollars.
00:21:15.000I would estimate it's probably well into the millions just to keep the officers there overnight.
00:21:21.340Well, it sounds like that was just the bill for the meals for some of them.
00:21:25.160And by the way, I happen to know it was much more than just the RCMP.
00:21:28.680I personally encountered police from a variety of police forces.
00:21:32.260The Toronto Police Force was out in numbers there in Ottawa.
00:21:39.040I'm trying to think of the others I personally met.
00:21:41.020So they were police from all across Ontario, plus I know that they were police from across the country.
00:21:46.960Some of these mounted police ceremonial horse brigade came in from as far away as B.C.
00:21:52.520So this was a multi-multi-million dollar shock and awe effort for a completely peaceful protest.
00:22:00.060There was not a single firearm seized, despite the lying front-page story in the Toronto Star to the contrary.
00:22:06.320There was not a single act of violence perpetrated or threatened by the truckers.
00:22:10.840Again, this is all according to the Ottawa police, despite the lies in the media.
00:22:14.820And one of the most atrocious lies, completely bought and repeated by the legacy media and magnified by liberals, including Trudeau himself,
00:22:24.920was that there was some act of arson committed by a trucker.
00:23:18.160But the fact that the government knowingly relied on an unverified, with no suspects report to spread lies purposefully about this convoy.
00:23:32.440And it just points to the fact of how all of these claims that went into justifying Justin Trudeau's use of the Emergencies Act are crumbling,
00:23:43.200including the arson, the presence of weapons, not to mention the claims about foreign funding.
00:23:48.700It's all falling apart, and it's on the record.
00:23:51.000You know, I put out a video on Twitter of every single time Liberal and NDP MPs made the claim that this arson was somehow linked to the protest.
00:24:03.000It was Jagmeet Singh who was the first to do this, and he said it was an example of all of the violent acts that are being perpetrated in Ottawa.
00:24:12.720And we've seen this become a pattern with the Liberal government, especially because, if you recall, back in 2018, Trudeau did the same thing.
00:24:22.440He jumped the gun with the hijab hoax story to gain political points.
00:24:27.320And when the Asian community at the time, because the claim was by a Muslim, young Muslim girl, that some Asian man had come up to her to cut up her hijab,
00:24:38.080the Asian community in Toronto began to demand an apology, and Trudeau just went silent.
00:25:42.840But actually, a public square is one of the most important things.
00:25:46.740And if you control the public square and kick out people you don't like, like Donald Trump, and silence others who have ideas you don't like,
00:25:54.100like critical of a residential building in the occupation area,
00:25:57.680owning that public square really impacts everyone and everything else because you can't discuss, you're silenced, you're conditioned to say what the establishment says you can say.
00:26:09.480So that little piece of digital real estate is actually, you know, $41 billion, not so much as an advertising mechanism, although it may be right.
00:26:57.440David Menzies for Rebel News here in Halton Hills, Ontario.
00:27:01.320And you know what, folks, in the greater Toronto area today, gas is about $1.79 a litre as it inches ever upward to that $2 a litre barrier.
00:27:12.460But when it comes to my guest, Roger Gordon, he really doesn't care about the price of the pump because his Ford F-350, it doesn't run on gasoline or diesel.
00:27:25.040It runs on ammonia, and that means Roger is paying about $0.25 a litre.
00:29:11.580We've all heard about the World Economic Forum.
00:29:13.780And let's talk about people that have way more money than me.
00:29:16.240This billionaire, he says, well, he says, Roger, what if I get in and start building machines with you and we spend a couple of hundred million or whatever?
00:29:23.200We find out that Trudeau and his Kissinger crew, they want to be, they don't want it to be anymore.
00:29:29.600He said, they can pull your insurance, they can pull your bank account.
00:29:32.840So he says, why would I want to get in bed with you?
00:29:35.780Maybe Trudeau will find a way to stop my billions of dollars from happening.
00:29:39.760If I were to buy a vehicle today and hire someone to convert it over to ammonia,
00:29:44.820what are we talking about in terms of the price of the conversion and what I would have to invest in in terms of the ammonia-making device?
00:31:07.920Roger, I think the big picture question is this.
00:31:10.340If I had the wherewithal to convert my vehicle to ammonia, when will there be a day when I can go to a PetroCanada, a Shell, an Esso, and fill up with ammonia as opposed to gasoline or diesel?
00:31:24.020Okay, so we contacted Trudeau, Freeland, McKenna, Baines, Mark Carney.
00:31:29.500And we noticed on this list of all the people we contacted, the ones that belong to WEF wouldn't come back to us.
00:31:37.140Yet, if we contact somebody that has no power, they're right there already.
00:31:42.860But somebody with the power, they don't want to talk to us.
00:31:45.180So, I guess, is it a matter of the large fuel companies, the extraction companies are committed to, you know, fossil fuels, and for whatever reason, they don't see this as a money-making alternative?
00:31:59.740Our theory, I've got consultants, they say, are you so stupid, Roger?
00:32:02.900Do you not realize what's going on here?
00:32:04.460These WEF people need to keep the oil flowing in order to keep the money rolling in, in order to keep their projects going.
00:32:14.400I know some of the major automakers, Hyundai and Toyota, they're investing hundreds of millions into researching hydrogen as a fuel alternative.
00:32:28.900And do you think these automakers are going down the right route in terms of looking at, you know, the future and decades ahead where passenger vehicles can run on hydrogen as opposed to ammonia?
00:32:42.560If somebody's talking about hydrogen, run away.
00:32:45.100Honda knows about ammonia, yet they think that they maybe will have to pay somebody to be in the ammonia business.
00:32:52.340And they say, oh, well, let's, oh, hydrogen, we can go to hydrogen without paying for somebody.
00:32:59.700Why not pay a few bucks and be in a safe fuel rather than a dangerous fuel?
00:33:05.940You know, it's just amazing because we see the just and true liberals talk a good game about carbon reduction and getting rid of your carbon footprint and alternative fuels.
00:33:16.040Yet, whenever he shows up with his entourage of seven SUVs, they're typically gas-burning Chevy Suburban V8 vehicles.
00:33:25.520So, kind of, as they say out west, all talk, no cattle.
00:33:29.600If he would convert those over, at least he would be doing something.
00:33:33.180All the big jet manufacturers, Rolls-Royce, General Electric, Pratt & Whitney, they've all tested ammonia.