Elon Musk’s ‘Hostile Takeover’ of Twitter & Blackrock⧸Vanguard Own The World - FF Ep164
Episode Stats
Length
1 hour and 5 minutes
Words per Minute
176.44183
Summary
On today's show, we have a bit of a late start, but it's not a bad one. We have a special guest on the show this week, and we also have a couple of stories from the past week, including a story about an FBI dupe, and one about Jews. And of course, there's still time for a Red Ice chat.
Transcript
00:03:34.000
Spread the truth, document it, prove it, make it irrefutable, and you too will become dangerous to those who admire us in lies and enslave us in socialism.
00:03:50.000
But because they are lying, it's possible to expose them, and this is their Achilles heel.
00:03:57.000
By comparison, we have nothing to hide, therefore we have no reason to lie, and we wouldn't want to even if we could.
00:04:04.000
Truth is a far superior weapon than deceit. It's a weapon which is denied to them, and in the end, it will be the decisive weapon that destroys them completely.
00:05:13.000
America is a nation that can be defined in a single word.
00:05:24.140
I was going to put him in a foot, foot, excuse me.
00:05:43.000
Hello, friends. Happy VÃ¥rblut or Easter, wherever you prefer.
00:05:59.940
We have another good show lined up for you today because another Friday is upon us.
00:06:03.040
We're a bit late today, but we appreciate you joining us anyway.
00:06:08.620
Pretty good. There was snow when we woke up this morning.
00:06:11.100
That was kind of crazy, like a lot of snow that stuck, but now it's melting away.
00:06:15.900
The sun is shining, so it was a little surprise for us this morning.
00:06:24.200
I'm better at centimeters still than inches, but maybe four inches?
00:06:31.520
But, you know, it feels like home to me, so I'm all right with it.
00:06:36.280
A couple of – oh, did I remember – that's fascinating.
00:06:42.020
If you want to join in today, guys, enderpestream.live slash redice TV.
00:06:48.160
We are using the power chat, and I do – I didn't intend to do that.
00:07:08.540
I think it was two from Andin Heather, I think it is.
00:07:33.600
I think it was really – I talked about the Khazaria rising.
00:07:36.480
It was kind of a weird kind of trollish, weird Russian-Jewish guy, American citizen, Israeli, Russian citizenship guy who was like doing this weird thing with Khazariats and milkers were in there and all kinds of weird things.
00:07:53.280
Ukraine is exceptionally fertile and rich in other resources.
00:07:58.500
If they can't control that land, it would be a big deal.
00:08:00.980
Or if they can't control that land, that would be a big deal.
00:08:04.000
And then as well another from Aidan Heather here.
00:08:06.020
Another FBI dupe unwittingly working with the same fools as he calls white Jews.
00:08:14.260
So I just want to make up for it here at the end.
00:08:15.840
You know, it's a new – we mentioned Rumble and then I just forgot to check it.
00:08:34.960
Keep up the good work, love, and support from Ireland.
00:09:04.520
Lichen Warrior Poop Francis accuses the West of racism when it comes to refugees.
00:09:09.160
I think we're going to talk about that, aren't we?
00:09:12.760
I think Robo thinks it's better late than never to swing that big D energy.
00:09:24.460
And conservative thinker, Rockfin, Rockfin, Rockfin.
00:09:30.700
You know, me and my multiple lists that I have going at any given time.
00:09:41.200
So one of the reasons why we've been so busy here too is we're adding in extra, you know,
00:09:46.340
interviews and stuff like that too for you guys.
00:09:58.160
And this will go up later on the main channels of the website.
00:10:03.380
So if you can't wait right now, it's right there, but it will go up later.
00:10:09.600
I'm trying to pull in the image for this too, because I did that already.
00:10:12.980
Yesterday, I recorded a great show with Raging Dissident or Jeremy McKenzie and Morgan.
00:10:19.980
From Canada in terms of what happened to them and they were jailed and all kinds of crazy things for COVID protests and things like that.
00:10:29.660
That's premiering later today in the member section, redsmembers.com.
00:10:35.860
But then I think by tomorrow, it should be up on redis.tv, our public website, and then up on the main channels as well.
00:10:42.680
But so that's some of the stuff to look out for.
00:10:58.260
It was a very large woman who was sitting on a park bench.
00:11:04.660
So, you know, you could easily confuse maybe all the large women.
00:11:07.880
I think she was sitting on a park bench, very large, and then she has a sign that says
00:11:24.160
That's, I guess, you know, whatever the current thing is.
00:11:28.780
And then I don't know what's going on down there.
00:11:35.280
And then they have some monitor on their finger or something there, too?
00:11:40.060
Okay, maybe they're in a hospital or something.
00:11:57.280
Gabriel Weinberg, in shocking, surprising news, has announced that the search engine will begin
00:12:03.060
purging all indie media outlets from the platform to replace them with these trusted mainstream media outlets instead.
00:12:09.440
He said, like so many others, I am sickened, how many times have we heard this, by Russia's invasion of Ukraine and the gigantic humanitarian crisis.
00:12:20.820
So, we will be rolling out search updates that downrake, downrake, downrake sites associated with Russian disinformation.
00:12:31.200
Then he goes on and on to winesplain away his position and how it's not censorship.
00:12:36.500
He's just making, yes, just making quality information available and how it's all about search ranking.
00:12:42.780
And this just happens on its own, apparently, has nothing to do with the algorithm, which he controls or programs.
00:12:49.140
So, I gave the Russian search engine Yandex a little whirl.
00:12:53.520
Not bad, but there's still not a whole lot in English, of course.
00:12:57.120
You know, that's the Russian's version of Google Yandex.
00:13:04.520
Remember, I think we covered this in the last weekend, where the Yandex Jewish CEO,
00:13:09.280
she left for Israel because she couldn't, quote-unquote, be in a country that was at war with its neighbors.
00:13:16.800
So, she goes to Israel to be in war with every single neighbor.
00:13:26.420
This was a fake alternative like so many that we've seen.
00:13:34.560
Check out this cool, based, really hip alternative.
00:13:38.420
And then, I mean, people early on were like, yeah, I don't know about this.
00:14:01.260
Looks like most of the news media can seem to determine a motive in the New York City subway shooting or the Waukesha car massacre.
00:14:11.800
I covered it Wednesday, but, yeah, we played some of the videos from the guy, Frank James, right?
00:14:17.160
I mean, plenty of anti-white stuff, and he believed that white people basically would genocide everybody, so I guess it's all justified.
00:14:22.740
Clearly, he was radicalized by the mainstream media.
00:14:24.760
He was radicalized by kind of the, you know, Hebrew-Histerlite type thing, you know, the black Hebrew-Histerlite thing.
00:14:31.800
But, no, no, no, no, bigger, you know, there was initially, it was like, this is a terrorist attack.
00:14:40.040
We're not sure what's going on with this, right?
00:14:42.760
One thing we do know is that we were, you know, Easter time, you know, Christianity and, you know, all that stuff.
00:14:49.200
What better time to be schooled by the, literally, the foot-licking, the refugee foot-licker, right?
00:15:18.340
Insisting migrants are subdivided by skin color and country of origin.
00:15:22.220
Refugees are subdivided, the pontiff declared in a lengthy Good Friday interview on Italian television.
00:15:28.480
There's first-class, second-class skin color, whatever they come from, a developed country or one that is not developed.
00:15:48.120
It's definitely what we need from the pulpit right now, it's this message.
00:15:51.520
As he's done on other occasions, Francis compared the current problem of migrants and refugees to the flight into Egypt of Joseph, Mary, and Jesus when King Herod was seeking to kill him.
00:16:04.920
The problem of the refugees is a problem that Jesus suffered, too.
00:16:12.160
Christians give up, you know, lower your guard, just let them all in.
00:16:19.620
God created all the different races so we could mix.
00:16:26.600
Yeah, because so Jesus was a migrant, right, and a refugee in Egypt when he was a child to escape death.
00:16:31.680
He said, how many of them are suffering to escape death?
00:16:34.000
See, this is why the established Christianity and those who follow it is a doomsday apparatus for our people.
00:16:44.660
I mean, sure, there's some, like, white nationalist Christians, but it's interesting.
00:16:48.580
I was thinking about it the other day, just, you know, the paganism versus, you know, Christian discussion and stuff like that.
00:16:54.040
And, I mean, it is true that on average, you know, so there's less, obviously, less those who would identify with paganism, I think, in the world overall than there is Christians, I think, maybe significantly so.
00:17:03.900
But the percentage of those that equate some kind of ethnic or group or kin belonging with their religion is a much higher percentage within paganism than it is within Christianity, right?
00:17:15.440
Maybe there's some, I mean, I don't know what the Christians in Africa, what they are into, or, you know, if they're, maybe, are they super ethnocentric?
00:17:22.280
It's kind of hard to say, but when it comes to the white people, at least, white Christian Europeans.
00:17:26.400
They don't have to be ethnocentric in Africa because it's all Africans.
00:17:30.580
But, you know, like, let's say they come to the West or they become, like, super gung-ho about, like, some branch of their African ethnic Christian belief or something.
00:17:38.500
I'm not sure, but the point is, it's like, you know, what we need is a, for those who cling on to Christianity, like, you need a major reform within that system, right, to get a higher percentage of people that also associate kin, brotherhood, ethnicity with their religion, as opposed to this universalism that's pushed by, you know, migrant foot licker poop Francis, right?
00:18:05.480
So, white people, by adding, in case you, you know, need a reminder, right, here we go.
00:18:11.540
Here's another shooting, right, footage released of white police officers shooting black men in the back of the head, right?
00:18:18.620
Footage was collected from Mr. Loyola's passenger, the officer's body-worn camera, the officer's patrol car, and the doorbell camera of nearby houses.
00:18:34.160
I have a pro tip here a little bit later, too, but we'll watch this first here.
00:19:43.600
Illegal immigration, then you have no, you know.
00:19:46.500
Look, if you're driving, I don't know if maybe he didn't have a license, right?
00:19:49.960
Maybe he just, everything was done illegally or so.
00:19:53.960
But the point is, if you don't, kind of, can take the responsibility to understand what your, I guess, requirements are.
00:20:03.780
But the point is, your fight is not at that moment.
00:20:10.760
Look at how these white police officers, right, going after these blacks for no reason whatsoever.
00:20:21.400
Well, and he's acting like they don't have licenses wherever he's from.
00:20:28.180
You kind of, like, you can learn, can you learn stop at least?
00:20:34.820
So here's a pro tip here regarding the situation.
00:20:41.960
I can't believe you got to explain this shit to these brain-dead-ass Negroes.
00:20:50.380
See, I don't need to go out in the street with a sign screaming this shit like a fucking idiot.
00:20:55.600
And throwing a temper tantrum like a damn child.
00:20:59.660
Also, I'm not even remotely worried about being killed by the police.
00:21:07.920
Because I'm not a fucking criminal and I don't go around committing fucking crimes.
00:21:12.420
Also, if I do interact with the police, guess what else I don't do?
00:21:16.540
I don't fight the cops and I don't resist arrest like a fucking moron.
00:21:25.360
See, nobody cares about your fucking skin color.
00:21:31.400
See, it's your fucked up shitty behavior is why people don't like you.
00:21:59.640
And Shadow Government asked, where did the Ashkenazi get the kinky hair from?
00:22:03.660
I think you have to go to the scene in True Romance where.
00:22:23.480
They used to have blonde hair and blue eyes and now they have black hair.
00:22:28.880
Dog Whistler says, years ago I was in France and Poop Francis came to Straussburg while I was in
00:22:34.160
And the big news is, it was the first time a pope came to see any city and would not visit a holy site or church.
00:22:42.920
He was going to visit the HQ of the European Union.
00:22:49.100
Black Phillip says, hey, old Henrik and Lana, I've recently gotten into intermittent fasting.
00:22:52.940
Not only am I saving a good amount of money, I'm starting to believe the health benefits my coworkers have been asking me about it.
00:22:58.100
And I tell them it's for religious reasons for Passover, of course.
00:23:08.940
So, as you guys know, obviously Elon Musk has offered to buy Twitter for $43 billion.
00:23:16.820
I think I covered a little bit on this Wednesday.
00:23:20.040
But essentially, he bought close to 10% initially, right?
00:23:25.160
And then after discussions, he did not want to get on the board because that would limit his ability to control things.
00:23:30.260
So, then he said, I'm not going to go on the board.
00:23:33.920
In fact, I'll make you an offer you can't refuse, right?
00:23:36.760
So, he said, I'm going to buy Twitter for $54.20 a share, which is about $43 million, right?
00:23:44.620
And, of course, now it's getting interesting because now they're revealing their hand, right?
00:23:52.080
I am not a big believer that Elon Musk is some kind of saver.
00:23:56.340
This is, for now, irrelevant to the discussion.
00:23:58.780
But, oh, my, are they freaking out over this, right?
00:24:05.000
And here's one of the clips with him, right, actually talking about, again, balanced, sensible view.
00:24:11.320
And a good sign as to whether there is free speech is someone you don't like allowed to say something you don't like.
00:24:21.380
And if that is the case, then we have free speech.
00:24:23.880
And it's damn annoying when someone you don't like says something you don't like.
00:24:28.780
That is a sign of a healthy, functioning, free speech situation.
00:24:34.080
And that's, of course, not what we have, right?
00:24:39.580
According to Musk, the social media company needs to go private because it can neither thrive nor serve free speech in its current state.
00:24:47.580
As a result, I'm offering to buy 100% of Twitter for, as we said, $45.20 a share in cash for a 54% premium over the day before I began investing in Twitter
00:24:56.900
and a 38% premium over the day before my investment was publicly announced.
00:25:00.840
He wrote, My offer is my best and final offer, and if it's not accepted, I would need to reconsider my position as a shareholder.
00:25:10.140
Musk tapped Morgan Stanley as a financial advisor, according to the filing.
00:25:14.360
He later claimed on Thursday during a talk at TED 2022 that he isn't interested in acquiring Twitter to make money off of it
00:25:21.780
and even said he's not sure if he'll even be able to buy the company.
00:25:25.560
It's not, it's, this is not a way to sort of make money.
00:25:31.660
It's just that I think my strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive
00:25:39.900
is extremely important to the future of civilization, Musk said at TED 2022.
00:25:45.200
But yeah, I don't care about the economics of it at all.
00:25:48.120
He also said during the talk that he would try to retain as many shareholders as possible for a private company.
00:25:53.820
The news comes just days after CEO Paragawal, Nagrawal, Narwal, whatever it is, warned investors of distractions ahead, right?
00:26:04.020
That these are, yeah, these are just distractions that this guy wants to do this, right?
00:26:17.540
He's a free speech, well, so he says a free speech absolutist, right?
00:26:21.940
But it is interesting to see what's coming out about this, right?
00:26:28.440
Twitter won't just take the money and sell out.
00:26:30.380
It's about controlling information, and that's the most important thing to them.
00:26:35.160
And it's amazing to see how they're in bed literally with the media and government and Saudi princes as we'll get into, like, everyone to protect this platform.
00:26:49.000
It brought up a couple of interesting tweets and stuff like that.
00:26:56.840
In fact, when it comes to free speech, the reason we're seeing so many videos online from Ukraine and connecting with people there is because Elon Musk moved Starlink, his satellite-based internet system, there so Ukrainians can access the internet.
00:27:12.220
No, they should have free access, in fact, so we can know what's going on.
00:27:15.980
But we can't have free access to these platforms so that we can share with everyone else what we see is going on, right?
00:27:24.320
But when it comes to Twitter, as Axios puts it, no single company does more to drive moment-to-moment political conversation.
00:27:31.860
Twitter is politicians' first stop for breaking news and shaping views.
00:27:43.660
But, like, just this intense resistance to this, right?
00:27:49.480
And, oh, my God, there's a threat to our democracy, you know, first thing that comes out.
00:27:52.360
And, again, I mean, if the board's task is not to judge the product of what Twitter does or not, their job is just to ensure, like, how do we maximize profit, right?
00:28:06.340
What's good for, like, you know, the shareholders, right?
00:28:13.640
And even other financial advisors that come in, I have some of that later.
00:28:18.700
But I want to play a little bit more from this.
00:28:19.960
Well, columnist Max Boot tweeted that he's, quote, concerned about what—
00:28:24.440
Listen to this dumbass journalist from Washington Post.
00:28:27.440
Musk's takeover bid means not just for Twitter but for our democracy.
00:28:35.680
Social media is too much content moderation rather than too little.
00:28:49.340
No one—this discussion at the end of this clip is amazing.
00:28:59.080
Lots of people at a newspaper owned by Jeff Bezos are really concerned about a billionaire buying Twitter.
00:29:04.640
Meantime, one of Facebook's co-founders writing,
00:29:07.160
Twitter is considering a poison pill to thwart Musk's offer.
00:29:10.600
They would rather self-immolate than give up their censorship programs.
00:29:13.780
This shows you how deeply committed they are to Orwellian control of the narratives and global discourse.
00:29:22.200
If the current Twitter board takes actions contrary to shareholder interests,
00:29:28.820
The liability they would thereby assume would be titanic in scale.
00:29:32.700
Now, that poison pill option means shareholders can purchase more shares at a discount,
00:29:39.120
In fact, the Wall Street Journal reports Musk was just bumped off of Twitter's largest shareholder,
00:29:44.500
asset manager Vanguard, now owning more than 10%.
00:29:53.620
I don't think the regime will allow Elon to control the most important media organization out there.
00:30:00.520
It's about a corporate entity that is an outsourced and fully cooperative arm of the state.
00:30:06.280
Well, in fact, a Fox Business reporter posted the SEC and the Justice Department
00:30:10.280
just now launched a joint investigation into Musk's regulatory issues, primarily involving Tesla.
00:30:16.540
Now, to break this Twitter shakeup down for us in greater detail, let's bring in Carl Szabo.
00:30:21.960
I just want to play a little bit of this, of what this moron is saying here about moderation.
00:30:25.620
Vice President and General Counsel for NetChoice, Carl, thanks for joining us.
00:30:31.480
So there's been a lot of back and forth over the last couple days between Musk and Twitter.
00:30:36.560
What do you make of this latest proposal, your reaction to his offer to buy this outright?
00:30:41.500
Okay, first of all, I feel like I'm watching an episode of Billions play out in real life.
00:30:46.540
This is the type of financial transactions you typically see on TV or on cable, and it's quite interesting.
00:30:55.560
That's the only reference frame they have these people, a TV show, a movie, right?
00:30:59.560
Elon Musk came in with what was called, someone called a bear hug, where he makes an offer so attractive
00:31:11.680
Remember, the board of Twitter does not work for Twitter.
00:31:16.540
So the purpose of the board is to maximize value for Twitter shareholders.
00:31:21.500
So Elon Musk came in with an offer that was, he thought, so attractive that the board had to accept it.
00:31:27.480
And now what we're seeing is kind of the political machinations within the company of Twitter,
00:31:35.520
within the board, to figure out how do we retain control with respect to a board level?
00:31:41.960
Is this buyout the best interest of the business?
00:31:44.800
And how do we, if we want to prevent it, engage in such threats as like a poison pill that you described?
00:31:50.760
Yeah, it's a tough situation for the board because, well, they see the writing on the wall
00:31:54.200
and they see what the changes that could come under ownership of Elon Musk.
00:31:58.360
In fact, in the filing, Musk stated the company will neither thrive nor serve the societal imperative in its current form.
00:32:03.740
Twitter needs to be transformed as a private company.
00:32:06.140
So that's definitely insight into what he plans to do.
00:32:08.700
So what would Twitter look like, Carl, as a private company under Elon Musk?
00:32:15.880
The way any publicly traded corporation operates, it is beholden to the shareholders.
00:32:20.880
So Elon Musk, if he takes it to be a private corporation, basically he can do whatever he wants.
00:32:26.520
Now, private corporations are not new to America.
00:32:34.000
So just because it is privately owned doesn't mean it's necessarily bad or good.
00:32:37.880
But Elon Musk then can do whatever he wants with it.
00:32:42.180
He can decide, we'll let everything go on content moderation, advertisers, and other concerns.
00:32:55.480
But it's going to be really intriguing because one of the big challenges that faces any social media platform is content moderation at scale.
00:33:02.580
When I tweet, I want it up there as soon as I hit the go button.
00:33:05.380
And in order for Twitter to maintain the interest of its users and its advertisers, it needs to engage in a lot of content moderation.
00:33:16.680
Why does it need to engage in content moderation?
00:33:19.360
Because they know they're ultimately, they're going to lose.
00:33:27.020
Yeah, he said, when I press the, you know, the post button, I want to know that it gets up there.
00:33:30.700
And for that to happen, they have to do a lot of moderate.
00:33:36.160
Just, I mean, and legal is not always the good benchmark or whatever you want to call it.
00:33:41.100
Because now they're passing ridiculous laws, right?
00:33:43.720
Hate speech laws, which, you know, doesn't exist and stuff like that.
00:33:46.820
You can't say, oh, legal, Sony uses legal speech or whatever.
00:33:48.820
But legal in the sense that it's like, you know, let's assume that it's okay.
00:33:53.480
It doesn't call for, like, killing someone or whatever.
00:33:55.620
But if it's an opinion someone don't like, like, what's wrong with that?
00:33:59.800
So their point is they're terrified of this, that they're freaking out.
00:34:03.700
And, again, it doesn't mean that actually anything good would come out of this, right?
00:34:12.340
Because they know that Twitter is, they say it.
00:34:21.580
And Twitter is the choice for all the blue check marks.
00:34:24.220
And especially, like, the journalists love Twitter.
00:34:37.280
And just to remind you again, right, Jack Dorsey is on Twitter's role in free speech and filter bubbles, right, from, what's it, 2018?
00:34:44.520
Let me play this clip here again of, this is not a joke.
00:34:55.000
Listen to what he said about the free speech issue of Twitter here, right?
00:34:59.740
But certainly, you know, this quote around free speech wing and the free speech party was never a mission of the company.
00:35:11.260
It was never a descriptor of the company that we gave ourselves.
00:35:21.400
They saw themselves as being, and you've been mentioned in the beginning of this interview here, like, you know, central to the discourse and the conversation.
00:35:28.520
Yeah, and for a long time there wasn't censorship, right?
00:35:35.160
I remember when people were posting, like, funny, edgy Hitler memes on Twitter.
00:35:41.380
I mean, it's funny because it's, like, you're not supposed to do it in a loud, you know, kind of thing.
00:35:48.500
But, yeah, so anyway, so that's a good reminder, right?
00:35:56.380
This is regarding, and what it looks like now is you have a combination of powerful entities, you know, like Vanguard and BlackRock stepping in potentially together with government to stop this purchase, right?
00:36:13.080
And, again, it doesn't mean that actually something good would happen out of Musk.
00:36:16.540
Maybe it would improve, I don't know, 10% or something.
00:36:19.500
He said some dumb things about this in the past.
00:36:21.660
He said, well, you know, it should be free speech as long as we can keep propaganda off of these platforms.
00:36:26.460
And I was, like, well, that would, anybody would classify anything that they don't agree with as propaganda.
00:36:39.280
This is a tweet from literally, like, a week or two ago.
00:36:44.000
And the guy we listened to there earlier, he said also, we have to keep Russian disinformation off of these platforms.
00:36:53.700
If you don't like something, there is a block button.
00:36:56.780
That's literally the only moderation that's necessary.
00:36:58.840
If you don't like an account or you think that they post dumb issues or dumb things, block that account.
00:37:08.340
So, here's the former Securities and Exchange Commission Chairman Harvey Pitt warning of a possible effort by government or Congress to prevent Tesla CEO Elon Musk from purchasing the social media giant Twitter.
00:37:32.620
Well, I have to start by saying the one thing about Elon Musk is he's not boring and he's not conventional.
00:37:48.460
He acquired his shares but filed the wrong form.
00:37:53.340
When he filed the correct form, he filed it late.
00:37:56.540
And that creates certain difficulties because those filings are important.
00:38:03.920
There were shareholders who sold in the misguided belief that he was just a passive investor when, in fact, he's not.
00:38:14.940
With respect to this bid, I think the real question is, is it real?
00:38:19.860
If it's real, then I think that there's a serious argument to be made that this is something that the board will have to consider fairly.
00:38:32.420
My own view is that after Musk attacking the board, they will find all sorts of reasons to claim this bid and offer is not in the best interests of Twitter shareholders.
00:38:51.080
I'm wondering if they're going to get help from government.
00:38:54.580
I mean, Mr. Chairman, unfortunately, we're seeing a lot of politicizing of a number of agencies.
00:39:01.060
This has been going on, by the way, in several different administrations, both on the right and on the left.
00:39:06.100
You see politicking and politicization of these agencies.
00:39:09.380
Do you think that even the left does not want Elon Musk to acquire Twitter, that we could actually see government give a helping hand by doubling down on the investigations around Musk?
00:39:24.660
Well, my concern is that this administration is pretty much guaranteed to oppose this kind of bid.
00:39:43.680
And I would expect them to proceed in a more professional manner.
00:39:49.900
But I think the danger that the government or Congress might intercede in order to prevent this takeover is a very real threat.
00:40:04.380
Well, the point is, this is not about the SEC, but, like, have you seen how they go after Library and Odyssey recently?
00:40:11.040
Actually, I have a little segment on this, and I didn't cover it yet.
00:40:14.680
He says, SEC is going after Library for not using the registered security deals and banks for running their finances for the Odyssey app.
00:40:20.720
How long until SEC goes after Musk on some technicality if he does take over a larger position of Twitter stock?
00:40:31.080
They let it slide for other people, and then they highly scrutinize the other ones.
00:40:34.600
It's all about their, what are their political views?
00:40:38.540
You can't buy Twitter, or you can't buy these stocks with those political views.
00:40:41.740
It's all, like, part of this social equity and social credit score already.
00:40:46.220
And Elon isn't even hard-hitting, but it's enough.
00:41:01.080
But, yeah, he has literally, and when Odyssey and stuff like that, again, I should cover this in a little bit more detail.
00:41:08.140
But they were literally not even telling, is it Jeremy?
00:41:12.500
I think Jeremy Kaufman from Odyssey, library slash library, right?
00:41:17.500
They were not telling them what they need to do.
00:41:20.220
They were like, how do we do it so that we can become, like, Ethereum or something, right?
00:41:23.500
Like a protected, or not protected, that's the wrong wording here.
00:41:26.260
But basically, like, you know, we can operate legally.
00:41:29.340
And they just, like, won't give them any answers.
00:41:32.060
They're saying, if you don't understand this, you need to hire more attorneys and more lawyers and stuff.
00:41:35.600
And they spend, like, millions already on this.
00:41:40.500
And then they say, you're not answering our questions about what you do and what it is and stuff.
00:41:45.720
And, again, it's very specific that they go after decentralized, which I think more or less it is now, Odyssey.
00:41:52.480
Well, some aspects of it is decentralized, anyway.
00:41:55.580
Platforms such as that because they see what a threat this potentially would be.
00:42:01.400
And that's the other thing, like, people are saying with Elon Musk, well, just go start your own platform.
00:42:06.680
I think he's making a point here, like, well, there's Twitter and he can afford to buy it, so why not?
00:42:11.860
Because then you go and you start your own platform and they attack you and try and shut you down constantly, too, on top of it.
00:42:19.460
And we know that Twitter is a central, important thing to them, so it's good that he's trying to go after it.
00:42:36.680
That's Goldman Sachs, to advise that the Elon Musk $54.20 offer is too low.
00:42:47.240
Then the problem is Goldman has a sell rating for Twitter at $30 as the price target.
00:42:54.500
Then you understand, and here's the take out here from that, right?
00:42:57.800
So that basically means he's way over that, way over that.
00:43:02.420
Again, that's why they said, like, he's making an offer that, like, they can't refuse this.
00:43:13.020
Cockfrey Zone says, 10 seconds until the ADL condemns Elon Musk's offer.
00:43:21.460
They don't know what's in his head, so it's a problem.
00:43:26.540
Let's play that again for the audience in case you missed that.
00:43:29.800
You can only bite it, but you know what's in his head and what he's after exactly.
00:43:35.800
From afar in the thumbnail, Fauci looked like Greenblatt there for a second.
00:43:42.100
Yeah, it's a very good insight into how these people think, right?
00:43:46.320
And he says, New York Times had an article calling Musk the digital citizen cane.
00:43:55.660
Thank you for mentioning that because that's one I missed.
00:44:03.700
What would Twitter look like with a Musk as its sole proprietor, right?
00:44:07.440
And it says here, imagine that Musk eventually buys Twitter from the stockholders who own
00:44:12.560
The closest comparison to this might be the 19th century newspaper baron like William
00:44:17.440
Randolph Hearst, Joseph Pulitzer, or the fictional Charles Foster Kane, who used their
00:44:31.260
Sensationalize world events and harass their enemies.
00:44:40.440
That's like, and it wouldn't even mean that it would go in this direction.
00:44:43.400
But the potential of it going there is how nervous they are about this, right?
00:44:54.420
How, like, immediately they have to, what's going on here?
00:45:00.980
Well, at the end of the day, that's how weak their, their positions are.
00:45:03.880
It relies on censorship and banning and dirty tricks for them to win, right?
00:45:10.440
Jonathan, you've been quite outspoken about the responsibility that you think social media
00:45:17.520
To some degree, you would argue, or I would argue, I think that Elon Musk thinks they've
00:45:25.060
It's hard for, I think, any of us to really ascertain what's going on in Elon's brain.
00:45:36.380
But that's just not, that's not what it's about for this guy.
00:45:38.620
It's the means to control and dominate that you can do with these money.
00:45:43.920
Entrepreneur as an innovator is almost, you know, without parallel.
00:45:55.040
We have never shut down any businesses based on what we think.
00:46:04.380
He has the right to buy a share of the company.
00:46:06.380
And what you were saying just a few minutes ago, maybe this is a standstill agreement
00:46:12.620
This is about a few days ago, so this is not the newest.
00:46:14.740
But anyway, and then he goes on to say how he's like, I'm a free speech guy.
00:46:27.720
He's literally like a Jewish, Israel first mob boss, that guy.
00:46:45.580
They had also advised to help defend against Twitter ads.
00:46:53.540
JP Morgan to Goldman to help it defend against Musk's hostile bid.
00:46:59.520
Because a 56% return, is it right, is better than a $30 sell?
00:47:04.840
So they had also had recommended a $30 sell, I believe, right?
00:47:18.340
I'm trying to find it in the actual screenshot right there.
00:47:32.720
And you have these, you know, capitalist, you know, business first, right, kind of thing,
00:47:41.940
It's like, no, we're not going to, no, you're not going to do that.
00:47:44.200
It's almost like these bankers are conspiring with each other.
00:47:51.300
And, of course, you had things like this, right?
00:47:55.380
Saudi Prince Al-Wa'id bin Talal al-Saud, one of Twitter's largest shareholders,
00:48:08.780
Yeah, because they're totally not doing that, right?
00:48:12.400
Interesting about the Saudis, too, because according to this liberal worldview, I mean,
00:48:17.040
Saudis are ethno-nationalists, they're racist, they're xenophobic, homophobic, transphobic,
00:48:23.340
But they'll take their money in this case and listen to their point of view.
00:48:28.140
Saudis, they're very traditional and conservative for their own people.
00:48:31.780
But it's clear that they're neoliberal for everyone else because it's a weapon that destroys.
00:48:37.180
And it's also interesting that there's no outrage over the Saudi prince owning this big
00:48:41.280
chunk of Twitter when Saudi Arabia is a place where journalists are killed, free speech is
00:48:47.040
suppressed, there's this bloody war in Yemen that's being funded.
00:48:56.800
And it's kind of red meat for like, look, the Saudis are controlling Twitter.
00:49:01.420
But, you know, well, yeah, look, Wahhabism, it's kind of interchangeable at this point.
00:49:06.800
But anyway, yeah, so this is what he said, right?
00:49:08.520
I don't believe that the proposal offered by Elon Musk at that price, $5220, comes close
00:49:13.220
to the intrinsic value of Twitter, given its growth prospects.
00:49:17.340
So they have their kingdom, the Kingdom Holdings Company, right, of Saudi, the Saudi thing.
00:49:26.740
But anyway, so here is what happened on this front.
00:49:31.280
So he is number three analysts have changed, right?
00:49:42.760
Is that current purchases or what he had up to that point?
00:49:47.940
I think the list there, the ranking or the holder name, the descending order there, I
00:49:55.180
But so what's interesting, too, is not only that he sold a large stake, but as Musk bought
00:50:10.460
Again, this is not 100% accurate because it doesn't have the latest.
00:50:16.940
And, you know, the Vanguard group just got in like, let's upset this whole thing, right?
00:50:29.480
And I mean, it's not like they own anything else or anything like that right now either,
00:50:35.560
Here's a couple of the headlines here real quick then of the spurgouts from the blue
00:50:43.240
Elon Musk is the last person who should take over Twitter.
00:50:46.620
And as I said, this is dangerous to our democracy.
00:50:50.420
Elon Musk is fighting for attention, not free speech.
00:50:57.540
And although Musk has spent several weeks complaining about the status quo, speculating
00:51:03.420
about bias and provoking Twitter blue checks and the tech commenters into fits about content
00:51:08.880
moderation and censorship, he has explained little about what he would do differently.
00:51:13.500
They don't have him, I guess, 100% under the control.
00:51:16.680
What he would do is just stop these stupid policies and just let anything fly, if he could.
00:51:24.420
If it's not 100% us and our way, that's it, you know.
00:51:29.320
Twitter plays a central role in public discourse today, but it's hardly the same as a public
00:51:42.600
And content moderation can't be reduced to censorship.
00:51:48.460
It's amazing how they never want to see themselves as authoritarian tyrants who censor.
00:51:59.640
They don't want to have to admit that they're enemies of free speech.
00:52:04.220
What Musk and others portray as a battle over free speech is a proxy fight over who is
00:52:16.540
But attention would mean money then at the end of the day, too.
00:52:20.300
Again, I'm not saying that his intentions are good.
00:52:25.040
But we're just looking at the reaction of like how these people are spurging out over
00:52:31.660
Elon Musk's vision for the internet is dangerous nonsense.
00:52:38.840
They think free speech means Holocaust and mass murder.
00:52:46.420
That's why in the thumbnail for today's show, that's actually Hitler's mustache on Elon Musk.
00:52:55.120
I took a photo and I cropped that out and I put that on.
00:53:03.280
These are some of the things that are flying out because they're not hiring enough non-white
00:53:08.560
David Rothkopf says here, we are the assets of Twitter.
00:53:13.180
If we walk out the door, the moment Elon Musk takes it over, it is nothing.
00:53:18.060
And I can tell you, I for one have no desire to participate in the social engineering experiment
00:53:24.060
of that particular out of control megalomaniac.
00:53:30.600
I think a lot of people, they used to love the electric cars, you know, all this.
00:53:39.040
He's doing, you know, there's like Fourth Industrial Revolution style technology, right?
00:53:43.040
He's doing AI research with, you know, Tesla and the self-driving automobiles.
00:53:47.240
I mean, all of this really helps the globalists at the end of the day, too, and their whole
00:53:54.680
Is he being, you know, I heard you didn't agree with that earlier, but I'm always like,
00:53:59.220
is there another layer to this where like they're turning him into some kind of like,
00:54:03.480
you know, the Iron Man type, like he's the wealthy, you know, entrepreneur and what do
00:54:12.700
He's going to be launched now as some kind of like some counter, look at how they reacted
00:54:22.300
He's one of us, you know, kind of thing to help him launch what he's about to do, you
00:54:33.320
We had a couple of, did you want to go through some of these?
00:54:39.080
Tyler again, in his own words, what he wants to buy Twitter, to unlock its potential to
00:54:44.000
be a platform for free speech around the globe.
00:54:47.700
What is the rational or moral argument against this?
00:54:51.000
That's why they're trying to justify all the time of, oh, it's not really censorship,
00:54:58.140
The moral argument against it is that they're stopping another Holocaust.
00:55:07.220
If we don't stop these crazy people who want free speech, we'll have another mass
00:55:12.480
And then, of course, this one we covered earlier.
00:55:21.520
Oh, you could play the other one first, though.
00:55:34.280
She's the one who sat up on stage with Susan Wojcicki from YouTube, right?
00:55:40.620
And talked about how on YouTube was this nice new like digital town that they built, but
00:55:45.320
there was no exterminators to deal with the rats or like animal control or garbage disposals.
00:55:52.400
It was all like it was all this the trash and the rats were running around in your town
00:55:57.840
That's literally the argument she used for censorship.
00:56:04.460
And then she also wanted Ben Shapiro banned, right?
00:56:09.900
She said how smart he was and obviously we can't ban him, but what do we kind of do with
00:56:14.820
And Susan said, well, Ben will meet the guidelines.
00:56:21.640
They have this list of these neocon, you know, merchant, right, grifter, right people that
00:56:32.500
Oh, by the way, that reminds me of a totally different thing.
00:56:35.280
I heard today that Charlie Kirk, by the way, stood up on stage at one of his TPUSA events
00:56:49.260
Is he going to apologize to all those people that he was attacking for saying the same things
00:56:53.260
and now he's like stealing all their arguments and talking points and acting like he didn't
00:57:03.940
And what's noteworthy here is that then what you're left with is you do have the daily
00:57:11.200
They're not getting censored from any of these platforms.
00:57:14.560
They're saying things now that people like us and others, many others, were censored and
00:57:20.160
But now, see, they can say it and they become the only holding like arbiters and messengers
00:57:30.880
Well, it ensures that it doesn't kind of derail, right?
00:57:48.700
Devastating consequences for using that platform to lie.
00:57:55.460
I wonder, you know, when talking about this, it's kind of funny.
00:58:01.340
But there are massive life and globe altering consequences for just letting people run wild
00:58:11.720
Letting them truth tell and actually let free speech flow and actual true debate and
00:58:19.280
See, it's it's this is one of the battles for the regime's major propaganda outlets, one
00:58:28.120
And they even let's assume that even like the worst, the worst possible information was
00:58:33.740
shared on Twitter or lies or, you know, truly like, you know, bad disinformation.
00:58:39.480
But I mean, they're the they're the ones who are doing all that.
00:58:48.400
Like, oh, my gosh, this one account is tweeting about whatever, you know, some saying like that
00:58:52.660
they're acting like this would destroy their world.
00:58:54.740
And but ironically, yet again, many of these leftists, they actually have a point because
00:58:59.480
they know that if we if that genie is let out of the bottle, there is no stopping it.
00:59:05.880
And so that's why they had so they know they actually know it's this is real.
00:59:13.380
But from the outside, if you're just like, well, you know, yeah, I guess I'm a pro free
00:59:16.840
speech kind of guy or no, we should moderate like to to that.
00:59:20.400
This discussion must seem like the what's why are they overreacting like this is the
00:59:26.260
Anyway, before I lose it in the Odyssey flow, Lord Aragon.
00:59:33.600
Do you want to take a couple of should we finish this?
00:59:37.880
But that's Facebook is really the real action is in that.
00:59:42.340
It has an outsized influence because media people like it, politicians, world leaders
00:59:48.600
And so one of the issues is if he's not going to do this.
00:59:51.620
And by the way, Twitter and some of its biggest investors like Prince Al Waleed bin Talal are
01:00:02.200
He's going to have to somehow unload this 10 percent stake.
01:00:05.160
And he probably that's probably what he's going to have to do or raise private financing,
01:00:15.040
I didn't play the soundbite, but he was asked if there's a plan B and he laughed and said there
01:00:33.680
I'm telling you, there's the Marvel shit that's been going on the last like decade or so.
01:00:38.400
And all the whatever the hell it is, all these comic books becoming real.
01:00:42.460
There's like this is dominating like the space for a lot of these commentators.
01:00:46.920
But one thing we didn't say is if he dumps his 10 percent, you could have a massive crash
01:01:00.580
Or again, I think at the end of the day, this is about information control.
01:01:06.420
But the point is that they will rather burn this to the ground than let someone like Elon
01:01:18.820
If you think politics is downstream from culture, watch as multiple corporate entities coordinate
01:01:22.280
with investment firms, government agencies, foreign rulers, media outlets to stop one
01:01:26.300
piece of the cultural manufacturing apparatus from falling into the wrong hands.
01:01:34.140
This is about Vanguard now owns 10.3 percent of Twitter, making it a bigger shareholder than
01:01:47.060
And we'll prove that in a little bit here, too.
01:01:48.300
And this is also just another Winklevoss bro here talking about how for a long time,
01:01:58.860
And then since all this has happened, it's like, oh, going nuts.
01:02:08.820
And then it's been going up, I guess, regained some.
01:02:13.400
And that's, I guess, just a little, the latest increase is right there, guys, I think, from
01:02:18.920
But so he could get, he can get it to crash, I think, a little bit, which would be good.
01:02:24.960
If he, hopefully he texts us, like, if I can't have it, no one will it type of approach.
01:02:31.500
And, of course, we have to remember, right, that he might be the first African-American.
01:02:41.720
I mean, they say, you know, that African-Americans are discriminated against and they're not privileged.
01:02:47.020
The richest man in the world right now is an African-American.
01:03:05.020
Privately owned corporations are not new to America.
01:03:09.460
You remember that guy earlier you were playing?
01:03:11.900
JP says, the small hats be like if Twitter stops censoring the truth, it will lead to another
01:03:19.960
Dog Whistler says, Saudis know exactly who to hire to build their buildings, Abraham Houses,
01:03:25.220
buy their firearms, get vaccines, and which sons, Hunter and son-in-laws, Jared, to give millions
01:03:31.880
That's right, Jared Kushner took millions from Saudis as well.
01:03:35.760
Yeah, Hunter, did they have a thing with the Saudis there?
01:03:39.680
It's not fresh in my memory, but yeah, interesting.
01:03:42.000
Snegging says, late for the show, take care of Hill, red eyes, peace.
01:03:46.120
Two more, Bill Hoover says, so the leftists are on the side of oil-rich dictator and globalist
01:03:51.140
money lending corporate raiders that want to censor Twitter versus the environmentalists
01:03:54.760
that invented the electric car with open source to save the planet that wants Twitter to
01:04:05.880
We're going to side with the trillionaires over at Vanguard, BlackRock, right?
01:04:10.980
Bill Hoover, the leftist that wants to block the sale proves that they know that they are
01:04:24.820
Yeah, so let's talk a bit about the BlackRock and I guess Vanguard.
01:04:30.600
And it goes into, it goes, this blends together because they basically own each other, right?
01:04:40.420
Vanguard swooped in and bought, as we said, a larger share of Twitter than Elon.
01:04:46.320
This is about to be the first time a lot of people encounter Vanguard and BlackRock.
01:04:50.500
The veil is off and these people are getting aggressive.
01:04:53.480
I mean, they've been very out in the open about this too, which is kind of interesting.
01:04:57.680
But over the last few years, I mean, BlackRock really kind of showed up out of nowhere, to be honest.
01:05:02.840
Yeah, I mean, I didn't really think about it a couple of years ago, but now it's all the talk.
01:05:08.400
I saw another article today where basically there's another company called Blackstone and I think it was a Schwartzman from there where Larry Fink, the current CEO of BlackRock, used to work and then they split.
01:05:22.960
He was thinking about Black Pebble for a while too.
01:05:25.660
But Blackstone, BlackRock to intentionally elect.