That reason being they are authoritarians at heart: they a very deep-seated unconscious love of strength. Few things project strenght on the instictual level we are talking about, as a male-dominated (formally so even) society run top-down (autocratic) and with a clergy keeping the rules of society firmly in hand.
A Führer the vision of which guides the secular arm, and a moralistic clergy upholding the mores and values and traditions, deciding post facto and ad hoc what is or isn't allowed according to scripture.
Now tell me that does not sound like the woke's wet dream?
I tend to agree. It almost seems like a publicity stunt. The Left never let’s go of their institutions once they bury their claws in. That doesn’t mean it’s actually worth more than what musk is will to pay though.
If I expected dividends from it... Like ever. I would say its not worth anywhere near what Musk is offering. But if I was a Bond villian wanting to regulate free speech it's worth way more.
"If the board rejects the offer, the institutional groups better get their checkbooks ready because they are the deep pockets to sue. One of the largest shareholder class action lawsuits awaits Twitter, the board, Blackrock, State Street, Vanguard if it goes that way - ar least for a company with such little market capitalization. The securities lawyers must be salivating."
Hard no on the danger of lawsuits. Lawsuits would be insubstantial (we are talking about lawsuits weighed against the power to control information) and likely frivolous. Not to mention there are many ways to defend against a hostile takeover....
If Elon’s offer is more gesture than business plan, is his purpose something like anti-woke virtue signaling? What does he gain? He’s a master of timing; how does this relate to upcoming Musk launches?
Maybe you're right, but rejecting Musk's offer would help expose BlackRock etc. as asset mis-managers.
Yes, I think this is theater at a giga-dollar level, but to what end I can’t see.
We can certainly enjoy watching the progressive employees of Twitter align with Saudi Arabia. https://www.thegatewaypundit.com/2022/04/breaking-saudi-owners-twitter-decline-musks-offer-twitter-stock-tumbling/
Progressives love Saudi Arabia for some reason.
That reason being they are authoritarians at heart: they a very deep-seated unconscious love of strength. Few things project strenght on the instictual level we are talking about, as a male-dominated (formally so even) society run top-down (autocratic) and with a clergy keeping the rules of society firmly in hand.
A Führer the vision of which guides the secular arm, and a moralistic clergy upholding the mores and values and traditions, deciding post facto and ad hoc what is or isn't allowed according to scripture.
Now tell me that does not sound like the woke's wet dream?
I guess it's not theater for us.
I tend to agree. It almost seems like a publicity stunt. The Left never let’s go of their institutions once they bury their claws in. That doesn’t mean it’s actually worth more than what musk is will to pay though.
If I expected dividends from it... Like ever. I would say its not worth anywhere near what Musk is offering. But if I was a Bond villian wanting to regulate free speech it's worth way more.
Per NCMom on Greenwald's Substack:
"If the board rejects the offer, the institutional groups better get their checkbooks ready because they are the deep pockets to sue. One of the largest shareholder class action lawsuits awaits Twitter, the board, Blackrock, State Street, Vanguard if it goes that way - ar least for a company with such little market capitalization. The securities lawyers must be salivating."
You see no danger of lawsuits?
Hard no on the danger of lawsuits. Lawsuits would be insubstantial (we are talking about lawsuits weighed against the power to control information) and likely frivolous. Not to mention there are many ways to defend against a hostile takeover....
But what is the precedent and how does it apply here?
I don’t think it will happen either. But Elon could sell his shares and make a killing and start his own?
I would be ok with that scenario
Vanguard and Blackrock are invested with their index etfs.
Also the connections of Twitter into the security state. I doubt they'll approve either.
If Elon’s offer is more gesture than business plan, is his purpose something like anti-woke virtue signaling? What does he gain? He’s a master of timing; how does this relate to upcoming Musk launches?
As usual, Jestre, you’re absolutely incisive on this.