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Musk buys 9.2% of Twitter


               
2022 Apr 4, 8:48am   7,053 views  66 comments

by socal2   follow (3)  

This makes Musk the largest shareholder.

Hopefully he uses this leverage to clean house of all the Commies and Groomers that run this site.

https://www.bloomberg.com/news/articles/2022-04-04/musk-takes-9-2-stake-in-twitter-after-questioning-platform?source=patrick.net

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1   Goran_K   @   2022 Apr 4, 8:51am  

Wow. Crazy move by the real life Tony Stark.

Still needs some allies on the board to really clean house.
2   richwicks   @   2022 Apr 4, 8:52am  

Pfft - if you think censorship is going to end on Twitter just because Musk has a 10% stake in it, you're wrong.

Twitter went nowhere UNTIL it started censoring Trump. The purpose of these companies is to do censorship, not to allow communication or share knowledge. It's to limit it.

You had groups comparing what shots their kids had and what ailments they had - do you think parents were lying about their experiences? This stuff isn't allowed to be discussed, because it's pretty likely vaccines do in some cases cause diseases. Peanut allergy is (credibly) thought to be caused by vaccines that use peanut oil in them. Anybody know anybody that had a peanut allergy when you were kids? It was unheard of when I was a kid, that was 50 years ago.
3   Shaman   @   2022 Apr 4, 9:00am  

Goran_K says
Wow. Crazy move by the real life Tony Stark.

Still needs some allies on the board to really clean house.


I see his statement that he’s going to “be a silent partner” as misdirection. If the Left sees his Twitter stake as an imminent threat to their control of the discussion, they’ll pull out all the stops and go batshit crazy and fuck everything up. He said that to calm the leftists and not challenge them directly. What will be interesting to see are the changes that come to the board. I’ll bet Musk engineers some resignations and some appointments of friends. Then when the board composition is ready, Elon can really start making the pro-freedom changes that need to be made there. With Jack Dorsey out of the way, this is like any other publicly traded corporation, it can be changed from within by shareholder pressure. The CEO can be fired by a board that is newly composed of liberals instead of leftists. The employees can be internally weeded out. This can happen rather silently as well. And then they all wake up one day and Twitter is totally changed. That’s what I think is going to happen.
4   Shaman   @   2022 Apr 4, 9:06am  

The latest news on peanut allergies was a theory I read that goes like this: if a baby gets exposed to a protein with allergic potential in a through the skin type way, and that happens BEFORE they are exposed by eating it, they’ve got a chance to develop an allergy.
Baby wipes are part of the problem because the soap on them renders their tender skin semi-permeable. Mom is making PB&J sandwiches for the other kids and hears the baby cry. She stops, doesn’t wash her hands (which have small amounts of peanut on them) and changes the baby. In that process she renders Junior’s butt skin permeable and then slaps on some peanut residue. His immune system recognizes the peanut protein as an invader and makes antibodies. The next time Junior gets exposed, he’s allergic.
5   richwicks   @   2022 Apr 4, 9:14am  

Shaman says
She stops, doesn’t wash her hands (which have small amounts of peanut on them) and changes the baby. In that process she renders Junior’s butt skin permeable and then slaps on some peanut residue. His immune system recognizes the peanut protein as an invader and makes antibodies. The next time Junior gets exposed, he’s allergic.


I'm not drawing a conclusion here, but they are LITERALLY using peanut oil to inject into people.

https://www.creative-diagnostics.com/peanut-oil-vaccine-adjuvant.htm?source=patrick.net

Think that could contaminate a child's immune system?

Engh, whatever. I don't particularly care about this, by I have a friend with 2 small children that obsesses about it - his kid has allergies to peanuts - and it's his FIRST kid - milk too - which I guess isn't so unusual. Apparently I had the same allergy when I was tiny.

Anyhow, the vaccine question is impossible to rationally discuss, because the media has defined an "anti-vaxxer" to be somebody that doesn't know science, has done zero research, and doesn't understand basic biology. I literally can't talk about this with most people because of this. When I found out that peanut oil was being used as an adjuvant I went from dismissing it to thinking "that's got to be BS" - but it's not. It's entirely credible that INJECTING it into a person's system could cause a fierce immune reaction, that's the whole purpose of the adjuvant anyhow.
6   socal2   @   2022 Apr 4, 10:21am  

Shaman says
The employees can be internally weeded out. This can happen rather silently as well. And then they all wake up one day and Twitter is totally changed. That’s what I think is going to happen.


That is my hope.

As the single largest share-holder, Musk will be able to throw his weight around.

All Musk really needs to do is make Twitter's algorithm open sourced so the whole world can see the type of censorship, shadow banning and other bullshit the Groomers and Commies have been implementing against Conservatives the past few years. Still amazing to see that Trump is banned from Twitter but the Taliban, Ayatollahs and Putin are still able to post in good standing.

If you are a Libertarian or Conservative and against the stifling Liberal group-think POV shoved down our throats in every public space. Musk is one of our best and most powerful allies. The dude walks the walk.
7   richwicks   @   2022 Apr 4, 10:26am  

socal2 says
If you are a Libertarian or Conservative and against the stifling Liberal group-think POV shoved down our throats in every public space. Musk is one of our best and most powerful allies. The dude walks the walk.


He's PT Barnum that depends on government subsidies and lives off from the taxpayer. He's no libertarian.
8   socal2   @   2022 Apr 4, 10:47am  

richwicks says
He's PT Barnum that depends on government subsidies and lives off from the taxpayer. He's no libertarian.


This is such an ignorant take. You might want to read up a bit more.

Tesla got the same Federal subsidies that every other US car maker was eligible for to make EV's. At the end of the day, Tesla got a much much smaller subsidy or bailout than GM got from the Federal Government, but Tesla paid it back early with interest.

Again - every US car maker is eligible for the EV subsidies that Tesla got.

Same deal with SPACEX but even at a much bigger scale. SPACEX hasn't gotten a fraction of US funding as the big Space/Defense contractors like Northrup Grumman or Boeing has gotten over the years. But SPACEX is already running circles around these big defense contractors at a fraction of the cost.
9   richwicks   @   2022 Apr 4, 11:03am  

socal2 says
richwicks says
He's PT Barnum that depends on government subsidies and lives off from the taxpayer. He's no libertarian.


This is such an ignorant take. You might want to read up a bit more.

Tesla got the same Federal subsidies that every other US car maker was eligible for to make EV's.


Tesla wasn't created by Musk. He took it over and forced the original founders out and he's re-written history to make it appear he was the founder.

We have no idea what he gets, the government fucking lies about EVERYTHING if you haven't realized it yet. They pick winners and losers. Amazon controls all the records of all the intelligence agencies now - so they're never going out of business. That's "capitalism" for you.

socal2 says
Again - every US car maker is eligible for the EV subsidies that Tesla got.


There should be no subsidies at all, period. In the commodity space the reason a product is more expensive than another product, is that the raw energy needed to construct it is more. The cost is directly proportional to the energy it takes to make it. The reason EVs are expensive is because MASSIVE amounts of energy need to be used to mine the rare earths to make the batteries. They don't make any economic sense at all. They do not reduce pollution, they just move it elsewhere, they aren't 0 emission vehicles.

socal2 says
Same deal with SPACEX but even at a much bigger scale. SPACEX hasn't gotten a fraction of US funding as the big Space/Defense contractors like Northrup Grumman or Boeing has gotten over the years. But SPACEX is already running circles around these big defense contractors at a fraction of the cost.


We really don't know because all military expenditures are bullshit and part of national security.

Boeing should have basically gone bankrupt when two of their planes crashed because of defective software design - they didn't, of course, because they are really defacto arms of the US government.

We are not in a capitalist system, at all.
10   socal2   @   2022 Apr 4, 11:29am  

richwicks says
We have no idea what he gets, the government fucking lies about EVERYTHING if you haven't realized it yet.


You admit you don't really know if Musk depends on subsidies and the US taxpayer, but you are still willing to basically call Musk a grifter? Must be a nice way to argue when you can simply say our entire reality is a lie and there are no verifiable truths?

The fact that Biden and the Democrats are going out of their way to snub Musk and Tesla and harassing him with the SEC doesn't give you pause?

Musk has been front and center criticizing California's crazy regulatory climate and COVID lockdowns. Musk put his money where his mouth is and moved his HQ's to Texas. Musk is not woke, or beholden to anyone and is now going after the Progressive's greatest tool (Twitter) they use to set the narrative and censor other opposing views. Musk even said that the US needs to increase our oil production in the near-term to handle the geopolitical shocks we are facing.

What more can you ask for?
11   Goran_K   @   2022 Apr 4, 11:35am  

I am a fan of Elon. Out of all the billionaire personalities out there (Gates, Bezos, Zuck, Bloomberg), he seems the most “normal” and least dangerous.

Side note: I own a Model 3 and love it.
12   richwicks   @   2022 Apr 4, 11:41am  

socal2 says
richwicks says
We have no idea what he gets, the government fucking lies about EVERYTHING if you haven't realized it yet.


You admit you don't really know if Musk depends on subsidies and the US taxpayer, but you are still willing to basically call Musk a grifter?


I'm saying it's more than a little suspicious that Tesla has a higher market cap than all of the largest auto-manufacturers in the WORLD do.

The hyperloop concept has been around since 1800 something, and was abandoned for a reason.

The boring tunnel idea he had just moves roads underground, it literally fixes nothing, it's a stupid idea.

He spend an inordinate amount of money for Solar City - a company that proved that solar electricity isn't yet a viable alternative to conventional energy even with all the ridiculous restrictions on plants here.

socal2 says
Must be a nice way to argue when you can simply say our entire reality is a lie and there are no verifiable truths?


I'm just giving my opinion on him. Something smells about Musk, and no pun intended. There are constructs in Silicon Valley. Just like Jeffrey Epstein wasn't really a billionaire but was just collecting intelligence, something is weird about Musk too.

Time will reveal him if there's anything to reveal. A lot of the ideas he promotes shows a PROFOUND lack of engineering and scientific knowledge. He reminds me of Steve Jobs who was another "genius" who was anything but - he was just a ruthless businessman.
13   Goran_K   @   2022 Apr 4, 12:29pm  

I don’t think Musk is a “genius” but he does get things done. He basically revamped the US space program single handedly, made electric cars cool again, and is going to allow internet access from basically anywhere on the globe.

The other billionaires are basically trying to take away your gun rights, sell your personal info, and practicing eugenics on your kids. Musk ain’t that bad.
14   Patrick   @   2022 Apr 4, 12:32pm  

I agree. I don't see any good reason to object to Musk yet.
15   richwicks   @   2022 Apr 4, 12:39pm  

Goran_K says
I don’t think Musk is a “genius” but he does get things done. He basically revamped the US space program single handedly, made electric cars cool again, and is going to allow internet access from basically anywhere on the globe.

The other billionaires are basically trying to take away your gun rights, sell your personal info, and practicing eugenics on your kids. Musk ain’t that bad.


15 years ago Google did no evil, and we believed them. Takes a few years to see what is behind the mask.

I'd have to say in my opinion the space program is pretty pointless - we really don't do anything on the ISS, it's all just PR nonsense. Also Starlink has one problem it requires a TON of energy to run and speeds are comparable to a DOCSIS modem. Might be better to have an electrical drone plane flying constantly as a "satellite" - having it swapped out 3-4 times in a 24 hour period with another. That could serve a small city. You'd have problems in storm conditions though.

I don't understand this obsession with space to be entirely honest. Let's say a nation does establish some research colony on the moon - so what? So people go to live in a tiny little prison for 6 months to a year at a time. Great. It was all neat when I was, say, 5 years old watching Space 1999 on the TV, I have quite a more realistic point of view today. Unless there's a scarce resource on the moon that can be mined at a cheaper cost than it would take to mine it on Earth - going to the moon is pointless.
16   Goran_K   @   2022 Apr 4, 12:53pm  

richwicks says
Goran_K says
I don’t think Musk is a “genius” but he does get things done. He basically revamped the US space program single handedly, made electric cars cool again, and is going to allow internet access from basically anywhere on the globe.

The other billionaires are basically trying to take away your gun rights, sell your personal info, and practicing eugenics on your kids. Musk ain’t that bad.


15 years ago Google did no evil, and we believed them. Takes a few years to see what is behind the mask.

I'd have to say in my opinion the space program is pretty pointless - we really don't do anything on the ISS, it's all just PR nonsense. Also Starlink has one problem it requires a TON of energy to run and speeds are comparable to a DOCSIS modem. Might be better to have an electrical drone plane flying constantly as a "satellite" - having it swapped out 3-4 times in a 24 hour period...


Well what’s the trouble in giving the guy a pass until he starts doing evil billionaire shit?

As for space, it’s a personal dream of Musk to create a multi-planet society. The benefit? Short term, the technologies developed which will include automated construction modules, advances in AI, material sciences, etc. Just like the lunar program at NASA created many technologies we still use today.

The long term benefits? Immeasurable. Musk may terraform Mars creating another livable biosphere friendly to human life. Earth is great. But one lunatic with a nuclear weapon, and this whole place becomes an irradiated waste land. Or maybe an asteroid wipes us out. Who knows?

For all the people that say “but Musk should be saving Earth”. Sure, why don’t those people use their own money and resources and get right on that? It seems like the people most critical of Musk and his plans are trying to impose their ideology on Musk instead of pursuing their own dream themselves.
17   socal2   @   2022 Apr 4, 1:00pm  

Goran_K says
For all the people that say “but Musk should be saving Earth”. Sure, why don’t those people use their own money and resources and get right on that?


Not to mention Musk is doing plenty to help the planet by making EV's a viable market and massively improving battery storage technology.
18   richwicks   @   2022 Apr 4, 1:07pm  

Goran_K says
Well what’s the trouble in giving the guy a pass until he starts doing evil billionaire shit?


He's already doing evil shit. Teslas, for example, are made not to be user serviceable. They are entirely proprietary.

Goran_K says
The long term benefits? Immeasurable. Musk may terraform Mars creating another livable biosphere friendly to human life. Earth is great. But one lunatic with a nuclear weapon, and this whole place becomes an irradiated waste land. Or maybe an asteroid wipes us out. Who knows?


Let's say you could terraform Mars tomorrow by snapping your fingers. Here's what you'd actually get once humans were settled there.

You'd end up with a race of human beings that grew up in 1/3rd gravity who wouldn't be compatible with Earth gravity. You'd have a whole new race in a matter of just a few generations.

I've been reading up in advances in neural networks. It was once thought humans were entirely digital, we're not - we're a combination of analog and digital. With this knowledge, it's conceivable we can make a machine analog to a human mind. The problem with doing this is that if this is done, it will become the singularity - i.e. make a mind that can understand how to build itself, and it can improve itself. As a result it does, and it constantly gains intellect, until it's a perfect intellect. There's this interesting company that is using NAND flash memory to simulate neural networks, instead of storing a 0 or 1 is can store between a 0 and a 1 - basically, it uses V=IR to do multiplication where R is proportional to the charge on the gate, and with a constant current, the voltage gives you the multiplication of the resistance and current. It's analog so it's no precise, there's some variation in exactly how much current you're feeding it, but it's "generally" right - close enough.

If we try to build AIs, general AIs to create a livable off planet location, they will rapidly combine, and just end up being a god - we'll be pets, at best. I doubt we'll become a nuisance though, an AI wouldn't have any of our restrictions, and it's likely to just leave the planet, and MAYBE keep us as treasured pets. Musk has a 1950's idea of space travel to me and the "adventure" that would be. It would be nothing like the comic books or films. It's all kinds of childish to me now that I know more.
19   EBGuy   @   2022 Apr 4, 1:31pm  

WTF is going on. When I hopped on YouTube last night there was a supposed "livestream" from ARK Investment (Cathie Wood) interviewing Elon and Jack! (yes, Twitter & Square Jack) about crypto. Looks like the stream is still (?) going. Or is it on an infinite loop? If so, I hope some sues Utube for false advertising.
https://www.youtube.com/watch?v=xf54P1-77yc
20   TheAntiPanicanLearingCenter   @   2022 Apr 4, 2:48pm  

Revolver News - Article written just before Elon's buy of Twitter:


Creating an alternative platform could be interesting, though several of these exist already. Twitter remains, by Elon’s own admission, the de facto public town square. Despite its severe censorship, it is still the only major digital public space where anonymous accounts can interact with celebrities, journalists and business titans (including Elon), where world leaders engage in spirited public diplomacy, and where dominant cultural and political narratives incubate and spread.

The most exciting possibility is therefore the most obvious one: Musk should simply buy a controlling stake in Twitter itself. He could certainly afford it. At $31 billion, Twitter’s market cap is less than 15 percent of Musk’s current net worth. Even if one regards Twitter stock as entirely worthless, Musk could theoretically buy a controlling stake in it and still be the world’s richest man by fifty billion dollars, and free speech would be restored to the “land of the free.”

But in practice, it’s not that easy. In fact, one would be hard pressed to imagine a project more dangerous and difficult than restoring free speech to a major tech platform like Twitter. At the same time, it’s hard to imagine a more worthwhile project. Restoring genuine free speech would do more for patriotic Americans than the GOP taking back the White House in 2024, and it would pose a greater threat to the ruling Regime than anything Russia, China, or Iran might plausibly do.

Free speech online is what enabled the Trump revolution in 2016. If the Internet had been as free in 2020 as it was four years before, Trump would have cruised to reelection. Massive censorship and suppression are the tools needed to prop up Covid tyranny, the Ukraine war fever, and the idea that Lia Thomas is a “woman.” America’s decrepit and illegitimate ruling class intuitively understand this: Absolute freedom of speech, or even the speech norms that prevailed a mere decade ago, would instantly cause the American regime as we know it to crumble.


https://www.revolver.news/2022/04/elon-musk-buy-twitter-free-speech-tech-censorship-american-regime-war/?source=patrick.net
21   EBGuy   @   2022 Apr 4, 3:18pm  

I thought this didn't pass the sniff test...
Fake Cathie Wood Video Scamming Users
A YouTube channel started livestreaming a video of ARK Invest CEO Cathie Wood talking about cryptocurrencies in the early hours of Friday. Also included in the video were Tesla CEO Elon Musk and Block CEO Jack Dorsey. ... At the time of writing, there have been over 150 transactions on both wallets provided with about $400K already siphoned off unsuspecting investors.
Looks like its running under an Elon Musk account now...
https://www.youtube.com/watch?v=Y3QzyD9GZ6k
22   tanked   @   2022 Apr 4, 3:30pm  

Patrick says
I agree. I don't see any good reason to object to Musk yet.


Do u think 5G is safe? He's putting up low orbit 5G sats. Just curious. 5G danger is now on the NIH.gov site.

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