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SEC Escalates Conflict with Elon Musk

Federal agency probing legality of Musk's $44 billion purchase of Twitter

Some people might be inclined to think that Elon Musk’s purchase of Twitter (which he renamed X) on October 28, 2022 was for a fair price. At that time, he paid $54.20 per share for a company that was trading at $38.76, or $15.44 over the market price (at 39% premium).

Given that Mr. Musk was not already the owner of any broadcasting or internet media company, there could be no antitrust laws in question. So what was the problem—that is, why is the SEC suing him for allegedly breaking securities laws?

In May of this year, the SEC announced it was investigating why Musk failed to file the correct form. The agency subpoenaed him to appear at its San Francisco office to provide testimony. Musk has stated he regarded this action as harassment and that he has had enough of the agency’s queries.

Reuters just published a report on this ongoing feud between the powerful federal agency and the world’s richest man, though it’s not very illuminating.

Musk has vehemently expressed his commitment to maintaining free speech in one of the nation’s largest public forums. By spending billions of his own personal funds, he put his money where his mouth is.

One wonders what the SEC’s actions in this matter are really all about.

One wonders what the SEC’s actions in this matter are really all about.

CNN ran a story yesterday headlined, “New York appeals court halts the process of breaking up Trump’s businesses but rejects stopping the trial.”

Trump’s lawyers had a partial win yesterday, when the New York Appellate Court stayed Judge Engoran’s order cancelling all Trump’s New York businesses licenses in the state. The general rationale was that those businesses are separate legal entities and were not represented in the trial and had no chance to argue for themselves.

The appellate court predictably declined to stay the entire trial, which will continue, but the judge’s earlier order is on hold until after the trial and pending further appeal.

Only banana republics like the US make up charges and prosecute opponents of the regime.

US Attorney Refuses to Reveal Names of “Five or Six” People Involved in Decision Not to Prosecute Hunter Biden

Matthew Graves, a Biden-appointed US Attorney for DC and the January 6 lead prosecutor, refused to reveal the names of those involved in a decision to not bring charges against Hunter Biden.

Graves told lawmakers he is “already dealing with enough threats and harassment” in the transcript obtained by Just the News.

He told lawmakers how his office did not partner with US Attorney from Delaware Dave Weiss. Weiss was eventually given special counsel status and charged Hunter Biden with federal crimes related to a gun purchase.

According to the transcript, Graves met with “five or six” people from his office in March 2022 to determine whether Hunter should be charged with tax crimes. Three weeks later Graves’ office decided not to be involved in Hunter Biden’s case, Just the News reported.

DOJ Declined To Charge Senior FBI Employee Who Solicited Prostitutes, Government Watchdog Finds

A U.S. Department of Justice Office of the Inspector General (OIG) report released Wednesday found that a senior FBI employee had been soliciting prostitutes from massage parlors, but announced that federal and state criminal prosecutors had declined to press charges.

The OIG was investigating the senior employee after receiving information about them from the FBI suggesting that they frequented massage parlor prostitution fronts run by a foreign national with whom they had an unreported “close or continuous” relationship, in violation of FBI policy, according to the report. The report did not go into detail as to why prosecutors did not pursue the case. ...

a senior FBI employee had been soliciting prostitutes from massage parlors

you will see this all over the world. it’s not an accident, it’s the emergent needs of regimes that are out of rope, out of money and credit, have nothing of value to sell you, and who cannot fool you anymore.

they will censor, vilify, and ultimately attack.

the astonishing inversions to come would have made orwell blanche...

you cannot sustain the illusion of freedom in the face of such blatant machinations and visible manipulation.

and as that dies, so too does legitimacy.

The imposition of a gag order on Trump means a judge can decide what the GOP front-runner can and cannot say in a presidential campaign.

https://thefederalist.com/2023/10/17/the-entire-premise-of-trumps-j6-trial-is-an-affront-to-free-elections-and-rule-of-law/

The imposition of a gag order on Trump means a judge can decide what the GOP front-runner can and cannot say in a presidential campaign.

I know what you’re thinking! You’re wondering whether the FBI is going to track the all these insurrectionists down using advanced image analysis, send stormtroopers to raid all their houses in the wee hours, perp walk them in front of their kids, interrogate their employers, charge them with criminal trespassing and interference, and try them before DC juries before locking them up for one to ten years.

Nope! It will never happen. What a silly question. They vote democrat. They’re not worried about it at all.

While House and Senate oversight committees were investigating the Department of Justice and the FBI for their role in the Russia-collusion hoax, the DOJ subpoenaed the private phone and email logs of multiple congressional staffers, a Freedom of Information Act (FOIA) request filed Tuesday reveals. The executive branch’s targeting of staffers assisting with congressional oversight of the DOJ and FBI represents a dangerous intrusion into the legislative branch’s functioning — and one that demands answers and an accounting.

On Tuesday, the Virginia-based whistleblower firm Empower Oversight dispatched a letter to the attorney general and a slew of other DOJ officials, including the U.S. attorney for the District of Columbia. That letter detailed how the organization’s founder, Jason Foster, learned last week from a notice provided by Google that the DOJ had subpoenaed records of his Google Voice telephone number. The subpoena issued to Google required the tech giant to provide all telephone connection records and text message logs for Foster’s private Google account from Dec. 1, 2016, to May 1, 2017.

In the “you can’t make this stuff up” department, the UK Daily Mail ran a story yesterday headlined, “Biden-appointed prosecutor ADMITS he declined to prosecute Hunter for tax crimes because he was 'short-staffed.”




Diverse U.S. Attorney Martin Estrada, a Joe Biden-appointed DOJ prosecutor, tendered a sworn statement to Congress this week wherein he testified he declined to prosecute Hunter Biden — Joe Biden’s son — for very serious crimes because, and this is 100% true and not made up, Estrada explained he was ‘short-staffed.’

In other words, Mr. Estrada was just too busy. What can I tell you? Crime fighting can get pretty hectic. There is a very technical and complicated interplay between DOJ assignments that ordinary Americans cannot fully appreciate: “Every attorney you assign to a case means you can't do another case,” Estrada sniffed, according to his October 24th House Judiciary transcript.

But … somehow, the DOJ has not been too busy to prosecute thousands of regular citizens for misdemeanor trespassing. US Attorneys also weren’t too busy to investigate homeschool moms for criticizing school board members. And they weren’t too busy to investigate abortion clinic protestors for civil rights violations. And they aren’t too busy to investigate Tesla for “exaggerating” the range of its battery-powered cars.

A car company exaggerating car features? That is way more important than stopping a president’s son from peddling influence to shady oligarchs all over the worst parts of the world. I mean, be serious.

“Biden-appointed prosecutor ADMITS he declined to prosecute Hunter for tax crimes because he was 'short-staffed.”

The first question is: should we have simply assumed it’d all turn out fine? No. Remember, Democrats spent much of 2020 screaming about abolishing the police. Then, with SBF suddenly they pivoted4 to “lol, can’t believe you didn’t trust the police!”

But we don’t trust the police. Because the SBF case didn’t happen in a vacuum. Faith has legitimately been lost in America’s once-admirable legal system.

After all, thanks to Soros prosecutors, crime is de facto legal in major American cities. Hard drugs are sold in public. Supermarkets and trains are looted in broad daylight. Car windows are smashed, and everything is grabbed. Mobs block roads and swarm passerby at BLM/Hamas meetups. And the police do nothing.

Meanwhile, as the prosecution of actual crimes winds down, the prosecution of political crimes ramps up. The Republican Douglas Mackey is spending almost as much time in jail for tweeting a joke as the Democrat Colinford Mattis is for firebombing a police car. We’re in the era of show trials, where the Russiagate charges are slowly admitted to be false and the Hunter Biden allegations are gradually acknowledged to be true — but only after the elections when it doesn’t matter anymore.

None of this is justice. So, no, we don’t trust the police. And the fact that the criminal justice system eventually, grudgingly got the right outcome after massive international public pressure on an obvious fraud who stole ten billion dollars in broad daylight is not something to brag about. It’s like the (NSFW) Chris Rock clip: this is the bare minimum of what the state is supposed to do! It doesn’t get a cookie.

Trump Lawyer Alina Habba Shreds NY AG Letitia James: ‘She’s Got Nothing But Her Soros Backing’

I told her, she did not flunk she passed a very important test, and I couldn't be more proud of her. It means you're not woke enough to work for the Federal government.

Then I told her, how the government and many enterprise organizations are woke and foster nothing but a culture of victimhood, whinners, while the producers are burdened with carrying everyone's work load, while being scrutinized and marginalized in meetings.

I also told her sometimes they hold interviews because they have to show good faith that they tried to hire local candidates. But no matter how good those candidates are, their minds are already made up to import HB1 Visa workers. So don't take any of it personally. And I for one couldn't be more proud that She is NOT Federal Government material.