14 Comments

The only way anything makes sense is I divide the cabal into two loosely affiliated but powerful wings -- globalists/ foreign policy / 4th branch/ neocon and progressives./ Politicians / activists. The two wings are Distinct. Not everyone in government is in a wing but both wings hold such sway that everyone else not in one of these camps feels compelled to go along for their best interest or are powerless to oppose. Obama is in the politician wing, Clintons are in the politician wing,, Blackrock, neocons state department is in the foreign policy globalist wing, bluto Barr is in the globalist wing. The progressive / politician/ activist

wing is the lesser, or "appearances" wing, the globalist/ forreign policy bankster wing is the power wing. The wings have struck deals and hold cards against each other. Durham in this sense is a card the globalist wing holds against the political wing. Hunter's laptop investigation as well. Election 2020 as well. Trump isn't in either wing. Nor I suppose is Musk. Anyone not in one of the wings finds himself in a David vs Goliaths situation. That's how it makes sense to me

Expand full comment

I've been saying it for years. Twitter is not financially self-sustaining. They are spending a lot of money, constantly, from someone. At this point, it's hard to believe that would be "investors" hoping to someday turn a profit. It makes much more sense that Twitter is doing exactly what it's being paid to do. Like Google or Facebook, but more so. (I believe Google makes a profit.) Who can foot that bill?

As for Musk, that guy's a spook. Rather, he's a front for something spooky.

http://mileswmathis.com/musk.pdf

Expand full comment

Google's Deep State connections are well documented, and nothing would surprise me less than Facebook being in that class along with Twitter. Re Musk, yeah, I read his Wiki bio some time and it simply left me with the impression I had learned absolutely nothing about him. Which is pretty unusual for someone with his supposed track record.

Expand full comment

I haven’t a clue on the who funds it question. I’m marinating on the article.

I’ve long had questions as to how Facebook could buy up competitors for enormous sums of money when it was still private, and long before it was actually making any money, some before it had any real revenue.

Twitter hasn’t bought up much, but a company loosing hundreds of millions a year, that pre-Musk had accumulated $800million in liability reserves - which based on the footnote appear to be mostly related to shareholder lawsuits - isn’t worth a market capitalization of 10x to 30x its revenue. There is no path to reasonable profit margins, if profit margins at all.

The move to pass a poison pill, almost guaranteed to tank the stock, opens up the door to an insane shareholder class action lawsuit. Since Twitter doesn’t appear able to actually pay it, the deep pockets for individual investors and pension plans are the institutional investors like Blackrock, Vanguard, State Street.

I suppose the institutional managers could end up backing Musk’s push to purchase at escape liability, but with a poison pill now on the table, why would Musk offer to buy their shares?

Based on the economics the market value of social media companies have long been detached from the fundamentals. The absolutely hysterical reaction shows neither the board, nor the CEO, seem particularly concerned about causing predictable financial harm to the shareholders, much less running the company in their best interest.

The fact they’d take on the liability and destroy the company by unanimous board vote shows there is something else going on, and almost certainly cabal-style money beyond comprehension.

Expand full comment

All of which says a lot about where we are as a country and an economy. Thanks.

Expand full comment

In the same spirit as Mark's words above, while I'd still have to see some hard, or at least strong circumstantial, evidence the govt were in on Twitter as the article suggests it may be, the mere fact I don't reject the possibility out of hand is a night and day difference from where I would have been just a few short years ago.

I've been given no reason to believe Twitter can't cover it's costs and make a tidy profit through all the ads it sells, but I'm open to argument this isn't the case if anyone goes beyond mere speculation and actually ends up making such an argument.

Expand full comment

See for yourself. The data is all easy to find...

https://www.marketwatch.com/investing/stock/TWTR/financials/balance-sheet

Smoke and mirrors. Twitter is a company like Brandon is a president. Or Musk is an engineer.

Expand full comment

Expose the percentages of Twitter shares ownership in detail and include Chinese and Russian percentages. (the Saudi Kingdom itself owns 5.2%).

Percentages of ownership of major news outlets would be next thing to look at.

Then let's ask ourselves why all major "news" outlets embed Twitter quotes in all of their stories.

Who benefits from all of this censorship?

Expand full comment
Comment removed
April 15, 2022
Comment removed
Expand full comment

Elon will never see those.

Expand full comment
Comment removed
April 15, 2022Edited
Comment removed
Expand full comment

It's not the compute that's expensive. (Although, all the fancy filtering "AI" isn't cheap.) It's not even the storage (although they store a lot more than when it was just 140 chars of text per tweet). It's the bandwidth. They have a lot of too-expensive employees as well.

As for your "compete with Twitter" proposal, you make it sound so simple! Network effects, tho. You may be amused by this latest stunt of Torba's:

https://news.gab.com/2022/04/14/gab-coms-offer-to-elon-musk/

Expand full comment
Comment removed
April 16, 2022Edited
Comment removed
Expand full comment

Maybe. So far we've got Parler, GETTR, and now Truth Social vying for that 'anti-Twitter' position. Maybe some others? I can't keep track. We'll see how it goes.

Expand full comment

Which famous conservatives would those be, the GOPe that have betrayed us? The sometimes pretend conservatives in the media like Ben Shapiro who frequently betray us? Which famous hand that's put a knife in our back should we be excited to see?

Expand full comment

Are you a tech guy? Honest question, because the point of the CTH post was that the instantaneous interaction features make it more than a bulletin board and each new user adds nx additional interactions thereby preventing economies of scale.

CTH makes a lot of sense, but I'm not a tech guy. I know just enough to know that sometimes very simple philosophical changes can make massive improvements in computing performance. (For example, Hollywood: object oriented programming makes it possible to animate crowds (LOTR battles) and swarms (Finding Nemo) without requiring control of each object in a scene.)

Expand full comment
Comment removed
April 15, 2022Edited
Comment removed
Expand full comment

Cool. Thx for 'splaining it.

Expand full comment