EU officials have warned Elon Musk that he faces steep fines or an outright ban if he follows a “free speech” model once his purchase of Twitter is complete. How far will authorities go to restrict freedom of expression? Also: Twitter’s top censor breaks down in tears at the thought of her reign coming to an end. And finally: Wimbledon’s racism.
What’s on Elon Musk’s mind? In conversation with head of TED Chris Anderson, Musk details how the radical new innovations he’s working on — Tesla’s intelligent humanoid robot Optimus, SpaceX’s otherworldly Starship and Neuralink‘s brain-machine interfaces, among others — could help maximize the lifespan of humanity and create a world where goods and services are abundant and accessible for all. It’s a compelling vision of a future worth getting excited about. (Recorded at the Tesla Texas Gigafactory on April 6, 2022) Just over a week after this interview was filmed, Elon Musk joined TED2022 for another (live) conversation, where he discussed his bid to purchase Twitter, the biggest regret of his career, how his brain works and more. Watch that conversation here: https://youtu.be/cdZZpaB2kDM
Twitter shut down the president of the United States, which, if it’s controlled by the government, while the elites take the profits, it means the government itself shut Trump down. What would be the implications of that, and how the heck could this scandal be corrected? It would show the extent of the rot of the Deep State that an entity so closely connected to the federal government could carry out that kind of coup. And that presents a constitutional crisis. This kind of third-world behavior would have to be exposed by Musk — and Congress would need to stop it.
Elon Musk is offering to buy Twitter for $43 billion, saying the social media company “needs to be transformed as a private company.”
The billionaire and founder of electric car maker Tesla, who earlier this month disclosed he owns a 9.2% stake in Twitter, proposed in a regulatory filing on Thursday to buy all of the company’s outstanding common stock for $54.20 per share.
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” he said in the filing. “However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form.”
The market acted as one might expect of a company that has seen stagnant growth over recent months:
Twitter shares rose 3.6% to $47.49 in early trading. Shares in the social media platform, which was valued at $37 billion prior to Musk’s offer, had declined by roughly a third over the prior year.
It prompted huffing and puffing from the likes of the Washington Post, owned by mega-billionaire Jeff Bezos, about Musk being a threat to democracy or something.
The blue checks, meanwhile, completely beclowned themselves:
David Leavitt, the third blue check on that list, recall, is the one who tried to shake down a Target employee for an $89.99 toothbrush for a penny, called the police, and then used Twitter to doxx her when he didn’t get what he wanted.
Yesterday was a flagship day in corporate media. It was the day they were forced to explicitly state what has long been clear: they not only favor censorship but desperately crave and depend on it. Even if Musk doesn’t buy Twitter, never forget what yesterday revealed.
Saudi Arabia’s Prince Alwaleed bin Talal, who owns roughly 5% of Twitter, tweeted that the bid significantly undervalues the company and that he will reject it.
Musk shot back in a tweet: “How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom’s views on journalistic freedom of speech?”
Saudi Arabia’s richest man has a stake in Twitter?
Isn’t it obvious by now that pervasive dishonesty is the foremost crisis of many crises in Western Civ generally and American life in particular? All our authorities have made themselves false, lying their way into the broad collapse of confidence that drives the nation toward some culminating horror show of strife and loss.
The go-to lever of concerted mind-fuckery has been the term-of-art misinformation, applied especially to things and propositions that are truthful — thereby confounding the public’s ability to discern truth in anything, or to discover how they are being misled in matters of life and death. We’ve allowed the worst in human nature to disgrace ourselves. Satan, Father of Lies, is Western Civ’s paragon of disgrace, and so American life appears more and more Satanic and disgraceful.
All this was epitomized in the operation of Twitter, the cheerful little bluebird of social messaging which evolved in a very few years into an instrument of coercion, punishment, deception, and lying, until it became clear that Twitter’s misinformation was misinformation itself. Half the nation doesn’t believe anything it is told by those in authority and the other half revels in its reckless abuse of authority.
And so, it’s refreshing to see one Elon Musk act to seize control of this Satanic vector of disgrace. Mr. Musk appears motivated to defeat the culture of lying by restoring open debate in the ubiquitous online public arena. It’s a heroic deed. But, you see, it’s not merely Twitter’s management or its biggest shareholders that Mr. Musk is messing with, but malign forces in the US government, which have surreptitiously taken control of Twitter and other social media to work its will on events. If you don’t know that Twitter, Facebook, and Google are proxies serving the US Intel Community, then you have not been paying attention.
Using Twitter to impose that culture of pervasive dishonesty in public chatter is what gave permission for all others to follow the script. Medicine has succeeded completely in disgracing and destroying itself by lying about everything connected to Covid-19, from its origins, to the insanely outlawed treatments for it, to the harmful actions of the vaccines, to the hidden data that might tell us the results of all that lying. Twitter set the tone for that with its censorship policies. Anyone who suggested that lockdowns, masking, remdesivir protocols, and vaccine mandates violated common decency was tossed out of the arena, often with added punishment of losing a career, a professional license, a livelihood, and having to endure the betrayal of colleagues cowed into silence.
Twitter also enabled the suicide of higher education, which has succumbed to a plague of Jacobin craziness that would embarrass the inmates of an old-time locked ward. The failure of authority on campus is cosmic. Can you name a single college president who has raised a voice against such manifest idiocy as men competing in women’s sports, the invention of ersatz fields of study, the re-segregation of dormitories and graduation ceremonies, the shouting down of invited lecturers, the persecution of free-thinking faculty, the kangaroo courts for sex disputes, and a hundred other violations of intellect and decency?
All this coerced insanity has been nurtured by social media’s sly mechanisms for bending narrative into propaganda: their beloved algorithms, all fine-tuned to destroy anything that touches on truth. The result is a country so marinated in falsehood that it can’t construct a coherent consensus of reality, and can’t take coherent actions to avert its own collapse.
Elon Musk just sat down with the guys from the Babylon Beefor a 54-minute interview, where the Tesla and SpaceX founder savaged Sen. Liz Warren, and described woke culture as a “mind virus.”“You were pretty mean to Senator Warren there on Twitter recently,” said Babylon Bee EIC Kyle Mann. “Ya slammed her man.””Please don’t call the manager on me, Senator Karen,” he continued – citing Musk’s December 14th response to Warren slamming him for not paying ‘enough’ taxes.To which Musk replied: “She struck first, obviously. She called me a freeloader and a grifter who doesn’t pay taxes, basically. And – I’m literally paying the most tax that any individual in history has ever paid, this year, ever. And she doesn’t pay tax… basically at all. And her salary is paid for by the taxpayer, like me.””Could you even use the term irony, would that work?” asked one of the Bee guys.”If you could die of irony, she would be dead.”Musk also opined on woke culture – calling it a “mind virus,” and “arguably one of the biggest threats to modern civilization.”
“Wokeness wants to make comedy illegal,” Musk continued, adding “Do we want a humorless society that is simply rife with condemnation, and hate? At its heart, wokeness is divisive, exclusionary and hateful. It basically gives mean people a shield to be cruel, armored in false virtue.”
NOW – Elon Musk: “Wokeness basically wants to make comedy illegal, which is not cool… do we want a humorless society that is simply rife with condemnation, and hate?”pic.twitter.com/V9PJ5B3uKl
Bee CEO Seth Dillon asked Musk if he gets sick of people badgering him about his wealth, to which he said that until he sold stock, he maintained relatively little cash balances – and that he happens to own 20% of a company that people decided was worth a trillion dollars.He also defended ‘not paying taxes,’ explaining that in 2017 he overpaid, which netted out in 2018, and that since the majority of his wealth is in stock anyway that he wasn’t incurring taxable events.”What am I supposed to do, send shares to the government, somehow?” said Musk.Watch the full interview below:
Elon Musk didn’t have a care in the world last week as he hilariously mocked questions in a live interview with the Wall Street Journal.
The Journal’s reporter had essentially prepared a number of softball questions designed for Elon to praise the US government’s new ‘Build Back Better’ bill.
If you haven’t heard, the legislation contains a number of provisions which should greatly benefit Tesla, including major subsidies to build electric vehicle charging stations across the US.
But Elon had no interest in the puff piece.
“Unnecessary,” he interjected when the reporter started to ask what he thought of the subsidies.
“Do we need support for gas stations? We don’t. So there’s no need for support for a charging network. I’d delete it. Delete.”
This left the reporter flummoxed… how could Elon possibly not be excited about “free” government money that would support his business?
But Elon’s point seemed completely lost on her.
“Seriously we shouldn’t pass it,” Elon continued, almost exasperated.
“If we don’t cut government spending, something really bad is going to happen. This is crazy. Our spending is so far in excess of revenue its insane. You could zero out all billionaires in the country… you still wouldn’t solve the deficit.”
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So the reporter said, well, let’s change the subject.
Elon then sounded-off on issues like the rise of China and corresponding decline of the US. He also called declining birth rates “one of the biggest risks to civilization.”
Now, Elon Musk is a famously eccentric character.
But another more ‘traditional’ billionaire is also on board with this ethos.
Ray Dalio founded and runs the largest hedge fund in the world, Bridgewater Associates.
He has been very vocal over the past several years about the pathetic state of US government finances, and obvious shift of wealth and power away from the US.
Dalio points out that, buying US Treasury bonds (which is tantamount to loaning money to the federal government) USED TO BE a good investment, back when America was actually creditworthy.
But now when you buy bonds, you’re loaning money to the largest debtor that has ever existed in the history of the world… and in exchange you are receiving return that is well below the rate of inflation.
Dalio points out that people still value US government bonds because of “the ‘exorbitant privilege’ the US has had being the world’s leading reserve currency, which has allowed the US to overborrow for decades.”
But there are signs of the changing global wealth and power dynamic, as international investors are starting to shift to Chinese bonds.
That’s a major theme in Dalio’s new book, Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail.
Dalio has made it his life’s work to understand debt and political cycles, in order to foresee risks that others miss, and better serve his clients.
He makes a lot of the same assertions that Elon makes; for example, Dalio explains that economies, governments, and civilizations move in cycles. And in simple terms, there are good parts of the cycle, and there are bad parts.
The good part of the cycle is characterized by peace, prosperity, and production. The bad part includes recession, depression, inflation, social conflict, and war.
If you think about US history, we can see that the 1920s were a ‘good’ part of the cycle. The 1930s and 1940s were bad— the Great Depression, World War II, etc.
Then the 1950s and early 1960s were good again. The late 1960s through the early 1980s were bad, marked by extreme social turmoil, geopolitical conflict, and stagflation.
The mid 1990s through the mid 2010s were generally quite good, especially from an economic perspective.
Now we seem to be in transition once again to a bad part of the cycle— social conflict, inflation, geopolitical tensions, and more.
Dalio’s book, which I highly recommend reading, lays out a very clear case of what is happening right now, and why.
His ideas are quite similar to much of what we have been writing about for so long here at Sovereign Man.
And Dalio has suggested some of the same solutions that we’ve discussed in these pages.
First, education is critical: it’s imperative to understand how these cycles work in order to be prepared for what’s coming.
Mindset is also key: There’s no reason to panic. The world is not coming to an end. But it IS changing. Rapidly.
Dalio writes that the transition from the good part of the cycle to the bad part are rarely smooth or peaceful. And they often coincide with a shift of wealth and power.
And the United States, while still strong, is clearly losing its wealth and power thanks to its historical debt, massive deficits, an utter embarrassment in Afghanistan, the rise of Marxism, ridiculous ‘woke’ national priorities, etc.
For these reasons, it makes sense to take rational steps to mitigate these long-term risks.
Investors frequently diversify their portfolios to reduce risk; they spread their assets around different companies, different sectors, and even different asset classes, in order to ensure that they’re not over-exposed to a single set of risks.
Similarly, our approach at Sovereign Man is to diversify your geographic/country risk as well.
Give serious thought to the long-term risks where you live. Will your home country experience social conflict, inflation, capital controls, or war?
The good news is that not all countries are going through the same part of their cycles. By taking a global view, you can avoid the worst of the economic shifts that Elon Musk and Ray Dalio are talking about… and what we’ve been writing about for years at Sovereign Man.
This could mean securing foreign citizenship or residency, to ensure you always have another place to go, just in case you ever need the option.
It could mean using alternative assets like crypto or precious metals as a hedge against inflation. Or investing internationally to reduce exposure to your home currency.
The key idea is— don’t put all of your eggs in one basket… especially when that basket is the largest debtor in world history that’s blindly racing as fast as it can into a fiscal abyss.
PS: Alternative residency or citizenship generally forms the backbone of any robust Plan B. But there are WAY more things to consider. That’s why we created our 31-page Ultimate Plan B report to help you get to grips with this topic, and you can download the full, unabridged report here – 100% FREE.
Billionaire’s firm selling seats on future missions
John Bacon and Emre Kelly
USA TODAY
VAN HORN, Texas – Billionaire Amazon founder Jeff Bezos and his Blue Origin rocket crew realized dreams and made history Tuesday, blasting off from the West Texas desert, reaching space and returning to Earth with a smooth parachute landing minutes later.
“Happy, happy, happy!” Jeff Bezos said from space. “You have a very happy crew up here!”
The New Shepard provided large windows to enjoy the view, and the crew was also treated to three or four minutes of weightlessness. The booster rocket touched down smoothly, a vertical landing about seven minutes after liftoff. The capsule containing the astronauts landed with parachutes and a “cushion of air” created by retrorockets just over 10 minutes after liftoff.
“Best day ever,” Jeff Bezos said after touchdown, greeted by a sea of cheering Blue Origin employees and others at the company’s campus.
Also on board were his brother Mark, longtime women-in-space advocate Mary Wallace “Wally” Funk, and Oliver Daemen, the de facto winner of an auction for the capsule’s fourth seat. Funk, 82, is now the oldest person ever in space. Daemen, 18, is the youngest. The exultant travelers climbed out of the capsule to hugs from family and friends.
“Congratulations to all of Team Blue past and present on reaching this historic moment in spaceflight history,” Blue Origin tweeted. “This first astronaut crew wrote themselves into the history books of space, opening the door through which many after will pass.”
Tuesday’s flight marked the 52nd anniversary of the Apollo 11 moon landing. Bezos launched not only a much quicker trip to space, but also what the world’s richest man hopes will be a lucrative business. Blue Origin employs thousands across several states and campuses. Competitor Richard Branson’s Virgin Galactic has more than 800 employees. A ticket to space can cost $200,000 or more.
Bezos said Blue Origin plans two more flights this year alone, and that sales of private seats on his flights are already approaching $100 million.
Branson and his crew hurtled historically to the edge of space last week. Bezos and his team say they breached it.
It’s the 16th flight for New Shepard but the first to include people. Bezos and Blue Origin have been somewhat dismissive of Branson’s flight nine days ago, saying Virgin Galactic’s top altitude of 53.5 miles came up short of reaching true space.
NASA, the Air Force, the Federal Aviation Administration and some astrophysicists consider the boundary between the atmosphere and space to begin 50 miles up. Thus passengers on Virgin Galactic tourist trips, which can reach a maximum altitude of about 55 miles, will earn astronaut wings.
New Shepard flew about 66 miles up. That’s past the so-called Karman line, 62 miles above Earth, recognized by most international aviation and aerospace federations as the threshold of space.
New Shepard, a fully automated, 60-foot rocket and capsule, is designed primarily for space tourism thanks to automated flight systems, large windows and a modern interior. After liftoff, the booster returns to the facility for a vertical landing while the capsule briefly floats in space, then touches down near the launch site with the help of parachutes.
Blue Origin’s New Shepard capsule parachutes safely down to the launch area Tuesday near Van Horn, Texas. TONY GUTIERREZ/AP
This leads to the most important reason why this petty SNL controversy matters. It highlights the most important issue in history. Are we meant to solve problems or to complain? Do we strive upward or accept decline? Elon Musk stands for the former; progressives stand for the latter.
The purpose of life is to build something greater than ourselves. A Christian might lead a life of service, but for the glory of God. A patriot dies for his country and people. Parents sacrifice for children. Artists feed the soul. Even athletes encourage us to be stronger and better. The true Right is the pursuit of greatness.
Why do they hate Elon Musk? The head of Tesla and SpaceX should be a progressive hero.
Leftists lecture us about “climate change” and why we need a Green New Deal. One group, Extinction Rebellion, warns of “mass extinction” unless there is revolution. The Guardian says some parents regret having children because of “climate change.”
Elon Musk’s electric vehicle company Tesla should thrill progressives who worry about the planet. President Obama toured SpaceX HQ with Mr. Musk, and he’s hardly a conservative. Mr. Musk endorsed Democrat Andrew Yang in the 2020 presidential campaign and supports a Universal Basic Income. Republicans don’t hate him, either. Democrats and Republicans support him at about equal rates, which is rare in a partisan age.
Elon Musk appeared in the movies Iron Man 2 and Machete Kills as a smart, socially conscious CEO who was saving the world. He represented the ascendant “creative class” — the pragmatic, progressive, environmentally friendly elite who think globally and aren’t held back by old-fashioned nationalism. Elon Musk is even an immigrant. He’s the most successful African-American in the world. It’s especially impressive because he doesn’t get affirmative action (he’s from South Africa).
However, many were outraged learn that he is going to host Saturday Night Live.
Elon Musk hosting SNL is the most reckless casting decision they’ve made since Donald Trump.
Of course Lorne Michaels is letting dangerous loon Elon Musk host SNL. TV networks pay no price when they do harmful things for ratings. SNL paid no price for letting Trump host. Cable news paid no price for lying about Hillary’s emails. We all pay a price – but not the TV folks.
People who are mad about Elon Musk hosting SNL need to understand that hosting SNL is *not* an endorsement, for example Adolf Hitler hosted SNL in 1938
— pixelatedboat aka “mr tweets” (@pixelatedboat) April 24, 2021
Perhaps they were among the people who shorted the stock and lost $38 billion in 2020. Why is this worth writing about?
First, it reflects what progressives think about the 2016 election and what they think must be done to make sure nothing like it happens again. They think without strict media gatekeeping, dangerous forces could emerge.