Elon Musk runs into the Twitter poison pill
Posted By: PageTurner, 4/16/2022 9:07:50 AM
If you want a classic example of "small," a pretty good place to look is on the hallowed heights of the Twitter elite. Elon Musk made Twitter a $43 billion offer to buy the whole company, which amounted to a 38% premium to what the stagnant stock had been trading at before Musk laid down cash to buy his first share. Any normal person would have taken it, as they'd find themselves very, very, well-compensated along with everyone else who owned shares in the company. Any ethical person would put the Musk offer out to a shareholders to vote, given the potential payout. But Twitter's board is none of those things.
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If you want a classic example of "small," a pretty good place to look is on the hallowed heights of the Twitter elite.
Elon Musk made Twitter a $43 billion offer to buy the whole company, which amounted to a 38% premium to what the stagnant stock had been trading at before Musk laid down cash to buy his first share. Any normal person would have taken it, as they'd find themselves very, very, well-compensated along with everyone else who owned shares in the company. Any ethical person would put the Musk offer out to a shareholders to vote, given the potential payout. But Twitter's board is none of those things.
ure enough, Elon Musk pulled the trigger, handed Twitter a fat offer of a buyout, and it's been nothing but bonkersville ever since.
According to CBS News:
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.
Ed Buck sentenced in drug deaths case
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LOS ANGELES - A former Democratic political donor who supplied drugs to two men who overdosed in his West Hollywood apartment was sentenced Thursday to 30 years in federal prison.
Ed Buck, who was found guilty last year of nine felony counts, faced between 20 years and life in federal prison, according to the U.S. Attorney's Office.
In a sentencing memorandum, federal prosecutors said he lured young Black men who were often experiencing homelessness, addiction, and/or poverty to his apartment for sexually charged sessions in which he would inject them with methamphetamine and drug them with sedatives, with and without their consent.
As Vladimir Putin embarks on his Plan B — a massive military operation to try to grab at least a small bite of eastern Ukraine to justify his misbegotten war — I thought: Who could give him the best advice right now? I settled on one of America’s premier teachers of grand strategy, John Arquilla, who recently retired as a distinguished professor of defense analysis at the U.S. Naval Postgraduate School. When I called Arquilla and asked him what he’d tell Putin today, he didn’t hesitate: “I would say, ‘Make peace, you fool.’”
This is also known as the first rule of holes: When you’re in one, stop digging.
Democrats are facing a nightmare scenario with about six months to go before the midterm elections.
Inflation, immigration, the war in Ukraine and the still-lingering COVID-19 pandemic make for a dreadful political atmosphere for President Biden’s party.
The problems are compounded by Biden’s weak approval numbers and the historical pattern whereby a president’s party typically loses seats in the first midterms of his tenure.
Some Democrats believe a turnaround is still possible, or at least that losses can be kept modest.
But others, granted anonymity to speak candidly, sound a louder alarm.
Millions of Americans are paying taxes this week. What worsens the pain is to see President Biden spending our tax money on hotel stays, debit cards and cellphones for migrants illegally crossing the southern border.
Mr. Biden is rolling out the welcome mat.
Illegal border crossers will no longer be treated like criminals but more like customers. The president’s fiscal budget, presented March 28, cuts funding for Immigration and Customs Enforcement by 8 percent despite an expected surge in migrants and reduces detention beds.
Meanwhile, Mr. Biden’s increasing funding for a speedier service for migrants entering the country illegally, with more flights and ground transportation. Kind of like a travel agency.
Mark Zuckerberg, whose $419 million "Zuckerbucks" vote-rigging operation played a significant part in swinging the election to Joe Biden in 2020, now says he's a changed man.
A representative for Mark Zuckerberg confirmed the Facebook CEO will not make another multi-million dollar donation to aid this year’s elections, which comes after fierce pushback that Zuckerberg’s 2020 contributions tilted the outcome of the presidential race toward President Biden.
"As Mark and Priscilla made clear previously, their election infrastructure donation to help ensure that Americans could vote during the height of the pandemic was a one-time donation given the unprecedented nature of the crisis," Ben LaBolt,
A stopped clock is right twice a day, and sure enough, that brings us to White House spokesweasel Jen Psaki.
The latter spoke the truth for once, at least on the words "extraordinarily elevated," now that the consumer price index (CPI) has been released, showing a higher-than-forecast 8.5% rise, and sure enough, for once she was right.
According to the Daily Caller, she tried to prime the ground for the coming number just yesterday:
“Because of the actions were taken to address the ‘Putin Price Hike,’ we are in a better place than we were last month, (snip)
The rest of her statement was garbage.
In their never-ending quest to remake and remodel California into a greenie socialist paradise, the tsentral planners running California have once again blundered like boobs again, failing to anticipate the unintended consequences of their feelgood 'food waste' law.
The law, which went into effect this year, forbids restaurants and groceries, no matter where the heck they are, from discarding unused food and legally binds them to donate it to food banks instead. No word from the report on whether the items are old or expired or unfit for human consumption. We'll just have to take the greenie word for it that it's all a good thing.
Remember Fiona Hill? The famous witness for Adam Schiff's staged Trump impeachment show, has been getting around these days, commenting for the press on the Russian Ukraine invasion, and showing us all she's a regular gal. The former NSC official during the Trump administration who tried to do Trump in during his impeachment hit "Face the Nation" over the weekend, and did a long interview for the Times of London.
Her Russia commentary was self-serving and worse still, she demonstrated what a disingenuous hypocrite she is.
Here's what she told a gushing interviewer from the Times of London, who began with:
Former President Barack Obama tweeted support for President Biden Tuesday evening shortly after an embarrassing video emerged from a health care event the two hosted earlier in the day.
Obama visited the White House, for the first time since leaving office in 2017, where he and Biden hosted a health care event in which they touted the Affordable Care Act and discussed options for making health care more affordable.
The former presidential duo was united again under the White House roof, but pictures and videos of the event showed people adoring the former president, even to the detriment of the man currently serving in the White House.
Horning in on Florida's democratic process, Disney has made a spectacle of itself by effectively declaring itself a political organization intending to work for the rescission of Florida's parental rights law. That's the falsely labeled 'don't say gay,' law, which is actually about not teaching sex of any kind to children under the age of eight, Contrary to what the Hollywood elites claim, there is no reference in the law to the word 'gay.' That hasn't stopped the loud statements and misinformation coming out of Disney's top executives (Snip)
But there are signs that that noisy wokester stance not going over well with Disney's 77,000-plus employees
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The New York Times published an op-ed Friday that proposes eliminating belief in God — as one of the holiest weekends of the year begins. Titled “In This Time of War, I Propose We Give Up God,” the article claims that God is responsible for “war and violence” and for “oppression and suffering,” and suggests that people stop teaching children about Him. Author Shalom Auslander, who is disillusioned about his upbringing in a religious Jewish community in New York, argues (original emphasis): God, it seems, paints with a wide brush. He paints with a roller. In Egypt, said our rabbi, he even killed first-born cattle.
A 22-year-old man was arrested in connection with a shooting at a busy mall in South Carolina's capital city that left 14 people injured. Jewayne M. Price, 22, was arrested early Sunday and is expected to be charged with unlawful carrying of a pistol.
He was initially detained as one of three people initially identified as persons of interest in Saturday's shooting at Columbiana Centre. No fatalities have been reported. But nine people were shot and five people suffered injuries, including broken bones lacerations and a head injury, while attempting to flee the mall for safety. The victims ranged in age from 15 to 73.
On February 14, 2018, thanks to a complete systemic failure at the school and county level, Nikolas Cruz was able to murder 17 of his classmates at Marjorie Stoneman Douglas High School. David Hogg, a student at the school, was not among the injured nor was he even in the line of fire (which is, of course, a good thing). Nevertheless, by becoming one of the loudest voices calling for gun control following the shootings, Hogg managed to get a place at Harvard. (snip) Hogg’s musings on Twitter (which are so prolific it’s hard to know how he finds time for school work)
During an interview with “Pod Save America” on Thursday released on Friday, White House Press Secretary Jen Psaki stated that canceling student loan debt is “on the table” and high costs are “an important thing to consider. That’s a big part of the consideration.”Psaki responded to a question [relevant exchange begins around 1:00:55] on whether taking executive action on student loan debt cancelation is still on the table by stating, “Yes, still on the table. … So, as you said, it ends August 31. We have to then decide whether it’s extended and what you look at is, even though the economy’s very strong, we created
Former Atlanta mayor Bottoms says she
was turned away from steakhouse for wearing leggings 28 replies
was turned away from steakhouse for wearing leggings 28 replies
Former Atlanta mayor Keisha Lance Bottoms said she was denied entry to an upscale steakhouse due to her attire Friday. Ms. Bottoms tweeted that she should be able to wear “mall” attire because the Capital Grille restaurant she visited is located at the Perimeter Mall in Dunwoody, Georgia. “Asked if I could sit in the bar area and was told, ‘No.’. Rules are the rules, just wonder if the woman who came in immediately after me, who I did not see come back out, was also denied service,” she wrote. Ms. Bottoms’ clothing violated the restaurant’s dress code, according to its website. “For the comfort of all guests
Chicago - The State of Illinois has launched a new program that will provide free health care to undocumented immigrant adults ages 55 to 64.
The free health care program was approved by lawmakers in Spring 2021. It is an expansion of Illinois' program to provide health benefits for immigrant seniors.
Covered services include doctor and hospital visits, lab tests, physical and occupational therapy, mental health, substance abuse disorder services, dental and vision services, and prescription drugs.(snip)The free health care will expand even further on July 1 to cover eligible adults ages 42 to 54.
Protests kicked off in Grands Rapids, Michigan, after the Grand Rapids Police Department released a video of an officer shooting a 26-year-old Black man in the head–the officer has not been charged.
The city of Grand Rapids held a press conference Wednesday to release about 20 minutes of footage showing the killing of Patrick Lyoya on April 4. Grand Police Chief Eric Winstrom was joined by city officials to release a series of videos that all revealed different angles of the incident recorded by the unidentified officer’s dashcam, his bodycam, a cellphone, and a neighbor’s home security camera.
President Joe Biden and First Lady Jill paid less federal taxes in 2021 than in 2020, despite the couple earning more income in 2021.
In 2021, Joe and Jill Biden reported $610,702 in earned income and paid 24.6 percent in federal taxes. In the year prior, they reported $607,336 in earnings. Despite the nearly $4,000 increase in income, the Biden family paid almost $7,000 less in federal income tax for 2021.
The Bidens paid a $157,414 tax bill in 2020, compared to $150,439 in federal taxes for 2021. The couple also paid $30,765 in Delaware state taxes,
Charles Murray just can’t help himself; he’s been a social scientist and prolific author for almost 40 years, writing books on the American experience and societal issues. Now he is back in the mix with a book, Facing Reality: Two Truths About Race in America (Encounter Books 2021), that follows up on the book he wrote with Richard Hernnstein, The Bell Curve (1994). That magnificent work blew the top off of racial debates in America by its in-depth analysis of racial cognitive ability (IQ) differences and socio-economic mobility of Americans and factors that are associated with success in life.
White House press secretary Jen Psaki has defended herself after she was recorded asking if Fox News' Peter Doocy was a 'stupid son of a b***h' or just played one on TV. On Friday night, Psaki stressed that she was not deliberately attempting to insult the 34-year-old Fox News White House correspondent. 'Full video shows I also told a story about Peter’s grace last night and made very clear I was not being critical of him or any reporter at Fox, and instead was critical of the slant of some Fox topics. He is doing his job. I am doing mine. We debate. We disagree. I respect that.' Psaki tweeted.
Thank God for fact-checkers. Where would we be without them? Instead of believing the evidence provided by our own two eyes, we’re assured that what we see isn’t really what we thought we saw. Except when it is. But that’s another story.
Last Thursday, Joe Biden spoke to students and faculty at North Carolina Agricultural and Technical State University in Greensboro. It was boilerplate political stuff — blaming the supply chain problems on COVID-19, increased fuel prices on the Russians, and inflation wasn’t his fault.
At the end of the speech, Biden’s eyes became a little glassy and he turned around slowly and extended his hand. Except there was no one there.
The European Union’s anti-fraud body has accused Marine Le Pen and several of her party members–including her father–of embezzling about €620,000 while serving as members of the European parliament.
France’s investigative website Mediapart published a section of the new 116-report alleging that the MEPs misused EU funds for national party purposes. The claims come a week before the second round of the presidential election, on 24 April, in which Le Pen will go head to head with Emmanuel Macron.(Snip)In one incident reported by Mediapart, Marine Le Pen is said to have made a claim in 2010 worth €5,000 for hotel rooms for 13 far-right
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One callous board that will pitch any shareholder over the side if anyone threatens their power.