Hot Air,
by
John Sexton
Original Article
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Dreadnought
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4/28/2022 10:35:14 PM
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Twitter has accepted Elon Musk’s offer but there are lots of people suggesting that Musk either can’t or won’t be able to complete the deal for various reasons. One reason is that Tesla stock has been down sharply this week despite the spectacular quarterly results the company announced last week.
Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc…
Wedbush Securities analyst Daniel Ives said that worries about upcoming stock sales by Musk and the possibility that he is becoming distracted by Twitter
Reuters,
by
Nandita Bose
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Dreadnought
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4/28/2022 7:24:58 PM
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Washington - The United States and 55 other nations on Thursday signed a political commitment to push rules for the internet that are underpinned by democratic values, at a time when the U.S. has accused Russia of wielding internet disruptions as a part of its escalating attacks on Ukraine.
The commitment, called the "Declaration for the Future of the Internet" - the first such effort of its kind - protects human rights, promotes free flow of information, protects the privacy of users, and sets rules for a growing global digital economy among steps to counter what two Biden administration officials called a "dangerous new model" of internet policy
New York Post,
by
Andy Ngo
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Dreadnought
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4/28/2022 6:53:51 PM
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Leaked internal communications by Twitter employees reveal woke employees are overtaken by despair and anger about Elon Musk’s month-long effort to acquire Twitter.
Musk announced he would purchase the company for $44 billion on Monday. The deal concludes a month-long saga that began with Musk first tweeting out polls and his thoughts about the decline of free speech on Twitter. On the business communication platform Slack, some Twitter employees vented against the new owner, leaked messages reveal.
“Physically cringy watching Elon talk about free speech,” a site reliability engineer who identifies as a nonbinary transgender and plural person wrote.
Red State,
by
Nick Arama
Original Article
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Dreadnought
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4/28/2022 6:43:56 PM
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Following Elon Musk’s purchase of Twitter, we’re seeing a lot of suspensions being lifted and suddenly conservatives are getting huge jumps in followers, while liberals are losing followers.
Donald Trump, Jr., who gained more than 200,000 followers over two days, after normally gaining about 7,000 a day, speculated on the phenomenon — that they might be trying to clean up a lot of the censorship trail before Musk comes in. Suspensions also are reportedly being lifted in many cases. So if you’ve been suspended, appeal and see if you get put back. Tucker Carlson — who had been suspended after defending the Babylon Bee, is back. Conservatives including
Washington Examiner [DC],
by
Byron York
Original Article
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Dreadnought
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4/28/2022 6:35:12 PM
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Those who are cheering on Elon Musk's acquisition of Twitter often cite the suppression of the New York Post's Hunter Biden laptop story or the ban on former President Donald Trump as examples of Twitter's violations of basic tenets of free speech. But there is another case of Twitter censorship that is just as compelling, that is going on right at this moment, and that may have played a part in Musk's decision.
It's the case of the Babylon Bee. Twitter locked the humor website out of its account on March 20, and the account has remained locked ever since. Twitter said the Babylon Bee violated its "hateful conduct" policy with a tweet that declared Dr. Rachel Levine, a senior Biden
New York Post,
by
Glenn H. Reynolds
Original Article
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Dreadnought
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4/28/2022 6:24:45 PM
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First we were told inflation was imaginary. Then we were told it was “transitory,” the result of COVID-inflicted supply-chain problems. Then we were told it was Russian President Vladimir Putin’s fault.
Now people are starting to admit the massive runaway spending of the Biden era has something to do with it. But we’re also facing stagflation, a mixture of inflation and slow growth, and the government also plays a role in turning inflation into stagflation.As Milton Friedman famously warned, inflation is always and everywhere a monetary phenomenon. When the government pumps the economy up with excess dollars — something usually referred to as “printing money,”
National Review,
by
Zachary Evans
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Dreadnought
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4/28/2022 2:37:18 PM
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President Biden attempted to allay concerns about the performance of the U.S. economy on Thursday after the Commerce Department announced that the economy shrank over the first quarter of 2022.
“I’m not concerned about a recession,” Biden told reporters at a press conference at the White House.
“I mean, you’re always concerned about a recession, but the GDP, you know, fell to 1.4 percent,” Biden added. “But here’s the deal: we also had last quarter consumer spending and business investment and residential investment increase at significant rates,” and “unemployment’s the lowest rate since 1970.”
Fortune,
by
Sophie Mellor
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Dreadnought
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4/28/2022 8:56:27 AM
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Two days after Elon Musk’s $44 billion bid to take Twitter private was accepted by the board, Musk tweeted out in jest, “Next I’m buying Coca-Cola to put the cocaine back in.”
Musk then sent out another picture of a fake tweet written by him, which read “Now I’m going to buy McDonald’s and fix all of the ice cream machines,” captioning the image with “Listen, I can’t do miracles ok.”
After pledging $21 billion in equity and raising $25.5 billion of debt and margin loan financing, Musk has continued to use Twitter to buff his image as a brash billionaire who is not afraid to break the rules
Politico,
by
Adam Cancryn
&
Laura Barron-Lopez
Original Article
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Dreadnought
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4/28/2022 8:43:28 AM
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The White House began this week with a modest goal for resuscitating its domestic agenda: Get Joe Manchin to the negotiating table.
So far, the seats are empty. With the clock ticking on their hopes of clinching a major climate and deficit reduction deal before Memorial Day, Democratic leaders are again struggling to make progress — stymied by a lack of clear direction or an understanding of what both Manchin and Sen. Kyrsten Sinema (D-Ariz.), their two biggest obstacles, are prepared to support.
“The White House is hamstrung by the Venn diagram of Manchin and Sinema asks,” said a person familiar with Manchin and White House dynamics.
Red State,
by
Bonchie
Original Article
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Dreadnought
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4/28/2022 12:26:31 AM
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A timely ruling today out of New York has solidified GOP redistricting gains after the state’s appeals court sided with Republicans to strike down a Democrat gerrymander that ignored state law.
I say timely, because just hours before this piece, I published an article noting that the GOP had turned the tables after months of Democrat celebration regarding redistricting. Contrary to earlier proclamations that Democrats had gained 5-6 seats in the process, Republicans have essentially won the war.
Still, as I mentioned, there was one last battle going on in the form of this appeal out of New York, which was happening after another ruling in late March put Republicans back
National Review,
by
Brittany Bernstein
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Dreadnought
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4/28/2022 12:23:35 AM
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House GOP Leader Kevin McCarthy received a standing ovation from House Republicans during a meeting on Wednesday after he addressed leaked audio from a phone call he made days after the January 6 Capitol riot.
“Standing ovation and Kevin will be speaker,” Representative Nancy Mace (R., S.C.) told reporters after the meeting on Wednesday, according to Fox News.
Representative Jay Obernolte (R., Calif.) confirmed to Fox News that the members gave McCarthy a standing ovation.
The New York Times recently published audio from a January 10, 2021 meeting of Republican leadership in which McCarthy expressed concern
Red State,
by
Bonchie
Original Article
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Dreadnought
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4/27/2022 10:17:52 PM
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After Musk’s blockbuster deal to buy Twitter, the next obvious question was “What happens next?” Was Musk going to come in and completely clean house, kicking out all the woke staffers and leftwing leadership? Or was he going to take a more hands-off approach to the transition, allowing some of the worst offenders to remain in their roles? I think we are starting to get an answer to that.
In the last 24 hours, Musk has offered criticism of Vijaya Gadde, who is currently the top lawyer and head of the content moderation division at Twitter. She was responsible for not only banning Donald Trump but also censoring