BREAKING: Feds Open Investigation Into Elon Musk’s Twitter Purchase
By David Rufful
-May 12, 2022
It appears that
liberal elites are doing everything possible to stop Elon Musk from purchasing
Twitter and ensuring the social platform allows for free speech.
Musk even said
that he would reverse Twitter’s permanent ban on President Donald Trump if the
sale is finalized. This is certainly infuriating Democrats who have been
outspoken about their support for increased online censorship.
In an alarming
development, an investigation has been launched by the U.S. government into
Elon Musk’s $44 billion purchase of Twitter. The purchase of Twitter is also
being reviewed by the Federal Trade Commission
(FTC), reports say.
The Wall Street
Journal reports that the Securities and Exchange
Commission is “probing Mr. Musk’s tardy submission of a public form
that investors must file when they buy more than 5% of a company’s shares.”
Musk initially
purchase 9% of Twitter for roughly $3 billion, but his April 4th disclose was
at least 10 days late. Experts say this hypothetically could have saved him
more than $140 million because it’s possible that share prices would have
increased if the public knew about his ownership of 5% of the company.
However, even if
there is a lawsuit against Musk from the SEC, experts explain this would likely
not stop him from taking over Twitter.
Twitter’s board
of directors has unanimously approved for the company to be acquired by Musk
and the SEC may lack the power to stop this from occurring.
Daniel Taylor of
University of Pennsylvania said, “The case is easy. It’s straightforward. But
whether they’re going to pick that battle with Elon is another question.”
Not too long ago,
the liberal board of directors at Twitter shot down the possibility that Elon
Musk could reverse the company ban on President Donald Trump.
When Musk only
owned 9% of the company worth roughly $3 billion, Twitter responded to the
issue by saying, “Policy decisions are not determined by the board or
shareholders, and we have no plans to reverse any policy decisions.”
However, now that
Twitter has accepted Musk’s $44 billion offer to purchase the company, Musk
said, “I would reverse the permanent ban.”
“I don’t own
Twitter yet,” he added. “So this is not like a thing that will definitely
happen, because what if I don’t own Twitter? Permanent bans should be extremely
rare and really reserved for accounts that are bots, or scam, spam accounts,”
he continued. “I do think it was not correct to ban Donald Trump,” Musk said.
“I think that was
a mistake, because it alienated a large part of the country and did not
ultimately result in Donald Trump not having a voice,” Musk explained. You can
watch the video here:
Twitter has been
widely condemned for failing to allow for the basic right to free speech on its
platform.
Left-wing
“fact-checkers” are regularly accused of censoring the opinions and speech of
Americans on Twitter and Facebook. Twitter recently suspended multiple
accounts, including satire outlet Babylon Bee and Fox News host Tucker Carlson.
Once Musk gained
some control, users immediately suggested that the company reinstate President
Donald Trump’s account. Musk also argued that former Twitter CEO Jack Dorsey
agrees with him on this issue that Trump should not have been banned.
“Dorsey has yet
to publicly respond to the claim,” Fox News noted.
Despite this
possibility, Trump himself has said he will not return to Twitter. Trump has
launched his own social platform called Truth Social. “I am not going on
Twitter, I am going to stay on TRUTH,” Trump said. “I hope Elon buys Twitter
because he’ll make improvements to it, and he is a good man, but I am going to
be staying on TRUTH.”
Musk blasted the
left-wing social media platform for failing to allow for free speech. Twitter
notoriously banned President Donald Trump from using the platform back in 2020.
Musk asked his
followers to take an informal poll: “Free speech is essential to a functioning
democracy. Do you believe Twitter rigorously adheres to this principle? Is a
new platform needed?” he asked. Take a look:
Some people
suggest that Musk should simply buy Twitter:
An overwhelming number of Americans responded that Twitter is failing to adhere to the basic principle of free speech. Musk’s poll received responses from 2 million people. It showed that 70.4% of people believe think Twitter is doing a bad job.
Connecting the Dots:
Edith Ramirez is
the chairman for the Federal Trade Commission
(FTC) and was a partner at Quinn
Emanuel Urquhart Oliver & Hedges, LLP.
Crystal Nix Hines is
of counsel at Quinn Emanuel Urquhart Oliver
& Hedges, LLP and was Barack
Obama’s law school friend.
Barack Obama was Crystal Nix Hines’s law school
friend and an intern at Sidley Austin LLP.
Michelle
Obama was a lawyer at Sidley
Austin LLP.
Paul V.
Gerlach was an associate director, enforcement for the U.S. Securities and Exchange Commission and is
a partner at Sidley Austin LLP.
Faith Elizabeth
Gay was a partner at Sidley Austin
LLP, is a partner at Quinn
Emanuel Urquhart Oliver & Hedges, LLP and a director at
the American Constitution Society.
Open Society Foundations was a funder for the American
Constitution Society.
George Soros is the founder & chairman for the Open Society Foundations and was the chairman
for the Foundation to Promote Open Society.
Foundation to Promote Open Society was a funder for the Aspen Institute (think tank), the Committee for Economic Development and the Carnegie Endowment for International Peace (think tank).
William
H. Donaldson was a lifetime trustee at the Aspen Institute (think tank) the chairman for
the U.S. Securities and Exchange Commission
is a trustee at the Committee for Economic
Development, and a trustee at the Carnegie
Endowment for International Peace (think tank).
Harold
M. Williams is a trustee at the Committee
for Economic Development and was a chairman for the U.S. Securities and Exchange Commission.
Roderick
M. Hills is a trustee at the Committee
for Economic Development, married to Carla A. Hills and was a chairman for the U.S. Securities and Exchange Commission.
Carla A.
Hills is married to Roderick M. Hills,
a board member for the International Crisis
Group and a life trustee at the Urban
Institute (think tank).
George Soros is a board member for the International
Crisis Group was the chairman for the Foundation to Promote Open Society and a
benefactor for the NPR.
Foundation to Promote Open Society was a funder for the Urban Institute (think tank) and the NPR.
Annette L. Nazareth was a trustee at the Urban Institute (think tank) and was a
commissioner for the U.S. Securities and
Exchange Commission.
Paul G.
Haaga Jr. is a director at the NPR
and was a senior attorney for the U.S.
Securities and Exchange Commission.
Barack Obama was an
intern at Sidley Austin LLP and Crystal Nix Hines’s law school
friend.
Crystal Nix Hines was Barack Obama’s law school friend and is
of counsel at Quinn Emanuel Urquhart Oliver
& Hedges, LLP.
Michelle
Obama was a lawyer at Sidley
Austin LLP.
Paul V.
Gerlach is a partner at Sidley
Austin LLP and was an associate director, enforcement for the U.S. Securities and Exchange Commission.
Cameron F. Kerry is
a senior counsel at Sidley Austin LLP,
a fellow at the Brookings Institution
(think tank) and John F. Kerry’s brother.
George Soros was the chairman for the Foundation
to Promote Open Society.
Foundation to Promote Open Society was a funder for the Brookings Institution (think
tank).
Teresa Heinz
Kerry is an honorary trustee at the Brookings
Institution (think tank), married to John F. Kerry, an emeritus life trustee at the Carnegie Mellon University and a trustee
emeritus at the Carnegie Museums of
Pittsburgh.
Andrew Carnegie was
the endowed predecessor schools for the Carnegie
Mellon University, the founder of the Carnegie Museums of Pittsburgh and the founder
of the Carnegie
Endowment for International Peace (think tank).
George Soros was the chairman for the Foundation
to Promote Open Society.
Foundation to Promote Open Society was a funder for the Brookings Institution (think tank), the Carnegie Endowment for International Peace (think tank),
the Committee for Economic Development
and the Aspen Institute (think tank).
William
H. Donaldson is a trustee at the Carnegie
Endowment for International Peace (think tank), a trustee at
the Committee for Economic Development,
was a lifetime trustee at the Aspen
Institute (think tank) and the
chairman for the U.S. Securities and
Exchange Commission.
Harold M. Williams is a trustee at the Committee for Economic Development and was a chairman for the U.S. Securities and Exchange Commission.
Resources: Past Research
US companies will have to
disclose ratio of CEO pay to that of workers (Past
Research on the U.S. Securities and Exchange Commission)
WEDNESDAY,
NOVEMBER 13, 2013
https://thesteadydrip.blogspot.com/2013/11/us-companies-will-have-to-disclose.html
Surveillance in aisle
three (Past
Research on the Federal Trade Commission (FTC))
TUESDAY, FEBRUARY
18, 2014
https://thesteadydrip.blogspot.com/2014/02/surveillance-in-aisle-three.html
John Kerry to Deliver
Major Address on Israel on Wednesday (Past Research
on John Kerry’s brother Cameron Kerry)
WEDNESDAY,
DECEMBER 28, 2016
https://thesteadydrip.blogspot.com/2016/12/john-kerry-to-deliver-major-address-on.html
Heroin (Epidemic) (Past Research on John Kerry’s wife Teresa Heinz Kerry)
SUNDAY, JUNE 18,
2017
https://thesteadydrip.blogspot.com/2017/06/heroin-epidemic_18.html
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