Friday, October 28, 2022

Elon Musk Twitter Takeover Nears Completion, Banks Send Cash for Acquisition as Musk Clarifies Intent to Advertisers



By all outward appearances the acquisition of the Twitter social media platform by billionaire Elon Musk looks like it is going through.

According to bank filings and financial transfer documents reviewed by The Wall Street Journal {link}, the process to finalize the purchase is taking place.  Meanwhile Mr. Musk used the platform to notify Twitter advertiser of his intent in the purchase {link}:

The cleaving of information on social media and information platforms is already well underway. I doubt anything currently undertaken to slow that process will have any effect. In essence, the ideological Big Tech platforms removed half the potential discussion purposefully and with specific intent; that decision has created alternate platforms where a more honest non-woke conversation about issues and events takes place.

Corporate advertising is part of the attack vector controlled by professional activists who use threats, fear and intimidation to target any advertiser who might want to reach an audience on a platform not directly controlled by Google, Facebook, Instagram, Twitter or Big Tech in general.  Musk’s appeal to advertisers does nothing to stop organized left-wing political activist groups from continuing their onslaught against speech they disagree with.  In the modern era few, if any, large advertisers want to enter this mosh pit political brawl.

(Wall Street Journal) […] Mr. Musk describes himself as a “free speech absolutist” and has said Twitter should be more cautious about removing tweets or banning users.

Mr. Musk may have reasons to avoid any drastic changes to Twitter’s ad business. Twitter will take on $13 billion in debt in the deal. The online ad markets already are shaky, amid concerns about the economy, with Snap Inc. and Alphabet Inc. posting lower-than-expected revenue results for the September quarter. (more)

The extreme left-wing mob that occupies space on the internet, along with the corporate media who align with the mob, view the ideological battle as a zero-sum war.  Speech that stands in opposition to their efforts is labeled as violence, while violence that supports their efforts is defined as speech.  They are not going to stop attacking just because Elon Musk appeals to reason or humanity.

Most modern leftists appear, at least from what is openly visible, to hold extremely unstable dispositions.  Their arguments are weak and full of hypocrisy.  As a result, when challenged their initial response is an emotional attack -often filled with vitriol and hate- because they have defined themselves by their belief system.  The COVID-19 vaccination fiasco highlights for many of us the scale of the number of people who have lost connection to logic and discernment.

A person who willingly took the COVID-19 vaccination was in a no-retreat position.  Presenting information that runs counter to their baseline assumptions was futile, they had no way to exit or reverse the decision.  The ideological debate on social media is fraught with the same dynamic.  When people define themselves, define their purpose, through an ideological belief system, it is almost impossible to establish communication.

The conservative believes man is born free and will be who he is, no matter what arbitrary limitations or rules are put on him. The leftist believes man is perfectible, and by extension, believes a society at large is perfectible, and command and control are justified in the quest to a “perfect” utopian society. (Sound familiar?)

The conservative tends to be more faithful – and not necessarily in God, but in the ability of the individual to find great strength in himself (or from his God) to get what he needs and to be successful. Therefore, the conservative has an outlet for his fear and disappointment – trust and faith in something bigger.

The leftist believes the system must be perfected in order to enable success. Therefore, disappointment is channeled as anger and blame at the system. Voids are left to be filled by faith in the govt, which they surely then want to come in and “fix” things.  And therein lies the roots of love and fear respectively.

For the conservative, when life presents great struggles, he knows he has the power to surmount them. Happiness stems from internal strength and perseverance. For the modern leftist, when life presents great struggles, the system failed, therefore they were at the mercy of a faulty system, and they believe that only when the system is fixed can their life improve. Happiness is built on systemic contingencies, which they will then seek to control or expect someone else to.

One holds himself accountable for his/her success in life.  The other blames anyone and everyone but him or herself.

And there it is…. There’s where the hate and violence come from.

The leftist ideology causes that person to cast anger at the world when things go wrong or appear “unfair.” He/she constantly chooses only to see the “injustices” – and that makes for a very miserable, mean, blame-casting existence.