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The Michael Knowles Show

Ep. 986 - Twitter Will Be Woke Or Die Trying

The Michael Knowles Show

The Michael Knowles Show

News Commentary, News

4.828.7K Ratings

🗓️ 18 April 2022

⏱️ 53 minutes

🧾️ Download transcript

Summary

Twitter triggers a “poison pill” to stop Elon Musk’s hostile takeover, Trump endorses J.D. Vance in Ohio, and WH press secretary Jen Psaki refers to a reporter as a stupid S.O.B. NBA star Jonathan Isaac has withstood immense pressure to conform to popular social issues. He’s now writing a book about his experience and is publishing with the Daily Wire. Pre-order your copy now: https://utm.io/ud96e. I’m exposing the most successful failure in government history. Stream Fauci Unmasked here: https://utm.io/ueogL. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

The Twitter board of directors is threatened to trigger an economic poison pill in its

0:05.6

jihad to prevent Elon Musk from taking over the company and letting conservatives speak

0:11.6

freely in the digital public square.

0:14.2

The poison pill involves flooding the market with discounted shares of Twitter's stock,

0:19.3

available to all shareholders other than Elon Musk and any of the associates that he's

0:24.6

working with to take over the company.

0:27.2

This is terrible for shareholders.

0:30.9

Their stock is just not going to be worth as much, but the board seems to think that it

0:35.4

is worth it to stop Musk from bringing free speech back to Twitter, especially since

0:40.8

it turns out that the board, now with the departure of Jack Dorsey, who helped found Twitter,

0:45.8

the board owns virtually no stock in Twitter themselves.

0:49.6

So the board is destroying shareholder value to push its own woke agenda, a woke agenda

0:56.6

that happens to be shared by Twitter's largest institutional investors.

1:01.4

I'm talking about BlackRock.

1:02.8

I'm talking about State Street.

1:04.4

I'm talking about others which in recent years have leveraged their tens of trillions

1:09.7

of dollars in assets under management to pressure companies to adopt woke policies, specifically

1:16.1

on ESG, environmental, social, and governance issues.

1:22.0

Elon Musk still has several options with the takeover of Twitter.

1:27.1

He could team up with other investors to purchase the company even at the higher price.

1:31.6

He could instigate a revolt among shareholders who could sue the board for destroying the

1:36.8

value of their stock.

...

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