music.

Welcome to the commentary magazine daily podcast today is Friday, October 28, 2022.

I'm John Poghord. It's the editor of commentary magazine with me as always executive editor

A. Greenwald Hyade.

Hi John.

Media commentary columnist and AEI fellow Christine Rosenhykrstein.

Hi John.

An associate editor and author of the rise of the New Puritans, Noah Rothman, Hi Noah.

Hi John.

So it has happened. It may prove to be the single worst financial transaction in the history of the planet Elon Musk's

40 to $50 billion individual purchase of Twitter, something that is probably worth

$7 billion has now gone through and he started as you might expect with Elon Musk with a bang

taking over at seven and by seven or one three or four leading Twitter executives

including and most importantly the head of Twitter's censorship bureau were essentially

similarly escorted out of the building. There are no tears should be shed for any of these people

because given the stock, given the amount of money that that Musk paid for Twitter, they

apparently can all buy islands in Peter Teel's island paradise far beyond the reach of everything

every any and everybody who owns stock and Twitter just became very rich.

So if you hear any whining complaining about the mistreatment that Elon Musk is you know is

handing out to Twitter people just be aware that if any of them own stock, they just got 50 times

the value of the stock or something like that in terms of the price that he paid. So I don't think

that there is much to the moan in this. I think it's very likely that it was the worst deal in

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