Timcast IRL #509 - Elon Musk Twitter Buyout EXPOSES Shady Dealing w/Michael Knowles & Jeremy Boreing
Timcast IRL
Timcast Media
4.5 • 7.6K Ratings
🗓️ 15 April 2022
⏱️ 131 minutes
🧾️ Download transcript
Summary
Tim, Ian, Seamus of FreedomToons, and Lydia join Daily Wire anchors Jeremy Boreing (co-CEO) and Michael Knowles (commentator) to discuss Elon Musk's crazy Twitter antics, the response of the Saudi Twitter oligarch, Elon Musk's feelings on underpopulation, and Florida's pro-life legislation.
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Transcript
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| 0:00.0 | You're about to hear a preview of the Jordan Harbinger show with the world's best counter-fitter. |
| 0:05.0 | How long does it take to print $250 million? |
| 0:10.0 | Five months. It needs to be worthwhile. It's going to need to be perfect. |
| 0:15.0 | 12,500 kilos or over eight Toyota Camrys or six Ford F-150s. |
| 0:25.0 | That is multiple metric sh-tons of cash. |
| 0:28.0 | You must have been f-ing stoked, man, because you knew you were going to put $20 bills all over all of that and then just never work again. |
| 0:38.0 | Yes. By designing, there are people specifically looking for you all the time. This is all they do. |
| 0:45.0 | You can tell them whatever you want. They're not dummies. I mean, this is as high as a goat. It's just a cup of a line. |
| 0:51.0 | For more on how Frank Barrossa printed his own fortune and got away with it, check out episode 488 on the Jordan Harbinger show anywhere you get your podcasts. |
| 1:00.0 | Elon Musk has just, I don't know how you describe this, nuked the culture war. |
| 1:06.0 | And it's really exposed some rather shady dealings, which I find particularly interesting. |
| 1:10.0 | Notably, a Saudi prince is rejecting the buyout offer because they're one of the biggest investors saying, no, no, Twitter is worth more. |
| 1:16.0 | Even though most reporting shows that Twitter is failing stagnant growth and it was failing years ago, Trump is the only reason as far as I know that it started to come back. |
| 1:26.0 | So why are these companies so interested on retaining this power? |
| 1:31.0 | Elon Musk is no longer the largest shareholder. Vanguard just bought more shares. And it seems like they're not going to go for the buyout either. My opinion. |
| 1:39.0 | You know, the Saudi prince is right. Twitter is more valuable than $54.20 per share. It's the political influence you wield when you silence those who disagree with you. |
| 1:48.0 | We've talked about this before and I think this may play a role. Naturally, if many Twitter employees freaking out, the media is freaking out, but Elon Musk ain't backing down. |
| 1:56.0 | He's actually put them in a difficult position because if they go against the will of the majority of the shareholders, they're violating their fiduciary responsibility and it opens them up to liability. |
| 2:05.0 | So this may be one of the most epic and craziest moments in the culture war. We definitely got to talk about that. |
| 2:11.0 | And I got to tell you man, almost there's just too much to go through because this is huge. |
| 2:15.0 | But we do have the RNC pulling out of the commission on presidential debates, which is also equally massive. |
| 2:20.0 | And a bunch of stories about abortion being banned, which is seemingly just escalating. And of course, many in the left are freaking out. |
... |
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