A sunrise forward ambulation GOOD MORNING!!! to you all! Yup, morning walk saw the sun starting to rise creating that peaceful dark blue morning sky. A welcome sight from the usual rain clouds!
Technically Talking Tuesday Ed-vise today. Cause it’s TUESDAY…Technically!
SO, big news! Elon Musk did manage to buy Twitter. For the bargain price of $44 Billion! Board of directors approved it, which, they did have to as their purpose is to ensure value is created for shareholders. Keep that in mind.
The Board of Directors does NOT have a purpose of protecting free speech. They do NOT have a purpose of ensuring fair and balanced discussion on issues. They do NOT have a purpose of ensuring “truth.”
The sole purpose of the Board of Directors is to grow and protect shareholder value. That is shareholder stock price.
If the price falls due to people not liking the lies or unbalanced discussions, then the Board steps in to make a change to protect the shareholder’s investment.
When Musk offered up enough money, the Board had to ask if that was enough money for the shareholder’s value. The answer was yes. And now, Musk owns it.
Now, a few blogs ago I commented that Musk will NOT ensure free speech. I still believe that. Understand though that Twitter was NEVER a “Free Speech Platform.” NE-VER!
Twitter is first and foremost a business for profit. The business model is that of a speech platform. That’s it!
Whenever people say how Twitter will lose the free speech part, let them know that, Technically, Twitter was NEVER about free speech. It has ALWAYS been about making money. And they make buckets of it through ad revenue. NOT from opinions!
I’m just saying
That’s it for today. Take care of yourselves. Check in on each other and remember no inventories are taken in Afghanistan because of the…TALLY-BAN!!! aHAHAHAHAHAA