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Twitter likely to take idiots offer to buy them for $43 billion
- Thread starter Jimmy Higgins
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Derec
Contributor
He might do it just for naming rights.
These days, he could get it for a song probably.
Derec
Contributor
A superyacht is basically just a boat. If you buy it for personal use, that's just conspicuous consumption. Not particularly impressive, but you do you. If you but it because you enjoy it, I have no problem with it.
If you, on the other hand, but it as part of a business, and you make it a successful one, that's more impressive, regardless of it taking starting capital. Especially if you have a business idea that is a game changer as Tesla has been for electric cars. Elixir's electric F150 or even electric Mustangs would not have been made, at least not yet, by legacy car companies if a startup like Tesla hadn't mixed it up almost 20 years ago.
Elixir
Made in America
I don’t think you know a lot of people “like me”.
I’ve had it for about 20 years. Got it with 8k miles on it, now it has about 45k. So you’d have a hard time catching me in it, dead or alive. It spends most of its miles hauling a horse trailer or a hay trailer. I stopped doing shows that required distance travel a long time ago, and hay is local… the trip to the practice/training arenas is about a mile of private road. I usually ride (a horse*) over there instead of driving/ hauling.
* supposedly even more polluting than the truck
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Elixir
Made in America
That’s where I have a problem. He should not be able to spend 43$b to impulse buy a shiny social media trinket without declaring it as income and paying top income tax rates on it.
Of course he won’t spend a bit of his own “wealth” on it, his “wealth” is just collateral, and the interest is covered by and deductible from the millions per hour he continues to rake in, nearly tax free.
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Are you saying the things they reported are lies?
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The fundamental problem is that as it stands Twitter bans the calls for violence and the like and bans bots as they can be identified. They're trying to keep the place clean. Opening it up means welcoming the trash, it will quickly turn into a hatefest and that will tend to drive others away.
Jason Harvestdancer
Contributor
This really is interesting. Really it is. It is amazing how many people are upset at Elon Musk for doing this.
I thought he was one of the good guys because he manufactured Teslas.
The appropriately named Robert Reich is of course against it.
He says he's all about free speech, but he's really about letting people say whatever they want. /sarcasm
I thought he was one of the good guys because he manufactured Teslas.
The appropriately named Robert Reich is of course against it.
He says he's all about free speech, but he's really about letting people say whatever they want. /sarcasm
It’s revealing that the worry isn’t that Musk’s Twitter will censor them; it’s that people they don’t like won’t be censored. And these are the folks concerned about democracy.
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With Musk buying it Twitter it will remain that haven of calm, reasoned, nuanced debate that it is renowned for being.
Derec
Contributor
I mentioned that glorified golf cart in another post in this thread. It's a case in point. Without the push by Tesla, legacy car companies would be a lot slower going from the likes of EV1 to making real electric cars.
Derec
Contributor
Not good enough, because no unions. That's why Biden wanted to discriminate against Tesla (and also Toyota) in his B3 bill. Which was just a slightly leaner version of the bill proposed by Sanders, so maybe it should be called Build Back Bernie.
Biden also dissed Tesla in February.
What is Biden's take on Tesla? White House straddles EV growth, union jobs as petition goes viral
That's an almost Trumpian level of pettiness.USA Today said:
Derec
Contributor
I disagree. Sending people to Mars and bringing them back safely would be a major accomplishment and an absolutely necessary one if one hopes to eventually colonize space.
Derec
Contributor
Who says you aren't?
Of course there is censorship on Twitter. Example:
Republican Kicked Off Twitter for Saying ‘Women’s Sports Are for Women’
And whether or not it is a good investment, I think Musk can afford to burn $44G on a vanity project, even if Twitter is worth zero in a few years.
Why?
Whether or not Trump should be allowed back on Twitter, the current moderation is biased.
Why weren't all the people egging #BLM and Antifa in 2020 banned? Their insurrections killed far more people than January 6th.
So they should be banned from Twitter because you think they are trash? But also, there is no censorship on Twitter?
Derec
Contributor
They ban a lot more than calls for violence and bots. They will generally suspend accounts for voicing politically incorrect opinions.
There should be a way to keep it clean of bots and threats of violence without censoring speech just because it may be offensive to some. Or moderating in a politically biased way. It's not an all-or-nothing proposition - either have an overly and inconsistently moderated mess (like Twitter as of now) or else have no moderation at all.
Derec
Contributor
They are not reporters. They are internet pundits. They voice opinions (usually idiotic), not news.
Derec
Contributor
Musk paid $11G in 2021. So he must have declared a lot of income last year. He will probably pay a similar amount this year, since he had to cash out some positions in order to buy Twitter.
My definition of "nearly tax free" and yours must be different.