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Reproductive choice is a choice to have children. Anything else is a fraud. Period.

The most underreported story of the last 50 years.


Recently both Pope Francis and Elon Musk have warned of depopulation.

Speaking of the declining birth rate in Italy, the Pontiff said:

“This is a new poverty that scares me. It is the generative poverty of those who discount the desire for happiness in their hearts, of those who resign themselves to watering down their greatest aspirations [family], of those who are content with little and stop hoping for something great.”

And here’s billionaire Musk on Twitter: “A collapsing birth rate is the biggest danger civilization faces by far.”

As expected, PC corporate media pushed back against both the pro-natalist Pontiff and the flaky father-of-nine world’s richest man.

In the midst of this comes yet another survey on the opinions of Americans about having children. The study in the journal Scientific Reports, “Prevalence, age of decision, and interpersonal warmth judgements of childfree adults,” is authored by Michigan State University professors Zachary P. Neal and Jennifer Watling Neal. It grabbed headlines.

The headline? “More than 1 in 5 US adults don’t want children.”

As the authors more accurately explain:

In a 2022 study of 1,500 adults in Michigan, we found that 21.64% of adults do not want to have children and therefore are choosing to be childfree. While our survey wasn’t nationally representative, the 2021 Census showed that Michigan is demographically similar to the United States in terms of age, race, education and income. If the pattern we have observed in Michigan reflects national trends, it would mean 50 million to 60 million American adults are childfree.

Given the times, this is not surprising. In many quarters it is considered thoroughly modern, environmentally conscious, and propitiously PC to foreswear progeny. While Pope Francis and Elon Musk see it differently, what do they know? (Sarcasm, OK?)

The authors describe those not wanting to have children as “childfree” and those unable to have children as “childless.” The semantic implications are obvious. Being “free” of something, as in debt-free or disease-free, is considered positive. “Childfree” carries a similar semantic connotation.

Some say that willfully not having children – aka “childfree” – is exercising “reproductive freedom.” The American Civil Liberties Union defines reproductive freedom as the right that “every person can make the best decision for themselves and their family about whether and when to have a child without undue political interference.”

Reproductive freedom is the right to have children. Let’s talk about that.

The globalist establishment’s colossal cash cow, the American middle class, is being milked dry. For generations the American family has been under all-out attack. Debased entertainment, a debilitating social welfare system, callous manipulation by big business, big government (including education) and big media are bad enough. Then there is “pride” propaganda celebrating practically any social arrangement other than the loving traditional nuclear family.

America’s families are ensnared in a real-life Big Squeeze: besieged by woke anti-family propaganda on one side and an exploitive, corrupt crony capitalism masquerading as a “free market economy” on the other. Brainwashed up-and-comers believe such a regime is “the free enterprise system.” In their blind naivety they happily condone wage slavery as vociferously as they would condemn chattel slavery.

Reproductive freedom? The problem is a profound one of social priorities. The family is no longer the focal point of life in America. Money and lifestyle are. Family values are supplanted by hedonism and greed, those glittering globalist assault weapons pounding the American family.

The family is by far the most battle-scarred victim of globalism’s fanatical philarguria (that’s Biblical Greek for greed on steroids). The days when a middle-class parent could stay home and care for children are long gone. Think that affects reproductive freedom?

Women may enjoy their work but work they must. Fine – but safeguard their reproductive freedom by not making it professionally ruinous to bring a child into this world.

Then there are the usual family pressures, such as the ever-present specter of unemployment, escalating debt and the demand for employee fealty to the point where supervisors come before spouses. Talk about skewed priorities! Any wonder that broken homes, broken lives, drug addiction and other social pathologies increase? How does that impact reproductive freedom?

Bottom line: Where do families most feel the pinch? They are being denied their reproductive freedom. The pernicious reality is that there is no specific law prohibiting procreation, but rather the circumstantial deprivation of that basic human right by a thousand cuts, driven by a fashionably materialistic anti-natalist worldview.

How so? Having children is (1) unaffordable — not enough money and (2) struggling to make ends meet, so not enough time for children. Plus, the relentless tsunami of PC negativity about our heritage, “antiracist” guilt propaganda, environmental scaremongering, etc. discourages legions of impressionable young people from aspiring to have a family.

Multitudes have borne the sadness and loss of being unable to have the children they desire – a wholesale robbery of reproductive freedom. That is the biggest and most underreported story of the last 50 years.

Pope Francis and Elon Musk understand this.

So the next time you hear folks yapping about reproductive freedom, remember that means the right to have children, and the deprivation of that basic human right in any way is viciously anti-family. Period.

We need to call a halt to this madness.

AUTHOR

Louis T. March has a background in government, business and philanthropy. A former talk show host, author and public speaker, he is a dedicated student of history and genealogy. Louis lives with his family… More by Louis T. March

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Elon Musk Terminates Twitter Deal

Tesla CEO Elon Musk canceled his bid to purchase Twitter Friday, according to a letter from his lawyers published in a Securities and Exchange Commission filing.

Twitter “appears to have made false and misleading representations” and “has not complied with its contractual obligations,” according to the letter. Mike Ringler, attorney for Skadden Arps, accused the company of refusing to provide information requested by Musk, including what percent of its monetizable users were fake or spam accounts.

Musk threatened to cancel his deal with Twitter June 6 after the company reportedly refused to hand over user data reports he had requested. The company has claimed that only 5% of its accounts are fake or spam, but Musk speculated that number could be four times higher.

“We are committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plan to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery,” the Twitter board said in a statement provided to the Daily Caller News Foundation.

“Twitter has not provided information that Mr. Musk has requested for nearly two months notwithstanding his repeated, detailed clarifications intended to simplify Twitter’s identification, collection, and disclosure of the most relevant information sought in Mr. Musk’s original requests,” the letter from Musk’s attorney read.

Musk agreed to buy Twitter for about $44 billion April 25 after the company attempted to thwart his buyout efforts.

This story is breaking and will be updated as the situation develops. Please check back for updates.

AUTHOR

LAUREL DUGGAN

Social and culture reporter.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved. Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

Twitter Unanimously Approves Elon Musk’s $44 Billion Purchase Bid

Twitter’s board unanimously recommended Tuesday that shareholders approve billionaire Elon Musk’s offer to buy the social media site for $44 billion.

Musk told Twitter employees earlier in June that he still planned to move forward with the purchase, despite shares in the company remaining significantly lower than his offer price, The Associated Press reported. He noted on Tuesday that approval of the purchase by shareholders was one of a number of unresolved matters halting his purchase, the outlet continued.

The Tesla billionaire’s offer would net a profit of $15.22 per share for investors if it closed now, the AP noted. Musk offered to pay $54.20 per share, despite them falling short of this number upon opening bell Tuesday, the outlet reported.

Twitter’s board of directors said in a filing with the US Securities and Exchange Commission that it “unanimously recommends that you vote (for) the adoption of the merger agreement.”

Musk has previously said that Twitter “will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.” He then offered to buy the entirety of the company in order to “unlock” the “extraordinary potential” of the social media platform. Twitter founder and former CEO Jack Dorsey has praised Musk’s decision to purchase the platform and has also said that he will “never be CEO again.”

AUTHOR

KAY SMYTHE

Reporter.

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Elon Musk Says ‘Happiness Is A Choice’

Elon Musk shared some great tweets for his fans Sunday night.

The Tesla founder has been in the news nonstop ever since he started his attempt to buy Twitter, and there’s been plenty of negativity thrown his way.

However, he reminded people that every day is a fresh start, and you can always choose to be happy.

“Tomorrow will be the first sunrise of the rest of ur life – make it what u want,” Musk tweeted to his 95.7 million followers Sunday night.

He followed that thought up with, “And remember that happiness is a choice.”

Believe it or not, this is some great advice from Musk, and given the insane hostility in our country right now, there’s no better time to remember it.

Every day you wake up in America, you’re already better off than the rest of the world. Don’t waste it. There are billions of people who would gladly trade places with you.

Furthermore, happiness is truly a choice, and if you’re not happy, find a way to fix it. Find some hobbies, get a different job, add a few friends or just crack a few beers.

Whatever it is that puts a smile on your face, chase it.

Let us know your thoughts on Musk’s tweet in the comments below.

AUTHOR

DAVID HOOKSTEAD

Sports and entertainment editor. Follow David Hookstead on Twitter and Instagram

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

House Republicans Press Biden Admin For Answers Over Elon Musk’s Attempted $44 Billion Twitter Purchase

Republican Wisconsin Rep. Scott Fitzgerald sent a letter Tuesday to Federal Trade Commission (FTC) Chairwoman Lina Khan demanding answers about Elon Musk’s attempt to purchase Twitter for $44 billion, saying the review process must be done fairly and without partisanship.

The Daily Caller first obtained the letter, which was signed by four other Republicans. In the letter, the lawmakers expressed their concerns with “politicization seen at the FTC” during the Biden administration, saying they worry it will delay or halt Musk’s attempt to lead Twitter.

They also mentioned issues they have with the FTC under Biden, such as “suspending early termination of merger review transactions with no competitive concerns for well over a year, using a zombie vote to adopt prior approval for merging parties and divestiture buyers on future transactions for 10 years” and more.

“Big Tech is no friend of conservatives and neither is the President Biden’s FTC. The Left has made clear its discontent with Elon Musk’s attempt to restore free speech on Twitter. We must ensure that his bid to purchase the social media company receives a fair review well above the partisan fray by the Commission,” Fitzgerald told the Daily Caller before sending the letter.

The group of Republicans also called for a number of documents and communication, such as:

  • All documents and communication between or among the Federal Trade Commission and any third-party organizations referring or relating to Mr. Musk’s purchase of Twitter
  • All documents and communication between or among the Federal Trade Commission and members and staff of the White House Competition Council referring or relating to Mr. Musk’s purchase of Twitter
  • All documents and communications, including all plans, proposals, or other communications, referring or relating to the FTC’s purpose in making inquiries related to Mr. Musk’s purchase of Twitter that deviate from typical reviews

READ THE LETTER HERE: 

(DAILY CALLER OBTAINED) — … by Henry Rodgers

The lawmakers asked for a response to their inquiry no later than May 31, 2022.

The other Republicans who signed the letter were Ohio Rep. Jim Jordan, Arizona Rep. Andy Biggs, North Carolina Rep. Dan Bishop and Texas Rep. Louie Gohmert.

The Daily Caller contacted the FTC about the letter, to which the Office of Public Affairs replied by saying: “I’m sorry but the FTC does not comment on letters it receives from members of Congress. The agency will respond, and when it does, the recipients may or may not choose to make the response public.”

AUTHOR

HENRY RODGERS

Senior congressional correspondent. Follow Henry Rodgers On Twitter

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

Elon Musk Calls Democrats ‘The Party Of Division And Hate’

Elon Musk tore into the Democratic Party in a Wednesday tweet calling them the party of “division and hate.”

“In the past I voted Democrat, because they were (mostly) the kindness party,” Musk said. “But they have become the party of division & hate, so I can no longer support them and will vote Republican. Now, watch their dirty tricks campaign against me unfold.”

The multibillionaire said he will vote Republican for likely the first time in his life in the 2022 midterm election after overwhelmingly voting Democrat in the past. He said the Democratic Party is controlled by unions and trial lawyers.

“I might never have voted for a Republican, just to be clear,” Musk said during a Tuesday “All-In” podcast. “Now this election, I will.”

“It definitely feels like this is not right,” Musk added. “The issue here is that the Democratic Party is overly controlled by the unions and by trial lawyers, particularly class-action lawyers. … In the case of Biden, he is simply too much captured by the unions, which was not the case with Obama.”

Liberal media pundits and Democratic lawmakers have warned of the supposed dangers of Musk’s vow to foster free speech on Twitter in the midst of his $44.3 billion takeover. MSNBC host Joy Reid previously accused the Tesla CEO in a April 26 segment of “The ReidOut” of wanting the “old South Africa of the ’80s” back, in reference to the Apartheid.

“There was a time when people had the double hashtags around their names because they were Jewish and right-wingers were saying ‘get in the oven’ anytime you made any benign comment on Twitter,” Reid said. “They attacked women, the misogyny was crazy on Twitter for a while. Elon Musk, I guess he misses the old South Africa in the ’80s, he wants that back.”

Musk trolled Democratic New York Rep. Alexandria Ocasio-Cortez after claiming she has to “collectively stress” about an increase in hate crimes due to his takeover. Musk responded, “stop hitting on me, I’m really shy.”

Liberals have not taken kindly to Musk vowing to allow former President Donald Trump return to the platform when he officially takes over the social media company. Then-White House press secretary Jen Psaki said the administration is determined to prevent platforms from spreading disinformation at a May 10 briefing.

Musk has been highly critical of the left, recently stating “the far left hates everyone, themselves included,” noting that he does not support the far-right either.

Former Secretary of Labor Robert Reich said Musk’s Twitter takeover will lead him to seek “freedom from accountability” in an April 24 tweet.

AUTHOR

NICOLE SILVERIO

Media reporter. Follow Nicole Silverio on Twitter @NicoleMSilverio

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

VIDEO: Elon Musk Doesn’t Think He’s Ever Voted Republican. He Says He Will In 2022

Technology billionaire Elon Musk said Monday that he will be voting Republican in 2022 for the first time possibly ever.

On a livestream for the “All-In” podcast, Musk told hosts that “the reality is that Twitter at this point has a very far-left bias.” Musk classifies himself as a moderate, “neither Republican nor Democrat,” and has overwhelmingly voted Democrat.

“I might never have voted for a Republican, just to be clear,” Musk continued. “Now this election, I will.” His comments were met with laughter and applause from the crowd after Musk made the statement.

“This is not some right-wing take over,” Musk clarified. He described his purchase of Twitter as a “moderate take over and an attempt to ensure that people of all political beliefs feel welcome on a digital town square and they can express their beliefs without fear of being banned or shadow banned.”

“Free speech is important for a healthy democracy,” Musk continued, noting that free speech matters the most when it’s “someone you don’t like, saying something you don’t like.”

Elon went on to say that he gets “trashed by the media all the time,” and that he “couldn’t care less.” Despite his resources, Musk notes that he can’t get the media to stop trashing him, but that is “actually a good thing,” as it means America still has free speech.

The podcast hosts then pivoted the conversation back to politics, stating that Musk has been a life-long democrat and even donated to former President Barack Obama. The host compared Musk to podcaster Joe Rogan, who was also a life-long democrat.

“The Democratic Party has been openly hostile to Joe Rogan and Biden can’t even say the word Tesla or invite you to the White House when they do an EV summit,” the host continued. “I’m curious, on a very personal basis, what does it feel like to have that experience where the party you supported won’t even say the name of your company, or invite you there. They should be celebrating the work that you’re doing.”

“It definitely feel like this is not right,” Musk responded. “The issue here is that the Democratic Party is overly controlled by the union and by trial lawyers, particularly class-action lawyers… In the case of Biden, he is simply too much captured by the union, which was not the case with Obama.”

Musk concluded his response by saying that Obama was more reasonable than President Joe Biden, and that Obama was able to see the “bigger issues,” which Biden does not.

AUTHOR

KAY SMYTHE

Reporter.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

SCHOEN: Americans Are Sounding The Alarm Over Big Tech

Elon Musk’s Twitter acquisition — which can be summed up as the world’s wealthiest person buying one of the most powerful social media and news platforms — underscores one of the big problems with Big Tech.

In the absence of modernized anti-trust and anti-monopoly laws, Big Tech companies in the U.S. have amassed far too much economic and political control over society, and especially over the news and publishing industries.

The power at Big Tech companies  with respect to their management of sites like Facebook News and Google News – is held by a few individuals who are often times more motivated by a desire to turn profits and promote their own ideology or world view, rather than by a genuine desire to guarantee a free and diverse press.

Due to Big Tech’s market manipulation in the news and publishing industries, thousands of local and smaller news operators — including many conservative publications — have been forced to shutter their doors in recent years.

This forsakes the First Amendment to the U.S. Constitution, and thus, is a threat to our democracy.

Importantly, new survey research shows that the American public recognizes this threat, and wants their elected officials to act on it.

New polling by Schoen Cooperman Research — conducted among a representative sample of U.S. adults and commissioned by News Media Alliance — reveals widespread concern surrounding Big Tech’s power and manipulative practices, as well as strong support for reforms to rein in these monopolies.

Notably, strong majorities of Americans are concerned about the economic and political power of Big Tech companies (74%) and are supportive of increased government regulations on Big Tech companies in order to curb their economic and political power (63%).

With respect to news and publishing specifically, nearly 4-in-5 Americans are concerned that Big Tech companies have too much power over these industries (79%) and manipulate these industries for their own gain (78%).

To that end, three-in-four Americans agree that “Big Tech’s monopoly over the news and publishing industries is a threat to the free press and unfair to publishers, especially to small and local outlets.” (76%)

In addition to being broadly concerned about this problem, Americans are supportive of Congress taking action to restore fairness, balance, and freedom to the press.

Respondents were asked about a specific piece of legislation proposed in Congress known as the Journalism, Competition, and Preservation Act (JCPA). The JCPA would provide a legal basis for news publishers to negotiate fair terms for use of their content by Big Tech companies — and thus, would demonstrably curb the economic and political power of these companies.

Remarkably, 7-in-10 Americans support Congress passing the JCPA (70%) and believe it is important for Congress to pass the JCPA (64%) after reading a brief description of the bill. And by a four-to-one margin, U.S. adults would be more likely, rather than less likely, to back a candidate for Congress who supported the JCPA.

In my experience as a professional pollster who has worked in opinion research for over four decades, it is rare for an issue or piece of legislation to garner this level of public support.

Our findings present a clear call-to-action to Congress, and elected officials in both parties now have a mandate from the public to rein in Big Tech by pursuing the JCPA or similar reforms.

Moreover, the very survival of American democracy is contingent on our leaders safeguarding free speech and ensuring a fair economy.

Congress must fulfill its duty by passing legislation like the Journalism Competition and Preservation Act into law.

AUTHOR

DOUGLAS SCHOEN

Contributor. Douglas E. Schoen is a Democratic pollster and strategist. He is the author of “The Political Fix: Changing the Game of American Democracy, From the Grass Roots to the White House.” The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

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EDITORS NOTE: This Daily Caller Column is republished with permission. ©All rights reserved. Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

Only Internet Fascism Can Save Democracy

Won’t someone save democracy from the people?

Free speech on the internet endangers democracy, Barack Obama told Stanford University.

The widely hailed speech at Big Tech’s favorite university claimed that autocrats are “subverting democracy” and that democracies have “grown dangerously complacent.” In the slow parade of teleprompter clichés he even  warned that “too often we’ve taken freedom for granted.”

To Obama, the threat to democracy doesn’t come from government power, but the lack of it.

“You just have to flood a country’s public square with enough raw sewage. You just have to raise enough questions, spread enough dirt, plant enough conspiracy theorizing that citizens no longer know what to believe. Once they lose trust in their leaders, in mainstream media, in political institutions, in each other, in the possibility of truth, the game’s won,” he summed up.

Like every Obama speech, “Challenges to Democracy in the Digital Information Realm” didn’t offer anything new, just a distillation of familiar talking points and misplaced assumptions.

The assumption at the heart of Obama’s speech and that of the range of arguments depicting free speech as a cultural and national threat is that the purpose of discourse is state power.

Obama, like many post-liberal lefty critics of free speech, reduces speech to its social impact and its social impact to its political impact. This holistic integration is so fundamental to Marxists and many lefties that they don’t even think twice about the idea that everything we do is reducible to a move on the great abacus of social justice. The food you eat, the car you buy, and the words you say have the potential to either save or damn the planet and humanity.

This quasi-religious conception of mass social mobilization pervades American society. It’s the precondition for wokeness because the only possible moral justification for terrorizing random people on social media is the conviction that governance isn’t political, it’s social, and that the only way to avert climate change and social inequality is by controlling what everyone believes.

Wokeness collapses the distinction between the private and public spheres, and between government and individuals. In a national social crisis, the only conceptual framework through which the Left ever really governs, there’s no time for such liberal niceties as private spheres.

Obama’s speech neatly illustrates the fascism at the heart of this panopticon political project.

Introduce disagreement and you “raise enough questions” that people “no longer know what to believe” and then “lose trust in their leaders”, “mainstream media” and even “truth”. Stripped of all the Brookings Institute globalist prose, what Obama is really saying is that individual disagreement undermines the state. And that truth is dependent on public faith in the state.

This is a value system utterly at odds with the Declaration of Independence and the Constitution, one which envisions an intimate link between individual speech and state authority that would have horrified King George III, but absolutely delighted Hitler or Stalin.

It assumes that there can be no other legitimate points of view other than the official one and that there should be no leaders except those who share them. Limiting the range of opinions is necessary to protect state power because there is no distinction between them and the state.

Or as a certain Austrian artist once put it, “One people, One state, One leader”.

When he was promoting his last book two years ago, Obama made the same arguments. “If we do not have the capacity to distinguish what’s true from what’s false, then by definition the marketplace of ideas doesn’t work. And by definition our democracy doesn’t work.”

The assumption that the democratic process leads to truth rather than choice, absolute rightness rather than people power, is an undemocratic paradigm. Its inevitable conclusion becomes that of Obama, that democracy must be protected by controlling the people.

Not only elections, but ideas, are too important to be left to the public.

Obama doesn’t want a marketplace of ideas because people might get the wrong idea and vote him and his political allies out of office. The explicit goal of internet censorship is to control election outcomes by filtering what information the public is able to access.

Like the provenance of a certain Delaware artist’s laptop.

Narrowing the range of acceptable information in order to narrow the range of acceptable opinions, candidates and political systems is the first fundamental trick of tyrannies. It takes a certain chutzpah and a stock of Orwellian buzzwords to redefine that as protecting democracy.

Obama complains, “China’s built a great firewall around the Internet, turning it into a vehicle for domestic indoctrination” and proposes a democratic firewall around the internet under a “regulatory structure” to be designed with “communities of color” to slow “the spread of harmful content.” The democratic people of color firewall will be so much better than China’s firewall.

Pro-censorship elites have the same assumptions as China about the interaction between speech, society, and the state which is why they, like Obama, arrive at the same conclusions. They can dress up those conclusions in buzzwords about “democracy” and “people of color”, but those are differences of style, not substance. The trains all end up at the same station.

Obama speaks about “bugs” in the Constitution. While he is always happy to critique America, the particular totalitarian bug here is deeply embedded into the leftist worldview which denies that people have individual agency, insists that everyone is a prisoner of their social context, and contends that the purpose of the society and the state is an enlightened intertwining. The bug, which is really more of a feature, directly leads to the same outcome as in China or Stanford.

A free society requires healthy breathing spaces between politics and life. The difference between a politicized society and a tyranny is only time. The question at the heart of this debate is “What is discourse for” which is really the question of, “What are people here for?” To believe, as the Left does, that people primarily exist as vehicles for political change is to enslave them.

That’s why every leftist revolution invariably slides toward tyranny along the same worn tracks.

The Founding Fathers believed that people would self-define their purposes. That was why America’s revolution uniquely led to freedom and why leftist revolutions lead to tyranny.

America defined freedom as individual power while lefties define it by the power of the state.

Obama is simply replaying what happens when liberation is treated as a collective enterprise, a journey toward rather than from, that can only be achieved collectively, through the exercise of state power rather than individually through personal choices. The internet, once individualistic, has become collective, and social media, the ultimate embodiment of that collectivism, has become the battleground between individualist expressers and collectivist censors.

AUTHOR

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism.

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Twitter Board Caves — Free Speech Wins — Elon Musk New Owner of Twitter!

The tide has officially turned.

Elon, please reinstate Pamela Geller’s twitter account.

Key Points
    • Twitter’s board accepted billionaire Elon Musk’s offer to buy the social media company and take it private, the company confirmed.
    • The announcement ends a weeks-long saga Musk kicked off when he offered to buy the company at $54.20 per share, his “best and final.”
    • Twitter’s board sought to fend off a hostile takeover by adopting a so-called poison pill.

Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement included in the press release announcing the $44 billion deal. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

Here’s the full announcement from Twitter:

Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.

Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction. The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.

Bret Taylor, Twitter’s Independent Board Chair, said, “The Twitter Board conducted a thoughtful and comprehensive process to assess Elon’s proposal with a deliberate focus on value, certainty, and financing. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders.”

Parag Agrawal, Twitter’s CEO, said, “Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important.”

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” said Mr. Musk. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

Transaction Terms and Financing
The transaction, which has been unanimously approved by the Twitter Board of Directors, is expected to close in 2022, subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions.

Mr. Musk has secured $25.5 billion of fully committed debt and margin loan financing and is providing an approximately $21.0 billion equity commitment. There are no financing conditions to the closing of the transaction.

For further information regarding all terms and conditions contained in the definitive transaction agreement, please see Twitter’s Current Report on Form 8-K, which will be filed in connection with the transaction.

First Quarter 2022 Earnings Results
Twitter plans to release its first quarter fiscal year 2022 results before market open on April 28, 2022. In light of the pending transaction announced today, Twitter will not hold a corresponding conference call.

Advisors
Goldman Sachs & Co. LLC, J.P. Morgan, and Allen & Co. are serving as financial advisors to Twitter, and Wilson Sonsini Goodrich & Rosati, Professional Corporation and Simpson Thacher & Bartlett LLP are serving as legal counsel. Morgan Stanley is acting as lead financial advisor to Mr. Musk. BofA Securities and Barclays are also acting as financial advisors. Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel.

RELATED ARTICLE: Trump will not return to Twitter even as Elon Musk purchases platform

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BREAKING: Twitter Reconsiders Elon Musk’s Takeover Bid After $46.5 Billion In Financing Secured

UPDATE:


The Twitterverse is aflutter. One step closer to freedom. #TeamElon

Funny how the left is all in on Mark Zuckerberg owning a majority of the most significant social media platforms but is somehow aghast at the thought of Musk taking over the reins of Twitter. LOL.

BREAKING: Twitter reconsiders Elon Musk’s takeover bid after $46.5 billion in financing secured

Both sides are reportedly meeting Sunday to discuss Musk’s proposal.

By: Hannah Nightingale,  The Post Millenial, April 24, 2022

Twitter is reportedly re-examining SpaceX and Tesla CEO Elon Musk’s $43 billion offer to buy the Big Tech company after he revealed that he has now secured $46.5 billion for the potential buyout. According to The Wall Street Journal, Twitter had been ready to reject the offer, but will take a new look at it after the business magnate revealed his filing with the SEC showing that he has lined up financing for the offer.

The financing includes $22.5 billion which will come from his own equities.

People familiar with the matter told The Wall Street Journal that the revelation makes it more likely for Twitter to seek to negative the offer with Musk. “The situation is fast-moving and it is still far from guaranteed Twitter will do so,” The Wall Street Journal noted. Some of the people said that Twitter is still working on an estimate of its own value, and could also insist on sweeteners for the deal such as Musk covering breakup costs if the deal falls through.

The two sides are reportedly meeting on Sunday to discuss Musk’s offer.

The company is expected to address on the bid when it reports first-quarter earnings Thursday, if not sooner, the people said.

Their response could leave the door open to other bidders, or negotiating with Musk on terms not included in the price.

The people told The Wall Street Journal that Musk remains firm on his offer of $54.20-a-share.

The potential turnaround from Twitter comes as Musk met with several shareholders of the company privately on Friday to talk up his proposal through a series of video calls.

According to The Wall Street Journal, Musk reportedly has a few shareholders behind him following the meetings.

Lauri Brunner, who manages Thrivent Asset Management LLC’s large-cap growth fund, said. “He has an established track record at Tesla,” she said. “He is the catalyst to deliver strong operating performance at Twitter.”

Musk has reportedly said he is considering taking his bid directly to shareholders by launching a tender offer, but even if he was to get significant shareholder support, he would still have to work around the company’s “poison pill.”

EDITORS NOTE: This Geller Report column is republished with permission. ©All rights reserved.

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Did Elon Musk Just Save Free Speech?

Elon Musk’s large purchase of Twitter could be exactly what champions of free speech have been waiting for.


Over the weekend, Twitter CEO Jack Dorsey made comments that would seem to confirm some suspicions I’ve had.

For some time now, I’ve wondered if Jack has been experiencing a quiet awakening. (Those tweets on bitcoin, inflation, and Murray Rothbard haven’t gone unnoticed—at least not by us.) And comments Dorsey made Saturday indicate he, like Dr. Frankenstein, is beginning to see the monster he created.

“the days of usenet, irc, the web…even email (w PGP)…were amazing. centralizing discovery and identity into corporations really damaged the internet,” Dorsey tweeted. “I realize I’m partially to blame, and regret it.”

This realization is important but also complex. Corporate censorship has been a thorny issue for libertarians, who on one hand support free expression but on the other recognize the right of private companies such as Twitter, Facebook, and YouTube to remove content and users for whatever reasons they wish, even if it creates a culture that stifles inquiry, debate, and expression.

Unfortunately, this is precisely the culture Big Tech has created—in no small part because of corporate America’s abandonment of the Friedman Doctrine, which argued social responsibility falls on the shoulders of company shareholders, not executives. Dorsey seems to have recognized this.

It’s no exaggeration to say I’ve felt a sense of despair over Big Tech’s censorship, especially during the pandemic. There’s something dark and dystopian about a handful of corporations —working directly with the government, mind you—censoring and banning people for sharing “misinformation” (a term that increasingly appears to mean Wrongthink).

Dorsey’s reflection seemed a step in the right direction to a thorny issue—admitting the problem is the first step in the road to recovery. Then something much bigger happened.

On Monday, news broke that Tesla founder Elon Musk had purchased a 9.2 percent stake in Twitter. News of the purchase sent Twitter’s stock price soaring in premarket trading. More importantly, the purchase makes Musk the largest shareholder in the company.

This is a big deal because prior to the news of the purchase, there had been rumblings that Musk might be eyeing up Twitter to help correct the direction of free speech.

“Free speech is essential to a functioning democracy,” Musk tweeted on March 25. “Do you believe Twitter rigorously adheres to this principle?”

The responses to Musk’s poll were one-sided—more than 70 percent of the 2 million voters responded “no”—and analysts say Musk’s purchase is evidence that he intends to take an active role in how Twitter is run.

“I think he intends to go active and force change at Twitter,” Dan Ives, tech analyst at Wedbush Securities, told CNN. “This is a shot across the bow at Twitter’s board and management team to start discussions.”

This is significant because, as Dorsey alluded to, the internet has been centralized under an umbrella of a handful of corporations, which makes it easy for the government to effectively outsource censorship of problematic speech, usually under the guise of protecting Americans from “misinformation” or “hate speech.”

Up to this point, Big Tech has mostly played along with Big Government. But Dorsey and Musk seem to recognize that something is rotten in Silicon Valley. And one of them, at least, appears to be taking steps to do something about it. This is vitally important, because free expression is integral to freedom and the human pursuit of truth.

“…if we truly wish to understand why freedom is necessary in a civilized society,” the great American reporter Walter Lippman once observed, “we must begin by realizing that, because freedom of discussion improves our own opinions, the liberties of other men are our own vital necessity.”

For years now, as Big Tech censorship grew more and more aggressive, champions of liberty have insisted that the market was the solution to the problem, not the government.

Musk’s large purchase of Twitter could be exactly what we’ve been waiting for.

AUTHOR:

Jon Miltimore

Jonathan Miltimore is the Managing Editor of FEE.org. His writing/reporting has been the subject of articles in TIME magazine, The Wall Street Journal, CNN, Forbes, Fox News, and the Star Tribune. Bylines: Newsweek, The Washington Times, MSN.com, The Washington Examiner, The Daily Caller, The Federalist, the Epoch Times.

RELATED ARTICLE: PODCAST: Elon Musk and the Growing Populist Revolt!

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Elon Musk Becomes Largest Shareholder Of Twitter

Tesla CEO Elon Musk bought a 9.2% stake in Twitter Inc., according to an SEC filing posted Monday.

Musk purchased roughly 73.5 million shares, making him the largest shareholder, The Associated Press reported Monday, citing the filing.

Musk has questioned whether Twitter “rigorously adheres to” the principle of “free speech.” Musk posted a poll on Twitter and 70.4% of respondents said Twitter does not.

“Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?” Musk then tweeted.

Musk also said he was “giving serious thought” to creating a new platform with “free speech.”

The investment is considered passive, according to the AP.

Dan Ives of Wedbush Securities said in a client note Monday that the passive stake is likely “just the start of a broader [conversation] with the Twitter board/management that could ultimately lead to an active stake and a potential more aggressive ownership role of Twitter,” according to the AP.

Twitter shares spiked more than 20% following the announcement.

AUTHOR

BRIANNA LYMAN

Reporter.

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VIDEO: Elon Musk Says Wokeness ‘Wants To Make Comedy Illegal’

Elon Musk dropped the mic on the woke mob with some powerful comments.

“Wokeness basically wants to make comedy illegal, which is not cool,” Musk said. He immediately followed it up with, “I mean, Chappelle, like, what the f**k? Trying to shut down Chappelle? Come on, man. That’s crazy. So, do we want a humorless society that is simply rife with condemnation and hate, basically?

During an interview with the Babylon Bee, the founder of Tesla and arguably the most interesting man on the planet argued that wokeness is a disease looking to kill comedy.

You can watch his comments in the clip below.

For those of you interested in watching his entire interview with the Babylon Bee, you can fire that up below.

As I’ve said before, with every single person who joins the anti-woke and anti-cancel culture movement, the closer we get to winning the war.

There are already some big names who have spoken out, including Aaron RodgersCharles Barkley and Joe Rogan. However, Elon Musk is the biggest of them all.

He’s the richest man on the planet, and he has the kind of influence that could start legit wars. That’s what happens when you’re worth $278 billion.

Now, he’s using his influence to remind people that it’s okay to laugh, tell jokes, enjoy comedy and to remind people that the woke mob should be ignored at all costs.

Members of the woke mob and people who support cancel culture are bitter losers who haven’t accomplished anything in life. Instead of trying to create interesting things and elevate people, they like dragging people down to their level. It’s not a big mystery what’s going on.

Props to Musk for keeping it real and being honest about the goals of people who are woke. Again, with every person who speaks up, we become one step closer to ending this nonsense forever.

COLUMN BY

DAVID HOOKSTEAD

Sports and entertainment editor. Follow David Hookstead on Twitter and Instagram.

RELATED ARTICLE: David Hookstead Is The True King In The North When It Comes To College Football

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NEW VIDEO: The Babylon Bee Interviews Elon Musk

Watch the full interview:

And if you’re sitting here thinking, “What the heck!? The Babylon Bee does videos?!” then boy, oh boy do we have a treat for you! Our YouTube channel has tons of glorious content like the videos below! Check them out now and subscribe to our YouTube channel for more!

EDITORS NOTE: This video by The Babylon Bee is republished with permission. ©All rights reserved. Follow The Babylon Bee on our Website, Twitter page, on Facebook and Instagram.