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Big TechApril 20, 2022
Ron DeSantis Sides With Elon Musk, Threatens to Act Against Twitter Over Board's 'Poison Pill'
The internet was expecting fireworks between Elon Musk and Twitter's Board of Directors this week. Not many were expecting Ron DeSantis to enter the chat. America's Governor was asked about Musk's offer to buy the bird app and the board of directors launching a "poison pill" to reject it. The interesting thing is that DeSantis didn't respond as a conservative critic of Big Tech, or a man who, God willing, will be our next president. DeSantis answered the question as a Twitter shareholder.
Florida's pension fund is invested in Twitter. Twitter's board of directors is making political decisions at the expense of shareholders which includes Floridians.
BREAKING: DeSantis Responds To Musk Twitter Takeover Attempt: 'He Will Not Accept The Narrative'youtu.be
“We’re gonna be looking at ways the state of Florida potentially can be holding these Twitter board of directors accountable for breaching their fiduciary duty.”
Not that DeSantis DIDN'T have bars as a conservative critic who, God willing, will be our next president. He accused the board of being a ruling junta using their policies to try to marginalize people who disagree with them. He also pointed out how people most hostile to Musk are from corporate media outlets like Washington Post and CNN. "Their view is that they should be able to control the discourse. They should be able to control what you hear and think. They should be able to impose a narrative on our society. And Elon Musk rep."
But the shareholder part is where things get interesting. Florida isn't the only state whose pension fund is invested in Twitter. The market fluctuates, sure, but states rely on companies in their funds to be making the best financial decisions possible to increase share value. If a company is making a business decision for political reasons that adversely affect the fund, there is no reason to stay invested in it.
A DeSantis/Musk team-up is what the week needs. Maybe Elon can tweet about Disney. Then things can really get fun.
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DeSantis Puts a STOP to BLM MATH! | Louder With Crowderyoutu.be
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