A court filing made public just yesterday revealed that Elon Musk is under federal investigation related to his $44 billion takeover deal for Twitter Inc, the social media company.
Twitter
claims it requested for months that Musk's attorneys produce their communications
with federal authorities but they had not done so. Hence they asked a Delaware
judge to order that the documents be provided.
In
late September, Musk's attorneys provided a "privilege log"
identifying documents to be withheld from discovery. The log referenced drafts
of a May 13 email to the U.S. Securities and Exchange Commission and a slide
presentation to the Federal Trade Commission.
Twitter's court request was filed on Oct. 6, the very day the Delaware judge halted proceedings that would let Twitter and Musk finalize their deal.
In April, Bloomberg reported that Twitter shareholder Marc Bain Rasella claimed investors lost out on gains because Musk waited too long to declare his 9.2 percent stake purchase in the platform
The SEC asked Musk whether the disclosure of his 9% Twitter stake was late and why it indicated that he intended to be a passive shareholder. Musk later refiled the disclosure to indicate he was an active investor.
In
June, the SEC asked Musk whether he should have amended his public filing to
reflect his intention to suspend or abandon the deal.
When
Elon Musk announced his bid to Twitter back in May, it caused celebrations and
meltdowns in equal measure.
Liberals
feared losing control over a primary tool of manipulation. Twitter
employees staged walkouts. MSNBC said that Musk’s takeover
would have 'massive,
life and globe-altering consequences'.
The New
York Times and the Washington
Post attacked Musk. Baseless Allegations of racism and White Supremacy
were also made, obviously.
When
asked how he would change Twitter, Musk says he’d reverse
Twitter’s ban on President Donald Trump he called the ban a “morally
bad decision” and “foolish in the extreme.” Musk also said he will liberate the
platform into a haven for free speech.
Then
in mid-May Musk revealed that his plan to buy Twitter is “ temporarily
on hold” owing to numerous spam-bot accounts on the social media
platform. Shares of Twitter tumble, while shares of Tesla rebound sharply.
By
June, Musk threatened
to end his deal to buy Twitter, accusing Twitter of holding back
information about its spam bot accounts.
By
July, Musk claimed he abandon
his offer to buy Twitter following Twitter owing to Twitter’s refusal
to divulge details about the bogus accounts.
The
attacks on Musk seemed to stop after that.
On October
4, Musk offered to honor his original proposal to buy Twitter. Twitter
says it intends to close the transaction after receiving Musk’s offer.
Once
again it caused panic waves across the establishment.
Apart
from yesterday’s announcement that Musk was being investigated by the Feds, there
was another bit of news.
Ian
Bremmer, head of the Eurasia Group political risk consultancy, alleged that Musk
had personally told him about the conversation with President Putin.
https://twitter.com/ianbremmer/status/1579941475613229056
This allegation
surfaced after Musk tweeted about a plan for peace between Ukraine and Russia
https://twitter.com/elonmusk/status/1576973049277992974
Musk
denied he spoke to Putin
about the intervention in Ukraine.
Federal
investigation and allegations of being in contact with Putin?
Where
have we heard this before?
The tone and
content of the probe demands and the investigations seem reminiscent of hoaxes
against Trump.
It has to be
remembered that government agencies do not need any probable cause to investigate.
An allegation made could be enough.
This is
exactly what happened during the Trump-Russia Collusion hoax. The hoaxers couldn’t
tell how Russia meddled with the 2016 elections or if votes were altered. They
couldn’t cite the laws that were broken or how votes were altered. They just didn’t
like the outcome of the election and were doing all they can to unseat President
Trump.
Their noise
caused the appointment of Special Counsel Robert Mueller. The goal behind the
Mueller probe was to create a perception of criminality. The Mueller team selectively
leaked to the media that the ‘walls were closing in on Trump’.
The probe had
no boundaries, it was used to target allies of Trump and even his personal
attorney.
The goal
behind this investigation was also to make the process seem like a punishment
and build perception.
The Mueller
team did have success.
They managed
to slow down the pace of Trump's implementation of his agenda which the DC establishment
was staunchly against.
They probably convinced
some citizens to vote against the GOP in 2018 and against Trump in 2020. Victory
in the 2019 midterms enabled the Democrats to take control of the House,
which led to two baseless impeachments of Trump.
It is a
miracle that Trump, despite all these impediments, managed to implement a great
deal of his agenda on the economy, and border security, and secure 74 million
votes.
The 'investiators' know that
every human has their limit of endurance, they probably hoped that someday
Trump would think “I am a multi-billionaire, I
have a great life, I don’t need this” and walk away from politics forever.
That didn’t happen
and hence myriad baseless investigations continue to this day.
They live in hope
that a breaking point will be reached. The other objective of this persecution
of Trump is to prevent any other aspiring private citizen to enter politics by
challenging the D.C Democrat establishment and the deep state.
This is
exactly what seems to be happening with Musk.
What liberals fear the most is any challenge to their monopoly. Musk has been championing free speech and expressing support for Republicans. Musk has been violating the DC Democrat groupthink over and over again and has been enjoying the free publicity he gets from being provocative and amassing a significant following for it.
It is hard to say if Musk is a real disruptor or merely addicted to publicity.
But the D.C. establishment doesnt like challenges.
The media
attacks were just a threat.
The
investigations will be real persecution.
Don’t be too surprised if someone demands another investigation to look into Musk's ties with Putin. It would give them an excuse to probe into his business dealings and perhaps even his personal life.
This once
again should be a reminder to those who say Trump has too
much baggage owing to the multiple allegations and investigations and that a
clean candidate would serve the GOP better.
Make no
mistake, a challenger to the status quo, even if he is not contemplating joining
politics, will be gratuitously probed in addition to being demonized.
In fact, the investigations
and probes must be seen as a barometer of worthiness.
Also appears on American Thinker
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