19 December 2022

By The Numbers - part the twenty fifth

So, as I type Musk's 'informal poll' has 57.5% voting to get rid of the grifter, 42.5% voting to keep him. In political politics, that's a landslide. But, as the Real Pundits have noted: Musk still controls the company's stock and can, if he so chooses, install anyone as CEO. Another informal poll, conducted by one of the assumed heirs apparent (which listed said heirs to be voted on), had "Other" as the leader by a wide margin. Da ground get spongier.

Musk insists that Twitter's financial situation is dire, thus his firing of most (all?) of the guard-rail staff and myriad others. Don't need such when your goal is a mega-propaganda machine for the alt-right. Once an Afrikaner, always an Afrikaner.

What Musk never says... almost all of the debt burden was created by his 'takeover', with Other People's Money.

Debt before the takeover: $600,000,000 net. here.

With the acquisition... $13,000,000,000 in new debt. Annual service (as much as) ~$1,500,000,000, I guess nobody really knows fur shur. Dat's a lotta moolah just to be the Uber Goebbels. May be he could buy up a truckload of Batshit J. Moron's NFT Uberman cards? Might be worth a few billion bucks in a year or two?

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