NEW YORK.
>> Steve: THAT IS BEEN MATT TO
LIVE IN LIBBY OF THANK YOU SO
MUCH.
>> Pete: ELON MUSK NOT GIVING
UP ON HIS TRY TO BY TWITTER WILL
OFFER UP TO $15 BILLION OF HIS
OWN CASH.
>> Steve: HE IS ALSO TALKING
ABOUT A POTENTIAL NEW STANDARD
FOR FREE SPEECH WITH THE COMPANY
TWEETING "A SOCIAL MEDIA
PLATFORMS POLICIES ARE GOOD IF
THE MOST EXTREME 10% ON THE LEFT
AND ON THE RIGHT ARE EQUALLY
UNHAPPY" >> Ainsley: HERE TO
REACT FOX NEWS CONTRIBUTOR WITH
THE OPENING BOOK "THE WAR ON THE
WEST" THAT COMES OUT NEXT WEEK
THAT WAS MORE A GOOD MORNING,
DOUGLAS.
>> GOOD MORNING.
>> Ainsley: HE WAS ORIGINALLY
OFFERING 43 BILLION WHAT A DAY
NOW HE IS OFFERING 15 BILLION?
THAT’S A BIG DIFFERENCE.
HE DIDN’T HAVE THE MONEY?
>> HE DID HAVE THE MONEY.
HE OFFER THE 43 BILLION AND THEN
OF COURSE WHAT WAS EXPOSED WAS
WHAT WE CAN ALL TELL, WHICH WAS
THE DIFFERENCE BETWEEN
SHAREHOLDERS AND THE BOARD.
THE BOARD OF TWITTER, THE
SHAREHOLDERS OF TWITTER,
SHOULD’VE TAKEN THE MONEY, COULD
HAVE TAKEN THE MONEY.
BECAUSE THIS IS A VERY GOOD
DEAL.
SEVERAL DOLLARS OF THE ACTUAL
VALUE OF SHARES, BUT THE BOARD
DOESN’T WANT TO RELINQUISH ITS
FAVORITE TOY.
SO THEY BASICALLY LAST WEEK HAD
THIS ARRANGEMENT THREATENED TO
FLOOD MORE SHARES IN THE MARKET,
ELON MUSK SAID HE WOULDN’T DO
ANYTHING AFTER THE FIRST OFFER.
IS NOW CLEAR THAT HE WILL.
>> Ainsley: HAD SAID TAKE IT
OR LEAVE IT.
>> HE DID AND HE IS CLEARLY
HUNGRY FOR IT HE IS PUTTING IT
IS ON MONEY AND ALSO RAISE MONEY
FROM OTHERS.
>> Pete: HOW MUCH OF THIS IS
ABOUT BOTTOM-LINE AND BUSINESS
NOT MUCH OF THIS IS ABOUT
CONTROL OF A SPEECH ENGINE RIGHT
NOW?
>> IT SEEMS TO ME THAT ELON MUSK
IS HUNGRY.
THAT IS A VERY GOOD THING.
THE BOARD OF TWITTER ARE BEING
EXPOSED.
AGAIN, IT IS A VERY GOOD OFFER
HE HAS ARTIE PUT ON THE TABLE
FOR SHAREHOLDERS.
BUT THE BOARD WANT TO ATTAIN
THAT POSITION.
HE IS EVERYTHING.
IF ELON MUSK WERE TO TAKE
CONTROL OF TWITTER WE WOULD ALL
BE ABLE TO FIND OUT EXACTLY WHAT
IT IS THE TWITTERS WENT UP TO A
NEW RECENT YEARS.
AND OF ALL THE SOCIAL MEDIA
COMPANIES, FACEBOOK AND YOUTUBE,
ALL OF THE REALLY DISHONEST
THINGS THAT THEY DO AND SAY THAT
THEY DON’T DO BUT THEY ACTUALLY
DO, THE SHADOW BANNING AND MUCH
MORE OF THE SILENCING OF
CONCERTED DEMO CONSERVATIVE
VOICES BUT HENNING IS NOT A
SPEECH ISSUE, ALL THAT WOULD
COME OUT.
AND NO ONE IS WORSE ABOUT THAT
THAN TWITTER.
AND ALL OF TWITTER START ARTS
WOULD BECOME CLEAR.
AND I THINK THAT IS WHAT THE
BORDER ARE PROTECTING.
THERE WAS NO OTHER REASON OTHER
THAN THEIR PERSONAL STATUS WHY
THEY WOULD BE FIGHTING SO HARD
TO STOP ELON MUSK TAKING OVER
THE COUNTRY.
>> Steve: SURE BECAUSE HE IS A
SMART GUY.
WHENEVER WE SEE BIG SOCIAL MEDIA
GIANTS IN FRONT OF MEMBERS OF
CONGRESS, AND THEY SAY WELL,
THAT WOULD BE THE ALGORITHM,
CONGRESSMAN.
THEY ARE LIKE I HAVE NO IDEA
WHEN ALGORITHM IS.
ELON MUSK UNDERSTANDS THAT, SO
AS SOON AS HE SITS DOWN IN THE
BIG CHAIR, IF YOU WERE ABLE TO
HELP BY IT, HE WOULD SAY LET ME
SEE IT.
HEY I CAN’T BELIEVE YOU DID THIS
AND KNOWING HIM HE WOULD EXPOSE
THAT. YOU SAY OKAY, THIS IS WHAT WE
YOU SAY OKAY, THIS IS WHAT WE
BEEN DOING.
HE SET HIMSELF TWITTER IS
ESSENTIALLY THE PUBLIC SQUARE
THESE DAYS.
PEOPLE SAY WELL IF YOU DON’T
LIKE WHAT YOU CAN GO ANOTHER
PLATFORM.
NOT REALLY THAT TRUE.
IT HAS AN INCREDIBLE MONOPOLY.
AND SO IT IS THE PLACE WHERE
POLITICS FALLS OUT, CULTURE WARS
ARE FOUGHT OUT MUCH MORE THAN
ANY OF THE PLATFORM.
HE REALIZES THAT IF THE PUBLIC
SQUARE IS EFFECTIVELY DOMINATED
BY SENSORS WHO PRETEND THEY ARE
NOT SENSORS AND ARE HIGHLY
POLITICAL ACTIVISTS WHO CAN JUST
CHUCK PARENTS OFF TWITTER IF
THEY HAPPEN TO SAY SOMETHING
TRUE.
THAT PLATFORM HAS BECOME RANCID.
THAT PLATFORM HAS BECOME CORRUPT
AND THUS FOR THE PUBLIC SQUARE
IS GRAPHED.
ELON MUSK KNOWS THAT I REALLY
HOPE HE SUCCEEDS IN THAT BID.
SPEECH IT WOULD BECOME A MUCH
BETTER AT SET AS.
>> YES.
>> Steve: ITS VALUE WOULD
SKYROCKET.
COME BACK NEXT WEEK WHEN YOUR
BOOK COMES OUT.
>> I WOULD LOVE THAT.
>> Pete: THE WAR ON THE WEST
COMING OUT NEXT WEEK BUT IT’S