Musk is right about the drama. Trump is a huge drama queen.

9 hours ago, NOTW said:

 

 

 

Plastic straws are thrown our after one use, take 500 years to biodegrade, and are made from fossil fuels.  I think the hope is that plastic cups will at least be recycled.  Plastic in general is bad news but it’s cheap and a boon for oil companies (who lobby against it being replaced fwiw)

21 minutes ago, Dave Moss said:

Plastic straws are thrown our after one use, take 500 years to biodegrade, and are made from fossil fuels.  I think the hope is that plastic cups will at least be recycled.  Plastic in general is bad news but it’s cheap and a boon for oil companies (who lobby against it being replaced fwiw)

Plastic straws go in a plastic lid which is attached to a plastic or paper cup. If someone is goi g to recycle their cup, the straw will follow.

3 minutes ago, TEW said:

Plastic straws go in a plastic lid which is attached to a plastic or paper cup. If someone is goi g to recycle their cup, the straw will follow.

I just think it’s funny that he’s musing about plastic straw bans when he lives in California, a state that banned single-use plastic bags back in 2014.  He sounds clueless.

Unfortunately, plastic recycling is pretty much a failure.  It just isn't economically viable generally.  I wish that wasn't the case.  At least that's what I heard and read in every major report over the last couple of years.  We just need to go to paper wherever we can (not straws though).

Just now, Dave Moss said:

I just think it’s funny that he’s musing about plastic straw bans when he lives in California, a state that banned single-use plastic bags back in 2014.  He sounds clueless.

I thought he moved to Texas?

But he sounds well informed on how absolute sh** cardboard straws are. Basically there are two types of people in this world: people who support plastic straws and people who should be put in concentration camps because they are anti-plastic straw.

5 minutes ago, TEW said:

I thought he moved to Texas?

But he sounds well informed on how absolute sh** cardboard straws are. Basically there are two types of people in this world: people who support plastic straws and people who should be put in concentration camps because they are anti-plastic straw.

There’s also men who don’t use straws period because they don’t want to simulate sucking a tiny D. 

6 minutes ago, VanHammersly said:

There’s also men who don’t use straws period because they don’t want to simulate sucking a tiny D. 

Yeah, they’re called gay because they suck giant real Ds.

At restaurants I have no idea why they put straws in glasses of water or iced tea. I never use them even if they come out. It's a freaking glass, I can drink from it like a normal person. Seems wasteful even if it's only marginally so.

I'm not a big fan of straws, though the "fight" against them is mostly posturing. I suspect a good portion of the groundswell of support for banning the comes from that video of a straw being pulled from a turtle's snout with pliers.

Banning straws doesn't really hurt anybody, but it's not making any real difference either.

I can understand the initiatives to reduce single use plastics, but drawing the line at straws is just dumb. When my youngest was 2, we went to a restaurant in magic kingdom which happened to be one of the first places to ban straws. And by ban, I mean there were literally no alternatives, not even the ishy paper ones. Meanwhile, you could go up to the dispensers and take as many plastic forks, spoons, and knives as you wanted, which was F'ing idiotic by every measure. So I had a thirsty two year old who hadn't yet learned to drink from the rim of a cup and no cotdamn straws in sight. Needless to say, I was pretty F'ing pissed.

he should have just bought the EMB instead and owned jsdarkstar

55 minutes ago, Dave Moss said:

he should have just bought the EMB instead and owned jsdarkstar

still time

17 hours ago, NOTW said:

 

 

This is accurate 

7 hours ago, JohnSnowsHair said:

Banning straws doesn't really hurt anybody, but it's not making any real difference either.

Unless you're a shareholder or employee of a company that manufactures straws

19 minutes ago, Mike030270 said:

This is accurate 

Where's all this transformation from the White House? 

Progressives are pissed at him. He's pretty much been governing left of center. 

 

 

L'etat, c'est moi.

6 hours ago, Dave Moss said:

he should have just bought the EMB instead and owned jsdarkstar

This is why M&A exists… synergistic acquisitions to create vertical and horizontal lib owning monopolies.

 

12 hours ago, JohnSnowsHair said:

Where's all this transformation from the White House?

15 hours ago, JohnSnowsHair said:

Where's all this transformation from the White House? 

Progressives are pissed at him. He's pretty much been governing left of center. 

It’s also just flat-wrong anyway. Half the people that voted for him did vote for transformational change, half didn’t. The half that did aren’t getting it (and they never will). 

 

On 5/15/2022 at 10:39 AM, VanHammersly said:

It’s also just flat-wrong anyway. Half the people that voted for him did vote for transformational change, half didn’t. The half that did aren’t getting it (and they never will). 

In order to have transformational change you really need all 3 branches involved.  Congress is unwilling and the SCOTUS is controlled by conservatives.  No chance.

22 minutes ago, mayanh8 said:

 

He's daring the SEC to get involved, which even if they will, won't actually do anything to deter this sort of behavior from him. They never do, which only emboldens him further.

2 hours ago, we_gotta_believe said:

He's daring the SEC to get involved, which even if they will, won't actually do anything to deter this sort of behavior from him. They never do, which only emboldens him further.

This isn't really the SEC's purview, at least not on the front lines. This is up to Twitter and what they want to do. Musk waived due diligence when we entered into the merger agreement, so all he can rely upon is the reps and warranties in that document. 

Quote

Section 4.25 No Other Representations or Warranties. Except for the representations and warranties expressly set forth in this Article IV, neither the Company nor any other Person makes or has made any representation or warranty of any kind whatsoever, express or implied, at Law or in equity, with respect to the Company or any of its Subsidiaries or their respective business, operations, assets, liabilities, conditions (financial or otherwise), notwithstanding the delivery or disclosure to Parent and the Acquisition Sub or any of their Affiliates or Representatives of any documentation, forecasts or other information with respect to any one or more of the foregoing. Without limiting the generality of the foregoing, neither the Company nor any other Person makes or has made any express or implied representation or warranty to Parent, Acquisition Sub or any of their respective Representatives with respect to (a) any financial projection, forecast, estimate or budget relating to the Company, any of its Subsidiaries or their respective businesses or, (b) except for the representations and warranties made by the Company in this Article IV, any oral or written information presented to Parent, Acquisition Sub or any of their respective Representatives in the course of their due diligence investigation of the Company, the negotiation of this Agreement or the course of the Merger, or the accuracy or completeness thereof.

So basically he has to try and rely on Section 4.6 regarding SEC filings (posted earlier), but the SEC filings about the 5% bots made clear it was an estimate, heavily discretionary, and the number could be materially higher (posted language earlier in thread). So legally, he is pretty Fed. 

Twitter could try and move forward, meet all the other conditions (e.g., shareholder vote) and then sue for Specific Performance per Section 9.9, but that requires the debt financing to be funded, and Musk could try and muck that up. If I were advising Twitter, I'd tell them to negotiate something with Musk. Not a lower price (because you can't continue to be in a deal with someone like this), but try for a bigger break-up fee. But this thing is so high profile and has gone well beyond the financial press, so...I wouldn't be stunned if Twitter says screw it and tries to make him close. 

Buckle up, it's going to be an ish show. This is why you don't agree to a merger based on a trolling attempt without doing any due diligence...first thing I said when they took the deal was Musk is the dog who caught the car.

Looks Like Musk is now trying to back out.