Tired of still having Twitter run by fascism-curious glibertarian douchebag Jack Dorsey, the Trump regime's GOP lackies are considering buying the company out and replacing Dorsey with somebody more friendly to the Trump proaganda machine.
Activist investor Elliott Management Corp. has taken a sizable stake in Twitter Inc. and plans to push for changes at the social media company, including replacing Chief Executive Officer Jack Dorsey, according to people familiar with the matter.
The New York-based firm has nominated four directors to Twitter’s board, said the people, who asked to not be identified because the matter isn’t public.
There are only three seats becoming available at this year’s annual meeting but Elliott wanted to ensure that it nominated enough directors to fill all three seats or any other vacancies that may arise, the people said. The exact size of Elliott’s stake couldn’t be determined.
Elliott approached San Francisco-based Twitter about its concerns privately and has had constructive discussions with it since then, the people said.
Representatives for Elliott and Twitter declined to comment.
Sounds pretty anodyne there, but the reality is Elliott Management is owned by GOP billionaire donor Paul Singer, who was a Never Trumper until converted to the faithful last year.
Republican megadonor and hedge fund executive Paul Singer went into attack mode at a dinner honoring Education Secretary Betsy DeVos this week, targeting what he described as a rising threat of socialism within the Democratic Party.
The comments offered a glimpse into the mentality of a powerful GOP donor as he decides how he’s going to contribute to the 2020 election. Singer is a billionaire and the founder of Elliott Management.
Singer, speaking at the Manhattan Institute’s Alexander Hamilton Award Dinner on Wednesday, warned conservatives that policies pushed by Democratic presidential candidates pose a risk to U.S. economic growth under President Donald Trump.
“Yet despite all this, socialism is on the march again,” said Singer, who is chairman of the conservative think tank.
“They call it socialism, but it is more accurately described as left-wing statism lubricated by showers of free stuff promised by politicians who believe that money comes from a printing press rather than the productive efforts of businesspeople and workers,” he added.
An Elliott Management spokesman confirmed the remarks to CNBC and declined to comment further.
Singer also attacked the Green New Deal, a sweeping set of policies aimed at creating jobs and curtailing the threats of climate change.
“The so-called Green New Deal, the latest progressive attempt to engineer our way of life and vest power in the administrative state, is now the standard of nearly every Democratic candidate for president,” he said. “Setting out to sell this utopia to the American people isn’t merely irresponsible political rhetoric, it is outright deceit.”
Singer rarely discusses his political ideologies in public but appears to have been more comfortable in front of a group people largely associated with his organization. During the 2016 presidential election, Singer was a vocal opponent of then-candidate Trump and, a year earlier, was the financier of a conservative website that hired Fusion GPS to dig up dirt on the business executive-turned-Republican nominee for president.
People forget that the Steele Dossier was originally financed as Republican Never Trumper oppo research against The Donald. Singer was the man who bankrolled it. Now, Singer is making a move to oust Twitter's CEO and take over just before the 2020 election.
This is not by accident.
You can't trust anyone these days, it seems.
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