Democrats have controlled social media since its inception and have used it to attempt to rig elections by spreading misinformation.
They have begun doing that again for the 2020 presidential election, but a gigantic monkey wrench has just hit their nefarious plans.
Elliott Management, operated by billionaire Republican donor Paul Singer, has purchased a “sizeable stake” in Twitter.
Moreover, Singer is said to have plans to oust the social media giant’s CEO Jack Dorsey, Bloomberg News reported.
“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,” Bloomberg reported.
“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,” it said.
The reasons to replace ZDorsey are not simply political. The company’s stock has fallen by 6.2 percent since Dorsey returned to the helm in 2015.
During the same span of time the shares of its rival Facebook have increased by a whopping 121 percent.
New York University Stern School of Business professor Scott Galloway expressed his own concerns in December when he wrote to Twitter’s executive chairman, Omid Kordestani
“To be clear, my primary objective is the replacement of CEO Jack Dorsey,” Galloway, an investor in Twitter, said.
“However, your firm’s weapons of mass entrenchment include a staggered board that may force shareholders to seek to replace other directors, including yourself, first,” he said.
The thing about Singer is he was not always on board the Trump Train. In fact, he started out as being anti-Trump.
Singer backed Florida Sen. Marco Rubio during the 2015 primary and there were reports that his Washington Free Beacon funded research into the Steele Dossier.
But those reports were never proven and the Beacon has denied having any involvement in funding the salacious dossier.
Singer and the president made up after the election and have become close. He is firmly behind President Trump’s 2020 campaign.
President Trump said, after a visit from the billionaire in February 2017, that Singer “was very much involved with the anti-Trump or, as they say, ‘Never Trump’, and Paul just left, and he’s given us his total support and it’s all about unification”.
And the news of Singer possibly taking control of Twitter hit Democrats like a ton of bricks.
So Twitter will be run by Neo-conservative pro-Trump billionaire Paul Singer? Oh. Very subtle. 😂 https://t.co/wkLfSFpP47
— Eric Garland (@ericgarland) February 29, 2020
This is true.
Paul Singer will ensure twitter becomes a rightwing propaganda and manipulation tool. https://t.co/ZuuQJ5aYwQ
— Quatrain Gleam (@QuatrainGleam) February 29, 2020
Paul Singer, a major GOP donor bought a large stake in Twitter & is seeking to oust Jack. Singer’s a trump supporter. If this happens, Twitter as we know it will cease to be. We can abandon trump’s Twitter, if someone creates another social platform.https://t.co/RD7um68vn0
— ✧ 𝕄𝕒𝕣𝕚 ✧ (@DemocratsCare) March 1, 2020