Thursday, November 5, 2020

America's Tech Billionaires Are The Biggest Winners From This U.S. Presidential Election


Bloomberg:
Finance, Tech Billionaires Boost Wealth After Election Wins 

(Bloomberg) -- Despite lingering uncertainty over the U.S. election, the country’s ultra-rich already have plenty to celebrate. 

Tech billionaires in Silicon Valley saw a hotly contested ballot question on the employment status of gig workers pass in their favor, while an Illinois measure to swap the state’s flat income tax with a graduated system went down in defeat after Citadel’s Ken Griffin spent millions to oppose it. 

Across the board, the 167 U.S. billionaires also gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the biggest rallies in five months. Amazon.com Inc.’s Jeff Bezos led the way with a $10.5 billion gain, while Facebook Inc’s Mark Zuckerberg added $8.1 billion. 

Read more .... 

WNU Editor: With President Trump gone you can take this to the bank. Any talk on breaking these monopolies are going to end in a Biden administration, and these tech billionaires and their investors know it. 

Update: Twitter and Facebook are now censoring everyone who even hints that there may have been fraud in this election.

10 comments:

B.Poster said...

It's not over yet. They may want to hold their exuberance.

B.Poster said...

By censoring they are tacitly admitting that there's some truth to the allegations. If it's false, then simply refute it. The other option is to simply driown it out by their own counter messaging. Censoring, at the very least, doesn't look good.

Anonymous said...

I do not use Fakebook or Twitter. I will use Gab or Parler in the future.

Not sure what to do about Apple and Amazon.

I will stop Netflix subscription. The Founder is a flaming liberal and he is a money grubber. I don't blame him for wanting to make money had over first or wanting to become a billionaire. His business model is to shaft actors and I mean shaft. He is disgusting. If a series is a hit, they still terminate it after 2 seasons. that way they keep actors under their thumb. They cannot become big stars.

He can become a multi-millionaire, but he does not want let an actor do the same. We might as well call him Lord Hasting von Netflix.

Many actors are bad but they are not all bad. Even if they are loathsome politically, if they can draw ticket buyers to a movie to serial, then they have earned the money.

Reed Hasting is anti-American and an aristocrat. He is a no good S.O.B.

Anonymous said...

Why wouldn't FB and Twitter censor that? There is zero proof... even from the Trump administration.

Let me give you non-Americans a hint: just because someone says it, does not make it true. Look up "pathological liar" in your English to Russian dictionary.

B.Poster said...

So, if there's no proof, there's no reason to censor it. Something that has no proof can and will be ignored. If there's no proof, then Trump isn't challenging in court and the Republican leadership would have fully abandoned him by now. I would tend to agree that not enough proof has been supplied yet for a court to find for team Trump. I would say though that the actions in PA at least are worthy of further investigation.

Essentially let the information flow. Let the public decide if the "proof" presented is sufficient. No proof means nothing to be scared of. If nothing else, drown out the message with a counter message. Facebook, Twitter, and their allies can easily do that.

Anonymous said...

Freedom of speech does not equal freedom of reach. If you feel censored by social media then you are free not to use it.

Go yell your conspiracy stories from the highest mountain, you are free to do that.

B.Poster said...

"Freedom of speech does not equal freedom of reach." A publication has the right to prohibit what it wants. Facebook and Twitter have special exemptions from legal liability for what they publish based upon being a public square so to speak. As such, whether it is the false Russia collusion story or the election they should not be censoring it.

It's pretty simple. Allow the sources to publish, let the readers access it, and let them weigh any evidence. By censoring it makes it appear as though there's something to hide. We already have seen other examples.

For what it's worth, I don't think team Trump has publicly submitted enough evidence of vote fraud. Based upon prior experience of observing the Republican party leadership I think the evidence exists otherwise they'd have abandoned Trump by now.

Anonymous said...


Too early to say about voting violations. Some situations certainly raise questions. Silence of some news sources on some topics is not acceptable but it appears we have to live with it. I made the choice to not use some sources simply because of what I saw was bias on their part or outright incompetence i.e. NYT on Russian intervention, collusion, whatever and their Pulitzer award[s] in 2016 from reporting on the subject.

Anonymous said...

I suggest you start your own social media network, 5:14PM, and do what you want. However, I assume your Russian government will either infiltrate it, nationalize it, or have you killed (oh sorry, he "killed himself") and then all news - fake and real - can be shared.

B.Poster said...

I'm not Russian. I've provided information for you on how to contact me. You haven't made the attempt. I think you missed the point I was makkng. News media such as Fox, CNN, or the NYT are publications. They can choose to report or not report anything they choose. They can also be sued for slander. Public forums like Facebook and Twitter enjoy exemptions from slander lawsuits and are not supposed to be censoring. Now, if it's false, simply refute it or drown it out with your oen message. Bu censoring you draw attention to it. Nobody really cared about Hunter Biden until someone started censoring stories about him, Let's see the evidence. Don't censor. They seem to be scared of something.