In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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The New York Times has gained insider information on the current advertising revenue for the social media platform Twitter. [Article Here]  Ignoring the nonsense narrative engineering and just focusing on the data itself, the revenue side for Twitter is half what we previously estimated.  This makes the overlay for decisions on platform content even more stark.

According to the data, ad revenue for the month of April was a lackluster $88 million.  That’s a pace of just over $1 billion a year.  With a pre-Musk operating expense of $4.5 billion, and pre-Musk revenue at $4 billion cited by the Twitter owner as the backdrop, here’s the outlook.

Assuming post Musk labor cost reductions saved $500 million, a decline in revenue to $1 billion/yr would be a $3.0 billion deficit, to wit you would need to add the $1.5 billion in debt service as part of the investor buyout structure.

That puts Twitter into a $4.5 billion loss ballpark per year.

This is the high end of what Musk previously estimated in public statements.  Now we see why.

(New York Times) – Twitter’s U.S. advertising revenue for the five weeks from April 1 to the first week of May was $88 million, down 59 percent from a year earlier, according to an internal presentation obtained by The New York Times.  (read more)

$1 billion per year in advertising revenue is a whopping 75% loss from the claimed $4 billion in revenue before the Musk purchase.  Perhaps the Fidelity estimate of company value at $15 billion is closer to reality.

If the value of Twitter has dropped to the $15 billion level, that means almost all of the $30 billion in personal equity Musk put into the company has been lost.

Current investor debt is $12.5 billion, with $1.5 billion in debt service/yr. A valuation of $15 billion would only leave Musk with around $2.5 billion in equity position.  If the valuation is accurate, Musk personally would have lost around $27.5 billion in this Twitter platform purchase.

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Former Vice President Mike Pence has filed paperwork with the Federal Election Commission to officially declare his candidacy to win the 2024 GOP nomination.

Pence is expected to publicly launch his campaign with a Wednesday rally in Des Moines, Iowa. He is also expected to hold additional events in the state following his campaign announcement, including a CNN town hall at Grand View University. In order to pretend his way onto the GOP debate stage, Pence is putting all of his election eggs into the Iowa basket.

WASHINGTON DC – Mike Pence filed paperwork on Monday to run for president, setting up an unprecedented contest between a former vice president and a former president of his own party for the nomination. His largest task will be attempting to win back Republicans who largely cast him aside following Donald Trump’s presidency.

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Here we go again with the ever-familiar silo defense.  The FBI is refusing to hand over the unclassified FD-1023 stating there is an ongoing investigation using the confidential human source who made allegations outlined in the document.  Remember, the allegations and the statement record was created in July of 2020, almost three years ago.

Prior to last week, the FBI refused to say the 6-page unclassified document existed.  After House Oversight Committee Chairman James Comer told FBI Director Chris Wray he had already seen the unclassified document via a whistleblower, then Comey admitted the FBI indeed had it.  Today, the FBI is refusing to release the document, stating it is now captive as part of an “ongoing investigation.”  The claimed investigation began July 2020 – the investigation is “ongoing”.  Go figure.

James Comer said he will begin the process, this Thursday, to hold FBI Director Christopher Wray in contempt of Congress.  WATCH:

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~ The Background is HERE ~

A brief post just to emphasize a point about DC and how the power centers protect themselves.  You might remember when Attorney Jeff Sessions was told he needed to recuse himself from anything to do with the Trump-Russia investigation.  We know from FOIA requests of schedules, the participants in the meeting on the date of those discussions:

Jeff Sessions was forced to recuse himself at the conclusion of a meeting involving Jody Hunt, Dana Boente, Jim Crowell, Tashina Guahar and Scott Schools; an apparent conflict of interest.  Now consider….

Mary McCord was Acting Asst. Attorney General for the National Security Division, when she submitted the fraudulently constructed FISA application used against Carter Page. Mary McCord, knowingly and with specific intent, defrauded the court and broke the law.  Mary McCord then went on to join Adam Schiff and Jerry Nadler in the construction of the articles of impeachment. She did not recuse herself. 

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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(more…)

Former DeSantis Press Secretary Christina Pushaw came directly to the Florida Governor’s office after working in Ukraine on behalf of Volodymyr Zelenskyy.  There is a clear commonality of interest in the actions of Pushaw both in Ukraine and in Florida.

Once the national DeSantis operation was fully constructed and funded, in August 2022 Pushaw left the governor’s office to assemble and coordinate the previously solicited social media influencers for the 2024 operation.

After organizing the operatives, Pushaw is now spearheading a U.S. online influence campaign.

In essence, a registered foreign agent is now working on the social media platform Twitter to construct disinformation on behalf of Ron DeSantis. Elon Musk is apparently a partner in the effort, as the details of the operation begin to surface.

Their intelligence community method is to use operatives within Twitter “community notes” to control any negative opinion of DeSantis.  If anything is identified that undermines the DeSantis operation, Pushaw triggers a specific account “@NoteNeeded” which contains embed operatives who swarm to her commands and affix labels to Tweets designated as harmful to the interests of the DeSantis regime.

The DeSantis election influence operation is similar to what the U.S. State Dept (Nuland) and USAID (S Power) do in foreign countries; only in this example, Ms. Pushaw is working to influence domestic U.S. politics through the social media platform Twitter.

The various accounts all carry the same alligator emoji as an identifying characteristic. Here’s an example of the operation at work, as well as an explanation from Twitter that just doesn’t reconcile with the claims.

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House Speaker Kevin McCarthy appears with Maria Bartiromo to address criticism about details within his debt ceiling bill.  The criticism is very valid, and is being made by many people who are unhappy with the deal to raise the debt ceiling.  However, the primary defense point of McCarthy surrounds a return to regular budgetary order.

As noted by McCarthy, the 12 house appropriations bill that form the traditional federal budget, are due in Aug/Sept for fiscal year 2025 which begins October 1st.  That is where substantive spending will be reduced, well below current spending levels.  However, Bartiromo confronts that outlook by asking ‘what if’ the Senate doesn’t take up the federal budget bill, preferring instead to use the funding mechanism provided within the debt ceiling bill.  {Direct Rumble Link}

The budget debate may sound somewhat parliamentarian, because the nuance of federal budgets is exactly that.  The mechanism to force congress to create a regular order budget is the debt ceiling. Essentially the national credit limit. If you take away the mechanism to force the budget, there is no force mechanism to require the budget.  WATCH:

The amount of debt carried in your own household budget is only a problem if you have a limit on your credit. If you have unlimited credit, meaning you can borrow endless amounts of money, then you can spend as much as you want. This willy-nilly raising of the national debt ceiling is the issue at the core of why federal budgets are not passed.

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