The latest developments in the effort to purchase the unsustainable magic coffee shop are quite revealing.

According to the New York Post, “Musk himself is willing to invest between $10 billion and $15 billion of his own cash to take Twitter private, two sources close to the situation said. That’s up from the current 9.1% stake in the company he revealed on April 4, which is worth about $3.4 billion.”

However, more revealing about the overall issue are the comments from the PR firm of the U.S. Intelligence Community, The Washington Post:

(WaPo) […] “Putting so much power in the hands of one company is bad enough, but putting it in the hands of one person, as is largely the case with Facebook shareholder Mark Zuckerberg and would be the case if Twitter were owned by Musk, would be incompatible with democracy.” 

“There are simply no checks and balances from any internal or external force,” … “It would leave Musk, like Zuckerberg, with an amount of assembled data about people and the ability to use it to manipulate them “that cannot be compared to anything that has ever existed, and allows intervention into the integrity of individual behavior and also the integrity of collective behavior.” (read more)

People are starting to catch on to the reality that costs for data processing on many social media platforms (the free coffee), exceeds the ability of the platform to generate revenue.  People are starting to understand that behind the scenes of the Big Tech consortium, there is something else, some other operational construct and mechanism, that subsidizes & facilitates their existence.

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Put this in the tracking file for ratios and such.  Axios is reporting that CNN+ is likely to collapse as Warner Bros has suspended all external marketing and product development and fired the Chief Financial Officer.  The network has spent $300 million, and only generated 150,000 subscribers.  A major fail by any measure.

(Via Axios) Warner Bros. Discovery has suspended all external marketing spend for CNN+ and has laid off CNN’s longtime chief financial officer as it weighs what to do with the subscription streaming service moving forward, five sources tell Axios.

• Why it matters: Inside CNN, executives think the launch has been successful. Discovery executives disagree.

• CNN+ has roughly 150,000 subscribers so far.

• Warner Bros. Discovery wants to eventually build one giant service around HBO Max.

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A group of far-left Georgia voters, backed by a coalition of left-wing constitutional scholars, liberal activists and lawfare allies, filed a challenge against Marjorie Taylor Greene last month with state election officials. The 14th Amendment of the US Constitution prohibits officeholders from returning to elected positions if they supported an insurrection. The challengers claim that Greene can’t run for reelection because she “aided” the January 6 insurrection.

No one has been charged with “insurrection”, and the entire effort seems like a leftist political maneuver to avoid being crushed in the 2022 midterms. However, there’s a never-ending source of funding for these Lawfare schemes, so these efforts continue. An activist Federal Judge, Amy Totenberg (Obama appointee), from the Northern District of Georgia is anticipated to rule this week on whether the challenge can move forward.

MTG appeared on Tucker Carlson to discuss. {Direct Rumble Link} WATCH:

Marjorie Taylor Greene is one of the few congressional representatives who actually channels the appropriate anger and opinion of her constituents.  That makes her a target for the Lawfare leftists.

We need to watch these types of schemes.  This crap is what the Lawfare crew do when people are distracted.

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Moments after a Florida federal judge vacated the CDC federal mask mandate for transportation, White House spokesperson Jen Psaki was asked the obvious question about airline travelers right now.  What does this mean for passengers in the immediate future?

Psaki noted she was unsure about what steps could be or would be taken, and she deferred to the FAA and Dept of Homeland Security who will need to make immediate decisions. The most substantive aspect at 11:49 of video, prompted:

The White House is very committed to all their mandates around COVID-19, the mask mandate is no different.  From the perspective of the professional political left, the theater of forced mask wearing represents the visible power and authority of government to rule the lives of the irrelevant proles.

Any pesky legal rulings, that seek to reduce or remove the power of government, are viewed by the left as arbitrary and insignificant efforts to block their almighty power of government.  They can choose to wear a mask if they want, but that’s not really the issue behind the mask mandate.  The true power of the left is in the ability to force everyone to comply to their whims regardless of individual freedom.

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It’s a weird dynamic.  Like Neil Oliver said in his weekend monologue, we are supposed to ignore this stuff and pretend this is okay.   We are supposed to look at this and make believe it’s just normal, yet nothing about this is okay.  We are supposed to just laugh it off.

Not only is it just plain weird, but ultimately this game of pretending is just dangerous.  WATCH:

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The view from the reverse angle is even more concerning.

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Jumpin’ ju-ju bones, this is rather remarkable.  Two video segments from CNN today highlight just how horrible things are for Democrats this mid-term election year.  No amount of J6 leverage is going to offset the way Americans feel about Joe Biden.

Delivering a summary of the last four most recent and consecutive polls, even CNN had to report that President Joe Biden’s approval is the lowest ever for any president at this point in any presidency.  According to the CNN presentation, Joe Biden is “in a lot of trouble,” as outlined during a segment on CNN’s “New Day” with Brianna Keilar and John Berman.  WATCH:

The second segment is even worse news than the first.  In the second segment they take a look at all modern presidential polling and discover that Joe Biden has a lower approval rating than even Jimmy Carter in 1978.

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The U.S. Census Bureau {LINK} reports the March retail sales data {pdf LINK} showing a contraction in sales overall (excluding gasoline) and a massive contraction in on-line sales.  As we expected, we are seeing the continued demand side contraction for non-essential purchases.

First, when you review the data, keep in mind all of the statistics are based on dollars.  Currently the BLS calculates the rate of inflation at 8.5 percent year over year. So, when we look at retail sales figures, we must remember the items being sold cost more.  Any reported sales figures in a sector that do not exceed the inflation in that sector, indicates decline in units sold.

The top-line for March retail sales is 0.5% growth; however, the rate of inflation is 8.5%, so the amount of goods sold is substantially less than the 0.5% dollar increase would indicate.  Subtract the sales of gasoline (w/ massive price increases), and retail sales are negative (-0.3%) in March.  SEE TABLE-2

A good category to note the contraction in non-essential purchases is electronics and appliances.  Again, CORE inflation in that segment is around 6%, and yet total sales were only 3.3% higher, meaning less actual units sold.  Compared to 2021, electronics and appliance sales dropped 9.7%.

Showing how much people are pinched, gasoline prices are around 60% higher than this time last year, yet gas station sales only increased by 8.9%.  This means people are buying a lot less fuel at much higher prices.  People have shifted their transportation habits because gas costs so much.

Two more very interesting notes:

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CNBC commissioned a poll by Hart research and associates, a friendly outfit for the left.  Unfortunately, that means CNBC then needed to tell everyone what the results were [Full Poll pdf Here].  That task fell to CNBC’s Steve Liesman; an appropriate name given the task at hand.

The irony doubles when you remember this was the same CNBC pundit who refused to accept the horrible economic data that began surfacing last fall.  There was even a public broadcast where Liesman said the BLS statistics had to be wrong, because the results were so horrible.  A few months later, and here he is explaining how the country now feels about Joe Biden.   WATCH:

(CNBC) – […] The pessimism is clearly dragging on Americans’ opinions of President Joe Biden. In fact, nothing looks to be working in the Biden presidency from the public’s viewpoint.

The president’s approval rating sank to a new low of just 38%, with 53% disapproving. Biden’s -15% net approval rating is measurably worse than his -9% approval in the CNBC December survey. What’s more, his approval rating on the economy dropped for a fourth straight survey to just 35%, with 60% disapproving, putting the president a deep 25 points underwater. (article link)

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Yesterday in Iowa, Joe Biden called the Russian military operation in Ukraine a “genocide,” which has a very specific set of legal definitions to it.

When asked if he had seen enough evidence to support that statement Biden responded:

“Yes, I called it genocide.  It has become clearer and clearer that Putin is just trying to wipe out the idea of even being — being able to be Ukrainian.  And the amount — the evidence is mounting.  It’s different than it was last week.  The — more evidence is coming out of the — literally, the horrible things that the Russians have done in Ukraine.  And we’re going to only learn more and more about the devastation. And we’ll let the lawyers decide internationally whether or not it qualifies, but it sure seems that way to me.”  (link)

Several ground reports from European journalists indicate the U.S. military is running all of the combat operations inside Ukraine. A French reporter said on Euro News, “I thought I was with the international brigades, and instead I was facing the Pentagon.”  Now today, Joe Biden announces he is arbitrarily sending U.S. combat helicopters into the conflict.

[Tweet Link]

(WHITE HOUSE) – I just spoke with President Zelenskyy and shared with him that my Administration is authorizing an additional $800 million in weapons, ammunition, and other security assistance to Ukraine.

The Ukrainian military has used the weapons we are providing to devastating effect. As Russia prepares to intensify its attack in the Donbas region, the United States will continue to provide Ukraine with the capabilities to defend itself.

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Police have identified suspect Frank R James (62) as the man who opened fire on a Brooklyn subway train during the early morning rush Tuesday, injuring at least 29 people. According to authorities, ten people were shot when James set off a smoke grenade and opened fire in a subway car.

New York – A 62-year-old man who made bizarre threatening rants on YouTube has been identified as a person of interest in the savage Brooklyn subway attack that injured at least 29 people Tuesday morning, officials said.

Frank James — who warned last month that he was “entering the danger zone” — rented a U-Haul van tied to the N train attack in Sunset Park and is being sought for questioning, police said at an evening briefing.

“Mr. Mayor, I’m a victim of your mental health program,” James said in one lengthy video.

“I’m 63 now full of hate, full of anger, and full of bitterness.” James said he had a diagnosed mental illness and railed against what he called the “horror show” of the city’s mental health services. “What’s going on in that place is violence,” he said about a facility he claimed to receive care from. (read more)

During an evening press briefing (video below), NYPD Commissioner Keechant Sewell said among the items recovered by cops at the scene were a 9 mm handgun, a hatchet, gasoline and “consumer-grade fireworks.”

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