SEC pushing defacto gag orders is an assault of the 1st Amendment

[101101]

The SEC appears to be violating Musk's critical 1st amendments rights and in doing so harming the rest of the citizenry and society through precedent with damage to free speech and at time when faith in our critical institutions is critically low.

Tesla's mission statement makes clear its purpose is accelerate the transition to sustainable energy and no company that retains a charter should have as its goal simply to enrich rent seekers. Further, Musk has said over and over again get out of the company if you can't handle volatility. So the point of the company is not to enrich fossil fuel interests that also hold the stock or fossil fuel vested shorters of the company, it exists to advance transition away from fossil fuels. Outside of indexes those involved in the stock have a responsibility to know the risks because even as midsized or large sized company its in a fight to save the planet against a truly unethical foe. And even if one rejected Tesla's mission it represents competition how could the SEC achieve its charter while working to undermine competition?
Everything Musk says has the potential to materially impact the company and Musk is the one that has to advocate which he does effectively often via Twitter because Tesla doesn't waste money on sponsored media (sponsorship is bribery in practice- its true purpose is censorship and lies not product sales)- Tesla does't waste money on the kind of media that through sponsors filters/censors our candidates and erodes our laws and turns everyone into property with bribery (sponsorship) based law written by sponsored politicians a sponsored media which then takes the money we give candidates to further fund the censor filter. Moreover Musk has to face an active entrenched fossil fuel campaign that constantly tells lies about the Tesla in order to deny Tesla access to the capital it needs to survive and accomplish its mission. But the SEC's attitude appears to be that Musk can't say anything timely to protect the company he just has to sit there and take it. And again why? Because he doesn't pay the bribery based speech enclosure toll road? Of course that is unacceptable. Further everything the SEC has been doing appears calculated to negatively impact the stock at critical junctures. It appears the SEC gambled that Musk wouldn't have enough undivided attention to fight back against SEC imposed injustice because at these critical junctures he was preoccupied with his part in helping to keep Tesla afloat and so was everyone else at Tesla and now they come with this same stuff at another critical juncture on a debt payment that the capital markets could help alleviate but they seem to be acting to benefit shorts and acting against actual Tesla shareholders. The SEC is supposed to prevent corruption not enable it or engage in it.

As long as Musk is making statements in good faith, that are well intentioned and reasonable and understood by him to be accurate how can there a real issue? I have a conjecture below on this obscene hypocritical situation. Musk has to be able to communicate with the public and investors about the nature of the company to access the capital markets and help Tesla products succeed. It is a horrible interference with a critical company/organization by a government agency. We don't need to be crazy about securing fossil fuels as in going after Venezuela we need to be crazy about weaning off of all fossil fuels as fast as possible- so if we need a cult, fossil fuels are the cult. Remember when you take people's voices they lose their rights for lack of exercise and the people themselves become chattel. We need transparency on these SEC actions just like the Muller report, it is the same sort of undue influence or conflict of interest issue.

What happened with the take private deal? How it turned out and the SEC's subsequent pattern never made any sense. The most plausible story may be that the admin blocked the deal and then classified it essentially gagging everyone and leaving Tesla and Musk holding the bag as part of a cover up of the motive. An obvious plausible primary motive would be that the deal would signal like nothing else the end of the fossil fuel era because the SA Sovereign Wealth Fund was one of the alleged partners. Wonder if Ellison was another intended partner? Other motives could have been revenge for Musk's withdrawal from the Trump manufacturing council but many others withdrew too. Another could have been fear news of the deal would collapse the natural gas fossil fuel derivatives bubble again leading to another 08 style collapse only possibly worse? Regardless it doesn't seem remotely like the proper way to treat people and the gag seems to be continuing because it is as if they don't want people to learn about Tesla or gain perspective from Musk it appears to be blatant censorship.

The G.W. Bush admin was an absolute disaster for the country. It was a super intense white collar crime wave that really damaged the government. It lead to the statement which is very true that the GOP is a culture of corruption. It started with Bush v. Gore, then WorldCom and Enron and Davis recall and 911 and the patriot act and Iraq and Afghanistan and then finally the predictable financial collapse. The Bush Admin was all about punishing whistle blowers and apparently literally issued 50,000 gag orders in the wake of 911 and apparently Cheney destroyed massive amounts of government archival data. There was so much corruption and damage from the Bush admin that even 8 years of a new admin didn't result in fixing the conditions that lead to the collapse or produce any prosecutions out of it and there wasn't enough positive change to prevent the damage that's been happening since the successor admin ended. With the SN&L crisis of the late 80s one agency referred 30,000 criminal cases related to it with a very high conviction rate. By the Enron crisis under Bush there were only 150 criminal prosecutions and by the time Financial Crisis came about even with all agencies working there were only 8 criminal referrals and no prosecutions- that's the Bush legacy. Where was the SEC in holding the CEOs of the financial crisis accountable? Has it let the statute of limitations run out? And again also concerned this is retaliation for the the Congress blocking the Wall but you don't get to retaliate with a direct attack on the Constitution's separation of powers or attack on the 1st amendment.

 

[Thomas Mitchell]

The SEC appears to be violating Musk's critical 1st amendments rights and in doing so harming the rest of the citizenry and society through precedent with damage to free speech and at time when faith in our critical institutions is critically low.

Tesla's mission statement makes clear its purpose is accelerate the transition to sustainable energy and no company that retains a charter should have as its goal simply to enrich rent seekers. Further, Musk has said over and over again get out of the company if you can't handle volatility. So the point of the company is not to enrich fossil fuel interests that also hold the stock or fossil fuel vested shorters of the company, it exists to advance transition away from fossil fuels. Outside of indexes those involved in the stock have a responsibility to know the risks because even as midsized or large sized company its in a fight to save the planet against a truly unethical foe. And even if one rejected Tesla's mission it represents competition how could the SEC achieve its charter while working to undermine competition?
Everything Musk says has the potential to materially impact the company and Musk is the one that has to advocate which he does effectively often via Twitter because Tesla doesn't waste money on sponsored media (sponsorship is bribery in practice- its true purpose is censorship and lies not product sales)- Tesla does't waste money on the kind of media that through sponsors filters/censors our candidates and erodes our laws and turns everyone into property with bribery (sponsorship) based law written by sponsored politicians a sponsored media which then takes the money we give candidates to further fund the censor filter. Moreover Musk has to face an active entrenched fossil fuel campaign that constantly tells lies about the Tesla in order to deny Tesla access to the capital it needs to survive and accomplish its mission. But the SEC's attitude appears to be that Musk can't say anything timely to protect the company he just has to sit there and take it. And again why? Because he doesn't pay the bribery based speech enclosure toll road? Of course that is unacceptable. Further everything the SEC has been doing appears calculated to negatively impact the stock at critical junctures. It appears the SEC gambled that Musk wouldn't have enough undivided attention to fight back against SEC imposed injustice because at these critical junctures he was preoccupied with his part in helping to keep Tesla afloat and so was everyone else at Tesla and now they come with this same stuff at another critical juncture on a debt payment that the capital markets could help alleviate but they seem to be acting to benefit shorts and acting against actual Tesla shareholders. The SEC is supposed to prevent corruption not enable it or engage in it.

As long as Musk is making statements in good faith, that are well intentioned and reasonable and understood by him to be accurate how can there a real issue? I have a conjecture below on this obscene hypocritical situation. Musk has to be able to communicate with the public and investors about the nature of the company to access the capital markets and help Tesla products succeed. It is a horrible interference with a critical company/organization by a government agency. We don't need to be crazy about securing fossil fuels as in going after Venezuela we need to be crazy about weaning off of all fossil fuels as fast as possible- so if we need a cult, fossil fuels are the cult. Remember when you take people's voices they lose their rights for lack of exercise and the people themselves become chattel. We need transparency on these SEC actions just like the Muller report, it is the same sort of undue influence or conflict of interest issue.

What happened with the take private deal? How it turned out and the SEC's subsequent pattern never made any sense. The most plausible story may be that the admin blocked the deal and then classified it essentially gagging everyone and leaving Tesla and Musk holding the bag as part of a cover up of the motive. An obvious plausible primary motive would be that the deal would signal like nothing else the end of the fossil fuel era because the SA Sovereign Wealth Fund was one of the alleged partners. Wonder if Ellison was another intended partner? Other motives could have been revenge for Musk's withdrawal from the Trump manufacturing council but many others withdrew too. Another could have been fear news of the deal would collapse the natural gas fossil fuel derivatives bubble again leading to another 08 style collapse only possibly worse? Regardless it doesn't seem remotely like the proper way to treat people and the gag seems to be continuing because it is as if they don't want people to learn about Tesla or gain perspective from Musk it appears to be blatant censorship.

The G.W. Bush admin was an absolute disaster for the country. It was a super intense white collar crime wave that really damaged the government. It lead to the statement which is very true that the GOP is a culture of corruption. It started with Bush v. Gore, then WorldCom and Enron and Davis recall and 911 and the patriot act and Iraq and Afghanistan and then finally the predictable financial collapse. The Bush Admin was all about punishing whistle blowers and apparently literally issued 50,000 gag orders in the wake of 911 and apparently Cheney destroyed massive amounts of government archival data. There was so much corruption and damage from the Bush admin that even 8 years of a new admin didn't result in fixing the conditions that lead to the collapse or produce any prosecutions out of it and there wasn't enough positive change to prevent the damage that's been happening since the successor admin ended. With the SN&L crisis of the late 80s one agency referred 30,000 criminal cases related to it with a very high conviction rate. By the Enron crisis under Bush there were only 150 criminal prosecutions and by the time Financial Crisis came about even with all agencies working there were only 8 criminal referrals and no prosecutions- that's the Bush legacy. Where was the SEC in holding the CEOs of the financial crisis accountable? Has it let the statute of limitations run out? And again also concerned this is retaliation for the the Congress blocking the Wall but you don't get to retaliate with a direct attack on the Constitution's separation of powers or attack on the 1st amendment.

Musk screwed himself with his “funding secured” tweet a while back and it’s perfectly reasonable for the SEC to gag him to prevent further manipulative commentary. That said, I agree the SEC was worse than worthless during and after the crisis of 2008-.


Sent from my iPhone using Tapatalk

 

[101101]

Musk although apparently not directly on Twitter and presumably not without consensus said he expected overall staffing of Tesla to rise considerably by the end of the year.

Lets see if the idiot SEC says this Musk comment violates its anti social media all purpose gag order. Seems one has to be a sponsored paid liar to be safe when telling the truth- have to be part of the sponsored bribe based current consolidated contra-free media. Let see if the gag holds even if the question that Inside Evs asked and Musk answered wasn't asked in that social media venue. There is so much ridiculousness here. Take the Hillary emails, the public has every right to know everything about what political parties do, and have total transparency about what they have done as well- parties have no pretense to secrecy- we don't even need parties. Seems so hate inspiring because people like Musk aren't allowed to tell the truth but these entities are entitled to secrecy and hiding their lies.

Musk talked about head count- that is material. We know the kind of people the SEC is run by based on recent behavior but it seems like the last time the SEC did its job beyond the loss leader stuff (Holmes and Shkrelli) was prior to when its its office in Building 7 went down with building 7 itself https://www.wanttoknow.info/010917natllawjournal.WTC7SECfiles

Apparently according to William Black the S&L crisis produced 30,000 criminal referrals with a high conviction rate, Enron 150 prosecutions and the 07 financial collapse produced only 8 referrals and no prosecutions. How accountable did the SEC try to hold those bankers? Of course there are other jurisdictions beyond the SEC but what about the SEC? The end of fossil fuel rent seeking and man made climate change have more gravity than the 07 collapse but it appears the SEC just wants to get in the way of doing something about these even deeper crises the way it did nothing apparently about the prior crisis which I think we will learn was also naturally driven by fossil fuels and the sub threshold aggregate thermodynamic efficiency of fossil fuels and their resultant ultra-low economic efficiency- no way the US can stay a viable economy if it tries to compete against green or even substantially green economies on a fossil fuel energy basis the difference in cost of goods is immense, plus the fraud involved is hollowing out the entire US society- fossil fuels were always a ultra-lean economic proposition but they they were never sustainable even without the regular externalities they are a downward spiral like thinking one can survive on drinking nothing but Vodka.

In the 90s despite the US adding 30 million people and having flat CAFE for the decade, US petrol retail stations declined by 16%. Result: a series of fossil fuel bailout wars and at the end of the fossil fuel centered W. admin the economy collapsed over fossil fuels inefficiencies again not over home loans to the poor.
Fossil fuels cannot be fixed. Just before Trump you had a Goldman exec uttering in the media big oil was never that big they had to borrow from us just to pay their dividends- and that is the truth they are constantly in the governments pocket too because as a business they just don't work they were always a welfare case of the first order- energy in to energy out is too lean and to vertically extractive and expensive on a societies total output. Then we had Tillerson trying to tie social security to the continued existence of fossil fuels. You can see the desperation. It is impossible to continue to waste money on fossil fuels, it has been outright destroying the US economy since 1950, what we've done has been despite fossil fuels not because of it- its a cancer trying to go metastatic.

Right now apparently oil super tankers of which there are about 750 in the world are making trips across the oceans full of sea water one way instead of loading up with oil on both sides as was customary. That implies a big drop in oil usage. Possibly to cover this there is noise about having to go into Venezuela as if there were actual demand for fossil fuels. There isn't! The petrol scam story is that this is due to shale pushing out oil. That seems highly improbable. In Jeremy Rifkin's Zero Marginal Cost Society, a book from a couple years ago he noted (even a couple of years ago) that state of the art shale gas or natural gas facilities unnecessarily put into even snowy climate Germany were having to be shuttered or could only run for less than a day a month if even that because they were simply not economically competitive and if memory serves I think Aeon or another big German firm dumped its natural gas or fossil fuels haul all together it couldn't stay in business with it- it went pure green. And right before Trump came in there were reports of Mid West US banks failing over natural gas fossil fuel derivatives and reports that Deutch Bank was facing failure over the same and triggering the spector of Cypress style bail-ins in the US- that is what the damn bailout did despite the fossil fuel imposed austerity- it created even more liability for the only people who actually contribute in the US. And then we have to look at Trump policies of tarrifs- is this because the US can't compete against greener economies with much lower costs of goods with its backwards fossil fuel economy that it keeps using massive subsidies (including these tariffs) to try to string along? Battery backed solar is already better than perfected hot fusion.

What is the SEC doing about PG&E. Amy Klobuchar (a fossil fuel shill if their ever was one) recently noted that fossil fuel losses are being passed along in massive home insurance increases- doubling for instance over the last couple years.

So think about PG&E. It is a for profit entity that covers 45% of CA rate payers. It was surely involved in Enron which left a 45 billion dollar hole in the CA budget. It was involved in Aliso Viejo where in return for gassing LA residents out of their homes for 6 months it was allowed to raise rates but retain its useless something for nothing profit in the face of no competition. And now it is claiming is has 38 billion dollars in losses from fires which it caused and is linked directly to its fossil fuel use. But it is much worse than this because it will be allowed to raise rates (without divesting all of its fossil fuel junk) which will raise electricity rates on all state rate payers and and make gasoline seem more competitive against electrics when it isn't- probably the point. But we have to question if it has 38 billion in losses is from anything except actual fossil fuel natural gas losses and is this another subsidy to that hostage taking industry. Think of how bad this is. No way it should have been doing anything but self-insuring but now its allowed to socialize natural gas losses beyond the externalities it causes by passing off its losses to home insurance rate payers (unless we believe it cause 38 billion in damages) and while it raises electricity rates on captured rate payers but retain its profit and in turn raises rates for the rest of the state. And presumably the same backwards insurers that insure PG&E are allowed to invest in PG&E- a conflict that would amplify the losses to the insured rate payers. So they take money from the home owners and give it to the entity that is putting their homes directly at risk leading to rate hikes by buying stock from that entity and then take the payments PG&E gives them and reinvest it back into PG&E. So where is the SEC on this?

Where is the SEC on AT&T and Time Warner? Doing nothing but losing?
How about nationalizing AT&T divesting the parasite investors and having the service provided at cost. After all if there isn't going to be any competition there should never be any rent seeking.

 

[101101]

Something else about FUD seems likely. Lets say in the case of the Joshua Hill case that it was a fed scam on behalf of fossil fuels. Tesla would receive an idiotic (should absolutely be illegal) national security letter telling them they could not discuss the letter or refute in any way the official story. And let say someone couldn't stand that and consequences be damned tried to go to sponsored shill media. Well you can be sure the shill media has been warned if acts in any way contrary to being a shill it can actually lose its charter and of course any mention of one of these letters is somehow idiotically a criminal offense (exposing crime is a criminal offense!- that's why these letters are pure idiocy with not realistic use case except crime) so you can see although the public somehow learned about 50,000 gag orders in the wake of 911 the captured media has never discussed even one of them! That's not an accident. I have a feeling the same kind of thing is going on here and even with the Hill case. This takes not special insight I think its obvious. So where is the democracy? And this is what gives people Chanos such arrogant comfort and confidence.

But I have no faith in the future of these people because I don't think they understand what is coming and even if they did its too late. Trump complained that his Trump Tower was wired by Obama. They all seem to respect Wikileaks but they don't see that their whole edifice is being turned transparent they don't know they live in totally glass houses already where everything they've ever said and done can and will be used against them in real time in a way not national security letter can prevent. What is coming is beyond the court of public opinion.

If you get the variant of the so called AI control problem that is slightly workable (remember the irony of the control problem is that control is projective so that if you attempt to control you enslave yourself) even if they get that slightly temporarily workable variant of AI it will still be exponential (you can't contain it) and it will produce truth matching!!! And it will be persuasive! A higher variant could teach a cat English. Working AI even in a search context will assign probabilities to things and those alone will be drop dead persuasive against fictional elite narrative world view construction and obfuscation. Its just like a telescope or a microscope but its a data lens and its tapped into something fundamental that is always going on in the background in the universe and there is so much power behind it, but just like fire lit up the night when first harnessed this will light up human lying and pf course their idiot power has been misguidedly based on telling lies. Technology is stripping that power from them right now, and they can't suppress it, they are being deposed right now. And the idea that something like fossil fuel energy survives is utterly inconceivable- they won't even be able to socialize their losses- especially because none of it was theirs to begin with. Its coming for them. A lot of them think they won't live long enough for it to catch up with them. They are wrong.

Paul Hellyer the Canadian defense minster was saying to save the planet their would have to be amnesty for fossil fuel criminals. I guess the planet might not be saved then.

 

[TeslaInvestors]

I see that someone has pretty much taken over the entire General section of this forum. Don't see what is so general about criminal acts by some CEO.

Do you understand the difference between "free speech" and "reckless speech"?
If not, then listen to the former SEC chairman.