Media Shakeup, Blue Check Meltdown, RFK Jr Announces
Twitter News Digest for the week of 4/19-4/25
Hey everyone!
This week’s news digest covers this week’s shakeup in media, the meltdown over Twitter blue checks, and RFK Jr’s Presidential announcement. Don’t miss Dogey Treats and Memes of the Week at the end.
Thank you to subscribers for supporting this newsletter. If you haven’t yet, get on our mailing list for free!
Media Shakeup
Mainstream media experienced a shakeup in recent days.
The biggest move was Fox News’ decision to fire Tucker Carlson.
Carlson’s show was the highest-rated news program in America, with over three million viewers a night and more Democratic viewers than most left-leaning news shows.
On Twitter, observers pointed to Carlson’s recents comments about big pharma, the war in Ukraine, 9/11, and mainstream media itself as reasons for his firing.
Others highlighted Fox’s decision to settle a lawsuit with Dominion Voting Systems, and asset manager Blackrock’s ownership stake in both Fox and Dominion.
Tucker’s last big interview was with Elon. After the news of his firing broke, speculation began that Tucker would launch his own show on Twitter.
That’s exactly what The Daily Wire’s Matt Walsh did on Monday.
Walsh, creator of the documentary What Is a Woman?, announced he was moving his video streams from YouTube to Twitter.
He explained his decision in a tweet: “YouTube has threatened to ban us if we don’t affirm gender ideology. They want me to either surrender my principles or become irrelevant. So starting today, every episode of this show will be posted on @Twitter which is now the most powerful free speech platform in the world.”
On the other end of the political spectrum, newscaster Don Lemon was fired by CNN on Monday.
Lemon generated controversy earlier this year when he said women in their 50s were past their prime.
Lemon announced his termination on Twitter minutes after the Tucker news broke.
In a sub-tweet, CNN disputed Lemon’s version of events.
Since buying Twitter, Elon has emphasized his competition is not other social media companies so much as the Mainstream Media itself.
Now, the media landscape is shifting in a big way.
Other big happenings from the last week include the closure of Buzzfeed News (known for publishing the discredited Steele Dossier) and the separation between Fox and pro-Trump commentator Dan Bongino.
Something tells me the changes aren’t over yet. Stay tuned 👀
Blue Check Meltdown
Starship was the big event of 4/20, but it wasn’t the only one.
The same day, Twitter removed legacy verified blue checks previously given to celebrities, mainstream journalists, and other people deemed ‘important’ by pre-Elon Twitter employees.
The original blue check system was created with the positive intention of preventing scammers from impersonating famous people.
In practice, it created a two-tier system of users: an elite caste of blue checks and masses of unverified plebs.
The old blue check was more than just a status symbol. It had practical implications, especially for journalism.
Blue-checked journalists came to signify the official narrative. These accounts were cited by traditional news organizations, while non-verified accounts were largely ignored.
If you didn’t have an in at Twitter who’d verify you, it was nearly impossible to break into the online news game. Some Twitter employees reportedly sold checks for tens of thousands of dollars.
Thursdays check-removal set off a cascade of meltdowns among celebs and journalists at the loss of the status symbol.
In a Sneetches-like inversion, some celebs made a show of refusing to pay $8 for verification.
In a similar vein, a hilariously lame #blocktheblue campaign emerged in which some users vowed to block anyone who’d paid for a check.
While this was happening, Elon publicly gifted blue checks to three celebs who’d previously announced their refusals to pony up: William Shatner, LeBron James, and Stephen King
King distinguished himself for complaining about both losing his checkmark and getting it back.
For a few days, the $8 celebrity meltdowns became a popular meme.
As time passed, more celebrities reported getting their blue checks back, including Chiefs QB Patrick Mahomes, actor Charlie Sheen, economist Robert Reich, and NYT columnist Paul Krugman (Mahomes was singularly gracious about the gift).
All the hubbub about the the checks obscured the larger issue: with AI making it extremely easy to impersonate people on the Internet, any social media platform that doesn’t implement paid verification will soon become obsolete.
For this reason, Instagram and Facebook are rolling out paid verification similar to Twitter, though with considerably less fanfare.
Old guard elites can cope and seethe all they want: Elon has leveled the playing field on Twitter for the first time ever. Bravo!
RFK Jr Announces Presidential Bid
Last Wednesday, Robert F. Kennedy Jr. officially announced his Presidential campaign.
Early in his speech, he set out his mission: “to end the corrupt merger of state and corporate power that is threatening now to impose a new corporate feudalism on our country.”
His speech was notable for being broadcast live on Twitter Spaces. Kennedy is the first Presidential candidate to do so.
Among the field of candidates, RFK Jr. has already distinguished himself as being the most vocal critic of the pharmaceutical and banking industries. He is arguably the most pro-Bitcoin Presidential candidate ever.
His speech further articulated his campaign agenda, including:
fighting the epidemic of child chronic diseases
investigating if the war in Ukraine is in the US national interest
ending corruption in US regulatory agencies
standing up to intelligence agencies and other bureaucracies
closing US military bases in the Middle East
RFK Jr’s message is likely to resonate with Americans who’ve been alienated by party politics.
In his speech, he was called out both parties, criticizing Trump for lockdowns and warning Democrats were at risk of becoming the party of war, fear, and censorship.
So far, RFK Jr has gotten more of a hearing on the right than the left. Last week, he appeared for interviews Tucker, Joel Pollak, and Neil Cavuto, where he singled out Trump for claiming Covid vaccines were a success.
This week, meanwhile, several news outlets reported that the Democratic Party had decided not to hold 2024 primary debates.
After the news, Kennedy addressed Joe Biden directly, inviting him “into a new era of respectful dialog in these times of division.”
An NBC poll released Sunday found that 70% of Americans don’t want Biden to run for a second term, against 26% who said he should. Biden officially announced his re-election bid on Tuesday.
However the Democratic primary shakes out, it will be stronger for having Kennedy in it. His authenticity, conviction, Twitter savvy, and alternative view of Democratic ideals make his campaign worth watching.
Elon’s Memes
Dogey Treats: News Bites
Artificial Intelligence
Elon tweeted that Microsoft “trained [AI] illegally using Twitter data. Lawsuit time.” He told Tucker that Google founder Larry Page didn’t take AI safety seriously and wanted to create a “digital god.”
Apple is reportedly building an AI health coach called “Quartz” for next year.
Another AI-generated Drake song went viral. AI generated songs making the rounds used the voices of Ye, Michael Jackson, Rihanna, and others
Twitter published a report with data on its policy enforcement for the first half of 2022.
Elon highlighted an excellent thread on how to use Twitter.
Tesla/SpaceX
Tesla’s Q1 Earnings revealed the company has $22 billion in cash on hand.
Joe Rogan criticized Bill Gates for shorting Tesla.
SpaceX was giving approval by Space Force to launch rockets from its Vandenberg Base in California.
Global Financial System
Vladimir Putin and Saudi Crown Prince MBS had a “friendly” talk about OPEC+’s plans to cap oil production.
First Republic Bank’s stock cratered yesterday. Fox and other outlets reported the bank would be seized by the government.
Elon tweeted, “given Federal expenditures, matter of when not if we default.” He told Tucker the US government’s financial situation was “dire.” China warned of global financial instability caused by US economic policies. Trump warned of a “big recession very soon.”
In response to a video about de-dollarization, Elon tweeted, “If you weaponize currency enough times, other countries will stop using it.”
Over 70% of trade between Russia and China is being settled in local currencies BRICS de-dollarization campaign gained support from Indonesia. Bloomberg reported that 19 countries have applied to join BRICS.
Zimbabwe will reportedly introduce a gold-backed digital currency.
Crypto
Coinbase sued the SEC over the regulator’s refusal to give clarity about which cryptocurrencies it considers securities. The lawsuit is expected to be quicker than SEC vs Ripple. The meme token $GNSLR, named after the SEC chair, trended on Twitter over the weekend.
The House Financial Services Committee released new legislation to regulate stablecoins.
Russia approved regulation to allow crypto for international settlements and mining. Russia’s finance minister spoke about a new payment system that will use crypto for international payments. A Hong Kong court recognized cryptocurrencies as property.
US Politics
Matt Taibbi called on MSNBC host Medhi Hassan to retract one of his claims about a purported error in the Twitter Files after a Democratic Congresswoman called for Taibbi to be jailed based on the purported error.
Steve Bannon said a Trump-RFK Jr ticket would be unbeatable. Ron Paul said of RFK: they fear him because he tells the truth.
An IRS whistleblower claimed the Biden Administration thwarted an investigation into Hunter Biden.
A former CIA director Mike Morell said the Biden campaign asked him to organize a letter claiming the Hunter Biden laptop was Russian disinformation before the 2020 election. Morell then initiated a letter with the signatures of 51 former intelligence agents attempting to discredit the laptop.
Trump criticized Ron DeSantis on Covid and said the Florida governor wouldn’t be his running mate in 2024
Health/Covid
Confidence in childhood vaccines has fallen 44%, according to a recent report.
A study found a strong link between Acetaminophen use and Autism. Another study suggested a relationship between Autism and autoimmune disease.
Canadian PM Justin Trudeau denied ever having forced people to get the Covid vaccine. Trudeau previously supported vaccine mandates and said people who didn’t want the Covid vaccine were “often racists.”
Pharmaceutical and health companies spend a record $372 million lobbying Congress in 2022 the most of any industry.
Joe Rogan argued many people experience cognitive dissonance about vaccine injuries.
Del Bigtree invited Elon onto The Highwire for an interview.
A thread by journalist Paul Thacker claimed that Fauci was in charge of government Twitter accounts, contrary to his sworn testimony.
Misc
Grimes offered to split revenue with anyone who uses AI to make songs with her voice. She proposed using blockchain-based smart contracts for managing the payout.
Elon continued to warn about irreversible gender transition surgery for minors, noting the increased risk of suicide for people who underwent sex reassignment surgery.
Glenn Greenwald warned that more Americans were being arrested for meme crimes.
Declassified documents indicated that two 9/11 hijackers were CIA recruits.
TikTok has reportedly begun censoring videos that deny climate change.
Elon highlighted a thread about the history of US party politics and race.
Memes of the Week
Thank You!
Thanks for reading! Consider sending a tip or Subscribing on Twitter to help keep the newsletter going!
DJ2zTEdHBD3guHLfVaNBaypr6bHFG5Nwfw
It's ALL Risky!
Thank you, kind reader, for reading and subscribing to this newsletter. I really appreciate it!
If you haven’t already, please sign up to this email newsletter for more weekly articles like this one. Also, please share it with a friend or on twitter if you enjoyed this article.
What do you think? What was the biggest story of the week? Let me know!
Remember, Dogecoin is risky. But then again, it’s all risky!
Follow on twitter at @itsALLrisky
Send an email to itsALLrisky@gmail.com
Send a Doge tip: DJ2zTEdHBD3guHLfVaNBaypr6bHFG5Nwfw
This article was written in collaboration with @CryptoDogDivine, give them a follow!
Don't forget to subscribe to this newsletter!
Disclaimer: This is not financial advice and I am not a financial advisor. The article above references an opinion for entertainment purposes only and it is not investment advice. Always assume that the author of the article is actively trading and that the opinions expressed may be biased towards the author’s holdings. Do your own research and consult with a licensed financial adviser before making any investment decision. Do not treat any opinion expressed in this newsletter as a specific inducement to make a particular investment. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or cryptocurrency or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, cryptocurrency, or financial product does not guarantee future results or returns. Dogecoin is a speculative and highly volatile asset susceptible to pump-and-dump schemes.
At the time of publication, Dogecoin is around $0.08 per coin.