Judd Legum

Judd Legum @JuddLegum

@CommunityNotes @WSJ 3. So then a Twitter user tweets one of the documents cited in the article, noting that the plans for the town are pretty uninspired. THIS CAN NOT STAND! @CommunityNotes to the rescue! https://t.co/UFAhzPhwH2 — PolitiTweet.org

Judd Legum @JuddLegum

@CommunityNotes 2. The @WSJ published a detailed article with multiple sources and documentary evidence that Musk and some associates were discussing building a town in Texas. You can read the story here. Musk declined to comment on the story. https://t.co/A2R4QXYIrR — PolitiTweet.org

Judd Legum @JuddLegum

1. A quick thread on how @CommunityNotes is weaponized to protect Elon Musk. — PolitiTweet.org

Judd Legum @JuddLegum

@Sherveen I’m not saying it necessarily makes it wrong but I think it’s relevant information that should be disclosed — PolitiTweet.org

Judd Legum @JuddLegum

@CommunityNotes 6. Musk is, not surprisingly, very pleased with @CommunityNotes these days https://t.co/L2aIAyMnU1 — PolitiTweet.org

Judd Legum @JuddLegum

I'm willing to consider various arguments but many of the people commenting have a personal financial stake in the outcome and should disclose it — PolitiTweet.org

Judd Legum @JuddLegum

All the VCs advocating that all deposits at Silicon Valley Bank are retroactively guaranteed by the federal government (usually out of concern for "small business") should disclose how many companies they've invested in that had deposits at Silicon Valley Bank — PolitiTweet.org

Judd Legum @JuddLegum

"Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, just hours before the bank was seized by the U.S. government" https://t.co/scfFP2bo4D — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler SVB operates much differently than other banks. 96% of its deposits were uninsured. A typical bank is more like 50%, making a bank run far less likely. And a typical bank has a mix of customers across industries. How many companies that banked at SVB has Initialized invested in? — PolitiTweet.org

Judd Legum @JuddLegum

@CommunityNotes 5. UPDATE: Musk's objectively false tweet (Chansley was not sentenced to prison for a police-escorted tour) now is over 80K retweets, still no @CommunityNotes shown on Twitter — PolitiTweet.org

Judd Legum @JuddLegum

RT @paulkrugman: OK, some very early morning thoughts on SVB, and why it probably isn't a harbinger for the banking system as a whole — why… — PolitiTweet.org

Judd Legum @JuddLegum

RT @mcpli: A good read on what happened at Silicon Valley Bank https://t.co/dWxFKVobN6 — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler “20 affordable housing projects in San Francisco could be impacted, but she suggested a wholesale catastrophe is less likely than minor delays in funding and project timelines.” — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler You seem to be avoiding answering my question. And the reason why SVB collapsed so quickly is that it did not have a typical mix of customers. It was concentrated in one industry, and those customers acted in concert to pull their cash — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler The reason why SVB wasn’t regulated more stringently is they successfully lobbied the Trump administration to raise the regulatory threshold from 50B to 250B — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler The depositors are VC-backed companies. Is it fair for the federal government to bail them out while kids are in poverty because of government inaction? — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler OK, then do you think it’s fair for the federal government to have abandoned those children and then bailout VC-backed tech startups? — PolitiTweet.org

Judd Legum @JuddLegum

@ChrisLiter @kimmaicutler That’s one way to look at it. The other is that I don’t think government policy should be guided by my own personal financial interests. — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler When Congress let the expanded child tax credit expire in January 2022 and tens of millions of children were thrust back into poverty, were you tweeting about the systemic costs of government inaction? — PolitiTweet.org

Judd Legum @JuddLegum

@CommunityNotes 4. Here is the discussion of Musk's tweet on @CommunityNotes, where Musk fans swarm the ratings https://t.co/OjgKKZc95J — PolitiTweet.org

Judd Legum @JuddLegum

@CommunityNotes 3. Also, while Musk suggested in his tweet that Chappell's attacker avoided time behind bars, that man was sentenced to 270 days in jail But no @CommunityNotes https://t.co/cETKWjru9y — PolitiTweet.org

Judd Legum @JuddLegum

@CommunityNotes 2. There are also no @CommunityNotes on the tweet Musk is commenting on, which has 71,000 RETWEETS and falsely states that the Qanon Shaman was "led through the Capitol by police the entire time that he was in the building" — PolitiTweet.org

Judd Legum @JuddLegum

1. Fascinating that this Elon Musk tweet, falsely claiming the Qanon Shaman was sentenced for a "police-escorted tour," has 61,000 RETWEETS and no @CommunityNotes https://t.co/jZElvDLPI5 — PolitiTweet.org

Judd Legum @JuddLegum

@kimmaicutler Substack is not my employer — PolitiTweet.org

Judd Legum @JuddLegum

@pjux SVB doesn’t appear to be a scam so depositors will ultimately get most, if not all, of their money back. — PolitiTweet.org

Judd Legum @JuddLegum

I do think there are reasonable questions to be raised about Sachs views on previous special-interest bailouts versus Silicon Valley bank. https://t.co/J6hLHoybR1 — PolitiTweet.org

Judd Legum @JuddLegum

My previous tweet about @DavidSacks took his October 2022 tweet out of context. It was about Ukraine not the US economy. I regret the error. — PolitiTweet.org

Judd Legum @JuddLegum

RT @business: NEW: Silicon Valley Bank CEO Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before t… — PolitiTweet.org

Judd Legum @JuddLegum

@pjux Why don’t the venture capitalists bail out the companies they’ve invested in? They have billions in assets. — PolitiTweet.org

Judd Legum @JuddLegum

Venture capitalist @DavidSacks, a man with deeply held principles about the role of government in the US economy https://t.co/xvQEveLQ0S — PolitiTweet.org