Before the midterm November elections, Sam Bankman-Fried was a left-wing billionaire heartthrob. …
Crook: Now an embarrassing albatross
SBF may have been a sloppy, immature fool, but he was no dummy.
He had learned early on that loud leftist talk, big promises of philanthropy, and huge cash infusions to the media and leftist candidates — all under the veneer of “effective altruism” — ensured de facto immunity for his Ponzi schemes from both bad press and government investigation.
Then, suddenly, the midterms were over. Powerful financial interests were screaming their millions had vanished at the hands of SBF.
The Republicans took the House. They promised embarrassing hearings, with Bankman-Fried the loose-talking star villain. And so—presto!—he was finally indicted by the Biden Department of Justice.
Bankman-Fried, in desperation one last time, had turned to his old props of raggedy dress, nerd talk, and contrived naivete.
His schtick no longer worked. Too many leftists were embarrassed that they got too much money from him. Too many exposed “regulators” had known what this wannabe Madoff character was up to before the midterms.
The now albatross Bankman-Fried was loud and everywhere, then suddenly not—and won’t be again.
In contrast, consider how the Left now despises Elon Musk as much as it once worshiped Sam Bankman-Fried.
Hero: but the left hate free speech, so dump those Teslas
Musk once mixed vaguely liberal politics with a David-versus-Goliath self-confidence, as he took on Big Auto and Big Space — and won.
But then he turned to Twitter and Big Tech. Or, rather, Musk realized Silicon Valley was no longer the irreverent embryo of boy geniuses he remembers from his youth, which outsmarted and preempted the global technology establishment. Instead, it had become a dreary, constipated place of hard-core, uncompromising leftists in need of a shake-up. …
Musk’s mortal sin was not just buying the money-losing Twitter and reinventing it as a free-speech platform. …
First, was the sin of betrayal. A month ago, all those Teslas on the streets of Palo Alto, Austin, and Cambridge were virtue-signaling proof of green moral superiority. Then suddenly, these still wonderful cars are seen as fuel for the prince of darkness. …
Second, Musk doesn’t much care that the Left hates him. No doubt he regrets the billions he paid for the overpriced, money-losing company. No doubt he frets that Tesla may lose sales once yuppies and greens trade in their Tesla amulets as if they were now some godforsaken gas-guzzling SUVs. But otherwise, Musk has the resources, the youth, genius, and the energy to do to social media what he did to the space and automobile industries: revolutionize it, open it up to keener competition, and to reject stifling orthodoxy. …
Parasites who manipulate people: what do you expect?
How sad that the Left despises a man who built real things against the odds and took risks to champion free speech. And how predictable it worshiped a leftist fraud who bilked a million investors and ruined the lives of thousands.
Imagine being right-on and having to do a 180, selling your Tesla to stay looking cool with your lefty friends. They really hate Musk.