The Tesla CEO and the legendary investor imagine that the progressive metropolis, which has seen a company exodus because the pandemic, is a sufferer of its progressive values.
They are each among the many most influential personalities on Twitter.
One is the proprietor of the platform for which he paid $44 billion to take it below his management. This is Elon Musk, the billionaire serial entrepreneur CEO of Tesla (TSLA) – Get Free Report.
The second is Michael Burry, recognized for betting on the subprime mortgage meltdown that sparked the Great Financial Crisis of 2008. His tweets are scrutinized by hundreds of thousands of retail traders looking for funding recommendation and strategic route.
Musk and Burry are additionally among the many distinguished personalities who denounce progressive concepts. These concepts threaten the world and the values which, they imagine, have contributed and contribute to the soundness and affect of the West and of America particularly.
The new enemy is the “woke mind virus”, a catch all expression encompassing equality, extra variety, gender id, ESG (setting, social and company governance) and others. These values destabilize society appear to say Musk and Burry in quite a few tweets in current months.
The ‘Woke Mind Virus’
Musk has made his mission to defeat this enemy in any respect prices. Burry sees the “woke mind virus” as the brand new insider risk.
“My son is being taught in college that men in sport are only stronger/faster/hit harder/kick harder etc because of cultural reasons. That nature, biology and male hormones have nothing to do with it. This has got to stop somewhere,” Burry, who is the founder of hedge fund Scion Asset Management, lambasted on Twitter on Apr. 1.
For Burry and Musk, San Francisco, which faces multiple ills, symbolizes the dangers of wokeism. It is no coincidence that both chose San Francisco to attack the progressives — Musk lived in Silicon Valley before moving to Texas at the end of 2021 and Twitter is based in San Francisco. Burry lives in California — the Californian city is considered a bastion of progressives.
It all started with tweets from journalist Ashlee Vance denouncing the degradation of the city and calling on the guilt of politicians who do nothing to turn things around.
“Had a 20-minute stroll down Market Street with a good friend who remarked, ‘I’ve by no means seen something like this,’ as his head was on a swivel the whole time. I like SF. What town has change into is unconscionable,” Vance wrote on Apr. 1.
He continued: ‘Several pockets of 20 to 30 people all off their heads. A number of them with pants barely on. Zombies. The walking dead. Cops observing the proceedings from 100 feet away.”
“This isn’t tolerance. It’s giving up. The city’s leaders should not be able to sleep with their shame.”
‘Evil in Guise of Good’
Musk was among the many first to remark. Twitter relies within the neighborhood described by Vance.
“You could literally film a Walking Dead episode unedited in downtown SF,“ the billionaire said, referring to the hit post-apocalyptic horror TV drama. “This is the place San Francisco politics leads and Twitter was exporting this self-destructive thoughts virus to the world.”
He then went after other tech companies, accusing them of spreading the progressive agenda across the world.
“With some exceptions, different tech corporations are nonetheless doing so. Evil in guise of excellent,” Musk blasted out.
Burry shares this opinion and immediately made it known by commenting on Musk’s statements. The investor shared his last experience in San Francisco, by recounting a scene which suggests that law and order do not reign in the city.
“This was my expertise in San Francisco not too long ago. As quickly as I parked, I noticed thieves casing the automotive behind me, and moved on,” Burry narrated. “The thieves had been basically the one folks on the road for blocks. But Elon, Twitter remains to be banning conservatives for objecting to the thoughts virus.”
In February, Mayor of San Francisco London Breed promised more resources for the police, tougher laws, cracking down on drugs and offering tax breaks to businesses to revitalize downtown SF. She also wants to build affordable housing for essential workers.
The city is facing several challenges and issues like a fentanyl crisis, homelessness and a corporate exodus which manifests itself in high commercial space vacancy rates. Since the pandemic, many tech workers still haven’t returned to the office. Tech companies are drastically reducing their costs, which also means closing office space.
The city has nearly 8,000 homeless people out of a population of around 835,000, which works out to approximately 1%. This situation causes residents and businesses to complain about tent camps set up in the streets, dirtiness and vandalism.
Public exasperation led to the recall of three progressive members of the San Francisco Board of Education last year. The district attorney was also ousted.
Source: www.thestreet.com