4 Steps to Survive the Coming Market Crash

There are massive cracks forming right below the surface of our "shining city." These cracks are a symptom of a much bigger problem that threatens the very foundation of our country. Things are starting to unravel at a fast pace, as America sees worst economic hell our country has ever been in.

Elon Musk has often inflamed politically tense moments, raising worries for the US election

ALI SWENSON
September 17, 2024

NEW YORK (AP) -- Hours after an apparent attempt on Donald Trump's life over the weekend, Elon Musk took to his social platform X to post a thinking emoji and a comment that "no one is even trying to assassinate" the Democratic president and vice president.

In the midst of anti-Muslim riots in the U.K. -- which were ginned up by a false rumor -- Musk declared that "civil war is inevitable" in the country.

And when an anonymous X user distorted data to claim a surge in sketchy voter registrations in three U.S. states, Musk amplified the false post and called it "extremely concerning."

All three posts sparked quick backlash from public officials who called Musk's words irresponsible and misleading. As his words amass millions of views and thousands of shares, they also illustrate the ability of one of the world's most influential people to spread fear, hate and misinformation during fraught political moments around the world. That's especially true because he owns the social platform that used to be Twitter, giving Musk the authority to shape how its content reaches users.

Musk's inaccurate posts to his 200 million followers along with his site's lack of guardrails are raising concerns about how he could manipulate public trust as Election Day in the U.S. draws nearer. He recently endorsed Trump's presidential bid and has become more personally invested in politics -- even agreeing to lead a government efficiency commission if Trump wins reelection.

Trump gave a shoutout to Musk during an event on X Monday evening, basking in the tech billionaire's endorsement and referring to him as his "friend." Musk did not reply to an emailed request for comment.

At the very least, experts and election officials worry that Musk could influence people to question the legitimacy of the vote. But they also are concerned his words could motivate threats and violence against election workers or candidates.

"X and Musk are raising the temperature of politics dangerously and irresponsibly at a critical moment," said Heidi Beirich, co-founder of the Global Project Against Hate and Extremism. "It's shameful."

The 53-year-old billionaire who bought and transformed Twitter in 2022 has modeled his social media site as a marketplace of ideas where people can speak freely without censorship, a move that has been cheered by many conservatives. He often has touted X as a superior news source to the mainstream media, one where users can post without fear and discern the "truth."

Yet the changes Musk has made to the company over two years also have allowed false information to spread largely unchecked.

He has dismantled the company's Trust and Safety advisory group and stopped enforcing content moderation and hate speech rules that the site followed before his takeover. He has restored the accounts of conspiracy theorists, incentivized engagement on the platform with payouts and content partnerships, and instituted a Community Notes feature that at times results in misleading comments being placed on posts.

Baseless claims from both sides of the political spectrum rack up thousands of shares on Musk's X. After a gunman shot Trump in the ear in an attempted assassination in Pennsylvania, far-left users shared false conspiracy theories that the former president had set it up. And after the debate between Trump and Vice President Kamala Harris, far-right users spread a bogus claim that Harris was wearing an earpiece.

Rick Hasen, a law professor at the University of California, Los Angeles, said Musk has degraded the site so that it's just a shadow of what it was in 2020, when it was regarded as a fairly reliable clearinghouse for information.

"Twitter, or X, has a very different public reputation now. There's a reason millions of people left the platform and advertisers left," Hasen said. "He's spreading terrible messages. ... The question is will the marketplace of ideas work well enough" that people will recognize those messages as untrustworthy, Hasen added.

Musk and many Republicans disagree with that sentiment. They say the site under its previous ownership unfairly censored accurate information about COVID-19's origins and President Joe Biden's son Hunter Biden when the facts were not immediately available.

Musk uses his platform to post about his companies Tesla and SpaceX, to share his personal views that more people need to be having children, and to make jokes in response to memes and other content that he finds entertaining. He also has increasingly used the site to amplify unfounded claims from politicians, including that Democrats are "importing" migrants into the country to vote and that Haitian migrants in Ohio are killing and eating pets.

Jocelyn Benson, Michigan's Democratic secretary of state, said in an interview earlier this month that Musk's election postings have created a "maelstrom of disinformation" that makes it harder for those who run elections to empower voters with the facts.

"I know the vast majority of election administrators just try to keep their heads down and do the work," she said. "The challenge is, how do we get information about our work out to citizens, many of whom follow Musk or are members of X, or on the platform?"

Some election officials have tried engaging with Musk directly to educate him and his followers. In July, the Republican recorder responsible for elections in Maricopa County, Arizona, which includes Phoenix, invited Musk through an X post to an all-access tour of the county's election facility.

Minnesota Secretary of State Steve Simon, a Democrat, organized a letter to Musk with four other secretaries of state this summer when Musk's AI platform, Grok, was posting incorrect information about election rules. He said Musk deserved credit for belatedly correcting that misinformation.

Simon said that before Musk bought Twitter, the platform was helpful in correcting election misinformation and that he hopes Musk can do the same, whatever his personal beliefs.

"It's one thing if you don't like this election system or that election system in Minnesota," Simon said, but factually false information about voting needs to be fixed.

Jen Easterly, director of the U.S. Cybersecurity and Infrastructure Security Agency, also commented last month on one of Musk's posts to correct a misconception that most elections in the U.S. don't use paper ballots. She wrote that during the last presidential election in 2020, "all States w/close presidential vote counts actually used paper records, allowing votes to be counted, recounted, & audited to ensure accuracy."

The X owner has at times backtracked when he recognizes his posts were ill-advised. Earlier this month, he sparked outrage when one of his posts promoted an interview between the right-wing podcast host Tucker Carlson and a Holocaust revisionist. He then deleted it.

Musk also deleted Sunday's post musing about how Biden and Harris had not been targeted by assassination attempts. White House spokesperson Andrew Bates nonetheless responded to call the post "irresponsible" and to say violence "should only be condemned, never encouraged or joked about."

Siva Vaidhyanathan, a professor of media studies at the University of Virginia, said most celebrities are careful about their words, recognizing that not everyone will understand their jokes or respond in a measured way. Musk, he said, has never had that kind of filter.

Even so, Vaidhyanathan said Musk's influence might be overblown when it comes to political misinformation. His platform has lost money and advertisers, and he's only one of many figures who have long made false claims about elections.

"Musk is just one more voice in that cacophony," he said.

___

Associated Press writers Christina A. Cassidy in Atlanta, Chris Megerian in Washington and Nicholas Riccardi in Denver contributed to this report.

___

The Associated Press receives support from several private foundations to enhance its explanatory coverage of elections and democracy. See more about AP's democracy initiative here. The AP is solely responsible for all content.

Continue Reading...

Popular

Radio Nikki: Haley launching a weekly SiriusXM radio talk show at least through January

NEW YORK (AP) — Former Republican Nikki Haley is launching her own radio talk show next week on SiriusXM that's set to air once a week at least through the inauguration of a new president.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Betting on elections threatens confidence in voting and should be banned, US agency says

ATLANTIC CITY, N.J. (AP) — Allowing people to bet on the outcome of poses a great risk that some will try to manipulate the betting markets, which could cause more harm to the already fragile confidence voters have in the integrity of results, according to a federal agency that wants the bets to be banned.

September 23 - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on September 23rd will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

Gavin Newsom Signs Laws Aimed At Curbing Deepfakes Around Elections: 'Critical That We ensure AI Is Not Deployed To Undermine The Public's Trust'

California Governor Gavin Newsom has signed three bills to restrict the use of artificial intelligence in creating misleading political ads, making it illegal to distribute deepfakes related to elections around Election Day and requiring social media platforms to remove deceptive material.

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

What's Going On With Vaccinex Stock Wednesday?

Vaccinex shares are trading lower on Wednesday after the company announced $6.2 million in proceeds from the exercise of warrants as well as the issuance of new warrants for common stock.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Longshoremen at key US ports threatening to strike over automation and pay

Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.

Canadian Union Unifor Reaches Agreement With General Motors For Over 1,300 Workers In Ontario

Unifor has reached a tentative collective agreement with General Motors for the more than 1,300 of its members at the company's CAMI Assembly and Battery Assembly facilities in Ingersoll, Ontario, the Canadian labor union said on Wednesday.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

US widens indictment of Russians in 'WhisperGate' conspiracy to destroy Ukrainian and NATO systems

BALTIMORE (AP) — The U.S. Justice Department has widened its indictment of Russians in the so-called ‘WhisperGate’ malware attack aimed at destroying computer systems in Ukraine and 26 NATO allies including the United States.

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

Elon Musk's SpaceX Launches 90th Mission In 2024, With Over A Third Of Launch Target Still To Go

Elon Musk's rocket manufacturing company SpaceX has launched its 90th launch mission for the year, the company said on Tuesday.

Collect 10%+ Dividends From AI's Explosive Growth? - Ad

This one-of-a-kind fund is set to pay out a tsunami of profits to shareholders... Giving you the chance to collect 10%+ dividend yields, year after year! In his brand-new "AI Income Playbook," Marc Lichtenfeld gives you the full scoop on this breakthrough fund... Including its name, ticker symbol, and profit potential.

NBA Legend Shaq Shows Off His New Widebody Carbon Fiber Tesla Cybertruck: Elon Musk Has A One Word Reaction

NBA legend Shaquille O'Neal, also known as Shaq, showed off his new Tesla Cybertruck featuring a widebody carbon fiber design, which is the first of its kind in the world.

Discover the $2 Stock That Has Institutional Attention - Ad

With a $1.3B market cap and forecasts to grow 2X faster than the sector, dozens of investment banks are betting big. Strong leadership, cash on hand, and a $3 target make it a must-see.

Top 2 Energy Stocks That Are Ticking Portfolio Bombs

Two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Text of the policy statement the Federal Reserve released Wednesday

WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:

Prepare for President Kamala - Ad

I won't be voting for her. Even so, I'm worried VP Kamala Harris could pull off a victory and become our next president. And it would be much worse than anything you might expect--especially when it comes to your money. Because likely WON'T get a second chance at recovering the money you stand to lose if she takes power.

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

Flames from massive pipeline fire near Houston subside but continue burning

DEER PARK, Texas (AP) — A flame that towered over a southeast Houston suburb had subsided Tuesday, but continued to burn following after a vehicle drove through a fence and struck an above-ground valve, officials said.

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Turkey's Spy Chief Meets With Hamas To Discuss Cease-Fire In Gaza: Reports

Turkey's intelligence chief met with Hamas in Ankara to discuss Gaza ceasefire negotiations, as Turkey denounces Israel's assault and conducts intensive diplomacy.

Utility ordered to pay $100 million for its role in Ohio bribery scheme

An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst

GE Vernova upgraded to Buy by BofA Securities, price target raised from $200 to $300. Analyst sees potential in Gas Power Services.

iPhone 16 Pro Vs. iPhone 15 Pro: Should You Upgrade To Apple's Latest iPhone?

The iPhone 16 Pro offers notable upgrades in display size, processing power, camera capabilities, and battery life over the iPhone 15 Pro, but the improvements may not be significant enough to justify an upgrade for all users unless these specific features are essential to them.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

An ancient African tree is providing a new 'superfood' yet local harvesters are barely surviving

Since childhood, Loveness Bhitoni has collected fruit from the gigantic baobab trees surrounding her homestead in to add variety to the family’s staple corn and millet diet. The 50-year-old Bhitoni never saw them as a source of cash, until now.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright priceactionea.net
Privacy Policy | Terms of Service