A rival bidder associated with Jones, First United American Cos., offered $3.5 million in cash, or twice as much cash as The Onion’s parent company. First United American is a limited liability company affiliated with Jones’ dietary supplements business, and its bid had Jones’ blessing.
How the fuck can that company possibly win a bid when it ought to be getting auctioned off to pay the Sandy Hook families too‽
The Sandy Hook plaintiffs are owed $975 million. They are supporting the Onion’s bid by pledging as much of that as necessary to beat the opposing bid (remember, they have rights to most of the auction proceeds).
An analogy: you put something on eBay, and then decide you want to keep the item for yourself. You can easily outbid anyone else, because in the end you are (mostly) paying yourself. The only question is how much eBay’s tiny cut will be.
Well, Sandy Hook plaintiffs are basically putting Infowars on eBay but determined to win the auction. The winner of the auction is a foregone conclusion, so the only question is what small cut some other folks are going to get.
Yeah, I really buy that. About as much as him saying he had nothing to do with AEJ holdings, or had no stake in the companies that his parents owned with him.
If he’s not got a direct financial stake in this, he’s got an under the table one. No one affiliated with Jones should be able to buy InfoWars.
How the fuck can that company possibly win a bid when it ought to be getting auctioned off to pay the Sandy Hook families too‽
They are business partners with Jones, they aren’t actually owned by Jones.
So Alex Jones is transferring Infowars to his pals so he can continue running the show under them?
He is trying to. I don’t think he will succeed.
Honestly this is straight out of the Infowars playbook. AJ has been fleecing racist morons with his pals for decades.
Please explain why you don’t think he will succeed. This seems like exactly what the fascists would do.
The Sandy Hook plaintiffs are owed $975 million. They are supporting the Onion’s bid by pledging as much of that as necessary to beat the opposing bid (remember, they have rights to most of the auction proceeds).
An analogy: you put something on eBay, and then decide you want to keep the item for yourself. You can easily outbid anyone else, because in the end you are (mostly) paying yourself. The only question is how much eBay’s tiny cut will be.
Well, Sandy Hook plaintiffs are basically putting Infowars on eBay but determined to win the auction. The winner of the auction is a foregone conclusion, so the only question is what small cut some other folks are going to get.
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Sounds like a bullshit asset-hiding scam to me.
Yeah, I really buy that. About as much as him saying he had nothing to do with AEJ holdings, or had no stake in the companies that his parents owned with him.
If he’s not got a direct financial stake in this, he’s got an under the table one. No one affiliated with Jones should be able to buy InfoWars.
Because it isn’t?
I’m pretty sure “because” isn’t a reason.
They’re not the company being auctioned. I honestly don’t know how to make that simpler…