 So ADL. ADL is the Anti-Defamation League. It is one of these civil rights organizations that has a long history, decades and decades long history. Basically defending Jews from anti-Semitism. So highlighting occurrences of anti-Semitism, fighting against anti-Semitism when it arises. And you know, not trying to restrict people's speech, but trying to stop people from threatening, trying to stop violence and challenging people who argue and make anti-Semitic claims. And ADL, by all accounts, historically has done a very good job at this and has been at the forefront together with other organizations that used to do a pretty good job at these kind of things like the ACLU that used to be very, very good on, for example, free speech issues. Well, there is growing evidence that the ADL over the last few years has been taken over by kind of extreme leftists, you know, the more crazy left side of the political spectrum. People who don't have respect for free speech, people don't really understand what it is that they are trying to do. There's a significant evidence that the ADL has become much more, for example, lenient towards anti-Semitism coming from the left and much harsher with regard to anti-Semitism coming through the right, that it's become a lot more political, a lot more aligned with certain left-wing interests rather than with defending its mission, which is being to speak out against anti-Semitism and to highlight anti-Semitic activity. Anyway, all of this has, and this has been debated within, it's called Jewish circles, it's been debated for quite a while that the ADL has kind of taken a wrong turn just like if you follow the ACLU and you follow the discussion about the ACLU, clearly the ACLU has taken a wrong turn and become anti-free speech when it was one of the great defenders of free speech in American history in decades past. And the consequence, this is all the consequence of the capture of these organizations by elements on the far left that are hostile to free speech and that have taken these organizations and politicized them, made them organizations dedicated to the woke or politically correct or whatever you want, whatever the latest term for it, agenda of the left rather than is actually protecting individual rights. Anyway, all of this has come to the forefront because, you know, ADL has been on, has talked about, has mentioned repeatedly that they think that Twitter, since Elon Musk has taken over, has become a place, much more tolerant of anti-Semitism and a place that is promoting anti, in a sense, blamed Twitter for promoting anti-Semitism. And indeed, as Elon Musk claims, has approached advertisers who used to advertise on Twitter, or acts or however they want to call it these days, and encourage those advertisers not to advertise on Twitter anymore because Twitter is a platform that promotes anti-Semitism. And, you know, the head of the ADL, a well-known kind of leftist, met last week with the CEO of Twitter. The idea was, could they talk about it? Could they come to some understanding? And there was some reason to believe that the meeting had gone well, but then over the weekend, Elon Musk came out basically, you know, ridiculing the ADL or attacking the ADL for really destroying significant ad revenue for Twitter, and Elon Musk was blaming ADL for a decline of 60% in the advertising revenue at Twitter because of ADL's campaign to convince advertisers not to advertise because of the platform's views. The last thing that happened, I guess yesterday or the day before, was that Elon Musk threatened to sue the Anti-Defamation League for defaming Twitter, for speaking ill of Twitter, for lying about Twitter, and thus hooting its business. Now, whether that is a legitimate lawsuit or if that is a lawsuit that could be successful at all is not something I know, not my area of expertise, defamation laws. But certainly this has got everybody's attention. And really there are two sides. You can see how the world splits into two on these things. One side is, you know, on the ADL side saying, yes, finally, we're having an impact. We're getting Elon Musk's attention. It's about time that, you know, Twitter stopped being this crazy right wing anti-Semitic racist platform. So that is certainly one side of the equation. The other side is finally Elon Musk, somebody on social media standing up to places like the ADL and other NGOs who are accusing platforms and not being woke enough, and really going after advertisers and hooting the platforms unless the platforms cave. So a lot of these NGOs supposedly are using blackmailing the platforms in order to get them to limit the speech on the platforms. Now, you know, my suspicion here in this particular case is that the ADL is probably not guilty of defamation per se, but is wrong. That is wrong to go after Twitter as a platform for anti-Semitism, although I'm sure there's anti-Semitism being expressed on Twitter. I mean, Twitter's problems are the same problems of all the social media, and we've talked about them for years. And the problem is of non-objective standards, not clear standards of what's acceptable and what's not acceptable as speech on the platform, not being objective about it. So it's hard to tell. So ADL is clearly exaggerating this phenomenon, is clearly motivated. If you judge the ADL by everything that it does, it's clearly motivated by kind of a more woke anti-free speech agenda that it has. Elon Musk is, you know, ADL is within its rights to tell people, hey, we think this platform is anti-Semitic, don't use it. People can make their own judgments and make their own commercial decisions about whether to advertise on Twitter or not. I doubt that there's any legal, I mean, any legal liability here. These are the kind of disputes that need to be settled in the marketplace. Elon Musk can do what he want with Twitter. ADL can do what it wants with its money as long as it doesn't engage in illegal activity or defamation being an illegal activity. But Elon is probably making a big deal out of all of this because it suits his purposes, whatever they might be, among others to make himself kind of a big time defender of speech-free speech. And also, you know, to score certain marketing points by standing up to the ADL. It's clear to me that this is not motivated from Elon Musk's perspective by anti-Semitism. There's no reason to believe that. But this is his opportunity to stand up to perceive bad guys make himself into a hero for a certain crowd. Sadly, the crowd that is rallied around Elon Musk on this issue, many of them are the anti-Semites on Twitter. Nick Ferrantes is one of the people that has rallied around Musk, banned the ADL, has become a hashtag on Twitter, promoted a lot by some anti-Semites. Nick Ferrantes is an anti-Semite. Unfortunately, Musk is doing what he often does, which is interacting with horrible people, and I think by doing that, sanctioning them. So Musk is not clean here completely either. People like Nick Ferrantes, I don't want to ban their speech, but they need to be recognized for what they are. They are the crudest type of anti-Semitic racist, slick, horrible individuals, and somebody like Elon shouldn't have anything to do with them, even if they're still on the platform. There's zero reason to interact with people associated with Ferrantes. So this is, of course, creating a big to-do online. It's an interesting issue about whether Twitter is becoming a platform that is dominated by ugly voices or voices that while you don't want to silence, you also don't want to be in the neighborhood. You don't want to be exposed to, you don't want to be interacting with them. And how bad is it with Twitter? I don't see those things on Twitter, but then I only follow certain people, and I guess I only interact with certain people, and therefore the algorithm only feeds me certain stuff. But I know they're out there because doing my research, I find them. To what extent this is, how prevalent this is, is probably exaggerated, or I'm pretty sure he's exaggerated by the ADL, but there is an issue. There is an issue where Nick Ferrantes maybe represents that issue, and the fact, again, that Musk interacts with some of these weirdos, only enhances their power, gives them more followers, expands their exposure, and that is sad. So I'm not siding with either party here. I think they're both probably motivated by the wrong things, but it's going to be interesting to watch this play out on Twitter and elsewhere.