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U.S. investors, Trump close in on TikTok deal with China

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Re: U.S. investors, Trump close in on TikTok deal with China

#461

Post by estearum »

buckle8017 wrote: post #447
conception wrote: post #445

Earlier quoted context omitted.

There is a penalty just congress has to enforce it.

The only penalty congress can enforce on the executive is cutting the budget of things the executive wants funded.

Also this only matters if the Fed is independent. If it’s not, the President can direct it to purchase unlimited treasury bonds, effectively printing unlimited money to fund any program it wants.

Paired with this administration’s assertion of impoundment powers and the pocket rescission, the Congress’s power of the purse is completely neutered in both directions. The executive can decline to spend whatever it doesn’t want to, and it can fund anything it does want.

Recklessly funding the government off of the Fed’s balance sheet will of course cause all sorts of nasty economic effects, but that’s exactly why you need to print money! So your massive immigration enforcement apparatus (newly full of ideological minions thanks to the current hiring surge) can go and assert powers of process-free expedited removal throughout the entire country (per DOJ memo from week 1).

So the economic consequences hardly matter: you simply deport whoever complains.

Re: U.S. investors, Trump close in on TikTok deal with China

#462

Post by deepsquirrelnet »

wnevets wrote: post #258

Between this and the US government taking ownership in Intel the "small government is good" and "socialism is bad" crowd have been very very quiet.

The term has been so abused that it’s no surprise the current administration was going to push in that direction themselves.

All it takes is a minor rebranding and half the country or more would immediately sign up for it. For all intents and purposes, socialism just means “the people we don’t like”. As long as people feel like they’ll get theirs, I seriously doubt they care what economic system they’re living under.

Re: U.S. investors, Trump close in on TikTok deal with China

#463

Post by peanuty1 »

ElijahLynn wrote: post #350

Is this a coup by conservative government to gain control of this social network to promote it's ideologies? first Twitter, now Tiktok, both controlled by conservative interests?

It's a coup by pro-Israel interests like Larry Ellison and Andreessen Horowitz.

Re: U.S. investors, Trump close in on TikTok deal with China

#464

Post by peanuty1 »

fogzen wrote: post #356
ElijahLynn wrote: post #350

Is this a coup by conservative government to gain control of this social network to promote it's ideologies? first Twitter, now Tiktok, both controlled by conservative interests?

Yes. And to enrich their buddies and campaign donors like Marc Andreessen and Ben Horowitz.

I thought Ben Horowitz supported Kamala during the 2024 presidential election.

Re: U.S. investors, Trump close in on TikTok deal with China

#465

Post by peanuty1 »

frogperson wrote: post #424
elzbardico wrote: post #255

[flagged]

They clearly have a plan. Ellison gifted his son NBC or ABC or some large network recently, if I recall correctly. Why do they need to control the media?

To push a pro-Israel agenda. That's why Larry Ellison put Israeli loyalist Bari Weiss in charge of CBS.

Re: U.S. investors, Trump close in on TikTok deal with China

#466

Post by LadyCailin »

kelnos wrote: post #388
jfengel wrote: post #291

Earlier quoted context omitted.

Board will include one U.S. government–appointed director. Why? The nominal reason for all this is that we didn't want a Chinese company controlling an important social media outlet. I don't love that reasoning, but fine, whatever. So they're forcibly selling it to an American company. Which should solve the problem, right? Are we going to be putting government-appointed directors on all social media companies? Or ju…

Because Trump wants a proxy so he can continue to influence the direction TikTok takes. He wants easier access to data so he can go after his political opponents, as well as get things censored he doesn't like. Of course, this would all be possible without someone on the board, but it can't hurt, and likely will help.

If TikTok removes something, would the fact that there’s a government representative on the board give standing for a first amendment claim? Normally private companies aren’t required to furnish you with first amendment rights, but if one could argue that, if not for the board representative, they might not have prevented that speech, then perhaps you would have standing.

Re: U.S. investors, Trump close in on TikTok deal with China

#468

Post by MiiMe19 »

dashundchen wrote: post #260
kaveh_h wrote: post #216

Earlier quoted context omitted.

In a democracy where the politicians change every 4-8 years this is receipt for disaster. The next administration will undo action taken by the previous one. In effect destroying any momentum or progress for achieving anything. For China and Russia this is not a problem because of the totalitarian state.

These fascist Republicans are not intending on giving up power. A bit China mixed with the sham democracies of Russia, Hungary or Turkey - this is the model they're going for. What do you think the push behind the new gerrymandered districts is for? Why do you think they are assembling a national voter registration database that hasn't existed before? https://www.msnbc.com/top-stories/latest/trump-doj-national-... Wh…

I thought conservatives were the conspiracy theorists.

1. Gerrymandering is and always has been a thing, blue and red. Nothing has changed.

2. Government puts government data from multiple government places into one government place. More news at 11.

3. Because you get stabbed/shot for just existing in them? Because of the riots earlier this year?

Fascism = Something I don't like. Get a grip.

Re: U.S. investors, Trump close in on TikTok deal with China

#469

Post by tasty_freeze »

hackable_sand wrote: post #269

I am ashamed to be an American. We are going to have so much healing to do.

I'm 61. I've told my kids I could not have ever imagined we got to the state we are in, with the president trying (and largely succeeding) in advancing the "unitary executive" abetted by the Supreme Court. Hell, I wouldn't have believed it even 10 years ago.

Re: U.S. investors, Trump close in on TikTok deal with China

#470

Post by deadbabe »

amatecha wrote: post #272
barbazoo wrote: post #117

I'm not an expert but this makes me think that it might time to turn off the screens and stop letting half-trillionaires decide what we look at.

Use Fediverse/ActivityPub, XMPP (maybe matrix), IRC. Use protocols, not "apps"/"platforms". Stop using corporate-owned centralized services. Well, unless you like being the subject of exploitation and manipulation of course.

The nuance of protocols vs apps though is lost on the masses. Most people just want to stare at reels or be stared at in reels.

This means that the only people you will encounter in protocols will be privacy freak type nerds and “normal” people you might actually feel better interacting with or watching are on popular apps.

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