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FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

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Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#131

Earlier quoted context omitted.

California has structural obstacles that don’t fit into partisan politics. Proposition 13 limits property tax collection, which warps housing development and many other factors. Also, California has high incomes, which means Californians pay more federal income tax, and the state receives less back in federal benefits, to the tune of almost $100 billion a year. Those are significant headwinds that the state would sti…

You really think california localities have a revenue problem? Prop 13 dos not limit property tax collection: it changes the distribution of it. It means I pay 40x more than my neighbor and that is very dumb, but whenver the city needs more revenue they just raise the rates.

Low turnover, political and financial opposition to building, and structurally higher costs. It's a tangled mess.

1. People are disincentivized to move - the longer you've lived in a home, the larger the effective subsidy (vs average property tax payer) becomes.

2. New homes are on the other end of that - you pay much more in taxes than the average. So the cost of new homes is higher.

3. The average home pays less than it costs the local government. This is largely true everywhere because of the cost of public schools, but Prop 13 makes it more pronounced in CA. So local governments have a huge disincentive to approve any housing, especially larger apartments or condos where school aged children could live.

4. Govs make up for the lower tax per home by charging very high development fees for new construction, which raises prices and lowers rates.

Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#132

Earlier quoted context omitted.

California has structural obstacles that don’t fit into partisan politics. Proposition 13 limits property tax collection, which warps housing development and many other factors. Also, California has high incomes, which means Californians pay more federal income tax, and the state receives less back in federal benefits, to the tune of almost $100 billion a year. Those are significant headwinds that the state would sti…

Prop 13 is brought up a lot but it never made any sense to me that it also applies to commercial real estate used for businesses. I can see an argument for single family homes (primary dwellings) but property that large corporations own ? It makes no sense.

It was created by and for homeowners, but businesses aren't going to pass up a gift like that. It's actually worse for commercial property - building are owned by separate single purpose corporations, and if you want to sell the building, you sell fractions of the ownership in the corporation over time so there's never a big enough change to trigger a tax reassessment.

Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#133
post #3

I don't understand how decisions like these align with the supposed "America First" rhetoric coming from the same side. Specifically - this deal is being led by the son of the president of the USA who was elected on promises of "bringing jobs back to America" and prioritizing domestic investments. Seems to me like they say one thing, do another, and all of us hold the bag at the end of it all.

I don't understand how, given bullshitting the public about Making America Great Again has been the norm since Reagan, Americans are still so surprised to find ...oops it was all lies for votes! Academics like Zinn and Chomsky, popular music, movies, TV have been calling out the lies for decades. Americans are that fucking dumb, I guess.

It doesn't help that in many cases, even the "better" choice in candidate lies considerable amounts along with people and party that support them.

It's not like we got the Truth Party versus the Liar Party, Its more like "Lies a bit more often party" and "Lies a bit less party" because both sides know propaganda works and uses it. And when you add in social biases there are enough lies to go around for either starting position to point at their perceived opposition party and proclaim them untrustworthy. Only a fraction of people are going to put in more effort to discern what is truth and keep track of who lies more and what lies are bigger or not, the rest decided to bandwagon along with their aligned "friends" as soon as they started getting confused by deception on both sides.

Also I don't think US political parties and politicians align well with the US population to start with. If someone disagrees with what 80% of what one party does, and 70% of what the other part does, their only choices are to pick a party they inherently disagree with slightly less or not vote. People who say out loud they think both parties are garbage are often shut down by people on both sides like they are planted opposition and shuns anyone who dares not give full support and backing all the time.

Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#135

Earlier quoted context omitted.

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The FTC has the authority to prevent mergers and acquisitions. Now, I am not saying that previous administrations always did their due diligence in this department because they demonstrably have not. But one would assume that an alleged protectionist government would be loath to allow gigantic corporations to be divvied up amongst foreign parties.

Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#136

Earlier quoted context omitted.

Is there any example of good State governance to point to, though? Every State is on the spectrum of dysfunction. I'd argue (and I am aware that it is a blatantly partisan point of view) that every additional republican you add to the mix will increase dysfunction. The party's entire M.O. currently is to increase chaos wherever possible, grief the other side, and generally troll everyone not like them; and I say this…

You clearly have a low opinion of republicans. I do too! Where we differ is that I have a low opinion of democrats too. I see many dem partisans say how much better they are than republicans and overall I’m not seeing good governance.

Yea, I definitely wasn't clear: With (D)'s we see a spectrum from incompetence to uselessness, and bad outcomes from good intentions. With (R)'s, the spectrum instead includes malice, griefing, cruelty, and deliberate sabotage of governance. Neither are good for governance, but I know which one I'd rather have.

Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#137

Earlier quoted context omitted.

Bwuh yeah imagine living in a meteorological paradise that happens to be the world’s strongest economy with the nation’s best state school system with a diversity of culture bringing tangible everyday benefits like delicious food. Sounds horrible.

You're so right! Imagine complaining about government inefficiency and corruption when there is all this bread and all these circuses!

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Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#138

Earlier quoted context omitted.

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Holy projection, batman. I'm simply calling you out on your bullshit and you decided to spaz out about castration or whatever the nutter talking point is of the day, further proving my point LOL

Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#139

Earlier quoted context omitted.

This is the scariest part.

I don't think most people understand how the times have changed here. CNN's prime time shows get fewer views than a mid-tier YouTuber, literally. They hit Cable news is basically dead, but I think most of us missed the funeral. It used to be a relatively big deal decades ago, but those times are long since passed. [1] - https://www.latimes.com/entertainment-arts/business/story/20...

> They hit But they do call the election results, in live broadcast. Authoritative election result. This is the target of this acquisition. CBS is done already.

Re: FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

#140

Earlier quoted context omitted.

> Seems to me like they say one thing, do another, and all of us hold the bag at the end of it all. Yup. It's the same lie that the GOP cares about deficits and debt… except when they're in power and want to do tax cuts for the rich.

As a former staunch Republican, if there's one thing I've learned, it's that both parties have sold us out. I disagree with a lot of the Left's policies and many on the Right as well, but both parties advocate, in theory, for several things that would benefit all Americans -- yet it never happens. Republicans advocate for fiscal responsibility -- never happens. Democrats advocate for things like healthcare and cancel…

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