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Abu Dhabi royal family to take stake in TikTok US

theguardian.com

51–60 of 124 posts

Re: Abu Dhabi royal family to take stake in TikTok US

#51

How and who is making the decisions about ownership? I'd think they'd have gone for open bidding, or even an IPO. I don't even see why negotiations with the Chinese was needed. There's a law, affirmed by the Supreme Court. The private markets could have handled this just fine. The Biden admin abrogated responsibility here by punting this.

Donald Trump and his friends are making the decisions. They have ignored the law you mentioned because they don't like it.

Re: Abu Dhabi royal family to take stake in TikTok US

#52
post #15

The Gulf States are seeing absolutely excellent ROI for the 1b they pooled together for a 747.

OT but i think the 747 story deserves a bit more nuance. First of all to be clear i'm dismayed by the idea. It's not great optics that Trump wants to keep the plane (library force one?) . Even accepting it in the first place is also odd. Add to that, using it as Air Force One seems to be impractical. BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. From what i understand the…

Is it really a typical tactic of Trump or his administration. They don't come across as 4D chess player, more like make one move and they just tip over the table and say they won the game of checkers.

Re: Abu Dhabi royal family to take stake in TikTok US

#53
post #15

The Gulf States are seeing absolutely excellent ROI for the 1b they pooled together for a 747.

OT but i think the 747 story deserves a bit more nuance. First of all to be clear i'm dismayed by the idea. It's not great optics that Trump wants to keep the plane (library force one?) . Even accepting it in the first place is also odd. Add to that, using it as Air Force One seems to be impractical. BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. From what i understand the…

> using it as Air Force One seems to be impractical

well... yeah. you'd have to strip it back to bare metal components and start again, wouldn't you? trust in every bit of electronics on the plane would be zero. be faster to build a new 747 out of spare parts.

Re: Abu Dhabi royal family to take stake in TikTok US

#54
post #15

The Gulf States are seeing absolutely excellent ROI for the 1b they pooled together for a 747.

OT but i think the 747 story deserves a bit more nuance. First of all to be clear i'm dismayed by the idea. It's not great optics that Trump wants to keep the plane (library force one?) . Even accepting it in the first place is also odd. Add to that, using it as Air Force One seems to be impractical. BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. From what i understand the…

> Even accepting it in the first place is also odd

illegal.

That's the word you're looking for. The Constitution is absolutely clear on this: POTUS is not allowed to accept foreign gifts without authorization of Congress. To this day, Trump has neither sought nor received Congressional authorization.

Re: Abu Dhabi royal family to take stake in TikTok US

#55

Earlier quoted context omitted.

> BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. "We gave a huge gift to an authoritarian leader" is indeed precedent; not a great one, though.

Point is it looks less like a tribute you might offer to a powerful emperor and more like an ordinary plane giveaway.

What?

Re: Abu Dhabi royal family to take stake in TikTok US

#57

Earlier quoted context omitted.

> BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. "We gave a huge gift to an authoritarian leader" is indeed precedent; not a great one, though.

Point is it looks less like a tribute you might offer to a powerful emperor and more like an ordinary plane giveaway.

Are you… unfamiliar with Erdogan?

Re: Abu Dhabi royal family to take stake in TikTok US

#58

Earlier quoted context omitted.

OT but i think the 747 story deserves a bit more nuance. First of all to be clear i'm dismayed by the idea. It's not great optics that Trump wants to keep the plane (library force one?) . Even accepting it in the first place is also odd. Add to that, using it as Air Force One seems to be impractical. BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. From what i understand the…

> Even accepting it in the first place is also odd illegal. That's the word you're looking for. The Constitution is absolutely clear on this: POTUS is not allowed to accept foreign gifts without authorization of Congress. To this day, Trump has neither sought nor received Congressional authorization.

This is the emoluments clause:

    No Title of Nobility shall be granted by the United States: And no Person
    holding any Office of Profit or Trust under them, shall, without the Consent
    of the Congress, accept of any present, Emolument, Office, or Title, of any
    kind whatever, from any King, Prince, or foreign State.[5]
And the reason they put that there is the obvious one: this is as corrupt as corrupt gets.

Re: Abu Dhabi royal family to take stake in TikTok US

#60
post #15

The Gulf States are seeing absolutely excellent ROI for the 1b they pooled together for a 747.

OT but i think the 747 story deserves a bit more nuance. First of all to be clear i'm dismayed by the idea. It's not great optics that Trump wants to keep the plane (library force one?) . Even accepting it in the first place is also odd. Add to that, using it as Air Force One seems to be impractical. BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. From what i understand the…

“Not great optics” is a very generous way to describe it. Maybe they should detail the faults of the current Air Force 1 and explain how it’s failing to enable the president to serve the nation. “Aging” is awfully vague and they service the hell out of those jets, completely rebuilding mechanical parts on an extremely aggressive schedule compared to airlines
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