1y ago

Former Trump Treasury Secretary Steven Mnuchin forming investor group to buy TikTok

Just a moment...

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I mean this is just hilarious to me. Don't trust their billionaire corporate oligarchs, trust our billionaire corporate oligarchs.
The news comes a day after the House voted 352-65 on a bipartisan measure to force Beijing-based ByteDance to find a U.S. buyer for TikTok within six months,
Can we do the same to break Google, Microsoft, Apple, and Amazon up?
Nice to see dems and republicans unite on spreading FUD to benefit their ruling class.
Frying pan, fire.
This article's headline made me a bit dumber.
Is TikTok even for sale?
- No, but US legislators are trying to force it ~~to enrich their rich buddies~~ for "national security".
This is named "nationalizing" and was what Venezuela did with their oil industry.
- It’s sort of similar, but the US government isn’t seizing TikTok. It, when the legislation is signed, will force sale to a US entity or otherwise prevent the usage in the United States.
  ByteDance will probably get somewhat close to fair market value for the application, after all of the lawsuits and legal challenges are over with
  
  ByteDance will probably get somewhat close to fair market value for the application
  No it won't.
  The amount of power Tiktok has is priceless, which is exactly why Americans spread so much FUD to put that power in the hands of their rulers.
  
  I would LOVE to see the dumpster fire that TikTok owned and run by the U.S. Government would be

12 comments