« on: March 10, 2024, 01:13:36 pm »
https://nymag.com/intelligencer/article/trump-tiktok-ban-reversal-china-jeff-yass-why.htmlIn his final year in office, President Donald Trump signed an executive order attempting to limit TikTok. The logic was perfectly evident: The popular social-media app is controlled by the Chinese Communist Party and employs a secret algorithm to determine which memes are presented to users, giving it enormous and unaccountable influence over American news consumption.
But Thursday night, while the political class was training its attention on President Joe Biden’s State of the Union address, Trump reversed himself. “If you get rid of TikTok, Facebook and Zuckerschmuck will double their business,” he wrote. “I don’t want Facebook, who cheated in the last Election, doing better. They are a true Enemy of the People!”
The timing of this reversal is interesting. After years of express concern, Congress is moving rapidly to pass a bill to force the Chinese government to divest from TikTok. TikTok has described this as a “ban,” which is erroneous, because it would only require a change of ownership without banning the product. A House committee voted 50-0 to approve the bill, an unusual display of bipartisan unanimity.
One American who does not share this goal is Jeff Yass, a conservative hedge-fund manager who has a $33 billion stake in TikTok and has reportedly threatened to cut off funding to Republicans who support the divestment bill.
Last week, Yass visited Mar-a-Lago, where Trump praised him as “fantastic,” and media reports touted that Yass could potentially contribute generously to Trump’s campaign.
EXCERPT
Well that explains THAT.
Logged
aka "nasty degenerate SOB," "worst of the worst at Free Republic," "Garbage Troll," "Neocon Warmonger," "Filthy Piece of Trash," "damn $#%$#@!," "Silly f'er," "POS," "war pig," "neocon scumbag," "insignificant little ankle nipper," "@ss-clown," "neocuck," "termite," "Uniparty Deep stater," "Never Trump sack of dog feces," "avid Bidenista," "filthy Ukrainian," "war whore," "fricking chump," psychopathic POS, and depraved SOB.
"In a time of universal deceit - telling the truth is a revolutionary act." ---George Orwell
"If you want peace, prepare for war." ---Flavius Vegetius Renatus
