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>Why didn't the people calling for Facebook's death by fine make the same arguments in these other cases? Because they don't really believe in this as a general
by Despegar 8y ago
>Why didn't the people calling for Facebook's death by fine make the same arguments in these other cases? Because they don't really believe in this as a general policy.
This is complete nonsense and shows you weren't paying attention or have forgotten what happened after the GFC. The big criticism of the Obama administration to this day from the left is that no bankers were put in jail. The Tea Party movement was a right wing reaction to the bank bailouts.
At least the GFC gave us Dodd-Frank. I'm hoping for a GDPR clone to come out of the tech industry's GFC.
- notacoward 8y ago> This is complete nonsense Please read the site guidelines. > This is complete nonsense and shows you weren't paying attention or have forgotten what happened after the GFC. We're not talking about jail, though that's an interesting conversation to have. We're talking about fines big enough to put a company out of business. What banks went out of business because of government action? What pharmaceutical companies? What tobacco companies. I'll bet I was paying much closer attention than you, and I didn't see anywhere this level of "add another zero" hysteria then. Even people who didn't totally agree with "too big to fail" seemed to agree with enough of it to stop short of where they are now regarding Facebook. > I'm hoping for a GDPR clone to come out of the tech industry's GFC So am I. It just has to be general regulation that can be enforced fairly on anyone who transgresses, not a targeted hit against the pundits' favorite target.