3 ms·

The sad thing is, this bill isn't limited to Tik-Tok. The language was deliberately made overly broad. I would not be surprised if this is eventually used to fo

The sad thing is, this bill isn't limited to Tik-Tok. The language was deliberately made overly broad. I would not be surprised if this is eventually used to force American-owned, American-controlled founders to divest ownership of their own companies because of actions taken by other people. There are two parties in this country, the stupid one and the evil one. Whenever they eagerly get together and push "bipartisan" legislation, that's when I worry the most about whatever stupid, evil thing they are up to these days.

gretch 3y ago
>If the company cannot sell the app in that time, it will become illegal for app stores and web-hosting companies to offer TikTok, as long as it remains under the control of a "foreign adversary." This is misinformation. The bill is about companies owned by a "foreign adversary" (literal wording of the bill, and enumerated examples in the bill itself). So please explain how this can ever be used against American owned companies.
- anonym29 3y ago
  When "foreign adversary" gets construed to mean anyone platforming a foreign adversary, or perhaps even merely just platforming American citizens with the views of a foreign adversary.
  - Aloisius 3y ago
    The bill only applies to applications operated or controlled by ByteDance, TikTok or any subsidiary/successor to ByteDance or TikTok or one controlled directly or indirectly by them. https://www.govtrack.us/congress/bills/118/hr7521/text/rfs#link=2_g_3&nearest=HB5568894B1D94B058BC0D19DB8093F39 https://www.govtrack.us/congress/bills/118/hr7521/text/rfs#l...
    - anonym29 3y ago
      Your post is factually inaccurate. You're referring to section (g)(3)(A)(i) and (g)(3)(A)(ii). Those are two of the categories the bill applies to under (g)(3)(A), however, you've completely failed to mention the entirety of the (g)(3)(B) categories. Categories the bill also applies to per (g)(3)(B) that you did not mention include: (g)(3)(B)(i) - is controlled by a foreign adversary; and that is determined by the President to present a significant threat to the national security of the United States following the issuance of— (g)(3)(B)(i)(I) - a public notice proposing such determination; and (g)(3)(B)(i)(II) - a public report to Congress, submitted not less than 30 days before such determination, describing the specific national security concern involved and containing a classified annex and a description of what assets would need to be divested to execute a qualified divestiture. Maybe Biden decides that Hackernoon has users who are Russian state actors spreading "disinformation" (true, real, factual information that you were not supposed to know, like the lab leak hypothesis, Hunter Biden's laptop containing evidence of his corruption alongside a bunch of victimless "crimes", Nancy Pelosi committing illegal insider trading, Hilary Clinton operating an unlawful email server, etc), and therefore HN constitutes a "significant threat to the national security of the United States". That sounds unrealistic to you? How about that happening to a politically disfavored owner of a company that is already being routinely snubbed by the white house, like Musk/Twitter?
      - wumeow 3y ago
        Please reread the definition of “controlled by a foreign adversary“ in section g1.
        anonym29 3y ago
        Please reread the definition of "controlled by a foreign adversary" in section (g)(1)(B). Hypothetical scenario: Twenty Chinese companies each take a 1% stake in your startup. In that scenario, your company is now "controlled by a foreign adversary", and you, the non-foreign majority shareholder, can be forced to divest, under the current language of this bill.
        wumeow 3y ago
  - gretch 3y ago
    Here are the words from the bill: (1) CONTROLLED BY A FOREIGN ADVERSARY.— 8 The term ‘‘controlled by a foreign adversary’’ means, 9 with respect to a covered company or other entity, 10 that such company or other entity is— 11 (A) a foreign person that is domiciled in, 12 is headquartered in, has its principal place of 13 business in, or is organized under the laws of 14 a foreign adversary country; 15 (B) an entity with respect to which a for 16 eign person or combination of foreign persons 17 described in subparagraph (A) directly or indi18 rectly own at least a 20 percent stake; or 19 (C) a person subject to the direction or 20 control of a foreign person or entity described 21 in subparagraph (A) or (B). I do not see how the hypothetical scenarios you posed could ever manifest under a reasonable interpretation of this law. If that happens, the government went full tyrant and we have much bigger problems
    - anonym29 3y ago
      Twenty Chinese companies each take a 1% stake in your startup. Your company is now "controlled by a foreign adversary". The US Federal government went full tyrant over 100 years ago and has never looked back since. This has been a "much larger problem" for my entire life. The US federal government is the world's pre-eminent #1 purveyor of global terrorism, if you measure global terrorism as the threat of the use of force to compel other entities to take positions and actions that they would not take of their own free will.
asadotzler 3y ago
You're lying. Read the bill. It clearly targets foreign companies and not domestic ones. That you either didn't read and are confused or did and are now intentionally spreading lies are both condemnations that should embarrass you.

gretch 3y ago

>If the company cannot sell the app in that time, it will become illegal for app stores and web-hosting companies to offer TikTok, as long as it remains under the control of a "foreign adversary." This is misinformation. The bill is about companies owned by a "foreign adversary" (literal wording of the bill, and enumerated examples in the bill itself). So please explain how this can ever be used against American owned companies.

anonym29 3y ago
When "foreign adversary" gets construed to mean anyone platforming a foreign adversary, or perhaps even merely just platforming American citizens with the views of a foreign adversary.
- Aloisius 3y ago
  The bill only applies to applications operated or controlled by ByteDance, TikTok or any subsidiary/successor to ByteDance or TikTok or one controlled directly or indirectly by them. https://www.govtrack.us/congress/bills/118/hr7521/text/rfs#link=2_g_3&nearest=HB5568894B1D94B058BC0D19DB8093F39 https://www.govtrack.us/congress/bills/118/hr7521/text/rfs#l...
  - anonym29 3y ago
    Your post is factually inaccurate. You're referring to section (g)(3)(A)(i) and (g)(3)(A)(ii). Those are two of the categories the bill applies to under (g)(3)(A), however, you've completely failed to mention the entirety of the (g)(3)(B) categories. Categories the bill also applies to per (g)(3)(B) that you did not mention include: (g)(3)(B)(i) - is controlled by a foreign adversary; and that is determined by the President to present a significant threat to the national security of the United States following the issuance of— (g)(3)(B)(i)(I) - a public notice proposing such determination; and (g)(3)(B)(i)(II) - a public report to Congress, submitted not less than 30 days before such determination, describing the specific national security concern involved and containing a classified annex and a description of what assets would need to be divested to execute a qualified divestiture. Maybe Biden decides that Hackernoon has users who are Russian state actors spreading "disinformation" (true, real, factual information that you were not supposed to know, like the lab leak hypothesis, Hunter Biden's laptop containing evidence of his corruption alongside a bunch of victimless "crimes", Nancy Pelosi committing illegal insider trading, Hilary Clinton operating an unlawful email server, etc), and therefore HN constitutes a "significant threat to the national security of the United States". That sounds unrealistic to you? How about that happening to a politically disfavored owner of a company that is already being routinely snubbed by the white house, like Musk/Twitter?
    - wumeow 3y ago
      Please reread the definition of “controlled by a foreign adversary“ in section g1.
      - anonym29 3y ago
        Please reread the definition of "controlled by a foreign adversary" in section (g)(1)(B). Hypothetical scenario: Twenty Chinese companies each take a 1% stake in your startup. In that scenario, your company is now "controlled by a foreign adversary", and you, the non-foreign majority shareholder, can be forced to divest, under the current language of this bill.
        wumeow 3y ago
- gretch 3y ago
  Here are the words from the bill: (1) CONTROLLED BY A FOREIGN ADVERSARY.— 8 The term ‘‘controlled by a foreign adversary’’ means, 9 with respect to a covered company or other entity, 10 that such company or other entity is— 11 (A) a foreign person that is domiciled in, 12 is headquartered in, has its principal place of 13 business in, or is organized under the laws of 14 a foreign adversary country; 15 (B) an entity with respect to which a for 16 eign person or combination of foreign persons 17 described in subparagraph (A) directly or indi18 rectly own at least a 20 percent stake; or 19 (C) a person subject to the direction or 20 control of a foreign person or entity described 21 in subparagraph (A) or (B). I do not see how the hypothetical scenarios you posed could ever manifest under a reasonable interpretation of this law. If that happens, the government went full tyrant and we have much bigger problems
  - anonym29 3y ago
    Twenty Chinese companies each take a 1% stake in your startup. Your company is now "controlled by a foreign adversary". The US Federal government went full tyrant over 100 years ago and has never looked back since. This has been a "much larger problem" for my entire life. The US federal government is the world's pre-eminent #1 purveyor of global terrorism, if you measure global terrorism as the threat of the use of force to compel other entities to take positions and actions that they would not take of their own free will.

asadotzler 3y ago

You're lying. Read the bill. It clearly targets foreign companies and not domestic ones. That you either didn't read and are confused or did and are now intentionally spreading lies are both condemnations that should embarrass you.