• Maggoty@lemmy.world
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    2 months ago

    If the government can just point at a company and force a fire sale then there is no market, there is no order, there is no financial industry. This is an incredibly dangerous law.

    • jumjummy@lemmy.world
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      2 months ago

      The alternative is to outright ban it. Tik Tok is a cancer directly controlled by a hostile nation state. The government absolutely has the right to block foreign interference like this.

      • Maggoty@lemmy.world
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        2 months ago

        Pray tell how is this any worse than Facebook? Is the CCP in the Los Angeles TikTok office moderating content?

        Or is this just more bullshit invented on the spot to justify an unconstitutional power grab?

        • Lynthe@sh.itjust.works
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          2 months ago

          Facebook isn’t under an obligation to provide America’s data directly to the government of a hostile foreign power. Tiktok is

            • Dark Arc@social.packetloss.gg
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              2 months ago

              They’re owned by the CCP (and before you say they’re not, the ByteDance C-suite is basically all current Chinese citizens and the headquarters is in Beijing).

              Businesses and people do not have rights in the way most westerners are used to. Assume anything out of China or generally owned by Chinese companies is a direct arm of the CCP … because even if it isn’t today, the CCP can unilaterally throw down an order from the top and take control of the company/have them do whatever they want or the leaders replaced.

              • Maggoty@lemmy.world
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                2 months ago

                So are American companies that are basically all Americans in the C-Suite owned by the US Government?

                Even if what you were saying was true, the common sense approach is to ban the trading of data internationally. Then TikTok can tell Beijing to pound sand if they tried anything. Instead we have this fear mongering racist bullshit being touted.

              • Maggoty@lemmy.world
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                2 months ago

                Bytedance owning a stake in TikTok does not mean they can require TikTok to share data. Especially if we made a common sense law to protect data saying it’s not allowed to leave the country.

                Oh wait, that’s already a thing. And we just let Meta and the other data vendors keep doing it.

                  • Maggoty@lemmy.world
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                    2 months ago

                    Did… Did you actually read it? They sent user data for app engagement research. Oh no the CCP knows you’re a middle aged white guy in Oklahoma! The world is going to end!!!

                    And if we’re going to ban any data going to the CCP then we should just do that. It’s not whataboutism to point out you’re only punishing the odd duck for a crime all of the ducks are committing openly. Make that law and reform the industry. Anything less is just a racist excuse for a fire sale.

    • conciselyverbose@sh.itjust.works
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      2 months ago

      The government absolutely has unconditional and unlimited authority to restrict enemy states from ownership of anything in the US they want to.

      There is absolutely no possibility of any Constitutional issue. The government has explicit authority to handle anything they want about international commerce in the Constitution.

      • Maggoty@lemmy.world
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        2 months ago

        That’s why they’re having to pass this law I guess then? Because they already have the authority to do the thing they’re trying to make the law to get the authority to do?

        And TikTok isn’t owned by China. It’s owned by ByteDance, a MultiNational Corp with Chinese ties. It’s not operated out of China, Tiktok is operated out of Singapore and Los Angeles.

        And what exactly is the security concern of people making funny cat videos? Nobody is saying the government has to put Tiktok on government computers. So what exactly is the exposure here that trumps the first amendment and prohibition on bills of attainder in the US?

        • bastion@feddit.nl
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          2 months ago

          You’re thinking of laws in terms of obedience. Law is about agreed-upon structure (sometimes functional, often dysfunctional).

          Enforcement is about obedience, and comes up when people don’t go along with the agreed-upon structure. When the structure is made poorly, enforcement has harmful consequences.

          Examples:

          • food stamps (law)
          • no stealing (law)
          • preventing theft or multiple-subscription to food stamps (enforcement)
          • the wilderness act (law)
          • suing the government for not following the wilderness act (enforcement)

          Law and enforcement are closely linked, but definitely distinct.

          They have the authority to create structure (pass laws) regarding foreign powers operating within the States. So they pass laws (create structure) that state the agreed-upon structure, and enable that structure to be enforced.

          • Maggoty@lemmy.world
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            2 months ago

            Except we don’t have that power. Not unless there’s a national security threat. And they might make our children more woke isn’t a national security threat.

            American individuals and this company have a first amendment right. Furthermore this isn’t a ban on all foreign owned companies. This is a ban on companies with ownership that have nebulous ties to certain countries. A list we can add to at any time. That is capricious and open to being abused. It’s also unconstitutional under the no Bills of Attainder rule.

            • bastion@feddit.nl
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              2 months ago

              Except we do have that power. There’s reasonable national security risk, and your lack of understanding of the dynamics involved doesn’t make them nebulous to others.

              In any case, if you don’t like it, vote with your life choices. If it’s not that important, well… …it’s not that important.

              • Maggoty@lemmy.world
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                2 months ago

                You know nobody has yet to actually say what the risk is. Just that China is evil and therefore a risk. There’s some overblown stuff about them pushing cancel culture but that’s not a national security risk.

                If it’s not nebulous then tell me, how are they getting our nuclear codes with a social media app they don’t directly control?

                And again. No. We have rights in the US. Unless you guys go giving them away because you’re afraid you might see a Chinese video.