US continues to go forward


I'm sure some will push back on this as government acting/restricting business but I think this approach needs to be across the country.
They bought a quarter of all homes nationwide in 2023 (still awaiting 2024 data).

I hope we see more states follow suit.
 
Plus, people then get rent trapped and can never build equity in a home, which is one of the best ways to build wealth.
Speaking of...
 
I’m pretty much a free market proponent for sure. I’m also against monopolies and consolidation of power in any market. We’ve let the Blackrock monster grow legs at least one of them needs chopped off.
We have something in common then. I'm pro free market, but fully believe we have to break up monopolies (and near monopolies) and enforce rules against schemes to influence market conditions.

Where we probably differ is, I think we need more controls on companies to reduce some negative impacts of profit over everything else approaches that are accentuated by capitalism.
 
Plus, people then get rent trapped and can never build equity in a home, which is one of the best ways to build wealth.
Nothing like having to pay rent that is higher than a mortgage payment you could be approved for and living in a smaller space.

And wealth from property ownership can carry to the following generation.
 
9-0 ruling to uphold the ban of Tik Tok. Some scary stuff in there.

... and what are people doing in response? Moving to Red Note, another Chinese social media option that also steals your info.

People are dumb.

 
... and what are people doing in response? Moving to Red Note, another Chinese social media option that also steals your info.

People are dumb.



Idiot GIF by Gordon Ramsay
 
The Supreme Court Upheld the US TikTok Ban. Now What? nyu edu

School of Law's Christopher Sprigman on free speech concerns and the future of social media regulation
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To legal scholars like Christopher Jon Sprigman, Murray and Kathleen Bring Professor of Law at NYU’s School of Law, the decision renews alarm around the deprioritization of free speech protections and the future of social media regulation by Congress and in federal courts. Late last year, Sprigman joined 34 other legal scholars in filing an amicus brief that outlined these concerns to the Supreme Court.

“The focus of the amicus brief was to describe the TikTok law for what it was—a gigantic speech restriction, unredeemed by any demonstrated compelling justification and not narrowly tailored to minimize the speech harm,” said Sprigman.
...
You joined 34 other legal scholars specializing in internet law and First Amendment law to file an amicus brief for this review. What drew you to this case?

The government is engaged in a major restriction of speech rights here based on a supposed national security justification. But the government has made public almost no evidence supporting its concerns. Nor has it explained why a forced divestiture, which—if it is not done will lead to a ban—is necessary as opposed to some less restrictive approach, including the “Project Texas” approach that TikTok itself put forward.

Project Texas was a program which, among other things, would put US user data and content moderation within a US-based subsidiary, and put that subsidiary under the supervision of US tech giant Oracle. These steps were designed to keep both user data and content out of the hands of the Chinese government. The government basically ignored the proposal.
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What makes this case an issue of free speech, rather than the more narrow question of national security risk?

The government itself said this case is about speech. One of the government’s rationales for the act—to limit the People’s Republic of China’s (PRC) ability to manipulate content covertly on the TikTok platform—is stating an express speech restriction, on which is both content and viewpoint-based. In other words, it seeks to suppress pro-PRC speech.
The government is arguing that ByteDance, the owner of TikTok, is acting as publisher of TikTok because it owns and uses an algorithm that can make recommendations to users. Isn’t that true for all social media platforms? What do you make of this argument?

The argument proves too much, as you suggest. And it would suggest that the government has a wide-ranging power to regulate speech on internet platforms, or indeed on broadcast platforms, if it makes a determination that such speech raises national security concerns—and that it need not offer much, or any, public evidence supporting that determination.
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What will this ban mean for the future of social media regulation?

The court has basically told other platforms that they shouldn’t worry, but the ways in which the Court has decided to distinguish TikTok are so weak that other platforms probably should actually worry. By allowing the TikTok ban to be upheld because of unique data capturing, the court is constructing a world that doesn’t exist. The data capturing done by TikTok looks a lot like data capturing on other platforms that people use on the internet. Users’ personal information is often collected, and depending on the terms of service of the site, it could be sold or transferred to third parties that may not hold it securely. This means that foreign adversaries can still get access to that data by stealing or buying it.

It’s hard to say if the court is being naive, or getting the result they want by putting TikTok in its own class—but they’re wrong.
 
I'm not really sure what to think about the Tik Tok ban. I have never used it (too old for another social media time suck), but I understand how valuable it can be for young people. Also, how dangerous it can be. My main problem is that Meta and Twitter seem to do a lot of the same things that is getting Tik Tok shutdown. Those companies just happen to be owned by US based billionaires that donate a ton of money to political campaigns and lobbying.
 
I'm not really sure what to think about the Tik Tok ban. I have never used it (too old for another social media time suck), but I understand how valuable it can be for young people. Also, how dangerous it can be. My main problem is that Meta and Twitter seem to do a lot of the same things that is getting Tik Tok shutdown. Those companies just happen to be owned by US based billionaires that donate a ton of money to political campaigns and lobbying.

Yeah I understand the argument that they’re just banning it because they can’t regulate or control it like Facebook or X. But it’s also like “well yeah that’s a good thing.” Make it any other industry. If you don’t follow our laws or regulations sorry you can’t do business here. I still lean toward banning Tik Tok because although US tech companies also gather and sell our data, Tik Tok does it for nefarious purposes.
 
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