Knightfox
@Knightfox@lemmy.world
- Comment on We Should Immediately Nationalize SpaceX and Starlink 3 weeks ago:
A lot of people are calling this a bailout for Elon, but in reality it would be a seizure. Elon doesn’t want to let go of Starlink and the US likely wouldn’t pay him what it’s worth to take it over.
What people seem to be missing is the precedent this would set. It’s also well and good when we empower the office of the president to seize a private company we don’t like, but after we give them that power what’s to stop them from seizing other businesses?
XYZ company refuses to get rid of their DEI policy because the shareholders voted to keep it? Well now the orange man can seize it.
Let’s not forget that previously it took 2/3rd majority to confirm presidential appointments, but the Senate under Obama decided to change that rule to 50% to get past Republican objections. The result of this is all this shit appointments Trump has passed with 51% of the Senate, none of them would have gotten by if the Democrats hadn’t made a precedent for changing the rules.
- Comment on lemm.ee is shutting down at the end of this month 3 weeks ago:
New phone, who dis?