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by beckler 2991 days ago
Imagine if a foreign company bought Sinclair.
3 comments

What makes you think they're not already somehow manipulated by foreign interests? How would you know?
Foreign interests? Domestic interests? I struggle to see the difference when it's all said and done. In either case the spirit of the republic is spat on. In either case, We The People get some perverted version of a gov said to be: of the people, by the people, for the people.

Death is still death whether by foreign cancer of domestic cancer.

If you trust (e.g.) Wall Street more than you trust (e.g.) The Russians then I have a bridge you might be interested in. Given their presumed loyalty - but ultimately the lack there of - the former's violations are relatively worse.

Let's not be naive.

I stand corrected. Foreign or domestic, their interests don't align with the US public at large.
IIRC China recently bought a major Hollywood studio.

Also notice the increase in token Chinese actors in recent blockbusters.

Transformers even had some CCP pandering in the script.

The self-censorship this brings is a real problem.

That's more for making the movies popular in China than for manipulating American attitudes.
It would be blocked. Just last month for example the administration blocked Singapore-based Broadcom from a takeover bid of Qualcomm on national security grounds.

https://www.nytimes.com/2018/03/12/technology/trump-broadcom...

Not a fan of any of these folks, but if Trump is willing to do a USPS audit pony show just because he's in a kerfuffle with Amazon's WaPo, an international takeover of a large media conglomerate is highly unlikely.

Amazon does not own WaPo. This distinction is important.
How about this, the guy who owns the Washington Post is the founder and a major stakeholder of Amazon.
Of course not. The point is billionaires get into pissing contests by attacking whatever flank or asset is the easiest target.
I don't think you can generalize this to "billionaires". More like "one specific 'billionaire'".
While blocking large foreign buyouts is probably a win for the US I still wouldn't trust the admin to do so reliably. Just throw a few hundred bucks their way.