Tuesday, October 26, 2021

Keep an Eye on This...

...it will be the Canary in the Mine case.

If the Justice Dept./SEC don't act to stop Google and Facebook's blatantly illegal actions - Google acting as a monopoly, and Facebook facilitating it - it will be clear to the Thinking Person that the USA is bought and paid for by Big Tech/Big Money.

Well, it HAS been, that's obvious (except to the Stupid/Left). But, I expect that the enforcement divisions of the Federal government and the SEC will promptly take all evidence, put it "Under Investigation", refuse to talk about it, as an ongoing case, and, eventually, deliver a Stinging Slap on the Wrist to the offending companies and their leadership. Perhaps with a token fine that amounts to less than 0.1% of a day's profit.

BAD company!

At that point, they will move into their "THAT is already adjudicated, and is yesterday's headline!" phase. A brief period during which prominent politicians carefully avoid taking DIRECT money from the offenders, then back to normal.

[That Direct Money thing? The companies will donate to "good works" as part of their "We're SO sorry, and here's some money to ease our 'conscience' schtick. That money will then trickle down to the politicians that it was always intended for, without DIRECTLY having their fingerprints on it. See the links to and from the Tides Foundation, on Discover the Left,which explains the laundering process.]

The main trouble with these complicated schemes is that the average person, hearing about them, has a MEGO Moment (My Eyes Glaze Over). It's not rocket science, which I actually know a little about, being a former physics teacher, but it requires sufficient attention and brain activity to follow a multi-step process (I would LOVE for the guy who wrote The Big Short to explain this, using a video presentation).

I am lucky enough that I actually took some business classes, including accounting, marketing - my professor included some basic stock market background, and I was interested enough to learn more, and business law. The UCC had just come out with a revision, so I had the textbook that included it. Much of it is actually readable and comprehensible - as many laws are, if you take the time to read them. 

I got sufficient knowledge of the stock market and the SEC that I understood the basics. At least enough to realize, when Martha Stewart got indicted by the SEC, that she had been hit with a sketchy case, and, if not a celebrity, wouldn't have faced more than a small fine.

So, I have long been aware of the political dimensions to prosecution, and the extent to which the press would gladly cover it up, if they could just be fed the information ahead of other reporters, and get to cover a perp walk. That was during the Bush-Cheney administration, lest we forget that the Dims aren't the only villains here.

No comments:

Post a Comment