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media and media people

Twitter’s Election Interference

Twitter, Facebook, YouTube … they sucked us in by pretending to be non-​biased platforms for everybody, yet now suppress content that chiefly rubs against one set of clients, supporters of the Democratic Party.

The current case regards the water-​damaged computer of (reportedly) Hunter Biden, the content of which reached the New York Post by way of Trump lawyer Rudy Giuliani. But the bigger story is that Twitter won’t allow links to the Post’s reporting, going so far as to lock the Post’s primary account; Facebook has also tried to suppress the story. 

Now it’s blowing up everywhere.

It’s bad for the Bidens: emails suggest the former Vice-​President played more of a role than previously claimed in what has always looked improper — no, corrupt — except to most mainstream media.*

No wonder, then, that we hear calls for government regulation of social media.

Shivers down my spine.

But what I have not heard? Giving Democrats a dish of what they love: federal campaign finance law.

Does not social media’s clearly uneven content suppression amount to material support for one set of political candidates over others? Why not stick Democrats with their own beloved regime?

But great minds think alike: while proofreading the above, I found a tweet by Lee Spieckerman, a Texas media specialist: “The @TheJusticeDept should immediately begin investigating @jack [Twitter’s CEO] for illegal in-​kind campaign contribution to @JoeBiden.”

While I oppose campaign finance regulation, we must not** let such regulations only be used by one side against the other. 

Yet maybe if we make the threat, social media will come to its senses, and Democrats will see the error of McCain-Feingold.

Too crazy? Or the right amount of 2020 crazy?

This is Common Sense. I’m Paul Jacob.


* A state-​connected Chinese bank and a well-​connected Russian woman lathered Hunter up with millions and billions of dollars for only one plausible reason: his father’s position in our government. Hunter Biden joined that Ukrainian oil company board after Joe Biden became point-​man for our country’s Ukrainian policy.

 ** In the past, I have addressed this notion of applying bad regulations equally, including campaign finance laws specifically.

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Categories
insider corruption

Nepotism Today

The Democrats’ impeachment of Donald Trump has made us all familiar with Joe Biden’s son, Hunter — for his Burisma boardroom gig, anyway. Raking in millions despite lack of knowledge of the country or the business of the Ukrainian corporation in question certainly has the appearance of corruption.

But don’t forget Chelsea Clinton, also recently in the news.

“Chelsea Clinton reaps $9 million from corporate board position,” read the headline at The Hill, referring to her position on the board of IAC/​InterActiveCorp (ticker: IACI). That’s a bit of spin, since the Barron’s article it’s based on has a more informational headline: “Chelsea Clinton’s IAC Stock Is Now Worth $9 Million,” which clearly shows that it is not her $50,000 per annum retainer that’s making her rich. 

It’s her annual booty of $250,000 in restricted IAC stock units that’s the source of her boon. 

And the fact that IAC stock has increased “89%, 50%, and 36% in 2017, 2018, and 2019, respectively.” 

Since the company is going gangbusters, her position doesn’t look worthless.

But why would she be valuable?

There’s no more evidence for her ‘business genius’ than for Hunter’s.*

It’s connections that matter, especially those that make up the systemic corporatism of our Big Business/​Big Government reality.

And that family angle? Well, economist Joseph Schumpeter argued that class is based on family success, coordinated and accumulated generation by generation. But since the advantages that the children of Democratic pols bring to corporations actually depend on government policy, this makes modern technocracy look less democratic and more old-​fashioned oligarch.

This is Common Sense. I’m Paul Jacob.


* Chelsea Clinton holds a Doctor of Philosophy in international relations from the University of Oxford. And, by the way, she also doesn’t “care” about money.

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