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Monday, September 21, 2020

Trump demanding $5 billion from TikTok deal for right-wing propaganda effort

Has Donald Trump really lost his mind this time? Donald Trump is claiming that the tentative TikTok deal involving Oracle and Walmart, will include a $5 billion fund to "educate people" about the "real history of our country." Trump talked about this fund at a rally in North Carolina on Saturday night. TikTok's Chinese parent company ByteDance said it was news to them. The Los Angeles Times in reporting:
Doubts surround ‘education fund’ connected to TikTok deal

20 September 2020
By Demetri Sevastopulo and James Fontanella-khan
President Trump has given his “blessing” to Oracle’s partnership with ByteDance to operate TikTok, but his claim that the companies would finance a $5-billion “patriotic” education fund has raised questions about the deal to allow the app to operate in the U.S.

The president said he had given “preliminary” approval for the deal that Oracle and ByteDance, the Chinese owner of the short-video app, proposed to alleviate concerns about protecting U.S. national security.

But in a new twist in the more than week-long negotiations between the companies and his administration, Trump said his team was talking to them about funding a venture that would teach American children about the “real history of our country.”

“We have a deal worked out,” Trump told supporters in North Carolina on Saturday. “They are going to pay $5 billion into a fund for education so we can educate people as to the real history of our country. We are getting very close to that deal.”

However, ByteDance said in a statement Sunday that it had first heard about the $5-billion education fund from media reports. More...
I am presently beyond words as to how wrong this is. More on that later. I guess after he got away with extorting the president of Ukraine, he has come to feel there are no limits. More probably though, this is just another diversion. He knows it will never fly. That people will be outraged. He just upended the deal, because he doesn't want a deal. He wants to silence TikTok users.

Clay Claiborne
My others posts on Trump's war on TikTok: 

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