TikTok
In Truth Social post on Sunday morning, Trump, who takes office tomorrow, asked companies "not to let TikTok stay dark."
"I will issue an executive order on Monday to extend the period of time before the law's prohibitions take effect, so that we can make a deal to protect our national security. The order will also confirm that there will be no liability for any company that helped keep TikTok from going dark before my order," he wrote.
He added: "I would like the United States to have a 50% ownership position in a joint venture. By doing this, we save TikTok, keep it in good hands and allow it to say [sic] up. Without U.S. approval, there is no Tik Tok. With our approval, it is worth hundreds of billions of dollars - maybe trillions. Therefore, my initial thought is a joint venture between the current owners and/or new owners whereby the U.S. gets a 50% ownership in a joint venture set up between the U.S. and whichever purchase we so choose."
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Is Trump advocating that the U.S. government should own half of TikTok? That's ludicrous.
Also, Trump's unfortunate cognitive degradation is evident in his writing.
In the world I see, you are stalking elk through the damp canyon forests around the ruins of Rockefeller Center. You'll wear leather clothes that will last you the rest of your life. You'll climb the wrist-thick kudzu vines that wrap the Sears Tower. And when you look down, you'll see tiny figures pounding corn, laying strips of venison on the empty carpool lane of some abandoned superhighway.
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Originally Posted by ClydeR
