Transcript:The Trump administration is reportedly about to pocket a whopping 10 billion dollars from the president's TikTok deal, cashing in big time as investors take control of the app's U. S. operations from Chinese parent ByteDance. Oracle, Silver Lake, and Abu Dhabi's MGX are leading the charge, having already forked over 2.5 billion dollars to the Treasury when the deal closed in January, the Wall Street Journal reported. Trump said in September of the deal, "It hasn’t been fully negotiated, but we’ll get something.” He emphasized that "The United States is getting a tremendous fee-plus. I call it a fee-plus. just for making the deal and I don’t want to throw that out the window.”The 10 billion dollars haul is nearly unheard of for a government brokering a deal, the Journal noted. Investment bankers typically rake in less than 1% on transactions. Bank of America is set to make just 130 million dollars advising on a 71.5 billion dollars railroad deal, one of the largest fees ever recorded. Administration officials say the massive fee is justified since Trump saved TikTok from the ban and navigated tricky negotiations with China while addressing lawmakers' security concerns about Americans' personal data. This TikTok fee is just the latest example of the administration's expanding business portfolio. Trump's also holding stakes in Intel and Nvidia chip sales, plus wielding influence over U. S. Steel through Japan's Nippon Steel takeover. The Journal's report astonished tech reporter Karl Bode, who wrote on Bluesky, "this is just open and abject corruption, but the way U. S. journalism frames it you'd not really understand that there's anything untoward.""Like maybe you'd want to explain, you know, ANYWHERE in the article, that this is not f---ing normal and that the 'national security' and 'privacy' improvements weren't real? Maybe quote an objective expert or academic?"Law Dork's Chris Geidner wrote on Bluesky, "JFC. Impeach and remove this lawless man, you fools."Forbes journalist Kieran Meadows wrote on Bluesky, "Anyone remember when there was this little thing called a lawthat banned TikTok in the U. S.? It was passed by Congress and signed by the President so it was indeed a law Like if that means nothing, does anything mean anything anymore?"Entomologist and photographer Alex Wild wrote on Bluesky, "Maybe you could report plainly that this is corruption and it is illegal."Stephen Soldz, a psychologist and psychoanalyst, wrote on Bluesky, "The regime gets brokers' fees? Silly question: Who decides what is done with that money? The Crook-in-Chief?"Our Analysis:Analysis of the Trump Administration's TikTok DealThe reported deal between the Trump administration and TikTok, as described in the article, presents a complex intersection of political power, economic interests, and national security considerations. The framing of the article and the reactions it elicited on social media platforms like Bluesky highlight a mix of outrage, confusion, and calls for accountability. This analysis seeks to dissect the various elements of the situation, focusing on the distribution of responsibility and the accuracy of the criticism.Who Holds Institutional Power?The primary holder of institutional power in this scenario is the Trump administration, specifically the executive branch of the U. S. government. The President, supported by his administration, possesses the authority to negotiate deals related to national security and foreign investments under laws such as the Defense Production Act and the Committee on Foreign Investment in the United States (CFIUS) guidelines. This power allows the administration to intervene in transactions involving foreign entities that may pose a threat to national security.Decision-Makers and OutcomesThe decision to negotiate a deal that resulted in a 10 billion dollars fee for the U. S. government from the restructuring of TikTok's U. S. operations was made by President Trump and his administration. This decision was ostensibly made to address national security concerns related to TikTok's Chinese parent company, ByteDance, and the potential for data privacy issues. The administration leveraged the threat of a ban to force the sale and restructuring of TikTok's U. S. operations to entities deemed acceptable by the U. S. government, including Oracle, Silver Lake, and Abu Dhabi's MGX.Framing and Misdirection of ResponsibilityCritics, as cited in the article, accuse the Trump administration of corruption and illegal activity in relation to the deal. The framing of the situation by various journalists and commentators suggests that the administration's actions are not only unprecedented but also possibly unlawful. However, this analysis must consider whether the framing misdirects responsibility or accurately identifies the locus of control.The Trump administration, wielding the institutional power to make this deal, bears responsibility for its outcomes, including the financial gains for the U. S. Treasury. The critique of this being "open and abject corruption" hinges on whether the administration exceeded its legal authority or misused its power for undue financial gain. The National Emergencies Act and other legislative instruments provide the President with broad powers to address national security threats, but the ethical and legal nuances of profiting from such actions remain contentious.The criticism appears valid in highlighting the abnormality of the government receiving a "fee-plus" from such a deal, contrasting sharply with typical government transactions or interventions in the private sector. This departure from normative governance practices warrants scrutiny.ConclusionsInstitutional Power: The Trump administration, utilizing its executive powers, orchestrated a deal that falls within its jurisdiction to address national security concerns related to foreign investments in the U. S.Decision Making: The decision was made by the administration with the goal of mitigating perceived security risks. The financial benefit derived from this deal, however, raises questions about the motivations behind such decisions.Framing and Responsibility: While the article and subsequent social media commentary may lean towards sensationalism, they do not misdirect responsibility. The administration's actions, given its control and decision-making power, are the central focus of the critique.In sum, while the legality of the Trump administration's actions regarding the TikTok deal may be debated, the ethical implications and the departure from conventional governance practices are clear grounds for criticism. The administration's direct financial gain from the deal is an extraordinary aspect that merits further examination and discussion, particularly regarding the precedent it sets for future executive actions in similar contexts.s
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