Facebook’s baby-faced founder, Mark Zuckerberg, had to pay a five million dollar fine to the Federal Trade Commission to try to atone for its repeated violations of FTC rules.
Facebook is major big, and is, in essence, a monopoly, leading progressive Democrats such as presidential candidate Elizabeth Warren to call for Zuckerberg’s dreamchild to be broken up or regulated.
Enter House Minority Leader Kevin McCarthy (R-Cal.), who emphatically says no (https://www.nytimes.com/2019/07/14/opinion/kevin-mccarthy-privacy-blockchain.html?smid=nytcore-ios-share).
In his post, McCarthy says that government regulation of social media companies like Facebook and Google is impractical, unnecessary, and contrary to the GOP view that the free market is the only way anything should happen in the land of the free.
Associate solitary reporter Melissa Smith, who covers Congress for us, spoke sharply to McCarthy early this morning and reminded him that it was mostly his fault (for always supporting Donald Trump) that the Democrats took back the House in November.
McCarthy pushed back against ASR Smith, telling her (his words) how thrilled the GOP is that Nancy Pelosi and AOC and her squad are having a cat fight.
But in the face of solid evidence that the Republicans are giving Trump a free pass on his racist tweets against AOC et al. (https://www.politico.com/story/2019/07/15/trump-attacks-freshmen-congresswomen-1415852), Leader McCarthy had to admit to Smith that his party is a dinosaur and that a Democrat will become president on January 21, 2021.