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Comment Re:And once the bubble pops... (Score 1) 65

Strongly disagree. They can only have the money back if no shovel has been turned, literally or metaphorically. By the time construction has started there's already been disruption to the community. All or nothing, fuck those fucking fucks.

I was using the escrow to ensure funding for the utility work, e.g. they say they are paying for power / transmission line / water / other utility upgrades. This prevents taxpayers being left holding the bag if the company goes bankrupt or wants to cancel the project after updates are committed. I have no problem with them canceling the project, but after the upgrades start they will not be able to go, "Oops fingers crossed!"

Projects can fail, but this way if it fails it won't negatively affect utility ratepayers. This will not prevent issues with taxes, but that's a risk with any project unfortunatley.

Comment Re:And once the bubble pops... (Score 4, Insightful) 65

Imagine several hundred acres of junk building sitting fallow not paying taxes, near impossible to sell because it's so specialized.

Even the ones that get approved should have to put the money for upgrading utilities into escrow BEFORE they receive approval. They can have the money back if the project falls through and the utility work hasn't started, but if it has started even if the wholly owned subsidiary goes bankrupt (or the project fails) the citizens won't be stuck paying for a new power plant or other utilities.

Personally speaking most of these are going to become anchors tied to the necks of communities that approve their existence. Even if they succeed as data centers, speaking as someone who has to visit extremely large centers, most of the jobs are NOT high-paying. Heck, many of the jobs are third party contractors like maintenance (cleaning, lawn, et al.) or security. A lot of the high-paying jobs are people who will not live nearby, with remote hands being the most common technical job. On average the highest paid people that will be on-site will only be there when something like lifecycle (hardware replacement) happens.

Comment Re:Have you tried not breaking the law? (Score 1) 112

There is no question they are subject to local laws, but they go far beyond their local jurisdiction and determine their fines based on global revenue. The more comparable analogy is if China made revenue of 1 / 100th of their business in America and America decided 100% of the business has to follow American law and 100% of that business get used for fines. It's completely unfair.

Try to move the goalpost, nice. You are saying the US is being unfair at that point because we fine (all) companies using the same logic as the EU.

Try again?

Again the simplest solution is for him to withdraw Twitter from the EU if he doesn't want to follow the rules.

Comment Re:Have you tried not breaking the law? (Score 1) 112

He could've just stopped offering Twitter in the EU. After all nobody is forcing him to do business there if it's really that bad for the company.

I mean does he, or do you, think that Chinese companies shouldn't be subject to American law when doing business in the America?

Comment Have you tried not breaking the law? (Score 2) 112

No, seriously, stop breaking the law.

I mean is GDPR / DSA / DMA that bad? In the absolute worst case nobody is forcing you to do business in the EU.

Facebook, Apple, Google, et al., can just do what other (much smaller) companies do and block access to their sites from the EU. I see it when I'm in the EU and perusing news articles from home. Sometimes I click on one link and I'm blocked because they don't want to follow EU rules.

The same can be said for the fact nobody is forcing Apple or Google to sell phones in the EU. Amazon isn't being forced to sell goods to people in the UK or EU.

Comment Privacy Concerns (Score 1) 33

This is why any proposed clones of GDPR, DSA, and DMA absolutely terrifies us tech companies. The EU is further along, but it appears that more and more people in the United States are starting to severely dislike lax corporate data standards. That's why they've spent so much money on US legislators, and even helped push Trump into losing his marbles over the three.

They know any real crack in the wall will lead to them rapidly losing their unlimited power over data. That's also an abject fear of Palantir and Flock Safety.

Comment Re:Just think (Score 1) 63

Most cults collapse when the figurehead dies. Dear Leaders death will create an interesting power vacuum and struggle for control. The MAGA movement goes back to the TEA party which was started because of Obama.

Keep in mind that many cults where the leader dies suicide rates will spike, but you might also see the "righteous" turn violence, when the cult leader dies. The violence in this case would likely be stoked by conspiracy theorists who would be looking for someone to blame for Dear Leader's death.

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