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To: Leaning Right

“Google is a private company.”

No. It. Isn’t.

I don’t know why FReepers keep repeating this falsehood.

Google is a PUBLIC company. Big difference.

A publicly traded company (i.e. offers shares for sale to the public) cannot, under federal law, contribute to, or try to influence, federal elections:

https://transition.fec.gov/pages/brochures/fecfeca.shtml#Contribution_Limits

This is regulated under 52 U.S. Code 30118.

Here are more specific details and definitions...

https://www.law.cornell.edu/uscode/text/52/30118

Note the definitions of “contributions” and “expenditures”. For this section and section 79l(h) of title 15, these include “any services, or anything of value”.

These social media companies are engaging in organized crime, criminal racketeering, criminal fraud, and money laundering. Allowing employees to use their company-paid time to engage in federal election activities is criminal. Management who knowingly permit this should be criminally charged. Using these resources illegally also means the CEO and other executives are willfully neglecting their fiduciary responsibilities to shareholders and knowingly putting these investments at risk. They should go to prison for a long time.

NONE of these things apply to a privately held company such as Free Republic.


59 posted on 07/29/2020 7:26:26 PM PDT by unlearner (Be ready for war.)
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To: unlearner

> Google is a PUBLIC company. Big difference. <

Thanks for that info.


64 posted on 07/30/2020 5:53:51 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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