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Jun 15, 2023 • 6 tweets • 2 min read
Ex-Google CEO Eric Schmidt in 2010, “The average American doesn’t realize how much of the laws are written by lobbyists.”
Schmidt increased Google’s lobbying budget 23,650% during his tenure from roughly 2003 to 2020.
Schmidt invested in Astra, a rocket startup, which was selected by the Air Force AFWERX program for its Rocket 5.0 program.
Schmidt was a proponent of AFWERX’s creation in 2018 and promoted the program through testimony to Congress and as Chair of the Defense Innovation Board.
Mar 29, 2023 • 4 tweets • 2 min read
🧵What is the RESTRICT Act and why is it bad?
The RESTRICT Act is legislation authored by @MarkWarner and @SenJohnThune targeting TikTok. It's goal is to review TikTok and it's national security threats. However, it does much more. 1/x
The bill includes language that would allow the Secretary of Commerce to take action "enforcing any mitigation measure to address any risk arising from any covered transaction by any person". This language is too broad for a bill that should have on specific purpose. 2/x
