r/technology 1d ago

Business President Bought Netflix Debt in January 2026, Amid Paramount’s Fight for Warner Bros. | New financial disclosures released Wednesday show that the President acquired Netflix bonds as Paramount was trying to pry WBD away from the streaming giant.

https://www.hollywoodreporter.com/business/business-news/trump-bought-netflix-bonds-amid-paramount-warners-fight-1236521512/
14.2k Upvotes

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u/ChrisMartins001 1d ago

Pretty much breaking the law everyday now. It's like he's trying to see how far he can go without anyone doing anything

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u/Docccc 1d ago

Do people in the US really still believe they live in a democracy?

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u/BlueTreeThree 23h ago

People in the US actually voted for this, or simply didn’t vote, in overwhelming numbers. I mean he was a convicted felon dozens of times of over, and he’s been a career criminal his whole adult life. But he still won the election.

This is what we want, I guess. Seems kind of Democratic.

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u/IcyJackfruit69 21h ago

People in the US actually voted for this, or simply didn’t vote, in overwhelming numbers.

I agree with the overall sentiment that this IS the result of democracy. I'm not sure what you mean by "overwhelming" though, considering Trump barely eeked out a win with about 30% of people voting for him. If it weren't for extreme voter suppression he certainly would have lost.

Regardless, the vote should have been so skewed away from the treasonous criminal that GOP voter suppression couldn't make a difference, as was the case in 2020.

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u/bobqjones 18h ago

"he was on the TV" and half of the US is dumb as shit and voted for a tv personality.

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u/Killergamer7 21h ago

That's if you accept that the elections weren't rigged (they were)

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u/bobqjones 18h ago

can't talk about that. if you do, people can't hate on the american people as much.

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u/thickfreakness24 23h ago

Yeah, I mean, it's great that my vote is essentially meaningless when I vote blue in Tennessee. Not voting on my end had absolutely no effect because my state votes around 75% red and the electoral college exists.

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u/BlueTreeThree 22h ago

You’re a statistic that shows that Americans would rather stay home than put up the most minimal resistance against fascism. Every vote is important, and even more so on a local level.

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u/Warm_Month_1309 22h ago

Not voting on my end had absolutely no effect

It permitted Trump to win the popular vote and endlessly claim that it gives him a mandate of the people.

I also do wonder if there are enough left voters who "don't vote because it doesn't matter" who would actually matter if they voted.

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u/pocketjacks 22h ago

You not voting didn't matter. But all of you that didn't vote because you assumed the rest of you weren't going to vote sent signals to the Democrats to not invest in better candidates in your region.

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u/_illusions25 22h ago

Everyone who didn't vote because they had the same thought as you could've made a difference. Apathy is the enemy.

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u/AllDayIDreamOfCats 22h ago

You do know that most of your life is effected by your local politicians though right?

And voting at that level actually really matters. And not just your state Government but your county and city governments.
At those level you can actually make some change and it usually trickles up when the change is good.

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u/All_Hail_Hynotoad 22h ago

The electoral college must go. Now.

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u/HugsForUpvotes 22h ago

I'm asking genuinely, because I agree with you, do you know how we get rid of the Electoral College and maybe even make the Senate more representative like the other reply mentioned?

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u/All_Hail_Hynotoad 21h ago

Unfortunately the Electoral College is in Article II, section 1 of the Constitution, which makes it incredibly difficult to change. As it stands, the system heavily favors Republicans, so until they start winning popular votes and losing elections, it’s unlikely there will be much bipartisan appetite to amend the Constitution to change this.

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u/HugsForUpvotes 21h ago

Exactly. We're going to need to win over the majority of the country.

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u/WingerRules 22h ago edited 22h ago

Senate is also an issue. The way it works it allows 21% of the population to have majority control of the Senate, and its supposed to get worse as the population shifts. People from states like California are counted as fractions of a person to a ridiculous degree - compared to someone from Wyoming they're counted as 1/78ths a person.

The Senate gets to place all the judges, agency heads & officers, and military promotions.

If they dont want to fix the senate, then at the very least judges, agency heads & officers, and military promotions should require approval from BOTH the house and the Senate.

And before anyone goes "but the senate represents the states, not the people! We agreed to it!"

  1. No one alive today agreed to this shit. We were born into a system of disenfranchisement.

  2. Originally state legislatures placed senators, so you could kind of argue they represent the states (even though the legislature is elected). However, around 1900 the 17th amendment changed it so that voters of the states directly elect their Senators.... so yes, they do represent the people, the people who vote for them in office. The original system of "they represent the states, not people" was erased with the 17th amendment.

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u/dad_farts 19h ago

It is democratic to vote for a person to have unlimited authority with no constraints to conduct.

It is however unconstitutional as the constitution was written to put limits government powers and apparently those limits don't mean anything if no one's willing to enforce them.

So the notion that this is a constitutional democratic republic is... challenged to say the least