take,our lead let's help you make your mark,our goal is your satisfaction let us,show you the way,related coverage bite dance founder john,yiming resisted the sale of tick tock,last year despite calls from his large,western investors to do so,bite dance which counts general atlantic,and sequoia capital among its,backers was valued at 180 billion,dollars in december,according to investment data research,company pitchbook,take our lead the app has been banned by,the government of india since,june 2020 along with 223 other chinese,apps in response to a border clash with,china,pakistan banned tick tock citing immoral,and indecent videos on the 9th of,october 2020,but reversed its ban 10 days later on,the 19th of october 2020.,take our lead gluck's statement,also said tick tock's chinese parent,company,fight dance will have no ownership over,tick-tock global,americans will be the majority and bite,dance will have no,ownership in tick-tock global gluck's,statement said,meanwhile bite dance said monday it will,own about an 80,stake in tick-tock global,take our lead the indian government said,the decision to ban the apps was to,protect the data and privacy of its 1.3,billion citizens,and put a stop to technology that was,stealing and surreptitiously,transmitting users data in an,unauthorized manner to servers outside,india,make your mark take our lead,there are no tick tock shares on the,stock market because bite dance limited,tick tock's owner is privately held,bite dance has plans for a tick tock,global initial public offering,ipo in the united states but they have,announced no date for the ipo,let's help you make your mark,the injunction means that tick tock will,remain online and usable in the united,states past november,tick tock was set to be effectively,banned in the united states on november,12,after president trump issued an,executive order in august,stating it was a national security,threat due to its parent company's ties,to china,make your mark take our lead,according to them a tick talker can earn,between 200,and 20 000 for a branded video,the earnings depend on the number of,tick-tock followers you have and your,engagement rate,meaning how often users interact with,your account and like and leave comments,on your short videos,take our lead six months ago,tick tock was on the verge of being,banned in the united states for its,alleged ties to the chinese government,tick tock was first targeted by the,trump administration in 2020,when then president donald trump nearly,banned the platform in the u.s,after it was labeled a national security,threat,thank you for watching please subscribe,and hit the bell notification
Let's move on to the first section of what company owns tiktok
How China Uses TikTok To Spy On You
How China Uses TikTok To Spy On You
product and public policy us
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Continue the next second section about what company owns tiktok
Who Owns TikTok and How Big Is Tiktok.
Who Owns TikTok and How Big Is Tiktok.
tick tock,pretty much everyone knows that name by,now,but not everyone realizes how big the,company really is and how much influence,it has after facebook instagram twitter,and snapchat captured the social media,market space,it was difficult to imagine how any,other social media platform could,penetrate the market,tiktok does not share the first origin,stories of the other social media,juggernauts,it was not created in a garage,or home somewhere in the silicon valley,rather tick-tock was a match of two,social media apps,what we know as tik-tok today was,created in china but under a different,name,launched by the company by dance in,september 2016 the app was originally,known as a me it was later renamed du,yin,in december of 2016.,the creators of the app took 200 days to,set it up,and within a year of his launch louie,had over 100 million users,with an average of more than 1 billion,video views on the platform every single,day,but do ying was never meant for the,chinese market alone,by dan's founder zhang yiming made that,very clear,according to him going global was a must,in september 2017,doing was launched in the international,market under a different name,tick tock,and by january 2018 the app was ranked,as number one free download app an app,store in thailand and host of other,countries,but it was the move the by dance made in,november 2017 that would launch tick,tock into global relevance and make it a,social media phenomenon,on november 9 2017,by dance tick tock's parents company,purchased another startup called,musically,for 1 billion dollars,musically was headquartered in shanghai,china,but it also had an office in santa,monica california,musically was released in 2014 the app,allowed users to create short lip-sync,and comedy videos and it was quite,popular among young audiences with,musically tick-tock saw an opportunity,for expansion in the u.s,and to make the best of that opportunity,tick-tock merged with musically in,august 2018.,the merch saw the end of musically as a,stand-alone app,with existing accounts and musically,consolidated into one app,and now only known as tiktok outside,china the merch was a brilliant success,immediately tick tock enjoyed,unprecedented attention in the us with,the celebrities like jimmy fallon and,tony hawk signing out for the platform,since then there have been more,celebrities joining the tik tok,bandwagon,including likes of jennifer lopez will,smith jessica alba and justin bieber,after merging with musically in 2018,tiktok became the most downloaded app in,the u.s october 2018,and by february 2019 together with do,ying in china tiktok hit 1 billion,downloads mark for global downloads,it became the most downloaded app on the,apple's app store in 2018 and 2019,outgoing facebook instagram and youtube,the secret of tick tock success lies in,the app's extremely powerful algorithm,that allows the app to learn about the,content that user likes to see faster,than any other social media app many,users spend most of their time on the 4u,page on the app,here tick-tock's algorithm puts together,a collection of user-specific content,based on the content user have,previously interacted with,on this page the app also presents,content that it thinks could go viral,regardless the number of followers that,the content creator has,ticktack offers users a huge database of,songs filters and movie clips that they,can lip-sync to,this array of diverse content available,on the app has led to a merge of several,communities within the app brought,together on basis of the type of content,they enjoy,or,on their sense of identity,the app has become a hub for viral,content turning out a plethora of viral,dances and bizarre trends the user base,has also become so powerful that it has,created a new crop of internet,celebrities like edison ray and charlie,dimelio turning them into overnight,superstars,but the growth of tick tock has been far,from smooth the app has been the object,of serious exclusivity from various,countries including india pakistan and,most famously the united states of,america,in 2020 pakistan banned tick-tock on the,basis of proliferation of immortal,content,however in 10 days after the initial ban,it was reversed,but in march 2021,a court in pakistan ordered a fresh pen,on the app after considering several,complaints made over indecent content on,the app,countries like india and the united,states had other issues with the app,different from indecency and immortality,from india a country where the app,initially experienced rapid growth,tick-tock was described as prejudicial,to the sovereignty and integrity of,india defense of india security and,state of public order the concern from,the indian government stemmed from the,mistrust of the chinese government and,so on june 29 2020,tick tock was completely banned in india,along with 223 other chinese apps,the united states also had a major,security concerns about tick tick-tock,former u.s president donald trump,attempted to ban t
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What is ByteDance? | CNBC Explains
What is ByteDance? | CNBC Explains
Its apps have threatened the dominance of
Facebook and Instagram.,It has even been touted as a rival to news
sites such as Buzzfeed.,ByteDance is arguably one of the biggest app
companies in the world.,Valued at over $100 billion dollars, ByteDance
is also one of the most valuable tech start-ups.,It was only in recent years when the company
made headlines for its apps,such as Toutiao, and its most popular product TikTok.,But now the company is finding itself in the
crosshairs of Washington,amid rising geopolitical tensions between the U.S. and China.,Chinese tech companies have been expanding
globally in recent years and ByteDance is no exception.,However, its path to prominence has been unique,
considering the Chinese behemoth was only,founded in 2012 by tech entrepreneur Zhang
Yiming, who was then 29.,Casting himself as a tech maverick, Zhang
launched ByteDance in 2012 without taking,a single cent from the Chinese trinity of
Baidu, Alibaba and Tencent,,while becoming embroiled in lawsuits against his domestic rivals in the process.,Its first of many apps, Neihan Duanzi, was
a platform for jokes in the form of memes,and short videos, boasting 30 million users
at one point.,However, its flagship app was Toutiao, an
algorithm-based news aggregator app powered,by artificial intelligence.,By using machine learning, the app generates
a personalized content feed catered to each user.,Barely one year after its founding, Zhang,
who was a former Microsoft employee,,trained his sights on the global stage to compete
with the likes of Google and Facebook.,Douyin, an app tailored to short videos typically
lasting for 15 seconds,,followed four years later, capturing the domestic Chinese market by storm.,If that sounds familiar, that’s because
ByteDance managed to replicate its success,in Douyin with an international version: TikTok.,In 2017, ByteDance acquired Chinese social
media network Musical.ly — which was wildly,popular in the U.S. and Europe — and merged
the lip-sync app with Tiktok,allowing it to capture a sizeable international market.,By 2020, TikTok boasted 100 million users in the U.S. alone,with over 2 billion downloads worldwide.,Other notable apps in the ByteDance stable
include Helo, a social-media app catered to,the Indian market, and BaBe, a news aggregator
app in Indonesia.,Together, these apps generated about $2.9
billion in profits in 2019,with the bulk of its revenue coming from advertisements.,But why are ByteDance’s apps so popular?,For one, the company’s strength lies in
artificial intelligence.,From video streaming apps to news services,
ByteDance leverages on artificial intelligence,to draw users to its apps and get them hooked.,During the 2016 Olympics, ByteDance co-created
an AI writing bot that wrote hundreds of,short articles for Toutiao.,One such article, which had 50,000 views, was published just two minutes after an event had ended.,The bot, which has more than 150,000 followers
on social media,,has since written over 600,000 articles.,It is the same AI that powers TikTok, tapping
on information such as location data,and viewing habits to create personalized feeds that are addictive.,In 2019, TikTok was the 6th most actively
used app worldwide, with its users spending,68 billion hours on the platform.,As the company’s fortune rose, so did the
scrutiny of its products, amid growing concerns,about its Chinese ownership and the privacy
of its users’ data.,In August, U.S. President Donald Trump issued
executive orders requiring TikTok to,shut down in the U.S. or find new owners within
90 days, citing national security concerns.,Despite attempts by TikTok to localize as
it expanded, such as hiring more senior American,executives and tripling its U.S. employees
from 300 to over 1,000 in a span of 12 months,,these moves came to naught.,But the misgivings with ByteDance go beyond
TikTok or U.S.-China relations.,In November 2019, American teenager Feroza
Aziz was locked out of her TikTok account,after she uploaded a video condemning the
Chinese government’s treatment of,Uighur Muslims, an ethnic minority group in the country.,TikTok later issued a public apology and lifted
the suspension of Aziz’s account,although it denied claims of censorship.,ByteDance has also been accused of deleting
articles critical of Chinese authorities on,BaBe, its Indonesian news app.,Content deemed sensitive to the Chinese government,
such as the Hong Kong protests,,and the Tianenmen Square incident, or the lack thereof, have cast a spotlight on,ByteDance’s alleged ties to the Chinese Communist Party.,This formed the basis of a U.S. National security
investigation into TikTok and ByteDance, and,it’s part of a wider move to curtail reliance
on Chinese technology and products.,The rise of Chinese juggernauts has largely
mirrored China’s ascendancy on the world stage.,However, China’s fraught relations with
other countries, including India, has largely,proven to be stumbling blocks for the international
expansion of its
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Continue the next fourth section about what company owns tiktok
tiktok: who owns what?
tiktok: who owns what?
i think if anything this further goes to,prove that this industry is still fairly,new,the social media industry,and we're still,waiting for things to catch up to each,other,that's it that's my intro,hi my man you're watching swell,entertainment and usually my videos,respond from a variety of different,things this one kind of had like a joint,spawning mainly it's spawned from my,friend margot who some of you may be,familiar with because i interviewed her,in my tanacon one year later video it,spawned from her messaging me and asking,if i thought this thing was legal or not,or if this company was allowed to do,this because she was like i don't know,if you would know the answer to this but,you also seem like you would know the,answer to this and the reality of it is,is i didn't really know the answer but,i'm fairly certain it's not right i,don't think they're allowed to do that,i've talked previously about how,tick-tock and ads are now the bane of my,existence and i'm now part of the,creator fund on tick-tock they somehow,let me in i don't understand i think,i've made a total of a dollar and 53,cents and so i was like you know maybe,i'll like get used to the ad because my,brain is like oh yes the ads are there,to help pay me you know,no there's still too many ads it does,not help also that they are now pushing,live streams way more and the live,streams they are pushing are all,pirating spongebob episodes and various,tv shows,i don't know why they're promoting,copyrighted content and i'm not just,talking about like oh it's like promoted,by like the spongebob show no i mean,it's someone holding a phone while on,the computer watching like an episode of,spongebob at like a weird angle,it's very odd i don't know why they're,promoting that you remove sex workers,from your platform for just having their,only fans in their link trees but yet,you're allowing them to promote,copyrighted content your priorities are,all out of whack tick-tock it makes no,very really no sense considering one is,a higher dmca risk to you like you're,there's a whole safe harbor thing,involved here but anyway the text that,margot sent me was about parade ads,parade is the parade underwear um pretty,much every influencer girly on instagram,that you know and love probably has been,gifted parade at some point or has done,a parade ad they did a whole bunch of,black friday sales and they were popping,up,incessantly on my for you page like,every third video was a parade ad okay,and i'm not just talking like oh it's a,it's a video from parade and they're,just being pushed i mean they were like,promoted sponsored videos from parade,themselves being promoted on the page i,would just scroll past them i was,getting annoyed this close to blocking,them i don't even know if that would,work with ads but i was getting really,annoyed because it was the same videos,being promoted the video that she sent,me was hey i saw a parade ad and what,they were doing was they were using the,i am woman song with no credit to the,artist and it was a promoted,advertisement and i was wondering if,they were allowed to do that and my,first thought was no,i don't think they're allowed to do that,because,and this is where it kind of gets all,over the place because,it kind of brings into question who owns,what on tick tock technically music is,one thing music that makes things easier,obviously the artist performing the song,who made the song owns the song but when,you have something like tick tock where,you can kind of use anyone else's audio,however you want,for the most part it kind of brings into,question who does what however when ads,get involved then it's a whole other,thing so okay i'm talking in circles but,that's basically what this video is,going to be is talking through who owns,what on tick tock because there was this,other video that went around of little,massax at an award show i believe or a,thing a musical industry thing,if anything this is really going to,prove that i know very frighteningly,little about the music industry despite,how often i listen to music and you know,i i know a lot about the film industry i,really should know more about the music,industry because,they're not the same thing but they're,adjacent i should know more i'm in la,who wants to be my teacher,they were at a music thing okay with a,bunch of other celebrities and he did a,sound of the uh what do you want to tell,joe byron right now what's up baby take,me out dinner with all these famous,people your life bing bong if you,see these dogs in your front yard,just snow upstairs i'm going hard bing,bong what do you want to tell joe bivin,right now what's up baby take me out hey,yo i thought it was cute whatever,and then another girl on tick tock and i,cannot find this video if i will link it,down below if someone sends it to me i,tried to find it i found an article,later on or i saw one i briefly met,remember seeing this article no one was,able to find me this article i was not,able to find it it
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The US Government is Lying To You About TikTok...The Truth Revealed!
The US Government is Lying To You About TikTok...The Truth Revealed!
a new bill from Republican senator Marco,Rubio aims to ban Tick-Tock in the U.S,the legislation is an escalation of a,recent move by Red State Governors to,eliminate the app from State devices,Alabama and Utah are the latest to join,the effort it's 2023 and tensions are,rising between the United States and,China and one of the companies that,faces an intense amount of scrutiny and,is facing a potential ban inside the,United States is Tick Tock one of the,most popular social media apps in the,world in today's video I'm going to,reveal to you the real reason the U.S,government wants to ban Tick Tock and,I'm going to be honest with everybody,this has absolutely nothing to do with,National Security in fact it is actually,something much more simpler than that,but why don't we start today's analysis,by examining how Tick Tock is being,presented in American Media today and to,do that I'm going to show you a recent,interview on CNN Republican lawmakers,primarily are using Tick Tock as the,face of the Chinese government now this,of course is a hundred percent false in,order to be the face of the Chinese,government that company must be owned by,the Chinese government and bite dance is,in fact a privately held company inside,of China and many people actually,believe that China's government owns,every single company that of course is,false and if you just do a little bit of,research you can understand how bite,dance the parent company that owns Tick,Tock is actually structured this is a,great article from the Harvard Business,Review entitled how bite dance became,the world's most valuable startup it was,co-written by Rhema who is an,outstanding China Tech Insider and,inside this article they reveal how bite,dance became the world's most valuable,privately held company again this is the,key Insight here is that it is a,privately held company it is operating,inside of mainland China but it is not,owned by the Chinese government but,let's go back to that CNN article and,see how Republican lawmakers are,influencing American public opinion and,so to show to their constituents which,is very popular right now to have a hard,stance on China to show to their,constituents that they're taking this,hard line stance they are basically,saying we want to ban 10 talk and using,this as a vehicle to deliver that,message to their to their base and this,is exactly what Republican lawmakers are,doing they are essentially using this,ban of tick tock as a way to show,Democrats that they are being very,strong and ironically this is the only,thing that unites both Republicans and,Democrats inside this country being,strong and being anti-china and this is,a very dangerous thing moving forward in,our society let me show you another CNN,article that further illustrates this,point this is an article entitled Tick,Tock is digital fentanyl incoming GOP,China committee chair says and this is,the interesting thing the Republican,lawmakers again are telling the American,public that Tick Tock is a dangerous,tool used by the Chinese government to,brainwash the American public they want,you to believe that Chinese social media,is very evil but American social media,is pure clean and there's nothing to,worry about of course we all know that,nothing can be further from the truth I,found this article from MSNBC which,really pushes back against this,Narrative of all of these U.S lawmakers,trying to ban tick tock the title of,this article is U.S lawmakers obsession,with Banning Tick Tock continues and the,very last paragraph shows a very,interesting Insight lawmakers and others,who Focus singularly on Banning Tick,Tock as though it represents a unique,level of danger compared to other social,platforms show us how little they,actually know about the pitfalls of,social media now let me give you some,concrete evidence that Tick Tock is,indeed not a national security threat,inside the United States and I'm going,to take you back to September 14th 2022,and this is a written testimony that was,given before the United States Senate,committee and the person given this,testimony is Vanessa Papas who is the,Chief Operating Officer at Tick Tock and,one of the major concerns for tick tock,inside the United States is where is the,data being stored many people fear that,U.S data is being sent to beijing's,government and the Chief Operating,Officer immediately answers this,question here's the question from the,U.S Senate what are the locations of the,servers and data centers overseas where,Tick Tock transmits U.S user data she,responds take talk has long stored U.S,user data and data centers in the United,States and Singapore as well as in,cloud-based services offered by Amazon,web services the Google Cloud platform,and Azure which is owned by Microsoft if,we skip to the bottom paragraph a,hundred percent of our us user traffic,is now being routed to the Oracle Cloud,infrastructure this is clear and,concrete evidence that U.S user data is,not being sent to Beijing in fact al
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Continue the next sixth section about what company owns tiktok
Who Owns TikTok
Who Owns TikTok
do you know tik tok has been unloaded,over 2 billion times,who is the person behind the viral,social media application tech talk,welcome to our channel where we,specialize in business reviews,and market intelligence insights our,purpose is to simplify business,performance reviews,and give you a 360 degrees understanding,of the drivers behind the highly,successful global businesses,in this video we're going to unveil the,face and,engine behind this successful social,media app tick tock,and how the app has grown beyond the,honor to become a social,media bubble before we deliver into,these matters,let us first review the company profile,tiktok has,its head office in beijing china tick,tock is owned by a company called bite,dance,this company is backed by softbank and a,silicon valley capital venture farm,called squire as strategic partners,bike dance also owns a chinese version,of tick tock called,and total service for news,tik tok has its presence in the u.s with,its largest offices being in los angeles,mountain view and new york the company,has a footing in europe too,with its largest office located in,london,according to bloomberg bike dance the,company that owns tick tock,doubled its revenues from 7.4 billion,dollars in 2018,to 17 billion dollars in 2019,tick tock was launched in 2016 and the,hub,has been downloaded 2 billion times,according to app monitoring from,sensor tower the app allows people to,share,short clips up to 15 seconds tick tock,was launched in,international markets in the late 2017.,the up popularity has spread like,bushfire,currently having a record up download of,above 2 billion times,globally tick tock has more than 100,million,monthly active users bike dance,launched tick tock in the u.s two years,ago after merging it with musical,ly which had it had acquired in 2017,for more than 800 million dollars,let us now dive deeper to understand who,actually owns tick tock,tick tock is owned by bike dance by,dance is a beijing-based technology,company,funded by a person called zhang yimin,among the notable founders of tiktok is,called zhang yimin,zhang owns an estimated 24 percent of,byte dens,which owns stick talk zhang was first,mentioned,on the forbes world's billionaires list,in march 2018,with a net worth of 4 billion dollars,since then,forbes estimates zhang's network to be,at 16.2 billion dollars,making him the ninth richest person in,china,the 37 year old zhang is a software,engineer who graduated from,nankai university in tanjin,zhang founded byte dance in 2012,put together by dance the beijing best,company has raised 7.5 billion dollars,with investors valuing the company at 75,billion dollars,according to peach book some of the,investors who,have financed the company are you yuri,milner,and square hunter investments who gave,10 million dollars,in 2013 to bite dance by dan's father,secured 100 million dollars from venture,capital square capital,china mr zhang launched tick tock,in 2017 despite being the 13th,wealthiest wealthiest person in china,zhang yi min is extremely private and,literally is known about his personal,life,after graduation zhang has worked in,various companies including microsoft,but it has not been all russia since,then,some of the companies that he started,also failed,in 2013 he made it to the forbes china,30 under 30 list,by dance has attempted to grow outside,china,tick tock is just one of its,international products,it has other products like top,top bars a platform that recommends,trade trending videos and articles to,users,and babe a news aggregation app in,indonesia,by dance mainly means earns revenue,through advertising on the app,due to its soaring revenue by dance,becomes the most successful,startup in the recent times,i believe you have learned the person,behind tik tok,the current most popular social media,video app,do you think tick tock will sustain this,growth feel free to leave your comment,in the comment section,and we shall definitely respond remember,to like this video,give us a thumbs up and subscribe to our,channel,thank you for watching and see you next,in our video,or we shall feature another successful,company review,see you then thank you for watching bye
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LOONY TikTok Dancer is RIGHT About Who OWNS the World! | Louder With Crowder
LOONY TikTok Dancer is RIGHT About Who OWNS the World! | Louder With Crowder
let's go to the state of this country's,a palace cleanser this lunatic,interpretive dancer which is not a thing,despite them trying to make it a thing,it just means they couldn't make the,dancing cut,actually has a point,who do you think runs the world girls no,not even close since the 1970s,two corporations have gobbled up most of,the earth's companies vanguard and black,rock so we have a monopoly inside of a,monopoly what the hell am i watching,vanguard and blackrock own coke and they,own pepsi they own apple and they're,watching mary katherine gallagher get,less sexy,they own american airlines they own,delta they own oil and they own solar,call me a dingleberry but if you own all,the competing,companies in the,free,market then i don't think,the market is um all that,free,okay thing is,she's insane but she's actually right,that's where that's the,that's the tipping point in the country,when all the crazy people are correct,yeah,it's like a psychic finally getting the,name right when they've said like nine,b's like uh barry uh bruno uh bob that's,it how did you know yeah she looks,familiar though yeah you were saying,mary katherine uh mary katherine uh,gallagher right yeah do you have that uh,he flashed it did he flash it,he did i thought it was see i actually,thought it was uh it was vera de milo oh,girl,are you ready,all righty,let's start with a stretch that's sure,see how those big breaths just weigh,them down,he was hilarious in his prime and today,he would consider that sketch cruel yes,unusual very funny at one time it was,very fun no one was more aware of their,physical body and space than jim carrey,oh no unbelievable physical comedy and,now he's completely unaware of,space,well he's almost as certifiable as that,broad in the interpretive dance video,but here's thing she's not completely,wrong so let me give you a little recap,here uh of what she said or you know,what let me give you some substantiation,because she doesn't provide her,references like we do at levelcutter.com,34 trillion dollars in assets assets are,managed by uh five companies that's,vanguard blackrock state street fidelity,and capital group that's around one and,a half times the united states gdp,blackrock alone these are the people,who've been buying up all of these homes,right that's why the housing market is,not an actual market they want to create,a permanent class of renters they are,screwing you out of purchasing a home,anyone out there who owns a home you,know what you can comment below how many,offers have you gotten on your house i,know i have yeah way way above asking,price or market value it's not coming,from a person it's coming from a company,like blackrock so these five companies,do run uh,way more of your life than is,appropriate now before you say oh see,that's a problem with capitalism no no,no that can't happen,without the interference of government,and uh don't worry,there to fix it is socialist for the,little guy elizabeth warren um who,believes that black rock needs to be,designated and keep in mind what this,means it means bailed out with your tax,dollars blackrock according to warren,needs to be deemed too big to fail,designation of what is what gives the,fed its increased oversight power is,that correct,is that correct,yes and is blackrock currently,designated so that it receives that,increased oversight,it it isn't designated but i think it's,important to understand that that means,it is not receiving the increased,oversight from the fed,so my question is are you currently,looking at designation,for companies like blackrock nine,trillion dollar companies like this when,the party is going strong it's the job,of the regulators to take away the punch,bowl,ah okay so here's the thing,she believes and this is the current,democratic party that it's worth it with,more regulation and more oversight well,what does that come with that comes with,shackles that comes with never-ending,supplies of tax dollars you know who,needs more oversight,big banks oh you narrate a bailout in,their history you know who needs more,oversight airlines you know who needs,more oversight health insurance,companies,all of these auto manufacturers they all,eventually get bailed out by you the,american taxpayer so you get screwed in,the housing market then you get screwed,when they screw you out of the housing,market and they can't pay their bills,you get screwed three or four times,there you go but it's worth the,oversight kind of like gas prices,but if you want to own a home now you,have to be at least half a million,dollars and your car is 80 000. yeah wow,really good it's the american dream i,don't care if you have a nice car right,now you need to go sell it and get an,electric one and spend more money,correct well that's why i said 80 000.,oh yeah well some people have eighty,thousand cars right now eight thousand,dollar cars are there eighty thousand,cars i'm like yeah jay leno and no one,else assaulted just you know i know just,jayl
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