The American Cyber Civil War
An Op-Ed by Anon
The wikipedia article actually provides a bit of an introduction:
https://en.wikipedia.org/wiki/Dot-com_bubble
(more at link).
Some Dot Com companies were extraordinarily overvalued (in the sense of stock market parlance). They had virtually zero earnings. Their debt-to-equity (D/E) ratio was sky-high and their earnings per share (EPS) was negligible. The ridiculous valuations made no sense whatsoever, in terms of concrete investment metrics. Yet their stock price kept levitating as hot money rushed into the new sector in a speculative frenzy, creating a bubble that kept inflating. Stock market commentary hyping the potential of these companies was everywhere.
The bubble was deliberately created and its entire trajectory planned. It enabled certain insiders to cash out, instant trillionaires. More importantly, it enabled certain individuals and organizations to secure present and future control (utter domination) over a key communications sector. This is especially interesting in light of the known and proven government funding that provided seed capital and promoted the expansion of dozens of key companies in the telecomm sector (think In-Q-Tel, LifeLog,…) Who knows which 3-letter agencies are still entrenched there, burrowed in deeply like a blood-sucking tick and lurking in the shadows while subtly exerting control?
With President Trump's May 28, 2020 executive order declaring internet companies as "publishers" (Section 230) when they use their extraordinary powers to regulate speech and inject their own editorial bias by suppressing conservative speech, we are now seeing the next phase of information warfare play out.
The stranglehold that companies like Twitter, Facebook, Google, etc. had over information flows played a huge role in political victories by the Radical Left, that resulted in the presidency of Barack Obama and the continued domination by leftist governors, left-controlled House of Representatives, etc.
It should never have happened.
Who let it happen? Who caused the Dot Com bubble? Who profited from it (financially)? More significantly, who gained control of information flows as a result? Who planned the takeover of worldwide media?
Will President Trump's order to restore Americans' first amendment right of free speech be effective in returning our society to a more balanced posture, where voices from both the Right and the Left have equal opportunities for debate and discourse?