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Bankruptcy judge rejects The Onion’s bid to buy Alex Jones’ Infowars (www.nbcnews.com)
submitted 2 years ago by to c/usa@lemmy.ml
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[–] 24 points 2 years ago* (10 children)

Wait a second. A judge blocked the Onion from buying the site at auction because... he thinks it should have sold for more? My brother in Christ, do you understand what an auction is?!

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  • [–] 14 points 2 years ago (9 children)

    Specifically, he thought the trustee should have allowed the other LLC (which is totally not affiliated with him yet only exists to shelter his supplement business) more time to counteroffer.

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  • [–] 12 points 2 years ago (8 children)

    But that makes no sense. It's an auction. There's a time limit. It's not an acquisition. You're being forced to sell something.

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  • [–] 16 points 2 years ago (6 children)

    You know what else makes no sense? Letting someone bid on his former property using money he owes to the people selling.

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  • [+] -6 points 2 years ago* (last edited 2 years ago) (5 children)

    Why does that make no sense? He has debts to pay, can't cover them, and so his assets are sold at auction to pay them off. Same thing happens to people every day via civil forfeiture.

    Edit: clearly people cannot read. The Onion should have been sold the website for the winning bid that they submitted at an auction. End of story.

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  • [–] 8 points 2 years ago (3 children)

    okay, but he's trying to buy the thing he says he can't afford with money he claims he doesn't have, which is (allegedly) why he he can't pay the debts he owes. you're creating a false equivalence. no one gets this treatment. this is magical rich white guy thinking, and the court is going "oh what's that? you're rich and white? sure! you take all the time you need to get the money together to buy back your propaganda machine. meanwhile these parents of kids who would have started college this year… um… i guess they can go get fucked. fuckin' poors"

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  • [–] -2 points 2 years ago (2 children)

    Holy shit is no one reading the words I'm saying. In no sane universe should Alex Jones get to buy the site back. I'm saying in an auction, the Onion submitted the winning bid and should have gotten the site sold to them.

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  • [–] 4 points 2 years ago (1 child)

    because that's the opposite of what you said? you were replying to someone saying that by saying what they were saying wasn't reasonable and this situation the court has created seems fine

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