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Facebook and Google Could Be Nationalized in 5-10 Years

After I considered Facebook CEO Mark Zuckerberg's testimony before Senate and House committee hearings last week, it became very clear to me -- and I expect many in Congress -- that social media companies need to be regulated. However, I think this is only a step in the path that governments -- and I do mean more than the U.S. -- will take to ensure their effectiveness and protect their people. I'm not suggesting the U.S. Congress, whose members currently appear to be woefully out of step, could run these companies better.

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