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Comment by m0zg | Hacker News Reader

Speaking of spying on the populace, does anyone know why Palantir stock is on a tear for the past couple of days? There's nothing publicly known that would cause this. Is the new administration planning to tighten the bolts / expand the police state?

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> There's nothing publicly known that would cause this.

I cannot tell if [1] meets the requirements for being a reasonable cause in your (or anybody else's) opinion. Decide for yourself.

[1] https://www.palantir.com/pt_media/palantir-is-providing-coro...

Edit: [1] just contains a link to Forbes, so you can go directly to:

https://www.forbes.com/sites/thomasbrewster/2020/03/31/palan...

Biden is a very pro-war, tough on crime politician. He voted to authorize the Iraq war in 2003, and drafted and sponsored the Violent Crime Control and Law Enforcement Act in 1994, the largest crime bill in American history. Biden’s win is a great signal for defense and law enforcement companies that spending will increase, so it makes sense. It’s likely a really great time to invest in these companies now that Trump has no chance of winning.

>Is the new administration planning to tighten the bolts / expand the police state?

I wouldn't worry, any of his actions will be backed up by the required votes.

> I wouldn't worry

I would. Spying and warmongering are those very few things that both major party establishments readily agree on, and I hate to pay for either of those things, or being spied upon even more than I already am.

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