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givesomefucks@lemmy.world 5 days ago
Shoe companies that they don’t need to fear bubble bursts, and they’re make bigger bubbles.
We’d have been better off letting the 08 crash eat all the corporations. Instead we gave them the money they used to buy up finate resources we have to rent from them.
Obama should have partially nationalized any banks that wanted a bail out. Banks are an essential service so there is no reason the govt should not get involved.
Want $2 billion? US govt gets $2bil in stock of your bank. They were absolutely over a barrel and would have taken the deal.
It would have been even better to let them suffer the consequences of their decisions. I am not buying the whole threat to the economy nonsense. That is just propaganda used to convince us it was necessary.
Well I mean that’s what conservatives do. They talk loudly and then lie behind the scenes.
wuffah@lemmy.world 5 days ago
Socialism for the rich, brutalist capitalism for everyone else.