bailouts ought to come as leverage either as a loan (at fed rates) or a capital investment. I agree! and then the company can either buy the government out or repay the loan. it strikes me as fair.
Comment on Tech industry is in tariff hell, even if refunds are automated
Kn1ghtDigital@lemmy.zip 3 weeks agoHot take: if your company needs a bailout it’s no longer a private company and belongs to people as a public service and is regulated as such.
HeyThisIsntTheYMCA@lemmy.world 2 weeks ago
big_slap@lemmy.world 3 weeks ago
hmm… never thought about it like this but I agree 👍
Sturgist@lemmy.ca 3 weeks ago
I mean… personally? I don’t feel like this is actually that much of a hot take. More of a verifiably good idea.
Chronographs@lemmy.zip 3 weeks ago
That sounds a lot like socialism and we don’t do that in this here land of the free 🦅
zikzak025@lemmy.world 3 weeks ago
And yet the “free” market can’t be trusted to correct itself and fill the gaps if we allow a giant megacorp to fall.
grue@lemmy.world 2 weeks ago
“Pay no attention to the [US government buying 10% of Intel] behind the curtain.”
kiterios@lemmy.world 2 weeks ago
The bailout is the government purchasing shares at about to go bankrupt prices. It’s a reasonable take that isn’t even really a change in the system.
Sturgist@lemmy.ca 2 weeks ago
See…that’s the kind of logic that gets people places!
… unfortunately in the US the place it might get you is the gulag…