Well this isn’t exactly a bailout per se. The government will own a chunk of Intel, which is pretty much the beginning of what should happen if something is “too big to fail” and needs a bailout: nationalization.
Now, who the hell knows if this will end up being a good use of tax dollars, but at the very least it’s not a free bailout for fucking billionaires whose milking of the system crashed it.
Well this isn’t exactly a bailout per se. The government will own a chunk of Intel, which is pretty much the beginning of what should happen if something is “too big to fail” and needs a bailout: nationalization.
Now, who the hell knows if this will end up being a good use of tax dollars, but at the very least it’s not a free bailout for fucking billionaires whose milking of the system crashed it.