The US was incredibly stupid to not demand shares in the US banks when they had them over a barrel and crapping themselves in 2008 - and instead gave them tens of billions of interest-free loans and literal handouts. Capitalism, right up until the companies that are ‘too big to fail’ go belly-up and fuck the entire world economy with their stupid decisions, then its, “oh can we please have some socialism? No, we will not agree to any public ownership or shares lol … And no there can be no strings attached - wtf we deserve those executive bonuses this year - just give us the money. Thx plebs! Thoughts and prayers for your mortgage”.
I feel a need to clarify: if the plan went as stated, where the US takes a stake in Intel and funnels money back into the federal government to do things the federal government needs to do, I would be completely fine with this.
More likely, this is a backdoor way to put money in the hands of billionaires.
Right here, this is fine with me.
The US was incredibly stupid to not demand shares in the US banks when they had them over a barrel and crapping themselves in 2008 - and instead gave them tens of billions of interest-free loans and literal handouts. Capitalism, right up until the companies that are ‘too big to fail’ go belly-up and fuck the entire world economy with their stupid decisions, then its, “oh can we please have some socialism? No, we will not agree to any public ownership or shares lol … And no there can be no strings attached - wtf we deserve those executive bonuses this year - just give us the money. Thx plebs! Thoughts and prayers for your mortgage”.
I feel a need to clarify: if the plan went as stated, where the US takes a stake in Intel and funnels money back into the federal government to do things the federal government needs to do, I would be completely fine with this.
More likely, this is a backdoor way to put money in the hands of billionaires.