• village604
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    1 month ago

    How is the government seizing control of a company and its assets a bailout?

    • mrmaplebar@fedia.io
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      1 month ago

      Because these “assets” are at best hemorrhaging billions of dollars per year, and are also the result of total cultural strip mining. Why would I, as a taxpayer, want to take over a massive, and massively unprofitable business?

      I think it’s naive to believe that the government will seize these companies without without a huge amount of taxpayer cash winding up in the hands of big tech companies and their owners.

      Let failing businesses fail. Leave the taxpayers out of it