Ya not a facepalm. And idk if that’s even really true. Bailout isn’t even a real financial term. The gvmt offers subsidies, loans, and cash infusions. If the factors leading to one of those isn’t directly caused by the industry’s own negligence, but some external factor, and the collapse of the industry will hurt the people of that country, that doesn’t mean the gvmt should take it over. That kind of power grab would hurt everyone.
kingdazy on
great statement, wrong sub.
Orcacub on
Does it matter to you if the bailout (loan, not a gift) money was repaid back to the Gov. on time, with interest? Not saying it was or was not, just curious as to your view of that hypothetical situation.
[deleted] on
[deleted]
ralphvonwauwau on
>You **shouldn’t** privatize the profit and socialize the losses
FTFY, since apparently they **can**
bellingman on
Isn’t this a quote from Bernie Sanders like 10 years ago? It certainly didn’t originate March of this year.
frontrange80220 on
When we bail out the government bc it goes bankrupt does that mean we get to own
NoTie2370 on
Or you know, stop bailing them out.
iron_and_carbon on
They generally are the government just sells them off later, or they are loans
11 Comments
>Couldn’t have said it any better
Then what is the facepalm?
this makes sense. Why facepalm, op?
Ya not a facepalm. And idk if that’s even really true. Bailout isn’t even a real financial term. The gvmt offers subsidies, loans, and cash infusions. If the factors leading to one of those isn’t directly caused by the industry’s own negligence, but some external factor, and the collapse of the industry will hurt the people of that country, that doesn’t mean the gvmt should take it over. That kind of power grab would hurt everyone.
great statement, wrong sub.
Does it matter to you if the bailout (loan, not a gift) money was repaid back to the Gov. on time, with interest? Not saying it was or was not, just curious as to your view of that hypothetical situation.
[deleted]
>You **shouldn’t** privatize the profit and socialize the losses
FTFY, since apparently they **can**
Isn’t this a quote from Bernie Sanders like 10 years ago? It certainly didn’t originate March of this year.
When we bail out the government bc it goes bankrupt does that mean we get to own
Or you know, stop bailing them out.
They generally are the government just sells them off later, or they are loans