• sp3ctr4l@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      2
      ·
      edit-2
      48 minutes ago

      You didn’t read the article, or you didn’t understand it.

      The US Govt would not pay a cent for the shares of these companies.

      It would simply seize them, half-nationalize them.

      Its a half nationalization, not a half bailout.

    • Evil_Shrubbery@thelemmy.club
      link
      fedilink
      English
      arrow-up
      7
      ·
      4 hours ago

      Public stake isn’t for profits (especially not short term capital gains), it’s about concentration & not getting controlled.

      • HrabiaVulpes@europe.pub
        link
        fedilink
        English
        arrow-up
        3
        ·
        4 hours ago

        Controlling something worthless is pointless anyway.

        And giving it away to everyone will score political points.