The stimulus checks was a smoke screen....y'all don't understand how much and how quickly they bailed out the banks and corporations
Silicon Valley OG keeps it 100 on CNBC "The bailout is a scam"
- Thread starter Arithmetic
- Start date
The stimulus checks was a smoke screen....y'all don't understand how much and how quickly they bailed out the banks and corporations
G.O.A.T Squad Spokesman
Logic Is Absent Wherever Hate Is Present
Socialism is bad....unless it benefits the wealthy
Vandelay
Life is absurd. Lean into it.
I don't disagree with his initial premise. This logic is fine when 1, 2 or 5 companies fail at the same time.
When every company fails at the same time, and when our economy is based on credit, you have a major problem.
When every company fails at the same time, and when our economy is based on credit, you have a major problem.
This you will never see these moderate and far right white people questions businesses getting socialism but they flip when every day people get it.
the same sentiments were echoed a decade ago. but at that time we had reason to bail out companies
industries were dying and needed to be kept alive to create jobs. GM, Ford, and other companies paid their dues back
It's different this time. Chamath is talking about private equity firms and billion dollar firms that make the rich richer.
If America is really about that capitalist action, these companies should fail and die. They did the wrong things and their competitors didn't.
industries were dying and needed to be kept alive to create jobs. GM, Ford, and other companies paid their dues back
It's different this time. Chamath is talking about private equity firms and billion dollar firms that make the rich richer.
If America is really about that capitalist action, these companies should fail and die. They did the wrong things and their competitors didn't.
G.O.A.T Squad Spokesman
Logic Is Absent Wherever Hate Is Present
No universal healthcare for kids let alone all citizens , no free college tuition yet give billionaires billions brehs. How can any non-wealthy person support Republicans is my question.
Last edited:
They sell them on one day you can be rich and step on poor people's back just like me they just don't say it as blatantly as that lol.
G.O.A.T Squad Spokesman
Logic Is Absent Wherever Hate Is Present
Yep...the Joe the Plumber types that vote against their current best interest believing in the future they'll be one of the wealthy
Rell84shots
Veteran
They just need to drop all debt and let everyone start over.
null
...
Ok save some now with provisos to do the management unwind, clawbacks and corrections at a later date.
"Too big to fail" might be true of the massed companies but it is not true of the individuals who profit from them.
null
...
UpAndComing
Veteran
Bailing out Corporations - Corporatism
Bailing out people - Socialism
2 sides of the same coin
Bailing out people - Socialism
2 sides of the same coin