• pHr34kY@lemmy.world
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    13 hours ago

    This feels like a setup to the biggest rug-pull in history. The whole thing is going to shit and the taxpayers will be holding the bags.

    • sp3ctr4l@lemmy.dbzer0.com
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      5 hours 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.

    • moustachio@lemmy.world
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      8 hours ago

      These AI companies rushing to do IPOs so the public’s retirement account index funds can buy them up and take the loss for them, too.

      These people need to suffer real consequences.

    • TronBronson@lemmy.world
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      11 hours ago

      Bruh they are working on deregulating debt swaps so they can hide how much leverage is going into these build outs. Trillions of dollars of data centers with mortgages and rent to own NVDA chips. its looking like the greatest scam of all time rn.

    • trolololol@lemmy.world
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      11 hours ago

      I think it makes sense. The bill will be paid off from taxes, so it makes sense that the bailout comes with company stock transfer to workers.

      It’s fair for many reasons. One of them is that billionaires and corporations don’t pay taxes.

      What about, instead of 50%, make the bailed out company be 100% owned by the people - not the government, the people.

      • pHr34kY@lemmy.world
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        11 hours ago

        By the time the public own it, it will be a liability, not an asset. I’ve seen my government purchase a telco’s entire infrastructure only to immediately write it off.

        Just set it on fire already.

        • TronBronson@lemmy.world
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          11 hours ago

          yep lol and thats how it will work. we’ll get a bunch of data centers with a 5 year lifespan and 30 years of debt strapped to them.