The government gave the bailout money so the CEOs could give themselves bonuses. It’s all a corrupt circlejerk.
Spending it “the right way” would be letting the shitty fucked up companies fail and go out of business while saving the taxpayers the expenditure of keeping failed businesses afloat via golden parachutes and tax fraud.
I’d say spending it the right way would be to give the bailout, with the condition that the government now owns the business. All profits go to the government and all management will be done by the government. Let the business keep competing with privately owned businesses, but have the business be owned by the people instead.
I can also accept ownership being distributed equally to all employees.
The government gave the bailout money so the CEOs could give themselves bonuses. It’s all a corrupt circlejerk.
Spending it “the right way” would be letting the shitty fucked up companies fail and go out of business while saving the taxpayers the expenditure of keeping failed businesses afloat via golden parachutes and tax fraud.
I’d say spending it the right way would be to give the bailout, with the condition that the government now owns the business. All profits go to the government and all management will be done by the government. Let the business keep competing with privately owned businesses, but have the business be owned by the people instead.
I can also accept ownership being distributed equally to all employees.
Co-op?