this post was submitted on 03 Oct 2025
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Fuck AI
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No bailouts this time.
Narrator: They were bailed out
Hoo boy, it's going to be the bailout of bailouts.
Well at least it isn't going to be our taxes doing it...
Ah, so, about that...
But the government will at least get equity out of the deal, right?
The parent companies will.
So this is a complex issue. America needs Skynet, or Iran/China/maybe Canada will win... but we believe that the private sector needs a profit incentive for us to give them all of our money. No is the shorter answer.
There is always bailouts, the rich will be saved while poor are left to suffer
https://projects.propublica.org/bailout/
The bailouts are, by the numbers, workable. There is an argument that a bailout would be fiscally responsible.
There's also an argument that the whole thing should have been given up as a bad job decades ago.
Good arguments aren't going to decide how it's handled though, so let's not bicker. Life's too short.
It depends on how the bailouts are actually structured. Just handing out free cash is bullshit. But if the government gets a discounted ownership stake that they can then turn around and sell later for profit, I'm less opposed to it. That's what Canada did with the auto industry during that 2008 crap.
Yeah exactly, sometimes you can turn a bad situation to good that way. I definitely would rather these proprietary things built from essentially pirating the entire internet belonged to the people, and seizing the weird shit they've built with that bubble would be just desserts for the venture capitalists who still hope to take away everyone's jobs so they could rule us as kings.
Complicated, weird disaster of a sentence, sorry. Let me know if any of that tracks and I'll go make coffee.
LOL. Trump loves bailouts.