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rchaud 2 days ago

Stocks going down you say? Not to worry, Uncle Sam will graciously buy your shares on the open market to keep them from dropping further.

pjc50 2 days ago | parent | next [-]

Or the Intel setup, where the government simply bullies its way into an equity stake by reclassifying already agreed grant payments.

Tadpole9181 2 days ago | parent [-]

Grants that Intel was denied because they hadn't made milestones yet! We gave them already proportioned money they failed to earn!

overfeed 2 days ago | parent | prev [-]

How long before treasury directly starts buying private shares in companies owned by the politically connected? This unsophisticated, banana republic grifting that Americans used to deride 3rd-world countries for.