• NatakuNox@lemmy.world
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    3 days ago

    Whenever a company is bailed out it should be handed over to the government/the people. We bail out these companies for them to turn around and do the same dumb stuff that tanked our economy. The top three American banks should be owned by us because they’ve screwed up everything. GM and Ford should be owned by the people because their vehicles suck and they give us a bad rap. We bail them out just for them to continue making below average cars?! Boeing as well.

    • Frezik@lemmy.blahaj.zone
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      3 days ago

      Just as a matter of accuracy, the US government didn’t have to bail out Ford in 2008/09, at least not directly. They bailed out GM and Chrysler. Ford was an indirect beneficiary, though. If one of the other two collapsed, the supply chain hit would have dragged down Ford, too.

      Mind you, Chrysler has been stumbling from one government bailout to the next for my entire life, and I ain’t that young anymore.

      • NatakuNox@lemmy.world
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        2 days ago

        Oh ya I’m guessing the Ford family had enough money to not have to suck the blood from tax payers. But they get enough subsidies in counting it.

        • somethingsnappy@lemmy.world
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          2 days ago

          Ford wanted his employees to be able to buy the cars they make. Also, the US gov made money off of GM. Tesla is the one that has always been a leech propped up by taxpayers.