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> A group of Internet service providers that won government grants are asking the Federal Communication Commission for more money or an "amnesty window" in whic
by calgarymicro 3y ago
> A group of Internet service providers that won government grants are asking the Federal Communication Commission for more money or an "amnesty window" in which they could give up grants without penalty.
This would still probably result in a large loss to the government due to administrative and opportunity costs, but honestly I think this would be the best outcome at this point.
- moate 3y agoNah, punishing capital is always the best outcome. You want to privatize gains, take your fucking lumps and/or die as a corporate entity.
- deleted 3y ago[deleted]
- LadyCailin 3y ago> large loss to the government No, a large loss to the people who paid taxes. Meaning that such an outcome would be terrible.
- calgarymicro 3y ago> No, a large loss to the people who paid taxes. It's both, not either/or. > Meaning that such an outcome would be terrible. Less terrible than a total write-down.
- justinclift 3y agoIf they're made to honour their agreement (especially at substantial loss), then wouldn't these bad actors avoid underbidding in future auctions?
- Hizonner 3y agoHow about "fuck them"? Sounds like a much more reasonable outcome to me. You make a deal, you deliver on the deal. If you failed to predict your costs, that is 100 percent your problem. Especially when you're a giant corporate entity that's supposed to be "sophisticated".