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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.
by rchaud 1y 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.
- overfeed 1y agoHow 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.
- pjc50 1y agoOr the Intel setup, where the government simply bullies its way into an equity stake by reclassifying already agreed grant payments.
- Tadpole9181 1y agoGrants that Intel was denied because they hadn't made milestones yet! We gave them already proportioned money they failed to earn!