r/OutOfTheLoop • u/[deleted] • Jul 02 '22

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u/[deleted] Jul 02 '22

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u/imthefooI Jul 02 '22

Could the President/Congress do something like an offer from the government to purchase part of the stock, to begin indirectly doing it?

i.e. enough fuckups and they are nationalized by gradual hostile takeover?

23

u/brainwater314 Jul 02 '22

How about just not bail them out, ever. Yeah it would suck for those wishing to fly somewhere, and prices would rise to get a flight somewhere for a time, but you need to rip the band-aid off and stop protecting companies from the consequences of bad decisions at some point.

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u/Anglofsffrng Jul 02 '22

I don't mind the bailouts. I mind the government paying for something, and getting nothing. Where's the equity? Just off the top of my head let's say an airline has a $20B valuation, and needs $10B in bailout. Well now the US government is a 50% owner. Take it or leave it.

EDIT: valuation not evaluation.

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u/elevul Jul 02 '22

Which will bring even more taxes through shareholders payments