this post was submitted on 22 Aug 2025
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Technology
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Funny, when Europe does this, it’s called “socialism”.
Can you imagine the screams of, “COMMUNISM!!!!” If Obama or Biden had done this. It’s all we would hear about for an entire election cycle. Fox “News” would play it nonstop.
Didn't Obama do it for GM and a bunch of other companies as part of a bailout package for a period of time?
Ah but a bailout package is different. That's a display of powerful capitalism. A private company so powerful it can't be allowed to fail and a government so strong it won't allow it to fail.