Quote (StayPositive @ Apr 16 2021 09:23am)
Bailouts are not capitalist or socialist, they’re something else. Usually bullshit cronyism and yes they favour the rich.
If you’re talking about the airline industry bailout going on in Canada, that’s something else entirely. It’s surely greasy as hell under the hood, but a giant country without functioning airlines because of a pandemic is not going to recover as fast as a functioning one. US style wallstreet bailouts are not the same as what’s going on with Air Canada.
Maybe I don’t understand bailouts enough, specifically this airline one, but there should be strict guidelines on how that money needs to be spent.
Im tired of companies receiving bailouts and then letting go of their work force or buying back stocks