caryking said:
SmaptyWolf said:
caryking said:
hokiewolf said:
Should the Federal Government fund the research and get nothing from it? First, I would stop all research funding at Universities. Now, I know I wouldn't get alignment on that; therefore, I want an equity stake in the investment.
It was worth watching that video just to see Lutnick groveling at the end before Dear Leader. Jesus you guys are out there.
But hey, why stop at universities, comrade? Should the government take a big chunk of the equity in everything Elon Musk ever did? And every other major industry in America that has received subsidies?
I'm just glad we've got economic geniuses like you and Lutnick to fix our "strongest economy on the planet" problem. We'll be an economic backwater in no time!
Did you even understand my position?
I'm not a fan of the Federal Government doing any of this stuff. Heck, did you say previously the Federal Government should have bailed out your defunct company?
My point is simple… don't do it any of it; however, if you do, treat it as an investment and get an equity position in the investment. You probably don't know this simple thing… an investor wants a return on an investment. How is that done?
You probably just want a bailout. Givers and takers in this world. My hunch is you're a taker…
I definitely understand your position, it's just the kind of ignorant nonsense that kids cook up in freshman dorm rooms at 3 am. If it weren't for the "common good" pooling our resources and taking risks in a way that the private sector just can't, the
vast majority of our country's big innovations (including medicines), or even industries, and of course our infrastructure. wouldn't exist. The list is endless, and you clearly take it for granted, since it definitely affects your ability to have a business. You guys bawl about "job creators"...
that's how a country creates job creators, even if they personally never get a direct subsidy.
So the idea of a country not doing that is shockingly stupid, unless your goal is to just be Haiti living in China's world. But if we are going to act like a First World country, your choice seems to be the most MARXIST possible. Lol, wut?
P.S. A handful of specific banks like Lehman were allowed to die because their century-old competitor Goldman Sachs controlled the bailout money. But no, we had no choice but to bail out the banks. I'd explain the macroeconomics of why that is, but it'd be a waste of time I'm sure. What I have said is that the banks needed to be regulated much more heavily because they
are too big to fail without taking us with them. They still aren't, so plan on bailing them out again sooner or later.