Quote:
Originally Posted by Locke
I dont disagree on any particular point but we have predominantly Socialist Governments in power both Provincially and Federally, and thats fine, but its time to stop half-assing this.
If a company comes to you for money you have to make a choice. There is no sense in giving a company money, and we are giving, we're not getting this money back, if it isnt going to fix their problem and ergo the public's problem.
These Governments have been elected to solve our problems right? They're going to take care of it. So its time to get to it.
So either Nationalize the company and operate it as suits the Government's needs or leave them be to whatever their fate may be.
Sure, a Nationalized company is going to suck, but its what the majority asked for via elections.
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The easiest fix them is to go away from the concept of bailouts and call it a loan. Make them sign a commitment to pay the money back and all the assets go to the government if the company goes under. You can set below market interest rates. But the government basically owns your stuff until you pay it off.
Just like with the provinces, make it any kind of bailout a limited time measure. You have 3 years to turn it around.
No more gift dollars, its stupid and its allowed provinces to squander and spend stupidly.