this post was submitted on 26 Oct 2024
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[–] [email protected] 11 points 15 hours ago (1 children)

I mean, 'take the money, build an empty factory' is what tech companies do when you give them a money helicopter.

Maybe we should stop giving them any money and just nationalize these failed businesses that need bailouts? (Yes, yes, Intel isn't failed - yet - but my point is still valid.)

If they're important to the national security or whatever, then they're important enough to go through that process for too.

[–] [email protected] 5 points 13 hours ago

"We took your $8.5 billion and instead of building 8.5 billion dollars worth of extra capacity, we built the capacity we were in the process of building anyway and used 8.5 billion dollars of our money to buy back stock"