Hacker News new | ask | show | jobs
by refulgentis 1096 days ago
Does asking this advance the discussion, or is it a passive-aggressive way to continue signalling you believe “seized the bank and sold it, keeping deposits whole” means “SoftBank bailout”?
1 comments

If you really think about it, it was a bailout of the American people. And that's why it was good and an example of socialist praxis.

After all, startups take venture capital money from the rich and spend it primarily on t-shirts and catering - which primarily comes from small businesses who hire local unskilled labour.

Marx would be proud of the FDIC for their work.