Hacker News new | ask | show | jobs
by TeMPOraL 744 days ago
The point is for the government to have the ability to occasionally look the biggest wolves of Wall Street in the eye, and say to them, "haha. but no.". Exercising it doesn't require abolishing private property and taking central control of all trade.
1 comments

His point is that government should bailout failing company. I don't think this will end well if it becomes a common practice to bail out companies.