Michael Douglass@thelemmy.club to Ask Lemmy@lemmy.world · 16 days ago

When I hear of bailout money being used by CEOs to give themselves bonuses, couldn't the government buy the debt and make sure the money is spent the right way?

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When I hear of bailout money being used by CEOs to give themselves bonuses, couldn't the government buy the debt and make sure the money is spent the right way?

Michael Douglass@thelemmy.club to Ask Lemmy@lemmy.world · 16 days ago

I have absolutely no clue how this stuff works, so forgive me if the question stands on a false premise.

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16 days ago
When the government manages companies that’s called communism and communism is bad, mkay?
- Michael Douglass@thelemmy.clubOP
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  Aren’t government employees sometimes placed as overseers in certain types of settlements against corporations?

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