The right approach would be to nationalize if you claim it has national security interests. Partial stake only incentivizes worst qualifies of capitalism.
National security interests would drive the selection of certain companies. But all companies that need a bailout should do it in exchange for privileged stock. I’m tired of companies like ATT getting billions of dollars of free money for shit like “fiber infrastructure” and then just pocketting it. If they want that money, and if it is a matter of law, then they get uncle sam on the board telling them to spend it how it was meant to be spent.
The right approach would be to nationalize if you claim it has national security interests. Partial stake only incentivizes worst qualifies of capitalism.
National security interests would drive the selection of certain companies. But all companies that need a bailout should do it in exchange for privileged stock. I’m tired of companies like ATT getting billions of dollars of free money for shit like “fiber infrastructure” and then just pocketting it. If they want that money, and if it is a matter of law, then they get uncle sam on the board telling them to spend it how it was meant to be spent.
Bailouts are already conditional by law. Companies just break them and get fined cents for it. So clearly that’s not the solution.