#bailouts — Public Fediverse posts

and so begins the #aislop #bailouts con.

i was opposed and campaigned against the bank bailouts in 2008, am even more rabidly opposed to this grift.

don't just let the bubble pop. let them burn.

❝ A Fed official is asking whether AI is becoming ‘too big to fail’ https://thenextweb.com/news/a-fed-official-is-asking-whether-ai-is-becoming-too-big-to-fail

https://www.dailykos.com/stories/2026/5/9/800035133/series/trump-economy-broken-twice-covid-china-tariffs/?utm_source=dkre2&utm_medium=email
#trump #donold #donaldvonshitsinpants #trumpstein #trumpsteinclass #trumpcrimefamily #tariffs #economy ##uspol #uspolitics #history #news #Infrastructure #jobs #employment #AmericanRecoveryandReinvestmentAct #tradewar #china #bailouts #covid #scotus #iranwar #rnc

#BANKS AND #GOVERNMENT ARE #STEALING RIGHT NOW!

They are cheating you when your are paying or "bailing out" a private #bank for re-loaning too much money to others or #speculating and #gambling too much.

Banks and Gov do #bailouts with public money which is basically #subsidising bad people and projects for industrial #destructive things and #pollution to our whole #system.
🔥 🐝 🔥 🔥 🐝 🔥 🔥 🐝 🔥 🔥 🐝 🔥
#AltText #Medicare #Shrug #NoMoney #Cheaters #Gov

The ”too big to fail” #bank #bailouts in the USA are back!

But this time they’re feeding the banks cash under the radar, on an almost daily basis.

https://youtube.com/watch?v=xL9ZF2fV5do

#economy

Keeping your #money in a credit union fights #inflation. #Banks create money, lend up to 900% of deposits! Goo: "Credit unions face stricter #regulations, such as #caps on member #business #loans (often limited to 12.25% of total #assets)." #supply&demand #hyperinflation #bailouts #EndTheFed #Cash

Economic #bubbles keep rising one after the other, wiping off people's savings and investments as they pop. Why won't these corporations ever learn? Looks like they do! Guess who pays for their #bailouts? You, of course! They private the gains and socialize the losses. It's all by design!

The only way to rein in this madness is to tell these billionaires that they're on their own, the next time. Move your savings somewhere else, where it can't be just handed over to them.

Here again, somehow... 🙄😤🚩 #NoBailouts #OpenAi #maga #bailouts #altleft

November 08, 2025 at 11:09PM

via ig https://instagr.am/p/DQ0s6JljA0O/ #ellars

How are Americans going to bail out the social security ponzi scheme?
#pensions #retirement #budgetdeficits #pyramidschemes #ponzi #ponzischemes #socialsecurity #uspolitics #usa #americans #retirees #bailouts

@KimPerales Why would #DonaldTheDeplorable give #American farmers #BailOuts to keep them out of bankruptcy?

#Trump and his cronies are #VultureCapitalists eagerly waiting to buy their farmland ‘on the cheap’ - again! https://www.salon.com/2018/09/19/how-trump-benefitted-from-the-2008-recession_partner/

#Resist the #TrumpCrimeSyndicate and #AmericanCarnage2.0!

🎉 Oh look, the "innovative" VC saviors have traded in their disruptor caps for bailout begging bowls! 🚀 Who knew that the best "exit strategy" was a taxpayer-funded U-turn? 🤦‍♂️
https://nextwave.partners/gdp-shock-venture-capitals-government-bailout-begins/ #VCs #Disruptors #Bailouts #Taxpayers #Innovation #HackerNews #ngated

The real “free riders” aren’t the #poor - they’re the #ultra-wealthy who hoard wealth while workers struggle.

If #billionaires can afford tax havens and #bailouts we can afford #UBI

Let’s stop asking how we’ll “pay for it” and start asking why we keep funding a system that benefits the few at the expense of the many.

Why do we?

#PeopleOverProfits #UBI4ME #UniversalBasicIncome #TaxTheRich #CostOfLiving #SocialChange #policy #PayForIt

7 times larger? 🤔I believe it. I heard somewhere they changed the laws so these glorified gamblers wouldn't have to come to Congress and publicly beg for bailouts... which is something that notified and enraged the public last time. 🤷🏿‍♀️
#economy #bailouts #realestate #housing

#DiabloCanyon #NuclearPowerPlant brings #profits for PG&E, deadly risk for residents [and the #environment]

Tina Landis
August 19, 2024

"Despite opposition from residents and #environmental organizations, California legislators passed #SenateBill846 in 2022 to extend the life of the dangerous, aging Diablo Canyon #nuclear facility.

"Located on the Central Coast surrounded by several #fault lines, one has to question why a nuclear facility was placed in an #earthquake zone to begin with, much less allowing it to continue to operate well past its retirement date. The world witnessed what can happen to a coastal nuclear facility in an earthquake zone when the 2011 #Fukushima disaster triggered a meltdown that displaced nearly half a million residents, with vast amounts of #RadioactiveWater still being released into the ocean today.

"As long as Diablo Canyon remains open, Californians live with the constant risk of suffering the same type of disaster.

"From its inception, Diablo Canyon had little public support. Protests occurred regularly during its construction, and thousands were arrested for #CivilDisobedience actions in 1981.

"In the 1970s and 1980s, California’s three largest utilities spent billions of dollars building dangerous and costly nuclear plants like Diablo Canyon, which resulted in skyrocketing rates for customers. Big industry fought back against these increased energy costs, which resulted in deregulation bills consisting of multi-billion dollar #bailouts to the state’s utility companies to cover their costly investments in nuclear.

"Today, the last remaining nuclear plant operating in the state is still draining billions in funds that could be used for safe, #renewable energy development. To keep Diablo Canyon running 5 years past its retirement date is expected to cost $8 billion to $12 billion. A federal aid package of $1.1 billion will contribute to some of those costs – meaning federal #taxpayers’ money – while the remaining billions will be passed on to #California #ratepayers.

"Despite being run by PG&E and only generating power for its territory, customers of #SouthernCaliforniaEdison and #SanDiegoGasAndElectric will help cover the remaining costs of the Diablo extension. Edison bills will increase by around $1.25 a month and SDG&E by 87 cents a month, while PG&E customers are expected to chip in $2.07 a month – and that’s just for the first year. Critics warn that costs are likely to increase in coming years to keep the plant running, and that’s on top of already skyrocketing PG&E rates that have doubled over the last decade. And if PG&E collects more funds than are needed for Diablo’s operations, they get to keep it!

"In 2022, when legislators pushed this through #SB846, the excuse of energy shortages was used due to pandemic-related supply chain issues and massive #wildfires. But today, there is plenty of energy being produced with increased #solar and #battery storage capacity that has kept the lights on even during this summer’s unprecedented heat waves driving up demand. The California Public Utility Commission’s own reporting shows that an additional 18,500 megawatts of new resources were added to the grid between 2020 and 2024, which is enough to power around 14 million homes. Another 11,000 megawatts will be added by 2028.

"Nuclear has the third highest lifecycle emissions of all energy sources after scrubbed #coal fired plants and natural gas – meaning it is far from being zero-emission. It also creates the unresolved issue of the #RadioactiveWaste which remains dangerous for tens of thousands to millions of years.

"Keeping the Diablo facility running will only hold back further development of safe and truly low-carbon, low cost renewable sources like solar and #wind energy.

"So why isn’t Diablo Canyon being decommissioned? The short answer is that #capitalism must ensure continued profits for the #InvestorClass.

"SB 846 authorized Diablo’s extension through 2030, and gave PG&E a $1.4 billion loan for the for-profit utility to facilitate the plant’s extension. #GovernorNewsom facilitated another transfer of taxpayer dollars to PG&E through an additional $400 million loan from the state’s general fund, included in the recent budget deal. Critics warn that these 'loans' will never be repaid, meaning residents will be fully subsidizing the Diablo extension – from federal and state tax dollars to our utility fees.

"But there is a way out. SB 846 allows the #CPUC to retire the plant earlier than 2030 if sufficient levels of new renewable zero-carbon energy resources exist, are interconnected, and meet demand, which is the case.

"CPUC has a long track record of serving PG&E’s interests, so intervention by the commission is unlikely. One example of many that demonstrates their close relationship: CPUC is not requiring PG&E to show how much of our utility bill actually goes to the Diablo extension, but instead lumps the cost in with 'public purpose programs,' making it impossible to determine.

"While communities are demanding an early shutdown of Diablo, PG&E is currently applying for a 20-year license renewal from the Nuclear Regulatory Commission [#NRC] for the facility, which is expected to be approved. This would mean customers will foot the bill to keep this dangerous nuclear facility running through 2045, far beyond the original expiration dates of 2024 and 2025.

"CPUC has proven their unwavering support time and again for PG&E’s monopoly control over the state’s energy system at the expense of residents’ safety and affordable rates. The Diablo Canyon nuclear plant is just another mechanism to squeeze ratepayers and line the pockets of shareholders who live far away from the dangers posed by this aging facility. Only a public takeover of this #corrupt utility can win clean, safe and affordable energy for all."

Source:
https://www.liberationnews.org/diablo-canyon-nuclear-plant-brings-profits-for-pge-deadly-risk-for-residents/

#PGAndE #RethinkNotRestart #NuclearCorruption #NuclearBailouts #RenewablesNow #NoNukes
#DiabloCanyonNuclearPlant
#NuclearPowerCorruptionAndLies #California #WaterIsLife #OceansAreLife

#Russia producing three times more #artillery shells than #US and #Europe for #Ukraine

https://ground.news/article/russia-producing-three-times-more-artillery-shells-than-us-and-europe-for-ukraine_6723bd

It's difficult to see this as anything other than wealthy countries being distracted and talking to themselves while a disaster slowly unfolds. Just like the #covid response, or the outrageous #bailouts after the 2008 banking crisis caused by the outrageous deregulation of finance, with the predictable and predicted results that we still live with today.

Canadian Journalism is Such an Unsustainable Mess, They Are Wholly Dependent on Government Bailouts

Government programs aimed at bailing out journalism outlets are set to expire next month. This led some reporters to fear another wave of layoffs.

When I was covering t

https://www.freezenet.ca/canadian-journalism-is-such-an-unsustainable-mess-they-are-wholly-dependent-on-government-bailouts/

#Business #News #bailouts #BillC18 #Canada #government #journalism #Media #OnlineNewsAct

Couple of little nuggets I left out because I'm trying to be concise (ha), but they're so interesting:

1. The BEIC was able to unload tea in the American colonies because the English parliament, rather than let the company fail, bailed it out. Part of the bailout conditions were that they got a monopoly over tea sales in the colonies. Same as it ever was, eh?

2. BEIC agents who wrote letters and contacted the media (such as it was) to spread the word, and the outrage, about the completely unnecessary famine, were possibly the world's first whistleblowers.

#Capitalism #Bailouts #History #TIL #TodayILearned

Today on my podcast, I read my story "Moral Hazard," a madcap tale of #fintech, #inequality, #FinanceBros, #Wyoming, #homelessness and #bailouts , from "Communications Breakdown," a new book from MIT Press, edited by Jonathan Strahan, with stories from Elizabeth Bear, SB Divya, Chris Gilliard, Lavanya Lakshminarayan, Ken Macleod, Tim Maughan, Ian McDonald, Anil Menon, Premee Mohamed & Shiv Ramdas.

Episode:
https://craphound.com/stories/2023/11/12/moral-hazard-from-communications-breakdown/

MP3:
https://archive.org/download/Cory_Doctorow_Podcast_455/Cory_Doctorow_Podcast_455_-_Moral_Hazard.mp3

Anthology:
https://mitpress.mit.edu/9780262546461/communications-breakdown/

#nationalize #bailouts

Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout - - https://www.coindesk.com/consensus-magazine/2023/05/01/bitcoin-set-new-record-of-daily-transactions-the-same-day-the-us-government-quietly-engineered-a-bank-buyout/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #consensusmagazine #transactions #newsletters #ordinals #bailouts #opinion #thenode #bitcoin #banks

It's apparently way too expensive to pay off tuition loans but quick, easy and affordable to bailout companies who had their money in uninsured accounts in #SVG
#bailouts #tuitionLoans #finance #economy

https://www.commondreams.org/news/billionaire-bailout-fdic-svb

@ThunderousProphet Some private equity jackals will buy it for nickels on the dollar & try to raise your interest rate most likely. The game is rigged against us.

#banks #mortgages #savingsandloans #wallstreet #Bailouts

Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem - - https://www.coindesk.com/consensus-magazine/2023/03/20/bitcoin-laughs-as-credit-suisse-implodes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #consensusmagazine #swissnationalbank #creditsuisse #newsletters #saudiarabia #bailouts #opinion #thenode #bitcoin #banking #crypto #ubs #doj

#WarrenBuffett has weighed in on #BankRuns, #bailouts and the dangers of insuring deposits. Here are 9 quotes that shed light on today's #BankingCrisis. https://markets.businessinsider.com/news/stocks/warren-buffett-banking-crisis-bank-runs-bailouts-deposit-insurance-svb-2023-3?utm_source=feedly&utm_medium=webfeeds via Business Insider

#Bailouts of insolvent banks don’t lead to #hyperinflation https://marginalrevolution.com/marginalrevolution/2023/03/bailouts-of-insolvent-banks-dont-lead-to-hyperinflation.html?utm_source=feedly&utm_medium=rss&utm_campaign=bailouts-of-insolvent-banks-dont-lead-to-hyperinflation

This just boils my blood 😾 #svb #bailouts #capitalism