I’m also sure whatever Boeing and the hedge funds get, they will not have to pay back.
I understand that this is the way our system works - and that crony corporatism is far preferable to the collectivist alternative.
But I don’t have to like it...
Actually, the loans to small businesses will be forgiven, if I understand it correctly. Not true of the loans going to Boeing and the airlines.
I get your sentiment. You are practical and will put your energies towards things you can control, that you can do something about,
But let’s go off topic to talk about abuses for a second to illustrate what is happening.
The Admissions scandal. It was a headline earlier last year. Probably it blew right past you. The subject matter of the scandal is not what’s important, it’s the magnitude and blatant in your face abuse that grew over decades.
Once the elite universities had a policy that if you were high IQ, an eagle scout, a medal of honor winner, etc. then you might be accepted.
But if you were rich or in a protected class, well then, now we’re talking.
Acceptance meant access to pathways leading to the very best jobs, positions, government office titles, etc. The elite universities provided pipelines to elite positions and to the ....
ARISTOCRACY.
Ok? So now these pathways were first enhanced, like starting back in the 70s with “my dad is really really really rich as in richie rich” or “I am black and my grandma was a slave”.
Yep, no problem.
Fast forward to today, and the initial practical tolerance of class and sympathy for the downtrodden mushroomed into every conceivable abuse imaginable.
Today we have humanoids with male appendages claiming they are female so they can compete in women’s sport, stomp all over the female athletes.
Why?
For the scholarships.
The scholarships are another vehicle to elitism, to the ruling class, to the aristocracy.
This took 5 decades to evolve.
If a buck can be made faster and easier, Americans will find a way to do it. We’re good at that. Same with finding loopholes to climb into the ruling class.
Another easier example that most can understand:
A farmer works like hell to rid his patch of weeds. After a lot of hard work he does the math and takes pride that his patch started at 10 weeds per square and is now down to less than one weed per square as a result of his hard work.
Fifty years later after the farmer has passed, a buyer for the patch hires an appraiser who measures there are about 20 weeds per square on average. The patch is overgrown, it’s a pile of crap.
The buyer buys the pile of crap for pennies on the dollar and he does so because he has a buddy in something called ‘The Fed’ who permits him free money to tend his pile of crap where the word ‘tend’ means trade it with other members of the buyer’s club. And the buyer takes his Fed buddy to lunch every day, to extravagant parties, to quickies on Epstein Island, etc. The Fed Buddy says to his buyer buddy, “You’re doing well, do you need any more?”
Ok, so being practical and ignoring the problem can work well for time, maybe a long time. But at some point we see piles of crap springing up all around us.
We’re there now.
To add insult to injury, if we complain we’re called socialists. We’re not socialists, we are capitalists but the Fed and buyer buddies and their Oligarchy world think they are entitled ownership of the word ‘capitalism’, like they copyrighted it or something, and everyone else is a socialist.
Huh?
You see the game here.