Fun fact: one of the reasons the EU calls Orban 'autocratic', was because he... legalized voting by mail.
Here's the principle of the regime: Voting by mail democratic when benefit friend. Voting by mail undemocratic when benefit enemy.
Also because it claims most of the media is dominated by his supporters, though I bet not nearly to the extent the American media shills for Democrats and GOP neocons.
In fairness, dictators can absolutely do this, none of this is outside of their purview, and plenty of dictators would raise taxes on companies to seize their profits and assets for their political agenda.
In fact, the UK just passed a law taxing oil companies for having made profits, simply because they can.
I actually do think these are totally unacceptable policies. But they are not dictatorial policies. Just bad ones that can destroy the economy of those countries.
You're not going to let that go, are you. Everyone makes mistakes.
'Everyone' doesn't make as many mistakes as you, and you didn't even acknowledge that you made it (like you did when you said that Georgia is a NATO member). So of course I'm going to bring it up, until you do.
Airlines nearly went bankrupt in 2020 and nobody did anything to save them. Oil companies took huge losses.
There was a lot of state aid in European countries for flag carriers. Unfortunately combined with all sorts of 'global warming' idiocy demands, but it was there.
Banks were bailed out to prevent economic collapse due to lack of trust in financial institutions.
General Motors was also bailed out. It certainly isn't automatic, but it is not an impossibility either, like you seemed to claim.
They can't have received that much, they just did a share issue to cover debts. In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.
In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.
A state loan is support. Hell, the auto bailout, which you acknowledged as state support, was a loan, as was TARP.
Fun fact: one of the reasons the EU calls Orban 'autocratic', was because he... legalized voting by mail.
Here's the principle of the regime: Voting by mail democratic when benefit friend. Voting by mail undemocratic when benefit enemy.
Also because it claims most of the media is dominated by his supporters, though I bet not nearly to the extent the American media shills for Democrats and GOP neocons.
Canadian media literally took hundreds of millions of dollars from Trudeau.
It's different when the regime's friends do it.
In fairness, dictators can absolutely do this, none of this is outside of their purview, and plenty of dictators would raise taxes on companies to seize their profits and assets for their political agenda.
In fact, the UK just passed a law taxing oil companies for having made profits, simply because they can.
I actually do think these are totally unacceptable policies. But they are not dictatorial policies. Just bad ones that can destroy the economy of those countries.
Yeah, both left and right-wing authoritarians have no problem seizing peoples money. Both are bad.
S...s...spending cuts?!
Can a government do that?!
Heck, it's more spending cuts than tax increases. That's based as hell. Even if it is mostly just a delay on spending.
What I love about windfall taxes, is when there's an unprecedented loss, they expect the shareholders to tank it.
Always money out, never in.
Seems like you were born in 2009, which explains both why you are unaware of the bank bailout and why you think that Obama was President in 2008.
You're not going to let that go, are you.
Everyone makes mistakes.
Airlines nearly went bankrupt in 2020 and nobody did anything to save them. Oil companies took huge losses.
Banks were bailed out to prevent economic collapse due to lack of trust in financial institutions.
'Everyone' doesn't make as many mistakes as you, and you didn't even acknowledge that you made it (like you did when you said that Georgia is a NATO member). So of course I'm going to bring it up, until you do.
There was a lot of state aid in European countries for flag carriers. Unfortunately combined with all sorts of 'global warming' idiocy demands, but it was there.
General Motors was also bailed out. It certainly isn't automatic, but it is not an impossibility either, like you seemed to claim.
Uh huh.
The only one I remember is Alitalia getting taken over by the Italian government because they were about to file bankruptcy.
It's Cathie Wood's turn to bail them out this time.
Maybe they'll finally die.
Well, if you don't remember it, that settles it. I guess Air France received no aid after all.
They can't have received that much, they just did a share issue to cover debts. In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.
https://archive.ph/osd9t
Are the governments issuing windfall taxes going to pay them back to these companies?
Oh. That settles it then.
A state loan is support. Hell, the auto bailout, which you acknowledged as state support, was a loan, as was TARP.