Trump and Republican leaders support government taking equity in companies that get coronavirus aid
The government bails out a company in exchange for shares in a company? Once this starts, where will it stop? Is this the new Republican socialism?
(From Marketwatch)
“I do” support the government taking a stake in certain companies, Trump told reporters at a White House briefing.
He said the government would help airlines and hotels but didn’t say that would involve buying stock.
Reprinted from: https://www.ac2news.com/2020/03/trump-and-republican-leaders-support-government-taking-equity-in-companies-that-get-coronavirus-aid/