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/

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