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Comment by UqWBcuFx6NV4r

1 day ago

> The only possible entities who could buy a company are either a bigger company, or private equity.

The American mind virus at work.

My (non-US) state government literally purchased a private hospital late last year. Now it’s public.

Keep telling yourself that corporations are going to save you. Maybe it’ll happen eventually.

Oh, trust me, I would absolutely love for a lot more of the US to be socialized (certainly healthcare, housing, and transportation.)

Unfortunately that is virtually impossible in the current political climate, so I didn't include it.

What I was trying to say is that, as it stands, PE is the end of an entity's life. Once it's been strip-mined for all value, of course nobody wants it.

  • > that is virtually impossible in the current political climate

    We probably need a Constitutional amendment codifying independent agencies before it can happen. We don’t need the President denying protesters medical treatment because he needs to distract from his pediphilia.

My red state rural county setup our own ambulance district. We now get much better service than before.

  • Hell yeah! Some things are meant to be infrastructure. Now do fiber-to-the-premises!

The government-owned things still suck too, they just give sweetheart contracts to whoever greases the right palms even though they suck. The money still flows to bad people, no matter what. Having it be tax money in the first place just increases the possible money available to be stolen, since government budgets can in practice only go up, plus the feds can print money.