Monday, April 20, 2020

Boo-Hoo, Richard Branson

Dick Branson says he needs a government bailout:

https://www.forbes.com/sites/daviddawkins/2020/04/20/billionaire-branson-asks-for-government-money-to-save-virgin-atlantic-claims-he-did-not-leave-britain-for-tax-reasons/#66f214c0e218

Perhaps what he says is true, but if a government of the people bails out a billionaire and/or his corporations, then that government should acquire a controlling interest in said corporations.

In the long run, it is the people who are bailing out their jobs. Maintaining the lavish lifestyle of a billionaire should NOT be their responsibility. And if said corporations would otherwise go into receivership if not bailed out, then the government should be able to acquire them at fire sale prices.

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