114
Famously neoliberal Prime Minister decries the extremely predictable outcome of neoliberalism.
Maybe he could try resolving this situation with privatization!
this post was submitted on 11 Feb 2024
114 points (100.0% liked)
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It's pretty interesting that he gave Bell a ton of money with no conditions and they didnt do anything favourable for Canadians.
Then his opposition says we should give them even more money and makes sure they have even less constraints. Truly brilliant tacticians at work.
This is like giving $10,000 to the local mafia to not break your favourite store keepers kneecaps .... then the next day finding out the store keepers kneecaps were broken anyway
You want to show outrage? ... stop handing these idiot corporations money. If they are too big to fail, then they shouldn't fail if they survive on their own. If they fail because we didn't help them, then it just means that they weren't viable as a business anyway. Stop giving them handouts and bailouts.
Require that if a company is too big too fail, in order to receive bail out money they have to completely rebrand into something else, and CEO, CFO, etc. and all board members need to quit without compensation.
Also, the government becomes the majority shareholder.
That point is always laughable ... a company fails or losses lots of money so they lay off and punish the workforce while giving the CEO and top executives bonuses and million dollar deals.
It means they rewarded the same people that caused or led the company to its failure while punishing those at the bottom who were just merely following the leadership of those above them.
If only he had any power to do something. Oh well.
Is he just realizing that bell sucks now? My wife's phone service with them was $85 a month for a crappy plan. She switched to Koodo for better plan at $45. Bell called to ask why she switched, when she told them the $45 plan, they said they could move her back to bell for $50 a month. LOL They have no clue.
Maybe he should offer to give them even more money NSA so long as they promise to reconsider the layoffs?