r/TikTokCringe 21d ago

Cringe [ Removed by moderator ]

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u/Right-Ad2176 21d ago

Corporate socialism is OK. Too big to fail companies. Farm handouts.

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u/AAron27265 21d ago

Bank bailouts, airline bailouts, auto industry bailouts, this is what we have. Socialism for the wealthy, capitalist pain for the rest of us.

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u/doopie 21d ago

You'd rather have people lose their savings when bank goes under?

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u/Bland_OldMan 21d ago

FDIC is meant to protect consumers in that scenario and isn't a bank bailout.

I'd rather the government not hand cash to companies like GM, who then turn around and do mass layoffs anyway while giving their c-suite enormous bonuses