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Joined 1 year ago
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Cake day: June 8th, 2023

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  • It would be a nice gesture, but I will believe those promises of support when they have teeth to them.

    What happens if they stop doing it? Do I have to sue them for breach of contract, have to prove actual damages, and settle the class action lawsuit for $5 in store credit?

    What happens if the company goes bankrupt or creates a new subsidiary to service the product and the subsidiary folds?

    What level of support are they obligated to provide? What issues must be fixed and how promptly?



  • I would go a step further and say that it should not be a stock purchase but partial nationalization. The government is not getting shares that will be sold later. The government is getting a right to appoint part of the board of directors. Every time the company issues a dividend, buys back stock, or engages in other activities to return value back to the shareholders, a proportional amount of money must be paid to the treasury. It only makes sense that if a company is so big that its failure is going to hurt society as a whole, it should be owned by society.