Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.
Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.
Too big to fail. Privatize the profits, socialize the losses. Unless we can vote in enough representatives that won’t put up with that absolute bullshit.
Yeah, this is exactly the problem with monopolies. They got too big to fail and they expect a fucking bail out from the taxpayers every time.
We should let them fail. We should break them up in a smaller pieces. The pieces that don’t make any money disappear. The ones that have some financial stability should continue to exist.
But the true purpose of capitalism is efficiency through Consolidation. The only way to limit capitalisms damaging affects is by regulation. Which will never happen in our current environment because the capitalist oligarch scumfucks bought all parts of the government in order to continue to receive free money from the banks and the government when they fuck up.
Oh by the way, they also want to take all the proceeds from their ludicrous stoxk valuations when the stock market is good and they want to take your pension fund when the stocks tank because they fucked up and spent all of everyone else’s money.
Maybe if we don’t pay them out this time private equity will learn something and stop buying and ruining companies in order to invest the ridiculous proceeds into stupid risky speculation on unproven technology.
We can also mobilize, and get very armed as a deterrent to illegal violence towards protestors.