Migrated from [email protected], which now appears to be dead. Sadly lost my comment history in the process. Let’s start fresh.

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Joined 1 year ago
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Cake day: June 24th, 2024

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  • I don’t necessarily have a problem with it being an interest-free loan, if it serves to keep a business over water and saves jobs. To me that’s an appropriate use of taxpayer funds. I’m all for taxpayer subsidies if they are balance-positive to the taxpayer, i.e. jobs are preserved and the subsidies result in meaningful economic activity.

    What’s bad is when otherwise profitable businesses use threats of job cuts and closures to obtain taxpayer bailouts so they can keep paying big bonuses and shareholder dividends. A lot of that happened through COVID, and the taxpayer threw billions at big business for very little in return. So maybe restrictions on layoffs and such would need to be written into a system like that. The punitive aspects need to incentivise the intended behaviour and strongly disincentivise the wrong behaviour.



  • Big corporations begging taxpayer bailouts and then using them on bonuses and dividends. It’s a humongous waste of money that does nothing but enrich the wealthy. Most of the time it doesn’t even save jobs.

    If, as a large corporate, you want a bailout from the taxpayer, then the government/state will take a portion of your shares in escrow, equivalent in value to the amount of money you’re asking for or getting. Those shares (in case of publicly traded companies) are withdrawn from the stock market, become non-voting shares and are frozen at their price at that time. Within a to-be-determined time period (five years maybe) the corporation, if it gets profitable again, can buy back all or part of the shares from the government at that price per share - thus returning money to the taxpayer. Anything that’s left after five years, the government can do with as it sees fit - sell them at market price (thus recovering the spent money), or keep them use them to vote/control the company.

    There probably is a lot wrong with this proposal. But something needs to be done to discourage big business from hoovering up taxpayer money like it’s going out of fashion. Most of the time the taxpayer is getting absolutely no value from that spend.











  • Books:

    Wool/Shift/Dust by Hugh Howey. A well written, immersive post apocalyptic fiction that has a satisfying conclusion.

    The Passage/The Twelve/The City of Mirrors by Justin Cronin. Pretty much the same as above.

    The Century Trilogy by Ken Follett. A huge read that spans almost a century (from just prior WW1 to the late 20th century), accompanying the same families from several different countries and embedding them into significant world events of the 20th century. Really well written and enjoyable.



  • I always say: if I’m ever in a situation where I need a job and can only get one with a former employer - do I want them to say “hell yeah” or “hell no”?

    I’ve worked with people who, if they had to ask me for a reference, I would decline to give one. By the same token, I would reject their application for a job in my company or team. And I have worked with the opposite - people who will always under any circumstances get help from me if they’re looking for a job. All the competence in the world doesn’t help if someone is miserable to be around.

    Having contacts, people who are willing to give references and similar always helps. Sure, you can do job hunting hard mode, but why make things unnecessarily difficult?