Trump 47

Did he just literally say there were lots of innocent people in those files and then immediately call it a hoax !?!?!?


Q: The DOJ is sending some of the Epstein files over to the House Oversight Committee. Are you in support of them releasing them?

TRUMP: Innocent people shouldn't be hurt. You have a lot of people that could be mentioned in those files that don't deserve to be because he knew everybody in Palm Beach. It's a hoax.

 
So are there examples of the government doing this before? I don't know that Rob is capable of giving an honest answer and am guessing we will see something when pro trump social media comes up with a "But Biden/Obama did it first" false equivalency. There has to be some sort of precedent though. Looking in Google I usually find something pretty quick but so far I have nothing.

Roosevelt went pretty socialist during the great depression but it was all direct government stuff. Things like the TVA were government funded. He seemed to have a distrust of private industry acting in the publics best interest so he just kinda said the government is going to do it instead. The savings and loan issues in the 80's were before my time but it looks like those were bailouts similar to what we saw in 2008. COVID was also throwing money at business without taking equity. The Sally Mae (f them) and Freddie Macs were eventually turned into private companies but I don't think they are backed with equity by the federal government now.

Im not seeing anything where the administration can point to and say this is nothing new.
I am unaware of any examples, but I haven’t researched the question. Rob isn’t apparently big on returning the favor of answering my questions right now (even after I directly answered his to me) so we may never know.

Awkward John Krasinski GIF by Saturday Night Live
Happy Game Show GIF by Reality Club FOX
 
I am unaware of any examples, but I haven’t researched the question. Rob isn’t apparently big on returning the favor of answering my questions right now (even after I directly answered his to me) so we may never know.

Awkward John Krasinski GIF by Saturday Night Live
Happy Game Show GIF by Reality Club FOX
I can't find any instances where the Govt just took it for Free like this case. Like they just took it with no compensation to the company


Here is AI review .but note the US govt paid the company in most of these cases for the assets they aquire



Yes, the U.S. government has, at times, taken ownership stakes in private companies, most notably during the 2008 financial crisis with companies like General Motors (GM) and AIG, or through eminent domain to acquire property for public use. The government's ownership is usually temporary, involving equity stakes or temporary control to ensure the continued provision of essential services, and it is subject to legal processes like the payment of just compensation for any seized property.
Instances of Government Ownership in Private Companies
2008 Financial Crisis Bailouts:
In response to the financial crisis, the government took significant ownership stakes in struggling companies, including GM and American International Group (AIG), to prevent bankruptcy and stabilize the economy.
Nationalization of Industries:
At various times, the government has temporarily nationalized industries to ensure the continuity of essential services. Examples include:
Railroads: The entire U.S. railroad system was nationalized from 1917 to 1920 under the United States Railroad Administration.
Conrail: The government nationalized northeastern freight railroads under Conrail in 1976 to ensure essential freight services were maintained.
Eminent Domain:
The government can use its power of eminent domain to take private property, including businesses or assets, for public use. This process, known as condemnation, involves the government taking ownership and paying just compensation to the private owner.
Why Government Ownership Occurs
Financial Stability:
To prevent the collapse of major companies vital to the economy or public services, such as during the 2008 financial crisis.
Public Interest:
To ensure the continuation of essential services that private companies may fail to provide adequately.
Economic Intervention:
To stabilize markets or implement broader economic policies during times of crisis or distress.
Legal Framework
Just Compensation:
When the government exercises its power of eminent domain, it is legally required to provide fair and just compensation for the seized property.
Public Use:
A taking of property for public use must be legally justified and for the public benefit, not just for private gain.
Temporary Nature:
Most instances of government ownership in private companies have been temporary, with the government eventually selling its shares back to the public or private sector after stabilization.
 
Not a meme so I didn’t put it there.

It is, however Trump related….and very funny IMO. Your mileage may vary. Read it and thank me later. ;)

 
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