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points by BeratnaGas 2 days ago | 0 comments
Congressional approval isn't required for an AI bailout.
[–] rurp 2 days ago
For any normal use of the term congress very much is required. They literally control federal spending. If you had some less common idea in mind you should explain it rather than dropping a one line comment that seemingly makes no sense.
[–] peterbecich 2 days ago
I don't think Trump can provision hundreds of billions for a bailout without Congress. Thank goodness.
[–] paulpauper 2 days ago
that is right. Trump did this with intel, metals, and other sectors and companies in 2025-2026 . what happens is $ for something else is appropriated for direct investment
[–] Terr_ 2 days ago
AFAICT there's a lawsuit over the Intel thing in Paisner v. Tan, but I'm not sure what its current outlook is.

https://news.bloomberglaw.com/esg/lutnick-defends-trumps-int...

https://www.pacermonitor.com/public/case/64069897/Paisner_v_...

[–] no-dr-onboard 2 days ago
privatize the gains

socialize the losses

we truly have learned nothing :/