It’d be same if gvt controlled Apple.
If the gvt controlled, say, Apple, we’d see tons of false narratives about Apple. We’d see Apple building software that gives away all its technology info to its competitors. We’d see Apple firing Tim Cook and limiting the salary of its new CEO to $600k, thus attracting only low level applicants who are willing to be puppets of the conservatorship. Apple’s innovation and business decisions would suffer. We’d see lobbyists for the TBTF determining for Apple what level of Capitalization and reserves it needs. We’d see many Apple stores shut down, so as to allow competitors greater access to the cell phone and computer markets once Apple footprint has been diminished. On and on...we’d see elected officials bash Apple in public. We’d see unregulated trading of Apple’s shares, causing enormous volatility. We’d see courts setting aside common sense laws and legal precedents and applying a “wait and see what the regulators do first” mentality to their proceedings and decisions. It’d be “common knowledge” that “Apple caused the tech crash”.
Imagine the gvt taking control of any company. All they’d do under those circumstances is pass around the company’s profits to one crony after another, and they foster / arrange for / construct and promulgate fake narratives to throw justice and eyes off the true nature of what they’re doing. Meanwhile, the cronies get ever richer. In this case, it’s the Treasury and the TBTF (which all too often act as one and the same). The narratives are eagerly promulgated by “useful idiots” such as reporters and editors, who actually don’t even know or understand the law, or what is truly happening. They just want to publish salacious stuff to get clicks online.
