Ro, that’s insane.
You want the state to loan money to the founder, who will then immediately give it back to the state as a wealth tax ?
Meaning the state has not received any incremental receipts? What’s the point of that ?
Unless of course you want the gov to own shares (something I thought you criticized) and possibly have control, of companies who underperformed, (or the funding market changed), and couldn’t pay back their loans over those 10 years ?
And I’m sure the investors in those companies will be thrilled about their new partners. That will make for interesting board meetings. “Today’s first topic is trying to figure out how to motivate the founder(s). They just lost $250m of their shares in the company they founded, to the state of California. Anyone got any ideas ? “
But at least it’s amazing for state’s brand.
“Cali, You make it. We take it !”
Come on Ro.
Ideology is not a strategy.
@GavinNewsom
@elonmusk We were paying $378 with Comcast, no one was watching TV other than streaming. With Starlink, we’re paying $100 and we get a better service. We’re buying stocks with the money saved. Switch now.
@StephenM It will probably happen here also, like in Venezuela and other countries. Until the socialists take over and destroy the country. Then people will realize that they were lied to.
28 mentions of Trump in 60 minutes.
That’s once every 2 minutes.
If talking about Trump fixed roads, lowered taxes, and made housing affordable, Massachusetts would be thriving.
Instead, Moulton spent an hour proving that the only thing he and Ed Markey are running on is talking about Donald Trump.
Massachusetts deserves better.
@MattWhitlock You could be wrong, have you been to Maine recently? Demographic change is off the charts, lots of old white liberal folks with money, this is going to be very close. Probably within 2 points either way.