I haven’t been following the bridge situation, but I thought the idea was that the company would ideally pay eventually, but by having the government pay now they get a bridge much sooner than waiting for years as the shipping company drags it though the courts? Assuming the shipping company doesn’t pull some “we aren’t American, you can’t make us pay shit” move.
Biden could just seize their assets and auction them off till it pays the debts. It’s a multi-billion dollar international shipping company with probably more assets just in that one port than it would cost to replace the bridge…
And before you say “that would be wrong”.
Reminder that civil asset forfeiture is still a thing. If a cop finds $5k in cash on you he can just fucking take it.
Oh great! Just like East Palestine, Ohio. Just a little boo boo, no big deal!
The rail gods demand a chemical sacrifice
Or like the shipping company that destroyed the bridge and Biden offered to have the feds pay for it totally unprompted…
Why are people always wanting to hold these poor billion dollar corporations accountable for their actions?
Won’t anyone think of the stock prices?!
I haven’t been following the bridge situation, but I thought the idea was that the company would ideally pay eventually, but by having the government pay now they get a bridge much sooner than waiting for years as the shipping company drags it though the courts? Assuming the shipping company doesn’t pull some “we aren’t American, you can’t make us pay shit” move.
Biden could just seize their assets and auction them off till it pays the debts. It’s a multi-billion dollar international shipping company with probably more assets just in that one port than it would cost to replace the bridge…
And before you say “that would be wrong”.
Reminder that civil asset forfeiture is still a thing. If a cop finds $5k in cash on you he can just fucking take it.
The president doesn’t have the power to do that.