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US Democrats Casar and Waters introduce resolution opposing bailouts for AI bubble losses

1 report1 sourceupdated 2 hours ago

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Reported October 30, US Representatives Greg Casar and Maxine Waters introduced a resolution opposing bailouts for companies that become insolvent when the AI bubble bursts, arguing for protecting workers, retirees and low-income groups. The resolution rejects emergency loans, direct capital injections and executive severance packages for such companies and executives, and calls for civil and criminal liability for violations. It also urges federal support for jobs, unemployment insurance, food and housing aid, protection for pension and retirement fund holders, and stronger transparency, accountability and automatic economic stabilizers. The resolution has been introduced.

Written by AI from the coverage · updated 55 minutes ago

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Oct 30
  1. Hacker News front page
    US Reps Lead Democratic Resolution Opposing A.I. Bubble Bailout for Big Tech

    美国众议员 Greg Casar 与 Maxine Waters 共同提出决议,反对救助因 AI 泡沫破裂而陷入资不抵债的企业,并主张保护劳动者、退休人员及低收入群体。决议反对通过紧急贷款、直接注资或高管离职补偿救助相关企业及高管,要求对违法行为追究民事和刑事责任。决议同时呼吁联邦政府支持就业、失业保险、食品与住房援助,保护养老金和退休基金持有人,并加强透明度、问责机制及经济自动稳定机制。

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