But such an arrangement could also pose novel governance challenges, given the complications of the U.S. trying to effectively regulate something it partially owns, while also arguably increasing the incentives for a federal bailout.

“We should not take ‘tip money’ but force them to cough up 50% of the equity — to be dispersed to American citizens.” (Steve Bannon)

Couldn’t be a more obvious bailout.

Brazil recently had a similar situation with a bank (Banco Master) that wasn’t being as lucrative as it actually told investors, effectively running a pyramid scheme. Since the owner of said bank, Daniel Vorcaro, easily became friends with high ranking politicians, he easily got state govts and pension funds to buy his shit, which he used to pay some older investors.

The entire shit came crumbling down after a state bank, BRB, who already had a lot of money invested in Master, tried to buy his bank, the local congress denied that, then state governor insisted on the bailout buyout, at which point regulating agencies finally took their time to look into the situation and noticed that, oh no, there was no money there! Shit blew way out of proportion because Vorcaro seemed to be “close friends” with many politicians, all of which used govt agencies and companies to “invest” into the bank.

Sam Altman, the CEO of OpenAI, has discussed the idea with senior Trump administration officials periodically since the president began his second term, said two of the sources

Of course the idea came from Altman, he knows OpenAI is not going to be profitable at fucking all

discussions have centered on having the firms voluntarily cede the shares to the government, the people said. The returns on the investment could then be directed to public purposes, one of the people said, such as distributing a dividend payment to all American households.

Someone explain to me how do you pay dividends when you’re not profitable