They don’t need a LOAN, they can pay out of POCKET. Also if it DEFAULTS the TAX PAYERS will end up footing the BILL. How much MONEY will MS make off of this? Will they take care of clean up if something bad happens? If it’s a federal loan who provides the money off the bat?
Think what happen M$ decided to scrap the new data center, or straight up not buying power from the plant? What if the plant can’t make a profit? Who is going to pay when it defaults? What if there’s a slip up and end up the next Chernobyl? Of course, it’s taxpayer who pay all.
And there it is. I was complaining about subsiding the risk and privatize the profits.
Amazing how first headline was about microsbit needing this…
Now owner needs state aid to provide electric for microshit AI
Ain’t free market capitalism great, wage slaves
U pay for everything
It makes me irate. However it’s not free market capitalism. This is corporate welfare.
indeed but i like to get a rise out of Corpo Democrats (bootlickers) and right wingers (which we really don’t get around here much)
They are seeking a LOAN.
They don’t need a LOAN, they can pay out of POCKET. Also if it DEFAULTS the TAX PAYERS will end up footing the BILL. How much MONEY will MS make off of this? Will they take care of clean up if something bad happens? If it’s a federal loan who provides the money off the bat?
Think what happen M$ decided to scrap the new data center, or straight up not buying power from the plant? What if the plant can’t make a profit? Who is going to pay when it defaults? What if there’s a slip up and end up the next Chernobyl? Of course, it’s taxpayer who pay all.