The Silicon Valley Bank bailout is yet another example of the old adage, attributed to Martin Luther King, that we have socialism for the rich and rugged individualism for everyone else.

If you’re rich and you’re at risk of going broke, the US government comes running with its checkbook wide open.

If you’re struggling with medical debt, or you’re homeless because you can’t afford to pay for housing, or you’re a college grad who’s struggling to pay off their student loan: Fuck you.

Cory Doctorow: Learning from Silicon Valley Bank’s apologists

Mitch W @MitchW