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Comment by chermi | Hacker News Reader

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How many of the top level comments are just blanket assumptions that this is going to be corrupt without any pointing at specifics of this proposal? The knee-jerk reactions are strong

Because it's their experience with how the EU is run. These top level commenters you refer to don't want to waste their time with the specifics is the proposal because they believe that these initiative is a poorly managed redistribution of tax money.

True. I sometimes forget this is site is more VC bro than tech bro. All that matters to most on here is how easy it is to make money for themselves.

I don't think VC system is good, but I'm tired of going in to EU calls to only see there's actually no money for start-ups but it's often earmarked to keep big EU companies afloat and competitive. This is in itself not a bad thing, pretty much everyone does it (US military industrial complex for example). So I accepted these as money injection to big business rather than expecting it to tickle down to small businesses or start-ups.

On start-up funding we have a systematic issue of European wealth going to US for investment and EU start-ups going to US to find investment. These EU money injections doesn't solve it imho.

>How many of the top level comments are just blanket assumptions that this is going to be corrupt without any pointing at specifics of this proposal?

How many points do you need on the graph till you're convinced they form a line?

If some person or some org, has a history of spending money and not delivering anything, what are the odds "this time will be different"?

To me, this initiative is just another point on that line.

Seems comparison makes certain regions look good or bad, and that could lead to accountability which would be good or bad depending upon how you benefit or not from the policy.

That’s part of the problem with globalists who want a single world government, one government for the world deprives the people of choice.

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