JLW
Diamond Member
- Sep 16, 2012
- 18,269
- 20,137
- 2,405
The Trump administration is snapping up ownership shares of private companies it deems essential to national security. It is an unusual new strategy that has already committed more than $10 billion in taxpayer funds and shows little sign of slowing.
The government’s growing portfolio of corporate ownership involves minority stakes, or the option to take them in the future, in at least nine companies involved in steel, minerals, nuclear energy and semiconductors, a New York Times analysis found. The deals were all struck in the past six months, with the bulk made in October and November.
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I am not sure how I feel about out this.
I thought MAGA were against all forms of government intrusion into private enterprise. It seems however that Trump loves to interfere with how private businesses run their companies and most MAGAs rejoice when he does it.
Is it any wonder that when Mamdani and Trump met they found common ground and were like buddy buddy.
MAGAs really are closeted socialists when it suits them to be.
As I wrote before MAGAs have no core. It is a transactional philosophy.
What is good for the dear leader is good for them.
The government’s growing portfolio of corporate ownership involves minority stakes, or the option to take them in the future, in at least nine companies involved in steel, minerals, nuclear energy and semiconductors, a New York Times analysis found. The deals were all struck in the past six months, with the bulk made in October and November.
*******************
I am not sure how I feel about out this.
I thought MAGA were against all forms of government intrusion into private enterprise. It seems however that Trump loves to interfere with how private businesses run their companies and most MAGAs rejoice when he does it.
Is it any wonder that when Mamdani and Trump met they found common ground and were like buddy buddy.
MAGAs really are closeted socialists when it suits them to be.
As I wrote before MAGAs have no core. It is a transactional philosophy.
What is good for the dear leader is good for them.
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