10 billion and counting, Trump Administration snaps up interests in private enterprises.

JLW

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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.
 
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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.

View attachment 1187507



*******************

I am not sure how I feel about out this.

I thought MAGA were against all forms of government intrusion in 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.
Its fine as long as they dont take controlling interest. Its better then a direct subsidy. The government funds them anyway when they pay for a project. This is much better
 
If this were Obama or Biden snapping up interests in private enterprises, the right would have went apoplectic. But since it is Trump, crickets.
 
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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.

View attachment 1187507



*******************

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.
It isn’t anew strategy.

It’s actually a fairly old one.

it’s called socialism.
 
Yeah, it's terrible when the people have a stake in our national security.
So, you are for socialism when it comes to national security. Fine. Just don’t ***** when the next president comes in and the government invests heavily in renewable energy companies, for instance, as being in the National Security interest. That door has been opened.
 
Its fine as long as they dont take controlling interest. Its better then a direct subsidy. The government funds them anyway when they pay for a project. This is much better
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Indeed, Doesn't the government presently control Nuclear Technology, Dams and the sites generating electricity?
While the USA has more private sector participation in the production of civilian nuclear power than any other nation, the government is heavily involved through safety and environmental regulations, R&D funding, and setting national energy goals.
Remember, the federal government also controls the TVA, Hoover and Hanford dams are owned by the Federal government.
So there is no difference in control or part interest in the companies mentioned.
In for a penny in for a pound....
 
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