Government will take stakes in more companies, top Trump adviser says

Dont Taz Me Bro

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This is going to backfire tremendously. Cronyism will skyrocket as companies seek "investment". Democrat administrations will impose woke requirements on corporations. Companies will underperform because they know they will be bailed out. Taxpayers will lose billions.

I guess MAGA was correct when they said that if I didn't vote for Trump we'd fall to Socialism.

 
The only way I am okay with the Federal government taking stakes in companies and taking control of crypto-currencies is if the FED takes control of all "sovereign fund" assets, subject to concurrence by the president when any are cashed in, and what the money is used for via Treasury.
 
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This is going to backfire tremendously. Cronyism will skyrocket as companies seek "investment". Democrat administrations will impose woke requirements on corporations. Companies will underperform because they know they will be bailed out. Taxpayers will lose billions.

I guess MAGA was correct when they said that if I didn't vote for Trump we'd fall to Socialism.


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The only way I am okay with the Federal government taking stakes in companies and taking control of crypto-currencies is if the FED takes control of all "sovereign fund" assets, subject to concurrence by the president when any are cashed in, and what the money is used for via Treasury.
You voted for this.
 
Intel is now an also-ran, they have failed to remain competitive and have lost their aggressive dominance of the semiconductor market.

It began with handing over the memory market to the Japanese in the 70s and 80s, then came ARM - there are no Intel processors in cellphones, ARM dominate the low power processor market. Then came AMD with its focus on innovation and outsourcing the manufacture to TSMC which reduced their costs considerably. AMD now totally own the server/desktop market.

Now we have NVidia and many others, all Intel has is its legacy X86 market with PCs and stuff, a dying segment.

The only way Intel can grow is to take market share from these other huge players, I can't see that happening, these firms are simply too well managed, excellent leadership.

 
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Oh, totally no room for corruption there! :bang3:
I also said that the president needs to sign off and then the assets go to Treasury.
If you have a better system post it.
I prefer the Fed+WH to congress or the WH.
 
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I also said that the president needs to sign off and then the assets go to Treasury.
If you have a better system post it.
Don't invest taxpayer dollars in failing business, how about that?

Better to setup a fund that can be used to invest in promising new home grown companies, note aged, dying dinosaurs.
 
I also said that the president needs to sign off and then the assets go to Treasury.
If you have a better system post it.
I prefer the Fed+WH to congress or the WH.
Right....And there's no chance of any jiggery-pokery going on there, EVAH.

My God, it's like the Patriot Act and TSA arguments have recycled themselves for banksters. :bang3:
 
This is going to backfire tremendously. Cronyism will skyrocket as companies seek "investment". Democrat administrations will impose woke requirements on corporations. Companies will underperform because they know they will be bailed out. Taxpayers will lose billions.

I guess MAGA was correct when they said that if I didn't vote for Trump we'd fall to Socialism.

This, I do not like. Like how they did with Chrysler, now it's flopping like fish out of water again.
 
This is going to backfire tremendously. Cronyism will skyrocket as companies seek "investment". Democrat administrations will impose woke requirements on corporations. Companies will underperform because they know they will be bailed out. Taxpayers will lose billions.

I guess MAGA was correct when they said that if I didn't vote for Trump we'd fall to Socialism.

Its actually a great idea as long as the government cant buy a controlling interest or sit on the board. It gives the government an interest in the economy, strengthens business, will drive up the DOW making investors rich and pension funds will increase. The democrats will corrupt it thats what they do. But there are ways to prevent that. We could limit them to ETFs.
 
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That is a major risk. Cronyism, favoritism of contracts, and of course bribery to get that investment.
Yes it is. But if the investments are non controlling interests or insufficiently large to give the stockholder any significantly leverage, I do understand why the deal with Intel was made.

But it likely--no guarantee but likely--will provide revenue for the U.S. Treasury. And most importantly it wrested control of Intel from China and secured the microchip industry, extremely critical for America's national security, in American control.

We have a President who is a multi-billionaire, who takes no vacations or weekends off, who takes no government salary. I don't think bribery is a concern at this time. This was not a bribery thing. This was a deal. Intel would get necessary CHIPS funding to expand operations here courtesy of Biden administration legislation--one that Trump likes and has not made any effort to reverse--and the U.S. government would be hopefully reimbursed with investment revenue going into the U.S. Treasury. And U.S. microchips will be manufactured here instead of China.

Who do we want to have complete control over the microchip industry? China? Or American companies producing those products in America?

I don't know if it will work out. If it doesn't we'll know soon enough. But I give President Trump credit for thinking outside the box and being willing to go outside the status quo or the 'we've always done it that way' or the 'we've never done it that way' mentality to protect America and Americans and make things better.
 
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