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

[Cassandro]

Democrats oppose this idea because they know that they will corrupt it if given the opportunity.

 

[pknopp]

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 doesn't end with Trump. Anything you refuse to condemn your guy for will only get worse with the next.

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.

Just don't pretend it's Capitalism or whine when the next guy does it In a way you dislike.

 

[kyzr]

And I condemned that from the beginning. Will you when Trump does it?

Trump doesn't get scammed.
Solyndra went belly-up, Obama burned taxpayers.
Remember the 1st Obamacare rollout? A train-wreck. Obama burned taxpayers again.

 

[pknopp]

Trump doesn't get scammed.
Solyndra went belly-up, Obama burned taxpayers.
Remember the 1st Obamacare rollout? A train-wreck. Obama burned taxpayers again.

Obama has nothing to do with this. I condemned Solyndra and Obamacare and this is absolutely wrong also.

But in both cases the true believers just can't bring themselves to condemn their gods.

 

[Mac1958]

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.

https://www.axios.com/2025/08/25/trump-sovereign-wealth-fund-intel-private-sector?utm_campaign=editorial&utm_medium=organic_social&utm_source=x

Boy, I know the Trumpsters want to defend everything and deflect everything, but this one is a little surprising.

This shouldn't even be CLOSE. The government can't start buying into publicly-traded companies.

So much for the free market capitalism they claim to hold so dear. This can't happen.

He's gotten them to toss their religion under the bus, then the Constitution, now Capitalism. Incredible.

 

[kyzr]

Obama has nothing to do with this. I condemned Solyndra and Obamacare and this is absolutely wrong also.
But in both cases the true believers just can't bring themselves to condemn their gods.

Showing that Obama burned taxpayer cash, Trump is getting the taxpayers value for "corporate welfare".
I'm fine getting stock shares for subsidies.

 

[kyzr]

Boy, I know the Trumpsters want to defend everything and deflect everything, but this one is a little surprising.
This shouldn't even be CLOSE. The government can't start buying into companies.
So much for the free market capitalism they claim to hold so dear. This can't happen.

OMG, you are fine with corporate welfare giving taxpayer cash to companies as grants, but are not good with getting shares of stock for that taxpayer cash.
I want stock for all future subsidies.

Which U.S. Companies Receive the Most Government Subsidies?

Government subsidies are nearing tens of billions for some companies. Here’s the ones which got the most taxpayer support.

www.visualcapitalist.com

 

[pknopp]

Showing that Obama burned taxpayer cash, Trump is getting the taxpayers value for "corporate welfare".
I'm fine getting stock shares for subsidies.

Thats the government picking winners and losers and you won't be happy with the picks of presidents in the future.

 

[Foxfyre]

This doesn't end with Trump. Anything you refuse to condemn your guy for will only get worse with the next.



Just don't pretend it's Capitalism or whine when the next guy does it In a way you dislike.

Completely non sequitur to anything I posted.

What I did protest was the government taking controlling interest in General Motors in return for bailing them out of bankruptcy. That was Obama era. But we did eventually divest ourselves of those shares and no serious harm was done other than a bad precedent set. The government does not have controlling interest in Intel.

 

[The Duke]

I do not like this 10% fascism stuff. How long until that percentage grows?
It looks like goobernment picking winners and losers to me.
Not going to support that, at all.

 

[pknopp]

Completely non sequitur to anything I posted.

What I did protest was the government taking controlling interest in General Motors. We do not have controlling interest in Intel.

First step.

 

[Hafar1014]

How about $100b or so and no one bats an eye? Getting stock is at least something.

Which U.S. Companies Receive the Most Government Subsidies?

Government subsidies are nearing tens of billions for some companies. Here’s the ones which got the most taxpayer support.

www.visualcapitalist.com

View attachment 1154111

Green energy gets the most and is a total failure

 

[kyzr]

Thats the government picking winners and losers and you won't be happy with the picks of presidents in the future.

My understanding is that subsidies are only used to offset foreign subsidies to level the playing field for US companies, not to pick winners and losers.

 

[pknopp]

My understanding is that subsidies are only used to offset foreign subsidies to level the playing field for US companies, not to pick winners and losers.

Wow, the double speak is strong here.

 

[Dont Taz Me Bro]

Boy, I know the Trumpsters want to defend everything and deflect everything, but this one is a little surprising.

This shouldn't even be CLOSE. The government can't start buying into publicly-traded companies.

So much for the free market capitalism they claim to hold so dear. This can't happen.

He's gotten them to toss their religion under the bus, then the Constitution, now Capitalism. Incredible.

The only thing the Cult of Trump stands for is whatever he tells them to.

 

[kyzr]

The only thing the Cult of Trump stands for is whatever he tells them to.

He's usually right.
I disagree with Trump on his goofy Gaza Riviera plan. Not much else.

 

[Hafar1014]

The only thing the Cult of Trump stands for is whatever he tells them to.

Its a great idea with restrictions. They cant own a controlling interest and they must only invest in ETFs. Biden literally created renewable energy by dumping money into it. Thats control

 

[Edgetho]

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.

https://www.axios.com/2025/08/25/trump-sovereign-wealth-fund-intel-private-sector?utm_campaign=editorial&utm_medium=organic_social&utm_source=x

If dimocraps are against it, this MUST be a good idea.

 

[Edgetho]

The only thing the Cult of Trump stands for is whatever he tells them to.

At least Trump makes the 'Trains Run On Time'.

 

[EMH]

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.

https://www.axios.com/2025/08/25/trump-sovereign-wealth-fund-intel-private-sector?utm_campaign=editorial&utm_medium=organic_social&utm_source=x

Spot on.

At a minimum there will be conspiracy theories of preferential treatment, especially large government contracts...