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

[Moonglow]

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

Thank fer the loads of laughs, all directed at the socialist MAGATs.

 

[Moonglow]

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

And the shitters shit...

 

[kyzr]

And the shitters shit...

welcome to ignore. your 238,437 posts are shit.

 

[Moonglow]

welcome to ignore. your 238,437 posts are shit.

Goodbye, my love...

 

[scruffy]

I don't like this idea. The government should keep its nose clean. We can't have for-profit corporations being driven by government policy, we have plenty of historical precedent for that and none of it is good.

They take taxpayer dollars and invest it in businesses, and it happens in other ways too, for example CalPERS is a big investor on Wall Street. But the tagging of businesses as "essential for national security" and then propping them up with taxpayer dollars when they fail, is a clear indication that your national security is in a sorry state.

As an alternative, Intel could be split up into several smaller competing companies. Ultimately that might cost the taxpayers less, than continuing bailouts. Besides, security requires redundancy, a single point of control is a single point of failure.

 

[TemplarKormac]

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

Ah, I don't like when the government takes stock in private companies. This is a slippery slope that nobody has managed to navigate cleanly.

 

[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

I guess it's official.

U.S. government takes 10% stake in Intel, as Trump expands control over private sector

And as usual, the rubes have NO understanding of the ramifications here.

 

[Mac1958]

And, Dont Taz Me Bro, there's more, sadly:

Trump says he’s firing Fed Governor Lisa Cook, opening new front in fight for central bank control

Government buying into companies and trying to intimidate and control the Central Bank, especially Powell.

Obviously the useful idiots don't know what fascism actually is, but this is, literally, another move towards fascism.

 

[frigidweirdo]

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

And guess where he got this from? China. They do this. Each large company needs a CCP member to over see the company, the CCP gets to decide policy and all kinds of things.

 

[frigidweirdo]

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

So you are for this?

 

[frigidweirdo]

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

I'm sure it would have been better had he had the ability to put a European style system in place, but he couldn't. So he did the next best thing.

Republicans, of course, want a system where the poor don't get healthcare and the rich don't have to pay much (as a portion of their wealth) for excellent healthcare.

 

[Mac1958]

So you are for this?

I don't think they have any macro understanding of this.

They just defend it, because that's what they do.

 

[frigidweirdo]

I don't think they have any macro understanding of this.

They just defend it, because that's what they do.

Yeah, it's the struggle on here, to actually get them to write down what they think is good or bad about something. Usually they just insult, say TDS or tell you, in hundreds of words, why they don't need to prove anything.

 

[Mac1958]

Yeah, it's the struggle on here, to actually get them to write down what they think is good or bad about something. Usually they just insult, say TDS or tell you, in hundreds of words, why they don't need to prove anything.

Yeah, I've long since given up on that. Having spoken with them in real life so often, it's clear that their understanding of detail is limited to sound bytes from talk radio and/or the internet. I just don't go there any more here.

 

[frigidweirdo]

Yeah, I've long since given up on that. Having spoken with them in real life so often, it's clear that their understanding of detail is limited to sound bytes from talk radio and/or the internet. I just don't go there any more here.

Yeah, usually I sit and wait for someone good to talk to. Happens once a year or so, someone who is smart enough to get things, smart enough to be able the debate, but hasn't quite understood things yet

 

[Mac1958]

Any REAL capitalist would be screaming from the mountaintops about this.

But the useful idiots are capitalists like they're Christians: When they think it works to their advantage.

 

[Nuthin' Fancy]

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

When did the US own any part Solyndra?

 

[Nuthin' Fancy]

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

Like taking after Russia?

Trump wants to be just like his daddy.

 

[kyzr]

I'm sure it would have been better had he had the ability to put a European style system in place, but he couldn't. So he did the next best thing.
Republicans, of course, want a system where the poor don't get healthcare and the rich don't have to pay much (as a portion of their wealth) for excellent healthcare.

Medicaid costs need to be cut by removing illegals, which exploded under Biden.
55m visa overstays plus 12m border crashers is 67m illegals you want to give free healthcare?
Republicans generally get healthcare via company plans.

 

[kyzr]

When did the US own any part Solyndra?

I didn't say we owned any of Solyndra, I said Obama scammed taxpayers.