- Thread starter
- #41
Why would I answer the question you refuse to answer?
Should America welcome socialism? Germany did in 1933.
- Thread starter Robert W
- Start date
LeftofLeft
Diamond Member
- Oct 18, 2011
- 29,115
- 19,908
- 1,405
Let us buy you some time by inviting you to name a nation that is thriving without Oil.
GMCGeneral
Diamond Member
It still sucks. It's just Communism with a fancy label.
- Thread starter
- #45
Fort fun was wrong to say this on the forum.
"Venezuela failed because they tied their entire economy to oil."
That has no bearing on this argument he got his puss stuck into.
LeftofLeft
Diamond Member
- Oct 18, 2011
- 29,115
- 19,908
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Venezuela failed because they nationalized the oil industry.
You’re shilling for socialism! I can see why you don’t want to answer.
So, socialism works!The non-controlling shares lifted the price of Intel a hell of a lot.
- Thread starter
- #49
Biden first poured billions of dollars into INTEL.
The government’s equity stake will be funded by the remaining $5.7 billion in grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science Act and $3.2 billion awarded to the company as part of the Secure Enclave program. Intel will continue to deliver on its Secure Enclave obligations and reaffirmed its commitment to delivering trusted and secure semiconductors to the U.S. Department of Defense. The $8.9 billion investment is in addition to the $2.2 billion in CHIPS grants Intel has received to date, making for a total investment of $11.1 billion.
“As the only semiconductor company that does leading-edge logic R&D and manufacturing in the U.S., Intel is deeply committed to ensuring the world’s most advanced technologies are American made,” said Lip-Bu Tan, CEO of Intel. “President Trump’s focus on U.S. chip manufacturing is driving historic investments in a vital industry that is integral to the country’s economic and national security. We are grateful for the confidence the President and the Administration have placed in Intel, and we look forward to working to advance U.S. technology and manufacturing leadership.”
“Intel is excited to welcome the United States of America as a shareholder, helping to create the most advanced chips in the world,” said Howard Lutnick, United States Secretary of Commerce. “As more companies look to invest in America, this administration remains committed to reinforcing our country’s dominance in artificial intelligence while strengthening our national security.”
Under the terms of today’s announcement, the government agrees to purchase 433.3 million primary shares of Intel common stock at a price of $20.47 per share, equivalent to a 9.9 percent stake in the company. This investment provides American taxpayers with a discount to the current market price while enabling the U.S. and existing shareholders to benefit from Intel’s long-term business success.
The government’s investment in Intel will be a passive ownership, with no Board representation or other governance or information rights. The government also agrees to vote with the Company’s Board of Directors on matters requiring shareholder approval, with limited exceptions.
The government will receive a five-year warrant, at $20 per share for an additional five percent of Intel common shares, exercisable only if Intel ceases to own at least 51% of the foundry business.
The existing claw-back and profit-sharing provisions associated with the government’s previously dispersed $2.2 billion grant to Intel under the CHIPS Act will be eliminated to create permanency of capital as the company advances its U.S. investment plans.
The government’s equity stake will be funded by the remaining $5.7 billion in grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science Act and $3.2 billion awarded to the company as part of the Secure Enclave program. Intel will continue to deliver on its Secure Enclave obligations and reaffirmed its commitment to delivering trusted and secure semiconductors to the U.S. Department of Defense. The $8.9 billion investment is in addition to the $2.2 billion in CHIPS grants Intel has received to date, making for a total investment of $11.1 billion.
“As the only semiconductor company that does leading-edge logic R&D and manufacturing in the U.S., Intel is deeply committed to ensuring the world’s most advanced technologies are American made,” said Lip-Bu Tan, CEO of Intel. “President Trump’s focus on U.S. chip manufacturing is driving historic investments in a vital industry that is integral to the country’s economic and national security. We are grateful for the confidence the President and the Administration have placed in Intel, and we look forward to working to advance U.S. technology and manufacturing leadership.”
“Intel is excited to welcome the United States of America as a shareholder, helping to create the most advanced chips in the world,” said Howard Lutnick, United States Secretary of Commerce. “As more companies look to invest in America, this administration remains committed to reinforcing our country’s dominance in artificial intelligence while strengthening our national security.”
Under the terms of today’s announcement, the government agrees to purchase 433.3 million primary shares of Intel common stock at a price of $20.47 per share, equivalent to a 9.9 percent stake in the company. This investment provides American taxpayers with a discount to the current market price while enabling the U.S. and existing shareholders to benefit from Intel’s long-term business success.
The government’s investment in Intel will be a passive ownership, with no Board representation or other governance or information rights. The government also agrees to vote with the Company’s Board of Directors on matters requiring shareholder approval, with limited exceptions.
The government will receive a five-year warrant, at $20 per share for an additional five percent of Intel common shares, exercisable only if Intel ceases to own at least 51% of the foundry business.
The existing claw-back and profit-sharing provisions associated with the government’s previously dispersed $2.2 billion grant to Intel under the CHIPS Act will be eliminated to create permanency of capital as the company advances its U.S. investment plans.
Did Biden take a part of Intel? What’s next, Boeing?
- Thread starter
- #51
Biden first poured Billions into Intel Corp. You dearly are devoted to Socialism.
The government’s equity stake will be funded by the remaining $5.7 billion in grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science Act and $3.2 billion awarded to the company as part of the Secure Enclave program. Intel will continue to deliver on its Secure Enclave obligations and reaffirmed its commitment to delivering trusted and secure semiconductors to the U.S. Department of Defense. The $8.9 billion investment is in addition to the $2.2 billion in CHIPS grants Intel has received to date, making for a total investment of $11.1 billion.
“As the only semiconductor company that does leading-edge logic R&D and manufacturing in the U.S., Intel is deeply committed to ensuring the world’s most advanced technologies are American made,” said Lip-Bu Tan, CEO of Intel. “President Trump’s focus on U.S. chip manufacturing is driving historic investments in a vital industry that is integral to the country’s economic and national security. We are grateful for the confidence the President and the Administration have placed in Intel, and we look forward to working to advance U.S. technology and manufacturing leadership.”
“Intel is excited to welcome the United States of America as a shareholder, helping to create the most advanced chips in the world,” said Howard Lutnick, United States Secretary of Commerce. “As more companies look to invest in America, this administration remains committed to reinforcing our country’s dominance in artificial intelligence while strengthening our national security.”
Under the terms of today’s announcement, the government agrees to purchase 433.3 million primary shares of Intel common stock at a price of $20.47 per share, equivalent to a 9.9 percent stake in the company. This investment provides American taxpayers with a discount to the current market price while enabling the U.S. and existing shareholders to benefit from Intel’s long-term business success.
The government’s investment in Intel will be a passive ownership, with no Board representation or other governance or information rights. The government also agrees to vote with the Company’s Board of Directors on matters requiring shareholder approval, with limited exceptions.
The government will receive a five-year warrant, at $20 per share for an additional five percent of Intel common shares, exercisable only if Intel ceases to own at least 51% of the foundry business.
The existing claw-back and profit-sharing provisions associated with the government’s previously dispersed $2.2 billion grant to Intel under the CHIPS Act will be eliminated to create permanency of capital as the company advances its U.S. investment plans.
- Thread starter
- #52
Biden is too incapacitated to ask.
What Insee is a blueprint for state control of production. 10% today, how much tomorrow?
Non-responsive. More MAGA games.
- Thread starter
- #55
Not as long as the Trump formula is used.
LOL!!! We’re doomed.
One great and classic example is Screenwriter and MS NOW
or MSNBC 10 pm { est } Big mouth Lawrence O'Donnell who has been
away on vacation for a WEEK AND A HALF.
He back in 2004 managed to brag when on - Hardball -
Chris Matthews host with Pat Buchannan that he's a Socialist !
He was very proud and managed to not let Buchannan get a
single word in edgewise.That was new and developing O'Donnell.
Who was ironically educated the same way Chris Matthews and Pat
Buchannan were.In Catholic school.From Grade school to High school.
elektra
Diamond Member
Venezuela failed because green energy failed. They had a shortage of electricity for years.
Had people paid attention they would of seen the stories. 4 day work weeks to save electricity. Telling the woman nit to use blow dryers. And much more.
We can blame the socialist government for these bad decisions.
We should of took over the oil industry when they nationalized the oil industry. That would of stopped the socialism.
There is much to discuss but the rapid decline was a lack of electricity. Can't depend on the rain. Venezuela did, and lost
Dorian Mode
Diamond Member
- Apr 19, 2025
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Everyone knows that the fascism of Germany and Italy started with socialism. Don't listen to the neo-leftists who are trying to rewrite history so they can try it again. Instead, remember how authoritarian the Biden administration really was.
- Thread starter
- #60
Wikipedia says:
Search Assist
Venezuela's failure is primarily attributed to decades of poor governance, heavy reliance on oil revenues, and economic mismanagement, which led to hyperinflation, severe shortages of basic goods, and widespread poverty. The political crisis has been exacerbated by authoritarian rule and international sanctions, further destabilizing the country.
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