Trump Imitates Chinese Communist Party

[Stuartbirdan2]

Since their founding, The Facebook and MSFT were controlled by the CIA

Do you have a credible source?

 

[Stuartbirdan2]

Actually, it was after the war. Truman and the steel companies in the 50s

He nationalized companies?

 

[Stuartbirdan2]

Actually, it was after the war. Truman and the steel companies in the 50s

It is within the president's power to put people back to work through strikes, but there are different ways to go about it. For instance, in 1917 President Wilson nationalized the railroad industry to keep workers from striking during WWI. Truman could do something similar via Executive Order, but he had other options as well. In 1947 Congress passed the Taft-Hartley Act, which banned strategies to help workers organize unions and limited the president's power to seize industries during times of labor unrest. Instead, it offered the president the power to force workers back to work for 80 days while negotiations continued between labor and management. This option would keep wartime industries running uninterrupted. In 1948, an amendment was added to the Selective Service Act, allowing the president to seize industry facilities that were unable to fill their government orders for wartime products. The steel industry was not defaulting on its order obligations; however, as commander-in-chief, the president can make all military decisions for the United States, including mobilization efforts.

In the end, Truman issued Executive Order 10340 to seize control of the steel industries on April 8, 1952. The companies sued, resulting in a Supreme Court case to determine whether or not Truman overstepped his Constitutional powers in the steel seizures

 

[Stuartbirdan2]

Actually, it was after the war. Truman and the steel companies in the 50s

During the Korean war

 

[LuckyDuck01!]

Until recently, the idea of the US nationalizing any business was a non starter. Nationalizing industry has always been looked on with disdain, and only the most wild eyed extreme fringe socialists would even consider something so foreign to our tried and true free market system. All that was true until Trump’s meeting with Intel CEO Lip-Bu Tan at the White House earlier this week where they discussed the real possibility of the US buying a stake in Intel. Not a grant or a temporary loan, or a bailout as we have done in the past, but an actual ongoing ownership position where the US would have control of the company’s day to day operations, personnel, and every other aspect that ownership allows. I’m curious to see if today’s maga jumps on board and supports trump’s efforts, or if they will maintain their long term stance in support of the free market. This doesn’t seem to be just a throw away discussion. Trump said it was a good meeting, and they would have further talks on the subject.

Trump admin weighs taking stake in Intel, US report says

The plan stems from a meeting between CEO Lip-Bu Tan and Trump, who had demanded he resign over his Chinese investments.

www.scmp.com

Zohran Mamdani who is running for Mayor of NYC, has said the city will purchase the grocery stores in that city so that the government can run them. 14 US cities purchased businesses to make their area better.....and.....ran them into the ground. Complete failures. So, the government "can" purchase businesses or elements of a business, but that doesn't guarantee success. Because of the government being a large bureaucracy filled with people who don't know anything about running private or corporate businesses, it rarely ends well. That said, Trump is a businessman with mixed successes, so who knows.

 

[BULLDOG]

Since their founding, The Facebook and MSFT were controlled by the CIA

I see you are still getting your info from the Onion.

 

[BULLDOG]

Nationalized? No. But I don't expect it to happen.

This will likely be the same as every other subsidized industry though.

Agriculture, Banks, the auto-industry, etc. etc.

Nope. The bailouts were only intended to be temporary to help the too big to fail companies stay in business during a temporary emergency.

 

[Stuartbirdan2]

Actually, it was after the war. Truman and the steel companies in the 50s

Youngstown Sheet & Tube Co. v. Sawyer (1952)
Primary tabs
Youngstown Sheet & Tube v. Sawyer, 342 U.S. 579 (1952) was a case in which the U.S. Supreme Court had to decide on the applicability of the President's national security powers on seizing private property. President Truman had ordered the Secretary of Commerce to take possession of and operate the mills in order to maintain steel production during the Korean War. The Supreme Court held that President Truman lacked either constitutional or statutory authority to seize the nation's strike-bound steel mills (the Court noted, however, that Congress would have had constitutional authority to do so).

 

[BULLDOG]

/——/ Obozo took control of GM and there is this Can the Government Nationalize a Business?

Temporary measure to keep the industry from going away. This is not intended to be temporary.

 

[Stuartbirdan2]

Zohran Mamdani who is running for Mayor of NYC, has said the city will purchase the grocery stores in that city so that the government can run them. 14 US cities purchased businesses to make their area better.....and.....ran them into the ground. Complete failures. So, the government "can" purchase businesses or elements of a business, but that doesn't guarantee success. Because of the government being a large bureaucracy filled with people who don't know anything about running private or corporate businesses, it rarely ends well. That said, Trump is a businessman with mixed successes, so who knows.

What he says and what he does are going to be two different things, I suspect

 

[progressive hunter]

Until recently, the idea of the US nationalizing any business was a non starter. Nationalizing industry has always been looked on with disdain, and only the most wild eyed extreme fringe socialists would even consider something so foreign to our tried and true free market system. All that was true until Trump’s meeting with Intel CEO Lip-Bu Tan at the White House earlier this week where they discussed the real possibility of the US buying a stake in Intel. Not a grant or a temporary loan, or a bailout as we have done in the past, but an actual ongoing ownership position where the US would have control of the company’s day to day operations, personnel, and every other aspect that ownership allows. I’m curious to see if today’s maga jumps on board and supports trump’s efforts, or if they will maintain their long term stance in support of the free market. This doesn’t seem to be just a throw away discussion. Trump said it was a good meeting, and they would have further talks on the subject.

Trump admin weighs taking stake in Intel, US report says

The plan stems from a meeting between CEO Lip-Bu Tan and Trump, who had demanded he resign over his Chinese investments.

www.scmp.com

 

[berg80]

‘Bizarre’ Nvidia, AMD chip export deal with Trump raises legal questions​

Two major chipmakers in the U.S., Nvidia and AMD, have struck an unusual agreement to provide the federal government some of their revenue from chip sales to China — a deal that experts say raises constitutional questions and may set a concerning new precedent.

The two firms have agreed to share 15 percent of the revenue generated from selling advanced artificial intelligence (AI) chips to China in order to secure export licenses after a months-long pause, a U.S. official confirmed to The Hill on Monday.

“It’s bizarre in many respects and pretty troubling because Congress didn’t have anything to say about this,” said Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics.

“It’s just the president’s own negotiating with the individual companies,” he continued. “That’s not how, historically, we’ve done business in this country.”

https://thehill.com/policy/technology/5446890-nvidia-amd-china-chip-deal/

Basically, The Following has no problem with ANYTHING trump does. If a Dem did it they'd be screaming socialism.

 

[BULLDOG]

Last time was during WWI.


Railroads, telegraph lines, Smith & Wesson were nationalized.

Trump isn’t talking about nationalizing it, liar. He is talking about taking a stake in it. They did that with banks, railways, steel mills, coal mines, and foreclosed homes.

Next?

During WW1 was an emergency. This is not.

 

[M14 Shooter]

During WW1 was an emergency. This is not.

And you still don't have a clue as to what you're talking about.

 

[BULLDOG]

In the 50s.

specific

 

[BULLDOG]

Zohran Mamdani who is running for Mayor of NYC, has said the city will purchase the grocery stores in that city so that the government can run them. 14 US cities purchased businesses to make their area better.....and.....ran them into the ground. Complete failures. So, the government "can" purchase businesses or elements of a business, but that doesn't guarantee success. Because of the government being a large bureaucracy filled with people who don't know anything about running private or corporate businesses, it rarely ends well. That said, Trump is a businessman with mixed successes, so who knows.

Which 14 cities? Which businesses?

 

[Rawley]

specific

Truman, the steel industry.

 

[Winston]

So when have we nationalized a company before?

Not nationalized, taking an investment position.

Chrysler, General Motors, AIG, all during the 2008-2009 Financial Crisis.

 

[BULLDOG]

Yes. The facial tattoos make him really credible.

 

[Cellblock2429]

Temporary measure to keep the industry from going away. This is not intended to be temporary.

/——/ You asked if it ever happened and when I posted facts you try a wiggle out of it. Typical libtard.