Trump Says Intel Will Give 10% Stake To U.S., Becoming Third-Largest Shareholder

[Dont Taz Me Bro]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

 

[knuckles]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

MAB ............. Make America Brazil

 

[knuckles]

shockedcanadian Well, I guess you know that the Brazilian govt owns a controlling vote in Petrobras, the Brazilian oil company.

 

[Natural Citizen]

Looks like they're shooting for full spectrum dominance.

There's gonna be backdoors all over those chips now.

Anyway, the merge of corporation and state is defined as fascism.

 

[Clipper]

Trump taking more advice from Putin.

Nothing new there.

 

[White 6]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

More like taking the plunge, for the government to get a 10% stake in a private corporation. I remember when normal republicans believed in the free enterprise system, as opposed to government ownership of industry. It is a blatant move to a socialist state.

 

[MarathonMike]

Interesting move. Not that different from the bailout of GM and Chrysler only instead of a loan, we get stock. I haven't looked into the details on the "end game" here.

 

[Crepitus]

Oh look, a corporate bail out.

Yawn

 

[TemplarKormac]

No denying it.

"Seize the means of production" - Step 1.

 

[IM2]

More like taking the plunge, for the government to get a 10% stake in a private corporation. I remember when normal republicans believed in the free enterprise system, as opposed to government ownership of industry. It is a blatant move to a socialist state.

He is moving towards that dictatorship Harris warned everybody about.

 

[RhodyPatriot]

This is dipping your foot into the sea of socialism.

Dude.

You voted for ******* KAMALA.

You told us BRAT SUMMER was the FUTURE.

You SWORE MAGA would lose, and Trump was a joke who would never again set foot in the White House.

And when we call you out on it?

You don't even possess the testicular fortitude to respond.

So forgive us if your lazy inversion of "FASCISM!" (tm) by way of "SOCIALISM!" (tm) is completely denigrated for the joke it is.

Just my opinion, YMMV.

 

[FoghornLeghorn]

Anyway, the merge of corporation and state is defined as fascism.

Nowadays fascists are anyone that doesn't goose-step to leftist ideology.

 

[FoghornLeghorn]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

For strategic reasons Trump doesn't want the U.S. to be entirely reliant on foreign chip manufacturers.

 

[Oddball]

Looks like they're shooting for full spectrum dominance.

There's gonna be backdoors all over those chips now.

Anyway, the merge of corporation and state is defined as fascism.

Uh-huh...Meanwhile, the same assclowns who didn't utter a peep when antisocial media companies were being bullied into censoring content and promoting certain favored narratives, along with the paleo-media who did the same things because that's what they do, are now shitting chickens because Trump is getting in on the game.

Oh, muh Constituuuuution!!

 

[Oddball]

Nowadays fascists are anyone that doesn't goose-step to leftist ideology.

Fascism is a leftist ideology and he's not wrong.

 

[Tumblin Tumbleweed]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

Orange bag O' shit.

 

[FoghornLeghorn]

Fascism is a leftist ideology and he's not wrong.

Correct.

 

[Natural Citizen]

Uh-huh...Meanwhile, the same assclowns who didn't utter a peep when antisocial media companies were being bullied into censoring content and promoting certain favored narratives, along with the paleo-media who did the same things because that's what they do, are now shitting chickens because Trump is getting in on the game.

Oh, muh Constituuuuution!!

Yeah. Not really a nickel's worth of meaningful difference between the red blips and the blue blips in that regard.

 

[Deplorable Yankee]

This is a bailout Intel's been struggling for years now.. huge loss of market share
amd chipping away for years

the Koreans and Taiwanese control the mobile chip market Intel is no match when it comes to mobile

 

[IM2]

Nowadays fascists are anyone that doesn't goose-step to leftist ideology.

No, that's not how it works. You should really be concerned that the president is trying to get the government to purchase part of a private company.