U.S. government takes 10% stake in Intel, as Trump expands control over private sector
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Wow. Throw 16M people off health care, then invest the 'savings' in corporations. HEy, Intel, how do you like your blood money?
Historical evidence would seem to suggest that Intel very much do like their blood money I would imagine they would like some more please.
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This is why I don't like trump being called a nazi, a nazi was a nickname for the german fascist based on the name of the political party NSDAP, specifically the N part, National with the ti part being pronounced the same as the zi part in nazi.
Trump is an american fascist. When you call him a nazi it paints the picture of the ultra villified almost over the top hollywood nazi and it muddies the water and lets other fascist media pundits dismiss it over exaggeration.
Now after being pedantic I prefer these lists tlto check if you live in a fascist state
https://osbcontent.s3-eu-west-1.amazonaws.com/PC-00466.pdf
Spoiler alert: the US is under control of a fascist government.
Nazis are a particularly evil type of fascist. It is the entire point of the label.
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Healthcare could help, that's good socialism. Intel is profits and power and control for the sake of it. That's bad socialism.
That way when things fuck up they can point and go SEE SEE IT DOESNT WORK! WE TRIED IT AND IT MADE THINGS WORSE!!
and if it somehow does manage to help or improve things they can now claim they did something smart and take all the credit.
Well, no. In this case it's probably Intel is collapsing I assume, and they're the only CPU producer native to the US. It'd be a really bad thing strategically to let them fail, so they should be nationalized.
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Seems like the government owning private industry might stray into the socialism thing thy hate. Why not do this with something more important like healthcare? Republicans are hypocrites.
We’ve always had communism for the rich and cutthroat capitalism for the working class
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Well, yeah, they always do. Republican admins always leave the economy in the shitter and saddle the nation up with debt so that the incoming Democratic admin has to spend all of their time bringing the economy back up to speed rather than implementing effective reform.
And then Fox runs nonstop debt fear mongering and blaming democrats for the fiscal irresponsibly of the republicans
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Wow. Throw 16M people off health care, then invest the 'savings' in corporations. HEy, Intel, how do you like your blood money?
Heck, as long as they keep being good competition for AMD so they don't become complacent, they can get the souls of the damned as payment for all I care.
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Seems like the government owning private industry might stray into the socialism thing thy hate. Why not do this with something more important like healthcare? Republicans are hypocrites.
Our healthcare system in the US is Socialism, only the government funds the corporations with subsidies, not paying outright for the citizens. It's a man in the middle system where they stick a middle finger up your ass to get money from you three times. With taxes, with insurance, and with actual medical care.
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Yes but contrary to China, USA doesn't use government subsidies to promote their own industries, or state owned companies to spy on the rest of the world. 🤪
/SI hope Intel survives because a Chinese (mainland+Taiwan) monopoly will not be good, but I am so sick of American disinformation regarding China. Always blaming China for things USA has been guilty of for decades before China.
Are you sure about that? US hardware is spying on the rest of the world for decades. Cisco is in no way better then huawei.
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Are you sure about that? US hardware is spying on the rest of the world for decades. Cisco is in no way better then huawei.
Can you not see the crazy smiley? Clearly indicating the statement is crazy. It was sarcasm, but OK I'll add the /S.
Also the part that USA did it for decades before China should clearly indicate the part above was sarcasm???
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Uhhh, so much for the free market Republicans spent decades championing
beat me to it
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Can you not see the crazy smiley? Clearly indicating the statement is crazy. It was sarcasm, but OK I'll add the /S.
Also the part that USA did it for decades before China should clearly indicate the part above was sarcasm???
Reading comprehension is a skill. It seems like some people just glance at the words and make up what they expect to see. I have no idea how your comment could have been interpreted the way they did without a total disregard for the substance. Maybe they were reading it through an auto translation? Still, seems like the emoji is pretty obvious.
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Can you not see the crazy smiley? Clearly indicating the statement is crazy. It was sarcasm, but OK I'll add the /S.
Also the part that USA did it for decades before China should clearly indicate the part above was sarcasm???
I hope Intel survives
Are you sure about that? US hardware is spying on the rest of the world for decades. Cisco is in no way better then huawei.
That might be how you are supposed to read that response
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I hope Intel survives
Are you sure about that? US hardware is spying on the rest of the world for decades. Cisco is in no way better then huawei.
That might be how you are supposed to read that response
OK that could have been stated more clearly, but why should I be against Intel, because USA has used Cisco for spying?
That's exactly the kind of stupid accusations without evidence I'm tired of USA making against China. Obviously the same standard goes the other way too.
And if Intel goes away, USA can still do it through AMD.
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U.S. government takes 10% stake in Intel, as Trump expands control over private sector
Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in chipmaker Intel.
CNBC (www.cnbc.com)
government owning the means of production?
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Heck, as long as they keep being good competition for AMD so they don't become complacent, they can get the souls of the damned as payment for all I care.
I don't think the souls of the damned are up for grabs, since, you know, they're damned and all.
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Uhhh, so much for the free market Republicans spent decades championing
The market would be freer if it wasn’t dominated by a couple capitalist megacorpos. So nationalisation doesn’t mean less freedom, although neolib propaganda would love you to think so.
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This post did not contain any content.
U.S. government takes 10% stake in Intel, as Trump expands control over private sector
Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in chipmaker Intel.
CNBC (www.cnbc.com)
Reminds me of the Dictator/Couper Park Chung Hee in South Korea. At the time government subsidies propped up South Koreas economy. But Park was directly commanding military before, in difference to Trump.
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Well, yeah, they always do. Republican admins always leave the economy in the shitter and saddle the nation up with debt so that the incoming Democratic admin has to spend all of their time bringing the economy back up to speed rather than implementing effective reform.
The "smartest people in the country" cant do two things at once?
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This post did not contain any content.
U.S. government takes 10% stake in Intel, as Trump expands control over private sector
Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in chipmaker Intel.
CNBC (www.cnbc.com)
Better for intel than not receiving $8B at all. It can avoid spending it on Ohio plant without upsetting politicians if no one wants to use Ohio made chips. But its not as though telecom companies ever faced real consequences for pocketing "rural broadband subsidies".
The best part about this, is political campaigns surrounded on confiscatory nationalization of climate terrorists and zionazi first political party influence is normalized.
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Yes but contrary to China, USA doesn't use government subsidies to promote their own industries, or state owned companies to spy on the rest of the world. 🤪
/SI hope Intel survives because a Chinese (mainland+Taiwan) monopoly will not be good, but I am so sick of American disinformation regarding China. Always blaming China for things USA has been guilty of for decades before China.
Well, now that they're doing it like China is, the rest of the world should use tariffs to mitigate this, like we do with Chinese EVs for an example (since those are so heavily subsidized to root out competition not just in China, but worldwide)