Next healthcare?

So uh, Intel doesn’t get anything, and gives up 10% of their stock because they’ve just decided to retroactively alter the CHIPs act?

Wasn't government cross-pollinating with industry a relevant component in 20th century definitions of fascism?

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.

It’s only socialism when democrats do it.

Release the Trump/Epstein files

No, not at all. The government bought shares in Intel. When you have shares in a company you own part of the company.

Fascism is a far-right, ultranationalist, and authoritarian political ideology that emerged in early 20th-century Europe, characterized by a totalitarian, one-party state, a charismatic leader, a fixation on national decline, and the suppression of individual rights and opposition groups. It combines elements of militarism, economic self-sufficiency, and mass mobilization, often through propaganda and violence, to achieve a vision of national purity and power.

Yes and no. In this context, it’s more of a shakedown-sorta thing.

Didn't the US do a similar thing to save our auto industry? Buying in? I'm hazy on the details, been a minute, but didn't we cash out and profit?

Not saying this is the end game here, but still?

If you ask, they’ll tell you it’s different for ‘essential services’. It’s the same excuse they use for the farm handouts.

us taking a stake in a failing company sums up america

Just to clarify and add to what you said, equity shares are not stocks. The gov gets dividends and such, but it isn't stock that is bought and sold on wall street. It's all about profitability and not about speculation. If the company makes money, so does the gov. If it loses money, the gov loses money.

Yeah, but then poor people would use it.

Remember we bailed out Harley Davidson. Twice.

Because healthcare would help you

Or the rental market...

Cool, now do Duke Energy. And Exelon. And Entergy. Etc.
(Not that I trust this admin ofc, but if you want collective ownership...)

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. 🤪
/S

I 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.

Not exactly:

According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.