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Message
re: US government taking stake in private companies.
Posted on 8/22/25 at 5:46 pm to WeeWee
Posted on 8/22/25 at 5:46 pm to WeeWee
Not a huge fan of this either, but I do see that chip manufacturing is literally everything. I can see the benefits of this from a national security standpoint because chips are just as important as weaponry at this point.
Not as okay with things like this when I can't see a national security angle.
Not as okay with things like this when I can't see a national security angle.
2
Posted on 8/22/25 at 5:46 pm to TenWheelsForJesus
quote:"I've abandoned free-market principles to save the free-market system" -GWB
If that option was on the table, you would be right. Unfortunately, in the real world, the government is giving away money.
quote:Why do you oppose the Chinese? You're essentially backing the same system they use.
If you want the US to maintain its technological advantage, money has to be spent. It makes sense to make a profit on that money. If companies don't want to pay back the money with interest, then they shouldn't take it to begin with.
quote:Certainly, stealing Obama's policies will help!
Conservatives see all the problems with the country, but they refuse to do anything to fix them
Posted on 8/22/25 at 5:48 pm to Taxing Authority
quote:
Why do you oppose the Chinese? You're essentially backing the same system they use.
I mean...I'm sure Intel would have just as readily sold a stake to China.
Posted on 8/22/25 at 5:49 pm to WeeWee
Is it a giod idea? Here's a very simple test:
Imagine if Biden did this...now give your answer.
Imagine if Biden did this...now give your answer.
Posted on 8/22/25 at 5:50 pm to CleverUserName
quote:
Everyone does remember that we as taxpayers once owned.. what… half of General Motors and as much, if not close, to Chrysler?
They literally failed and we stepped in. It was a pretty terrible idea too.
Now we’re making an investment in a company that has literally been one of the worst investments of the last 25 years, but isn’t failing. It’s unprecedented.
Posted on 8/22/25 at 5:53 pm to imjustafatkid
Even if I were to budge on the national security angle - which is hard to do given the AMD/NVDA 15% deal - we backed arguably the worst foundry company in the world. 
The cherry on top is Trump wanting their CEO fired 3 weeks ago.
The cherry on top is Trump wanting their CEO fired 3 weeks ago.
Posted on 8/22/25 at 5:54 pm to WeeWee
Trump picking winners and losers is NOT good for the country. this is a slippery slope that were just now running down. MP first, now INTEL.
Wait til Dems get in power, then all our tax dollars will be buying companies of their choosing. Such a fricking disaster. And sure Trump will say its about national security, but we all know he is just tipping the scales to protect American companies, however this will be abused by future administrations if there is no push back or lawsuits stopping these purchases
Wait til Dems get in power, then all our tax dollars will be buying companies of their choosing. Such a fricking disaster. And sure Trump will say its about national security, but we all know he is just tipping the scales to protect American companies, however this will be abused by future administrations if there is no push back or lawsuits stopping these purchases
Posted on 8/22/25 at 5:55 pm to WeeWee
Hell yeah let’s get some American state-owned enterprises going.
Posted on 8/22/25 at 5:58 pm to slackster
quote:
Even if I were to budge on the national security angle - which is hard to do given the AMD/NVDA 15% deal - we backed arguably the worst foundry company in the world.
The cherry on top is Trump wanting their CEO fired 3 weeks ago.
It seems like a good deal on the surface. 5.7B of the US's stake in this deal is grant funding that hasn't been paid yet. So instead of simply giving money away the US is getting something in exchange.
This will also help advance a key part of Trump's agenda, which is domestic chip development. I can see where he's coming from with this.
Posted on 8/22/25 at 5:59 pm to AuburnTigers
quote:
Trump picking winners and losers is NOT good for the country.
In this case, the US taxpayer appears to be the winner. We're gaining a stake in Intel for money that was already granted to Intel. I'm honestly not sure why Intel would agree to that, but that's what we have going on here.
Posted on 8/22/25 at 6:02 pm to imjustafatkid
quote:So you were cool with the Wall Street Bail outs?? Because thats what this is. Bailing out companies struggling to compete in the marketplace.
In this case, the US taxpayer appears to be the winner.
your shortsightedness is a also weakness. This is just the beginning. Extrapolate this a decade. the US taxes the frick out of its citizens so it can invest in US companies, taking money out of taxpayers pockets and putting it into corporate owners
This post was edited on 8/22/25 at 6:05 pm
Posted on 8/22/25 at 6:07 pm to AuburnTigers
quote:
So you were cool with the Wall Street Bail outs?? Because thats what this is. Bailing out companies struggling to compete in the marketplace.
Well no, that's not what this is. Intel was already granted this money. There is no scenario where Intel doesn't get this money.
This is so unlike what you described that it isn't even on the same planet. This is closer to clawing back whatever we can get from money already dedicated to a purpose.
Posted on 8/22/25 at 6:15 pm to imjustafatkid
quote:So you dont have a clue about what you are talking about.
This is so unlike what you described that it isn't even on the same planet.
quote:this is nationalizing a company.
This is closer to clawing back whatever we can get from money already dedicated to a purpose.
Posted on 8/22/25 at 6:19 pm to Taxing Authority
quote:
Not a single person mentioned him
Mentioned who? I never mentioned anyone
That iq
Posted on 8/22/25 at 6:22 pm to imjustafatkid
quote:Sure. The government made a profit on TARP and the GM/Chrylser bailouts. GWB and Obama were geniuses!
In this case, the US taxpayer appears to be the winner.
Posted on 8/22/25 at 6:40 pm to Taxing Authority
quote:
You should look up analogies.
Your analogy compared it to the confiscation and prohibition to own AR15s. That’s not a direct correlation to defense contractors who are developing made for government contract products that no consumer could afford.
There also isn’t a single nation that doesn’t regulate or partner with defense contractors.
Are you arguing that General Dynamics should be allowed to build Abrams tanks and export to whoever they want?
Many platforms are leveraging DARPA patents licensed to private companies to begin with so they didn’t even shoulder all the R&D costs and wouldn’t have ever had the tech without federal support.
Posted on 8/22/25 at 6:42 pm to AuburnTigers
quote:
this is nationalizing a company.
Only in your imagination.
Posted on 8/22/25 at 6:43 pm to Taxing Authority
quote:
Sure. The government made a profit on TARP and the GM/Chrylser bailouts. GWB and Obama were geniuses!
Again, this is money that was going to Intel either way. The Biden admin awarded this money to Intel. They were going to get it anyway.
Even if the government later sells its stake at a loss, ANY money recieved would more of a gain than would have been possible without this deal.
This post was edited on 8/22/25 at 6:44 pm
Posted on 8/22/25 at 7:02 pm to Taxing Authority
I’ve voted for Trump three times you dumb motherfricker.
Posted on 8/22/25 at 7:18 pm to imjustafatkid
quote:Its literally whats happening, you are just too naive to know the difference.
Only in your imagination.
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