U.S. government takes 10% stake in Intel, as Trump expands control over private sector
https://www.cnbc.com/2025/08/22/intel-goverment-equity-stake.htmlOpen linkView original on lemmy.worldSyndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.worldhttps://www.cnbc.com/2025/08/22/intel-goverment-equity-stake.htmlOpen linkView original on lemmy.world
14 replies
Trump: We didn't pay anything for the stock.
I'll always continue to be amazed at how stupid he, and the general public that supports him are.
Oh yes, let's do the thing where corporate and government interests are merged. The new line of chips can be the Intel Volkschip™: For All of Us*.
*Conditions applyAnd there could also be a gesture to affirm? That would be handy.
Yay, so now the spying will be baked into the cpus themselves.
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Remember: he’s looking after his party’s interests of small government and free market.
It's almost like socialism. In the name of preserving national corporate interests.
A kind of national socialism if you will...
Part of the dictatorship where he starts nationalizing industries?
This is where the very word Fascism comes from: fasces in latin means bundle - the bundling of state and private sector together. The government and private companies in cahoots is one of the core features of any fascist regime.
Are we at the point of guillotines yet?
Well past... We've reached the wood chipper stage now.
Oh .. wait .. are wood chippers just modern guillotines? It would be a fair bit easier to obtain one when needed .. maybe not super healthy to have an angry mob inhaling the resulting mist though ..
Hmm I thought they shipped all there jobs overseas ? I worked for a temp agency for Intel.. came back from the military and the job was gone overseas… like Dam!
Hmm nationalization... That's so Republican...
If you ever needed proof that MAGA ≠ GOP, this is it. The Republican party has disappeared off the radar.