President Trump’s Aug. announcement that the U.S. government had taken a 9.9% stake in Intel is a marked shift in U.S. policy. @petereharrell.bsky.social looks at the legality of the government owning stakes in private companies and what Congress could do if it decides to intervene.
Does Intel not think that move is going to affect their bottom line? With any amount government intermingling, I wouldn’t buy an Intel chip and I’m not a foreign government. I can’t imagine how much sales are going to drop as a result of this.
Where exactly is the money going to? His "library fund" again?
I, for one, am glad the Republican Party is embracing socialism. Now, we just need to get Democrats on board and we can get somewhere.
Basis?