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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 5 comments | 22 Aug 25 21:01 UTC | HN request time: 0s | source
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sgnelson ◴[23 Aug 25 01:52 UTC] No.44992267[source]▶
Everyone is talking about "bailouts" and "owning a company that the government funds."

This isn't about that at all. This is about the breakdown of the rule of law, a unitary executive bypassing all other branches of government and demanding a private enterprise give itself over to the government.

If you don't think there was an "or else" as part of this deal, you're largely mistaken. If you don't think that there will be other questionalbe demands placed on Intel in the future from this government, you are largely mistaken.

But y'all go ahead and can keep arguing over whether we should "get something back" from this deal. Because that's really going to maker ameraica graet agian.

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1. andsoitis ◴[23 Aug 25 03:31 UTC] No.44992891[source]▶
> is about the breakdown of the rule of law, a unitary executive bypassing all other branches of government and demanding a private enterprise give itself over to the government.

What do you think about Senator Bernie Sanders backing Trump plan for government stake in Intel?

https://www.aljazeera.com/economy/2025/8/20/us-senator-berni...

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2. frollogaston ◴[23 Aug 25 03:56 UTC] No.44993004[source]▶
I'm glad Sanders never made it past senator. If only Trump never made it past casino owner.
3. verzali ◴[23 Aug 25 04:22 UTC] No.44993130[source]▶
It's odd seeing Republicans endorse state owned companies. Bernie has at least been consistent in his beliefs.
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4. andsoitis ◴[23 Aug 25 04:49 UTC] No.44993250[source]▶
> It's odd seeing Republicans endorse state owned companies.

What’s even more confusing is that the Republicans voter will rationalize this!

> Bernie has at least been consistent in his beliefs.

So same outcome. The question is whether the two “sides” see their common point of view.

5. sgnelson ◴[23 Aug 25 20:23 UTC] No.44998837[source]▶
I think "fuck your whataboutism."