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Uncle Sam shouldn't own Intel stock

(www.wsj.com)
335 points aspenmayer | 2 comments | 24 Aug 25 21:40 UTC | HN request time: 0.401s | source
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lisbbb ◴[24 Aug 25 23:53 UTC] No.45008894[source]▶
The handwringing over Trump continues and is completely unwarranted. Obama bailed out the entire banking industry to horrifying moral hazard. The US is bailing out Intel for national security reasons and taking a 10% stake is a better deal for US taxpayers than how typical bailouts like GM played out. Sheesh! It's like you can't even read a news story these days without seeing the anti-Trump bias programmed into the article.
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1. knifie_spoonie ◴[25 Aug 25 05:22 UTC] No.45010486[source]▶
It was Bush who signed the bailout bill, not Obama.
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2. lisbbb ◴[26 Aug 25 20:19 UTC] No.45031819[source]▶
Obama had every opportunity to change the tune when he came into office but he doubled down on bailouts instead, so it's a kind of not that important who signed what.