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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 1 comments | 22 Aug 25 21:01 UTC | HN request time: 0.26s | source
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jjcm ◴[22 Aug 25 22:36 UTC] No.44990743[source]▶
In general I would rather the government take a stake in corporations they're bailing out. I think the "too big to fail" bailouts in the past should have come with more of a cost for the business, so on one hand I'm glad this is finally happening.

On the other hand, I wish it were a more formalized process rather than this politicized "our president made a deal to save america!" / "Intel is back and the government is investing BUY INTEL SHARES" media event. These things should follow a strict set of rules and processes so investors and companies know what to expect. These kind of deals should be boring, not a media event.

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FollowingTheDao ◴[22 Aug 25 23:10 UTC] No.44991056[source]▶
I agree. In fact, I think the government should own all utilities like they do in more socialist countries. It gets rid of price gouging, and the stabilizes the market in things that are necessary for human life.

The natural resources of the country should belong to all of us. Not just a select few.

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1. webninja ◴[28 Aug 25 01:35 UTC] No.45047330[source]▶
I visited a South American country where the water utility was recently sold to a private corporation. The home I briefly visited had a large water barrel inside because the water now shut off for many hours of the day, including the hours I was visiting.