And today Conservatives come in and discuss their love of Socialism.

[GhostFence]

US to take 10% equity stake in Intel, in Trump's latest corporate move

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.

www.reuters.com

WASHINGTON, Aug 22 (Reuters) - President Donald Trump said on Friday the U.S. would take a 10% stake in Intel (INTC.O), opens new tab under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.

The deal puts Trump on better terms with Intel CEO Lip-Bu Tan, after the president recently said the CEO should step down due to conflicts of interest. It will ensure that the chipmaker will receive about $10 billion in funds for building or expanding factories in the U.S.

For the dim bulb conservatives of the world: when the Government takes a stake in a company, that's socialism.

They would be screaming socialism if Biden did this.

 

[tshade]

US to take 10% equity stake in Intel, in Trump's latest corporate move

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.

www.reuters.com

For the dim bulb conservatives of the world: when the Government takes a stake in a company, that's socialism.

They would be screaming socialism if Biden did this.

dim bulbs is right----------and Trump will have his way because of it............

 

[dmpi]

10% is nothing. Obama bought the whole bankrupt GM as a gift to the unions.

 

[spud_meister]

The global economy has found neoliberalism wanting, and is in the process of moving to the Chinese model of authoritarian capitalism.

 

[GhostFence]

10% is nothing. Obama bought the whole bankrupt GM as a gift to the unions.

You make Conservatives look like a priest ****ing a prostitute and calling the heathens outside 'adulterers'.

 

[Bergslagstroll]

Republicans have no problem with government control over companies and the economy as long as it's their side doing it. Just like they don't have any problem with Trump claiming that children should do with less dolls while he and his oligarch friends get massive tax cuts.

Trump team has created a secret list ranking companies on how loyal they are

Trump has incentivized companies to invest more in the US and align with his agenda

www.independent.co.uk

US demands that EU companies comply with anti-diversity order

US president Donald Trump has repeatedly taken aim at Diversity, Equity and Inclusion (DEI) programmes in the US, especially in government offices, claiming that they were discriminatory.

www.euronews.com

Two dolls instead of 30? Toys become the latest symbol of Trump's trade war

Toy dolls have become the latest rhetorical poster child for President Donald Trump's tariffs crusade.

apnews.com

Trump wants to turn the US into Hungary where both the economy and the state serve the ruling party and their loyal oligarchs.

Autocracy, Corruption, and Decline: Why Hungary and Orbanism Must Never be a Model for the U.S.

Adopting Orban's model would risk reshaping the U.S. into a country with weakened checks and balances, corruption, and a flagging economy.

www.justsecurity.org

 

[Bergslagstroll]

The global economy has found neoliberalism wanting, and is in the process of moving to the Chinese model of authoritarian capitalism.

China represent authoritarian capitalism with an oppresiv and controlling regime. While at the same time implement some policies that benefit the economy and the people.

How China’s EV Boom Powers Its Tech Rise

Once an auto underdog, the country’s current dominance of the global electric-vehicle market says a lot about why it brims with confidence in other fields.

time.com

While you also have cleptocracies like Russia and Hungary and it's seems that the US is heading in that direction under Trump.

While there are now need for an alternative to both neoliberalism, authoritarian capitalism and clepocracy. Like for example progressiv policies that reverse the last decades of increased inequality and creates opportunities for working and middle class families. While also strengthen democracy.

Inequality has risen from 1970 to Trump − that has 3 hidden costs that undermine democracy

The Republican tax bill is set to worsen inequality, government data shows. It’s part of a 50-year trend that’s affecting the social fabric as well as the economy.

theconversation.com

 

[Loulit01]

The global economy has found neoliberalism wanting, and is in the process of moving to the Chinese model of authoritarian capitalism.

Trump is a neoliberal?

 

[GhostFence]

Republicans have no problem with government control over companies and the economy as long as it's their side doing it. Just like they don't have any problem with Trump claiming that children should do with less dolls while he and his oligarch friends get massive tax cuts.

"Rules for thee but not for me" - the new GOP motto.

 

[Bergslagstroll]

Trump is a neoliberal?

It’s a mix of authoritarianism, clepocracy and neoliberalism.

Trump for example wants countries to compete in lowering taxes for multinational corporations instead of setting a global minimum tax for companies. Just like neoliberalists.

The implications of G7 agreement on the global minimum tax

Though the European Union might not like a ‘side-by-side’ global minimum tax system, it has little choice but to work with it for now

www.bruegel.org

While at the same time he intervenes in the market when it suits his political interests. He also uses the presidency to enrich himself.

https://www.france24.com/en/live-news/20250823-us-halts-work-on-huge-nearly-complete-offshore-wind-farm

Trump's Middle East visit comes as his family deepens its business, crypto ties in the region

President Donald Trump's trip to the Mideast comes as sons Donald Jr. and Eric work the same part of the world for the family’s moneymaking opportunities.

apnews.com

 

[The AntiDonald]

10% is nothing. Obama bought the whole bankrupt GM as a gift to the unions.

GM paid the government back.

General Motors Pays Back $8 Billion to Taxpayers Ahead of Schedule

ABC's 'World News' reports on today's announcement from GM that the automaker has repaid $8 billion in government loans.

abcnews.go.com

April 21, 2010— -- General Motors today $8.1 billion in government loans repaid, five years ahead of schedule and nine months after the troubled auto giant declared bankruptcy, signaling that the auto maker may be on the path to profitability.

"As of today, GM has repaid in full and interest," said GM CEO Ed Whitacre to a crowd assembled on floor of a GM plant in Kansas City, Kan.

 

[hooligan]

10% is nothing. Obama bought the whole bankrupt GM as a gift to the unions.

Incorrect.

Also - how much GM stock does the US government own today?

 

[ElChupacabra]

10% is nothing. Obama bought the whole bankrupt GM as a gift to the unions.

It was actually to save all of the jobs that would have been lost had those companies collapsed.

 

[The Populist Right]

The Republican party exists to prevent sensible taxation of the rich. All other actions are just a means to that end.

They’ve never believed in the "freh murket".

 

[Bergslagstroll]

The Republican party exists to prevent sensible taxation of the rich. All other actions are just a means to that end.

They’ve never believed in the "freh murket".

Republicans goal have all along been about enriching themselves and their oligarch donors. While Trump take it to the next level with the lavish gifts and other economic benefits he gets from business leaders and foreign countries.

Trump Organization breaks ground on $1.5 billion golf club in Vietnam

The Vietnamese prime minister said a visit by President Donald Trump’s son Eric “motivated us to expedite” the luxury residential development outside the capital, Hanoi.

www.nbcnews.com

US accepts luxury jet from Qatar for use as Air Force One for Trump

The United States has accepted a luxury Boeing 747 jetliner as a gift from Qatar and the Air Force has been asked to find a way to rapidly upgrade it for use as a new Air Force One to transport President Donald Trump, the Pentagon said on Wednesday.

www.reuters.com

While also for example how far Republicans are now willing to go at benefiting the fossil fuel industry at the expense of their own voters.

Why utility bills are rapidly rising in some states

Residential electricity rates are expected to increase by as much as 18% in the next few years, according to the Energy Information Administration.

www.cbsnews.com

Clean energy generates major economic benefits, especially in red states » Yale Climate Connections

But a Trump-era funding freeze could disrupt investments in clean energy projects.

yaleclimateconnections.org