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Posted on 08/23/2025 1:59:47 PM PDT by RandFan
@RepThomasMassie
Our government should not have ownership in private companies. There are so many specific problems with an arrangement like this, but fundamentally, this is not who we are as a country.
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Not even temporarily? For national security?
@RepThomasMassie
The CHIPS Act did not authorize the U.S. government to acquire stock in private corporations.
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Is Massie saying this could be illegal? The way they’ve done it I mean?
The textbook definition of fascism is when you can’t tell where government ends and companies begin.
Massie can have a nice cup of STFU.
That’s not who we are.
I remember a Kenyan saying it.
The problem with Massie’s position is that China will gladly give Intel a trillion dollars for part ownership. How does a private company resist that?
Taking a complete hands-off position in how a company operates opens the door to foreign companies from owning the US outright.
“””@RepThomasMassie Our government should not have ownership in private companies. There are so many specific problems with an arrangement like this, but fundamentally, this is not who we are as a country.””””
Massie sure sounds like Obama here. How many times did we hear Obama say: “this is not who we are”?
Explain Chrysler.
GM in 2008...
Banks in 2008...
I agree government should stay out but we’re talking national security here.
Does the Constitution forbid such actions by the government?
BS. Every bailout is technically the government getting inside a company. It’s been happening for a long time.
“Not who we are as a country” is another term like “ Islamophobia”. “homophobia”,”widely discredited or debunked “ used by political propagandists to shut down debate and shout down opposition to their misdeeds.
Whenever I hear those words I automatically know I’m being bluffed, baffled, bull shitted and hoodwinked by all that follows
How much did Jackass Joe give away to Rivian, free of charge? Chrysler was bailed out too. Difficult times, difficult decision.
Does the government not invest our monies in private companies?
Do you know the words to Da Camptown Races?
Heark back to the Preamble and go from there when assessing.
I would rather own shares than just give them grants or even tax cuts.
Seems a better deal than Fannie and Freddie. The UK has golden shares and State Owned Enterprises are not uncommon around the world.
Intel is too big to fail
/s
CIA’s In-Q-Tel (IQT) has been doing this for decades. One of its successes is Palantir.
If it not who we are as a country then why have we been doing it since we became a country?
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