Posted on 08/24/2025 2:05:02 AM PDT by RandFan
Happy Sunday by the way! This is not meant to be a divisive thread but a lot of conservatives uneasy about this one.
Removal of "NGO's" from receiving ANY tax dollars is the other major tax relief for us, but that can never happen, either, as it is the MAIN money-laundering scheme for ALL the politicians.
Point me to the Constitution where it provides for funding NGO's?
I recall a fed bailout of Gm and Chrysler in 2008, $80 Billion.
Who is Edwin Landy and why should anyone care what his opinion is? This is your typical stirring the pot non-sense
It is not illegal for the U.S. government to buy a stake in Intel; the U.S. government’s 10% equity stake in Intel, valued at $8.9 billion, was established through a recent agreement where Intel provided shares funded by grants already authorized under the CHIPS and Science Act. This move, while historically significant, was legally permissible within the framework of existing legislation, which provides for government funding and investments to bolster domestic semiconductor manufacturing.
Details of the Agreement
The U.S. government received a 9.9% stake, or approximately 433.3 million shares of Intel common stock. The investment of $8.9 billion was funded through outstanding grants from the CHIPS and Science Act and the Secure Enclave program, which had not yet been paid to Intel. The agreement aims to advance national priorities by strengthening the U.S. domestic semiconductor industry.
Legal Basis -—CHIPS and Science Act:
The agreement leverages funding and incentives authorized by the 2022 CHIPS Act, which provides billions of dollars in government funding for chip-related activities. Part of the funds for this investment also come from the Secure Enclave program, which supplies the Department of Defense with semiconductors.
Governance and Rights
Passive Investor: The U.S. government will not have a board seat or other governance rights in Intel, acting as a passive investor. The government has agreed to vote with the company’s board on matters requiring shareholder approval, with some exceptions.
We (the West) have a superior (capitalist) system than theirs or rather we’re meant to have - it’s proven!
Your TDS is showing again.
You are one of the most ignorant people on FR. Maybe if you studied history and civics you might not make such an ass of yourself all the time.
Wow so you think it’s ok for govt’s to do this?
As for being ignorant there is no basis in law for this so please bear that in mind when making such an accusation
Again, you should take a law class before saying such stupid crap.
Point me to the specific bill or passage in law allowing for this?
You Rand idiot would complain no matter what Trump does.
You also never have any ideas of you own. It is easy to just bitch and complain all the time while trying to make people think you’ve got all the answers. Like Rand, you have none.
Rand never has any good ideas, never builds a consensus, never builds anything really.
Rand called it a ‘Terrible idea’
You’re a Trump booster (no matter what).
There is nothing wrong with that by the way but at least be honest you’re just an apologist.
If Biden did this you’d be screaming about it.
The only good I can see coming out of this is if it’s challenged and it leads to getting government investment out of other businesses. Like whatever the Federal Reserve is invested in.
Thats exactly what this is... propping up Intel... its giving Bush and Obama-light... too big to fail -_-
At that time, people I knew then “converted” to Ford.
What would Thomas think... Indeed, any of the Supremes including Trump ones would not like this one bit (if challenged)
I guess they’re banking on no challenge forthcoming.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.