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Posted on 08/26/2025 7:50:08 AM PDT by DFG
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If any Freepers have an idea as to the reasoning behind this, please clue the rest of us in. Thanks
This is a bad idea.
The government spends billions on these chip fabs to prop them up. One example of a company in Austin TX and Malta NY is https://gf.com/. what do taxpayers get in return? NOTHING.
So I like the equity stake idea.
Hey, it worked out well with Government Motors.
If we’re worried about foreign nations or non-state actors investing in American corporations, we should just make laws regulating or prohibiting such.
This is poorly thought out, flat out wrong and a terrible precedent. I’d go as far as saying it’s un American. I don’t GAF what the creative reasoning behind it is.
Wait until dems/RevComs retake power and start “investing” in our private companies.
If big fat government contracts are okay I don’t see how getting stock is a big deal.
These places basically only exist because of Fed money in the first place , it’s not the free market.
Sounds fascist.
Yep, a loss of 10.5 BILLION. I'd argue that chips fabs and the auto industry are two different things. The government's actions prevented a potential economic collapse of the auto industry and its supply chain, which would have cost jobs and social service expenses.
The other side throws the word “fascist” around - stupidly, ignorant of the meaning.
With this, they could actual have the beginnings of making that point.
And when a Democrat becomes president again, there will be pressure to put a Hunter Biden on the board of directors and launch green initiatives, etc. Bad idea.
Competition for these contracts are basically nonexistent. And government stake in them would help that arrangement ment in any way.
My concern is how would government ownership of contractors affect procurement decisions?
For all I know, this is about gathering assets that will fund a privatized Social Security System in the future.
There are more important fish to fry than this story.
Trump is doing more than any president in my lifetime.
It sounds like Fascism, what Mussolini did. Fascism is not what Hitler did, it is when government controls private companies, and shares the profit, but not the losses. It is end stage societal Cancer, Stage 4.
100% IS fascist by definition.
It’s gonna take alot more than the $9B spent on Intel for sure.
Lockheed is massive.
Nationalizing our defense industries. We came close in WW2, never outright buying the companie’s shares, but the War Board dictated everything, including board members.
This move signals the US is anticipating war in the near future. In other words, directly buying into Defense Industries gives the war companies a promise in “ the full faith and credit “ backing by the government ( taxpayers) to keep them alive.
Do realize bankrupt nations ALWAYS nationalize everything, from Pension funds to Savings accounts to 401K’s. As the US slips further into the Debt “end game”,
I expect not bailouts, but nationalizing every form of Wealth- in very creative ways- for the good of all they will say.
+1
5.56mm
This is a poor workaround to Congress not doing their job. It is the dark side of Trump’s “get stuff done” style of governance. It is “a” solution to shoring up critical manufacturing but one that will lead to undesirable outcomes down the road.
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