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Trump Pentagon weighing equity stakes in defense contractors like Lockheed, says Lutnick
CNBC ^ | 08/26/2025 | Kevin Breuninger

Posted on 08/26/2025 7:50:08 AM PDT by DFG

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To: delta7

“Do realize bankrupt nations ALWAYS nationalize everything, from Pension funds to Savings accounts to 401K’s. “

Interesting that you mention Russia’s pension fund which has been depleted to pay for Putin’s two-week war.

Not to worry. Putin is raising the retirement age to 65 with the average Russiam male living only to 64.


61 posted on 08/26/2025 5:54:09 PM PDT by TexasGator (The 150 hp Florida Gnat)
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To: Stingray51
If any Freepers have an idea as to the reasoning behind this, please clue the rest of us in. Thanks

Lockheed recently announced in an earnings call that they missed their numbers by going WAY over budget on a classified gov't project, but said that it was worth it because they have found game-changing technology. So...

Possibilities:

  1. The government is getting a stake to control this new tech, or
  2. The government is buying a stake in companies for the proposed new sovereign wealth fund, or
  3. This is just state sponsored socialism.
If it's number 3, I am very disappointed. This is the last administration that I would have expected this from.


62 posted on 08/26/2025 6:05:10 PM PDT by chud
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To: DFG

This is a flat out bad idea. The federal government should have no stake in any public or private corporation. When the Dems come back around to the Presidency this will be how they mandate left wing policies, like the return of DEI.


63 posted on 08/26/2025 10:56:30 PM PDT by Mozzafiato
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