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  • Sen. Rand Paul blasts Trump’s stake in Intel as ‘a step towards Socialism’

    09/03/2025 10:15:09 AM PDT · by RandFan · 57 replies
    CNBC ^ | Sep 3 | CNBC
    Sen. Rand Paul, R-Ky., on Wednesday criticized the Trump administration’s decision to take a 10% stake in embattled chipmaker Intel , calling the investment “a step towards socialism.” Intel announced last month that the U.S. government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10% stake in the company. Intel noted that the price the government paid was a discount to the current market price. Paul said government ownership is “a bad idea.” “It’s always a mistake to say, ’Well we have this one bad...
  • RAND PAUL SOUNDS ALARM ON THE NATIONAL DEBT

    05/27/2025 1:44:58 PM PDT · by RandFan · 54 replies
    X ^ | 27 May | Sen. Rand Paul
    @RandPaul The national debt is over $36.9 TRILLION! That equates to: 👤More than $107,000 per citizen 💰More than $323,000 per taxpayer 💸Debt-to-GDP ratio of 122%
  • GOP SEN. RAND PAUL HAS VOTES TO BLOCK TRUMP'S TARIFFS

    04/28/2025 8:14:56 PM PDT · by RandFan · 95 replies
    Man Raju (CNN) ^ | April 27 | Man Raju
    "GOP Sen. Rand Paul says he expects to have enough votes in Senate to pass resolution to effectively block Trump’s tariffs. But Paul, who expects the vote Wednesday, attacked Speaker Johnson’s move to block such resolutions as “dishonesty.”" *** The background to this, via Politico: The White House warned that Trump will veto a bipartisan Senate resolution that would terminate his sweeping global “Liberation Day” tariffs. The statement of administration policy from the Office of Management and Budget, sent to congressional offices Monday, comes ahead of an expected vote this week forced by several Democrats led by Sen. Ron Wyden...