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The Federal Government is now the greatest Intel Shareholders.
President Trump took 10% stake in American Chipukek, who brought stabbed critiques of old conservatives mostly supported.
Trump insists that it is much, and to wait more in the wings.
Excuse me, how exactly it’s different Socialism?
Trump says Intel agreed to give us 10% stake in the company
If socialism takes funds for the production for a greater good company, it sounds like a summary of the summary of the socialist movement – as it works in such countries as China and Russia.
If Barrack Obama did it, it would be an endless hours of programming that calls him a communist crazy.
The former president was taken over by Chrysler and General Motors, but it was a rescue mission that was aimed at preventing the collapse of the industry icon in the country.
Intel is just the beginning. “I hope to have many more cases like that,” Trump said.
The Federal Government is now the largest share of Intel, thanks to the President Truth – who insists that he has just begun. (Chip Somodevilla / Getty Images)
Republicans long claimed that the government should not remain without free markets and not bet on “winners and losers”. But this is Trump Republican Party, and this is a new approach – the form of what industrial policy used to be emphasized.
If the financial problematic company sells its production affairs, the American share of Intel becomes 15%.
Larry Kudlov, a superior economic advisor in Trump’s first term, said that he was on his fashion business that “I am very uncomfortable with that idea. I’m very uneasy with that.”
Trump defends $ 11b Intel bet, he says he will refer to “all day long”
Steve Moore, an informal economic advisor Trump, also broke with him, said Kudlov: “I hate the vice versa. We want the government not to leave the property, not buying property. So terrible, one of that scarier. White house. “
The national editorial review said that “the government should not enter the chip job.”
Sen. Thom Tlylis is “unpleasant … I don’t care if it’s a dollar or a billion dollar. It begins to feel like a half-dressed company A La CCCP,” which means the Soviet Union. He told Major Garrett.
Rand Paul Published: “Wouldn’t the government part of Intel would be a step towards socialism? A terrible idea.”
On the other hand, Bernie Sanders is celebrated.
President’s call: “Why are” stupid “people dissatisfied with the team? I will help those companies that make such entries with the United States. … I like to see your stock prices, making the American richer and richer.”
He added Monday: “I just gave $ 10 billion, or $ 11 billion for the United States of America.”
Secretary Store Howard Lunnick said Fox News’ Laura Ingraham that Trump’s Intel Move “No Socialism”, instead insisting that it was a good job. (Photo Vin McNamee / Getty Images)
The Secretary Store of the Secretary Howard Lunnick told Laura Ingraham, “It’s not socialism … It’s the best businessman in the United States in the Oval Office who works honest things for us.”
Intel, in the required Secu, warned investors that the arrangement could limit its ability to secure future grants, injuries to global sales and the company’s subject to greater regulation.
In a deep plant, news about the news Wall Street Journal reported that Trump requested the resignation of Intel CEO Lip-bu tan gun in the past. But after Tan flew into the White House, Trump stopped criticism. “I liked a lot, I thought he was very good,” said President at the Oval Office.
Maria Bartiromo warns that Trump’s Intel Deal “lifting eyebrows”
Said to convert nearly $ 9 billion of grants – intended for the company under Joe Biden’s Bipartisan chips operate – in a 10% capital.
“Trump will probably have to find several ways to support Intel, unwilling to fail to pass it on her paper,” says a journalist.
That’s the thing. If the fighting company is well struggling, it is good for America, but if it still decreases, it is a danger with a shortage.
Intel Stock has seen 4% jump from Trump’s announcement. (AP PHOTO / RICHARD DREV, File)
The stock jumped by 4% of the announcement of the announcement, but now it is worth about $ 110 billion – up to 50% from the beginning of 2024. Years.
Intel has previously announced plans to fire 15% of its workforce.
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The President claims that, because the government is a non-voting member of the board, will not interfere with Intel business decisions.
The reality is when the president of the United States is your biggest shareholder, it can give it quite what he wants.
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And with a trump traverses, he basically changes the role of government as a partner with business – whatever you want to mark it – just as it transformed it so much.
