Think long term. What kind of regulatory capture is going to happen? Protected companies stagnate instead of innovate. That 10%? That’s not a cash deal. It’s not revenue for the share holders. It’s basically the value of all the CHIPS deal and other things that Intel was already getting. They literally gave 10% of the company away for free.
And it’s illegal. And it’s communism. It’s everything Republicans hated when the Obama administration gave Solyndra a loan. This is pure corruption and will end badly for everyone.
The stock is up. But that’s not because this is good. It’s up because investors didn’t think this through. Short term profit vs long term fail.
This ain’t gonna be that buddy, this is capitalist maneuvers the whole way. Either funds will be shoveled into private pockets or the value of this will be juiced to support the extrajudicial shit that’s going on.
Prior to a week ago every conservative was 100% against any form of government corporate ownership. They hated TARP, Solyndra and quantitative easing. They went so far as to want to privatize social security and the post office. Countless hours have been spent justifying all of this and it was baked into their identity that it was all bad in any flavor.
Then, suddenly, Trump is for it and they fall into line without a moment of cognitive dilemma. Cult mentality. They cared about communism before and suddenly they don’t and they haven’t given us a reason. They haven’t admitted their change.
What backlash, exactly? The stock is up
Think long term. What kind of regulatory capture is going to happen? Protected companies stagnate instead of innovate. That 10%? That’s not a cash deal. It’s not revenue for the share holders. It’s basically the value of all the CHIPS deal and other things that Intel was already getting. They literally gave 10% of the company away for free.
And it’s illegal. And it’s communism. It’s everything Republicans hated when the Obama administration gave Solyndra a loan. This is pure corruption and will end badly for everyone.
The stock is up. But that’s not because this is good. It’s up because investors didn’t think this through. Short term profit vs long term fail.
COOOOOOOOMMMUUUUUUNIIIIIIISSSSSMMMMMMMM!!!
This ain’t gonna be that buddy, this is capitalist maneuvers the whole way. Either funds will be shoveled into private pockets or the value of this will be juiced to support the extrajudicial shit that’s going on.
Prior to a week ago every conservative was 100% against any form of government corporate ownership. They hated TARP, Solyndra and quantitative easing. They went so far as to want to privatize social security and the post office. Countless hours have been spent justifying all of this and it was baked into their identity that it was all bad in any flavor.
Then, suddenly, Trump is for it and they fall into line without a moment of cognitive dilemma. Cult mentality. They cared about communism before and suddenly they don’t and they haven’t given us a reason. They haven’t admitted their change.
I don’t disagree with anything else you said, they are a cult it’s just not communist at all. Fascist yes
Not communist except for the government ownership of companies?
Plenty of capitalist companies are government owned. Canada has crown corporations, for example, that do generate profits. https://en.wikipedia.org/wiki/List_of_government-owned_companies
Are you in favor of this?
In favour of what