Comments

• kalkulat@lemmy.world ⁨31⁩ ⁨minutes⁩ ago

  Wow. Throw 16M people off health care, then invest the savings in corporations. HEy, Intel, how do you like your blood money?

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• SpontaneousCombustion@lemmy.world ⁨8⁩ ⁨hours⁩ ago

  Funny, when Europe does this, it’s called “socialism”.

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  • assembly@lemmy.world ⁨7⁩ ⁨hours⁩ ago

    Can you imagine the screams of, “COMMUNISM!!!” If Obama or Biden had done this. It’s all we would hear about for an entire election cycle. Fox “News” would play it nonstop.

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    • anotherspinelessdem@lemmy.ml ⁨7⁩ ⁨hours⁩ ago

      Didn’t Obama do it for GM and a bunch of other companies as part of a bailout package for a period of time?

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  • gravitas_deficiency@sh.itjust.works ⁨2⁩ ⁨hours⁩ ago

    Yes and no. In this context, it’s more of a shakedown-sorta thing.

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  • woelkchen@lemmy.world ⁨8⁩ ⁨hours⁩ ago

    And when China and Arab states do it, it’s something to aspire.

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• Buffalox@lemmy.world ⁨1⁩ ⁨hour⁩ ago

  Yes but contrary to China, USA doesn’t use government subsidies to promote their own industries, or state owned companies to spy on the rest of the world. 🤪

  I hope Intel survives because a Chinese (mainland+Taiwan) monopoly will not be good, but I am so sick of American disinformation regarding China.

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• MdRuckus@lemmy.world ⁨5⁩ ⁨hours⁩ ago

  Seems like the government owning private industry might stray into the socialism thing thy hate. Why not do this with something more important like healthcare? Republicans are hypocrites.

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  • blattrules@lemmy.world ⁨3⁩ ⁨hours⁩ ago

    It’s only socialism when democrats do it.

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  • devdoggy@lemmy.world ⁨1⁩ ⁨hour⁩ ago

    Or the rental market…

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  • captainlezbian@lemmy.world ⁨1⁩ ⁨hour⁩ ago

    Because healthcare would help you

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  • seralth@lemmy.world ⁨4⁩ ⁨hours⁩ ago

    Healthcare could help, that’s good socialism. Intel is profits and power and control for the sake of it. That’s bad socialism.

    That way when things fuck up they can point and go SEE SEE IT DOESNT WORK! WE TRIED IT AND IT MADE THINGS WORSE!!

    and if it somehow does manage to help or improve things they can now claim they did something smart and take all the credit.

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    • iamdefinitelyoverthirteen@lemmy.world ⁨2⁩ ⁨hours⁩ ago

      Yeah, but then poor people would use it.

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  • Seleni@lemmy.world ⁨2⁩ ⁨hours⁩ ago

    If you ask, they’ll tell you it’s different for ‘essential services’. It’s the same excuse they use for the farm handouts.

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• seaQueue@lemmy.world ⁨7⁩ ⁨hours⁩ ago

  Uhhh, so much for the free market Republicans spent decades championing

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  • ronigami@lemmy.world ⁨6⁩ ⁨hours⁩ ago

    They’ll run it into the ground regardless.

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    • seaQueue@lemmy.world ⁨6⁩ ⁨hours⁩ ago

      Well, yeah, they always do. Republican admins always leave the economy in the shitter and saddle the nation up with debt so that the incoming Democratic admin has to spend all of their time bringing the economy back up to speed rather than implementing effective reform.

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• shalafi@lemmy.world ⁨2⁩ ⁨hours⁩ ago

  Didn’t the US do a similar thing to save our auto industry? Buying in? I’m hazy on the details, been a minute, but didn’t we cash out and profit?

  Not saying this is the end game here, but still?

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  • witten@lemmy.world ⁨1⁩ ⁨hour⁩ ago

    Not exactly:

    According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.

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• deathbird@mander.xyz ⁨1⁩ ⁨hour⁩ ago

  Cool, now do Duke Energy. And Exelon. And Entergy. Etc. (Not that I trust this admin ofc, but if you want collective ownership…)

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• panda_abyss@lemmy.ca ⁨4⁩ ⁨hours⁩ ago

  So uh, Intel doesn’t get anything, and gives up 10% of their stock because they’ve just decided to retroactively alter the CHIPs act?

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  • FreedomAdvocate@lemmy.net.au ⁨3⁩ ⁨hours⁩ ago

    No, not at all. The government bought shares in Intel. When you have shares in a company you own part of the company.

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    • JustAnotherPodunk@lemmy.world ⁨2⁩ ⁨hours⁩ ago

      Just to clarify and add to what you said, equity shares are not stocks. The gov gets dividends and such, but it isn’t stock that is bought and sold on wall street. It’s all about profitability and not about speculation. If the company makes money, so does the gov. If it loses money, the gov loses money.

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• MapleEngineer@lemmy.world ⁨3⁩ ⁨hours⁩ ago

  Fascism is a far-right, ultranationalist, and authoritarian political ideology that emerged in early 20th-century Europe, characterized by a totalitarian, one-party state, a charismatic leader, a fixation on national decline, and the suppression of individual rights and opposition groups. It combines elements of militarism, economic self-sufficiency, and mass mobilization, often through propaganda and violence, to achieve a vision of national purity and power.

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• MedicPigBabySaver@lemmy.world ⁨3⁩ ⁨hours⁩ ago

  Release the Trump/Epstein files

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• FauxLiving@lemmy.world ⁨5⁩ ⁨hours⁩ ago

  If tax payers are going to be investing into these businesses and they’re avoiding taxes taking a share of the company is better than nothing.

  I mean, it’s socialism, but don’t tell their voters

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  • deathbird@mander.xyz ⁨1⁩ ⁨hour⁩ ago

    🤫

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• natecox@programming.dev ⁨7⁩ ⁨hours⁩ ago

  And so the current Intel chipset I have will be the last I ever own.

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  • TheRealKuni@piefed.social ⁨5⁩ ⁨hours⁩ ago

    I feel like that should’ve already been a given when the 13th and 14th gen Core processors permanently kneecap themselves if they feel like it. But that’s just me.

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  • Hobbes_Dent@lemmy.world ⁨5⁩ ⁨hours⁩ ago

    Me too.

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• motor_spirit@lemmy.world ⁨7⁩ ⁨hours⁩ ago

  small penis government 😤

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• SnotFlickerman@lemmy.blahaj.zone ⁨7⁩ ⁨hours⁩ ago

  AyyyyyyyyMD

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• cupcakezealot@piefed.blahaj.zone ⁨2⁩ ⁨hours⁩ ago

  us taking a stake in a failing company sums up america

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  • blindbunny@lemmy.ml ⁨2⁩ ⁨hours⁩ ago

    Remember we bailed out Harley Davidson. Twice.

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• BromSwolligans@lemmy.world ⁨4⁩ ⁨hours⁩ ago

  Wasn’t government cross-pollinating with industry a relevant component in 20th century definitions of fascism?

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• balder1991@lemmy.world ⁨4⁩ ⁨hours⁩ ago

  Next healthcare?

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• Grimy@lemmy.world ⁨6⁩ ⁨hours⁩ ago

  I personally don’t think any of these big companies should be privately owned. Rare win for the pedo admin. Maybe we can get 10% of the epstein files next.

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• TommySoda@lemmy.world ⁨5⁩ ⁨hours⁩ ago

  Imagine bribing politicians to get tax breaks as those same politicians start to take more of a cut than the other side would have taxed you. I’m starting to think everyone that is rich and powerful are also incredibly stupid.

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