Trump tweet:

It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future. I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company. The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars. This is a great Deal for America and, also, a great Deal for INTEL. Building leading edge Semiconductors and Chips, which is what INTEL does, is fundamental to the future of our Nation. MAKE AMERICA GREAT AGAIN! Thank you for your attention to this matter.

  • 4grams@awful.systems
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    18 hours ago

    Fucking hilarious that this is party that starts seizing the means of production.

    It was never, ever even once about states rights. It was never about fighting communism. It’s all racism, always has been.

    • vacuumflower@lemmy.sdf.org
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      7 hours ago

      They are open enough about thinking some kind of late USSR, fixed against its deadlocks and broken feedback, would be the best system for them. I mean, having a one party system is very attractive, LOL.

      And yeah, that crowd is about seizing whatever they want to build their idea of a better nation, with re-industrializing and so on. There are pits on the road, though.

      And, honestly, never in history were many US politicians willing for the USSR to die as it did. They would, of course, ridicule the broken system and ideology, but the whole idea seemed more understandable than most European nations. And flattering.

      It was never, ever even once about states rights. It was never about fighting communism. It’s all racism, always has been.

      It’s honestly funny, so - in Eastern Europe, when comparing ourselves to the USA, it’s very easy to get sympathetic to these points. Also to color blindness and being against affirmative action, and such.

      Because information travels non-linearly. From here many people really think that the racism problem is solved in the US, and it’s just lazy Blacks not willing to work honestly, and that last point is racist, but if you say that American racists still think it’s wrong for a white person to marry a black person, those same people won’t believe you, it’s not part of their own kind of racism, or that American racists actually exist in huge enough numbers, they think it’s like calling others fascists here, something devalued by common usage. They’d be livid.

      So - what I’m thinking is that USSR’s dead hand was, in fact, not its nuclear shield, but its ideology and state architecture, and some people want to break their own bad, but functional system in favor of their imaginary picture of USSR. Which is just as detached from reality. USSR’s checks and balances had a downside of stalling development and conserving the balance of power, nothing big got actually done. It would seem that they might actually come to the same result with far less blood, jump to 1960s USSR without a passing through 1920s-1950s, but wasting a few decades on that with a pretty clear end result would seem a bad idea.

      That’s about political systems, arguing against my imagination on what they think. With re-industrialization I agree completely. In general, oursourcing labor is directly opposed to labor rights, and labor rights are what guarantees political rights.

    • socialsecurity@piefed.social
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      14 hours ago

      Us Treasury is providing capital… Hardly seizing anything.

      Maybe if intel was ran into the ground by idiots. They wouldn’t need to be bailed out by feds.