Nationalization of Private Industry under Trump

static111
static111 Posts: 5,118
edited August 23 in A Moving Train
Since the right has been screaming for years about the left being commies and socialists that were going to redistribute wealth etc, how does everyone feel about the Trump administration strong arming private industry into a shareholding position.  10% of Intel with more to follow no doubt.  Sounds anti capitalist and unAmerican to me.

Surely regulations on the businesses that would insure that the money related to that 10% "ownership" went to employees wages would be a much better and more American way to MAGA?
Scio me nihil scire

There are no kings inside the gates of eden

Comments

  • Tim Simmons
    Tim Simmons Posts: 9,779
    As long as it’s not opening grocery stores in areas that don’t have any. That doesn’t t help Americans like investing in 10% of Intel. 
  • static111
    static111 Posts: 5,118
    As long as it’s not opening grocery stores in areas that don’t have any. That doesn’t t help Americans like investing in 10% of Intel. 
    Investing? My understanding is the shares were strong armed cost free. 
    Scio me nihil scire

    There are no kings inside the gates of eden
  • Tim Simmons
    Tim Simmons Posts: 9,779
    edited August 23
    Even better! As long as people can’t get access to fresh food! 
    Post edited by Tim Simmons on
  • tbergs
    tbergs Posts: 10,437
    Shit just keeps getting crazier. Another 3rd party deal to ship deportees to Uganda now. This Intel bullshit. My god. If Trump does it, it's good for America, but Fox would be screaming communist/socialist if this was a democratic regime (monarchy) doing all this. People are too busy or uninterested to care unless it directly impacts them and none of this does, at least not right now. Swallow the blue pill and keep mindlessly keeping up with the Jones.
    It's a hopeless situation...