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U.S. government takes 10% stake in Intel, as Trump expands control over private sector (www.cnbc.com)
submitted 11 months ago by to c/technology@lemmy.world
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[–] 140 points 11 months ago (7 children)

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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  • [–] 25 points 11 months ago (2 children)

    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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  • [–] 7 points 11 months ago

    Well, no. In this case it's probably Intel is collapsing I assume, and they're the only CPU producer native to the US. It'd be a really bad thing strategically to let them fail, so they should be nationalized.

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  • [–] 8 points 11 months ago

    Our healthcare system in the US is Socialism, only the government funds the corporations with subsidies, not paying outright for the citizens. It's a man in the middle system where they stick a middle finger up your ass to get money from you three times. With taxes, with insurance, and with actual medical care.

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