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General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Administration 10% Stake in Intel - Talk me through this
Apparently the United States Government, or if you prefer, the Trump Administration is taking a 10% stake in chip maker Intel. Thats about $11 billion in stock. Im not even clear on if we are buying it or what. What are the pluses and minuses of this? Trying to have a serious discussion.

Cloudhopper
(118 posts)Who or what department of the gov't will handle these investments? The Treasury? Exactly where do the profits go? Will there be a public notification of stock sales or Treasury deposits?
Okay... 3 questions.
TheBlackAdder
(29,646 posts)Foreign countries will start avoiding them for fear of some type of fascist value added enhancement.
Bernardo de La Paz
(57,672 posts)Bettie
(18,750 posts)or the guy who THINKS he is king of the world?
I'm betting there's a clause in there someplace that says he owns it when he leaves office.
Norrrm
(2,737 posts)Public utilities, government healthcare, public schools but I cant see how government chip makers makes any sense. Its a highly competitive and innovative industry. I think this is a case where regulated free market capitalism is the way to go.
doc03
(38,287 posts)went totally bonkers when the government bailed out the auto companies. They called GM (Government Motors).
TheBlackAdder
(29,646 posts)Blue Full Moon
(2,644 posts)Howard Hughes had to fight them to create PanAm
Swede
(37,108 posts)
Blue Full Moon
(2,644 posts)kentuck
(114,489 posts)...with all his oligarchs.
TheBlackAdder
(29,646 posts)Starting at the 4:46 mark.
Russia might have alternate means to these components.
kentuck
(114,489 posts)Krasnov strikes again!