“ALL HAIL CHAIRMAN TRUMP! WITH HIS GLORIOUS 10% PURCHASE OF INTEL, THE SOCIALIST REPUBLIC OF AMERICA ENTERS A BOLD NEW ERA” -- California governor Newsom riles Republicans with Trump-trolling posts

[u/marketrent]

https://www.barrons.com/news/meme-lord-newsom-riles-republicans-with-trump-trolling-posts-05b74794

[u/Longjumping-Leg5583]

The US taking a 10% stake in Intel isn’t the first time the government has held equity in major companies—recall the bailouts during the financial crisis.

What’s different here is that previous nationalizations, like GM, were responses to collapse, while Intel’s stake is tied to industrial policy and tech competition.

The major concern now is the precedent of government equity in strategic industries even without imminent failure, raising questions about political influence, long-term market distortion, and future expectations for corporate-government relationships.

This blurs lines between private enterprise and state direction—making the government both a policymaker and a vested shareholder—and could erode market trust in fair competition.

[u/hamellr → u/Longjumping-Leg5583]

It is only a matter of time before some billionaire builds a company, figures out how to make it an essential government agency, and then figures out how to make the government pay all of its expenses while he takes all the profits.

Genius!