r/technology • u/Franco1875 • 3d ago

Politics The Trump administration’s big Intel investment comes from already awarded grants

https://techcrunch.com/2025/08/23/the-trump-administrations-big-intel-investment-comes-from-already-awarded-grants/
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u/Federal-Chest4191 3d ago

As long as money can be siphoned out of the state. They’re basically swapping stock in a failing corporation with government money, so shareholders can cash out.

The stock would have cratered without this ‘deal’.

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u/Longjumping-Panic401 3d ago

You’re hallucinating. Trump is viewed as dangerous because he is outside of the traditional political spectrum. Intel represents an industry critical to the economy and to our security, and the US stepping up to the plate to assist them financially is simply the pragmatic thing to do. But if the taxpayer invests in a company, the taxpayer should get something out of it.

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u/ninjadude93 3d ago

Trumps not outside the spectrum he sits squarely in the authoritarianism-fascism portion.

Besides repubs are always saying how critical a free market is. This move is the opposite

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u/evilpenguin9000 2d ago

I mean, they love a free market until it costs them money. They didn't complain when Bush handed the banks loads of money during the housing crisisto stay in business.

It's only when working class people.camt afford rent where it's the markets fault and they should get a second job.