this post was submitted on 22 Aug 2025
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U.S. government takes 10% stake in Intel, as Trump expands control over private sector (www.cnbc.com)
submitted 13 hours ago by cantankerous_cashew@lemmy.world to c/technology@lemmy.world
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[–] MdRuckus@lemmy.world 95 points 10 hours ago (5 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.

[–] blattrules@lemmy.world 30 points 8 hours ago

It’s only socialism when democrats do it.

[–] seralth@lemmy.world 17 points 9 hours 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.

[–] Cethin@lemmy.zip 2 points 3 hours 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.

[–] iamdefinitelyoverthirteen@lemmy.world 2 points 6 hours ago

Yeah, but then poor people would use it.

[–] devdoggy@lemmy.world 4 points 6 hours ago

Or the rental market...

[–] captainlezbian@lemmy.world 3 points 6 hours ago

Because healthcare would help you

[–] Seleni@lemmy.world 3 points 7 hours ago

If you ask, they’ll tell you it’s different for ‘essential services’. It’s the same excuse they use for the farm handouts.