Everyone calling this socialism is a moron
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government owning the means of production?
🤔
Not socialism.
There's a different word for that, unless you think the American government represents the working class.
Boycot Intel? Okay, you got it!
Reminds me of the Dictator/Couper Park Chung Hee in South Korea. At the time government subsidies propped up South Koreas economy. But Park was directly commanding military before, in difference to Trump.
Better for intel than not receiving $8B at all. It can avoid spending it on Ohio plant without upsetting politicians if no one wants to use Ohio made chips. But its not as though telecom companies ever faced real consequences for pocketing "rural broadband subsidies".
The best part about this, is political campaigns surrounded on confiscatory nationalization of climate terrorists and zionazi first political party influence is normalized.
Wow. Throw 16M people off health care, then invest the 'savings' in corporations. HEy, Intel, how do you like your blood money?
Historical evidence would seem to suggest that Intel very much do like their blood money I would imagine they would like some more please.
Heck, as long as they keep being good competition for AMD so they don't become complacent, they can get the souls of the damned as payment for all I care.
I don't think the souls of the damned are up for grabs, since, you know, they're damned and all.
They are worth more
Yes but contrary to China, USA doesn't use government subsidies to promote their own industries, or state owned companies to spy on the rest of the world. 🤪
/S
I hope Intel survives because a Chinese (mainland+Taiwan) monopoly will not be good, but I am so sick of American disinformation regarding China. Always blaming China for things USA has been guilty of for decades before China.
Well, now that they're doing it like China is, the rest of the world should use tariffs to mitigate this, like we do with Chinese EVs for an example (since those are so heavily subsidized to root out competition not just in China, but worldwide)
Are you sure about that? US hardware is spying on the rest of the world for decades. Cisco is in no way better then huawei.
Can you not see the crazy smiley? Clearly indicating the statement is crazy. It was sarcasm, but OK I'll add the /S.
Also the part that USA did it for decades before China should clearly indicate the part above was sarcasm???
Reading comprehension is a skill. It seems like some people just glance at the words and make up what they expect to see. I have no idea how your comment could have been interpreted the way they did without a total disregard for the substance. Maybe they were reading it through an auto translation? Still, seems like the emoji is pretty obvious.
I hope Intel survives
Are you sure about that? US hardware is spying on the rest of the world for decades. Cisco is in no way better then huawei.
That might be how you are supposed to read that response
OK that could have been stated more clearly, but why should I be against Intel, because USA has used Cisco for spying?
That's exactly the kind of stupid accusations without evidence I'm tired of USA making against China. Obviously the same standard goes the other way too.
And if Intel goes away, USA can still do it through AMD. 😋
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.
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.
We’ve always had communism for the rich and cutthroat capitalism for the working class
It’s only socialism when democrats do it.
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.
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.
Fascism is a far-right, ultranationalist, and authoritarian political ideology that emerged in early 20th-century Europe, characterized by a totalitarian, one-party state, a charismatic leader, a fixation on national decline, and the suppression of individual rights and opposition groups. It combines elements of militarism, economic self-sufficiency, and mass mobilization, often through propaganda and violence, to achieve a vision of national purity and power.
This is why I don't like trump being called a nazi, a nazi was a nickname for the german fascist based on the name of the political party NSDAP, specifically the N part, National with the ti part being pronounced the same as the zi part in nazi.
Trump is an american fascist. When you call him a nazi it paints the picture of the ultra villified almost over the top hollywood nazi and it muddies the water and lets other fascist media pundits dismiss it over exaggeration.
Now after being pedantic I prefer these lists tlto check if you live in a fascist state
https://osbcontent.s3-eu-west-1.amazonaws.com/PC-00466.pdf
Spoiler alert: the US is under control of a fascist government.
Nazis are a particularly evil type of fascist. It is the entire point of the label.
No, as I explained it was a nickname like Krauts were the German soldiers.
But I guess colloquially it became interchangeable with the use of fascism.
Much like kleenex became a word to mean box of tissues even though it's just a brand of it.
So fascism = box of tissues, nazi = kleenex.
Either way, like I said, it's just being pedantic, fascist cunts are fascists cunts doesn't matter if they are Nazis, Magas or Soviets.
There were fascists in Europe until the 1970s.
The MAGA movement is fascist but it also has strong overtones of Nazi (blaming immigrants, camps, detention without due peocess).
Yes, there is nationalism without any socialism, but saying they shouldn't be called Nazis is diminishing the evil that is currently being done.
Funny, when Europe does this, it’s called “socialism”.
Can you imagine the screams of, “COMMUNISM!!!!” If Obama or Biden had done this. It’s all we would hear about for an entire election cycle. Fox “News” would play it nonstop.
Yes, but it's not socialism we're seeing. It's fascism. Fascism also has state control of private industry. For a different purpose.
Uhhh, so much for the free market Republicans spent decades championing
The market would be freer if it wasn’t dominated by a couple capitalist megacorpos. So nationalisation doesn’t mean less freedom, although neolib propaganda would love you to think so.
beat me to it
So uh, Intel doesn’t get anything, and gives up 10% of their stock because they’ve just decided to retroactively alter the CHIPs act?
No, not at all. The government bought shares in Intel. When you have shares in a company you own part of the company.
Release the Trump/Epstein files
Didn't the US do a similar thing to save our auto industry? Buying in? I'm hazy on the details, been a minute, but didn't we cash out and profit?
Not saying this is the end game here, but still?
According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.
If tax payers are going to be investing into these businesses and they're avoiding taxes taking a share of the company is better than nothing.
I mean, it's socialism, but don't tell their voters
And so the current Intel chipset I have will be the last I ever own.
I feel like that should’ve already been a given when the 13th and 14th gen Core processors permanently kneecap themselves if they feel like it. But that’s just me.