whiterock said:
Porteroso said:
boognish_bear said:
This is how hou know even conservatives know Trump is full of B.S. They would be going apeshut if they actually believed what Trump said.
there you go again, making "shut" up.
One of the many pathologies of globalism is that it taught our corporations to think of themselves as citizens of the world, with no superseding obligations to their home country. A few decades down the road, and we were in a situation where our largest, wealthiest, and in many cases most national security sensitive companies were deeply in bed with the Chinese government (via parastatals) and directly balancing and/or triangulating in order to protect equities in an irritably intolerant China (at the expense of equities of a far more tolerant USA). It even got to the point where companies were actually suppressing pro-US and/or anti-China messaging in their ads, products, and workforce.
That's why we are seeing this step with Intel. USG representation on the board will stop the corporate slide into quiet Chinese vassal-ship. We don't have to take stakes in all the companies. Just a few. The rest will see the writing on the wall and take steps to avoid the same fate. In the meantime, the asset side of the US balance sheet just got bigger. Whenever the problem abates, the shares can be sold to reduce debt.
What it is not is a slide into socialism. If Trump were intent on government ownership stakes throughout the private sector, he would not be proposing to sell Fannie Mae & Freddie Mac.
Just read what you just said. The government could take a stake in companies throughout the private sector, and as long as Trump intends to sell Fannie Mae&Freddie Mac, it's not socialism. Whew, what a load.
First, I didn't say it's socialism, I said it is bad and a precursor to nationalizing private companies we deem necessary. Guess who else did that?
And second, if the government actually started strong arming companies throughout the private sector into giving it shares, I'd hesitate to call it socialism; it would be closer to communism, though on its own, not outright communism.
I wonder if you see the slide in politics, you have lubed the slide up, gotten 13 fire hoses plumbed in, and you're teetering at the top, strapped to a JetSki. You are just about to endorse the nationalization of companies, because the motherland requires it.