They really don't bother trying to hide it anymore. The federal government now owns a piece of Intel.
Trump administration announces the U.S. has taken a 10% stake in Intel
The U.S. officially took a 10% stake in beleaguered chipmaker Intel, Commerce Secretary Howard Lutnick said on Friday.
Lutnick announced the historic deal on X, writing, "BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies. This historic agreement strengthens U.S. leadership in semiconductors, which will both grow our economy and help secure America’s technological edge. Thanks to Intel CEO @LipBuTan1 for striking a deal that’s fair to Intel and fair to the American People."
With the government's help, they'll soon be losing even more money.
How'd that old song go again? You're the top! You're Mussolini!
Why The US Government Stake in Intel is Fascism, not Communism
With the government buying stocks in private companies, such as the US government’s newly-announced purchase of ten percent of technology giant Intel, it’s important to know why this is fascist and not communist.
There is a difference between the two.
With communism, government owns all of the capital outright. There is no private ownership of business or industry. Communism always collapses very quickly because there are no market prices.
...Communism is a tool to destroy…and then it’s replaced with something that has at least a hint of rationality to it.
Fascism is usually the go-to for “the powers that shouldn’t be” because there’s a hint of rationality that keeps it from dying quickly. With fascism, government and corporations are “separate,” but act as one. As opposed to communism, government isn’t the sole owner of capital.
Markets still exist … profits and losses exist … But the whole process is warped and retarded.
Corporations tied to government are kept in business when they should go bankrupt. Resources that should be freed to do more productive things, are instead kept in losing ventures.
With fascism, THE BIG decisions and investments are made, not for the consumers, but for the power of the government. The corporations are arms of the state...
Since fascism consists of markets for the benefit of state power, the markets ultimately become so warped and resources are so misallocated, that fascism collapses too.
John T. Flynn tried to warn everyone a long time ago, 1944 to be exact, in his excellent book As We Go Marching.
Through wartime planning and expansion of state power, a "wicked central plan" was born. They called it the "New Deal"... a virtual copy of the systems from Fascist Italy and Nazi Germany that they were supposed to be fighting against.
It's true. I hate it but it's true... Everything really is fake and gay. And usually worse than you think.
Fascism is what strangles the world today.
In America it’s as obvious as anything. We continually watch our standard of living bleed away. But it bleeds much slower than if it was communist. It has taken generations.
The United States is called “capitalist,” but it is fascist.
China is called “communist” but it is fascist.
Both are state + corporations operating with market prices; with profits and losses. Fascism ends very badly. It is known as a “vampire economy.” The economy bleeds to death slowly. We’ve gone very far from the original “land of the free.”
The great experiment in limiting government, otherwise known as the USA, has only proven you can't limit government at all.
A gang of wealthy criminals will never limit themselves.
See also:
