The People's Line

The People's Line

Trump's Intel stock-buy: is this socialism?

No, but that hasn't stopped Democrats from complaining about it!

Carl Beijer's avatar
Carl Beijer
Aug 24, 2025
∙ Paid

Former Obama Undersecretary of State Rick Stengel is freaking out over news that the Trump administration has taken a 10% equity stake in chip-manufacturer Intel:

Trump's strong-arming Intel for gov't equity is something Mao and Stalin would be proud of…Once, the GOP believed in laissez-faire capitalism and government not interfering in the private secto…

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