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WSHazel

(627 posts)
Fri Aug 15, 2025, 01:53 AM Aug 2025

Nationalization of U.S. economy continues with Intel

Trump’s government is taking over our economy, first with Nvidia and AMD, now with Intel. A Republican can never utter the words “free market” again.

https://finance.yahoo.com/news/intel-stock-surges-on-report-trump-administration-mulls-taking-stake-in-company-204003673.html

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Nationalization of U.S. economy continues with Intel (Original Post) WSHazel Aug 2025 OP
I am very confused about what is going on here jfz9580m Aug 2025 #1
Republicans don't actually want less regulation WSHazel Aug 2025 #3
He has no intention of ever leaving. Haggard Celine Aug 2025 #2
repubes are anti-freedom, in the same way they are anti-Christian BoRaGard Aug 2025 #4
They can say the words "free market" if they want DFW Aug 2025 #5

jfz9580m

(16,504 posts)
1. I am very confused about what is going on here
Fri Aug 15, 2025, 01:59 AM
Aug 2025

I get the part where nationalisation mostly results in fewer regulations. That tracks:

https://www.newsweek.com/donald-trump-elon-musk-spacex-executive-order-2113401

President Donald Trump signed an executive order on Wednesday that directed federal agencies to cut or speed up regulatory reviews for commercial rocket launches.

The order, which was designed to "eliminate outdated, redundant, or overly restrictive rules for launch and reentry vehicles," concerns the types of launches carried out by SpaceX, one of Musk's largest companies.

Newsweek reached out to SpaceX via email for comment.

The order also instructed Duffy to work with the Council on Environmental Quality to eliminate or expedite environmental reviews for launches, including reviews carried out under the National Environmental Policy Act.

SpaceX conducts several launches a month. These are normally a mix of private commercial flights and collaborations with NASA, which contracts Musk's company for regular flights to the ISS.

What People Are Saying
SpaceX restated its goals for reaching Mars in a March statement: "Expansion of Starship production and launch operations in Florida will enable SpaceX to significantly increase the build and flight rates for Starship, which will be the first rapidly and fully reusable launch vehicle in history.

"Access to space is a critical and growing need for U.S. national security, leadership in science, the country's exploration goals, and for the growth of the economy. Starship will ultimately be responsible for sending millions of tons of payload to Mars—building a self-sustaining city to make humanity multiplanetary."


That’s standard issue GOP deregulation though specifically benefiting Musk more than anyone else.
Was he the first person to drop the Epstein thing or something? I really haven’t been following all that, but I vaguely remember a spat between Musk and Trump from about a month back and Musk ominously saying something about dropping the Trump and Epstein bomb or some such thing.

Well they are friends again it looks like. Because the last thing I vaguely remember is Trump telling Musk to go gratify himself.
They seem to have put it behind them.

Can’t keep up..

It’s scary and dull at the same time. Which is confusing..

WSHazel

(627 posts)
3. Republicans don't actually want less regulation
Fri Aug 15, 2025, 03:12 AM
Aug 2025

Republicans just want regulation that favors themselves.

BoRaGard

(7,591 posts)
4. repubes are anti-freedom, in the same way they are anti-Christian
Fri Aug 15, 2025, 04:43 AM
Aug 2025

They brag about freedom and Christ, then they systematically trash them. Hypocrisy on an epic, evil scale.

DFW

(59,678 posts)
5. They can say the words "free market" if they want
Fri Aug 15, 2025, 07:26 AM
Aug 2025

They can also say, “Jack and the beanstalk” if they want. Just don’t count on them believing either.

They love to toss around the word “socialism” and apply it to us, as if WE were dangerous proponents of government control of means of production. This from the biggest group of control freaks to ever plague the North American continent! Look at their biggest role models of the 20th century: Stalin and Hitler. Stalin of the Union of Soviet Socialist Republics and Hitler, Führer of the National Socialist (Nazi for short) German Workers Party.

If those are their heroes (and their actions of the last seven months certainly suggest it), well, good for them, but if they are going to slowly dismantle the free market and put it under government (their) control, they had better look in the mirror before calling US socialists. We could even help them out with a prediction of how their action will turn out. France elected a slate of dedicated Socialists to run their country in 1981. Predictably, the economy tanked, and although the Party got one more chance—with similar results—it never regained the popularity it had before it actually had to govern, and put its theories to the test.

The USA, alas, has shown no such inclination to learn from past (2016) mistakes. Maybe there’s something in the drinking water? How many more times are we going to hear, “I was so wrong to vote for him” from tearful ex-residents on their way to El Salvador? From people with seriously ill family members who can get no medical care? From people who can no longer afford food or housing? From business owners who can’t find people to work on their farms or in their factories? From people who expect their rulers to respect their country’s Constitution? The answer to that one is “A LOT!” My willingness to listen is beginning to diminish, however. We, the Democrats, said we’d help, that we were on their side. The Republicans said they would NOT help, and these people voted for them anyway! THEY STILL WOULD. They vote against us because we are supposedly socialists (because Fox Noise said so), while their leaders really act like it.

I need to move on from trying to win over people whose favorite pastime is sitting in a corner somewhere and singing the chorus to “Poor Poor Pitiful Me.” I need to tell them, “yes, indeed you are,” and move on to having a dialogue with people willing to listen.

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