Comment by mancerayder
12 hours ago
The French government owns stakes in big corporations. And why not, why wouldn't the public own some stake and government (us, in theory) have some control?
Airbus being an example.
Is it because Trump did it? If Biden had done it, the comments from the right would sound like the sarcasm in this message thread.
Trump's temporary, he's not taking his stake home when his term expires.
If Biden had done it, SCOTUS would have struck it down as a violation of the Takings Clause or any made up theory.
The issue isn't the US taking a stake in Intel. The issue is Trump running a protection racket where he threatens to use the entire force of the federal government against a corporation or institution unless they pay some very large amount of money. This is the same tactic he's using with universities and law firms.