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It's like loading more men onto a sinking ship. Gee, I wonder how this one ends.
Im confused over the state of ideology within the republican party at this point. For years, government ownership and oversight has been demonized as the very thing that leads to inefficiencies and bad business practices. Now the same party has their figurehead looking to take partial government ownership of a business?

Can someone explain this ideological whiplash?

I don't understand how the finances work here. Is the proposal that the US govt buys 10% of available stocks at some price from Intel to give them cash to operate? Why doesn't Intel just get some investors to do that? If Intel is no longer competitive from an investor standpoint, then what's the point?

A quick ChatGPT search tells me Intel owns none of it's own stock, so I'm confused. It tells me a company can sell newly created stocks and dilute the value of the old stocks. I didn't know this was possible. Is this the proposed case?

Note that this makes USG the largest stockholder – BlackRock and Vanguard (as institutions, not funds) are about ~9%.
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We need to be doing much, much more of this so that the country has ownership of substantial percentages of the critical infrastructure, including AI. That seems to be one of the only ways that the citizens in general will be able to share in the fruits of the technology, similarly to how Alaskan citizens get payments from petroleum.
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Intel does not have to be eternal. There was a time before Intel.
I know everything is for sale, but how would Intel buying 10% of the US Government work? ;P
... To me its a great idea, transitionally, until the shares are ready to be given to workers and ex-workers, but i'll admit that was definitely _not_ on my bingo card. Hopefully this work great and we'll see the US nationalize more instead of just giving money for nothing.
So this is the official end of the “free market” then, with stamp and seal.

Welcome tho the People’s Republic of the Soviet States of America.