Scarborough blasts Trump’s tech equity plan as GOP socialism in action
TL;DR
MSNBC’s Joe Scarborough slammed the Commerce Department’s CHIPS Act plan to take minority equity stakes in seven semiconductor firms, calling it socialism and accusing Republicans of government interference that picks winners and losers. He tied this to a previous Trump-era stake in Intel and argued such actions contradict GOP small‑government principles.
- Joe Scarborough: Trump’s tech takeover shows it’s GOP ‘practicing socialism,’ not Democrats MS NOW
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- Scott Bessent's Government-Led Stock Strategy: Investing Taxpayer Funds in Key Sectors to Counter China - Earnings Yield Analysis dars.gov.et
- The U.S. government invested $27 billion in corporate stakes. Good luck finding them Fortune
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