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applegrove

(129,076 posts)
Sat Aug 23, 2025, 12:29 AM Aug 23

Newsom trolls again:

Last edited Sat Aug 23, 2025, 02:48 PM - Edit history (1)

George Conway 🇺🇸🚫👑🐸 (@gtconway.bsky.social) 2025-08-23T02:07:40.384Z


Corporate America’s Newest Activist Investor Is Trump

August 23, 2025 at 6:39 am EDT By Taegan Goddard 29 Comments

https://politicalwire.com/2025/08/23/corporate-americas-newest-activist-investor-is-trump/


“Corporate America has built up defenses against the likes of Carl Icahn, Nelson Peltz and other corporate raiders who have rattled the cages of chief executives, pushing for higher stock prices. Now companies have a new investor to worry about: the president of the United States,” the New York Times reports.

“President Trump has inserted the government into U.S. companies in extraordinary ways, including taking a stake in U.S. Steel and pushing for a cut of Nvidia’s and Advanced Micro Devices’ revenue from China. Last month, the Pentagon said it was taking a 15 percent stake in MP Materials, a large American miner of rare earths.”

“And on Friday, Intel agreed to allow the U.S. government to take a 10 percent stake in its business, worth $8.9 billion.”
25 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Newsom trolls again: (Original Post) applegrove Aug 23 OP
Yep, it sounds Communist to me....nt Figarosmom Aug 23 #1
Heather Cox Richardson tonight said Trump has plans for a like stake applegrove Aug 23 #2
Makes me wonder who " the government" Figarosmom Aug 23 #3
Here is HCR: applegrove Aug 23 #4
Being that the US doesn't control that money, Trump does personally... CousinIT Aug 23 #8
In contact? COL Mustard Aug 23 #9
Extortion works BidenRocks Aug 23 #5
after all, SCOTUS gave him immunity IzzaNuDay Aug 23 #6
The US likely doesn't own or control any stake in any company which OA (Orange Anus) extorts. CousinIT Aug 23 #7
This is the way PhylliPretzel Aug 23 #21
Didn't the government own part of GM during the bailouts? LiberalArkie Aug 23 #10
Yes but that was an economic emergency. They got rid applegrove Aug 23 #11
I knew that.. That is probably what our glorious leader will use as precedent. However instead of selling the LiberalArkie Aug 23 #16
I'm not real crazy about this Newsome troll. ReRe Aug 23 #12
The problem is too many other Americans also think United States government is a business Walleye Aug 23 #13
Exactly. The govt provides services, not products. Irish_Dem Aug 23 #15
Newsom is going for dark dark dark. Irish_Dem Aug 23 #14
We need to hit back with strength. Newsom's trolling does applegrove Aug 23 #17
Oh, you've got me all wrong applegrove ReRe Aug 23 #19
It is not "dark" except in view of how dark the Trump intrusion into business actually is. Martin68 Aug 23 #23
That's it! ReRe Aug 24 #25
GOP so grabby greedy grifty BoRaGard Aug 23 #18
Wow, just.. excellent! ananda Aug 23 #20
Undermines the Republican agenda and gives the lie to "free" enterprise. I have a feeling some Heritage capitalists and Martin68 Aug 23 #22
Trump's centralized economy is the stuff of communism, that thing conservative voters warned us against, right? Johonny Aug 23 #24

Figarosmom

(9,080 posts)
3. Makes me wonder who " the government"
Sat Aug 23, 2025, 01:32 AM
Aug 23

Is that has a stake. Is it the US treasury or trump? And is this a seal like the plane where trump keeps it after his term?

applegrove

(129,076 posts)
4. Here is HCR:
Sat Aug 23, 2025, 01:33 AM
Aug 23
Those who supported Trump from a belief that he would protect American business from state interference received yet another example of Snyder’s point today when Trump boasted that the government has taken a 10% stake in Intel, which builds semiconductors and chips. Trump says he intends to take similar stakes in other companies.


Applegrove:

Maybe Trump is going to build a sovergn wealth fund, that won't be used for anything like social security or Healthcare that have to do with the regular congressional budget, but will grow into the billions and then Trump can to dole it out to his cronies and build up ICE and prisons and and other crony authoritarian things. I wonder too about where the tariff money will go?

CousinIT

(11,984 posts)
8. Being that the US doesn't control that money, Trump does personally...
Sat Aug 23, 2025, 02:30 AM
Aug 23

....he will dole it out to his billionaire friends or use it to buy more power, real estate, influence, or people - for himself. Not Americans or for the US. Nobody will get anything out of it but Trump and the billionaires.

BidenRocks

(2,474 posts)
5. Extortion works
Sat Aug 23, 2025, 01:34 AM
Aug 23

When you're president they let you do it!

Without pushback, this will continue.

CousinIT

(11,984 posts)
7. The US likely doesn't own or control any stake in any company which OA (Orange Anus) extorts.
Sat Aug 23, 2025, 02:25 AM
Aug 23

But HE does. He's abusing his power as POTUS to extort CEOs of major companies to force them to give him a stake in them.

PhylliPretzel

(202 posts)
21. This is the way
Sat Aug 23, 2025, 10:18 PM
Aug 23

dictators in third world countries become wealthy while the people remain peons.

applegrove

(129,076 posts)
11. Yes but that was an economic emergency. They got rid
Sat Aug 23, 2025, 03:42 AM
Aug 23

of GM stock when it was viable for GM to be on its own again.

LiberalArkie

(19,078 posts)
16. I knew that.. That is probably what our glorious leader will use as precedent. However instead of selling the
Sat Aug 23, 2025, 08:41 AM
Aug 23

Intel stock when Intel is in good shape, I believe he will sell when Intel is in bad shape to put it into bankruptcy. Something he knows like the back of his tiny hand.

ReRe

(12,151 posts)
12. I'm not real crazy about this Newsome troll.
Sat Aug 23, 2025, 03:49 AM
Aug 23

It's just a bit dark. Probably truthful, but dark. When I first read it, I thought his ending words should have been
"Business-Run Government." djt thinks America is his business, and he's running it cut-throat just like any other Corporation. He thinks he owns us. When we were kids, we played "House". In his childish mind, he is playing "Business". djt is completely and totally insane, to the detriment of our total population. We are his 7th bankruptcy.

Walleye

(43,028 posts)
13. The problem is too many other Americans also think United States government is a business
Sat Aug 23, 2025, 06:17 AM
Aug 23

They think we should be making money I guess. We don’t manufacture anything. We are not a business.

Irish_Dem

(77,145 posts)
15. Exactly. The govt provides services, not products.
Sat Aug 23, 2025, 07:36 AM
Aug 23

It makes money by mandating taxes.

Of course Trump is extorting money from everyone for personal gain.
Doubtful the American people will see a penny or any benefit.

Irish_Dem

(77,145 posts)
14. Newsom is going for dark dark dark.
Sat Aug 23, 2025, 06:41 AM
Aug 23

Because the Trump/Putin Crime syndicate is a dark evil entity.

applegrove

(129,076 posts)
17. We need to hit back with strength. Newsom's trolling does
Sat Aug 23, 2025, 01:54 PM
Aug 23

that. People need to follow someone strong. Newsom is doing a fantastic job of nick-ing Trump and his brand.

ReRe

(12,151 posts)
19. Oh, you've got me all wrong applegrove
Sat Aug 23, 2025, 06:06 PM
Aug 23
I'm totally with Newsome. It's just that one particular ad that sent me south. Sorry I went knee-jerk into my 19th nervous breakdown and sound all negative.

Martin68

(26,582 posts)
23. It is not "dark" except in view of how dark the Trump intrusion into business actually is.
Sat Aug 23, 2025, 10:21 PM
Aug 23

ReRe

(12,151 posts)
25. That's it!
Sun Aug 24, 2025, 01:53 PM
Aug 24

The darkness! I think djt would love this one. He has such a crush on Puti, wants to emulate him and take advice from him on
elections. It's a picture of himself (djt), who he loves more than anyone. This is the reason I have an aversion for this one: djt probably likes it! Gross.

All the others? I love them, especially the Hero ones.

Martin68

(26,582 posts)
22. Undermines the Republican agenda and gives the lie to "free" enterprise. I have a feeling some Heritage capitalists and
Sat Aug 23, 2025, 10:20 PM
Aug 23

wother money-loving conservatives are going to have a few second thoughts. Unless they appreciate the investment...

Johonny

(24,958 posts)
24. Trump's centralized economy is the stuff of communism, that thing conservative voters warned us against, right?
Sat Aug 23, 2025, 10:48 PM
Aug 23

Fucking Trump voters are so fucking stupid. Sad really.

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