• assembly@lemmy.world
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      6 days ago

      Can you imagine the screams of, “COMMUNISM!!!” If Obama or Biden had done this. It’s all we would hear about for an entire election cycle. Fox “News” would play it nonstop.

  • MdRuckus @lemmy.world
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    6 days ago

    Seems like the government owning private industry might stray into the socialism thing thy hate. Why not do this with something more important like healthcare? Republicans are hypocrites.

    • seralth@lemmy.world
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      6 days ago

      Healthcare could help, that’s good socialism. Intel is profits and power and control for the sake of it. That’s bad socialism.

      That way when things fuck up they can point and go SEE SEE IT DOESNT WORK! WE TRIED IT AND IT MADE THINGS WORSE!!

      and if it somehow does manage to help or improve things they can now claim they did something smart and take all the credit.

    • unphazed@lemmy.world
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      6 days ago

      Our healthcare system in the US is Socialism, only the government funds the corporations with subsidies, not paying outright for the citizens. It’s a man in the middle system where they stick a middle finger up your ass to get money from you three times. With taxes, with insurance, and with actual medical care.

    • Seleni@lemmy.world
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      6 days ago

      If you ask, they’ll tell you it’s different for ‘essential services’. It’s the same excuse they use for the farm handouts.

  • kalkulat@lemmy.world
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    6 days ago

    Wow. Throw 16M people off health care, then invest the ‘savings’ in corporations. HEy, Intel, how do you like your blood money?

      • seaQueue@lemmy.world
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        6 days ago

        Well, yeah, they always do. Republican admins always leave the economy in the shitter and saddle the nation up with debt so that the incoming Democratic admin has to spend all of their time bringing the economy back up to speed rather than implementing effective reform.

        • ronigami@lemmy.world
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          6 days ago

          They aren’t interested in effective reform either. Biden had chances to tax billionaires, or to imprison Trump. But yes they are better at handling the economy.

        • Formfiller@lemmy.world
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          6 days ago

          And then Fox runs nonstop debt fear mongering and blaming democrats for the fiscal irresponsibly of the republicans

  • Buffalox@lemmy.world
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    6 days ago

    Yes but contrary to China, USA doesn’t use government subsidies to promote their own industries, or state owned companies to spy on the rest of the world. 🤪
    /S

    I hope Intel survives because a Chinese (mainland+Taiwan) monopoly will not be good, but I am so sick of American disinformation regarding China. Always blaming China for things USA has been guilty of for decades before China.

    • XenGi@feddit.org
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      6 days ago

      Are you sure about that? US hardware is spying on the rest of the world for decades. Cisco is in no way better then huawei.

      • Buffalox@lemmy.world
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        6 days ago

        Can you not see the crazy smiley? Clearly indicating the statement is crazy. It was sarcasm, but OK I’ll add the /S.

        Also the part that USA did it for decades before China should clearly indicate the part above was sarcasm???

        • absentbird@lemmy.world
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          6 days ago

          Reading comprehension is a skill. It seems like some people just glance at the words and make up what they expect to see. I have no idea how your comment could have been interpreted the way they did without a total disregard for the substance. Maybe they were reading it through an auto translation? Still, seems like the emoji is pretty obvious.

  • Maple Engineer@lemmy.world
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    6 days ago

    Fascism is a far-right, ultranationalist, and authoritarian political ideology that emerged in early 20th-century Europe, characterized by a totalitarian, one-party state, a charismatic leader, a fixation on national decline, and the suppression of individual rights and opposition groups. It combines elements of militarism, economic self-sufficiency, and mass mobilization, often through propaganda and violence, to achieve a vision of national purity and power.

    • kameecoding@lemmy.world
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      This is why I don’t like trump being called a nazi, a nazi was a nickname for the german fascist based on the name of the political party NSDAP, specifically the N part, National with the ti part being pronounced the same as the zi part in nazi.

      Trump is an american fascist. When you call him a nazi it paints the picture of the ultra villified almost over the top hollywood nazi and it muddies the water and lets other fascist media pundits dismiss it over exaggeration.

      Now after being pedantic I prefer these lists tlto check if you live in a fascist state

      https://www.keene.edu/academics/cchgs/resources/presentation-materials/characteristics-and-appeal-of-fascism/download/

      https://osbcontent.s3-eu-west-1.amazonaws.com/PC-00466.pdf

      Spoiler alert: the US is under control of a fascist government.

        • kameecoding@lemmy.world
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          6 days ago

          No, as I explained it was a nickname like Krauts were the German soldiers.

          But I guess colloquially it became interchangeable with the use of fascism.

          Much like kleenex became a word to mean box of tissues even though it’s just a brand of it.

          So fascism = box of tissues, nazi = kleenex.

          Either way, like I said, it’s just being pedantic, fascist cunts are fascists cunts doesn’t matter if they are Nazis, Magas or Soviets.

          • Knock_Knock_Lemmy_In@lemmy.world
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            6 days ago

            There were fascists in Europe until the 1970s.

            The MAGA movement is fascist but it also has strong overtones of Nazi (blaming immigrants, camps, detention without due peocess).

            Yes, there is nationalism without any socialism, but saying they shouldn’t be called Nazis is diminishing the evil that is currently being done.

            • kameecoding@lemmy.world
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              There are literally fascists in Europe right now lol, it didn’t just go away, Macron almost to the fascist party and the AFD is the new fascist german party with huge support. Orbán fulfills at least half the the fascist checkbox if not more.

              I am not sure if you have opened my links, but you probably should,

              blaming immigrants, camps, detention without due peocess

              You would see that these are explicitly mentioned as telltale sign of Fascism.

              If you want here is an excellent video explaining fascism, specifically white fascism https://youtu.be/5Luu1Beb8ng

              Yes, there is nationalism without any socialism, but saying they shouldn’t be called Nazis is diminishing the evil that is currently being done.

              I have really not sure what you are getting at, they are nazis because National is pronounced as Nazional in german and that got shortened to nazi, they aren’t called nazis because it starts with Na and there is a zi in Sozialistiche.

              Here it is how it’s pronounced if you are interested https://youtu.be/VxxFl5Xc8nc

              And the socialism has literally nothing to do with it, NSDAP was socialist the same way north korea is democratic, you know it’s called Democratic People’s Republic of Korea

              saying they shouldn’t be called Nazis is diminishing the evil that is currently being done.

              Again, this implies that Nazi is like a stronger word for fascists, it’s not, it’s not like some is a fascist and then they do more bad and become a nazi. The political ideology is called fascism because it originates from Italy, from Mussolinis party.

              All nazis are fascists. neo-nazis drew on the nazi movement and borrowed their imagery etc, but they never committed anything close to what the actual nazis did.

              MAGAs are fascists who pretty much check all the checkboxes on the fascist list that as I said I have linked above.

  • panda_abyss@lemmy.ca
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    6 days ago

    So uh, Intel doesn’t get anything, and gives up 10% of their stock because they’ve just decided to retroactively alter the CHIPs act?

  • SocialMediaRefugee@lemmy.world
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    5 days ago

    While I don’t trust this administration in the slightest this isn’t unprecidented:

    • In 2009 he U.S. government took an initial 9.85% ownership stake in Chrysler as part of the company’s bankruptcy restructuring. The government later sold its stake to the Italian automaker Fiat in 2011, exiting its investment completely.

    • As part of the auto industry bailout in 2008 and 2009, the government received a 60.8% equity stake in GM. The government sold its final shares in 2013.

    • American International Group (AIG): In its bailout, the U.S. government provided roughly $182 billion in aid and at one point held an almost 80% stake in the insurer. The government sold its last shares in 2012, ultimately making a profit.

  • FauxLiving@lemmy.world
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    6 days ago

    If tax payers are going to be investing into these businesses and they’re avoiding taxes taking a share of the company is better than nothing.

    I mean, it’s socialism, but don’t tell their voters

  • shalafi@lemmy.world
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    6 days ago

    Didn’t the US do a similar thing to save our auto industry? Buying in? I’m hazy on the details, been a minute, but didn’t we cash out and profit?

    Not saying this is the end game here, but still?

    • kameecoding@lemmy.world
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      AFAIK the US government also made money off of the 2008 bailouts, at least I am sure they had to pay it back, but for some reason I think it lives in people’s minds as it was like a one time gift of money to those banks and they didn’t have to pay it back or anything.

    • witten@lemmy.world
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      6 days ago

      Not exactly:

      According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.

  • BromSwolligans@lemmy.world
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    6 days ago

    Wasn’t government cross-pollinating with industry a relevant component in 20th century definitions of fascism?