A monopoly with lower profits threatens competitor. I mean, since you can write any law, just nationalize every wealthy company while you’re at it. What’s the worse the targeted company will do, sue?
During a democrat presidency, when the citizens complain about the ballooning debt and underfunded social programs like social security, I expect they will sell the stock. Not necessarily for those reasons but because Trump bought it and this was a convenient excuse.
I visited a South American country where the water utility was recently sold to a private corporation. The home I briefly visited had a large water barrel inside because the water now shut off for many hours of the day, including the hours I was visiting.
From my understanding, these funds were already approved by the Biden Administration via the Chips act and another. Our president managed to obtain 10% of the shares for this money that was already going to intel in exchange for removing a clawback provision stipulated by the Chip’s act.
Norway has an incredible sovereign wealth fund that funds many benefits for its citizens. Perhaps if the Intel dividends are used for social security benefits, there will be bipartisan cheering.
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