Trump Is On A Bad Streak

[gatomontes99]

Let's start with this:

Trump to allow 600,000 Chinese students entry to US for college as trade talks with China press on

I am not a fan of letting Chinese students back given the Chinese are using these students to spy on our industry and steal our tech and other innovations. I am not even sure a good background check could prevent that. 

Then there is this, and probably the worst idea:

Trump Says Intel Will Give 10% Stake To U.S., Becoming Third-Largest Shareholder

The idea is that the government will get dividends from Intel for granting Intel money. I am diametrically opposed to this, both the grant and the dividends. If, what they are doing is lucrative there must be an investor that would take the risk. The government cannot and should not be picking winners and losers in the market. Further, this opens the door for socialism that is literally the government owning all businesses. This is a huge mistake.  

[Boges]

It's almost like making money is the primary goal of this administration and not making American's lives better. 

The Chinese student thing is a problem in Canada as well. Institutions charge wealthy international students a lot of money to study in the west and that subsidizes the locals. 

In Ontario the number of international students were cut and schools had to drastically cut programs and staff. 

It's quite the racket. 

Edited August 26, 2025 by Boges

[Nationalist]

1 hour ago, gatomontes99 said:

Let's start with this:

Trump to allow 600,000 Chinese students entry to US for college as trade talks with China press on

I am not a fan of letting Chinese students back given the Chinese are using these students to spy on our industry and steal our tech and other innovations. I am not even sure a good background check could prevent that. 

Then there is this, and probably the worst idea:

Trump Says Intel Will Give 10% Stake To U.S., Becoming Third-Largest Shareholder

The idea is that the government will get dividends from Intel for granting Intel money. I am diametrically opposed to this, both the grant and the dividends. If, what they are doing is lucrative there must be an investor that would take the risk. The government cannot and should not be picking winners and losers in the market. Further, this opens the door for socialism that is literally the government owning all businesses. This is a huge mistake.  

I agree with your logic.

Say...how much longer do you think it'll be before the USA doesn't need trade with China?

Because the two acts you just pointed out, are bargaining chips already played.

[paxamericana]

2 hours ago, gatomontes99 said:

these students to spy on our industry and steal our tech

It was funny when I was in the undergrad program near Lackland AFB. The graduate avionics lab was strictly off limits to foreigners and written in Chinese too lmao. 

Edited August 26, 2025 by paxamericana

[Deluge]

1 hour ago, gatomontes99 said:

Let's start with this:

Trump to allow 600,000 Chinese students entry to US for college as trade talks with China press on

I am not a fan of letting Chinese students back given the Chinese are using these students to spy on our industry and steal our tech and other innovations. I am not even sure a good background check could prevent that. 

Then there is this, and probably the worst idea:

Trump Says Intel Will Give 10% Stake To U.S., Becoming Third-Largest Shareholder

The idea is that the government will get dividends from Intel for granting Intel money. I am diametrically opposed to this, both the grant and the dividends. If, what they are doing is lucrative there must be an investor that would take the risk. The government cannot and should not be picking winners and losers in the market. Further, this opens the door for socialism that is literally the government owning all businesses. This is a huge mistake.  

The hope is that he would use all this "creative financing" to help erase the debt, but I doubt that's what he's doing. 

[paxamericana]

1 hour ago, gatomontes99 said:

government will get dividends from Intel

I don’t think we have a choice here. Intel is one of the major US chip manufacturers. Can’t allow TSMC the crown jewel of American power. So for now it’s propping up intel.

Edited August 26, 2025 by paxamericana

[LinkSoul60]

For Trump, it's only about the road to authoritarianism and the financial benefits that come with it....

 

U.S. investment in Intel a 'terrible decision bad for almost everyone' - Cato Institute

Founded in 1977 and based in Washington, D.C., the Cato Institute is a think tank specializing in public policy. Scott Lincicome, vice president of general economics at Cato’s Herbert A. Stiefel Center for Trade Policy Studies, outlined six reasons for his view.

"Overall, it's a horrendous move that will have real harms for U.S. companies, U.S. tech leadership, and the U.S. economy overall. Hopefully, they don't go through with it," he said on Friday on X (formerly Twitter).

According to Lincicome, the move would result in Intel's (NASDAQ:INTC) decisions being increasingly driven by politics, not commercial considerations, thus harming its long-term viability. State-owned enterprises "are notoriously slow, bloated, & unproductive," he said.

Intel's (INTC) competitors, meanwhile, would now have to compete against it and "Uncle Sam for customers, capital, etc."

"Bad for Intel’s customers who now must fear (and may face pressure to) they'll be pressured/forced to buy Intel’s products, regardless of their merit. (Intel is STILL struggling to make a top-end chip.) This is in turn bad for the U.S. tech sector overall," Lincicome said.

"Bad for U.S. companies that took (government) subsidies (CHIPs/IRA/etc): Are they next? Should they return the money? Will they preempt via political moves/lobbying? (Buyer beware, sure, but they didn’t sign up for this, and their investments may be distorted further)," he said.

"Bad for companies/industries plausibly linked to 'national security' – not only might Uncle Sam pressure them, but investors may think twice (about) them and instead look elsewhere for less-risky targets (here or abroad)," the policy researcher added.

Finally, the U.S. government's investment in Intel (INTC) bodes ill for U.S. exports. Now that the legacy chipmaker would be a state-owned enterprise, its sales could be deemed as "government subsidies" by foreign administrations and could be thus targeted with "countervailing duties."

"There are DOZENS of ways the U.S. (government) could support Intel - market and non-market support - that don't involve taking a massive shareholding stake in the flailing company. Subsidies, l/t contracts, visas, tariff relief, permitting relief, tax relief, etc etc. All better," Lincicome said.

[gatomontes99]

57 minutes ago, Deluge said:

The hope is that he would use all this "creative financing" to help erase the debt, but I doubt that's what he's doing. 

This is one where the bad outweighs the good imo.

[Boges]

1 hour ago, paxamericana said:

I don’t think we have a choice here. Intel is one of the major US chip manufacturers. Can’t allow TSMC the crown jewel of American power. So for now it’s propping up intel.

Communists!

[LinkSoul60]

Is Trump's continued path towards authoriatrianism part of this 'bad streak' or is that good?

[Nationalist]

Just now, LinkSoul60 said:

Is Trump's continued path towards authoriatrianism part of this 'bad streak' or is that good?

Depends on who you are i suppose...

[LinkSoul60]

1 minute ago, Nationalist said:

Depends on who you are i suppose...

I suppose so....  Must be the people who are admirers of China, Russia and Saudi Arabia rules.

[paxamericana]

10 minutes ago, Boges said:

Communists!

It’s the same situation when the US government had to bail out the Big three. Is what it is. And if my magic crystal ball is also correct, Boeing will soon go begging too.

Edited August 26, 2025 by paxamericana

[Nationalist]

2 minutes ago, LinkSoul60 said:

I suppose so....  Must be the people who are admirers of China, Russia and Saudi Arabia rules.

You dont admire these countries? I do for their intelligence and success. Do I like them? Meh...

Rather interesting...your choice of words. You do realize a sane and balanced person will admire his foe for certain traits...dont you?

Take you for instance. I dont know you whatsoever...but I do admire you're stubbornness and generally rational arguments. 

[LinkSoul60]

3 minutes ago, paxamericana said:

It’s the same situation when the US government had to bail out the Big three. Is what it is.

No, it's not the same situation.  The auto industry was helped during the great recession 2007/09 through the Troubled Asset Relief Program.  Intel just lost it's way through bad leadership decisions and investments, and competitors surpassing and taking leadership positions in the GPU industry.  Not even close to the same situations....

[paxamericana]

Just now, LinkSoul60 said:

 Not even close to the same situations....

Look Intel made some bad moves and failed to deliver. But they are too important to fail. America can not allow another country's chip manufacturer (TSMC) to win the AI chip race. Call it what you want. 

[LinkSoul60]

2 minutes ago, Nationalist said:

You dont admire these countries? I do for their intelligence and success. Do I like them? Meh...

Rather interesting...your choice of words. You do realize a sane and balanced person will admire his foe for certain traits...dont you?

Take you for instance. I dont know you whatsoever...but I do admire you're stubbornness and generally rational arguments. 

Do I admire those countries.... Russia no, but how China has positioned themselves globally and what SA has done with their sovereign wealth fund is admirable.  

Yes, I understand that you need to know your foe but we're talking about authoritarianism, which I am not an admirer of.  Are you?

[LinkSoul60]

5 minutes ago, paxamericana said:

Look Intel made some bad moves and failed to deliver. But they are too important to fail. America can not allow another country's chip manufacturer (TSMC) to win the AI chip race. Call it what you want. 

Ever heard of these little US based companies called Nvidia, AMD and Broadcom?  Technology advancements win chip races, not the US government investing in struggling businesses. 

[paxamericana]

Just now, LinkSoul60 said:

Ever heard of these little US based companies called Nvidia, AMD and Broadcom?  

Those are chip design firm not the actual fab. TSMC is the actual fab for those companies. 

Just now, LinkSoul60 said:

Technology advancements win chip races, not the US government investing in struggling businesses. 

Is what it is.

[robosmith]

26 minutes ago, Nationalist said:

Rather interesting...your choice of words. You do realize a sane and balanced person will admire his foe for certain traits...dont you?

You mean like Trump admires Hitler and Putin for their country's accomplishments despite the pure evil which motivated them?

You can't remove GROSSLY UNETHICAL motivations from the admiration equation. Duh 

[paxamericana]

34 minutes ago, robosmith said:

You can't remove GROSSLY UNETHICAL

Sure can. If it means more money and security for America why the hell not??? Competition exist, Utopia doesn't.

Edited August 26, 2025 by paxamericana

[Nationalist]

1 hour ago, LinkSoul60 said:

Do I admire those countries.... Russia no, but how China has positioned themselves globally and what SA has done with their sovereign wealth fund is admirable.  

Yes, I understand that you need to know your foe but we're talking about authoritarianism, which I am not an admirer of.  Are you?

No. Which is why I opposed the reaction to The Rona, the reaction to climate change, the TDI junk and so on.

I sense you find Trump a tad authoritarian...and you might be right. However...what Brandon did was not only rather authoritarian...but also illegal in many cases and just plain old stoopid. So...if it takes some ham-handedness to correct that...

It is what it is.

[robosmith]

30 minutes ago, paxamericana said:

Sure can. If it means more money and security for America why the hell not??? Competition exist, Utopia doesn't.

I should know better than to assume a MAGA CULT MEMBER would understand the value of ethical behavior. LMAO

Quote

A violation of ethics means a descent into a lower state of moral, professional, and personal standing, leading to severe consequences for individuals, organizations, and society. The phrase can be understood as a "fall from grace," where one loses the trust and respect of others due to their misconduct. 

Consequences of a descent into ethical violations

This moral and ethical descent can lead to a variety of interconnected negative outcomes: 

For individuals

• Legal trouble: Ethical breaches can result in lawsuits, criminal charges, fines, and imprisonment for severe violations like fraud or bribery.
• Damage to reputation: Misconduct can tarnish credibility and cause public disgrace, making it difficult to find new employment or professional opportunities.
• Loss of respect: Professionals, leaders, and public figures can lose the respect of their peers, clients, and constituents.
• Personal costs: Individuals may face emotional stress, lose their livelihood, and experience damage to their family life due to public scrutiny. 

For organizations

• Erosion of trust: Unethical behavior destroys the trust that companies have built with employees, customers, investors, and the public.
• Financial repercussions: Companies may suffer from reduced sales, stock price declines, and significant losses due to legal penalties and fines.
• Difficulty attracting talent: Organizations with poor ethical reputations struggle to attract and retain top-tier talent.
• Damaged internal culture: A culture that tolerates unethical behavior can lead to low employee morale, disengagement, and higher turnover rates. 

For society

• Systemic harm: Unethical practices can exacerbate societal issues like inequality and exploitation.
• Weakened institutions: Government corruption and misconduct by public officials can erode public trust in democratic processes and undermine effective governance.
• Lowered standards: A failure to enforce ethical standards can weaken the overall moral fabric of an industry or profession, leading to normalization of misconduct. 

 

[robosmith]

28 minutes ago, Nationalist said:

No. Which is why I opposed the reaction to The Rona, the reaction to climate change, the TDI junk and so on.

I sense you find Trump a tad authoritarian...and you might be right. However...what Brandon did was not only rather authoritarian...but also illegal in many cases and just plain old stoopid. So...if it takes some ham-handedness to correct that...

It is what it is.

What laws do you IMAGINE Biden violated?

There's a LONG LIST of laws that Trump has violated. That's why he had to get his right wing SCOTUS buddies to grant him (limited) immunity.

[paxamericana]

48 minutes ago, robosmith said:

I should know better than to assume a MAGA CULT MEMBER would understand the value of ethical behavior. LMAO

 

No, pretending we’re perfect is what lead to this revisionist bent of history. Yes America participated in slavery and yes we ethnically cleansed the indigenous population. The world did not have easy answers then and it won’t now. All we can do is strive to do better given the circumstances.