Mainstream Economics Thread

[steve dave]

this is not the investing thread but if it was I'd just tell you to ride VOO and go enjoy your life. it'll figure it out.

[Stupid Fitz]

Commerce Secretary Howard Lutnick told CNBC that the U.S. government must receive an equity stake in Intel in exchange for CHIPS Act funds.

https://www.cnbc.com/2025/08/19/lutnick-intel-stock-chips-trump.html?link_source=ta_bluesky_link&taid=68a4c9de7ec8cc0001a14ca5&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=bluesky


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[wetwillie]

How has Lutnick not been shown the door by now?  Probably because Bessent has had to play IRS head on top of treasury. 

[star seed 7]

I literally read his name as "nutlick" every single time I see it (xpost inner monalogue thread)

[Rage Against the McKee]

Commerce Secretary Howard Lutnick told CNBC that the U.S. government must receive an equity stake in Intel in exchange for CHIPS Act funds.

https://www.cnbc.com/2025/08/19/lutnick-intel-stock-chips-trump.html?link_source=ta_bluesky_link&taid=68a4c9de7ec8cc0001a14ca5&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=bluesky


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Seizing the means of production.

[sonofdaxjones]

10% stake . . . SEIZING THE MEANS OF PRODUCTION!!   

Let's just go the #blueanon route and give them hundreds of millions or billions of dollars. Seemed to be the preferred with politically connected and very very failed "green" energy entities.

In other news - looks like the #blueanon msm usuals are starting up a mockingbird effort about overwrought investor enthusiasm (insert Alan Greenspan here) . . . how positively on time and on brand 

[Spracne]

I have read absolutely zero about this, but my first reaction (well, second, after thinking about it for more than a second) is that Intel might be one of the few instances where it could be workable without desecrating the spirit of Adam Smith, since Intel is already locked in a manufactured duopoly with AMD.

[wetwillie]

There is certainly no precedence of the federal govt taking ownership stakes in large corps.

[Spracne]

I'm not speaking towards the desirability of it. Only the feasibility.

[wetwillie]

Oh wait the govt owned the crap out of GM/Chrysler, AIG and an ass load of major banks.

[sonofdaxjones]

#BlogKaren - please let us know what your hyperventilating go to #blueanon media says about this thing with Intel.

I am sure they’re suddenly free market zealots - as #blueanon tends to temporarily skew when they’re not getting their way on everything


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[Spracne]

Like I said, I haven't checked out anyone else's takes. My sources are my own.

How is Revolver reacting? Nuclearly?