'This is SOCIALISM': Joe calls out irony in Trump admin's push for Intel stake

Government Intervention & Socialism Accusations - Conservative radio host Eric Ericson criticizes Commerce Secretary Howard Lutnik's suggestion for the US government to take an equity stake in Intel [1] - The proposal is labeled as "socialism" and "state capitalism" [1][2][4][5] - The US government potentially becoming Intel's largest shareholder is viewed as government seizing the means of production [2][3] - The administration is accused of embracing socialism, with the proposal seen as a bright line being crossed [1][4] Concerns Over National Security & Private Company Control - There is a lack of national security justification for the government's proposed equity stake [2] - The government seeking a 10% stake in a private company is considered federal government taking over a portion of a private company for their benefit [4][5]