Trump admin. takes 10% stake in Intel: Ruhle on what this means for YOU

Government Intervention & Market Impact - The Trump administration proposed the US government taking a 10% equity stake in Intel, making US taxpayers the company's largest shareholder [1][2] - The president believes this deal would be beneficial for both America and Intel, viewing the US as a partner to the company [2] - This move is considered unusual, especially since the US is not currently in a financial crisis, unlike the 2008-2009 period [3] - The president has a history of intervening in private companies, such as pressuring the Fed, acquiring a golden share in US Steel, and announcing Coca-Cola's switch to real cane sugar [4] - The White House suggested that the government is expected to take more stakes in companies [5] - Such government intervention in private business contrasts with free market and capitalist principles [7] Intel's Performance - Intel has been struggling to compete with its rivals, with its stock down more than 50% over the last 5 years [3] Political & Ideological Implications - The president's actions contradict previous criticisms of Democrats as socialists or communists for government control of private industry [6] - The proposed deals are impacting private business, which is the opposite of free markets and capitalism [7]