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Posted
On 11/3/2025 at 8:03 PM, nedboy7 said:

 

 

Trump wants to build nuclear power plants.

He has chosen Westinghouse to build them.

He will pay Westinghouse $80 billion for the projects.

In return he has compelled Westinghouse to pay him the government 20 percent of any “cash distributions.”

Between now and the end of January 2029, the government can compel Westinghouse to go public via an IPO, at which point the government will be awarded 20 percent ownership of the company, likely making it the single largest shareholder.

This is literally seizing the means of production. But to, you know, make America great again. Or something.

I don't think seizing means what you think it means.

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Posted
41 minutes ago, Tenhigh said:

I don't think seizing means what you think it means.

 

I dont think you understand what socialism means.  its not my quote but it is stated perfectly.  MAGA loves to use big words they have no clue about.  

 

Other of Trump’s national socialist policies include:

• Refusing to enforce the 2024 law requiring the sale of TikTok until he was able to compel that the business be sold at an extortionately discounted price to his political allies.

• Creating a Golden Share of U.S. Steel for his government.

• Requiring Nvidia and AMD to pay the government 15 percent of all revenues from chip sales to China.

• Acquiring a 10 percent ownership stake in chipmaker Intel.

• Acquiring a 15 percent stake in rare earth producers MP Materials, a 10 percent stake in Lithium Americas Corp., and a 10 percent stake in Trilogy Metals Inc.

• Creating a “Strategic Bitcoin Reserve and Digital Asset Stockpile.”

• Taking steps to create a sovereign wealth fund to be used as a vehicle for government investment.

• He has demanded that Microsoft fire an executive he does not like and demanded that private law firms commit to doing pro bono work on behalf of clients he chooses for them.

This is not quite the economic regime of China or Saudi Arabia. But it’s in the same zip code. And it’s heading in their general direction and away from the regulated American free market economy as it had existed until ten months ago.

So why is it so hard for people to just say, out loud, what is obvious: Donald Trump is a socialist who is trying to make the American economy function more like Communist China?

 

 

 

 

On 11/7/2025 at 10:08 AM, B-Man said:

 

 

 

 

 

 

 

 

The week before President Donald Trump unveiled bruising new tariffs that sent the stock market plummeting, a key official in the agency that shapes his administration’s trade policy sold off as much as $30,000 of stock.

Two days before that so-called “Liberation Day” announcement on April 2, a State Department official sold as much as $50,000 in stock, then bought a similar investment as prices fell.

And just before Trump made another significant tariff announcement, a White House lawyer sold shares in nine companies, records show.

More than a dozen high-ranking executive branch officials and congressional aides have made well-timed trades since Trump took office in January, most of them selling stock before the market plunged amid fears that Trump’s tariffs would set off a global trade war, according to a ProPublica review of disclosures across the government.

All of the trades came shortly before a significant government announcement or development that could influence stock prices. Some who sold individual stocks or broader market funds used their earnings to buy investments that are generally less risky, such as bonds or treasuries. Others appear to have kept their money in cash. In one case unrelated to tariffs, records show that a congressional aide bought stock in two mining companies shortly before a key Senate committee approved a bill written by his boss that would help the firms.

 

https://www.propublica.org/article/us-officials-stock-sales-trump-tariffs

Posted
9 minutes ago, nedboy7 said:

 

I dont think you understand what socialism means.  its not my quote but it is stated perfectly.  MAGA loves to use big words they have no clue about.  

 

Other of Trump’s national socialist policies include:

• Refusing to enforce the 2024 law requiring the sale of TikTok until he was able to compel that the business be sold at an extortionately discounted price to his political allies.

• Creating a Golden Share of U.S. Steel for his government.

• Requiring Nvidia and AMD to pay the government 15 percent of all revenues from chip sales to China.

• Acquiring a 10 percent ownership stake in chipmaker Intel.

• Acquiring a 15 percent stake in rare earth producers MP Materials, a 10 percent stake in Lithium Americas Corp., and a 10 percent stake in Trilogy Metals Inc.

• Creating a “Strategic Bitcoin Reserve and Digital Asset Stockpile.”

• Taking steps to create a sovereign wealth fund to be used as a vehicle for government investment.

• He has demanded that Microsoft fire an executive he does not like and demanded that private law firms commit to doing pro bono work on behalf of clients he chooses for them.

This is not quite the economic regime of China or Saudi Arabia. But it’s in the same zip code. And it’s heading in their general direction and away from the regulated American free market economy as it had existed until ten months ago.

So why is it so hard for people to just say, out loud, what is obvious: Donald Trump is a socialist who is trying to make the American economy function more like Communist China?

 

 

 

 

 

 

The week before President Donald Trump unveiled bruising new tariffs that sent the stock market plummeting, a key official in the agency that shapes his administration’s trade policy sold off as much as $30,000 of stock.

Two days before that so-called “Liberation Day” announcement on April 2, a State Department official sold as much as $50,000 in stock, then bought a similar investment as prices fell.

And just before Trump made another significant tariff announcement, a White House lawyer sold shares in nine companies, records show.

More than a dozen high-ranking executive branch officials and congressional aides have made well-timed trades since Trump took office in January, most of them selling stock before the market plunged amid fears that Trump’s tariffs would set off a global trade war, according to a ProPublica review of disclosures across the government.

All of the trades came shortly before a significant government announcement or development that could influence stock prices. Some who sold individual stocks or broader market funds used their earnings to buy investments that are generally less risky, such as bonds or treasuries. Others appear to have kept their money in cash. In one case unrelated to tariffs, records show that a congressional aide bought stock in two mining companies shortly before a key Senate committee approved a bill written by his boss that would help the firms.

 

https://www.propublica.org/article/us-officials-stock-sales-trump-tariffs

What part of this post did you write yourself, Neddy?

Posted (edited)
5 minutes ago, nedboy7 said:


Wow.  I guess you didn’t read it. 

No. What did YOU write vs copy paste.

Any of it?

Edited by Tenhigh
Posted
2 minutes ago, Tenhigh said:

No. What did YOU write vs copy paste.

Any of it?


If you didn’t read it we don’t need to engage. Take care.  Stay clueless. 

Posted

If you want to discuss the definition of seizing the means of production, we certainly can, but a government hiring Westinghouse to build nuclear plants ain't it. I'm not going to argue a propublica post someone else wrote.

1 minute ago, nedboy7 said:


If you didn’t read it we don’t need to engage. Take care.  Stay clueless. 

You weren't engaging me, you were trying to engage me with someone else's work product.  Have your own opinions Neddy.

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