Liberty Lockdown

The Real Reason Trump Took 10% Ownership in Intel

12 snips
Aug 24, 2025
Delve into the controversial government acquisition of a stake in Intel, fueling concerns of fascism and overreach. The discussion highlights America’s struggles in the semiconductor race against China, calling for a revival of economic freedom. Examine the implications of federal control over tech firms and the risks of deploying National Guard forces for domestic policing. The podcast urges listeners to reflect on privacy issues linked to data practices and the historical challenges of government intervention in the market.
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ANECDOTE

Trump's 10% Proposal Recounted

  • Clint Russell recounts Trump's public suggestion that the U.S. should be given 10% of Intel after a meeting with its CEO.
  • He frames this as an unusual, high-profile example of government acquisition of private equity.
INSIGHT

Funding Sources For The 10% Stake

  • Clint explains the Intel stake was funded partly by the 2022 CHIPS Act and a classified Secure Enclave program.
  • He argues this represents federal money flowing into corporate ownership rather than ordinary market investment.
INSIGHT

Government Ownership Framed As Fascism

  • Russell labels government acquisition of private industry as fascism because the state owns production without worker control.
  • He warns this is dangerous even if presented as strategic or temporary.
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