The US government now holds equity stakes in 30 private companies, up from zero just over a year ago. In some cases, it's the largest shareholder.
This raises massive questions about capital misallocation, government neutrality, and cronyism, says @scottlincicome on @MSNOWNews.
When Mussolini, a former socialist, first became PM in early 1920s he placated nervous elites with privatizations of some major sectors. By end of 1930s the corrupt Italian Fascist regime had more state involvement in the economy than any European country outside of the Soviet Union.
WASHINGTON – President Donald Trump has over the past year been snapping up America’s means of production — the literal definition of communism — even as he makes a habit of labeling virtually all of his critics and political opponents “communists.”
Since retaking office in January 2025, Trump’s executive branch has acquired stock or other ownership interest in dozens of U.S. companies, from $400 million in mining company MP Materials to $1 billion in defense contractor L3Harris/Missile Solutions to $8.9 billion in Intel, making the government the chipmaker’s third-largest shareholder. In all, according to a recent Cato Institute analysis, the U.S. government is now part-owner of 30 companies, with no end to the practice in sight.
https://t.co/inrqF3K8V3
Entire neighborhoods in Spokane look like a war zone. Thinking of those who lost a home, I have to believe it adds to the absolute anguish that someone may have done this on purpose.
Thanks to law enforcement for arresting a suspect and to Paul Child for reporting him.
2 Republican Georgia mayors have announced they will back Democrat Jon Ossoff for reelection:
“He’s been very good to South Georgia, and in my nonpartisan role as mayor, I have to look to someone who takes care of their constituents. I’m a Republican, but there are times when a person exceeds the party. They go above and beyond.”
PabloReports: Do you agree with Senator Cornyn that there is nothing that can be done to constrain Trump?
Warren: No. Republicans have the majority. They could constrain Trump on war, on these slimy tax deals, on his corruption. The list is long. But to do that, they would actually have to grow a spine. And so far, what we have around here is a bunch of gelatinous blobs.
I went to the Senate floor today to ask a simple question.
Can any of my Republican colleagues defend the President's disgusting new scheme to sell early access to White House announcements about the war for $100,000 a month?
Of course they can't.
That this outrageous statement celebrating imperialism was not page one news today underscores how numb we have become to Trump.
This is not normal!
In my view, this is un-American! We are not imperialists. Who believes, "to the victor belong the spoils"? I dont.
This money belongs to the people of Venezuela, not us.
That this outrageous statement celebrating imperialism was not page one news today underscores how numb we have become to Trump.
This is not normal!
In my view, this is un-American! We are not imperialists. Who believes, "to the victor belong the spoils"? I dont.
This money belongs to the people of Venezuela, not us.
🚨 BOMBSHELL! Top journalist Ana Kasparian drops a massive revelation.
She confirms the UAE just bought half of the Trump family's crypto company, funneling a staggering 580 million dollars directly to the President.
The White House is entirely for sale.
Apparently a plan was proposed in March by a Trump bootlicker appointee to replace the 200-year-old columns on the White House with more "ornate" columns that match his style.
Scaffolding has gone up. The White House says it's "routine maintenance."
Congress is silent.
To Olympian David Hearn’s legal team: I took the following photos and videos of the Reflecting Pool on June 19th - same day that Hearn was arrested - and I saw that the pool sealant/liner was already peeling in multiple places.
I’d be willing to testify.
Elon, I can give you many, many names of people who have died because of your aid cuts.:
*Yamah Freeman was a 23-year-old woman who died in childbirth because you stopped paying for the diesel for ambulances in her part of Liberia. I talked to her parents and sister in their village.
*Gbessey Kiadu, age 1, died of malaria because of your cuts in Liberia. I talked to his mom in her village.
*Ibrahim Koroma, an infant, died of AIDS in Sierra Leone after you interrupted HIV supplies. I talked to health workers who cared for him.
*Achol Deng was an 8-year-old girl with HIV in South Sudan who died when you cut funding for the health care worker who provided her medicines. I talked to him.
I could go on and on. In almost every village you go to in South Sudan, Uganda, Liberia, Sierra Leone or other countries I reported in, you find people dying because of aid cuts. I challenge you: Come with me on a reporting trip, and we'll talk to these moms and dads, and you'll see the dying children themselves. I think if you see the kids whose lives are at stake, maybe you'll change your mind.
@AndrewTWalker Where did this picture come from? Seems like Reddit and reverse google searches saying this most likely is a black history club. Why not post a picture from an actual Texas public school room?
@redhotnerd I will post under each story I see. I too can confirm. I work with a few brands that paid MILLIONS to be sponsors and use the logo A250. There was money connected to this celebration and grants being given from it to produce event activations. THEY STOLE THAT MONEY.