BREAKING: U.S. Secretary of Commerce says Pentagon “thinking” about seizing stakes in private defense contractors.
Doesn't that reek of, uh...socialism?
No. The government is not running it. It's an investment, like owning stock in the company. It's called capitalism.
I can invest in Intel... but I won't be able to pass legislation (or sign executive orders LOL) that affects Intel's value. Even better if I could be in a position to coerce/manipulate Intel's competitors!