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Posted

https://www.cnbc.com/2025/10/15/trump-xi-china-bessent-price-floor-rare-earth-critical-mineral.html

Per the report, the administration wouldn't identify the industries it wanted to control with equity stakes and price floors, but they definitely want to expand the practices. For me, price floors aren't really the story here - though if you don't get it right, you kill industries - it's the increased governmental involvement. 

The fact that they won't say what industries should have alarm bells ringing in everyone's ear. 

 

Posted

Can you imagine the outrage if Biden or Obama tried to do this? OMG; it's "communism." But now, these hypocrites will find a way to justify it. People like @JimmySpeaksconstantly complains about communism but will support this one, simply because Trumptard is behind it. 

Fighting the Good Fight Against Non-Stop Winger Lies and Hypocrisy

Posted

When I first heard about this, a week or more ago, it was said that it would be towards industries critical to our national defense and security.  Could be anything from mining, to pharmaceuticals, to tech. 

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