{"id":98727,"date":"2026-08-01T03:42:03","date_gmt":"2026-08-01T03:42:03","guid":{"rendered":"https:\/\/fallsurfing.net\/firstnews\/scarborough-every-small-government-conservative-should-oppose-the-government-taking-stakes-in-tech-companies\/"},"modified":"2026-08-01T03:42:03","modified_gmt":"2026-08-01T03:42:03","slug":"scarborough-every-small-government-conservative-should-oppose-the-government-taking-stakes-in-tech-companies","status":"publish","type":"post","link":"https:\/\/fallsurfing.net\/firstnews\/scarborough-every-small-government-conservative-should-oppose-the-government-taking-stakes-in-tech-companies\/","title":{"rendered":"Scarborough: Every Small-Government Conservative Should Oppose The Government Taking Stakes In Tech Companies"},"content":{"rendered":"

MS NOW host Joe Scarborough rips the Trump administration for “nationalizing large parts of the tech sector” by taking equity positions in semiconductor and AI companies<\/a>. On Friday’s edition of “Morning Joe,” Scarborough said, “the government should not pick winners and losers.” <\/p>\n

MIKA BRZEZINSKI: The Department of Commerce is taking equity stakes in seven companies developing semiconductor technologies for artificial intelligence and advanced computing systems. Also known as socialism. Announced yesterday that it would designate more than 870 million dollars in federal incentives under the Chips and Science Act in exchange for minor equity stakes in those companies. This practice has drawn criticism from lawmakers, including some Republicans like Senator Todd Young, who has said the Chips Act was never intended to let the federal government take major stakes in private companies. JOE SCARBOROUGH: Richard Haass, this is socialism. This is pre-Thatcher style socialism. And the great irony, here you have Republicans, small government Republicans, running up the biggest deficits, the biggest debt ever, crippling this country. Not future generations, they’re going to cripple this generation with the biggest budgets ever, the biggest spending ever, the biggest socialized schemes ever. And now you have the same Trump socialism scheme spread as Republicans seize control of seven more private companies, I wrote yesterday. This is a policy that poisoned pre-Thatcher Britain. That Republicans keep spreading socialism across the tech sector businesses is deeply disturbing, so too are the record deficits and debt. Richard, they point at a radical fringe group in the Democratic Party and claim, oh this is what Democrats are doing, they’re socialists. And yet, you actually have Republicans practicing socialism. First they practice socialism with Intel, then they practice socialism by forcing other companies to do business with the federal government or else they’re going to get cut out. And now the same thing here. Oh yeah, you can be involved in the Chips Act, but you’ve got to engage in a little act of socialism with us and let us take over stakes in your company. This is, this is outrageous. Every Republican, every Democrat, every small government conservative should be against this… SCARBOROUGH: An extortionist party… going to these companies and basically saying, yeah, the government will let you do this, let you do that, but you’re going to have to let us take over stakes in your company. I mean this, again, this is what Britain was doing and it collapsed economically. Then Thatcher came in and privatized all of these, these companies that socialists had nationalized. Here’s Donald Trump nationalizing large parts of the tech sector.<\/p><\/blockquote>\n

RealClearPolitics Videos<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MS NOW host Joe Scarborough rips the Trump administration for “nationalizing large parts of the tech sector” by taking equity positions in semiconductor and AI companies. On Friday’s edition of “Morning Joe,” Scarborough said, “the government should not pick winners and losers.” MIKA BRZEZINSKI: The Department of Commerce is taking equity stakes in seven companies […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3944,8595,1279,212,14488,21298,609,30059,12818,2118,3607],"_links":{"self":[{"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/posts\/98727"}],"collection":[{"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/comments?post=98727"}],"version-history":[{"count":0,"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/posts\/98727\/revisions"}],"wp:attachment":[{"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/media?parent=98727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/categories?post=98727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fallsurfing.net\/firstnews\/wp-json\/wp\/v2\/tags?post=98727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}