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No Sympathy, No Charity's avatar

JVL, MP Minerals in the second company with a government stake in it. Actually, the first company, US Steel (now owned by Nippon Steel) has a government controlled stake in it as well. Well, sort of. You see, in the case of the steel company, TRUMP himself has the “golden share” in the company. And it ONLY reverts back to the government upon Trump’s exit from the WH! Listen, true socialism has never been tried, maybe it will work this time!

Also, at this point, Bob Menendez has to be wondering what exactly he did to be in jail today, right?!

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Oblique Irony's avatar

I'm actually somewhat relieved to read this summary, because my recollection included (probably instinct by now) something sneaky reverting to Trump's personal property upon the end of his term.

Just wait till spring 2028, when Rep. Andy Ogles (e.g.) introduces legislation to grant permanent stewardship of the golden share to Trump Org., because it's just too "reckless for the economy" to risk it coming under control of a Marxist-Socialist administration.

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No Sympathy, No Charity's avatar

I hate how realistic this possibility is.

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Jan Hodges's avatar

Trump will probably pardon Menendez. I wonder if he'll get the gold bars back.

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Joel Parshall's avatar

Yes, Menendez, for some surely mysterious reason, may be just Trump’s kind of Democrat …. like Rod Blagojevich!

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Tamie Swain's avatar

Yes I was thinking about US Steel too

And Bob got caught when there were still laws being enforced.

We are well and truly on fire with no firefighters. It will have to burn itself out.

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MAP's avatar

Or rather, the firefighters are starting the fires. Pyromaniacs all.

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Travis's avatar

Ahh good, I'm not the only one who remembered Nippon Steel from what feels like 2 months ago but is actually just like 2 weeks ago.

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No Sympathy, No Charity's avatar

We are living in dog years, Travis!

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jpg's avatar

You beat me to the punch on the Nippon Steel golden share.

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