Yes and the seeds have already been planted by the current US administration taking various financial stakes in public companies as a condition of corporate welfare.

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ahmeneeroe-v2 3 hours ago | parent | next [-]

Huge difference between taking an equity stake in a failing company and nationalizing a successful company. Either way, those seeds were planted well before this admin, though this admin can be seen to have watered/tended them.

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mattmaroon 4 hours ago | parent | prev [-]

The current administration didn’t start that, see the bailouts of the 07-08 financial crisis.

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shimman 4 hours ago | parent | next [-]

Those were just repaying the loans, having a stake in a company is completely different. It's not hard to push that further and in more creative ways too.

	▲	mattmaroon 4 hours ago \| parent [-]
		That’s completely incorrect, they got significant equity in AIG, Citibank, and several other companies.

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buellerbueller 4 hours ago | parent | prev [-]

I don't see this as a good analogy, because the financial crisis bailout appeared to save the companies from shuttering, which is not what happened under the current admin.

	▲	mattmaroon 4 hours ago \| parent [-]
		Some of it is. Intel was in big trouble. Some of the investments were more national security related and a lot of it was done through the DoD which has a history of this too. It’s unusual but not entirely unprecedented.