Wait, the FAA wants to own a portion of the company? As in, the government believes it had the authority to own the means of production?

Is this more common than I realize in US executive deparyments and agencies?

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joshuahedlund 2 hours ago | parent | next [-]

The current administration has taken govt stakes in over 40 companies. I don’t have a link handy but I believe this is unprecedented for the US.

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NoFingerprints 2 hours ago | parent | prev | next [-]

I took it to mean that somebody in government is pushing to invest public money in this private company.

	▲	xp84 2 hours ago \| parent [-]
		Invest, or spend?

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veqq 2 hours ago | parent | prev | next [-]

What do you mean? The Trump administration is the most socialist since the the 30s, seriously.The government now owns dozens of large companies and is giving individual citizens shares (with those "Trump accounts" for kids etc.)

	▲	_heimdall an hour ago \| parent [-]
		Oh I don't disagree with you here, I just hadn't realized the government was actively taking ownership stake in companies (beyond the broadly reported Intel move). I've felt for most of my adult life that both parties have similar goals with decidedly different implementations. In this case, both want socialist combination of state and industry, even if they disagree with how to reach that goal.

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njovin 2 hours ago | parent | prev [-]

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	▲	xp84 2 hours ago \| parent \| prev [-]
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