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Sunday, September 21, 2025

Jurassic Pork - Dinosaur Company Resurrected by the U.S. Government

Consider that Intel facilities in China employs members of the Chinese armed forces (PLA - Popular Liberation Army) in both management and highly critical technical jobs (see picture and discussion in previous post on this web site). For Intel company this means saving considerable payroll costs; however, for the Chinese Government this means inside access and even control over processes and critical knowledge. This casts a long shadow on the  "National Security" ruse used to justify recent U.S. Government giveaway of multi-billion dollar Taxpayers giveaway to the company that continues to operate its facilities in China.

Generous "corporate welfare" not only works against the public interest but also demonstrates how corporate bad behavior is being rewarded for political gain by both the Democratic and the Republican parties, all driven by the wealthy Political Donors class.
 
Click on the highlighted link below to hear the podcast audio content.

This time Listen to the Deep Dive audio podcast offering a critical examination of Intel Corporation's financial strategies and corporate challenges, focusing heavily on the controversial practice of stock buybacks and the subsequent impact on innovation and employee relations. Multiple sources argue that Intel's massive spending on buybacks, totaling over $152 billion since 1990, prioritized short-term shareholder value over essential investments in technological development, contributing to its current struggles in competitive markets like AI. Furthermore, the documents detail significant mass layoffs occurring in 2015 and 2025 as part of restructuring efforts, with one source exploring a former employee's discrimination and retaliation lawsuit alleging age and national origin bias during the 2015 cuts. Finally, the texts discuss the U.S. government's recent equity stake in Intel, stemming from federal grants, which financial experts warn could lead to a "lost decade" of stagnation and political interference, raising concerns about corporate governance and the purpose of taxpayer subsidies.

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