Beyond Trump: The Future Dangers of Government Owning Private Industry with Tad DeHaven - Part 2

On America’s News Hour, I continue my deep-dive with Tad DeHaven of the Cato Institute into the Trump administration’s unprecedented move to take a government stake in Intel. While many defenders argue “it’s just a non-voting share,” Tad explains why that’s a dangerous illusion—because once the federal government is the largest shareholder, pressure and influence are inevitable. We explore the bigger picture: if today’s Republican administration can justify equity stakes in private companies, what’s to stop a future Democratic administration from doing the same? Imagine a President AOC or Gavin Newsom using this precedent to take over firearms manufacturers, energy companies, or tech giants. Once this door is opened, it doesn’t close. This conversation is about more than Trump—it’s about the erosion of checks and balances that began decades ago, stretching back to Coolidge, through Obama’s bailouts, and now exploding into something even more permanent. The endgame? Nobody knows. That’s what makes it so dangerous.If the government sets the precedent of owning pieces of private companies, how long before it expands into every industry—and do you trust any party with that power?Follow me on X: @BillBernardoniFind me on LinkedIn: linkedin.com/in/billbernardoniFollow me on Facebook: facebook.com/profile.php?id=61557662543078Learn more about me and my work:bernardoni.media | bernardoni.blog