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US Calls Broadcom's Bid For Qualcomm a National Security Risk (nytimes.com)
An anonymous reader quotes a report from The New York Times (Warning: source may be paywalled; alternative source): The United States government said Broadcom's proposed acquisition of rival chipmaker Qualcomm could pose a national security risk and called for a full investigation into the hostile bid. The move complicates an already contentious deal and increases the likelihood that Broadcom, which is based in Singapore, will end its pursuit of Qualcomm. Such an investigation is often a death knell for a corporate acquisition. A government panel, the Committee on Foreign Investment in the United States, or Cfius, noted, in part, that the potential risk was related to Broadcom's relationships with foreign entities, according to a letter from a United States Treasury official. It also said that the deal could weaken "Qualcomm's technological leadership," giving an edge to Chinese companies like Huawei. "China would likely compete robustly to fill any void left by Qualcomm as a result of this hostile takeover," the official said in the letter. The letter and the public call for an investigation reflects a newly aggressive stance by Cfius. In most cases, the panel operates in secret and weighs in after a deal is announced. In this instance, Cfius, which is made up of representatives from multiple federal agencies, is taking a proactive role and investigating before an acquisition agreement has even been signed.
Protectionism has been used by left and right. It's certainly not liberal, though.
"Liberal" means different things to different people.
In Europe, it has the original meaning of what Americans call libertarian (free trade, free enterprise, social tolerance).
In America, a "liberal" is a progressive, or what Europeans call "social democrats".
In Australia, a "liberal" is a right wing conservative.
WW2 was a good thing?
It was a good thing for the US economy. Everyone else got punched in the nuts and we came out ahead. All that prosperity where a bag boy could buy a house in the USA was based on WWII.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
Like the time Democrats fought for the right to own black people?
You mean the right-wing Southern Conservative "Democrats" who have been dead for over a century but that the "Republicans" of today laud as heroes for standing up for states's rights while vehemently insisting we hold sacred their monuments to racism and oppression?
Or are you talking about the time Democrats rounded up anybody who looked Japanese and shoved them in camps, whilst looting their property?
You mean the "Democrats" and "Republicans" of the 1940s who allied with Communism just to fight a war against the right-wing Fascists who engaged in industrial genocide the reality of which is happily denied by the "good people" in the White Nationalist movement of today?
Oh, yes, tax cuts are so dark.
You mean "tax largess" to the wealthy kleptocrats, and yes, that is some dark-ass corruption, as it was back in the 1830s and 1870s, and 1920s, and...
Well, the fact is, Trump might have just as well sold out the country, at least then we'd be renters, not debtors.