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Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel
By MICHELLE L. PRICE and MICHAEL LIEDTKE Updated 5:55 PM CDT, August 22, 2025
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.
“The United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future,” Trump wrote in a post.
The U.S. government is getting the stake through the conversion of $11.1 billion in previously issued funds and pledges. All told, the government is getting 433.3 million shares of non-voting stock priced at $20.47 apiece — a discount from Friday’s closing price at $24.80. That spread means the U.S. government already has a gain of $1.9 billion, on paper.
The remarkable turn of events makes the U.S. government one of Intel’s largest shareholders at a time that the Santa Clara, California, company is in the process of jettisoning more than 20,000 workers as part of its latest attempt to bounce back from years of missteps taken under a variety of CEOs.
Intel’s current CEO, Lip-Bu Tan, has only been on the job for slightly more than five months, an d earlier this month, it looked like he might be on shaky ground already after some lawmakers raised national security concerns about his past investments in Chinese companies while he was a venture capitalist. Trump latched on to those concerns in an August 7 post demanding that Tan resign.
| August 24, 1968 France became the world’s fifth thermonuclear power when it exploded a hydrogen bomb at the Fangataufa Atoll in the South Pacific. It had a yield of 2.6 megatons (the equivalent of more than two-and-a-half million tons of TNT) and heavily contaminated the atoll, leaving it off-limits to humans for six years. ![]() Fangataufa test Atmospheric and underwater nuclear weapons testing continued there for nearly thirty more years. |
| August 24, 1970 United Farm Workers Organizing Committee (UFWOC) leaders Cesar Chavez and Dolores Huerta called for a consumer boycott of lettuce to support the strike against lettuce growers who would not negotiate contracts with the farm workers for decent wages and working conditions. ![]() United Farm Workers show their support for the lettuce strike and boycott at a rally in Salinas, California. U.F.W. history ![]() Farm Labor leader Cesar Chavez, pictured at a rally in Salinas, California The United Farm Workers today Farmworker Movement Documentation Project ![]() Susan Due Pearcy ![]() ![]() Boycott Posters and buttons |
https://www.peacebuttons.info/E-News/peacehistoryaugust.htm#august24
Florida Governor Ron DeSantis had the state pave over the memorial for the 49 Pulse Nightclub massacre victims.
Members of the community responded










































































































But, I don’t know – it’s hard for me to see any Trump ties to Russia…except for the Flynn thing and the Manafort thing
and the Tillerson thing
and the Sessions thing
and the Kushner thing
and the Carter Page thing
and the Ivanka hanging with the oligarchs thing
and the Roger Stone thing
and the Felix Sater thing
and the Boris Ephsteyn thing
and the Rosneft thing
and the Gazprom thing
and the Sergey Gorkov banker thing
and the Azerbajain thing
and the “I love Putin” thing
and the Donald Trump, Jr. thing
and the Sergey Kislyak thing
and the Russian Affiliated Interests thing
and the Russian Business Interests thing
and the Emoluments Clause thing
and the Alex Schnaider thing
and the hack of the DNC thing
and the Guccifer 2.0 thing
and the Mike Pence “I don’t know anything” thing
and the Russians mysteriously dying thing
and the Trump’s public request to Russia to hack Hillary’s email thing
and the Trump house sale for $100 million at the bottom of the housing bust to the Russian fertilizer king thing
and the Russian fertilizer king’s plane showing up in Concord, NC during Trump rally campaign thing
and the Nunes sudden flight to the White House in the night thing
and the Nunes personal investments in the Russian winery thing
and the Cyprus bank thing
and Trump not releasing his tax returns thing
and the Republican Party’s rejection of an amendment to require Trump to show his taxes thing
and the election hacking thing
and the GOP platform change to the Ukraine thing
and the Steele Dossier thing
and the Leninist Bannon thing
and the Sally Yates can’t testify thing
and the intelligence community’s investigative reports thing
and the Trump reassurance that the Russian connection is all “fake news” thing
and the Spicer’s Russian Dressing “nothing’s wrong” thing
and the Chaffetz not willing to start an investigation thing
and the Chaffetz suddenly deciding to go back to private life in the middle of an investigation thing
and the The Lead DOJ Investigator Mary McCord SUDDENLY in the middle of the investigation decides to resign thing
and the appointment of Pam Bondi who was bribed by trump in the trump university scandal appointed to head the investigation thing
and the The White House going into full-on cover-up mode, refusing to turn over the documents related to the hiring and subsequent firing of Flynn thing
and the Chaffetz and White House blaming the poor vetting of Flynn on Obama thing
and the Poland and British intelligence gave information regarding the hacking back in 2015 to Paul Ryan and he didn’t do anything thing
and the Agent M16 following the money thing
And now the trump team KNEW about Flynn’s involvement but hired him anyway thing
and The Corey Lewendowski thing
and the Preet Bharara firing thing but before he left he transferred evidence against trump to a state level Schneiderman thing
And the Betsy Devos’ Brother thing
And the Sebastian Gorka thing
And the Greg Gianforte from Montana thing
And the pence actually was warned about Flynn before he was hired thing
and the Pence and Manafort connection thing
And the 7 Allies coming forward with audio where trump was picked up in incidental wire tapping thing
and the carter Page defying the Senate’s order to hand over his Russian contact list thing
and the Obama coming forward and sayin he warned trump directly thing
And the trump wants to VETO Sally Yates’ testimony thing
and the trump tweets attacking Yates and defending Flynn thing
and the “no evidence of collusion” attributed to Clapper, who never said such a thing, thing.
and the amnesia epidemic that hit every member of the Inner circle when it comes to remembering meetings with Russians thing.
and the “18” days before Flynn was fired thing
and the witness intimidation through tweets thing
and the McGahn “Why does it matter to the DOJ if one White House official lies to another official?” thing
and firing Comey thing!
and the temporary FBI head, McCabe, being also under investigation thing
and the banning the US press but allowing the Russian press to the Russian ambassador Oval Office meeting thing!
and the Certified Letter thing!
and the threatening Comey thing!
and the firing of Comey thing!
and the I respect the investigation but it is a witch hunt and no president has been so persecuted thing!
and the Kushner back door thing!
and the appointing Christopher Wray, as head of the FBI, whos law firm represented the trump organization and has ties to Rosneft and Gasprom Russian organizations! Yea that thing.
and the blaming Obama for the Russian hacking that a week before he called a hoax and witch hunt!
and the Kushner/ trump jr meeting with Russia’s top propagandist Natalia Veselnitskaya thing.
and Peter Smith who actually colluded with Flynn thing
And trump and Tillerson meeting privately with Putin thing.
And trump allowing VISAs to 150 known Russian spys thing.
And trump offering to work with Putin on a cyber security thing.
And the Natalia Veselnitskaya having dinner with a republican congressman after “the meeting” thing.
SO yeah, there’s probably nothing there,
– Michael Jochum

Inside the facility where ICE officers train as Trump administration ramps up hiring
The administration has prioritized hiring 10,000 new agents.
Read in ABC News: https://apple.news/AMS5iks9uSO-2dTLNCGw_UA
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‘Like a horror movie’: LGBTQ+ community speaks out against same-sex marriage appeal
Though unlikely, if Obergefell was overturned, same-sex marriage would likely remain protected in the U.S. under the 2022 Respect for Marriage Act.
Read in USA TODAY: https://apple.news/AMsBeQV0pSD2jgtxLW9JoQw
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Best Wishes and Hugs,Scottie