In a shocking turn of events, former President Donald Trump has announced that the U.S. government now owns a staggering 10% of Intel, a deal he claims was negotiated without any cost to taxpayers. This declaration raises alarms about the potential for a Putin-style oligarchy emerging in America, as critics warn of Trump’s history of corruption and self-serving motives. During a recent address, Trump touted the acquisition as a monumental success for America, linking it to the country’s future in semiconductor production. However, political analysts are quick to point out the troubling implications of such nationalization under Trump’s leadership.

Experts fear that this move is not about benefiting the American people but rather a calculated strategy to consolidate power and wealth among Trump’s allies. Jay Keith, a prominent commentator, outlined a grim scenario: Trump nationalizes shares, gifts them to loyalists, and repeats the cycle, creating a new class of oligarchs reminiscent of Putin’s Russia. This alarming pattern echoes Trump’s previous dealings, including a $400 million stake in a rare earth miner and a controversial tax equity claim on Nvidia.

Critics argue that this is not genuine nationalization aimed at public good, but a façade for political favors and corruption. With evidence of past unethical behavior, including alleged pay-to-play schemes, the public is urged to remain vigilant. The Chips Act funds, initially intended to boost U.S. jobs and infrastructure, now seem to be leveraged for personal gain. As Trump attempts to frame this move as a patriotic endeavor, many fear it is merely a sinister plot to enrich a new royal family of cronies. The stakes are high, and the implications for American democracy are profound. The nation watches closely as this story unfolds, with the potential for far-reaching consequences.