mfrybeasley
92102
1577
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#politics #mildly_interesting #berniesanders #vote
Firestar002
I s2g if I’m ever president I will GLADLY be a puppet for Bernie. He’s the only one who knows what the little people want and need.
BastonneKnight
It would be nice if the US could improve itself because Canadian politicians like to follow it's lead, especially in Alberta.
Matt1son1014
Steppenwolf’s monster
DJOldguy
Universal Health Care companies should hire lob- oh wait, there are no UHC companies to pay bribes for Congressional support.
meconopsia
Yeah, Doritos has enough money already
digasisv
Healthcare care for all and I mean all. The only way to ensure this is ban the government from the healthcare choices.
LurkerOfDarkness
The US would actually make a huge savings by having universal healthcare.
ThailandExpress
WoodHandle
Unfortunately voters have no interest in making America better for all when it can make America better for the few lobbyists.
HuskerCO
I mean, he's not wrong, as someone who works for a company that directly benefits from this, my bonus last year was... large
HuskerCO
But, if you see what China is dumping into the industry, it dwarfs what this bill provides.
TotallyNotASerialKiller
But how would we keep the poors sick and drowning in medical debt???
ArousedWizard
Bernie finds your lack of medicare disturbing
JohnSmithterms
Funding intel is 100% important if you know anything about TSMC and Taiwan. I feel like there is a 90% chance of China invading by 2030.
JohnSmithterms
However, look at my last post ... Merica should have universal healthcare like we have here in the UK. 2/2
scoutMoonDiver
I love Bernie Sanders!
sinbinrugger
We don’t deserve Bernie.
AVaguelyFamiliarUsername
In my country the cost for healthcare is split almost 50/50 for employer and employee. Wouldn't be a hard thing to implement in the US
Clockworkdancerobot
I want those who vote yes to be primaried.
fartharder
There's always money to do shit that some rich asshole wants done.
Lornelin
I wonder if you could pay for medicare for all just by letting the coordinating agency negotiate prices with pharma and healthcare providers
Lornelin
The prices you guys pay for pretty much anything health-related are way beyond ridiculous, from an outsider's perspective.
slinkhi
Bernie has been saying the same thing about lots of thing the govt spends money on but somehow claims not enough money for UHC. It's b.s.
eddbrowne
Most US secondary schools and colleges are weak. So don't expect much progress.
poughdrew
I just know Intel will manage to fuck this up.
deadtedw
Of course we can. But we won't.
TA2019
If the US keeps a source of chips is what will determine if it has a chance at remaining leading world power in the coming years.
pm1001
Universal health care would be cheaper, irrelevant comparison
derthric
No it wouldn't we spend more than 10x that amount already on medicare and medicaid at the federal level. Total health care spending public/1
derthric
And private is 4.1 trillion in 2020, even if you cut the costs by 50% it would still be 1 trillion a year. We should have a single payer /2
derthric
System but do not just spout BS like that its disingenuous and dilutes the truth of the issue.
KarateCanine
Bernie is right. But why does the US need to subsidise chip manufacturing anyway? A robot is the same price in the US as in China. 1/
KarateCanine
And that's all chip manufacturers are. Assembly lines of robots. It won't bring factory jobs back.
TA2019
This isn't a worker thing. This is a technical superiority thing. China is on the verge of passing the US, this is instrumental in the race
borkmeister
Fabs employ a lot of humans, but that isn't the point of the bill. It's a national security issue - look it up.
LlamaCheese1
An amendment was added that "Cannot use for stock buybacks, outsourcing, or union busting." How was this not part of the original bill?
fartharder
They'll just use their other money for that and use the free money for normal business.
Mathstronaut
Hahahahahahaha... Really? Because the lobbyists wrote the bill.
MangOpana
Stock buybacks are what all major companies do when they get a handout. Happens every single godamn time and it’s fucking infuriating
MangOpana
And laying off employees, of course. Which is imo far more despicable
Clockworkdancerobot
Lobbyi$ts.
BackwardseverythingsayI
Anonymous be donations campaign requiring by this of lot a curb can we like feel I. Altogether lobbying corporate eliminate and.
HandoB4Javert
Briberists
aarkarr
Why would I, a wealthy oligarch, pay my senators to introduce a bill that stops me from doing what I want to do?
AKATenn
the stock market wasn't invented till 1792, first union 1794
Thewayofthebear
So it'd be worse if not for that. Thanks mate!
AKATenn
it's hard to put something that hasn't been widey known or even invented yet into law.
ThomasThundersword
Amendment to the bill, not the US constitution.
MysticMoe
100% Bernie is right, but this chip subsidy is a very good thing, especially if China decides to turn up the heat with Taiwan.
OvertleyBadpickuplines
Right, I appreciate the spirit of your message Bernsie. However, don't touch my chips man.
JonWallace1985
Came to say this. I want both.
zoeytg
Glad it was brought up. People don't realize how devastating it could be to us should Taiwan be invaded.
dontcallmefrancis
Duuude!? It's about priorities, let the Corp capitolists figure it out since there's room for profits. We Need healthcare subsidies.
lighterletter
Bernie is the hero this county needs. Always has been.
YourmomusesTinder
Agreed. Needs to be done but they're still "behind the 8 ball" a bit as no one can touch Taiwan's manufacturing process and ability...Yet.
MysticMoe
For sure, apparently some Fabs are opening in the states but only the last Gen in terms of nanometers.
Wolfos
Losing access to the smallest process node isn't a disaster. The more important chips are on much higher nodes.
szepasszony
Why is a subsidy better than nationalizing the industry? If taxpayers need to collectively fund them, we should collective own them.
JustinBarker12
Exactly. Universal healthcare is a MUST... But so is computer chips and China is eyeing Taiwan pretty heavily and if Bernie stands in front
JustinBarker12
Of this, it will give republicans a HUGE talking point if our tech falls apart bc of a lack of chips
anengineerandacat
Yeah, one is nice to have and the other is a security issue for our economy.
HuskerCO
This is only a small dent compared to what China is investing in the semiconductor industry.
SlightlyDodgy
China might not have the money to do this. They have a recession coming, and I think this time they might not be able to hide it because /1
SlightlyDodgy
/2 they have been using quantitive easing through giving land to developers, allowing buildings to be put up for a fraction of real cost.
SlightlyDodgy
/3 however China has run out of land they normally would give away, and property sales has plummeted.
WebDragonG3
I've been trying to get my hands on a Sabrent DS4-RSS (the RAID one) since beginning of pandemic and can't due to chips and imports.
WebDragonG3
I've wanted decent healthcare, dental, eyewear coverage for *far* longer but ...
Elvenbane
Intel's already said they're going ahead with building the manufacturing plant regardless
HansImaginationStar
This! And then hold up your grand because why not right? How many R senators are stock holders for semi conduct makers?
Elvenbane
https://www.theregister.com/2022/07/06/intel_ohio_fab_spin/
KarateCanine
But why the subsidy. It's just a robot assembly line. It's not bringing jobs. Just pass a law stating "if they're sold here, they're made 1/
MysticMoe
Because in current day, capitalist America that would never, ever happen.
skellumqt
It's not just an assembly line. they're trying to reshore chip fab here instead of places like Taiwan (TSMC makes better chips atm)
NaughtButOne
It's not about the jobs, it's about the chips. US doesn't want to be entirely dependent on a foreign supply of a critical technology.
pattyymac
I work for a precision machine shop that makes parts for ASML, the largest non-chinese chip machine maker. I've learned a lot and still >
pattyymac
KarateCanine
Here." The USA is still the world's largest tech market. Use that leverage.
mugaaz
You don't understand how bad the chip shortage is and how impactful it is to US economics and security
KarateCanine
In what way? What tech is made in the USA anymore other than weapons and vehicles?
MrTay
Over simplifying. Chips are much more complicated to produce and the US does still manufacture quite a bit of chips. It’s the complexity 2/
MrTay
Of Taiwanese chips that the US and china struggle with. We can’t easily replicate them. You can’t just say to be used here made here. 2/
MrTay
That’s a gross underestimation of the complexity and cost/time it takes to develop manufactured items. I am in manufacturing importing. If3/
MrTay
You go to usitc.gov you can review anti dumping cases. You can even go to my prior comments in 2015-2016 for long thread explanations 4/
NumberOfTheOrgoBeast
From their perspective, it's not about jobs, it's about securing an independent source of a strategic commodity.
KarateCanine
But Taiwan is a an American ally.
NumberOfTheOrgoBeast
I think the expectation is that Taiwan will be conquered by China soon. Even if that doesn't happen, American nationalists have always ...
NumberOfTheOrgoBeast
... hated seeing strategic resources in foreign lands. It's a self-defeating attitude, but they're not clever people.
haIucid
tr0Jan
She sold it (25k shares of invidia) and took a 341k loss today didn't she?
fuckthisishard
Nvidia isn't getting anything from it. Intel, their competitor, is.
haIucid
To be clear, many in congress did this. Not just Nancy.
Rip42
And it's been public knowledge for 18 months.
CampbellsChunkyCyst
Yeah, and they're all dirtbags for it. It should be illegal for senators to get away with this crap. The loophole needs to close.
lasertag2000
It is illegal and it's not a loophole. It's a law that's not enforced
19tmoose97
It's insider trading, no? Buying or selling stock before announcing something that effects the price
FragileDonkey
Yeah he sold stock at a loss. $350k worth of loss to be exact. This isn't what insider trading is.
FragileDonkey
Been different if he made millions. But he didn't.
lasertag2000
So...he sold it after they got caught?
FragileDonkey
Probably.
runswithlag
I agree with your assessment to a point. Technically, both things could be true. If I were going to be wise about cheating a system, 1/2
runswithlag
I would be sure to build in some public, calculated loss so it doesn't look as shady.
FragileDonkey
I'm not saying what they did was by any means good. Just saying he took a loss. Definitely looks shady and it probably is.