Not to veer to much into Politics, and this isn't a personal attack on him ( see next item ), but that attitude matches up with Trump's attitude, as he has been openly pushing for Fed ownership of large parts of the chip industry, and a few others.  "for national security reasons".

And back to being 'fair', everyone in office is a Communist ( or similar ) at heart, regardless of what they claim.. the baseline is that they all want more power over us and more money than us. And they use their current power to get there. Sad part is we gave it to them and dont have the balls to take it back.

Sat Jun 06 2026 11:18:41 EDT from IGnatius T Foobar

At the rate we are going, it will wipe out the world economy.  They are
borrowing so much the entire market system wont survive.

And right on cue, Bernie Sanders is proposing that the government should receive 50% ownership of all AI companies.

[ https://www.sanders.senate.gov/op-eds/the-public-should-own-half-of-the-big-a-i-companies/ ]

You know ... seize the means of production. That'll collapse the world even faster.