Well, for the second day in a row, I start with a phrase I never thought I would utter.

Republican President Donald Trump is having the United States government buy stakes in private companies.

This is what we used to call communism in the quaint old days when we were told Democrats are going

to do this.

There is a lot to explain here.

There's a lot to talk about.

So let me first kind of give you a little bit of information about what's happening and then

take a step back and discuss the political implications.

This latest move from Donald Trump is so wild that even the MAGA diehards are sort of scratching

their heads.

This is not the Fox News boogeyman version of if a Democrat becomes president, they will socialize or even communize.

I'll get to these terms in a moment, private industry.

This is Trump's Republican government saying we are buying a 10% stake in the private for-profit company Intel, the chipmaker,

that lost almost $19 billion last year and has really been struggling to compete with Taiwan's

TSMC. And so what the Trump administration has decided to do is to buy 10% of Intel.

Now, let's step back for a moment.

We're going to see a clip in a moment from Howard Lutnik saying we might even do this with more companies.

But before we do that, I want to remind you that it has been Republicans warning us.

Democrats either want to turn the country socialist or turn the country communist.

Now, you can ask 10 different people for their definitions of socialism and communism.

You'll get 12 different answers.

Many of those answers often self-serving, but as a very simple shorthand, we might consider

...