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Liberty Lockdown

The Real Reason Trump Took 10% Ownership in Intel

Liberty Lockdown

Clint Russell

Politics, News

4.81.2K Ratings

🗓️ 24 August 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

In this episode of Liberty Lockdown, host Clint Russell dissects the U.S. government's acquisition of a 10% stake in Intel, funded by the CHIPS Act and Secure Enclave, raising alarms about fascism and government overreach. He critiques the move as a departure from free-market principles, warning of long-term threats to privacy and constitutional rights, especially with Palantir’s data practices and National Guard deployments in 19 states. Russell argues that America’s inability to compete with China in microchip production stems from excessive regulations and inflation, urging a return to economic freedom to win the AI race. The episode challenges listeners to question the implications of federal control over private corporations and domestic policing. Subscribe and share to join the fight for liberty. Check out my show over on Fountain: https://www.fountain.fm/show/nUTYcMtl4yMuoKHljZWu Become a supporting member of Liberty Lockdown here!: https://libertylockdown.locals.com/ This is where I do monthly AMA's for supporting members only Super valuable stuff! Twitter: https://twitter.com/LibertyLockPod Pickup LL shirts over at https://www.toplobsta.com/products/ll-lakers?_pos=5&_sid=e7319ba4a&_ss=r&variant=40668064186434 NEW DESIGNS JUST DROPPED All links: https://www.libertylockdownpodcast.com/ Linktree: https://linktr.ee/libertylockdown As always, if you leave a five star review on Apple Podcasts with your social media handle I'll read it on next weeks show (audio version only)! Love you long time Liberty Lockdown presents a variety of opinions, sometimes opposing and controversial. They are not representative of the host of the podcast. Guests are encouraged to express their opinions in a safe and equitable environment.

Transcript

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0:00.0

About the 10%.

0:01.0

Tom Cotton, a senator from Arkansas, a great guy, a friend of mine, a supporter of mine, big support, I'm a supporter of his too. And he wrote a pretty nasty story about the head of Intel. And I said, well, if that's right, he should resign and he came in, he saw me, we talked for a while. I liked him a lot. I thought he was very good. I thought he was somewhat a victim, but you know, nobody's a total victim, I guess. And I said, you know what? I think

0:26.4

the United States should be given 10% of intel. And he said, I would consider that. I said,

0:32.1

well, I'd like you to do that. Welcome to Liberty lockdown. This is Clint Russell. It's been a while.

0:36.6

I apologize. Took a little break. Internet connection issues, weather issues, running errands, travel,

0:43.3

you know, live in life. But the good news is while I was away, you and I became 10% owners of Intel.

0:51.3

Who would have thought? Didn't even have to buy it? Nope, that's actually not true.

0:56.0

That's not what happened. So I did a little digging because at first glance I was like, well,

1:01.2

this is concerning, odd, unusual. For those that are not familiar with recent history of crises

1:09.5

and government interaction in the private market,

1:11.8

probably the best case study on what we're describing here was 2008, which is really where I

1:16.8

cut my teeth. I just came out of college. I had entered the mortgage industry and I was right

1:21.4

in the heart of basically the Great Recession and it was not fun. But what we saw happen as a consequence of the Great

1:28.6

Recession was the federal government acquired multiple large institutions. I think they took on

1:35.6

like GM for a time, a bunch of liquidations, Washington Mutual got liquidated. Well, I mean,

1:41.5

Bear Stearns, all of these companies that were going bust and then

1:44.3

others that were being bailed out and being kind of technically acquired for a time by the United

1:51.0

States federal government. And I opposed all of it. And you shouldn't be surprised. I am a free market

1:56.6

capitalist. I believe in creative destruction. I believe that if you make bad business decisions,

2:00.7

as they did, which led to that crisis, they ought to go bust. But they did. capitalists. I believe in creative destruction. I believe that if you make bad business decisions as

2:01.0

they did, which led to that crisis, they ought to go bust, but they did not. George Bush and then

2:07.0

Barack Obama, they continued this process of bailing out these very large, many of them were Fortune

...

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